ACTIVE

WIND4FLANDERS PROJECTS 4

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Financial year 2025 · closed on 31/12/2025
Net result
921,5 k €
-49.4% YoY
Revenue
7,6 M €
-11.5% YoY
Equity
10,7 M €
+9.4% YoY

What does WIND4FLANDERS PROJECTS 4 do?

WIND4FLANDERS PROJECTS 4 is a Public limited company incorporated in 2016. Its main activity is: Production of electricity. Its registered office is in Bruxelles.

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0667.684.850
Incorporation
13/12/2016
Legal form
Public limited company
Registered office
Boulevard Simon Bolivar 36
1000 Bruxelles · BruxellesSee on map
Contributed capital
500 000,00 €
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
ProfitablePositive cashflowPositive EBITDAHigh revenue
View the BCE/KBO Public Search record →
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 9 financial years

202520242023202220212020201920182017
Income statement
Revenue7,6 M €8,6 M €17,1 M €8,8 M €8,4 M €10,4 M €5,9 M €516 k €–
EBITDA5,5 M €6,4 M €13,9 M €7,6 M €6,9 M €9,3 M €4,8 M €224,2 k €-15 k €
Operating result1,8 M €2,7 M €10,3 M €3,9 M €3,2 M €5,9 M €2,8 M €129,3 k €-15 k €
Net result921,5 k €1,8 M €7,3 M €2,7 M €2,2 M €4,4 M €1,9 M €14,9 k €-15 k €
Balance sheet
Equity10,7 M €9,8 M €8 M €660,7 k €600 k €1,3 M €1,9 M €5,4 M €2,5 M €
Total assets49,9 M €60,4 M €63,6 M €64,5 M €67 M €76 M €73 M €42,7 M €13,1 M €
Cash1,5 M €4,5 M €1 M €5,8 M €5,2 M €9,8 M €9,8 M €2,3 M €12,3 M €
Debts38,4 M €50 M €55,1 M €63,5 M €66,1 M €74,6 M €71 M €37,3 M €10,6 M €
Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 19 active · 66 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
Siegfried 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
Ann PANIS

Director · since 13 décembre 2016 · until 15 mai 2029

Active
Harold VANHEEL

Director · since 13 décembre 2016 · until 15 mai 2029

Active
Lionel MATTHYSEN

Director · since 13 décembre 2016 · until 15 mai 2029

Active
Luc VAN HOVE

Director · since 13 décembre 2016 · until 15 mai 2029

Active
Rik SOENS

Director · since 13 décembre 2016 · until 15 mai 2029

Active
Valérie DUCHESNE

Director · since 13 décembre 2016 · until 27 novembre 2025

Active

Ended mandates

Nico PRIEM

Director · since 28 novembre 2024 · until 20 mai 2025

Ended
Siegfried 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
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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 date27/05/202622/05/202523/05/202430/05/202319/05/202225/05/2021
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

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Filings

Annual accounts filings

9 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202519/05/202627/05/2026DutchPDF
Full model31/12/202420/05/202522/05/2025DutchPDF
Full model31/12/202321/05/202423/05/2024DutchPDF
Full model31/12/202216/05/202330/05/2023DutchPDF
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 model31/12/201821/05/201903/06/2019DutchPDF
Full model31/12/201715/05/201818/05/2018DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 · 66 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
Siegfried 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
Ann PANIS

