Equity
€2,500 from €163,430 in 2023
Equity fell by 98% in 2 years.
BowForest
Lifetime
5 annual accounts with figures on one time axispeak €266,595 (2024)
€76,993▼ 71.1%
lowest -€2,562 (2021)
€63,888▼ 67.2%
peak €163,430 (2023)
€2,500▼ 93.8%
€123,359▼ 48.0%
Board1 name since 2021
1 director
Documentsfilings and deeds
06-05-202686 days before the deadline
2025micro format
Gross margin from €266,595 to €76,993Result from €195,046 to €63,888Dividend €101,435Equity from €40,046 to €2,500Debts from €237,442 to €123,359Cash from €18,967 to €5,743
Key points
from the 2025 annual accountsResult
€63,888 ▼ 67.2%
The result fell in 2025 from €195,046 to €63,888.
Turnover
≈ €150,000 estimated
The micro format states no turnover.
Debts
€123,359 98% of the balance sheet
Suppliers 1%Taxes and wages 17%Other 82%
Filings
5 annual accounts 1 late
The 2024 accounts came 6 days late. The other four were filed on time.
Position in the sector
2.0%
Lower solvency than 90% of companies in computer programming and consultancy. Sector median 59.9% · 22,049 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 2,156 companies had the same profile as BowForest has now. Each dot stands for 6 companies, two years later.
94.1%
were still trading
2.8%
stopped another way
3.0%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,156 companies, not a prediction for BowForest. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0777858440
Registered office moved from Antwerp to Hasselt
New registered office: Berkenlaan 49, 3500 Hasselt · Previous registered office: Leeuwlantstraat 79 bus 2, 2100 Antwerpen · General meeting of 30-01-2024 · Gazette deed
Incorporation
Founding capital of €2,500, 1,000 shares · Founder: · Appointment: (statutory director) · published on 02-12-2021 · Gazette deed
First establishment
Berkenlaan 49, Hasselt
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BowForest Hasselt | €125,859 | €76,993 | 2.0% | - |
| OREVIR Hasselt | €139,884 | €73,076 | 3.6% | 0 |
| Vanleeuw.io Tessenderlo-Ham | €113,381 | €76,127 | 96.3% | - |
| HEMERYCK WOUTER Heers | €128,768 | €67,491 | 9.3% | - |
| V-hub Ostend | €126,107 | €80,148 | 53.5% | - |
| KUNTUR TECH Brussels | €127,775 | €77,582 | 2.3% | - |
| Ex Animo Antwerp | €130,901 | €75,547 | 91.7% | - |
These companies have the same main activity as BowForest: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €113,000 and €140,000, founded between 2021 and 2022.
Official details
Source: KBO- Status
- Active since 30-11-2021Normal situation
- Activity
- Computer consultancy and computer facilities managementNACE 62200
- Establishment unit
- 2.327.043.9553500 Hasselt, since 30-11-2021
- Financial year end
- 31 December
- Peppol
- Reachable since 12-12-2025
Annual accounts 2025
- €125,859▼ 54.6%
- Filing
- Filed on 06-05-2026, 86 days before the end of the filing period
Insights on BowForest
BowForest files the micro format. That format states no turnover. The gross margin rose from -€2,464 in 2021 to €76,993 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BowForest
- What is the company number of BowForest?
- The company number of BowForest is 0777.858.440. The VAT number is the same number with BE in front: BE 0777.858.440.
- Where is BowForest based?
- The registered office is at Berkenlaan 49, 3500 Hasselt.Company details
- What does BowForest do?
- According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
- What is the legal form of BowForest?
- BowForest is a private limited company (BV).
- When was BowForest founded?
- BowForest was founded on 30-11-2021.
- Is BowForest still active?
- Yes, BowForest is an active enterprise in the KBO register.
- What is the turnover of BowForest?
- The turnover in financial year 2025 is ≈ €150,000. This figure is estimated from the gross margin of €76,993 and 66 comparable companies (NACE 62200). It probably lies between €130,000 and €190,000.Financials
- Is BowForest profitable?
- In financial year 2025, BowForest made a profit of €63,888.
- Where can I find the annual accounts of BowForest?
- BowForest filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BowForest due?
- BowForest must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
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