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Winch 4

Active
Private limited companyfounded 20251 yr activeWaaglaan 120, 1050 Elsene, BelgiumKBO/BCE: BE 1024.796.882
Summary

The computed 12-month bankruptcy probability of Winch 4 is 2.9% (moderate). The 2025 annual accounts show equity of €30k and a net result of €25k. Its solvency ranks better than 14% of 27965 sector peers (fiscal year 2025). The company has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes
Profitability78
Solvency34
Growth-
Track record67
Bankruptcy probability, 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity short (current ratio 0.2; short-term debt: 45.5% and cash: 0.6% of total assets), and 90.7% 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 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
9.3%
Return on assets
7.8%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 27965 sector peers (2025).
NBB · sector comparison
Position among 27965 sector peers
Solvency
better than 14%
← weakest strongest →
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 06-07-2026, 25 days ahead of the deadline.
NBB · 1 filing
Deviation from the deadline
2025
25 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Winch 4 was incorporated on 27 June 2025 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

Financials · fiscal year 2025, micro schema

Equity
€30k
Total assets
€326k
Net result
€25k
Working capital
€-119k

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €326k
Fixed assets €296k
Current assets €30k
Equity and liabilities €326k
Equity €30k
Debt €296k
Debt finances 90.7% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€41k
Cash flow
€29k
Current ratio
0.20
Debt to equity
9.75
ROE
83.5%
ROA
7.8%
Interest coverage
11.87
Debt ≤ 1 year
€148k
Debt > 1 year
€147k
Income taxes
€9k
Annual accounts
Filed annual accounts As filed with the NBB · 2025 · 36 lines
Balance sheet Code2025
Assets
Total assets20/58€326k
Fixed assets21/28€296k
Tangible fixed assets22/27€16k
Furniture and vehicles24€16k
Financial fixed assets28€280k
Current assets29/58€30k
Amounts receivable within one year40/41€26k
Trade receivables40€26k
Other amounts receivable41€3
Cash at bank and in hand54/58€2k
Deferred charges and accrued income490/1€2k
Equity and liabilities
Total equity and liabilities10/49€326k
Equity10/15€30k
Contributions10/11€5k
Profit (loss) carried forward14€25k
Amounts payable17/49€296k
Amounts payable after more than one year17€147k
Financial debts170/4€147k
Amounts payable within one year42/48€148k
Current portion of amounts payable after more than one year42€23k
Trade debts44€579
Suppliers440/4€579
Taxes, remuneration and social security45€13k
Taxes450/3€13k
Other amounts payable47/48€112k
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k
Other operating charges640/8€646
Gross operating margin9900€42k
Operating profit (loss)9901€38k
Financial charges65/66B€3k
Recurring financial charges65€3k
Profit (loss) for the period before taxes9903€34k
Income taxes67/77€9k
Profit (loss) for the period9904€25k
Profit (loss) for the period to be appropriated9905€25k
Appropriation of the result
Profit (loss) to be appropriated9906€25k

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k
Other operating charges640/8€646
Gross operating margin9900€42k
Operating profit (loss)9901€38k
Financial charges65/66B€3k
Recurring financial charges65€3k
Profit (loss) for the period before taxes9903€34k
Income taxes67/77€9k
Profit (loss) for the period9904€25k
Profit (loss) for the period to be appropriated9905€25k
Line2025
Assets
Total assets20/58€326k
Fixed assets21/28€296k
Tangible fixed assets22/27€16k
Furniture and vehicles24€16k
Financial fixed assets28€280k
Current assets29/58€30k
Amounts receivable within one year40/41€26k
Trade receivables40€26k
Other amounts receivable41€3
Cash at bank and in hand54/58€2k
Deferred charges and accrued income490/1€2k
Equity and liabilities
Total equity and liabilities10/49€326k
Equity10/15€30k
Contributions10/11€5k
Profit (loss) carried forward14€25k
Amounts payable17/49€296k
Amounts payable after more than one year17€147k
Financial debts170/4€147k
Amounts payable within one year42/48€148k
Current portion of amounts payable after more than one year42€23k
Trade debts44€579
Suppliers440/4€579
Taxes, remuneration and social security45€13k
Taxes450/3€13k
Other amounts payable47/48€112k
Line2025
Profit (loss) for the period9904€25k
+ Depreciation and write-downs630€3k
Operating cash flow (approximation)€29k

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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More with these figures Sector benchmark What changed Value indication

Timeline · acts, filings and financial milestones

2026
06-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Elsene · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
291 m²
Building footprint
189 m²
Volume, LiDAR
3,203 m³
Parcel 21446D0179/00P000, Brussels · tallest building 24.1 m, ±6 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
Winch 4
Waaglaan 120, 1050 ElseneForging of metal
since 20252.375.823.968
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21446D0179/00P000 Brussels 291 m² 1 · 189 m² 24.1 m · 6 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.

Similar companies · same sector, comparable size

Of 20,028 companies in sector 43320 we hold annual accounts for 9,133. 6,803 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
Founded27-06-2025
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation

Scores and ratios are computed by Checked and are not a credit decision.