Wind4Flanders Projects Beta
ActiveSummary
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).
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Signals
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)
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
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Financials · fiscal year 2025, full schema
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.
Peer companies
Historical observationOf 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
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%.
| 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| 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% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| 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 | - | - | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| 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.
Timeline · acts, filings and financial milestones
10-11
State Gazette act
Permanent representative: Jo Van Baelen1 fact ▸
- Permanent representative, Jo Van Baelen
07-07
State Gazette act
Resignations: Rik Soens, Luc Van Hove and 11 othersReappointments: 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
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)
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
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)
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
MiscellaneousPower 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
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
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)
07-01
State Gazette act
Appointments: Jurgen Callaerts, Henk Kindt and 5 others8 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)
24-06
State Gazette act
MiscellaneousPower 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
22-12
State Gazette act
IncorporationAppointments: 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
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.
Directors · office · real estate
Board 15
Show all 15 directors
Statutory auditor 1
Not every act has been read: a resignation may be missing here
1 parcel
| 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
Mandate history
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| Ann Naessens |
|
| Lionel Matthysen |
|
| Nico Priem |
|
| Tom Bollaert |
|
| Valérie Duchesne |
|
| Harold Vanheel |
|
| KINDT HENK |
|
| Luc Van Hove |
|
| Rik Soens |
|
| Nicolas Van den Abeele |
|
| Christophe Lamoureux |
|
| Siegfried Vanhevel |
|
| Isabel Van Quickelberghe |
|
| Nicolas Van de Abeele |
|
| Willem Wevers |
|
| Deloitte Bedrijfsrevisoren |
|
| Ann Panis |
|
| Walter Van den Bossche |
|
| Jurgen Callaerts |
|
| DESPLANQUE Muriel |
|
| MEULEMAN Filip |
|
| VIAENE Christian |
|
Articles of association
Structure & network
Owners and holdings
1 ownerChain of control
- WIND4FLANDERS
- Wind4Flanders Projects Beta
Highest known parent: WIND4FLANDERS. The sources do not say who stands above it.
Owners 1
-
100%
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 companiesShow 13 more companies with a shared director
Capital and shareholders
- ELECTRABEL NV (BE 0403.170.701)
The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.
- 02-01-2025 Capital increase of 18,400,000 EUR · to 18,500,000 EUR · “verhoging van de fractiewaarde van de bestaande aandelen”
- 22-12-2020 Incorporation · 100,000 EUR · 1,000 shares
Similar companies · same sector, comparable size
Identification & contact
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.