Financials
- Fiscal year
- 2025
- Turnover
- €20.1m
- Loss
- -€914,967
- Solvency
- 41.7%
Turnover▼ 3.1%
Net result
20182025
WINSOL ACTUELL
ActiveSummary
WINSOL ACTUELL has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.5m and a net result of -€914,967. Equity is shrinking by ~3.4% per year across the filed fiscal years. Its solvency ranks better than 40% of 210 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Overview
Activity
Manufacture of rubber and plastic products
NACE 22210Manufacture of rubber and plastic products NACE 22230Manufacture of fabricated metal products, except machinery and equipment NACE 25210
#3 employer in Izegem, Manufacturing sector1 site
Size
€20.1mturnover 2025
- Staff
- 101.2 FTE
- Equity
- €6.5m
- Loss
- -€914,967
Structure
- Parent
- WINSOL INTERNATIONAL · 100%
- Board
- 2 members
- Holdings
- 1
Auditor: BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISESAccounts 30 d early
Why 80- Loss of €914,967 (FY 2025)- Liquidity: current ratio 1.91, cash €77, halved- Sector Manufacture of rubber and plastic products (NACE 22)+ Activity since 1986 (contributed into the company of 1992)Show the evidence
Checked score
Score 2025
80
/ 100
Excellent
Probability in this band: under 0.55%
Better than 29% of its sector peers (NACE 22, medium-sized)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Weak
Solvency
67+6
equity 41.7% of total assets
Liquidity
35+4
short-term debt 34.3% · cash 0.0%
Profitability
10-90
return on assets -5.9%
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
About 5 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 9 months
02-2026: 0.2%lowest value
03-2026: 0.2%▲ +1.9% vs 02-2026
04-2026: 0.2%▲ +2.4% vs 03-2026
05-2026: 0.2%▲ +4.7% vs 04-2026
06-2026: 0.2%▲ +2.8% vs 05-2026
07-2026: 0.2%▼ -0.5% vs 06-2026
08-2026: 0.5%▲ +162% vs 07-2026highest value
09-2026: 0.5%● 0.0% vs 08-2026highest value
10-2026: 0.5%● 0.0% vs 09-2026highest value
- Loss of €914,967 (FY 2025) raises the probability
- Liquidity: current ratio 1.91, cash €77, halved raises the probability
- Activity since 1986 (contributed into the company of 1992) lowers the probability for this profile
- Sector Manufacture of rubber and plastic products (NACE 22) raises the probability
Credit up to €500,000 at 30 days acceptable
Liquidity ample (current ratio 1.91 against 1.76 in 2024; short-term debt: 34.3% and cash: 0% of total assets), but 58.3% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 22, medium-sized). Better than this share of them on solvency 41%, liquidity 33%, profitability 8%, growth against the median 35%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
28 d early
2023
22 d early
2022
26 d early
2021
25 d early
2020
18 d early
2019
74 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 14 days before the deadline, and 34% 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 5 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · full…
- RestructuringPermanent representatives: Xavier COSTENOBLE, Jochen…
- Weakest financial yearnet -€914,967
Key points
- Caution: From profit to loss in 2025after €8.1m in 2024 -€914,967 View
- Caution: Among the weakest 10% on net resultsector median €160,612 · 210 companies -€914,967 View
- 2 restructurings since 2026latest: branch transferred to WINSOL GROUP 2 View
- Controlled by WINSOL INTERNATIONALultimately: MILAUHRET 100% View
- Positive: Always filed on timeaccounts within the deadline every year 6 years View
By topic
Board & ownership
- Board
- 2 members
- Parent
- WINSOL INTERNATIONAL · 100%
- Auditor
- BDO BEDRIJFSREVISOREN-BDO REVISEURS D'ENTREPRISES
Go to Board & ownership
Network & group
- Group
- MILAUHRET
- Subsidiaries
- 2
- Holdings
- 1
- Connected companies
- 4
2 subsidiaries
Timeline
- Events
- 39
- Since
- 2004
- Next accounts
- by 31-07-2027
- 01-07-2026Annual accounts filed
- 04-06-2026Restructuring
- 31-12-2025Weakest financial year
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Manufacture of rubber and plastic productsNACE 22210
- Founded
- 11-12-1992
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 5
- Purpose
- De vennootschap mag geenszins aan vermogensbeheer of beleggingsadvies doen als bedoeld in…
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