Wind
ActiveSummary
Wind has been active since 1954 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.5m and a net result of -€107,395. Equity has been growing by about 9.7% per year since 2019. Its solvency ranks better than 93% of 9,845 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 19-07-1954 Normal situation
- Activity
- Wholesale of household textiles and bedding NACE 46412and 1 other
- Joint committees
- 200 Aanvullend Paritair Comité voor de bedienden
- 100 Aanvullend Paritair Comité voor de werklieden · annual accounts 30-06-2025
- Establishment unit
- 2.360.459.069 8710 Wielsbeke, since 14-06-2024
- Financial year end
- 30 June
- Peppol
- Reachable since 20-11-2020
Board and ownership
- De Zutter PascalManaging director
- Gérald De ZutterManaging director
- Yann De ZutterManaging director
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
- Gross margin
- €896,160
- ▼ 17.6%
- Turnover
- ≈ €4.5m
- estimated
- Loss
- €107,395
- Equity
- €4.5m
- ▼ 2.3%
- Total assets
- €5.0m
- ▼ 4.5%
- Employees on 30-06-2025
- 19
- ▲ 5.6%
Score breakdownraises riskLoss of €107,395 (financial year 2025)lowers riskFounded in 1954Equity €4.5m (91.2% of total assets)Legal form: public limited companyShow the evidence
Checked score
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 46, small). It does better than 92% of them on solvency, 76% on liquidity, 10% on profitability and 26% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
Credit check for an amount and term of your choice
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 38 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 19-12-2025 PDF all 48 filings
Amounts without an identifiable currency are taken as euros.
Every figure per financial year
The operating result for 2025 is a loss of €162,639, after a profit of €85,695 in 2024. It is the lowest result since 2021.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 17 | 17 | 18 | 19 |
| full-time | 15 | 15 | 17 | 18 |
| part-time | 2 | 2 | 1 | 1 |
| in full-time equivalents | 16.6 | 16.6 | 17.8 | 18.8 |
| Average over the year, in full-time equivalents | 16.6 | 16.7 | 17.8 | 18.3 |
| On a permanent contract | 17 | 17 | 18 | 19 |
| Joined | 0 | 1 | 3 | 2 |
| Left | 1 | 1 | 2 | 1 |
| Training hours | - | 75 | - | - |
Source: social balance sheet in the 2022 to 2025 annual accounts
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €66,948 | €6,659 | €455,789 | €41,639 |
| Intangible fixed assets | - | €76,778 | €14,462 | - |
| Financial fixed assets | - | €200 | - | - |
| Depreciation and write-downs of the year | €58,595 | €71,591 | €88,294 | €132,930 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2023 to 2025 · 6 entries · €104,688 awarded · €104,688 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 2 | €10,320 | €10,968 |
| 2024 | 2 | €9,964 | €9,316 |
| 2023 | 2 | €84,404 | €84,404 |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0 | - | €0.01m | €0.02m | ▲ 50.9% |
| Remuneration, social security and pensions62 | - | - | - | €0.7m | €0.8m | €0.9m | €0.9m | ▲ 1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.03m | €0.04m | €0.04m | €0.06m | €0.07m | €0.09m | €0.1m | ▲ 50.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €0.002m | €0 | - | - |
| Other operating charges640/8 | - | - | - | €0.02m | €0.03m | €0.04m | €0.03m | ▼ 10.3% |
| Gross operating margin9900 | €1.0m | €0.9m | €1.5m | €1.7m | €1.6m | €1.1m | €0.9m | ▼ 17.6% |
| Operating profit (loss)9901 | €0.2m | €0.2m | €0.7m | €0.9m | €0.7m | €0.09m | -€0.2m | - |
| Financial income75/76B | - | - | - | €0.06m | €0.3m | €0.2m | €0.2m | ▼ 4.2% |
| Recurring financial income75 | €0.08m | €0.09m | €0.05m | €0.06m | €0.3m | €0.2m | €0.2m | ▼ 4.2% |
| Financial charges65/66B | - | - | - | €0.05m | €0.06m | €0.05m | €0.08m | ▲ 58.5% |
| Recurring financial charges65 | €0.05m | €0.05m | €0.06m | €0.05m | €0.06m | €0.05m | €0.08m | ▲ 58.5% |
| Profit (loss) for the period before taxes9903 | €0.2m | €0.2m | €0.7m | €0.9m | €0.9m | €0.2m | -€0.09m | - |
| Income taxes67/77 | €0.06m | €0.08m | €0.2m | €0.3m | €0.3m | €0.08m | €0.02m | ▼ 79.9% |
| Profit (loss) for the period9904 | €0.2m | €0.2m | €0.5m | €0.6m | €0.6m | €0.1m | -€0.1m | - |
| Profit (loss) for the period to be appropriated9905 | €0.2m | €0.2m | €0.5m | €0.6m | €0.6m | €0.1m | -€0.1m | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €3.2m | €3.2m | €3.9m | €4.6m | €5.0m | €5.2m | €5.0m | ▼ 4.5% |
