Winger Trademarks
ActiveWinger Trademarks has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €288k and a net result of €327k. Equity is shrinking by ~2.8% per year across the filed fiscal years. Its solvency ranks better than 37% of 3282 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, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+6
Solvency54▼-3
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days acceptable
Liquidity tight (current ratio 1.38 against 1.45 in 2024; short-term debt: 69.6% and cash: 32.8% of total assets), and 70.9% 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 · 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
29.1%
Return on assets
33.1%
Age of the figures
9 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
24 d early
2024
2 d early
2023
35 d early
2022
35 d early
2021
33 d early
2020
16 d early
2019
29 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€288k▼ 21.6%
2024 · €367k
2018: €342k
2019: €458k
2020: €418k
2021: €647k
2022: €598k
2023: €601k
2024: €367k
2018 → 2025
Total assets
€990k▼ 12.8%
2024 · €1.13M
2018: €749k
2019: €724k
2020: €701k
2021: €1.03M
2022: €1.14M
2023: €1.17M
2024: €1.13M
2018 → 2025
Net result
€327k▲ 45.4%
2024 · €225k
2018: €165k
2019: €116k
2020: €80k
2021: €328k
2022: €258k
2023: €263k
2024: €225k
2018 → 2025
Working capital
€262k▼ 22.8%
2024 · €340k
2018: €302k
2019: €415k
2020: €368k
2021: €609k
2022: €581k
2023: €596k
2024: €340k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€647k-€598k▼ 7.6%€601k▲ 0.5%€367k▼ 38.8%€288k▼ 21.6%
Operating result€452k-€356k▼ 21.3%€359k▲ 0.7%€316k▼ 11.8%€448k▲ 41.7%
Net result€328k-€258k▼ 21.4%€263k▲ 1.7%€225k▼ 14.2%€327k▲ 45.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 42% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €990k
Fixed assets
€38k▲ 5.2%
Current assets
€952k▼ 13.4%
Equity and liabilities €990k
Equity
€288k▼ 21.6%
Debt
€702k▼ 8.5%
The debt ratio rises from 67.6% to 70.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€471k▲
2024 · €330k
Cash flow
€351k▲
2024 · €238k
Solvency
29.1%▼
2024 · 32.4%
Current ratio
1.38▼
2024 · 1.45
Quick ratio
1.38▼
2024 · 1.45
Debt / equity
2.44▲
2024 · 2.09
ROE
113.7%▲
2024 · 61.3%
ROA
33.1%▲
2024 · 19.8%
Interest coverage
33.99▲
2024 · 20.96
Debt
€702k▼
2024 · €767k
Debt ≤ 1 year
€689k▼
2024 · €758k
Income taxes
€113k▲
2024 · €80k
Staff costs
€873k▲
2024 · €787k
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€1.13M€990k▼
Fixed assets21/28€36k€38k▲
Intangible fixed assets21-€16k
Tangible fixed assets22/27€35k€18k▼
Furniture and vehicles24€30k€17k▼
Other tangible fixed assets26€4k€2k▼
Financial fixed assets28€2k€3k▲
Current assets29/58€1.10M€952k▼
Amounts receivable within one year40/41€567k€601k▲
Trade receivables40€414k€511k▲
Other amounts receivable41€152k€90k▼
Cash at bank and in hand54/58€515k€325k▼
Deferred charges and accrued income490/1€17k€25k▲
Equity and liabilities
Total equity and liabilities10/49€1.13M€990k▼
Equity10/15€367k€288k▼
Contributions10/11€13k€13k=
Reserves13€2k€2k=
Tax-exempt reserves132€455€455=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€352k€273k▼
Amounts payable17/49€767k€702k▼
Amounts payable within one year42/48€758k€689k▼
Financial debts43€4k€1k▼
Credit institutions430/8€4k€1k▼
Trade debts44€196k€157k▼
Suppliers440/4€196k€157k▼
Taxes, remuneration and social security45€101k€124k▲
Taxes450/3€35k€50k▲
Remuneration and social security454/9€66k€74k▲
Other amounts payable47/48€458k€407k▼
Accrued charges and deferred income492/3€9k€13k▲
Income statement
Code20242025
Remuneration, social security and pensions62€787k€873k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€23k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€-345
Other operating charges640/8€7k€7k▼
Gross operating margin9900€1.12M€1.35M▲
Operating profit (loss)9901€316k€448k▲
Financial income75/76B€4k€6k▲
Recurring financial income75€4k€6k▲
Financial charges65/66B€16k€14k▼
Recurring financial charges65€16k€14k▼
Profit (loss) for the period before taxes9903€305k€440k▲
Income taxes67/77€80k€113k▲
Profit (loss) for the period9904€225k€327k▲
Profit (loss) for the period to be appropriated9905€225k€327k▲
Appropriation of the result
Profit (loss) to be appropriated9906€811k€680k▼
Profit (loss) brought forward from the previous period14P€586k€352k▼
Profit to be distributed694/7€458k€407k▼
Return on contributions (dividend)694€450k€400k▼
Employees696€8k€7k▼
Social balance
Average headcount (FTE)90879.09.2▲
The notes to these accounts (10 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
07-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €328k ▲310%
Operating result €452k, net result €328k, both a record.
31-12
Financial
Equity above €500kEq €647k ▲54.6%
4 profitable years in a row build equity to €647k.
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €80k ▼31.1%
Net result drops to €80k, the lowest in the series; recovery starts the following year.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial 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, Gent · 2 establishment units since 2010
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.
Charles de Kerchovelaan 179000 GentGround area
979 m²
Building footprint
463 m²
Volume, LiDAR
6,396 m³
2 parcels, Brussels, Flanders · tallest building 26.9 m, ±6 floors. Linked by address, not a title deed.
2 establishment units
Winger Trademarks BV
since 20102.194.097.042
Winger Trademarks BV
since 20172.269.740.315
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44805E0865/00A005 | Flanders | 737 m² | 1 · 249 m² | 26.9 m · 5 fl. |
| 21383B0097/00V008 | Brussels | 242 m² | 1 · 214 m² | 21.7 m · 6 fl. |
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 · 8 entries · 26,345 EUR awarded · 26,202 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 91 EUR | 91 EUR |
| 2024 | 2 | 6,921 EUR | 6,921 EUR |
| 2023 | 2 | 10,434 EUR | 10,291 EUR |
| 2022 | 2 | 8,899 EUR | 8,899 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
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. 852 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-11-2010
Fiscal year end31-12
Activities, NACEBEL
69109Other legal services
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
4 entriesWebsite:www.winger.eu
E-mail:trademarks@brantsandpatents.com
Phone:+32 9 230 83 38
Fax:+32 9 230 12 82