Public limited company · founded 2014 · 12 yrs activeHerkenrodesingel 14, 3500 Hasselt, BelgiumKBO/BCE: BE 0559.893.403
Summary
LOMMEL WIN(D)T has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.0m and a net result of €293,233. Equity is growing by ~8.8% per year across the filed fiscal years. Its solvency ranks better than 43% of 270 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
How financially healthy the company is, how likely a bankruptcy is and how much credit is sensible. Start here to know whether you can do business safely.
Score 2025
Checked score
A figure from 0 to 100 for financial health from the latest annual accounts: the higher, the healthier. Without a figure, the card says why. A low score is a reason to look closely at payment terms and security.
Four sides of financial health side by side. You see at a glance where the company is strong and where it is vulnerable.
Profitability72▼-9
Solvency50▲+3
Growth48▼-25
Track record100
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that this company goes bankrupt within twelve months. A low chance is reassuring; with a higher one, agree shorter payment terms or an advance.
0.2%Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €350,000 at 30 days acceptable
Liquidity ample (current ratio 1.72 against 1.23 in 2024; short-term debt: 8.3% and cash: 1% of total assets), but 75% of the assets are financed with debt.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 79 days before the deadline; the sector median for financial year 2024 is 22 days before the deadline, and 27% of the sector filed late.
Checked, nothing found (2)
○
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. Usually files around 16 May (4 of the last 5 filed years within 30 days of that day).
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
History
History
The company's story in a few sentences, from the company register, the Belgian State Gazette and the filed annual accounts. Each number opens the document the sentence rests on.
On 13 August 2014, LOMMEL WIN(D)T was incorporated.1Revenue went from EUR 3.3 million in 2018 to EUR 3.8 million in 2025.2
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 35, Electricity, gas, steam and air conditioning supply, 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
Net result€488,736within the sector's middle half▼ 53.5%€831,064within the sector's middle half▲ 70.0%€8.2mabove the sector's middle half▲ 891%€1.1mabove the sector's middle half▼ 87.1%€293,233within the sector's middle half▼ 72.4%
Equity€4.2mwithin the sector's middle half▲ 13.1%€5.1mwithin the sector's middle half▲ 19.7%€5.1mwithin the sector's middle half=€5.1mwithin the sector's middle half=€5.0mwithin the sector's middle half▼ 0.2%
Total assets€10.0mwithin the sector's middle half▲ 9.4%€24.9mwithin the sector's middle half▲ 149%€38.1mabove the sector's middle half▲ 52.8%€23.1mwithin the sector's middle half▼ 39.4%€20.2mwithin the sector's middle half▼ 12.4%
Working capital€18,191within the sector's middle half▼ 98.7%€581,121within the sector's middle half▲ 3,095%€165,686within the sector's middle half▼ 71.5%€810,704within the sector's middle half▲ 389%€1.2mwithin the sector's middle half▲ 48.6%
Solvency42.1%within the sector's middle half▲ 1.4pp20.3%within the sector's middle half▼ 21.8pp13.3%within the sector's middle half▼ 7.0pp21.9%within the sector's middle half▲ 8.6pp25.0%within the sector's middle half▲ 3.1pp
Current ratio1.01within the sector's middle half▼ 0.931.22within the sector's middle half▲ 0.211.01within the sector's middle half▼ 0.221.23within the sector's middle half▲ 0.221.72within the sector's middle half▲ 0.49
Return on assets (ROA)4.9%within the sector's middle half▼ 6.6pp3.3%within the sector's middle half▼ 1.5pp21.6%above the sector's middle half▲ 18.3pp4.6%within the sector's middle half▼ 17.0pp1.5%within the sector's middle half▼ 3.2pp
abovewithinbelowthe middle half (P25 to P75) of NACE 35, Electricity, gas, steam and air conditioning supply, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 55% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €20.2m
85.7%
14.3%
Fixed assets€17.3m ▼ 7.7%
Current assets€2.9m ▼ 33.0%
Equity and liabilities €20.2m
25.0%
73.5%
Equity€5.0m ▼ 0.2%
Provisions€311,667 ▲ 6.9%
Debt€14.8m ▼ 16.2%
Debt's share of the balance-sheet total falls from 76.8% to 73.5%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2.3m▼
2024 · €3.7m
Cash flow
€1.7m▼
2024 · €2.8m
Debt to equity
2.94▼
2024 · 3.51
ROE
5.8%▼
2024 · 21.0%
Interest coverage
4.52▼
2024 · 5.61
Debt ≤ 1 year
€1.7m▼
2024 · €3.5m
Debt > 1 year
€12.9m▼
2024 · €14.0m
Income taxes
€97,964▼
2024 · €382,288
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observation
Peer companies
What happened to companies that once looked just like this one does now. It describes the group, not this company: the figures are counted, not predicted.
