Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 25.6 to 18.7.
Financials
Financial year 2025
WINSOL INDUSTRIES from Izegem, company number BE0405104563, closed financial year 2025 with a result of € 87,885 after tax. For that financial year WINSOL INDUSTRIES recorded revenue of € 4.7 million and equity of € 4.3 million. Compared with financial year 2024, the result moved from € -120,180 to € 87,885. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 4.3 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 87,885
▲ still € 120,180 loss in 2024
Profit after tax over the fiscal year.
€ 15
▼ € 20,632 vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3.3 million.
People and assets in 2025
18.7
▼ 4.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 893,893
▼ 13% vs 2024
€ 47,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 8,598
▼ 18% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 879,923
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 86 days on average.
€ 159,732
▼ 17% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | € 5,776,135 | € 5,089,489 | € 4,691,755 | ▼ 8% |
| Gross margin | € 1,510,451 | - | - | - | |
| Profit after taxes | € 329,246 | € 253,930 | € -120,180 | € 87,885 | ▲ € 208,065 |
| Equity | € 4,292,317 | € 4,292,317 | € 4,172,137 | € 4,260,022 | ▲ 2% |
| Total debts | € 3,247,074 | € 1,596,655 | € 1,063,846 | € 1,039,655 | ▼ 2% |
| Cash | € 25,395 | € 18,696 | € 20,647 | € 15 | ▼ € 20,632 |
| Land & buildings | - | - | € 28,270 | € 34,789 | ▲ 23% |
| Retained profit | € 3,320,425 | € 3,320,425 | € 3,200,245 | € 3,288,131 | ▲ 3% |
| Dividend | € 0 | € 253,930 | € 0 | € 0 | |
| Bank debt | € 33 | € 43 | € 0 | € 0 | |
| Balance sheet total | € 7,545,331 | € 5,895,794 | € 5,235,983 | € 5,299,677 | ▲ 1% |
| Employees (FTE) | 25.3 | 25.6 | 23.6 | 18.7 | ▼ 4.9 |
Key figures of WINSOL INDUSTRIES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to WINSOL INDUSTRIES?
What happened at WINSOL INDUSTRIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Winsol International NV stepped down as director. NBB
- Sufina BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 87,885. Source: NBB ↗
- Winsol International NV became a director. NBB
- Sufina BV became a director. NBB
- New establishment in Izegem. KBO
- Start of the company according to the CBE. KBO
In short
From € 329,246 profit in 2022 to € 87,885 profit in 2025.
Paid € 217,784 in corporate taxes since 2022.
Best year ever: 2022, with € 329,246 profit.
On average € 59,700 of value added per employee in 2022.
Management
The stake of WINSOL INTERNATIONAL, WINSOL ACTUELL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WINSOL INDUSTRIESThe shares are held by WINSOL INTERNATIONAL (100%) and WINSOL ACTUELL (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Xavier Costenoble
Also active at: WINSOL GROUP, HELIOS TRADING, WINSOL, Winbalu, WINSOL ACTUELL
since 2023 · until 2029
Chairman of the board · represented by Jochen Moortgat
Also active at: WINSOL GROUP, De Groote Gaston, HELIOS TRADING, WINSOL, Winbalu, Astrix, BOUWBEDRIJF VMG - DE COCK, VMG - DE COCK WERKHUIZEN EN LOGISTIEK +21 more
since 2023 · until 2029
Shareholders
100%
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Roeselaarsestraat 542
8870 Izegem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.104.563
- VAT number
- BE 0405.104.563
- Registered office
- Roeselaarsestraat 542, 8870 Izegem
- Names & denominations
- WINSOL INDUSTRIES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 December 1953
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
Vervaardiging van deuren en vensters van kunststof
Vervaardiging van kunststofelementen voor de bouw
Vervaardiging van ijzer en staal en van ferrolegeringen