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WIND4FLANDERS PROJECTS 4

Active
Public limited companyfounded 20169 yrs activeSimon Bolivarlaan 36, 1000 Brussel, BelgiumKBO/BCE: BE 0667.684.850
Summary

WIND4FLANDERS PROJECTS 4 has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.7m and a net result of €921,495. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 39% of 270 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability67▲+5
Solvency47▲+6
Growth85=
Track record100
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €700,000 at 30 days acceptable
Liquidity short (current ratio 0.57 against 1.4 in 2024; short-term debt: 11.1% and cash: 3% of total assets), and 78.4% of the assets are financed with debt.
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Signals

Six 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
21.6%
Return on assets
1.8%
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
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €10.7m
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 · 9 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 13 December 2016, WIND4FLANDERS PROJECTS 4 was incorporated, with a starting capital of EUR 500,050.12 In 2023 the registered office moved to Brussel.3 Of the 15 current board members, Harold Vanheel has served longest, since 2016.2 Revenue went from EUR 515,984 in 2018 to EUR 7.6 million in 2025.4

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 15-12-2016
  3. 3Belgian State Gazette, 04-04-2023
  4. 4National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€7.6m▼ 11.5%
2024 · €8.6m
EBIT margin
24.1%▼ 7.5pp
2024 · 31.6%
Net result
€921,495▼ 49.4%
2024 · €1.8m
Working capital
-€2.4m
2024 · €2.9m
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€8.4m▼ 19.1%€8.8m▲ 5.0%€17.1m▲ 93.9%€8.6m▼ 49.7%€7.6m▼ 11.5%
Operating result€3.2m▼ 45.3%€3.9m▲ 20.6%€10.3m▲ 163%€2.7m▼ 73.6%€1.8m▼ 32.5%
Net result€2.2mabove the sector's middle half▼ 50.1%€2.7mabove the sector's middle half▲ 21.9%€7.3mabove the sector's middle half▲ 176%€1.8mabove the sector's middle half▼ 75.2%€921,495within the sector's middle half▼ 49.4%
EBIT margin38.7%▼ 18.6pp44.4%▲ 5.7pp60.2%▲ 15.7pp31.6%▼ 28.6pp24.1%▼ 7.5pp
Equity€599,993within the sector's middle half▼ 53.8%€660,681within the sector's middle half▲ 10.1%€8.0mabove the sector's middle half▲ 1,111%€9.8mabove the sector's middle half▲ 22.7%€10.7mwithin the sector's middle half▲ 9.4%
Total assets€67.0mabove the sector's middle half▼ 11.9%€64.5mabove the sector's middle half▼ 3.7%€63.6mabove the sector's middle half▼ 1.4%€60.4mabove the sector's middle half▼ 5.0%€49.9mabove the sector's middle half▼ 17.5%
Debt€66.2m▼ 11.3%€63.5m▼ 4.0%€55.2m▼ 13.1%€50.0m▼ 9.3%€38.4m▼ 23.2%
Working capital-€2.3mbelow the sector's middle half-€3.7mbelow the sector's middle half▼ 56.8%€2.3mabove the sector's middle half€2.9mabove the sector's middle half▲ 25.1%-€2.4mbelow the sector's middle half
Solvency0.9%below the sector's middle half▼ 0.8pp1.0%below the sector's middle half▲ 0.1pp12.6%within the sector's middle half▲ 11.6pp16.3%within the sector's middle half▲ 3.7pp21.6%within the sector's middle half▲ 5.3pp
Current ratio0.73within the sector's middle half▼ 0.360.66below the sector's middle half▼ 0.071.31within the sector's middle half▲ 0.651.40within the sector's middle half▲ 0.090.57below the sector's middle half▼ 0.83
Return on assets (ROA)3.3%within the sector's middle half▼ 2.5pp4.1%within the sector's middle half▲ 0.9pp11.5%above the sector's middle half▲ 7.4pp3.0%within the sector's middle half▼ 8.5pp1.8%within the sector's middle half▼ 1.2pp
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
