BOWATI
ActiveBOWATI has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €482k and a net result of €811k. Equity is growing by ~27.4% per year across the filed fiscal years. Its solvency ranks better than 20% of 8388 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency11▲+2
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21k at 30 days only on tighter terms
Liquidity short (current ratio 0.47 against 0.48 in 2024), and 83.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← 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
16.4%
Return on assets
27.6%
Age of the figures
11 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 8388 sector peers (2025).
NBB · sector comparisonPosition among 8388 sector peers
Solvency
better than 20%
← weakest
strongest →
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 30-01-2026, 90 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
90 d early
2024
133 d early
2023
32 d early
2022
2 d early
2021
30 d early
2020
21 d early
2019
29 d early
← 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
05-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€482k▲ 29.9%
2024 · €371k
2022: €248k
2023: €248k
2024: €371k
2022 → 2025
Total assets
€2.93M▲ 9.1%
2024 · €2.69M
2022: €2.17M
2023: €2.58M
2024: €2.69M
2022 → 2025
Net result
€811k▼ 16.7%
2024 · €974k
2022: €101k
2023: €544k
2024: €974k
2022 → 2025
Working capital
€-570k▲ 4.7%
2024 · €-598k
2022: €-385k
2023: €-678k
2024: €-598k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€248k-€248k=€371k▲ 50.0%€482k▲ 29.9%
Operating result€158k-€751k▲ 376%€1.33M▲ 76.8%€1.12M▼ 15.9%
Net result€101k-€544k▲ 440%€974k▲ 79.1%€811k▼ 16.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 16% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.93M
Fixed assets
€2.42M▲ 13.6%
Current assets
€512k▼ 8.2%
Equity and liabilities €2.93M
Equity
€482k▲ 29.9%
Debt
€2.45M▲ 5.7%
The debt ratio falls from 86.2% to 83.6%: equity grows faster than debt.
Key figures and ratios
EBITDA
€1.23M▼
2024 · €1.43M
Cash flow
€925k▼
2024 · €1.08M
Solvency
16.4%▲
2024 · 13.8%
Current ratio
0.47▼
2024 · 0.48
Quick ratio
0.47▼
2024 · 0.48
Debt / equity
5.08▼
2024 · 6.24
ROE
168.2%▼
2024 · 262.3%
ROA
27.6%▼
2024 · 36.2%
Interest coverage
35.39▼
2024 · 56.78
Debt
€2.45M▲
2024 · €2.32M
Debt ≤ 1 year
€1.08M▼
2024 · €1.16M
Debt > 1 year
€1.36M▲
2024 · €1.15M
Income taxes
€280k▼
2024 · €336k
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
Total assets
20/58€2.69M€2.93M▲
Fixed assets
21/28€2.13M€2.42M▲
Tangible fixed assets
22/27€2.13M€2.40M▲
Financial fixed assets
28-€24k
Current assets
29/58€558k€512k▼
Amounts receivable within one year
40/41€84k€59k▼
Cash & bank
54/58€466k€444k▼
Total equity & liabilities
10/49€2.69M€2.93M▲
Equity
10/15€371k€482k▲
Contributions / capital
10/11€19k€19k=
Reserves
13€353k€464k▲
Amounts payable
17/49€2.32M€2.45M▲
Amounts payable after one year
17€1.15M€1.36M▲
Amounts payable within one year
42/48€1.16M€1.08M▼
Trade debts payable within one year
44€5k€5k▼
Income statement
Code20242025
Gross operating margin
9900€1.44M€1.33M▼
Operating result
9901€1.33M€1.12M▼
Financial income
75€7k€9k▲
Financial charges
65€25k€35k▲
Result before taxes
9903€1.31M€1.09M▼
Income taxes
67/77€336k€280k▼
Net result for the period
9904€974k€811k▼
Result to be appropriated
9905€974k€811k▼
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-01
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
18-12
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
30-09
Financial
Highest result since 2022net €974k ▲79.1%
Operating result €1.33M, net result €974k, both a record.
29-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-04
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
09-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
01-04
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
28-03
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-03
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
28-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
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LERI
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Of 5,648 companies in sector 70100 we hold annual accounts for 3,430. 2,175 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-09-2014
Fiscal year end30-09
Activities, NACEBEL
70100Activities of head offices
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 19-07-2026. Scores and ratios are computed by Checked and are not a credit decision.