Lederwaren De Wit
ActiveLederwaren De Wit has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €173k and a net result of €-268k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 34% of 18016 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2025
5
/ 100
Critical▼ -12 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency20▼-4
Growth52=
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.93 against 1.14 in 2024), and 84.8% 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.
+raises risk○neutral
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 →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
15.2%
Return on assets
-23.5%
Age of the figures
14 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 13-11-2025, 79 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
79 d early
2024
19 d late
2023
112 d early
2022
64 d early
2021
83 d early
2020
97 d early
2019
67 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close14-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€173k▲ 22.8%
2024 · €141k
2019: €10k
2020: €457k
2021: €619k
2022: €574k
2023: €392k
2024: €141k
2019 → 2025
Total assets
€1.14M▲ 18.9%
2024 · €958k
2019: €705k
2020: €752k
2021: €926k
2022: €863k
2023: €872k
2024: €958k
2019 → 2025
Net result
€-268k▼ 6.9%
2024 · €-251k
2019: €-158k
2020: €-127k
2021: €-188k
2022: €-45k
2023: €-182k
2024: €-251k
2019 → 2025
Working capital
€-68k
2024 · €116k
2019: €425k
2020: €400k
2021: €600k
2022: €567k
2023: €362k
2024: €116k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€619k-€574k▼ 7.2%€392k▼ 31.8%€141k▼ 64.0%€173k▲ 22.8%
Operating result€-199k-€-47k▲ 76.6%€-184k▼ 294%€-240k▼ 30.7%€-258k▼ 7.3%
Net result€-188k-€-45k▲ 76.3%€-182k▼ 309%€-251k▼ 37.3%€-268k▼ 6.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €258k in 2025 against €240k in 2024; the loss grows and 2025 is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.14M
Fixed assets
€246k▲ 893%
Current assets
€893k▼ 4.4%
Equity and liabilities €1.14M
Equity
€173k▲ 22.8%
Debt
€966k▲ 18.2%
The debt ratio falls from 85.3% to 84.8%: equity grows faster than debt.
Key figures and ratios
EBITDA
€-243k▼
2024 · €-232k
Cash flow
€-253k▼
2024 · €-243k
Solvency
15.2%▲
2024 · 14.7%
Current ratio
0.93▼
2024 · 1.14
Quick ratio
0.04▼
2024 · 0.17
Debt / equity
5.58▼
2024 · 5.79
ROE
-154.7%▲
2024 · -177.7%
ROA
-23.5%▲
2024 · -26.2%
Interest coverage
-12.81▼
2024 · -10.86
Debt
€966k▲
2024 · €817k
Debt ≤ 1 year
€961k▲
2024 · €817k
Income taxes
€73▼
2024 · €275
Staff costs
€185k▲
2024 · €185k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€958k€1.14M▲
Fixed assets21/28€25k€246k▲
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€25k€245k▲
Plant, machinery and equipment23€3k€29k▲
Furniture and vehicles24€19k€14k▼
Other tangible fixed assets26€2k€202k▲
Financial fixed assets28-€1k
Current assets29/58€933k€893k▼
Stocks and contracts in progress3€795k€851k▲
Stocks30/36€795k€851k▲
Amounts receivable within one year40/41€11k€17k▲
Trade receivables40€8k€11k▲
Other amounts receivable41€4k€6k▲
Cash at bank and in hand54/58€127k€24k▼
Equity and liabilities
Total equity and liabilities10/49€958k€1.14M▲
Equity10/15€141k€173k▲
Contributions10/11€1.35M€1.65M▲
Reserves13€46€46=
Tax-exempt reserves132€46€46=
Profit (loss) carried forward14€-1.21M€-1.48M▼
Amounts payable17/49€817k€966k▲
Amounts payable within one year42/48€817k€961k▲
Financial debts43-€127k
Credit institutions430/8-€127k
Trade debts44€20k€17k▼
Suppliers440/4€20k€17k▼
Taxes, remuneration and social security45€63k€60k▼
Taxes450/3€31k€29k▼
Remuneration and social security454/9€33k€31k▼
Other amounts payable47/48€733k€757k▲
Accrued charges and deferred income492/3-€5k
Income statement
Code20242025
Remuneration, social security and pensions62€185k€185k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€15k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€-45k€-55k▼
Operating profit (loss)9901€-240k€-258k▼
Financial income75/76B€11k€9k▼
Recurring financial income75€11k€9k▼
Financial charges65/66B€21k€19k▼
Recurring financial charges65€21k€19k▼
Profit (loss) for the period before taxes9903€-250k€-268k▼
Income taxes67/77€275€73▼
Profit (loss) for the period9904€-251k€-268k▼
Profit (loss) for the period to be appropriated9905€-251k€-268k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-1.21M€-1.48M▼
Profit (loss) brought forward from the previous period14P€-958k€-1.21M▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
13-11
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Weakest financial yearnet €-268k
Net result drops to €-268k, the lowest in the series.
30-06
Financial
Equity above €150kEq €173k ▲22.8%
Equity rises from €141k to €173k.
19-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 19 days late
2023
11-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
28-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
09-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
30-06
Financial
Equity above €500kEq €619k ▲35.5%
Equity rises from €457k to €619k.
2020
26-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-06
Financial
Equity above €200kEq €457k ▲4351%
Equity rises from €10k to €457k.
2019
25-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
09-11
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Aalst · 1 establishment unit since 2016
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.
Roeveld 10-129320 AalstGround area
2,758 m²
Parcel 41014A2029/02F000, Flanders. Linked by address, not a title deed.
1 establishment unit
Lederwaren De Wit
since 20162.258.115.656
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41014A2029/02F000 | Flanders | 2,758 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 1,050 EUR awarded · 1,050 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,050 EUR | 1,050 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 410 companies in sector 47722 we hold annual accounts for 165. 126 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-10-2016
Fiscal year end30-06
Activities, NACEBEL
47722Retail trade
46423Wholesale of clothing, excluding workwear and underwear
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@lederwarendewit.be