Financials
Financial year 2025
WINDELS from Avelgem, company number BE0459578377, closed financial year 2025 with a result of € -6,849 after tax. For that financial year WINDELS recorded a gross margin of € 535,854 and equity of € 164,249. Compared with financial year 2024, the result moved from € 22,141 to € -6,849. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 164,249
▼ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,849
▼ still € 22,141 profit in 2024
Profit after tax over the fiscal year.
€ 35,467
▼ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 145,657.
People and assets in 2025
6.7
▲ 0.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 349,068
€ 52,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 34,507
▲ 6% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 423,066
▼ 6% vs 2024
€ 52,821 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 289,172
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 21,053
▼ 18% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 411,847 | € 578,757 | € 499,813 | € 535,854 | ▲ 7% |
| Profit after taxes | € -76,459 | € 86,239 | € 22,141 | € -6,849 | ▼ € 28,990 |
| Equity | € 62,718 | € 148,957 | € 171,098 | € 164,249 | ▼ 4% |
| Total debts | € 895,760 | € 767,840 | € 843,539 | € 743,707 | ▼ 12% |
| Cash | € 101,674 | € 37,394 | € 53,629 | € 35,467 | ▼ 34% |
| Land & buildings | € 203,477 | € 182,233 | € 179,630 | € 152,155 | ▼ 15% |
| Retained profit | € 44,126 | € 130,365 | € 152,506 | € 145,657 | ▼ 4% |
| Bank debt | € 512,925 | € 463,436 | € 451,748 | € 423,066 | ▼ 6% |
| Balance sheet total | € 958,478 | € 916,797 | € 1,014,637 | € 907,957 | ▼ 11% |
| Employees (FTE) | 6.4 | 5.3 | 5.8 | 6.7 | ▲ 0.9 |
Key figures of WINDELS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to WINDELS?
What happened at WINDELS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,849 (▼ € 28,990 vs 2024). Source: NBB ↗
- New establishment in Avelgem. KBO
- Start of the company according to the CBE. KBO
In short
From € 76,459 loss in 2022 to € 6,849 loss in 2025.
Paid € 37,828 in corporate taxes since 2022.
Best year ever: 2023, with € 86,239 profit.
On average € 80,000 of value added per employee in 2025.
Management
Behind WINDELS is Bart Windels.
Directors
According to the 2025 annual accounts
Bart Windels
Director
Establishments
Establishment units
Physical locations of this company
Leynseelstraat 94
8580 Avelgem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0459.578.377
- VAT number
- BE 0459.578.377
- Registered office
- Leynseelstraat 94, 8580 Avelgem
- Names & denominations
- WINDELS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 December 1996
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Installatie van verwarming, klimaatregeling en ventilatie
Dakwerkzaamheden
Sanitaire werkzaamheden
Detailhandel in huismeubilair
Detailhandel in meubels
Dakbedekking en bouw van dakconstructies
Overig loodgieterswerk
+1