€0€5.0m€10.0mOperating result 2021: €3.2m€3.2mNet result 2021: €2.2m€2.2mOperating result 2022: €3.9m€3.9mNet result 2022: €2.7m€2.7mOperating result 2023: €10.3m€10.3mNet result 2023: €7.3m€7.3mOperating result 2024: €2.7m€2.7mNet result 2024: €1.8m€1.8mOperating result 2025: €1.8m€1.8mNet result 2025: €921,495€921,49520212022202320242025€0€5m€10mOperating result 2023: €10.3m€10mNet result 2023: €7.3m€7.3mOperating result 2024: €2.7m€2.7mNet result 2024: €1.8m€1.8mOperating result 2025: €1.8m€1.8mNet result 2025: €921,495€921,000202320242025
The operating result has fallen two years in a row; 2025 is 33% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €49.9m
Fixed assets €46.7m ▼ 7.0%
Current assets €3.2m ▼ 69.0%
Equity and liabilities €49.9m
Equity €10.7m ▲ 9.4%
Provisions €697,083 ▲ 18.6%
Debt €38.4m ▼ 23.2%
Debt's share of the balance-sheet total falls from 82.8% to 77.1%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€5.4m▼
2024 · €6.2m
Cash flow
€4.5m▼
2024 · €5.4m
Debt to equity
3.58▼
2024 · 5.09
ROE
8.6%▼
2024 · 18.5%
Interest coverage
3.46▲
2024 · 2.51
Debt ≤ 1 year
€5.5m▼
2024 · €7.3m
Debt > 1 year
€32.9m▼
2024 · €42.7m
Income taxes
€260,218▲
2024 · €204,029
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 0.4% 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 · 57 lines
Balance sheet Code20242025
Assets
Total assets20/58€60.4m€49.9m▼
Fixed assets21/28€50.2m€46.7m▼
Tangible fixed assets22/27€50.2m€46.7m▼
Plant, machinery and equipment23€50.2m€46.7m▼
Current assets29/58€10.2m€3.2m▼
Amounts receivable within one year40/41€5.5m€1.6m▼
Trade receivables40€1.0m€1.6m▲
Other amounts receivable41€4.5m-
Cash at bank and in hand54/58€4.5m€1.5m▼
Deferred charges and accrued income490/1€170,074€115,891▼
Equity and liabilities
Total equity and liabilities10/49€60.4m€49.9m▼
Equity10/15€9.8m€10.7m▲
Contributions10/11€500,000€500,000=
Capital10€500,000€500,000=
Issued capital100€500,000€500,000=
Reserves13€96,083€96,083=
Non-distributable reserves130/1€96,083€96,083=
Legal reserve130€96,083€96,083=
Profit (loss) carried forward14€9.2m€10.1m▲
Provisions and deferred taxes16€587,883€697,083▲
Provisions for liabilities and charges160/5€587,883€697,083▲
Other liabilities and charges164/5€587,883€697,083▲
Amounts payable17/49€50.0m€38.4m▼
Amounts payable after more than one year17€42.7m€32.9m▼
Financial debts170/4€42.7m€32.9m▼
Credit institutions173€42.7m€32.9m▼
Amounts payable within one year42/48€7.3m€5.5m▼
Current portion of amounts payable after more than one year42€4.9m€3.9m▼
Trade debts44€2.1m€1.3m▼
Suppliers440/4€2.1m€1.3m▼
Taxes, remuneration and social security45€317,422€365,339▲
Taxes450/3€317,422€365,339▲
Other amounts payable47/48€3,441€3,441=
Income statement Code20242025
Operating income70/76A€8.7m€7.6m▼
Turnover70€8.6m€7.6m▼
Other operating income74€131,296€30,912▼
Operating charges60/66A€6.0m€5.8m▼
Services and other goods61€2.4m€2.2m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3.5m€3.5m=
Provisions for liabilities and charges: additions (uses and reversals)635/8€109,200€109,200=
Other operating charges640/8€3,387€3,550▲
Operating profit (loss)9901€2.7m€1.8m▼
Financial income75/76B€1.8m€909,882▼
Recurring financial income75€1.8m€909,882▼
Other financial income752/9€1.8m€909,882▼
Financial charges65/66B€2.5m€1.6m▼
Recurring financial charges65€2.5m€1.6m▼
Debt charges650€2.5m€1.5m▼
Other financial charges652/9€16,345€12,024▼
Profit (loss) for the period before taxes9903€2.0m€1.2m▼
Income taxes67/77€204,029€260,218▲
Taxes670/3€270,000€260,218▼
Tax adjustments and reversals of tax provisions77€65,971-
Profit (loss) for the period9904€1.8m€921,495▼
Profit (loss) for the period to be appropriated9905€1.8m€921,495▼
Appropriation of the result
Profit (loss) to be appropriated9906€9.2m€10.1m▲
Profit (loss) brought forward from the previous period14P€7.4m€9.2m▲

