Summary
HILDE WINDELS 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 €361,806 and a net result of €61,373. Equity is shrinking by ~5.9% per year across the filed fiscal years. Its solvency ranks better than 56% of 8091 sector peers (fiscal year 2025). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals.
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.
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. The signal on the left, the evidence on the right.
○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 26-01-2026, 5 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
5 d early
2024
3 d late
2023
1 d late
2022
on the day
2021
on the day
2020
5 d late
2019
1 d 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 on the deadline day; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 31 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close28-09-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What changed in the latest annual accounts?What changed What held for this company on a given day: board, seat, name?Company as of a date
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€361,806▼ 15.5%
2024 · €427,930
Net result
€61,373▲ 1,267%
2024 · €4,491
Total assets
€619,048▼ 2.8%
2024 · €637,029
Solvency
58.4%▼ 8.7pp
2024 · 67.2%
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€69,612▼ 66.0%€18,907▼ 72.8%€21,791▲ 15.3%€34,007▲ 56.1%€94,798▲ 179%
Net result€49,870within the sector's middle half▼ 63.1%-€1,830below the sector's middle half-€2,152below the sector's middle half▼ 17.6%€4,491within the sector's middle half€61,373within the sector's middle half▲ 1,267%
Equity€508,572above the sector's middle half▼ 5.9%€475,112above the sector's middle half▼ 6.6%€423,439above the sector's middle half▼ 10.9%€427,930above the sector's middle half▲ 1.1%€361,806within the sector's middle half▼ 15.5%
Total assets€666,668within the sector's middle half▼ 8.1%€620,524within the sector's middle half▼ 6.9%€630,109within the sector's middle half▲ 1.5%€637,029within the sector's middle half▲ 1.1%€619,048within the sector's middle half▼ 2.8%
Debt€137,239▼ 16.3%€125,418▼ 8.6%€187,538▲ 49.5%€190,830▲ 1.8%€239,836▲ 25.7%
Working capital-€524within the sector's middle half-€22,927within the sector's middle half▼ 4,275%-€32,005below the sector's middle half▼ 39.6%-€45,314below the sector's middle half▼ 41.6%-€115,702below the sector's middle half▼ 155%
Solvency76.3%within the sector's middle half▲ 1.8pp76.6%within the sector's middle half▲ 0.3pp67.2%within the sector's middle half▼ 9.4pp67.2%within the sector's middle half=58.4%within the sector's middle half▼ 8.7pp
Current ratio0.99within the sector's middle half▼ 6.050.67below the sector's middle half▼ 0.320.56below the sector's middle half▼ 0.110.65below the sector's middle half▲ 0.090.49below the sector's middle half▼ 0.16
Return on assets (ROA)7.5%within the sector's middle half▼ 11.2pp-0.3%below the sector's middle half▼ 7.8pp-0.3%below the sector's middle half=0.7%below the sector's middle half▲ 1.0pp9.9%within the sector's middle half▲ 9.2pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 179% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €619,048
Fixed assets
€507,336 ▼ 8.3%
Current assets
€111,711 ▲ 32.9%
Equity and liabilities €619,048
Equity
€361,806 ▼ 15.5%
Provisions
€17,406 ▼ 4.7%
Debt
€239,836 ▲ 25.7%
Debt's share of the balance-sheet total rises from 30.0% to 38.7%. Equity is lower and debt is higher.
