WINE CELLAR

Active

Private limited companyfounded 20242 yrs activeVrijwilligerslaan 86, 1040 Etterbeek, BelgiumKBO/BCE: BE 1010.193.137

The computed 12-month bankruptcy probability of WINE CELLAR is 2.9% (moderate). The 2025 annual accounts show equity of €14k and a net result of €13k. Its solvency ranks better than 23% of 11185 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2025

66 / 100

Healthy▲ +28 vs 2024

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100▲+100

Solvency17▲+5

Growth78

Stability82

Bankruptcy probability, 12 months

2.9% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €1k at 30 days acceptable

Liquidity tight (current ratio 1.05 against 1.0 in 2024), and 93.6% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Eight signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 46

Relative position

BE, all sectors

reference

Sector 46

higher

← fewer bankruptcies more bankruptcies →

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

6.4%

Return on assets

5.9%

Age of the figures

8 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 11185 sector peers (2025).

NBB · sector comparison

Position among 11185 sector peers

Solvency

better than 23%

← weakest strongest →

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-08-2026, 18 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 · 2 filings

Deviation from the deadline

2025

18 d late

2024

25 d late

← before the deadline after the deadline →

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 months

Position in the running window

13-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, micro schema

Equity

€14k▲ 1,088%

2024 · €1k

2024: €1k

2024 → 2025

Total assets

€220k▲ 54.7%

2024 · €142k

2024: €142k

2024 → 2025

Net result

€13k

2024 · €-313

2024: €-313

2024 → 2025

Working capital

€11k▲ 1,942%

2024 · €525

2024: €525

2024 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20242025Trend

Equity€1k-€14k▲ 1,088%

Operating result€-269-€19k

Net result€-313-€13k

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

Result per fiscal year

Operating resultNet result

The operating result returns to profit in 2025: €19k after a loss of €269 in 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €220k

98.5%

Fixed assets €3k

Current assets €216k

Equity and liabilities €220k

93.6%

Equity €14k▲ 1,088%

Debt €205k▲ 46.0%

The debt ratio falls from 99.2% to 93.6%: equity grows faster than debt.

Key figures and ratios

2025 value · change against 2024

EBITDA

€20k▲

2024 · €619

Cash flow

€14k▲

2024 · €575

Solvency

6.4%▲

2024 · 0.8%

Current ratio

1.05▲

2024 · 1.00

Quick ratio

0.21▼

2024 · 0.30

Debt / equity

14.56

ROE

91.6%▲

2024 · -26.3%

ROA

5.9%▲

2024 · -0.2%

Interest coverage

299.91▲

2024 · 14.08

Debt

€205k▲

2024 · €141k

Debt ≤ 1 year

€205k▲

2024 · €141k

Income taxes

€6k

Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.

Filed annual accounts

As filed with the NBB · 2025 against 2024

Balance sheet Code20242025

Assets

Total assets20/58€142k€220k▲

Formation expenses20€662-

Fixed assets21/28-€3k

Tangible fixed assets22/27-€2k

Other tangible fixed assets26-€2k

Financial fixed assets28-€1k

Current assets29/58€141k€216k▲

Stocks and contracts in progress3€99k€173k▲

Stocks30/36€99k€173k▲

Amounts receivable within one year40/41€20k€14k▼

Trade receivables40€624€12k▲

Other amounts receivable41€20k€2k▼

Cash at bank and in hand54/58€21k€29k▲

Equity and liabilities

Total equity and liabilities10/49€142k€220k▲

Equity10/15€1k€14k▲

Contributions10/11€2k€2k=

Reserves13-€13k

Distributable reserves133-€13k

Profit (loss) carried forward14€-313€-313=

Amounts payable17/49€141k€205k▲

Amounts payable within one year42/48€141k€205k▲

Trade debts44€39k€26k▼

Suppliers440/4€39k€26k▼

Taxes, remuneration and social security45-€8k

Taxes450/3-€8k

Other amounts payable47/48€102k€172k▲

Income statement Code20242025

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€888€706▼

Gross operating margin9900€619€20k▲

Operating profit (loss)9901€-269€19k▲

Financial income75/76B€0€1▲

Recurring financial income75€0€1▲

Financial charges65/66B€44€67▲

Recurring financial charges65€44€67▲

Profit (loss) for the period before taxes9903€-313€19k▲

Income taxes67/77-€6k

Profit (loss) for the period9904€-313€13k▲

Profit (loss) for the period to be appropriated9905€-313€13k▲

Appropriation of the result

Profit (loss) to be appropriated9906€-313€13k▲

Profit (loss) brought forward from the previous period14P-€-313

Transfer to equity691/2-€13k

To other reserves6921-€13k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 4Financial 1Gazette 1Filings 2

Next filing, fiscal year 2026, expected by 31-07-2027

2026

21-08

State Gazette act Resignations & appointments

General meeting · Director resignation · Director discharge3 facts ▸

General meeting, 2026-04-23
Director resignation, Isabelle Lemaire (administrateur)
Director discharge, Isabelle Lemaire

18-08

NBB filing Annual accounts filed

fiscal year 2025 · micro schema · 18 days late

2025

31-12

Financial Back to profitnet €13k

Net result €13k after one loss-making year.

25-08

NBB filing Annual accounts filed

fiscal year 2024 · micro schema · 25 days late

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2026

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

31-03-2026 Isabelle Lemaire: Resigned as Director

07-11-2025 Eduard Cardoso Trancarruas: Resigned as Director

07-11-2025 Hugues De Cuyper: Resigned as Director

Location & real-estate footprint

Registered office, Etterbeek · 1 establishment unit since 2024

establishment The establishment unit on the map

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.

Vrijwilligerslaan 861040 Etterbeek

Ground area

772 m²

Building footprint