Windward
ActiveWindward has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €50k and a net result of €12k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 20% of 477 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
66
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▲+1
Solvency32▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity short (current ratio 0.53 against 0.48 in 2024; short-term debt: 5.4% and cash: 2.1% of total assets), and 93.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 63
Relative position
BE, all sectors
reference
Sector 63
lower
← fewer bankruptcies
more bankruptcies →
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
6.6%
Return on assets
1.6%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 477 sector peers (2025).
NBB · sector comparisonPosition among 477 sector peers
Solvency
better than 20%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €50k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-08-2026, 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.
NBB · 8 filingsDeviation from the deadline
2025
10 d late
2024
27 d early
2023
77 d early
2022
28 d late
2021
12 d late
2020
21 d early
2019
23 d early
← before the deadline
after the deadline →
neutral · 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.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€50k▲ 31.7%
2024 · €38k
2018: €2k
2019: €2k
2020: €3k
2021: €400
2022: €17k
2023: €27k
2024: €38k
2018 → 2025
Total assets
€752k▼ 3.4%
2024 · €778k
2018: €3k
2019: €2k
2020: €3k
2021: €852k
2022: €835k
2023: €812k
2024: €778k
2018 → 2025
Net result
€12k▲ 9.8%
2024 · €11k
2018: €-4k
2019: €-545
2020: €782
2021: €-2k
2022: €16k
2023: €10k
2024: €11k
2018 → 2025
Working capital
€-19k▲ 8.5%
2024 · €-21k
2018: €2k
2019: €1k
2020: €2k
2021: €-29k
2022: €-23k
2023: €-21k
2024: €-21k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€400-€17k▲ 4,081%€27k▲ 60.7%€38k▲ 40.7%€50k▲ 31.7%
Operating result€-668-€32k€24k▼ 23.5%€25k▲ 3.3%€26k▲ 4.3%
Net result€-2k-€16k€10k▼ 37.8%€11k▲ 7.7%€12k▲ 9.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 4% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €752k
Fixed assets
€730k▼ 3.7%
Current assets
€21k▲ 9.4%
Equity and liabilities €752k
Equity
€50k▲ 31.7%
Debt
€702k▼ 5.2%
The debt ratio falls from 95.1% to 93.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€54k▲
2024 · €53k
Cash flow
€40k▲
2024 · €39k
Solvency
6.6%▲
2024 · 4.9%
Current ratio
0.53▲
2024 · 0.48
Quick ratio
0.53▲
2024 · 0.48
Debt / equity
14.10▼
2024 · 19.59
ROE
24.1%▼
2024 · 28.9%
ROA
1.6%▲
2024 · 1.4%
Interest coverage
6.37▲
2024 · 5.91
Debt
€702k▼
2024 · €740k
Debt ≤ 1 year
€40k▲
2024 · €40k
Debt > 1 year
€656k▼
2024 · €696k
Income taxes
€6k▲
2024 · €5k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€778k€752k▼
Fixed assets21/28€758k€730k▼
Tangible fixed assets22/27€758k€730k▼
Land and buildings22€758k€730k▼
Current assets29/58€20k€21k▲
Amounts receivable within one year40/41€10k€6k▼
Trade receivables40€7k€3k▼
Other amounts receivable41€2k€2k▼
Cash at bank and in hand54/58€10k€16k▲
Equity and liabilities
Total equity and liabilities10/49€778k€752k▼
Equity10/15€38k€50k▲
Contributions10/11€6k€6k=
Reserves13€32k€44k▲
Distributable reserves133€32k€44k▲
Amounts payable17/49€740k€702k▼
Amounts payable after more than one year17€696k€656k▼
Financial debts170/4€696k€656k▼
Amounts payable within one year42/48€40k€40k▲
Current portion of amounts payable after more than one year42€39k€40k▲
Trade debts44€126€0▼
Suppliers440/4€126€0▼
Taxes, remuneration and social security45€599€346▼
Taxes450/3€599€346▼
Other amounts payable47/48€247€247=
Accrued charges and deferred income492/3€4k€5k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28k€28k=
Other operating charges640/8€8k€8k▼
Gross operating margin9900€61k€62k▲
Operating profit (loss)9901€25k€26k▲
Financial charges65/66B€9k€9k▼
Recurring financial charges65€9k€9k▼
Profit (loss) for the period before taxes9903€16k€18k▲
Income taxes67/77€5k€6k▲
Profit (loss) for the period9904€11k€12k▲
Profit (loss) for the period to be appropriated9905€11k€12k▲
Appropriation of the result
Profit (loss) to be appropriated9906€11k€12k▲
Transfer to equity691/2€11k€12k▲
To other reserves6921€11k€12k▲
The notes to these accounts (16 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
2026
10-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 10 days late
2025
04-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
15-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 28 days late
2022
31-12
Financial
Back to profitnet €16k
Net result €16k after one loss-making year.
12-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 12 days late
2021
10-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €782
Net result €782 after 2 loss-making years.
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
24-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 55 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Brugge · 1 establishment unit since 2017
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.
Diksmuidse Heerweg 1268200 BruggeGround area
2,915 m²
Building footprint
409 m²
Volume, LiDAR
4,006 m³
Parcel 31027D0297/00H007, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
WINSTON
since 20172.269.663.309
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31027D0297/00H007 | Flanders | 2,915 m² | 1 · 409 m² | 11.9 m · 3 fl. |
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 2,789 companies in sector 63910 we hold annual accounts for 700. 546 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded09-11-2017
Fiscal year end31-12
Activities, NACEBEL
63120Computing infrastructure, data processing, hosting and other information service activities
63910Web portal activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.