ETS DE WINTER

Active Private limited companyfounded 2009active for 17 yearsRue du Genestier 12, 7060 SoigniesKBO/BCE: BE 0809.670.282 #9 company by total assets in Soignies, Construction sector

ETS DE WINTER

Financial year 2025

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Annual accounts 2025

abbreviated format, filed on 30-07-2026, 1 day before the deadline

€1.6m

▲ 13.4%

€142,393

▼ 0.5%

€90,051

▼ 10.5%

€379,531

▲ 16.8%

34.3%

▲ 4.9 percentage points

1.97

▲ 0.10

The turnover shown is an estimate from the gross margin.

Turnover ≈ €4.4m. Estimated: probably between €3.7m and €5.5m.

In the rankings #9 company by total assets in Soignies, Construction sector

Balance sheet

balance sheet total €1.9m on 31-12-2025

What the company ownsHow it is paid for

in euro

Position in the sector

Compare with sector

34.3%

Higher than 38% of 9,973 companies in 2025.

1.97

Higher than 56% of 9,836 companies in 2025.

4.7%

Higher than 47% of 9,905 companies in 2025.

ETS DE WINTER Middle half of the sector 80% of the sector Abbreviated accounts in specialised construction (NACE 43)

Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: middle half · Staff: top quarter

Staff

€61,181

Staff costs divided by the average number of full-time equivalents.

+2 people

people who joined people who left

In 2025, 7 people joined and 5 left.

