WINGMAN
ActiveSummary
WINGMAN has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.72M and a net result of €743k. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 61% of 9234 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability91▲+57
Solvency70▲+15
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €130k at 30 days acceptable
Liquidity ample (current ratio 2.34 against 1.51 in 2024; short-term debt: 37.9% and cash: 18.2% of total assets), but 55.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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 68
Relative position
BE, all sectors
reference
Real estate activities (NACE 68)
about 43% fewer bankruptcies
← 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
44.8%
Return on assets
19.3%
Age of the figures
15 mo
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 30-01-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 d early
2024
1 d early
2023
1 d early
2022
on the day
2021
on the day
2020
40 d late
2019
16 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
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 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.72M▲ 75.8%
2024 · €980k
2019: €847klowest in 7 years
2020: €865k▲ +2.2% vs 2019
2021: €995k▲ +15.0% vs 2020
2022: €887k▼ -10.9% vs 2021
2023: €938k▲ +5.8% vs 2022
2024: €980k▲ +4.4% vs 2023
2025: €1.72M▲ +75.8% vs 2024highest in 7 years
2019 → 2025
Total assets
€3.84M▲ 15.8%
2024 · €3.32M
2019: €2.31Mlowest in 7 years
2020: €2.69M▲ +16.7% vs 2019
2021: €3.08M▲ +14.5% vs 2020
2022: €2.70M▼ -12.4% vs 2021
2023: €2.94M▲ +8.9% vs 2022
2024: €3.32M▲ +13.0% vs 2023
2025: €3.84M▲ +15.8% vs 2024highest in 7 years
2019 → 2025
Net result
€743k▲ 1,680%
2024 · €42k
2019: €-629lowest in 7 years
2020: €18k▲ +3021% vs 2019
2021: €130k▲ +607% vs 2020
2022: €327k▲ +152% vs 2021
2023: €52k▼ -84.2% vs 2022
2024: €42k▼ -19.3% vs 2023
2025: €743k▲ +1680% vs 2024highest in 7 years
2019 → 2025
Working capital
€1.96M▲ 102%
2024 · €967k
2019: €452k
2020: €452k● -0.0% vs 2019lowest in 7 years
2021: €1.56M▲ +245% vs 2020
2022: €733k▼ -53.0% vs 2021
2023: €849k▲ +15.9% vs 2022
2024: €967k▲ +13.9% vs 2023
2025: €1.96M▲ +102% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€995k-€887k▼ 10.9%€938k▲ 5.8%€980k▲ 4.4%€1.72M▲ 75.8%
2021: €995k
2022: €887k▼ -10.9% vs 2021lowest in 5 years
2023: €938k▲ +5.8% vs 2022
2024: €980k▲ +4.4% vs 2023
2025: €1.72M▲ +75.8% vs 2024highest in 5 years
Operating result€62k-€523k▲ 744%€117k▼ 77.6%€139k▲ 19.0%€606k▲ 335%
2021: €62klowest in 5 years
2022: €523k▲ +744% vs 2021
2023: €117k▼ -77.6% vs 2022
2024: €139k▲ +19.0% vs 2023
2025: €606k▲ +335% vs 2024highest in 5 years
Net result€130k-€327k▲ 152%€52k▼ 84.2%€42k▼ 19.3%€743k▲ 1,680%
2021: €130k
2022: €327k▲ +152% vs 2021
2023: €52k▼ -84.2% vs 2022
2024: €42k▼ -19.3% vs 2023lowest in 5 years
2025: €743k▲ +1680% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated or micro 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 335% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.84M
Fixed assets
€432k ▼ 7.3%
Current assets
€3.41M ▲ 19.6%
Equity and liabilities €3.84M
Equity
€1.72M ▲ 75.8%
Debt
€2.12M ▼ 9.4%
Debt's share of the balance-sheet total falls from 70.5% to 55.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€643k▲
2024 · €185k
Cash flow
€780k▲
2024 · €88k
Current ratio
2.34▲
2024 · 1.51
Quick ratio
1.27▲
2024 · 0.57
Debt to equity
1.23▼
2024 · 2.39
ROE
43.1%▲
2024 · 4.3%
ROA
19.3%▲
2024 · 1.3%
Interest coverage
5.79▲
2024 · 1.70
Debt ≤ 1 year
€1.46M▼
2024 · €1.89M
Debt > 1 year
€618k▲
2024 · €433k
Income taxes
€270k▲
2024 · €15k
Staff costs
€72k▲
2024 · €65k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€3.32M€3.84M▲
Fixed assets21/28€466k€432k▼
Tangible fixed assets22/27€140k€106k▼
Land and buildings22€124k€99k▼
Plant, machinery and equipment23€5k€4k▼
Furniture and vehicles24€11k€4k▼
Financial fixed assets28€326k€326k=
Current assets29/58€2.85M€3.41M▲
Stocks and contracts in progress3€1.79M€1.56M▼
Stocks30/36€1.79M€1.56M▼
Amounts receivable within one year40/41€1.05M€1.13M▲
