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MWingz

Active
Private limited companyfounded 20196 yrs activeKoning AlbertII laan 37, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0738.987.372
Summary

MWingz has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.2m and a net result of €2.0m. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 34% of 1452 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability84▲+1
Solvency45▼-1
Growth58=
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170,000 at 30 days acceptable
Liquidity tight (current ratio 1.02 against 1.14 in 2024; short-term debt: 80.1% and cash: 3.4% of total assets), and 80.1% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
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 6 years 0 10 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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
19.9%
Return on assets
12.4%
Age of the figures
9 mo
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 12-05-2026, 80 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
80 d early
2024
76 d early
2023
70 d early
2022
66 d early
2021
52 d 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 69 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% 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 23 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 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 12 December 2019, MWingz was incorporated as a Private limited company.1 In 2026 the registered office moved to Schaarbeek.2 Of the 2 current board members, Yves Bertholomé has served longest, since 2026.3 Total assets went from EUR 8.5 million in 2020 to EUR 16 million in 2025 and headcount from 102 to 108 full-time equivalents.4

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 25-03-2026
  3. 3Belgian State Gazette, 16-07-2026
  4. 4National Bank, annual accounts 2020 and 2025

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Financials · fiscal year 2025, unclassified schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€2.0m▲ 12.9%
2024 · €1.8m
Working capital
€290,559▼ 83.0%
2024 · €1.7m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2020202320242025
Operating result€1.1m-€2.4m-€2.5m▲ 5.6%€2.6m▲ 1.5%
Net result€794,962above the sector's middle half-€1.6mabove the sector's middle half-€1.8mabove the sector's middle half▲ 9.3%€2.0mabove the sector's middle half▲ 12.9%
Equity€4.0mabove the sector's middle half-€3.2mabove the sector's middle half-€3.2mabove the sector's middle half=€3.2mabove the sector's middle half=
Total assets€8.5mabove the sector's middle half-€18.7mabove the sector's middle half-€15.0mabove the sector's middle half▼ 20.0%€16.1mabove the sector's middle half▲ 7.3%
Debt€4.5m-€15.5m-€11.8m▼ 24.2%€12.9m▲ 9.3%
Working capital€3.1mabove the sector's middle half-€1.9mabove the sector's middle half-€1.7mabove the sector's middle half▼ 9.3%€290,559within the sector's middle half▼ 83.0%
Solvency47.0%within the sector's middle half-17.1%below the sector's middle half-21.4%within the sector's middle half▲ 4.3pp19.9%within the sector's middle half▼ 1.5pp
Current ratio1.69within the sector's middle half-1.12within the sector's middle half-1.14within the sector's middle half▲ 0.021.02within the sector's middle half▼ 0.12
Return on assets (ROA)9.3%within the sector's middle half-8.6%within the sector's middle half-11.8%within the sector's middle half▲ 3.2pp12.4%within the sector's middle half▲ 0.6pp
Staff (FTE)101.6above the sector's middle half-103above the sector's middle half-102.5above the sector's middle half▼ 0.5%108.3above the sector's middle half▲ 5.7%
above within below the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€1.0m€2.0m€3.0mOperating result 2020: €1.1m€1.1mNet result 2020: €794,962€794,962Operating result 2023: €2.4m€2.4mNet result 2023: €1.6m€1.6mOperating result 2024: €2.5m€2.5mNet result 2024: €1.8m€1.8mOperating result 2025: €2.6m€2.6mNet result 2025: €2.0m€2.0m2020202320242025€0€1m€2m€3mOperating result 2023: €2.4m€2.4mNet result 2023: €1.6m€1.6mOperating result 2024: €2.5m€2.5mNet result 2024: €1.8m€1.8mOperating result 2025: €2.6m€2.6mNet result 2025: €2.0m€2m202320242025
The operating result has risen two years in a row; 2025 is 1% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €16.1m
Fixed assets €2.9m ▲ 94.7%
Current assets €13.1m ▼ 2.4%
Equity and liabilities €16.1m
Equity €3.2m =
Debt €12.9m ▲ 9.3%
Debt's share of the balance-sheet total rises from 78.6% to 80.1%. Debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€3.4m▲
2024 · €3.3m
Cash flow
€2.9m▲
2024 · €2.6m
Debt to equity
4.02▲
2024 · 3.68
ROE
62.1%▲
2024 · 55.0%
Interest coverage
104.02▲
2024 · 88.01
Debt ≤ 1 year
€12.9m▲
2024 · €11.8m
Income taxes
€670,649▼
2024 · €934,164
Staff costs
€15.3m▲
2024 · €14.1m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 684 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97% are still going.