The notes to these accounts (25 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€8.4m€9.3m€17.1m€8.7m€7.6m▼ 12.5%
Turnover70€8.4m€8.8m€17.1m€8.6m€7.6m▼ 11.5%
Other operating income74€10,549€469,395€35,454€131,296€30,912▼ 76.5%
Operating charges60/66A€5.2m€5.4m€6.8m€6.0m€5.8m▼ 3.4%
Services and other goods61€1.5m€1.7m€2.2m€2.4m€2.2m▼ 8.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3.5m€3.5m€3.5m€3.5m€3.5m=
Provisions for liabilities and charges: additions (uses and reversals)635/8€109,200€109,200€109,200€109,200€109,200=
Other operating charges640/8€5,743€2,633€967,507€3,387€3,550▲ 4.8%
Operating profit (loss)9901€3.2m€3.9m€10.3m€2.7m€1.8m▼ 32.5%
Financial income75/76B€0€7,785€1.6m€1.8m€909,882▼ 50.0%
Recurring financial income75€0€7,785€1.6m€1.8m€909,882▼ 50.0%
Other financial income752/9€0€7,785€1.6m€1.8m€909,882▼ 50.0%
Financial charges65/66B€777,389€714,522€2.5m€2.5m€1.6m▼ 37.8%
Recurring financial charges65€777,389€714,522€2.5m€2.5m€1.6m▼ 37.8%
Debt charges650€744,459€700,764€2.5m€2.5m€1.5m▼ 37.9%
Other financial charges652/9€32,930€13,758€13,592€16,345€12,024▼ 26.4%
Profit (loss) for the period before taxes9903€2.5m€3.2m€9.4m€2.0m€1.2m▼ 41.6%
Income taxes67/77€286,762€547,438€2.1m€204,029€260,218▲ 27.5%
Taxes670/3€314,481€547,438€2.1m€270,000€260,218▼ 3.6%
Tax adjustments and reversals of tax provisions77€27,719--€65,971--
Profit (loss) for the period9904€2.2m€2.7m€7.3m€1.8m€921,495▼ 49.4%
Profit (loss) for the period to be appropriated9905€2.2m€2.7m€7.3m€1.8m€921,495▼ 49.4%
Line20212022202320242025Change
Assets
Total assets20/58€67.0m€64.5m€63.6m€60.4m€49.9m▼ 17.5%
Fixed assets21/28€60.7m€57.3m€53.8m€50.2m€46.7m▼ 7.0%
Tangible fixed assets22/27€60.7m€57.3m€53.8m€50.2m€46.7m▼ 7.0%
Plant, machinery and equipment23€60.7m€57.3m€53.8m€50.2m€46.7m▼ 7.0%
Current assets29/58€6.3m€7.2m€9.9m€10.2m€3.2m▼ 69.0%
Amounts receivable within one year40/41€968,444€1.3m€8.7m€5.5m€1.6m▼ 71.7%
Trade receivables40€967,998€1.1m€4.2m€1.0m€1.6m▲ 50.4%
Other amounts receivable41€446€200,000€4.4m€4.5m--
