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Wind4Flanders Projects Beta

Active
Public limited companyfounded 20205 yrs activeSimon Bolivarlaan 36, 1000 Brussel, BelgiumKBO/BCE: BE 0759.994.208
Summary

Wind4Flanders Projects Beta has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20.8m and a net result of -€44,606. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 70% of 270 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability79▲+22
Solvency77▲+1
Growth85▲+17
Track record94
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €340,000 at 30 days acceptable
Liquidity short (current ratio 0.24 against 0.11 in 2024; short-term debt: 25.7% and cash: 2.2% of total assets), and 47.6% 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
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
52.4%
Return on assets
-0.1%
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 26-05-2026, 66 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
66 d early
2024
70 d early
2023
68 d early
2022
62 d early
2021
68 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 5 accounts on average 67 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.
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

Wind4Flanders Projects Beta was incorporated on 18 December 2020 as a Public limited company by ELECTRABEL NV, with a starting capital of EUR 100,000.12 The registered office was moved to Brussel in 2023.3 In 2025 the capital was increased by EUR 18 million to EUR 19 million.4 The board currently has 15 members; Ann Naessens has served longest, since 2020.2 Revenue grew from EUR 1.1 million in 2022 to EUR 3.5 million in 2025.5

  1. 1Crossroads Bank for Enterprises
  2. 2Belgian State Gazette, 22-12-2020
  3. 3Belgian State Gazette, 26-04-2023
  4. 4Belgian State Gazette, 02-01-2025
  5. 5National Bank, annual accounts 2022 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€3.5m▼ 14.2%
2024 · €4.1m
EBIT margin
9.2%▼ 25.9pp
2024 · 35.1%
Net result
-€44,606▲ 83.3%
2024 · -€266,440
Working capital
-€7.7m▲ 56.8%
2024 · -€17.9m
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€1.1m€6.5m▲ 465%€4.1m▼ 37.0%€3.5m▼ 14.2%
Operating result-€154,907-€442,264€4.2m▲ 847%€1.4m▼ 65.9%€321,442▼ 77.5%
Net result-€161,327below the sector's middle half-€413,839within the sector's middle half€2.7mabove the sector's middle half▲ 558%-€266,440below the sector's middle half-€44,606below the sector's middle half▲ 83.3%
EBIT margin38.7%64.8%▲ 26.2pp35.1%▼ 29.7pp9.2%▼ 25.9pp
Equity-€61,327below the sector's middle half-€352,512within the sector's middle half€3.1mwithin the sector's middle half▲ 772%€21.2mabove the sector's middle half▲ 590%€20.8mabove the sector's middle half▼ 2.1%
Total assets€12.2mwithin the sector's middle half-€34.9mwithin the sector's middle half▲ 187%€44.2mabove the sector's middle half▲ 26.8%€41.3mabove the sector's middle half▼ 6.6%€39.6mwithin the sector's middle half▼ 4.1%
Debt€12.2m-€34.5m▲ 182%€41.1m▲ 19.1%€20.0m▼ 51.3%€18.7m▼ 6.6%
Working capital-€12.1m--€33.8m▼ 179%-€38.0m▼ 12.4%-€17.9m▲ 52.8%-€7.7m▲ 56.8%
Solvency-0.5%below the sector's middle half-1.0%below the sector's middle half▲ 1.5pp6.9%below the sector's middle half▲ 5.9pp51.3%within the sector's middle half▲ 44.4pp52.4%within the sector's middle half▲ 1.1pp
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
-€2.0m€0€2.0m€4.0mOperating result 2021: -€154,907-€154,907Net result 2021: -€161,327-€161,327Operating result 2022: €442,264€442,264Net result 2022: €413,839€413,839Operating result 2023: €4.2m€4.2mNet result 2023: €2.7m€2.7mOperating result 2024: €1.4m€1.4mNet result 2024: -€266,440-€266,440Operating result 2025: €321,442€321,442Net result 2025: -€44,606-€44,60620212022202320242025-€2m€0€2m€4mOperating result 2023: €4.2m€4.2mNet result 2023: €2.7m€2.7mOperating result 2024: €1.4m€1.4mNet result 2024: -€266,440-€266,000Operating result 2025: €321,442€321,000Net result 2025: -€44,606-€44,600202320242025
The operating result has fallen two years in a row; 2025 is 78% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €39.6m
Fixed assets €37.2m ▼ 5.2%
Current assets €2.4m ▲ 16.0%
Equity and liabilities €39.6m
Equity €20.8m ▼ 2.1%
Provisions €151,900 ▲ 49.7%
Debt €18.7m ▼ 6.6%
Debt's share of the balance-sheet total falls from 48.4% to 47.2%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2.5m▼
2024 · €3.6m
Cash flow
€2.2m▲
2024 · €1.9m
Current ratio
0.24▲
2024 · 0.11
Debt to equity
0.90▼
2024 · 0.94
ROE
-0.2%▲
2024 · -1.3%
ROA
-0.1%▲
2024 · -0.6%
Interest coverage
5.99▲
2024 · 2.10
Debt ≤ 1 year
€10.2m▼
2024 · €20.0m
Debt > 1 year
€8.5m
Income taxes
-€3,974▲
2024 · -€66,395
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 251 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.

