ACTIVE

WIND4Flanders Projects 1

Export PDF
Financial year 2025 · closed on 31/12/2025
Net result
2,1 M €
-21.7% YoY
Revenue
5,8 M €
-13.4% YoY
Equity
16,9 M €
+5.1% YoY

What does WIND4Flanders Projects 1 do?

WIND4Flanders Projects 1 is a Public limited company incorporated in 2014. Its main activity is: Production of electricity. Its registered office is in Bruxelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0553.485.859
Incorporation
28/05/2014
Legal form
Public limited company
Registered office
Boulevard Simon Bolivar 36
1000 Bruxelles · BruxellesSee on map
Contributed capital
10 400 050,00 €
Latest accounts
31/12/2025
Activities (NACE)
35110Production of electricity· main35110Production of electricity35140Trade of electricity35150Electric power generation, transmission and distribution
Contacts
1 public detail availableLog in to view
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHigh revenue
View the BCE/KBO Public Search record →
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 12 financial years

202520242023202220212020201920182017201620152014
Income statement
Revenue5,8 M €6,7 M €9,2 M €6,1 M €5,2 M €6,7 M €5,9 M €5,2 M €5,3 M €5,5 M €1,7 M €–
EBITDA4,6 M €5,5 M €7,9 M €4,9 M €4,2 M €5,5 M €4,1 M €4,1 M €4,2 M €4,5 M €1,2 M €-114 k €
Operating result2,8 M €3,6 M €6 M €3,1 M €2,4 M €3,8 M €2,4 M €2,3 M €2,5 M €2,7 M €999,1 k €-114 k €
Net result2,1 M €2,6 M €4,3 M €2,1 M €1,5 M €2,6 M €1,6 M €1,5 M €1,6 M €1,8 M €69,5 k €-115,2 k €
Balance sheet
Equity16,9 M €16,1 M €18,3 M €13,9 M €13,9 M €13,5 M €12,4 M €12,2 M €11,5 M €10,5 M €10,4 M €2,9 M €
Total assets19,6 M €22,3 M €25,9 M €26,7 M €27,4 M €30,2 M €31,9 M €32,7 M €35,6 M €38,6 M €36,2 M €12,7 M €
Cash1,6 M €1,8 M €2,3 M €3,7 M €1,6 M €1,9 M €3,5 M €2,5 M €3,6 M €5,6 M €2,5 M €–
Debts1,8 M €5,3 M €6,9 M €12,1 M €12,9 M €16,2 M €19 M €20,2 M €23,9 M €27,9 M €25,8 M €9,8 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 50 M€ and 100 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 19 active · 78 ended

Active mandates

Aart Geens

Director · since 27 novembre 2025 · until 19 mai 2026

Active
Geert DHOOGHE

Director · since 27 novembre 2025 · until 19 mai 2026

Active
Isabel VAN QUICKELBERGHE

Director · since 20 mai 2025 · until 15 mai 2029

Active
Willem WEVERS

Director · since 20 mai 2025 · until 15 mai 2029

Active
Nico PRIEM

Director · since 28 novembre 2024 · until 15 mai 2029

Active
Nicolas VAN DEN ABEELE

Vice-chairman of the board of directors · since 26 septembre 2024 · until 26 septembre 2027

Active
Rik SOENS

Chairman of the board of directors · since 26 septembre 2024 · until 26 septembre 2027

