Overdue debts
The annual accounts state €32,420 of overdue tax debts and €3,698 of overdue social security (RSZ) debts on 31-12-2025.
The annual accounts state €32,420 of overdue tax debts and €3,698 of overdue social security (RSZ) debts on 31-12-2025.
Debts exceed assets in financial year 2025.
Of this, €261,055 falls due within a year.
Between 2018 and 2025, 52% of the full-time equivalents disappeared.
Nine of the last ten came late. The 2021 accounts came latest: 31 days after the end of the period.
Less equity than 85% of companies in personal services. Sector median €54,679 · 1,384 companies.
The dashed line is the sector median: 0.7% across 7,626 companies (NACE 96, micro).
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 96, micro). It does better than 26% of them on solvency, 9% on liquidity, 32% on profitability and 76% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Liquidity is insufficient, with a current ratio of 0.08 (0.07 in 2024), below 1. Short-term debt is 77.2% and cash 1.4% of total assets. Equity is negative.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 27 days after the deadline. In the sector (NACE 96), the median for financial year 2024 was on the deadline day, and 48% of those companies filed late.
Shares in 1 company, BHBC PARTNERS
Board & ownership| Company | ||||
|---|---|---|---|---|
| WIN + Bastogne | €338,022 | €222,316 | -6.4% | 4.1 |
| CINCO Antwerp | €251,663 | €249,371 | 73.3% | 4.7 |
| Artistique Roeselare | €424,427 | €226,200 | 69.7% | 3.5 |
| Krezo Zottegem | €253,688 | €138,841 | 49.8% | 3.7 |
| BEAU Enzo Duffel | €282,490 | €320,765 | 76.0% | 4.6 |
| GLOSS Izegem | €337,532 | €230,691 | 32.4% | 4 |
| HAAR & BARBIER Bruges | €324,445 | €158,289 | -3.9% | 3 |
These companies have the same main activity as WIN +: hairdressing and barber services (NACE 96210). They are comparable in size and age: total assets between €252,000 and €424,000, founded between 2001 and 2011.
WIN + files the abbreviated format. That format states no turnover. The gross margin rose from €36,891 in 2011 to €222,316 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
The turnover shown is an estimate from the gross margin.
Turnover ≈ €400,000. Estimated: probably between €290,000 and €450,000.
Higher than 22% of 1,382 companies in 2025.
Lower than 95% of 1,290 companies in 2025.
Higher than 50% of 1,300 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: middle half · Working capital: bottom quarter · Staff: middle half
Staff costs divided by the average number of full-time equivalents.
In 2025, 2 people joined and 4 left. Training hours in 2025: 2,223.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||
20/58 |
338,022 | 352,877 | 368,668 | 381,894 | 247,632 | 251,989 | 272,402 | 292,017 | 358,908 | 421,097 | 421,991 | 460,193 | 292,654 | 157,821 | 147,510 | |
21/28 |
316,881 | 332,626 | 339,895 | 349,549 | 212,280 | 227,104 | 249,036 | 281,699 | 305,508 | 349,965 | 368,056 | 410,841 | 227,594 | 116,997 | 122,870 | |
21 |
- | - | - | - | 7,171 | 14,343 | 23,448 | 32,399 | 41,350 | 50,301 | 59,253 | 75,375 | 77,505 | 14,394 | 16,174 | |
22/27 |
114,531 | 132,626 | 139,895 | 149,549 | 5,109 | 12,761 | 25,589 | 49,300 | 64,158 | 99,664 | 108,803 | 135,466 | 150,089 | 102,603 | 106,696 | |
