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@WIN-A

Active
Private limited companyfounded 2006active for 20 yearsRijn 132, 2440 Geel, BelgiumKBO/BCE: BE 0881.459.586

Financials · financial year 2025, abbreviated format

Annual accounts 2025 filed on 09-11-2025 PDF all 19 filings

Turnover
≈ €290,000
Estimated: probably between €230,000 and €350,000
Total assets
€1.1m▲ 9.3%
2024 · €1.0m
Net result
€233,359▲ 7.9%
2024 · €216,226
Working capital
€340,033▼ 24.5%
2024 · €450,639
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

The operating result for 2025 is 10% higher than in 2024 and the highest since 2021. It is the second rise in a row, after the fall in 2023.

Operating result€0.1m 2025 Net result€0.2m 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Legal and accounting activities (NACE 69). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€0.07m-€0.07m▼ 1.8%€0.06m▼ 7.7%€0.1m▲ 61.3%€0.09m▼ 10.0%€0.1m▲ 32.3%€0.1m▲ 10.0%
Net result€0.1m-€0.1mwithin the sector's middle half▼ 7.2%€0.1mwithin the sector's middle half▲ 14.5%€0.2mwithin the sector's middle half▲ 36.0%€0.1mwithin the sector's middle half▼ 18.1%€0.2mwithin the sector's middle half▲ 53.9%€0.2mwithin the sector's middle half▲ 7.9%
Equity€0.6m-€0.6mwithin the sector's middle half▼ 4.0%€0.7mwithin the sector's middle half▲ 21.2%€0.8mwithin the sector's middle half▲ 6.3%€0.9mwithin the sector's middle half▲ 18.3%€0.9mwithin the sector's middle half▼ 1.6%€0.7mwithin the sector's middle half▼ 21.2%
Total assets€0.6m-€0.6mwithin the sector's middle half▼ 4.0%€0.7mwithin the sector's middle half▲ 20.9%€0.9mwithin the sector's middle half▲ 24.0%€0.9mwithin the sector's middle half▲ 1.7%€1.0mwithin the sector's middle half▲ 13.6%€1.1mwithin the sector's middle half▲ 9.3%
Debt€0.002m-€0.002m▼ 1.0%€348▼ 77.6%€0.1m▲ 368×€0.003m▼ 97.8%€0.1m▲ 51×€0.4m▲ 203%
Working capital€0.2m-€0.2mwithin the sector's middle half▼ 5.0%€0.3mwithin the sector's middle half▲ 76.0%€0.3mwithin the sector's middle half▼ 2.0%€0.4mwithin the sector's middle half▲ 27.5%€0.5mwithin the sector's middle half▲ 23.7%€0.3mwithin the sector's middle half▼ 24.5%
Solvency99.7%-99.7%above the sector's middle half=100.0%above the sector's middle half▲ 0.2pp85.7%above the sector's middle half▼ 14.3pp99.7%above the sector's middle half▲ 14.0pp86.4%above the sector's middle half▼ 13.3pp62.2%within the sector's middle half▼ 24.1pp
Current ratio3.26within the sector's middle half4.21above the sector's middle half1.80within the sector's middle half▼ 2.41
Return on assets (ROA)19.1%-18.4%above the sector's middle half▼ 0.6pp17.5%within the sector's middle half▼ 1.0pp19.1%above the sector's middle half▲ 1.7pp15.4%within the sector's middle half▼ 3.7pp20.9%within the sector's middle half▲ 5.5pp20.6%within the sector's middle half▼ 0.3pp
Staff (FTE)0below the sector's middle half0below the sector's middle half
above within below The sector band is the middle half of the companies in Legal and accounting activities (NACE 69). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets €365,172 ▼ 17.8%
Current assets €766,682 ▲ 29.7%
Equity and liabilities €1.1m
Equity €704,456 ▼ 21.2%
Debt €427,397 ▲ 203%
Debt's share of the balance-sheet total rises from 13.6% to 37.8%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€147,284▲
2024 · €135,189
Cash flow
€247,785▲
2024 · €230,653
Debt to equity
0.61▲
2024 · 0.16
ROE
33.1%▲
2024 · 24.2%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€426,648▲
2024 · €140,524
Income taxes
€58,266▲
2024 · €50,902
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item30-09-202230-09-202330-09-202430-09-2025
Tangible fixed assets€2,066€73,623--
Financial fixed assets€51,000--€789
Depreciation and write-downs of the year€102€12,852€14,426€14,426

Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)

Subsidies and aid

Flemish government

2022 to 2023 · 2 entries · €516 awarded · €516 paid
Year Entries AwardedPaid
2023 1 €246€246
2022 1 €270€270
Schemes
2 entries · €516 · €516 paid · Fonds voor Innoveren en Ondernemen

