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DE WINTER

Active
Private limited companyfounded 20187 yrs activePanoramastraat 5, 1750 Lennik, BelgiumKBO/BCE: BE 0713.651.467
Summary

The computed 12-month bankruptcy probability of DE WINTER is 2.0% (moderate). The 2025 annual accounts show equity of €88,172 and a net result of €25,113. Equity is growing by ~19.2% per year across the filed fiscal years. The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability95▼-5
Solvency98▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 3.95 against 3.78 in 2024; short-term debt: 20.6% and cash: 68.7% of total assets), and 27.1% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 7 years 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
72.9%
Return on assets
20.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filings
Deviation from the deadline
2025
31 d late
2024
28 d late
2023
7 d early
2022
28 d early
2021
33 d early
2020
29 d early
2019
22 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 9 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (2)
neutral · 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 25 July (4 of the last 5 filed years within 34 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 19 November 2018, DE WINTER was incorporated.1 Total assets went from EUR 49,056 in 2019 to EUR 120,955 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€88,172▲ 14.0%
2024 · €77,377
Total assets
€120,955▲ 9.6%
2024 · €110,353
Net result
€25,113▼ 15.3%
2024 · €29,647
Working capital
€73,432▲ 25.2%
2024 · €58,661
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€536€2,452€14,128▲ 476%€41,554▲ 194%€36,422▼ 12.4%
Net result-€3,466-€863▲ 75.1%€7,122€29,647▲ 316%€25,113▼ 15.3%
Equity€41,471▼ 7.7%€40,608▼ 2.1%€47,730▲ 17.5%€77,377▲ 62.1%€88,172▲ 14.0%
Total assets€50,589▼ 17.4%€45,769▼ 9.5%€99,926▲ 118%€110,353▲ 10.4%€120,955▲ 9.6%
Debt€9,118▼ 44.2%€5,161▼ 43.4%€52,195▲ 911%€32,976▼ 36.8%€32,783▼ 0.6%
Working capital€40,732▲ 2.5%€40,321▼ 1.0%-€6,480€58,661€73,432▲ 25.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000Operating result 2021: -€536-€536Net result 2021: -€3,466-€3,466Operating result 2022: €2,452€2,452Net result 2022: -€863-€863Operating result 2023: €14,128€14,128Net result 2023: €7,122€7,122Operating result 2024: €41,554€41,554Net result 2024: €29,647€29,647Operating result 2025: €36,422€36,422Net result 2025: €25,113€25,11320212022202320242025€0€20,000€40,000Operating result 2023: €14,128€14,100Net result 2023: €7,122€7,120Operating result 2024: €41,554€41,600Net result 2024: €29,647€29,600Operating result 2025: €36,422€36,400Net result 2025: €25,113€25,100202320242025
The operating result falls in 2025; 2025 is 12% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €120,955
Fixed assets €22,615 ▼ 26.1%
Current assets €98,340 ▲ 23.3%
Equity and liabilities €120,955
Equity €88,172 ▲ 14.0%
Debt €32,783 ▼ 0.6%
Debt's share of the balance-sheet total falls from 29.9% to 27.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€44,407▼
2024 · €49,539
Cash flow
€33,098▼
2024 · €37,632
Current ratio
3.95▲
2024 · 3.78
Debt to equity
0.37▼
2024 · 0.43
ROE
28.5%▼
2024 · 38.3%
ROA
20.8%▼
2024 · 26.9%
Interest coverage
50.85▲
2024 · 47.34
Debt ≤ 1 year
€24,908▲
2024 · €21,091
Debt > 1 year
€7,876▼
2024 · €11,884
Income taxes
€10,521▼
2024 · €10,861
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.5% went bankrupt
3.4% stopped otherwise
95% still going

A further 0.3% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.0% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 26,970 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€110,353€120,955▲
Fixed assets21/28€30,600€22,615▼
Tangible fixed assets22/27€30,600€22,615▼
Furniture and vehicles24€30,600€22,615▼
Current assets29/58€79,752€98,340▲
Amounts receivable within one year40/41€14,122€15,244▲
Trade receivables40€14,122€15,244▲
Cash at bank and in hand54/58€65,631€83,095▲
Equity and liabilities
Total equity and liabilities10/49€110,353€120,955▲
Equity10/15€77,377€88,172▲
Contributions10/11€12,400€12,400=
Reserves13€64,977€75,772▲
Distributable reserves133€64,977€75,772▲
Amounts payable17/49€32,976€32,783▼
Amounts payable after more than one year17€11,884€7,876▼
Financial debts170/4€11,884€7,876▼
Amounts payable within one year42/48€21,091€24,908▲
Current portion of amounts payable after more than one year42€3,818€4,009▲
Trade debts44€755€3,327▲
Suppliers440/4€755€3,327▲
Taxes, remuneration and social security45€13,871€14,882▲
Taxes450/3€13,871€12,382▼
Remuneration and social security454/9-€2,500
Other amounts payable47/48€2,647€2,690▲
Income statement Code20242025
Non-recurring operating income76A€6,467-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,985€7,985=
Other operating charges640/8€121€870▲
Gross operating margin9900€49,660€45,277▼
Operating profit (loss)9901€41,554€36,422▼
Financial income75/76B-€86
Recurring financial income75-€86
Financial charges65/66B€1,047€873▼
Recurring financial charges65€1,047€873▼
Profit (loss) for the period before taxes9903€40,507€35,635▼
Income taxes67/77€10,861€10,521▼
Profit (loss) for the period9904€29,647€25,113▼
Profit (loss) for the period to be appropriated9905€29,647€25,113▼
Appropriation of the result
Profit (loss) to be appropriated9906€29,647€25,113▼
Transfer from equity791/2-€14,319
Transfer to equity691/2€29,647€25,113▼
To the legal reserve6920€29,647€25,113▼
Profit to be distributed694/7-€14,319
Return on contributions (dividend)694-€14,319

