Equity
WINDOMAS has made a profit without a break since 2014.
WINDOMAS has made a profit without a break since 2014.
Debts rose by €99,389 in 2025. A dividend stands under other debts on the balance sheet date until it is paid.
Nine of the last ten came late. The 2016 accounts came latest: 91 days after the end of the period.
In July 2024, 17,811 companies had the same profile as WINDOMAS has now. Each dot stands for 45 companies, two years later.
The method was tested on the 497,762 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 17,811 companies, not a prediction for WINDOMAS. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| WINDOMAS Zwalm | €1.4m | €366,160 | 75.9% | - |
| WOONIDEE PAUL & ZOON Sint-Niklaas | €1.3m | €405,403 | 43.9% | - |
| DECO BEIRENS De Haan | €1.5m | €399,403 | 37.1% | - |
| M.G.D.F Brunehaut | €1.3m | €347,107 | 80.4% | 7 |
| BO-PLAST Thermo Liège | €1.4m | €317,481 | 26.4% | 2 |
| ELBACO Vorselaar | €1.5m | €361,107 | 57.2% | 1.2 |
| Menuiserie Paul Marthus Libramont-Chevigny | €1.4m | €441,667 | 28.3% | 5.3 |
These companies have the same main activity as WINDOMAS: joinery installation (NACE 43320). They are comparable in size and age: total assets between €1.3m and €1.5m, founded between 2005 and 2010.
WINDOMAS files the abbreviated format. That format states no turnover. The gross margin rose from €12,403 in 2009 to €366,160 in 2025.
The balance sheet grew most from 2010 to 2012 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €1.1m. Estimated: probably between €790,000 and €1.3m.
Higher than 85% of 9,273 companies in 2025.
Higher than 80% of 9,196 companies in 2025.
Higher than 84% of 9,241 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: middle half · Working capital: top quarter
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
1.4m | 1.2m | 1.1m | 986,227 | 876,045 | 758,791 | 674,798 | 720,615 | 585,325 | 550,000 | 487,543 | 516,286 | 461,161 | 630,427 | 169,557 | 72,632 | 34,370 | |
21/28 |
273,243 | 276,998 | 263,072 | 256,664 | 266,443 | 280,282 | 278,390 | 284,311 | 293,407 | 305,958 | 333,884 | 353,954 | 390,574 | 432,189 | 46,379 | 16,719 | 20,008 | |
21 |
- | - | - | - | 290 | 580 | 870 | 1,160 | - | 279 | 558 | 837 | 1,116 | - | - | - | - | |
22/27 |
272,520 | 276,274 | 262,349 | 255,941 | 265,430 | 278,979 | 276,797 | 282,428 | 292,684 | 304,956 | 332,603 | 352,884 | 389,225 | 431,956 | 46,270 | 16,719 | 20,008 | |
22 |
229,540 | 241,728 | 242,376 | 230,743 | 241,840 | 253,957 | 266,721 | 280,177 | 291,124 | 303,400 | 318,148 | 323,765 | 339,342 | 355,924 | - | - | - | |
23 |
10,762 | 14,284 | 17,224 | 21,899 | 19,740 | 20,334 | 4,547 | 1,380 | 400 | 1,556 | 10,238 | 16,120 | 24,506 | 32,446 | 3,812 | 1,385 | 206 | |
24 |
32,218 | 20,263 | 2,749 | 3,299 | 3,849 | 4,689 | 5,529 | 870 | 1,160 | - | 4,217 | 13,000 | 25,377 | 43,586 | 42,459 | 15,334 | 19,803 | |
28 |
