ACTIVE

WINDSOR

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Financial year 2025 · closed on 31/12/2025

Net result

123,6 k €

+3.9% YoY

Gross margin

228,8 k €

-2.6% YoY

Equity

950,9 k €

+4.8% YoY

What does WINDSOR do?

WINDSOR is a Public limited company incorporated in 1988. Its registered office is in Damme.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0434.729.650

Incorporation

27/06/1988

Legal form

Public limited company

Registered office

Rabattestraat 14
8340 Damme · FlandreSee on map

Contributed capital

670 000,00 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	228,8 k €	-2.6%	234,9 k €	+11.0%	211,6 k €	+1.0%	209,6 k €	+1.4%	206,8 k €	+50.0%	137,9 k €	-11.0%	155 k €	-12.2%	176,4 k €	+2.6%	172 k €	+1.6%	169,3 k €	-0.0%	169,4 k €	+2.3%	165,7 k €	+0.7%	164,6 k €	+2.5%	160,6 k €	+23.5%	130,1 k €	+19.3%	109 k €	+38.6%	78,6 k €	-13.0%	90,4 k €	+1.6%	89 k €	+7.1%	83,1 k €
EBITDA	213,1 k €	-3.0%	219,7 k €	+11.5%	197 k €	+0.6%	195,8 k €	+1.1%	193,7 k €	+55.1%	125 k €	-12.9%	143,4 k €	-13.1%	164,9 k €	+2.5%	160,9 k €	+5.9%	152 k €	-4.1%	158,4 k €	+2.5%	154,5 k €	+0.5%	153,7 k €	+2.5%	149,9 k €	+25.1%	119,8 k €	+21.1%	99 k €	+44.0%	68,7 k €	-15.0%	80,9 k €	-0.4%	81,2 k €	+6.7%	76,1 k €
Operating result	172,9 k €	+1.3%	170,7 k €	+15.7%	147,5 k €	-4.1%	153,9 k €	+5.6%	145,8 k €	+75.7%	83 k €	-24.4%	109,8 k €	-16.6%	131,5 k €	+1.3%	129,9 k €	-2.8%	133,6 k €	-8.1%	145,3 k €	+2.0%	142,5 k €	+0.2%	142,2 k €	+2.8%	138,4 k €	+27.8%	108,3 k €	+22.9%	88,1 k €	+62.3%	54,3 k €	-18.3%	66,4 k €	-0.5%	66,8 k €	+8.3%	61,7 k €
Net result	123,6 k €	+3.9%	119 k €	+58.8%	74,9 k €	-35.8%	116,6 k €	+5.5%	110,5 k €	+74.2%	63,5 k €	-11.4%	71,7 k €	-22.8%	92,8 k €	+7.1%	86,7 k €	-15.2%	102,3 k €	-0.8%	103,1 k €	+5.7%	97,5 k €	-8.1%	106,1 k €	+1.8%	104,2 k €	+29.4%	80,5 k €	+12.4%	71,6 k €	+32.3%	54,1 k €	-3.5%	56,1 k €	-26.5%	76,3 k €	+31.8%	57,9 k €
Balance sheet
Equity	950,9 k €	+4.8%	907,3 k €	+5.5%	859,9 k €	+0.3%	857,6 k €	-6.7%	919,2 k €	+5.4%	872,2 k €	+7.8%	808,7 k €	+9.7%	737,1 k €	-3.8%	766,3 k €	+0.9%	759,6 k €	+0.4%	756,3 k €	-1.2%	765,4 k €	+0.5%	761,9 k €	+2.7%	741,6 k €	+2.5%	723,2 k €	+1.7%	711,4 k €	+0.4%	708,4 k €	+0.4%	705,7 k €	+0.5%	702,4 k €	+0.5%	698,7 k €
Total assets	1,6 M €	+3.5%	1,6 M €	+3.4%	1,5 M €	+58.4%	964,4 k €	+1.4%	951 k €	+4.3%	911,4 k €	+12.2%	812,5 k €	-3.5%	841,8 k €	-2.3%	861,5 k €	-6.1%	917,8 k €	+2.1%	898,9 k €	+1.8%	883,2 k €	+3.1%	856,6 k €	+0.9%	848,9 k €	+4.9%	809,4 k €	+2.2%	791,7 k €	+3.0%	769 k €	+0.5%	764,8 k €	-2.0%	780,6 k €	+2.1%	764,5 k €
Cash	8,7 k €	+223%	2,7 k €	-73.2%	10,1 k €	-55.8%	22,7 k €	-76.7%	97,4 k €	+855%	10,2 k €	-83.2%	60,8 k €	-43.2%	107 k €	+41.5%	75,6 k €	-18.0%	92,2 k €	+161%	35,4 k €	+247%	10,2 k €	+7.3%	9,5 k €	+27.0%	7,5 k €	-51.2%	15,3 k €	+50.5%	10,2 k €	-1.8%	10,4 k €	+134%	4,4 k €	-95.3%	94,1 k €	+806%	10,4 k €
Debts	647,8 k €	+1.8%	636,6 k €	+0.6%	633,1 k €	+766%	73,1 k €	+6516%	1,1 k €	-91.6%	13,1 k €	+299%	3,3 k €	-96.8%	104,2 k €	+10.0%	94,7 k €	-39.9%	157,7 k €	+11.0%	142,1 k €	+21.1%	117,3 k €	+24.5%	94,2 k €	-9.7%	104,3 k €	+21.5%	85,8 k €	+11.1%	77,3 k €	+28.4%	60,1 k €	+2.4%	58,7 k €	-24.5%	77,8 k €	+19.0%	65,4 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 8 ended