| Formation expenses20 | €0 | - | - | - | - | - | - | - |
| Fixed assets21/28 | €0.1m | €0.1m | €0.2m | €0.2m | €0.2m | €0.6m | €0.5m | ▼ 13.7% |
| Intangible fixed assets21 | €0.001m | €0 | - | - | €0.07m | €0.07m | €0.05m | ▼ 25.0% |
| Tangible fixed assets22/27 | €0.1m | €0.1m | €0.2m | €0.2m | €0.1m | €0.5m | €0.4m | ▼ 12.1% |
| Plant, machinery and equipment23 | - | - | - | €0.04m | €0.03m | €0.09m | €0.09m | ▼ 7.9% |
| Furniture and vehicles24 | - | - | - | €0.1m | €0.07m | €0.2m | €0.2m | ▼ 18.0% |
| Other tangible fixed assets26 | - | - | - | - | €0.001m | €0.2m | €0.2m | ▼ 6.3% |
| Financial fixed assets28 | €0.02m | €0.03m | €0.002m | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Current assets29/58 | €3.1m | €3.1m | €3.7m | €4.4m | €4.8m | €4.6m | €4.5m | ▼ 3.4% |
| Amounts receivable after more than one year29 | - | - | - | - | €2.0m | €2.0m | €1.9m | ▼ 4.8% |
| Trade receivables290 | - | - | - | - | €2.0m | €2.0m | €1.9m | ▼ 4.8% |
| Stocks and contracts in progress3 | €1.2m | €1.2m | €1.2m | €1.4m | €1.6m | €1.5m | €1.5m | ▲ 2.7% |
| Stocks30/36 | - | - | - | €1.4m | €1.6m | €1.5m | €1.5m | ▲ 2.7% |
| Amounts receivable within one year40/41 | €0.6m | €0.5m | €0.5m | €0.5m | €0.5m | €0.7m | €0.5m | ▼ 26.1% |
| Trade receivables40 | - | - | - | €0.5m | €0.4m | €0.5m | €0.3m | ▼ 29.5% |
| Other amounts receivable41 | - | - | - | €0.02m | €0.04m | €0.2m | €0.1m | ▼ 15.8% |
| Current investments50/53 | €0.2m | €0.2m | €0.2m | €0.2m | €0.1m | €0.2m | €0.2m | ▲ 25.0% |
| Cash at bank and in hand54/58 | €1.1m | €1.2m | €1.8m | €2.3m | €0.7m | €0.3m | €0.3m | ▲ 8.5% |
| Deferred charges and accrued income490/1 | - | - | - | €0.007m | €0.01m | €0.02m | €0.03m | ▲ 35.3% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €3.2m | €3.2m | €3.9m | €4.6m | €5.0m | €5.2m | €5.0m | ▼ 4.5% |
| Equity10/15 | €2.7m | €2.9m | €3.4m | €3.9m | €4.5m | €4.6m | €4.5m | ▼ 2.3% |
| Contributions10/11 | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | €0.08m | = |
| Capital10 | - | - | - | €0.08m | €0.08m | €0.08m | €0.08m | = |
| Issued capital100 | - | - | - | €0.08m | €0.08m | €0.08m | €0.08m | = |
| Reserves13 | €2.6m | €2.8m | €3.3m | €3.9m | €4.4m | €4.6m | €4.4m | ▼ 2.4% |
| Non-distributable reserves130/1 | - | - | - | €0.008m | €0.008m | €0.008m | €0.008m | = |
| Legal reserve130 | - | - | - | €0.008m | €0.008m | €0.008m | €0.008m | = |
| Tax-exempt reserves132 | - | - | - | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Distributable reserves133 | - | - | - | €3.8m | €4.4m | €4.5m | €4.4m | ▼ 2.4% |
| Profit (loss) carried forward14 | €0 | - | - | €0 | €0 | €0 | - | - |
| Amounts payable17/49 | €0.5m | €0.4m | €0.5m | €0.6m | €0.5m | €0.6m | €0.4m | ▼ 22.5% |
| Amounts payable within one year42/48 | €0.5m | €0.3m | €0.4m | €0.4m | €0.5m | €0.5m | €0.4m | ▼ 24.7% |
| Financial debts43 | - | - | - | - | - | - | €124 | - |
| Credit institutions430/8 | - | - | - | - | - | - | €124 | - |
| Trade debts44 | €0.2m | €0.2m | €0.3m | €0.2m | €0.2m | €0.4m | €0.3m | ▼ 35.4% |
| Suppliers440/4 | - | - | - | €0.2m | €0.2m | €0.4m | €0.3m | ▼ 35.4% |
| Taxes, remuneration and social security45 | - | - | - | €0.2m | €0.2m | €0.1m | €0.1m | ▲ 23.4% |
| Taxes450/3 | - | - | - | €0.1m | €0.1m | €0.02m | €0.04m | ▲ 118% |
| Remuneration and social security454/9 | - | - | - | €0.08m | €0.1m | €0.08m | €0.08m | ▲ 0.7% |
| Other amounts payable47/48 | - | - | - | €0.06m | €0.06m | €0 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €0.2m | €0.03m | €0.03m | €0.04m | ▲ 17.6% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.2m | €0.2m | €0.5m | €0.6m | €0.6m | €0.1m | -€0.1m | - |
| + Depreciation and write-downs630 | €0.03m | €0.04m | €0.04m | €0.06m | €0.07m | €0.09m | €0.1m | ▲ 50.6% |
| Operating cash flow (approximation) | €0.2m | €0.2m | €0.6m | €0.7m | €0.7m | €0.2m | €0.03m | ▼ 87.3% |
| Investment in fixed assets (approximation) | - | -€0.06m | -€0.07m | -€0.07m | -€0.08m | -€0.5m | -€0.06m | ▲ 87.7% |
| Change in cash | - | €0.2m | €0.6m | €0.5m | -€1.6m | -€0.4m | €0.02m | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 8,617 companies had the same profile as Wind has now. Two years later, 94.1% were still going and 0.4% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Wind itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 8,617 companies, not a prediction for 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.
