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WIND4FLANDERS PROJECTS 3

Active
Public limited companyfounded 201510 yrs activeSimon Bolivarlaan 36, 1000 Brussel, BelgiumKBO/BCE: BE 0644.840.855
Summary

WIND4FLANDERS PROJECTS 3 has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15.3m and a net result of €175,603. Equity is growing by ~10.4% per year across the filed fiscal years. Its solvency ranks better than 50% of 270 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability67▲+9
Solvency54▲+3
Growth40▲+1
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €700,000 at 30 days acceptable
Liquidity short (current ratio 0.79 against 0.93 in 2024; short-term debt: 15.6% and cash: 7.8% of total assets), and 71.2% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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
Electricity, gas, steam and air conditioning supply (NACE 35)
about 42% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
28.8%
Return on assets
0.3%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
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 27-05-2026, 65 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
65 d early
2024
70 d early
2023
69 d early
2022
62 d early
2021
73 d early
2020
67 d early
2019
67 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 68 days before the deadline; the sector median for financial year 2024 is 23 days before the deadline, and 27% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 24 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 23 December 2015, WIND4FLANDERS PROJECTS 3 was incorporated, with a starting capital of EUR 100,050.12 In 2016 the capital was increased by EUR 1 million.3 The registered office was moved to Brussel in 2023.4 Of the 15 current board members, Lionel Matthysen has served longest, since 2015.5 Revenue went from EUR 11 million in 2018 to EUR 7.2 million in 2025.6

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 28-12-2015
  3. 3Belgian State Gazette, 13-12-2016
  4. 4Belgian State Gazette, 04-04-2023
  5. 5Belgian State Gazette, 04-06-2020
  6. 6National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€7.2m▲ 2.4%
2024 · €7.0m
EBIT margin
14.2%▲ 4.2pp
2024 · 10.0%
Net result
€175,603
2024 · -€250,208
Working capital
-€1.8m▼ 196%
2024 · -€591,350
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 35, Electricity, gas, steam and air conditioning supply, 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
Line20212022202320242025
Turnover€9.4m▼ 25.7%€8.5m▼ 8.8%€14.7m▲ 71.9%€7.0m▼ 52.1%€7.2m▲ 2.4%
Operating result€3.3m▼ 46.2%€2.3m▼ 30.6%€8.0m▲ 244%€705,083▼ 91.1%€1.0m▲ 45.4%
Net result€1.9mabove the sector's middle half▼ 52.4%€1.2mwithin the sector's middle half▼ 36.2%€5.4mabove the sector's middle half▲ 352%-€250,208below the sector's middle half€175,603within the sector's middle half
EBIT margin35.6%▼ 13.5pp27.1%▼ 8.5pp54.2%▲ 27.1pp10.0%▼ 44.2pp14.2%▲ 4.2pp
Equity€8.7mwithin the sector's middle half▼ 1.7%€9.9mabove the sector's middle half▲ 13.8%€15.4mabove the sector's middle half▲ 54.7%€15.1mabove the sector's middle half▼ 1.6%€15.3mabove the sector's middle half▲ 1.2%
Total assets€68.4mabove the sector's middle half▼ 9.5%€66.5mabove the sector's middle half▼ 2.8%€64.3mabove the sector's middle half▼ 3.2%€58.2mabove the sector's middle half▼ 9.5%€53.2mabove the sector's middle half▼ 8.6%
Debt€59.0m▼ 10.9%€55.7m▼ 5.5%€48.0m▼ 13.9%€42.0m▼ 12.5%€36.7m▼ 12.7%
Working capital-€3.3mbelow the sector's middle half▼ 84.0%-€3.3mbelow the sector's middle half▲ 0.2%€935,288within the sector's middle half-€591,350below the sector's middle half-€1.8mbelow the sector's middle half▼ 196%
Solvency12.8%within the sector's middle half▲ 1.0pp15.0%within the sector's middle half▲ 2.2pp23.9%within the sector's middle half▲ 9.0pp26.0%within the sector's middle half▲ 2.1pp28.8%within the sector's middle half▲ 2.8pp
Current ratio0.61below the sector's middle half▼ 0.210.69below the sector's middle half▲ 0.081.11within the sector's middle half▲ 0.420.93within the sector's middle half▼ 0.180.79within the sector's middle half▼ 0.14
Return on assets (ROA)2.8%within the sector's middle half▼ 2.5pp1.8%within the sector's middle half▼ 0.9pp8.5%within the sector's middle half▲ 6.7pp-0.4%within the sector's middle half▼ 8.9pp0.3%within the sector's middle half▲ 0.8pp
above within below the middle half (P25 to P75) of NACE 35, Electricity, gas, steam and air conditioning supply, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€2.5m€0€2.5m€5.0m€7.5mOperating result 2021: €3.3m€3.3mNet result 2021: €1.9m€1.9mOperating result 2022: €2.3m€2.3mNet result 2022: €1.2m€1.2mOperating result 2023: €8.0m€8.0mNet result 2023: €5.4m€5.4mOperating result 2024: €705,083€705,083Net result 2024: -€250,208-€250,208Operating result 2025: €1.0m€1.0mNet result 2025: €175,603€175,60320212022202320242025-€2.5m€0€2.5m€5m€7.5mOperating result 2023: €8.0m€8mNet result 2023: €5.4m€5.4mOperating result 2024: €705,083€705,000Net result 2024: -€250,208-€250,000Operating result 2025: €1.0m€1mNet result 2025: €175,603€176,000202320242025
The operating result recovers in 2025; 2025 is 45% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €53.2m
Fixed assets €46.6m ▼ 8.1%
Current assets €6.5m ▼ 12.2%
Equity and liabilities €53.2m
Equity €15.3m ▲ 1.2%
Provisions €1.2m ▲ 13.2%
Debt €36.7m ▼ 12.7%
Debt's share of the balance-sheet total falls from 72.1% to 68.9%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€5.1m▲
2024 · €4.8m
Cash flow
€4.3m▲
2024 · €3.9m
Debt to equity
2.39▼
2024 · 2.77
ROE
1.1%▲
2024 · -1.7%
Interest coverage
3.84▲
2024 · 2.20
Debt ≤ 1 year
€8.3m▲
2024 · €8.0m
Debt > 1 year
€28.4m▼
2024 · €34.0m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 301 companies that looked in July 2024 the way this one looks now, 1.3% went bankrupt within 24 months and 98% are still going.