723 | 723 | 723 | 723 | 723 | 723 | 723 | 723 | 723 | 723 | 723 | 233 | 233 | 233 | 108 | - | - | |
29/58 |
1.1m | 916,680 | 841,935 | 729,563 | 609,602 | 478,509 | 396,408 | 436,305 | 291,918 | 244,041 | 153,659 | 162,331 | 70,587 | 198,238 | 123,178 | 55,913 | 14,362 | |
29 |
72,500 | 40,000 | 70,000 | 100,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
291 |
72,500 | 40,000 | 70,000 | 100,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
3 |
125,065 | 86,294 | 28,725 | 22,305 | 32,638 | 32,208 | 20,854 | 6,380 | 18,620 | 20,475 | 63,247 | 40,589 | 18,683 | - | - | - | - | |
30/36 |
125,065 | 86,294 | 28,725 | 22,305 | 32,638 | 32,208 | 20,854 | 6,380 | 18,620 | 20,475 | 63,247 | 40,589 | 18,683 | - | - | - | - | |
40/41 |
617,425 | 399,594 | 393,478 | 375,691 | 240,294 | 71,306 | 216,801 | 211,740 | 133,262 | 121,075 | 59,858 | 99,811 | 50,933 | 172,639 | 44,529 | 14,815 | 2,975 | |
40 |
495,636 | 295,906 | 310,801 | 316,391 | 214,627 | 71,306 | 201,260 | 188,569 | 126,943 | 111,254 | 49,219 | 95,137 | 42,226 | 135,495 | 41,124 | 9,243 | - | |
41 |
121,789 | 103,688 | 82,677 | 59,300 | 25,667 | - | 15,541 | 23,172 | 6,319 | 9,821 | 10,639 | 4,673 | 8,707 | 37,143 | 3,405 | 5,572 | 2,975 | |
54/58 |
325,770 | 385,364 | 344,674 | 226,656 | 332,843 | 371,175 | 156,273 | 215,780 | 138,608 | 101,197 | 28,686 | 21,932 | 971 | 25,599 | 78,649 | 41,097 | 11,386 | |
490/1 |
5,856 | 5,429 | 5,058 | 4,911 | 3,826 | 3,820 | 2,480 | 2,404 | 1,427 | 1,294 | 1,867 | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
1.4m | 1.2m | 1.1m | 986,227 | 876,045 | 758,791 | 674,798 | 720,615 | 585,325 | 550,000 | 487,543 | 516,286 | 461,161 | 630,427 | 169,557 | 72,632 | 34,370 | |
10/15 |
1.1m | 950,609 | 789,447 | 637,338 | 519,544 | 484,416 | 366,256 | 252,633 | 167,964 | 119,811 | 84,002 | 70,346 | 29,179 | 97,038 | 112,044 | 41,175 | 12,794 | |
10/11 |
18,586 | 18,586 | 18,586 | 18,586 | 18,586 | 18,586 | 18,586 | 18,588 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 10,000 | |
10 |
- | - | - | 18,586 | 18,586 | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
- | - | - | 18,586 | 18,586 | 18,586 | 18,586 | 18,588 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8,600 | |
11 |
- | - | 18,586 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1109/19 |
- | - | 18,586 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
13 |
1.1m | 932,023 | 770,861 | 618,753 | 500,958 | 465,830 | 347,671 | 234,045 | 149,364 | 101,211 | 65,402 | 51,746 | 10,579 | 78,438 | 93,444 | 22,575 | 2,794 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
133 |
1.1m | 930,163 | 769,001 | 616,893 | 499,098 | 463,970 | 345,811 | 232,185 | 147,504 | 99,351 | 63,542 | 49,886 | 8,719 | 76,578 | 91,584 | 20,715 | 934 | |
17/49 |
342,457 | 243,068 | 315,561 | 348,889 | 356,501 | 274,375 | 308,542 | 467,983 | 417,360 | 430,189 | 403,540 | 445,940 | 431,981 | 533,389 | 57,512 | 31,457 | 21,576 | |
