BOWEMO
ActiveBOWEMO has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36k and a net result of €12k. Equity is growing by ~13.8% per year across the filed fiscal years. Its solvency ranks better than 21% of 9150 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
52
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability60▲+5
Solvency28▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity short (current ratio 0.91 against 1.34 in 2024; short-term debt: 50.5% and cash: 0.5% of total assets), and 96.6% 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
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
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
3.4%
Return on assets
1.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 9150 sector peers (2025).
NBB · sector comparisonPosition among 9150 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 4 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-09-2026, 40 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 6 filingsDeviation from the deadline
2025
40 d late
2024
59 d early
2023
128 d early
2022
88 d early
2021
26 d early
2020
31 d late
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€36k▼ 57.5%
2024 · €84k
2020: €19k
2021: €84k
2022: €64k
2023: €73k
2024: €84k
2020 → 2025
Total assets
€1.05M▲ 11.8%
2024 · €935k
2020: €1.51M
2021: €849k
2022: €947k
2023: €944k
2024: €935k
2020 → 2025
Net result
€12k▼ 1.6%
2024 · €12k
2020: €-1k
2021: €66k
2022: €-21k
2023: €9k
2024: €12k
2020 → 2025
Working capital
€-49k
2024 · €119k
2020: €326k
2021: €151k
2022: €98k
2023: €113k
2024: €119k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€84k-€64k▼ 24.6%€73k▲ 14.0%€84k▲ 16.1%€36k▼ 57.5%
Operating result€80k-€-14k€17k€21k▲ 20.2%€23k▲ 9.6%
Net result€66k-€-21k€9k€12k▲ 31.3%€12k▼ 1.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 10% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.05M
Fixed assets
€567k▲ 22.4%
Current assets
€478k▲ 1.5%
Equity and liabilities €1.05M
Equity
€36k▼ 57.5%
Debt
€1.01M▲ 18.7%
The debt ratio rises from 91.0% to 96.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€40k▲
2024 · €38k
Cash flow
€29k▼
2024 · €29k
Solvency
3.4%▼
2024 · 9.0%
Current ratio
0.91▼
2024 · 1.34
Quick ratio
0.01▼
2024 · 0.01
Debt / equity
28.14▲
2024 · 10.08
ROE
32.1%▲
2024 · 13.9%
ROA
1.1%▼
2024 · 1.3%
Interest coverage
4.74▲
2024 · 4.18
Debt
€1.01M▲
2024 · €851k
Debt ≤ 1 year
€528k▲
2024 · €353k
Debt > 1 year
€471k▼
2024 · €490k
Income taxes
€3k
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€935k€1.05M▲
Fixed assets21/28€463k€567k▲
Tangible fixed assets22/27€463k€567k▲
Land and buildings22€463k€567k▲
Current assets29/58€472k€478k▲
Stocks and contracts in progress3€468k€474k▲
Contracts in progress37€468k€474k▲
Amounts receivable within one year40/41€0-
Other amounts receivable41€0-
Cash at bank and in hand54/58€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€935k€1.05M▲
Equity10/15€84k€36k▼
Contributions10/11€20k€20k=
Reserves13€64k€16k▼
Distributable reserves133€64k€16k▼
Profit (loss) carried forward14-€0
Amounts payable17/49€851k€1.01M▲
Amounts payable after more than one year17€490k€471k▼
Financial debts170/4€320k€292k▼
Other amounts payable178/9€170k€179k▲
Amounts payable within one year42/48€353k€528k▲
Current portion of amounts payable after more than one year42€28k€28k▲
Trade debts44€8k€114k▲
Suppliers440/4€8k€114k▲
Advances received on contracts in progress46€236k€236k=
Taxes, remuneration and social security45€4k€10k▲
Taxes450/3€4k€10k▲
Other amounts payable47/48€78k€139k▲
Accrued charges and deferred income492/3€7k€11k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€17k▲
Other operating charges640/8€7k€7k▼
Gross operating margin9900€45k€47k▲
Operating profit (loss)9901€21k€23k▲
Financial income75/76B€0€47▲
Recurring financial income75€0€47▲
Financial charges65/66B€9k€8k▼
Recurring financial charges65€9k€8k▼
Profit (loss) for the period before taxes9903€12k€14k▲
Income taxes67/77-€3k
Profit (loss) for the period9904€12k€12k▼
Profit (loss) for the period to be appropriated9905€12k€12k▼
Appropriation of the result
Profit (loss) to be appropriated9906€12k€12k▼
Transfer from equity791/2-€60k
Transfer to equity691/2€12k€12k▼
To other reserves6921€12k€12k▼
Profit to be distributed694/7-€60k
Return on contributions (dividend)694-€60k
The notes to these accounts (15 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
09-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 40 days late
2025
02-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
04-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-21k ▼132%
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Back to profitnet €66k
Net result €66k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
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, Wevelgem · 1 establishment unit since 2019
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.
Ter Poperenweg 98560 WevelgemGround area
2,558 m²
Building footprint
167 m²
Volume, LiDAR
1,040 m³
Parcel 34029C0415/00M000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BOWEMO
since 20192.296.185.384
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34029C0415/00M000 | Flanders | 2,558 m² | 1 · 167 m² | 9.2 m · 2 fl. |
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.
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Of 9,695 companies in sector 68121 we hold annual accounts for 7,381. 4,694 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-11-2019
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
43320Joinery installation
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.