Debts
€743,707 82% of the balance sheet
Financial debts 50%Suppliers 39%Taxes and wages 3%Other 9%
Of this, €376,053 falls due within a year.
WINDELS
Lifetime
20 annual accounts with figures on one time axis, 29 filings since 1997peak €909,079 (2016)
€535,854▲ 7.2%
lowest -€103,536 (2017)
-€6,849▼ €28,990
peak €218,790 (2013)
€164,249▼ 4.0%
€743,707▼ 11.8%
peak 14.7 FTE (2016)
6.7 FTE▲ 15.5%
Board2 names since 2017
1 director
Documentsfilings and deeds
30-07-20261 day before the deadline
2025abbreviated format
Loss of €6,849Staff from 5.8 FTE to 6.7 FTECash from €53,629 to €35,467
Key points
from the 2025 annual accountsChecked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,453 companies had the same profile as WINDELS has now. Each dot stands for 7 companies, two years later.
93.1%
were still trading
5.1%
stopped another way
1.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,453 companies, not a prediction for WINDELS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0459578377
Change of role: , from manager to director
Director discharge: · Gazette deed
Resignation: (manager)
General meeting of 01-01-2017 · Gazette deed
First establishment
WINDELS BVBA, Leynseelstraat 94, Avelgem
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| WINDELS Avelgem | €0.9m | €535,854 | 18.1% | 6.7 |
| Vamo Heusden-Zolder | €0.8m | €509,475 | 90.0% | 7.5 |
| LIEVENS TECHNICS Haaltert | €0.9m | €606,000 | 48.5% | 6.9 |
| VAN CAUWENBERGHE Damme | €0.9m | €783,558 | 43.8% | 6.1 |
| GOEMAERE INSTALLATIEBEDRIJF Diksmuide | €1.2m | €531,578 | 62.5% | 6.3 |
| A & J DE SAEDELEER Torhout | €1.1m | €704,184 | 58.2% | 6.2 |
| DUMOULIN KOELTECHNIEK Roeselare | €1.3m | €668,142 | 64.6% | 5.3 |
These companies have the same main activity as WINDELS: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €830,000 and €1.3m, founded between 1988 and 2001.
Official details
Source: KBO- Status
- Active since 31-12-1996Normal situation
- Activity
- Installation of electric heating, air conditioning, cooling and ventilationNACE 43222and 3 others
- Joint committees
- 124Construction
- 200Auxiliary committee for white-collar workers · annual accounts 2022
- Establishment unit
- 2.079.875.1868580 Avelgem, since 10-01-1997
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Annual accounts 2025
- ≈ €1.4mestimated
- €907,957▼ 10.5%
- Employeeson 31-12-2025
- 8▲ 33.3%
- Filing
- Filed on 30-07-2026, 1 day before the end of the filing period
Insights on WINDELS
WINDELS files the abbreviated format. That format states no turnover. The gross margin rose from €163,171 in 2006 to €535,854 in 2025.
The balance sheet grew most from 2007 to 2009 through fixed assets, financed with long-term debt.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about WINDELS
- What is the company number of WINDELS?
- The company number of WINDELS is 0459.578.377. The VAT number is the same number with BE in front: BE 0459.578.377.
- Where is WINDELS based?
- The registered office is at Leynseelstraat 94, 8580 Avelgem.Company details
- What does WINDELS do?
- According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
- What is the legal form of WINDELS?
- WINDELS is a private limited company (BV).
- When was WINDELS founded?
- WINDELS was founded on 31-12-1996.
- Is WINDELS still active?
- Yes, WINDELS is an active enterprise in the KBO register.
- How many employees does WINDELS have?
- WINDELS had an average of 6.7 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does WINDELS fall under?
- In its 2022 annual accounts, WINDELS states joint committees 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of WINDELS?
- The turnover in financial year 2025 is ≈ €1.4m. This figure is estimated from the gross margin of €535,854 and 46 comparable companies (NACE 432). It probably lies between €1.2m and €1.7m.
- Is WINDELS profitable?
- In financial year 2025, WINDELS made a loss of €6,849.
- Where can I find the annual accounts of WINDELS?
- WINDELS filed 29 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of WINDELS due?
- WINDELS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check See which support similar companies received that this one did not.Subsidies
See how customers, suppliers and banks see your own company and what to improve first.