WINE&SHINE
ActiveSummary
The computed 12-month bankruptcy probability of WINE&SHINE is 4.5% (elevated). The 2025 annual accounts show negative equity (-€57,888) and a net result of -€34,561. Equity is shrinking by ~88.1% per year across the filed fiscal years. Its solvency ranks better than 11% of 18973 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
4.5%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.84 against 1.35 in 2024; short-term debt: 118% and cash: 14.1% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
+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 · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-69.5%
Return on assets
-41.5%
Age of the figures
18 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
2122232425
2021 to 2025 · latest year -€57,888
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 24-10-2025, 7 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
7 d early
2024
1 d early
2023
7 d early
2022
19 d early
2021
16 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 10 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 24 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close01-10-2026 today31-10-2026 deadline
History
Go further with this company
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€57,888▼ 148%
2024 · -€23,327
Total assets
€83,312▲ 22.0%
2024 · €68,301
Net result
-€34,561▼ 142%
2024 · -€14,309
Working capital
-€16,206
2024 · €17,158
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 47, Retail trade, 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
Line20212022202320242025
Operating result-€9,974--€22,523▼ 126%-€16,044▲ 28.8%-€12,982▲ 19.1%-€33,551▼ 158%
Net result-€10,097below the sector's middle half--€22,863below the sector's middle half▼ 126%-€16,059below the sector's middle half▲ 29.8%-€14,309below the sector's middle half▲ 10.9%-€34,561below the sector's middle half▼ 142%
Equity€29,903within the sector's middle half-€7,040within the sector's middle half▼ 76.5%-€9,018below the sector's middle half-€23,327below the sector's middle half▼ 159%-€57,888below the sector's middle half▼ 148%
Total assets€34,960below the sector's middle half-€42,043below the sector's middle half▲ 20.3%€48,185below the sector's middle half▲ 14.6%€68,301within the sector's middle half▲ 41.7%€83,312within the sector's middle half▲ 22.0%
Debt€5,057-€35,003▲ 592%€57,204▲ 63.4%€91,628▲ 60.2%€141,200▲ 54.1%
Working capital€24,397within the sector's middle half-€21,131within the sector's middle half▼ 13.4%€30,269within the sector's middle half▲ 43.2%€17,158within the sector's middle half▼ 43.3%-€16,206below the sector's middle half
Solvency85.5%above the sector's middle half-16.7%within the sector's middle half▼ 68.8pp-18.7%below the sector's middle half▼ 35.5pp-34.2%below the sector's middle half▼ 15.4pp-69.5%below the sector's middle half▼ 35.3pp
Current ratio5.82above the sector's middle half-2.31within the sector's middle half▼ 3.513.12above the sector's middle half▲ 0.801.35within the sector's middle half▼ 1.760.84below the sector's middle half▼ 0.52
Return on assets (ROA)-28.9%below the sector's middle half--54.4%below the sector's middle half▼ 25.5pp-33.3%below the sector's middle half▲ 21.1pp-20.9%below the sector's middle half▲ 12.4pp-41.5%below the sector's middle half▼ 20.5pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, 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 stays negative: a loss of €33,551 in 2025 against €12,982 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €83,203
Fixed assets
€1,109 ▼ 47.4%
Current assets
€82,094 ▲ 24.6%
Equity and liabilities
Equity-€57,888
Debt€141,200
Equity is negative: debt (€141,200) exceeds the balance-sheet total (€83,312).
Key figures and ratios
EBITDA
-€32,354▼
2024 · -€11,785
Cash flow
-€33,364▼
2024 · -€13,112
Quick ratio
0.19▼
2024 · 0.30
Interest coverage
-31.54▼
2024 · -8.50
Debt ≤ 1 year
€98,300▲
2024 · €48,728
Debt > 1 year
€42,900=
2024 · €42,900
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,010 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.9%
went bankrupt
8.4%
stopped otherwise
83%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 4.5% 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 6,010 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 |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €479 | €1,197 | €1,197 | €1,197 | €1,197 | = |
| Other operating charges640/8 | - | €7,437 | €780 | €5,112 | €6,204 | ▲ 21.4% |
| Gross operating margin9900 | -€7,444 | -€13,889 | -€14,068 | -€6,673 | -€26,150 | ▼ 292% |
| Operating profit (loss)9901 | -€9,974 | -€22,523 | -€16,044 | -€12,982 | -€33,551 | ▼ 158% |
| Financial income75/76B | - | €1 | €0 | €59 | €16 | ▼ 72.6% |
| Recurring financial income75 | €2 | €1 | €0 | €59 | €16 | ▼ 72.6% |
| Financial charges65/66B | - | €341 | €15 | €1,386 | €1,026 | ▼ 26.0% |
