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WindMade

Active
Non-profit associationfounded 2011active for 15 yearsAarlenstraat 63, 1000 Brussel, BelgiumKBO/BCE: BE 0836.221.261
Summary

WindMade has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2016 annual accounts show negative equity (-€117,564) and a net result of -€3,882. The figures fluctuate too strongly year-on-year for a reliable trend projection. The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2016, full format

2017 annual accounts not yet filed, deadline passed on 31 July 2018 Financial year closed on 31 December 2017; filing due at the latest 7 months after the close (Companies Code art. 3:10). 9 financial years without a filing since the last one filed. Source: NBB filings, as of 25 October 2026.

Turnover
€513,597▼ 14.9%
2012 · €603,204
EBIT margin
-50.5%▼ 74.1pp
2012 · 23.6%
Net result
-€3,882
2015 · €16,051
Working capital
-€117,564▼ 3.4%
2015 · -€113,682
Trend over the years

2012 to 2016, 5 financial years 2012 to 2016, 5 financial years

The operating result turns negative in 2016: a loss of €3,945 after €16,749 in 2015.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€513,597 2013 Operating result-€3,945 2016 Net result-€3,882 2016

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20122013201420152016
Turnover€603,204-€513,597▼ 14.9%
Operating result€142,245--€259,468-€110,794▲ 57.3%€16,749-€3,945
Net result€155,252--€253,207-€114,368▲ 54.8%€16,051-€3,882
EBIT margin23.6%--50.5%▼ 74.1pp
Equity€237,842--€15,365-€129,733▼ 744%-€113,682▲ 12.4%-€117,564▼ 3.4%
Total assets€693,604-€163,302▼ 76.5%€33,629▼ 79.4%€15,560▼ 53.7%€12,534▼ 19.4%
Debt€455,762-€178,667▼ 60.8%€163,362▼ 8.6%€129,242▼ 20.9%€130,098▲ 0.7%
Working capital€629,702--€20,191-€130,323▼ 545%-€113,682▲ 12.8%-€117,564▼ 3.4%
Staff (FTE)2.6-2▼ 23.1%2=
Key figures and ratios
2016 value · change against 2015
Solvency
-938.0%▼
2015 · -730.6%
Current ratio
0.10▼
2015 · 0.12
ROA
-31.0%▼
2015 · 103.2%
Debt ≤ 1 year
€130,098▲
2015 · €129,242
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2016 against 2015 · 23 lines
Balance sheet Code20152016
Assets
Total assets20/58€15,560€12,534▼
Current assets29/58€15,560€12,534▼
Amounts receivable within one year40/41€13-
Cash at bank and in hand54/58€15,546€12,534▼
Equity and liabilities
Total equity and liabilities10/49€15,560€12,534▼
Equity10/15-€113,682-€117,564▼
Profit (loss) carried forward14-€113,682-€117,564▼
Amounts payable17/49€129,242€130,098▲
Amounts payable within one year42/48€129,242€130,098▲
Trade debts44€129,242€130,094▲
Suppliers440/4-€130,094
Taxes, remuneration and social security45-€4
Taxes450/3-€4
Income statement Code20152016
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,332-
Gross operating margin9900€20,780-€3,945▼
Operating profit (loss)9901€16,749-€3,945▼
Recurring financial income75€3,326€129▼
Recurring financial charges65€4,024€66▼
Profit (loss) for the period before taxes9903€16,051-
Profit (loss) for the period9904€16,051-€3,882▼
Profit (loss) for the period to be appropriated9905€16,051-€3,882▼
Appropriation of the result
Profit (loss) to be appropriated9906--€117,564
Profit (loss) brought forward from the previous period14P--€113,682

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20122013201420152016Change
Turnover70€603,204€513,597----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16,886€17,290€3,460€3,332--
Gross operating margin9900€426,188-€28,874-€15,597€20,780-€3,945-
Operating profit (loss)9901€142,245-€259,468-€110,794€16,749-€3,945-
Recurring financial income75€16,726€8,580€432€3,326€129▼ 96.1%
Recurring financial charges65€3,719€2,294€733€4,024€66▼ 98.4%
Profit (loss) for the period before taxes9903€155,252-€253,183-€111,095€16,051--
Profit (loss) for the period9904€155,252-€253,207-€114,368€16,051-€3,882-
Profit (loss) for the period to be appropriated9905--€253,207-€114,368€16,051-€3,882-
Line20122013201420152016Change
Assets
Total assets20/58€693,604€163,302€33,629€15,560€12,534▼ 19.4%
Formation expenses20€9,997€6,664€3,332---
Fixed assets21/28€26,809€11,339€3,572---
Tangible fixed assets22/27€16,813€4,675----
Financial fixed assets28--€240---
Current assets29/58€666,794€151,963€30,057€15,560€12,534▼ 19.4%
Amounts receivable within one year40/41€75,899€87,809€22,906€13--
Cash at bank and in hand54/58€587,218€63,095€6,781€15,546€12,534▼ 19.4%
Equity and liabilities
Total equity and liabilities10/49€693,604€163,302€33,629€15,560€12,534▼ 19.4%
Equity10/15€237,842-€15,365-€129,733-€113,682-€117,564▼ 3.4%
Profit (loss) carried forward14€237,842-€15,365-€129,733-€113,682-€117,564▼ 3.4%
Amounts payable17/49€455,762€178,667€163,362€129,242€130,098▲ 0.7%
Amounts payable within one year42/48€37,092€172,154€160,381€129,242€130,098▲ 0.7%
Trade debts44€14,539€148,407€158,051€129,242€130,094▲ 0.7%
Suppliers440/4----€130,094-
Taxes, remuneration and social security45----€4-
Taxes450/3----€4-
Line20122013201420152016Change
Profit (loss) for the period9904€155,252-€253,207-€114,368€16,051-€3,882-
+ Depreciation and write-downs630€16,886€17,290€3,460€3,332--
Operating cash flow (approximation)€172,138-€235,916-€110,908€19,383-€3,882-
Investment in fixed assets (approximation)--€1,820€4,307---
Change in cash--€524,123-€56,314€8,766-€3,012-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference
31-12-2016 full format 29-06-2017 2017-25500135
31-12-2015 full format 26-09-2016 2016-61400192
31-12-2014 full format 29-09-2015 2015-62000269
31-12-2013 full format 29-08-2014 2014-55300087
31-12-2012 full format 31-08-2013 2013-56600288
31-12-2011 full format 31-08-2012 2012-53900250

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Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.