WIND AAN DE STROOM 2014
ActiveSummary
WIND AAN DE STROOM 2014 has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.15M and a net result of €1.42M. Equity is growing by ~19.8% per year across the filed fiscal years. Its solvency ranks better than 41% of 356 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
72
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability87▼-7
Solvency47▲+4
Growth46▼-26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €220k at 30 days acceptable
Liquidity ample (current ratio 1.56 against 1.45 in 2023; short-term debt: 17.8% and cash: 4.8% of total assets), but 77.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
22.1%
Return on assets
9.9%
Age of the figures
21 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
50 d early
2022
42 d early
2021
48 d early
2020
37 d early
2019
39 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
€4.17M▼ 34.4%
2023 · €6.35M
2018: €4.28M
2019: €4.52M
2020: €4.04M
2021: €3.48M
2022: €3.91M
2023: €6.35M
2018 → 2024
EBIT margin
48.6%▼ 9.6pp
2023 · 58.2%
2018: 52.2%
2019: 54.5%
2020: 44.8%
2021: 37.5%
2022: 41.5%
2023: 58.2%
2018 → 2024
Net result
€1.42M▼ 45.9%
2023 · €2.63M
2018: €1.61M
2019: €1.74M
2020: €1.16M
2021: €798k
2022: €1.05M
2023: €2.63M
2018 → 2024
Working capital
€1.43M▲ 61.5%
2023 · €888k
2018: €-992k
2019: €-982k
2020: €-981k
2021: €-852k
2022: €-865k
2023: €888k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€4.04M-€3.48M▼ 13.8%€3.91M▲ 12.3%€6.35M▲ 62.4%€4.17M▼ 34.4%
Equity€1.06M-€1.16M▲ 9.2%€1.13M▼ 2.4%€2.63M▲ 132%€3.15M▲ 19.8%
Operating result€1.81M-€1.31M▼ 27.9%€1.62M▲ 24.1%€3.70M▲ 128%€2.03M▼ 45.3%
Net result€1.16M-€798k▼ 31.1%€1.05M▲ 31.8%€2.63M▲ 150%€1.42M▼ 45.9%
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 45% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €14.30M
Fixed assets
€10.32M ▼ 11.2%
Current assets
€3.98M ▲ 40.0%
Equity and liabilities €14.30M
Equity
€3.15M ▲ 19.8%
Provisions
€299k ▲ 16.7%
Debt
€10.84M ▼ 6.3%
Debt's share of the balance-sheet total falls from 80.0% to 75.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€3.33M▼
2023 · €5.00M
Cash flow
€2.73M▼
2023 · €3.93M
Current ratio
1.56▲
2023 · 1.45
Debt to equity
3.44▼
2023 · 4.40
ROE
45.1%▼
2023 · 99.9%
ROA
9.9%▼
2023 · 18.2%
Interest coverage
18.60▼
2023 · 25.20
Debt ≤ 1 year
€2.54M▲
2023 · €1.95M
Debt > 1 year
€8.30M▼
2023 · €9.62M
Income taxes
€477k▼
2023 · €876k
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 · 2024 against 2023 · 60 lines
Balance sheet
Code20232024
Assets
Total assets20/58€14.47M€14.30M▼
Fixed assets21/28€11.62M€10.32M▼
Tangible fixed assets22/27€11.62M€10.32M▼
Plant, machinery and equipment23€11.62M€10.32M▼
Current assets29/58€2.84M€3.98M▲
Amounts receivable within one year40/41€903k€432k▼
Trade receivables40€879k€432k▼
Other amounts receivable41€24k-
Current investments50/53€1.00M€2.80M▲
Other investments51/53€1.00M€2.80M▲
Cash at bank and in hand54/58€856k€681k▼
Deferred charges and accrued income490/1€83k€66k▼
Equity and liabilities
Total equity and liabilities10/49€14.47M€14.30M▼
Equity10/15€2.63M€3.15M▲
Contributions10/11€700k€700k=
Capital10€700k€700k=
Issued capital100€700k€700k=
Reserves13€70k€70k=
Non-distributable reserves130/1€70k€70k=
Legal reserve130€70k€70k=
Profit (loss) carried forward14€1.86M€2.38M▲
Provisions and deferred taxes16€256k€299k▲
Provisions for liabilities and charges160/5€256k€299k▲
Environmental obligations163€256k€299k▲
Amounts payable17/49€11.58M€10.84M▼
Amounts payable after more than one year17€9.62M€8.30M▼
Financial debts170/4€9.62M€8.30M▼
Credit institutions173€9.62M€8.30M▼
Amounts payable within one year42/48€1.95M€2.54M▲
Current portion of amounts payable after more than one year42€1.30M€1.32M▲
Trade debts44€472k€236k▼
