WINGS
ActiveSummary
WINGS has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €123k and a net result of €150. Equity is growing by ~7.6% per year across the filed fiscal years. Its solvency ranks better than 40% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-6
Solvency69▲+10
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 1.89 against 1.5 in 2024; short-term debt: 43.4% and cash: 10.9% of total assets), but 56.4% of the assets are financed with debt.
Credit check 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% 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
43.6%
Return on assets
0.1%
Age of the figures
9 mo
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
26 d late
2023
7 d late
2022
28 d late
2021
23 d late
2020
27 d late
2019
20 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€123k▼ 16.8%
2024 · €148k
Total assets
€283k▼ 35.6%
2024 · €439k
Net result
€150▼ 99.3%
2024 · €21k
Working capital
€109k▼ 11.2%
2024 · €122k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€27k€47k▲ 72.3%€28k▼ 39.1%€26k▼ 8.8%€6k▼ 77.9%
Net result€24k€35k▲ 43.7%€17k▼ 50.6%€21k▲ 20.3%€150▼ 99.3%
Equity€115k▲ 26.7%€149k▲ 29.6%€166k▲ 11.0%€148k▼ 10.4%€123k▼ 16.8%
Total assets€442k▲ 27.3%€479k▲ 8.4%€445k▼ 7.0%€439k▼ 1.4%€283k▼ 35.6%
Debt€327k▲ 27.5%€330k▲ 0.9%€280k▼ 15.1%€291k▲ 3.9%€159k▼ 45.1%
Working capital€31k▼ 42.5%€47k▲ 53.2%€126k▲ 168%€122k▼ 3.0%€109k▼ 11.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 78% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €283k
Fixed assets
€51k ▼ 29.6%
Current assets
€231k ▼ 36.8%
Equity and liabilities €283k
Equity
€123k ▼ 16.8%
Debt
€159k ▼ 45.1%
Debt's share of the balance-sheet total falls from 66.2% to 56.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€39k▼
2024 · €58k
Cash flow
€33k▼
2024 · €53k
Current ratio
1.89▲
2024 · 1.50
Debt to equity
1.29▼
2024 · 1.96
ROE
0.1%▼
2024 · 14.0%
ROA
0.1%▼
2024 · 4.7%
Interest coverage
26.75▼
2024 · 104.02
Debt ≤ 1 year
€123k▼
2024 · €244k
Income taxes
€4k▼
2024 · €12k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €119 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €23k | €29k | €36k | €32k | €33k | ▲ 2.5% |
| Other operating charges640/8 | €13k | €25k | €59k | €22k | €22k | ▼ 0.4% |
| Non-recurring operating charges66A | €478 | - | - | - | - | - |
| Gross operating margin9900 | €63k | €100k | €124k | €80k | €61k | ▼ 24.1% |
| Operating profit (loss)9901 | €27k | €47k | €28k | €26k | €6k | ▼ 77.9% |
| Financial income75/76B | €39 | €30 | €8k | €8k | €163 | ▼ 97.9% |
| Recurring financial income75 | €39 | €30 | €546 | €99 | €163 | ▲ 64.6% |
| Non-recurring financial income76B | - | - | €8k | €7k | - | - |
| Financial charges65/66B | €209 | €379 | €11k | €668 | €2k | ▲ 206% |
| Recurring financial charges65 | €209 | €379 | €1k | €560 | €1k | ▲ 160% |
| Non-recurring financial charges66B | - | - | €10k | €108 | €586 | ▲ 443% |
| Profit (loss) for the period before taxes9903 | €27k | €46k | €25k | €33k | €4k | ▼ 88.3% |
| Income taxes67/77 | €3k | €11k | €8k | €12k | €4k | ▼ 69.3% |
| Profit (loss) for the period9904 | €24k | €35k | €17k | €21k | €150 | ▼ 99.3% |
| Profit (loss) for the period to be appropriated9905 | €24k | €35k | €17k | €21k | €150 | ▼ 99.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €442k | €479k | €445k | €439k | €283k | ▼ 35.6% |
| Fixed assets21/28 | €84k | €115k | €93k | €73k | €51k | ▼ 29.6% |
| Intangible fixed assets21 | €74k | €80k | €66k | €51k | €34k | ▼ 33.0% |
| Tangible fixed assets22/27 | €11k | €35k | €27k | €22k | €17k | ▼ 23.8% |
| Plant, machinery and equipment23 | - | €250 | €196 | €142 | €87 | ▼ 38.5% |
| Furniture and vehicles24 | €6k | €29k | €20k | €16k | €10k | ▼ 37.6% |
| Other tangible fixed assets26 | €5k | €5k | €7k | €6k | €7k | ▲ 11.7% |
| Financial fixed assets28 | - | - | - | - | €500 | - |
| Current assets29/58 | €357k | €363k | €352k | €366k | €231k | ▼ 36.8% |
| Amounts receivable within one year40/41 | €289k | €242k | €173k | €169k | €138k | ▼ 18.3% |
| Trade receivables40 | €281k | €216k | €169k | €145k | €119k | ▼ 17.9% |
| Other amounts receivable41 | €7k | €26k | €4k | €24k | €19k | ▼ 20.8% |
