Equity
WIND CODE has made a profit in every financial year since 2010.
WIND CODE has made a profit in every financial year since 2010.
Seven of the last ten came late. The 2022 accounts came latest: 119 days after the end of the period.
Higher net result than 95% of companies in head offices and management consultancy. Sector median €29,782 · 1,548 companies.
The dashed line is the sector median: 0.1% across 48,570 companies (NACE 70, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 70, micro). It does better than 86% of them on solvency, 55% on liquidity and 84% on profitability.
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 30-09-2026.
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).
In July 2024, 17,811 companies had the same profile as WIND CODE has now. Each dot stands for 45 companies, two years later.
That fits the bankruptcy probability of WIND CODE itself: < 0.1% within 12 months.
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.
| 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 17,811 companies, not a prediction for WIND CODE. 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.
Liquidity is ample, with a current ratio of 30.68 (1.78 in 2024), above the usual 1.5. Short-term debt is 3.1% and cash 10.6% of total assets. 3.1% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 7 days after the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| WIND CODE Uccle | €530,915 | €673,154 | 96.9% | - |
| BIMPRINTER Andenne | €549,854 | €646,055 | 79.9% | 1.3 |
| STRATICS Aartselaar | €625,978 | €658,952 | 18.2% | 6.6 |
| OTYS Belgium Antwerp | €539,050 | €566,088 | 61.0% | 2 |
| FDB PARTNERS Uccle | €383,145 | €529,586 | 6.0% | - |
| DOMITIA Uccle | €505,419 | €490,901 | 18.7% | - |
| 21 SOLUTIONS Brussels | €691,263 | €763,050 | 26.3% | 8.9 |
These companies have the same main activity as WIND CODE: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €383,000 and €691,000, founded between 2008 and 2013.
WIND CODE files the micro format. That format states no turnover. The gross margin rose from €59,057 in 2010 to €673,154 in 2026.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
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 ≈ €960,000. Estimated: probably between €800,000 and €1.7m.
Higher than 46% of 37,582 companies in 2024.
Higher than 42% of 36,335 companies in 2024.
Higher than 68% of 36,821 companies in 2024.
| Line | Trend | 2026 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||
20/58 |
530,915 | 181,003 | 193,593 | 147,417 | 111,325 | 108,373 | 65,006 | 130,188 | 92,109 | 44,703 | 70,729 | 70,212 | 46,010 | 41,678 | 40,828 | 45,694 | |
21/28 |
29,981 | 30,932 | 32,112 | 26,411 | 15,502 | 13,662 | 12,310 | 16,052 | 15,266 | 19,059 | 26,548 | 22,293 | 27,245 | 3,138 | 778 | 12,558 | |
22/27 |
23,381 | 12,542 | 16,512 | 23,411 | 12,502 | 10,662 | 9,310 | 13,052 | 12,266 | 16,059 | 23,548 | 19,293 | 24,245 | 138 | 778 | 12,558 | |
22 |
2,884 | 5,393 | 6,826 | 8,260 | 5,468 | 6,496 | 7,678 | 9,609 | 7,766 | 7,712 | 13,924 | 16,386 | 21,848 | - | - | - | |
23 |
1,343 | 6,170 | 5,295 | - | - | - | 82 | 164 | 1,058 | 2,694 | 3,300 | - | - | 138 | 778 | 1,508 | |
24 |
19,153 | 980 | 4,390 | 15,152 | 7,034 | 4,166 | 1,550 | 3,279 | 3,442 | 5,653 | 6,324 | 2,907 | 2,397 | - | 0 | 11,050 | |
28 |
6,600 | 18,389 | 15,600 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | 3,000 | - | - | |
