BOWLINE MANAGEMENT
ActiveBOWLINE MANAGEMENT has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €34k and a net result of €20k. Equity is growing by ~17.9% per year across the filed fiscal years. Its solvency ranks better than 52% of 7697 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
96
/ 100
Excellent▲ +30 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+100
Solvency84▲+23
Growth52=
Stability100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity tight (current ratio 1.45 against 1.21 in 2024), and 46.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
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
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
53.7%
Return on assets
31.5%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
26 d late
2023
26 d late
2022
43 d late
2021
23 d late
2020
3 d early
2019
22 d early
← 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€34k▲ 142%
2024 · €14k
2018: €6k
2019: €13k
2020: €14k
2021: €17k
2022: €22k
2023: €18k
2024: €14k
2018 → 2025
Total assets
€63k▲ 64.4%
2024 · €38k
2018: €63k
2019: €73k
2020: €77k
2021: €66k
2022: €66k
2023: €40k
2024: €38k
2018 → 2025
Net result
€20k
2024 · €-4k
2018: €29k
2019: €17k
2020: €1k
2021: €3k
2022: €4k
2023: €-4k
2024: €-4k
2018 → 2025
Working capital
€13k▲ 160%
2024 · €5k
2018: €-1k
2019: €6k
2020: €6k
2021: €7k
2022: €13k
2023: €9k
2024: €5k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€17k-€22k▲ 25.8%€18k▼ 20.2%€14k▼ 20.6%€34k▲ 142%
Operating result€5k-€8k▲ 46.1%€12k▲ 49.9%€8k▼ 30.5%€28k▲ 245%
Net result€3k-€4k▲ 29.5%€-4k€-4k▲ 18.9%€20k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 245% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €63k
Fixed assets
€21k▲ 132%
Current assets
€42k▲ 43.7%
Equity and liabilities €63k
Equity
€34k▲ 142%
Debt
€29k▲ 19.8%
The debt ratio falls from 63.5% to 46.3%: equity grows faster than debt.
Key figures and ratios
EBITDA
€33k▲
2024 · €10k
Cash flow
€25k▲
2024 · €-1k
Solvency
53.7%▲
2024 · 36.5%
Current ratio
1.45▲
2024 · 1.21
Quick ratio
1.45▲
2024 · 1.21
Debt / equity
0.86▼
2024 · 1.74
ROE
58.7%▲
2024 · -25.9%
ROA
31.5%▲
2024 · -9.4%
Interest coverage
90.72▲
2024 · 55.73
Debt
€29k▲
2024 · €24k
Debt ≤ 1 year
€29k▲
2024 · €24k
Income taxes
€8k▲
2024 · €2k
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€38k€63k▲
Fixed assets21/28€9k€21k▲
Tangible fixed assets22/27€7k€21k▲
Plant, machinery and equipment23€2k€2k▲
Furniture and vehicles24€5k€19k▲
Financial fixed assets28€2k-
Current assets29/58€29k€42k▲
Amounts receivable within one year40/41€4k€4k▲
Other amounts receivable41€4k€4k▲
Cash at bank and in hand54/58€25k€38k▲
Deferred charges and accrued income490/1€14-
Equity and liabilities
Total equity and liabilities10/49€38k€63k▲
Equity10/15€14k€34k▲
Contributions10/11€12k€12k=
Reserves13€4k€4k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€2k€2k=
Profit (loss) carried forward14€-2k€18k▲
Amounts payable17/49€24k€29k▲
Amounts payable within one year42/48€24k€29k▲
Financial debts43-€4k
Credit institutions430/8-€4k
Trade debts44€1k€690▼
Suppliers440/4€1k€690▼
Taxes, remuneration and social security45€7k€11k▲
Taxes450/3€7k€11k▲
Other amounts payable47/48€16k€13k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€5k▲
Other operating charges640/8€215€3k▲
Gross operating margin9900€11k€36k▲
Operating profit (loss)9901€8k€28k▲
Financial charges65/66B€10k€361▼
Recurring financial charges65€185€361▲
Non-recurring financial charges66B€10k-
Profit (loss) for the period before taxes9903€-2k€28k▲
Income taxes67/77€2k€8k▲
Profit (loss) for the period9904€-4k€20k▲
Profit (loss) for the period to be appropriated9905€-4k€20k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€18k▲
Profit (loss) brought forward from the previous period14P€2k€-2k▼
The notes to these accounts (6 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
Financial
Back to profitnet €20k
Net result €20k after 2 loss-making years.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
31-12
Financial
Weakest financial yearnet €-4k ▼199%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
12-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 43 days late
2022
23-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 23 days late
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
09-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Schilde · 1 establishment unit since 2011
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.
Rozenlaan 372970 SchildeGround area
2,996 m²
Building footprint
176 m²
Volume, LiDAR
1,066 m³
Parcel 11041C0331/00X002, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BOWLINE MANAGEMENT
since 20112.200.507.554
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11041C0331/00X002 | Flanders | 2,996 m² | 1 · 176 m² | 10.2 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.
Similar companies · same sector, comparable size
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Matslog
BE 1003.779.556
Grobbendonk · Eq €34k
Bus-IT CONSULT
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AYCC GLOBAL CONSULTING
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Of 24,497 companies in sector 82990 we hold annual accounts for 9,397. 6,488 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-06-2011
Fiscal year end31-12
Activities, NACEBEL
82990Other business support services
70200Business and other management consultancy
70220Business consulting
81100Combined facilities support activities
82100Office administrative and support services
82110Office administrative, office support and other business support activities
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.