DE VIER WINDEN
ActiveDE VIER WINDEN has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €931k and a net result of €-28k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 68% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability67▼-2
Solvency80▼-12
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity short (current ratio 0.51 against 0.52 in 2023; short-term debt: 44.6% and cash: 20.6% of total assets), and 44.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
55.3%
Return on assets
-1.7%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-10-2025, 88 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
88 d late
2023
44 d early
2022
22 d late
2021
23 d early
2020
1 d early
2019
87 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€931k▼ 41.4%
2023 · €1.59M
2018: €1.55M
2019: €1.56M
2020: €1.58M
2021: €1.58M
2022: €1.59M
2023: €1.59M
2018 → 2024
Total assets
€1.68M▼ 28.9%
2023 · €2.37M
2018: €2.09M
2019: €2.12M
2020: €2.42M
2021: €2.37M
2022: €2.39M
2023: €2.37M
2018 → 2024
Net result
€-28k
2023 · €3k
2018: €25k
2019: €9k
2020: €13k
2021: €-77
2022: €10k
2023: €3k
2018 → 2024
Working capital
€-365k▲ 0.1%
2023 · €-366k
2018: €382k
2019: €450k
2020: €-662k
2021: €-577k
2022: €-459k
2023: €-366k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€1.58M-€1.58M=€1.59M▲ 0.6%€1.59M▲ 0.2%€931k▼ 41.4%
Operating result€20k-€940▼ 95.3%€15k▲ 1,547%€4k▼ 72.7%€-41k
Net result€13k-€-77€10k€3k▼ 64.2%€-28k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €41k after €4k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.68M
Fixed assets
€1.30M▼ 34.1%
Current assets
€385k▼ 3.1%
Equity and liabilities €1.68M
Equity
€931k▼ 41.4%
Provisions
€0▼ 100%
Debt
€753k▼ 1.6%
The debt ratio rises from 32.3% to 44.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€4k▼
2023 · €99k
Cash flow
€16k▼
2023 · €99k
Solvency
55.3%▼
2023 · 67.1%
Current ratio
0.51▼
2023 · 0.52
Quick ratio
0.51▼
2023 · 0.52
Debt / equity
0.81▲
2023 · 0.48
ROE
-3.1%▼
2023 · 0.2%
ROA
-1.7%▼
2023 · 0.1%
Interest coverage
7.49▼
2023 · 205.71
Debt
€753k▼
2023 · €766k
Debt ≤ 1 year
€750k▼
2023 · €763k
Income taxes
€0▼
2023 · €3k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.37M€1.68M▼
Fixed assets21/28€1.97M€1.30M▼
Tangible fixed assets22/27€1.97M€1.30M▼
Land and buildings22€1.80M€1.14M▼
Furniture and vehicles24€8k€0▼
Other tangible fixed assets26€163k€163k=
Current assets29/58€398k€385k▼
Amounts receivable within one year40/41€8k€37k▲
Trade receivables40€7k€31k▲
Other amounts receivable41€1k€6k▲
Cash at bank and in hand54/58€380k€346k▼
Deferred charges and accrued income490/1€9k€2k▼
Equity and liabilities
Total equity and liabilities10/49€2.37M€1.68M▼
Equity10/15€1.59M€931k▼
Contributions10/11€645k€387k▼
Capital10€645k€387k▼
Issued capital100€645k€387k▼
Reserves13€945k€544k▼
Non-distributable reserves130/1€64k€39k▼
Legal reserve130€64k€39k▼
Tax-exempt reserves132€40k€0▼
Distributable reserves133€840k€505k▼
Provisions and deferred taxes16€13k€0▼
Deferred taxes168€13k€0▼
Amounts payable17/49€766k€753k▼
Amounts payable within one year42/48€763k€750k▼
Trade debts44€3k€380▼
Suppliers440/4€3k€380▼
Taxes, remuneration and social security45€4k€4k▲
Taxes450/3€4k€4k▲
Other amounts payable47/48€756k€746k▼
Accrued charges and deferred income492/3€2k€3k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€95k€44k▼
Other operating charges640/8€16k€5k▼
Gross operating margin9900€116k€9k▼
Operating profit (loss)9901€4k€-41k▼
Financial income75/76B€1k€10k▲
Recurring financial income75€1k€10k▲
Financial charges65/66B€483€469▼
Recurring financial charges65€483€469▼
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€5k€-31k▼
Transfer from deferred taxes780€1k€3k▲
Income taxes67/77€3k€0▼
Profit (loss) for the period9904€3k€-28k▼
Transfer from tax-exempt reserves789€4k€29k▲
Profit (loss) for the period to be appropriated9905€7k€574▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€574▼
Transfer to equity691/2€7k€574▼
To other reserves6921€7k€574▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 88 days late
2024
31-12
Financial
Weakest financial yearnet €-28k ▼933%
Net result drops to €-28k, the lowest in the series.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 22 days late
2022
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
26-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 87 days late
2019
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
19-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 19 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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 1989
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.
Gistelse Steenweg 2528200 BruggeGround area
3,810 m²
Building footprint
389 m²
Volume, LiDAR
2,319 m³
Parcel 31425C0299/00F002, Flanders · tallest building 14.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
DE VIER WINDEN
since 19892.263.122.242
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31425C0299/00F002 | Flanders | 3,810 m² | 1 · 389 m² | 14.2 m · 2 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.
Recognitions · licences · registrations
Legal Entity Identifier
2549004RRMVSKEPB9N52
Similar companies · same sector, comparable size
SWINNEN BOUWPROJECTEN
BE 0865.095.587
Balen · Eq €931k
Artiér
BE 0837.175.722
Ronse · Eq €931k
FBC INVEST
BE 0879.290.251
Elsene · Eq €930k
DAVINIA IMMO
BE 0456.786.955
Diepenbeek · Eq €930k
SABOR INVEST
BE 0534.510.976
Antwerpen · Eq €930k
Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 4,016 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded24-02-1989
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.