  • Large
  • solvency 30% or more
  • a small loss
  • without age
0.4% went bankrupt
4.8% stopped otherwise
94% still going

A further 0.8% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

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 251 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 · 60 lines
Balance sheet Code20242025
Assets
Total assets20/58€41.3m€39.6m▼
Fixed assets21/28€39.2m€37.2m▼
Tangible fixed assets22/27€39.2m€37.2m▼
Plant, machinery and equipment23€39.2m€37.2m▼
Current assets29/58€2.1m€2.4m▲
Amounts receivable within one year40/41€1.3m€1.5m▲
Trade receivables40€1.3m€1.5m▲
Other amounts receivable41€25,000€19,235▼
Cash at bank and in hand54/58€699,665€885,500▲
Deferred charges and accrued income490/1€102,148€85,527▼
Equity and liabilities
Total equity and liabilities10/49€41.3m€39.6m▼
Equity10/15€21.2m€20.8m▼
Contributions10/11€18.5m€18.5m=
Capital10€18.5m€18.5m=
Issued capital100€18.5m€18.5m=
Reserves13€10,000€10,000=
Non-distributable reserves130/1€10,000€10,000=
Legal reserve130€10,000€10,000=
Profit (loss) carried forward14€2.7m€2.3m▼
Provisions and deferred taxes16€101,500€151,900▲
Provisions for liabilities and charges160/5€101,500€151,900▲
Other liabilities and charges164/5€101,500€151,900▲
Amounts payable17/49€20.0m€18.7m▼
Amounts payable after more than one year17-€8.5m
Financial debts170/4-€8.5m
Other loans174-€8.5m
Amounts payable within one year42/48€20.0m€10.2m▼
Current portion of amounts payable after more than one year42-€1.0m
Financial debts43€10.6m-
Other loans439€10.6m-
Trade debts44€9.3m€8.7m▼
Suppliers440/4€9.3m€8.7m▼
Taxes, remuneration and social security45€56,223€84,691▲
Taxes450/3€56,223€84,691▲
Other amounts payable47/48-€400,000
Income statement Code20242025
Operating income70/76A€4.7m€3.5m▼
Turnover70€4.1m€3.5m▼
Other operating income74€578,513€33,435▼
Operating charges60/66A€3.2m€3.2m▼
Services and other goods61€982,146€960,664▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2.2m€2.2m▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€50,400€50,400=
Other operating charges640/8€888€0▼
Operating profit (loss)9901€1.4m€321,442▼
Financial income75/76B€4,005€50,888▲
Recurring financial income75€4,005€50,888▲
Income from current assets751€4,005€50,888▲
Financial charges65/66B€1.8m€420,910▼
Recurring financial charges65€1.8m€420,910▼
Debt charges650€1.7m€420,469▼
Other financial charges652/9€40,863€441▼
Profit (loss) for the period before taxes9903-€332,835-€48,579▲
Income taxes67/77-€66,395-€3,974▲
Tax adjustments and reversals of tax provisions77€66,395€3,974▼
Profit (loss) for the period9904-€266,440-€44,606▲
Profit (loss) for the period to be appropriated9905-€266,440-€44,606▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.7m€2.7m▼
Profit (loss) brought forward from the previous period14P€3.0m€2.7m▼
Profit to be distributed694/7-€400,000
Return on contributions (dividend)694-€400,000

