WINECO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €59k and a net result of €17k. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 51% of 5498 sector peers (fiscal year 2025). The company has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €59k
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 07-01-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
4 d early
2023
19 d early
2022
40 d early
2021
41 d early
2020
41 d early
2019
7 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close16-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€59k▲ 39.1%
2024 · €43k
2019: €55k
2020: €49k
2021: €57k
2022: €90k
2023: €34k
2024: €43k
2019 → 2025
Net result
€17k▲ 98.5%
2024 · €8k
2019: €-32k
2020: €-6k
2021: €8k
2022: €34k
2023: €4k
2024: €8k
2019 → 2025
Total assets
€113k▲ 24.9%
2024 · €91k
2019: €101k
2020: €81k
2021: €87k
2022: €101k
2023: €139k
2024: €91k
2019 → 2025
Solvency
52.5%▲ 5.3pp
2024 · 47.2%
2019: 54.3%
2020: 60.0%
2021: 65.5%
2022: 89.5%
2023: 24.6%
2024: 47.2%
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€57k-€90k▲ 59.2%€34k▼ 62.1%€43k▲ 24.5%€59k▲ 39.1%
Operating result€6k-€37k▲ 471%€5k▼ 85.2%€13k▲ 133%€24k▲ 85.6%
Net result€8k-€34k▲ 325%€4k▼ 88.5%€8k▲ 117%€17k▲ 98.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 86% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €113k
Equity
€59k▲ 39.1%
Debt
€54k▲ 12.3%
The debt ratio falls from 52.8% to 47.5%. Equity and debt are higher.
Key figures and ratios
Solvency
52.5%▲
2024 · 47.2%
ROE
28.1%▲
2024 · 19.7%
ROA
14.8%▲
2024 · 9.3%
Debt
€54k▲
2024 · €48k
Debt ≤ 1 year
€53k▲
2024 · €48k
Income taxes
€6k▲
2024 · €4k
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€91k€113k▲
Fixed assets21/28€100€0▼
Tangible fixed assets22/27€100€0▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€100€0▼
Current assets29/58€90k€113k▲
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€85k€94k▲
Trade receivables40€31k€32k▲
Other amounts receivable41€54k€62k▲
Cash at bank and in hand54/58€3k€16k▲
Deferred charges and accrued income490/1€2k€3k▲
Equity and liabilities
Total equity and liabilities10/49€91k€113k▲
Equity10/15€43k€59k▲
Contributions10/11€19k€19k=
Reserves13€24k€40k▲
Distributable reserves133€24k€40k▲
Profit (loss) carried forward14€272€965▲
Amounts payable17/49€48k€54k▲
Amounts payable within one year42/48€48k€53k▲
Trade debts44€31k€40k▲
Suppliers440/4€31k€40k▲
Taxes, remuneration and social security45€2k€0▼
Taxes450/3€2k€0▼
Other amounts payable47/48€14k€14k▲
Accrued charges and deferred income492/3€206€211▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€636€100▼
Other operating charges640/8€528€544▲
Gross operating margin9900€14k€24k▲
Operating profit (loss)9901€13k€24k▲
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€13k€23k▲
Income taxes67/77€4k€6k▲
Profit (loss) for the period9904€8k€17k▲
Profit (loss) for the period to be appropriated9905€8k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€9k€17k▲
Profit (loss) brought forward from the previous period14P€941€272▼
Transfer from equity791/2€0-
Transfer to equity691/2€9k€16k▲
To other reserves6921€9k€16k▲
Profit to be distributed694/7€0-
Return on contributions (dividend)694€0-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
27-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
12-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
30-06
Financial
Highest result since 2019net €34k ▲325%
Operating result €37k, net result €34k, both a record.
30-06
Financial
Liquidity triplescurrent ratio 9.49
Current ratio from 2.84 to 9.49; short-term debt falls from €30k to €10k.
2021
21-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
30-06
Financial
Back to profitnet €8k
Net result €8k after 2 loss-making years.
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
24-01
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
14-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
11-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Wortegem-Petegem · 1 establishment unit since 2012
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.
Kouter (E.) 109790 Wortegem-PetegemGround area
3,618 m²
Building footprint
433 m²
2 parcels, Flanders. Linked by address, not a title deed.
1 establishment unit
Groenstraat (W.) 23E, 9790 Wortegem-Petegem
since 20122.215.334.894
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45008B0414/00G000 | Flanders | 3,054 m² | 1 · 361 m² | - |
| 45055B0012/00B002 | Flanders | 564 m² | 1 · 72 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 227 EUR awarded · 227 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 227 EUR | 227 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 24,726 companies in sector 64210 we hold annual accounts for 19,748. 10,938 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-10-2012
Fiscal year end30-06
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.