ACTIVE

DE WIT

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Financial year 2025 · closed on 31/12/2025

Net result

60,5 k €

+306.0% YoY

Gross margin

257,4 k €

+39.0% YoY

Equity

283,5 k €

+27.1% YoY

What does DE WIT do?

DE WIT is a Private limited company incorporated in 1992. Its main activity is: Retail sale of second-hand goods in stores. Its registered office is in Oostende.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0448.460.989

Incorporation

21/10/1992

Legal form

Private limited company

Registered office

Torhoutsesteenweg 475
8400 Oostende · FlandreSee on map

Latest accounts

31/12/2025

Activities (NACE)

47791Retail sale of second-hand goods in stores· main 47791Retail sale of second-hand goods in stores 52501Warehousing and support activities for transportation 46900Non-specialised wholesale trade 46900Non-specialised wholesale trade 51900Air transport

Joint committees (2)

1000
2010

Signals

ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	257,4 k €	+39.0%	185,2 k €	-51.6%	382,7 k €	+64.3%	233 k €	+3.1%	226,1 k €	+174%	82,4 k €	-54.5%	181,1 k €	+68.3%	107,6 k €	-41.8%	184,9 k €	-15.6%	219 k €	-34.8%	335,9 k €	+48.8%	225,7 k €	-19.5%	280,5 k €	+20.4%	233 k €	+65.5%	140,8 k €	-10.9%	157,9 k €	+27.6%	123,8 k €	-2.9%	127,4 k €	-39.9%	212,1 k €	+15.0%	184,4 k €
EBITDA	94,2 k €	+239%	27,8 k €	-87.5%	222,9 k €	+146%	90,5 k €	+22.2%	74 k €	+352%	-29,3 k €	-153%	55,2 k €	+298%	-27,9 k €	-145%	61,9 k €	-38.3%	100,2 k €	-51.8%	208 k €	+121%	94,2 k €	-43.4%	166,4 k €	+40.1%	118,8 k €	+189%	41 k €	-30.7%	59,2 k €	+83.9%	32,2 k €	+4171%	-791 €	-101%	87,2 k €	+43.3%	60,9 k €
Operating result	90,2 k €	+283%	23,6 k €	-89.3%	219,9 k €	+149%	88,4 k €	+25.2%	70,6 k €	+317%	-32,5 k €	-164%	50,8 k €	+250%	-33,9 k €	-160%	56,1 k €	-39.8%	93,3 k €	-53.5%	200,8 k €	+154%	78,9 k €	-47.2%	149,5 k €	+56.2%	95,7 k €	+392%	19,5 k €	-33.0%	29 k €	+6112%	-483 €	+98.4%	-30,9 k €	-153%	58,8 k €	+101%	29,3 k €
Net result	60,5 k €	+306%	14,9 k €	-89.9%	148,3 k €	+148%	59,7 k €	-5.3%	63,1 k €	+283%	-34,4 k €	-176%	45,4 k €	+226%	-36,1 k €	-201%	35,9 k €	-41.3%	61,1 k €	-53.4%	131,3 k €	+153%	51,8 k €	-18.9%	64 k €	-32.1%	94,2 k €	+488%	16 k €	-30.1%	22,9 k €	+676%	-4 k €	+88.1%	-33,4 k €	-204%	32,3 k €	+105%	15,8 k €
Balance sheet
Equity	283,5 k €	+27.1%	222,9 k €	-35.3%	344,4 k €	+75.6%	196,1 k €	+43.8%	136,3 k €	+33.4%	102,2 k €	-25.2%	136,6 k €	+34.3%	101,7 k €	-26.2%	137,8 k €	+0.3%	137,4 k €	-8.0%	149,3 k €	+8.2%	138 k €	-6.9%	148,2 k €	+2.7%	144,2 k €	+5.6%	136,6 k €	-14.1%	159 k €	-18.9%	196,1 k €	-2.0%	200,1 k €	-14.3%	233,5 k €	-28.4%	326,2 k €
Total assets	1 M €	+176%	367,6 k €	-67.8%	1,1 M €	+218%	359,6 k €	+13.5%	316,7 k €	+73.0%	183,1 k €	-60.2%	460,1 k €	+22.3%	376,2 k €	-34.0%	570,2 k €	-6.0%	606,6 k €	-19.5%	753,6 k €	+15.4%	652,9 k €	-8.7%	715,2 k €	+38.7%	515,8 k €	+19.2%	432,7 k €	-18.2%	529,1 k €	+2.2%	517,8 k €	-1.8%	527,4 k €	-24.3%	696,6 k €	-24.0%	916,2 k €
Cash	120,2 k €	+41.8%	84,7 k €	+58.0%	53,6 k €	-43.8%	95,4 k €	+17.6%	81,2 k €	+240%	23,9 k €	-81.2%	126,9 k €	+490%	21,5 k €	+159%	8,3 k €	-82.1%	46,3 k €	-72.9%	171 k €	+44.4%	118,4 k €	+11.0%	106,7 k €	+468%	18,8 k €	-67.3%	57,5 k €	+84.7%	31,1 k €	-68.9%	100,2 k €	-0.7%	100,8 k €	-16.1%	120,2 k €	+26.9%	94,7 k €
Debts	731,9 k €	+406%	144,7 k €	-81.9%	798,7 k €	+388%	163,5 k €	-9.3%	180,4 k €	+123%	80,9 k €	-75.0%	323,5 k €	+18.1%	273,9 k €	-36.5%	431,6 k €	-7.8%	468,2 k €	-22.4%	603,4 k €	+17.4%	513,9 k €	-9.2%	565,8 k €	+52.4%	371,3 k €	+25.5%	295,8 k €	-19.7%	368,5 k €	+14.9%	320,7 k €	-1.7%	326,3 k €	-29.5%	462,7 k €	-20.5%	581,8 k €
Other
Workforce	–		–		–		–		5,1 ETP	+2.0%	5,0 ETP	-21.9%	6,4 ETP		–		–		4,2 ETP	+2.4%	4,1 ETP	+7.9%	3,8 ETP	-24.0%	5,0 ETP	+25.0%	4,0 ETP	+29.0%	3,1 ETP	+3.3%	3,0 ETP	0.0%	3,0 ETP	-36.2%	4,7 ETP	+6.8%	4,4 ETP	+2.3%	4,3 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 10 ended