Key figures and ratios
ROE
17.0%▲
2024 · 1.0%
Debt ≤ 1 year
€227,413▲
2024 · €129,383
Debt > 1 year
€10,423▼
2024 · €59,447
Income taxes
€25,093▲
2024 · €22,200
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €12,800 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €73,077 | €30,481 | €36,551 | €40,905 | €38,788 | ▼ 5.2% |
| Other operating charges640/8 | - | €4,985 | €3,929 | €5,651 | €3,604 | ▼ 36.2% |
| Non-recurring operating charges66A | - | €706 | €342 | €0 | €11,850 | - |
| Gross operating margin9900 | €145,413 | €55,079 | €62,613 | €80,563 | €149,039 | ▲ 85.0% |
| Operating profit (loss)9901 | €69,612 | €18,907 | €21,791 | €34,007 | €94,798 | ▲ 179% |
| Financial income75/76B | - | €10 | €0 | €17 | €0 | ▼ 100% |
| Recurring financial income75 | €1,015 | €10 | €0 | €17 | €0 | ▼ 100% |
| Financial charges65/66B | - | €2,814 | €5,235 | €8,196 | €9,195 | ▲ 12.2% |
| Recurring financial charges65 | €2,562 | €2,814 | €5,235 | €8,196 | €9,195 | ▲ 12.2% |
| Profit (loss) for the period before taxes9903 | €68,065 | €16,103 | €16,556 | €25,828 | €85,603 | ▲ 231% |
| Transfer from deferred taxes780 | - | €863 | €863 | €863 | €863 | = |
| Income taxes67/77 | €18,910 | €18,796 | €19,571 | €22,200 | €25,093 | ▲ 13.0% |
| Profit (loss) for the period9904 | €49,870 | -€1,830 | -€2,152 | €4,491 | €61,373 | ▲ 1,267% |
| Transfer from tax-exempt reserves789 | - | €33,054 | €2,054 | €2,054 | €2,054 | = |
| Profit (loss) for the period to be appropriated9905 | €51,569 | €31,224 | -€98 | €6,545 | €63,427 | ▲ 869% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €666,668 | €620,524 | €630,109 | €637,029 | €619,048 | ▼ 2.8% |
| Fixed assets21/28 | €601,574 | €573,453 | €589,378 | €552,960 | €507,336 | ▼ 8.3% |
| Tangible fixed assets22/27 | €589,705 | €561,584 | €577,509 | €541,091 | €502,303 | ▼ 7.2% |
| Land and buildings22 | - | €543,668 | €519,632 | €500,058 | €477,449 | ▼ 4.5% |
| Plant, machinery and equipment23 | - | - | €1,835 | €1,125 | €416 | ▼ 63.0% |
| Furniture and vehicles24 | - | €17,916 | €56,042 | €39,908 | €24,437 | ▼ 38.8% |
| Financial fixed assets28 | €11,869 | €11,869 | €11,869 | €11,869 | €5,034 | ▼ 57.6% |
| Current assets29/58 | €65,094 | €47,072 | €40,731 | €84,069 | €111,711 | ▲ 32.9% |
| Amounts receivable within one year40/41 | €37,778 | €33,963 | €31,838 | €51,442 | €104,592 | ▲ 103% |
| Trade receivables40 | - | €29,978 | €31,191 | €50,603 | €104,038 | ▲ 106% |
| Other amounts receivable41 | - | €3,985 | €647 | €839 | €554 | ▼ 34.0% |
| Cash at bank and in hand54/58 | €26,602 | €11,279 | €6,301 | €16,412 | €3,071 | ▼ 81.3% |
| Deferred charges and accrued income490/1 | - | €1,830 | €2,593 | €16,216 | €4,048 | ▼ 75.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €666,668 | €620,524 | €630,109 | €637,029 | €619,048 | ▼ 2.8% |
| Equity10/15 | €508,572 | €475,112 | €423,439 | €427,930 | €361,806 | ▼ 15.5% |
| Contributions10/11 | - | €19,000 | €19,000 | €19,000 | €19,000 | = |
| Reserves13 | €486,400 | €452,941 | €402,166 | €400,112 | €333,988 | ▼ 16.5% |
| Non-distributable reserves130/1 | - | €1,900 | €1,900 | €0 | - | - |
| Reserves not available under the articles1311 | - | €1,900 | €1,900 | €0 | - | - |
| Tax-exempt reserves132 | - | €47,600 | €45,546 | €43,492 | €41,438 | ▼ 4.7% |
| Distributable reserves133 | - | €403,440 | €354,720 | €356,620 | €292,550 | ▼ 18.0% |
| Profit (loss) carried forward14 | €3,171 | €3,171 | €2,273 | €8,818 | €8,818 | = |
| Provisions and deferred taxes16 | €20,857 | €19,994 | €19,132 | €18,269 | €17,406 | ▼ 4.7% |
| Deferred taxes168 | - | €19,994 | €19,132 | €18,269 | €17,406 | ▼ 4.7% |
| Amounts payable17/49 | €137,239 | €125,418 | €187,538 | €190,830 | €239,836 | ▲ 25.7% |
