WINCONCEPT
ActiveSummary
The computed 12-month bankruptcy probability of WINCONCEPT is 1.9% (moderate). The 2025 annual accounts show equity of €436,671 and a net result of €52,539. Equity is growing by ~25.8% per year across the filed fiscal years. Its solvency ranks better than 29% of 7900 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability51▼-11
Solvency52▼-11
Growth78=
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €18,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.29 against 1.54 in 2024; short-term debt: 73.3% and cash: 4.8% of total assets), and 73.3% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
26.7%
Return on assets
3.2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 20-08-2026, 20 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
20 d late
2024
22 d late
2023
22 d late
2022
91 d late
2021
205 d late
2020
27 d late
← 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 65 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
In the rankings
#5 company by total assets in Juprelle, Construction sector#5 company by equity in Juprelle, Construction sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€52,539▲ 11.4%
2024 · €47,142
Working capital
€348,112▲ 3.5%
2024 · €336,438
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€55,530▲ 54.6%€310,838▲ 460%€82,795▼ 73.4%€107,231▲ 29.5%€114,098▲ 6.4%
Net result€36,798▲ 49.3%€227,587▲ 518%€42,963▼ 81.1%€47,142▲ 9.7%€52,539▲ 11.4%
Equity€66,440▲ 124%€294,027▲ 343%€336,990▲ 14.6%€384,132▲ 14.0%€436,671▲ 13.7%
Total assets€548,596▲ 391%€720,732▲ 31.4%€795,574▲ 10.4%€1.0m▲ 27.4%€1.6m▲ 61.6%
Debt€482,156▲ 487%€426,705▼ 11.5%€458,583▲ 7.5%€629,319▲ 37.2%€1.2m▲ 90.9%
Working capital€51,143▲ 200%€277,287▲ 442%€320,427▲ 15.6%€336,438▲ 5.0%€348,112▲ 3.5%
Staff (FTE)0.62▲ 233%2.4▲ 20.0%2.4=
Why a figure moved sharply
- 2025 Total assets +62% on 2024. Cause not known from the registers.
- 2023 Net result -81% on 2022. The accounts now follow the full schema, last year the micro schema.
- 2022 Net result +518%, Equity +343% on 2021. Cause not known from the registers.
- 2021 Total assets +391% on 2020. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 6% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.6m
Fixed assets
€88,558 ▲ 78.8%
Current assets
€1.5m ▲ 60.7%
Equity and liabilities €1.6m
Equity
€436,671 ▲ 13.7%
Debt
€1.2m ▲ 90.9%
Debt's share of the balance-sheet total rises from 62.1% to 73.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€138,245▲
2024 · €126,672
Cash flow
€76,687▲
2024 · €66,583
Current ratio
1.29▼
2024 · 1.54
Quick ratio
1.02▼
2024 · 1.22
Debt to equity
2.75▲
2024 · 1.64
ROE
12.0%▼
2024 · 12.3%
ROA
3.2%▼
2024 · 4.7%
Interest coverage
3.43▼
2024 · 4.50
Debt ≤ 1 year
€1.2m▲
2024 · €627,488
Debt > 1 year
€0▼
2024 · €1,831
Income taxes
€21,421▼
2024 · €32,391
Staff costs
€268,200▲
2024 · €99,727
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,270 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 10 to 30%
- a profit under 5% of the balance sheet
2.1%
went bankrupt
2.5%
stopped otherwise
95%
still going
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.9% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 3,270 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €1,403 | - |
| Remuneration, social security and pensions62 | €95 | €15,901 | €63,334 | €99,727 | €268,200 | ▲ 169% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,088 | €12,499 | €14,040 | €19,441 | €24,147 | ▲ 24.2% |
| Other operating charges640/8 | €754 | €1,044 | €3,830 | €39,589 | €1,484 | ▼ 96.3% |
| Gross operating margin9900 | €65,466 | €340,282 | €163,998 | €265,988 | €407,929 | ▲ 53.4% |
| Operating profit (loss)9901 | €55,530 | €310,838 | €82,795 | €107,231 | €114,098 | ▲ 6.4% |
| Financial income75/76B | €8 | €170 | €501 | €480 | €191 | ▼ 60.1% |
| Recurring financial income75 | €8 | €170 | €501 | €480 | €191 | ▼ 60.1% |
| Financial charges65/66B | €2,367 | €5,070 | €19,332 | €28,178 | €40,329 | ▲ 43.1% |
| Recurring financial charges65 | €2,367 | €5,070 | €19,332 | €28,178 | €40,329 | ▲ 43.1% |
| Profit (loss) for the period before taxes9903 | €53,171 | €305,939 | €63,964 | €79,532 | €73,960 | ▼ 7.0% |
| Income taxes67/77 | €16,373 | €78,352 | €21,001 | €32,391 | €21,421 | ▼ 33.9% |
| Profit (loss) for the period9904 | €36,798 | €227,587 | €42,963 | €47,142 | €52,539 | ▲ 11.4% |
| Profit (loss) for the period to be appropriated9905 | €36,798 | €227,587 | €42,963 | €47,142 | €52,539 | ▲ 11.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €548,596 | €720,732 | €795,574 | €1.0m | €1.6m | ▲ 61.6% |
| Fixed assets21/28 | €28,674 | €24,433 | €18,498 | €49,524 | €88,558 | ▲ 78.8% |
| Intangible fixed assets21 | - | €618 | €351 | €85 | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €24,422 | €18,614 | €12,946 | €44,239 | €83,357 | ▲ 88.4% |
| Land and buildings22 | - | - | - | - | €9,573 | - |
