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ASPIRAVI HOLDING

Group · 14 companies

ASPIRAVI HOLDING and the 13 companies it controls according to the LEI register and the annual accounts: the structure, the figures, each company's health and where the risk sits.

Parent's dossierFollow this group My exposure
Companies
14
all in Belgium
Countries
1
Belgium
Total assets
€1.56bn
what the companies own together
Equity
€812.0m
the shareholders' buffer
Net result
€128.4m
profit or loss of the year
Staff (FTE)
66.3
in Belgium, social balance

Sum of the filed annual accounts of 14 of the 14 Belgian companies (fiscal years 2025). Not a consolidation: receivables, participations and sales between group companies are not eliminated, so they count.

Consolidated accounts 2025

Filed by ASPIRAVI HOLDING: the group's figures as one whole, with intra-group positions eliminated. These are the real group figures.

Total assets
€1.26bn
Equity
€395.9m
Turnover
€281.0m
Net result
€61.2m

Group risk

How healthy the group's Belgian companies are, and where the risk sits. A weak subsidiary can cost the parent money, and the other way round.

88/100 median score
  • The parent itself: ASPIRAVI HOLDING, no verdict.
  • 1 company with negative equity: TeaMWise (-€12,662).
  • 2 companies with a loss in the latest year: ASPIRAVI INTERNATIONAL (-€1.1m), TeaMWise (-€11,600).
  • 25.1% of the added-up total assets sits in one company: Northwind.
  • None of the added-up total assets sits at a company with an elevated or high risk.

Group structure

Who consolidates whom according to the LEI register, completed with who holds more than half of the shares according to the annual accounts. Both mean control.

  • ASPIRAVI HOLDING7 subsidiaries
    BE 0833.432.809Parent
    No verdict€381.9m €355.2m 2025
    • ASPIRAVI3 subsidiaries
      BE 0477.518.82584.9% per the accounts
      Healthy · 87€333.0m €108.5m 2025
      • A&P WIND SERVICES
        BE 0563.425.686100% per the accounts
        Healthy · 84€1.7m €77,127 2025
      • LIMBURG WIN(D)T
        BE 0820.832.11366.67% per the accounts
        Healthy · 87€56.3m €6.0m 2025
      • LOMMEL WIN(D)T
        BE 0559.893.403
        Healthy · 88€20.2m €5.0m 2025
    • ASPIRAVI ENERGY
      BE 0553.706.18784.89% per the accounts
      Healthy · 92€29.6m €5.9m 2025
    • ASPIRAVI INTERNATIONAL1 subsidiary
      BE 0665.755.63984.9% per the accounts
      Healthy · 89€76.7m €48.7m 2025
      • ASPIRAVI ANTILLEN
        BE 0654.923.313100% per the accounts
        Healthy · 70€46.6m €41.3m 2025
    • ASPIRAVI OFFSHORE1 subsidiary
      BE 0477.948.59376.4% per the accounts
      Healthy · 88€132.2m €113.5m 2025
      • Northwind1 subsidiary
        BE 0894.163.22270% per the accounts
        Healthy · 64€392.5m €67.8m 2025
        • Cableco
          BE 0631.913.42859.12% per the accounts
          Healthy · 89€44.5m €43.6m 2025
    • ASPIRAVI OFFSHORE II
      BE 0847.319.645100% per the accounts
      Healthy · 91€26.9m €14.8m 2025
    • ASPIRAVI TRADING
      BE 0640.997.18085% per the accounts
      No verdict€18.9m €1.7m 2025
    • TeaMWise
      BE 0552.706.29584.89% per the accounts
      Fair · 50€29,621 -€12,662 2025

High risk Elevated Healthy Fair No verdict Amounts: total assets and equity from the latest accounts.

Shared directors

Who sits on the boards of several group companies. This is where control over the group sits in practice.

5

Events in the group

Bankruptcies, director changes, capital changes and other publications of all Belgian group companies, over the last two years.

  1. Philippe Awouters resigns as director
    Director changeASPIRAVI OFFSHORE
  2. 1 director appointed, 1 director resigning
    Director changeNorthwind
  3. 2 directors appointed, 6 reappointed
    Director changeLOMMEL WIN(D)T
  4. 3 directors appointed
    Director changeLIMBURG WIN(D)T
  5. 3 directors appointed
    Director changeCableco
  6. 2 directors appointed
    Director changeA&P WIND SERVICES
  7. 9 directors appointed
    Director changeNorthwind
  8. 2 directors appointed, 2 directors resigning
    Director changeASPIRAVI ENERGY
  9. 2 directors appointed, 2 directors resigning
    Director changeASPIRAVI TRADING
  10. 2 directors appointed
    Director changeASPIRAVI HOLDING
  11. 2 directors appointed
    Director changeTeaMWise
  12. 2 directors appointed
    Director changeASPIRAVI INTERNATIONAL
  13. 2 directors appointed
    Director changeASPIRAVI ANTILLEN
  14. 2 directors appointed
    Director changeASPIRAVI
  15. 2 directors appointed
    Director changeASPIRAVI OFFSHORE II
  16. Grant Thornton Bedrijfsrevisoren appointed as statutory auditor
    Director changeASPIRAVI OFFSHORE
  17. 1 director appointed, 1 director resigning
    Director changeCableco
  18. Change of permanent representative
    Director changeLIMBURG WIN(D)T
  19. Registered office moved from Harelbeke to Kortrijk
    Registered office moveNorthwind
  20. 1 director appointed, 1 director resigning
    Director changeNorthwind
  21. Change of permanent representative
    Director changeASPIRAVI OFFSHORE II
  22. Ludo Kelchtermans appointed as chair of the board
    Director changeASPIRAVI OFFSHORE
  23. Registered office moved from Harelbeke to Kortrijk
    Registered office moveASPIRAVI OFFSHORE
  24. Registered office moved from Harelbeke to Kortrijk
    Registered office moveASPIRAVI OFFSHORE II

What is my exposure to this group?

The companies of this group you keep in your lists or follow, seen together.

Where do these figures come from?

Completed with the annual accounts: a company of which another Belgian company holds more than half of the shares, by the list of holdings or the shareholder structure in its accounts, stands under that company, with the share. The register of ultimate beneficial owners (UBO) is not public.

The group's make-up comes from the LEI register (GLEIF): which company consolidates which other, directly or ultimately. A company whose link the register does not state is not listed here, even if it does belong to the group.

The amounts are those of the annual accounts each Belgian company filed with the National Bank, added up without consolidation. The verdict per company is that of its dossier on Checked.be. Everything is updated every night.

Updated on 04-10-2026

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