Winger Patents
ActiveWinger Patents has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €433k and a net result of €159k. Equity is growing by ~33.8% per year across the filed fiscal years. Its solvency ranks better than 35% of 3263 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability81▲+7
Solvency52▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 1.54 against 1.25 in 2024; short-term debt: 46.6% and cash: 29.6% of total assets), but 73% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
27%
Return on assets
9.9%
Age of the figures
18 mo
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 28-10-2025, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
1 d early
2023
1 d early
2022
45 d early
2021
3 d early
2020
25 d late
2019
1 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
31-03-2026 close18-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€433k▲ 57.9%
2024 · €274k
2019: €68k
2020: €88k
2021: €122k
2022: €137k
2023: €205k
2024: €274k
2019 → 2025
Total assets
€1.60M▼ 4.2%
2024 · €1.67M
2019: €1.52M
2020: €1.58M
2021: €1.48M
2022: €1.67M
2023: €1.63M
2024: €1.67M
2019 → 2025
Net result
€159k▲ 129%
2024 · €69k
2019: €28k
2020: €19k
2021: €35k
2022: €25k
2023: €68k
2024: €69k
2019 → 2025
Working capital
€406k▲ 74.6%
2024 · €233k
2019: €-32k
2020: €2k
2021: €43k
2022: €70k
2023: €152k
2024: €233k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€122k-€137k▲ 12.4%€205k▲ 49.3%€274k▲ 33.8%€433k▲ 57.9%
Operating result€65k-€65k▼ 0.3%€121k▲ 85.1%€122k▲ 1.5%€262k▲ 114%
Net result€35k-€25k▼ 29.0%€68k▲ 175%€69k▲ 2.5%€159k▲ 129%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 114% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.60M
Fixed assets
€450k▼ 10.1%
Current assets
€1.15M▼ 1.8%
Equity and liabilities €1.60M
Equity
€433k▲ 57.9%
Debt
€1.17M▼ 16.4%
The debt ratio falls from 83.6% to 73.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€317k▲
2024 · €178k
Cash flow
€214k▲
2024 · €125k
Solvency
27.0%▲
2024 · 16.4%
Current ratio
1.54▲
2024 · 1.25
Quick ratio
1.54▲
2024 · 1.25
Debt / equity
2.70▼
2024 · 5.10
ROE
36.7%▲
2024 · 25.3%
ROA
9.9%▲
2024 · 4.1%
Interest coverage
15.46▲
2024 · 8.68
Debt
€1.17M▼
2024 · €1.40M
Debt ≤ 1 year
€746k▼
2024 · €941k
Debt > 1 year
€420k▼
2024 · €458k
Income taxes
€88k▲
2024 · €40k
Staff costs
€677k▲
2024 · €663k
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€1.67M€1.60M▼
Fixed assets21/28€501k€450k▼
Tangible fixed assets22/27€501k€450k▼
Land and buildings22€7k€3k▼
Plant, machinery and equipment23€12k€8k▼
Furniture and vehicles24€11k€8k▼
Other tangible fixed assets26€471k€432k▼
Current assets29/58€1.17M€1.15M▼
Amounts receivable within one year40/41€676k€664k▼
Trade receivables40€676k€662k▼
Other amounts receivable41€43€2k▲
Cash at bank and in hand54/58€481k€474k▼
Deferred charges and accrued income490/1€16k€14k▼
Equity and liabilities
Total equity and liabilities10/49€1.67M€1.60M▼
Equity10/15€274k€433k▲
Contributions10/11€53k€53k=
Reserves13€221k€380k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€221k€380k▲
Amounts payable17/49€1.40M€1.17M▼
Amounts payable after more than one year17€458k€420k▼
Financial debts170/4€458k€420k▼
Amounts payable within one year42/48€941k€746k▼
Current portion of amounts payable after more than one year42€38k€39k▲
Trade debts44€723k€466k▼
Suppliers440/4€723k€466k▼
Taxes, remuneration and social security45€179k€242k▲
Taxes450/3€78k€144k▲
Remuneration and social security454/9€102k€98k▼
Other amounts payable47/48€18€332▲
Accrued charges and deferred income492/3€968€4k▲
Income statement
Code20242025
Remuneration, social security and pensions62€663k€677k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€56k€55k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€50k▲
Other operating charges640/8€2k€11k▲
Gross operating margin9900€843k€1.06M▲
Operating profit (loss)9901€122k€262k▲
Financial income75/76B€7k€6k▼
Recurring financial income75€7k€6k▼
Financial charges65/66B€20k€20k=
Recurring financial charges65€20k€20k=
Profit (loss) for the period before taxes9903€109k€247k▲
Income taxes67/77€40k€88k▲
Profit (loss) for the period9904€69k€159k▲
Profit (loss) for the period to be appropriated9905€69k€159k▲
Appropriation of the result
Profit (loss) to be appropriated9906€69k€159k▲
Transfer to equity691/2€69k€159k▲
To other reserves6921€69k€159k▲
Social balance
Average headcount (FTE)90879.38.9▼
The notes to these accounts (11 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
2025
28-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
31-03
Financial
Highest result since 2019net €159k ▲129%
Operating result €262k, net result €159k, both a record.
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
30-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Equity above €200kEq €205k ▲49.3%
5 profitable years in a row build equity to €205k.
2022
16-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Equity above €100kEq €122k ▲39.6%
3 profitable years in a row build equity to €122k.
2020
25-11
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 25 days late
31-03
Financial
Weakest financial yearnet €19k ▼30%
Net result drops to €19k, the lowest in the series; recovery starts the following year.
2019
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
23-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
23-10
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
29-09
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, Merelbeke-Melle · 2 establishment units since 2009
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.
Hundelgemsesteenweg 11169820 Merelbeke-MelleGround area
3,681 m²
Building footprint
275 m²
2 parcels, Flanders. Linked by address, not a title deed.
2 establishment units
Winger
since 20092.177.304.461
Winger
since 20122.214.133.777
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24014A0309/00H002 | Flanders | 2,450 m² | - | - |
| 44058B0459/00C000 | Flanders | 1,231 m² | 1 · 274 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
2022 to 2025 · 4 entries · 4,315 EUR awarded · 4,316 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 143 EUR |
| 2024 | 2 | 3,557 EUR | 3,415 EUR |
| 2022 | 1 | 758 EUR | 758 EUR |
Schemes
Werkbaarheidscheque (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 2,761 companies in sector 69109 we hold annual accounts for 1,209. 775 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-02-2009
Fiscal year end31-03
Activities, NACEBEL
69109Other legal services
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesPhone:09/3626881
Phone:015/480159