WindMade
ActiveSummary
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. Equity fluctuates too strongly from year to year to read a trend from it. The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 12-05-2011 Normal situation
- Activity
- Activities of professional membership organisations NACE 94120
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.1%
2016 figures too old to score
Annual accounts 2016
- Gross margin
- -€3,945
- Deficit
- €3,882
- Equity
- -€117,564
- ▼ 3.4%
- Total assets
- €12,534
- ▼ 19.4%
- Negative equity on 31-12-2016
- 2017 accounts not filed, 3017 days past the deadline
Signalsraises riskFigures for financial year 2016 (filed on 10-08-2017)Loss of €3,882 (financial year 2016)lowers riskLegal form: non-profit associationSector: Activities of membership organisations (NACE 94)neutralNo filing for yearsLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Figures too old
The latest figures are for FY 2016. They are too old for a current score.
Filing: Five or more annual filings are missing. This points to a standstill, not an imminent failure.
Financial strength, FY 2016 · tick: 2015
Weak
Solvency
0=
equity -938.0% of total assets
Liquidity
50=
short-term debt 1038.0% · cash 100.0%
Profitability
0-100
return on assets -31.0%
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).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.1%● unchanged vs 02-2025lowest value
04-2025: 0.1%● unchanged vs 03-2025lowest value
05-2025: 0.1%● unchanged vs 04-2025lowest value
06-2025: 0.1%● unchanged vs 05-2025lowest value
07-2025: 0.1%● unchanged vs 06-2025lowest value
08-2025: 0.1%● unchanged vs 07-2025lowest value
09-2025: 0.1%● unchanged vs 08-2025lowest value
10-2025: 0.1%● unchanged vs 09-2025lowest value
11-2025: 0.1%● unchanged vs 10-2025lowest value
12-2025: 0.1%● unchanged vs 11-2025lowest value
01-2026: 0.1%● unchanged vs 12-2025lowest value
02-2026: 0.1%● unchanged vs 01-2026lowest value
03-2026: 0.1%● unchanged vs 02-2026lowest value
04-2026: 0.1%● unchanged vs 03-2026lowest value
05-2026: 0.1%● unchanged vs 04-2026lowest value
06-2026: 0.1%● unchanged vs 05-2026lowest 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 09-2026highest value
11-2026: 0.1%● unchanged vs 10-2026highest value
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
neutral · No filing for years
The last filed financial year closed on 31-12-2016. Since then, 9 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 6 filingsPosition against the passed deadline
31-12-2017 year end31-07-2018 deadline03-11-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2016 was due by 31-07-2017 and was filed on 29-06-2017, 32 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
not filed
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
In the sector (NACE 94), the median for financial year 2024 was 29 days before the deadline, and 25% of those companies filed late.
Searched, nothing found (1)
Financials
Financials · financial year 2016, full format
2017 annual accounts not yet filed, deadline passed on 31 July 2018 The financial year closed on 31 December 2017. The accounts are 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 3 November 2026.
Annual accounts 2016 filed on 29-06-2017 PDF all 6 filings
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
Multi-year overview
2012 to 2016, 5 financial yearsTurnover
no figure
2016
20122016
Operating result
-€3,945
2016
20122016
Net result
-€3,882
2016
20122016
EBIT margin
no figure
2016
20122016
Equity
-€117,564
▼ 3.4%
2016
20122016
Total assets
€12,534
▼ 19.4%
2016
20122016
Debt
€130,098
▲ 0.7%
2016
20122016
Working capital
-€117,564
▼ 3.4%
2016
20122016
Staff (FTE)
no figure
2016
20122016
Every figure per financial 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=
The operating result for 2016 is a loss of €3,945, after a profit of €16,749 in 2015.
Key figures and ratios
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
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| 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 | - |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| 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 | - |
| Line | 2012 | 2013 | 2014 | 2015 | 2016 | Change |
|---|---|---|---|---|---|---|
| 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 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 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 |
Timeline
Acts, filings and financial milestones
2017
29-06
full format · 32 days before the deadline
2016
26-09
full format · 57 days late
2015
31-12
Financial
Back to profitnet €16,051
The net result is €16,051, after 2 loss-making years.
29-09
full format · 60 days late
2014
29-08
full format · 29 days late
2013
31-12
Financial
Weakest financial yearnet -€253,207
The net result drops to -€253,207, the lowest from 2012 to 2016. It recovers the following year.
31-08
full format · 31 days late
2012
31-08
full format · 31 days late
2011
24-05
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
WindMade in French
Enterprise number
0836.221.261
Legal form
Non-profit association
Status
Active, normale toestand
Founded
12-05-2011
Entity type
Legal entity
Registered office and establishments
Registered office
Aarlenstraat 63, 1000 Brussel, Belgium
Activities
NACEBEL 202594120
Activities of professional membership organisations main activity
Codes under NACEBEL 2008
94120
Activities of membership organisations main activity
Invoicing and payment
VAT number
BE 0836.221.261
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Sites & property
Location