Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 2 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 55 % of short-term debt in 2024; threshold 65 %.
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Busy address KBO
51 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
Awingu from Gent, company number BE0832859222, closed financial year 2024 with a result of € -613,081 after tax. For that financial year Awingu recorded revenue of € 2.4 million and equity of € -2.7 million. Compared with financial year 2023, the result moved from € -5.2 million to € -613,081. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on November 13, 2025.
€ -2.7 million
▼ € 613,081 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -613,081
▲ 88 % less loss than in 2023
Profit after tax over the fiscal year.
€ 218,940
▲ 11% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -4.5 million.
People and assets in 2024
17.6
▼ 4.4 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 4.8 million
▼ 18% vs 2023
€ 274,100 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.
€ 1,026
▼ 18% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
None
No bank loans on the last day of the fiscal year.
€ 3.3 million
▲ 24% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 1.2 million
▼ 15% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | € 2,635,165 | € 1,772,768 | € 2,358,586 | ▲ 33% |
| Gross margin | € 892,960 | € 6,170,171 | € 797,725 | € 4,233,218 | ▲ € 3.4 million |
| Profit after taxes | € -534,664 | € 1,853,374 | € -5,229,894 | € -613,081 | ▲ € 4.6 million |
| Equity | € 903,077 | € 3,098,209 | € -2,131,684 | € -2,744,765 | ▼ € 613,081 |
| Total debts | € 1,283,262 | € 2,402,284 | € 4,887,408 | € 5,209,172 | ▲ 7% |
| Cash | € 463,188 | € 195,035 | € 197,990 | € 218,940 | ▲ 11% |
| Retained profit | € -534,664 | € 1,318,710 | € -3,911,183 | € -4,524,264 | ▼ € 613,081 |
| Bank debt | € 670,063 | € 0 | € 0 | € 0 | |
| Balance sheet total | € 2,186,339 | € 5,500,493 | € 2,755,724 | € 2,464,407 | ▼ 11% |
| Employees (FTE) | 16 | 17.3 | 22 | 17.6 | ▼ 4.4 |
Key figures of Awingu, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Awingu?
What happened at Awingu in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Christa Quarles stepped down as director. NBB
- Dana Lyn Dingman stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 613,081. filed late Source: NBB ↗
- Jeffrey S. Byal stepped down as director. NBB
- Jeffrey S. Byal became a director. NBB
- Christa Quarles became a director. NBB
- Dana Lyn Dingman became a director. NBB
- New establishment in Gent. KBO
In short
From € 534,664 loss in 2021 to € 613,081 loss in 2024.
Paid € 194,750 in corporate taxes since 2021.
Best year ever: 2022, with € 1.9 million profit.
On average € 240,500 of value added per employee in 2024.
A new publication or filing at Awingu? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2024 annual accounts
Jeffrey S. Byal
Managing director
since 2023 · until 2024
Christa Quarles
Managing director
since 2022 · until 2028
Dana Lyn Dingman
Managing director
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Ottergemsesteenweg-Zuid 808 box 249
9000 Gent
Ottergemsesteenweg-Zuid 808 box B249
9000 Gent
Active since 3 February 2011
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 51 companies are registered at this address.
All companies at this address →Schaeffler Belgium
€ 21.9 million revenue · 2025
KONINKLIJKE ATHLETIEK ASSOCIATIE GENT - Voetbalafdeling
€ 37.5 million revenue · 2025
Bontinck Architecture and Interior NV
€ 2.5 million revenue · 2026
Sales Management Association Belgium
KAAG Management
€ 136,551 gross margin · 2025
+46 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
awingu.com
Registered
2011-03-31
Registrar
MarkMonitor Inc.
Expires
2027-03-31
Website info
Features
Security
Network
Details
- Company number
- 0832.859.222
- VAT number
- BE 0832.859.222
- Registered office
- Ottergemsesteenweg-Zuid 808 bus 249, 9000 Gent
- Names & denominations
- Awingu
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 January 2011
- Peppol
- Active · Active since 2 Feb 2026
- Contact
- awingu.com
- Activities · NACE
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