WINNER SOFTWARE
ActiveSummary
WINNER SOFTWARE has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €31k and a net result of €831. Equity is growing by ~14.3% per year across the filed fiscal years. Its solvency ranks better than 44% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability39▼-2
Solvency51▼-8
Growth69▲+5
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity tight (current ratio 1.3 against 1.47 in 2023; short-term debt: 74.2% and cash: 29.6% of total assets), and 74.2% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five 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
Retail trade (NACE 47)
about 45% more bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
25.8%
Return on assets
0.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-10-2025, 64 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
64 d late
2023
154 d late
2022
71 d late
2021
108 d late
2020
101 d late
2019
145 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Turnover
€126k▲ 28.2%
2023 · €98k
2018: €93k
2019: €83k▼ -10.0% vs 2018lowest in 7 years
2020: €87k▲ +4.0% vs 2019
2021: €167k▲ +91.9% vs 2020highest in 7 years
2022: €135k▼ -18.8% vs 2021
2023: €98k▼ -27.2% vs 2022
2024: €126k▲ +28.2% vs 2023
2018 → 2024
EBIT margin
2.2%▼ 3.7pp
2023 · 5.9%
2018: -0.9%
2019: -3.1%▼ -251% vs 2018lowest in 7 years
2020: 3.2%▲ +205% vs 2019
2021: 2.2%▼ -30.8% vs 2020
2022: 8.3%▲ +273% vs 2021highest in 7 years
2023: 5.9%▼ -29.5% vs 2022
2024: 2.2%▼ -63.4% vs 2023
2018 → 2024
Net result
€831▼ 32.1%
2023 · €1k
2018: €-3k
2019: €-4k▼ -61.6% vs 2018lowest in 7 years
2020: €2k▲ +143% vs 2019
2021: €3k▲ +52.0% vs 2020
2022: €7k▲ +152% vs 2021highest in 7 years
2023: €1k▼ -83.0% vs 2022
2024: €831▼ -32.1% vs 2023
2018 → 2024
Working capital
€27k▼ 1.2%
2023 · €27k
2018: €18k
2019: €16k▼ -11.4% vs 2018
2020: €13k▼ -18.0% vs 2019lowest in 7 years
2021: €17k▲ +29.6% vs 2020
2022: €26k▲ +53.0% vs 2021
2023: €27k▲ +4.7% vs 2022highest in 7 years
2024: €27k▼ -1.2% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€87k-€167k▲ 91.9%€135k▼ 18.8%€98k▼ 27.2%€126k▲ 28.2%
2020: €87klowest in 5 years
2021: €167k▲ +91.9% vs 2020highest in 5 years
2022: €135k▼ -18.8% vs 2021
2023: €98k▼ -27.2% vs 2022
2024: €126k▲ +28.2% vs 2023
Equity€16k-€22k▲ 33.8%€29k▲ 33.3%€30k▲ 4.2%€31k▲ 2.8%
2020: €16klowest in 5 years
2021: €22k▲ +33.8% vs 2020
2022: €29k▲ +33.3% vs 2021
2023: €30k▲ +4.2% vs 2022
2024: €31k▲ +2.8% vs 2023highest in 5 years
Operating result€3k-€4k▲ 32.7%€11k▲ 203%€6k▼ 48.7%€3k▼ 53.0%
2020: €3k
2021: €4k▲ +32.7% vs 2020
2022: €11k▲ +203% vs 2021highest in 5 years
2023: €6k▼ -48.7% vs 2022
2024: €3k▼ -53.0% vs 2023lowest in 5 years
Net result€2k-€3k▲ 52.0%€7k▲ 152%€1k▼ 83.0%€831▼ 32.1%
2020: €2k
2021: €3k▲ +52.0% vs 2020
2022: €7k▲ +152% vs 2021highest in 5 years
2023: €1k▼ -83.0% vs 2022
2024: €831▼ -32.1% vs 2023lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 53% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €120k
Fixed assets
€4k ▲ 39.0%
Current assets
€115k ▲ 36.1%
Equity and liabilities €120k
Equity
€31k ▲ 2.8%
Debt
€89k ▲ 53.6%
Debt's share of the balance-sheet total rises from 65.8% to 74.2%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.30▼
2023 · 1.47
Quick ratio
1.29▼
2023 · 1.37
Debt to equity
2.87▲
2023 · 1.92
ROE
2.7%▼
2023 · 4.1%
ROA
0.7%▼
2023 · 1.4%
Debt ≤ 1 year
€89k▲
2023 · €58k
Income taxes
€1k▼
2023 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 41 lines
Balance sheet
Code20232024
Assets
Total assets20/58€88k€120k▲
Fixed assets21/28€3k€4k▲
Intangible fixed assets21€3k€3k=
Financial fixed assets28€187€1k▲
Current assets29/58€85k€115k▲
