WINDOWMAKERS SERVICES
InactiveOverview
Activity
“De montage, de levering en de plaatsing, in het kader van de bouwnijverheid van…” (deed in Dutch)
From the articles, 8 activitiesNo NACE code in the KBO yet
Size
≈ €2.8mturnover 2022, estimated
- Staff
- 19.5 FTE
- Equity
- -€30,868
- Profit
- €141,418
Turnover estimated from the gross margin
Financial health
Inactive: no score
Structure
2 of 6 deeds summarised
SignalsneutralLatest accounts filed on timeShow the evidence
Signals
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 30-06-2023, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2022
31 days early
2021
31 days late
2020
40 days early
2019
29 days early
2018
30 days late
2017
33 days early
2016
3 days early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 11 days before the deadline; the Belgian median for financial year 2022 is 3 days before the deadline, and 42% of all filings were late.
Searched, nothing found (1)
- Restructuring · End & cessationMerger
- Annual accounts filedfinancial year 2022 · abbreviated…
- RestructuringPermanent representatives: Marcus DE FRAITURE…
Financials · financial year 2022, abbreviated format
Turnover
≈ €2.8m
Estimated: probably between €1.9m and €4.5m
Total assets
€995,068▼ 5.4%
2021 · €1.1m
Net result
€141,418▼ 32.5%
2021 · €209,495
Working capital
-€88,018▲ 29.4%
2021 · -€124,736
Trend over the years
2018 to 2022, 5 financial years 2018 to 2022, 5 financial years
The operating result has fallen three years in a row; 2022 is 6% below 2021.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.2m
2022
Net result€0.1m
2022
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€1.0m
2022
Equity-€0.03m
2022
Debt€1.0m
2022
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital-€0.09m
2022
Average staff in full-time equivalents (FTE).
Staff (FTE)19.5
2022
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022
Operating result€0.01m-€0.3m▲ 24×€0.3m▼ 5.5%€0.2m▼ 21.5%€0.2m▼ 6.2%
Net result-€0.02m-€0.3m€0.3m▼ 3.5%€0.2m▼ 19.5%€0.1m▼ 32.5%
Equity-€0.9m--€0.6m▲ 29.6%-€0.4m▲ 40.5%-€0.2m▲ 54.9%-€0.03m▲ 82.1%
Total assets€1.2m-€1.1m▼ 7.4%€1.4m▲ 21.5%€1.1m▼ 23.0%€1.0m▼ 5.4%
Debt€2.1m-€1.8m▼ 16.9%€1.7m▼ 1.1%€1.2m▼ 30.0%€1.0m▼ 16.2%
Working capital-€0.7m--€0.6m▲ 22.2%-€0.3m▲ 44.6%-€0.1m▲ 60.7%-€0.09m▲ 29.4%
Staff (FTE)15.9-17.2▲ 8.2%17.9▲ 4.1%19.4▲ 8.4%19.5▲ 0.5%
Turnover and EBIT margin not published: the abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €995,068
Fixed assets
€57,150 ▲ 9.0%
Current assets
€937,918 ▼ 6.2%
Equity and liabilities
Equity-€30,868
Debt€1.0m
Equity is negative: debt (€1.0m) exceeds the balance-sheet total (€995,068).
