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Window Project

Active
Private limited companyfounded 2001active for 25 yearsKrommebeekstraat 36, 8930 Menen, BelgiumKBO/BCE: BE 0475.085.808
Summary

The computed 12-month bankruptcy probability of Window Project is 1.8% (moderate). The 2025 annual accounts show equity of €212,490 and a net result of €50,611. Equity is shrinking by about 6.2% per year across the filed financial years. Its solvency ranks better than 19% of 1,212 sector peers (NACE 25, financial year 2025). The company has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Manufacture of fabricated metal products, except machinery and equipment
NACE 25120Joinery installation NACE 43320
1 site
Size
€1.1mtotal assets 2025
Staff
7.7 FTE
Equity
€212,490
Profit
€50,611
Turnover not published (abbreviated format)
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
1.8%
Structure
Largest shareholder
GROEP PAUWELS · 32.71%
Accounts 1 day early0 of 6 deeds read
Why 54raises riskLiquidity: current ratio 1.21, cash €41,573Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)1 of the last 3 lateFigures for financial year 2025 (filed 07-11-2025)Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 34% of its sector peers (NACE 25, micro)
Financial strength · tick = 2024
Weak
Solvency 45+4
equity 19.5% of total assets
Liquidity 11+2
short-term debt 80.5% · cash 3.8%
Profitability 58-10
return on assets 4.7%
Bankruptcy probability, 12 months
1.8% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,698 companies, NACE 25, micro)
Last 24 months 11-2024: 1.4% 12-2024: 1.4%● unchanged vs 11-2024 01-2025: 1.4%● unchanged vs 12-2024 02-2025: 1.4%● unchanged vs 01-2025 03-2025: 1.4%● unchanged vs 02-2025 04-2025: 1.4%● unchanged vs 03-2025 05-2025: 1.4%● unchanged vs 04-2025 06-2025: 1.4%● unchanged vs 05-2025 07-2025: 1.4%● unchanged vs 06-2025 08-2025: 1.4%● unchanged vs 07-2025 09-2025: 1.3%▼ -0.1 percentage points vs 08-2025 10-2025: 1.6%▲ +0.3 percentage points vs 09-2025 11-2025: 2.2%▲ +0.6 percentage points vs 10-2025highest value 12-2025: 1.4%▼ -0.8 percentage points vs 11-2025 01-2026: 1.4%● unchanged vs 12-2025 02-2026: 1.4%● unchanged vs 01-2026 03-2026: 1.4%● unchanged vs 02-2026 04-2026: 1.3%▼ -0.1 percentage points vs 03-2026 05-2026: 1.3%● unchanged vs 04-2026 06-2026: 1.3%● unchanged vs 05-2026 07-2026: 1.3%● unchanged vs 06-2026 08-2026: 1.3%● unchanged vs 07-2026 09-2026: 1.2%▼ -0.1 percentage points vs 08-2026lowest value 10-2026: 1.8%▲ +0.6 percentage points vs 09-2026
Credit of up to €11,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.21, compared with 1.15 in 2024; short-term debt: 80.5% and cash: 3.8% of total assets), and 80.5% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 25, micro): better than 22% on solvency, 6% on liquidity, 27% on profitability and 79% on growth.

The bankruptcy probability was computed on 10-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises riskneutral
raises risk · Liquidity: current ratio 1.21, cash €41,573
NBB · annual accounts
raises risk · Sector: Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
KBO
raises risk · 1 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2025 (filed 07-11-2025)
NBB · annual accounts
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 1212 sector peers (2025).
NBB · sector comparison
Position among 1212 sector peers
Solvency
better than 19%
← weakest strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
202122232425
2020 to 2025 · latest year €212,490
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 30-10-2025, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
on the day
2023
141 days late
2022
on the day
2021
4 days late
2020
26 days early
2018
1 day early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 17 days after the deadline; the sector median (NACE 25) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 31-03-2026 is due by 31-10-2026. Nothing is late today. The company usually files around 31 October (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
31-03-2026 year end11-10-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Equity above €200,000equity €212,490 ▲31.3%
  3. Annual accounts filedfinancial year 2024 · abbreviated…

Key points

  • Caution: Among the weakest 19% on solvencysector median 46.6% · 1,212 companies 19.5% View
  • Positive: Equity rose in 2025from €161,879 to €212,490 ▲ 31.3% View
  • Active since 2001founded 26-06-2001 25 years View

By topic

Financials

Financial year
2025
Total assets
€1.1m
Profit
€50,611
Solvency
19.5%
Total assets▲ 8.0%
Net result
20202025
Go to Financials

Timeline

Events
26
Since
2003
Next accounts
by 31-10-2026
  1. 31-03-2024Back to profit
  2. 31-03-2024Equity above €150,000
  3. 20-03-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Manufacture of fabricated metal products, except machinery and…NACE 25120
Founded
26-06-2001
Year ends
31-03
Peppol
Reachable for e-invoices
Go to Company details

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