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WINDWART

Active
Private limited companyfounded 20232 yrs activeExcelsiorlaan 71, 1930 Zaventem, BelgiumKBO/BCE: BE 1001.571.223
Summary

The computed 12-month bankruptcy probability of WINDWART is 2.9% (moderate). The 2024 annual accounts show equity of €6,167 and a net result of €4,167. Its solvency ranks better than 48% of 36386 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes
Profitability100
Solvency70
Growth-
Track record67
Bankruptcy probability, 12 months
2.9% Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 2 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
45.1%
Return on assets
30.5%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2024
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its 2024 accounts 31 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 24 October 2023, WINDWART was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, micro schema

Equity
€6,167
Total assets
€13,664
Net result
€4,167
Working capital
€6,167

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Equity and liabilities €13,664
Equity €6,167
Debt €7,497
Debt finances 54.9% of the balance-sheet total.
Key figures and ratios
2024 value
Current ratio
1.82
Debt to equity
1.22
ROE
67.6%
ROA
30.5%
Debt ≤ 1 year
€7,497
Income taxes
€1,126

Peer companies

Historical observation

Of the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.5% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,276 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 · 28 lines
Balance sheet Code2024
Assets
Total assets20/58€13,664
Current assets29/58€13,664
Amounts receivable within one year40/41€2,954
Trade receivables40€2,954
Cash at bank and in hand54/58€10,710
Equity and liabilities
Total equity and liabilities10/49€13,664
Equity10/15€6,167
Contributions10/11€2,000
Profit (loss) carried forward14€4,167
Amounts payable17/49€7,497
Amounts payable within one year42/48€7,497
Trade debts44€2,557
Suppliers440/4€2,557
Taxes, remuneration and social security45€4,922
Taxes450/3€4,922
Other amounts payable47/48€18
Income statement Code2024
Other operating charges640/8€165
Gross operating margin9900€5,464
Operating profit (loss)9901€5,299
Financial income75/76B€4
Recurring financial income75€4
Financial charges65/66B€10
Recurring financial charges65€10
Profit (loss) for the period before taxes9903€5,293
Income taxes67/77€1,126
Profit (loss) for the period9904€4,167
Profit (loss) for the period to be appropriated9905€4,167
Appropriation of the result
Profit (loss) to be appropriated9906€4,167

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2024
Other operating charges640/8€165
Gross operating margin9900€5,464
Operating profit (loss)9901€5,299
Financial income75/76B€4
Recurring financial income75€4
Financial charges65/66B€10
Recurring financial charges65€10
Profit (loss) for the period before taxes9903€5,293
Income taxes67/77€1,126
Profit (loss) for the period9904€4,167
Profit (loss) for the period to be appropriated9905€4,167
Line2024
Assets
Total assets20/58€13,664
Current assets29/58€13,664
Amounts receivable within one year40/41€2,954
Trade receivables40€2,954
Cash at bank and in hand54/58€10,710
Equity and liabilities
Total equity and liabilities10/49€13,664
Equity10/15€6,167
Contributions10/11€2,000
Profit (loss) carried forward14€4,167
Amounts payable17/49€7,497
Amounts payable within one year42/48€7,497
Trade debts44€2,557
Suppliers440/4€2,557
Taxes, remuneration and social security45€4,922
Taxes450/3€4,922
Other amounts payable47/48€18
Line2024
Profit (loss) for the period9904€4,167
Operating cash flow (approximation)€4,167

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
31-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
NBB filing
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zaventem · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
5,736 m²
Building footprint
1,786 m²
Volume, LiDAR
17,026 m³
2 parcels, Flanders · tallest building 12.6 m, ±3 floors. Linked by address, not a title deed.
282 companies at this address See who is registered here
1 establishment unit
WINDWART
Civil engineering
since 20232.353.133.886
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23094D0036/00W000 Flanders 5,436 m² 1 · 1,487 m² 12.6 m · 3 fl.
23016D0063/00W002 Flanders 300 m² 1 · 299 m² 12.6 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 20,025 companies in sector 43320 we hold annual accounts for 9,138. 3,556 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded24-10-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
43120Site preparation
43350Other building finishing work
E-invoicing
Reachable via Peppol
Peppol ID 0208:1001571223
Also 9925:BE1001571223
Registered 30-12-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.