Cash at bank and in hand54/58€5.2m€5.8m€1.0m€4.5m€1.5m▼ 67.2%
Deferred charges and accrued income490/1€141,817€126,106€177,909€170,074€115,891▼ 31.9%
Equity and liabilities
Total equity and liabilities10/49€67.0m€64.5m€63.6m€60.4m€49.9m▼ 17.5%
Equity10/15€599,993€660,681€8.0m€9.8m€10.7m▲ 9.4%
Contributions10/11€500,000€500,000€500,000€500,000€500,000=
Capital10€500,000€500,000€500,000€500,000€500,000=
Issued capital100€500,000€500,000€500,000€500,000€500,000=
Reserves13€96,083€96,083€96,083€96,083€96,083=
Non-distributable reserves130/1€96,083€96,083€96,083€96,083€96,083=
Legal reserve130€96,083€96,083€96,083€96,083€96,083=
Profit (loss) carried forward14€3,910€64,598€7.4m€9.2m€10.1m▲ 10.0%
Provisions and deferred taxes16€260,283€369,483€478,683€587,883€697,083▲ 18.6%
Provisions for liabilities and charges160/5€260,283€369,483€478,683€587,883€697,083▲ 18.6%
Other liabilities and charges164/5€260,283€369,483€478,683€587,883€697,083▲ 18.6%
Amounts payable17/49€66.2m€63.5m€55.2m€50.0m€38.4m▼ 23.2%
Amounts payable after more than one year17€57.5m€52.6m€47.6m€42.7m€32.9m▼ 23.1%
Financial debts170/4€57.5m€52.6m€47.6m€42.7m€32.9m▼ 23.1%
Credit institutions173€57.5m€52.6m€47.6m€42.7m€32.9m▼ 23.1%
Amounts payable within one year42/48€8.6m€10.9m€7.5m€7.3m€5.5m▼ 24.0%
Current portion of amounts payable after more than one year42€5.0m€4.9m€5.0m€4.9m€3.9m▼ 20.4%
Trade debts44€458,628€2.9m€1.3m€2.1m€1.3m▼ 38.1%
Suppliers440/4€458,628€2.9m€1.3m€2.1m€1.3m▼ 38.1%
Taxes, remuneration and social security45€337,863€546,170€1.2m€317,422€365,339▲ 15.1%
Taxes450/3€337,863€546,170€1.2m€317,422€365,339▲ 15.1%
Other amounts payable47/48€2.9m€2.6m€20,866€3,441€3,441=
Accrued charges and deferred income492/3€1,130-€14,210---
Line20212022202320242025Change
Profit (loss) for the period9904€2.2m€2.7m€7.3m€1.8m€921,495▼ 49.4%
+ Depreciation and write-downs630€3.5m€3.5m€3.5m€3.5m€3.5m=
Operating cash flow (approximation)€5.7m€6.2m€10.9m€5.4m€4.5m▼ 16.8%
Investment in fixed assets (approximation)--€107,308-€10,273€0€0-
Change in cash-€579,142-€4.7m€3.5m-€3.1m▼ 187%

