WINLUX
ActiveSummary
WINLUX has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €117,451 and a net result of €38,227. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 43% of 28806 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Overview
What they do
General electrical installation work
NACE 43211Joinery installation NACE 43320
2 sites
How big
€290,838total assets 2025
- Staff
- 0.8 FTE
- Equity
- €117,451
- Profit
- €38,227
Who decides
Accounts 22 d early0 of 4 deeds read
Why 63- Higher-failure-rate sector- Multiple establishment units+ Annual accounts: healthy financial profile+ Long track record+ Growing equityLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability50▼-50
Solvency65▼-18
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity tight (current ratio 1.43 against 1.96 in 2024; short-term debt: 59.6% and cash: 57.6% of total assets), and 59.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
40.4%
Return on assets
13.1%
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
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €117,451
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
28 d early
2023
9 d late
2022
18 d early
2021
24 d early
2020
19 d early
2019
24 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 11 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
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. Usually files around 9 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Equity above €100,000Eq €117,451 ▲48.3%
- Annual accounts filedfiscal year 2024 · micro…
Financials
Fiscal year 2025Total assets €290,838Profit €38,227Solvency 40.4%Liquidity 1.43
Total assets
€290,838▲ 112%
2018 - 2025
Net result
€38,227▼ 44.8%
2018 - 2025
Equity
€117,451▲ 48.3%
2018 - 2025
Staff (FTE)
0.8
2025
Financials · fiscal year 2025, micro schema
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€1,611▼ 69.5%€10,345▲ 542%€40,872▲ 295%€90,982▲ 123%€125,072▲ 37.5%
Net result-€200below the sector's middle half€6,999within the sector's middle half€27,940within the sector's middle half▲ 299%€69,294above the sector's middle half▲ 148%€38,227above the sector's middle half▼ 44.8%
Equity€5,578below the sector's middle half▼ 3.5%€12,577below the sector's middle half▲ 125%€40,518within the sector's middle half▲ 222%€79,224within the sector's middle half▲ 95.5%€117,451within the sector's middle half▲ 48.3%
Total assets€86,313within the sector's middle half▲ 101%€53,513below the sector's middle half▼ 38.0%€69,094within the sector's middle half▲ 29.1%€136,875within the sector's middle half▲ 98.1%€290,838within the sector's middle half▲ 112%
Debt€80,734▲ 117%€40,936▼ 49.3%€28,576▼ 30.2%€57,651▲ 102%€173,386▲ 201%
Working capital€756below the sector's middle half▼ 43.2%€9,558within the sector's middle half▲ 1,165%€17,394within the sector's middle half▲ 82.0%€55,488within the sector's middle half▲ 219%€74,530within the sector's middle half▲ 34.3%
Solvency6.5%below the sector's middle half▼ 7.0pp23.5%within the sector's middle half▲ 17.0pp58.6%within the sector's middle half▲ 35.1pp57.9%within the sector's middle half▼ 0.8pp40.4%within the sector's middle half▼ 17.5pp
Current ratio1.01below the sector's middle half▼ 0.031.23within the sector's middle half▲ 0.221.61within the sector's middle half▲ 0.381.96within the sector's middle half▲ 0.351.43within the sector's middle half▼ 0.53
Return on assets (ROA)-0.2%below the sector's middle half▼ 6.6pp13.1%within the sector's middle half▲ 13.3pp40.4%above the sector's middle half▲ 27.4pp50.6%above the sector's middle half▲ 10.2pp13.1%within the sector's middle half▼ 37.5pp
Staff (FTE)0.8
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 37% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €290,838
Fixed assets
€42,921 ▲ 80.8%
Current assets
€247,917 ▲ 119%
Equity and liabilities €290,838
Equity
€117,451 ▲ 48.3%
Debt
€173,386 ▲ 201%
Debt's share of the balance-sheet total rises from 42.1% to 59.6%. Equity and debt are higher.
