SOWIN
ActiveSummary
The computed 12-month bankruptcy probability of SOWIN is 1.7% (moderate). The 2024 annual accounts show equity of €74k and a net result of €32k. Its solvency ranks better than 43% of 15869 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
65
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability85▼-5
Solvency56▲+1
Growth78
Track record94
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity tight (current ratio 1.39 against 1.36 in 2023; short-term debt: 69.2% and cash: 58.3% of total assets), and 69.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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 dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
30.8%
Return on assets
13.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-07-2025, 2 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
not confirmed
2024
2 d early
2023
6 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€74k▲ 72.1%
2023 · €43k
2023: €43k
2023 → 2024
Total assets
€239k▲ 67.9%
2023 · €142k
2023: €142k
2023 → 2024
Net result
€32k▲ 30.7%
2023 · €24k
2023: €24k
2023 → 2024
Working capital
€64k▲ 79.5%
2023 · €36k
2023: €36k
2023 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20232024Trend
Equity€43k-€74k▲ 72.1%
Operating result€33k-€44k▲ 35.6%
Net result€24k-€32k▲ 30.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2024; 2024 is 36% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €239k
Fixed assets
€9k ▲ 33.6%
Current assets
€230k ▲ 69.7%
Equity and liabilities €239k
Equity
€74k ▲ 72.1%
Debt
€165k ▲ 66.1%
Debt's share of the balance-sheet total falls from 69.9% to 69.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€46k▲
2023 · €34k
Cash flow
€33k▲
2023 · €25k
Current ratio
1.39▲
2023 · 1.36
Debt to equity
2.25▼
2023 · 2.33
ROE
43.0%▼
2023 · 56.6%
ROA
13.3%▼
2023 · 17.0%
Interest coverage
12.03▼
2023 · 27.94
Debt ≤ 1 year
€165k▲
2023 · €100k
Income taxes
€9k▲
2023 · €7k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 40 lines
Balance sheet
Code20232024
Assets
Total assets20/58€142k€239k▲
Fixed assets21/28€7k€9k▲
Tangible fixed assets22/27€7k€9k▲
Furniture and vehicles24€1k€719▼
Other tangible fixed assets26€5k€8k▲
Financial fixed assets28€363€363=
Current assets29/58€135k€230k▲
Amounts receivable within one year40/41€48k€87k▲
Trade receivables40€46k€74k▲
Other amounts receivable41€2k€13k▲
Cash at bank and in hand54/58€87k€139k▲
Deferred charges and accrued income490/1€1k€4k▲
Equity and liabilities
Total equity and liabilities10/49€142k€239k▲
Equity10/15€43k€74k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€40k€71k▲
Amounts payable17/49€100k€165k▲
Amounts payable within one year42/48€100k€165k▲
Trade debts44€41k€73k▲
Suppliers440/4€41k€73k▲
Advances received on contracts in progress46€3k€8k▲
Taxes, remuneration and social security45€7k€840▼
Taxes450/3€7k€840▼
Other amounts payable47/48€48k€83k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲
Other operating charges640/8€99€87▼
Gross operating margin9900€34k€46k▲
Operating profit (loss)9901€33k€44k▲
Financial income75/76B€1€42▲
Recurring financial income75€1€42▲
Financial charges65/66B€1k€4k▲
Recurring financial charges65€1k€4k▲
Profit (loss) for the period before taxes9903€32k€41k▲
Income taxes67/77€7k€9k▲
Profit (loss) for the period9904€24k€32k▲
Profit (loss) for the period to be appropriated9905€24k€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€41k€72k▲
Profit (loss) brought forward from the previous period14P€17k€40k▲
Profit to be distributed694/7€800€833▲
Return on contributions (dividend)694€800€833▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
NBB filing
Directors · office · real estate
Directors
3 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, Beersel · 1 establishment unit since 2021
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.
Grootbosstraat 1351652 BeerselGround area
1,209 m²
Building footprint
251 m²
Volume, LiDAR
2,742 m³
2 parcels, Brussels, Flanders · tallest building 24.0 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
SOWIN
since 20212.316.335.155
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23001B0254/00G021 | Flanders | 776 m² | 1 · 164 m² | 8.3 m · 2 fl. |
| 21612C0056/02P080 | Brussels | 433 m² | 1 · 87 m² | 24.0 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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TANIK CHEM
BE 0457.884.936
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ONURSARI
BE 0673.571.661
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Of 1,803 companies in sector 46831 we hold annual accounts for 1,397. 725 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-04-2021
Fiscal year end31-12
Activities, NACEBEL 2025
46831Wholesale of construction materials, general range
47529Retail trade
73300Public relations and communication consultancy
74130Interior design
74140Other specialised design activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:sophie.windeshausen@gmail.com
Phone:+32472438590