Comparable companies

These companies have the same main activity as @WIN-A: certified accountants and tax accountants (NACE 69201). They are comparable in size and age: total assets between €888,000 and €1.1m, founded between 2005 and 2009.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
@WIN-A Geel2006€1.1m€0.7m€0.2m€0.2m2025
V-Consult Fiscaliteit Hasselt2006€1.1m€0.5m€0.1m€0.2m2025
SAERENS GEERT Meise2006€1.0m€0.9m€0.1m€0.07m2026
KANTOOR VANDERVEREN Leuven2005€1.0m€1.0m€0.2m€0.1m2025
Lithops Gent2006€0.9m€0.5m€0.1m€0.06m2025
G1 Patrimoine Schaarbeek2007€0.9m€0.3m€0.2m€0.05m2025
CEBO INVEST Duffel2009€0.9m€0.5m€0.1m€0.04m2025

They were chosen from the 7,241 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 20,136 companies had the same profile as @WIN-A has now. Two years later, 0.2% had gone bankrupt and 95.0% were still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95.0% was still going

That fits the bankruptcy probability of @WIN-A itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 20,136 companies, not a prediction for @WIN-A. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines

Source: Annual accounts 2025 (PDF), filed on 09-11-2025.

Balance sheet Code20242025
Assets
Total assets20/58€1.0m€1.1m▲
Fixed assets21/28€0.4m€0.4m▼
Tangible fixed assets22/27€0.05m€0.03m▼
Plant, machinery and equipment23€0.008m€0.007m▼
Furniture and vehicles24€0.04m€0.03m▼
Financial fixed assets28€0.4m€0.3m▼
Current assets29/58€0.6m€0.8m▲
Amounts receivable after more than one year29-€0.005m
Other amounts receivable291-€0.005m
Amounts receivable within one year40/41€0.06m€0.06m▼
Trade receivables40€0.02m€0.02m▲
Other amounts receivable41€0.04m€0.04m▼
Current investments50/53€0.4m€0.7m▲
Cash at bank and in hand54/58€0.1m€0.02m▼
Deferred charges and accrued income490/1€0.002m€0.002m▼
Equity and liabilities
Total equity and liabilities10/49€1.0m€1.1m▲
Equity10/15€0.9m€0.7m▼
Contributions10/11€0.02m€0.02m=
Reserves13€0.9m€0.7m▼
Distributable reserves133€0.9m€0.7m▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€0.1m€0.4m▲
Amounts payable within one year42/48€0.1m€0.4m▲
Trade debts44€122€0▼
Suppliers440/4€122€0▼
Taxes, remuneration and social security45€0.001m€0.004m▲
Taxes450/3€0.001m€0.004m▲
Other amounts payable47/48€0.1m€0.4m▲
Accrued charges and deferred income492/3€0.001m€0.001m▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.01m€0.01m=
Other operating charges640/8€0.003m€0.006m▲
Gross operating margin9900€0.1m€0.2m▲
Operating profit (loss)9901€0.1m€0.1m▲
Financial income75/76B€0.1m€0.2m▲
Recurring financial income75€0.1m€0.2m▲
Financial charges65/66B€136€214▲
Recurring financial charges65€136€214▲
Profit (loss) for the period before taxes9903€0.3m€0.3m▲
Income taxes67/77€0.05m€0.06m▲
Profit (loss) for the period9904€0.2m€0.2m▲
Profit (loss) for the period to be appropriated9905€0.2m€0.2m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.2m€0.2m▲
Transfer from equity791/2€0.2m€0.4m▲
Transfer to equity691/2€0.2m€0.2m▲
To other reserves6921€0.2m€0.2m▲
Profit to be distributed694/7€0.2m€0.4m▲
Return on contributions (dividend)694€0.2m€0.4m▲
Social balance sheet
Average headcount (FTE)90870.0-