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Balance sheet: assets
`20/58`	1.9m	1.9m	1.8m	1.7m	465,925	322,209	242,180	217,981	186,232	151,186	195,133	198,550	224,705	223,345	222,771	164,863	95,216
`21/28`	1.1m	1.2m	1.2m	1.2m	131,527	81,126	39,037	47,942	47,550	41,550	61,941	53,490	51,614	74,965	66,828	63,097	27,791
`22/27`	1.1m	1.2m	1.2m	1.2m	128,478	77,812	37,323	46,228	47,285	41,285	61,676	53,225	51,349	74,700	66,703	62,972	27,791
`22`	986,731	1.0m	998,201	907,845	-	-	-	-	-	-	-	-	-	-	-	-	-
`23`	29,076	46,915	50,255	62,045	33,190	25,229	15,166	12,619	15,471	20,426	27,805	26,434	23,975	31,552	29,826	16,128	14,544
`24`	123,973	157,693	184,095	208,309	74,791	19,242	12,508	19,136	12,518	20,859	33,871	26,791	27,374	43,148	36,877	46,844	13,248
`25`	-	1,643	7,061	12,479	20,498	-	-	-	-	-	-	-	-	-	-	-	-
`28`	1,600	1,600	1,600	1,734	3,049	3,314	1,714	1,714	265	265	265	265	265	265	125	125	-
`29/58`	770,460	698,952	518,394	459,359	334,398	241,083	203,144	170,039	138,682	109,636	133,193	145,060	173,091	148,380	155,943	101,767	67,424
`3`	102,715	24,275	20,000	24,936	21,586	21,085	20,415	20,918	21,785	24,410	21,404	20,183	18,940	17,833	11,727	13,050	8,525
`30/36`	102,715	24,275	20,000	24,936	21,586	21,085	20,415	20,918	21,785	24,410	21,404	20,183	18,940	17,833	11,727	13,050	8,525
`40/41`	278,241	315,352	259,129	306,913	125,037	132,386	82,871	95,823	88,583	42,401	88,955	64,395	73,052	71,171	46,980	67,766	23,980
`40`	251,589	281,541	246,347	206,674	76,660	97,583	69,755	79,053	75,928	31,595	82,933	63,203	66,288	52,073	33,470	42,720	17,068
`41`	26,652	33,811	12,782	100,239	48,376	34,803	13,116	16,770	12,656	10,807	6,022	1,191	6,763	19,098	13,510	25,047	6,911
`50/53`	-	-	-	-	-	-	263	263	263	263	262	234	11,713	11,634	15,000	-	-
`54/58`	370,709	353,513	215,425	109,564	175,912	77,187	92,189	45,192	23,630	38,215	16,861	54,975	63,810	42,334	78,651	19,419	33,327
`490/1`	18,795	5,812	23,840	17,946	11,863	10,425	7,405	7,844	4,421	4,347	5,711	5,273	5,577	5,407	3,584	1,532	1,593
Balance sheet: equity and liabilities
`10/49`	1.9m	1.9m	1.8m	1.7m	465,925	322,209	242,180	217,981	186,232	151,186	195,133	198,550	224,705	223,345	222,771	164,863	95,216
`10/15`	656,710	569,841	368,299	241,949	217,334	168,342	140,822	106,264	95,552	72,746	124,840	152,524	152,186	146,235	139,109	86,143	46,033
`10/11`	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
`100`	-	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
`13`	450,360	360,360	260,860	135,860	111,860	62,860	35,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860
`130/1`	-	-	-	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-
`130`	-	-	-	-	-	-	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860
`1311`	-	-	-	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-
`133`	450,360	360,360	260,860	134,000	110,000	61,000	34,000	-	-	-	-	-	-	-	-	-	-
`14`	89,097	89,046	88,839	87,489	86,874	86,882	86,362	85,804	75,092	52,286	104,380	132,064	131,726	125,775	118,649	65,683	25,573
`15`	98,653	101,835	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`16`	32,884	33,945	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`168`	32,884	33,945	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`17/49`	1.2m	1.3m	1.4m	1.4m	248,591	153,867	101,358	111,717	90,680	78,440	70,293	46,026	72,520	77,110	83,662	78,720	49,183
`17`	828,500	939,352	928,443	995,859	42,469	20,821	10,674	18,177	11,509	853	5,924	-	-	7,958	15,602	22,946	-
`170/4`	828,500	939,352	928,443	995,859	42,469	20,821	10,674	18,177	11,509	853	5,924	-	-	7,958	15,602	22,946	-
`42/48`	390,928	373,954	403,050	410,149	203,701	132,291	88,918	91,930	76,969	76,012	64,369	44,501	69,889	67,729	67,165	51,183	47,895
