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E. Van Wingen

Active
Public limited companyfounded 196857 yrs activeDurmakker 27, 9940 Evergem, BelgiumKBO/BCE: BE 0406.078.325
Summary

E. Van Wingen has been active since 1968 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.4m and a net result of €900,068. Equity is shrinking by ~3% per year across the filed fiscal years. Its solvency ranks better than 67% of 360 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).

Risk analysisWatch ReportCompare
E. Van WingenActiveChecked score 96/100
Risk analysis ReportCompare

Overview

Activity
Manufacture of machinery and equipment not elsewhere classified
NACE 28110NACE 29110
#3 oldest company in Evergem, Manufacturing sector1 site
Size
€13.6mturnover 2025
Staff
40.3 FTE
Equity
€4.4m
Profit
€900,068
Financial health
96 Excellent Checked score 2025
Bankruptcy chance 12 m
< 0.1%
Structure
Parent
Anglo Belgian Corporation · 80%
Accounts 39 d early0 of 11 deeds read
Why 96+ Liquidity: current ratio 2.14, cash €2.0m+ Founded in 1968+ Equity €4.4m (53.0% of total assets)+ Profit of €900,068 (FY 2025)Show the evidence

Checked score

Score 2025
96 / 100
Excellent
Probability in this band: under 0.55%
Better than 72% of its sector peers (NACE 28, small)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2024
Strong
Solvency 78+8
equity 53.0% of total assets
Liquidity 60+25
short-term debt 42.9% · cash 24.3%
Profitability 74+7
return on assets 10.8%
Bankruptcy probability, 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (291 companies)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● 0.0% vs 11-2024 01-2025: 0.1%● 0.0% vs 12-2024 02-2025: 0.1%▼ -3.7% vs 01-2025 03-2025: 0.1%● 0.0% vs 02-2025 04-2025: 0.1%▲ +1.9% vs 03-2025 05-2025: 0.1%▲ +5.6% vs 04-2025 06-2025: 0.1%▼ -5.3% vs 05-2025 07-2025: 0.1%▲ +24.3% vs 06-2025highest value 08-2025: 0.1%▼ -21.1% vs 07-2025 09-2025: 0.1%● 0.0% vs 08-2025 10-2025: 0.1%● 0.0% vs 09-2025 11-2025: 0.1%● 0.0% vs 10-2025 12-2025: 0.1%● 0.0% vs 11-2025 01-2026: 0.1%● 0.0% vs 12-2025 02-2026: 0.1%▼ -4.8% vs 01-2026 03-2026: 0.1%● 0.0% vs 02-2026 04-2026: 0.1%▼ -1.0% vs 03-2026 05-2026: 0.1%▲ +5.1% vs 04-2026 06-2026: 0.1%▲ +2.9% vs 05-2026 07-2026: < 0.1%▼ -65.4% vs 06-2026lowest value 08-2026: < 0.1%● 0.0% vs 07-2026lowest value 09-2026: < 0.1%● 0.0% vs 08-2026lowest value 10-2026: < 0.1%● 0.0% vs 09-2026lowest value
  • Liquidity: current ratio 2.14, cash €2.0m lowers the probability
  • Founded in 1968 lowers the probability for this profile
  • Equity €4.4m (53.0% of total assets) lowers the probability
  • Profit of €900,068 (FY 2025) lowers the probability
Credit up to €420,000 at 30 days acceptable
Liquidity ample (current ratio 2.14 against 1.82 in 2024; short-term debt: 42.9% and cash: 24.3% of total assets), and 47% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 28, small). Better than this share of them on solvency 64%, liquidity 76%, profitability 61%, growth against the median 86%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Liquidity: current ratio 2.14, cash €2.0m
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Founded in 1968
In the bankruptcy model this factor lowers the probability for this profile.
KBO
lowers risk · Equity €4.4m (53.0% of total assets)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Profit of €900,068 (FY 2025)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
39 d early
2024
31 d early
2023
27 d early
2022
33 d early
2021
38 d early
2020
36 d early
2019
38 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 35 days before the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 32% of the sector filed 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 28 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 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
  1. Annual accounts filedfiscal year 2025 · full…
  2. Highest result since 2018net €900,068 ▲70.2%
  3. Annual accounts filedfiscal year 2024 · full…

Key points

  • Positive: Result rose in 2025from €528,779 to €900,068 ▲ 70.2% View
  • Positive: Oldest company in Evergem, Manufacturing sectorin the Checked rankings #3 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Controlled by Anglo Belgian Corporationultimately: Ogepar 80% View
  • Active since 1968founded 19-12-1968 57 years View

By topic

Financials

Fiscal year
2025
Turnover
€13.6m
Profit
€900,068
Solvency
53.0%
Turnover▲ 29.2%
Net result
20182025
Go to Financials

Timeline

Events
13
Since
2017
Next accounts
by 31-07-2027
  1. 22-06-2026Annual accounts filed
  2. 31-12-2025Highest result since 2018
  3. 30-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Manufacture of machinery and equipment not elsewhere classifiedNACE 28110
Founded
19-12-1968
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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