WINDI
ActiveSummary
WINDI has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €36,198 and a net result of €24,589. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 54% of 37969 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+25
Solvency87▲+52
Growth69▲+17
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000 at 30 days only on tighter terms
Liquidity tight (current ratio 1.27 against 7.73 in 2023; short-term debt: 37.7% and cash: 30.9% of total assets), and 37.7% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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 · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €36,198
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 04-01-2026, 157 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
157 d late
2023
522 d late
2022
313 d late
2021
318 d late
2020
202 d late
2019
216 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 288 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Turnover
€73,070▲ 150%
2022 · €29,193
EBIT margin
44.9%▲ 30.6pp
2022 · 14.3%
Net result
€24,589▲ 322%
2023 · €5,823
Working capital
€5,900▼ 92.3%
2023 · €76,638
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€35,083▼ 67.8%€29,193€73,070
Operating result-€27,960€29,414€4,170▼ 85.8%€6,800▲ 63.1%€32,820▲ 383%
Net result-€3,686below the sector's middle half€19,066within the sector's middle half€5,175within the sector's middle half▼ 72.9%€5,823within the sector's middle half▲ 12.5%€24,589within the sector's middle half▲ 322%
EBIT margin-79.7%▼ 108.0pp14.3%44.9%
Equity-€18,454below the sector's middle half▼ 25.0%€611below the sector's middle half€5,786below the sector's middle half▲ 846%€11,610below the sector's middle half▲ 101%€36,198within the sector's middle half▲ 212%
Total assets€417,649within the sector's middle half▼ 44.1%€104,761below the sector's middle half▼ 74.9%€113,775within the sector's middle half▲ 8.6%€117,486within the sector's middle half▲ 3.3%€58,130below the sector's middle half▼ 50.5%
Debt€436,103▼ 42.7%€104,149▼ 76.1%€107,989▲ 3.7%€105,877▼ 2.0%€21,932▼ 79.3%
Working capital-€290,458below the sector's middle half▲ 56.0%€71,411within the sector's middle half€68,538within the sector's middle half▼ 4.0%€76,638within the sector's middle half▲ 11.8%€5,900within the sector's middle half▼ 92.3%
Solvency-4.4%below the sector's middle half▼ 2.4pp0.6%below the sector's middle half▲ 5.0pp5.1%below the sector's middle half▲ 4.5pp9.9%below the sector's middle half▲ 4.8pp62.3%within the sector's middle half▲ 52.4pp
Current ratio0.16below the sector's middle half▲ 0.148.39above the sector's middle half▲ 8.236.08above the sector's middle half▼ 2.317.73above the sector's middle half▲ 1.651.27within the sector's middle half▼ 6.46
Return on assets (ROA)-0.9%below the sector's middle half▼ 5.0pp18.2%above the sector's middle half▲ 19.1pp4.5%within the sector's middle half▼ 13.7pp5.0%within the sector's middle half▲ 0.4pp42.3%above the sector's middle half▲ 37.3pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 383% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €58,130
Fixed assets
€30,298 ▲ 2.9%
Current assets
€27,832 ▼ 68.4%
Equity and liabilities €58,130
Equity
€36,198 ▲ 212%
Debt
€21,932 ▼ 79.3%
Debt's share of the balance-sheet total falls from 90.1% to 37.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€34,908▲
2023 · €9,555
Cash flow
€26,677▲
2023 · €8,578
Debt to equity
0.61▼
2023 · 9.12
ROE
67.9%▲
2023 · 50.2%
Interest coverage
274.87▲
2023 · 93.02
Debt ≤ 1 year
€21,932▲
2023 · €11,392
Income taxes
€9,830▲
2023 · €2,472
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.4%
went bankrupt
5.9%
stopped otherwise
93%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
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 31,349 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.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €35,083 | - | €29,193 | - | €73,070 | - |
| Non-recurring operating income76A | - | €35,477 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €28,948 | - | €35,808 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20,205 | €5,408 | €4,376 | €2,755 | €2,088 | ▼ 24.2% |
| Other operating charges640/8 | - | €4,617 | €273 | €1,318 | €2,354 | ▲ 78.6% |
| Non-recurring operating charges66A | - | - | €8,000 | - | - | - |
| Gross operating margin9900 | €96 | €39,439 | €16,818 | €10,873 | €37,262 | ▲ 243% |
| Operating profit (loss)9901 | -€27,960 | €29,414 | €4,170 | €6,800 | €32,820 | ▲ 383% |
| Financial income75/76B | - | €1,457 | €3,664 | €1,599 | €1,726 | ▲ 8.0% |
| Recurring financial income75 | - | €1,457 | €3,664 | €1,599 | €1,726 | ▲ 8.0% |
| Financial charges65/66B | - | €6,631 | €90 | €103 | €127 | ▲ 23.6% |
| Recurring financial charges65 | €236 | €6,631 | €90 | €103 | €127 | ▲ 23.6% |
| Profit (loss) for the period before taxes9903 | -€3,686 | €24,240 | €7,744 | €8,296 | €34,419 | ▲ 315% |
| Income taxes67/77 | - | €5,174 | €2,570 | €2,472 | €9,830 | ▲ 298% |
| Profit (loss) for the period9904 | -€3,686 | €19,066 | €5,175 | €5,823 | €24,589 | ▲ 322% |
