WINDOW
ActiveSummary
WINDOW is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. For WINDOW, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €10.8m and a net result of -€27,287. Equity is growing by about 7.1% per year across the filed financial years. Its solvency ranks better than 36% of 2,776 sector peers (NACE 64, financial year 2024). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €10.8m
- Loss
- -€27,287
- Holdings
- 1
- NorucoDirector · permanent representative Joris Van der Linden
Signalsraises riskAnnual accounts not filed2024 accounts filed 26 days lateShow the evidence
Checked score
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
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Signals
This company filed its last 6 accounts on average 52 days after the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (1)
- Amendment of the articles · MiscellaneousPower of attorney
- Amendment of the articles · MiscellaneousPower of attorney
- Resignations: Christophe De Block (director) and…Appointment: Noruco (director) · Permanent…
Financials · financial year 2024, full format
2025 annual accounts not yet filed, deadline passed on 31 July 2026 Financial year closed on 31 December 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 25 October 2026.
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result turns negative in 2024: a loss of €26,737 after €4,293 in 2023, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Operating income70/76A | - | - | - | €0.6m | €0.6m | €0.5m | €0.5m | = |
| Turnover70 | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.5m | €0.5m | = |
| Operating charges60/66A | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | ▲ 6.3% |
| Services and other goods61 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | ▲ 6.3% |
| Other operating charges640/8 | - | - | - | €0.001m | €0.001m | €0.001m | €0.001m | ▲ 1.6% |
| Operating profit (loss)9901 | €0.1m | €0.1m | €0.2m | €0.1m | €0.06m | €0.004m | -€0.03m | - |
| Financial income75/76B | - | - | - | €0.003m | €4.5m | - | €0.3m | - |
| Recurring financial income75 | - | €0.002m | - | €0.003m | €4.5m | - | €0.3m | - |
| Income from financial fixed assets750 | - | - | - | €0.003m | €4.5m | - | €0.3m | - |
| Non-recurring financial income76B | - | - | - | - | €0.002m | - | - | - |
| Financial charges65/66B | - | - | - | €0.7m | €0.4m | €0.3m | €0.3m | ▼ 0.1% |
| Recurring financial charges65 | €0.6m | €0.6m | €0.7m | €0.7m | €0.4m | €0.3m | €0.3m | ▼ 0.1% |
| Debt charges650 | €0.6m | €0.6m | €0.7m | €0.7m | €0.4m | €0.3m | €0.3m | ▲ 0.2% |
| Other financial charges652/9 | - | - | - | €0.001m | €470 | €0.001m | - | - |
| Profit (loss) for the period before taxes9903 | -€0.5m | -€0.5m | -€0.5m | -€0.6m | €4.2m | -€0.2m | -€0.03m | ▲ 88.9% |
| Profit (loss) for the period9904 | -€0.5m | -€0.5m | -€0.5m | -€0.6m | €4.2m | -€0.2m | -€0.03m | ▲ 88.9% |
| Profit (loss) for the period to be appropriated9905 | -€0.5m | -€0.5m | -€0.5m | -€0.6m | €4.2m | -€0.2m | -€0.03m | ▲ 88.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €25.0m | €25.4m | €25.8m | €25.1m | €26.5m | €25.9m | €25.8m | ▼ 0.3% |
| Fixed assets21/28 | €23.9m | €23.9m | €23.9m | €23.9m | €25.5m | €25.5m | €25.5m | = |
| Financial fixed assets28 | €23.9m | €23.9m | €23.9m | €23.9m | €25.5m | €25.5m | €25.5m | = |
| Affiliated companies280/1 | - | - | - | €23.9m | €25.5m | €25.5m | €25.5m | = |
| Participating interests280 | - | - | - | €23.9m | €25.5m | €25.5m | €25.5m | = |
| Other financial fixed assets284/8 | - | - | - | €0.02m | €0.001m | - | - | - |
| Shares284 | - | - | - | €0.02m | €0.001m | - | - | - |
| Current assets29/58 | €1.1m | €1.5m | €1.9m | €1.2m | €1.0m | €0.5m | €0.4m | ▼ 15.4% |
| Amounts receivable within one year40/41 | €1.1m | €1.5m | €1.7m | €1.1m | €1.0m | €0.4m | €0.2m | ▼ 47.7% |
| Trade receivables40 | - | - | - | €0.2m | €0.2m | €0.3m | €0.2m | ▼ 54.0% |
| Other amounts receivable41 | - | - | - | €0.9m | €0.8m | €0.1m | €0.08m | ▼ 30.5% |
| Cash at bank and in hand54/58 | €0.01m | €0.006m | €0.2m | €0.1m | €0.04m | €0.01m | €0.1m | ▲ 840% |
| Deferred charges and accrued income490/1 | - | - | - | - | €0.001m | €0.001m | €0.04m | ▲ 64× |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €25.0m | €25.4m | €25.8m | €25.1m | €26.5m | €25.9m | €25.8m | ▼ 0.3% |
| Equity10/15 | €8.0m | €8.0m | €7.5m | €6.9m | €11.1m | €10.8m | €10.8m | ▼ 0.3% |
| Contributions10/11 | €10.0m | €10.5m | €10.5m | €10.5m | €10.5m | €10.5m | €10.5m | = |
| Capital10 | - | - | - | €10.5m | €10.5m | €10.5m | €10.5m | = |
| Issued capital100 | - | - | - | €10.5m | €10.5m | €10.5m | €10.5m | = |
