WIND CODE
ActiveSummary
WIND CODE has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €96,623 and a net result of €46,269. Equity is growing by ~43.2% per year across the filed fiscal years. Its solvency ranks better than 45% of 37965 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100=
Solvency78▼-4
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days acceptable
Liquidity ample (current ratio 1.78 against 1.94 in 2023; short-term debt: 46.6% and cash: 30.4% of total assets), and 46.6% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 09-07-2025, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
22 d early
2023
30 d early
2022
119 d late
2021
114 d late
2020
31 d late
2019
20 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 39 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€96,623▼ 12.4%
2023 · €110,354
Total assets
€181,003▼ 6.5%
2023 · €193,593
Net result
€46,269▼ 8.3%
2023 · €50,446
Working capital
€65,691▼ 16.0%
2023 · €78,242
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€69,583▲ 59.1%€85,833▲ 23.4%€92,796▲ 8.1%€69,581▼ 25.0%€66,526▼ 4.4%
Net result€45,519within the sector's middle half▲ 69.6%€61,818above the sector's middle half▲ 35.8%€53,292within the sector's middle half▼ 13.8%€50,446within the sector's middle half▼ 5.3%€46,269within the sector's middle half▼ 8.3%
Equity€22,967below the sector's middle half▲ 168%€31,616within the sector's middle half▲ 37.7%€84,907within the sector's middle half▲ 169%€110,354within the sector's middle half▲ 30.0%€96,623within the sector's middle half▼ 12.4%
Total assets€108,373within the sector's middle half▲ 66.7%€111,325within the sector's middle half▲ 2.7%€147,417within the sector's middle half▲ 32.4%€193,593within the sector's middle half▲ 31.3%€181,003within the sector's middle half▼ 6.5%
Debt€85,406▲ 51.3%€79,709▼ 6.7%€62,510▼ 21.6%€83,239▲ 33.2%€84,380▲ 1.4%
Working capital€49,305within the sector's middle half▲ 132%€47,714within the sector's middle half▼ 3.2%€58,496within the sector's middle half▲ 22.6%€78,242within the sector's middle half▲ 33.8%€65,691within the sector's middle half▼ 16.0%
Solvency21.2%below the sector's middle half▲ 8.0pp28.4%within the sector's middle half▲ 7.2pp57.6%within the sector's middle half▲ 29.2pp57.0%within the sector's middle half▼ 0.6pp53.4%within the sector's middle half▼ 3.6pp
Current ratio2.09within the sector's middle half▲ 0.411.99within the sector's middle half▼ 0.091.94within the sector's middle half▼ 0.061.94within the sector's middle half=1.78within the sector's middle half▼ 0.16
Return on assets (ROA)42.0%above the sector's middle half▲ 0.7pp55.5%above the sector's middle half▲ 13.5pp36.2%above the sector's middle half▼ 19.4pp26.1%within the sector's middle half▼ 10.1pp25.6%within the sector's middle half▼ 0.5pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 4% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €181,003
Fixed assets
€30,932 ▼ 3.7%
Current assets
€150,071 ▼ 7.1%
Equity and liabilities €181,003
Equity
€96,623 ▼ 12.4%
Debt
€84,380 ▲ 1.4%
Debt's share of the balance-sheet total rises from 43.0% to 46.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€73,445▼
2023 · €82,144
Cash flow
€53,189▼
2023 · €63,009
Debt to equity
0.87▲
2023 · 0.75
ROE
47.9%▲
2023 · 45.7%
Interest coverage
427.83▼
2023 · 509.71
Debt ≤ 1 year
€84,380▲
2023 · €83,239
Income taxes
€21,827▲
2023 · €20,537
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,805 | €3,283 | €10,419 | €12,563 | €6,919 | ▼ 44.9% |
| Other operating charges640/8 | - | €3,187 | €1,629 | €1,406 | €1,505 | ▲ 7.0% |
| Gross operating margin9900 | €75,578 | €92,303 | €104,844 | €83,551 | €74,950 | ▼ 10.3% |
| Operating profit (loss)9901 | €69,583 | €85,833 | €92,796 | €69,581 | €66,526 | ▼ 4.4% |
| Financial income75/76B | - | - | €729 | €1,563 | €1,742 | ▲ 11.5% |
| Recurring financial income75 | - | - | €729 | €1,563 | €1,742 | ▲ 11.5% |
| Financial charges65/66B | - | €1,856 | €880 | €161 | €172 | ▲ 6.5% |
| Recurring financial charges65 | €2,618 | €1,856 | €880 | €161 | €172 | ▲ 6.5% |
| Profit (loss) for the period before taxes9903 | €66,965 | €83,977 | €92,644 | €70,983 | €68,096 | ▼ 4.1% |
| Income taxes67/77 | €21,446 | €22,159 | €39,353 | €20,537 | €21,827 | ▲ 6.3% |
| Profit (loss) for the period9904 | €45,519 | €61,818 | €53,292 | €50,446 | €46,269 | ▼ 8.3% |
| Profit (loss) for the period to be appropriated9905 | €45,519 | €61,818 | €53,292 | €50,446 | €46,269 | ▼ 8.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €108,373 | €111,325 | €147,417 | €193,593 | €181,003 | ▼ 6.5% |
| Fixed assets21/28 | €13,662 | €15,502 | €26,411 | €32,112 | €30,932 | ▼ 3.7% |
| Tangible fixed assets22/27 | €10,662 | €12,502 | €23,411 | €16,512 | €12,542 | ▼ 24.0% |
| Land and buildings22 | - | €5,468 | €8,260 | €6,826 | €5,393 | ▼ 21.0% |