Trade receivables40€23k€40k▲
Other amounts receivable41€1.03M€1.09M▲
Cash at bank and in hand54/58€11k€701k▲
Deferred charges and accrued income490/1€4k€23k▲
Equity and liabilities
Total equity and liabilities10/49€3.32M€3.84M▲
Equity10/15€980k€1.72M▲
Contributions10/11€19k€19k=
Reserves13€961k€1.11M▲
Tax-exempt reserves132€482€482=
Distributable reserves133€961k€1.11M▲
Profit (loss) carried forward14€338€594k▲
Amounts payable17/49€2.34M€2.12M▼
Amounts payable after more than one year17€433k€618k▲
Financial debts170/4€433k€618k▲
Amounts payable within one year42/48€1.89M€1.46M▼
Current portion of amounts payable after more than one year42€9k€0▼
Financial debts43€1.54M€1.00M▼
Credit institutions430/8€1.54M€1.00M▼
Trade debts44€44k€62k▲
Suppliers440/4€44k€62k▲
Taxes, remuneration and social security45€33k€129k▲
Taxes450/3€24k€119k▲
Remuneration and social security454/9€9k€10k▲
Other amounts payable47/48€262k€265k▲
Accrued charges and deferred income492/3€20k€46k▲
Income statement
Code20242025
Remuneration, social security and pensions62€65k€72k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€46k€37k▼
Other operating charges640/8€4k€3k▼
Gross operating margin9900€254k€717k▲
Operating profit (loss)9901€139k€606k▲
Financial income75/76B€26k€519k▲
Recurring financial income75€26k€29k▲
Non-recurring financial income76B-€489k
Financial charges65/66B€109k€111k▲
Recurring financial charges65€109k€111k▲
Profit (loss) for the period before taxes9903€57k€1.01M▲
Income taxes67/77€15k€270k▲
Profit (loss) for the period9904€42k€743k▲
Profit (loss) for the period to be appropriated9905€42k€743k▲
Appropriation of the result
Profit (loss) to be appropriated9906€42k€744k▲
Profit (loss) brought forward from the previous period14P€586€338▼
Transfer to equity691/2€42k€150k▲
To other reserves6921€42k€150k▲
Social balance
Average headcount (FTE)90871.31.4▲
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €25k | €30k | €65k | €72k | ▲ 9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €45k | €45k | €45k | €46k | €37k | ▼ 20.4% |
| Other operating charges640/8 | - | €3k | €3k | €4k | €3k | ▼ 21.6% |
| Gross operating margin9900 | €140k | €596k | €195k | €254k | €717k | ▲ 182% |
| Operating profit (loss)9901 | €62k | €523k | €117k | €139k | €606k | ▲ 335% |
| Financial income75/76B | - | €8 | €27k | €26k | €519k | ▲ 1,881% |
| Recurring financial income75 | €139k | €8 | €27k | €26k | €29k | ▲ 11.9% |
| Non-recurring financial income76B | - | - | - | - | €489k | - |
| Financial charges65/66B | - | €40k | €74k | €109k | €111k | ▲ 1.9% |
| Recurring financial charges65 | €49k | €40k | €74k | €109k | €111k | ▲ 1.9% |
| Profit (loss) for the period before taxes9903 | €152k | €482k | €70k | €57k | €1.01M | ▲ 1,694% |
| Income taxes67/77 | €22k | €155k | €18k | €15k | €270k | ▲ 1,733% |
| Profit (loss) for the period9904 | €130k | €327k | €52k | €42k | €743k | ▲ 1,680% |
| Profit (loss) for the period to be appropriated9905 | €130k | €327k | €52k | €42k | €743k | ▲ 1,680% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €3.08M | €2.70M | €2.94M | €3.32M | €3.84M | ▲ 15.8% |
| Fixed assets21/28 | €263k | €535k | €493k | €466k | €432k | ▼ 7.3% |
| Tangible fixed assets22/27 | €263k | €218k | €177k | €140k | €106k | ▼ 24.4% |
| Land and buildings22 | - | €188k | €156k | €124k | €99k | ▼ 20.4% |
| Plant, machinery and equipment23 | - | €794 | €579 | €5k | €4k | ▼ 24.5% |
| Furniture and vehicles24 | - | €29k | €20k | €11k | €4k | ▼ 68.8% |
| Financial fixed assets28 | €300 | €316k | €316k | €326k | €326k | = |
| Current assets29/58 | €2.82M | €2.16M | €2.45M | €2.85M | €3.41M | ▲ 19.6% |
| Stocks and contracts in progress3 | €1.04M | €1.05M | €1.39M | €1.79M | €1.56M | ▼ 12.8% |
| Stocks30/36 | - | €1.05M | €1.39M | €1.79M | €1.56M | ▼ 12.8% |
| Amounts receivable within one year40/41 | €1.51M | €1.02M | €1.05M | €1.05M | €1.13M | ▲ 7.5% |
| Trade receivables40 | - | €32k | €33k | €23k | €40k | ▲ 75.1% |
| Other amounts receivable41 | - | €992k | €1.01M | €1.03M | €1.09M | ▲ 6.0% |
