ACTIVE

De Witte

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Financial year 2025 · closed on 31/12/2025
Net result
1,5 M €
+23.1% YoY
Gross margin
3,2 M €
+28.4% YoY
Equity
4,4 M €
+53.2% YoY
Workforce
22,3 ETP
+19.3% YoY

What does De Witte do?

De Witte is a Public limited company incorporated in 1989. Its main activity is: Wholesale of china and glassware and cleaning materials. Its registered office is in Sint-Gillis-Waas. It employs on average 22,3 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0438.273.615
Incorporation
09/08/1989
Legal form
Public limited company
Registered office
Kluizenmeersen(SGW) 7
9170 Sint-Gillis-Waas · FlandreSee on map
Contributed capital
63 750,00 €
Latest accounts
31/12/2025
Average workforce
22,3 ETP
Activities (NACE)
46442Wholesale of china and glassware and cleaning materials· main46442Wholesale of china and glassware and cleaning materials46649Wholesale of machinery for the textile industry and of sewing and knitting machines46699Wholesale of other machinery and equipment51872Air transport
Joint committees (4)
  • 149
  • 14904
  • 200
  • 218
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20252024202320222021202020192018201720162015201420132012201120102009200820072006
Income statement
Gross margin3,2 M €2,5 M €2,9 M €2,1 M €2,5 M €3,4 M €2,2 M €2,2 M €2,1 M €2 M €1,7 M €1,6 M €1,5 M €1,1 M €987,7 k €877,6 k €766 k €740,1 k €630,8 k €468,4 k €
EBITDA2,1 M €1,6 M €2,1 M €1,3 M €1,7 M €2,7 M €1,5 M €1,6 M €1,5 M €1,5 M €1,3 M €1,3 M €1,2 M €817,2 k €732,9 k €659,1 k €520,3 k €631,3 k €538,3 k €391,9 k €
Operating result2 M €1,5 M €2 M €1,3 M €1,6 M €2,7 M €1,5 M €1,6 M €1,4 M €1,5 M €1,3 M €1,2 M €1,1 M €798,4 k €696,6 k €620,8 k €480,2 k €587,5 k €505,1 k €354,7 k €
Net result1,5 M €1,2 M €1,4 M €894,8 k €1,2 M €2 M €1 M €1,1 M €877,1 k €895,1 k €782,4 k €760,4 k €717,7 k €525,6 k €496,6 k €462,1 k €376,8 k €436,3 k €365,5 k €253,2 k €
Balance sheet
Equity4,4 M €2,9 M €2,9 M €1,5 M €3,5 M €2,3 M €2,3 M €1,2 M €1,2 M €360,4 k €355,3 k €322,9 k €762,5 k €744,8 k €819,1 k €1,8 M €1,4 M €1,8 M €1,4 M €1 M €
Total assets7,9 M €6,4 M €6,9 M €6 M €6 M €6,3 M €4,8 M €4,3 M €4 M €3,2 M €2,7 M €2,5 M €2,2 M €2,3 M €2,7 M €2 M €2,4 M €1,9 M €1,6 M €1,2 M €
Cash1,6 M €496 k €565,8 k €777,5 k €1,4 M €1,7 M €1,2 M €1,1 M €804,8 k €740,6 k €581,9 k €229,9 k €321,7 k €186,9 k €457,1 k €952,1 k €239,3 k €345,6 k €222,9 k €156,1 k €
Debts3,5 M €3,5 M €4,1 M €4,5 M €2,5 M €4,1 M €2,5 M €3 M €2,8 M €2,8 M €2,4 M €2,2 M €1,5 M €1,6 M €1,8 M €129,9 k €1,1 M €48,4 k €182,5 k €165,6 k €
Other
Workforce22,3 ETP18,7 ETP15,2 ETP16,4 ETP15,3 ETP13,8 ETP13,7 ETP13,0 ETP12,3 ETP9,4 ETP8,9 ETP8,7 ETP8,5 ETP5,4 ETP3,8 ETP5,0 ETP5,2 ETP2,7 ETP2,2 ETP1,9 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 15 ended