| Plant, machinery and equipment23 | - | - | - | €5,295 | €6,170 | ▲ 16.5% |
| Furniture and vehicles24 | - | €7,034 | €15,152 | €4,390 | €980 | ▼ 77.7% |
| Financial fixed assets28 | €3,000 | €3,000 | €3,000 | €15,600 | €18,389 | ▲ 17.9% |
| Current assets29/58 | €94,711 | €95,823 | €121,005 | €161,481 | €150,071 | ▼ 7.1% |
| Amounts receivable after more than one year29 | - | - | €38,028 | €39,116 | €40,235 | ▲ 2.9% |
| Other amounts receivable291 | - | - | €38,028 | €39,116 | €40,235 | ▲ 2.9% |
| Amounts receivable within one year40/41 | €6,264 | €3,857 | €1,340 | €21,642 | €49,894 | ▲ 131% |
| Trade receivables40 | - | €2,517 | - | €3,025 | €8,690 | ▲ 187% |
| Other amounts receivable41 | - | €1,340 | €1,340 | €18,617 | €41,204 | ▲ 121% |
| Cash at bank and in hand54/58 | €88,447 | €91,966 | €79,894 | €95,928 | €55,047 | ▼ 42.6% |
| Deferred charges and accrued income490/1 | - | - | €1,743 | €4,795 | €4,895 | ▲ 2.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €108,373 | €111,325 | €147,417 | €193,593 | €181,003 | ▼ 6.5% |
| Equity10/15 | €22,967 | €31,616 | €84,907 | €110,354 | €96,623 | ▼ 12.4% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | €6,200 | - | - | - | - |
| Issued capital100 | - | €18,600 | - | - | - | - |
| Uncalled capital101 | - | €12,400 | - | - | - | - |
| Reserves13 | €1,860 | €1,860 | €53,860 | €53,860 | €53,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | - | - |
| Legal reserve130 | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | - | - |
| Distributable reserves133 | - | - | €52,000 | €52,000 | €53,860 | ▲ 3.6% |
| Profit (loss) carried forward14 | €14,907 | €23,556 | €24,847 | €50,294 | €36,563 | ▼ 27.3% |
| Amounts payable17/49 | €85,406 | €79,709 | €62,510 | €83,239 | €84,380 | ▲ 1.4% |
| Amounts payable within one year42/48 | €45,406 | €48,109 | €62,510 | €83,239 | €84,380 | ▲ 1.4% |
| Trade debts44 | €6,015 | €5,465 | €1,394 | €2,502 | €1,467 | ▼ 41.4% |
| Suppliers440/4 | - | €5,465 | €1,394 | €2,502 | €1,467 | ▼ 41.4% |
| Taxes, remuneration and social security45 | - | €42,644 | €61,116 | €55,737 | €22,913 | ▼ 58.9% |
| Taxes450/3 | - | €42,644 | €61,116 | €55,737 | €22,913 | ▼ 58.9% |
| Other amounts payable47/48 | - | - | - | €25,000 | €60,000 | ▲ 140% |
| Accrued charges and deferred income492/3 | - | €31,600 | - | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €45,519 | €61,818 | €53,292 | €50,446 | €46,269 | ▼ 8.3% |
| + Depreciation and write-downs630 | €1,805 | €3,283 | €10,419 | €12,563 | €6,919 | ▼ 44.9% |
| Operating cash flow (approximation) | €47,324 | €65,101 | €63,710 | €63,009 | €53,189 | ▼ 15.6% |
| Investment in fixed assets (approximation) | - | -€5,123 | -€21,328 | -€18,263 | -€5,739 | ▲ 68.6% |
| Change in cash | - | €3,519 | -€12,072 | €16,034 | -€40,882 | ▼ 355% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
18-06
State Gazette act
General meeting · Director reappointment
2025
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €100,000Eq €110,354 ▲30%
6 profitable years in a row build equity to €110,354.
27-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 119 days late
2022
22-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 114 days late
2021
31-12
Financial
Highest result since 2018net €61,818 ▲35.8%
Net result €61,818, the highest in the series.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 20 days late
2019
31-12
Financial
Weakest financial yearnet €26,843 ▼46.8%
Net result drops to €26,843, the lowest in the series; recovery starts the following year.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
2016
25-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 25 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
5 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, Ukkel · 1 establishment unit since 2009
Ground area
1,648 m²
Building footprint
309 m²
Volume, LiDAR
2,719 m³
Parcel 21614H0056/02W066, Brussels · tallest building 11.6 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Prins van Oranjelaan 97, 1180 Ukkel
since 20092.181.620.664
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21614H0056/02W066 | Brussels | 1,648 m² | 1 · 309 m² | 11.6 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
Similar companies · same sector, comparable size
DUAL
BE 0597.924.034
Kortrijk · Eq €96,628
KEMEL
BE 0447.348.162
Geer · Eq €96,630
Headvice
BE 0537.187.978
Edegem · Eq €96,616
BManagementEstate
BE 1020.238.773
Evere · Eq €96,614
Cliff & Booth
BE 0795.293.397
Elsene · Eq €96,610
Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 40,565 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded25-06-2009
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
78200Temporary employment agencies and other provision of personnel
E-invoicing
Reachable via Peppol
Peppol ID
0208:0814794357
Registered
28-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.