BOWACO
ActiveSummary
The computed 12-month bankruptcy probability of BOWACO is 2.1% (moderate). The 2025 annual accounts show equity of €271k and a net result of €162k. Equity is growing by ~113.4% per year across the filed fiscal years. Its solvency ranks better than 60% of 27786 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency81▲+2
Growth78=
Track record94
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity ample (current ratio 2.28 against 2.17 in 2024; short-term debt: 43.8% and cash: 82.7% of total assets), and 43.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
56.2%
Return on assets
33.5%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-06-2026, 59 days ahead of the deadline.
NBB · 3 filingsDeviation from the deadline
2025
59 d early
2024
26 d late
2023
48 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€271k▲ 148%
2024 · €110k
2023: €23k
2024: €110k
2023 → 2025
Total assets
€483k▲ 138%
2024 · €203k
2023: €64k
2024: €203k
2023 → 2025
Net result
€162k▲ 86.5%
2024 · €87k
2023: €20k
2024: €87k
2023 → 2025
Working capital
€271k▲ 147%
2024 · €110k
2023: €23k
2024: €110k
2023 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202320242025Trend
Equity€23k-€110k▲ 380%€271k▲ 148%
Operating result€28k-€112k▲ 294%€215k▲ 90.9%
Net result€20k-€87k▲ 327%€162k▲ 86.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen two years in a row; 2025 is 91% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €483k
Fixed assets
€826
Current assets
€482k
Equity and liabilities €483k
Equity
€271k ▲ 148%
Debt
€212k ▲ 126%
Debt's share of the balance-sheet total falls from 46.1% to 43.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€215k
Cash flow
€162k
Current ratio
2.28▲
2024 · 2.17
Debt to equity
0.78▼
2024 · 0.86
ROE
59.6%▼
2024 · 79.2%
ROA
33.5%▼
2024 · 42.7%
Interest coverage
56.21
Debt ≤ 1 year
€212k▲
2024 · €94k
Income taxes
€49k▲
2024 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 39 lines
Balance sheet
Code20242025
Assets
Total assets20/58€203k€483k▲
Fixed assets21/28-€826
Tangible fixed assets22/27-€826
Furniture and vehicles24-€826
Current assets29/58€203k€482k▲
Amounts receivable within one year40/41€107k€82k▼
Trade receivables40€107k€82k▼
Other amounts receivable41€0€55▲
Cash at bank and in hand54/58€96k€400k▲
Deferred charges and accrued income490/1€522€1k▲
Equity and liabilities
Total equity and liabilities10/49€203k€483k▲
Equity10/15€110k€271k▲
Contributions10/11€3k€3k=
Reserves13€20k€20k=
Distributable reserves133€20k€20k=
Profit (loss) carried forward14€87k€249k▲
Amounts payable17/49€94k€212k▲
Amounts payable within one year42/48€94k€212k▲
Trade debts44€8k€76k▲
Suppliers440/4€8k€76k▲
Taxes, remuneration and social security45€51k€67k▲
Taxes450/3€51k€67k▲
Other amounts payable47/48€35k€68k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€82
Other operating charges640/8€941€2k▲
Gross operating margin9900€113k€217k▲
Operating profit (loss)9901€112k€215k▲
Financial income75/76B€54€427▲
Recurring financial income75€54€427▲
Financial charges65/66B€2k€4k▲
Recurring financial charges65€2k€4k▲
Profit (loss) for the period before taxes9903€110k€211k▲
Income taxes67/77€24k€49k▲
Profit (loss) for the period9904€87k€162k▲
Profit (loss) for the period to be appropriated9905€87k€162k▲
Appropriation of the result
Profit (loss) to be appropriated9906€87k€249k▲
Profit (loss) brought forward from the previous period14P-€87k
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (5 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
02-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2023net €162k ▲86.5%
Operating result €215k, net result €162k, both a record.
31-12
Financial
Equity above €200kEq €271k ▲148%
3 profitable years in a row build equity to €271k.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Equity above €100kEq €110k ▲380%
2 profitable years in a row build equity to €110k.
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Deinze · 1 establishment unit since 2023
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.
Voordestraat 59850 DeinzeGround area
7,366 m²
Building footprint
447 m²
Parcel 44027B0794/00G000, Flanders. Linked by address, not a title deed.
1 establishment unit
BOWACO
since 20232.339.706.118
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44027B0794/00G000 | Flanders | 7,366 m² | 1 · 447 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
ECS
BE 0427.115.942
Wevelgem · Eq €271,258
TECHNIEK OP MAAT
BE 0738.634.214
Heist-op-den-Berg · Eq €271,224
SOLWIN
BE 0791.629.767
Baelen · Eq €271,683
Stessens Energy Systems
BE 0779.794.282
Houthalen-Helchteren · Eq €271,748
TALPE NICOLAS
BE 0635.784.223
Zonnebeke · Eq €271,755
Of 22,821 companies in sector 43211 we hold annual accounts for 10,326. 7,764 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43110Demolition
43221Plumbing work
43320Joinery installation
43410Roofing work
68110Buying and selling of own real estate
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.