Of the 290 companies that looked in July 2024 the way this one looks now, 0% went bankrupt within 24 months and 97% are still going.
Medium-sized
10 to 20 years old
solvency 10 to 30%
a profit under 5% of the balance sheet
0%went bankrupt
3.1%stopped otherwise
97%still going
For this company itself Checked computes a bankruptcy probability of 0.2% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
The companies in ten equal groups, from lowest to 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%
1.0%
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%
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 290 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
Filed annual accountsAs filed with the NBB · 2025 against 2024 · 69 lines
Balance sheetCode20242025
Assets
Total assets20/58€23.1m€20.2m▼
Fixed assets21/28€18.8m€17.3m▼
Tangible fixed assets22/27€18.8m€17.3m▼
Plant, machinery and equipment23€18.7m€17.3m▼
Assets under construction and advance payments27€36,706€36,706=
Current assets29/58€4.3m€2.9m▼
Stocks and contracts in progress3€73,620-
Stocks30/36€73,620-
Finished goods33€73,620-
Amounts receivable within one year40/41€1.4m€1.5m▲
Trade receivables40€1.3m€1.3m▲
Other amounts receivable41€173,336€173,336=
Current investments50/53€922,138€1.1m▲
Other investments51/53€922,138€1.1m▲
Cash at bank and in hand54/58€1.7m€211,851▼
Deferred charges and accrued income490/1€180,612€114,557▼
Equity and liabilities
Total equity and liabilities10/49€23.1m€20.2m▼
Equity10/15€5.1m€5.0m▼
Contributions10/11€2.5m€2.5m=
Capital10€2.5m€2.5m=
Issued capital100€2.5m€2.5m=
Reserves13€245,389€245,389=
Non-distributable reserves130/1€245,389€245,389=
Legal reserve130€245,389€245,389=
Profit (loss) carried forward14€2.4m€2.3m▼
Provisions and deferred taxes16€291,667€311,667▲
Provisions for liabilities and charges160/5€291,667€311,667▲
Environmental obligations163€291,667€311,667▲
Amounts payable17/49€17.7m€14.8m▼
Amounts payable after more than one year17€14.0m€12.9m▼
Financial debts170/4€14.0m€12.9m▼
Subordinated loans170€1.2m€1.2m=
Credit institutions173€12.8m€11.7m▼
Amounts payable within one year42/48€3.5m€1.7m▼
Current portion of amounts payable after more than one year42€1.1m€1.1m=
Trade debts44€329,821€216,831▼
Suppliers440/4€329,821€216,831▼
Taxes, remuneration and social security45€1.0m€95,533▼
Taxes450/3€1.0m€95,533▼
Other amounts payable47/48€1.1m€302,400▼
Accrued charges and deferred income492/3€265,944€269,388▲
Income statementCode20242025
Operating income70/76A€5.0m€3.7m▼
Turnover70€5.7m€3.8m▼
Change in stocks of work in progress, finished goods and contracts in progress71-€637,290-€73,620▲
Other operating income74€18,523-
Operating charges60/66A€3.1m€2.8m▼
Goods for resale, raw materials and consumables60€5,545€8,799▲
Purchases600/8€5,545€8,799▲
Services and other goods61€1.3m€1.4m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.7m€1.4m▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€22,083€20,000▼
Other operating charges640/8€1,383€1,359▼
Operating profit (loss)9901€2.0m€904,723▼
