WIN23
ActiveSummary
The computed 12-month bankruptcy probability of WIN23 is 1.7% (moderate). The 2024 annual accounts show equity of €219,389 and a net result of €69,689. Equity is growing by ~25% per year across the filed fiscal years. Its solvency ranks better than 79% of 998 sector peers (fiscal year 2024). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+98
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €12,000 at 30 days only on tighter terms
Liquidity ample (current ratio 4.8 against 6.04 in 2023; short-term debt: 20% and cash: 12.9% of total assets), and 20% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 78
Relative position
BE, all sectors
reference
Employment activities (NACE 78)
about 17% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-08-2026, 392 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
392 d late
2023
267 d late
2022
87 d late
2021
80 d late
2020
145 d late
2019
7 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 161 days after the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 30% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€219,389▲ 46.6%
2023 · €149,700
Total assets
€274,334▲ 55.2%
2023 · €176,731
Net result
€69,689
2023 · -€27,775
Working capital
€209,016▲ 53.5%
2023 · €136,165
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 78, Employment activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€52,564▲ 113%€99,049▲ 88.4%€48,331▼ 51.2%€5,714▼ 88.2%€96,588▲ 1,590%
Net result€41,462above the sector's middle half▲ 68.3%€73,899above the sector's middle half▲ 78.2%€31,483within the sector's middle half▼ 57.4%-€27,775below the sector's middle half€69,689above the sector's middle half
Equity€71,793within the sector's middle half▲ 137%€145,992above the sector's middle half▲ 103%€177,475above the sector's middle half▲ 21.6%€149,700above the sector's middle half▼ 15.6%€219,389above the sector's middle half▲ 46.6%
Total assets€87,367within the sector's middle half▲ 115%€182,525within the sector's middle half▲ 109%€230,984within the sector's middle half▲ 26.5%€176,731within the sector's middle half▼ 23.5%€274,334above the sector's middle half▲ 55.2%
Debt€15,575▲ 50.0%€36,533▲ 135%€53,509▲ 46.5%€27,031▼ 49.5%€54,945▲ 103%
Working capital€63,984within the sector's middle half▲ 111%€139,819above the sector's middle half▲ 119%€163,828above the sector's middle half▲ 17.2%€136,165above the sector's middle half▼ 16.9%€209,016above the sector's middle half▲ 53.5%
Solvency82.2%above the sector's middle half▲ 7.7pp80.0%above the sector's middle half▼ 2.2pp76.8%above the sector's middle half▼ 3.2pp84.7%above the sector's middle half▲ 7.9pp80.0%above the sector's middle half▼ 4.7pp
Current ratio5.11above the sector's middle half▲ 1.194.83above the sector's middle half▼ 0.284.06above the sector's middle half▼ 0.776.04above the sector's middle half▲ 1.984.80above the sector's middle half▼ 1.23
Return on assets (ROA)47.5%above the sector's middle half▼ 13.0pp40.5%above the sector's middle half▼ 7.0pp13.6%within the sector's middle half▼ 26.9pp-15.7%below the sector's middle half▼ 29.3pp25.4%within the sector's middle half▲ 41.1pp
above
within
below
the middle half (P25 to P75) of NACE 78, Employment activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 1,590% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €274,334
Fixed assets
€10,373 ▼ 23.4%
Current assets
€263,962 ▲ 61.7%
Equity and liabilities €274,334
Equity
€219,389 ▲ 46.6%
Debt
€54,945 ▲ 103%
Debt's share of the balance-sheet total rises from 15.3% to 20.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€99,751▲
2023 · €8,674
Cash flow
€72,851▲
2023 · -€24,815
Debt to equity
0.25▲
2023 · 0.18
ROE
31.8%▲
2023 · -18.6%
Interest coverage
214.24▲
2023 · 0.19
Debt ≤ 1 year
€54,945▲
2023 · €27,031
Income taxes
€26,434▲
2023 · €6,350
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 26,975 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €348 | €1,636 | €2,133 | €2,960 | €3,163 | ▲ 6.9% |
| Other operating charges640/8 | - | €50 | €983 | €0 | €400 | - |
| Gross operating margin9900 | €54,301 | €100,735 | €51,447 | €8,674 | €100,151 | ▲ 1,055% |
| Operating profit (loss)9901 | €52,564 | €99,049 | €48,331 | €5,714 | €96,588 | ▲ 1,590% |
| Financial income75/76B | - | €0 | €1,427 | €17,645 | €0 | ▼ 100% |
| Recurring financial income75 | €6,843 | €0 | €1,427 | €17,645 | €0 | ▼ 100% |
| Financial charges65/66B | - | €242 | €4,689 | €44,784 | €466 | ▼ 99.0% |
| Recurring financial charges65 | €7,238 | €242 | €4,689 | €44,784 | €466 | ▼ 99.0% |
| Profit (loss) for the period before taxes9903 | €52,169 | €98,807 | €45,068 | -€21,424 | €96,122 | ▲ 549% |
| Income taxes67/77 | €10,707 | €24,907 | €13,586 | €6,350 | €26,434 | ▲ 316% |
| Profit (loss) for the period9904 | €41,462 | €73,899 | €31,483 | -€27,775 | €69,689 | ▲ 351% |