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 resignation, Valérie Duchesne (director)
  • Director appointment, Aart Geens (director)
  • Director resignation, Ann Naessens (director)
27-05
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Equity above €10mEq €10.7m ▲9.4%
8 profitable years in a row build equity to €10.7m.
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
20-01
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 attorney25 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
  • +13 further facts in this act
2024
11-12
State Gazette act Resignation: Jurgen Callaerts (director)
1 fact ▸
  • Director resignation, Jurgen Callaerts (director)
24-07
State Gazette act Appointment: Christophe Lamoureux (director)
2 facts ▸
  • General meeting, 21-05-2024
  • Director appointment, Christophe Lamoureux (director)
16-07
State Gazette act Resignation: Nico Priem (director)
1 fact ▸
  • Director resignation, Nico Priem (director)
23-05
NBB filing Annual accounts filed
fiscal year 2023 · full schema
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)
Show earlier events
2023
31-12
Financial Highest result since 2018net €7.3m ▲176%
Operating result €10.3m, net result €7.3m, both a record.
31-12
Financial Equity above €5mEq €8.0m ▲1,111%
6 profitable years in a row build equity to €8.0m.
02-08
State Gazette act Appointment: Nicolas Van den Abeele (director)
3 facts ▸
  • General meeting, 16-05-2023
  • Director appointment, Nicolas Van den Abeele (director)
  • Director appointment, Nicolas Van den Abeele (director)
05-07
State Gazette act Miscellaneous
Power of attorney14 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
  • +2 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 conversion36 facts ▸
  • General meeting, 19-05-2020
  • Legal-form conversion, Naamloze vennootschap
  • Net-asset statement, 29-02-2020
  • Capital, €500.000
  • 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)
  • +24 further facts in this act
25-05
NBB filing Annual accounts filed
fiscal year 2019 · full schema
06-01
State Gazette act Statutes amendment
Power of attorney5 facts ▸
  • Statutes amendment
  • Statutes amendment
  • Power of attorney, WIND4FLANDERS PROJECTS 4
  • Power of attorney, Stéphanie Ernaelsteeri
  • Power of attorney, Amélie Gessel
2019
24-12
State Gazette act Statutes amendment
Power of attorney5 facts ▸
  • Statutes amendment
  • Statutes amendment
  • Power of attorney, WIND4FLANDERS PROJECTS 4
  • Power of attorney, Stéphanie Ernaelsteen
  • Power of attorney, Amélie Gessel
30-07
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, Jurgen CALLAERTS (director)
  • Director resignation, Franky DE GRAEVE (director)
  • Director appointment, Henk KINDT (director)
  • Auditor reappointment, Deloitte Bedrijfsrevisoren cvba (statutory auditor)
03-06
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 attorney6 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, Nico Priem
  • Power of attorney, François Thoumsin
24-01
State Gazette act Capital & shares
Power of attorney · Condition · Supersession26 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
  • +14 further facts in this act
2018
15-06
State Gazette act Appointment: Christiaan VIAENE (director)
Resignation: Jo De Ro (director)3 facts ▸
  • General meeting, 15-05-2018
  • Director appointment, Christiaan VIAENE (director)
  • Director resignation, Jo De Ro (director)
18-05
NBB filing Annual accounts filed
fiscal year 2017 · full schema
16-03
State Gazette act Resignations & appointments
Power of attorney21 facts ▸
  • Board meeting, 20-02-2018
  • Power of attorney, Nico Priem
  • Power of attorney, Muriel Desplanque
  • Power of attorney, Maria Sas
  • Power of attorney, Lionel Matthysen
  • Power of attorney, François Thomsin
  • Power of attorney, Valérie Duchesne
  • Power of attorney, Marc Beyens
  • Power of attorney, Thierry Lambrecht
  • Power of attorney, Rumold Lambrechts
  • Power of attorney, Lionel Matthysen
  • Power of attorney, Nico Priem
  • +9 further facts in this act
09-03
State Gazette act Resignations & appointments
Power of attorney · Mandate condition · Mandate replacement30 facts ▸
  • Board meeting, 20-02-2018
  • Power of attorney, Loic 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
  • +18 further facts in this act
2017
22-03
State Gazette act Resignations & appointments
Power of attorney · Mandate condition19 facts ▸
  • Board meeting, 16-02-2017
  • 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, Stéphane 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
  • +7 further facts in this act
2016
15-12
State Gazette act Incorporation
Appointments: Marc BEYENS, Franky DE GRAEVE and 13 others · Permanent representative: Dirk Cleymans · Founding capital22 facts ▸
  • Incorporation, 08-12-2016
  • Founding capital, €500.050
  • Share issue, 20000
  • Share issue, 1
  • Share issue, 1
  • Director appointment, Marc BEYENS (class A director)
  • Director appointment, Franky DE GRAEVE (class B director)
  • Director appointment, Jo DE RO (class B director)
  • Director appointment, Valérie DUCHESNE (class A director)
  • Director appointment, Erik GYS (class B director)
  • Director appointment, Thierry LAMBRECHT (class A director)
  • Director appointment, Rumold LAMBRECHTS (class A director)
  • +10 further facts in this act
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
26 of 27 acts read
About the unread acts