  • Large
  • solvency 10 to 30%
  • a profit under 5% of the balance sheet
  • without age
1.3% went bankrupt
1.0% stopped otherwise
98% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 301 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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines
Balance sheet Code20242025
Assets
Total assets20/58€58.2m€53.2m▼
Fixed assets21/28€50.8m€46.6m▼
Tangible fixed assets22/27€50.8m€46.6m▼
Plant, machinery and equipment23€50.8m€46.6m▼
Current assets29/58€7.5m€6.5m▼
Amounts receivable within one year40/41€2.1m€2.1m▼
Trade receivables40€1.1m€2.1m▲
Other amounts receivable41€1.0m€26,581▼
Cash at bank and in hand54/58€5.0m€4.1m▼
Deferred charges and accrued income490/1€321,352€330,555▲
Equity and liabilities
Total equity and liabilities10/49€58.2m€53.2m▼
Equity10/15€15.1m€15.3m▲
Contributions10/11€8.0m€8.0m=
Capital10€8.0m€8.0m=
Issued capital100€8.0m€8.0m=
Reserves13€800,005€800,005=
Non-distributable reserves130/1€800,005€800,005=
Legal reserve130€800,005€800,005=
Profit (loss) carried forward14€6.3m€6.5m▲
Provisions and deferred taxes16€1.1m€1.2m▲
Provisions for liabilities and charges160/5€1.1m€1.2m▲
Other liabilities and charges164/5€1.1m€1.2m▲
Amounts payable17/49€42.0m€36.7m▼
Amounts payable after more than one year17€34.0m€28.4m▼
Financial debts170/4€34.0m€28.4m▼
Credit institutions173€34.0m€28.4m▼
Amounts payable within one year42/48€8.0m€8.3m▲
Current portion of amounts payable after more than one year42€5.5m€5.6m▲
Financial debts43-€1.8m
Credit institutions430/8-€1.8m
Trade debts44€2.2m€755,061▼
Suppliers440/4€2.2m€755,061▼
Taxes, remuneration and social security45€357,255€146,187▼
Taxes450/3€357,255€146,187▼
Income statement Code20242025
Operating income70/76A€7.4m€7.3m▼
Turnover70€7.0m€7.2m▲
Other operating income74€348,193€68,248▼
Operating charges60/66A€6.7m€6.2m▼
Services and other goods61€2.4m€2.0m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4.1m€4.1m=
Provisions for liabilities and charges: additions (uses and reversals)635/8€142,800€142,800=
Other operating charges640/8€19,404€14,467▼
Operating profit (loss)9901€705,083€1.0m▲
Financial income75/76B€1.3m€517,925▼
Recurring financial income75€1.3m€517,925▼
Income from current assets751€1.3m€517,925▼
Other financial income752/9€0€0▼
Financial charges65/66B€2.2m€1.4m▼
Recurring financial charges65€2.2m€1.4m▼
Debt charges650€2.2m€1.3m▼
Other financial charges652/9€28,825€28,259▼
Profit (loss) for the period before taxes9903-€250,208€175,603▲
Profit (loss) for the period9904-€250,208€175,603▲
Profit (loss) for the period to be appropriated9905-€250,208€175,603▲
Appropriation of the result
Profit (loss) to be appropriated9906€6.3m€6.5m▲
Profit (loss) brought forward from the previous period14P€6.6m€6.3m▼