29/58 |
500,934 | 150,071 | 161,481 | 121,005 | 95,823 | 94,711 | 52,696 | 114,136 | 76,843 | 25,644 | 44,181 | 47,919 | 18,765 | 38,540 | 40,050 | 33,136 | |
29 |
42,273 | 40,235 | 39,116 | 38,028 | - | - | - | - | - | - | - | - | - | - | - | - | |
291 |
42,273 | 40,235 | 39,116 | 38,028 | - | - | - | - | - | - | - | - | - | - | - | - | |
40/41 |
400,025 | 49,894 | 21,642 | 1,340 | 3,857 | 6,264 | 5,633 | 6,264 | 4,000 | - | 4,840 | 15,730 | 17,167 | 2,000 | 4,000 | - | |
40 |
3,025 | 8,690 | 3,025 | - | 2,517 | 6,264 | 5,633 | 6,264 | 4,000 | - | 4,840 | 15,730 | 16,470 | 2,000 | 4,000 | - | |
41 |
397,000 | 41,204 | 18,617 | 1,340 | 1,340 | - | - | - | - | - | - | - | 697 | - | - | - | |
54/58 |
56,249 | 55,047 | 95,928 | 79,894 | 91,966 | 88,447 | 46,165 | 106,441 | 71,420 | 24,946 | 38,632 | 30,187 | 1,598 | 36,540 | 36,050 | 33,136 | |
490/1 |
2,387 | 4,895 | 4,795 | 1,743 | - | - | 898 | 1,431 | 1,423 | 698 | 709 | 2,002 | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||
10/49 |
530,915 | 181,003 | 193,593 | 147,417 | 111,325 | 108,373 | 65,006 | 130,188 | 92,109 | 44,703 | 70,729 | 70,212 | 46,010 | 41,678 | 40,828 | 45,694 | |
10/15 |
514,590 | 96,623 | 110,354 | 84,907 | 31,616 | 22,967 | 8,569 | 29,940 | 12,029 | 9,732 | 12,451 | 31,643 | 38,156 | 32,765 | 30,358 | 21,052 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
10 |
- | - | - | - | 6,200 | - | - | - | - | - | - | - | - | - | - | - | |
100 |
- | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
468,860 | 53,860 | 53,860 | 53,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
- | - | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
468,860 | 53,860 | 52,000 | 52,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
14 |
39,530 | 36,563 | 50,294 | 24,847 | 23,556 | 14,907 | 509 | 21,880 | 3,969 | 1,672 | 4,391 | 23,583 | 30,096 | 24,705 | 22,298 | 12,992 | |
16 |
- | - | - | - | - | - | - | - | 15,000 | - | - | - | - | - | - | - | |
160/5 |
- | - | - | - | - | - | - | - | 15,000 | - | - | - | - | - | - | - | |
162 |
- | - | - | - | - | - | - | - | 15,000 | - | - | - | - | - | - | - | |
17/49 |
16,325 | 84,380 | 83,239 | 62,510 | 79,709 | 85,406 | 56,437 | 100,248 | 65,080 | 34,971 | 58,278 | 38,569 | 7,854 | 8,913 | 10,470 | 24,642 | |
42/48 |
16,325 | 84,380 | 83,239 | 62,510 | 48,109 | 45,406 | 31,437 | 70,248 | 40,080 | 34,971 | 58,278 | 38,569 | 7,854 | 8,913 | 10,470 | 24,642 | |
44 |
547 | 1,467 | 2,502 | 1,394 | 5,465 | 6,015 | 2,238 | 1,914 | 4,254 | 2,109 | 1,580 | 2,275 | 3,854 | 3,629 | 3,038 | 1,477 | |
440/4 |
547 | 1,467 | 2,502 | 1,394 | 5,465 | 6,015 | 2,238 | 1,914 | 4,254 | 2,109 | 1,580 | 2,275 | 3,854 | 3,629 | 3,038 | 1,477 | |
45 |
15,778 | 22,913 | 55,737 | 61,116 | 42,644 | 39,391 | 27,043 | 67,882 | 33,025 | 27,675 | 28,382 | 8,203 | 4,000 | 4,982 | 415 | 327 | |
450/3 |
15,778 | 22,913 | 55,737 | 61,116 | 42,644 | 39,391 | 27,043 | 67,882 | 33,025 | 27,675 | 28,382 | 8,203 | 4,000 | 4,982 | 415 | 327 | |
47/48 |
- | 60,000 | 25,000 | - | - | - | 2,156 | 452 | 2,801 | 5,187 | 28,316 | 28,091 | - | 302 | 7,017 | 22,838 | |
492/3 |
- | - | - | - | 31,600 | 40,000 | 25,000 | 30,000 | 25,000 | - | - | - | - | - | - | - | |
| Income statement | |||||||||||||||||
9900 |
673,154 | 74,950 | 83,551 | 104,844 | 92,303 | 75,578 | 53,009 | 70,743 | 80,348 | 55,812 | 59,124 | 46,384 | 43,996 | 34,265 | 24,828 | 59,057 | |