Active
Siefgried VANHEVEL

Director · since 26 septembre 2024 · until 15 mai 2029

Active
Christophe LAMOUREUX

Director · since 05 décembre 2023 · until 15 mai 2029

Active
Nicolas VAN DEN ABEELE

Director · since 09 mars 2023 · until 15 mai 2029

Active
Tom BOLLAERT

Director · since 19 mai 2020 · until 15 mai 2029

Active
Henk KINDT

Director · since 21 mai 2019 · until 15 mai 2029

Active
Ann NAESSENS

Director · since 21 février 2019 · until 27 novembre 2025

Active
Valérie DUCHESNE

Director · since 14 avril 2016 · until 27 novembre 2025

Active
Ann PANIS

Director · since 03 septembre 2015 · until 15 mai 2029

Active
Harold VANHEEL

Director · since 03 septembre 2015 · until 15 mai 2029

Active
Rik SOENS

Director · since 03 septembre 2015 · until 15 mai 2029

Active
Lionel MATTHYSEN

Director · since 19 mai 2015 · until 15 mai 2029

Active
Luc VAN HOVE

Director · since 20 avril 2015 · until 15 mai 2029

Active

Ended mandates

Nico PRIEM

Director · since 28 novembre 2024 · until 20 mai 2025

Ended
Siefgried VANHEVEL

Director · since 26 septembre 2024 · until 20 mai 2025

Ended
Christophe LAMOUREUX

Director · since 05 décembre 2023 · until 20 mai 2025

Ended
Christophe LAMOUREUX

Director · since 05 décembre 2023 · until 13 juin 2025

Ended
At this address

Other companies at this address

CompanyCBE no.
BELGIAN NUCLEAR LIABILITIES FUND● Active
0760.370.429
BELGONUCLEAIRE● Active
0403.126.258
BELUX INNOVATION HOLDING● Active
0664.799.495
BE-NUC● Active
1009.228.976
BLOMHOF● Active
0405.671.420
Cercle des Ex-Tra asbl● Active
0725.783.296
CoGreen● Active
0525.640.426
Conquest4Wind P5● Active
0697.691.997
ELECTRABEL● Active
0403.170.701
ELECTRABEL GREEN PROJECTS FLANDERS● Active
0465.399.763
ELECTRABEL SEANERGY● Active
0479.612.837
Electric Mobility Infrastructure Belgium● Active
1027.867.824
ENERGY ASSISTANCE● Active
0475.635.144
ENGIE CC● Active
0442.100.363
ENGIE ENERGY MANAGEMENT● Active
0831.958.211
ENGIE ENERGY SERVICES INTERNATIONAL● Active
0403.108.145
ENGIE Global Business Support● Active
0505.619.626
Engie Impact Belgium● Active
0724.730.649
ENGIE MANAGEMENT COMPANY BELGIUM● Active
0825.952.921
ENGIE PILLAR 2 - BELGIQUE● Active
1014.115.204
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date27/05/202628/05/202523/05/202401/06/202319/05/202225/05/2021
General meeting19/05/202620/05/202521/05/202416/05/202317/05/202218/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

12 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202519/05/202627/05/2026DutchPDF
Full model31/12/202420/05/202528/05/2025DutchPDF
Full model31/12/202321/05/202423/05/2024DutchPDF
Full model31/12/202216/05/202301/06/2023DutchPDF
Full model31/12/202117/05/202219/05/2022DutchPDF
Full model31/12/202018/05/202125/05/2021DutchPDF
Full model31/12/201919/05/202025/05/2020DutchPDF
Full model31/12/201821/05/201928/05/2019DutchPDF
Full model31/12/201715/05/201818/05/2018DutchPDF
Full model31/12/201616/05/201708/06/2017DutchPDF
Full model31/12/201517/05/201615/06/2016DutchPDF
Full model31/12/201419/05/201520/05/2015DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 50 M€ and 100 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 · 19 active · 78 ended

Active mandates

Aart Geens

Director · since 27 novembre 2025 · until 19 mai 2026

Active
Geert DHOOGHE

Director · since 27 novembre 2025 · until 19 mai 2026

Active
Isabel VAN QUICKELBERGHE

Director · since 20 mai 2025 · until 15 mai 2029

Active
Willem WEVERS

Director · since 20 mai 2025 · until 15 mai 2029

Active
Nico PRIEM

Director · since 28 novembre 2024 · until 15 mai 2029

Active
Nicolas VAN DEN ABEELE

Vice-chairman of the board of directors · since 26 septembre 2024 · until 26 septembre 2027

Active
Rik SOENS

Chairman of the board of directors · since 26 septembre 2024 · until 26 septembre 2027

Active
Siefgried VANHEVEL

Director · since 26 septembre 2024 · until 15 mai 2029

Active
Christophe LAMOUREUX

Director · since 05 décembre 2023 · until 15 mai 2029

Active
Nicolas VAN DEN ABEELE

Director · since 09 mars 2023 · until 15 mai 2029

Active
Tom BOLLAERT

Director · since 19 mai 2020 · until 15 mai 2029

Active
Henk KINDT

Director · since 21 mai 2019 · until 15 mai 2029

Active
Ann NAESSENS

Director · since 21 février 2019 · until 27 novembre 2025

Active
Valérie DUCHESNE

Director · since 14 avril 2016 · until 27 novembre 2025

Active
Ann PANIS

Director · since 03 septembre 2015 · until 15 mai 2029

Active
Harold VANHEEL

Director · since 03 septembre 2015 · until 15 mai 2029

Active
Rik SOENS

Director · since 03 septembre 2015 · until 15 mai 2029

Active
Lionel MATTHYSEN

Director · since 19 mai 2015 · until 15 mai 2029

Active
Luc VAN HOVE

Director · since 20 avril 2015 · until 15 mai 2029

Active

Ended mandates

Nico PRIEM

Director · since 28 novembre 2024 · until 20 mai 2025

Ended
Siefgried VANHEVEL

Director · since 26 septembre 2024 · until 20 mai 2025

Ended
Christophe LAMOUREUX

Director · since 05 décembre 2023 · until 20 mai 2025

Ended
Christophe LAMOUREUX

Director · since 05 décembre 2023 · until 13 juin 2025

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates09/06/2026
    DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates15/05/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other04/12/2025
    DIVERSEN
    PDF
  • Mandates07/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/02/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other06/01/2025
    DIVERSEN
    PDF
  • Mandates11/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/12/2024
    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

Timeline

  1. 2025
    Annual accounts 20252,1 M €↓
  2. 2024
    Annual accounts 20242,6 M €↓
  3. 2023
    Annual accounts 20234,3 M €↑
  4. 2022
    Annual accounts 20222,1 M €↑
  5. 2021
    Annual accounts 20211,5 M €↓
  6. 2020
    Annual accounts 20202,6 M €↑
  7. 2019
    Annual accounts 20191,6 M €↑
  8. 2018
    Annual accounts 20181,5 M €↓
  9. 2017
    Annual accounts 20171,6 M €↓
  10. 2016
    Annual accounts 20161,8 M €↑
  11. 2015
    Annual accounts 201569,5 k €↑
  12. 2014
    Annual accounts 2014-115,2 k €
  13. 28/05/2014
    IncorporationPublic limited company