| Plant, machinery and equipment23 | - | €797 | €619 | €5,606 | €32,315 | ▲ 476% |
| Furniture and vehicles24 | €24,422 | €17,818 | €12,327 | €38,633 | €41,469 | ▲ 7.3% |
| Financial fixed assets28 | €4,252 | €5,201 | €5,201 | €5,201 | €5,201 | = |
| Current assets29/58 | €519,922 | €696,299 | €777,075 | €963,927 | €1.5m | ▲ 60.7% |
| Stocks and contracts in progress3 | €427,744 | €117,000 | €132,150 | €199,166 | €327,487 | ▲ 64.4% |
| Stocks30/36 | €427,744 | €117,000 | €132,150 | €199,166 | €327,487 | ▲ 64.4% |
| Amounts receivable within one year40/41 | €60,517 | €493,332 | €571,861 | €709,485 | €1.1m | ▲ 61.1% |
| Trade receivables40 | €59,591 | €474,459 | €543,704 | €636,601 | €1.1m | ▲ 68.7% |
| Other amounts receivable41 | €926 | €18,872 | €28,157 | €72,884 | €69,277 | ▼ 4.9% |
| Cash at bank and in hand54/58 | €31,661 | €84,918 | €72,921 | €55,116 | €78,450 | ▲ 42.3% |
| Deferred charges and accrued income490/1 | - | €1,049 | €143 | €160 | €150 | ▼ 6.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €548,596 | €720,732 | €795,574 | €1.0m | €1.6m | ▲ 61.6% |
| Equity10/15 | €66,440 | €294,027 | €336,990 | €384,132 | €436,671 | ▲ 13.7% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Outside capital11 | €5,000 | €5,000 | - | - | - | - |
| Other1109/19 | €5,000 | €5,000 | - | - | - | - |
| Profit (loss) carried forward14 | €61,440 | €289,027 | €331,990 | €379,132 | €431,671 | ▲ 13.9% |
| Amounts payable17/49 | €482,156 | €426,705 | €458,583 | €629,319 | €1.2m | ▲ 90.9% |
| Amounts payable after more than one year17 | €13,377 | €7,693 | €1,936 | €1,831 | €0 | ▼ 100% |
| Financial debts170/4 | €13,377 | €7,693 | €1,936 | €1,831 | €0 | ▼ 100% |
| Amounts payable within one year42/48 | €468,779 | €419,012 | €456,648 | €627,488 | €1.2m | ▲ 91.4% |
| Current portion of amounts payable after more than one year42 | €5,611 | €11,189 | €11,319 | €5,385 | €13,451 | ▲ 150% |
| Financial debts43 | - | €75,000 | €260,000 | €160,000 | €300,000 | ▲ 87.5% |
| Credit institutions430/8 | - | €75,000 | €260,000 | €160,000 | €300,000 | ▲ 87.5% |
| Trade debts44 | €411,768 | €205,709 | €95,439 | €405,973 | €721,412 | ▲ 77.7% |
| Suppliers440/4 | €411,768 | €205,709 | €95,439 | €405,973 | €721,412 | ▲ 77.7% |
| Taxes, remuneration and social security45 | €34,454 | €89,332 | €89,093 | €40,697 | €65,892 | ▲ 61.9% |
| Taxes450/3 | €34,454 | €82,182 | €74,961 | €18,096 | €8,644 | ▼ 52.2% |
| Remuneration and social security454/9 | - | €7,150 | €14,131 | €22,600 | €57,248 | ▲ 153% |
| Other amounts payable47/48 | €16,946 | €37,782 | €797 | €15,434 | €100,373 | ▲ 550% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36,798 | €227,587 | €42,963 | €47,142 | €52,539 | ▲ 11.4% |
| + Depreciation and write-downs630 | €9,088 | €12,499 | €14,040 | €19,441 | €24,147 | ▲ 24.2% |
| Operating cash flow (approximation) | €45,887 | €240,086 | €57,003 | €66,583 | €76,687 | ▲ 15.2% |
| Investment in fixed assets (approximation) | - | -€8,258 | -€8,105 | -€50,467 | -€63,181 | ▼ 25.2% |
| Change in cash | - | €53,257 | -€11,997 | -€17,806 | €23,335 | ▲ 231% |
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
Next filing, fiscal year 2026, expected by
2026
20-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 20 days late
2025
22-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 22 days late
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 22 days late
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 91 days late
21-02
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 205 days late
2022
31-12
Financial
Highest result since 2020net €227,587 ▲518%
Operating result €310,838, net result €227,587, both a record.
31-12
Financial
Equity above €200,000Eq €294,027 ▲343%
3 profitable years in a row build equity to €294,027.
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 acts for this company are 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, Juprelle · 1 establishment unit since 2019
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Chaussée Brunehault 2804453 JuprelleGround area
541 m²
Building footprint
292 m²
Volume, LiDAR
1,443 m³
Parcel 62001B0631/00R002, Wallonia · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WINCONCEPT
since 20192.295.794.614
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62001B0631/00R002 | Wallonia | 541 m² | 1 · 292 m² | 7.5 m · 2 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
Recognised contractor
2 categoriesWINCONCEPT SRL43945
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Of 20,025 companies in sector 43320 we hold annual accounts for 9,134. 6,237 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
Founded01-07-2019
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
46419Wholesale trade
E-invoicing
Reachable via Peppol
Peppol ID
0208:0729594111
Also
9925:BE0729594111
Registered
05-08-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.