ACTIVE

WINSTON

Financial year 2025 · Closed on 31/12/2025

Net result130 k €-50,9 %over 1 year

Gross margin644,9 k €-9,8 %over 1 year

Equity3,5 M €+3,8 %over 1 year

Identity

Source · BCE/KBO

WINSTON is a Private limited company incorporated in 1987. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Aalst.

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0430.973.473
Incorporation: 16/04/1987
Legal form: Private limited company
Registered office: Kattestraat 19
9300 Aalst · FlandreSee on map
Contributed capital: 72 000,00 €
Latest accounts: 31/12/2025

Activities (NACE)

68203Rental and operating of own or leased real estate· main 68203Rental and operating of own or leased real estate 70203Management consultancy activities 68201Rental and operating of own or leased real estate 68201Rental and operating of own or leased real estate

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 18 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	644,9 k €	-9.8%	715,2 k €	+9.3%	654,6 k €	+22.3%	535,2 k €	+11.8%	478,8 k €
EBITDA	417,7 k €	-35.2%	644,7 k €	+13.6%	567,8 k €	+32.2%	429,5 k €	+13.0%	380,1 k €
Operating result	251,9 k €	-43.5%	446 k €	+42.4%	313,2 k €	+37.2%	228,3 k €	+30.0%	175,6 k €
Net result	130 k €	-50.9%	264,8 k €	+51.7%	174,6 k €	+50.7%	115,9 k €	+44.5%	80,2 k €
Balance sheet
Equity	3,5 M €	+3.8%	3,4 M €	+3.9%	3,3 M €	+5.6%	3,1 M €	+3.9%	3 M €
Total assets	5,2 M €	-0.5%	5,2 M €	+2.1%	5,1 M €	-0.4%	5,1 M €	-0.3%	5,1 M €
Cash	1,2 M €	-22.0%	1,5 M €	+19.0%	1,3 M €	+2.7%	1,3 M €	-8.0%	1,4 M €
Debts	1,5 M €	-10.0%	1,7 M €	-0.8%	1,7 M €	-10.8%	1,9 M €	-7.4%	2 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bruno Raepsaet	Directorsince 21/03/2023Manager21/03/2013 → 2015 accountsendedAdministrator - manager2019 accountsended
Frederic Raepsaet	Directorsince 21/03/2013Manager21/03/2013 → 2015 accountsendedAdministrator - manager2019 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Achilles Raepsaet	Manager01/04/2003 → 21/03/2013
Mieke Deruwe	Manager01/04/2003 → 21/03/2013

Other companies at this address

Kattestraat 19 9300 Aalst

Company	CBE no.
ASCOLABO● Active	0819.241.214
LEONARDO● Active	0899.062.811
WINDSOR● Active	0887.338.083

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	03/09/2026	30/07/2025	31/07/2024	25/08/2023	29/06/2022	29/07/2021
General meeting	30/06/2026	30/06/2025	26/04/2024	28/04/2023	27/05/2022	28/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/06/2026	03/09/2026	Dutch	PDF
Micro model	31/12/2024	30/06/2025	30/07/2025	Dutch	PDF
Micro model	31/12/2023	26/04/2024	31/07/2024	Dutch	PDF
Micro model	31/12/2022	28/04/2023	25/08/2023	Dutch	PDF
Micro model	31/12/2021	27/05/2022	29/06/2022	Dutch	PDF
Micro model	31/12/2020	28/05/2021	29/07/2021	Dutch	PDF
Micro model	31/12/2019	08/09/2020	29/10/2020	Dutch	PDF
Micro model	31/12/2018	31/05/2019	19/07/2019	Dutch	PDF
Abridged model	31/12/2017	30/06/2018	28/07/2018	Dutch	PDF
Abridged model	31/12/2016	19/09/2017	22/09/2017	Dutch	PDF
Abridged model	31/12/2015	12/08/2016	29/08/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	26/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	30/07/2014	Dutch	PDF
Abridged model	31/12/2012	26/04/2013	11/07/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	24/08/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	26/07/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	12/07/2010	Dutch	PDF
Abridged model	31/12/2008	24/04/2009	15/05/2009	Dutch	PDF
Abridged model	31/12/2007	23/05/2008	10/06/2008	Dutch	PDF
Abridged model	31/12/2006	27/04/2007	24/05/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

2 active · 2 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Bruno Raepsaet	Directorsince 21/03/2023Manager21/03/2013 → 2015 accountsendedAdministrator - manager2019 accountsended
Frederic Raepsaet	Directorsince 21/03/2013Manager21/03/2013 → 2015 accountsendedAdministrator - manager2019 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Achilles Raepsaet	Manager01/04/2003 → 21/03/2013
Mieke Deruwe	Manager01/04/2003 → 21/03/2013

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates11/04/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares01/02/2018
KAPITAAL - AANDELEN
PDF
Other04/04/2013
WIJZIGING RECHTSVORM - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other22/10/2010
VERBETERENDE AKTE
PDF
Capital / shares15/06/2010
KAPITAAL - AANDELEN
PDF
Mandates09/04/2003
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Mandates09/04/2003
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings18 filings

Mandates

Frederic Raepsaet

Bruno Raepsaet

Mieke Deruwe

Achilles Raepsaet

1987198819891990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

WINSTON

Kattestraat 19, 9300 Aalst

DirectorManager

Manager

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Kattestraat 19, 9300 AalstCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00501995

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
WINSTONCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00501995

Events

2025
Annual accounts 2025130 k €↓
2024
Annual accounts 2024264,8 k €↑
2023
Annual accounts 2023174,6 k €↑
2022
Annual accounts 2022115,9 k €↑
2021
Annual accounts 202180,2 k €↑
2020
Annual accounts 2020-1,4 k €↓
2019
Annual accounts 2019233,7 k €↑
2018
Annual accounts 201896,4 k €↑
2017
Annual accounts 201748,1 k €↓
2016
Annual accounts 2016146,4 k €↓
2015
Annual accounts 2015212,7 k €↑
2014
Annual accounts 2014191,9 k €↓
2013
Annual accounts 2013221,5 k €↑
2010
Annual accounts 201072,3 k €↓
2009
Annual accounts 2009106,5 k €↓
2008
Annual accounts 2008128,9 k €↑
2007
Annual accounts 2007101,1 k €↓
2006
Annual accounts 2006114,3 k €
16/04/1987
IncorporationPrivate limited company

WINSTON

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events