Latest 10 of 48 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | abbreviated format | 19-12-2025 | 2025-00587972 | |
| 30-06-2024 | abbreviated format | 16-12-2024 | 2024-00617288 | |
| 30-06-2023 | abbreviated format | 20-12-2023 | 2023-00535806 | |
| 30-06-2022 | abbreviated format | 15-12-2022 | 2022-20539072 | |
| 30-06-2021 | abbreviated format | 31-12-2021 | 2021-82400030 | |
| 30-06-2020 | abbreviated format | 07-01-2021 | 2021-00800085 | |
| 30-06-2019 | abbreviated format | 30-12-2019 | 2019-77900460 | |
| 30-06-2018 | abbreviated format | 17-12-2018 | 2018-75400203 | |
| 30-06-2017 | abbreviated format | 20-12-2017 | 2017-72400136 | |
| 30-06-2016 | abbreviated format | 20-12-2016 | 2016-70600318 |
Board & ownership
Directors
Board 4
Day-to-day management 3
Owners and capital
Capital transactions
- 19-02-2024 Capital stated in the deed · €75,000 · 62 shares
Mandate history
- Board
- Day-to-day management
- began earlier
| Name | Functions and periods |
|---|---|
| De Zutter Pascal |
|
| Gérald De Zutter |
|
| Yann De Zutter |
|
| Anne SIERENS |
|
Articles of association
- Board ruleThese rules set how the board is made up, meets and takes decisions.
- “Raad van bestuur, 3”
Articles of association, deed of 19-02-2024 (in Dutch)
Network & group
Board mandates elsewhere
1 board mandateCompanies at the same address
1 other companyConnections & network
4 current directorsThe board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Timeline
Acts, filings and financial milestones
24-04
Gazette deed
Appointment: Anne SIERENS (director)2 points ▸
- General meeting, 27-03-2025
- Director appointment, Anne SIERENS (director)
08-07
Gazette deed
Registered office moved from Waregem to Wielsbeke2 points ▸
- Board meeting, 15-06-2024
- Registered-office move, Spoorstraat 13,8710 Wielsbeke
19-02
Gazette deed
Appointments: De Zutter Pascal, Yann De Zutter and Gérald De ZutterAmendment of the articles · Kind of shares · Capital14 points ▸
- General meeting, 21-12-2023
- Amendment of the articles, mentioned 2 times in the deed
- Other provision, “kennisname verslag bestuursorgaan over uitgifte twee soorten aandelen, artikel 7:155 WVV” (deed in Dutch)
- Other provision, “geen financiële of boekhoudkundige gegevens ten grondslag aan verslag bestuursorgaan, geen financiële of boekhoudkundige gegevens en geen revisorverslag vereist” (deed in Dutch)
- Kind of shares, 2, “creatie” (deed in Dutch)
- Capital, €75,000
- Power of attorney
- Power of attorney, Jean-Charles De Witte
- Board meeting, “onmiddellijk na de algemene vergadering, raad van bestuur” (deed in Dutch)
- Board composition, Yann De Zutter (class A director)
- Board composition, Gérald De Zutter (class B director)
- Director appointment, De Zutter Pascal (managing director)
- The act holds 2 more points.
05-01
Gazette deed
Reappointments: Pascal DE ZUTTER, Gérald DE ZUTTER and Yann DE ZUTTER4 points ▸
- General meeting, 06-12-2022
- Director reappointment, Pascal DE ZUTTER (director)
- Director reappointment, Gérald DE ZUTTER (director)
- Director reappointment, Yann DE ZUTTER (director)
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Vandewoestijnelaan 11, 8790 Waregem until 15-06-2024 · act of 08-07-2024
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 37017C0452/00A000 | Flanders | 2,970 m² | 1 · 1,701 m² | 9.3 m |