17 |
15,246 | 39,327 | 49,993 | 60,660 | 68,075 | 90,060 | 171,953 | 237,954 | 252,296 | 313,396 | 326,755 | 348,479 | 369,433 | 380,100 | - | - | - | |
170/4 |
15,246 | 39,327 | 49,993 | 60,660 | 68,075 | 90,060 | 171,953 | 237,954 | 252,296 | 313,396 | 326,755 | 348,479 | 369,433 | 380,100 | - | - | - | |
42/48 |
327,211 | 202,901 | 265,567 | 288,229 | 288,425 | 183,040 | 135,073 | 229,188 | 160,815 | 115,518 | 68,285 | 93,211 | 62,548 | 153,289 | 57,129 | 31,457 | 21,576 | |
42 |
10,667 | 10,667 | 10,667 | 10,667 | 10,667 | 10,667 | 10,667 | 10,667 | 10,667 | 10,667 | 10,667 | 10,667 | 10,667 | 10,667 | - | - | - | |
44 |
195,165 | 137,455 | 194,052 | 186,398 | 125,998 | 153,166 | 88,729 | 188,453 | 90,152 | 70,136 | 35,282 | 61,324 | 26,680 | 93,640 | 5,661 | 10,290 | 860 | |
440/4 |
195,165 | 137,455 | 194,052 | 186,398 | 125,998 | 153,166 | 88,729 | 188,453 | 90,152 | 70,136 | 35,282 | 61,324 | 26,680 | 93,640 | 5,661 | 10,290 | 860 | |
45 |
13,074 | 7,280 | 10,849 | 43,010 | 8,761 | 16,209 | 19,370 | 11,740 | 38,737 | 14,517 | 9,724 | 3,276 | 6,286 | 44,416 | 47,468 | 11,349 | 2,342 | |
450/3 |
10,473 | 2,719 | 3,478 | 36,501 | 4,165 | 6,967 | 11,490 | 5,029 | 34,947 | 9,741 | 5,722 | 1,685 | 1,821 | 32,519 | 42,782 | 11,349 | 2,342 | |
454/9 |
2,601 | 4,561 | 7,371 | 6,510 | 4,596 | 9,242 | 7,880 | 6,711 | 3,790 | 4,777 | 4,001 | 1,590 | 4,465 | 11,897 | 4,686 | - | - | |
47/48 |
108,306 | 47,500 | 50,000 | 48,154 | 143,000 | 2,999 | 16,308 | 18,329 | 21,259 | 20,197 | 12,612 | 17,945 | 18,915 | 4,566 | 4,000 | 9,818 | 18,374 | |
492/3 |
- | 840 | - | - | - | 1,275 | 1,516 | 840 | 4,250 | 1,275 | 8,500 | 4,250 | - | - | 383 | - | - | |
| Income statement | ||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | 634,390 | - | - | - | - | - | - | |
9900 |
366,160 | 315,209 | 303,853 | 267,778 | 275,214 | 195,184 | 195,327 | 149,606 | 108,623 | 93,640 | 64,374 | 91,811 | -4,951 | 96,520 | 126,906 | 38,874 | 12,403 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | 580,232 | - | - | - | - | - | - | |
630 |
22,408 | 19,063 | 15,605 | 16,309 | 17,100 | 17,760 | 16,644 | 15,561 | 16,050 | 27,925 | 33,378 | 36,619 | 44,793 | 47,364 | 23,046 | 7,445 | 6,338 | |
640/8 |
4,095 | 4,114 | 3,442 | 4,195 | 3,468 | 3,926 | 4,024 | 3,455 | 3,625 | 3,453 | 3,960 | 3,270 | 3,171 | 59,340 | 1,829 | 496 | 988 | |
9901 |
339,657 | 292,032 | 284,805 | 247,274 | 254,646 | 173,498 | 174,659 | 130,590 | 88,948 | 62,262 | 27,036 | 51,922 | -52,915 | -10,184 | 102,031 | 30,932 | 5,077 | |
75/76B |
2,888 | 2,551 | 3,614 | - | - | 1 | - | - | 0 | 16 | 928 | - | 1,844 | 920 | 771 | 27 | 39 | |
75 |
2,888 | 2,551 | 3,614 | - | - | 1 | - | - | 0 | 16 | 928 | - | 1,844 | 920 | 771 | 27 | 39 | |
65/66B |
1,088 | 1,516 | 1,925 | 2,333 | 2,748 | 4,411 | 6,926 | 7,364 | 8,878 | 9,335 | 10,288 | 10,755 | 11,393 | 5,698 | 71 | 40 | 17 | |
