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SECOND WIND

Active Private limited companyfounded 2020active for 6 yearsRue Warichet 19, 1401 NivellesKBO/BCE: BE 0741.728.217

Overview

Lifetime

6 annual accounts with figures on one time axis
peak €43,810 (2025)
€43,810▲ 168%
lowest -€16,996 (2022)
€27,151▲ 19×
peak €77,215 (2025)
€77,215▲ 51.7%
€26,168▼ 26.1%
Board1 name since 2020
Documentsfilings and deeds
01-07-202630 days before the deadline
2025micro format
Gross margin from €16,329 to €43,810Result from €1,460 to €27,151Dividend €833Equity from €50,897 to €77,215Debts from €35,417 to €26,168Cash from €40,872 to €70,906

Key points

from the 2025 annual accounts

Equity

€77,215 ▲ 51.7%
50,8972024+27,151Profit-833Dividend77,2152025

SECOND WIND paid out €833 in dividends. That is 3% of the 2025 profit.

Liquidity

3.45 was 2.02 in 2024

Short-term debts fell from €35,417 to €26,168.

Filings

6 annual accounts since 2020
AprilJune31 JulyOctober202020222024

The last five annual accounts were filed 28 to 32 days before the end of the period.

Checked score

97
Excellent
Financially stronger than 77% of micro companies in computer programming and consultancy (NACE 62)
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: 0.1% across 25,932 companies (NACE 62, micro).

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: < 0.1%● unchanged vs 05-2025highest value 07-2025: < 0.1%● unchanged 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 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value

Financial strength
Strong

100+16equity 74.7% of total assets
90+9short-term debt 25.3% · cash 68.6%
100+29return on assets 26.3%

Score breakdown

lowers risk
Liquidity: current ratio 3.45, cash €70,906
Sector: Computer programming, consultancy and related activities (NACE 62)
Size: total assets €103,384
Equity €77,215 (74.7% of total assets)
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 62, micro). It does better than 69% of them on solvency, 77% on liquidity, 82% on profitability and 80% on growth.

The bankruptcy probability was computed on 09-11-2026 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, 26,972 companies had the same profile as SECOND WIND has now. Each dot stands for 68 companies, two years later.

94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of SECOND WIND itself is lower: < 0.1% within 12 months. It rests on far more data about SECOND WIND 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.

The companies in ten equal groups, from the lowest to the 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% 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 26,972 companies, not a prediction for SECOND WIND. 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 €7,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 3.45 (2.02 in 2024), above the usual 1.5. Short-term debt is 25.3% and cash 68.6% of total assets. 25.3% 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

5 signals, none raises the risk
Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 3.45, cash €70,906
NBB · annual accounts
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Size: total assets €103,384
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 · Equity €77,215 (74.7% of total assets)
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 01-07-2026, 30 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
30 days early
2024
31 days early
2023
28 days early
2022
28 days early
2021
32 days early
2020
30 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 30 days before the deadline. In the sector (NACE 62), the median for financial year 2024 was 9 days before the deadline, and 33% 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 1 July (5 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
10-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

GM
Director, since 17-01-2020
  • GHESQUIERE Marceau Jean-Paul 100 sharesdeed of 21-01-2020
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0741728217
Incorporation Founding capital of €10,000, 100 shares · Founder: GHESQUIERE Marceau Jean-Paul · Appointment: GHESQUIERE Marceau Jean-Paul (director) · published on 21-01-2020 · Gazette deed
First establishment Rue Warichet 19, Nivelles
All 12 events

Comparable companies

same main activity, similar in size and age
Company
SECOND WIND Nivelles €103,384 €43,810 74.7% -
ZenRD Ottignies-Louvain-la-Neuve €108,001 €45,666 58.3% -
QBcle Chaumont-Gistoux €91,282 €38,405 36.9% -
Innovum Waasmunster €109,220 €41,537 80.5% -
KATOMA Berchem-Sainte-Agathe €106,285 €42,578 52.3% -
LAYERS TECH Ixelles €96,613 €47,163 47.2% -
ETYS IT consulting Uccle €115,876 €44,240 58.6% -

These companies have the same main activity as SECOND WIND: computer programming (NACE 62100). They are comparable in size and age: total assets between €91,300 and €116,000, founded between 2019 and 2020.