The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€9.4m€8.6m€14.7m€7.4m€7.3m▼ 1.5%
Turnover70€9.4m€8.5m€14.7m€7.0m€7.2m▲ 2.4%
Other operating income74€37,903€46,839€65,266€348,193€68,248▼ 80.4%
Operating charges60/66A€6.1m€6.3m€6.8m€6.7m€6.2m▼ 6.5%
Services and other goods61€1.8m€2.0m€2.5m€2.4m€2.0m▼ 17.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4.1m€4.1m€4.1m€4.1m€4.1m=
Provisions for liabilities and charges: additions (uses and reversals)635/8€142,800€142,800€142,800€142,800€142,800=
Other operating charges640/8€15,497€16,590€20,940€19,404€14,467▼ 25.4%
Operating profit (loss)9901€3.3m€2.3m€8.0m€705,083€1.0m▲ 45.4%
Financial income75/76B€0€0€1.2m€1.3m€517,925▼ 59.1%
Recurring financial income75€0€0€1.2m€1.3m€517,925▼ 59.1%
Income from current assets751--€1.2m€1.3m€517,925▼ 59.1%
Other financial income752/9€0€0-€0€0▼ 18.8%
Financial charges65/66B€1.2m€1.1m€2.3m€2.2m€1.4m▼ 38.4%
Recurring financial charges65€1.2m€1.1m€2.3m€2.2m€1.4m▼ 38.4%
Debt charges650€1.1m€1.0m€2.2m€2.2m€1.3m▼ 38.9%
Other financial charges652/9€29,047€28,465€30,762€28,825€28,259▼ 2.0%
Profit (loss) for the period before taxes9903€2.2m€1.3m€6.9m-€250,208€175,603▲ 170%
Income taxes67/77€296,043€53,042€1.4m---
Taxes670/3€296,043€53,042€1.4m---
Profit (loss) for the period9904€1.9m€1.2m€5.4m-€250,208€175,603▲ 170%
Profit (loss) for the period to be appropriated9905€1.9m€1.2m€5.4m-€250,208€175,603▲ 170%
Line20212022202320242025Change
Assets
Total assets20/58€68.4m€66.5m€64.3m€58.2m€53.2m▼ 8.6%
Fixed assets21/28€63.1m€59.0m€54.9m€50.8m€46.6m▼ 8.1%
Tangible fixed assets22/27€63.1m€59.0m€54.9m€50.8m€46.6m▼ 8.1%
Plant, machinery and equipment23€63.1m€59.0m€54.9m€50.8m€46.6m▼ 8.1%
Current assets29/58€5.3m€7.5m€9.4m€7.5m€6.5m▼ 12.2%
Amounts receivable within one year40/41€4.8m€4.8m€6.4m€2.1m€2.1m▼ 1.3%
Trade receivables40€624,431€1.1m€5.4m€1.1m€2.1m▲ 87.7%
Other amounts receivable41€4.1m€3.7m€1.0m€1.0m€26,581▼ 97.4%
Cash at bank and in hand54/58€279,876€2.3m€2.8m€5.0m€4.1m▼ 17.7%
Deferred charges and accrued income490/1€246,070€280,702€240,748€321,352€330,555▲ 2.9%
Equity and liabilities
Total equity and liabilities10/49€68.4m€66.5m€64.3m€58.2m€53.2m▼ 8.6%
Equity10/15€8.7m€9.9m€15.4m€15.1m€15.3m▲ 1.2%
Contributions10/11€8.0m€8.0m€8.0m€8.0m€8.0m=
Capital10€8.0m€8.0m€8.0m€8.0m€8.0m=
Issued capital100€8.0m€8.0m€8.0m€8.0m€8.0m=
Reserves13€733,996€794,154€800,005€800,005€800,005=
Non-distributable reserves130/1€733,996€794,154€800,005€800,005€800,005=
Legal reserve130€733,996€794,154€800,005€800,005€800,005=
Profit (loss) carried forward14€9,828€1.2m€6.6m€6.3m€6.5m▲ 2.8%
Provisions and deferred taxes16€653,800€796,600€939,400€1.1m€1.2m▲ 13.2%
Provisions for liabilities and charges160/5€653,800€796,600€939,400€1.1m€1.2m▲ 13.2%
Other liabilities and charges164/5€653,800€796,600€939,400€1.1m€1.2m▲ 13.2%
Amounts payable17/49€59.0m€55.7m€48.0m€42.0m€36.7m▼ 12.7%
Amounts payable after more than one year17€50.4m€45.0m€39.5m€34.0m€28.4m▼ 16.5%
Financial debts170/4€50.4m€45.0m€39.5m€34.0m€28.4m▼ 16.5%
Credit institutions173€50.4m€45.0m€39.5m€34.0m€28.4m▼ 16.5%
Amounts payable within one year42/48€8.6m€10.8m€8.5m€8.0m€8.3m▲ 3.2%
Current portion of amounts payable after more than one year42€5.6m€5.4m€5.5m€5.5m€5.6m▲ 1.3%
Financial debts43--€199,128-€1.8m-
Credit institutions430/8--€199,128-€1.8m-
Trade debts44€588,488€5.0m€2.3m€2.2m€755,061▼ 65.1%
Suppliers440/4€588,488€5.0m€2.3m€2.2m€755,061▼ 65.1%
Taxes, remuneration and social security45€392,879€397,061€562,287€357,255€146,187▼ 59.1%
Taxes450/3€392,879€397,061€562,287€357,255€146,187▼ 59.1%
Other amounts payable47/48€2.0m-€850---
Accrued charges and deferred income492/3€1,921-€12,576---
Line20212022202320242025Change
Profit (loss) for the period9904€1.9m€1.2m€5.4m-€250,208€175,603▲ 170%
+ Depreciation and write-downs630€4.1m€4.1m€4.1m€4.1m€4.1m=
Operating cash flow (approximation)€6.0m€5.3m€9.6m€3.9m€4.3m▲ 11.0%
Investment in fixed assets (approximation)--€32,542€0€0€0-
Change in cash-€2.1m€490,930€2.2m-€887,473▼ 141%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
08-06
State Gazette act Appointments: Geert Dhooghe (director) and Aart Geens (director)
Resignations: Valérie Duchesne (director) and Ann Naessens (director)5 facts ▸
  • General meeting, 19-05-2026
  • Director appointment, Geert Dhooghe (director)
  • Director appointment, Aart Geens (director)
  • Director resignation, Valérie Duchesne (director)
  • Director resignation, Ann Naessens (director)
27-05
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Back to profitnet €175,603
Net result €175,603 after one loss-making year.
09-07
State Gazette act Resignations: Rik Soens, Luc Van Hove and 12 others
