Equity
€558 from €112,540 in 2019
Equity fell by 100% in 6 years.
AstroWinner
Lifetime
16 annual accounts with figures on one time axispeak €52,112 (2011)
-€7,391▼ €5,900
lowest -€41,137 (2023)
-€21,803▼ €5,651
peak €112,540 (2019)
€558▼ 97.5%
€411,038▼ 14.2%
Board1 name since 2022
1 directorLegein Ludo
Documentsfilings and deeds
29-12-202533 days before the deadline
2025micro format
Gross margin from -€1,492 to -€7,391Loss of €21,803Equity from €22,361 to €558Cash from €244,278 to €139,576
Key points
from the 2025 annual accountsLosses
-€107,307 in four years
Every financial year from 2022 to 2025 closed with a loss. 2023 was the heaviest.
Debts
€411,038 100% of the balance sheet
Suppliers 0%Taxes and wages 0%Other 100%
Turnover not published (micro format)
Checked score
53
Fair
Financially stronger than 15% of micro companies in education (NACE 85)
Probability in this band: 1.5% to 4.2%
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 3,825 companies (NACE 85, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025lowest value
06-2025: 0.1%● unchanged vs 05-2025lowest value
07-2025: 0.1%● unchanged vs 06-2025lowest value
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026highest value
09-2026: 0.1%● unchanged vs 08-2026highest value
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthWeak
Score breakdown
raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Equity €558 (0.1% of total assets)
Loss of €21,803, the second in a row (financial year 2025)
lowers risk
Size: total assets €411,596
Sector: Education (NACE 85)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 85, micro). It does better than 16% of them on solvency, 23% on liquidity, 18% on profitability and 5% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 1,037 companies had the same profile as AstroWinner has now. Each dot stands for 3 companies, two years later.
93.7%
were still trading
2.9%
stopped another way
2.9%
went bankrupt
Another 0.5% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of AstroWinner itself is lower: 0.1% within 12 months. It rests on far more data about AstroWinner than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,037 companies, not a prediction for AstroWinner. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No publishable credit limit, so credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.92 (0.97 in 2024), below 1. Short-term debt is 99.9% and cash 33.9% of total assets. 99.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€21,803
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 2612 sector peers (2025).
NBB · sector comparisonPosition among 2612 sector peers
Solvency
better than 17%
← weakest
strongest →
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 29-12-2025, 33 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
33 days early
2024
23 days early
2023
29 days early
2022
35 days early
2021
17 days early
2020
23 days early
2019
32 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 27 days before the deadline. In the sector (NACE 85), the median for financial year 2024 was 16 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 2 January (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end10-11-2026 today31-01-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0818566568
First establishment
Merksemsebaan 104, Wijnegem
Incorporation
published on 25-09-2009 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| AstroWinner Wijnegem | €411,596 | -€7,391 | 0.1% | - |
| LeA Uitgevers Ixelles | €403,766 | -€15,836 | -121.8% | 0.7 |
| DE MALLE KOKS Genk | €369,916 | -€80,787 | -95.1% | - |
| WILAUW Aalst | €311,758 | -€12,575 | 78.6% | - |
| PETER dE GROOT Antwerp | €340,355 | -€25,383 | 94.9% | - |
| Y.C.I. MEME Aubel | €280,505 | -€956 | 94.5% | - |
| ACCES CIBLE Forest | €281,825 | -€42,457 | 62.9% | - |
These companies have the same main activity as AstroWinner: other education (NACE 85599). They are comparable in size and age: total assets between €281,000 and €404,000, founded between 2004 and 2011.
Official details
Source: KBO- Status
- Active since 16-09-2009Normal situation
- Activity
- Other educationNACE 85599and 3 others
- Establishment unit
- 2.182.595.7132110 Wijnegem, since 01-01-2010
- Financial year end
- 30 June
- Peppol
- Reachable since 10-02-2026
Annual accounts to 30-06-2025
- €411,596▼ 17.9%
- ≈ 0 FTEestimated
- Filing
- Filed on 29-12-2025, 33 days before the end of the filing period
Insights on AstroWinner
AstroWinner files the micro format. That format states no turnover. The gross margin fell from -€1,436 in 2010 to -€7,391 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about AstroWinner
- What is the company number of AstroWinner?
- The company number of AstroWinner is 0818.566.568. The VAT number is the same number with BE in front: BE 0818.566.568.
- Where is AstroWinner based?
- The registered office is at Merksemsebaan 104, 2110 Wijnegem.Company details
- What does AstroWinner do?
- According to the KBO register, the main activity is other education (NACE 85599).
- What is the legal form of AstroWinner?
- AstroWinner is a private limited company (pre-2019) (BVBA).
- When was AstroWinner founded?
- AstroWinner was founded on 16-09-2009.
- Is AstroWinner still active?
- Yes, AstroWinner is an active enterprise in the KBO register.
- What is the turnover of AstroWinner?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is AstroWinner profitable?
- In financial year 2025, AstroWinner made a loss of €21,803.
- Where can I find the annual accounts of AstroWinner?
- AstroWinner filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of AstroWinner due?
- AstroWinner must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
Next steps
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