Financial income75/76B€113,818€7,218▼
Recurring financial income75€113,818€7,218▼
Income from current assets751€113,818€7,218▼
Financial charges65/66B€658,349€520,744▼
Recurring financial charges65€658,349€520,744▼
Debt charges650€655,795€520,170▼
Other financial charges652/9€2,554€574▼
Profit (loss) for the period before taxes9903€1.4m€391,197▼
Income taxes67/77€382,288€97,964▼
Taxes670/3€382,288€97,964▼
Profit (loss) for the period9904€1.1m€293,233▼
Profit (loss) for the period to be appropriated9905€1.1m€293,233▼
Appropriation of the result
Profit (loss) to be appropriated9906€3.4m€2.6m▼
Profit (loss) brought forward from the previous period14P€2.4m€2.4m=
Profit to be distributed694/7€1.1m€302,400▼
Return on contributions (dividend)694€1.1m€302,400▼
The notes to these accounts (31 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Line
2021
2022
2023
2024
2025
Change
Operating income70/76A
€2.6m
€3.4m
€22.2m
€5.0m
€3.7m
▼ 25.7%
Turnover70
€2.6m
€3.4m
€21.5m
€5.7m
€3.8m
▼ 32.5%
Change in stocks of work in progress, finished goods and contracts in progress71
-
-
€710,910
-€637,290
-€73,620
▲ 88.4%
Other operating income74
-
-
€39,737
€18,523
-
-
Operating charges60/66A
€1.9m
€2.1m
€11.0m
€3.1m
€2.8m
▼ 7.0%
Goods for resale, raw materials and consumables60
-
-
€406,259
€5,545
€8,799
▲ 58.7%
Purchases600/8
-
-
€406,259
€5,545
€8,799
▲ 58.7%
Services and other goods61
€579,761
€724,197
€2.8m
€1.3m
€1.4m
▲ 2.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630
€1.3m
€1.4m
€2.7m
€1.7m
€1.4m
▼ 14.7%
Provisions for liabilities and charges: additions (uses and reversals)635/8
€25,000
€26,667
€45,000
€22,083
€20,000
▼ 9.4%
Other operating charges640/8
€1,183
€1,186
€5.0m
€1,383
€1,359
▼ 1.7%
Operating profit (loss)9901
€740,565
€1.2m
€11.2m
€2.0m
€904,723
▼ 54.5%
Financial income75/76B
€14
-
€74,739
€113,818
€7,218
▼ 93.7%
Recurring financial income75
€14
-
€74,739
€113,818
€7,218
▼ 93.7%
Income from current assets751
€14
-
€74,739
€113,818
€7,218
▼ 93.7%
Financial charges65/66B
€251,842
€387,717
€692,445
€658,349
€520,744
▼ 20.9%
Recurring financial charges65
€251,842
€387,717
€692,445
€658,349
€520,744
▼ 20.9%
Debt charges650
€250,582
€387,518
€691,944
€655,795
€520,170
▼ 20.7%
Other financial charges652/9
€1,260
€199
€501
€2,554
€574
▼ 77.5%
Profit (loss) for the period before taxes9903
€488,736
€831,064
€10.6m
€1.4m
€391,197
▼ 72.9%
Income taxes67/77
€0
-
€2.4m
€382,288
€97,964
▼ 74.4%
Taxes670/3
€0
-
€2.4m
€382,288
€97,964
▼ 74.4%
Profit (loss) for the period9904
€488,736
€831,064
€8.2m
€1.1m
€293,233
▼ 72.4%
Profit (loss) for the period to be appropriated9905
€488,736
€831,064
€8.2m
€1.1m
€293,233
▼ 72.4%
Line
2021
2022
2023
2024
2025
Change
Assets
Total assets20/58
€10.0m
€24.9m
€38.1m
€23.1m
€20.2m
▼ 12.4%
Fixed assets21/28
€8.7m
€21.8m
€20.4m
€18.8m
€17.3m
▼ 7.7%
Tangible fixed assets22/27
€8.7m
€21.8m
€20.4m
€18.8m
€17.3m
▼ 7.7%
Plant, machinery and equipment23
€2.9m
€21.8m
€20.4m
€18.7m
€17.3m
▼ 7.7%
Assets under construction and advance payments27
€5.9m
-
€35,272
€36,706
€36,706
=
