ACTIVE

WINLOCK SYSTEMS

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Financial year 2024 · closed on 31/12/2024

Net result

443,9 k €

-22.8% YoY

Revenue

22,8 M €

+6.3% YoY

Equity

4 M €

+12.6% YoY

Workforce

71,5 ETP

+25.4% YoY

What does WINLOCK SYSTEMS do?

WINLOCK SYSTEMS is a Public limited company incorporated in 1997. Its main activity is: Manufacture of other builders' carpentry and joinery. Its registered office is in Lokeren. It employs on average 71,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0460.961.123

Incorporation

03/07/1997

Legal form

Public limited company

Registered office

Weverslaan 32
9160 Lokeren · FlandreSee on map

Contributed capital

61 500,00 €

Latest accounts

31/12/2024

Average workforce

71,5 ETP

Activities (NACE)

16230Manufacture of other builders' carpentry and joinery· main 16230Manufacture of other builders' carpentry and joinery 20300Manufacture of paints, varnishes and similar coatings, printing ink and mastics 25120Manufacture of doors and windows of metal 25120Manufacture of doors and windows of metal 22220Manufacture of plastic packing goods+5

Joint committees (4)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 14 financial years

	2024		2023		2022		2021		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	22,8 M €	+6.3%	21,4 M €	+17.8%	18,2 M €	+19.2%	15,3 M €		–		–		–		–		–		–		–		–		–		–
EBITDA	1,2 M €	-6.4%	1,3 M €	+6.2%	1,2 M €	+187%	432,5 k €	-32.9%	644,2 k €	+73.2%	371,9 k €	-34.3%	566,2 k €	+84.3%	307,2 k €	-28.3%	428,6 k €	+20.6%	355,2 k €	-6.9%	381,5 k €	-18.3%	466,9 k €	+8.0%	432,3 k €	-5.3%	456,5 k €
Operating result	807,8 k €	-12.6%	924,3 k €	+8.8%	849,9 k €	+651%	113,1 k €	-75.1%	454,1 k €	+134%	193,8 k €	-49.8%	386,2 k €	+208%	125,3 k €	-41.8%	215,4 k €	-11.0%	241,9 k €	-7.1%	260,2 k €	-20.0%	325,5 k €	+12.4%	289,6 k €	+3.4%	280,1 k €
Net result	443,9 k €	-22.8%	575,3 k €	-12.0%	654 k €	+1703%	36,3 k €	-87.1%	281,8 k €	+106%	136,8 k €	-42.0%	235,7 k €	+220%	73,6 k €	-62.4%	195,9 k €	+29.4%	151,3 k €	+11.1%	136,2 k €	-33.6%	205,2 k €	+20.7%	170 k €	-8.0%	184,7 k €
Balance sheet
Equity	4 M €	+12.6%	3,5 M €	+19.5%	3 M €	+13.6%	2,6 M €	+26.3%	2,1 M €	+10.9%	1,9 M €	+7.9%	1,7 M €	+13.9%	1,5 M €	+5.1%	1,4 M €	+15.8%	1,2 M €	+13.9%	1,1 M €	+14.3%	953 k €	+27.4%	747,8 k €	+23.0%	607,8 k €
Total assets	12,2 M €	+6.3%	11,5 M €	+28.5%	9 M €	+24.9%	7,2 M €	+85.4%	3,9 M €	+25.8%	3,1 M €	-6.7%	3,3 M €	+16.0%	2,8 M €	-5.9%	3 M €	+41.7%	2,1 M €	+1.7%	2,1 M €	-1.6%	2,1 M €	+11.5%	1,9 M €	-2.3%	2 M €
Cash	1,1 M €	-26.5%	1,5 M €	+138%	620,4 k €	-35.1%	955,4 k €	+83.1%	521,8 k €	+169%	193,7 k €	-65.4%	560 k €	+71.4%	326,6 k €	+5.2%	310,4 k €	+67.5%	185,3 k €	-48.3%	358,4 k €	-13.7%	415,2 k €	+331%	96,3 k €	-44.4%	173,4 k €
Debts	8,2 M €	+3.7%	7,9 M €	+34.7%	5,9 M €	+30.5%	4,5 M €	+148%	1,8 M €	+50.6%	1,2 M €	-23.3%	1,6 M €	+17.7%	1,3 M €	-15.9%	1,6 M €	+77.7%	891,5 k €	-11.5%	1 M €	-14.5%	1,2 M €	+2.1%	1,2 M €	-12.1%	1,3 M €
Other
Workforce	71,5 ETP	+25.4%	57,0 ETP	+3.1%	55,3 ETP	+7.8%	51,3 ETP	+79.4%	28,6 ETP	-11.5%	32,3 ETP	+6.6%	30,3 ETP	+22.7%	24,7 ETP	+19.9%	20,6 ETP	+43.1%	14,4 ETP	-6.5%	15,4 ETP	-11.5%	17,4 ETP	+12.3%	15,5 ETP	-10.9%	17,4 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 10 ended

