Equity
Debts exceed assets in financial year 2025.
Debts exceed assets in financial year 2025.
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
Short-term debts fell from €131,801 to €87,016.
Nine of the last ten came late. The 2019 accounts came latest: 89 days after the end of the period.
Lower solvency than 95% of companies in real estate. Sector median 31.0% · 19,803 companies.
In July 2024, 6,909 companies had the same profile as WINCONCEPT has now. Each dot stands for 18 companies, two years later.
Another 0.7% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 6,909 companies, not a prediction for WINCONCEPT. 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.
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.
| Company | ||||
|---|---|---|---|---|
| WINCONCEPT Trooz | €26,360 | €14,360 | -230.1% | - |
| San. Ti. Bat Soumagne | €33,682 | €12,439 | 46.0% | - |
| CASA CAMPO Huldenberg | €31,642 | €9,924 | 93.8% | - |
| DP-IMMO Namur | €22,779 | €12,738 | 61.3% | - |
| dC Vaart Hasselt | €29,844 | €8,372 | -354.2% | - |
| RENOPARTNER Kalmthout | €33,852 | €17,918 | 47.3% | - |
| HOME & PRIVILEGE Beauvechain | €22,819 | €13,289 | 18.0% | - |
These companies have the same main activity as WINCONCEPT: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €22,800 and €33,900, founded between 2011 and 2015.
WINCONCEPT files the micro format. That format states no turnover. The gross margin rose from -€9,648 in 2014 to €14,360 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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