Current assets29/58
€1.3m
€3.2m
€17.6m
€4.3m
€2.9m
▼ 33.0%
Stocks and contracts in progress3
-
-
€710,910
€73,620
-
-
Stocks30/36
-
-
€710,910
€73,620
-
-
Finished goods33
-
-
€710,910
€73,620
-
-
Amounts receivable within one year40/41
€591,044
€937,899
€3.7m
€1.4m
€1.5m
▲ 3.8%
Trade receivables40
€531,040
€877,895
€3.7m
€1.3m
€1.3m
▲ 4.3%
Other amounts receivable41
€60,004
€60,004
-
€173,336
€173,336
=
Current investments50/53
€82,277
€114,991
€9.3m
€922,138
€1.1m
▲ 16.7%
Other investments51/53
€82,277
€114,991
€9.3m
€922,138
€1.1m
▲ 16.7%
Cash at bank and in hand54/58
€490,000
€2.0m
€3.8m
€1.7m
€211,851
▼ 87.6%
Deferred charges and accrued income490/1
€121,777
€116,311
€182,426
€180,612
€114,557
▼ 36.6%
Equity and liabilities
Total equity and liabilities10/49
€10.0m
€24.9m
€38.1m
€23.1m
€20.2m
▼ 12.4%
Equity10/15
€4.2m
€5.1m
€5.1m
€5.1m
€5.0m
▼ 0.2%
Contributions10/11
€2.5m
€2.5m
€2.5m
€2.5m
€2.5m
=
Capital10
€2.5m
€2.5m
€2.5m
€2.5m
€2.5m
=
Issued capital100
€2.5m
€2.5m
€2.5m
€2.5m
€2.5m
=
Reserves13
€245,389
€245,389
€245,389
€245,389
€245,389
=
Non-distributable reserves130/1
€245,389
€245,389
€245,389
€245,389
€245,389
=
Legal reserve130
€245,389
€245,389
€245,389
€245,389
€245,389
=
Profit (loss) carried forward14
€1.5m
€2.4m
€2.4m
€2.4m
€2.3m
▼ 0.4%
Provisions and deferred taxes16
€197,917
€224,583
€269,583
€291,667
€311,667
▲ 6.9%
Provisions for liabilities and charges160/5
€197,917
€224,583
€269,583
€291,667
€311,667
▲ 6.9%
Environmental obligations163
€197,917
€224,583
€269,583
€291,667
€311,667
▲ 6.9%
Amounts payable17/49
€5.6m
€19.6m
€32.8m
€17.7m
€14.8m
▼ 16.2%
Amounts payable after more than one year17
€4.3m
€17.0m
€15.0m
€14.0m
€12.9m
▼ 7.6%
Financial debts170/4
€4.3m
€17.0m
€15.0m
€14.0m
€12.9m
▼ 7.6%
Subordinated loans170
€2.5m
€1.2m
€1.2m
€1.2m
€1.2m
=
Credit institutions173
€1.8m
€15.8m
€13.8m
€12.8m
€11.7m
▼ 8.3%
Amounts payable within one year42/48
€1.3m
€2.6m
€17.5m
€3.5m
€1.7m
▼ 52.0%
Current portion of amounts payable after more than one year42
€895,000
€2.0m
€2.0m
€1.1m
€1.1m
=
Trade debts44
€242,704
€590,991
€996,427
€329,821
€216,831
▼ 34.3%
Suppliers440/4
€242,704
€590,991
€996,427
€329,821
€216,831
▼ 34.3%
Taxes, remuneration and social security45
€129,203
€34,828
€6.3m
€1.0m
€95,533
▼ 90.8%
Taxes450/3
€129,203
€34,828
€6.3m
€1.0m
€95,533
▼ 90.8%
Other amounts payable47/48
-
-
€8.2m
€1.1m
€302,400
▼ 71.5%
Accrued charges and deferred income492/3
€46,139
€83,686
€255,590
€265,944
€269,388
▲ 1.3%
Line
2021
2022
2023
2024
2025
Change
Profit (loss) for the period9904
€488,736
€831,064
€8.2m
€1.1m
€293,233
▼ 72.4%
+ Depreciation and write-downs630
€1.3m
€1.4m
€2.7m
€1.7m
€1.4m
▼ 14.7%
Operating cash flow (approximation)
€1.8m
€2.2m
€10.9m
€2.8m
€1.7m
▼ 36.9%
Investment in fixed assets (approximation)
-
-€14.4m
-€1.4m
-€16,254
€0
▲ 100%
Change in cash
-
€1.5m
€1.8m
-€2.1m
-€1.5m
▲ 28.8%
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
What happened to the company over the years, from its founding to recent changes. Many changes in a short time are a reason to ask questions.
