Wind4Flanders Projects Beta

Active

Public limited companyfounded 20205 yrs activeSimon Bolivarlaan 36, 1000 Brussel, BelgiumKBO/BCE: BE 0759.994.208

Summary

Wind4Flanders Projects Beta has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20.8m and a net result of -€44,606. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 69% of 342 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisWatch Report Compare

Wind4Flanders Projects BetaActiveChecked score 87/100

Risk analysis Report Compare

Activity

Production of electricity from non-renewable sources

NACE 35110

#8 company by equity in Brussels, Energy sector

Size

€3.5mturnover 2025

Equity: €20.8m
Loss: -€44,606

Financial health

87 Excellent Checked score 2025

Bankruptcy chance 12 m: 0.3%

Structure

Parent: WIND4FLANDERS · 100%
Board: 15 members

Auditor: Deloitte BedrijfsrevisorenAccounts 66 d early

Why 87- Liquidity: current ratio 0.24, cash €885,500- No establishment unit in the KBO- Founded in 2020+ Size: turnover €3.5m, total assets €39.6mShow the evidence

Checked score

Score 2025

87 / 100

Excellent

Probability in this band: under 0.55%

Better than 51% of its sector peers (NACE 35, medium-sized)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Strong

Solvency 77+1

equity 52.4% of total assets

Liquidity 43+15

short-term debt 25.7% · cash 2.2%

Profitability 79+22

return on assets -0.1%

Bankruptcy probability, 12 months

0.3% Very low

0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (105 companies)

Last 24 months 11-2024: 1.1% 12-2024: 1.1%● 0.0% vs 11-2024 01-2025: 1.1%● 0.0% vs 12-2024 02-2025: 1.0%▼ -2.0% vs 01-2025 03-2025: 1.1%▲ +2.6% vs 02-2025 04-2025: 1.1%▲ +4.2% vs 03-2025highest value 05-2025: 0.6%▼ -49.0% vs 04-2025 06-2025: 0.7%▲ +17.5% vs 05-2025 07-2025: 0.3%▼ -49.8% vs 06-2025 08-2025: 0.3%● 0.0% vs 07-2025 09-2025: 0.3%● 0.0% vs 08-2025 10-2025: 0.3%● 0.0% vs 09-2025 11-2025: 0.3%● 0.0% vs 10-2025 12-2025: 0.3%▼ -3.6% vs 11-2025 01-2026: 0.3%● 0.0% vs 12-2025 02-2026: 0.3%▼ -2.8% vs 01-2026 03-2026: 0.3%▲ +2.9% vs 02-2026 04-2026: 0.3%▲ +1.2% vs 03-2026 05-2026: 0.3%▲ +3.4% vs 04-2026 06-2026: 0.4%▲ +6.5% vs 05-2026 07-2026: 0.3%▼ -22.3% vs 06-2026 08-2026: 0.3%▼ -7.2% vs 07-2026lowest value 09-2026: 0.3%● 0.0% vs 08-2026lowest value 10-2026: 0.3%● 0.0% vs 09-2026lowest value

Size: turnover €3.5m, total assets €39.6m lowers the probability for this profile
Liquidity: current ratio 0.24, cash €885,500 raises the probability
No establishment unit in the KBO raises the probability
Founded in 2020 raises the probability for this profile

Credit up to €340,000 at 30 days acceptable

Liquidity short (current ratio 0.24 against 0.11 in 2024; short-term debt: 25.7% and cash: 2.2% of total assets), and 47.6% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 35, medium-sized). Better than this share of them on solvency 77%, liquidity 27%, profitability 77%, growth against the median 25%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 04-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Five signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Size: turnover €3.5m, total assets €39.6m

In the bankruptcy model this factor lowers the probability for this profile.

NBB · annual accounts

Liquidity: current ratio 0.24, cash €885,500

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

No establishment unit in the KBO

In the bankruptcy model this factor raises the probability.

KBO · seat and establishments

Founded in 2020

In the bankruptcy model this factor raises the probability for this profile.

KBO

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-05-2026, 66 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

66 d early

2024

70 d early

2023

68 d early

2022

62 d early

2021

68 d early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 67 days before the deadline; the sector median for financial year 2024 is 22 days before the deadline, and 27% of the sector filed late.

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 25 May (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

05-10-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

08-06-26 Appointments: Geert Dhooghe (director) and Aart…Resignations: Valérie Duchesne (director) and…
26-05-26 Annual accounts filedfiscal year 2025 · full…
15-04-26 Resignations: Ann Naessens (director) and Valérie…Appointments: Geert Dhooghe (director) and…

Key points

Positive: Result rose in 2025from -€266,440 to -€44,606 ▲ 83.3% View
Caution: Among the weakest 19% on net resultsector median €175,603 · 339 companies -€44,606 View
Board changedlatest change 08-06-2026 · 15 in office 2 joined · 2 left View
Controlled by WIND4FLANDERSknown shareholders 100% 100% View
Caution: 2 loss-making years in a rowloss fiscal year 2025 -€44,606 View
Positive: Always filed on timeaccounts within the deadline every year 5 years View