RIDING THE WIND
ActiveRIDING THE WIND has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-26k) and a net result of €-17k. Equity is shrinking by ~47.9% per year across the filed fiscal years. Its solvency ranks better than 12% of 2042 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
32
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-52
Solvency0▼-16
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.02 against 0.06 in 2024; short-term debt: 132.4% and cash: 0.8% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 85
Relative position
BE, all sectors
reference
Sector 85
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-32.4%
Return on assets
-20.9%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-26k
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 11-06-2026, 50 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
50 d early
2024
51 d early
2023
47 d early
2022
49 d early
2021
59 d early
2020
9 d late
2019
57 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-26k▼ 181%
2024 · €-9k
2018: €29k
2019: €42k
2020: €52k
2021: €35k
2022: €21k
2023: €4k
2024: €-9k
2018 → 2025
Total assets
€81k▼ 19.4%
2024 · €100k
2018: €189k
2019: €179k
2020: €165k
2021: €148k
2022: €127k
2023: €112k
2024: €100k
2018 → 2025
Net result
€-17k▼ 28.7%
2024 · €-13k
2018: €19k
2019: €13k
2020: €10k
2021: €-18k
2022: €-13k
2023: €-17k
2024: €-13k
2018 → 2025
Working capital
€-105k▼ 2.3%
2024 · €-102k
2018: €-144k
2019: €-127k
2020: €-105k
2021: €-106k
2022: €-103k
2023: €-104k
2024: €-102k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€35k-€21k▼ 38.8%€4k▼ 82.3%€-9k€-26k▼ 181%
Operating result€-18k-€-13k▲ 24.3%€-17k▼ 30.1%€-13k▲ 25.4%€-17k▼ 29.0%
Net result€-18k-€-13k▲ 23.8%€-17k▼ 29.5%€-13k▲ 25.2%€-17k▼ 28.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €17k in 2025 against €13k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €81k
Fixed assets
€79k▼ 15.5%
Current assets
€2k▼ 72.1%
Key figures and ratios
EBITDA
€-2k▼
2024 · €2k
Cash flow
€-2k▼
2024 · €2k
Solvency
-32.4%▼
2024 · -9.3%
Current ratio
0.02▼
2024 · 0.06
Quick ratio
0.02▼
2024 · 0.06
Debt / equity
-4.09▲
2024 · -11.74
ROA
-20.9%▼
2024 · -13.1%
Interest coverage
-10.96▼
2024 · 12.31
Debt
€107k▼
2024 · €109k
Debt ≤ 1 year
€107k▼
2024 · €109k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€100k€81k▼
Fixed assets21/28€93k€79k▼
Tangible fixed assets22/27€93k€79k▼
Furniture and vehicles24€93k€79k▼
Other tangible fixed assets26€269€0▼
Current assets29/58€7k€2k▼
Amounts receivable within one year40/41€6k€1k▼
Trade receivables40€5k-
Other amounts receivable41€935€1k▲
Cash at bank and in hand54/58€693€620▼
Equity and liabilities
Total equity and liabilities10/49€100k€81k▼
Equity10/15€-9k€-26k▼
Contributions10/11€22k€22k=
Profit (loss) carried forward14€-31k€-48k▼
Amounts payable17/49€109k€107k▼
Amounts payable within one year42/48€109k€107k▼
Trade debts44€835€1k▲
Suppliers440/4€835€1k▲
Taxes, remuneration and social security45€8€108▲
Taxes450/3€8€108▲
Other amounts payable47/48€108k€106k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€14k▼
Gross operating margin9900€2k€-2k▼
Operating profit (loss)9901€-13k€-17k▼
Financial charges65/66B€180€197▲
Recurring financial charges65€180€197▲
Profit (loss) for the period before taxes9903€-13k€-17k▼
Profit (loss) for the period9904€-13k€-17k▼
Profit (loss) for the period to be appropriated9905€-13k€-17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-31k€-48k▼
Profit (loss) brought forward from the previous period14P€-18k€-31k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
14-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
02-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-18k ▼270%
Net result drops to €-18k, the lowest in the series; recovery starts the following year.
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 9 days late
2020
04-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
13-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Soignies · 1 establishment unit since 2016
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Caulier 947063 SoigniesGround area
1,096 m²
Parcel 53058C0256/00C002, Wallonia. Linked by address, not a title deed.
1 establishment unit
Riding The Wind
since 20162.256.119.238
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53058C0256/00C002 | Wallonia | 1,096 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 293 companies in sector 85532 we hold annual accounts for 83. 34 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-08-2016
Fiscal year end31-12
Activities, NACEBEL
85532Education
50100Water transport
77340Rental and leasing activities
77350Rental and leasing activities
85599Other education
93129Activities of other sports clubs
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@ridingthewind.be
Phone:+32489011077