Stocks and contracts in progress3€6k€1k▼
Stocks30/36€6k€1k▼
Amounts receivable within one year40/41€60k€78k▲
Trade receivables40€37k€42k▲
Other amounts receivable41€23k€36k▲
Cash at bank and in hand54/58€19k€35k▲
Deferred charges and accrued income490/1-€932
Equity and liabilities
Total equity and liabilities10/49€88k€120k▲
Equity10/15€30k€31k▲
Contributions10/11€19k€19k=
Reserves13€171€171=
Non-distributable reserves130/1€171€171=
Reserves not available under the articles1311€171€171=
Profit (loss) carried forward14€11k€12k▲
Amounts payable17/49€58k€89k▲
Amounts payable within one year42/48€58k€89k▲
Financial debts43€891-
Credit institutions430/8€891-
Trade debts44€27k€35k▲
Suppliers440/4€27k€35k▲
Advances received on contracts in progress46€24k€40k▲
Taxes, remuneration and social security45€6k€13k▲
Taxes450/3€6k€13k▲
Income statement
Code20232024
Turnover70€98k€126k▲
Non-recurring operating income76A€1k-
Other operating charges640/8€2k€2k▲
Gross operating margin9900€8k€5k▼
Operating profit (loss)9901€6k€3k▼
Financial charges65/66B€670€463▼
Recurring financial charges65€670€463▼
Profit (loss) for the period before taxes9903€5k€2k▼
Income taxes67/77€4k€1k▼
Profit (loss) for the period9904€1k€831▼
Profit (loss) for the period to be appropriated9905€1k€831▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€12k▲
Profit (loss) brought forward from the previous period14P€10k€11k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €87k | €167k | €135k | €98k | €126k | ▲ 28.2% |
| Non-recurring operating income76A | - | €2k | €3k | €1k | - | - |
| Remuneration, social security and pensions62 | - | - | €10k | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €1k | €1k | - | - | - |
| Other operating charges640/8 | - | €363 | €446 | €2k | €2k | ▲ 0.3% |
| Non-recurring operating charges66A | - | - | €189 | - | - | - |
| Gross operating margin9900 | €4k | €5k | €23k | €8k | €5k | ▼ 40.1% |
| Operating profit (loss)9901 | €3k | €4k | €11k | €6k | €3k | ▼ 53.0% |
| Financial income75/76B | - | - | €34 | - | - | - |
| Recurring financial income75 | - | - | €34 | - | - | - |
| Financial charges65/66B | - | €862 | €476 | €670 | €463 | ▼ 30.9% |
| Recurring financial charges65 | €417 | €475 | €476 | €670 | €463 | ▼ 30.9% |
| Non-recurring financial charges66B | - | €387 | - | - | - | - |
| Profit (loss) for the period before taxes9903 | €2k | €3k | €11k | €5k | €2k | ▼ 55.9% |
| Income taxes67/77 | - | - | €4k | €4k | €1k | ▼ 63.4% |
| Profit (loss) for the period9904 | €2k | €3k | €7k | €1k | €831 | ▼ 32.1% |
| Profit (loss) for the period to be appropriated9905 | €2k | €3k | €7k | €1k | €831 | ▼ 32.1% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €51k | €99k | €107k | €88k | €120k | ▲ 36.2% |
| Fixed assets21/28 | €3k | €5k | €3k | €3k | €4k | ▲ 39.0% |
| Intangible fixed assets21 | - | €3k | €3k | €3k | €3k | = |
| Tangible fixed assets22/27 | €2k | €1k | - | - | - | - |
| Furniture and vehicles24 | - | €1k | - | - | - | - |
| Financial fixed assets28 | €750 | €750 | €187 | €187 | €1k | ▲ 620% |
| Current assets29/58 | €48k | €94k | €104k | €85k | €115k | ▲ 36.1% |
| Stocks and contracts in progress3 | €540 | €2k | €3k | €6k | €1k | ▼ 80.0% |
| Stocks30/36 | - | €2k | €3k | €6k | €1k | ▼ 80.0% |
| Amounts receivable within one year40/41 | €31k | €61k | €70k | €60k | €78k | ▲ 29.9% |
| Trade receivables40 | - | €47k | €48k | €37k | €42k | ▲ 13.1% |
| Other amounts receivable41 | - | €14k | €23k | €23k | €36k | ▲ 57.1% |
| Cash at bank and in hand54/58 | €16k | €31k | €29k | €19k | €35k | ▲ 86.5% |
| Deferred charges and accrued income490/1 | - | €231 | €808 | - | €932 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €51k | €99k | €107k | €88k | €120k | ▲ 36.2% |
