WINDERMERE
InactiveFrom the official registers: KBO 17 annual accounts at the National Bank publications in the Belgian Official Gazette
Financials · financial year 2025, micro format
2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00508160.
Latest annual accounts filed
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 31-08-2026
- Format
- micro format
- Reference
- 2026-00508160
Turnover
≈ €3,900
Estimated: probably between €1,800 and €9,300
Total assets
€594,722▲ 0.7%
2024 · €590,741
Net result
-€1,482
2024 · €8,791
Working capital
€578,531=
2024 · €578,578
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result stays negative: a loss of €1,740 in 2025 against €3,867 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result-€0.002m
2025
Net result-€0.001m
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€0.6m
2025
Equity€0.6m
2025
Debt€0.01m
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.6m
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.02m-€0.04m▲ 150%€0.05m▲ 17.6%€0.01m▼ 76.7%-€0.02m-€0.004m▲ 78.4%-€0.004m▲ 13.8%-€0.002m▲ 55.0%
Net result€0.01m-€0.02m▲ 115%€2.8m▲ 115×€0.6m▼ 79.9%-€0.02m€0.005m€0.009m▲ 93.5%-€0.001m
Equity€0.4m-€0.4m▲ 6.1%€2.8m▲ 547%€0.6m▼ 78.8%€0.6m▼ 2.6%€0.6m▲ 0.8%€0.6m▲ 1.5%€0.6m▼ 0.3%
Total assets€0.9m-€0.5m▼ 43.6%€2.9m▲ 455%€0.6m▼ 78.0%€0.6m▼ 9.1%€0.6m▲ 0.4%€0.6m▲ 2.3%€0.6m▲ 0.7%
Debt€0.5m-€0.09m▼ 82.6%€0.1m▲ 15.0%€0.04m▼ 56.5%€0.003m▼ 94.1%€0.001m▼ 79.9%€0.005m▲ 786%€0.01m▲ 115%
Working capital-€0.07m--€0.04m▲ 37.7%€2.8m€0.6m▼ 79.1%€0.6m▼ 2.4%€0.6m▲ 1.1%€0.6m▲ 1.8%€0.6m=
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €594,722
Fixed assets
€5,979 ▼ 19.4%
Current assets
€588,743 ▲ 0.9%
Equity and liabilities €594,722
Equity
€584,510 ▼ 0.3%
Debt
€10,212 ▲ 115%
Debt's share of the balance-sheet total rises from 0.8% to 1.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€305▲
2024 · -€2,432
Cash flow
-€47▼
2024 · €10,226
Current ratio
57.65
Debt to equity
0.02▲
2024 · 0.01
ROE
-0.3%▼
2024 · 1.5%
ROA
-0.2%▼
2024 · 1.5%
Interest coverage
-1.94▲
2024 · -14.68
Debt ≤ 1 year
€10,212▲
2024 · €4,748
Income taxes
€18,132▲
2024 · €3,200
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €472 | €472 | €0.002m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Other operating charges640/8 | - | - | - | €348 | €0.001m | €384 | - | €0.001m | - |
| Gross operating margin9900 | €0.02m | €0.04m | €0.05m | €0.01m | -€0.02m | -€0.003m | -€0.002m | €0.001m | - |
| Operating profit (loss)9901 | €0.02m | €0.04m | €0.05m | €0.01m | -€0.02m | -€0.004m | -€0.004m | -€0.002m | ▲ 55.0% |
| Financial income75/76B | - | - | - | €0.6m | €0.005m | €0.009m | €0.02m | €0.02m | ▲ 15.7% |
| Recurring financial income75 | €385 | €248 | €0.5m | €0.2m | €0.005m | €0.009m | €0.02m | €0.02m | ▲ 15.7% |
| Non-recurring financial income76B | - | - | - | €0.4m | - | - | - | - | - |
| Financial charges65/66B | - | - | - | €88 | €140 | €162 | €166 | €158 | ▼ 4.8% |
| Recurring financial charges65 | €21 | €0.003m | €143 | €88 | €140 | €162 | €166 | €158 | ▼ 4.8% |
| Profit (loss) for the period before taxes9903 | €0.02m | €0.04m | €2.8m | €0.6m | -€0.02m | €0.005m | €0.01m | €0.02m | ▲ 38.8% |
| Income taxes67/77 | €0.004m | €0.01m | €0.01m | €0.02m | - | - | €0.003m | €0.02m | ▲ 467% |
| Profit (loss) for the period9904 | €0.01m | €0.02m | €2.8m | €0.6m | -€0.02m | €0.005m | €0.009m | -€0.001m | - |
| Profit (loss) for the period to be appropriated9905 | €0.01m | €0.02m | €2.8m | €0.6m | -€0.02m | €0.005m | €0.009m | -€0.001m | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €0.9m | €0.5m | €2.9m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | ▲ 0.7% |
