ELECTRAWINDS BIOMASSE MOUSCRON
ActiveSummary
ELECTRAWINDS BIOMASSE MOUSCRON has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.75M and a net result of €85k. Equity is growing by ~50.9% per year across the filed fiscal years. Its solvency ranks better than 62% of 270 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability69▲+63
Solvency67=
Growth35=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €700k at 30 days acceptable
Liquidity ample (current ratio 1.83 against 1.62 in 2024; short-term debt: 51.9% and cash: 0% of total assets), but 58.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 35
Relative position
BE, all sectors
reference
Sector 35
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
41.8%
Return on assets
0.3%
Age of the figures
17 mo
neutral · Filed after the deadline
The financial year that closed on 30-04-2025 was due by 30-11-2025 and was filed on 03-12-2025, 3 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
3 d late
2024
34 d late
2023
231 d late
2022
20 d late
2021
10 d late
2020
3 d early
2019
130 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-04-2026 and is due by 30-11-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-04-2026 close24-09-2026 today30-11-2026 deadline
Financials · fiscal year 2025, full schema
Turnover
€0▼ 100%
2024 · €528k
2019: €16.22M
2020: €20.48M
2021: €13.99M
2022: €12.39M
2023: €22.54M
2024: €528k
2019 → 2025
EBIT margin
-386.4%▼ 431.0pp
2023 · 44.7%
2019: 5.4%
2020: 10.8%
2021: 4.1%
2022: 1.7%
2023: 44.7%
2019 → 2024
Net result
€85k
2024 · €-1.87M
2019: €1.02M
2020: €2.12M
2021: €567k
2022: €204k
2023: €9.34M
2024: €-1.87M
2019 → 2025
Working capital
€11.02M▲ 20.4%
2024 · €9.15M
2019: €-2.14M
2020: €313k
2021: €1.18M
2022: €1.71M
2023: €10.60M
2024: €9.15M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€13.99M-€12.39M▼ 11.4%€22.54M▲ 82.0%€528k▼ 97.7%€0▼ 100%
Equity€3.10M-€3.31M▲ 6.6%€12.54M▲ 279%€10.67M▼ 14.9%€10.75M▲ 0.8%
Operating result€569k-€210k▼ 63.1%€10.07M▲ 4,694%€-2.04M€-71k▲ 96.5%
Net result€567k-€204k▼ 64.0%€9.34M▲ 4,468%€-1.87M€85k
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €71k in 2025 against €2.04M in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €25.70M
Fixed assets
€1.34M ▼ 22.5%
Current assets
€24.36M ▲ 2.1%
Equity and liabilities €25.70M
Equity
€10.75M ▲ 0.8%
Provisions
€51k =
Debt
€14.89M ▲ 0.2%
Debt's share of the balance-sheet total falls from 58.1% to 58.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€318k▲
2024 · €-1.65M
Cash flow
€474k▲
2024 · €-1.48M
Current ratio
1.83▲
2024 · 1.62
Quick ratio
1.80▲
2024 · 1.60
Debt to equity
1.38▼
2024 · 1.39
ROE
0.8%▲
2024 · -17.5%
ROA
0.3%▲
2024 · -7.3%
Interest coverage
19.35▲
2024 · -558.02
Debt ≤ 1 year
€13.33M▼
2024 · €14.70M
Debt > 1 year
€1.53M▲
2024 · €115k
Income taxes
€994▼
2024 · €4k
Staff costs
€529▼
2024 · €563k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 76 lines
Balance sheet
Code20242025
Assets
Total assets20/58€25.58M€25.70M▲
Fixed assets21/28€1.73M€1.34M▼
Tangible fixed assets22/27€1.73M€1.34M▼
Land and buildings22€783k€654k▼
Plant, machinery and equipment23€945k€685k▼
Financial fixed assets28€1k€1k=
Other financial fixed assets284/8€1k€1k=
Shares284€100€100=
Amounts receivable and cash guarantees285/8€1k€1k=
Current assets29/58€23.86M€24.36M▲
Amounts receivable after more than one year29€10.75M€10.52M▼
Other amounts receivable291€10.75M€10.52M▼
Stocks and contracts in progress3€361k€318k▼
Stocks30/36€361k€318k▼
Raw materials and consumables30/31€361k€318k▼
Amounts receivable within one year40/41€12.53M€13.27M▲
Trade receivables40€16k€289▼
Other amounts receivable41€12.51M€13.27M▲
Cash at bank and in hand54/58€14k€5k▼
Deferred charges and accrued income490/1€204k€240k▲
Equity and liabilities
Total equity and liabilities10/49€25.58M€25.70M▲
Equity10/15€10.67M€10.75M▲
Contributions10/11€14.10M€14.10M=
Capital10€14.10M€14.10M=
Issued capital100€14.10M€14.10M=
Reserves13€107k€107k=
Non-distributable reserves130/1€107k€107k=
Legal reserve130€107k€107k=
Profit (loss) carried forward14€-3.54M€-3.45M▲
Provisions and deferred taxes16€51k€51k=
Provisions for liabilities and charges160/5€51k€51k=
Taxes161€51k€51k=
