Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 31 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
43 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Wind4Flanders Projects Alfa from Brussel, company number BE0737828520, closed financial year 2025 with a result of € -475,241 after tax. For that financial year Wind4Flanders Projects Alfa recorded revenue of € 5 million and equity of € 2.2 million. Compared with financial year 2024, the result moved from € -417,417 to € -475,241. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on May 26, 2026.
€ 2.2 million
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -475,241
▼ 14 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1.2 million
▼ 28% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.1 million.
Debts at end 2025
€ 51 million
▼ 5% vs 2024
€ 5.8 million is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 781,570
▼ 50% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 181 days on average.
€ 107,458
▲ 21% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 3,184,471 | € 9,347,182 | € 4,866,278 | € 4,965,682 | ▲ 2% |
| Profit after taxes | € -190,882 | € 3,305,098 | € -417,417 | € -475,241 | ▼ € 57,824 |
| Equity | € -182,159 | € 3,122,938 | € 2,705,521 | € 2,230,280 | ▼ 18% |
| Total debts | € 60,588,944 | € 58,082,721 | € 55,768,523 | € 52,272,977 | ▼ 6% |
| Cash | € 416,809 | € 5,885,604 | € 1,593,081 | € 1,151,748 | ▼ 28% |
| Retained profit | € -282,159 | € 3,022,938 | € 2,605,521 | € 2,130,280 | ▼ 18% |
| Bank debt | € 53,775,071 | € 56,213,501 | € 53,812,501 | € 50,985,301 | ▼ 5% |
| Balance sheet total | € 60,480,985 | € 61,355,460 | € 58,699,444 | € 54,804,257 | ▼ 7% |
Key figures of Wind4Flanders Projects Alfa, 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 Wind4Flanders Projects Alfa?
What happened at Wind4Flanders Projects Alfa in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Willem WEVERS stepped down as director. NBB
- Harold VANHEEL stepped down as director. NBB
- Nico PRIEM stepped down as director. NBB
- Tom BOLLAERT stepped down as director. NBB
- Lionel MATTHYSEN stepped down as director. NBB
- Henk KINDT stepped down as director. NBB
- Luc VAN HOVE stepped down as director. NBB
- Christophe LAMOUREUX stepped down as director. NBB
In short
From € 190,882 loss in 2022 to € 475,241 loss in 2025.
Paid € 208,928 in corporate taxes since 2022.
Best year ever: 2023, with € 3.3 million profit.
Pays suppliers within 181 days on average.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by Wind4Flanders NV (100%).
Directors
According to the 2025 annual accounts
since 2025 · until 2029
Harold VANHEEL
Director
Also active at: ELECTRABEL GREEN PROJECTS FLANDERS, WIND4Flanders Projects 1, WIND4FLANDERS PROJECTS 2, WIND4FLANDERS, WIND4FLANDERS PROJECTS 3, WIND4FLANDERS PROJECTS 4, Zefier, Wind4Flanders Projects Beta +2 more
since 2025 · until 2029
Nico PRIEM
Director
Also active at: WIND4Flanders Projects 1, WIND4WALLONIA, WIND4FLANDERS PROJECTS 2, WIND4FLANDERS, WIND4WALLONIA 2, WALWIND, ICO WINDPARK, WIND4WALLONIA 3 +4 more
since 2024 · until 2029
Valérie DUCHESNE
Director
Also active at: WIND4Flanders Projects 1, WIND4FLANDERS PROJECTS 2, WIND4FLANDERS, WIND4FLANDERS PROJECTS 3, WIND4FLANDERS PROJECTS 4, Wind4Flanders Projects Beta
since 2025 · until 2025
since 2025 · until 2029
Lionel MATTHYSEN
Director
Also active at: ELECTRABEL GREEN PROJECTS FLANDERS, WIND4Flanders Projects 1, WIND4FLANDERS PROJECTS 2, WIND4FLANDERS, WIND4FLANDERS PROJECTS 3, WIND4FLANDERS PROJECTS 4, ICO WINDPARK, Wind4Flanders Projects Beta +1 more