22 |
102,430 | 117,419 | 121,163 | 127,586 | 537 | 5,256 | 14,849 | 24,646 | 30,181 | 38,760 | 46,249 | 47,826 | 63,258 | 69,324 | 71,042 | |
23 |
894 | 1,335 | 1,775 | 1,831 | 244 | 548 | 476 | 1,052 | 1,942 | 4,399 | 8,102 | 15,122 | 23,721 | 4,765 | 3,729 | |
24 |
11,206 | 13,872 | 16,726 | 18,155 | 605 | 1,130 | 1,712 | 1,400 | 249 | 13,792 | 52,953 | 70,518 | 63,111 | 28,515 | 31,925 | |
26 |
- | - | 231 | 1,977 | 3,723 | 5,827 | 8,551 | 2,404 | 2,088 | 3,117 | 1,500 | 2,000 | - | - | - | |
28 |
202,350 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | 200,000 | - | - | - | |
29/58 |
21,142 | 20,250 | 28,773 | 32,346 | 35,353 | 24,886 | 23,366 | 10,317 | 53,400 | 71,132 | 53,935 | 49,352 | 65,060 | 40,824 | 24,640 | |
3 |
10,239 | 10,588 | 10,828 | 9,148 | 9,008 | 3,465 | 7,049 | 7,020 | 6,870 | 9,990 | 15,010 | 22,033 | 22,459 | 9,340 | 9,331 | |
30/36 |
10,239 | 10,588 | 10,828 | 9,148 | 9,008 | 3,465 | 7,049 | 7,020 | 6,870 | 9,990 | 15,010 | 22,033 | 22,459 | 9,340 | 9,331 | |
40/41 |
5,706 | 3,953 | 3,937 | 5,173 | 7,999 | 14,205 | 3,044 | 561 | 19,377 | 38,265 | 12,766 | 12,748 | 15,870 | 10,822 | 2,113 | |
40 |
130 | - | 3,937 | 5,173 | 7,989 | 14,187 | 3,037 | 528 | 19,360 | 38,236 | 10,406 | 10,406 | 13,933 | 9,335 | 1,808 | |
41 |
5,576 | 3,953 | - | - | 9 | 18 | 7 | 33 | 17 | 29 | 2,360 | 2,342 | 1,937 | 1,487 | 305 | |
54/58 |
4,780 | 5,583 | 5,933 | 8,047 | 14,166 | 772 | 2,313 | 2,324 | 10,956 | 11,121 | 10,257 | 12,696 | 25,794 | 20,215 | 12,934 | |
490/1 |
417 | 127 | 8,074 | 9,977 | 4,180 | 6,444 | 10,960 | 413 | 16,198 | 11,757 | 15,901 | 1,875 | 936 | 447 | 262 | |
| Balance sheet: equity and liabilities | ||||||||||||||||
10/49 |
338,022 | 352,877 | 368,668 | 381,894 | 247,632 | 251,989 | 272,402 | 292,017 | 358,908 | 421,097 | 421,991 | 460,193 | 292,654 | 157,821 | 147,510 | |
10/15 |
-21,588 | -32,762 | -37,086 | -38,955 | 17,647 | 7,970 | 46,439 | 39,831 | 24,949 | 2,503 | -12,920 | -14,749 | 29,630 | 20,499 | 9,076 | |
10/11 |
14,360 | 14,360 | 14,360 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | 12,500 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 6,100 | 6,100 | 6,100 | 6,100 | 6,100 | 6,100 | 6,100 | 6,100 | 6,100 | |
13 |
14,500 | 14,500 | 14,500 | 16,360 | 16,360 | 16,360 | 16,360 | 16,360 | 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 | - | |
1311 |
- | - | - | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | |
133 |
14,500 | 14,500 | 14,500 | 14,500 | 14,500 | 14,500 | 14,500 | 14,500 | - | - | - | - | - | - | - | |
14 |
-50,448 | -61,622 | -65,946 | -67,815 | -11,213 | -20,890 | 17,579 | 10,971 | 10,589 | -11,857 | -27,280 | -29,109 | 15,270 | 6,139 | -3,424 | |
17/49 |
359,610 | 385,638 | 405,754 | 420,849 | 229,986 | 244,019 | 225,963 | 252,186 | 333,959 | 418,594 | 434,910 | 474,941 | 263,024 | 137,322 | 138,434 | |
17 |
28,655 | 43,409 | 57,759 | 71,452 | 65,145 | 62,220 | 58,955 | 66,567 | 104,833 | 179,580 | 216,599 | 275,281 | 130,897 | 95,326 | 102,760 | |
170/4 |
28,655 | 43,409 | 57,759 | 71,452 | 65,145 | 62,220 | 58,955 | 66,567 | 104,833 | 179,580 | 216,599 | 275,281 | 130,897 | 95,326 | 102,760 | |
42/48 |