  • Medium-sized
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
  • without age
0.3% went bankrupt
2.2% stopped otherwise
97% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.6% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 684 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 · 48 lines
Balance sheet Code20242025
Assets
Total assets20/58€15.0m€16.1m▲
Fixed assets21/28€1.5m€2.9m▲
Intangible fixed assets21€987,697€2.5m▲
Tangible fixed assets22/27€507,159€419,679▼
Plant, machinery and equipment23€507,159€419,679▼
Current assets29/58€13.5m€13.1m▼
Amounts receivable within one year40/41€12.3m€12.1m▼
Trade receivables40€3.4m€3.7m▲
Other amounts receivable41€8.8m€8.4m▼
Cash at bank and in hand54/58€770,984€544,695▼
Deferred charges and accrued income490/1€441,526€513,934▲
Equity and liabilities
Total equity and liabilities10/49€15.0m€16.1m▲
Equity10/15€3.2m€3.2m=
Contributions10/11€3.2m€3.2m=
Amounts payable17/49€11.8m€12.9m▲
Amounts payable within one year42/48€11.8m€12.9m▲
Trade debts44€5.9m€6.5m▲
Suppliers440/4€5.9m€6.5m▲
Taxes, remuneration and social security45€4.1m€4.4m▲
Taxes450/3€562,506€615,214▲
Remuneration and social security454/9€3.5m€3.8m▲
Other amounts payable47/48€1.8m€2.0m▲
Accrued charges and deferred income492/3-€746
Income statement Code20242025
Operating income70/76A€43.1m€44.3m▲
Own construction capitalised72-€770,200
Other operating income74€43.1m€43.6m▲
Operating charges60/66A€40.6m€41.8m▲
Services and other goods61€25.7m€25.6m▼
Remuneration, social security and pensions62€14.1m€15.3m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€794,186€888,788▲
Other operating charges640/8€303-
Operating profit (loss)9901€2.5m€2.6m▲
Recurring financial income75€207,224€129,731▼
Income from current assets751€207,224€129,545▼
Other financial income752/9-€186
Financial charges65/66B€37,693€33,154▼
Recurring financial charges65€37,693€33,154▼
Other financial charges652/9€37,693€33,154▼
Profit (loss) for the period before taxes9903€2.7m€2.7m▼
Income taxes67/77€934,164€670,649▼
Taxes670/3€934,164€804,201▼
Tax adjustments and reversals of tax provisions77-€133,552
Profit (loss) for the period9904€1.8m€2.0m▲
Profit (loss) for the period to be appropriated9905€1.8m€2.0m▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.8m€2.0m▲
Profit to be distributed694/7€1.8m€2.0m▲
Return on contributions (dividend)694€1.8m€2.0m▲
Social balance
Average headcount (FTE)9087102.5108.3▲

