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WINSTAR

Active
Private limited companyfounded 2024active for 2 yearsRucaplein 53, 2610 Antwerpen, BelgiumKBO/BCE: BE 1007.469.714
Summary

The computed 12-month bankruptcy probability of WINSTAR is 7.6% (elevated). The 2024 annual accounts show negative equity (-€9,397) and a net result of -€9,397. Its solvency ranks better than 15% of 235 sector peers (NACE 38, financial year 2024). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Materials recovery from waste
NACE 38210
1 site
Size
€926,062turnover 2024
Equity
-€9,397
Loss
-€9,397
Financial health
31 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
7.6%
Structure
Accounts filed 92 days late0 of 2 deeds read
Why 31raises risk1 financial year not filed after the legal deadline; latest accounts 92 days late; 1 of the last 3 lateFigures for financial year 2024 (filed 10-11-2025)Founded in 2024Liquidity: current ratio 0.92, cash €253Show the evidence

Checked score

Score 2024
31 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 11% of its sector peers (NACE 38, micro)
Financial strength
Weak
Solvency 17
equity -7.6% of total assets
Liquidity 0
short-term debt 107.6% · cash 0.2%
Profitability 12
return on assets -7.6%
Bankruptcy probability, 12 months
7.6% Elevated
0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (517 companies, NACE 38, micro)
Last 24 months 04-2025: 1.8%lowest value 05-2025: 1.8%● unchanged vs 04-2025lowest value 06-2025: 1.9%▲ +0.1 percentage points vs 05-2025 07-2025: 2.2%▲ +0.3 percentage points vs 06-2025 08-2025: 2.3%▲ +0.1 percentage points vs 07-2025 09-2025: 2.6%▲ +0.3 percentage points vs 08-2025 10-2025: 2.6%● unchanged vs 09-2025 11-2025: 2.9%▲ +0.3 percentage points vs 10-2025 12-2025: 5.1%▲ +2.2 percentage points vs 11-2025 01-2026: 5.1%● unchanged vs 12-2025 02-2026: 5.3%▲ +0.2 percentage points vs 01-2026 03-2026: 5.5%▲ +0.2 percentage points vs 02-2026 04-2026: 5.6%▲ +0.1 percentage points vs 03-2026 05-2026: 5.6%● unchanged vs 04-2026 06-2026: 5.5%▼ -0.1 percentage points vs 05-2026 07-2026: 5.5%● unchanged vs 06-2026 08-2026: 6.1%▲ +0.6 percentage points vs 07-2026 09-2026: 6.3%▲ +0.2 percentage points vs 08-2026 10-2026: 7.6%▲ +1.3 percentage points vs 09-2026highest value
No credit on open account
Liquidity insufficient (current ratio 0.92; short-term debt: 107.6% and cash: 0.2% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 38, micro): better than 13% on solvency, 2% on liquidity and 17% on profitability.

The bankruptcy probability was computed on 12-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 92 days late; 1 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 10-11-2025)
NBB · annual accounts
raises risk · Founded in 2024
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · Liquidity: current ratio 0.92, cash €253
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-10-2025, 92 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 1 filing
Deviation from the deadline
2024
92 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 92 days after the deadline; the sector median (NACE 38) for financial year 2024 is 8 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2024.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€9,397 View
  • Caution: Among the weakest 15% on equitysector median €53,630 · 235 companies -€9,397 View
  • Caution: Latest accounts filed lateafter the legal deadline 92 days View

By topic

Financials

Financial year
2024
Turnover
€926,062
Loss
-€9,397
Solvency
-7.6%
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
Materials recovery from wasteNACE 38210
Founded
22-03-2024
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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