Active mandates

Cédric Van Ryckeghem

Managing director · since 08 novembre 2023 · until 02 juin 2029

Active

Christian Van Ryckeghem

Managing director · since 08 novembre 2023 · until 02 juin 2029

Active

Valérie Van Ryckeghem

Director · since 08 novembre 2023 · until 02 juin 2029

Active

Ended mandates

Cédric Van Ryckeghem

Managing director · since 28 juin 2022

Ended

Cédric Van Ryckeghem

Managing director

Ended

Christian Van Ryckeghem

Managing director

Ended

Luc Van Ryckeghem

Managing director · until 28 juin 2022

Ended

At this address

Other companies at this address

Company	CBE no.
ACE AGENCY● Active	0662.818.816

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/06/2026	04/07/2025	29/07/2024	17/07/2023	30/06/2022	27/07/2021
General meeting	06/06/2026	07/06/2025	01/06/2024	03/06/2023	04/06/2022	05/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	06/06/2026	30/06/2026	Dutch	PDF
Micro model	31/12/2024	07/06/2025	04/07/2025	Dutch	PDF
Micro model	31/12/2023	01/06/2024	29/07/2024	Dutch	PDF
Micro model	31/12/2022	03/06/2023	17/07/2023	Dutch	PDF
Micro model	31/12/2021	04/06/2022	30/06/2022	Dutch	PDF
Micro model	31/12/2020	05/06/2021	27/07/2021	Dutch	PDF
Micro model	31/12/2019	07/07/2020	23/07/2020	Dutch	PDF
Micro model	31/12/2018	01/06/2019	15/07/2019	Dutch	PDF
Micro model	31/12/2017	02/06/2018	16/07/2018	Dutch	PDF
Micro model	31/12/2016	03/06/2017	10/07/2017	Dutch	PDF
Abridged model	31/12/2015	04/06/2016	25/07/2016	Dutch	PDF
Abridged model	31/12/2014	06/06/2015	10/06/2015	Dutch	PDF
Abridged model	31/12/2013	07/06/2014	25/07/2014	Dutch	PDF
Abridged model	31/12/2012	01/06/2013	31/07/2013	Dutch	PDF
Abridged model	31/12/2011	02/06/2012	19/07/2012	Dutch	PDF
Abridged model	31/12/2010	04/06/2011	18/08/2011	Dutch	PDF
Abridged model	31/12/2009	05/06/2010	16/07/2010	Dutch	PDF
Abridged model	31/12/2008	06/06/2009	09/07/2009	Dutch	PDF
Abridged model	31/12/2007	07/06/2008	19/06/2008	Dutch	PDF
Abridged model	31/12/2006	02/06/2007	19/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 8 ended

Active mandates

Cédric Van Ryckeghem

Managing director · since 08 novembre 2023 · until 02 juin 2029

Active

Christian Van Ryckeghem

Managing director · since 08 novembre 2023 · until 02 juin 2029

Active

Valérie Van Ryckeghem

Director · since 08 novembre 2023 · until 02 juin 2029

Active

Ended mandates

Cédric Van Ryckeghem

Managing director · since 28 juin 2022

Ended

Cédric Van Ryckeghem

Managing director

Ended

Christian Van Ryckeghem

Managing director

Ended

Luc Van Ryckeghem

Managing director · until 28 juin 2022

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates16/11/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - DOEL - ONTSLAGEN - BENOEMINGEN - KAPITAAL - AANDELEN
PDF
Mandates12/07/2022
ONTSLAGEN - BENOEMINGEN
PDF
Registered office30/09/2020
MAATSCHAPPELIJKE ZETEL
PDF
Mandates12/02/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates20/01/2015
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/07/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates10/08/2006
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025123,6 k €↑
2024
Annual accounts 2024119 k €↑
2023
Annual accounts 202374,9 k €↓
2022
Annual accounts 2022116,6 k €↑
2021
Annual accounts 2021110,5 k €↑
2020
Annual accounts 202063,5 k €↓
2019
Annual accounts 201971,7 k €↓
2018
Annual accounts 201892,8 k €↑
2017
Annual accounts 201786,7 k €↓
2016
Annual accounts 2016102,3 k €↓
2015
Annual accounts 2015103,1 k €↑
2014
Annual accounts 201497,5 k €↓
2013
Annual accounts 2013106,1 k €↑
2012
Annual accounts 2012104,2 k €↑
2011
Annual accounts 201180,5 k €↑
2010
Annual accounts 201071,6 k €↑
2009
Annual accounts 200954,1 k €↓
2008
Annual accounts 200856,1 k €↓
2007
Annual accounts 200776,3 k €↑
2006
Annual accounts 200657,9 k €
27/06/1988
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

WINDSOR

Overview

What does WINDSOR do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline