FLAWIND
ActiveFLAWIND has been active since 2012 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.53M and a net result of €495k. Equity is growing by ~14.6% per year across the filed fiscal years. Its solvency ranks better than 39% of 4522 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability79▼-4
Solvency51=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days acceptable
Liquidity ample (current ratio 1.68 against 1.51 in 2024; short-term debt: 18.9% and cash: 16.2% of total assets), but 73.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
26.2%
Return on assets
8.4%
Age of the figures
9 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 31-12-2025 was due by 31-07-2026 and was filed on 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
42 d early
2023
47 d early
2022
49 d early
2021
58 d early
2020
46 d early
2019
37 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€495k▼ 31.5%
2024 · €722k
2018: €52k
2019: €126k
2020: €120k
2021: €81k
2022: €212k
2023: €716k
2024: €722k
2018 → 2025
Working capital
€748k▲ 33.7%
2024 · €559k
2018: €-298k
2019: €-228k
2020: €-221k
2021: €307k
2022: €235k
2023: €389k
2024: €559k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€887k-€1.10M▲ 23.9%€1.52M▲ 37.9%€1.64M▲ 8.1%€1.53M▼ 6.4%
Operating result€114k-€265k▲ 133%€886k▲ 234%€1.00M▲ 13.1%€698k▼ 30.3%
Net result€81k-€212k▲ 161%€716k▲ 237%€722k▲ 0.8%€495k▼ 31.5%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 30% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.86M
Fixed assets
€4.01M▼ 12.5%
Current assets
€1.85M▲ 12.7%
Equity and liabilities €5.86M
Equity
€1.53M▼ 6.4%
Provisions
€83k▲ 16.9%
Debt
€4.25M▼ 6.0%
The debt ratio falls from 72.5% to 72.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€1.28M▼
2024 · €1.58M
Cash flow
€1.07M▼
2024 · €1.30M
Solvency
26.2%▼
2024 · 26.3%
Current ratio
1.68▲
2024 · 1.51
Quick ratio
1.68▲
2024 · 1.51
Debt / equity
2.77▲
2024 · 2.76
ROE
32.3%▼
2024 · 44.1%
ROA
8.4%▼
2024 · 11.6%
Interest coverage
30.61▼
2024 · 34.57
Debt
€4.25M▼
2024 · €4.52M
Debt ≤ 1 year
€1.11M▲
2024 · €1.09M
Debt > 1 year
€3.09M▼
2024 · €3.40M
Income taxes
€165k▼
2024 · €241k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€6.23M€5.86M▼
Fixed assets21/28€4.58M€4.01M▼
Intangible fixed assets21€170k€84k▼
Tangible fixed assets22/27€4.41M€3.92M▼
Land and buildings22€13k€13k=
Plant, machinery and equipment23€4.40M€3.91M▼
Current assets29/58€1.65M€1.85M▲
Amounts receivable within one year40/41€726k€643k▼
Trade receivables40€726k€608k▼
Other amounts receivable41-€36k
Current investments50/53€242k€245k▲
Cash at bank and in hand54/58€655k€950k▲
Deferred charges and accrued income490/1€23k€16k▼
Equity and liabilities
Total equity and liabilities10/49€6.23M€5.86M▼
Equity10/15€1.64M€1.53M▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€1.62M€1.51M▼
Provisions and deferred taxes16€71k€83k▲
Provisions for liabilities and charges160/5€71k€83k▲
Major repairs and maintenance162€71k€83k▲
Amounts payable17/49€4.52M€4.25M▼
Amounts payable after more than one year17€3.40M€3.09M▼
Financial debts170/4€3.40M€3.09M▼
Amounts payable within one year42/48€1.09M€1.11M▲
Current portion of amounts payable after more than one year42€302k€326k▲
Trade debts44€113k€120k▲
Suppliers440/4€113k€120k▲
Taxes, remuneration and social security45€72k€60k▼
Taxes450/3€72k€60k▼
Other amounts payable47/48€600k€600k=
Accrued charges and deferred income492/3€32k€45k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€578k€578k=
Provisions for liabilities and charges: additions (uses and reversals)635/8€12k€12k=
Other operating charges640/8€29k€30k▲
Gross operating margin9900€1.62M€1.32M▼
Operating profit (loss)9901€1.00M€698k▼
Financial income75/76B€7k€4k▼
Recurring financial income75€7k€4k▼
Financial charges65/66B€46k€42k▼
Recurring financial charges65€46k€42k▼
Profit (loss) for the period before taxes9903€963k€660k▼
Income taxes67/77€241k€165k▼
Profit (loss) for the period9904€722k€495k▼
Profit (loss) for the period to be appropriated9905€722k€495k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.22M€2.11M▼
Profit (loss) brought forward from the previous period14P€1.50M€1.62M▲
Profit to be distributed694/7€600k€600k=
Return on contributions (dividend)694€600k€600k=
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Highest result since 2018net €722k ▲0.8%
Operating result €1.00M, net result €722k, both a record.
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Equity above €1MEq €1.10M ▲23.9%
5 profitable years in a row build equity to €1.10M.
03-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Liquidity doublescurrent ratio 1.18
Current ratio from 0.51 to 1.18.
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
24-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
23-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
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, Tournai · 1 establishment unit since 2012
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.
Rue As-Pois(TOU) 47500 TournaiGround area
2,422 m²
Building footprint
260 m²
Volume, LiDAR
730 m³
2 parcels, Wallonia · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
FLAWIND
since 20122.206.241.937
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57463L0285/00Y000 | Wallonia | 2,321 m² | 1 · 178 m² | - |
| 57081G0028/00C000indicative | Wallonia | 100 m² | 1 · 82 m² | 11.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
1 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
15 connected companiesNetwork connections
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Recognitions · licences · registrations
Legal Entity Identifier
549300NFM007FM8E5S52
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Of 1,292 companies in sector 68122 we hold annual accounts for 901. 506 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-01-2012
Fiscal year end31-12
Activities, NACEBEL
68122Development of non-residential building projects
28150Manufacture of machinery and equipment not elsewhere classified
35110Production of electricity from non-renewable sources
35130Electricity, gas, steam and air conditioning supply
35150Electricity, gas, steam and air conditioning supply
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 13 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.