Skip to content
Checked.be
Complete company report
Generated 18-07-2026
Active BE 0753.847.574Private limited companyOpen bankruptcy

Wings-DR

Bollestraat 69 ·8820 Torhout, Belgium· 5 yrs active
Sector: NACE 53200 (53200)
Conclusion Checked

A bankruptcy procedure is open for Wings-DR according to publications in the Belgian State Gazette. The 2023 annual accounts show equity of €340 and a net result of €3k.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €340
Net result €3k
Better than sector 22%
Active 5 yrs
Snowflake analysis 5 axes · computed by Checked
Health4Profitability79Solvency8Growth52Stability0
29 / 100

Fragile profile, watch stability in particular.

Health 4
Profitability 79
Solvency 8
Growth 52
Stability 0
Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based
50 / 100
High risk
Components
· Open bankruptcy (+50)
Trust signals 1 signals
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2023 · computed
4 / 100 Critical
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 17-10-2024 with the NBB · fiscal year 2023 · micro
€-100k€0€100k€200k€300k€400kRevenue 2022: €374k€374kOperating result 2022: €-2k€-2kNet result 2022: €-2k€-2kRevenue 2023: €32k€32kOperating result 2023: €3k€3kNet result 2023: €3k€3k20222023
RevenueOperating resultNet result
Sector comparison
Fiscal year 2023 · NACE 53 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 2.1% 28.4%
better than 22% of 231 sector peers
Net result €3k €6k
better than 40% of 231 sector peers
Equity €340 €17k
better than 22% of 231 sector peers
Gross operating margin €5k €30k
better than 16% of 230 sector peers
Total assets €16k €61k
better than 10% of 231 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€32k
-91.4% 22-23
EBITDA
€5k
+888.0% -93% vs sector
Net profit
€3k
- -94% vs sector
Cash flow
€5k
- -92% vs sector
Total assets
€16k
+208.1% -89% vs sector
Equity
€340
- -100% vs sector
Working capital
€-3k
- far below sector median
Staff costs
€192k
- -80% vs sector
Income taxes
€113
- -99% vs sector
Debt
€16k
+111.9% -71% vs sector
Debt ≤ 1y
€16k
+111.9% -66% vs sector
Current ratio
0.82
- -70% vs sector
Quick ratio
0.82
- -70% vs sector
Solvency
2.1%
- -97% vs sector
Debt / equity
46.81
- far above sector median
ROE
757.4%
+657.4% far above sector median
ROA
15.8%
- far above sector median
Net margin
8.0%
- 22-23
EBITDA margin
14.4%
+11342.0% 22-23
Interest coverage
7.84
+701.8% -64% vs sector
Figures by fiscal year
Fiscal year2023
Revenue€32k
EBITDA€5k
Net profit€3k
Cash flow€5k
Staff costs-
Income taxes€113
Dividends-
Total assets€16k
Equity€340
Debt€16k
of which ≤ 1y€16k
of which > 1y-
Working capital€-3k
Employees (FTE)-
Ratios (computed)
2023
Current ratio0.82
Quick ratio0.82
Working capital ratio-18.1%
Solvency2.1%
Debt / equity46.81
Long-term debt ratio-
Interest coverage7.84
Gross margin14.1%
Net margin8.0%
ROA15.8%
ROE757.4%
EBITDA margin14.4%
Days sales outstanding147d
Days payable outstanding204d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€16k
Fixed assets 21/28€3k
Tangible fixed assets 22/27€3k
Current assets 29/58€13k
Amounts receivable within one year 40/41€13k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€16k
Equity 10/15€340
Accumulated profits (losses) 14€340
Amounts payable 17/49€16k
Amounts payable within one year 42/48€16k
Trade debts payable within one year 44€16k
Income statement
Turnover 70€32k
Gross operating margin 9900€5k
Operating result 9901€3k
Financial income 75€634
Financial charges 65€593
Result before taxes 9903€3k
Income taxes 67/77€113
Net result for the period 9904€3k
Result to be appropriated 9905€3k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates1 person
Role Name Tenure Source
Curator MARTINE DECHERF
KLOOSTERSTRAAT 22, 8820 TORHOUT
 09-03-2026 → present Belgian State Gazette
Legal Structure
NACE primary 53200
Legal form Private limited company(610)
Incorporation09-09-2020
StatusActive
Postal code8820
First BS signal 13-03-2026
Latest BS signal 13-03-2026
Company structure, linked entities1 linked entities
Wings-DRBE 0753.847.574MARTINE DECHERFReceiver
Mandates
Establishment units 1 location
Wings-DR
Ooststraat 22, 9600 RonseVerzamelen, vervoeren en afleveren van post en pakjes in binnen- en buitenland
