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WINDFARM SANKT-VITH

Active
Public limited companyfounded 2008active for 18 yearsHütte 79, 4700 Eupen, BelgiumKBO/BCE: BE 0899.949.172
Summary

WINDFARM SANKT-VITH has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.2m and a net result of €1.0m. Equity has been stable since 2018 (±2.4% per year). Its solvency ranks better than 85% of 352 sector peers (NACE 35, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 11-08-2008 Normal situation
Registered office
45 active companies are registered at this address 4 started in the 12 months before. Source: KBO register, as of 2 November 2026.
Activity
Production of electricity from non-renewable sources NACE 35110and 3 others
Establishment unit
2.177.312.280 4700 Eupen, since 07-04-2009
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
  • Banque Degroof SADirector · since 19-04-2018
  • Grégoire GordetDirector · since 15-06-2022
  • Schroeder GabyDirector · since 15-06-2025
Shareholders
  • ENOVOS Green Power2025 annual accounts of ENOVOS Green Power
  • Encevo S.A.annual accounts 2025
  • BMR GREEN ENERGY30-06-2025 annual accounts of BMR GREEN ENERGY

Financial position

97 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€1.9m
▼ 47.7%
Turnover
≈ €3.3m
estimated
Profit
€1.0m
▼ 53.8%
Equity
€4.2m
▼ 1.9%
Total assets
€5.8m
▼ 37.0%
Score breakdownlowers riskSize: total assets €5.8mLiquidity: current ratio 4.15, cash €3.3mFigures for financial year 2025 (filed on 22-06-2026)Founded in 2008Show the evidence

Checked score

Score 2025
97 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 76% of small companies in electricity, gas and steam (NACE 35)
Financial strength · tick: 2024
Strong
Solvency 97+26
equity 72.4% of total assets
Liquidity 93+40
short-term debt 20.7% · cash 55.9%
Profitability 90-8
return on assets 17.3%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (254 companies, NACE 35, small)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026highest value 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €410,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.15 (1.66 in 2024), above the usual 1.5. Short-term debt is 20.7% and cash 55.9% of total assets. 27.6% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 35, small). It does better than 87% of them on solvency, 96% on liquidity, 92% on profitability and 30% on growth.

The bankruptcy probability was computed on 02-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Size: total assets €5.8m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Liquidity: current ratio 4.15, cash €3.3m
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 22-06-2026)
NBB · annual accounts
lowers risk · Founded in 2008
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
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 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
39 days early
2024
21 days early
2023
13 days early
2022
233 days late
2021
24 days early
2020
31 days early
2019
31 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 11 days after the deadline. In the sector (NACE 35), the median for financial year 2024 was 22 days before the deadline, and 27% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 10 July (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Result fell in 2025from €2.2m to €1.0m ▼ 53.8% View
  • Positive: Higher solvency than 84% of companies in electricity, gas and steamsector median 28.1% · 352 companies 72.4% View
  • Positive: 8 profitable years in a rowprofit 2025: €1.0m 8 years View

Recent changes

  1. · Gazette deed Resignation: Herbert Grommes (director)Appointment: Gaby Schröder (director)
  2. · Gazette deed Resignation: Georg Melchers (director)
  3. · Gazette deed Permanent representatives: Raf Cox and Melissa Carton
All 22 events

Comparable companies

These companies have the same main activity as WINDFARM SANKT-VITH: production of electricity from non-renewable sources (NACE 35110). They are comparable in size and age: total assets between €5.6m and €6.6m, founded between 2008 and 2010.

CompanyTotal assetsGross margin
WINDFARM SANKT-VITH Eupen€5.8m€1.9m
ARTELCO Kortrijk€6.0m€2.3m
GREEN BASE Heusden-Zolder€6.6m€1.5m
ORKA PUURS Londerzeel€5.7m€1.6m
Greenfrun Dentergem€5.8m€1.1m
INVESTMENTS IN RENEWABLE ENERGY Heusden-Zolder€6.4m€1.3m
VANHEEDE WINDPOWER Quévy€5.6m€1.0m
Full comparison

Key facts about WINDFARM SANKT-VITH

What is the company number of WINDFARM SANKT-VITH?
The company number of WINDFARM SANKT-VITH is 0899.949.172. The VAT number is the same number with BE in front: BE 0899.949.172.
Where is WINDFARM SANKT-VITH based?
The registered office is at Hütte 79, 4700 Eupen.Company details
What does WINDFARM SANKT-VITH do?
According to the KBO register, the main activity is production of electricity from non-renewable sources (NACE 35110).
What is the legal form of WINDFARM SANKT-VITH?
The legal form of WINDFARM SANKT-VITH is Public limited company (NV).
When was WINDFARM SANKT-VITH founded?
WINDFARM SANKT-VITH was founded on 11-08-2008.
Is WINDFARM SANKT-VITH still active?
Yes, WINDFARM SANKT-VITH is an active enterprise in the KBO register.
What is the turnover of WINDFARM SANKT-VITH?
The turnover in financial year 2025 is ≈ €3.3m. This figure is estimated from the gross margin of €1.9m and 1,584 comparable companies of the same size. It probably lies between €2.3m and €5.5m. It is a rough estimate.Financials
Is WINDFARM SANKT-VITH profitable?
In financial year 2025, WINDFARM SANKT-VITH made a profit of €1.0m.
Where can I find the annual accounts of WINDFARM SANKT-VITH?
WINDFARM SANKT-VITH filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of WINDFARM SANKT-VITH due?
WINDFARM SANKT-VITH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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