G. VANWYNSBERGHE
ActiveG. VANWYNSBERGHE has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €230k and a net result of €24k. Equity is growing by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 60% of 26049 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability65▲+6
Solvency70▼-14
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17k at 30 days acceptable
Liquidity ample (current ratio 1.62 against 2.28 in 2023; short-term debt: 45.1% and cash: 43.7% of total assets), but 55.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
44 d early
2022
49 d early
2021
45 d early
2020
47 d early
2019
42 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€230k▲ 11.6%
2023 · €206k
2018: €124k
2019: €139k
2020: €153k
2021: €164k
2022: €175k
2023: €206k
2018 → 2024
Total assets
€517k▲ 48.9%
2023 · €347k
2018: €213k
2019: €264k
2020: €293k
2021: €280k
2022: €319k
2023: €347k
2018 → 2024
Net result
€24k▼ 23.2%
2023 · €31k
2018: €10k
2019: €16k
2020: €13k
2021: €11k
2022: €12k
2023: €31k
2018 → 2024
Working capital
€144k▼ 20.2%
2023 · €180k
2018: €120k
2019: €134k
2020: €129k
2021: €131k
2022: €152k
2023: €180k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€153k-€164k▲ 7.1%€175k▲ 7.1%€206k▲ 17.8%€230k▲ 11.6%
Operating result€23k-€21k▼ 9.0%€24k▲ 14.5%€54k▲ 125%€42k▼ 22.7%
Net result€13k-€11k▼ 19.1%€12k▲ 7.6%€31k▲ 168%€24k▼ 23.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 23% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €517k
Fixed assets
€140k▲ 439%
Current assets
€377k▲ 17.4%
Equity and liabilities €517k
Equity
€230k▲ 11.6%
Debt
€286k▲ 104%
The debt ratio rises from 40.5% to 55.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€75k▲
2023 · €63k
Cash flow
€57k▲
2023 · €40k
Solvency
44.6%▼
2023 · 59.5%
Current ratio
1.62▼
2023 · 2.28
Quick ratio
1.35▼
2023 · 1.90
Debt / equity
1.24▲
2023 · 0.68
ROE
10.4%▼
2023 · 15.1%
ROA
4.6%▼
2023 · 9.0%
Interest coverage
4.82▲
2023 · 3.45
Debt
€286k▲
2023 · €141k
Debt ≤ 1 year
€233k▲
2023 · €141k
Debt > 1 year
€54k
Income taxes
€9k▼
2023 · €12k
Staff costs
€305k▲
2023 · €273k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€347k€517k▲
Fixed assets21/28€26k€140k▲
Tangible fixed assets22/27€26k€140k▲
Furniture and vehicles24€26k€140k▲
Financial fixed assets28€62€62=
Current assets29/58€321k€377k▲
Stocks and contracts in progress3€54k€62k▲
Stocks30/36€54k€62k▲
Amounts receivable within one year40/41€75k€86k▲
Trade receivables40€75k€68k▼
Other amounts receivable41€202€18k▲
Cash at bank and in hand54/58€189k€226k▲
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€347k€517k▲
Equity10/15€206k€230k▲
Contributions10/11€19k€19k=
Reserves13€188k€212k▲
Tax-exempt reserves132€23k€23k=
Distributable reserves133€165k€189k▲
Amounts payable17/49€141k€286k▲
Amounts payable after more than one year17-€54k
Financial debts170/4-€54k
Amounts payable within one year42/48€141k€233k▲
Current portion of amounts payable after more than one year42-€15k
Trade debts44€34k€54k▲
Suppliers440/4€34k€54k▲
Taxes, remuneration and social security45€42k€45k▲
Taxes450/3€5k€4k▼
Remuneration and social security454/9€37k€41k▲
Other amounts payable47/48€65k€119k▲
Income statement
Code20232024
Remuneration, social security and pensions62€273k€305k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€33k▲
Other operating charges640/8€3k€6k▲
Gross operating margin9900€339k€386k▲
Operating profit (loss)9901€54k€42k▼
Financial income75/76B€7k€6k▼
Recurring financial income75€7k€6k▼
Financial charges65/66B€18k€15k▼
Recurring financial charges65€18k€15k▼
Profit (loss) for the period before taxes9903€43k€33k▼
Income taxes67/77€12k€9k▼
Profit (loss) for the period9904€31k€24k▼
Profit (loss) for the period to be appropriated9905€31k€24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€31k€24k▼
Transfer to equity691/2€31k€24k▼
To other reserves6921€31k€24k▼
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €31k ▲168%
Operating result €54k, net result €31k, both a record.
31-12
Financial
Equity above €200kEq €206k ▲17.8%
6 profitable years in a row build equity to €206k.
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €150kEq €153k ▲9.6%
3 profitable years in a row build equity to €153k.
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
16-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Harelbeke · 1 establishment unit since 1995
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Generaal Deprezstraat 148530 HarelbekeGround area
106 m²
Parcel 34322B0453/00L000, Flanders. Linked by address, not a title deed.
1 establishment unit
VANWYNSBERGHE BVBA
since 19952.072.387.479
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34322B0453/00L000 | Flanders | 106 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 · 1 entry · 204 EUR awarded · 204 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 204 EUR | 204 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
1 categoryG. VANWYNSBERGHE BV22078
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Of 1,510 companies in sector 47540 we hold annual accounts for 805. 659 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-06-1995
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
47540Retail sale of electrical household appliances
52450
Sources
Crossroads Bank for EnterprisesNational Bank · 29 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.