De Witte Winkel
ActiveDe Witte Winkel has been active since 1975 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €343k and a net result of €103k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 42% of 9623 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability81▼-7
Solvency57▲+7
Growth69=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity tight (current ratio 1.42 against 1.28 in 2023; short-term debt: 67.4% and cash: 7.6% of total assets), and 68% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €343k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
54 d late
2022
34 d early
2021
53 d early
2020
45 d early
2019
53 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€2.89M▼ 3.1%
2021 · €2.98M
2018: €2.34M
2019: €2.37M
2020: €2.53M
2021: €2.98M
2018 → 2022
EBIT margin
8.0%▲ 3.0pp
2021 · 5.0%
2018: 2.6%
2019: 0.2%
2020: 3.6%
2021: 5.0%
2018 → 2022
Net result
€103k▼ 29.2%
2023 · €146k
2018: €33k
2019: €-9k
2020: €38k
2021: €100k
2022: €168k
2023: €146k
2018 → 2024
Working capital
€304k▲ 51.1%
2023 · €201k
2018: €321k
2019: €265k
2020: €229k
2021: €249k
2022: €526k
2023: €201k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€2.53M-€2.98M▲ 17.9%€2.89M▼ 3.1%
Equity€239k-€239k=€239k=€239k=€343k▲ 43.2%
Operating result€91k-€150k▲ 65.0%€231k▲ 53.7%€213k▼ 7.7%€179k▼ 15.8%
Net result€38k-€100k▲ 166%€168k▲ 67.3%€146k▼ 13.1%€103k▼ 29.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 16% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.07M
Fixed assets
€44k▲ 16.5%
Current assets
€1.03M▲ 12.8%
Equity and liabilities €1.07M
Equity
€343k▲ 43.2%
Debt
€728k▲ 2.7%
The debt ratio falls from 74.8% to 68.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€198k▼
2023 · €233k
Cash flow
€122k▼
2023 · €167k
Solvency
32.0%▲
2023 · 25.2%
Current ratio
1.42▲
2023 · 1.28
Quick ratio
0.34▲
2023 · 0.27
Debt / equity
2.12▼
2023 · 2.96
ROE
30.2%▼
2023 · 61.0%
ROA
9.7%▼
2023 · 15.4%
Interest coverage
8.35▼
2023 · 16.19
Debt
€728k▲
2023 · €709k
Debt ≤ 1 year
€722k▲
2023 · €709k
Income taxes
€52k▼
2023 · €53k
Staff costs
€343k▼
2023 · €432k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€949k€1.07M▲
Fixed assets21/28€38k€44k▲
Tangible fixed assets22/27€38k€44k▲
Plant, machinery and equipment23€11k€9k▼
Furniture and vehicles24€27k€35k▲
Financial fixed assets28€0-
Current assets29/58€911k€1.03M▲
Stocks and contracts in progress3€716k€781k▲
Stocks30/36€716k€781k▲
Amounts receivable within one year40/41€86k€165k▲
Trade receivables40€6k€65k▲
Other amounts receivable41€80k€100k▲
Cash at bank and in hand54/58€107k€81k▼
Deferred charges and accrued income490/1€1k€0▼
Equity and liabilities
Total equity and liabilities10/49€949k€1.07M▲
Equity10/15€239k€343k▲
Contributions10/11€19k€19k=
Reserves13€221k€324k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€219k€322k▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€0-
Provisions for liabilities and charges160/5€0-
Major repairs and maintenance162€0-
Other liabilities and charges164/5€0-
Amounts payable17/49€709k€728k▲
Amounts payable after more than one year17€0-
Financial debts170/4€0-
Amounts payable within one year42/48€709k€722k▲
Current portion of amounts payable after more than one year42€0-
Financial debts43€250k€0▼
Credit institutions430/8€250k€0▼
Trade debts44€183k€67k▼
Suppliers440/4€183k€67k▼
Taxes, remuneration and social security45€60k€74k▲
Taxes450/3€5k€23k▲
Remuneration and social security454/9€55k€51k▼
Other amounts payable47/48€216k€581k▲
Accrued charges and deferred income492/3€0€6k▲
Income statement
Code20232024
Non-recurring operating income76A€2k€5k▲
Remuneration, social security and pensions62€432k€343k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€21k€19k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€-33k€0▲
Other operating charges640/8€9k€10k▲
Non-recurring operating charges66A€375€0▼
Gross operating margin9900€642k€551k▼
Operating profit (loss)9901€213k€179k▼
Financial income75/76B€1k€437▼
Recurring financial income75€1k€437▼
Financial charges65/66B€14k€24k▲
Recurring financial charges65€14k€24k▲
Profit (loss) for the period before taxes9903€199k€156k▼
Income taxes67/77€53k€52k▼
Profit (loss) for the period9904€146k€103k▼
Profit (loss) for the period to be appropriated9905€146k€103k▼
Appropriation of the result
Profit (loss) to be appropriated9906€146k€103k▼
Transfer to equity691/2-€103k
To other reserves6921-€103k
Profit to be distributed694/7€146k€0▼
Return on contributions (dividend)694€146k€0▼
Social balance
Average headcount (FTE)90877.16.2▼
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 61 days late
2024
23-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 54 days late
2023
27-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €168k ▲67.3%
Operating result €231k, net result €168k, both a record.
08-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
16-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €38k
Net result €38k after one loss-making year.
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €-9k ▼127%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
06-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Laarne · 1 establishment unit since 1975
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Dendermondsesteenweg 61A9270 LaarneGround area
6,577 m²
Building footprint
1,165 m²
Volume, LiDAR
4,118 m³
2 parcels, Flanders · tallest building 8.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Dendermondsesteenweg 61, 9270 Laarne
since 19752.011.398.829
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42009C0983/00G000 | Flanders | 3,672 m² | 1 · 995 m² | 4.3 m · 1 fl. |
| 42009C0988/00Z000 | Flanders | 2,906 m² | 1 · 171 m² | 8.3 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
BELECTRON
BE 0425.097.253
Pajottegem · Eq €344k
BRUTECH
BE 0470.479.890
Sint-Joost-ten-Node · Eq €346k
A.S.T.
BE 0420.855.185
Gent · Eq €340k
ELECTRO GROOTHANDEL LEKENS
BE 0428.697.735
Gent · Eq €347k
MEDIA-COM
BE 0421.433.425
Herve · Eq €348k
Of 1,510 companies in sector 47540 we hold annual accounts for 805. 643 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-09-1975
Fiscal year end31-12
Activities, NACEBEL
47540Retail sale of electrical household appliances
52450
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.