KJ WIN
ActiveThe computed 12-month bankruptcy probability of KJ WIN is 1.8% (moderate). The 2025 annual accounts show equity of €31k and a net result of €-24k. Equity is growing by ~23.3% per year across the filed fiscal years. Its solvency ranks better than 36% of 10331 sector peers (fiscal year 2025). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
43
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-39
Solvency50▼-23
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity tight (current ratio 1.29 against 1.75 in 2024; short-term debt: 57.5% and cash: 43.7% of total assets), and 75% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
25%
Return on assets
-18.8%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-24k
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-08-2026, 27 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 9 filingsDeviation from the deadline
2025
27 d late
2024
31 d early
2023
45 d early
2022
32 d early
2021
9 d early
2020
7 d late
2019
7 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€31k▼ 42.9%
2024 · €55k
2018: €-2k
2019: €17k
2020: €39k
2021: €46k
2022: €60k
2023: €78k
2024: €55k
2018 → 2025
Total assets
€125k▲ 9.8%
2024 · €114k
2018: €82k
2019: €69k
2020: €101k
2021: €95k
2022: €104k
2023: €156k
2024: €114k
2018 → 2025
Net result
€-24k▼ 726%
2024 · €-3k
2018: €-7k
2019: €19k
2020: €22k
2021: €7k
2022: €14k
2023: €18k
2024: €-3k
2018 → 2025
Working capital
€21k▼ 47.7%
2024 · €40k
2018: €-29k
2019: €-5k
2020: €17k
2021: €27k
2022: €40k
2023: €76k
2024: €40k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€46k-€60k▲ 29.9%€78k▲ 29.6%€55k▼ 29.4%€31k▼ 42.9%
Operating result€12k-€20k▲ 65.4%€28k▲ 39.2%€2k▼ 94.4%€-20k
Net result€7k-€14k▲ 93.7%€18k▲ 28.8%€-3k€-24k▼ 726%
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 turns negative in 2025: a loss of €20k after €2k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €125k
Fixed assets
€32k▲ 52.1%
Current assets
€93k▲ 0.1%
Equity and liabilities €125k
Equity
€31k▼ 42.9%
Debt
€94k▲ 58.6%
The debt ratio rises from 52.0% to 75.0%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-13k▼
2024 · €8k
Cash flow
€-16k▼
2024 · €4k
Solvency
25.0%▼
2024 · 48.0%
Current ratio
1.29▼
2024 · 1.75
Quick ratio
0.99▼
2024 · 1.27
Debt / equity
3.01▲
2024 · 1.08
ROE
-75.2%▼
2024 · -5.2%
ROA
-18.8%▼
2024 · -2.5%
Interest coverage
-4.03▼
2024 · 2.76
Debt
€94k▲
2024 · €59k
Debt ≤ 1 year
€72k▲
2024 · €53k
Debt > 1 year
€22k▲
2024 · €6k
Income taxes
€164▼
2024 · €2k
Staff costs
€83k▲
2024 · €72k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€114k€125k▲
Fixed assets21/28€21k€32k▲
Intangible fixed assets21€3k€1k▼
Tangible fixed assets22/27€17k€29k▲
Furniture and vehicles24€10k€305▼
Leasing and similar rights25-€24k
Other tangible fixed assets26€7k€5k▼
Financial fixed assets28€1k€2k▲
Current assets29/58€93k€93k▲
Stocks and contracts in progress3€25k€22k▼
Stocks30/36€25k€22k▼
Amounts receivable within one year40/41€14k€16k▲
Trade receivables40€410€14k▲
Other amounts receivable41€13k€2k▼
Cash at bank and in hand54/58€54k€55k▲
Deferred charges and accrued income490/1-€143
Equity and liabilities
Total equity and liabilities10/49€114k€125k▲
Equity10/15€55k€31k▼
Contributions10/11€19k€19k=
Outside capital11€19k€19k=
Other1109/19€19k€19k=
Profit (loss) carried forward14€36k€13k▼
Amounts payable17/49€59k€94k▲
Amounts payable after more than one year17€6k€22k▲
Financial debts170/4€6k€22k▲
Amounts payable within one year42/48€53k€72k▲
Current portion of amounts payable after more than one year42€7k€8k▲
Financial debts43-€314
Credit institutions430/8-€314
Trade debts44€14k€26k▲
Suppliers440/4€14k€26k▲
Taxes, remuneration and social security45€32k€30k▼
Taxes450/3€7k€13k▲
Remuneration and social security454/9€24k€17k▼
Other amounts payable47/48-€8k
Accrued charges and deferred income492/3-€33
Income statement
Code20242025
Non-recurring operating income76A-€764
Remuneration, social security and pensions62€72k€83k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€8k▲
Other operating charges640/8€1k€3k▲
Non-recurring operating charges66A-€5k
Gross operating margin9900€82k€77k▼
Operating profit (loss)9901€2k€-20k▼
Financial income75/76B€677€57▼
Recurring financial income75€677€57▼
Financial charges65/66B€3k€3k▲
Recurring financial charges65€3k€3k▲
Profit (loss) for the period before taxes9903€-768€-23k▼
Income taxes67/77€2k€164▼
Profit (loss) for the period9904€-3k€-24k▼
Profit (loss) for the period to be appropriated9905€-3k€-24k▼
Appropriation of the result
Profit (loss) to be appropriated9906€56k€13k▼
Profit (loss) brought forward from the previous period14P€59k€36k▼
Profit to be distributed694/7€20k-
Return on contributions (dividend)694€20k-
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
27-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 27 days late
2025
31-12
Financial
Weakest financial yearnet €-24k
Net result drops to €-24k, the lowest in the series.
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
16-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
22-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
07-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 7 days late
2020
31-12
Financial
Highest result since 2018net €22k ▲14.8%
Operating result €29k, net result €22k, both a record.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €19k
Net result €19k after one loss-making year.
02-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 2 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
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, Beauvechain · 3 establishment units since 2016
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.
Chaussée de Louvain,H.-M. 17d1320 BeauvechainGround area
572 m²
Building footprint
333 m²
Volume, LiDAR
2,374 m³
3 parcels, Wallonia · tallest building 12.4 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
Goodboro Namur
since 20162.256.741.127
Goodboro Hamme-Mille
since 20162.256.741.226
Goodboro Dinant
since 20162.256.741.325
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25038C0398/00V002 | Wallonia | 236 m² | 1 · 153 m² | 9.6 m · 3 fl. |
| 92021F0061/00F000 | Wallonia | 223 m² | 1 · 113 m² | 12.4 m · 3 fl. |
| 91034G0219/00D000 | Wallonia | 112 m² | 1 · 66 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesBeauvechain2.256.741.226
Namur2.256.741.127
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Of 418 companies in sector 47260 we hold annual accounts for 264. 204 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-09-2016
Fiscal year end31-12
Activities, NACEBEL
47260Retail trade
47789Other retail sale of new goods
46170Agents in the wholesale of food, beverages and tobacco
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesPhone:010/870829
Phone:010/870828
Phone:010/870827