Summary
BOWAR is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €2.6m and a net result of €75,749. Equity remains stable across the filed financial years (±1.2% per year). Its solvency ranks better than 95% of 3,027 sector peers (NACE 64, financial year 2025). The company has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Artikel 9-OVERDRACHT EN OVERGANG VAN AANDELEN-VOORKOOPRECHT, Eerste besluit-Aanpassing bepaling overdracht aandelen” (deed in Dutch)
Read from the deeds: 1 provision, deed of 20-05-2022