| Amounts payable after more than one year17 | €68,701 | €53,359 | €112,801 | €59,447 | €10,423 | ▼ 82.5% |
| Financial debts170/4 | - | €53,359 | €112,801 | €59,447 | €10,423 | ▼ 82.5% |
| Amounts payable within one year42/48 | €65,618 | €69,999 | €72,737 | €129,383 | €227,413 | ▲ 75.8% |
| Current portion of amounts payable after more than one year42 | - | €15,342 | €51,501 | €53,354 | €49,024 | ▼ 8.1% |
| Financial debts43 | - | - | €983 | €993 | €790 | ▼ 20.4% |
| Credit institutions430/8 | - | - | €983 | €993 | €790 | ▼ 20.4% |
| Trade debts44 | €8,009 | €13,050 | €7,394 | €17,794 | €13,595 | ▼ 23.6% |
| Suppliers440/4 | - | €13,050 | €7,394 | €17,794 | €13,595 | ▼ 23.6% |
| Taxes, remuneration and social security45 | - | €12,238 | €1,384 | €6,862 | €13,844 | ▲ 102% |
| Taxes450/3 | - | €520 | €1,384 | €6,862 | €13,844 | ▲ 102% |
| Remuneration and social security454/9 | - | €11,718 | - | - | - | - |
| Other amounts payable47/48 | - | €29,368 | €11,475 | €50,380 | €150,159 | ▲ 198% |
| Accrued charges and deferred income492/3 | - | €2,060 | €2,000 | €2,000 | €2,000 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €49,870 | -€1,830 | -€2,152 | €4,491 | €61,373 | ▲ 1,267% |
| + Depreciation and write-downs630 | €73,077 | €30,481 | €36,551 | €40,905 | €38,788 | ▼ 5.2% |
| Operating cash flow (approximation) | €122,947 | €28,651 | €34,399 | €45,396 | €100,161 | ▲ 121% |
| Investment in fixed assets (approximation) | - | -€2,360 | -€52,476 | -€4,487 | €6,835 | ▲ 252% |
| Change in cash | - | -€15,323 | -€4,978 | €10,111 | -€13,340 | ▼ 232% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
03-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 3 days late
2024
30-06
Financial
Back to profitnet €4,491
Net result €4,491 after 2 loss-making years.
01-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 1 day late
2023
30-06
Financial
Weakest financial yearnet -€2,152
Net result drops to -€2,152, the lowest in the series; recovery starts the following year.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
05-02
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 5 days late
2020
30-06
Financial
Highest result since 2019net €135,284 ▲49.7%
Operating result €204,971, net result €135,284, both a record.
30-06
Financial
Liquidity triplescurrent ratio 7.05
Current ratio from 2.63 to 7.05.
30-06
Financial
Equity above €500,000Eq €540,259 ▲25.9%
2 profitable years in a row build equity to €540,259.
30-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2019
27-06
State Gazette act
General meeting · Director resignation
Permanent representative · Director appointment
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Gent · 1 establishment unit since 2001
Ground area
185 m²
Building footprint
94 m²
Volume, LiDAR
1,108 m³
Parcel 44804D3679/00R000, Flanders · tallest building 18.4 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Kasteellaan 89, 9000 Gent
since 20012.098.222.440
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44804D3679/00R000 | Flanders | 185 m² | 1 · 94 m² | 18.4 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ECOCEL
BE 0478.770.620
Gent · Eq €361,818
NORTHWEST - ORIENT
BE 0442.611.196
Kortrijk · Eq €361,753
STAUR
BE 0752.886.086
Evergem · Eq €361,864
EVELDA
BE 0799.903.075
Herenthout · Eq €361,705
Kelba
BE 0447.429.227
Herk-de-Stad · Eq €361,697
Of 24,729 companies in sector 64210 we hold annual accounts for 19,800. 13,784 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-05-2001
Fiscal year end30-06
Activities, NACEBEL 2025
64210Activities of holding companies
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0474746110
Also
9925:BE0474746110
Registered
06-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.