What does DE WITTE-VANDECAVEYE do?

DE WITTE-VANDECAVEYE is an electrical contractor in Wingene. Private Limited, started on 28 December 1983, 3 establishments.

What is the address of DE WITTE-VANDECAVEYE?

The registered office of DE WITTE-VANDECAVEYE is located at Verrekijker 44, 8750 Wingene.

Is DE WITTE-VANDECAVEYE still active?

Yes. According to the CBE (29 October 2026) DE WITTE-VANDECAVEYE is active, legal situation “Normale toestand”, started on 28 December 1983.

Is DE WITTE-VANDECAVEYE registered on Peppol?

Yes, DE WITTE-VANDECAVEYE is registered on the Peppol network with ID 0208:0425283929.

What is the enterprise number of DE WITTE-VANDECAVEYE?

The enterprise number of DE WITTE-VANDECAVEYE is BE0425283929.

When was DE WITTE-VANDECAVEYE founded?

DE WITTE-VANDECAVEYE was founded on 28 December 1983.

Who are the directors of DE WITTE-VANDECAVEYE?

According to the 2025 annual accounts, the directors of DE WITTE-VANDECAVEYE are: DE WITTE – VERHELST NV, JAN & PAUL PROJECTS BV, VERHELST GROUP BV.

Is DE WITTE-VANDECAVEYE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 28 December 1983; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account; 3 establishments in the CBE.

How much profit did DE WITTE-VANDECAVEYE make in 2025?

DE WITTE-VANDECAVEYE posted a profit after taxes of € 1,022,682 in financial year 2025.

What is the revenue of DE WITTE-VANDECAVEYE?

In its most recent annual accounts (2025), DE WITTE-VANDECAVEYE reported revenue of € 42,936,040.

How much does an employee at DE WITTE-VANDECAVEYE earn?

The average wage cost per full-time employee at DE WITTE-VANDECAVEYE was € 88,200 in 2025: staff costs of € 10.8 million for 122.6 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does DE WITTE-VANDECAVEYE have?

According to the 2025 annual accounts, DE WITTE-VANDECAVEYE has 122.6 full-time equivalents (FTE).

DE WITTE-VANDECAVEYE (Private Limited) - Wingene

Dossier DE WITTE-VANDECAVEYE, printed on 29 October 2026 from databakkes.be/en/0425283929/de-witte-vandecaveye. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

DE WITTE-VANDECAVEYE from Wingene, company number BE0425283929, closed financial year 2025 with a result of € 1 million after tax. For that financial year DE WITTE-VANDECAVEYE recorded revenue of € 42.9 million and equity of € 19 million. Compared with financial year 2024, the result moved from € 782,505 to € 1 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.

What it is worth Growing

€ 19 million

▲ 5% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 1 million

▲ 31% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 407,178

▲ 63% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 18.7 million.

People and assets in 2025

Full-time equivalents

122.6

▲ 17.7 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost Staff costs are payroll only. Director pay sits with services and miscellaneous goods: € 7.7 million in 2025, together with rent, insurance, accountants and other services. The accounts do not split that further.

€ 10.8 million

▲ 22% vs 2024

€ 88,200 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 4 million

▲ 3% vs 2024

Of which on lease € 3.4 million.

Debts at end 2025

Bank debt ≈ 2 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 10.5 million

▲ 52% vs 2024

€ 2.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.

Owed to suppliers

€ 6.9 million

▲ 77% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 87 days on average.