`42`	112,520	132,644	134,656	132,279	77,669	16,694	7,503	7,423	4,586	5,070	4,986	-	7,958	7,644	7,343	11,746	-
`43`	-	-	-	42,080	-	-	-	-	-	-	-	-	-	-	-	-	-
`430/8`	-	-	-	42,080	-	-	-	-	-	-	-	-	-	-	-	-	-
`44`	129,822	131,892	180,812	120,875	37,788	32,262	19,143	27,043	23,559	10,307	29,526	3,976	2,710	11,334	36,107	13,236	611
`440/4`	129,822	131,892	180,812	120,875	37,788	32,262	19,143	27,043	23,559	10,307	29,526	3,976	2,710	11,334	36,107	13,236	611
`46`	-	-	-	-	-	26,779	-	-	-	-	-	-	-	-	-	-	-
`45`	102,753	71,770	65,621	98,447	53,732	13,134	16,957	12,095	7,925	11,610	1,991	13,518	16,769	10,757	12,297	1,847	2,240
`450/3`	31,908	17,153	16,414	3,912	2,250	4,053	-	-	-	-	-	5,768	4,418	-	10,075	-	404
`454/9`	70,845	54,616	49,206	94,535	51,482	9,081	16,957	12,095	7,925	11,610	1,991	7,750	12,351	10,757	2,222	1,847	1,836
`47/48`	45,833	37,648	21,961	16,468	34,512	43,422	45,315	45,369	40,899	49,025	27,867	27,007	42,453	37,994	11,417	24,354	45,043
`492/3`	2,816	14,997	59,815	3,814	2,421	755	1,766	1,610	2,202	1,574	-	1,525	2,631	1,423	894	4,591	1,288
Income statement
`9900`	1.6m	1.4m	1.4m	985,827	574,035	369,506	278,953	174,912	180,433	115,401	134,970	145,205	168,276	142,792	179,039	125,894	66,108
`62`	1.3m	1.1m	1.1m	853,664	471,827	313,934	217,070	145,483	141,038	144,452	141,178	113,140	131,981	107,455	82,349	49,560	18,347
`630`	131,728	142,491	127,081	81,395	34,347	24,759	21,354	20,902	20,850	23,172	25,719	27,280	30,197	29,850	22,727	18,257	6,515
`631/4`	-	-	-	-	2,553	1,676	-	-	-	-	-	-	-	-	-	-	-
`640/8`	16,793	4,189	2,823	22,534	7,559	3,420	4,168	916	990	990	1,133	1,661	836	1,106	1,038	1,150	348
`9901`	142,393	143,131	144,222	28,235	57,750	25,718	36,361	7,610	17,554	-53,213	-33,060	3,124	5,261	4,382	72,925	56,927	40,897
`75/76B`	31,563	23,495	22,688	21,869	17,661	12,115	9,349	6,696	7,342	3,222	5,696	3,334	3,986	6,166	4,041	5,447	2,431
`75`	31,563	23,495	22,688	21,869	17,661	12,115	9,349	6,696	7,342	3,222	5,696	3,334	3,986	6,166	4,041	5,447	2,431
`65/66B`	39,988	25,814	26,128	22,289	3,138	1,733	2,358	2,794	2,091	2,087	310	1,912	2,588	2,120	2,334	2,195	1,203
`65`	30,163	25,814	26,128	22,289	3,138	1,733	2,358	2,286	2,091	2,087	310	1,912	2,588	2,120	2,334	2,195	1,203
`66B`	9,825	-	-	-	-	-	-	508	-	-	-	-	-	-	-	-	-
`9903`	133,968	140,813	140,782	27,815	72,273	36,099	43,351	11,512	22,806	-52,078	-27,675	4,546	6,659	8,427	74,633	60,179	42,125
`780`	1,061	1,061	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
`67/77`	44,978	41,307	13,632	2,400	22,384	8,579	8,793	-	-	16	9	207	708	1,302	21,668	20,069	14,692
`9904`	90,051	100,566	127,150	25,415	49,889	27,520	34,558	11,512	22,806	-52,094	-27,684	4,339	5,951	7,126	52,965	40,110	27,433
`9905`	90,051	100,566	127,150	25,415	49,889	27,520	34,558	11,512	22,806	-52,094	-27,684	4,339	5,951	7,126	52,965	40,110	27,433
Appropriation of the result
`9906`	179,097	189,405	214,639	112,289	136,771	113,882	120,362	86,604	75,092	52,286	104,380	136,064	131,726	125,775	118,649	65,683	27,433
`14P`	89,046	88,839	87,489	86,874	86,882	-	-	-	-	-	-	-	-	-	-	-	-
`691/2`	90,000	99,500	125,000	24,000	49,000	27,000	34,000	-	-	-	-	-	-	-	-	-	1,860
`6920`	90,000	99,500	125,000	24,000	-	-	-	-	-	-	-	-	-	-	-	-	1,860
`6921`	-	-	-	-	49,000	27,000	34,000	-	-	-	-	-	-	-	-	-	-
`694/7`	-	859	800	800	897	-	-	800	-	-	-	4,000	-	-	-	-	-
`694`	-	859	800	800	897	-	-	800	-	-	-	4,000	-	-	-	-	-
Social balance sheet
`9087`	21.4	18.2	18.7	16.8	12.1	7	5	3.3	3	3	3	3	3	2.9	2.7	2.6	0.9
Hours worked`1013`	36,470	29,739	32,208	27,006	18,702	10,422	8,528	5,792	5,092	5,440	5,328	4,893	4,829	5,128	4,588	3,480	1,676
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The notes to these accounts have 16 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 30-07-2026.