Next filing, fiscal year 2026, expected by
31-07-2027
2026
22-07
State Gazette actReappointments: Bernard Steverlynck, Bob Nijs and 4 others
Permanent representative: Tom Vanham · Appointments: Grant Thornton Bedrijfsrevisoren (statutory auditor) and Bernard Steverlynck (managing director)12 facts ▸
General meeting, 08-04-2026
Director reappointment, Bernard Steverlynck (director)
Director reappointment, Bob Nijs (director)
Director reappointment, Ludo Kelchtermans (director)
Director reappointment, Mark Vanleeuw (director)
Director reappointment, Peter Jans (director)
Director reappointment, LRM Beheer nv (director)
Permanent representative, Tom Vanham (permanent representative)
Auditor appointment, Grant Thornton Bedrijfsrevisoren (statutory auditor)
Board meeting, 26-05-2026
Director appointment, Bernard Steverlynck (managing director)
Net result drops to €293,233, the lowest in the series.
03-06
NBB filingAnnual accounts filed
fiscal year 2024 · full schema
2024
17-06
NBB filingAnnual accounts filed
fiscal year 2023 · full schema
2023
31-12
FinancialHighest result since 2018net €8.2m ▲891%
Operating result €11.2m, net result €8.2m, both a record.
16-05
NBB filingAnnual accounts filed
fiscal year 2022 · full schema
2022
31-12
FinancialEquity above €5mEq €5.1m ▲19.7%
5 profitable years in a row build equity to €5.1m.
05-05
NBB filingAnnual accounts filed
fiscal year 2021 · full schema
2021
20-04
NBB filingAnnual accounts filed
fiscal year 2020 · full schema
2020
17-04
NBB filingAnnual accounts filed
fiscal year 2019 · full schema
2019
29-04
NBB filingAnnual accounts filed
fiscal year 2018 · full schema
2018
02-05
NBB filingAnnual accounts filed
fiscal year 2017 · full schema
2017
02-05
NBB filingAnnual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 16 acts read
About the unread acts
Of the 16 Belgian State Gazette acts we know for this company, 1 has been read. The other 15 have not been read yet: what they contain is neither established nor disproved here.
Who runs the company and where it is based. It tells you who you are talking to and whether the address checks out.
Directors
Directors
Who runs the company today and since when, grouped the way the CBE groups its function holders. Many recent board changes are a reason to keep a close eye.
under verification, last change in 2026
This board is reconstructed from a single act (26094081). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Statutory auditor · since 22-07-2026 · perm. rep.: Elie Janssens
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
15 of this company's 16 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Location & real estate
Where the company is based and which parcels are linked to its addresses. An address shared by many companies is often a registered-office service.
President Kennedypark(Kor) 8A, 8500 KortrijkProduction of electricity from non-renewable sources
since 20142.235.679.358
2 parcels
Flanders2(100%)
Parcel (capakey)
Region
Area
Buildings
Height / fl.
34354D0092/00F000
Flanders
5,043 m²
1 · 811 m²
17.6 m · 4 fl.
71327G0703/00A000
Flanders
3,046 m²
1 · 1,282 m²
10.5 m
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
Mandate history
Who held which function and when, per person: one bar per period, from appointment to resignation or to today. An open left edge means the mandate began before the oldest act we hold.
Who owns the company and which companies it holds shares in, as the companies file it in their annual accounts. It shows which group it belongs to and who ultimately stands behind it.
The accounts to 31-12-2025 list no holdings, and no other source names one.
According to the 2025 annual accounts of LOMMEL WIN(D)T and those of the other companies, the acts in the Belgian Gazette and the LEI register.
The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
Connections & network
Which other companies are linked to this one through directors or shares. Look especially for linked companies in trouble.
25 connected companies
Depth
Shared directors
This companyCompanyDirectorShareholding+N: links not shown yetClick a node to look further, drag to arrange, scroll to zoom.
Of 814 companies in sector 35110 we hold annual accounts for 632. 335 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Company details
The company's official details: legal form, status, activities and founding date. Useful to draw up an invoice or contract correctly.
Identification
Legal formPublic limited company
Founded13-08-2014
Fiscal year end31-12
Activities, NACEBEL 2025
35110Production of electricity from non-renewable sources
E-invoicing
Reachable via Peppol
Peppol ID0208:0559893403
Also9925:BE0559893403
Registered27-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.