630 |
15,591 | 6,919 | 12,563 | 10,419 | 3,283 | 1,805 | 3,743 | 5,819 | 11,755 | 11,031 | 9,693 | 6,263 | 5,897 | 640 | 12,193 | 34,658 | |
640/8 |
40,967 | 1,505 | 1,406 | 1,629 | 3,187 | 4,190 | 5,534 | 2,781 | 1,181 | 2,069 | 2,434 | 2,400 | 2,444 | 2,644 | 2,980 | 9,444 | |
66A |
- | - | - | - | - | - | - | - | 15,000 | - | - | - | - | - | - | - | |
9901 |
616,597 | 66,526 | 69,581 | 92,796 | 85,833 | 69,583 | 43,732 | 62,143 | 52,412 | 42,712 | 46,997 | 37,721 | 35,655 | 30,981 | 9,655 | 14,955 | |
75/76B |
6,672 | 1,742 | 1,563 | 729 | - | - | - | 15,000 | - | - | 176 | 1,222 | 54 | 74 | 52 | 24 | |
75 |
6,672 | 1,742 | 1,563 | 729 | - | - | - | - | - | - | 176 | 1,222 | 54 | 74 | 52 | 24 | |
76B |
- | - | - | - | - | - | - | 15,000 | - | - | - | - | - | - | - | - | |
65/66B |
2,916 | 172 | 161 | 880 | 1,856 | 2,618 | 2,348 | 232 | 143 | 201 | 285 | 329 | 268 | 409 | 401 | 123 | |
65 |
2,916 | 172 | 161 | 880 | 1,856 | 2,618 | 2,348 | 232 | 143 | 201 | 285 | 329 | 268 | 409 | 401 | 123 | |
9903 |
620,352 | 68,096 | 70,983 | 92,644 | 83,977 | 66,965 | 41,384 | 76,911 | 52,269 | 42,511 | 46,888 | 38,614 | 35,441 | 30,646 | 9,306 | 14,856 | |
67/77 |
202,386 | 21,827 | 20,537 | 39,353 | 22,159 | 21,446 | 14,541 | 26,500 | 9,972 | 15,230 | 36,080 | 15,127 | 14,050 | 20,239 | 0 | 4 | |
9904 |
417,967 | 46,269 | 50,446 | 53,292 | 61,818 | 45,519 | 26,843 | 50,411 | 42,297 | 27,281 | 10,808 | 23,487 | 21,391 | 10,407 | 9,306 | 14,852 | |
9905 |
417,967 | 46,269 | 50,446 | 53,292 | 61,818 | 45,519 | 26,843 | 50,411 | 42,297 | 27,281 | 10,808 | 23,487 | 21,391 | 10,407 | 9,306 | 14,852 | |
| Appropriation of the result | |||||||||||||||||
9906 |
454,530 | 96,563 | 75,294 | 76,847 | 76,725 | 52,773 | 45,509 | 54,380 | 43,969 | 31,672 | 34,391 | 53,583 | 46,096 | 32,705 | 22,298 | 14,852 | |
14P |
36,563 | 50,294 | 24,847 | 23,556 | 14,907 | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
415,000 | - | - | 52,000 | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 1,860 | |
6921 |
415,000 | - | - | 52,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
694/7 |
- | 60,000 | 25,000 | - | 53,169 | 37,866 | 45,000 | 32,500 | 40,000 | 30,000 | 30,000 | 30,000 | 16,000 | 8,000 | - | - | |
694 |
- | 60,000 | 25,000 | - | 53,169 | 37,866 | 45,000 | 32,500 | 40,000 | 30,000 | 30,000 | 30,000 | 16,000 | 8,000 | - | - | |
| Document | |||||||||||||||||
The notes to these accounts have 10 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 2026 at the NBB, filed on 30-10-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2026 | micro format | 30-10-2026 | 2026-00598237 | |
| 31-12-2024 | micro format | 09-07-2025 | 2025-00261980 | |
| 31-12-2023 | micro format | 01-07-2024 | 2024-00205796 | |
| 31-12-2022 | micro format | 27-11-2023 | 2023-00521766 | |
| 31-12-2021 | micro format | 22-11-2022 | 2022-20524269 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-64600504 | |
| 31-12-2019 | micro format | 20-08-2020 | 2020-43900158 | |
| 31-12-2018 | micro format | 28-08-2019 | 2019-58600283 | |
| 31-12-2017 | micro format | 28-08-2018 | 2018-52500207 | |
| 31-12-2016 | full format | 28-08-2017 | 2017-50000367 | |
| 31-12-2015 | full format | 25-08-2016 | 2016-47500183 | |
| 31-12-2014 | full format | 24-08-2015 | 2015-45400350 | |
| 31-12-2013 | full format | 11-09-2014 | 2014-58300128 | |