Suppliers440/4€472k€236k▼
Taxes, remuneration and social security45€178k€86k▼
Taxes450/3€178k€86k▼
Other amounts payable47/48-€900k
Income statement
Code20232024
Operating income70/76A€6.35M€4.45M▼
Turnover70€6.35M€4.17M▼
Other operating income74-€282k
Operating charges60/66A€2.65M€2.42M▼
Services and other goods61€1.00M€1.08M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.30M€1.30M=
Provisions for liabilities and charges: additions (uses and reversals)635/8€256k€43k▼
Other operating charges640/8€90k€1k▼
Operating profit (loss)9901€3.70M€2.03M▼
Financial income75/76B€3k€52k▲
Recurring financial income75€3k€52k▲
Income from current assets751€3k€52k▲
Financial charges65/66B€199k€179k▼
Recurring financial charges65€199k€179k▼
Debt charges650€199k€179k▼
Other financial charges652/9€633€129▼
Profit (loss) for the period before taxes9903€3.50M€1.90M▼
Income taxes67/77€876k€477k▼
Taxes670/3€876k€477k▼
Profit (loss) for the period9904€2.63M€1.42M▼
Profit (loss) for the period to be appropriated9905€2.63M€1.42M▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.99M€3.28M▲
Profit (loss) brought forward from the previous period14P€364k€1.86M▲
Profit to be distributed694/7€1.13M€900k▼
Return on contributions (dividend)694€1.13M€900k▼
The notes to these accounts (37 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
11-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €2.63M ▲150%
Operating result €3.70M, net result €2.63M, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.45
Current ratio from 0.62 to 1.45; short-term debt falls from €2.27M to €1.95M.
31-12
Financial
Equity above €2MEq €2.63M ▲132%
6 profitable years in a row build equity to €2.63M.
19-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €798k ▼31.1%
Net result drops to €798k, the lowest in the series; recovery starts the following year.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €1MEq €1.06M ▲9.2%
3 profitable years in a row build equity to €1.06M.
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
18-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
Show earlier events
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
15-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
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, Beveren-Kruibeke-Zwijndrecht · 1 establishment unit since 2014
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.
Sint-Paulusplein(KAL) 279120 Beveren-Kruibeke-ZwijndrechtGround area
4,360 m²
Building footprint
2,710 m²
Volume, LiDAR
45,907 m³
2 parcels, Flanders · tallest building 61.3 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
WIND AAN DE STROOM 2014
since 20142.237.603.126
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G1433/02E000 | Flanders | 2,873 m² | 1 · 2,462 m² | 61.2 m · 6 fl. |
| 46010B0248/00T002 | Flanders | 1,487 m² | 1 · 248 m² | 13.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Structure & network
Ownership & control
1 parent companyControl over this companyparent company per the LEI register1
Antwerpen
controls
WIND AAN DE STROOM 2014BE 0505.845.102
Recognitions · licences · registrations
Legal Entity Identifier
549300OI5O4SPV2UGD40
Similar companies · same sector, comparable size
CALAGRO ENERGIE
BE 0897.435.486
Lievegem · Eq €3,155,491
COELENBERG
BE 0448.843.744
Wervik · Eq €3,196,600
RavaWind
BE 0756.635.038
Stabroek · Eq €3,081,494
ARTOMA
BE 0692.950.380
Ardooie · Eq €3,076,454
HOUXHYDRO
BE 0703.937.215
Herstal · Eq €3,235,737
Of 815 companies in sector 35110 we hold annual accounts for 631. 379 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
Founded01-12-2014
Fiscal year end31-12
Activities, NACEBEL 2025
35110Production of electricity from non-renewable sources
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.