261,055 | 303,629 | 315,945 | 312,518 | 154,341 | 181,800 | 167,009 | 185,619 | 229,126 | 239,014 | 218,312 | 199,661 | 132,127 | 41,996 | 35,674 | |
42 |
18,627 | 21,834 | 20,781 | 19,773 | 15,977 | 12,599 | 10,146 | 43,012 | 79,251 | 76,309 | 62,806 | 59,690 | 13,604 | 7,434 | 7,526 | |
43 |
5,149 | 5,639 | 5,104 | 5,228 | 2,843 | 3,113 | 4,934 | - | - | 107 | 78 | - | - | - | - | |
430/8 |
5,149 | 5,639 | 5,104 | 5,228 | 2,843 | 3,113 | 4,934 | - | - | 107 | 78 | - | - | - | - | |
44 |
41,761 | 57,376 | 84,226 | 150,636 | 65,701 | 77,384 | 66,445 | 52,955 | 65,962 | 48,732 | 54,795 | 29,867 | 21,445 | 7,409 | 9,242 | |
440/4 |
41,761 | 57,376 | 84,226 | 150,636 | 65,701 | 77,384 | 66,445 | 52,955 | 65,962 | 48,732 | 54,795 | 29,867 | 21,445 | 7,409 | 9,242 | |
45 |
79,555 | 91,161 | 94,608 | 68,450 | 69,820 | 76,726 | 63,182 | 63,279 | 58,947 | 69,824 | 37,187 | 48,378 | 31,700 | 16,407 | 5,038 | |
450/3 |
50,355 | 51,494 | 50,481 | 39,823 | 33,971 | 33,797 | 40,335 | 40,949 | 37,503 | 26,683 | 19,671 | 25,252 | 10,882 | 9,333 | 10 | |
454/9 |
29,200 | 39,667 | 44,127 | 28,627 | 35,849 | 42,929 | 22,847 | 22,330 | 21,444 | 43,142 | 17,516 | 23,126 | 20,818 | 7,074 | 5,029 | |
47/48 |
115,964 | 127,619 | 111,227 | 68,432 | - | 11,978 | 22,301 | 26,372 | 24,965 | 44,041 | 63,446 | 61,726 | 65,378 | 10,746 | 13,868 | |
492/3 |
69,900 | 38,600 | 32,050 | 36,879 | 10,500 | - | - | - | - | - | - | - | - | - | - | |
| Income statement | ||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | 464,285 | 461,582 | 380,679 | 333,395 | 197,686 | 74,836 | |
76A |
420 | 2,371 | 4,206 | 33,529 | 29,419 | 9,886 | 38,441 | 3,180 | 18,224 | 36,777 | 11,486 | 12,293 | 12,307 | 1,934 | - | |
9900 |
222,316 | 210,999 | 208,643 | 200,012 | 149,179 | 112,130 | 269,160 | 259,776 | 300,070 | 273,027 | 239,811 | 167,075 | 180,154 | 90,571 | 36,891 | |
60/61 |
- | - | - | - | - | - | - | - | - | 198,065 | 230,299 | 220,687 | 156,065 | 109,794 | 38,058 | |
62 |
171,734 | 168,955 | 158,323 | 191,463 | 108,893 | 110,149 | 190,365 | 190,629 | 191,888 | 198,434 | 180,680 | 163,761 | 124,590 | 56,018 | 27,475 | |
630 |
18,096 | 18,479 | 19,163 | 14,574 | 14,824 | 22,345 | 23,314 | 33,419 | 33,059 | 38,628 | 46,391 | 41,784 | 35,772 | 18,277 | 7,800 | |
631/4 |
- | - | - | - | - | - | - | - | 726 | 2,328 | - | - | - | - | - | |
640/8 |
824 | 1,066 | 6,476 | 1,227 | 4,029 | 1,599 | 3,009 | 2,808 | 2,705 | 3,914 | 1,619 | 4,335 | 813 | 618 | 2,761 | |
66A |
- | - | 349 | 29,951 | - | 3,513 | 22,448 | - | 13,312 | 32,874 | 775 | 463 | 17,102 | - | - | |
9901 |
31,662 | 22,500 | 24,333 | -37,203 | 21,433 | -25,475 | 30,024 | 32,920 | 58,379 | 29,723 | 11,121 | -42,806 | 18,979 | 15,658 | -1,145 | |
75/76B |
697 | 138 | 1,526 | 321 | - | - | - | - | 0 | 36,777 | 5 | 0 | 3 | - | 8 | |
75 |
697 | 138 | 1,526 | 321 | - | - | - | - | 0 | 0 | 5 | 0 | 3 | - | 8 | |
76B |
- | - | - | - | - | - | - | - | - | 36,777 | - | - | - | - | - | |
65/66B |
21,185 | 18,250 | 23,618 | 19,020 | 10,957 | 12,187 | 14,281 | 12,989 | 21,343 | 49,546 | 19,541 | 13,121 | 4,934 | 4,652 | 2,287 | |
65 |
21,185 | 18,250 | 23,618 | 19,020 | 10,957 | 12,187 | 14,281 | 12,989 | 21,343 | 16,672 | 19,541 | 13,121 | 4,934 | 4,652 | 2,287 | |
66B |
- | - | - | - | - | - | - | - | - | 32,874 | - | - | - | - | - | |