Official details

Source: KBO
Status
Active since 17-01-2020Normal situation
Activity
Computer programmingNACE 62100and 5 others
Establishment unit
2.298.381.2471401 Nivelles, since 17-01-2020
Financial year end
31 December
Peppol
Reachable since 19-09-2025
Company details

Annual accounts 2025

€43,810▲ 168%
≈ €140,000estimated
€27,151▲ 19×
€77,215▲ 51.7%
€103,384▲ 19.8%
Filing
Filed on 01-07-2026, 30 days before the end of the filing period
Financials

Insights on SECOND WIND

SECOND WIND files the micro format. That format states no turnover. The gross margin rose from €32,800 in 2020 to €43,810 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 01-07-2026, 30 days before the deadline
€43,810
▲ 168%
€36,532
▲ 421%
€27,151
▲ 19×
€64,117
▲ 76.9%
74.7%
▲ 15.7 percentage points
3.45
▲ 1.43

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €140,000. Estimated: probably between €110,000 and €190,000.

Balance sheet

balance sheet total €103,384 on 31-12-2025
What the company ownsHow it is paid for

in euro

in euro

Position in the sector

74.7%

Higher than 67% of 21,208 companies in 2025.

3.45

Higher than 63% of 20,571 companies in 2025.

26.3%

Higher than 62% of 20,746 companies in 2025.

SECOND WIND Middle half of the sector 80% of the sector Micro accounts in computer programming and consultancy (NACE 62)

Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020
Balance sheet: assets
20/58 103,38486,31484,09968,30693,46778,017
21/28 13,09814,65023,26821,47426,42619,000
22/27 13,09814,65023,26821,47426,42619,000
24 3,3124,79911,9627,3259,22710,090
25 ---3,7875,603-
26 9,7859,85011,30610,36211,5951,490
29/58 90,28671,66460,83146,83267,04259,016
40/41 15,97028,81015,27514,39915,30015,007
40 15,67016,06015,13314,39915,30014,562
41 30012,750142--444
54/58 70,90640,87233,15329,91948,50742,218
490/1 3,4091,98212,4022,5143,2351,792
Balance sheet: equity and liabilities
10/49 103,38486,31484,09968,30693,46778,017
10/15 77,21550,89749,43836,89953,89530,465
10/11 10,00010,00010,00010,00010,00010,000
13 67,21543,89543,89543,89543,89520,465
133 67,21543,89543,89543,89543,89520,465
14 --2,998-4,457-16,996--
17/49 26,16835,41734,66131,40739,57247,552
17 ----3633,309
170/4 ----3633,309
42/48 26,16835,41734,66131,40739,20944,243
42 ---3633,0572,902
43 -2,025--101,373
430/8 -2,025--101,373
44 1,94112,08010,1601,0361,8488,443
440/4 1,94112,08010,1601,0361,8488,443
45 22,04313,57615,80729,99933,96931,524
450/3 22,04313,57615,80729,99933,96927,524
454/9 -----4,000
47/48 2,1857,7368,6948325-
Income statement
9900 43,81016,32922,049-10,46543,44332,800
630 6,5298,6186,6425,4953,9042,690
640/8 750697726630535696
66A ----5,177-
9901 36,5327,01414,680-16,59033,82729,415
75/76B 9-01022
75 9-01022
65/66B 93276267171188109
65 93276267171188109
9903 36,4486,73714,413-16,76033,63929,328
67/77 9,2975,2771,87423610,2098,863
9904 27,1511,46012,538-16,99623,43020,465
9905 27,1511,46012,538-16,99623,43020,465
Appropriation of the result
9906 24,153-2,998-4,457-16,99623,43020,465
14P -2,998-4,457-16,996---
691/2 23,320---23,43020,465
6921 23,320---23,43020,465
694/7 833-----
694 833-----
Document PDFPDFPDFPDFPDFPDF

