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LEEWARD en WINDWARD

Active
Public limited companyfounded 1989active for 36 yearsZeedijk-Albertstrand 470, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 0439.551.540
Summary

LEEWARD en WINDWARD has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €69,162 and a net result of €2,297. Equity has been shrinking by about 7.1% per year since 2019. Its solvency ranks better than 16% of 8,583 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Official details

Source: KBO
Status
Active since 21-12-1989 Normal situation
Activity
Advertising agencies NACE 73110and 2 others
Joint committee
200 Aanvullend Paritair Comité voor de bedienden · annual accounts 30-06-2025
Establishment unit
2.046.748.005 1850 Grimbergen, since 23-01-1990
Financial year end
30 June
Peppol
Reachable since 09-09-2025

Board and ownership

Board

Financial position

86 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Annual accounts to 30-06-2025
Gross margin
€71,027
▲ 0.7%
Turnover
≈ €150,000
estimated
Profit
€2,297
▼ 70.4%
Equity
€69,162
▲ 3.4%
Total assets
€1.2m
▲ 408%
Employees on 30-06-2025
1
=
Score breakdownraises riskLiquidity: current ratio 1.06, cash €1,524Equity €69,162 (5.8% of total assets)lowers riskSize: total assets €1.2mFounded in 1989Show the evidence

Checked score

Score 2025
86 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 24% of micro companies in advertising and market research (NACE 73)
Financial strength · tick: 2024
Weak
Solvency 31-23
equity 5.8% of total assets
Liquidity 0-13
short-term debt 94.1% · cash 0.1%
Profitability 38-28
return on assets 0.2%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (11,227 companies, NACE 73, micro)
Last 24 months 12-2024: 0.2% 01-2025: 0.3%▲ +0.1 percentage points vs 12-2024highest value 02-2025: 0.1%▼ -0.2 percentage points vs 01-2025 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%● unchanged vs 06-2025lowest value 08-2025: 0.1%● unchanged vs 07-2025lowest value 09-2025: 0.1%● unchanged vs 08-2025lowest value 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: 0.2%▲ +0.1 percentage points vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.2%● unchanged vs 06-2026 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026 11-2026: 0.2%● unchanged vs 10-2026
Credit of up to €5,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.06 (1.4 in 2024), below the usual 1.5. Short-term debt is 94.1% and cash 0.1% of total assets. 94.2% of the assets are financed with debt and provisions.
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 73, micro). It does better than 17% of them on solvency, 2% on liquidity, 25% on profitability and 52% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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

Signals

Seven signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €1.2m
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 1989
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Liquidity: current ratio 1.06, cash €1,524
NBB · annual accounts
raises risk · Equity €69,162 (5.8% of total assets)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 8583 sector peers (2025).
NBB · sector comparison
Position among 8583 sector peers
Solvency
better than 16%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year €69,162
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 22-12-2025, 40 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
40 days early
2024
21 days early
2023
1 day early
2022
on the day
2021
3 days early
2020
3 days early
2019
16 days early
← 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 12 days before the deadline. In the sector (NACE 73), the median for financial year 2024 was 6 days before the deadline, and 36% 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 28 January (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
30-06-2026 year end02-11-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower solvency than 84% of companies in advertising and market researchsector median 53.4% · 8,583 companies 5.8% View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Amendment of the articles
  2. · Gazette deed Reappointments: Yves Van Lent (director and managing director) and Michaël Van Lent (director)
  3. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as LEEWARD en WINDWARD: advertising agencies (NACE 73110). They are comparable in size and age: total assets between €1m and €1.4m, founded between 1987 and 1992.

CompanyTotal assetsGross margin
LEEWARD en WINDWARD Knokke-Heist€1.2m€0.07m
BEAUTY INTERNATIONAL Elsene€1.2m€0.08m
IPSIS WORKS Sint-Pieters-Woluwe€1.2m€0.06m
BRUYNINCKX - DESIGNERS Antwerpen€1.2m€0.09m
S.T.C. et Co Etterbeek€1.4m€0.08m
T.A. Management Antwerpen€1.0m€0.06m
SLEURS, DE KEUKENSPECIALIST Hasselt€1.1m€0.09m
Full comparison

Key facts about LEEWARD en WINDWARD

What is the company number of LEEWARD en WINDWARD?
The company number of LEEWARD en WINDWARD is 0439.551.540. The VAT number is the same number with BE in front: BE 0439.551.540.
Where is LEEWARD en WINDWARD based?
The registered office is at Zeedijk-Albertstrand 470, 8300 Knokke-Heist.Company details
What does LEEWARD en WINDWARD do?
According to the KBO register, the main activity is advertising agencies (NACE 73110).
What is the legal form of LEEWARD en WINDWARD?
The legal form of LEEWARD en WINDWARD is Public limited company (NV).
When was LEEWARD en WINDWARD founded?
LEEWARD en WINDWARD was founded on 21-12-1989.
Is LEEWARD en WINDWARD still active?
Yes, LEEWARD en WINDWARD is an active enterprise in the KBO register.
How many employees does LEEWARD en WINDWARD have?
LEEWARD en WINDWARD had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does LEEWARD en WINDWARD fall under?
In its 30-06-2025 annual accounts, LEEWARD en WINDWARD states joint committee 200 (Aanvullend Paritair Comité voor de bedienden).
What is the turnover of LEEWARD en WINDWARD?
The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €71,027 and 31 comparable companies (NACE 73). It probably lies between €130,000 and €200,000.
Is LEEWARD en WINDWARD profitable?
In financial year 2025, LEEWARD en WINDWARD made a profit of €2,297.
Where can I find the annual accounts of LEEWARD en WINDWARD?
LEEWARD en WINDWARD filed 35 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LEEWARD en WINDWARD due?
LEEWARD en WINDWARD must file the annual accounts for financial year 2026 by 31-01-2027.Timeline

Next steps

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