Reappointments: Rik Soens, Luc Van Hove and 11 others · Appointments: Isabel Van Quickelberghe (director) and Willem Wevers (director)30 facts ▸
  • General meeting, 20-05-2025
  • Director resignation, Rik Soens (director)
  • Director resignation, Luc Van Hove (director)
  • Director resignation, Harold Vanheel (director)
  • Director resignation, Henk Kindt (director)
  • Director resignation, Nico Priem (director)
  • Director resignation, Christophe Lamoureux (director)
  • Director resignation, Lionel Matthysen (director)
  • Director resignation, Nicolas Van de Abeele (director)
  • Director resignation, Siegfried Vanhevel (director)
  • Director resignation, Tom Bollaert (director)
  • Director resignation, Ann Naessens (director)
  • +18 further facts in this act
22-05
NBB filing Annual accounts filed
fiscal year 2024 · full schema
12-02
State Gazette act Resignation: Walter Van den Bossche (director)
Appointment: Nico Priem (director)3 facts ▸
  • Board meeting, 28-11-2024
  • Director resignation, Walter Van den Bossche (director)
  • Director appointment, Nico Priem (director)
06-01
State Gazette act Resignation: Nico Priem (director)
Appointments: Siegfried Vanhevel, Rik Soens and Nicolas Van den Abeele · Power of attorney20 facts ▸
  • Board meeting, 26-09-2024
  • Director resignation, Nico Priem (director)
  • Director appointment, Siegfried Vanhevel (director)
  • Director appointment, Rik Soens (chair)
  • Director appointment, Nicolas Van den Abeele (vice-chair)
  • Power of attorney, Valérie Duchesne
  • Power of attorney, Ann Naessens
  • Power of attorney, Tom Bollaert
  • Power of attorney, Christophe Lamoureux
  • Power of attorney, Lionel Matthysen
  • Power of attorney, Nicolas Van den Abeele
  • Power of attorney, Siegfried Vanhevel
  • +8 further facts in this act
2024
31-12
Financial Weakest financial yearnet -€250,208
Net result drops to -€250,208, the lowest in the series; recovery starts the following year.
11-12
State Gazette act Resignation: Jurgen Callaerts (director)
1 fact ▸
  • Director resignation, Jurgen Callaerts (director)
02-08
State Gazette act Resignation: Nico Priem (director)
1 fact ▸
  • Director resignation, Nico Priem (director)
24-07
State Gazette act Appointment: Christophe Lamoureux (director)
2 facts ▸
  • General meeting, 21-05-2024
  • Director appointment, Christophe Lamoureux (director)
23-05
NBB filing Annual accounts filed
fiscal year 2023 · full schema
Show earlier events
26-03
State Gazette act Resignation: Muriel Desplanque (director)
Appointment: Christophe Lamoureux (director)3 facts ▸
  • Board meeting, 05-12-2023
  • Director resignation, Muriel Desplanque (director)
  • Director appointment, Christophe Lamoureux (director)
2023
31-12
Financial Highest result since 2018net €5.4m ▲352%
Operating result €8.0m, net result €5.4m, both a record.
31-12
Financial Equity above €10mEq €15.4m ▲54.7%
6 profitable years in a row build equity to €15.4m.
27-07
State Gazette act Appointment: Nicolas Van den Abeele (director)
2 facts ▸
  • General meeting, 16-05-2023
  • Director appointment, Nicolas Van den Abeele (director)
05-07
State Gazette act Miscellaneous
Power of attorney · Mandate replacement · Mandate threshold18 facts ▸
  • Board meeting, 29-06-2023
  • Power of attorney, Loïc BIOT
  • Power of attorney, Erwin BOOGAERTS
  • Power of attorney, Nicolas DE DEKEN
  • Power of attorney, Michel HERYGERS
  • Power of attorney, Michael LAVRY
  • Power of attorney, Stéphanie MASSCHELEIN
  • Power of attorney, Jean-Claude MOREL DE WESTGAVER
  • Power of attorney, Nico PRIEM
  • Power of attorney, Sybille PRINGOT
  • Power of attorney, Geert ROGGE
  • Power of attorney, Maria SAS
  • +6 further facts in this act
30-05
NBB filing Annual accounts filed
fiscal year 2022 · full schema
04-04
State Gazette act Resignation: Filip Meuleman (director and chair)
Appointment: Nicolas Van den Abeele (director and chair) · Registered-office move4 facts ▸
  • Board meeting, 09-03-2023
  • Director resignation, Filip Meuleman (director and chair)
  • Director appointment, Nicolas Van den Abeele (director and chair)
  • Registered-office move, Simon Bolivarlaan 36, 1000 Brussel
2022
01-07
State Gazette act Reappointments: Filip Meuleman, Rik Soens and 12 others
Appointment: Walter Van den Bossche (director)16 facts ▸
  • General meeting, 17-05-2022
  • Director reappointment, Filip Meuleman (director)
  • Director reappointment, Rik Soens (director)
  • Director reappointment, Tom Bollaert (director)
  • Director reappointment, Jurgen Callaerts (director)
  • Director reappointment, Henk Kindt (director)
  • Director reappointment, Lionel Matthysen (director)
