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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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
CORDONA WIND from Wavre, company number BE0888975306, closed financial year 2026 with a result of € 397,533 after tax. For that financial year CORDONA WIND recorded revenue of € 1.9 million and equity of € 3.7 million. Compared with financial year 2025, the result moved from € -472,850 to € 397,533. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on September 28, 2026.
€ 3.7 million
▲ 12% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 397,533
▲ still € 472,850 loss in 2025
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 304,491.
Debts at end 2026
€ 3.6 million
▼ 22% vs 2025
€ 1 million is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 86,761
▼ 18% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 69 days on average.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 4,764,393 | € 1,783,392 | € 1,132,120 | € 1,930,784 | ▲ 71% |
| Profit after taxes | € 1,711,965 | € 87,266 | € -472,850 | € 397,533 | ▲ € 870,383 |
| Equity | € 3,766,042 | € 3,768,308 | € 3,295,458 | € 3,692,991 | ▲ 12% |
| Total debts | € 9,065,503 | € 6,008,069 | € 4,809,980 | € 3,760,933 | ▼ 22% |
| Cash | € 18,171 | € 17,671 | € 16,887 | - | |
| Retained profit | € 377,542 | € 379,808 | € -93,042 | € 304,491 | ▲ € 397,533 |
| Dividend | € 1,700,000 | € 85,000 | € 0 | € 0 | |
| Bank debt | € 6,607,372 | € 5,590,853 | € 4,574,334 | € 3,557,816 | ▼ 22% |
| Balance sheet total | € 12,990,493 | € 9,971,157 | € 8,336,048 | € 7,720,366 | ▼ 7% |
Key figures of CORDONA 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 CORDONA WIND?
What happened at CORDONA WIND in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- ACLM SRL stepped down as director. NBB
- IDETA SCRL stepped down as director. NBB
- ENECO WIND BELGIUM SA stepped down as director. NBB
- New annual accounts for financial year 2026: profit of € 397,533. Source: NBB ↗
- ACLM SRL became a director. NBB
- IDETA SCRL became a director. NBB
- ENECO WIND BELGIUM SA became a director. NBB
- New establishment in Wavre. KBO
In short
From € 1.7 million profit in 2023 to € 397,533 profit in 2026.
Paid € 609,479 in corporate taxes since 2023.
Best year ever: 2023, with € 1.7 million profit.
Paid out € 1.8 million in dividends to the owners in total.
Management
The shares are held by ENECO WIND BELGIUM SA (75%) and IDETA SCRL (25%).
Directors
According to the 2026 annual accounts
Managing director · represented by Arnaud JANVIER
Also active at: NEWCASTLE WIND, Sirocco Wind
since 2024 · until 2029
Director · represented by Camille DESTREBECQ
Also active at: SOCIETE INDUSTRIELLE DE BIOMETHANISATION, ENoRa, CerWal, WESTERN WALLONIA WIND & ENERGY, REMIND WALLONIA, TOTALLY WIND, EUROMETROPOLITAN E-CAMPUS, Cadastre et Inspection Télévisuelle des réseaux +1 more
since 2019 · until 2029
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
Shareholders
25%
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
- 0888.975.306
- VAT number
- BE 0888.975.306
- Registered office
- Chaussée de Huy 120 bus A, 1300 Wavre
- Names & denominations
- CORDONA WIND
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 April 2007
- Peppol
- Not registered
- Activities · NACE
Productie van elektriciteit uit niet-hernieuwbare bronnen
Handel in elektriciteit