65 |
1,088 | 1,516 | 1,925 | 2,333 | 2,748 | 4,411 | 6,926 | 7,364 | 8,878 | 9,335 | 10,288 | 10,755 | 11,393 | 5,698 | 71 | 40 | 17 | |
9903 |
341,458 | 293,066 | 286,494 | 244,940 | 251,898 | 169,088 | 167,733 | 123,226 | 80,070 | 52,943 | 17,676 | 41,167 | -62,465 | -14,961 | 102,732 | 30,919 | 5,099 | |
67/77 |
106,358 | 91,904 | 84,386 | 78,992 | 73,770 | 50,928 | 54,107 | 38,546 | 31,916 | 17,135 | 4,020 | - | 5,394 | 45 | 30,040 | 11,138 | 2,305 | |
9904 |
235,099 | 201,163 | 202,108 | 165,948 | 178,128 | 118,160 | 113,626 | 84,680 | 48,154 | 35,808 | 13,657 | 41,167 | -67,859 | -15,006 | 72,692 | 19,781 | 2,794 | |
9905 |
235,099 | 201,163 | 202,108 | 165,948 | 178,128 | 118,160 | 113,626 | 84,680 | 48,154 | 35,808 | 13,657 | 41,167 | -67,859 | -15,006 | 72,692 | 19,781 | 2,794 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
235,099 | 201,163 | 202,108 | 165,948 | 178,128 | 118,160 | 113,626 | 84,680 | 48,154 | 35,808 | 13,657 | 41,167 | -67,859 | -15,006 | 72,692 | 19,781 | 2,794 | |
791/2 |
108,306 | 40,000 | 50,000 | 48,154 | 99,351 | - | - | - | - | - | - | - | 67,859 | 15,006 | - | - | - | |
691/2 |
235,099 | 201,163 | 202,108 | 165,948 | 134,478 | 118,160 | 113,626 | 84,680 | 48,154 | 35,808 | 13,657 | 41,167 | - | - | 72,692 | 19,781 | 2,794 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,860 | |
6921 |
235,099 | 201,163 | 202,108 | 165,948 | 134,478 | 118,160 | 113,626 | 84,680 | 48,154 | 35,808 | 13,657 | 41,167 | - | - | 72,692 | 19,781 | 934 | |
694/7 |
108,306 | 40,000 | 50,000 | 48,154 | 143,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
694 |
108,306 | 40,000 | 50,000 | 48,154 | 143,000 | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||
The notes to these accounts have 10 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 15-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 15-07-2026 | 2026-00297658 | |
| 31-12-2024 | abbreviated format | 29-08-2025 | 2025-00451091 | |
| 31-12-2023 | abbreviated format | 30-08-2024 | 2024-00425869 | |
| 31-12-2022 | abbreviated format | 06-10-2023 | 2023-00480741 | |
| 31-12-2021 | abbreviated format | 14-10-2022 | 2022-20463968 | |
| 31-12-2020 | abbreviated format | 30-08-2021 | 2021-59800440 | |
| 31-12-2019 | micro format | 30-10-2020 | 2020-66700595 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-59400246 | |
| 31-12-2017 | abbreviated format | 26-09-2018 | 2018-65200429 | |
| 31-12-2016 | micro format | 30-10-2017 | 2017-68400192 | |
| 31-12-2015 | abbreviated format | 28-09-2016 | 2016-62700327 | |
| 31-12-2014 | abbreviated format | 27-10-2015 | 2015-65700386 | |
| 31-12-2013 | abbreviated format | 18-12-2014 | 2014-70300343 | |
| 31-12-2012 | abbreviated format | 29-11-2013 | 2013-67400327 | |
| 31-12-2011 | abbreviated format | 23-08-2012 | 2012-44200206 | |
| 31-12-2010 | abbreviated format | 30-08-2011 | 2011-51500077 | |