Director · since 13 décembre 2016 · until 15 mai 2029

Active
Harold VANHEEL

Director · since 13 décembre 2016 · until 15 mai 2029

Active
Lionel MATTHYSEN

Director · since 13 décembre 2016 · until 15 mai 2029

Active
Luc VAN HOVE

Director · since 13 décembre 2016 · until 15 mai 2029

Active
Rik SOENS

Director · since 13 décembre 2016 · until 15 mai 2029

Active
Valérie DUCHESNE

Director · since 13 décembre 2016 · until 27 novembre 2025

Active

Ended mandates

Nico PRIEM

Director · since 28 novembre 2024 · until 20 mai 2025

Ended
Siegfried 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

  • Mandates08/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates22/04/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/07/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/01/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates11/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates24/07/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates16/07/2024
    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. 19/05/2026
    nominationGeert Dhooghe — bestuurder
  2. 19/05/2026
    nominationAart Geens — bestuurder
  3. 2025
    Annual accounts 2025921,5 k €↓
  4. 27/11/2025
    nominationGeert Dhooghe — bestuurder
  5. 27/11/2025
    nominationAart Geens — bestuurder
  6. 20/05/2025
    reconductionRik Soens — bestuurder
  7. 20/05/2025
    reconductionLuc Van Hove — bestuurder
  8. 20/05/2025
    reconductionHarold Vanheel — bestuurder
  9. 20/05/2025
    reconductionHenk Kindt — bestuurder
  10. 20/05/2025
    reconductionNico Priem — bestuurder
  11. 20/05/2025
    reconductionChristophe Lamoureux — bestuurder
  12. 20/05/2025
    reconductionLionel Matthysen — bestuurder
  13. 20/05/2025
    reconductionNicolas Van de Abeele — bestuurder
  14. 20/05/2025
    reconductionSiegfried Vanhevel — bestuurder
  15. 20/05/2025
    reconductionTom Bollaert — bestuurder
  16. 20/05/2025
    reconductionAnn Naessens — bestuurder
  17. 20/05/2025
    reconductionValérie Duchesne — bestuurder
  18. 20/05/2025
    nominationIsabel Van Quickelberghe — bestuurder
  19. 20/05/2025
    nominationWillem Wevers — bestuurder
  20. 20/05/2025
    reconductionDeloitte Bedrijfsrevisoren — Commissaris
  21. 2024
    Annual accounts 20241,8 M €↓
  22. 28/11/2024
    nominationNico Priem — bestuurder
  23. 26/09/2024
    nominationSiegfried Vanhevel — bestuurder
  24. 26/09/2024
    nominationRik Soens — voorzitter
  25. 26/09/2024
    nominationNicolas Van den Abeele — ondervoorzitter
  26. 21/05/2024
    nominationChristophe Lamoureux — bestuurder
  27. 2023
    Annual accounts 20237,3 M €↑
  28. 05/12/2023
    nominationChristophe Lamoureux — bestuurder
  29. 09/03/2023
    nominationNicolas Van den Abeele — bestuurder
  30. 09/03/2023
    nominationNicolas Van den Abeele — bestuurder en Voorzitter
  31. 2022
    Annual accounts 20222,7 M €↑
  32. 17/05/2022
    reconductionFilip Meuleman — bestuurder
  33. 17/05/2022
    reconductionRik Soens — bestuurder
  34. 17/05/2022
    reconductionTom Bollaert — bestuurder
  35. 17/05/2022
    reconductionJurgen Callaerts — bestuurder
  36. 17/05/2022
    reconductionHenk Kindt — bestuurder
  37. 17/05/2022
    reconductionLionel Matthysen — bestuurder
  38. 17/05/2022
    reconductionNico Priem — bestuurder
  39. 17/05/2022
    reconductionHarold Vanheel — bestuurder
  40. 17/05/2022
    reconductionLuc Van Hove — bestuurder
  41. 17/05/2022
    reconductionMuriel Desplanque — bestuurder
  42. 17/05/2022
    reconductionValérie Duchèsne — bestuurder
  43. 17/05/2022
    reconductionAnn Naessens — bestuurder
  44. 17/05/2022
    reconductionAnn Panis — bestuurder
  45. 17/05/2022
    nominationWalter Van den Bossche — bestuurder
  46. 17/05/2022
    reconductionDirk Cleymans — Commissaris (vertegenwoordiger van Deloitte Bedrijfsrevisoren)
  47. 2021
    Annual accounts 20212,2 M €↓
  48. 2020
    Annual accounts 20204,4 M €↑
  49. 2019
    Annual accounts 20191,9 M €↑
  50. 2018
    Annual accounts 201814,9 k €↑
  51. 2017
    Annual accounts 2017-15 k €
  52. 13/12/2016
    IncorporationPublic limited company