Checked.be
Active
BE 0786.665.446Private limited companyOpen bankruptcy
TO WIN CONSULTING
Drukpersstraat 9 ·1000 Brussel, Belgium· 4 yrs active
Conclusion
A bankruptcy procedure is open for TO WIN CONSULTING according to publications in the Belgian State Gazette. The file additionally contains 3 judicial reorganisations. The 2023 annual accounts show negative equity (€-222k) and a net result of €-226k.
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €-222k |
| Net result | €-226k |
| Staff (FTE) | 8.2 |
| Active | 4 yrs |
Financial profile
33
/ 100
Fragile profile, watch health in particular.
All 5 axes are computed from data Checked has read.
Health
0
Profitability
100
Solvency
33
Growth
32
Stability
0
Bankruptcy probability (12 mo)
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
Risk Assessment
80 / 100
Severe riskRegister: open bankruptcyThis score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.
Components
· 3 judicial reorganisations (+30)
· Open bankruptcy (+50)
Trust signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Health barometer
0
/ 100
Critical
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.
Financial overview
Annual accounts filed on 03-03-2025 with the NBB · fiscal year 2023 · volledig
€-198k
-
22-23
€-226k
-
22-23
€-210k
-
22-23
€238k
+209.9%
22-23
€-222k
-
22-23
€-246k
-
22-23
8
-
22-23
€391k
-
22-23
Show 11 other metrics
€379
-
22-23
€460k
+538.6%
22-23
€336k
+366.7%
22-23
€124k
-
22-23
0.27
-74.8%
22-23
0.18
-83.2%
22-23
-92.9%
-
22-23
-2.08
-
22-23
102.2%
+164.0%
22-23
-95.0%
-
22-23
-18.51
-
22-23
Figures by fiscal year
| Fiscal year | 2023 |
|---|---|
| Deposit | volledig |
| Revenue | - |
| EBITDA | €-198k |
| Net profit | €-226k |
| Cash flow | €-210k |
| Staff costs | €391k |
| Income taxes | €379 |
| Dividends | - |
| Total assets | €238k |
| Equity | €-222k |
| Debt | €460k |
| of which ≤ 1y | €336k |
| of which > 1y | €124k |
| Working capital | €-246k |
| Employees (FTE) | 8.2 |
Ratios (computed)
| 2023 | |
|---|---|
| Current ratio | 0.27 |
| Quick ratio | 0.18 |
| Working capital ratio | -103.1% |
| Solvency | -92.9% |
| Debt / equity | -2.08 |
| Long-term debt ratio | -0.56 |
| Interest coverage | -18.51 |
| Gross margin | - |
| Net margin | - |
| ROA | -95.0% |
| ROE | 102.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2023
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2023 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €238k |
| Fixed assets | 21/28 | €148k |
| Intangible fixed assets | 21 | €137k |
| Tangible fixed assets | 22/27 | €11k |
| Current assets | 29/58 | €90k |
| Stocks & contracts in progress | 3 | €30k |
| Amounts receivable within one year | 40/41 | €49k |
| Cash & bank | 54/58 | €12k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €238k |
| Equity | 10/15 | €-222k |
| Contributions / capital | 10/11 | €3k |
| Accumulated profits (losses) | 14 | €-225k |
| Amounts payable | 17/49 | €460k |
| Amounts payable after one year | 17 | €124k |
| Amounts payable within one year | 42/48 | €336k |
| Trade debts payable within one year | 44 | €63k |
| Income statement | ||
| Gross operating margin | 9900 | €201k |
| Operating result | 9901 | €-215k |
| Financial charges | 65 | €11k |
| Result before taxes | 9903 | €-226k |
| Income taxes | 67/77 | €379 |
| Net result for the period | 9904 | €-226k |
| Result to be appropriated | 9905 | €-226k |
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan.
See plans →
Ratios computed by Checked.
Directors & mandates
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | ALEXANDRE SAUSSEZ LEUVENSESTEENWEG 369,
1932 SINT-STEVENS-WOLUWE |
22-09-2025 → present | Belgian State Gazette |
Legal Structure
| NACE primary | - |
| Legal form | Private limited company(610) |
| Incorporation | 31-05-2022 |
| Status | Active |
| Postal code | 1000 |
| First BS signal | 08-01-2025 |
| Latest BS signal | 29-09-2025 |
Establishment units
To Win Consulting
since 20222.333.259.972
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21803C0268/00C002 ProtectedSite or landscape · MonumentVoormalig Hotel en bank Empain - voormalig Hotel de Knuyt de VosmaerSource ↗ |
Brussels | 1,823 m² | 1 · 197 m² | 21.8 m · 6 fl. |
| 21807G0113/00F003 | Brussels | 612 m² | 1 · 269 m² | 32.3 m · 7 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Updates
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
2025
29-09-2025
Bankruptcy
Opening
01-08-2025
State Gazette act
Registered-office change
23-07-2025
Judicial reorganisation
Extension
07-04-2025
Judicial reorganisation
Extension
03-03-2025
NBB filing
Annual accounts filed
08-01-2025
Judicial reorganisation
Opening
2023
11-07-2023
NBB filing
Annual accounts filed
Lifecycle & Insolvency Signals
29-09-2025
Bankruptcy
Opening
Full insolvency chronology
The full chronology lists every recorded event with its date, the competent court and the appointed liquidator or administrator. It answers at which stage the proceedings stand and whether they are still running.
We hold 3 further earlier events in this file, covering 11-12-2024 to 22-09-2025.
Available in Kantoor S.
See plans →
Time machine, BS events + macro context
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgian State Gazette reading coverage
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
Address history · 1
01-08-2025
Registered-office move
All acts · 1
updated 1 year ago
2025
01-08-2025 Registered office moved from Ixelles to Bruxelles
- Avenue Louise 190/4e étage, 1050 Ixelles → Rue de la Presse 9, Bruxelles 1000
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Rue de la Presse 9, Bruxelles 1000",
"city": "Bruxelles",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Rue de la Presse",
"country": "BE",
"postcode": "1000",
"box_number": null,
"street_number": "9",
"locality_suffix": null
},
"old_address": {
"raw": "Avenue Louise 190/4e \u00E9tage, 1050 Ixelles",
"city": "Ixelles",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Avenue Louise",
"country": "BE",
"postcode": "1050",
"box_number": "4e \u00E9tage",
"street_number": "190",
"locality_suffix": null
},
"effective_date": "2025-07-16",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Ixelles",
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2025-08-01",
"filing_date": "2025-07-16",
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "assemblee_generale_extraordinaire",
"date": "2025-07-16",
"unanimous": true
},
"subject_company": {
"kbo": "0786.665.446",
"name_full": "TO WIN CONSULTING",
"legal_form": "S.R.L."
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "NAOUM THIERRY NORREDINE",
"org_rep_person_name": null,
"person_role_at_subject": "Administrateur"
},
"co_filed_documents": [
"Bijlagen.bij het Belgisch Staatsblad - 01/08/2025- Annexes du Moniteur belge."
]
}Credit advice
Company registry (CBE)
Names & trade names
| Legal nameFR | TO WIN CONSULTING |
Registered office
Drukpersstraat 9
1000 Brussel, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.