Winamp Group

Judicial reorganisation

Public limited companyfounded 200125 years activeLennikse Baan 451, 1070 Anderlecht, BelgiumKBO/BCE: BE 0473.699.203

Summary

The file of Winamp Group contains 1 judicial reorganisation, as published in the Belgian State Gazette. During the judicial reorganisation Checked does not compute a bankruptcy probability from the figures: of the Belgian companies that opened one in 2023 and 2024, about one in four went bankrupt within twelve months. The 2025 annual accounts show equity of €19.3m and a net result of -€1.5m. Equity is shrinking by ~5.6% per year across the filed fiscal years. Its solvency ranks better than 63% of 205 sector peers (NACE 18, fiscal year 2025).

Risk analysisWatch Report Compare

Winamp GroupJudicial reorganisationChecked score 24/100

Risk analysis Report Compare

Are you a creditor?

Judicial reorganisation Source: Belgian Official Gazette

Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.

The procedure

Court: French-language Enterprise Court of Brussels
Opened: 17 May 2023
Track: Reorganisation by collective agreement
Docket number: 20230042
Moratorium until: 13 September 2023 (passed; an extension would be in a later judgment)
Creditors' vote: 6 September 2023
Delegated judge: Reginald D’Hoop De Synghem
Official Gazette: 25-05-2023 (pdf) ↗search the document for 2023/120424

What to do now

Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
Check the amount the company lists you for: it has to tell you. If it is wrong, dispute it in writing.
The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
The file is in RegSol, where you can read the documents of the procedure.

Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette. The date of the vote on the plan is in the judgment and in RegSol.

View the file in RegSol ↗ Watch Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.

General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company

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Activity

Printing and reproduction of recorded media

NACE 18200

#2 company by total assets in the Brussels-Capital Region, Printing sector1 site

Size

€0turnover 2025

Equity: €19.3m
Loss: -€1.5m

Standalone figures, without subsidiaries

Financial health

24 Critical Checked score 2025

Reorganisation running: about 1 in 4 bankrupt within the year

Structure

Largest shareholder: MAXXIMUM · 28.19%
Holdings: 1

Joannes van de KimmenadeDirector

Accounts 32 days early4 of 46 deeds read

Why 24- Persistent losses- In judicial reorganisationLatest accounts filed on timeShow the evidence

Checked score

Score 2025

24 / 100

Critical

Without a bankruptcy probability: score from the figures alone

An ongoing judicial reorganisation from the Belgian State Gazette caps the score at 24. Every signal that weighs is under Signals.

Financial strength · tick = 2024

Average

Solvency 82-3

equity 57.0% of total assets

Liquidity 42-8

short-term debt 22.1% · cash 0.0%

Profitability 13+7

return on assets -4.5%

Bankruptcy probability, 12 months

Judicial reorganisation

About 1 in 4 comparable companies went bankrupt within the year

A judicial reorganisation is open: we then compute no probability from the figures. Measured over every Belgian company in an open or failed reorganisation: 25% to 26% bankrupt within twelve months (2024 and 2025).

No credit on open account during an ongoing judicial reorganisation

Liquidity short (current ratio 0.19 against 0.38 in 2024; short-term debt: 22.1% and cash: 0% of total assets), and 43% of the assets are financed with debt.

Signals

Three signals.

+raises risk○neutral

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

1819202122232425

2018 to 2025 · latest year -€1.5m

In judicial reorganisation

Ongoing procedure under court protection (Book XX WER). The company is restructuring.

Belgian State Gazette

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

32 days early

2024

20 days early

2023

50 days late

2022

11 days early

2021

13 days early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 5 days before the deadline; the sector median for financial year 2024 is 5 days before the deadline, and 38% of the sector filed late.

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 18 July (4 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

08-10-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

Checked from 2021 on.

KBO publications · our coverage

07-07-2026 Annual accounts filedfiscal year 2025 · consolidated
29-06-2026 Annual accounts filedfiscal year 2025 · full…
16-03-2026 Resignation: Xavier Faure (director)Appointment: Joannes van de Kimmenade…

Key points

Risk: In judicial reorganisationcreditors: see the procedure below 17-05-2023 View
Risk: 6 loss-making years in a rowloss fiscal year 2025 -€1.5m View
Caution: Among the weakest 5% on net resultsector median €21,396 · 205 companies -€1.5m View
Caution: Board changedlatest change 23-02-2026 · 1 in office 1 joined · 1 left View
Positive: Result rose in 2025from -€2.7m to -€1.5m ▲ 43.3% View
Heads a groupcompanies controlled · known shareholders 100% 4 View