since 2025 · until 2029
Henk KINDT
Director
Also active at: Sociaal Actiefonds, De Spil, WIND4Flanders Projects 1, WIND4FLANDERS PROJECTS 2, WIND4FLANDERS, WIND4FLANDERS PROJECTS 3, WIND4FLANDERS PROJECTS 4, Zefier +2 more
since 2025 · until 2029
Ann PANIS
Director
Also active at: WIND4Flanders Projects 1, WIND4FLANDERS PROJECTS 2, WIND4FLANDERS, WIND4FLANDERS PROJECTS 3, WIND4FLANDERS PROJECTS 4, Zefier, Wind4Flanders Projects Beta, Storm Geraardsbergen +1 more
since 2022 · until 2025
Luc VAN HOVE
Director
Also active at: ELECTRABEL GREEN PROJECTS FLANDERS, WIND4FLANDERS, WIND4FLANDERS PROJECTS 3, Wind4Flanders Projects Beta
since 2025 · until 2029
Aart GEENS
Director
Also active at: WIND4Flanders Projects 1, WIND4FLANDERS, WIND4FLANDERS PROJECTS 3, WIND4FLANDERS PROJECTS 4, Wind4Flanders Projects Beta
since 2025 · until 2026
Geert DHOOGHE
Director
Also active at: ELECTRABEL GREEN PROJECTS FLANDERS, ELECTRABEL SEANERGY, WIND4Flanders Projects 1, WIND4FLANDERS PROJECTS 2, WIND4FLANDERS, WIND4FLANDERS PROJECTS 3, WIND4FLANDERS PROJECTS 4, Seagull I +3 more
since 2025 · until 2026
Christophe LAMOUREUX
Director
Also active at: ELECTRABEL GREEN PROJECTS FLANDERS, WIND4Flanders Projects 1, WIND4FLANDERS PROJECTS 2, WIND4FLANDERS, WIND4FLANDERS PROJECTS 3, WIND4FLANDERS PROJECTS 4, GROEN COMPAGNIE VERTE, Wind4Flanders Projects Beta
since 2025 · until 2029
Ann NAESSENS
Director
Also active at: ELECTRABEL GREEN PROJECTS FLANDERS, ELECTRABEL SEANERGY, WIND4Flanders Projects 1, WIND4FLANDERS PROJECTS 2, WIND4FLANDERS, WIND4FLANDERS PROJECTS 3, WIND4FLANDERS PROJECTS 4, Seagull I +3 more
since 2025 · until 2025
since 2025 · until 2029
Rik SOENS
Chairman of the board
Also active at: Intergemeentelijke Maatschappij voor Openbare Gezondheid in Zuid-West-Vlaanderen, WESTTOER, SW+, Woonmaatschappij VIVUS, Centrum voor Informatica – Oplossingen – Ondersteuning – Overheid, Koninklijke Waregemse Koersvereniging, Inagro, provinciaal extern verzelfstandigd agentschap in privaatrechtelijke vorm, BEDRIJVENCENTRUM REGIO WAREGEM +9 more
since 2025 · until 2029
Nicolas VAN DEN ABEELE
Vice-chairman of the board
Also active at: ELECTRABEL GREEN PROJECTS FLANDERS, WIND4Flanders Projects 1, WIND4FLANDERS PROJECTS 2, WIND4FLANDERS, WIND4FLANDERS PROJECTS 3, WIND4FLANDERS PROJECTS 4, GROEN COMPAGNIE VERTE, Wind4Flanders Projects Beta +1 more
since 2025 · until 2029
Siegfried VANHEVEL
Director
Also active at: WIND4FLANDERS PROJECTS 2, WIND4FLANDERS, WIND4FLANDERS PROJECTS 3, WIND4FLANDERS PROJECTS 4, Wind4Flanders Projects Beta, GREENSKY
since 2025 · until 2029
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Simon Bolivarlaan 36
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 43 companies are registered at this address.
All companies at this address →Union financière et industrielle
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€ 13.1 billion revenue · 2025
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€ 33.4 million revenue · 2024
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0737.828.520
- VAT number
- BE 0737.828.520
- Registered office
- Simon Bolivarlaan 36, 1000 Brussel
- Names & denominations
- Wind4Flanders Projects Alfa · W4F PROJECTS Alfa
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 19 November 2019
- Peppol
- Active · Active since 16 Dec 2025
- Contact
- engie.com
- Activities · NACE
Productie van elektriciteit uit niet-hernieuwbare bronnen
Handel in elektriciteit
Distributie van elektriciteit