The notes to these accounts (27 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A-€1.1m€7.5m€4.7m€3.5m▼ 24.1%
Turnover70-€1.1m€6.5m€4.1m€3.5m▼ 14.2%
Other operating income74--€1.1m€578,513€33,435▼ 94.2%
Operating charges60/66A€154,907€701,685€3.4m€3.2m€3.2m▼ 0.4%
Services and other goods61€148,907€172,541€795,845€982,146€960,664▼ 2.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€395,542€1.9m€2.2m€2.2m▲ 0.4%
Provisions for liabilities and charges: additions (uses and reversals)635/8-€8,400€42,700€50,400€50,400=
Other operating charges640/8€6,000€125,201€572,245€888€0▼ 100%
Operating profit (loss)9901-€154,907€442,264€4.2m€1.4m€321,442▼ 77.5%
Financial income75/76B-€0€9,272€4,005€50,888▲ 1,171%
Recurring financial income75-€0€9,272€4,005€50,888▲ 1,171%
Income from current assets751--€9,272€4,005€50,888▲ 1,171%
Other financial income752/9-€0€0---
Financial charges65/66B€6,419€28,425€1.4m€1.8m€420,910▼ 76.2%
Recurring financial charges65€6,419€28,425€1.4m€1.8m€420,910▼ 76.2%
Debt charges650€5,698€4,911€1.4m€1.7m€420,469▼ 75.6%
Other financial charges652/9€722€23,514€31,351€40,863€441▼ 98.9%
Profit (loss) for the period before taxes9903-€161,327€413,839€2.8m-€332,835-€48,579▲ 85.4%
Income taxes67/77--€70,369-€66,395-€3,974▲ 94.0%
Taxes670/3--€70,369---
Tax adjustments and reversals of tax provisions77---€66,395€3,974▼ 94.0%
Profit (loss) for the period9904-€161,327€413,839€2.7m-€266,440-€44,606▲ 83.3%
Profit (loss) for the period to be appropriated9905-€161,327€413,839€2.7m-€266,440-€44,606▲ 83.3%
Line20212022202320242025Change
Assets
Total assets20/58€12.2m€34.9m€44.2m€41.3m€39.6m▼ 4.1%
Fixed assets21/28€12.1m€34.1m€41.1m€39.2m€37.2m▼ 5.2%
Tangible fixed assets22/27€12.1m€34.1m€41.1m€39.2m€37.2m▼ 5.2%
Plant, machinery and equipment23-€18.7m€41.1m€39.2m€37.2m▼ 5.2%
Assets under construction and advance payments27€12.1m€15.5m€0---
Current assets29/58€102,773€748,415€3.2m€2.1m€2.4m▲ 16.0%
Amounts receivable within one year40/41€82,163€715,261€2.3m€1.3m€1.5m▲ 12.9%
Trade receivables40€27,620€609,124€2.2m€1.3m€1.5m▲ 13.6%
Other amounts receivable41€54,542€106,137€9,272€25,000€19,235▼ 23.1%
Cash at bank and in hand54/58-€3,062€844,515€699,665€885,500▲ 26.6%
Deferred charges and accrued income490/1€20,610€30,092€52,652€102,148€85,527▼ 16.3%
Equity and liabilities
Total equity and liabilities10/49€12.2m€34.9m€44.2m€41.3m€39.6m▼ 4.1%
Equity10/15-€61,327€352,512€3.1m€21.2m€20.8m▼ 2.1%
Contributions10/11€100,000€100,000€100,000€18.5m€18.5m=
Capital10€100,000€100,000€100,000€18.5m€18.5m=
Issued capital100€100,000€100,000€100,000€18.5m€18.5m=
Reserves13-€10,000€10,000€10,000€10,000=
Non-distributable reserves130/1-€10,000€10,000€10,000€10,000=
Legal reserve130-€10,000€10,000€10,000€10,000=
Profit (loss) carried forward14-€161,327€242,512€3.0m€2.7m€2.3m▼ 16.5%
Provisions and deferred taxes16-€8,400€51,100€101,500€151,900▲ 49.7%
Provisions for liabilities and charges160/5-€8,400€51,100€101,500€151,900▲ 49.7%
Environmental obligations163-€8,400----
Other liabilities and charges164/5--€51,100€101,500€151,900▲ 49.7%
Amounts payable17/49€12.2m€34.5m€41.1m€20.0m€18.7m▼ 6.6%
Amounts payable after more than one year17----€8.5m-
Financial debts170/4----€8.5m-
Other loans174----€8.5m-
Amounts payable within one year42/48€12.2m€34.5m€41.1m€20.0m€10.2m▼ 49.1%
Current portion of amounts payable after more than one year42----€1.0m-
Financial debts43€3.5m€20.3m€31.0m€10.6m--
Other loans439€3.5m€20.3m€31.0m€10.6m--
Trade debts44€8.7m€14.1m€9.2m€9.3m€8.7m▼ 6.9%
Suppliers440/4€8.7m€14.1m€9.2m€9.3m€8.7m▼ 6.9%
Taxes, remuneration and social security45-€131,201€798,037€56,223€84,691▲ 50.6%
Taxes450/3-€131,201€798,037€56,223€84,691▲ 50.6%
Other amounts payable47/48--€131,620-€400,000-
Accrued charges and deferred income492/3€1,201-----
Line20212022202320242025Change
Profit (loss) for the period9904-€161,327€413,839€2.7m-€266,440-€44,606▲ 83.3%
+ Depreciation and write-downs630-€395,542€1.9m€2.2m€2.2m▲ 0.4%
Operating cash flow (approximation)-€161,327€809,381€4.7m€1.9m€2.2m▲ 12.0%
Investment in fixed assets (approximation)--€22.5m-€8.9m-€311,346-€151,270▲ 51.4%
Change in cash--€841,453-€144,850€185,834▲ 228%

