WINDBAG
ActiveWINDBAG has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €330k and a net result of €37k. Equity is growing by ~36.2% per year across the filed fiscal years. Its solvency ranks better than 64% of 2291 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▼-7
Solvency71=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 1.67 against 1.58 in 2024; short-term debt: 53.5% and cash: 57.7% of total assets), but 54.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
45.6%
Return on assets
5.1%
Age of the figures
9 mo
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 07-05-2026, 85 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
85 d early
2024
8 d late
2023
22 d late
2022
5 d early
2021
29 d late
2020
101 d late
2019
33 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€330k▲ 12.6%
2024 · €293k
2018: €65k
2019: €34k
2020: €42k
2021: €80k
2022: €188k
2023: €225k
2024: €293k
2018 → 2025
Total assets
€723k▲ 12.6%
2024 · €643k
2018: €715k
2019: €563k
2020: €502k
2021: €499k
2022: €630k
2023: €630k
2024: €643k
2018 → 2025
Net result
€37k▼ 46.1%
2024 · €69k
2018: €135k
2019: €-31k
2020: €8k
2021: €38k
2022: €108k
2023: €37k
2024: €69k
2018 → 2025
Working capital
€257k▲ 27.7%
2024 · €202k
2018: €-61k
2019: €-28k
2020: €-15k
2021: €50k
2022: €186k
2023: €149k
2024: €202k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€80k-€188k▲ 134%€225k▲ 19.4%€293k▲ 30.6%€330k▲ 12.6%
Operating result€54k-€160k▲ 195%€73k▼ 54.5%€122k▲ 67.2%€63k▼ 48.6%
Net result€38k-€108k▲ 181%€37k▼ 66.1%€69k▲ 87.9%€37k▼ 46.1%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 49% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €723k
Fixed assets
€79k▼ 13.9%
Current assets
€644k▲ 17.0%
Equity and liabilities €723k
Equity
€330k▲ 12.6%
Debt
€393k▲ 12.6%
The debt ratio stays at 54.4%.
Key figures and ratios
EBITDA
€79k▼
2024 · €136k
Cash flow
€53k▼
2024 · €82k
Solvency
45.6%=
2024 · 45.6%
Current ratio
1.67▲
2024 · 1.58
Quick ratio
1.67▲
2024 · 1.58
Debt / equity
1.19▼
2024 · 1.19
ROE
11.2%▼
2024 · 23.4%
ROA
5.1%▼
2024 · 10.7%
Interest coverage
6.51▼
2024 · 6.74
Debt
€393k▲
2024 · €349k
Debt ≤ 1 year
€387k▲
2024 · €349k
Income taxes
€19k▼
2024 · €36k
Staff costs
€126k▲
2024 · €125k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€643k€723k▲
Fixed assets21/28€92k€79k▼
Tangible fixed assets22/27€90k€78k▼
Land and buildings22€58k€50k▼
Plant, machinery and equipment23€20k€19k▼
Furniture and vehicles24€12k€9k▼
Financial fixed assets28€1k€1k=
Current assets29/58€551k€644k▲
Amounts receivable within one year40/41€48k€27k▼
Trade receivables40€48k€27k▼
Current investments50/53-€200k
Cash at bank and in hand54/58€503k€418k▼
Equity and liabilities
Total equity and liabilities10/49€643k€723k▲
Equity10/15€293k€330k▲
Contributions10/11€19k€19k=
Reserves13€113k€149k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€111k€148k▲
Profit (loss) carried forward14€162k€162k▲
Amounts payable17/49€349k€393k▲
Amounts payable within one year42/48€349k€387k▲
Current portion of amounts payable after more than one year42€3k-
Trade debts44€22k€13k▼
Suppliers440/4€22k€13k▼
Advances received on contracts in progress46€6k€3k▼
Taxes, remuneration and social security45€68k€89k▲
Taxes450/3€49k€71k▲
Remuneration and social security454/9€19k€19k▼
Other amounts payable47/48€251k€282k▲
Accrued charges and deferred income492/3-€6k
Income statement
Code20242025
Remuneration, social security and pensions62€125k€126k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€16k▲
Other operating charges640/8€5k€8k▲
Gross operating margin9900€266k€213k▼
Operating profit (loss)9901€122k€63k▼
Financial income75/76B€2k€5k▲
Recurring financial income75€2k€5k▲
Financial charges65/66B€20k€12k▼
Recurring financial charges65€20k€12k▼
Profit (loss) for the period before taxes9903€104k€56k▼
Income taxes67/77€36k€19k▼
Profit (loss) for the period9904€69k€37k▼
Profit (loss) for the period to be appropriated9905€69k€37k▼
Appropriation of the result
Profit (loss) to be appropriated9906€231k€199k▼
Profit (loss) brought forward from the previous period14P€162k€162k▲
Transfer to equity691/2€69k€37k▼
To other reserves6921€69k€37k▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
08-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 8 days late
2024
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Equity above €200kEq €225k ▲19.4%
4 profitable years in a row build equity to €225k.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €150kEq €188k ▲134%
3 profitable years in a row build equity to €188k.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 29 days late
2021
09-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 101 days late
2020
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
02-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 33 days late
2019
31-12
Financial
Weakest financial yearnet €-31k ▼123%
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 10 days late
2017
24-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ukkel · 1 establishment unit since 1984
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Victor Allardstraat 881180 UkkelGround area
5,849 m²
Building footprint
261 m²
Volume, LiDAR
2,932 m³
Parcel 21616A0160/00N004, Brussels · tallest building 20.6 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Victor Allardstraat 88, 1180 Ukkel
since 19842.026.276.055
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21616A0160/00N004 | Brussels | 5,849 m² | 1 · 261 m² | 20.6 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 6,728 companies in sector 93299 we hold annual accounts for 1,168. 707 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-12-1984
Fiscal year end31-12
Activities, NACEBEL
82300Organisation of conventions and trade shows
93299Other amusement and recreation activities
55203Holiday cottages, homes and apartments
68203Renting and operating of own or leased non-residential real estate, excluding land
90021Arts creation and performing arts activities
90022Arts creation and performing arts activities
90391Promotion and organisation of arts and performing arts events
90392Design and construction of stages and sets
91030Libraries, archives, museums and other cultural activities
91220Libraries, archives, museums and other cultural activities
Sources
Crossroads Bank for EnterprisesNational Bank · 41 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:02/370.61.10