Key figures and ratios
Solvency
-3.1%▲
2021 · -16.4%
Current ratio
0.91▲
2021 · 0.89
Quick ratio
0.78▲
2021 · 0.74
ROA
14.2%▼
2021 · 19.9%
Debt ≤ 1 year
€1.0m▼
2021 · €1.1m
Income taxes
€57,867▲
2021 · €2,051
Staff costs
€1.4m▲
2021 · €1.3m
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €1.3m | €1.4m | ▲ 9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.001m | - | - | - | - | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€53 | - | - |
| Other operating charges640/8 | - | - | - | €0.002m | €0.002m | ▲ 4.0% |
| Gross operating margin9900 | €1.0m | €1.4m | €1.4m | €1.5m | €1.6m | ▲ 7.3% |
| Operating profit (loss)9901 | €0.01m | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 6.2% |
| Financial income75/76B | - | - | - | €0.006m | €242 | ▼ 95.9% |
| Recurring financial income75 | €272 | €345 | €5 | €0.006m | €242 | ▼ 95.9% |
| Financial charges65/66B | - | - | - | €0.02m | €0.008m | ▼ 47.1% |
| Recurring financial charges65 | €0.03m | €0.03m | €0.02m | €0.02m | €0.008m | ▼ 47.1% |
| Profit (loss) for the period before taxes9903 | -€0.02m | €0.3m | €0.3m | €0.2m | €0.2m | ▼ 5.8% |
| Income taxes67/77 | €0.001m | €0.002m | €0.002m | €0.002m | €0.06m | ▲ 28× |
| Profit (loss) for the period9904 | -€0.02m | €0.3m | €0.3m | €0.2m | €0.1m | ▼ 32.5% |
| Profit (loss) for the period to be appropriated9905 | -€0.02m | €0.3m | €0.3m | €0.2m | €0.1m | ▼ 32.5% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €1.1m | €1.4m | €1.1m | €1.0m | ▼ 5.4% |
| Fixed assets21/28 | €0.03m | €0.03m | €0.04m | €0.05m | €0.06m | ▲ 9.0% |
| Financial fixed assets28 | €0.03m | €0.03m | €0.04m | €0.05m | €0.06m | ▲ 9.0% |
| Current assets29/58 | €1.2m | €1.1m | €1.3m | €1.0m | €0.9m | ▼ 6.2% |
| Stocks and contracts in progress3 | €0.2m | €0.1m | €0.2m | €0.2m | €0.1m | ▼ 18.2% |
| Stocks30/36 | - | - | - | €0.2m | €0.1m | ▼ 18.2% |
| Amounts receivable within one year40/41 | €1.0m | €1.0m | €1.2m | €0.8m | €0.6m | ▼ 25.3% |
| Trade receivables40 | - | - | - | €0.8m | €0.6m | ▼ 29.8% |
| Other amounts receivable41 | - | - | - | €0.03m | €0.06m | ▲ 92.0% |
| Cash at bank and in hand54/58 | €0.03m | €0.02m | - | - | €0.2m | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €1.1m | €1.4m | €1.1m | €1.0m | ▼ 5.4% |
| Equity10/15 | -€0.9m | -€0.6m | -€0.4m | -€0.2m | -€0.03m | ▲ 82.1% |
| Contributions10/11 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Capital10 | - | - | - | €0.2m | €0.2m | = |
| Issued capital100 | - | - | - | €0.2m | €0.2m | = |
| Reserves13 | €0.006m | €0.006m | €0.006m | €0.006m | €0.006m | = |
| Non-distributable reserves130/1 | - | - | - | €0.006m | €0.006m | = |
| Legal reserve130 | - | - | - | €0.006m | €0.006m | = |
| Profit (loss) carried forward14 | -€1.2m | -€0.9m | -€0.6m | -€0.4m | -€0.3m | ▲ 33.8% |
| Amounts payable17/49 | €2.1m | €1.8m | €1.7m | €1.2m | €1.0m | ▼ 16.2% |
| Amounts payable after more than one year17 | €0.2m | €0.1m | €0.1m | €0.1m | - | - |
| Financial debts170/4 | - | - | - | €0.1m | - | - |
| Amounts payable within one year42/48 | €1.9m | €1.7m | €1.6m | €1.1m | €1.0m | ▼ 8.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.04m | €0.04m | = |
| Financial debts43 | - | - | - | €0.004m | - | - |
| Credit institutions430/8 | - | - | - | €0.004m | - | - |
| Trade debts44 | €0.1m | €0.2m | €0.8m | €0.8m | €0.7m | ▼ 20.1% |
| Suppliers440/4 | - | - | - | €0.8m | €0.7m | ▼ 20.1% |
| Advances received on contracts in progress46 | - | - | - | €0.02m | €0.04m | ▲ 60.2% |
| Taxes, remuneration and social security45 | - | - | - | €0.2m | €0.3m | ▲ 26.6% |
| Taxes450/3 | - | - | - | €0.003m | €0.06m | ▲ 22× |
| Remuneration and social security454/9 | - | - | - | €0.2m | €0.2m | ▲ 0.7% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€16,369 | €269,800 | €260,311 | €209,495 | €141,418 | ▼ 32.5% |
