From the official registers: KBO 4 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
D&E WINDO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €5.8m and a net result of €99,317. Equity is growing by about 13% per year across the filed financial years. Its solvency ranks better than 75% of 6,680 sector peers (NACE 64, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 28-04-2022 Normal situation
- Legal form
- Private limited company
- Registered office
- Lijsterbeslaan (Heide) 14, 2920 Kalmthout
- Activity
- Activities of holding companies NACE 64210and 2 others
- Establishment unit
- 2.331.895.737 2920 Kalmthout, since 28-04-2022
- Financial year end
- 30 June
- Peppol
- Reachable since 13-02-2025
Who decides
Board
- Marcel VochtenDirector
- Auditor
- HLB DODEMONT - VAN IMPE & Co
- Holdings
- Shares in 3 companies including BRUVO and BRUYNSEELS - VOCHTEN
How it is doing
Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts to 30-06-2025
- Profit
- €99,317
- ▼ 93.4%
- Equity
- €5.8m
- ▲ 1.6%
- Total assets
- €7.3m
- ▲ 0.1%
- Staff
- 3.6 FTE
- =
2025 accounts 2 days early
Filed on 29-01-2026PDF
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Bankruptcy probability, 12 months
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 29-01-2026, 2 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
2 days early
2024
11 days early
2023
6 days early
2022
4 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 6 days before the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 26 January (4 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
30-06-2026 year end01-11-2026 today31-01-2027 deadline
Financials · financial year 2025, abbreviated format
In the rankings
#3 company by equity in Kalmthout, Finance and insurance sector#6 company by total assets in Kalmthout, Finance and insurance sector
Latest annual accounts filed
Annual accounts 2025
- Financial year ended
- 30-06-2025
- Filed on
- 29-01-2026
- Format
- abbreviated format
- Reference
- 2026-00029062
Equity
€5.8m▲ 1.6%
2024 · €5.7m
Net result
€99,317▼ 93.4%
2024 · €1.5m
Total assets
€7.3m▲ 0.1%
2024 · €7.3m
Solvency
78.7%▲ 1.1pp
2024 · 77.5%
Trend over the years
2022 to 2025, 4 financial years
The operating result falls in 2025; 2025 is 2% below 2024 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€0.3m
2023
Operating result€0.02m
2025
Net result€0.1m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€7.3m
2025
Equity€5.8m
2025
Debt€1.6m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.9m
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)1.4%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency78.7%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.59
2025
Average staff in full-time equivalents (FTE).
Staff (FTE)3.6
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line2022202320242025
Turnover€0.2m-€0.3m▲ 42.7%
Operating result€0.03m-€0.02m▼ 19.8%€0.02m▲ 0.1%€0.02m▼ 1.5%
Net result€0.02mwithin the sector's middle half-€0.02mwithin the sector's middle half▼ 32.1%€1.5mabove the sector's middle half▲ 99×€0.1mwithin the sector's middle half▼ 93.4%
Equity€4.2mwithin the sector's middle half-€4.2mwithin the sector's middle half▲ 0.1%€5.7mabove the sector's middle half▲ 35.4%€5.8mabove the sector's middle half▲ 1.6%
Total assets€5.6mwithin the sector's middle half-€5.7mwithin the sector's middle half▲ 1.0%€7.3mabove the sector's middle half▲ 29.0%€7.3mabove the sector's middle half▲ 0.1%
Debt€1.4m-€1.5m▲ 3.6%€1.6m▲ 10.9%€1.6m▼ 5.0%
Working capital-€0.6mbelow the sector's middle half--€0.6mbelow the sector's middle half▼ 7.5%€0.9mabove the sector's middle half€0.9mabove the sector's middle half▲ 7.0%
Solvency74.5%within the sector's middle half-73.9%within the sector's middle half▼ 0.7pp77.5%within the sector's middle half▲ 3.7pp78.7%above the sector's middle half▲ 1.1pp
Current ratio0.60within the sector's middle half-0.59within the sector's middle half▼ 0.021.53within the sector's middle half▲ 0.941.59within the sector's middle half▲ 0.07
Return on assets (ROA)0.4%within the sector's middle half-0.3%within the sector's middle half▼ 0.1pp20.4%above the sector's middle half▲ 20.1pp1.4%within the sector's middle half▼ 19.1pp
Staff (FTE)3.5within the sector's middle half-3.6within the sector's middle half▲ 2.9%3.6above the sector's middle half=3.6above the sector's middle half=
above
within
below
the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Why a figure moved sharply
- 2024 Net result +9,785% on 2023. The accounts now follow the abbreviated format, last year the full format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.3m
Fixed assets
€4.8m ▲ 0.6%
Current assets
€2.5m ▼ 0.8%
Equity and liabilities €7.3m
Equity
€5.8m ▲ 1.6%
Debt
€1.6m ▼ 5.0%
Debt's share of the balance-sheet total falls from 22.5% to 21.3%. Equity is higher and debt is lower.
