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KT WIND ZELE

Active Private limited companyfounded 2013active for 13 yearsHolstraat 6, 9170 Sint-Gillis-WaasKBO/BCE: BE 0503.927.668 subsidiary of KT Projects

Lifetime

12 annual accounts with figures on one time axis
peak €1.2m (2015)
€481,416▼ 25.3%
peak €545,171 (2015)
€61,927▼ 63.4%
peak €1.7m (2020)
€931,397▼ 1.0%
€917,615▼ 23.7%
peak 0 FTE (2023)
0 FTE 
Board1 name since 2013
1 directorKT PROJECTS
Owners
Documentsfilings and deeds
31-08-202631 days late
2025abbreviated format
Gross margin from €644,180 to €481,416Result from €169,325 to €61,927Dividend €26,927Debts from €1.2m to €917,615Cash from €201,406 to €304,062

Key points

from the 2025 annual accounts

Equity

€931,397 from €1.7m in 2020

Equity fell by 46% in 5 years.

Result

€61,927 ▼ 63.4%
€169,0002024€61,9002025

The result fell in 2025 from €169,325 to €61,927.

Turnover

≈ €1.1m estimated

The abbreviated format states no turnover.

Investments

€4,844 0.0 × depreciation
2021202220242025

Green is investment, beige is depreciation.

Liquidity

7.34 was 2.57 in 2024

Short-term debts fell from €226,984 to €92,187.

Filings

12 annual accounts since 2014
AprilJune31 JulyOctober201520202025

Four of the last ten came late. The 2025 accounts came latest: 31 days after the end of the period.

Checked score

95
Excellent
Financially stronger than 60% of micro companies in electricity, gas and steam (NACE 35)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.3% across 542 companies (NACE 35, micro).

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

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025lowest value 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: < 0.1%▼ -0.1 percentage points vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: 0.1%▲ +0.1 percentage points vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026highest value 09-2026: 0.1%▼ -0.1 percentage points vs 08-2026 10-2026: 0.1%● unchanged vs 09-2026 11-2026: 0.1%● unchanged vs 10-2026

Financial strength
Strong

75+6equity 50.4% of total assets
71+10short-term debt 5.0% · cash 16.4%
73-6return on assets 3.3%

Score breakdown

raises risk
Last filed accounts filed 31 days late; 1 of the last 3 accounts late
lowers risk
Size: total assets €1.8m
Founded in 2013
Liquidity: current ratio 7.34, cash €304,062
Calculation

The band follows from the bankruptcy probability. 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, micro). It does better than 58% of them on solvency, 71% on liquidity, 65% on profitability and 48% on growth.

The bankruptcy probability was computed on 09-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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

Comparable companies, two years later

In July 2024, 6,049 companies had the same profile as KT WIND ZELE has now. Each dot stands for 16 companies, two years later.

95.9%
were still trading
3.6%
stopped another way
0.4%
went bankrupt
  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet

That fits the bankruptcy probability of KT WIND ZELE itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,049 companies, not a prediction for KT WIND ZELE. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

Credit of up to €85,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 7.34 (2.57 in 2024), above the usual 1.5. Short-term debt is 5% and cash 16.4% of total assets. 49.6% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Last filed accounts filed 31 days late; 1 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €1.8m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2013
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Liquidity: current ratio 7.34, cash €304,062
NBB · annual accounts
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days late. Weigh it accordingly: of the companies that move to filing 1 to 90 days late, 1.41% are now bankrupt, dissolved or in another special legal status, below the 1.66% of all filers. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filings
Deviation from the deadline
2025
31 days late
2024
14 days early
2023
on the day
2022
25 days early
2021
33 days early
2020
20 days late
2019
25 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 1 day after the deadline. In the sector (NACE 35), the median for financial year 2024 was 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 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 17 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

KP
Director, Truyman Kris, since 07-02-2013
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0503927668
Appointment: KT PROJECTS (director) Permanent representative: Truyman Kris · “De productie, verkoop en verdeling van elektriciteit op basis van hernieuwbare energiebronnen; Aanwending van…” (deed in Dutch) · General meeting of 26-10-2023 · Gazette deed
Incorporation published on 11-02-2013 · Gazette deed
First establishment Holstraat 6, Sint-Gillis-Waas
All 20 events

Comparable companies

same main activity, similar in size and age
Company
KT WIND ZELE Sint-Gillis-Waas €1.8m €0.5m 50.4% 0
EOLIENNES DE LORRAINE Arlon €2.1m €0.5m 49.8% 0
Solar-Com Lommel €2.8m €0.8m -15.9% 0
PANDO Woluwe-Saint-Pierre €2.7m €0.9m 29.5% 0
ZWARTHOUT ENERGIE Duffel €2.9m €1.1m 39.3% 0
ZANDVOORDE GREEN INVEST Kortrijk €2.4m €0.6m 45.4% 0
EIFELER MONTAGE UND WARTUNG Butgenbach €1.6m €0.2m 36.0% 1

These companies have the same main activity as KT WIND ZELE: production of electricity from non-renewable sources (NACE 35110). They are comparable in size and age: total assets between €1.6m and €2.9m, founded between 2009 and 2013.

Official details

Source: KBO
Status
Active since 07-02-2013Normal situation
Activity
Production of electricity from non-renewable sourcesNACE 35110and 2 others
Establishment unit
2.217.142.4609170 Sint-Gillis-Waas, since 07-02-2013
Financial year end
31 December
Peppol
Reachable since 10-11-2025
Company details

Annual accounts 2025

€1.8m▼ 13.7%
Filing
Filed on 31-08-2026
Financials

Insights on KT WIND ZELE

KT WIND ZELE files the abbreviated format. That format states no turnover. The gross margin fell from €1.2m in 2014 to €481,416 in 2025.

KT Projects holds all the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about KT WIND ZELE

What is the company number of KT WIND ZELE?
The company number of KT WIND ZELE is 0503.927.668. The VAT number is the same number with BE in front: BE 0503.927.668.
Where is KT WIND ZELE based?
The registered office is at Holstraat 6, 9170 Sint-Gillis-Waas.Company details
What does KT WIND ZELE do?
According to the KBO register, the main activity is production of electricity from non-renewable sources (NACE 35110).
What is the legal form of KT WIND ZELE?
KT WIND ZELE is a private limited company (BV).
When was KT WIND ZELE founded?
KT WIND ZELE was founded on 07-02-2013.
Is KT WIND ZELE still active?
Yes, KT WIND ZELE is an active enterprise in the KBO register.
What is the turnover of KT WIND ZELE?
The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €481,416 and 2,275 comparable companies of the same size. It probably lies between €680,000 and €1.9m. It is a rough estimate.Financials
Is KT WIND ZELE profitable?
In financial year 2025, KT WIND ZELE made a profit of €61,927.
Where can I find the annual accounts of KT WIND ZELE?
KT WIND ZELE filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of KT WIND ZELE due?
KT WIND ZELE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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