| Equity10/15 | €16k | €22k | €29k | €30k | €31k | ▲ 2.8% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €171 | €171 | €171 | €171 | €171 | = |
| Non-distributable reserves130/1 | - | €171 | €171 | €171 | €171 | = |
| Reserves not available under the articles1311 | - | €171 | €171 | €171 | €171 | = |
| Profit (loss) carried forward14 | €-3k | €3k | €10k | €11k | €12k | ▲ 7.4% |
| Amounts payable17/49 | €35k | €77k | €78k | €58k | €89k | ▲ 53.6% |
| Amounts payable within one year42/48 | €35k | €77k | €78k | €58k | €89k | ▲ 53.6% |
| Financial debts43 | - | - | - | €891 | - | - |
| Credit institutions430/8 | - | - | - | €891 | - | - |
| Trade debts44 | €15k | €45k | €44k | €27k | €35k | ▲ 30.0% |
| Suppliers440/4 | - | €45k | €44k | €27k | €35k | ▲ 30.0% |
| Advances received on contracts in progress46 | - | €25k | €23k | €24k | €40k | ▲ 68.4% |
| Taxes, remuneration and social security45 | - | €7k | €12k | €6k | €13k | ▲ 126% |
| Taxes450/3 | - | €7k | €12k | €6k | €13k | ▲ 126% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2k | €3k | €7k | €1k | €831 | ▼ 32.1% |
| + Depreciation and write-downs630 | €1k | €1k | €1k | - | - | - |
| Operating cash flow (approximation) | €3k | €4k | €8k | €1k | €831 | ▼ 32.1% |
| Investment in fixed assets (approximation) | - | €-3k | €563 | €0 | €-1k | - |
| Change in cash | - | €14k | €-1k | €-10k | €16k | ▲ 257% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
03-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 64 days late
01-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 154 days late
2023
10-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
31-12
Financial
Highest result since 2018net €7k ▲152%
Operating result €11k, net result €7k, both a record.
16-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 108 days late
2021
09-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 101 days late
2020
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
23-12
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 145 days late
2019
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
31-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 92 days late
2018
31-10
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 92 days late
2017
16-10
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 77 days late
2016
27-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 88 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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, Brussel · 1 establishment unit since 1999
Ground area
9,884 m²
Building footprint
1,479 m²
Volume, LiDAR
22,306 m³
2 parcels, Brussels, Flanders · tallest building 23.5 m, ±6 floors. Linked by address, not a title deed.
45
companies at this address
See who is registered here
1 establishment unit
Grensstraat 7, 1831 Machelen (Brab.)
since 19992.090.981.488
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21819D0090/00P000 | Brussels | 8,062 m² | 1 · 656 m² | 18.0 m · 4 fl. |
| 23015B0085/00R000 | Flanders | 1,823 m² | 1 · 823 m² | 23.5 m · 6 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 3,225 companies in sector 47400 we hold annual accounts for 1,807. 1,320 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded10-03-1999
Fiscal year end31-12
Activities, NACEBEL 2025
47400Retail sale of information and communication equipment
62100Computer programming
46500Wholesale of information and communication equipment
95100Repair and maintenance of computers and communication equipment
Scores and ratios are computed by Checked and are not a credit decision.