Active mandates

WINLOCK MANAGEMENT

Bestuurder · since 28 octobre 2024 · 0882.693.664

Represented by Sylvia Roels

Active

Ended mandates

WINLOCK MANAGEMENT

Bestuurder · since 25 juillet 2006 · 0882.693.664

Represented by Sylvia Roels

Ended

WINLOCK MANAGEMENT

Director · since 25 juillet 2006 · 0882.693.664

Represented by Sylvia Roels

Ended

WINLOCK MANAGEMENT

Manager · since 25 juillet 2006 · 0882.693.664

Represented by Sylvia Roels

Ended

Winlock Management BV

Bestuurder · since 25 juillet 2006

Represented by Sylvia Roels

Ended

At this address

Other companies at this address

Company	CBE no.
PORTIA● Active	0675.678.046
Portsys● Active	0678.359.503
Veni Vidi Vici● Active	0798.257.243
WINLOCK MANAGEMENT● Active	0882.693.664

Annual accounts

Full financial information

	2024	2023	2022	2021	2020	2019
Type of account	Full model	Full model	Full model	Full model	Full model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/07/2025	26/07/2024	24/07/2023	30/09/2022	28/10/2021	02/10/2020
General meeting	25/07/2025	26/07/2024	24/07/2023	30/09/2022	18/06/2021	19/06/2020
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

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2024	25/07/2025	30/07/2025	Dutch	PDF
Full model	31/12/2023	26/07/2024	26/07/2024	Dutch	PDF
Full model	31/12/2022	24/07/2023	24/07/2023	Dutch	PDF
Full model	31/12/2021	30/09/2022	30/09/2022	Dutch	PDF
Full model	31/12/2020	18/06/2021	28/10/2021	Dutch	PDF
Abridged model	31/12/2019	19/06/2020	02/10/2020	Dutch	PDF
Abridged model	31/12/2018	21/06/2019	30/09/2019	Dutch	PDF
Abridged model	31/12/2017	15/06/2018	27/09/2018	Dutch	PDF
Abridged model	31/12/2016	16/06/2017	28/09/2017	Dutch	PDF
Abridged model	31/12/2015	17/06/2016	20/09/2016	Dutch	PDF
Abridged model	31/12/2014	25/09/2015	30/09/2015	Dutch	PDF
Abridged model	31/12/2013	11/09/2014	30/09/2014	Dutch	PDF
Abridged model	31/12/2012	21/06/2013	07/10/2013	Dutch	PDF
Abridged model	31/12/2011	15/06/2012	19/06/2012	Dutch	PDF
Abridged model	31/12/2010	03/10/2011	04/10/2011	Dutch	PDF
Abridged model	31/12/2009	23/09/2010	29/09/2010	Dutch	PDF
Abridged model	31/12/2008	25/08/2009	27/08/2009	Dutch	PDF
Abridged model	31/12/2007	25/08/2008	28/08/2008	Dutch	PDF
Abridged model	31/12/2006	22/08/2007	30/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Governance

Board of directors

Seen on filing of 31/12/2024 · 1 active · 10 ended

Active mandates

WINLOCK MANAGEMENT

Bestuurder · since 28 octobre 2024 · 0882.693.664

Represented by Sylvia Roels

Active

Ended mandates

WINLOCK MANAGEMENT

Bestuurder · since 25 juillet 2006 · 0882.693.664

Represented by Sylvia Roels

Ended

WINLOCK MANAGEMENT

Director · since 25 juillet 2006 · 0882.693.664

Represented by Sylvia Roels

Ended

WINLOCK MANAGEMENT

Manager · since 25 juillet 2006 · 0882.693.664

Represented by Sylvia Roels

Ended

Winlock Management BV

Bestuurder · since 25 juillet 2006

Represented by Sylvia Roels

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates05/11/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates13/09/2024
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/03/2022
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares12/06/2018
KAPITAAL - AANDELEN
PDF
Capital / shares20/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares14/04/2009
DOEL - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates25/02/2009
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2024
Annual accounts 2024443,9 k €↓
2023
Annual accounts 2023575,3 k €↓
2022
Annual accounts 2022654 k €↑
2021
Annual accounts 202136,3 k €↓
2015
Annual accounts 2015281,8 k €↑
2014
Annual accounts 2014136,8 k €↓
2013
Annual accounts 2013235,7 k €↑
2012
Annual accounts 201273,6 k €↓
2011
Annual accounts 2011195,9 k €↑
2010
Annual accounts 2010151,3 k €↑
2009
Annual accounts 2009136,2 k €↓
2008
Annual accounts 2008205,2 k €↑
2007
Annual accounts 2007170 k €↓
2006
Annual accounts 2006184,7 k €
03/07/1997
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

WINLOCK SYSTEMS

Overview

What does WINLOCK SYSTEMS do?

Trend over 14 financial years

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