ZUDERWIND
ActiveSummary
The computed 12-month bankruptcy probability of ZUDERWIND is 2.4% (moderate). The 2025 annual accounts show equity of €57k and a net result of €7k. Equity is growing by ~17.7% per year across the filed fiscal years. Its solvency ranks better than 15% of 7778 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-1
Solvency39▲+2
Growth52=
Track record94
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.21 in 2024; short-term debt: 64.7% and cash: 12.8% of total assets), and 85.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
14.4%
Return on assets
1.7%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 7778 sector peers (2025).
NBB · sector comparisonPosition among 7778 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 09-01-2026, 22 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
22 d early
2024
44 d early
2023
26 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€57k▲ 13.4%
2024 · €50k
2023: €39k
2024: €50k
2023 → 2025
Total assets
€396k▼ 6.6%
2024 · €424k
2023: €420k
2024: €424k
2023 → 2025
Net result
€7k▼ 39.0%
2024 · €11k
2023: €29k
2024: €11k
2023 → 2025
Working capital
€70k▲ 19.8%
2024 · €58k
2023: €62k
2024: €58k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€39k-€50k▲ 28.2%€57k▲ 13.4%
Operating result€42k-€19k▼ 54.0%€14k▼ 28.6%
Net result€29k-€11k▼ 62.1%€7k▼ 39.0%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 29% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €396k
Fixed assets
€70k ▼ 21.3%
Current assets
€326k ▼ 2.7%
Equity and liabilities €396k
Equity
€57k ▲ 13.4%
Debt
€339k ▼ 9.3%
The debt ratio falls from 88.2% to 85.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€40k▼
2024 · €44k
Cash flow
€33k▼
2024 · €35k
Current ratio
1.27▲
2024 · 1.21
Quick ratio
1.12▲
2024 · 1.01
Debt / equity
5.95▼
2024 · 7.44
ROE
11.8%▼
2024 · 22.0%
ROA
1.7%▼
2024 · 2.6%
Interest coverage
17.25▲
2024 · 14.62
Debt ≤ 1 year
€256k▼
2024 · €277k
Debt > 1 year
€72k▼
2024 · €92k
Income taxes
€5k▼
2024 · €7k
Staff costs
€311k▼
2024 · €319k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€424k€396k▼
Fixed assets21/28€89k€70k▼
Tangible fixed assets22/27€88k€69k▼
Plant, machinery and equipment23€18k€18k▼
Furniture and vehicles24€69k€51k▼
Financial fixed assets28€1k€1k=
Current assets29/58€335k€326k▼
Stocks and contracts in progress3€54k€38k▼
Stocks30/36€54k€38k▼
Amounts receivable within one year40/41€246k€229k▼
Trade receivables40€246k€215k▼
Other amounts receivable41€60€14k▲
Cash at bank and in hand54/58€31k€51k▲
Deferred charges and accrued income490/1€3k€8k▲
Equity and liabilities
Total equity and liabilities10/49€424k€396k▼
Equity10/15€50k€57k▲
Contributions10/11€10k€10k=
Reserves13€40k€47k▲
Distributable reserves133€40k€47k▲
Amounts payable17/49€374k€339k▼
Amounts payable after more than one year17€92k€72k▼
Financial debts170/4€92k€72k▼
Amounts payable within one year42/48€277k€256k▼
Current portion of amounts payable after more than one year42€22k€23k▲
Trade debts44€100k€72k▼
Suppliers440/4€100k€72k▼
Taxes, remuneration and social security45€30k€25k▼
Taxes450/3€15k€9k▼
Remuneration and social security454/9€15k€16k▲
Other amounts payable47/48€125k€135k▲
Accrued charges and deferred income492/3€5k€11k▲
Income statement
Code20242025
Non-recurring operating income76A€4k€0▼
Remuneration, social security and pensions62€319k€311k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€26k▲
Other operating charges640/8€2k€2k▲
Gross operating margin9900€365k€354k▼
Operating profit (loss)9901€19k€14k▼
Financial income75/76B€1k€249▼
Recurring financial income75€1k€249▼
Financial charges65/66B€3k€2k▼
Recurring financial charges65€3k€2k▼
Profit (loss) for the period before taxes9903€18k€12k▼
Income taxes67/77€7k€5k▼
Profit (loss) for the period9904€11k€7k▼
Profit (loss) for the period to be appropriated9905€11k€7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€7k▼
Transfer to equity691/2€11k€7k▼
To other reserves6921€11k€7k▼
Social balance
Average headcount (FTE)90874.94.7▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-06
Financial
Weakest financial yearnet €7k ▼39%
Net result drops to €7k, the lowest in the series.
2024
18-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
05-01
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Kuurne · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kattestraat 818520 KuurneGround area
1,182 m²
Building footprint
613 m²
Volume, LiDAR
4,547 m³
Parcel 34023B0596/00K004, Flanders · tallest building 11.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Zuderwind
since 20222.334.271.148
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34023B0596/00K004 | Flanders | 1,182 m² | 1 · 613 m² | 11.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 2,429 EUR awarded · 2,429 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,571 EUR | 1,571 EUR |
| 2024 | 1 | 570 EUR | 570 EUR |
| 2023 | 1 | 144 EUR | 144 EUR |
| 2022 | 1 | 144 EUR | 144 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Similar companies · same sector, comparable size
PMC ISOLATION
BE 0833.108.749
Brunehaut · Eq €57k
Halle Work
BE 0687.559.358
Halle · Eq €57k
D.Y. ISOLATION
BE 0477.345.908
Schaarbeek · Eq €57k
2R2 CONSTRUCTION
BE 0627.954.145
Rixensart · Eq €57k
DULEO
BE 0825.591.645
Pajottegem · Eq €57k
Of 4,271 companies in sector 43230 we hold annual accounts for 1,241. 1,034 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-07-2022
Fiscal year end30-06
Activities, NACEBEL
43230Insulation installation
43291Specialised construction activities
43310Plastering work
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.