  • Director reappointment, Nico Priem (director)
  • Director reappointment, Harold Vanheel (director)
  • Director reappointment, Luc Van Hove (director)
  • Director reappointment, Muriel Desplanque (director)
  • Director reappointment, Valérie Duchèsne (director)
  • +4 further facts in this act
19-05
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
11-06
State Gazette act Appointment: Filip Meuleman (director)
2 facts ▸
  • General meeting, 18-05-2021
  • Director appointment, Filip Meuleman (director)
25-05
NBB filing Annual accounts filed
fiscal year 2020 · full schema
08-01
State Gazette act Resignation: François Thoumsin (director)
Appointment: Filip Meuleman (director)4 facts ▸
  • Board meeting, 19-11-2020
  • Director resignation, François Thoumsin (director)
  • Director appointment, Filip Meuleman (director)
  • Director appointment, Filip Meuleman (vice-chair)
2020
04-06
State Gazette act Resignations: Thierry Lambrecht, Muriel Desplanque and 13 others
Appointment: Tom Bollaert (director) · Reappointments: Muriel Desplanque, Ann Naessens and 12 others · Legal-form conversion37 facts ▸
  • General meeting, 19-05-2020
  • Legal-form conversion, Naamloze vennootschap
  • Net-asset statement, 29-02-2020
  • Capital, €8.000.050
  • Director resignation, Thierry Lambrecht (director)
  • Director appointment, Tom Bollaert (director)
  • Director resignation, Muriel Desplanque (director)
  • Director reappointment, Muriel Desplanque (director)
  • Director resignation, Ann Naessens (director)
  • Director reappointment, Ann Naessens (director)
  • Director resignation, Valérie Duchesne (director)
  • Director reappointment, Valérie Duchesne (director)
  • +25 further facts in this act
25-05
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
22-08
State Gazette act Appointments: Muriel DESPLANQUE, Ann NAESSENS and 2 others
Resignations: Erik GYS (director) and Franky DE GRAEVE (director) · Reappointment: Deloitte Bedrijfsrevisoren cvba (statutory auditor)8 facts ▸
  • General meeting, 21-05-2019
  • Director appointment, Muriel DESPLANQUE (director)
  • Director appointment, Ann NAESSENS (director)
  • Director resignation, Erik GYS (director)
  • Director appointment, Jurger CALLAERTS (director)
  • Director resignation, Franky DE GRAEVE (director)
  • Director appointment, Henk KINDT (director)
  • Auditor reappointment, Deloitte Bedrijfsrevisoren cvba (statutory auditor)
12-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
24-04
State Gazette act Resignation: Marc BEYENS (director)
Appointments: Ann NAESSENS (director) and Muriel DESPLANQUE (director)4 facts ▸
  • Board meeting, 21-02-2019
  • Director resignation, Marc BEYENS (director)
  • Director appointment, Ann NAESSENS (director)
  • Director appointment, Muriel DESPLANQUE (director)
05-02
State Gazette act Resignation: Rumold Lambrechts (director)
Appointments: Erwin Boogaerts (secretary) and Nico Priem (managing director) · Power of attorney8 facts ▸
  • Board meeting, 29-11-2018
  • Director resignation, Rumold Lambrechts (director)
  • Director appointment, Erwin Boogaerts (secretary)
  • Director appointment, Nico Priem (managing director)
  • Power of attorney, Muriel Desplanque
  • Power of attorney, Maria Sas
  • Power of attorney, Lionel Matthyssen
  • Power of attorney, François Thoumsin
24-01
State Gazette act Capital & shares
Power of attorney · Mandate condition · Replacement clause30 facts ▸
  • Board meeting, 21-12-2018
  • Power of attorney, Tim BRIJS
  • Power of attorney, Loïc BIOT
  • Power of attorney, Erwin BOOGAERTS
  • Power of attorney, Reinout CLAEYS
  • Power of attorney, Mathieu CORNET
  • Power of attorney, Nicolas DE DEKEN
  • Power of attorney, Maarten DENECKERE
  • Power of attorney, Michel HERYGERS
  • Power of attorney, Michael LAVRY
  • Power of attorney, Stéphanie MASSCHELEIN
  • Power of attorney, Jean-Claude MOREL DE WESTGAVER
  • +18 further facts in this act
2018
18-05
NBB filing Annual accounts filed
fiscal year 2017 · full schema
16-03
State Gazette act Appointment: Nico PRIEM (managing director)
Power of attorney · General representation · Special proxy9 facts ▸
  • Board meeting, 20-02-2018
  • Director appointment, Nico PRIEM (managing director)
  • Power of attorney, Muriel DESPLANQUE
  • Power of attorney, Maria SAS
  • Power of attorney, Lionel MATTHYSEN
  • Power of attorney, François THOUMSIN
  • General representation, twee gezamenlijk optredende bestuurders, één Bestuurder A en één Bestuurder B (artikel 25 statuten)
  • Special proxy, bijzondere lasthebbers voor zes bevoegdheidsdomeinen: (1) financiële aangelegenheden, (2) juridische aangelegenheden, (3) fiscale aangelegenheden, (4) verzekeri…