9903 |
11,174 | 4,388 | 2,241 | -55,902 | 10,476 | -37,663 | 15,743 | 19,930 | 37,037 | 16,954 | 2,296 | -44,097 | 9,252 | 12,940 | -3,424 | |
67/77 |
- | 63 | 373 | 700 | 800 | 806 | 9,135 | 5,049 | 14,591 | 1,531 | 467 | 282 | 121 | 1,518 | - | |
9904 |
11,174 | 4,325 | 1,868 | -56,602 | 9,677 | -38,469 | 6,609 | 14,882 | 22,446 | 15,423 | 1,829 | -44,379 | 9,132 | 11,422 | -3,424 | |
9905 |
11,174 | 4,325 | 1,868 | -56,602 | 9,677 | -38,469 | 6,609 | 14,882 | 22,446 | 15,423 | 1,829 | -44,379 | 9,132 | 11,422 | -3,424 | |
| Appropriation of the result | ||||||||||||||||
9906 |
-50,448 | -61,622 | -65,946 | -67,815 | -11,213 | -20,890 | 17,579 | 25,471 | 10,589 | -11,857 | -27,280 | -29,109 | 15,270 | 7,999 | -3,424 | |
14P |
-61,622 | -65,946 | -67,815 | -11,213 | -20,890 | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | 14,500 | - | - | - | - | - | 1,860 | - | |
691 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | - | |
6921 |
- | - | - | - | - | - | - | 14,500 | - | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||||||
9087 |
4.1 | 6.1 | 6.6 | 6.8 | 6.6 | 5.2 | 7.5 | 8.5 | 6.5 | 6 | 6.7 | 7 | 6.3 | 3 | 1.3 | |
Hours worked1013 |
7,632 | 7,421 | 8,095 | 9,175 | 5,647 | 5,227 | 10,283 | 11,463 | 10,074 | 10,436 | 12,156 | 12,118 | 10,422 | 5,034 | 2,403 | |
| Document | ||||||||||||||||
The notes to these accounts have 14 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 31-08-2026.
2025 annual accounts filed 31 days after the deadline. Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00506336.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 31-08-2026 | 2026-00506336 | |
| 31-12-2024 | full format | 29-08-2025 | 2025-00429921 | |
| 31-12-2023 | full format | 30-08-2024 | 2024-00437635 | |
| 31-12-2022 | full format | 30-08-2023 | 2023-00430353 | |
| 31-12-2021 | full format | 31-08-2022 | 2022-20363619 | |
| 31-12-2020 | full format | 13-08-2021 | 2021-48400422 | |
| 31-12-2019 | full format | 27-08-2020 | 2020-45600470 | |
| 31-12-2018 | full format | 21-08-2019 | 2019-48300400 | |
| 31-12-2017 | full format | 06-07-2018 | 2018-30600543 | |
| 31-12-2016 | full format | 08-08-2017 | 2017-41900466 | |
| 31-12-2015 | full format | 19-07-2016 | 2016-33500118 | |
| 31-12-2014 | full format | 13-08-2015 | 2015-42400166 | |
| 31-12-2013 | full format | 23-07-2014 | 2014-34100014 | |
| 31-12-2012 | full format | 02-07-2013 | 2013-26600553 | |
| 31-12-2011 | full format | 24-07-2012 | 2012-33700584 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 49,758 | 40,979 | 43,496 | -22,629 | 36,257 | -3,130 | 53,338 | 66,338 | 91,439 | 68,351 | 57,512 | -1,022 | 54,751 | 33,935 | 6,655 | ||
| 29,270 | 22,804 | 21,031 | -42,027 | 24,500 | -16,124 | 29,923 | 48,300 | 55,505 | 54,051 | 48,220 | -2,595 | 44,904 | 29,699 | 4,376 | ||
| 2,350 | 11,211 | 9,509 | 151,843 | 0 | 412 | 10,449 | 9,610 | 1,414 | 53,411 | 3,606 | 225,494 | 162,872 | 12,404 | 130,670 | ||
| -803 | -350 | -2,114 | -6,119 | 13,394 | -1,541 | -11 | -8,632 | -165 | 863 | -2,438 | -13,099 | 5,579 | 7,281 | - | ||
| -239,913 | -283,379 | -287,172 | -280,173 | -118,988 | -156,914 | -143,643 | -175,301 | -175,726 | -167,882 | -164,377 | -150,309 | -67,067 | -1,172 | -11,033 | ||