Taxes and wages

€ 1.2 million

▲ 41% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Revenue	€ 25,338,122 Revenue 2022: € 25,338,122 First fiscal year in the series	€ 27,460,119 Revenue 2023: € 27,460,119 ▲ 8% vs 2022 (€ 25,338,122) Favourable step	€ 30,942,774 Revenue 2024: € 30,942,774 ▲ 13% vs 2023 (€ 27,460,119) Favourable step	€ 42,936,040 Revenue 2025: € 42,936,040 ▲ 39% vs 2024 (€ 30,942,774) Favourable step	▲ 39%
Profit after taxes	€ 874,171 Profit after taxes 2022: € 874,171 First fiscal year in the series	€ -935,684 Profit after taxes 2023: € -935,684 ▼ € 1.8 million vs 2022 (€ 874,171) Unfavourable step	€ 782,505 Profit after taxes 2024: € 782,505 ▲ € 1.7 million vs 2023 (€ -935,684) Favourable step	€ 1,022,682 Profit after taxes 2025: € 1,022,682 ▲ 31% vs 2024 (€ 782,505) Favourable step	▲ 31%
Equity	€ 18,446,438 Equity 2022: € 18,446,438 First fiscal year in the series	€ 17,363,063 Equity 2023: € 17,363,063 ▼ 6% vs 2022 (€ 18,446,438) Unfavourable step	€ 18,033,104 Equity 2024: € 18,033,104 ▲ 4% vs 2023 (€ 17,363,063) Favourable step	€ 18,964,980 Equity 2025: € 18,964,980 ▲ 5% vs 2024 (€ 18,033,104) Favourable step	▲ 5%
Total debts	€ 12,333,757 Total debts 2022: € 12,333,757 First fiscal year in the series	€ 10,558,785 Total debts 2023: € 10,558,785 ▼ 14% vs 2022 (€ 12,333,757) Favourable step	€ 12,248,701 Total debts 2024: € 12,248,701 ▲ 16% vs 2023 (€ 10,558,785) Unfavourable step	€ 19,172,168 Total debts 2025: € 19,172,168 ▲ 57% vs 2024 (€ 12,248,701) Unfavourable step	▲ 57%
Cash	€ 813,101 Cash 2022: € 813,101 First fiscal year in the series	€ 2,095,140 Cash 2023: € 2,095,140 ▲ 158% vs 2022 (€ 813,101) Favourable step	€ 249,302 Cash 2024: € 249,302 ▼ 88% vs 2023 (€ 2,095,140) Unfavourable step	€ 407,178 Cash 2025: € 407,178 ▲ 63% vs 2024 (€ 249,302) Favourable step	▲ 63%
Land & buildings	€ 83,631 Land & buildings 2022: € 83,631 First fiscal year in the series	€ 70,465 Land & buildings 2023: € 70,465 ▼ 16% vs 2022 (€ 83,631) Unchanged	€ 57,456 Land & buildings 2024: € 57,456 ▼ 18% vs 2023 (€ 70,465) Unchanged	€ 44,448 Land & buildings 2025: € 44,448 ▼ 23% vs 2024 (€ 57,456) Unchanged	▼ 23%
Retained profit	€ 17,862,669 Retained profit 2022: € 17,862,669 First fiscal year in the series	€ 16,926,985 Retained profit 2023: € 16,926,985 ▼ 5% vs 2022 (€ 17,862,669) Unfavourable step	€ 17,709,490 Retained profit 2024: € 17,709,490 ▲ 5% vs 2023 (€ 16,926,985) Favourable step	€ 18,732,171 Retained profit 2025: € 18,732,171 ▲ 6% vs 2024 (€ 17,709,490) Favourable step	▲ 6%
Bank debt	€ 7,104,344 Bank debt 2022: € 7,104,344 First fiscal year in the series	€ 5,979,107 Bank debt 2023: € 5,979,107 ▼ 16% vs 2022 (€ 7,104,344) Favourable step	€ 6,882,433 Bank debt 2024: € 6,882,433 ▲ 15% vs 2023 (€ 5,979,107) Unfavourable step	€ 10,481,355 Bank debt 2025: € 10,481,355 ▲ 52% vs 2024 (€ 6,882,433) Unfavourable step	▲ 52%
Balance sheet total	€ 30,780,195 Balance sheet total 2022: € 30,780,195 First fiscal year in the series	€ 27,921,848 Balance sheet total 2023: € 27,921,848 ▼ 9% vs 2022 (€ 30,780,195) Unchanged	€ 30,281,805 Balance sheet total 2024: € 30,281,805 ▲ 8% vs 2023 (€ 27,921,848) Unchanged	€ 38,137,149 Balance sheet total 2025: € 38,137,149 ▲ 26% vs 2024 (€ 30,281,805) Unchanged	▲ 26%
Employees (FTE)	79.6 Employees (FTE) 2022: 79.6 First fiscal year in the series	88.8 Employees (FTE) 2023: 88.8 ▲ 9.2 vs 2022 (79.6) Unchanged	104.9 Employees (FTE) 2024: 104.9 ▲ 16.1 vs 2023 (88.8) Unchanged	122.6 Employees (FTE) 2025: 122.6 ▲ 17.7 vs 2024 (104.9) Unchanged	▲ 17.7