Amounts payable17/49€14.86M€14.89M▲
Amounts payable after more than one year17€115k€1.53M▲
Other amounts payable178/9€115k€1.53M▲
Amounts payable within one year42/48€14.70M€13.33M▼
Financial debts43€289€502▲
Credit institutions430/8€289€502▲
Trade debts44€1.46M€69k▼
Suppliers440/4€1.46M€69k▼
Taxes, remuneration and social security45€13.24M€13.26M▲
Taxes450/3€13.24M€13.26M▲
Remuneration and social security454/9€0-
Accrued charges and deferred income492/3€49k€31k▼
Income statement
Code20242025
Operating income70/76A€530k€481k▼
Turnover70€528k€0▼
Other operating income74€3k€0▼
Non-recurring operating income76A-€481k
Operating charges60/66A€2.57M€552k▼
Goods for resale, raw materials and consumables60€7k€146▼
Purchases600/8€1k€0▼
Change in stocks: decrease (increase)609€6k€146▼
Services and other goods61€272k€98k▼
Remuneration, social security and pensions62€563k€529▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€391k€389k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€43k▲
Other operating charges640/8€36k€21k▼
Non-recurring operating charges66A€1.30M€0▼
Operating profit (loss)9901€-2.04M€-71k▲
Financial income75/76B€176k€972k▲
Recurring financial income75€176k€972k▲
Income from current assets751€176k€212k▲
Other financial income752/9€1€759k▲
Financial charges65/66B€4k€815k▲
Recurring financial charges65€4k€776k▲
Debt charges650€3k€16k▲
Other financial charges652/9€1k€760k▲
Non-recurring financial charges66B-€39k
Profit (loss) for the period before taxes9903€-1.87M€86k▲
Income taxes67/77€4k€994▼
Taxes670/3€4k€994▼
Profit (loss) for the period9904€-1.87M€85k▲
Profit (loss) for the period to be appropriated9905€-1.87M€85k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-3.54M€-3.45M▲
Profit (loss) brought forward from the previous period14P€-1.67M€-3.54M▼
Social balance
Average headcount (FTE)90875.30.0▼
The notes to these accounts (53 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
03-12
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 3 days late
30-04
Financial
Back to profitnet €85k
Net result €85k after one loss-making year.
03-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 34 days late
2024
18-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 231 days late
30-04
Financial
Weakest financial yearnet €-1.87M ▼120%
Net result drops to €-1.87M, the lowest in the series; recovery starts the following year.
2023
30-04
Financial
Highest result since 2019net €9.34M ▲4468%
Operating result €10.07M, net result €9.34M, both a record.
30-04
Financial
Liquidity quadruplescurrent ratio 4.53
Current ratio from 1.09 to 4.53; short-term debt falls from €19.74M to €3.00M.
30-04
Financial
Equity above €10MEq €12.54M ▲279%
5 profitable years in a row build equity to €12.54M.
2022
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 20 days late
2021
10-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 10 days late
2020
27-11
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
30-04
Financial
Equity above €2MEq €2.54M ▲513%
2 profitable years in a row build equity to €2.54M.
Show earlier events
08-04
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 130 days late
2019
04-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 308 days late
2018
09-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 193 days late
2017
24-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 177 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
15 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Mouscron · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Warandenstraat 177700 MouscronGround area
2.8 ha
Building footprint
3,067 m²
Parcel 54007B0159/00E002, Wallonia. Linked by address, not a title deed.
1 establishment unit
ELECTRAWINDS BIOMASSE MOUSCRON
since 20042.138.024.015
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 54007B0159/00E002 | Wallonia | 2.8 ha | 1 · 3,067 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 815 companies in sector 35110 we hold annual accounts for 631. 249 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-06-2004
Fiscal year end30-04
Activities, NACEBEL 2025
35110Production of electricity from non-renewable sources
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.