BOW Trading
ActiveThe computed 12-month bankruptcy probability of BOW Trading is 2.2% (moderate). The annual accounts of BOW Trading for fiscal year 2025 show a net loss of 59% of the equity at the start of that year. The 2025 annual accounts show equity of €9k and a net result of €-12k. Equity is growing by ~79.7% per year across the filed fiscal years. Its solvency ranks better than 31% of 18040 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
36
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability18▼-74
Solvency37▼-8
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.39 against 1.63 in 2024; short-term debt: 58.5% and cash: 1.1% of total assets), and 88% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
12%
Return on assets
-17%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 30-04-2026, 0 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
365 d late
2022
46 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€9k▼ 58.7%
2024 · €21k
2022: €-5k
2023: €1k
2024: €21k
2022 → 2025
Total assets
€72k▼ 30.0%
2024 · €103k
2022: €55k
2023: €74k
2024: €103k
2022 → 2025
Net result
€-12k
2024 · €19k
2022: €-5k
2023: €6k
2024: €19k
2022 → 2025
Working capital
€16k▼ 49.2%
2024 · €32k
2022: €11k
2023: €20k
2024: €32k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€-5k-€1k€21k▲ 1,345%€9k▼ 58.7%
Operating result€-2k-€11k€28k▲ 158%€4k▼ 86.7%
Net result€-5k-€6k€19k▲ 213%€-12k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 87% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €72k
Fixed assets
€13k▼ 27.6%
Current assets
€58k▼ 30.6%
Equity and liabilities €72k
Equity
€9k▼ 58.7%
Debt
€63k▼ 22.7%
The debt ratio rises from 79.7% to 88.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€9k▼
2024 · €34k
Cash flow
€-7k▼
2024 · €25k
Solvency
12.0%▼
2024 · 20.3%
Current ratio
1.39▼
2024 · 1.63
Quick ratio
0.37▼
2024 · 0.80
Debt / equity
7.34▲
2024 · 3.92
ROE
-142.1%▼
2024 · 93.1%
ROA
-17.0%▼
2024 · 18.9%
Interest coverage
2.22▼
2024 · 7.87
Debt
€63k▼
2024 · €82k
Debt ≤ 1 year
€42k▼
2024 · €52k
Debt > 1 year
€17k▼
2024 · €24k
Income taxes
€12k▲
2024 · €6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€103k€72k▼
Fixed assets21/28€18k€13k▼
Tangible fixed assets22/27€18k€13k▼
Furniture and vehicles24€18k€13k▼
Current assets29/58€84k€58k▼
Stocks and contracts in progress3€43k€43k=
Stocks30/36€43k€43k=
Amounts receivable within one year40/41€37k€3k▼
Trade receivables40€6k€3k▼
Other amounts receivable41€31k€630▼
Current investments50/53€3k€3k=
Cash at bank and in hand54/58€0€783▲
Deferred charges and accrued income490/1€637€8k▲
Equity and liabilities
Total equity and liabilities10/49€103k€72k▼
Equity10/15€21k€9k▼
Contributions10/11€100€100=
Reserves13€21k€9k▼
Non-distributable reserves130/1€3k€3k=
Own shares acquired1312€3k€3k=
Distributable reserves133€17k€5k▼
Profit (loss) carried forward14€0-
Amounts payable17/49€82k€63k▼
Amounts payable after more than one year17€24k€17k▼
Financial debts170/4€24k€17k▼
Amounts payable within one year42/48€52k€42k▼
Current portion of amounts payable after more than one year42€17k€7k▼
Financial debts43€5k€0▼
Credit institutions430/8€5k€0▼
Trade debts44€5k€7k▲
Suppliers440/4€5k€7k▲
Taxes, remuneration and social security45€25k€23k▼
Taxes450/3€25k€23k▼
Other amounts payable47/48€0€4k▲
Accrued charges and deferred income492/3€6k€5k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€5k▼
Other operating charges640/8€2k€7k▲
Gross operating margin9900€35k€16k▼
Operating profit (loss)9901€28k€4k▼
Financial income75/76B€977€396▼
Recurring financial income75€977€396▼
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€25k€187▼
Income taxes67/77€6k€12k▲
Profit (loss) for the period9904€19k€-12k▼
Profit (loss) for the period to be appropriated9905€19k€-12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€17k€-12k▼
Profit (loss) brought forward from the previous period14P€-2k€0▲
Transfer from equity791/2-€12k
Transfer to equity691/2€17k€0▼
To other reserves6921€17k€0▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €-12k ▼163%
Net result drops to €-12k, the lowest in the series.
30-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 365 days late
2024
30-09
Financial
Highest result since 2022net €19k ▲213%
Operating result €28k, net result €19k, both a record.
2023
30-09
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 46 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Zwevegem · 1 establishment unit since 2020
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Esserstraat(Z) 13B8550 ZwevegemGround area
5,704 m²
Building footprint
3,386 m²
Volume, LiDAR
21,689 m³
2 parcels, Flanders · tallest building 9.7 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Box trading company
since 20202.311.244.635
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34042A0823/00N000 | Flanders | 3,308 m² | 1 · 2,111 m² | 9.7 m · 3 fl. |
| 34042A0823/00L000 | Flanders | 2,397 m² | 1 · 1,274 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,968 companies in sector 47120 we hold annual accounts for 2,186. 1,176 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-12-2020
Fiscal year end30-09
Trade name NL
24sailors
Activities, NACEBEL
47120Other non-specialised retail sale
47910Retail trade
47639Retail sale of other sporting goods
47640Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:info@24sailors.com