| Fixed assets21/28 | €0.5m | €0.5m | €0.01m | €0.01m | €0.01m | €0.009m | €0.007m | €0.006m | ▼ 19.4% |
| Tangible fixed assets22/27 | €0.001m | €472 | €0.01m | €0.01m | €0.01m | €0.009m | €0.007m | €0.006m | ▼ 19.4% |
| Furniture and vehicles24 | - | - | - | €0.01m | €0.01m | €0.009m | €0.007m | €0.006m | ▼ 19.4% |
| Financial fixed assets28 | €0.5m | €0.5m | - | - | - | - | - | - | - |
| Current assets29/58 | €0.4m | €0.05m | €2.9m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | ▲ 0.9% |
| Amounts receivable within one year40/41 | €0.001m | €0.002m | €2.8m | €0.4m | €0.5m | €0.4m | €0.6m | €0.6m | ▲ 1.1% |
| Trade receivables40 | - | - | - | - | - | - | €0.002m | €0.005m | ▲ 171% |
| Other amounts receivable41 | - | - | - | €0.4m | €0.5m | €0.4m | €0.6m | €0.6m | ▲ 0.6% |
| Cash at bank and in hand54/58 | €0.4m | €0.05m | €0.03m | €0.2m | €0.05m | €0.2m | €0.002m | €491 | ▼ 71.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €0.9m | €0.5m | €2.9m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | ▲ 0.7% |
| Equity10/15 | €0.4m | €0.4m | €2.8m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | ▼ 0.3% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.02m | €0.02m | €0.02m | €0.02m | €0.02m | = |
| Reserves13 | €0.002m | €0.002m | €2.8m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | ▼ 0.3% |
| Non-distributable reserves130/1 | - | - | - | €0.002m | - | - | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €0.002m | - | - | - | - | - |
| Distributable reserves133 | - | - | - | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | ▼ 0.3% |
| Profit (loss) carried forward14 | €0.4m | €0.4m | - | - | - | - | - | - | - |
| Amounts payable17/49 | €0.5m | €0.09m | €0.1m | €0.04m | €0.003m | €0.001m | €0.005m | €0.01m | ▲ 115% |
| Amounts payable within one year42/48 | €0.5m | €0.09m | €0.1m | €0.04m | €0.003m | €0.001m | €0.005m | €0.01m | ▲ 115% |
| Trade debts44 | - | - | €0.004m | €198 | €0.003m | €0.001m | €0.002m | €0.002m | ▲ 22.2% |
| Suppliers440/4 | - | - | - | €198 | €0.003m | €0.001m | €0.002m | €0.002m | ▲ 22.2% |
| Taxes, remuneration and social security45 | - | - | - | €0.03m | - | - | €0.003m | €0.008m | ▲ 160% |
| Taxes450/3 | - | - | - | €0.02m | - | - | €0.003m | €0.008m | ▲ 160% |
| Remuneration and social security454/9 | - | - | - | €0.02m | - | - | - | - | - |
| Other amounts payable47/48 | - | - | - | €0.01m | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €0.01m | €0.02m | €2.8m | €0.6m | -€0.02m | €0.005m | €0.009m | -€0.001m | - |
| + Depreciation and write-downs630 | €472 | €472 | €0.002m | €0.001m | €0.001m | €0.001m | €0.001m | €0.001m | = |
| Operating cash flow (approximation) | €0.01m | €0.03m | €2.8m | €0.6m | -€0.01m | €0.006m | €0.01m | -€47 | - |
| Investment in fixed assets (approximation) | - | €0 | €0.5m | €0 | €0 | €0 | €0 | €0 | - |
| Change in cash | - | -€0.4m | -€0.02m | €0.2m | -€0.2m | €0.1m | -€0.2m | -€0.001m | ▲ 99.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 17 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 31-08-2026 | 2026-00508160 | NBB |
| 31-12-2024 | micro format | 31-08-2026 | 2026-00508290 | NBB |
| 31-12-2023 | micro format | 30-12-2024 | 2025-00002524 | |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00421246 | |
| 31-12-2021 | micro format | 29-08-2022 | 2022-20352363 | |
| 31-12-2020 | micro format | 27-08-2021 | 2021-61500424 | |
| 31-12-2019 | micro format | 10-08-2020 | 2020-40400530 | |
| 31-12-2018 | micro format | 27-08-2019 | 2019-55700399 | |
| 31-12-2017 | micro format | 29-08-2018 | 2018-60100183 | |
| 31-12-2016 | micro format | 03-08-2017 | 2017-42100571 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.