Key figures and ratios
Key figures and ratios
EBITDA
€135,613▲
2024 · €98,130
Cash flow
€48,769▼
2024 · €76,442
Debt to equity
1.48▲
2024 · 0.73
ROE
32.5%▼
2024 · 87.5%
Interest coverage
1.75▼
2024 · 92.86
Debt ≤ 1 year
€173,386▲
2024 · €57,651
Income taxes
€10,000▼
2024 · €20,738
Staff costs
€34,871
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.2% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | - | €34,871 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,892 | €1,913 | €2,836 | €7,148 | €10,542 | ▲ 47.5% |
| Other operating charges640/8 | €1,999 | €2,231 | €2,903 | €2,666 | €2,916 | ▲ 9.4% |
| Gross operating margin9900 | €5,502 | €14,489 | €46,611 | €100,796 | €173,401 | ▲ 72.0% |
| Operating profit (loss)9901 | €1,611 | €10,345 | €40,872 | €90,982 | €125,072 | ▲ 37.5% |
| Financial income75/76B | - | €0 | €1 | €107 | €467 | ▲ 336% |
| Recurring financial income75 | - | €0 | €1 | €107 | €467 | ▲ 336% |
| Financial charges65/66B | €366 | €277 | €989 | €1,057 | €77,311 | ▲ 7,216% |
| Recurring financial charges65 | €366 | €277 | €989 | €1,057 | €77,311 | ▲ 7,216% |
| Profit (loss) for the period before taxes9903 | €1,245 | €10,068 | €39,884 | €90,032 | €48,227 | ▼ 46.4% |
| Income taxes67/77 | €1,445 | €3,069 | €11,943 | €20,738 | €10,000 | ▼ 51.8% |
| Profit (loss) for the period9904 | -€200 | €6,999 | €27,940 | €69,294 | €38,227 | ▼ 44.8% |
| Profit (loss) for the period to be appropriated9905 | -€200 | €6,999 | €27,940 | €69,294 | €38,227 | ▼ 44.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €86,313 | €53,513 | €69,094 | €136,875 | €290,838 | ▲ 112% |
| Fixed assets21/28 | €4,823 | €3,019 | €23,124 | €23,736 | €42,921 | ▲ 80.8% |
| Intangible fixed assets21 | - | - | - | €3,978 | - | - |
| Tangible fixed assets22/27 | €4,673 | €2,759 | €22,864 | €16,498 | €39,661 | ▲ 140% |
| Plant, machinery and equipment23 | €944 | €708 | €472 | €236 | - | - |
| Furniture and vehicles24 | €3,729 | €2,051 | €22,392 | €16,262 | €39,661 | ▲ 144% |
| Financial fixed assets28 | €150 | €260 | €260 | €3,260 | €3,260 | = |
| Current assets29/58 | €81,490 | €50,494 | €45,970 | €113,139 | €247,917 | ▲ 119% |
| Amounts receivable within one year40/41 | €32,861 | €27,299 | €27,373 | €48,262 | €80,325 | ▲ 66.4% |
| Trade receivables40 | €24,885 | €19,994 | €18,550 | €41,581 | €62,731 | ▲ 50.9% |
| Other amounts receivable41 | €7,976 | €7,306 | €8,823 | €6,681 | €17,595 | ▲ 163% |
| Cash at bank and in hand54/58 | €48,629 | €23,195 | €18,597 | €64,877 | €167,592 | ▲ 158% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €86,313 | €53,513 | €69,094 | €136,875 | €290,838 | ▲ 112% |
| Equity10/15 | €5,578 | €12,577 | €40,518 | €79,224 | €117,451 | ▲ 48.3% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€622 | €6,377 | €34,318 | €73,024 | €111,251 | ▲ 52.3% |
| Amounts payable17/49 | €80,734 | €40,936 | €28,576 | €57,651 | €173,386 | ▲ 201% |
| Amounts payable within one year42/48 | €80,734 | €40,936 | €28,576 | €57,651 | €173,386 | ▲ 201% |
| Financial debts43 | - | €106 | - | €645 | - | - |
| Credit institutions430/8 | - | €106 | - | €645 | - | - |
| Trade debts44 | €73,458 | €7,010 | €6,553 | €25,881 | €76,668 | ▲ 196% |
| Suppliers440/4 | €73,458 | €7,010 | €6,553 | €25,881 | €76,668 | ▲ 196% |
| Advances received on contracts in progress46 | €3,000 | €23,011 | €3,792 | - | €150 | - |
| Taxes, remuneration and social security45 | €4,276 | €9,515 | €17,443 | €23,214 | €21,452 | ▼ 7.6% |
| Taxes450/3 | €3,926 | €4,515 | €11,943 | €17,714 | €11,714 | ▼ 33.9% |
| Remuneration and social security454/9 | €350 | €5,000 | €5,500 | €5,500 | €9,738 | ▲ 77.1% |