The notes to these accounts have 13 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€857€652€63€102€12,852€14,426€14,426=
Other operating charges640/8---€1,047€1,447€2,583€5,733▲ 122%
Gross operating margin9900€70,808€69,593€63,642€102,542€105,552€137,772€153,017▲ 11.1%
Operating profit (loss)9901€69,354€68,101€62,871€101,394€91,254€120,763€132,858▲ 10.0%
Financial income75/76B---€110,430€84,986€146,501€158,981▲ 8.5%
Recurring financial income75€78,342€70,750€90,133€110,430€84,986€146,501€158,981▲ 8.5%
Financial charges65/66B---€137€998€136€214▲ 57.7%
Recurring financial charges65€137€134€139€137€998€136€214▲ 57.7%
Profit (loss) for the period before taxes9903€147,559€138,716€152,866€211,687€175,242€267,129€291,625▲ 9.2%
Income taxes67/77€28,766€28,499€26,702€40,149€34,715€50,902€58,266▲ 14.5%
Profit (loss) for the period9904€118,793€110,217€126,163€171,537€140,527€216,226€233,359▲ 7.9%
Profit (loss) for the period to be appropriated9905€139,793€125,717€126,163€171,537€140,527€216,226€233,359▲ 7.9%
Line2019202020212022202320242025Change
Assets
Total assets20/58€0.6m€0.6m€0.7m€0.9m€0.9m€1.0m€1.1m▲ 9.3%
Fixed assets21/28€0.4m€0.4m€0.4m€0.5m€0.5m€0.4m€0.4m▼ 17.8%
Tangible fixed assets22/27€0.001m€63€0€0.002m€0.06m€0.05m€0.03m▼ 29.9%
Plant, machinery and equipment23----€0.009m€0.008m€0.007m▼ 13.5%
Furniture and vehicles24---€0.002m€0.05m€0.04m€0.03m▼ 32.9%
Financial fixed assets28€0.4m€0.4m€0.4m€0.5m€0.5m€0.4m€0.3m▼ 16.3%
Current assets29/58€0.2m€0.2m€0.3m€0.4m€0.4m€0.6m€0.8m▲ 29.7%
Amounts receivable after more than one year29------€0.005m-
Other amounts receivable291------€0.005m-
Amounts receivable within one year40/41€99€338€0.03m€0.05m€0.05m€0.06m€0.06m▼ 0.7%
Trade receivables40---€0.02m€0.01m€0.02m€0.02m▲ 29.2%
Other amounts receivable41---€0.03m€0.04m€0.04m€0.04m▼ 13.9%
Current investments50/53-€0--€0.1m€0.4m€0.7m▲ 59.2%
Cash at bank and in hand54/58€0.2m€0.2m€0.3m€0.4m€0.2m€0.1m€0.02m▼ 79.0%
Deferred charges and accrued income490/1---€0.004m€0.002m€0.002m€0.002m▼ 10.3%
Equity and liabilities
Total equity and liabilities10/49€0.6m€0.6m€0.7m€0.9m€0.9m€1.0m€1.1m▲ 9.3%
Equity10/15€0.6m€0.6m€0.7m€0.8m€0.9m€0.9m€0.7m▼ 21.2%
Contributions10/11€0.2m--€0.02m€0.02m€0.02m€0.02m=
Reserves13€0.5m€0.6m€0.7m€0.7m€0.9m€0.9m€0.7m▼ 21.7%
Distributable reserves133---€0.7m€0.9m€0.9m€0.7m▼ 21.7%
Profit (loss) carried forward14---€0€0€0€0-
Amounts payable17/49€0.002m€0.002m€348€0.1m€0.003m€0.1m€0.4m▲ 203%
Amounts payable within one year42/48€0.002m€0.001m€348€0.1m€0.002m€0.1m€0.4m▲ 204%
Trade debts44€306€298€348€0.001m€0.002m€122€0▼ 100%
Suppliers440/4---€0.001m€0.002m€122€0▼ 100%
Taxes, remuneration and social security45---€149€0€0.001m€0.004m▲ 304%
Taxes450/3---€149€0€0.001m€0.004m▲ 304%
Other amounts payable47/48---€0.1m€0€0.1m€0.4m▲ 203%
Accrued charges and deferred income492/3---€0.001m€288€0.001m€0.001m▲ 3.2%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€118,793€110,217€126,163€171,537€140,527€216,226€233,359▲ 7.9%
+ Depreciation and write-downs630€857€652€63€102€12,852€14,426€14,426=
Operating cash flow (approximation)€119,650€110,870€126,226€171,639€153,379€230,653€247,785▲ 7.4%
Investment in fixed assets (approximation)-€15,058€0-€53,066-€73,623€85,624€64,586▼ 24.6%
Change in cash--€9,235€97,903€94,066-€192,825-€63,150-€80,841▼ 28.0%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 19 filings with the National Bank
Financial year Type Filed Reference Document
30-09-2025 abbreviated format 09-11-2025 2025-00564449 PDF
30-09-2024 abbreviated format 08-11-2024 2024-00532908 PDF
30-09-2023 abbreviated format 02-04-2024 2024-00056186 PDF
30-09-2022 abbreviated format 01-04-2023 2023-00053187 PDF
30-09-2021 abbreviated format 31-03-2022 2022-09600472 PDF
30-09-2020 abbreviated format 30-03-2021 2021-08900591 PDF
30-09-2019 micro format 01-04-2020 2020-08200405 PDF
30-09-2018 micro format 26-03-2019 2019-07800164 PDF
30-09-2017 micro format 28-03-2018 2018-07900269 PDF
30-09-2016 abbreviated format 31-03-2017 2017-07700036 PDF

Show all 19 filings

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