Key figures and ratios
ROE
1.7%▼
2024 · 26.3%
Debt ≤ 1 year
€1.6m▼
2024 · €1.6m
Income taxes
€16,424▼
2024 · €152,246
Staff costs
€287,671▲
2024 · €286,933
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Operating income70/76A | €0.3m | €0.4m | - | - | - |
| Turnover70 | €0.2m | €0.3m | - | - | - |
| Other operating income74 | €0.01m | €0.05m | - | - | - |
| Non-recurring operating income76A | €0.01m | €0.001m | €0.01m | - | - |
| Operating charges60/66A | €0.2m | €0.4m | - | - | - |
| Services and other goods61 | €0.04m | €0.09m | - | - | - |
| Remuneration, social security and pensions62 | €0.2m | €0.3m | €0.3m | €0.3m | ▲ 0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.007m | €0.006m | €0.006m | €0.01m | ▲ 119% |
| Other operating charges640/8 | €364 | €457 | €0.001m | €0.001m | ▲ 116% |
| Non-recurring operating charges66A | €0.004m | - | - | - | - |
| Gross operating margin9900 | - | - | €0.3m | €0.3m | ▲ 2.7% |
| Operating profit (loss)9901 | €0.03m | €0.02m | €0.02m | €0.02m | ▼ 1.5% |
| Financial income75/76B | €1 | €225 | €1.7m | €0.1m | ▼ 91.6% |
| Recurring financial income75 | €1 | €225 | €1.7m | €0.1m | ▼ 91.6% |
| Other financial income752/9 | €1 | €225 | - | - | - |
| Financial charges65/66B | €0.005m | €0.004m | €0.06m | €0.05m | ▼ 20.1% |
| Recurring financial charges65 | €0.005m | €0.004m | €0.06m | €0.05m | ▼ 20.1% |
| Debt charges650 | - | €0.004m | - | - | - |
| Other financial charges652/9 | €0.005m | €310 | - | - | - |
| Profit (loss) for the period before taxes9903 | €0.03m | €0.02m | €1.6m | €0.1m | ▼ 93.0% |
| Income taxes67/77 | €0.003m | €0.006m | €0.2m | €0.02m | ▼ 89.2% |
| Taxes670/3 | €0.003m | €0.006m | - | - | - |
| Profit (loss) for the period9904 | €0.02m | €0.02m | €1.5m | €0.1m | ▼ 93.4% |
| Profit (loss) for the period to be appropriated9905 | €0.02m | €0.02m | €1.5m | €0.1m | ▼ 93.4% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €5.6m | €5.7m | €7.3m | €7.3m | ▲ 0.1% |
| Fixed assets21/28 | €4.8m | €4.8m | €4.8m | €4.8m | ▲ 0.6% |
| Tangible fixed assets22/27 | €0.01m | €0.02m | €0.02m | €0.05m | ▲ 145% |
| Plant, machinery and equipment23 | - | - | - | €0.002m | - |
| Furniture and vehicles24 | €0.01m | €0.02m | €0.02m | €0.04m | ▲ 133% |
| Financial fixed assets28 | €4.7m | €4.8m | €4.8m | €4.8m | = |
| Companies linked by participating interests282/3 | €4.7m | €4.8m | - | - | - |
| Participating interests282 | €4.7m | €4.8m | - | - | - |
| Current assets29/58 | €0.9m | €0.9m | €2.5m | €2.5m | ▼ 0.8% |
| Amounts receivable within one year40/41 | €0.4m | €0.07m | €1.5m | €1.5m | ▼ 1.2% |
| Trade receivables40 | €0.3m | €0.06m | €0.2m | €0.1m | ▼ 36.4% |
| Other amounts receivable41 | €0.03m | €0.02m | €1.3m | €1.4m | ▲ 3.3% |
| Current investments50/53 | - | - | €1.0m | €0.8m | ▼ 20.0% |
| Cash at bank and in hand54/58 | €0.5m | €0.8m | €0.03m | €0.2m | ▲ 718% |
| Deferred charges and accrued income490/1 | €0.01m | €0.003m | €0.005m | €0.003m | ▼ 32.2% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €5.6m | €5.7m | €7.3m | €7.3m | ▲ 0.1% |
| Equity10/15 | €4.2m | €4.2m | €5.7m | €5.8m | ▲ 1.6% |
| Contributions10/11 | €0.7m | €0.7m | €0.7m | €0.7m | = |
| Reserves13 | €3.4m | €3.4m | €4.9m | €5.0m | ▲ 1.8% |
| Distributable reserves133 | €3.4m | €3.4m | €4.9m | €5.0m | ▲ 1.8% |
| Amounts payable17/49 | €1.4m | €1.5m | €1.6m | €1.6m | ▼ 5.0% |
| Amounts payable within one year42/48 | €1.4m | €1.5m | €1.6m | €1.6m | ▼ 5.0% |
| Trade debts44 | €0.03m | €0.01m | €0.01m | €0.009m | ▼ 22.9% |
| Suppliers440/4 | €0.03m | €0.01m | €0.01m | €0.009m | ▼ 22.9% |