since 20202.309.481.809
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
45422C1526/00H000 Flanders 719 m² 1 · 130 m² 7.7 m · 2 fl.
31523E0217/00T002 Flanders 453 m² 1 · 66 m² 9.9 m · 2 fl.
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.
Updates 4 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
13-03-2026
Bankruptcy Opening
Ondernemingsrechtbank Gent, afdeling Oostende · WINGS-DR BV BOLLE- STRAAT 69, 8820 TORHOUT · event 09-03-2026
2024
17-10-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
2023
13-12-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
27-04-2023
State Gazette act Capital & shares
Lifecycle & Insolvency Signals 1 events
13-03-2026
Bankruptcy Opening
Date: 09-03-2026 · Ondernemingsrechtbank Gent, afdeling Oostende · WINGS-DR BV BOLLE- STRAAT 69, 8820 TORHOUT · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262026-03-13 · Bankruptcy · Opening
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 1 acts
Capital history · 1
27-04-2023
Capital change
All acts · 1 updated 3 years ago
2023
27-04-2023 All shares are now held by a single shareholder Capital & shares
Technical details 
{
  "events": [
    {
      "kind": "share_transfer",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "subscribers": [
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Akram Ali Y Alzuabidi",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 100,
          "contribution_amount_eur": null
        },
        {
          "kbo": null,
          "rrn": null,
          "kind": "person",
          "name": "Suleiman Al-Chadrchi",
          "share_class": null,
          "liberation_pct": null,
          "contribution_kind": null,
          "n_shares_subscribed": 0,
          "contribution_amount_eur": null
        }
      ],
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    },
    {
      "kind": "eenhoofdigheid_declaration",
      "after_eur": null,
      "delta_eur": null,
      "before_eur": null,
      "decrease_purpose": null,
      "contribution_type": null,
      "paid_up_delta_eur": null,
      "n_shares_destroyed": null,
      "not_yet_called_eur": null,
      "merger_new_shares_n": null,
      "merger_exchange_ratio": null,
      "distribution_amount_eur": null,
      "statutory_unavailable_equity_op": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2023-04-27",
    "filing_date": "2023-04-17",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "buitengewone_algemene_vergadering",
    "act_date": "2023-04-17",
    "unanimous": null,
    "under_authorized_capital": false,
    "underlying_resolution_date": "2023-03-28"
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0753.847.574",
    "name_full": "Wings-DR",
    "legal_form": "B.V.",
    "is_foreign_registered": false
  },
  "publication_proxy": {
    "kind": "none",
    "org_kbo": null,
    "org_name": null,
    "person_name": null,
    "org_rep_person_name": null,
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "shareholders_after": [
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Akram Ali Y Alzuabidi",
      "role": "aandeelhouder",
      "n_shares": 100,
      "share_class": null
    },
    {
      "kbo": null,
      "pct": null,
      "kind": "person",
      "name": "Suleiman Al-Chadrchi",
      "role": "aandeelhouder",
      "n_shares": 0,
      "share_class": null
    }
  ],
  "share_classes_after": []
}
Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
AI due-diligence brief Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
AI-generated from Checked data; indicative, not legal or investment advice.
Company registry (CBE) Crossroads Bank
Activities
Overige posterijen en koeriers53200Overige posterijen en koeriers53200
Primary activity highlighted.
Names & trade names
Legal nameNL Wings-DR
Registered office
Bollestraat 69
8820 Torhout, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Similar companies Same NACE
KOBA EXPRESS BE 0598.941.346 · Seneffe
AM Logistics BE 0628.533.472 · Aartselaar
FOPICS BE 0604.991.176 · Jette
AE - TECH BE 0467.192.877 · Boom
EUROPEAN COLIS EXPRESS BE 0474.176.778 · Oupeye
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative