Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ZOUTEWIND from Ieper, company number BE0860386436, closed financial year 2025 with a result of € -1 million after tax. For that financial year ZOUTEWIND recorded a gross margin of € 3.5 million and equity of € -849,563. Compared with financial year 2024, the result moved from € -474,744 to € -1 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 24, 2026.
€ -849,563
▼ € 1 million vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1 million
▼ 115 % more loss than in 2024
Profit after tax over the fiscal year.
€ 2,131
▼ 69% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -4.3 million.
People and assets in 2025
€ 94,649
▼ 40% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 35,351
▼ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,291
▲ € 4,856 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 22,069 | € -30,206 | € 15,681 | € 3,505,531 | ▲ € 3.5 million |
| Profit after taxes | € -365,181 | € -512,838 | € -474,744 | € -1,019,809 | ▼ € 545,065 |
| Equity | € 1,157,828 | € 644,990 | € 170,246 | € -849,563 | ▼ € 1 million |
| Total debts | € 2,427,873 | € 2,689,333 | € 2,902,072 | € 41,836 | ▼ 99% |
| Cash | € 860 | € 5,328 | € 6,862 | € 2,131 | ▼ 69% |
| Land & buildings | € 3,230,962 | € 3,008,463 | € 2,798,283 | - | |
| Retained profit | € -2,342,172 | € -2,855,010 | € -3,329,754 | € -4,349,563 | ▼ € 1 million |
| Balance sheet total | € 3,585,701 | € 3,334,323 | € 3,072,318 | € 121,478 | ▼ 96% |
Key figures of ZOUTEWIND, 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 ZOUTEWIND?
What happened at ZOUTEWIND in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 1 million. filed late Source: NBB ↗
- Paul Gheysens stepped down as director. NBB
- Passionata BV stepped down as director. NBB
- Paul Gheysens became a director. NBB
- Passionata BV became a director. NBB
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 365,181 loss in 2022 to € 1 million loss in 2025.
Management
The stake of DEUS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ZOUTEWINDThe shares are held by DEUS (99.9%).
Directors
According to the 2025 annual accounts
Paul Gheysens
Chairman of the board
Also active at: DOCK-SITE, R.H.R. - INDUSTRIES, GHELAMCO, GHELAMCO INVEST, SOGIMES, IMMOBILIERE NORTH SEA PROPERTIES, YPFINANCE, THE WHITE HOUSE ZOUTE +74 more
since 2019 · until 2025
Managing director · represented by Ria Vandoorne
Also active at: IMMOBILIERE NORTH SEA PROPERTIES, PRODIP, ELZENWALLE, ZEEWALLE, PROJECT BOUDEWIJNLAAN, ZOUTEKREKEN, PHORMIO, DEUS +2 more
since 2019 · until 2025
Shareholders
99.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kemmelseweg 72
8902 Ieper
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →ELZENWALLE same network
€ 3 million gross margin · 2025
MEDICAL INTELLIGENCE HUB same network
GHLOBAL
€ 251,952 gross margin · 2025
ZEEWALLE same network
€ 8.3 million gross margin · 2025
PASSIONATA same network
€ 102,355 gross margin · 2025
+1 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0860.386.436
- VAT number
- BE 0860.386.436
- Registered office
- Kemmelseweg 72, 8902 Ieper
- Names & denominations
- ZOUTEWIND
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 September 2003
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Algemene bouw van residentiële gebouwen
Bouwen van individuele huizen
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis