WIN
ActiveSummary
WIN has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44,303 and a net result of €808. Equity is growing by ~18.7% per year across the filed fiscal years. Its solvency ranks better than 61% of 18606 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability34▼-9
Solvency72=
Growth53▼-8
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days acceptable
Liquidity ample (current ratio 2.1 against 2.18 in 2024; short-term debt: 40% and cash: 11.7% of total assets), but 53.4% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
46.6%
Return on assets
0.8%
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 03-06-2026, 58 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
58 d early
2024
13 d early
2023
19 d early
2022
8 d late
2021
8 d late
2020
64 d early
2019
21 d late
← 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 17 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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 18 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Turnover
€336,112▼ 41.1%
2024 · €570,555
EBIT margin
1.1%▼ 1.3pp
2024 · 2.4%
Net result
€808▼ 87.1%
2024 · €6,256
Working capital
€41,751▲ 1.9%
2024 · €40,956
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, 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
Line20212022202320242025
Turnover€821,659▼ 0.3%€715,195▼ 13.0%€570,555€336,112▼ 41.1%
Operating result€6,398€30,500▲ 377%€20,229▼ 33.7%€13,601▼ 32.8%€3,799▼ 72.1%
Net result€3,259within the sector's middle half€26,471above the sector's middle half▲ 712%€13,346within the sector's middle half▼ 49.6%€6,256within the sector's middle half▼ 53.1%€808within the sector's middle half▼ 87.1%
EBIT margin0.8%▲ 3.5pp4.3%▲ 3.5pp2.4%1.1%▼ 1.3pp
Equity-€2,578below the sector's middle half▲ 55.8%€23,892within the sector's middle half€37,239within the sector's middle half▲ 55.9%€43,495within the sector's middle half▲ 16.8%€44,303within the sector's middle half▲ 1.9%
Total assets€99,106within the sector's middle half▼ 33.7%€101,500within the sector's middle half▲ 2.4%€97,964within the sector's middle half▼ 3.5%€93,401within the sector's middle half▼ 4.7%€95,088within the sector's middle half▲ 1.8%
Debt€101,684▼ 34.6%€77,608▼ 23.7%€60,725▼ 21.8%€49,906▼ 17.8%€50,785▲ 1.8%
Working capital-€14,566below the sector's middle half€11,905within the sector's middle half€42,251within the sector's middle half▲ 255%€40,956within the sector's middle half▼ 3.1%€41,751within the sector's middle half▲ 1.9%
Solvency-2.6%below the sector's middle half▲ 1.3pp23.5%within the sector's middle half▲ 26.1pp38.0%within the sector's middle half▲ 14.5pp46.6%within the sector's middle half▲ 8.6pp46.6%within the sector's middle half=
Current ratio0.86below the sector's middle half▼ 0.441.15within the sector's middle half▲ 0.301.97within the sector's middle half▲ 0.812.18within the sector's middle half▲ 0.212.10within the sector's middle half▼ 0.08
Return on assets (ROA)3.3%within the sector's middle half▲ 22.1pp26.1%above the sector's middle half▲ 22.8pp13.6%above the sector's middle half▼ 12.5pp6.7%within the sector's middle half▼ 6.9pp0.8%within the sector's middle half▼ 5.8pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 72% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €95,088
Fixed assets
€15,259 ▼ 13.5%
Current assets
€79,829 ▲ 5.4%
Equity and liabilities €95,088
Equity
€44,303 ▲ 1.9%
Debt
€50,785 ▲ 1.8%
Debt's share of the balance-sheet total stays at 53.4%.
Key figures and ratios
EBITDA
€6,182▼
2024 · €15,095
Cash flow
€3,191▼
2024 · €7,751
Quick ratio
0.34▼
2024 · 0.44
Debt to equity
1.15▼
2024 · 1.15
ROE
1.8%▼
2024 · 14.4%
Interest coverage
2.12▼
2024 · 2.61
Debt ≤ 1 year
€38,078▲
2024 · €34,803
Debt > 1 year
€12,707▼
2024 · €15,103
Income taxes
€202▼
2024 · €1,564
Staff costs
€3,599
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
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: 1.4% 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%.