  • Separate publication, onroerende goederen (bevoegdheidsdomein III.6) via notariële tussenkomst en akte gerapporteerd, op separate wijze bekendgemaakt
09-03
State Gazette act Resignations & appointments
Power of attorney · Supersession · Mandate condition29 facts ▸
  • Board meeting, 20-02-2018
  • Power of attorney, Loïc BIOT
  • Power of attorney, Reinout CLAEYS
  • Power of attorney, Nicolas DE DEKEN
  • Power of attorney, Maarten DENECKERE
  • Power of attorney, Jean-Yves ECHEVIN
  • Power of attorney, Stephane FINET
  • Power of attorney, Michel HERYGERS
  • Power of attorney, Rumold LAMBRECHTS
  • Power of attorney, Michael LAVRY
  • Power of attorney, Stéphanie MASSCHELEIN
  • Power of attorney, Karel MENDONCK
  • +17 further facts in this act
04-01
State Gazette act Statutes amendment
1 fact ▸
  • Statutes amendment
2017
03-08
State Gazette act Appointments: Nico PRIEM, Lionel MATTHYSEN and 4 others
Officer condition8 facts ▸
  • Board meeting, 08-12-2016
  • Director appointment, Nico PRIEM (managing director)
  • Director appointment, Lionel MATTHYSEN (day-to-day manager)
  • Director appointment, François THOUMSIN (day-to-day manager)
  • Director appointment, Muriel DESPLANQUE (day-to-day manager)
  • Director appointment, Mieke SAS (day-to-day manager)
  • Director appointment, Rumold Lambrechts (day-to-day manager)
  • Officer condition
26-06
State Gazette act Resignation: Jo De Ro (director)
Appointment: Christian Viaene (director)5 facts ▸
  • Board meeting, 30-03-2017
  • Director resignation, Jo De Ro (director)
  • Director appointment, Christian Viaene (director)
  • General meeting, 16-05-2017
  • Director appointment, Christian Viaene (director)
07-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
13-12
State Gazette act Withdrawals: TELFIN (member) and GENFINA (member)
Admissions: Wind4Flanders (member) and BRUSSELSE ELEKTRICITEITSINTERCOMMUNALE (member) · Appointments: Ann PANIS, Franky DE GRAEVE and 6 others · Reappointments: Marc BEYENS, Thierry LAMBRECHT and 4 others28 facts ▸
  • Board meeting, 10-11-2016
  • General meeting, 21-11-2016
  • Share transfer, TELFIN → ELECTRABEL
  • Share transfer, ELECTRABEL → Wind4Flanders
  • Share transfer, GENFINA → BRUSSELSE ELEKTRICITEITSINTERCOMMUNALE
  • Share transfer, ELECTRABEL → Wind4Flanders
  • Capital increase, €1.000.000
  • Member resignation, TELFIN
  • Member resignation, GENFINA
  • Member admission, Wind4Flanders
  • Member admission, BRUSSELSE ELEKTRICITEITSINTERCOMMUNALE
  • Statutes amendment
  • +16 further facts in this act
09-12
State Gazette act Resignations & appointments
Power of attorney · Notary · Mandate condition26 facts ▸
  • Board meeting, 10-11-2016
  • Power of attorney, Tim BRIJS
  • Power of attorney, Jan CAERELS
  • Power of attorney, Reinout CLAEYS
  • Power of attorney, Maarten DENECKERE
  • Power of attorney, Daniele DI FIORE
  • Power of attorney, Stephane FINET
  • Power of attorney, Michel HERYGERS
  • Power of attorney, Rumold LAMBRECHTS
  • Power of attorney, Jean-Claude MOREL DE WESTGAVER
  • Power of attorney, Maaike ORTIBUS
  • Power of attorney, Nico PRIEM
  • +14 further facts in this act
12-04
State Gazette act Appointments: Nico PRIEM, Lionel MATTHYSEN and 3 others
Condition7 facts ▸
  • Board meeting, 23-12-2015
  • Director appointment, Nico PRIEM (managing director)
  • Director appointment, Lionel MATTHYSEN (day-to-day manager)
  • Director appointment, François THOUMSIN (day-to-day manager)
  • Director appointment, Mieke SAS (day-to-day manager)
  • Director appointment, Karen WARNIER (day-to-day manager)
  • Condition, De personen met bevoegdheid voor dagelijks bestuur (MATTHYSEN, THOUMSIN, SAS, WARNIER) treden twee aan twee op, dit óf onder elkaar óf met de Gedelegeerd Bestuu…
2015
28-12
State Gazette act Incorporation
Appointments: François THOUMSIN, Nico PRIEM and 5 others · Founding capital · Mandate compensation14 facts ▸
  • Incorporation, 21-12-2015
  • Founding capital, €100.050
  • Director appointment, François THOUMSIN (director)
  • Director appointment, Nico PRIEM (director)
  • Director appointment, Rumold LAMBRECHTS (director)
  • Director appointment, Marc BEYENS (director)
  • Director appointment, Thierry LAMBRECHT (director)
  • Director appointment, Lionel MATTHYSEN (director)
  • Mandate compensation, François THOUMSIN
  • Auditor appointment, DELOITTE, Bedrijfsrevisoren (statutory auditor)
  • Share subscription, 4000, 748
  • Share subscription, 1, 1
  • +2 further facts in this act
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
28 of 29 acts read
About the unread acts