| + Depreciation and write-downs630 | €1,190 | - | - | - | - | - |
| Operating cash flow (approximation) | -€15,178 | €269,800 | €260,311 | €209,495 | €141,418 | ▼ 32.5% |
| Investment in fixed assets (approximation) | - | -€6,700 | -€7,400 | -€11,400 | -€4,700 | ▲ 58.8% |
| Change in cash | - | -€12,031 | - | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 19 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2022 | abbreviated format | 30-06-2023 | 2023-00179319 |
| 31-12-2021 | abbreviated format | 31-08-2022 | 2022-20389706 |
| 31-12-2020 | abbreviated format | 21-06-2021 | 2021-22200334 |
| 31-12-2019 | abbreviated format | 02-07-2020 | 2020-25200114 |
| 31-12-2018 | abbreviated format | 30-08-2019 | 2019-55600445 |
| 31-12-2017 | abbreviated format | 28-06-2018 | 2018-23800270 |
| 31-12-2016 | abbreviated format | 28-07-2017 | 2017-36700601 |
| 31-12-2015 | abbreviated format | 13-07-2016 | 2016-30300411 |
| 31-12-2014 | abbreviated format | 07-07-2015 | 2015-27200166 |
| 31-12-2013 | abbreviated format | 29-08-2014 | 2014-50200576 |
Subsidies and aid
Flemish government
2022 to 2023 · 4 entries · €15,271 awarded · €15,258 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2023 | 2 | €12,612 | €12,612 |
| 2022 | 2 | €2,659 | €2,646 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
No directors read yet: 2 of 6 Gazette acts processed. See the directors and other office holders in the KBO →
Owners and capital
Owners
2 ownersOwners 2
- Sourceact 21-06-2023share not stated
-
share not stated
Sources: the companies' annual accounts, 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.
Capital and shareholders
Shareholders according to the deeds
Stated in the act
act of 21-06-2023 ↗
- LISIC B.V. (BE 0832.707.287) 23,999,999 shares
- NV WINVISION2020 (BE 0883.237.557) 1 share
The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.
Capital over the years
- 21-06-2023 Capital stated in the deed · €240,000 · 24,000,000 shares
Group and network
Connections & network
The network starts from this company’s shareholders. What else they own or run appears here as nodes.
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Acquisitions and mergers
1 transactionTaken over by:Windowmakers Productie
History
Acts, filings and financial milestones
2023
25-08
Gazette deed
Restructuring · End & cessationMerger1 fact ▸
Gazette deed
Restructuring · End & cessation
Merger1 fact ▸
- Merger, 31-07-2023
30-06
NBB filing
Annual accounts filed
financial year 2022 · abbreviated format
21-06
Gazette deed
RestructuringPermanent representatives: Marcus DE FRAITURE and Daniel VAN DER HEIJDEN · Merger · Incorporation44 facts ▸
Gazette deed
Restructuring
Permanent representatives: Marcus DE FRAITURE and Daniel VAN DER HEIJDEN · Merger · Incorporation44 facts ▸
- Merger, 14181818, 0
- Merger, 32263636, 0
- Incorporation, 01-10-2004 (2 times)
- Other provision, “statutenwijziging, sindsdien niet meer gewijzigd” (deed in Dutch)
- Board composition, LISIC B.V. (director and managing director) (3 times)
- Board composition, GEVELGOED KOZIJNEN B.V. (director) (3 times)
- Permanent representative, Marcus DE FRAITURE (3 times)
- Permanent representative, Daniel VAN DER HEIJDEN (3 times)
- Incorporation, 03-02-1994
- Capital, €240,000
- Shareholding, 23999999, “op datum van opstelling van dit voorstel” (deed in Dutch)
- Shareholding, 1, 24000000
- +32 further facts in this act
2022
31-08
NBB filing
Annual accounts filed
financial year 2021 · abbreviated format · 31 days late
2021
21-06
NBB filing
Annual accounts filed
financial year 2020 · abbreviated format
2020
02-07
NBB filing
Annual accounts filed
financial year 2019 · abbreviated format
2019
31-12
Financial
Back to profitnet €269,800
Net result €269,800 after one loss-making year.