| Recurring financial charges65 | €125 | €341 | €15 | €1,386 | €1,026 | ▼ 26.0% |
| Profit (loss) for the period before taxes9903 | -€10,097 | -€22,863 | -€16,059 | -€14,309 | -€34,561 | ▼ 142% |
| Profit (loss) for the period9904 | -€10,097 | -€22,863 | -€16,059 | -€14,309 | -€34,561 | ▼ 142% |
| Profit (loss) for the period to be appropriated9905 | -€10,097 | -€22,863 | -€16,059 | -€14,309 | -€34,561 | ▼ 142% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €34,960 | €42,043 | €48,185 | €68,301 | €83,312 | ▲ 22.0% |
| Formation expenses20 | €898 | €701 | €504 | €307 | €110 | ▼ 64.2% |
| Fixed assets21/28 | €4,609 | €4,109 | €3,109 | €2,109 | €1,109 | ▼ 47.4% |
| Tangible fixed assets22/27 | €4,609 | €3,609 | €2,609 | €1,609 | €609 | ▼ 62.2% |
| Furniture and vehicles24 | - | €3,609 | €2,609 | €1,609 | €609 | ▼ 62.2% |
| Financial fixed assets28 | - | €500 | €500 | €500 | €500 | = |
| Current assets29/58 | €29,454 | €37,234 | €44,573 | €65,886 | €82,094 | ▲ 24.6% |
| Stocks and contracts in progress3 | €20,126 | €31,898 | €37,918 | €51,093 | €63,270 | ▲ 23.8% |
| Stocks30/36 | - | €31,898 | €37,918 | €51,093 | €63,270 | ▲ 23.8% |
| Amounts receivable within one year40/41 | €2,236 | €429 | €2,727 | €8,730 | €5,107 | ▼ 41.5% |
| Trade receivables40 | - | €312 | €1,542 | €8,730 | €3,244 | ▼ 62.8% |
| Other amounts receivable41 | - | €117 | €1,185 | €0 | €1,863 | - |
| Cash at bank and in hand54/58 | €6,646 | €4,459 | €3,546 | €6,063 | €11,717 | ▲ 93.3% |
| Deferred charges and accrued income490/1 | - | €449 | €382 | €0 | €2,000 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €34,960 | €42,043 | €48,185 | €68,301 | €83,312 | ▲ 22.0% |
| Equity10/15 | €29,903 | €7,040 | -€9,018 | -€23,327 | -€57,888 | ▼ 148% |
| Contributions10/11 | - | €40,000 | €40,000 | €40,000 | €40,000 | = |
| Profit (loss) carried forward14 | -€10,097 | -€32,960 | -€49,018 | -€63,327 | -€97,888 | ▼ 54.6% |
| Amounts payable17/49 | €5,057 | €35,003 | €57,204 | €91,628 | €141,200 | ▲ 54.1% |
| Amounts payable after more than one year17 | - | €18,900 | €42,900 | €42,900 | €42,900 | = |
| Financial debts170/4 | - | €18,900 | €42,900 | €42,900 | €42,900 | = |
| Amounts payable within one year42/48 | €5,057 | €16,103 | €14,304 | €48,728 | €98,300 | ▲ 102% |
| Trade debts44 | €5,057 | €9,740 | €13,433 | €6,710 | €8,647 | ▲ 28.9% |
| Suppliers440/4 | - | €9,740 | €13,433 | €6,710 | €8,647 | ▲ 28.9% |
| Advances received on contracts in progress46 | - | €6,318 | €0 | - | - | - |
| Taxes, remuneration and social security45 | - | - | - | €4,154 | €63 | ▼ 98.5% |
| Taxes450/3 | - | - | - | €4,154 | €63 | ▼ 98.5% |
| Other amounts payable47/48 | - | €45 | €871 | €37,864 | €89,590 | ▲ 137% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,097 | -€22,863 | -€16,059 | -€14,309 | -€34,561 | ▼ 142% |
| + Depreciation and write-downs630 | €479 | €1,197 | €1,197 | €1,197 | €1,197 | = |
| Operating cash flow (approximation) | -€9,618 | -€21,666 | -€14,862 | -€13,112 | -€33,364 | ▼ 154% |
| Investment in fixed assets (approximation) | - | -€697 | -€197 | -€197 | -€197 | ▲ 0.1% |
| Change in cash | - | -€2,187 | -€913 | €2,516 | €5,654 | ▲ 125% |
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
2025
24-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Weakest financial yearnet -€34,561
Net result drops to -€34,561, the lowest in the series.
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
12-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
15-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company in the Gazette acts read. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Truiden · 2 establishment units since 2020
Ground area
3.2 ha
Building footprint
1.9 ha
Volume, LiDAR
141,689 m³
2 parcels, Flanders · tallest building 11.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
WINE&SHINE
since 20202.307.071.457
Wine&Shine BV
since 20202.359.258.249
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34038B0064/00F002 | Flanders | 3.0 ha | 1 · 1.9 ha | 11.3 m · 2 fl. |
| 71352A0180/00B000 | Flanders | 1,378 m² | 1 · 241 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Subsidies and aid
Flemish government
2023 · 1 entry · 105 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 105 EUR | 0 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Truiden2.307.071.457
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 2,335 companies in this sector we hold annual accounts for 423. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded02-09-2020
Fiscal year end31-03
Activities, NACEBEL 2025
47251Retail sale of wines and spirits
47120Other non-specialised retail sale
Contact
Website
www.wineandshine.online
E-mail
gerd@wineandshine.online
E-invoicing
Reachable via Peppol
Peppol ID
0208:0753585476
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.