Of the 29 Belgian State Gazette acts we know for this company, 28 have been read. The other one has not 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
15 directors, last change in 2026

Board 15

Nicolas Van den Abeele
Vice-chair · since 26-09-2024 · Director · since 09-03-2023
Current
Isabel Van Quickelberghe
Director · since 20-05-2025
Current
Willem Wevers
Director · since 20-05-2025
Current
Aart Geens
Director · since 27-11-2025
Current
Geert Dhooghe
Director · since 27-11-2025
Current
Current
Current
KINDT HENK
Director
Current
Show all 15 directors
Current
Luc Van Hove
Director
Current
Nico Priem
Director
Current
Current
Rik Soens
Director
Current
Current
Tom Bollaert
Director
Current
2 not recently confirmed
Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.
Jurger CALLAERTS
Director · since 21-05-2019
Not recently confirmed
VIAENE Christian
Director · since 19-05-2020
Not recently confirmed

Day-to-day management 2

Karen WARNIER
Day-to-day manager · since 23-12-2015
Not recently confirmed
Mieke SAS
Day-to-day manager · since 23-12-2015
Not recently confirmed

Statutory auditor 1

Deloitte Bedrijfsrevisoren
Auditor · since 23-12-2015 · perm. rep.: Jo Van Baelen
Current

Other functions 1

Erwin Boogaerts
Secretary · since 29-11-2018
Not recently confirmed
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
1 of this company's 29 Belgian State Gazette acts has not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
5,799 m²
Building footprint
2,489 m²
Volume, LiDAR
131,585 m³
Parcel 21813D0439/00P009, Brussels · tallest building 64.0 m, ±19 floors. Linked by address, not a title deed.
50 companies at this address See who is registered here
1 establishment unit
WIND 4 FLANDERS PROJECTS 3
Simon Bolivarlaan 36, 1000 BrusselProduction of electricity from non-renewable sources
since 20152.249.138.010
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21813D0439/00P009 Brussels 5,799 m² 1 · 2,489 m² 64.0 m · 19 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.

