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 9.3 to 7.9.
Financials
Financial year 2025
WINGE GOLF from Tielt-Winge, company number BE0432304551, closed financial year 2025 with a result of € 110,046 after tax. For that financial year WINGE GOLF recorded a gross margin of € 1.1 million and equity of € 3.2 million. Compared with financial year 2024, the result moved from € 120,507 to € 110,046. The company is profitable. 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 8, 2026.
€ 3.2 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 110,046
▼ 9% vs 2024
Profit after tax over the fiscal year.
€ 1.2 million
▲ 40% 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 € -430,180.
People and assets in 2025
7.9
▼ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 567,713
▲ 1% vs 2024
€ 71,900 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.
€ 14,013
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.4 million
▼ 5% vs 2024
€ 166,667 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 75,391
▲ 24% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 77,974
▲ 10% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 905,533 | € 1,058,516 | € 1,106,677 | € 1,078,106 | ▼ 3% |
| Profit after taxes | € 93,920 | € 101,753 | € 120,507 | € 110,046 | ▼ 9% |
| Equity | € 2,900,947 | € 3,002,700 | € 3,123,208 | € 3,233,253 | ▲ 4% |
| Total debts | € 3,383,842 | € 3,352,844 | € 2,805,158 | € 3,270,539 | ▲ 17% |
| Cash | € 812,279 | € 1,054,680 | € 861,314 | € 1,204,312 | ▲ 40% |
| Land & buildings | € 5,246,793 | € 5,038,877 | € 4,820,845 | € 4,578,022 | ▼ 5% |
| Retained profit | € -762,487 | € -660,733 | € -540,226 | € -430,180 | ▲ € 110,046 |
| Bank debt | € 2,186,388 | € 2,136,383 | € 1,426,896 | € 1,350,298 | ▼ 5% |
| Balance sheet total | € 6,284,789 | € 6,355,544 | € 5,928,366 | € 6,503,792 | ▲ 10% |
| Employees (FTE) | 8.2 | 9.3 | 8.5 | 7.9 | ▼ 0.6 |
Key figures of WINGE GOLF, 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 WINGE GOLF?
What happened at WINGE GOLF in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 110,046 (▼ 9% vs 2024). Source: NBB ↗
- Pascale Carron stepped down as director. NBB
- Isabelle Santens stepped down as director. NBB
- Frank Donck stepped down as director. NBB
- Group Ter Wyndt BV stepped down as director. NBB
- Pascale Carron became a director. NBB
- Isabelle Santens became a director. NBB
- Frank Donck became a director. NBB
In short
From € 93,920 profit in 2022 to € 110,046 profit in 2025.
Paid € 618 in corporate taxes since 2022.
Best year ever: 2024, with € 120,507 profit.
On average € 136,500 of value added per employee in 2025.
Management
The stake of Group Ter Wyndt comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
WINGE GOLFThe shares are held by Group Ter Wyndt (100%).
Directors
According to the 2025 annual accounts
since 2020 · until 2026
Isabelle Santens
Director
Also active at: ANSA, TER WYNDT, MARROBAN, Group Ter Wyndt, Golfzicht, IPSILA
since 2020 · until 2026
Frank Donck
Chairman of the board
Also active at: IMDOMA, TER WYNDT, IBERVEST, MADO, IMMOBILIEN DONCK, 3 D, ANFRA, IBERIS +12 more
since 2020 · until 2026
since 2020 · until 2026
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Leuvensesteenweg 254
3390 Tielt-Winge
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0432.304.551
- VAT number
- BE 0432.304.551
- Registered office
- Leuvensesteenweg 254, 3390 Tielt-Winge
- Names & denominations
- WINGE GOLF
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 October 1987
- Peppol
- Active · Active since 7 Jan 2026
- Contact
- wingegolf.be
- Activities · NACE
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Kantines
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