Turnover
≈ €94,000 estimated
The micro format states no turnover.
Bware
Lifetime
1 annual account with figurespeak €12,396 (2025)
€12,396
peak €8,229 (2025)
€8,229
peak €12,529 (2025)
€12,529
€13,009
Board1 name since 2024
1 directorBOUCKAERT Nico André Steven
Documentsfilings and deeds
13-08-202613 days late
2025micro format
Dividend €700First year with figures
Key points
from the 2025 annual accountsStarting capital
€5,000 100 shares
2025 accounts filed 13 days after the deadline
Checked score
96
Excellent
Financially stronger than 71% of micro companies in computer and electronic products (NACE 26)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 447 companies (NACE 26, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
01-2026: 0.5%
02-2026: 0.5%● unchanged vs 01-2026
03-2026: 0.5%● unchanged vs 02-2026
04-2026: 0.5%● unchanged vs 03-2026
05-2026: 0.5%● unchanged vs 04-2026
06-2026: 0.6%▲ +0.1 percentage points vs 05-2026
07-2026: 0.6%● unchanged vs 06-2026
08-2026: 0.6%● unchanged vs 07-2026highest value
09-2026: 0.1%▼ -0.5 percentage points vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
raises risk
Founded in 2024
lowers risk
Sector: Manufacture of computer, electronic and optical products (NACE 26)
Liquidity: current ratio 1.91, cash €14,521
Figures for financial year 2025 (filed on 18-08-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 26, micro). It does better than 49% of them on solvency, 70% on liquidity and 94% on profitability.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 11,279 companies had the same profile as Bware has now. Each dot stands for 29 companies, two years later.
96.6%
were still trading
2.6%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of Bware itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 11,279 companies, not a prediction for Bware. 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.
Credit verdict
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.91, above the usual 1.5. Short-term debt is 50.9% and cash 56.9% of total assets. However, 50.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises risk
raises risk · 2025 accounts filed 13 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 13-08-2026, 13 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 1 filingDeviation from the deadline
2025
13 days late
← before the deadline
after the deadline →
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:1018014010
Incorporation
Founding capital of €5,000, 100 shares · Founder: BOUCKAERT Nico André Steven · Appointment: BOUCKAERT Nico André Steven (director) · published on 31-12-2024 · Gazette deed
First establishment
Lijnzaadstraat 18, Lendelede
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Bware Lendelede | €25,538 | €12,396 | 49.1% | - |
| Corelinx Leuven | €23,264 | €14,277 | 59.7% | - |
| SG-Engineering Florennes | €63,593 | €35,146 | 57.7% | - |
| IoSA Brecht | €70,694 | €14,543 | 73.4% | - |
| S-Tronics Ledegem | €119,025 | €51,411 | 2.5% | - |
| Yada Studio Evere | €59,436 | €21,955 | -407.7% | - |
| OppiCo Wasseiges | €16,767 | €5,130 | 38.7% | - |
These companies have the same main activity as Bware: manufacture of computer, electronic and optical products (NACE 26110). They are comparable in size and age: total assets between €16,800 and €119,000, founded between 2020 and 2025.
Official details
Source: KBO- Status
- Active since 27-12-2024Normal situation
- Activity
- Manufacture of computer, electronic and optical productsNACE 26110and 5 others
- Establishment unit
- 2.368.681.7018860 Lendelede, since 27-12-2024
- Financial year end
- 31 December
- Peppol
- Reachable since 06-01-2025
Insights on Bware
Bware has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €12,529 and a net result of €8,229.
Its solvency ranks better than 51% of 251 sector peers (NACE 26, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
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 Bware
- What is the company number of Bware?
- The company number of Bware is 1018.014.010. The VAT number is the same number with BE in front: BE 1018.014.010.
- Where is Bware based?
- The registered office is at Lijnzaadstraat 18, 8860 Lendelede.Company details
- What does Bware do?
- According to the KBO register, the main activity is manufacture of computer, electronic and optical products (NACE 26110).
- What is the legal form of Bware?
- Bware is a private limited company (BV).
- When was Bware founded?
- Bware was founded on 27-12-2024.
- Is Bware still active?
- Yes, Bware is an active enterprise in the KBO register.
- What is the turnover of Bware?
- The turnover in financial year 2025 is ≈ €94,000. This figure is estimated from the gross margin of €12,396 and 6,299 comparable companies of the same size. It probably lies between €43,000 and €230,000. It is a rough estimate.Financials
- Is Bware profitable?
- In financial year 2025, Bware made a profit of €8,229.
- Where can I find the annual accounts of Bware?
- Bware filed 1 annual account with the National Bank of Belgium, for financial year 2025.
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