Mandate history

35 people since 2015, 21 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • Other function
  • not recently confirmed
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Lionel Matthysen
  • Director, from 21-12-2015 to date
  • Day-to-day manager, from 23-12-2015 ended, last mentioned 03-08-2017
Nico Priem
  • Director, from 21-12-2015 to 31-05-2024
  • Managing director, from 23-12-2015 ended, last mentioned 05-02-2019
  • Director, until 31-05-2024
  • Director, from 28-11-2024 to date
Harold Vanheel
  • Class B director, from 21-11-2016 to 19-05-2020
  • Director, already before 19-05-2020 to date
Luc Van Hove
  • Class B director, from 21-11-2016 to 19-05-2020
  • Director, already before 19-05-2020 to date
Rik Soens
  • Class B director, from 21-11-2016 to 19-05-2020
  • Director, already before 19-05-2020 to date
  • Chair, from 26-09-2024 ended, last mentioned 06-01-2025
KINDT HENK
  • Director, from 21-05-2019 to date
Tom Bollaert
  • Director, already before 19-05-2020 to date
Nicolas Van den Abeele
  • Director and chair, from 09-03-2023 to date
  • Vice-chair, from 26-09-2024 to date
Christophe Lamoureux
  • Director, from 05-12-2023 to date
Siegfried Vanhevel
  • Director, from 26-09-2024 to date
Isabel Van Quickelberghe
  • Director, from 20-05-2025 to date
Nicolas Van de Abeele
  • Director, already before 20-05-2025 to date
Willem Wevers
  • Director, from 20-05-2025 to date
Aart Geens
  • Director, from 27-11-2025 to date
Geert Dhooghe
  • Director, from 27-11-2025 to date
Deloitte Bedrijfsrevisoren
  • Auditor, from 23-12-2015 to date
VIAENE Christian
  • Director, from 30-03-2017 not ended, last confirmed 04-06-2020
Jurger CALLAERTS
  • Director, from 21-05-2019 not ended, last confirmed 22-08-2019
Karen WARNIER
  • Day-to-day manager, from 23-12-2015 not ended, last confirmed 12-04-2016
Mieke SAS
  • Day-to-day manager, from 23-12-2015 not ended, last confirmed 03-08-2017
Erwin Boogaerts
  • Secretary, from 29-11-2018 not ended, last confirmed 05-02-2019
Ann Naessens
  • Director, from 21-02-2019 to 08-06-2026
Valérie Duchesne
  • Class A director, from 21-11-2016 to 19-05-2020
  • Director, already before 19-05-2020 to 08-06-2026
Ann Panis
  • Class B director, from 21-11-2016 to 19-05-2020
  • Director, already before 19-05-2020 to 20-05-2025
Walter Van den Bossche
  • Director, from 17-05-2022 to 10-02-2025
Jurgen Callaerts
  • Director, already before 19-05-2020 to 02-10-2024
Muriel Desplanque
  • Day-to-day manager, from 08-12-2016 ended, last mentioned 03-08-2017
  • Director, from 21-02-2019 to 05-12-2023
Filip Meuleman
  • Vice-chair, from 19-11-2020 ended, last mentioned 08-01-2021
  • Director, from 19-11-2020 to 09-03-2023
THOUMSIN François Pierre Daniel
  • Director, from 21-12-2015 to 19-11-2020
  • Day-to-day manager, from 23-12-2015 ended, last mentioned 03-08-2017
LAMBRECHT Thierry
  • Director, from 21-12-2015 to 19-05-2020
Erik GYS
  • Class B director, from 21-11-2016 to 21-05-2019
Franky DE GRAEVE
  • Class B director, from 21-11-2016 to 21-05-2019
BEYENS Marc
  • Director, from 21-12-2015 to 24-04-2019
LAMBRECHTS Rumold
  • Director, from 21-12-2015 to 24-01-2019
  • Day-to-day manager, from 08-12-2016 ended, last mentioned 03-08-2017
Jo De Ro
  • Class B director, from 21-11-2016 to 16-05-2017
See the board, name and seat on a given date →

Articles of association

Purpose
De vennootschap heeft tot voorwerp, in eigen naam of in naam van derden, voor eigen rekening of voor rekening van derden, on-shore windenergieprojecten in België te realiseren, te…
Full purpose

De vennootschap heeft tot voorwerp, in eigen naam of in naam van derden, voor eigen rekening of voor rekening van derden, on-shore windenergieprojecten in België te realiseren, te beheren, te onderhouden en te exploiteren en met het oog hierop de nodige financieèle middelen te verwerven.

Structure & network

Part of the group ENGIE 57 companies Group, risk and exposure

Owners and holdings

4 owners

Chain of control

  1. WIND4FLANDERS 99.98%
  2. WIND4FLANDERS PROJECTS 3

Highest known parent: WIND4FLANDERS. The sources do not say who stands above it.

Owners 4

Holdings 0

The accounts to 31-12-2025 list no holdings, and no other source names one.

According to the 2025 annual accounts of WIND4FLANDERS PROJECTS 3 and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

22 connected companies
Linked via shared directors
Show 18 more companies with a shared director

Capital and shareholders

Shareholders according to the acts
Share transfer act of 13-12-2016 ↗
  • TELFIN to ELECTRABEL 1 share
  • ELECTRABEL to Wind4Flanders 340,000 shares
  • GENFINA to BRUSSELSE ELEKTRICITEITSINTERCOMMUNALE 1 share
  • ELECTRABEL to Wind4Flanders 340,000 shares

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 04-06-2020 Capital stated in the act · 8,000,050 EUR · 320,002 shares
  2. 13-12-2016 Capital increase of 1,000,000 EUR · 40,000 new shares
  3. 28-12-2015 Incorporation · 100,050 EUR · 4,002 shares

Recognitions · licences · registrations

Legal Entity Identifier

549300EW9C1F98MC1L10
live in the LEI register

Similar companies · same sector, comparable size

Of 814 companies in sector 35110 we hold annual accounts for 632. 216 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded23-12-2015
Fiscal year end31-12
Abbreviation NL W4F Projects 3
Activities, NACEBEL 2025
35110Production of electricity from non-renewable sources
Contact
E-invoicing
Reachable via Peppol
Peppol ID 0208:0644840855
Also 9925:BE0644840855
Registered 16-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.