Bowers
ActiveSummary
The computed 12-month bankruptcy probability of Bowers is 3.4% (moderate). The 2025 annual accounts show negative equity (€-127k) and a net result of €-327k. Its solvency ranks better than 5% of 7838 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes
Profitability0
Solvency15
Growth-
Track record67
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.39; short-term debt: 79.3% and cash: 3.2% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
-10.4%
Return on assets
-26.9%
Age of the figures
15 mo
neutral · Filed after the deadline
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 31-03-2026, 59 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filingDeviation from the deadline
2025
59 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2025, abbreviated schema
Equity
€-127k
Total assets
€1.22M
Net result
€-327k
Working capital
€-589k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Assets €565k
Fixed assets
€191k
Current assets
€374k
Key figures and ratios
EBITDA
€-89k
Cash flow
€-122k
Solvency
-10.4%
Current ratio
0.39
Quick ratio
0.33
Debt to equity
-10.61
ROA
-26.9%
Interest coverage
-2.21
Debt
€1.34M
Debt ≤ 1 year
€964k
Debt > 1 year
€376k
Income taxes
€65
Staff costs
€1.35M
Filed annual accounts As filed with the NBB · 2025 · 50 lines
Balance sheet
Code2025
Assets
Total assets20/58€1.22M
Formation expenses20€651k
Fixed assets21/28€191k
Intangible fixed assets21€19k
Tangible fixed assets22/27€172k
Plant, machinery and equipment23€67k
Furniture and vehicles24€52k
Other tangible fixed assets26€53k
Current assets29/58€374k
Stocks and contracts in progress3€56k
Stocks30/36€56k
Amounts receivable within one year40/41€273k
Trade receivables40€246k
Other amounts receivable41€28k
Cash at bank and in hand54/58€39k
Deferred charges and accrued income490/1€7k
Equity and liabilities
Total equity and liabilities10/49€1.22M
Equity10/15€-127k
Contributions10/11€200k
Profit (loss) carried forward14€-327k
Amounts payable17/49€1.34M
Amounts payable after more than one year17€376k
Financial debts170/4€376k
Amounts payable within one year42/48€964k
Current portion of amounts payable after more than one year42€31k
Financial debts43€150k
Credit institutions430/8€150k
Trade debts44€547k
Suppliers440/4€547k
Taxes, remuneration and social security45€223k
Taxes450/3€3k
Remuneration and social security454/9€220k
Other amounts payable47/48€13k
Accrued charges and deferred income492/3€3k
Income statement
Code2025
Remuneration, social security and pensions62€1.35M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€204k
Other operating charges640/8€10k
Operating charges capitalised as restructuring costs649€-789k
Gross operating margin9900€487k
Operating profit (loss)9901€-293k
Financial income75/76B€7k
Recurring financial income75€7k
Financial charges65/66B€40k
Recurring financial charges65€40k
Profit (loss) for the period before taxes9903€-326k
Income taxes67/77€65
Profit (loss) for the period9904€-327k
Profit (loss) for the period to be appropriated9905€-327k
Appropriation of the result
Profit (loss) to be appropriated9906€-327k
Social balance
Average headcount (FTE)908714.6
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2025 |
|---|---|
| Remuneration, social security and pensions62 | €1.35M |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €204k |
| Other operating charges640/8 | €10k |
| Operating charges capitalised as restructuring costs649 | €-789k |
| Gross operating margin9900 | €487k |
| Operating profit (loss)9901 | €-293k |
| Financial income75/76B | €7k |
| Recurring financial income75 | €7k |
| Financial charges65/66B | €40k |
| Recurring financial charges65 | €40k |
| Profit (loss) for the period before taxes9903 | €-326k |
| Income taxes67/77 | €65 |
| Profit (loss) for the period9904 | €-327k |
| Profit (loss) for the period to be appropriated9905 | €-327k |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €1.22M | |
| Formation expenses20 | €651k | |
| Fixed assets21/28 | €191k | |
| Intangible fixed assets21 | €19k | |
| Tangible fixed assets22/27 | €172k | |
| Plant, machinery and equipment23 | €67k | |
| Furniture and vehicles24 | €52k | |
| Other tangible fixed assets26 | €53k | |
| Current assets29/58 | €374k | |
| Stocks and contracts in progress3 | €56k | |
| Stocks30/36 | €56k | |
| Amounts receivable within one year40/41 | €273k | |
| Trade receivables40 | €246k | |
| Other amounts receivable41 | €28k | |
| Cash at bank and in hand54/58 | €39k | |
| Deferred charges and accrued income490/1 | €7k | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €1.22M | |
| Equity10/15 | €-127k | |
| Contributions10/11 | €200k | |
| Profit (loss) carried forward14 | €-327k | |
| Amounts payable17/49 | €1.34M | |
| Amounts payable after more than one year17 | €376k | |
| Financial debts170/4 | €376k | |
| Amounts payable within one year42/48 | €964k | |
| Current portion of amounts payable after more than one year42 | €31k | |
| Financial debts43 | €150k | |
| Credit institutions430/8 | €150k | |
| Trade debts44 | €547k | |
| Suppliers440/4 | €547k | |
| Taxes, remuneration and social security45 | €223k | |
| Taxes450/3 | €3k | |
| Remuneration and social security454/9 | €220k | |
| Other amounts payable47/48 | €13k | |
| Accrued charges and deferred income492/3 | €3k | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €-327k |
| + Depreciation and write-downs630 | €204k |
| Operating cash flow (approximation) | €-122k |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 59 days late
NBB filing
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
Directors
3 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, Gistel · 1 establishment unit since 2024
Ground area
5,697 m²
Building footprint
1,933 m²
Volume, LiDAR
9,492 m³
2 parcels, Flanders · tallest building 12.7 m, ±2 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Bowers
since 20242.354.947.885
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35027B0121/00D000 | Flanders | 2,953 m² | 1 · 353 m² | 12.7 m · 2 fl. |
| 35005D0776/00G003 | Flanders | 2,744 m² | 1 · 1,580 m² | 7.9 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 2,376 EUR awarded · 3,016 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 44 EUR | 967 EUR |
| 2024 | 1 | 2,332 EUR | 2,049 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 9,534 companies in sector 43222 we hold annual accounts for 5,664. 1,280 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-12-2023
Fiscal year end30-06
Activities, NACEBEL 2025
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43310Plastering work
43341Painting of buildings
43410Roofing work
46643Wholesale of electrical equipment, including installation materials
46842Wholesale trade
Contact
Website
www.bowers.be
E-mail
alex@bowers.be
Scores and ratios are computed by Checked and are not a credit decision.