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GED FOR WIND

Active
Coöperatieve vennootschap met beperkte aansprakelijkheid· 13 yrs active
Langheidestraat 39 ·3740 Bilzen-Hoeselt, Belgium
KBO/BCE: BE 0521.883.853
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Full dossier in preparation

Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age13 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of GED FOR WIND is 0.8% (low). The 2022 annual accounts show equity of €11k and a net result of €-1k. Equity is shrinking by ~4.2% per year across the filed fiscal years. The company has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 5 annual accounts.

Signals

Insufficient current data: the most recent filed accounts (financial year 2022) are too old to derive current signals.

Filing behaviour

From the deposit records, complete market-wide
Annual accounts not filed
The financial year that closed on 31-12-2023 was due at the National Bank by 31-07-2024. Nothing is on record today, 745 days later. 3 financial years are missing in total. Measured on financial year 2023: 41.75% of the companies that did not file are in an abnormal legal state today, against 1.66% of those that did.
Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 10-08-2023, 10 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.
How we compute the deadline
The year end is derived from 8 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2022, that is 31-07-2023.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 nothing on record not filed -
31-12-2023 31-07-2024 nothing on record not filed -
31-12-2022 31-07-2023 10-08-2023 10 d late 2023-00326247
31-12-2021 31-07-2022 29-08-2022 29 d late 2022-20365656
31-12-2020 31-07-2021 24-10-2022 450 d late 2022-20479831
31-12-2019 31-07-2020 24-10-2022 815 d late 2022-20479723
31-12-2018 31-07-2019 24-10-2022 1181 d late 2022-20479196
31-12-2017 31-07-2018 24-10-2022 1546 d late 2022-20479288
31-12-2016 31-07-2017 29-09-2017 60 d late 2017-65800336
31-12-2014 31-07-2015 31-08-2015 31 d late 2015-50700087

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Established
Founded in 2013, 13 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.8% Low
0%0,5%1,5%4%10%≥25%
Lower-risk legal form Annual accounts: weaker financial profile +No NACE activity registered +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-1k-49.9%
Working capital€11k-9.1%

Annual accounts & ratios

Source: NBB · 2022
Annual accounts filed on 10-08-2023 with the NBB · fiscal year 2022 · micro
€-2k€-2k€-1k€-500€0Operating result 2020: €-348€-348Net result 2020: €-348€-348Operating result 2021: €-573€-573Net result 2021: €-746€-746Operating result 2022: €-2k€-2kNet result 2022: €-1k€-1k20182019202020212022
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining Equity: declining trend of ~4.2%/year over 5 fiscal years, indicative, assuming unchanged policy.
€8k€10k€12k€14k2023: €11k (€10k - €12k)2024: €11k (€10k - €11k)2025: €10k (€9k - €11k)2018: €13k2019: €13k2020: €13k2021: €12k2022: €11k20182019202020212022202320242025
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Net profit
€-1k
-49.9% 18-22
Total assets
€12k
-8.4% 18-22
Equity
€11k
-9.1% 18-22
Working capital
€11k
-9.1% 18-22
Debt
€1k
0.0% 18-22
Debt ≤ 1y
€1k
0.0% 18-22
Current ratio
11.19
-8.4% 18-22
Quick ratio
11.19
-8.4% 18-22
Solvency
91.1%
-0.8% 18-22
Debt / equity
0.10
+10.0% 18-22
ROE
-10.0%
-65.0% 18-22
ROA
-9.1%
-63.7% 18-22
Figures by fiscal year
Fiscal year2022
Depositmicro
Revenue-
EBITDA-
Net profit€-1k
Cash flow-
Staff costs-
Income taxes-
Dividends-
Total assets€12k
Equity€11k
Debt€1k
of which ≤ 1y€1k
of which > 1y-
Working capital€11k
Employees (FTE)-
Ratios (computed)
2022
Current ratio11.19
Quick ratio11.19
Working capital ratio91.1%
Solvency91.1%
Debt / equity0.10
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-9.1%
ROE-10.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€12k
Current assets 29/58€12k
Amounts receivable within one year 40/41€11k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€12k
Equity 10/15€11k
Contributions / capital 10/11€20k
Accumulated profits (losses) 14€-9k
Amounts payable 17/49€1k
Amounts payable within one year 42/48€1k
Income statement
Operating result 9901€-2k
Financial income 75€882
Result before taxes 9903€-1k
Net result for the period 9904€-1k
Result to be appropriated 9905€-1k
You are seeing the latest fiscal year only. 4 prior years (figures + ratios) are in a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2022 · computed
62 / 100 Healthy
050100
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2022. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap
9 companies at this address See who is registered here

Establishment units

1 location
GED FOR WIND
Langheidestraat 39, 3740 Bilzen-HoeseltVervaardiging van hydraulische apparatuur, van pneumatische motoren en krachtmachines en van door windkracht aangedreven motoren en turbines
since 20132.217.569.359
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area3,108 m²
Buildings1
Building footprint160 m²
Volume (LiDAR)1,257 m³
Tallest building10.3 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73005B0217/00P005 Flanders 3,108 m² 1 · 160 m² 10.3 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health62Profitability0Solvency100Growth32Stability100
59 / 100

Mixed profile: strong on solvency, weaker on profitability.

All 5 axes are computed from data Checked has read.

Health 62
Profitability 0
Solvency 100
Growth 32
Stability 100

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Company registry

Company registry (CBE)

Crossroads Bank
Names & trade names
Legal nameNL GED FOR WIND
AbbreviationNL GED 7
Registered office
Langheidestraat 39
3740 Bilzen-Hoeselt, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.