Active mandates

Eric Vanden Abeele

Administrator - manager

Active

Mario Moortgat

Director

Active

Tina Moortgat

Director

Active

Ended mandates

Robert Moortgat

Director · since 02 juin 2009

Ended

Eric-Ernest-Gaston Vanden Abeele

Managing director · since 21 octobre 1992

Ended

Mario-Denis-Isidoor Moortgat

Director · since 21 octobre 1992

Ended

Tina-Magdalena-oberta Moortgat

Director · since 21 octobre 1992

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	27/08/2026	09/09/2025	03/07/2024	03/07/2023	31/08/2022	31/08/2021
General meeting	27/06/2026	30/06/2025	03/06/2024	05/06/2023	30/06/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	27/06/2026	27/08/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	09/09/2025	Dutch	PDF
Micro model	31/12/2023	03/06/2024	03/07/2024	Dutch	PDF
Micro model	31/12/2022	05/06/2023	03/07/2023	Dutch	PDF
Abridged model	31/12/2021	30/06/2022	31/08/2022	Dutch	PDF
Abridged model	31/12/2020	30/06/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	30/06/2020	31/08/2020	Dutch	PDF
Abridged model	31/12/2018	03/06/2019	25/07/2019	Dutch	PDF
Abridged model	31/12/2017	04/06/2018	20/06/2018	Dutch	PDF
Abridged model	31/12/2016	05/06/2017	13/06/2017	Dutch	PDF
Abridged model	31/12/2015	06/06/2016	29/07/2016	Dutch	PDF
Abridged model	31/12/2014	01/06/2015	27/08/2015	Dutch	PDF
Abridged model	31/12/2013	02/06/2014	25/08/2014	Dutch	PDF
Abridged model	31/12/2012	03/06/2013	16/07/2013	Dutch	PDF
Abridged model	31/12/2011	04/06/2012	07/06/2012	Dutch	PDF
Abridged model	31/12/2010	06/06/2011	23/06/2011	Dutch	PDF
Abridged model	31/12/2009	07/06/2010	26/08/2010	Dutch	PDF
Abridged model	31/12/2008	02/06/2009	02/06/2009	Dutch	PDF
Abridged model	31/12/2007	02/06/2008	10/06/2008	Dutch	PDF
Abridged model	31/12/2006	04/06/2007	06/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 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 · 3 active · 10 ended

Active mandates

Eric Vanden Abeele

Administrator - manager

Active

Mario Moortgat

Director

Active

Tina Moortgat

Director

Active

Ended mandates

Robert Moortgat

Director · since 02 juin 2009

Ended

Eric-Ernest-Gaston Vanden Abeele

Managing director · since 21 octobre 1992

Ended

Mario-Denis-Isidoor Moortgat

Director · since 21 octobre 1992

Ended

Tina-Magdalena-oberta Moortgat

Director · since 21 octobre 1992

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates29/04/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates17/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates21/03/2016
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/09/2009
ONTSLAGEN - BENOEMINGEN
PDF
Mandates05/02/2004
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

2025
Annual accounts 202560,5 k €↑
2024
Annual accounts 202414,9 k €↓
2023
Annual accounts 2023148,3 k €↑
2022
Annual accounts 202259,7 k €↓
2021
Annual accounts 202163,1 k €↑
2020
Annual accounts 2020-34,4 k €↓
2019
Annual accounts 201945,4 k €↑
2018
Annual accounts 2018-36,1 k €↓
2017
Annual accounts 201735,9 k €↓
2016
Annual accounts 201661,1 k €↓
2015
Annual accounts 2015131,3 k €↑
2014
Annual accounts 201451,8 k €↓
2013
Annual accounts 201364 k €↓
2012
Annual accounts 201294,2 k €↑
2011
Annual accounts 201116 k €↓
2010
Annual accounts 201022,9 k €↑
2009
Annual accounts 2009-4 k €↑
2008
Annual accounts 2008-33,4 k €↓
2007
Annual accounts 200732,3 k €↑
2006
Annual accounts 200615,8 k €
21/10/1992
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

DE WIT

Overview

What does DE WIT do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline