WINEROUTE
ActiveThe file of WINEROUTE contains 2 judicial reorganisations, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 6.7% (elevated). The 2024 annual accounts show equity of €24k and a net result of €21k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 30% of 15868 sector peers (fiscal year 2024).
Checked score
Score 2024
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability83▲+52
Solvency38▲+11
Growth85=
Track record60
Bankruptcy probability, 12 months
6.7%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity ample (current ratio 2.02 against 2.08 in 2023; short-term debt: 45% of total assets), but 86.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
13.2%
Return on assets
11.4%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
43 d late
2022
44 d late
2021
55 d early
2020
67 d late
2019
24 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€380k▲ 33.4%
2020 · €285k
2020: €285k
2020 → 2021
EBIT margin
10.4%▲ 13.6pp
2020 · -3.3%
2020: -3.3%
2020 → 2021
Net result
€21k
2023 · €-3k
2018: €-23k
2019: €38k
2020: €-16k
2021: €22k
2022: €7k
2023: €-3k
2018 → 2024
Working capital
€84k▲ 12.6%
2023 · €75k
2018: €-44k
2019: €115k
2020: €58k
2021: €29k
2022: €61k
2023: €75k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€285k-€380k▲ 33.4%
Equity€-21k-€583€7k▲ 1,054%€3k▼ 50.1%€24k▲ 619%
Operating result€-9k-€39k€22k▼ 43.0%€10k▼ 54.3%€46k▲ 345%
Net result€-16k-€22k€7k▼ 67.8%€-3k€21k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 345% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €183k
Fixed assets
€16k▼ 35.7%
Current assets
€166k▲ 15.6%
Equity and liabilities €183k
Equity
€24k▲ 619%
Debt
€159k▼ 4.5%
The debt ratio falls from 98.0% to 86.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€55k▲
2023 · €19k
Cash flow
€30k▲
2023 · €6k
Solvency
13.2%▲
2023 · 2.0%
Current ratio
2.02▼
2023 · 2.08
Quick ratio
1.03▲
2023 · 0.90
Debt / equity
6.57▼
2023 · 49.45
ROE
86.1%▲
2023 · -100.3%
ROA
11.4%▲
2023 · -2.0%
Interest coverage
6.92▲
2023 · 1.74
Debt
€159k▼
2023 · €166k
Debt ≤ 1 year
€82k▲
2023 · €69k
Debt > 1 year
€76k▼
2023 · €97k
Income taxes
€17k▲
2023 · €3k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€169k€183k▲
Fixed assets21/28€25k€16k▼
Tangible fixed assets22/27€25k€16k▼
Plant, machinery and equipment23€2k€2k▼
Furniture and vehicles24€23k€14k▼
Current assets29/58€144k€166k▲
Stocks and contracts in progress3€82k€82k=
Stocks30/36€82k€82k=
Amounts receivable within one year40/41€37k€80k▲
Trade receivables40€37k€70k▲
Other amounts receivable41-€10k
Cash at bank and in hand54/58€1k-
Deferred charges and accrued income490/1€24k€5k▼
Equity and liabilities
Total equity and liabilities10/49€169k€183k▲
Equity10/15€3k€24k▲
Contributions10/11€19k€19k=
Reserves13-€21k
Distributable reserves133-€21k
Profit (loss) carried forward14€-15k€-15k=
Amounts payable17/49€166k€159k▼
Amounts payable after more than one year17€97k€76k▼
Financial debts170/4€97k€76k▼
Amounts payable within one year42/48€69k€82k▲
Current portion of amounts payable after more than one year42€17k€21k▲
Financial debts43-€26k
Credit institutions430/8-€26k
Trade debts44€30k€14k▼
Suppliers440/4€30k-
Bills of exchange payable441-€14k
Taxes, remuneration and social security45€12k€21k▲
Taxes450/3€12k€21k▲
Other amounts payable47/48€11k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€9k=
Other operating charges640/8€12k€14k▲
Gross operating margin9900€31k€68k▲
Operating profit (loss)9901€10k€46k▲
Financial income75/76B-€168
Recurring financial income75-€168
Financial charges65/66B€11k€8k▼
Recurring financial charges65€11k€8k▼
Profit (loss) for the period before taxes9903€-855€38k▲
Income taxes67/77€3k€17k▲
Profit (loss) for the period9904€-3k€21k▲
Profit (loss) for the period to be appropriated9905€-3k€21k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€6k▲
Profit (loss) brought forward from the previous period14P€-12k€-15k▼
Transfer to equity691/2-€21k
To other reserves6921-€21k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €21k
Net result €21k after one loss-making year.
12-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 43 days late
2023
13-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 44 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 3.14
Current ratio from 1.33 to 3.14; short-term debt falls from €88k to €29k.
06-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €22k
Net result €22k after one loss-making year.
06-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 67 days late
2020
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 24 days late
2019
31-12
Financial
Back to profitnet €38k
Net result €38k after one loss-making year.
31-12
Financial
Liquidity times 8current ratio 6.37
Current ratio from 0.81 to 6.37; short-term debt falls from €232k to €21k.
03-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 64 days late
24-06
Judicial reorganisation
Plan homologation
Ondernemingsrechtbank Antwerpen · 20190002 · event 17-06-2019
15-02
Judicial reorganisation
Opening
Ondernemingsrechtbank Antwerpen · collectif · event 11-02-2019
2018
20-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 51 days late
2017
05-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 36 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 29 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Bornem · 1 establishment unit since 2004
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.
Watertorenweg(BOR) 102880 BornemGround area
8,367 m²
Building footprint
2,148 m²
Volume, LiDAR
14,546 m³
2 parcels, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
WR
since 20042.142.272.417
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46442C0428/00G000 | Flanders | 8,157 m² | 1 · 2,077 m² | 8.0 m · 2 fl. |
| 12362E0574/00M000 | Flanders | 211 m² | 1 · 71 m² | 2.2 m |
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteSint-Niklaas2.142.272.417
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Of 1,581 companies in sector 46349 we hold annual accounts for 987. 496 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-10-2004
Fiscal year end31-12
Activities, NACEBEL
46349Wholesale of beverages, general range
51340
47252Retail sale of beverages, general range
52250Logistics services
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.