| Current investments50/53 | €34k | €61k | €115k | €170k | €57k | ▼ 66.8% |
| Cash at bank and in hand54/58 | €32k | €51k | €57k | €9k | €31k | ▲ 249% |
| Deferred charges and accrued income490/1 | €3k | €10k | €8k | €18k | €6k | ▼ 67.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €442k | €479k | €445k | €439k | €283k | ▼ 35.6% |
| Equity10/15 | €115k | €149k | €166k | €148k | €123k | ▼ 16.8% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €63k | €98k | €115k | €98k | €74k | ▼ 24.7% |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | €61k | €96k | €113k | €96k | €72k | ▼ 25.2% |
| Profit (loss) carried forward14 | €46k | €45k | €44k | €44k | €43k | ▼ 1.6% |
| Amounts payable17/49 | €327k | €330k | €280k | €291k | €159k | ▼ 45.1% |
| Amounts payable after more than one year17 | - | €13k | €7k | - | - | - |
| Financial debts170/4 | - | €13k | €7k | - | - | - |
| Amounts payable within one year42/48 | €327k | €316k | €226k | €244k | €123k | ▼ 49.6% |
| Current portion of amounts payable after more than one year42 | - | €6k | €6k | €7k | - | - |
| Trade debts44 | €180k | €132k | €54k | €104k | €73k | ▼ 29.1% |
| Suppliers440/4 | €180k | €132k | €54k | €104k | €73k | ▼ 29.1% |
| Taxes, remuneration and social security45 | €186 | €461 | €186 | €2k | €2k | ▼ 8.5% |
| Taxes450/3 | €186 | €186 | €186 | €2k | €2k | ▼ 8.5% |
| Remuneration and social security454/9 | - | €274 | - | - | - | - |
| Other amounts payable47/48 | €147k | €177k | €165k | €131k | €47k | ▼ 63.8% |
| Accrued charges and deferred income492/3 | - | - | €47k | €47k | €37k | ▼ 22.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24k | €35k | €17k | €21k | €150 | ▼ 99.3% |
| + Depreciation and write-downs630 | €23k | €29k | €36k | €32k | €33k | ▲ 2.5% |
| Operating cash flow (approximation) | €47k | €64k | €54k | €53k | €33k | ▼ 37.2% |
| Investment in fixed assets (approximation) | - | €-60k | €-14k | €-12k | €-12k | ▲ 4.2% |
| Change in cash | - | €19k | €6k | €-48k | €22k | ▲ 146% |
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
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
07-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 7 days late
2023
31-12
Financial
Equity above €150kEq €166k ▲11%
3 profitable years in a row build equity to €166k.
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Highest result since 2018net €35k ▲43.7%
Operating result €47k, net result €35k, both a record.
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
31-12
Financial
Back to profitnet €24k
Net result €24k after one loss-making year.
31-12
Financial
Equity above €100kEq €115k ▲26.7%
Equity rises from €91k to €115k.
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Weakest financial yearnet €-13k
Net result drops to €-13k, the lowest in the series; recovery starts the following year.
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
Show earlier events
2019
31-12
Financial
Equity above €100kEq €105k ▲11.8%
2 profitable years in a row build equity to €105k.
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
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, Ukkel · 2 establishment units since 1999
Ground area
2,708 m²
Building footprint
1,520 m²
Volume, LiDAR
36,271 m³
3 parcels, Brussels, Flanders · tallest building 33.9 m, ±9 floors. Linked by address, not a title deed.
445
companies at this address
See who is registered here
2 establishment units
Lange Haagstraat 25, 1630 Linkebeek
since 19992.253.907.341
Louizalaan 54, 1050 Elsene
since 20252.372.568.629
3 parcels
Flanders
1
(33.3%)
Brussels
2
(66.7%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0001/00L000 | Brussels | 1,625 m² | 1 · 1,286 m² | 33.9 m · 9 fl. |
| 22003C0130/00K000 | Flanders | 742 m² | 1 · 135 m² | 6.3 m · 1 fl. |
| 21616G0030/00T016 | Brussels | 342 m² | 1 · 99 m² | 13.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
3 of 3 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 82,632 companies in sector 70200 we hold annual accounts for 52,575. 40,849 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
Founded17-05-1999
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.