The notes to these accounts (44 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2020202320242025Change
Operating income70/76A€18.5m€41.1m€43.1m€44.3m▲ 2.9%
Own construction capitalised72---€770,200-
Other operating income74€18.5m€41.1m€43.1m€43.6m▲ 1.1%
Operating charges60/66A€17.4m€38.7m€40.6m€41.8m▲ 3.0%
Services and other goods61€8.1m€23.7m€25.7m€25.6m▼ 0.5%
Remuneration, social security and pensions62€9.2m€14.3m€14.1m€15.3m▲ 8.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€92,648€728,893€794,186€888,788▲ 11.9%
Other operating charges640/8-€253€303--
Operating profit (loss)9901€1.1m€2.4m€2.5m€2.6m▲ 1.5%
Financial income75/76B-€729---
Recurring financial income75-€729€207,224€129,731▼ 37.4%
Income from current assets751--€207,224€129,545▼ 37.5%
Other financial income752/9-€729-€186-
Financial charges65/66B€2,711€27,018€37,693€33,154▼ 12.0%
Recurring financial charges65€2,711€27,018€37,693€33,154▼ 12.0%
Other financial charges652/9€2,711€27,018€37,693€33,154▼ 12.0%
Profit (loss) for the period before taxes9903€1.1m€2.4m€2.7m€2.7m▼ 1.3%
Income taxes67/77€345,932€753,918€934,164€670,649▼ 28.2%
Taxes670/3€345,932€753,918€934,164€804,201▼ 13.9%
Tax adjustments and reversals of tax provisions77---€133,552-
Profit (loss) for the period9904€794,962€1.6m€1.8m€2.0m▲ 12.9%
Profit (loss) for the period to be appropriated9905€794,962€1.6m€1.8m€2.0m▲ 12.9%
Line2020202320242025Change
Assets
Total assets20/58€8.5m€18.7m€15.0m€16.1m▲ 7.3%
Fixed assets21/28€898,537€1.3m€1.5m€2.9m▲ 94.7%
Intangible fixed assets21€772,796€965,047€987,697€2.5m▲ 152%
Tangible fixed assets22/27€125,741€354,503€507,159€419,679▼ 17.2%
Plant, machinery and equipment23€125,741€354,503€507,159€419,679▼ 17.2%
Current assets29/58€7.6m€17.4m€13.5m€13.1m▼ 2.4%
Amounts receivable within one year40/41€2.6m€3.8m€12.3m€12.1m▼ 1.4%
Trade receivables40€2.6m€3.4m€3.4m€3.7m▲ 8.7%
Other amounts receivable41€73€328,386€8.8m€8.4m▼ 5.3%
Cash at bank and in hand54/58€4.9m€13.4m€770,984€544,695▼ 29.4%
Deferred charges and accrued income490/1€102,361€216,647€441,526€513,934▲ 16.4%
Equity and liabilities
Total equity and liabilities10/49€8.5m€18.7m€15.0m€16.1m▲ 7.3%
Equity10/15€4.0m€3.2m€3.2m€3.2m=
Contributions10/11€3.2m€3.2m€3.2m€3.2m=
Profit (loss) carried forward14€794,962€0---
Amounts payable17/49€4.5m€15.5m€11.8m€12.9m▲ 9.3%
Amounts payable within one year42/48€4.5m€15.5m€11.8m€12.9m▲ 9.3%
Trade debts44€1.7m€5.9m€5.9m€6.5m▲ 9.3%
Suppliers440/4€1.7m€5.9m€5.9m€6.5m▲ 9.3%
Taxes, remuneration and social security45€2.9m€4.4m€4.1m€4.4m▲ 7.7%
Taxes450/3€286,745€541,884€562,506€615,214▲ 9.4%
Remuneration and social security454/9€2.6m€3.9m€3.5m€3.8m▲ 7.5%
Other amounts payable47/48-€5.2m€1.8m€2.0m▲ 12.9%
Accrued charges and deferred income492/3€500--€746-
Line2020202320242025Change
Profit (loss) for the period9904€794,962€1.6m€1.8m€2.0m▲ 12.9%
+ Depreciation and write-downs630€92,648€728,893€794,186€888,788▲ 11.9%
Operating cash flow (approximation)€887,610€2.3m€2.6m€2.9m▲ 12.6%
Investment in fixed assets (approximation)---€969,492-€2.3m▼ 138%
Change in cash---€12.6m-€226,289▲ 98.2%