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Filings

each dot is a set of accounts, on the day it reached the National Bank

Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	30-07-2026	2026-00353870	PDF
31-12-2024	full format	30-09-2025	2025-00521616	PDF
31-12-2023	full format	23-08-2024	2024-00362301	PDF
31-12-2022	micro format	27-07-2023	2023-00300884	PDF
31-12-2021	micro format	26-08-2022	2022-20386824	PDF
31-12-2020	micro format	27-07-2021	2021-41200370	PDF
31-12-2019	micro format	06-10-2020	2020-59500178	PDF
31-12-2018	micro format	01-08-2019	2019-43400274	PDF
31-12-2017	micro format	09-08-2018	2018-45300368	PDF
31-12-2016	micro format	26-07-2017	2017-36900394	PDF
31-12-2015	full format	15-09-2016	2016-60100171	PDF
31-12-2014	full format	27-08-2015	2015-49500170	PDF
31-12-2013	full format	29-08-2014	2014-53900191	PDF
31-12-2012	full format	05-08-2013	2013-39700307	PDF
31-12-2011	full format	09-08-2012	2012-40100227	PDF
31-12-2010	full format	04-07-2011	2011-25800431	PDF
31-12-2009	full format	17-08-2010	2010-41800460	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
274,121	285,623	271,302	109,630	92,098	50,476	57,715	28,512	38,405	-30,041	-7,341	30,404	35,458	34,232	95,652	75,184	47,413
221,779	243,058	254,230	106,809	84,236	52,279	55,912	32,414	43,656	-28,922	-1,965	31,618	36,148	36,975	75,692	58,367	33,949
53,102	134,415	176,016	1.1m	89,837	72,051	12,448	24,302	26,851	2,781	34,170	31,288	6,846	37,987	26,458	53,562	34,307
17,195	138,088	105,862	-66,349	98,726	-15,003	46,998	21,562	-14,585	21,354	-38,114	-8,835	21,475	-36,317	59,232	-13,908	-
379,531	324,998	115,344	49,210	130,697	108,792	114,226	78,109	61,713	33,624	68,823	100,559	103,202	80,651	88,778	50,583	19,530
34.3%	29.5%	20.9%	14.6%	46.6%	52.2%	58.1%	48.7%	51.3%	48.1%	64.0%	76.8%	67.7%	65.5%	62.4%	52.3%	48.3%
1.97	1.87	1.29	1.12	1.64	1.82	2.28	1.85	1.80	1.44	2.07	3.26	2.48	2.19	2.32	1.99	1.41
1.71	1.80	1.24	1.06	1.54	1.66	2.06	1.62	1.52	1.12	1.74	2.81	2.21	1.93	2.15	1.73	1.23
1.86	2.33	3.78	5.83	1.14	0.91	0.72	1.05	0.95	1.08	0.56	0.30	0.48	0.53	0.60	0.91	1.07
13.7%	17.6%	34.5%	10.5%	23.0%	16.3%	24.5%	10.8%	23.9%	-71.6%	-22.2%	2.8%	3.9%	4.9%	38.1%	46.6%	59.6%
4.7%	5.2%	7.2%	1.5%	10.7%	8.5%	14.3%	5.3%	12.2%	-34.5%	-14.2%	2.2%	2.6%	3.2%	23.8%	24.3%	28.8%
9.09	11.06	10.38	4.92	29.35	-	-	-	-	-	-	-	-	-	-	-	-

EBIT margin: not included in this filing.

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item	31-12-2025	31-12-2024	31-12-2023	31-12-2022	31-12-2021
Employees at the balance-sheet date	22	20	18	20	14
full-time	21	20	18	19	14
part-time	1	-	-	1	-
in full-time equivalents	21.8	20	18	19.2	14
	21.7	18.2	18.7	16.8	12.1
On a permanent contract	18	17	16	17	9
Joined	7	14	11	25	23
Left	5	12	13	19	17
Training hours	-	885	1,117	-	-

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others

Item	2025	2024	2023	2022	2021
Mortgages, amount registered	-	-	€820,000	-	-
Carrying value of the mortgaged assets	-	-	€998,201	-	-

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€53,102	€134,415	€176,016	€1.1m	€89,837
	€131,728	€142,491	€127,081	€81,395	€34,347

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on ETS DE WINTER

The operating result for 2025 is 1% lower than in 2024 and the lowest since 2022. It is the second fall in a row.

Debt's share of the balance-sheet total falls from 68.7% to 63.9%. Equity is higher and debt is lower.

Large changes and their cause

2023 Net result +400% on 2022. The accounts now follow the full format, last year the micro format.

Next steps

Work out how much credit to give this customer and on what payment terms.Credit check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed

Annual accounts 2025

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency34.3%

Current ratio1.97

Return on assets4.7%

Staff

Staff cost per FTE€61,181

Joined and left+2 people

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Securities and guarantees

Investments

Insights on ETS DE WINTER

Next steps

in euro

in euro

34.3%

1.97

4.7%

€61,181

+2 people