30-08
NBB filing
Annual accounts filed
financial year 2018 · abbreviated format · 30 days late
2018
28-06
NBB filing
Annual accounts filed
financial year 2017 · abbreviated format
2017
28-07
NBB filing
Annual accounts filed
financial year 2016 · abbreviated format
2016
13-07
NBB filing
Annual accounts filed
financial year 2015 · abbreviated format
2015
07-07
NBB filing
Annual accounts filed
financial year 2014 · abbreviated format
2014
29-08
NBB filing
Annual accounts filed
financial year 2013 · abbreviated format · 29 days late
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 19 annual accounts filed, the latest 10 are here; all 19 are under Financials.
2 of 6 deeds read
About the unread acts
Of the 6 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 4 have not been read yet: what they contain is neither established nor disproved here.
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Inactive
Absorbed by Windowmakers Productie in July 2023
WINDOWMAKERS SERVICES is no longer in the KBO register: Windowmakers Productie took it over in a merger by absorption, published in the Belgian Official Gazette on 25 August 2023.
- Status
- Inactive
- Reason
- Merger by absorptionBelgian Official Gazette, 25 August 2023 · act
- Absorbed by
- Windowmakers Productie · 0867.699.147
- Last annual accounts
- financial year to 31 December 2022
- Last registered office
- Everdongenlaan 24, 2300 Turnhoutas published on 25 August 2023
- Legal form
- Public limited company
- Active since
- 2005 (first annual accounts)
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Articles of association
- PurposeThe activities the company may carry out under its articles.
- “De montage, de levering en de plaatsing, in het kader van de bouwnijverheid van buiten- en binnenschrijnwerk van hout, van metaal, van…” (deed in Dutch)
8 activities (deed in Dutch)
- De montage, de levering en de plaatsing, in het kader van de bouwnijverheid van buiten- en binnenschrijnwerk van hout, van metaal, van kunststof of van enig ander materiaal: deuren, vensters, kozijnen, trappen, muurkasten, inbouwkeukens, inrichtingen, bekledingen, enz., erin begrepen, de afsluiting, inrichting en afwerking van alle gebouwen;
- De installatie van, de levering en de plaatsing van garagepoorten, luiken, zonneblinden, traliewerk, hekken, enz. in hout, metaal, kunststof of enig ander materiaal;
- De montage, de installatie, de levering en de plaatsing van serres, veranda's enz., in hout, metaal, kunststof of enig ander materiaal;
- Het aanbrengen, het leveren en plaatsen van glas, spiegels, deuren, scheidingswanden, enz, van glas;
- Daartoe kan de vennootschap samenwerken met, deelnemen in, of op gelijk welke wijze, rechtstreeks of onrechtstreeks, belangen nemen in andere ondernemingen.
- De vennootschap kan zowel tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden borg stellen, onder meer door haar goederen in hypotheek of in pand te geven, inclusief de eigen handelszaak.
- De vennootschap kan in het algemeen alle commerciële, industriële, financiële, roerende of onroerende handelingen verrichten in rechtstreeks of onrechtstreeks verband met haar maatschappelijk doel of welke van aard zouden zijn de verwezenlijking ervan geheel of ten dele te vergemakkelijken.
- Zij kan ook de functies van bestuurder of vereffenaar in andere vennootschappen waarnemen.
- Other provisionsOther rules from the articles that fall under none of the themes above.
- 2 more provisions in the deed, see the deed of 21-06-2023
Read from the deeds: 3 provisions, deed of 21-06-2023