| 31-12-2009 | abbreviated format | 29-06-2010 | 2010-24500338 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 362,065 | 311,095 | 300,410 | 263,583 | 271,746 | 191,258 | 191,303 | 146,151 | 104,998 | 90,188 | 60,414 | 88,541 | -8,123 | 37,180 | 125,077 | 38,377 | 11,415 | ||
| 257,507 | 220,225 | 217,714 | 182,258 | 195,227 | 135,920 | 130,270 | 100,241 | 64,204 | 63,733 | 47,035 | 77,786 | -23,066 | 32,358 | 95,738 | 27,226 | 9,132 | ||
| 18,654 | 32,988 | 22,013 | 6,531 | 3,260 | 19,652 | 10,724 | 6,464 | 3,499 | 0 | 13,308 | 0 | 3,177 | 433,175 | 52,705 | 4,156 | 26,346 | ||
| -59,594 | 40,690 | 118,018 | -106,188 | -38,332 | 214,902 | -59,507 | 77,172 | 37,411 | 72,511 | 6,754 | 20,961 | -24,629 | -53,050 | 37,552 | 29,711 | - | ||
| 819,405 | 713,778 | 576,368 | 441,334 | 321,177 | 295,469 | 261,335 | 207,117 | 131,103 | 128,524 | 85,374 | 69,120 | 8,038 | 44,948 | 66,049 | 24,455 | -7,215 | ||
| - | - | - | - | - | - | - | - | - | - | 4.3% | - | - | - | - | - | - | ||
| 75.9% | 79.6% | 71.4% | 64.6% | 59.3% | 63.8% | 54.3% | 35.1% | 28.7% | 21.8% | 17.2% | 13.6% | 6.3% | 15.4% | 66.1% | 56.7% | 37.2% | ||
| 3.50 | 4.52 | 3.17 | 2.53 | 2.11 | 2.61 | 2.93 | 1.90 | 1.82 | 2.11 | 2.25 | 1.74 | 1.13 | 1.29 | 2.16 | 1.78 | 0.67 | ||
| 3.12 | 4.09 | 3.06 | 2.45 | 2.00 | 2.44 | 2.78 | 1.88 | 1.70 | 1.94 | 1.32 | 1.31 | 0.83 | 1.29 | 2.16 | 1.78 | 0.67 | ||
| 0.32 | 0.26 | 0.40 | 0.55 | 0.69 | 0.57 | 0.84 | 1.85 | 2.48 | 3.59 | 4.80 | 6.34 | 14.80 | 5.50 | 0.51 | 0.76 | 1.69 | ||
| 21.8% | 21.2% | 25.6% | 26.0% | 34.3% | 24.4% | 31.0% | 33.5% | 28.7% | 29.9% | 16.3% | 58.5% | -232.6% | -15.5% | 64.9% | 48.0% | 21.8% | ||
| 16.6% | 16.9% | 18.3% | 16.8% | 20.3% | 15.6% | 16.8% | 11.8% | 8.2% | 6.5% | 2.8% | 8.0% | -14.7% | -2.4% | 42.9% | 27.2% | 8.1% | ||
| over 100 | over 100 | over 100 | over 100 | 98.88 | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | 28 days | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | 22 days | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €18,654 | €32,988 | €22,013 | €6,531 | €3,260 |
| €22,408 | €19,063 | €15,605 | €16,309 | €17,100 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 16% higher than in 2024 and the highest since 2009. It is the third rise in a row, after the fall in 2022.
Debt's share of the balance-sheet total rises from 20.4% to 24.1%. Equity and debt are higher.
WINDOMAS has no parent and no holdings in its annual accounts. is the only director. WINDOMAS shares no director with another company.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Veldstraat 31 registered office 9630 Zwalm | 18-02-2009 | 2.176.361.383 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 45027B0289/00S000 | 602 m² | 1 · 206 m² | 9.9 m · 1 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0809.886.652
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