| 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 17,027 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €821,659 | €715,195 | - | €570,555 | €336,112 | ▼ 41.1% |
| Goods, raw materials, services and sundry goods60/61 | €753,172 | €699,601 | - | €583,019 | €342,653 | ▼ 41.2% |
| Remuneration, social security and pensions62 | €71,329 | €1,288 | - | - | €3,599 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | €1,495 | €2,383 | ▲ 59.4% |
| Other operating charges640/8 | €3,447 | €4,242 | €2,010 | €2,851 | €3,511 | ▲ 23.1% |
| Gross operating margin9900 | €81,175 | €36,030 | €22,238 | €17,947 | €13,291 | ▼ 25.9% |
| Operating profit (loss)9901 | €6,398 | €30,500 | €20,229 | €13,601 | €3,799 | ▼ 72.1% |
| Financial income75/76B | - | - | - | - | €121 | - |
| Recurring financial income75 | - | - | - | - | €121 | - |
| Financial charges65/66B | €3,140 | €3,542 | €3,542 | €5,780 | €2,910 | ▼ 49.7% |
| Recurring financial charges65 | €3,140 | €3,542 | €3,542 | €5,780 | €2,910 | ▼ 49.7% |
| Profit (loss) for the period before taxes9903 | €3,259 | €26,958 | €16,687 | €7,820 | €1,010 | ▼ 87.1% |
| Income taxes67/77 | - | €488 | €3,340 | €1,564 | €202 | ▼ 87.1% |
| Profit (loss) for the period9904 | €3,259 | €26,471 | €13,346 | €6,256 | €808 | ▼ 87.1% |
| Profit (loss) for the period to be appropriated9905 | €3,259 | €26,471 | €13,346 | €6,256 | €808 | ▼ 87.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €99,106 | €101,500 | €97,964 | €93,401 | €95,088 | ▲ 1.8% |
| Fixed assets21/28 | €11,988 | €11,988 | €11,988 | €17,642 | €15,259 | ▼ 13.5% |
| Tangible fixed assets22/27 | - | - | - | €5,654 | €3,271 | ▼ 42.1% |
| Furniture and vehicles24 | - | - | - | €5,654 | €3,271 | ▼ 42.1% |
| Financial fixed assets28 | €11,988 | €11,988 | €11,988 | €11,988 | €11,988 | = |
| Current assets29/58 | €87,118 | €89,513 | €85,976 | €75,759 | €79,829 | ▲ 5.4% |
| Stocks and contracts in progress3 | €75,406 | €79,180 | €78,687 | €60,374 | €66,698 | ▲ 10.5% |
| Stocks30/36 | €75,406 | €79,180 | €78,687 | €60,374 | €66,698 | ▲ 10.5% |
| Amounts receivable within one year40/41 | - | €5 | €2,295 | €2,362 | €1,550 | ▼ 34.4% |
| Other amounts receivable41 | - | €5 | €2,295 | €2,362 | €1,550 | ▼ 34.4% |
| Cash at bank and in hand54/58 | €10,858 | €10,221 | €4,769 | €12,647 | €11,097 | ▼ 12.3% |
| Deferred charges and accrued income490/1 | €854 | €107 | €225 | €377 | €484 | ▲ 28.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €99,106 | €101,500 | €97,964 | €93,401 | €95,088 | ▲ 1.8% |
| Equity10/15 | -€2,578 | €23,892 | €37,239 | €43,495 | €44,303 | ▲ 1.9% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €3,342 | €3,342 | €3,342 | €3,342 | €3,342 | = |
| Non-distributable reserves130/1 | €369 | €369 | €369 | €369 | €369 | = |
| Reserves not available under the articles1311 | €369 | €369 | €369 | €369 | €369 | = |
| Distributable reserves133 | €2,973 | €2,973 | €2,973 | €2,973 | €2,973 | = |
| Profit (loss) carried forward14 | -€24,520 | €1,951 | €15,297 | €21,554 | €22,362 | ▲ 3.7% |
| Amounts payable17/49 | €101,684 | €77,608 | €60,725 | €49,906 | €50,785 | ▲ 1.8% |
| Amounts payable after more than one year17 | - | - | €17,000 | €15,103 | €12,707 | ▼ 15.9% |
| Financial debts170/4 | - | - | - | €15,103 | €12,707 | ▼ 15.9% |
| Other amounts payable178/9 | - | - | €17,000 | - | - | - |
| Amounts payable within one year42/48 | €101,684 | €77,608 | €43,725 | €34,803 | €38,078 | ▲ 9.4% |
| Trade debts44 | €57,760 | €39,518 | €25,388 | €24,462 | €29,914 | ▲ 22.3% |
| Suppliers440/4 | €57,760 | €39,518 | €25,388 | €24,462 | €29,914 | ▲ 22.3% |
| Taxes, remuneration and social security45 | €43,924 | €38,091 | €9,687 | €10,341 | €6,485 | ▼ 37.3% |
| Taxes450/3 | €3,450 | €1,182 | €4,887 | €6,801 | €3,291 | ▼ 51.6% |
| Remuneration and social security454/9 | €40,474 | €36,908 | €4,800 | €3,540 | €3,194 | ▼ 9.8% |
| Other amounts payable47/48 | - | - | €8,650 | - | €1,679 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,259 | €26,471 | €13,346 | €6,256 | €808 | ▼ 87.1% |
| + Depreciation and write-downs630 | - | - | - | €1,495 | €2,383 | ▲ 59.4% |
| Operating cash flow (approximation) | €3,259 | €26,471 | €13,346 | €7,751 | €3,191 | ▼ 58.8% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€7,149 | €0 | ▲ 100% |
| Change in cash | - | -€637 | -€5,451 | €7,878 | -€1,550 | ▼ 120% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
2022
31-12
Financial
Highest result since 2018net €26,471 ▲712%
Operating result €30,500, net result €26,471, both a record.
08-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 8 days late
2021
31-12
Financial
Back to profitnet €3,259
Net result €3,259 after one loss-making year.
28-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet -€28,195
Net result drops to -€28,195, the lowest in the series; recovery starts the following year.
21-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 21 days late
2019
31-12
Financial
Back to profitnet €5,324
Net result €5,324 after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
14-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 14 days late
2017
27-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Sint-Jans-Molenbeek · 2 establishment units since 2002
Ground area
231 m²
Building footprint
124 m²
Volume, LiDAR
1,947 m³
2 parcels, Brussels, Flanders · tallest building 19.0 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
Gentsesteenweg 128, 1080 Sint-Jans-Molenbeek
since 20022.094.675.705
WIN
since 20182.277.264.941
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1119/00G005 | Flanders | 124 m² | 1 · 124 m² | 19.0 m · 6 fl. |
| 21522B0668/00H000 | Brussels | 107 m² | - | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.277.264.941
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Of 6,495 companies in sector 47716 we hold annual accounts for 2,440. 1,835 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
Founded01-10-2001
Fiscal year end31-12
Activities, NACEBEL 2025
47716Retail sale of clothing and accessories for women, men, children and babies (general range)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0475743032
Also
9925:BE0475743032
Registered
30-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.