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A---€6,467--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€452€452€1,627€7,985€7,985=
Other operating charges640/8€402€723€741€121€870▲ 619%
Non-recurring operating charges66A€3,501-----
Gross operating margin9900€3,819€3,626€16,496€49,660€45,277▼ 8.8%
Operating profit (loss)9901-€536€2,452€14,128€41,554€36,422▼ 12.4%
Financial income75/76B-€0€0-€86-
Recurring financial income75-€0€0-€86-
Financial charges65/66B€828€843€995€1,047€873▼ 16.5%
Recurring financial charges65€828€843€995€1,047€873▼ 16.5%
Profit (loss) for the period before taxes9903-€1,365€1,609€13,133€40,507€35,635▼ 12.0%
Income taxes67/77€2,102€2,472€6,011€10,861€10,521▼ 3.1%
Profit (loss) for the period9904-€3,466-€863€7,122€29,647€25,113▼ 15.3%
Profit (loss) for the period to be appropriated9905-€3,466-€863€7,122€29,647€25,113▼ 15.3%
Line20212022202320242025Change
Assets
Total assets20/58€50,589€45,769€99,926€110,353€120,955▲ 9.6%
Fixed assets21/28€739€287€70,032€30,600€22,615▼ 26.1%
Tangible fixed assets22/27€739€287€70,032€30,600€22,615▼ 26.1%
Plant, machinery and equipment23€739€287€0---
Furniture and vehicles24--€70,032€30,600€22,615▼ 26.1%
Current assets29/58€49,850€45,482€29,893€79,752€98,340▲ 23.3%
Amounts receivable within one year40/41€17,828€15,838€16,893€14,122€15,244▲ 7.9%
Trade receivables40€15,116€14,609€15,664€14,122€15,244▲ 7.9%
Other amounts receivable41€2,712€1,228€1,228---
Cash at bank and in hand54/58€11,939€16,809€12,380€65,631€83,095▲ 26.6%
Deferred charges and accrued income490/1€20,083€12,835€621---
Equity and liabilities
Total equity and liabilities10/49€50,589€45,769€99,926€110,353€120,955▲ 9.6%
Equity10/15€41,471€40,608€47,730€77,377€88,172▲ 14.0%
Contributions10/11€12,400€12,400€12,400€12,400€12,400=
Reserves13€32,537€32,537€35,330€64,977€75,772▲ 16.6%
Non-distributable reserves130/1€1,860€1,860€0---
Reserves not available under the articles1311€1,860€1,860€0---
Distributable reserves133€30,677€30,677€35,330€64,977€75,772▲ 16.6%
Profit (loss) carried forward14-€3,466-€4,329€0---
Amounts payable17/49€9,118€5,161€52,195€32,976€32,783▼ 0.6%
Amounts payable after more than one year17--€15,702€11,884€7,876▼ 33.7%
Financial debts170/4--€15,702€11,884€7,876▼ 33.7%
Amounts payable within one year42/48€9,118€5,161€36,373€21,091€24,908▲ 18.1%
Current portion of amounts payable after more than one year42--€3,634€3,818€4,009▲ 5.0%
Trade debts44€1,003€844€85€755€3,327▲ 341%
Suppliers440/4€1,003€844€85€755€3,327▲ 341%
Taxes, remuneration and social security45€7,579€2,500€9,247€13,871€14,882▲ 7.3%
Taxes450/3€7,579-€6,747€13,871€12,382▼ 10.7%
Remuneration and social security454/9-€2,500€2,500-€2,500-
Other amounts payable47/48€535€1,817€23,407€2,647€2,690▲ 1.6%
Accrued charges and deferred income492/3--€120---
Line20212022202320242025Change
Profit (loss) for the period9904-€3,466-€863€7,122€29,647€25,113▼ 15.3%
+ Depreciation and write-downs630€452€452€1,627€7,985€7,985=
Operating cash flow (approximation)-€3,014-€411€8,749€37,632€33,098▼ 12.0%
Investment in fixed assets (approximation)-€0-€71,372€31,447€0▼ 100%
Change in cash-€4,870-€4,429€53,251€17,465▼ 67.2%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
28-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
31-12
Financial Highest result since 2019net €29,647 ▲316%
Operating result €41,554, net result €29,647, both a record.
31-12
Financial Liquidity times 5current ratio 3.78
Current ratio from 0.82 to 3.78; short-term debt falls from €36,373 to €21,091.
24-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Back to profitnet €7,122
Net result €7,122 after 2 loss-making years.
03-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
28-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Weakest financial yearnet -€3,466
Net result drops to -€3,466, the lowest in the series; recovery starts the following year.
02-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
09-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lennik · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
681 m²
Building footprint
190 m²
Volume, LiDAR
925 m³
Parcel 23072B0019/00T000, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
DE WINTER
Panoramastraat 5, 1750 LennikHuman health activities
since 20182.285.790.647
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23072B0019/00T000 Flanders 681 m² 1 · 190 m² 9.7 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company
Founded19-11-2018
Fiscal year end31-12
Contact
Phone 000000000000Lennik
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.