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
16-07
State Gazette act Resignation: Antoine Chouc (director)
Appointments: Gildas Bouchet, Yves Bertholomé and Deloitte Bedrijfsrevisoren CVBA7 facts ▸
  • Board meeting, 17-04-2026
  • Director resignation, Antoine Chouc (director)
  • Director appointment, Gildas Bouchet (director)
  • General meeting, 08-05-2026
  • Director appointment, Yves Bertholomé (director)
  • Director appointment, Gildas Bouchet (director)
  • Auditor appointment, Deloitte Bedrijfsrevisoren CVBA (statutory auditor)
12-05
NBB filing Annual accounts filed
fiscal year 2025 · unclassified schema
12-05
NBB filing Annual accounts filed
fiscal year 2025 · full schema
25-03
State Gazette act Resignation: Valérie Vermeire (director)
Appointment: Yves Bertholomé (director) · Registered-office move · Power of attorney5 facts ▸
  • Board meeting, 09/02/2026
  • Registered-office move, Koning Albert II Laan 37, 1030 Schaarbeek
  • Director resignation, Valérie Vermeire (director)
  • Director appointment, Yves Bertholomé (director)
  • Power of attorney, Zeger Biesemans
2025
31-12
Financial Highest result since 2020net €2.0m ▲12.9%
Operating result €2.6m, net result €2.0m, both a record.
16-05
NBB filing Annual accounts filed
fiscal year 2024 · full schema
16-05
NBB filing Annual accounts filed
fiscal year 2024 · unclassified schema
2024
22-05
NBB filing Annual accounts filed
fiscal year 2023 · unclassified schema
22-05
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
26-05
NBB filing Annual accounts filed
fiscal year 2022 · full schema
26-05
NBB filing Annual accounts filed
fiscal year 2022 · unclassified schema
2022
15-06
NBB filing Annual accounts filed
fiscal year 2021 · unclassified schema
09-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.An act published in both Dutch and French appears here once.
4 of 32 acts read
About the unread acts

Of the 32 Belgian State Gazette acts we know for this company, 4 have been read. The other 28 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
2 directors, last change in 2026

Board 2

Yves Bertholomé
Director · since 09-02-2026
Current
Gildas Bouchet
Director · since 16-07-2026
Current

Statutory auditor 1

Deloitte bedrijfsrevisoren CVBA
Statutory auditor · since 16-07-2026 · perm. rep.: Nico Houthaeve
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
28 of this company's 32 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Schaarbeek · 1 establishment unit since 2020
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Koning AlbertII laan 371030 Schaarbeek
1 establishment unit
MWingz
Koning AlbertII laan 37, 1030 SchaarbeekConstruction of utility projects for electricity and telecommunications
since 20202.302.146.134

Mandate history

5 people since 2026, 3 in office
Show
  • Board
  • Statutory auditor
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Yves Bertholomé
  • Director, from 09-02-2026 to date
Gildas Bouchet
  • Director, from 16-07-2026 to date
Deloitte bedrijfsrevisoren CVBA
  • Statutory auditor, from 16-07-2026 to date
Antoine Chouc
  • Director, until 16-07-2026
  • Director, until 16-07-2026
Mw. Valérie Vermeire
  • Director, until 25-03-2026
  • Director, until 25-03-2026
See the board, name and seat on a given date →

Structure & network

Owners and holdings

2 owners

Owners 2

Holdings 0

The accounts to 31-12-2023 list no holdings, and no other source names one.

According to the 2023 annual accounts of MWingz and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

2 current directors
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Recognitions · licences · registrations

Legal Entity Identifier

875500FLCWJ539R38836
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 3,214 companies in sector 62900 we hold annual accounts for 1,746. 394 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded12-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
62900Other information technology and computer services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0738987372
Registered 16-06-2025

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

Register as of 29 September 2026 · Peppol Directory

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