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WINSTON AVENUE

Active
Public limited companyfounded 2001active for 25 yearsChurchilllaan 1, 8790 Waregem, BelgiumKBO/BCE: BE 0475.803.014
Summary

WINSTON AVENUE has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€28,584) and a net result of €163,926, of which €114,664 non-recurring income. Equity has been growing by about 16% per year since 2019. Its solvency ranks better than 5% of 4,127 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 08-10-2001 Normal situation
Activity
Other legal services NACE 69109and 1 other
Establishment unit
2.095.463.284 8790 Waregem, since 20-12-2001
Financial year end
30 June
Peppol
Reachable since 30-01-2025

Board and ownership

Board

Financial position

55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts to 30-06-2025
Gross margin
€172,431
▲ 471%
Turnover
≈ €300,000
estimated
Profit
€163,926
▲ 538%
Equity
-€28,584
▲ 85.2%
Total assets
€547,306
▼ 24.6%
  • Negative equity on 30-06-2025
Net result +538%: one-off income
Score breakdownraises riskCapped at 59: negative equityNegative equity -€28,584lowers riskSize: total assets €547,306Sector: Legal and accounting activities (NACE 69)Legal form: public limited companyShow the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 45% of micro companies in legal and accounting (NACE 69)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Average
Solvency 20+20
equity -5.2% of total assets
Liquidity 26-2
short-term debt 63.1% · cash 7.4%
Profitability 100+54
return on assets 30.0%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median < 0.1% (20,094 companies, NACE 69, micro)
Last 24 months 12-2024: 0.9%highest value 01-2025: 0.4%▼ -0.5 percentage points vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.4%● unchanged vs 03-2025 05-2025: 0.4%● unchanged vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.4%● unchanged vs 06-2025 08-2025: 0.4%● unchanged vs 07-2025 09-2025: 0.4%● unchanged vs 08-2025 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.5%▲ +0.1 percentage points vs 10-2025 12-2025: 0.1%▼ -0.4 percentage points vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026lowest value 05-2026: 0.1%● unchanged vs 04-2026lowest value 06-2026: 0.1%● unchanged vs 05-2026lowest value 07-2026: 0.1%● unchanged vs 06-2026lowest value 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.57 (0.62 in 2024), below 1. Short-term debt is 63.1% and cash 7.4% of total assets. Equity is negative.
Calculation

The band follows from the bankruptcy probability. 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 69, micro). It does better than 3% of them on solvency, 7% on liquidity, 82% on profitability and 88% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

The probability rests on the annual accounts with balance sheet date 30-06-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€28,584
NBB · annual accounts
lowers risk · Size: total assets €547,306
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Sector: Legal and accounting activities (NACE 69)
KBO
lowers risk · Legal form: public limited company
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 4127 sector peers (2025).
NBB · sector comparison
Position among 4127 sector peers
Solvency
better than 5%
← weakest strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 24-11-2025, 68 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
68 days early
2024
45 days early
2023
16 days early
2022
42 days early
2021
10 days early
2020
5 days late
2019
on the day
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 25 days before the deadline. In the sector (NACE 69), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 20 December (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end05-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€28,584 View
  • Caution: Lower solvency than 95% of companies in legal and accountingsector median 44.3% · 4,127 companies -5.2% View
  • Positive: Equity rose in 2025from -€192,510 to -€28,584 ▲ 85.2% View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View
  • Positive: 5 profitable years in a rowprofit 2025: €163,926, mostly one-off 5 years View

Recent changes

  1. · Gazette deed Registered office moved to WaregemNew registered office: Churchilllaan 1 bus 301, 8790 Waregem · Reappointments: Carlos Ghistelinck (director) and Anthony Ghistelinck (director) · Changes of role: Carlos Ghistelinck (managing director) and Anthony Ghistelinck (managing director)
  2. · Gazette deed Incorporation
All 15 events

Comparable companies

These companies have the same main activity as WINSTON AVENUE: other legal services (NACE 69109). They are comparable in size and age: total assets between €419,000 and €733,000, founded between 1996 and 2006.

CompanyTotal assetsGross margin
WINSTON AVENUE Waregem€547,306€172,431
SUCCESSIEKANTOOR PICKE Sint-Pieters-Leeuw€644,547€176,150
CHEFIMMO Verviers€693,950€153,910
BUSINESS-INTEGRATED INTELLECTUAL PROPERTY Leuven€593,514€166,693
RUBICON PARTNERS Antwerp€419,421€135,682
Joanna Goyder Etterbeek€732,598€123,180
EUJUS STUDIO LEGALE Woluwe-Saint-Pierre€513,719€112,831
Full comparison

Key facts about WINSTON AVENUE

What is the company number of WINSTON AVENUE?
The company number of WINSTON AVENUE is 0475.803.014. The VAT number is the same number with BE in front: BE 0475.803.014.
Where is WINSTON AVENUE based?
The registered office is at Churchilllaan 1, 8790 Waregem.Company details
What does WINSTON AVENUE do?
According to the KBO register, the main activity is other legal services (NACE 69109).
What is the legal form of WINSTON AVENUE?
WINSTON AVENUE is a public limited company (NV).
When was WINSTON AVENUE founded?
WINSTON AVENUE was founded on 08-10-2001.
Is WINSTON AVENUE still active?
Yes, WINSTON AVENUE is an active enterprise in the KBO register.
What is the turnover of WINSTON AVENUE?
The turnover in financial year 2025 is ≈ €300,000. This figure is estimated from the gross margin of €172,431 and 38 comparable companies (NACE 691). It probably lies between €240,000 and €450,000.Financials
Is WINSTON AVENUE profitable?
In financial year 2025, WINSTON AVENUE made a profit of €163,926.
Where can I find the annual accounts of WINSTON AVENUE?
WINSTON AVENUE filed 24 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WINSTON AVENUE due?
WINSTON AVENUE must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

Next steps

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