Skip to content

CORDONA WIND

Active
Public limited companyfounded 2007active for 19 yearsChaussée de Huy 120, 1300 Wavre, Belgium26 active companies are registered at this addressKBO/BCE: BE 0888.975.306
Summary

CORDONA WIND has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €3.7m and a net result of €397,533. Equity remains stable across the filed financial years (±0.3% per year). Its solvency ranks better than 54% of 36 sector peers (NACE 35, financial year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Production of electricity from non-renewable sources
NACE 35110
6th largest company by total assets in Walloon Brabant, Energy sector1 site
Size
€1.9mturnover 2026
Equity
€3.7m
Profit
€397,533
Financial health
92 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
ENECO WIND BELGIUM · 75%
Accounts 33 days early1 of 23 deeds read
Why 92raises riskLiquidity: current ratio 1.06lowers riskFounded in 2007Size: turnover €1.9m, total assets €7.7mLegal form: public limited companyShow the evidence

Checked score

Score 2026
92 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 83% of its sector peers (NACE 35, small)
Financial strength · tick = 2025
Strong
Solvency 73+8
equity 47.8% of total assets
Liquidity 95+47
short-term debt 14.3%
Profitability 83+26
return on assets 5.1%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (254 companies, NACE 35, small)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.1%▼ -0.1 percentage points vs 04-2025lowest value 06-2025: 0.2%▲ +0.1 percentage points vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.3%▲ +0.1 percentage points vs 09-2025 11-2025: 0.2%▼ -0.1 percentage points vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.3%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.2%▼ -0.1 percentage points vs 09-2026
Credit of up to €190,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.06, compared with 0.82 in 2025, below the usual 1.5; short-term debt: 14.3% of total assets), and 52.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 35, small): better than 67% on solvency, 97% on liquidity, 83% on profitability and 85% on growth.

The bankruptcy probability was computed on 12-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.06
NBB · annual accounts
lowers risk · Founded in 2007
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: turnover €1.9m, total assets €7.7m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Legal form: public limited company
KBO
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 28-09-2026, 33 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
33 days early
2025
30 days early
2024
34 days early
2023
11 days early
2021
82 days early
2020
39 days early
2019
81 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 44 days before the deadline; the sector median (NACE 35) for financial year 2024 is 22 days before the deadline, and 27% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 30 September (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
13-10-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2026 · full…
  2. Back to profitnet €397,533
  3. Permanent representatives: Olivier Bontems and Camille…Power of attorney

Key points

  • Positive: Turnover rose in 2026from €1.1m to €1.9m ▲ 70.5% View
  • Positive: 6th largest company by total assets in Walloon Brabant, Energy sectorin the Checked rankings No. 6 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Controlled by ENECO WIND BELGIUMknown shareholders 100% 75% View

By topic

Financials

Financial year
2026
Turnover
€1.9m
Profit
€397,533
Solvency
47.8%
Turnover▲ 70.5%
Net result
20182026
Go to Financials

Timeline

Events
25
Since
2008
Next accounts
by 31-10-2027
  1. 01-10-2025Annual accounts filed
  2. 31-03-2025Weakest financial year
  3. 27-09-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Production of electricity from non-renewable sourcesNACE 35110
Founded
24-04-2007
Year ends
31-03
Peppol
No longer on Peppol
Go to Company details

Go further with this company

Your own company? See how customers, suppliers and banks see it and what to improve first.

Investigating this company? Keep it with today's facts in a case file.