| 31-12-2012 | full format | 24-08-2013 | 2013-46000537 | |
| 31-12-2011 | full format | 29-08-2012 | 2012-47700550 | |
| 31-12-2010 | full format | 30-08-2011 | 2011-49200053 |
| Line | Trend | 2026 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 632,188 | 73,445 | 82,144 | 103,214 | 89,116 | 71,388 | 47,475 | 67,962 | 64,167 | 53,743 | 56,690 | 43,984 | 41,552 | 31,621 | 21,848 | 49,613 | ||
| 433,557 | 53,189 | 63,009 | 63,710 | 65,101 | 47,324 | 30,586 | 56,230 | 54,052 | 38,312 | 20,501 | 29,750 | 27,288 | 11,047 | 21,499 | 49,510 | ||
| 26,429 | 5,739 | 18,263 | 21,328 | 5,123 | 3,157 | 1 | 6,605 | 7,962 | 3,542 | 13,948 | 1,311 | 32,364 | 3,000 | 413 | 47,216 | ||
| - | -40,882 | 16,034 | -12,072 | 3,519 | 42,282 | -60,276 | 35,021 | 46,474 | -13,686 | 8,445 | 28,589 | -34,942 | 490 | 2,914 | - | ||
| 484,609 | 65,691 | 78,242 | 58,496 | 47,714 | 49,305 | 21,259 | 43,888 | 36,763 | -9,327 | -14,097 | 9,350 | 10,911 | 29,627 | 29,580 | 8,494 | ||
| 96.9% | 53.4% | 57.0% | 57.6% | 28.4% | 21.2% | 13.2% | 23.0% | 13.1% | 21.8% | 17.6% | 45.1% | 82.9% | 78.6% | 74.4% | 46.1% | ||
| 30.68 | 1.78 | 1.94 | 1.94 | 1.99 | 2.09 | 1.68 | 1.62 | 1.92 | 0.73 | 0.76 | 1.24 | 2.39 | 4.32 | 3.83 | 1.34 | ||
| 0.03 | 0.87 | 0.75 | 0.74 | 2.52 | 3.72 | 6.59 | 3.35 | 5.41 | 3.59 | 4.68 | 1.22 | 0.21 | 0.27 | 0.34 | 1.17 | ||
| 81.2% | 47.9% | 45.7% | 62.8% | 195.5% | 198.2% | 313.3% | 168.4% | 351.6% | 280.3% | 86.8% | 74.2% | 56.1% | 31.8% | 30.7% | 70.5% | ||
| 78.7% | 25.6% | 26.1% | 36.2% | 55.5% | 42.0% | 41.3% | 38.7% | 45.9% | 61.0% | 15.3% | 33.5% | 46.5% | 25.0% | 22.8% | 32.5% | ||
| over 100 | over 100 | over 100 | over 100 | 48.02 | - | - | - | - | - | - | - | - | - | - | - |
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.
| Item | 30-09-2026 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €26,429 | €2,950 | €5,663 | €21,328 | €5,123 |
| Financial fixed assets | - | €2,789 | €12,600 | - | - |
| €15,591 | €6,919 | €12,563 | €10,419 | €3,283 |
Source: notes to the 2021 to 2026 annual accounts (statement of fixed assets)
The operating result for 2026 is €616,597, against €66,526 in 2024. Comparable figures for the intervening years are unavailable.
Debt's share of the balance-sheet total is 3.1%.
WIND CODE has no parent and no holdings in its annual accounts. SWAELS Marc is the only director.
| MONTANA MANAGEMENT
registered office since 17-10-2017 · founded in 2017 |
total assets €163,146 (2025) 0683.435.571 |
| Minazio, Nicole (sole trader)
establishment since 01-06-2016 |
founded in 2016 0656.565.284 |
| Association des Copropriétaires, à Uccle, Avenue de Prince d'Orange 97
registered office since 30-07-1971 |
founded in 1971 0885.971.076 |
| Service de Controle des Radio-Communications des Services Mobiles
registered office since 02-03-1946 |
founded in 1946 0410.661.970 |
| SAILSENSE ANALYTICS via Marc Swaels, no longer at SAILSENSE ANALYTICS · Director · deed of 12-02-2018 Open bankruptcy · founded in 2017 · group FPB Invest |
total assets €2.3m (2024) |
The network starts from the earlier ties.
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Prins van Oranjelaan 97 registered office 1180 Uccle | 23-06-2009 | 2.181.620.664 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21614H0056/02W066 | 1,648 m² | 1 · 309 m² | 11.6 m · 3 |
If something looks wrong or is missing, please tell us.