Equity
€133,211 from €373,777 in 2015
Equity fell by 64% in 10 years.
ZEEWIND
Lifetime
20 annual accounts with figures on one time axis, 33 filings since 1993peak €844,864 (2015)
€489,727▼ 16.1%
lowest -€127,934 (2016)
-€9,189▼ €62,640
peak €373,777 (2015)
€133,211▼ 6.5%
€462,727▼ 23.9%
peak 13.8 FTE (2018)
8.8 FTEunchanged
Board3 names since 2021
2 directorsBV HEYOKA and 1 other
Owners3 names in the annual accounts
100%ISERA VASTGOED
Documentsfilings and deeds
23-07-20268 days before the deadline
2025financial year
Gross margin from €583,506 to €489,727Loss of €9,189Registered office moved from Bredene to Bruges 16-12Debts from €608,020 to €462,727Cash from €317,580 to €83,127
Key points
from the 2025 annual accountsResult
-€9,189 -€9,189
From profit to loss in 2025, after a profit of €53,451 in 2024.
Debts
€462,727 78% of the balance sheet
Suppliers 19%Taxes and wages 11%Other 70%
€15,416 of the debts are secured on the company's own assets. In 2021 that was €89,416.
Staff
9 employees on 31-12-2025
In 2025, 7 people joined and 8 left.
Liquidity
2.48 was 1.22 in 2024
Short-term debts fell from €448,460 to €163,014.
Filings
33 annual accounts since 1993
The last five annual accounts were filed 8 to 112 days before the end of the period.
Checked score
64
Healthy
Financially stronger than 36% of micro companies in building services and landscaping (NACE 81)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.9% across 7,709 companies (NACE 81, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.3%lowest value
01-2025: 0.3%● unchanged vs 12-2024lowest value
02-2025: 0.3%● unchanged vs 01-2025lowest value
03-2025: 0.3%● unchanged vs 02-2025lowest value
04-2025: 0.3%● unchanged vs 03-2025
05-2025: 0.3%● unchanged vs 04-2025
06-2025: 0.3%● unchanged vs 05-2025
07-2025: 0.3%● unchanged vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.7%▲ +0.4 percentage points vs 12-2025
02-2026: 0.7%● unchanged vs 01-2026
03-2026: 0.7%● unchanged vs 02-2026
04-2026: 0.7%● unchanged vs 03-2026
05-2026: 0.8%▲ +0.1 percentage points vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.8%● unchanged vs 06-2026
08-2026: 1.2%▲ +0.4 percentage points vs 07-2026highest value
09-2026: 1.2%● unchanged vs 08-2026highest value
10-2026: 1.2%● unchanged vs 09-2026
11-2026: 1.2%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Equity €133,211 (22.4% of total assets)
1 change of registered office in 24 months
Sector: Services to buildings and landscape activities (NACE 81)
lowers risk
Liquidity: current ratio 2.48, cash €83,127, halved
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 81, micro). It does better than 29% of them on solvency, 58% on liquidity, 31% on profitability and 26% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 2,450 companies had the same profile as ZEEWIND has now. Each dot stands for 7 companies, two years later.
93.2%
were still trading
5.0%
stopped another way
1.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ZEEWIND itself: 1.2% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,450 companies, not a prediction for ZEEWIND. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €8,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 2.48 (1.22 in 2024), above the usual 1.5. Short-term debt is 27.4% and cash 13.9% of total assets. However, 77.6% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 days early
2024
112 days early
2023
48 days early
2022
11 days early
2021
95 days early
2020
32 days early
2019
22 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 47 days before the deadline. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 14 June (4 of the last 5 accounts filed within 48 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- ISERA VASTGOED 100%score 63equity €567,129 (2025) · 2025 annual accounts of ISERA VASTGOED
- Heyoka BV consolidatesscore 98equity €2.0m (2025) · annual accounts 2024
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0449812259
Registered office moved from Bredene to Bruges
New registered office: Beukendreef 26, 8310 Brugge · Previous registered office: Klemskerkestraat 26, 8450 Bredene · Resignations: Rosalie Declercq (director) and BV HEYOKA (managing director) · General meeting of 02-12-2025 · Gazette deed
1 director appointed, 2 reappointments
Reappointments: BV HEYOKA and Rosalie Declercq · Permanent representative: Frederiek Franck · Appointment: BV HEYOKA (chair of the board) · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| ZEEWIND Bruges | €0.6m | €489,727 | 22.4% | 8.8 |
| VCsyndic Koksijde | €0.8m | €633,600 | 74.8% | 5.1 |
| TRAFFIC SIGNS Beringen | €0.6m | €715,138 | 42.9% | 9.2 |
| L.A. GERANCE Braine-l'Alleud | €0.4m | €303,429 | 19.2% | 4.8 |
| WEMA Oosterzele | €1.0m | €638,797 | 77.5% | 4.4 |
| ZAKENKANTOOR DEREYMAEKER Antwerp | €1.4m | €560,635 | 7.6% | 4.9 |
| DOMEIN VAN ZWIJNAARDE Ghent | €1.5m | €642,350 | 46.0% | 6.8 |
These companies have the same main activity as ZEEWIND: combined facilities support activities (NACE 81100). They are comparable in size and age: total assets between €426,000 and €1.5m, founded between 1982 and 1994.
Official details
Source: KBO- Status
- Active since 06-04-1993Normal situation
- Activity
- Combined facilities support activitiesNACE 81100and 3 others
- Joint committee
- 323Building management, estate agents and domestic staff · annual accounts 2024
- Establishment units
- 2.061.780.5308450 Bredene, since 23-04-1993
- 2.292.610.1438420 De Haan, since 14-06-2019and 2 others
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2026
Annual accounts 2025
- ≈ €960,000estimated
- €595,938▼ 20.6%
- Employeeson 31-12-2025
- 9▼ 10.0%
- Filing
- Filed on 23-07-2026, 8 days before the end of the filing period
Insights on ZEEWIND
ZEEWIND has existed since 1993. In 2011 the gross margin rose from €267,905 to €545,471 and staff from 4.1 to 10.7 full-time equivalents.
ISERA VASTGOED holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about ZEEWIND
- What is the company number of ZEEWIND?
- The company number of ZEEWIND is 0449.812.259. The VAT number is the same number with BE in front: BE 0449.812.259.
- Where is ZEEWIND based?
- The registered office is at Beukendreef 26, 8310 Bruges.Company details
- What does ZEEWIND do?
- According to the KBO register, the main activity is combined facilities support activities (NACE 81100).
- What is the legal form of ZEEWIND?
- ZEEWIND is a public limited company (NV).
- When was ZEEWIND founded?
- ZEEWIND was founded on 06-04-1993.
- Is ZEEWIND still active?
- Yes, ZEEWIND is an active enterprise in the KBO register.
- How many employees does ZEEWIND have?
- ZEEWIND had an average of 8.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does ZEEWIND fall under?
- In its 2024 annual accounts, ZEEWIND states joint committee 323 (Building management, estate agents and domestic staff).
- What is the turnover of ZEEWIND?
- The turnover in financial year 2025 is ≈ €960,000. This figure is estimated from the gross margin of €489,727 and 51 comparable companies (NACE 81). It probably lies between €670,000 and €1.5m.
- Is ZEEWIND profitable?
- In financial year 2025, ZEEWIND made a loss of €9,189.
- Where can I find the annual accounts of ZEEWIND?
- ZEEWIND filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of ZEEWIND due?
- ZEEWIND must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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