| Other amounts payable47/48 | - | €1,295 | €789 | €7,911 | €75,116 | ▲ 850% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€200 | €6,999 | €27,940 | €69,294 | €38,227 | ▼ 44.8% |
| + Depreciation and write-downs630 | €1,892 | €1,913 | €2,836 | €7,148 | €10,542 | ▲ 47.5% |
| Operating cash flow (approximation) | €1,692 | €8,912 | €30,776 | €76,442 | €48,769 | ▼ 36.2% |
| Investment in fixed assets (approximation) | - | -€110 | -€22,940 | -€7,760 | -€29,727 | ▼ 283% |
| Change in cash | - | -€25,435 | -€4,597 | €46,280 | €102,715 | ▲ 122% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Comparable companies
Similar companies · same sector, comparable size
MILIOTO ELECTRICITE
BE 0455.996.010
Braine-le-Comte · Eq €117,442
PROTECH ENERGY
BE 0679.633.765
Herk-de-Stad · Eq €117,412
vW-Werken
BE 0865.660.266
Bekkevoort · Eq €117,402
BART BLOCKX
BE 0550.943.568
Arendonk · Eq €117,522
DEVOS MIKE
BE 0889.589.572
Roeselare · Eq €117,371
Of 22,846 companies in this sector we hold annual accounts for 10,344. 8,765 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Timeline
15 eventsLatest 09-07-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €100,000Eq €117,451 ▲48.3%
4 profitable years in a row build equity to €117,451.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €69,294 ▲148%
Net result €69,294, the highest in the series.
09-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 9 days late
2023
13-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €6,999
Net result €6,999 after one loss-making year.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
12-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €2,753
Net result €2,753 after 2 loss-making years.
24-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 24 days late
2019
31-12
Financial
Weakest financial yearnet -€4,692
Net result drops to -€4,692, the lowest in the series; recovery starts the following year.
Show earlier events
21-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 21 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 20 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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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Support & recognitions
2 registers with recognitionsLEI issued
Registered contractor
2
categories
LEI
active
254900CRVA5CQJ1NTP25
Recognitions · licences · registrations
Recognised contractor
2 categoriesWINLUX BVapproval no. 45006
Legal Entity Identifier
254900CRVA5CQJ1NTP25
Company details
Private limited company · founded 26-02-2015Year ends 31-12Peppol reachable2 sites
Register details
Identification
Legal formPrivate limited company
Founded26-02-2015
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43320Joinery installation
41001General construction of residential buildings
43343Specialised construction activities
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0598969951
Also
9925:BE0598969951
Registered
17-04-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Sites & property
Location & real-estate footprint
Registered office, Zaventem · 2 establishment units since 2015
Ground area
3,154 m²
Building footprint
700 m²
Volume, LiDAR
5,207 m³
2 parcels, Flanders, Wallonia · tallest building 13.0 m, ±4 floors. Linked by address, not a title deed.
27
companies at this address
See who is registered here
2 establishment units
WINLUX
since 2015unit no. 2.240.308.733
WINLUX
since 2020unit no. 2.309.766.473
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23094D0045/00Y000 | Flanders | 1,914 m² | 1 · 615 m² | 10.1 m · 2 fl. |
| 92021A0381/00_000 | Wallonia | 1,239 m² | 1 · 85 m² | 13.0 m · 4 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.
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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