Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2025 and 2026.
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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2026; threshold 65 %.
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Busy address KBO
13 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2026
BALI WIND from Wavre, company number BE0869875412, closed financial year 2026 with a result of € -19,663 after tax. Compared with financial year 2025, the result moved from € -17,655 to € -19,663. 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 October 2, 2026.
€ -2.1 million
▼ € 19,663 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -19,663
▼ 11 % more loss than in 2025
Profit after tax over the fiscal year.
€ 151,677
▼ 10% vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5.7 million.
Debts at end 2026
None
No bank loans on the last day of the fiscal year.
€ 4,250
▲ 213% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 90 days on average.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Profit after taxes | € -768,173 | € -58,801 | € -17,655 | € -19,663 | ▼ € 2,007 |
| Equity | € -1,971,816 | € -2,030,616 | € -2,048,272 | € -2,067,934 | ▼ € 19,663 |
| Total debts | € 3,300,386 | € 3,466,340 | € 3,467,700 | € 3,470,590 | |
| Cash | € 55,031 | € 84,217 | € 168,434 | € 151,677 | ▼ 10% |
| Land & buildings | € 1,171,344 | € 1,171,344 | € 1,171,344 | € 1,171,344 | |
| Retained profit | € -5,578,716 | € -5,637,517 | € -5,655,173 | € -5,674,835 | |
| Balance sheet total | € 1,328,570 | € 1,435,724 | € 1,419,428 | € 1,402,656 | ▼ 1% |
Key figures of BALI WIND, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to BALI WIND?
What happened at BALI WIND in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ENECO WIND BELGIUM SA stepped down as director. NBB
- REALFI SRL stepped down as director. NBB
- New annual accounts for financial year 2026: loss of € 19,663. Source: NBB ↗
- ENECO WIND BELGIUM SA became a director. NBB
- REALFI SRL became a director. NBB
- New establishment in Wavre. KBO
- Start of the company according to the CBE. KBO
In short
From € 768,173 loss in 2023 to € 19,663 loss in 2026.
Pays suppliers within 90 days on average.
Management
The shares are held by ENECO WIND BELGIUM SA (99.8%) and ENECO WIND BELGIUM HOLDING SA (0.2%).
Directors
According to the 2026 annual accounts
Director · represented by Erwin Leeuwis
Also active at: LES VENTS DE L'ORNOI, Boreas Wind Offshore, PAMPERO WIND, EnDev-R, BAYAMO WIND, NEWCASTLE WIND, MELTEMI WIND, HEGOA WIND +12 more
since 2017 · until 2029
Managing director · represented by Miguel de Schaetzen
Also active at: ENECO WIND BELGIUM, LES VENTS DE L'ORNOI, SeaMade, LIBECCIO I, Boreas Wind Offshore, PAMPERO WIND, EnDev-R, BAYAMO WIND +14 more
since 2017 · until 2029
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Chaussée de Huy 120 box A
1300 Wavre
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 13 companies are registered at this address.
All companies at this address →INTERNATIONAL ORE ET FERTILIZER BELGIUM
€ 303.1 million revenue · 2025
C.I.S. Trading
€ 83,710 gross margin · 2025
ENECO WIND BELGIUM same network
€ 15.1 million revenue · 2025
LES VENTS DE L'ORNOI same network
€ 843,944 revenue · 2026
Boreas Wind Offshore same network
+8 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
- 0869.875.412
- VAT number
- BE 0869.875.412
- Registered office
- Chaussée de Huy 120 bus A, 1300 Wavre
- Names & denominations
- BALI WIND
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 8 November 2004
- Peppol
- Not registered
- Activities · NACE
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