Active mandates

Lautus Equipment

Director · since 29 septembre 2021 · until 25 juin 2027 · 0632.952.813

Represented by Wout DE WITTE

Active
WIT-TECH

Managing director · since 29 septembre 2021 · until 25 juin 2027 · 0884.678.503

Represented by Dirk DE WITTE

Active

Ended mandates

WIT-TECH

Managing director · since 29 septembre 2021 · until 25 juin 2027 · 0884.678.503

Represented by Dirk DE WITTE

Ended
Lautus Equipment

Director · since 31 décembre 2019 · until 25 juin 2025 · 0632.952.813

Represented by Wout DE WITTE

Ended
WIT-TECH

Managing director · since 31 décembre 2019 · until 25 juin 2025 · 0884.678.503

Represented by Dirk DE WITTE

Ended
Dirk DE WITTE

Managing director · since 01 septembre 2017 · until 31 août 2023

Ended
At this address

Other companies at this address

CompanyCBE no.
DE WITTE BTW-EENHEID● Active
0845.991.834
WIT-TECH● Active
0884.678.503
Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date26/06/202627/06/202527/06/202427/06/202328/06/202208/07/2021
General meeting25/06/202625/06/202525/06/202425/06/202325/06/202225/06/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202525/06/202626/06/2026DutchPDF
Abridged model31/12/202425/06/202527/06/2025DutchPDF
Abridged model31/12/202325/06/202427/06/2024DutchPDF
Abridged model31/12/202225/06/202327/06/2023DutchPDF
Abridged model31/12/202125/06/202228/06/2022DutchPDF
Abridged model31/12/202025/06/202108/07/2021DutchPDF
Abridged model31/12/201925/06/202030/06/2020DutchPDF
Abridged model31/12/201825/06/201908/07/2019DutchPDF
Abridged model31/12/201725/06/201812/07/2018DutchPDF
Abridged model31/12/201625/06/201713/07/2017DutchPDF
Abridged model31/12/201525/06/201614/07/2016DutchPDF
Abridged model31/12/201425/06/201530/06/2015DutchPDF
Abridged model31/12/201325/06/201411/07/2014DutchPDF
Abridged model31/12/201225/06/201323/07/2013DutchPDF
Abridged model31/12/201125/06/201219/07/2012DutchPDF
Abridged model31/12/201025/06/201119/07/2011DutchPDF
Abridged model31/12/200925/06/201006/07/2010DutchPDF
Abridged model31/12/200825/06/200929/06/2009DutchPDF
Abridged model31/12/200725/06/200824/07/2008DutchPDF
Abridged model31/12/200625/06/200706/07/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 15 ended

Active mandates

Lautus Equipment

Director · since 29 septembre 2021 · until 25 juin 2027 · 0632.952.813

Represented by Wout DE WITTE

Active
WIT-TECH

Managing director · since 29 septembre 2021 · until 25 juin 2027 · 0884.678.503

Represented by Dirk DE WITTE

Active

Ended mandates

WIT-TECH

Managing director · since 29 septembre 2021 · until 25 juin 2027 · 0884.678.503

Represented by Dirk DE WITTE

Ended
Lautus Equipment

Director · since 31 décembre 2019 · until 25 juin 2025 · 0632.952.813

Represented by Wout DE WITTE

Ended
WIT-TECH

Managing director · since 31 décembre 2019 · until 25 juin 2025 · 0884.678.503

Represented by Dirk DE WITTE

Ended
Dirk DE WITTE

Managing director · since 01 septembre 2017 · until 31 août 2023

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates11/10/2021
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/01/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/10/2017
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office02/04/2014
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates08/08/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/02/2010
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/12/2008
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/01/2007
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 20251,5 M €↑
  2. 2024
    Annual accounts 20241,2 M €↓
  3. 2023
    Annual accounts 20231,4 M €↑
  4. 2022
    Annual accounts 2022894,8 k €↓
  5. 2021
    Annual accounts 20211,2 M €↓
  6. 2020
    Annual accounts 20202 M €↑
  7. 2019
    Annual accounts 20191 M €↓
  8. 2018
    Annual accounts 20181,1 M €↑
  9. 2017
    Annual accounts 2017877,1 k €↓
  10. 2016
    Annual accounts 2016895,1 k €↑
  11. 2015
    Annual accounts 2015782,4 k €↑
  12. 2014
    Annual accounts 2014760,4 k €↑
  13. 2013
    Annual accounts 2013717,7 k €↑
  14. 2012
    Annual accounts 2012525,6 k €↑
  15. 2011
    Annual accounts 2011496,6 k €↑
  16. 2010
    Annual accounts 2010462,1 k €↑
  17. 2009
    Annual accounts 2009376,8 k €↓
  18. 2008
    Annual accounts 2008436,3 k €↑
  19. 2007
    Annual accounts 2007365,5 k €↑
  20. 2006
    Annual accounts 2006253,2 k €
  21. 09/08/1989
    IncorporationPublic limited company