| Cash at bank and in hand54/58 | €261k | €90k | €4k | €11k | €701k | ▲ 6,427% |
| Deferred charges and accrued income490/1 | - | €4k | €4k | €4k | €23k | ▲ 420% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €3.08M | €2.70M | €2.94M | €3.32M | €3.84M | ▲ 15.8% |
| Equity10/15 | €995k | €887k | €938k | €980k | €1.72M | ▲ 75.8% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €821k | €866k | €919k | €961k | €1.11M | ▲ 15.6% |
| Non-distributable reserves130/1 | - | €19k | €0 | - | - | - |
| Reserves not available under the articles1311 | - | €19k | €0 | - | - | - |
| Tax-exempt reserves132 | - | €482 | €482 | €482 | €482 | = |
| Distributable reserves133 | - | €847k | €919k | €961k | €1.11M | ▲ 15.6% |
| Profit (loss) carried forward14 | €2k | €2k | €586 | €338 | €594k | ▲ 175,639% |
| Amounts payable17/49 | €2.09M | €1.81M | €2.00M | €2.34M | €2.12M | ▼ 9.4% |
| Amounts payable after more than one year17 | €395k | €371k | €392k | €433k | €618k | ▲ 42.8% |
| Financial debts170/4 | - | €371k | €392k | €433k | €618k | ▲ 42.8% |
| Amounts payable within one year42/48 | €1.26M | €1.43M | €1.60M | €1.89M | €1.46M | ▼ 22.8% |
| Current portion of amounts payable after more than one year42 | - | €24k | €24k | €9k | €0 | ▼ 100% |
| Financial debts43 | - | €1.25M | €1.34M | €1.54M | €1.00M | ▼ 35.0% |
| Credit institutions430/8 | - | €1.25M | €1.34M | €1.54M | €1.00M | ▼ 35.0% |
| Trade debts44 | €8k | €10k | €12k | €44k | €62k | ▲ 42.8% |
| Suppliers440/4 | - | €10k | €12k | €44k | €62k | ▲ 42.8% |
| Taxes, remuneration and social security45 | - | €64k | €37k | €33k | €129k | ▲ 293% |
| Taxes450/3 | - | €61k | €34k | €24k | €119k | ▲ 403% |
| Remuneration and social security454/9 | - | €2k | €3k | €9k | €10k | ▲ 8.8% |
| Other amounts payable47/48 | - | €82k | €184k | €262k | €265k | ▲ 1.3% |
| Accrued charges and deferred income492/3 | - | €10k | €13k | €20k | €46k | ▲ 127% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €130k | €327k | €52k | €42k | €743k | ▲ 1,680% |
| + Depreciation and write-downs630 | €45k | €45k | €45k | €46k | €37k | ▼ 20.4% |
| Operating cash flow (approximation) | €175k | €372k | €97k | €88k | €780k | ▲ 789% |
| Investment in fixed assets (approximation) | - | €-317k | €-3k | €-18k | €-2k | ▲ 86.9% |
| Change in cash | - | €-171k | €-86k | €7k | €690k | ▲ 10,233% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Highest result since 2019net €743k ▲1,680%
Operating result €606k, net result €743k, both a record.
30-06
Financial
Equity above €1MEq €1.72M ▲75.8%
6 profitable years in a row build equity to €1.72M.
30-01
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-03
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 40 days late
2020
30-06
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
15-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
28-01
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.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
6 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, Wingene · 2 establishment units since 2003
Ground area
5,899 m²
Building footprint
495 m²
Volume, LiDAR
1,413 m³
2 parcels, Flanders · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
2 establishment units
Lavoordestraat 33A, 8750 Wingene
since 20032.123.253.586
Wingman
since 20182.273.063.257
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34452B0544/00F007 | Flanders | 4,652 m² | 1 · 240 m² | 0.1 m |
| 37018A0907/00C000 | Flanders | 1,247 m² | 1 · 255 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,698 companies in sector 68121 we hold annual accounts for 7,384. 3,190 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded31-01-2003
Fiscal year end30-06
Activities, NACEBEL 2025
68121Development of residential building projects
68122Development of non-residential building projects
68310Real estate agency activities
Contact
Website
www.vastgoedontwikkelaar.be
E-mail
jean-marie@vastgoedontwikkelaar.be
Phone
056/60.21.68
E-mail
grondbeheer@vastgoedontwikkelaar.beWingene
Scores and ratios are computed by Checked and are not a credit decision.