Of the 27 Belgian State Gazette acts we know for this company, 26 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.
Christiaan VIAENE
Director · since 15-05-2018
Not recently confirmed
Not recently confirmed

Statutory auditor 1

Deloitte Bedrijfsrevisoren
Auditor · since 13-12-2016 · 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 27 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 2016
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
WIND4flanders Projects 4
Simon Bolivarlaan 36, 1000 BrusselProduction of electricity from non-renewable sources
since 20162.259.450.989
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

33 people since 2016, 19 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
Harold Vanheel
  • Class B director, from 08-12-2016 to 19-05-2020
  • Director, already before 04-06-2020 to date
Lionel Matthysen
  • Class A director, from 08-12-2016 to 19-05-2020
  • Director, already before 04-06-2020 to date
Luc Van Hove
  • Class B director, from 08-12-2016 to 19-05-2020
  • Director, already before 04-06-2020 to date
Nico Priem
  • Class A director, from 08-12-2016 to 19-05-2020
  • Managing director, from 24-01-2019 ended, last mentioned 05-02-2019
  • Director, already before 04-06-2020 to 31-05-2024
  • Director, until 31-05-2024
  • Director, from 28-11-2024 to date
Rik Soens
  • Class B director, from 08-12-2016 to 19-05-2020
  • Director, already before 04-06-2020 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, 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 13-12-2016 to date
Christiaan VIAENE
  • Director, from 15-05-2018 not ended, last confirmed 15-06-2018
VIAENE Christian
  • Director, already before 19-05-2020 not ended, last confirmed 04-06-2020
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 08-12-2016 to 19-05-2020
  • Director, already before 04-06-2020 to 08-06-2026
Ann Panis
  • Class B director, from 08-12-2016 to 19-05-2020
  • Director, already before 04-06-2020 to 20-05-2025
Walter Van den Bossche
  • Director, from 17-05-2022 to 16-01-2025
Jurgen Callaerts
  • Director, from 21-05-2019 to 02-10-2024
Muriel Desplanque
  • 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
  • Class A director, from 08-12-2016 to 19-05-2020
  • Director, already before 04-06-2020 to 19-11-2020
Thierry Lambrecht
  • Class A director, from 08-12-2016 to 19-05-2020
Erik GYS
  • Class B director, from 08-12-2016 to 21-05-2019
Franky DE GRAEVE
  • Class B director, from 08-12-2016 to 21-05-2019
Marc BEYENS
  • Class A director, from 08-12-2016 to 12-04-2019
Rumold Lambrechts
  • Class A director, from 08-12-2016 to 24-01-2019
Jo De Ro
  • Class B director, from 08-12-2016 to 15-05-2018
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 financiële 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 4

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 4 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

Capital over the years
  1. 04-06-2020 Capital stated in the act · 500,000 EUR · 20,000 shares
  2. 15-12-2016 Incorporation · 500,050 EUR · 20,002 shares

Recognitions · licences · registrations

Legal Entity Identifier

2549000EZ3FUDB47OM63
live in the LEI register

Similar companies · same sector, comparable size

Of 814 companies in sector 35110 we hold annual accounts for 632. 248 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
Founded13-12-2016
Fiscal year end31-12
Abbreviation NL W4F Projects 4
Activities, NACEBEL 2025
35110Production of electricity from non-renewable sources
35150Electricity, gas, steam and air conditioning supply
Contact
E-invoicing
Reachable via Peppol
Peppol ID 0208:0667684850
Also 9925:BE0667684850
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.