| Reserves13 | - | - | - | - | €0.6m | €0.3m | €0.3m | ▼ 8.0% |
| Non-distributable reserves130/1 | - | - | - | - | €0.03m | €0.03m | €0.03m | = |
| Legal reserve130 | - | - | - | - | €0.03m | €0.03m | €0.03m | = |
| Distributable reserves133 | - | - | - | - | €0.6m | €0.3m | €0.3m | ▼ 8.8% |
| Profit (loss) carried forward14 | -€2.0m | -€2.5m | -€3.0m | -€3.6m | - | - | - | - |
| Amounts payable17/49 | €17.0m | €17.4m | €18.3m | €18.2m | €15.4m | €15.1m | €15.0m | ▼ 0.3% |
| Amounts payable after more than one year17 | €5.3m | €5.6m | €5.6m | €5.0m | €0.5m | - | - | - |
| Financial debts170/4 | - | - | - | €5.0m | €0.5m | - | - | - |
| Other loans174 | - | - | - | €5.0m | €0.5m | - | - | - |
| Amounts payable within one year42/48 | €11.6m | €11.9m | €12.8m | €13.2m | €14.9m | €15.1m | €15.0m | ▼ 0.3% |
| Trade debts44 | €0.1m | €0.1m | €0.1m | €0.05m | €0.01m | €0.04m | - | - |
| Suppliers440/4 | - | - | - | €0.05m | €0.01m | €0.04m | - | - |
| Taxes, remuneration and social security45 | - | - | - | €0.2m | €0.08m | €0.08m | €0.08m | = |
| Taxes450/3 | - | - | - | €0.2m | €0.08m | €0.08m | €0.08m | = |
| Other amounts payable47/48 | - | - | - | €13.0m | €14.8m | €15.0m | €15.0m | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€0.5m | -€0.5m | -€0.5m | -€0.6m | €4.2m | -€0.2m | -€0.03m | ▲ 88.9% |
| Operating cash flow (approximation) | -€0.5m | -€0.5m | -€0.5m | -€0.6m | €4.2m | -€0.2m | -€0.03m | ▲ 88.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€1.6m | €0.001m | €0 | ▼ 100% |
| Change in cash | - | -€0.004m | €0.2m | -€0.05m | -€0.09m | -€0.03m | €0.1m | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | full format | 26-08-2025 | 2025-00414070 |
| 31-12-2023 | full format | 29-08-2024 | 2024-00399643 |
| 31-12-2022 | full format | 31-08-2023 | 2023-00390224 |
| 31-12-2021 | full format | 25-08-2022 | 2022-20318301 |
| 31-12-2020 | full format | 29-09-2021 | 2021-69500159 |
| 31-12-2019 | full format | 17-12-2020 | 2020-76100478 |
| 31-12-2018 | full format | 31-10-2019 | 2019-72600248 |
| 31-12-2017 | full format | 31-10-2018 | 2018-71800165 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 1
Permanent representatives 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Noruco |
|
| Christophe De Block |
|
| Joris Van der Linden |
|
Owners and capital
Owners
No owners or capital events in the accounts and acts we read.
Group and network
Holdings and subsidiaries
1 holding · 6 subsidiaries in the treeHoldings 1
-
100%
All subsidiaries, including indirect ones 6
Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.
André 100%5 subsidiaries
- MODERO 100%
- Modero Oost-Vlaanderen 69.09%
- MODERO BRUSSEL/BRUXELLES 66%
- MODERO WEST-VLAANDEREN 59.95%
- Modero Leuven 59.5%
According to the 2024 annual accounts of WINDOW and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
1 current directorThe board mandates are listed below; here you explore them as a network.
History
Acts, filings and financial milestones
10-07
Gazette deed
Amendment of the articles · MiscellaneousPower of attorney4 facts ▸
- General meeting, 29-06-2026
- Amendment of the articles
- Power of attorney, Lawrence DE BRUYNE
- Power of attorney
31-12
Gazette deed
Amendment of the articles · MiscellaneousPower of attorney3 facts ▸
- General meeting, 24-12-2025
- Amendment of the articles (2 times)
- Power of attorney
02-10
Gazette deed
Resignations: Christophe De Block (director) and Joris Van der Linden (director)Appointment: Noruco (director) · Permanent representative: Joris Van der Linden · Director discharge7 facts ▸
- General meeting, 27-06-2025
- Director resignation, Christophe De Block (director)
- Director discharge, Christophe De Block (director)
- Director resignation, Joris Van der Linden (director)
- Director discharge, Joris Van der Linden (director)
- Director appointment, Noruco (director)
- Permanent representative, Joris Van der Linden
About the unread acts
Of the 10 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 25 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Legal Entity Identifier
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11806F1382/00P009 | Flanders | 672 m² | 1 · 608 m² | 32.9 m · 9 |
How the parcels are linked
Articles of association
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 31 December to 30 December
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “TWEEDE BESLISSING - VERPLAATSING DATUM JAARLIJKSE ALGEMENE VERGADERING De vergadering beslist om de gewone algemene vergadering te…” (deed in Dutch)The first on 30-06-2027
Read from the deeds: 2 provisions, deed of 10-07-2026