WINDMILL FORWARDING
ActiveFinancials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 01-06-2026 PDF all 2 filings
Every figure per financial year
The operating result for 2025 is 57% lower than in 2024.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Other operating charges640/8 | €796 | €400 | ▼ 49.8% |
| Gross operating margin9900 | €22,989 | €9,832 | ▼ 57.2% |
| Operating profit (loss)9901 | €22,193 | €9,433 | ▼ 57.5% |
| Financial charges65/66B | €360 | €306 | ▼ 15.2% |
| Recurring financial charges65 | €360 | €306 | ▼ 15.2% |
| Profit (loss) for the period before taxes9903 | €21,833 | €9,127 | ▼ 58.2% |
| Income taxes67/77 | €5,500 | €2,279 | ▼ 58.6% |
| Profit (loss) for the period9904 | €16,333 | €6,848 | ▼ 58.1% |
| Profit (loss) for the period to be appropriated9905 | €16,333 | €6,848 | ▼ 58.1% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €86,836 | €92,977 | ▲ 7.1% |
| Current assets29/58 | €86,836 | €92,977 | ▲ 7.1% |
| Amounts receivable within one year40/41 | €7,879 | €70,456 | ▲ 794% |
| Trade receivables40 | €7,170 | €7,990 | ▲ 11.4% |
| Other amounts receivable41 | €709 | €62,466 | ▲ 88× |
| Cash at bank and in hand54/58 | €78,957 | €22,521 | ▼ 71.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €86,836 | €92,977 | ▲ 7.1% |
| Equity10/15 | €78,333 | €85,180 | ▲ 8.7% |
| Contributions10/11 | €62,000 | €62,000 | = |
| Capital10 | €62,000 | €62,000 | = |
| Issued capital100 | €62,000 | €62,000 | = |
| Reserves13 | €16,333 | €23,180 | ▲ 41.9% |
| Non-distributable reserves130/1 | €6,200 | €6,200 | = |
| Legal reserve130 | €6,200 | €6,200 | = |
| Distributable reserves133 | €10,133 | €16,980 | ▲ 67.6% |
| Amounts payable17/49 | €8,503 | €7,796 | ▼ 8.3% |
| Amounts payable within one year42/48 | €8,503 | €7,796 | ▼ 8.3% |
| Trade debts44 | €3,003 | €17 | ▼ 99.4% |
| Suppliers440/4 | €3,003 | €17 | ▼ 99.4% |
| Taxes, remuneration and social security45 | €5,500 | €7,779 | ▲ 41.4% |
| Taxes450/3 | €5,500 | €7,779 | ▲ 41.4% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €16,333 | €6,848 | ▼ 58.1% |
| Operating cash flow (approximation) | €16,333 | €6,848 | ▼ 58.1% |
| Change in cash | - | -€56,436 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 39,278 companies had the same profile as WINDMILL FORWARDING has now. Two years later, 95.9% were still going and 1.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
That fits the bankruptcy probability of WINDMILL FORWARDING itself: 0.8% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 39,278 companies, not a prediction for WINDMILL FORWARDING. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.