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 01-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 01-07-2026 2026-00231662 PDF
31-12-2024 micro format 30-06-2025 2025-00196870 PDF
31-12-2023 micro format 03-07-2024 2024-00217321 PDF
31-12-2022 micro format 03-07-2023 2023-00207676 PDF
31-12-2021 micro format 29-06-2022 2022-20105539 PDF
31-12-2020 micro format 01-07-2021 2021-29500223 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020
43,06115,63221,322-11,09637,73032,104
33,68010,07819,181-11,50127,33423,154
4,977012,22354316,50621,690
30,0347,7193,234-18,5886,289-
64,11736,24826,17015,42527,83314,774
74.7%59.0%58.8%54.0%57.7%39.0%
3.452.021.761.491.711.33
0.340.700.700.850.731.56
35.2%2.9%25.4%-46.1%43.5%67.2%
26.3%1.7%14.9%-24.9%25.1%26.2%
over 10056.5479.81-64.96over 100-

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€4,977-€12,223€543€16,506
€6,529€8,618€6,642€5,495€3,904

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Insights on SECOND WIND

The operating result for 2025 is 5.2 times that of 2024 and the highest since 2020. It is a recovery after the fall in 2024.

Debt's share of the balance-sheet total falls from 41.0% to 25.3%. Equity is higher and debt is lower.

Board & ownership

Board

1 director, since incorporation
Director (not named in the articles)
since 17-01-2020 term without a fixed end
listed in the 2025 annual accounts, filed on 01-07-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
GHESQUIERE Marceau Jean-Paul
Director (not named in the articles)
Board
Mandates as a list
  • GHESQUIERE Marceau Jean-Paul
    • Director (not named in the articles), from 17-01-2020 to date

See the board, name and registered office on a given date →

Control

This company
SECOND WIND
Equity €77,215
Profit €27,151 in 2025

Capital

Contribution
€10,000
Shares
100
Contribution per share
€100
Equity per share
€772 in 2025
Source
deed of 21-01-2020

Articles of association

deed of 21-01-2020 (in French)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 18:00

Shareholders

At incorporation deed of 21-01-2020 ↗

Network & group

No group

SECOND WIND has no parent and no holdings in its annual accounts. GHESQUIERE Marceau Jean-Paul is the only director. SECOND WIND shares no director with another company.

Timeline

Timeline

12 events since 2020

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 30 days before the deadline
2025
Highest result from 2020 to 2025 net €27,151 ▲1,760% The operating result of €36,532 and the net result of €27,151 are both a record.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0741728217
Annual accounts 2024 filed PDFmicro format · 31 days before the deadline
2024
Annual accounts 2023 filed PDFmicro format · 28 days before the deadline
2023
Back to profit net €12,538 The net result is €12,538, after one loss-making year.
Annual accounts 2022 filed PDFmicro format · 28 days before the deadline
2022
Weakest financial year net -€16,996 The net result drops to -€16,996, the lowest from 2020 to 2025. It recovers the following year.
Annual accounts 2021 filed PDFmicro format · 32 days before the deadline
2021
Annual accounts 2020 filed PDFmicro format · 30 days before the deadline
2020
IncorporationFounding capital of €10,000, 100 shares · Founder: GHESQUIERE Marceau Jean-Paul · Appointment: GHESQUIERE Marceau Jean-Paul (director) · published on 21-01-20206 points ▸

Open the deed in the Belgian Official Gazette

First establishment Rue Warichet 19, Nivelles

Financial milestones sit on the financial year-end date, not the filing date.

Sources: Publications in the Belgian Official GazetteFilings with the National Bank

History

SECOND WIND was incorporated on 17 January 2020 as a private limited company by one natural person, with a starting capital of €10,000.12 Since 2020, GHESQUIERE Marceau Jean-Paul has served as director.3 Total assets rose from €78,017 in 2020 to €103,384 in 2025.4

  1. 1KBO register
  2. 2Belgian Official Gazette, 21-01-2020
  3. 3National Bank, annual accounts 2025
  4. 4National Bank, annual accounts 2020 and 2025

Company details

Identity

Enterprise number
0741.728.217
VAT number
BE 0741.728.217
Peppol ID
0208:0741728217
Legal form
Private limited company
Status
Active, normal situation
Founded
17-01-2020
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Friday of June at 18:00
deed of 21-01-2020 (in French)
Peppol
Reachable since 19-09-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
SECOND WIND in French
Abbreviation
SW in French
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 21-01-2020 (in French)