| Taxes, remuneration and social security45 | €0.06m | €0.09m | €0.2m | €0.09m | ▼ 58.8% |
| Taxes450/3 | €0.008m | €0.02m | €0.2m | €0.02m | ▼ 84.1% |
| Remuneration and social security454/9 | €0.05m | €0.07m | €0.06m | €0.06m | ▲ 2.6% |
| Other amounts payable47/48 | €1.3m | €1.4m | €1.4m | €1.5m | ▲ 3.3% |
| Accrued charges and deferred income492/3 | - | - | €0.001m | €364 | ▼ 61.5% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.02m | €0.02m | €1.5m | €0.1m | ▼ 93.4% |
| + Depreciation and write-downs630 | €0.007m | €0.006m | €0.006m | €0.01m | ▲ 119% |
| Operating cash flow (approximation) | €0.03m | €0.02m | €1.5m | €0.1m | ▼ 92.4% |
| Investment in fixed assets (approximation) | - | -€0.05m | -€0.009m | -€0.04m | ▼ 359% |
| Change in cash | - | €0.3m | -€0.8m | €0.2m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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Of the 24,452 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 20,126. 7,722 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director, no change since 2022
Board 1
Current
Statutory auditor 1
HLB DODEMONT - VAN IMPE & Co
Current
Statutory auditor · appointed in the act of 23-05-2022 · permanent representative: Guy COX
Mandate history
2 people, 2 in office
- Board
- Statutory auditor
| Name | Functions and periods |
|---|---|
| Marcel Vochten |
|
| HLB DODEMONT - VAN IMPE & Co |
|
How the board is organised
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Het dagelijks bestuur omvat zowel de handelingen en beslissingen die niet verder reiken dan de behoeften van het dagelijkse leven van de…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking, 1”
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering bepaalt wijze overeenkomstig wettelijke bepalingen”
Articles of association, deed of 23-05-2022
Owners and capital
Capital and shareholders
Shareholders according to the deeds
At incorporation
act of 23-05-2022 ↗
- Vodo 10,000 shares
Capital over the years
- 23-05-2022 Incorporation · 10,000 shares
Shares according to the articles of association
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
- Other provision: “Behoeften dagelijks leven en minder belang of spoedeisend, delegatie dagelijks bestuur”Other provision: “Toelating algemene vergadering, deelname zonder stemming indien enkel stemrecht geschorst”Other provision: “Bestemming winst, wettelijke grenzen na balanstest en liquiditeitstest”1 more provision in the deed, see the deed of 23-05-2022
Articles of association, deed of 23-05-2022 (in Dutch)
Group and network
Holdings and subsidiaries
3 holdingsHoldings 3
Source for every holding own accounts 30-06-2025
- Equity €3.8mResult €62,62650%
- Equity €6.2mResult €2.6m50%
- Equity €7.4mResult €388,44626%
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Acquisitions and mergers
1 transactionReceived in a demerger part of:WINDO-MG
History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
29-01
financial year 2025 · abbreviated format
2025
20-01
financial year 2024 · abbreviated format
2024
30-06
Financial
Highest result from 2022 to 2025net €1.5m ▲9,785%
Net result €1.5m, the highest in the series.
30-06
Financial
Liquidity more than doubledcurrent ratio 1.53
Current ratio from 0.59 to 1.53.
30-06
Financial
Equity above €5mequity €5.7m ▲35.4%
A profit in every financial year since 2022 builds equity to €5.7m.
25-01
financial year 2023 · full format
2023
30-06
Financial
Weakest financial yearnet €15,126 ▼32.1%
Net result drops to €15,126, the lowest in the series; recovery starts the following year.