| - | - | - | - | - | - | - | - | - | 6.4% | 2.4% | -11.2% | 5.7% | 7.9% | -1.5% | ||
| -6.4% | -9.3% | -10.1% | -10.2% | 7.1% | 3.2% | 17.0% | 13.6% | 7.0% | 0.6% | -3.1% | -3.2% | 10.1% | 13.0% | 6.2% | ||
| 0.08 | 0.07 | 0.09 | 0.10 | 0.23 | 0.14 | 0.14 | 0.06 | 0.23 | 0.30 | 0.25 | 0.25 | 0.49 | 0.97 | 0.69 | ||
| 0.04 | 0.03 | 0.06 | 0.07 | 0.17 | 0.12 | 0.10 | 0.02 | 0.20 | 0.26 | 0.18 | 0.14 | 0.32 | 0.75 | 0.43 | ||
| - | - | - | - | 13.03 | 30.62 | 4.87 | 6.33 | 13.39 | - | - | - | 8.88 | 6.70 | 15.25 | ||
| - | - | - | - | 54.8% | -482.7% | 14.2% | 37.4% | 90.0% | 616.1% | - | - | 30.8% | 55.7% | -37.7% | ||
| 3.3% | 1.2% | 0.5% | -14.8% | 3.9% | -15.3% | 2.4% | 5.1% | 6.3% | 3.7% | 0.4% | -9.6% | 3.1% | 7.2% | -2.3% | ||
| 2.35 | 2.25 | 1.84 | -1.19 | 3.31 | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | 30 days | 8 days | 10 days | 15 days | 17 days | 9 days | ||
| - | - | - | - | - | - | - | - | - | 90 days | 87 days | 49 days | 50 days | 25 days | 89 days |
EBIT margin: not included in this filing.
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 5 | 7 | 7 | 9 | 7 |
| full-time | 2 | 4 | 4 | 7 | 6 |
| part-time | 3 | 3 | 3 | 2 | 1 |
| in full-time equivalents | 4.1 | 6.1 | 6.1 | 8.4 | 6.6 |
| 4.1 | 6.1 | 6.6 | 6.8 | 5.2 | |
| On a permanent contract | 4 | 4 | 4 | 5 | 4 |
| Joined | 2 | 3 | 2 | 3 | 3 |
| Left | 4 | 3 | 4 | 1 | 1 |
| Training hours | 2,223 | 1,773 | 2,795 | - | 538 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Overdue tax debts | €32,420 | €27,370 | €32,881 | €3,828 | - |
| Overdue social security (RSZ) debts | €3,698 | €3,954 | €15,302 | €4,023 | - |
Source: notes to the 2021 to 2025 annual accounts (statement of debts)
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €11,211 | €9,509 | €151,843 | - |
| Financial fixed assets | €2,350 | - | - | - | - |
| €18,096 | €18,479 | €19,163 | €14,574 | €14,824 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 41% higher than in 2024 and the highest since 2018. It is a recovery after the fall in 2024.
Equity is negative. Debt (€359,610) exceeds the balance-sheet total (€338,022).
Source: list of holdings in its own 2025 accounts. Every holding stands with its own latest accounts.
| COLBA INVEST
registered office since 13-09-2019 · founded in 2019 |
total assets €669,526 (2025) 0734.423.325 |
| BHBC PARTNERS
registered office since 01-10-2011 · founded in 2011 |
total assets €390,142 (2025) 0839.386.332 |
| Name | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| BHBC PARTNERS | 25% | |||||||||
Source: list of holdings in its own accounts
The network starts from the directors of WIN +. Every other company they run is a node.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
1 of 2 establishments on the map
| Establishment | Since | Unit number |
|---|---|---|
| Rue du Sablon 211 registered office 6600 Bastogne | ||
| SALON DE COIFFURE Recogne,Avenue de Bouillon 49, 6800 Libramont-Chevigny | 10-12-2010 | 2.193.917.393 |
| Rue du Sablon 213 6600 Bastogne | 01-04-2013 | 2.229.252.020 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 82302B0617/00M000 | 159 m² | 1 · 49 m² | 14.1 m · 4 |
| 82302B0619/00L000 | 148 m² | 1 · 49 m² | 11.5 m · 3 |
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