| Profit (loss) for the period to be appropriated9905 | -€3,686 | €19,066 | €5,175 | €5,823 | €24,589 | ▲ 322% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €417,649 | €104,761 | €113,775 | €117,486 | €58,130 | ▼ 50.5% |
| Fixed assets21/28 | €362,889 | €23,685 | €31,733 | €29,456 | €30,298 | ▲ 2.9% |
| Tangible fixed assets22/27 | €362,889 | €23,685 | €31,733 | €29,456 | €30,298 | ▲ 2.9% |
| Plant, machinery and equipment23 | - | €16,577 | €25,151 | €25,000 | €25,000 | = |
| Furniture and vehicles24 | - | €7,108 | €6,583 | €4,456 | €5,298 | ▲ 18.9% |
| Current assets29/58 | €54,760 | €81,076 | €82,042 | €88,030 | €27,832 | ▼ 68.4% |
| Amounts receivable after more than one year29 | - | - | - | €81,365 | €9,856 | ▼ 87.9% |
| Trade receivables290 | - | - | - | €81,365 | €9,856 | ▼ 87.9% |
| Amounts receivable within one year40/41 | €53,801 | €80,731 | €74,765 | €1,256 | - | - |
| Trade receivables40 | - | €28,258 | €9,759 | €1,256 | - | - |
| Other amounts receivable41 | - | €52,473 | €65,006 | - | - | - |
| Cash at bank and in hand54/58 | €622 | €7 | €6,940 | €5,410 | €17,976 | ▲ 232% |
| Deferred charges and accrued income490/1 | - | €337 | €337 | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €417,649 | €104,761 | €113,775 | €117,486 | €58,130 | ▼ 50.5% |
| Equity10/15 | -€18,454 | €611 | €5,786 | €11,610 | €36,198 | ▲ 212% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Profit (loss) carried forward14 | -€37,046 | -€17,981 | -€12,806 | -€6,982 | €17,606 | ▲ 352% |
| Amounts payable17/49 | €436,103 | €104,149 | €107,989 | €105,877 | €21,932 | ▼ 79.3% |
| Amounts payable within one year42/48 | €345,218 | €9,665 | €13,504 | €11,392 | €21,932 | ▲ 92.5% |
| Financial debts43 | - | €340 | - | - | - | - |
| Credit institutions430/8 | - | €340 | - | - | - | - |
| Trade debts44 | €6,004 | €4,150 | €5,761 | €5,015 | €11,583 | ▲ 131% |
| Suppliers440/4 | - | €4,150 | €5,761 | €5,015 | €11,583 | ▲ 131% |
| Taxes, remuneration and social security45 | - | €5,174 | €7,744 | €6,377 | €10,349 | ▲ 62.3% |
| Taxes450/3 | - | €5,174 | €7,744 | €6,377 | €10,349 | ▲ 62.3% |
| Accrued charges and deferred income492/3 | - | €94,484 | €94,484 | €94,484 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€3,686 | €19,066 | €5,175 | €5,823 | €24,589 | ▲ 322% |
| + Depreciation and write-downs630 | €20,205 | €5,408 | €4,376 | €2,755 | €2,088 | ▼ 24.2% |
| Operating cash flow (approximation) | €16,519 | €24,474 | €9,551 | €8,578 | €26,677 | ▲ 211% |
| Investment in fixed assets (approximation) | - | €333,796 | -€12,424 | -€478 | -€2,930 | ▼ 514% |
| Change in cash | - | -€615 | €6,932 | -€1,530 | €12,566 | ▲ 921% |
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
2026
04-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 157 days late
04-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 522 days late
2024
08-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 313 days late
2023
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 318 days late
2022
18-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 202 days late
2021
31-12
Financial
Back to profitnet €19,066
Net result €19,066 after one loss-making year.
31-12
Financial
Liquidity times 53current ratio 8.39
Current ratio from 0.16 to 8.39; short-term debt falls from €345,218 to €9,665.
04-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 216 days late
2020
03-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 216 days late
2019
31-12
Financial
Back to profitnet €30,760
Net result €30,760 after one loss-making year.
2018
14-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 106 days late
2017
15-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 107 days late
Show earlier events
2016
06-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 67 days late
2012
04-04
State Gazette act
General meeting · Statutes amendment
Director resignation · Director discharge
2011
24-03
State Gazette act
Board meeting · Director resignation
Director appointment · Permanent representative
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Grez-Doiceau · 1 establishment unit since 1998
Ground area
6,555 m²
Building footprint
114 m²
Volume, LiDAR
899 m³
Parcel 25037C0327/00_000, Wallonia · tallest building 9.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue du Résidal 59, 1390 Grez-Doiceau
since 19982.088.498.090
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25037C0327/00_000 | Wallonia | 6,555 m² | 1 · 114 m² | 9.4 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
5 connected companiesThis company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Linked via shared directors
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Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
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Of 82,642 companies in sector 70200 we hold annual accounts for 52,626. 35,954 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded14-09-1998
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0464110554
Also
9925:BE0464110554
Registered
16-04-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.