| Profit (loss) for the period to be appropriated9905 | €41,462 | €73,899 | €31,483 | -€27,775 | €69,689 | ▲ 351% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €87,367 | €182,525 | €230,984 | €176,731 | €274,334 | ▲ 55.2% |
| Fixed assets21/28 | €7,809 | €6,173 | €13,647 | €13,535 | €10,373 | ▼ 23.4% |
| Tangible fixed assets22/27 | €7,809 | €6,173 | €13,647 | €13,535 | €10,373 | ▼ 23.4% |
| Plant, machinery and equipment23 | - | - | €7,130 | €6,377 | €5,621 | ▼ 11.9% |
| Furniture and vehicles24 | - | €6,173 | €6,517 | €7,158 | €4,752 | ▼ 33.6% |
| Current assets29/58 | €79,559 | €176,352 | €217,337 | €163,196 | €263,962 | ▲ 61.7% |
| Amounts receivable within one year40/41 | €56,168 | €4,635 | €4,475 | €143,965 | €227,820 | ▲ 58.2% |
| Trade receivables40 | - | €2,740 | €4,475 | €2,031 | €14,499 | ▲ 614% |
| Other amounts receivable41 | - | €1,895 | €0 | €141,934 | €213,321 | ▲ 50.3% |
| Current investments50/53 | - | - | €183,900 | €0 | - | - |
| Cash at bank and in hand54/58 | €23,390 | €171,717 | €28,961 | €19,231 | €35,492 | ▲ 84.6% |
| Deferred charges and accrued income490/1 | - | - | - | - | €649 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €87,367 | €182,525 | €230,984 | €176,731 | €274,334 | ▲ 55.2% |
| Equity10/15 | €71,793 | €145,992 | €177,475 | €149,700 | €219,389 | ▲ 46.6% |
| Contributions10/11 | - | €6,000 | €6,000 | €6,000 | €6,000 | = |
| Profit (loss) carried forward14 | €66,093 | €139,992 | €171,475 | €143,700 | €213,389 | ▲ 48.5% |
| Amounts payable17/49 | €15,575 | €36,533 | €53,509 | €27,031 | €54,945 | ▲ 103% |
| Amounts payable within one year42/48 | €15,575 | €36,533 | €53,509 | €27,031 | €54,945 | ▲ 103% |
| Financial debts43 | - | - | - | €114 | €1,728 | ▲ 1,416% |
| Credit institutions430/8 | - | - | - | €114 | €1,728 | ▲ 1,416% |
| Trade debts44 | €3,101 | €1,300 | €3,776 | €6,981 | €4,687 | ▼ 32.9% |
| Suppliers440/4 | - | €1,300 | €3,776 | €6,981 | €4,687 | ▼ 32.9% |
| Advances received on contracts in progress46 | - | - | €10,921 | €0 | - | - |
| Taxes, remuneration and social security45 | - | €35,233 | €35,543 | €19,936 | €48,530 | ▲ 143% |
| Taxes450/3 | - | €35,233 | €35,543 | €19,936 | €48,530 | ▲ 143% |
| Other amounts payable47/48 | - | - | €3,269 | €0 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €41,462 | €73,899 | €31,483 | -€27,775 | €69,689 | ▲ 351% |
| + Depreciation and write-downs630 | €348 | €1,636 | €2,133 | €2,960 | €3,163 | ▲ 6.9% |
| Operating cash flow (approximation) | €41,809 | €75,535 | €33,616 | -€24,815 | €72,851 | ▲ 394% |
| Investment in fixed assets (approximation) | - | €0 | -€9,607 | -€2,848 | €0 | ▲ 100% |
| Change in cash | - | €148,327 | -€142,756 | -€9,731 | €16,261 | ▲ 267% |
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
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 392 days late
2025
24-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 267 days late
2024
31-12
Financial
Back to profitnet €69,689
Net result €69,689 after one loss-making year.
31-12
Financial
Equity above €200,000Eq €219,389 ▲46.6%
Equity rises from €149,700 to €219,389.
2023
31-12
Financial
Weakest financial yearnet -€27,775
Net result drops to -€27,775, the lowest in the series; recovery starts the following year.
26-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 87 days late
2022
31-12
Financial
Equity above €150,000Eq €177,475 ▲21.6%
4 profitable years in a row build equity to €177,475.
19-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 80 days late
2021
31-12
Financial
Highest result since 2019net €73,899 ▲78.2%
Operating result €99,049, net result €73,899, both a record.
31-12
Financial
Equity above €100,000Eq €145,992 ▲103%
3 profitable years in a row build equity to €145,992.
23-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 145 days late
2020
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
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
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Schaarbeek · 1 establishment unit since 2019
Ground area
157 m²
Building footprint
96 m²
Volume, LiDAR
899 m³
Parcel 21904B0485/00C002, Brussels · tallest building 13.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
WIN23
since 20192.297.042.746
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21904B0485/00C002 | Brussels | 157 m² | 1 · 96 m² | 13.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Legal Entity Identifier
699400NC7E5D7AF3RL66
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Of 2,357 companies in this sector we hold annual accounts for 1,365. 1,047 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded24-09-2019
Fiscal year end31-12
Activities, NACEBEL 2025
78100Employment placement agencies
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
73300Public relations and communication consultancy
82300Organisation of conventions and trade shows
85599Other education
E-invoicing
Reachable via Peppol
Peppol ID
0208:0734837653
Registered
20-11-2020
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.