27-01
financial year 2022 · full format
2022
23-05
Gazette deed
Incorporation · Capital & shares · Resignations & appointments · RestructuringAppointments: Marcel Vochten (director) and HLB DODEMONT - VAN IMPE & C° (statutory auditor) · Demerger · Accounting effect17 facts ▸
Gazette deed
Incorporation · Capital & shares · Resignations & appointments · Restructuring
Appointments: Marcel Vochten (director) and HLB DODEMONT - VAN IMPE & C° (statutory auditor) · Demerger · Accounting effect17 facts ▸
- Demerger, “splitsing door oprichting, geheel vermogen,activa en passiva,niets uitgezonderd” (deed in Dutch) (3 times)
- Accounting effect, 01-10-2021
- Other provision, “onroerende goederen in inbreng” (deed in Dutch)
- Incorporation, 28-04-2022
- Founding capital
- Shareholding, 10000
- Auditor report, “inbreng in natura bij oprichting door splitsing van Windo-MG Comm.VA”, EUR (deed in Dutch)
- Other provision, “bestuurdersmandaat als uitzondering op geen bijzondere rechten” (deed in Dutch)
- Other provision, “no fairness opinion, artikel 5:7§1 WVV” (deed in Dutch)
- Other provision, “overige aangelegenheid laattijdigheid” (deed in Dutch)
- Other provision, “verantwoordelijkheid oprichters inbreng in natura” (deed in Dutch)
- Other provision, “beperking gebruik verslag, geplande inbreng in natura ten gevolge splitsing Windo-MG Comm.VA” (deed in Dutch)
- +5 further facts in this act
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordName
D&E WINDO in Dutch
Enterprise number
0785.936.164
Legal form
Private limited company
Status
Active, normale toestand
Founded
28-04-2022
Type
Legal entity
Where it is based
Registered office
Lijsterbeslaan (Heide) 14, 2920 Kalmthout, Belgium
Establishments
1 establishment unit since 2022
What it does
NACEBEL 202564210
Activities of holding companies main activity
43320
Joinery installation
43410
Roofing work
Invoicing and payment
VAT number
BE 0785.936.164
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0785.936.164
Financial year and general meeting
Accounts at the NBBFinancial year end
30-06
Scores and ratios are computed by Checked and are not a credit decision.
Purpose, financial year and meetings according to the articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het beleggen,het intekenen op,vast overnemen,plaatsen,kopen,verkopen en verhandelen van…”
7 activities
- Het beleggen,het intekenen op,vast overnemen,plaatsen,kopen,verkopen en verhandelen van aandelen,deelbewijzen,obligaties,inschrijvingsrechten,certificaten,schuldvorderingen,gelden en andere roerende waarden,uitgegeven door Belgische of buitenlandse ondernemingen,al dan niet onder de vorm van,handelsvennootschappen,administratiekantoren,instellingen en verenigingen al dan niet met een (semi) publiekrechtelijk statuut
- Het beheren van beleggingen en van participatíes in dochtervennootschappen,het waarnemen van bestuurdersfuncties,het verlenen van advies,management en andere diensten aan of in overeenstemming met de activiteiten die de vennootschap zelf voert. Deze diensten kunnen worden geleverd krachtens of statutaire benoemingen en in de hoedanigheid van externe raadgever of orgaan van de cliënt
- Het verstrekken van leningen en voorschotten onder eender welke vorm of duur,aan alle verbonden ondernemingen of ondernemingen waarin ze een participatie bezit,alsmede het waarborgen van alle verbintenissen van zelfde ondernemingen. Deze opsomming is niet limitatief en de termen vermogensbeheer of advies in deze statuten vermeld zijn activiteiten andere dan deze bedoeld door de wet van zes april negentienhonderd vijfennegentig inzake de secundaire markten,het statuut van en het toezicht op de beleggingsondernemingen,de bemiddelaars en de beleggingsadviseurs
- Het verlenen van administratieve,financiële en beheersbijstand aan vennootschappen
- Het verlenen van diensten inzake consultancy,opleiding,technische expertise en bijstand
- Het leveren van intragroepsdiensten,waaronder onder meer diensten inzake boekhouding,personeelsbeheer en adviesverlening
- Het vervaardigen,monteren,plaatsen,kopen en verkopen van ramen,deuren,daken,terrassen en veranda's
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- D&E WINDO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest”
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of December at 20:00
Articles of association, deed of 23-05-2022 (in Dutch)
Environmental permits: No permit applications found in Flanders.
Sites & property
Registered office and establishments
1 establishment unit
D&E WINDO
since 2022unit no. 2.331.895.737
Buildings and parcels at the address
Ground area
2,110 m²
Building footprint
378 m²
Parcel 11662E0576/00L009, Flanders.
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11662E0576/00L009 | Flanders | 2,110 m² | 1 · 377 m² | - |