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
26-05
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
10-11
State Gazette act Permanent representative: Jo Van Baelen
1 fact ▸
  • Permanent representative, Jo Van Baelen
07-07
State Gazette act Resignations: Rik Soens, Luc Van Hove and 11 others
Reappointments: Rik Soens, Luc Van Hove and 10 others · Appointments: Isabel Van Quickelberghe (director) and Willem Wevers (director)28 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)
  • +16 further facts in this act
22-05
NBB filing Annual accounts filed
fiscal year 2024 · full schema
14-01
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 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
02-01
State Gazette act Appointments: Siegfried Vanhevel (director) and Nico Priem (director)
Resignations: Nico Priem (director) and Walter Van den Bossche (director) · Capital increase · Capital7 facts ▸
  • General meeting, 19-12-2024
  • Capital increase, €18.400.000
  • Capital, €18.500.000
  • Director appointment, Siegfried Vanhevel (director)
  • Director appointment, Nico Priem (director)
  • Director resignation, Nico Priem (director)
  • Director resignation, Walter Van den Bossche (director)
2024
31-12
Financial Weakest financial yearnet -€266,440
Net result drops to -€266,440, the lowest in the series; recovery starts the following year.
31-12
Financial Equity above €10mEq €21.2m ▲590%
Equity rises from €3.1m to €21.2m.
19-11
State Gazette act Resignation: Jurgen Callaerts (director)
1 fact ▸
  • Director resignation, Jurgen Callaerts (director)
24-07
State Gazette act Appointment: Christophe Lamoureux (director)
Reappointment: Deloitte Bedrijfsrevisoren (statutory auditor)3 facts ▸
  • General meeting, 21-05-2024
  • Director appointment, Christophe Lamoureux (director)
  • Auditor reappointment, Deloitte Bedrijfsrevisoren
16-07
State Gazette act Resignation: Nico Priem (director)
1 fact ▸
  • Director resignation, Nico Priem (director)
Show earlier events
24-05
NBB filing Annual accounts filed
fiscal year 2023 · full schema
19-03
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 2021net €2.7m ▲558%
Operating result €4.2m, net result €2.7m, both a record.
31-12
Financial Equity above €2mEq €3.1m ▲772%
2 profitable years in a row build equity to €3.1m.
27-07
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 attorney · Mandate replacement · Mandate condition18 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
26-04
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
31-12
Financial Back to profitnet €413,839
Net result €413,839 after one loss-making year.
31-12
Financial Equity above €200,000Eq €352,512
Equity rises from -€61,327 to €352,512.
01-07
State Gazette act Resignation: Christian Viaene (director)
Appointment: Walter Van den Bossche (director)3 facts ▸
  • General meeting, 17-05-2022
  • Director resignation, Christian Viaene (director)
  • Director appointment, Walter Van den Bossche (director)
24-05
NBB filing Annual accounts filed
fiscal year 2021 · full schema
07-01
State Gazette act Appointments: Jurgen Callaerts, Henk Kindt and 5 others
8 facts ▸
  • General meeting, 23-12-2021
  • Director appointment, Jurgen Callaerts (class B director)
  • Director appointment, Henk Kindt (class B director)
  • Director appointment, Christian Viaene (class B director)
  • Director appointment, Ann Panis (class B director)
  • Director appointment, Rik Soens (class B director)
  • Director appointment, Harold Vanheel (class B director)
  • Director appointment, Luc Van Hove (class B director)
2021
24-06
State Gazette act Miscellaneous
Power of attorney19 facts ▸
  • Board meeting, 18-06-2021
  • Power of attorney, Loïc BIOT
  • Power of attorney, Erwin BOOGAERTS
  • Power of attorney, Reinout CLAEYS
  • 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, Filip MEULEMAN
  • Power of attorney, Jean-Claude MOREL DE WESTGAVER
  • Power of attorney, Nico PRIEM
  • +7 further facts in this act
2020
22-12
State Gazette act Incorporation
Appointments: MEULEMAN Filip, PRIEM Nico and 6 others · Founding capital · Bank account19 facts ▸
  • Incorporation, 17-12-2020
  • Founding capital, €100.000
  • Bank account, bijzondere rekening geopend op naam van de vennootschap in oprichting
  • Director appointment, MEULEMAN Filip (director)
  • Director appointment, PRIEM Nico (director)
  • Director appointment, NAESSENS Ann (director)
  • Director appointment, MATTHYSEN Lionel (director)
  • Director appointment, BOLLAERT Tom (director)
  • Director appointment, DESPLANQUE Muriel (director)
  • Director appointment, DUCHESNE Valérie (director)
  • Mandate compensation, MEULEMAN Filip
  • Mandate compensation, PRIEM Nico
  • +7 further facts in this act
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
16 of 18 acts read
About the unread acts

