WASE WIND
ActiveWASE WIND has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.18M and a net result of €143k. Equity remains stable across the filed fiscal years (±1.7% per year). Its solvency ranks better than 77% of 276 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74=
Solvency93▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €170k at 30 days acceptable
Liquidity ample (current ratio 3.59 against 2.52 in 2024; short-term debt: 27.8% and cash: 4.6% of total assets), and 32.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 35
Relative position
BE, all sectors
reference
Sector 35
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
67.7%
Return on assets
4.4%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 17-09-2025, 44 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
44 d early
2024
23 d early
2023
22 d early
2022
51 d early
2021
25 d early
2020
33 d early
2019
21 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close17-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€2.18M▲ 2.3%
2024 · €2.13M
2019: €1.96M
2020: €2.01M
2021: €2.01M
2022: €2.03M
2023: €2.02M
2024: €2.13M
2019 → 2025
Total assets
€3.22M▼ 11.1%
2024 · €3.62M
2019: €3.72M
2020: €2.84M
2021: €2.83M
2022: €3.62M
2023: €4.68M
2024: €3.62M
2019 → 2025
Net result
€143k▼ 13.4%
2024 · €165k
2019: €124k
2020: €126k
2021: €68k
2022: €93k
2023: €45k
2024: €165k
2019 → 2025
Working capital
€2.32M▲ 6.4%
2024 · €2.18M
2019: €1.95M
2020: €2.01M
2021: €2.01M
2022: €2.03M
2023: €2.02M
2024: €2.18M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.01M-€2.03M▲ 1.2%€2.02M▼ 0.4%€2.13M▲ 5.3%€2.18M▲ 2.3%
Operating result€-85k-€-54k▲ 36.5%€-101k▼ 85.7%€50k€40k▼ 18.8%
Net result€68k-€93k▲ 35.8%€45k▼ 51.7%€165k▲ 268%€143k▼ 13.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 19% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.22M
Fixed assets
€4k▼ 16.2%
Current assets
€3.21M▼ 11.0%
Equity and liabilities €3.22M
Equity
€2.18M▲ 2.3%
Provisions
€144k▲ 166%
Debt
€895k▼ 37.6%
The debt ratio falls from 39.6% to 27.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€41k▼
2024 · €51k
Cash flow
€144k▼
2024 · €166k
Solvency
67.7%▲
2024 · 58.9%
Current ratio
3.59▲
2024 · 2.52
Quick ratio
3.59▲
2024 · 2.52
Debt / equity
0.41▼
2024 · 0.67
ROE
6.6%▼
2024 · 7.7%
ROA
4.4%▼
2024 · 4.6%
Interest coverage
117.74▼
2024 · 283.86
Debt
€895k▼
2024 · €1.43M
Debt ≤ 1 year
€895k▼
2024 · €1.43M
Income taxes
€48k▲
2024 · €38k
Staff costs
€236k▲
2024 · €222k
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€3.62M€3.22M▼
Fixed assets21/28€5k€4k▼
Tangible fixed assets22/27€2k€1k▼
Plant, machinery and equipment23€2k€1k▼
Financial fixed assets28€3k€3k=
Current assets29/58€3.61M€3.21M▼
Amounts receivable after more than one year29€2.08M€2.08M=
Other amounts receivable291€2.08M€2.08M=
Amounts receivable within one year40/41€1.26M€945k▼
Trade receivables40€997k€687k▼
Other amounts receivable41€263k€258k▼
Cash at bank and in hand54/58€277k€149k▼
Deferred charges and accrued income490/1-€45k
Equity and liabilities
Total equity and liabilities10/49€3.62M€3.22M▼
Equity10/15€2.13M€2.18M▲
Contributions10/11€1.86M€1.87M▲
Reserves13€54k€54k=
Non-distributable reserves130/1€54k€54k=
Reserves not available under the articles1311€54k€54k=
Profit (loss) carried forward14€221k€251k▲
Provisions and deferred taxes16€54k€144k▲
Provisions for liabilities and charges160/5€54k€144k▲
Pensions and similar obligations160€4k€4k▲
Other liabilities and charges164/5€50k€140k▲
Amounts payable17/49€1.43M€895k▼
Amounts payable within one year42/48€1.43M€895k▼
Trade debts44€1.26M€727k▼
Suppliers440/4€1.26M€727k▼
Taxes, remuneration and social security45€63k€49k▼
Taxes450/3€27k€13k▼
Remuneration and social security454/9€36k€36k▼
Other amounts payable47/48€113k€119k▲
Income statement
Code20242025
Remuneration, social security and pensions62€222k€236k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€859▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€10k€11k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€52k€92k▲
Other operating charges640/8€1k€276▼
Gross operating margin9900€337k€380k▲
Operating profit (loss)9901€50k€40k▼
Financial income75/76B€153k€151k▼
Recurring financial income75€153k€151k▼
Financial charges65/66B€181€477▲
Recurring financial charges65€181€351▲
Non-recurring financial charges66B-€126
Profit (loss) for the period before taxes9903€203k€191k▼
Income taxes67/77€38k€48k▲
Profit (loss) for the period9904€165k€143k▼
Profit (loss) for the period to be appropriated9905€165k€143k▼
Appropriation of the result
Profit (loss) to be appropriated9906€332k€364k▲
Profit (loss) brought forward from the previous period14P€168k€221k▲
Profit to be distributed694/7€112k€113k▲
Return on contributions (dividend)694€112k€113k▲
Social balance
Average headcount (FTE)90872.82.9▲
The notes to these accounts (9 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
2025
17-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Highest result since 2019net €165k ▲268%
Operating result €50k, net result €165k, both a record.
2023
09-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial
Weakest financial yearnet €45k ▼51.7%
Net result drops to €45k, the lowest in the series; recovery starts the following year.
2022
10-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
06-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial
Equity above €2MEq €2.01M ▲2.6%
2 profitable years in a row build equity to €2.01M.
2019
10-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
16-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
18-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
14-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Sint-Gillis-Waas · 1 establishment unit since 2002
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.
Samelstraat(SGW) 21A9170 Sint-Gillis-WaasGround area
3,264 m²
Building footprint
220 m²
Volume, LiDAR
1,459 m³
Parcel 46020E0333/00F000, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Samelstraat(SGW) 21 A, 9170 Sint-Gillis-Waas
since 20022.100.553.113
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46020E0333/00F000 | Flanders | 3,264 m² | 1 · 220 m² | 10.4 m · 2 fl. |
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 562 companies in sector 35150 we hold annual accounts for 230. 109 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formCooperative company
Founded03-12-2001
Fiscal year end31-03
Activities, NACEBEL
35150Electricity, gas, steam and air conditioning supply
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.