Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Shrinking team NBB
FTE fell two years in a row, from 29.6 to 2.9.
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Figures corrected NBB
Corrected annual account filed for 2023.
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Late annual account NBB
Fiscal year 2023 was filed 573 days after the legal deadline.
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Annual account missing NBB
Fiscal year 2024 was expected before 31 July 2025 and has not been filed.
Financials
Financial year 2023
WYNS DISTRIBUTION SERVICE from Ternat, company number BE0861563502, closed financial year 2023 with a result of € 1.8 million after tax. For that financial year WYNS DISTRIBUTION SERVICE recorded a gross margin of € 3.4 million and equity of € 728,886. Compared with financial year 2022, the result moved from € -617,839 to € 1.8 million. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on February 24, 2026.
€ 728,886
▲ € 1.3 million vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.8 million
▲ still € 617,839 loss in 2022
Profit after tax over the fiscal year.
€ 4.5 million
▲ € 3.6 million vs 2022
Cash and bank balances on the last day of the fiscal year.
€ 560,000 paid out
31 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2023
2.9
▼ 20.5 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 745,108
▼ 19% vs 2022
€ 256,900 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.
Debts at end 2023
None
No bank loans on the last day of the fiscal year.
€ 6,108
▼ € 3.1 million vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 444,325
▲ € 402,778 vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 726,800 | € 559,707 | € 3,351,474 | ▲ € 2.8 million |
| Profit after taxes | € -222,080 | € -617,839 | € 1,816,954 | ▲ € 2.4 million |
| Equity | € 89,770 | € -528,068 | € 728,886 | ▲ € 1.3 million |
| Total debts | € 2,607,117 | € 3,709,461 | € 5,020,607 | ▲ 35% |
| Cash | € 183,034 | € 872,569 | € 4,453,897 | ▲ € 3.6 million |
| Land & buildings | € 463,887 | € 451,355 | € 438,823 | ▼ 3% |
| Retained profit | € 83,570 | € -534,268 | € 722,686 | ▲ € 1.3 million |
| Dividend | € 0 | € 0 | € 560,000 | |
| Balance sheet total | € 2,696,887 | € 3,181,392 | € 5,749,493 | ▲ 81% |
| Employees (FTE) | 29.6 | 23.4 | 2.9 | ▼ 20.5 |
Key figures of WYNS DISTRIBUTION SERVICE, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to WYNS DISTRIBUTION SERVICE?
What happened at WYNS DISTRIBUTION SERVICE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Corrected annual accounts filed for financial year 2023. filed late Source: NBB ↗
- New establishment in Ternat. KBO
- Start of the company according to the CBE. KBO
In short
From € 222,080 loss in 2021 to € 1.8 million profit in 2023.
Paid € 421,467 in corporate taxes since 2021.
Best year ever: 2023, with € 1.8 million profit.
On average € 1.2 million of value added per employee in 2023.
Management
Behind WYNS DISTRIBUTION SERVICE are Freddy Wyns and Wyns Drinks Services NV. Freddy Wyns is also behind RONJA, WIJNS DRINKS SERVICE and IMMO WYNS. Wyns Drinks Services NV is also behind STATION OVERIJSCHE.
Directors
According to the 2023 annual accounts
Establishments
Establishment units
Physical locations of this company
Borredam 24
1740 Ternat
Kerkstraat 43
1742 Ternat
Active since 7 November 2003
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0861.563.502
- VAT number
- BE 0861.563.502
- Registered office
- Borredam 24, 1740 Ternat
- Names & denominations
- WYNS DISTRIBUTION SERVICE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 November 2003
- Peppol
- Active · Active since 11 Mar 2025
- Activities · NACE
Detailhandel in dranken, algemeen assortiment
Detailhandel in alcoholische en andere dranken
Overige detailhandel in voedingsmiddelen, neg
Overige detailhandel in voedings- en genotmiddelen in gespecialiseerde winkels, n.e.g.
Overige detailhandel in voedingsmiddelen in gespecialiseerde winkels, n.e.g.