ACTIVE

North Sea Wind

Financial year 2025 · Closed on 31/12/2025

Net result588,8 k €-0,7 %over 1 year
Gross margin-181 k €+16,7 %over 1 year
Equity14,9 M €-0,2 %over 1 year

Identity

Source · BCE/KBO

North Sea Wind is a Cooperative society incorporated in 2018. Its registered office is in Leuven.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0715.938.489
Incorporation
18/12/2018
Legal form
Cooperative society
Registered office
Sint-Maartenstraat 5
3000 Leuven · FlandreSee on map
Contributed capital
14 849 710,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflow

Financials

Source · NBB, 7 filings

Trend over 6 financial years

20252024202320222021
Income statement
Gross margin-181 k €-217,1 k €-205,6 k €-260 k €-247 k €
EBITDA-182 k €-218,1 k €-206,6 k €-260,9 k €-247,9 k €
Operating result-281,9 k €-218,1 k €-206,6 k €-260,9 k €-247,9 k €
Net result588,8 k €592,8 k €665,3 k €550,2 k €567,3 k €
Balance sheet
Equity14,9 M €14,9 M €15 M €15,1 M €15,1 M €
Total assets15,8 M €15,8 M €16 M €15,9 M €15,9 M €
Cash27,5 k €19,8 k €8,2 k €60,1 k €44,4 k €
Debts830,9 k €899,1 k €952,6 k €831,2 k €824,9 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 16 ended

Active mandates

Marlies Vlasselaer

Director · since 09 mai 2025 · until 18 mai 2026

Active
Jean de Leu de Cecil

Director · since 13 mai 2024 · until 10 mai 2029

Active
Kristof Verlinden

Director · since 13 mai 2024 · until 10 mai 2029

Active
Maaike Ortibus

Director · since 13 mai 2024 · until 10 mai 2029

Active
Maria De Cock

Director · since 13 mai 2024 · until 10 mai 2029

Active
Peter Caluwaerts

Director · since 13 mai 2024 · until 09 mai 2025

Active
Thomas Decamps

Director · since 13 mai 2024 · until 10 mai 2029

Active

Ended mandates

Peter Caluwaerts

Director · since 13 mai 2024 · until 10 mai 2029

Ended
Kristof Verlinden

Director · since 26 juillet 2023 · until 13 mai 2024

Ended
Peter Caluwaerts

Director · since 26 juillet 2023 · until 13 mai 2024

Ended
Jean de Leu de Cecil

Director · since 14 mai 2020 · until 09 mai 2024

Ended

Other companies at this address

Sint-Maartenstraat 5 3000 Leuven
CompanyCBE no.
BELWIND● Active
0879.041.417
Nobelwind● Active
0543.652.534
NORTHWESTER 2● Active
0834.020.549
PARKWIND● Active
0844.796.259
1005.411.334

Full financial information

Source · NBB
202520242023202220212020
Type of accountAbridged modelAbridged modelAbridged modelAbridged modelAbridged modelAbridged 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 date11/06/202615/05/202520/06/202422/06/202321/06/202204/06/2021
General meeting18/05/202608/05/202513/05/202411/05/202312/05/202212/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 7 filings
ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202518/05/202611/06/2026DutchPDF
Abridged model31/12/202408/05/202515/05/2025DutchPDF
Abridged model31/12/202313/05/202420/06/2024DutchPDF
Abridged model31/12/202211/05/202322/06/2023DutchPDF
Abridged model31/12/202112/05/202221/06/2022DutchPDF
Abridged model31/12/202012/05/202104/06/2021DutchPDF
Abridged model31/12/201914/05/202015/06/2020DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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.

Board of directors

Source · NBB, accounts to 31/12/2025

7 active · 16 ended

Active mandates

Marlies Vlasselaer

Director · since 09 mai 2025 · until 18 mai 2026

Active
Jean de Leu de Cecil

Director · since 13 mai 2024 · until 10 mai 2029

Active
Kristof Verlinden

Director · since 13 mai 2024 · until 10 mai 2029

Active
Maaike Ortibus

Director · since 13 mai 2024 · until 10 mai 2029

Active
Maria De Cock

Director · since 13 mai 2024 · until 10 mai 2029

Active
Peter Caluwaerts

Director · since 13 mai 2024 · until 09 mai 2025

Active
Thomas Decamps

Director · since 13 mai 2024 · until 10 mai 2029

Active

Ended mandates

Peter Caluwaerts

Director · since 13 mai 2024 · until 10 mai 2029

Ended
Kristof Verlinden

Director · since 26 juillet 2023 · until 13 mai 2024

Ended
Peter Caluwaerts

Director · since 26 juillet 2023 · until 13 mai 2024

Ended
Jean de Leu de Cecil

Director · since 14 mai 2020 · until 09 mai 2024

Ended

Ownership and network

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Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates13/08/2025
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates23/10/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/01/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/08/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/01/2020
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM
    PDF
  • Mandates06/09/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Other20/12/2018
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

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 2025588,8 k €↓
  2. 2024
    Annual accounts 2024592,8 k €↓
  3. 2023
    Annual accounts 2023665,3 k €↑
  4. 2022
    Annual accounts 2022550,2 k €↓
  5. 2021
    Annual accounts 2021567,3 k €↓
  6. 2020
    Annual accounts 2020679,9 k €
  7. 18/12/2018
    IncorporationCooperative society