Of the 18 Belgian State Gazette acts we know for this company, 16 have been read. The other 2 have 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 2025

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
Ann Naessens
Director
Current
Current
Current
KINDT HENK
Director
Current
Current
Show all 15 directors
Luc Van Hove
Director
Current
Nico Priem
Director
Current
Current
Rik Soens
Director
Current
Current
Tom Bollaert
Director
Current
Current

Statutory auditor 1

Deloitte Bedrijfsrevisoren
Auditor · since 18-12-2020
Current
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
2 of this company's 18 Belgian State Gazette acts have 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
exact location from the address register On OpenStreetMap
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 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

22 people since 2020, 16 in office
Show
  • Board
  • Statutory auditor
  • began earlier
Mandates per person, with start and end dates
Name Functions and periods
Ann Naessens
  • Director, from 17-12-2020 to date
Lionel Matthysen
  • Director, from 17-12-2020 to date
Nico Priem
  • Director, from 17-12-2020 to 31-05-2024
  • Director, until 31-05-2024
  • Director, until 26-09-2024
  • Director, from 28-11-2024 to date
Tom Bollaert
  • Director, from 17-12-2020 to date
Valérie Duchesne
  • Director, from 17-12-2020 to date
Harold Vanheel
  • Class B director, from 23-12-2021 to 20-05-2025
  • Director, already before 07-07-2025 to date
KINDT HENK
  • Class B director, from 23-12-2021 to 20-05-2025
  • Director, already before 07-07-2025 to date
Luc Van Hove
  • Class B director, from 23-12-2021 to 20-05-2025
  • Director, already before 07-07-2025 to date
Rik Soens
  • Class B director, from 23-12-2021 to 20-05-2025
  • Chair, from 26-09-2024 ended, last mentioned 06-01-2025
  • Director, already before 07-07-2025 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
Deloitte Bedrijfsrevisoren
  • Auditor, from 18-12-2020 to date
Ann Panis
  • Class B director, from 23-12-2021 to 20-05-2025
Walter Van den Bossche
  • Director, from 17-05-2022 to 28-11-2024
  • Director, until 10-01-2025
Jurgen Callaerts
  • Class B director, from 23-12-2021 to 02-10-2024
DESPLANQUE Muriel
  • Director, from 17-12-2020 to 05-12-2023
MEULEMAN Filip
  • Director, from 17-12-2020 to 09-03-2023
VIAENE Christian
  • Class B director, from 23-12-2021 to 17-05-2022
See the board, name and seat on a given date →

Articles of association

Purpose
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

Owners and holdings

1 owner

Chain of control

  1. WIND4FLANDERS 100%
  2. Wind4Flanders Projects Beta

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

Owners 1

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 Beta 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

17 connected companies
Linked via shared directors
ELECTRABEL
via Nicolas Van den Abeele · Daily management delegate
→
→
HET PORTAAL
via KINDT HENK · Director
→
Show 13 more companies with a shared director

Capital and shareholders

Shareholders according to the acts
At incorporation act of 22-12-2020 ↗

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

Capital over the years
  1. 02-01-2025 Capital increase of 18,400,000 EUR · to 18,500,000 EUR · “verhoging van de fractiewaarde van de bestaande aandelen”
  2. 22-12-2020 Incorporation · 100,000 EUR · 1,000 shares

Similar companies · same sector, comparable size

Of 814 companies in sector 35110 we hold annual accounts for 632. 183 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
Founded18-12-2020
Fiscal year end31-12
Activities, NACEBEL 2025
35110Production of electricity from non-renewable sources
35140Electricity, gas, steam and air conditioning supply
E-invoicing
Reachable via Peppol
Peppol ID 0208:0759994208
Also 9925:BE0759994208
Registered 16-12-2025

Register as of 27 September 2026 · Peppol Directory

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