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LIMBURG WIN(D)T

Active
Public limited companyfounded 2009active for 16 yearsHerkenrodesingel 14, 3500 Hasselt, Belgium35 active companies are registered at this addressKBO/BCE: BE 0820.832.113
Summary

LIMBURG WIN(D)T has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.0m and a net result of €3.3m. Equity remains stable across the filed financial years (±0% per year). Its solvency ranks better than 27% of 349 sector peers (NACE 35, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

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LIMBURG WIN(D)TActiveChecked score 87/100
Risk analysis ReportCompare

Overview

Activity
Production of electricity from non-renewable sources
NACE 35110
3rd largest company by total assets in Hasselt, Energy sector1 site
Size
€23.0mturnover 2025
Equity
€6.0m
Profit
€3.3m
Financial health
87 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Parent
ASPIRAVI · 66.67%
Auditor: GRANT THORNTON BEDRIJFSREVISOREN - REVISEURS D'ENTREPRISES2025 accounts 84 days early5 of 24 deeds summarised
Why 87raises risk1 change of registered office in 24 monthsLiquidity: current ratio 2.41, cash €1.9mlowers riskSize: turnover €23.0m, total assets €56.3mFigures for financial year 2025 (filed 12-05-2026)Show the evidence

Checked score

Score 2025
87 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 46% of its sector peers (NACE 35, large)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 36+2
equity 10.7% of total assets
Liquidity 50+6
short-term debt 16.3% · cash 3.3%
Profitability 84-9
return on assets 5.8%
Bankruptcy probability, 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% (54 companies, NACE 35, large)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.3%▲ +0.1 percentage points vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.4%▲ +0.1 percentage points vs 05-2025highest value 07-2025: 0.1%▼ -0.3 percentage points 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 09-2025lowest value 11-2025: 0.1%● unchanged vs 10-2025lowest value 12-2025: 0.1%● unchanged vs 11-2025lowest value 01-2026: 0.1%● unchanged vs 12-2025lowest value 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.2%▲ +0.1 percentage points vs 02-2026 04-2026: 0.3%▲ +0.1 percentage points vs 03-2026 05-2026: 0.3%● unchanged vs 04-2026 06-2026: 0.2%▼ -0.1 percentage points 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
Credit of up to €500,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.41, compared with 1.41 in 2024, above the usual 1.5; short-term debt: 16.3% and cash: 3.3% of total assets), but 89.3% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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, large): better than 31% on solvency, 41% on liquidity, 91% on profitability and 21% on growth.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: turnover €23.0m, total assets €56.3m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2025 (filed 12-05-2026)
NBB · annual accounts
raises risk · Liquidity: current ratio 2.41, cash €1.9m
NBB · annual accounts
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 08-05-2026, 84 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
84 days early
2024
51 days early
2023
44 days early
2022
88 days early
2021
87 days early
2020
102 days early
2019
105 days 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 80 days before the deadline; the sector median (NACE 35) for financial year 2024 is 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 8 May (4 of the last 5 filed years within 33 days of that day).
Companies Code · seven months
Where today falls in the filing period
24-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointments: Bernard Steverlynck (director) and Grant…Pre-incorporation commitments
  2. Annual accounts filedfinancial year 2025 · full…
  3. Permanent representatives: Roeland Engelen and Luc…Gazette deed

Key points

  • Caution: Result fell in 2025from €11.2m to €3.3m ▼ 70.9% View
  • Positive: 3rd largest company by total assets in Hasselt, Energy sectorin the Checked rankings No. 3 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €3.3m 8 years View
  • Controlled by ASPIRAVIknown shareholders 100% 66.67% View

By topic

Financials

Financial year
2025
Turnover
€23.0m
Profit
€3.3m
Solvency
10.7%
Turnover▼ 23.9%
Net result
20182025
Go to Financials

Board & ownership

Board
1 member
Parent
ASPIRAVI · 66.67%
Known shareholders
100%
Auditor
GRANT THORNTON BEDRIJFSREVISOREN -…
  • Bernard SteverlynckManaging director
Go to Board & ownership

Timeline

Events
23
Since
2011
Next accounts
by 31-07-2027
  1. 11-02-2026Registered office
  2. 13-08-2025Resignation: Rik Van de Walle (director)
  3. 10-06-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Production of electricity from non-renewable sourcesNACE 35110
Founded
24-11-2009
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about LIMBURG WIN(D)T

What is the company number of LIMBURG WIN(D)T?
0820.832.113. In Belgium the VAT number is the company number with BE in front: BE 0820.832.113.
Where is LIMBURG WIN(D)T based?
The registered office is at Herkenrodesingel 14, 3500 Hasselt.Company details
What does LIMBURG WIN(D)T 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 LIMBURG WIN(D)T?
Public limited company (NV).
When was LIMBURG WIN(D)T founded?
On 24-11-2009.
Is LIMBURG WIN(D)T still active?
Yes, LIMBURG WIN(D)T is an active enterprise in the KBO register.
What is the turnover of LIMBURG WIN(D)T?
€23.0m in financial year 2025, according to the filed annual accounts.Financials
Is LIMBURG WIN(D)T profitable?
In financial year 2025, LIMBURG WIN(D)T made a profit of €3.3m.
Where can I find the annual accounts of LIMBURG WIN(D)T?
LIMBURG WIN(D)T filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LIMBURG WIN(D)T due?
By 31-07-2027, for financial year 2026.Timeline

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