Activities

NACEBEL 2025
62100 Computer programming main activity
Codes under NACEBEL 2008
62010 Computer programming, consultancy and related activities main activity
63110 Computing infrastructure, data processing, hosting and other information service activities
70220 Business consulting
73110 Advertising, market research and public relations activities
82110 Office administrative, office support and other business support activities
90032 Arts creation and performing arts activities
PurposeThe purpose describes the activities the company may carry out under its articles.
“La consultance et/ou la prestation de services dans les domaines de la gestion, de l'administration, de la restructuration, du…”
14 activities
  1. La consultance et/ou la prestation de services dans les domaines de la gestion, de l'administration, de la restructuration, du développement, de la reconversion et du management d'entreprises, dans le cadre d'une activité de développement et de commercialisation de logiciels de tous types et/ou de tous concepts de gestion et de management d'entreprises en général
  2. La consultance, la prestation de services, la formation et l'expertise dans les domaines de la conception et la mise au point de modèles numériques, algorithmes et logiciels de tous types
  3. D'effectuer des études, de programmer et de mettre en route des systèmes d'organisation, de vente, de publicité, de marketing, de mettre en application des systèmes pour traiter des données et toutes techniques en rapport avec la gestion technique, administrative, économique et générale d'entreprises
  4. De concevoir, d'étudier, de promouvoir et de réaliser tous projets informatiques, bureautiques et tout ce qui s'y rapporte
  5. Tous travaux de secrétariat en général
  6. Tous travaux d'encodage et de traitement de l'information et/ou de données informatiques
  7. La réalisation d'études, sur base des domaines précités, et en particulier, la réalisation de simulations et analyses numériques ainsi que l'étude de l'optimisation de procédés et/ou procédures
  8. De dispenser des avis financiers, techniques, commerciaux ou administratifs dans le sens le plus large du terme; à l'exception des conseils de placement d'argent et autres, fournir son assistance et exécuter des services directement ou indirectement sur le plan de l'administration et des finances, de la vente, de la production et de la gestion en général; fournir toutes prestations de service et exécuter tous mandats sous forme d'études d'organisations, d'expertises, d'actes et de conseils techniques ou autres dans tout domaine rentrant dans son objet social
  9. La recherche, la conception, le développement, l'engineering, la production, le commerce, la diffusion, le marketing, l'amélioration et la réalisation de tous matériels et concepts dans les domaines de la modélisation, de l'informatique et de la programmation, pour tout particulier, toute industrie ou administration publique ou privée
  10. L'acceptation et l'exercice de mandats relatifs à l'administration, à la gestion, à la direction, au contrôle et à la liquidation de toutes sociétés, entreprises ou associations
  11. La stimulation, la promotion, la coordination et l'organisation d'événements artistiques et culturels, de projets et expositions au sens large et plus en général, toutes les activités qui sont directement ou indirectement liées aux projets artistiques ou culturels
  12. L'organisation d'évènements, conférences, réunions en tout genre dans le domaine artistique
  13. Tout ce qui concerne la création, la conception, la production, l'organisation et la promotion, en ce compris le plan média, de spectacles, concerts, rencontres, salons thématiques, évènements, manifestations familiales, musicales ou visuelles, culturelles, sociales, du type arts de la scène ou art de la rue ou de tout autre type
  14. Le management d'artistes
deed of 21-01-2020 (in French)

Registered office and establishments

1 establishment
Establishment Since Unit number
Rue Warichet 19 registered office 1401 Nivelles 17-01-2020 2.298.381.247

Buildings and parcels at the address

Ground area
215 m²
Buildings
52 m²
Volume, LiDAR
381 m³
Tallest building
8.0 m
Buildings to scale, each on its own parcel
52 m², 8.0 m 52 m², 8.0 m

Location

registered office establishment The establishment unit on the map

Parcels

Cadastral parcelArea Buildings Height / floors
25004E0025/00D000215 m² 1 · 52 m² 8.0 m · 2