Skip to content

WIN CONCEPT

In bankruptcy Private limited companyfounded 2010Avenue des Chênes 1, 1301 WavreKBO/BCE: BE 0831.081.845
WIN CONCEPT
Financial year 2023
Follow Report

Annual accounts 2023

full format, filed on 18-11-2024, 110 days late
Gross margin
€39,219
▲ 14.7%
Operating result
-€18,418
▲ €54,578
EBITDA
-€14,495
▲ €55,566
Cash flow
-€21,672
▲ €51,352
Solvency
-524.0%
▼ 515.1 percentage points
Current ratio
0.16
▼ 0.54

Money flows

no detail for 2023

Balance sheet

balance sheet total €7,081 on 31-12-2023
What the company ownsHow it is paid for

Change in equityin euro

Change in cashin euro

Position in the sector

Compare with sector

Solvency-524.0%

Lower than 95% of 4,401 companies in 2023.

Current ratio0.16

Higher than 10% of 4,261 companies in 2023.

Return on assets-361.5%

Lower than 95% of 4,376 companies in 2023.

WIN CONCEPT Middle half of the sector 80% of the sector Full accounts in head offices and management consultancy (NACE 70)

Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half · Staff: middle half

Staff

Staff cost per FTE€16,522

Staff costs divided by the average number of full-time equivalents.

Joined and left-2

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202320222021202020192018
Balance sheet: assets
Total assets20/58 7,081130,496106,43478,14084,698199,296
Fixed assets21/28 -30,9004,3115,7777,1228,507
Tangible fixed assets22/27 -30,9004,3115,7777,1228,507
Plant, machinery and equipment23 -13,9303,1334,1774,9022,435
Furniture and vehicles24 -16,9701,1781,6002,2202,880
Assets under construction and advance payments27 -----3,192
Current assets29/58 7,08199,596102,12372,36377,576190,788
Amounts receivable within one year40/41 6,6503252222,9402,6118,820
Trade receivables40 6,650--2,9402,6112,565
Other amounts receivable41 -325222--6,255
Current investments50/53 -60,00060,000---
Cash at bank and in hand54/58 43139,27141,90168,81774,291179,523
Deferred charges and accrued income490/1 ---6066752,445
Balance sheet: equity and liabilities
Total equity and liabilities10/49 7,081130,496106,43478,14084,698199,296
Equity10/15 -37,101-11,50564,45350,32921,45918,657
Contributions10/11 18,60018,60018,60018,60018,60018,600
Issued capital100 ----18,60018,600
Reserves13 1,8601,8601,8601,8601,860-
Non-distributable reserves130/1 1,8601,8601,8601,860--
Legal reserve130 ----1,860-
Reserves not available under the articles1311 1,8601,8601,8601,860--
Profit (loss) carried forward14 -57,561-31,96543,99329,86999957
Amounts payable17/49 44,181142,00241,98027,81163,240180,639
Amounts payable within one year42/48 44,181142,00241,98027,81163,240180,639
Trade debts44 1,68015,8567254752833,781
Suppliers440/4 1,68015,8567254752833,781
Taxes, remuneration and social security45 19,33542,97917,56726,92242,50159,257
Taxes450/3 13,76123,96817,56726,92241,25158,007
Remuneration and social security454/9 5,57419,010--1,2501,250
Other amounts payable47/48 23,16683,16623,68841520,455117,600
Income statement
Turnover70 --41,055---
Non-recurring operating income76A --3,3924,030--
Gross operating margin9900 39,21934,19121,05343,51239,41080,535
Goods, raw materials, services and sundry goods60/61 --23,394---
Remuneration, social security and pensions62 33,044100,415---2,757
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 3,9232,9341,4661,3451,3851,066
Other operating charges640/8 3,2683,837348348398412
Non-recurring operating charges66A 17,401-----
Operating profit (loss)9901 -18,418-72,99519,24041,81937,62776,300
Financial income75/76B -1---0
Recurring financial income75 -1---0
Financial charges65/66B 7,1782,96570428714289
Recurring financial charges65 7,1782,96570428714289
Profit (loss) for the period before taxes9903 -25,595-75,95919,17141,39136,91376,011
Income taxes67/77 --5,04612,52114,11126,026
Profit (loss) for the period9904 -25,595-75,95914,12528,87022,80249,985
Profit (loss) for the period to be appropriated9905 -25,595-75,95914,12528,87022,80249,985
Appropriation of the result
Profit (loss) to be appropriated9906 -57,561-31,96543,99329,86922,859136,257
Profit (loss) brought forward from the previous period14P -31,96543,99329,869---
Transfer to equity691/2 ----1,86018,600
Addition to contributions691 -----18,600
To the legal reserve6920 ----1,860-
Profit to be distributed694/7 ----20,000117,600
Return on contributions (dividend)694 ----20,000117,600
Social balance sheet
Average staff (FTE)9087 22.5---0.1
Hours worked1013 1,1135,268----
Document PDFPDFPDFPDFPDFPDF

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2023 (PDF), filed on 18-11-2024.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank

2023 annual accounts filed 110 days after the deadline. Filed on 18 November 2024, deadline 31 July 2024 (7 months after the close on 31 December 2023, Companies Code art. 3:10). Source: NBB, 2024-00600949.

Financial year Type Filed Reference Document
31-12-2023 full format 18-11-2024 2024-00600949 PDF
31-12-2022 full format 31-07-2023 2023-00308073 PDF
31-12-2021 full format 28-07-2022 2022-20246963 PDF
31-12-2020 full format 20-08-2021 2021-50800247 PDF
31-12-2019 full format 29-06-2020 2020-22300087 PDF
31-12-2018 full format 31-07-2019 2019-42500172 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202320222021202020192018
EBITDA -14,495-70,06120,70643,16439,01277,366
Cash flow -21,672-73,02415,59030,21524,18751,052
Investment in fixed assets (approximation) 9,57529,52309,66803,192
Change in cash -38,841-2,629-26,916-5,474-105,232-
Working capital -37,101-42,40560,14244,55214,33710,150
EBIT margin --46.9%---
Solvency -524.0%-8.8%60.6%64.4%25.3%9.4%
Current ratio 0.160.702.432.601.231.06
Debt to equity --0.650.552.959.68
ROE --21.9%57.4%106.3%267.9%
ROA -361.5%-58.2%13.3%36.9%26.9%25.1%
Interest coverage -2.02-23.63over 100---
Customer credit --2 days---
Supplier credit --11 days---

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.

Social balance sheet

Item31-12-202331-12-2022
Employees at the balance-sheet date13
part-time13
in full-time equivalents0.82.5
Average over the year, in full-time equivalents22.5
On a permanent contract12
Joined029
Left231

Source: social balance sheet in the 2022 to 2023 annual accounts

Investments

fixed assets acquired
Item202320222021
Tangible fixed assets€9,575€29,523-
Depreciation and write-downs of the year€3,923€2,934€1,466

Source: notes to the 2021 to 2023 annual accounts (statement of fixed assets)

Insights on WIN CONCEPT

The operating result for 2023 is a loss of €18,418, smaller than the loss of €72,995 in 2022.

Equity is negative. Debt (€44,181) exceeds the balance-sheet total (€7,081).

We would like to set cookies. That happens only with your consent. What we measure