Equity
€3.0m ▼ 3.5%
RavaWind paid out €300,000 in dividends. That is 155% of the 2025 profit.
RavaWind
Lifetime
5 annual accounts with figures on one time axispeak €2.6m (2023)
€839,846▼ 44.9%
lowest -€67,207 (2022)
€193,156▼ 77.8%
peak €3.1m (2024)
€3.0m▼ 3.5%
€7.4m▼ 6.7%
Board10 names since 2020
4 directorsBen Simons BV and 3 others
Owners
Documentsfilings and deeds
23-06-202638 days before the deadline
2025financial year
Gross margin from €1.5m to €839,846Result from €868,183 to €193,156Permanent representatives: Ellen Tindemans and Jean Bernard P… 19-12Dividend €300,000
Key points
from the 2025 annual accountsResult
€193,156 ▼ 77.8%
The result fell in 2025: different schema filed.
Turnover
≈ €2.0m estimated
The accounts state no turnover.
Debts
€7.4m 71% of the balance sheet
Financial debts 89%Suppliers 0%Taxes and wages 0%Other 10%
€7.0m of the debts are secured on the company's own assets.
Investments
€125,000 0.2 × depreciation
Green is investment, beige is depreciation.
Filings
5 annual accounts since 2021
The last five annual accounts were filed 38 to 53 days before the end of the period.
Checked score
94
Excellent
Financially stronger than 54% of medium-sized 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: 0.2% across 107 companies (NACE 35, medium-sized).
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 01-2025
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: 0.2%▲ +0.1 percentage points vs 05-2025highest value
07-2025: 0.1%▼ -0.1 percentage points vs 06-2025
08-2025: 0.1%● unchanged 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%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026lowest value
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthAverage
Score breakdown
raises risk
Liquidity: current ratio 0.85, cash €446,391
Founded in 2020
lowers risk
Size: total assets €10.3m
Figures for financial year 2025 (filed on 23-06-2026)
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, medium-sized). It does better than 57% of them on solvency, 71% on liquidity, 55% on profitability and 30% on growth.
The bankruptcy probability was computed on 06-11-2026 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, 144 companies had the same profile as RavaWind has now. Each dot is one company, two years later.
96.5%
were still trading
2.1%
stopped another way
1.4%
went bankrupt
The bankruptcy probability of RavaWind itself is lower: 0.1% within 12 months. It rests on far more data about RavaWind than the profile alone.
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.
| 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 144 companies, not a prediction for RavaWind. 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 €270,000 on 30-day terms is acceptable
Liquidity is insufficient, with a current ratio of 0.85 (0.95 in 2024), below 1. Short-term debt is 7.7% and cash 4.3% of total assets. 71.2% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 23-06-2026, 38 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
38 days early
2024
45 days early
2023
48 days early
2022
48 days early
2021
53 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 5 accounts on average 46 days before 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 14 June (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
07-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- POLDERS INVESTERINGSFONDS 50%equity €44.9m (2025) · 2025 annual accounts of POLDERS INVESTERINGSFONDS
Recent changes
Permanent representatives: Ellen Tindemans and Jean Bernard Pieuli-Takou
Gazette deed
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0756635038
Reappointment: Nielandt,Franken & Co Bedrijfsrevisoren BV (statutory auditor)
Permanent representative: Jean Bernard Pieuli-Takou · General meeting of 07-06-2024 · Gazette deed
2 directors appointed, 2 resignations, 2 reappointments
Resignations: Zilos BV and Synepeia BV · Permanent representatives: Joris Van Hees, Camille De Bruyn, Ben Simons and Ivo Leysen · Appointments: Mike Janssen and Bert Masscheleyn · General meeting of 06-05-2024 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| RavaWind Stabroek | €10.3m | €839,846 | 28.8% | - |
| LemBeau Ostend | €6.3m | €627,639 | 35.8% | - |
| ARDO ENERGY BELGIUM Ghent | €6.8m | €586,979 | 28.4% | - |
| RIVIEREHYDRO Herstal | €5.4m | €835,170 | 62.8% | - |
| WATT MATTERS TWO Ixelles | €13.4m | €896,733 | 5.8% | - |
| Mistral 2022 Vosselaar | €5.0m | €541,637 | 15.1% | - |
| Klimaan Mechelen | €4.3m | €509,996 | 57.5% | - |
These companies have the same main activity as RavaWind: production of electricity from non-renewable sources (NACE 35110). They are comparable in size and age: total assets between €4.3m and €13m, founded between 2019 and 2022.
Official details
Source: KBO- Status
- Active since 15-10-2020Normal situation
- Registered office
- 13 active companies are registered at this address3 started in the 12 months before. Source: KBO register, as of 7 November 2026.
- Activity
- Production of electricity from non-renewable sourcesNACE 35110and 1 other
- Establishment unit
- 2.309.170.1222940 Stabroek, since 15-10-2020
- Financial year end
- 31 December
- Peppol
- Reachable since 22-05-2025
Annual accounts 2025
- €10.3m▼ 5.8%
- Filing
- Filed on 23-06-2026, 38 days before the end of the filing period
Insights on RavaWind
RavaWind has existed since 2020. In 2023 the gross margin rose from €12,142 to €2.6m.
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 RavaWind
- What is the company number of RavaWind?
- The company number of RavaWind is 0756.635.038. The VAT number is the same number with BE in front: BE 0756.635.038.
- Where is RavaWind based?
- The registered office is at Hoge Weg 157, 2940 Stabroek.Company details
- What does RavaWind 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 RavaWind?
- RavaWind is a public limited company (NV).
- When was RavaWind founded?
- RavaWind was founded on 15-10-2020.
- Is RavaWind still active?
- Yes, RavaWind is an active enterprise in the KBO register.
- What is the turnover of RavaWind?
- The turnover in financial year 2025 is ≈ €2.0m. This figure is estimated from the gross margin of €839,846 and 2,275 comparable companies of the same size. It probably lies between €1.2m and €3.4m. It is a rough estimate.Financials
- Is RavaWind profitable?
- In financial year 2025, RavaWind made a profit of €193,156.
- Where can I find the annual accounts of RavaWind?
- RavaWind filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of RavaWind due?
- RavaWind must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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