Key figures of DE WITTE-VANDECAVEYE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to DE WITTE-VANDECAVEYE?

What happened at DE WITTE-VANDECAVEYE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 DE WITTE – VERHELST NV stepped down as director. NBB
2029 JAN & PAUL PROJECTS BV stepped down as director. NBB
2029 VERHELST GROUP BV stepped down as director. NBB
Jul 23, 2026 New annual accounts for financial year 2025: profit of € 1 million (▲ 31% vs 2024). Source: NBB ↗
Jun 10, 2025 New establishment in Saint-Ghislain. KBO
2023 DE WITTE – VERHELST NV became a director. NBB
2023 JAN & PAUL PROJECTS BV became a director. NBB
2023 VERHELST GROUP BV became a director. NBB

In short

From € 874,171 profit in 2022 to € 1 million profit in 2025.

Paid € 547,033 in corporate taxes since 2022.

Best year ever: 2025, with € 1 million profit.

Pays suppliers within 87 days on average.

Original PDFs at the National Bank ↗

Management

DE WITTE – VERHELST 100%

DE WITTE-VANDECAVEYE

The shares are held by DE WITTE – VERHELST (100%).

Directors

According to the 2025 annual accounts

DE WITTE – VERHELST NV

Director · represented by Bert De Witte

Also active at: Jamiber

since 2023 · until 2029

JAN & PAUL PROJECTS BV

Managing director · represented by Jan De Witte

Owns 26.7% via DE WITTE – VERHELST

Also active at: DE WITTE – VERHELST

since 2023 · until 2029

VERHELST GROUP BV

Director · represented by Johan Verhelst

Also active at: VERHELST AANNEMINGEN, Steenbakkerij van Snaaskerke, Top-Mix, Transport Janssens, Verhelst Immo, EUROPEAN PORT SERVICES, OPC EUROPE, White Field Development +11 more

since 2023 · until 2029

Shareholders

DE WITTE – VERHELST · holding of JAN & PAUL PROJECTS BV

100%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Verrekijker 44

8750 Wingene

2.228.776.819

Tieltsteenweg 19

8750 Wingene

Active since 1 August 2009

2.375.176.840

Rue des Roseaux(B) /

7331 Saint-Ghislain

Active since 10 June 2025

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.

All companies at this address →

Jamiber same network

€ 490,104 gross margin · 2025

TM Ledeberg

TM TR ROK Mechelen

TM Cluysenaar 1855

DE WITTE – VERHELST same network

€ 708,983 revenue · 2025

+2 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0425.283.929

VAT number

BE 0425.283.929

Registered office

Verrekijker 44, 8750 Wingene

Names & denominations

DE WITTE-VANDECAVEYE

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

28 December 1983

Peppol

Active · Active since 1 Jul 2025

Activities · NACE

Algemene elektrotechnische installatiewerken

Elektrische installatie

Bouw van boven- en ondergrondse spoorwegen

Bouwrijp maken van terreinen

Bouw van bruggen en tunnels

Installatie van industriële machines, toestellen en werktuigen

View on CBE Public ↗ Annual accounts (NBB) ↗

DE WITTE-VANDECAVEYE

Financials

What happened to DE WITTE-VANDECAVEYE?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions