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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
11 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Northwind from Kortrijk, company number BE0894163222, closed financial year 2025 with a result of € 24.8 million after tax. For that financial year Northwind recorded revenue of € 121.1 million and equity of € 67.8 million. Compared with financial year 2024, the result moved from € 23.2 million to € 24.8 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 11, 2026.
€ 67.8 million
▲ 24% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 24.8 million
▲ 7% vs 2024
Profit after tax over the fiscal year.
€ 11.7 million
▼ 52% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 11.7 million paid out
47 % of the profit went to the shareholders, mostly to Aspiravi Offshore NV (70 % of the shares). That is where the money ends up.
Debts at end 2025
€ 280.1 million
▼ 13% vs 2024
€ 44.3 million is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 1.4 million
▼ 90% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 14 days on average.
€ 4.1 million
▲ 47% 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 | € 81,264,460 | € 122,922,719 | € 123,471,682 | € 121,096,264 | ▼ 2% |
| Profit after taxes | € -4,881,140 | € 30,266,771 | € 23,238,123 | € 24,843,636 | ▲ 7% |
| Equity | € 26,458,650 | € 31,382,921 | € 54,621,044 | € 67,768,779 | ▲ 24% |
| Total debts | € 443,723,914 | € 418,383,232 | € 342,168,868 | € 298,725,092 | ▼ 13% |
| Cash | € 12,540,920 | € 32,799,517 | € 24,410,026 | € 11,702,837 | ▼ 52% |
| Retained profit | € -2,032,050 | € 2,892,221 | € 26,130,344 | € 39,278,079 | ▲ 50% |
| Dividend | € 0 | € 25,342,500 | € 0 | € 11,695,900 | |
| Bank debt | € 420,001,436 | € 376,786,755 | € 321,087,963 | € 280,107,745 | ▼ 13% |
| Balance sheet total | € 484,113,581 | € 466,086,854 | € 417,964,684 | € 392,460,101 | ▼ 6% |
Key figures of Northwind, 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 Northwind?
What happened at Northwind in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 24.8 million (▲ 7% vs 2024). Source: NBB ↗
- Rik Van de Walle stepped down as director. NBB
- Philippe Awouters stepped down as director. NBB
- Silja Wiebe stepped down as director. NBB
- Reiko Kawarazaki stepped down as director. NBB
- Ludo Kelchtermans stepped down as director. NBB
- Kenta Nishikawa stepped down as director. NBB
- Peter Jans stepped down as director. NBB
In short
From € 4.9 million loss in 2022 to € 24.8 million profit in 2025.
Paid € 18.5 million in corporate taxes since 2022.
Best year ever: 2023, with € 30.3 million profit.
Paid out € 37 million in dividends to the owners in total.
A new publication or filing at Northwind? We notify you, reason included.
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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 stake of PARKWIND comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NorthwindThe shares are held by Aspiravi Offshore NV (70%), Summit Renewable Energy Northwind Ltd (30%) and PARKWIND (30%). It owns 59.1% of Cableco bv itself.
Directors
According to the 2025 annual accounts
Rik Van de Walle
Director
Also active at: VLAAMSE ECOLOGIE - ENERGIE - EN MILIEUONDERNEMING, ASPIRAVI OFFSHORE, WIND AAN DE STROOM 2014, GROENE ENERGIE HAVEN ANTWERPEN, WIND AAN DE STROOM 2013, SeaMade, LOMMEL WIN(D)T, A&P WIND SERVICES +13 more
since 2020 · until 2026
since 2025 · until 2026
Silja Wiebe
Director
since 2025 · until 2026
Reiko Kawarazaki
Director
since 2025 · until 2026
Ludo Kelchtermans
Chairman of the board
Also active at: FLUXYS BELGIUM, L.K.C., CIPAL, LIZEL, VLAAMSE ENERGIEHOLDING, 3E, HOPPE, C - Power +19 more
since 2020 · until 2026
since 2020 · until 2026
Peter Jans
Director
Also active at: C - Power, ASPIRAVI OFFSHORE, GROENE ENERGIE HAVEN ANTWERPEN, LOMMEL WIN(D)T, Fairville, V2Hfin, ElNu2sea, LIMBURG WIN(D)T +2 more
since 2020 · until 2026
David De Brabant
Director
Also active at: PUBLILEC, C - Power, ASPIRAVI, ASPIRAVI OFFSHORE, The eCloud Company, TeaMWise, ASPIRAVI ENERGY, A&P WIND SERVICES +9 more
since 2024 · until 2026
Shareholders
Participations
59.1%
Establishments
Establishment units
Physical locations of this company
President Kennedypark(Kor) 8A box 1
8500 Kortrijk
Sint-Maartenstraat 5
3000 Leuven
Active since 16 August 2011
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 11 companies are registered at this address.
All companies at this address →ASPIRAVI same network
€ 79.5 million revenue · 2025
ASPIRAVI OFFSHORE same network
€ 557,384 revenue · 2025
TeaMWise same network
€ -10,876 gross margin · 2025
ASPIRAVI ENERGY same network
€ 84.1 million revenue · 2025
A&P WIND SERVICES same network
€ 1.9 million revenue · 2025
+6 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
UPCLOUD, FI
Website info
Features
Security
Details
- Company number
- 0894.163.222
- VAT number
- BE 0894.163.222
- Registered office
- President Kennedypark(Kor) 8A bus 1, 8500 Kortrijk
- Names & denominations
- Northwind
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 13 December 2007
- Peppol
- Active · Active since 13 Mar 2026
- Contact
- aspiravi.be
- Activities · NACE
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