Wines & Co
ActiveWines & Co has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €355k and a net result of €-14k. Equity is shrinking by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 87% of 15867 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability15▼-85
Solvency100=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity short (current ratio 0.92 against 1.9 in 2023; short-term debt: 10.3% and cash: 1.5% of total assets), and 14.8% 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
85.2%
Return on assets
-3.3%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
30 d late
2022
38 d late
2021
31 d late
2020
106 d early
2019
42 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€355k▼ 3.7%
2023 · €369k
2018: €505k
2019: €441k
2020: €454k
2021: €459k
2022: €352k
2023: €369k
2018 → 2024
Total assets
€417k▼ 7.7%
2023 · €452k
2018: €864k
2019: €1.23M
2020: €959k
2021: €1.01M
2022: €909k
2023: €452k
2018 → 2024
Net result
€-14k
2023 · €124k
2018: €24k
2019: €-64k
2020: €13k
2021: €5k
2022: €-107k
2023: €124k
2018 → 2024
Working capital
€-3k
2023 · €33k
2018: €479k
2019: €176k
2020: €153k
2021: €143k
2022: €22k
2023: €33k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€454k-€459k▲ 1.2%€352k▼ 23.3%€369k▲ 4.6%€355k▼ 3.7%
Operating result€24k-€24k▼ 1.1%€-96k€129k€-13k
Net result€13k-€5k▼ 59.4%€-107k€124k€-14k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €13k after €129k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €417k
Fixed assets
€377k▼ 1.3%
Current assets
€39k▼ 43.2%
Equity and liabilities €417k
Equity
€355k▼ 3.7%
Debt
€62k▼ 25.6%
The debt ratio falls from 18.3% to 14.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-8k▼
2023 · €142k
Cash flow
€-9k▼
2023 · €136k
Solvency
85.2%▲
2023 · 81.7%
Current ratio
0.92▼
2023 · 1.90
Quick ratio
0.66▼
2023 · 1.54
Debt / equity
0.17▼
2023 · 0.22
ROE
-3.8%▼
2023 · 33.6%
ROA
-3.3%▼
2023 · 27.4%
Interest coverage
-4.35▼
2023 · 21.74
Debt
€62k▼
2023 · €83k
Debt ≤ 1 year
€43k▲
2023 · €37k
Debt > 1 year
€19k▼
2023 · €46k
Income taxes
€338▲
2023 · €98
Staff costs
€-175▼
2023 · €35k
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€452k€417k▼
Fixed assets21/28€382k€377k▼
Tangible fixed assets22/27€12k€7k▼
Plant, machinery and equipment23€7k€3k▼
Other tangible fixed assets26€5k€4k▼
Financial fixed assets28€370k€370k=
Current assets29/58€69k€39k▼
Stocks and contracts in progress3€13k€11k▼
Stocks30/36€13k€11k▼
Amounts receivable within one year40/41€46k€22k▼
Trade receivables40€32k€4k▼
Other amounts receivable41€14k€18k▲
Cash at bank and in hand54/58€10k€6k▼
Equity and liabilities
Total equity and liabilities10/49€452k€417k▼
Equity10/15€369k€355k▼
Contributions10/11€643k€643k=
Capital10€643k€643k=
Issued capital100€643k€643k=
Reserves13€1k€1k=
Non-distributable reserves130/1€1k€1k=
Legal reserve130€1k€1k=
Profit (loss) carried forward14€-275k€-289k▼
Amounts payable17/49€83k€62k▼
Amounts payable after more than one year17€46k€19k▼
Financial debts170/4€46k€19k▼
Amounts payable within one year42/48€37k€43k▲
Current portion of amounts payable after more than one year42€27k€28k▲
Trade debts44€9k€9k▼
Suppliers440/4€9k€9k▼
Advances received on contracts in progress46-€6k
Taxes, remuneration and social security45€114€114=
Taxes450/3€114€114=
Other amounts payable47/48€114€331▲
Income statement
Code20232024
Non-recurring operating income76A€15k-
Remuneration, social security and pensions62€35k€-175▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€5k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€1k-
Other operating charges640/8€2k€1k▼
Gross operating margin9900€180k€-7k▼
Operating profit (loss)9901€129k€-13k▼
Financial income75/76B€953€1k▲
Recurring financial income75€953€1k▲
Financial charges65/66B€7k€2k▼
Recurring financial charges65€7k€2k▼
Profit (loss) for the period before taxes9903€124k€-13k▼
Income taxes67/77€98€338▲
Profit (loss) for the period9904€124k€-14k▼
Profit (loss) for the period to be appropriated9905€124k€-14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-275k€-289k▼
Profit (loss) brought forward from the previous period14P€-399k€-275k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Back to profitnet €124k
Net result €124k after one loss-making year.
07-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 38 days late
2022
31-12
Financial
Weakest financial yearnet €-107k ▼2145%
Net result drops to €-107k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
16-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 42 days late
2019
09-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 282 days late
29-04
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
22-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
11 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, Kapellen · 1 establishment unit since 2007
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.
Vloeiende 172950 KapellenGround area
1,149 m²
Building footprint
162 m²
Volume, LiDAR
729 m³
Parcel 11362H0601/00Y000, Flanders · tallest building 7.6 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Wines & Co
since 20072.295.148.474
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11362H0601/00Y000 | Flanders | 1,149 m² | 1 · 162 m² | 7.6 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
VYNCKE - DAELS
BE 0440.756.221
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CLASSICA INTERNATIONAL
BE 0501.685.582
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STEELCO
BE 0443.770.446
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LE MILLESIME
BE 0734.862.793
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QUALITY & MATTERS
BE 0861.178.074
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Of 1,051 companies in sector 46341 we hold annual accounts for 535. 345 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-08-2007
Fiscal year end31-12
Activities, NACEBEL
46341Wholesale of wines and spirits
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.