Turnover
≈ €94,000 estimated
The micro format states no turnover.
Bware
Overview
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.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
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.
Financials
Annual accounts 2025
micro format, filed on 13-08-2026, 13 days late€12,396
€10,608
€8,229
€11,776
49.1%
1.91
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €94,000. Estimated: probably between €43,000 and €230,000.
Balance sheet
balance sheet total €25,538 on 31-12-2025What the company ownsHow it is paid for
Position in the sector
49.1%
Higher than 51% of 251 companies in 2025.
1.91
Higher than 51% of 237 companies in 2025.
32.2%
Higher than 88% of 240 companies in 2025.
Bware
Middle half of the sector
80% of the sector
Micro accounts in computer and electronic products (NACE 26)
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 |
|---|---|---|
| Balance sheet: assets | ||
20/58 |
25,538 | |
21/28 |
759 | |
22/27 |
759 | |
24 |
759 | |
29/58 |
24,779 | |
40/41 |
10,258 | |
40 |
8,358 | |
41 |
1,900 | |
54/58 |
14,521 | |
| Balance sheet: equity and liabilities | ||
10/49 |
25,538 | |
10/15 |
12,529 | |
10/11 |
5,000 | |
14 |
7,529 | |
17/49 |
13,009 | |
42/48 |
13,003 | |
44 |
7,048 | |
440/4 |
7,048 | |
45 |
2,300 | |
450/3 |
2,300 | |
47/48 |
3,655 | |
492/3 |
6 | |
| Income statement | ||
9900 |
12,396 | |
630 |
1,260 | |
640/8 |
528 | |
9901 |
10,608 | |
65/66B |
79 | |
65 |
79 | |
9903 |
10,529 | |
67/77 |
2,300 | |
9904 |
8,229 | |
9905 |
8,229 | |
| Appropriation of the result | ||
9906 |
8,229 | |
694/7 |
700 | |
694 |
700 | |
| Document | ||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 13-08-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank2025 annual accounts filed 13 days after the deadline. Filed on 13 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00402830.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 13-08-2026 | 2026-00402830 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 |
|---|---|---|
| 11,868 | ||
| 9,489 | ||
| 1,042 | ||
| 11,776 | ||
| 49.1% | ||
| 1.91 | ||
| 1.04 | ||
| 65.7% | ||
| 32.2% | ||
| over 100 |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 |
|---|---|
| Tangible fixed assets | €1,042 |
| €1,260 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Insights on Bware
Debt's share of the balance-sheet total is 50.9%.
Board & ownership
Board
1 director, since incorporationDirector (not named in the articles)
since 24-12-2024
term without a fixed end
listed in the 2025 annual accounts, filed on 13-08-2026
- Signing authorityThe articles say who may bind the company, for example by signing a contract.
- “In geval van tegenstrijdig belang zal (zullen) de bestuurder(s) handelen overeenkomstig de wettelijke bepalingen ter zake…”deed of 31-12-2024
Mandates through the years
1 name, the dashed line is todayBOUCKAERT Nico André Steven
Director (not named in the articles)
Director (not named in the articles)
Board
Mandates as a list
- BOUCKAERT Nico André Steven
- Director (not named in the articles), from 24-12-2024 to date
Control
Capital
- Contribution
- €5,000
- Shares
- 100
- Contribution per share
- €50
- Equity per share
- €125 in 2025
- Source
- deed of 31-12-2024
Articles of association
deed of 31-12-2024 (in Dutch)- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimited
- Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
- 100 shares“1/100ste van het vermogen”
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Tuesday of June at 19:00
Shareholders
At incorporation
deed of 31-12-2024 ↗
- BOUCKAERT Nico André Steven 100 shares (100%) · €5,000
Network & group
No group
Bware has no parent and no holdings in its annual accounts. BOUCKAERT Nico André Steven is the only director. Bware shares no director with another company.
Timeline
Timeline
4 events since 2024Filings
Establishments
202420252026
2026
Annual accounts 2025 filed NBBmicro format · 13 days late
2025
Registered in the Peppol Directory Reachable for e-invoices through 0208:1018014010
2024
IncorporationFounding capital of €5,000, 100 shares · Founder: BOUCKAERT Nico André Steven · Appointment: BOUCKAERT Nico André Steven (director) · published on 31-12-20246 points ▸
- Founder, BOUCKAERT Nico André Steven
- Founding capital, €5,000, 100 shares
- Registered office clause, Lijnzaadstraat 18, 8860 Lendelede
- Board rule, 1
- Director appointment, BOUCKAERT Nico André Steven (director (not named in the articles))
- A shareholder holds all the shares
- The deed holds 5 more points.
First establishment Lijnzaadstraat 18, Lendelede
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
Company details
Identity
- Enterprise number
- 1018.014.010
- VAT number
- BE 1018.014.010
- Peppol ID
- 0208:1018014010
- Legal form
- Private limited company
- Status
- Active, normal situation
- Founded
- 27-12-2024
- Financial year
- ends on 31 December
- Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
- Third Tuesday of June at 19:00deed of 31-12-2024 (in Dutch)
- Peppol
- Reachable since 06-01-2025Follow this company and you will hear the next morning if it leaves the Peppol register.
- Name
- Bware in Dutch
- Entity type
- Legal entity
- DurationMost companies exist for an unlimited period, until they are dissolved.
- Unlimiteddeed of 31-12-2024 (in Dutch)
- Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
- “Vlaams Gewest”deed of 31-12-2024 (in Dutch)
Activities
NACEBEL 202526110
Manufacture of computer, electronic and optical products main activity
62100
Computer programming
Codes under NACEBEL 2008
26110
Manufacture of computer, electronic and optical products main activity
26200
Manufacture of computer, electronic and optical products
26510
Manufacture of computer, electronic and optical products
43211
Specialised construction activities
62010
Computer programming, consultancy and related activities
62020
IT consultancy
- PurposeThe purpose describes the activities the company may carry out under its articles.
- “Het ontwerpen, realiseren, produceren, herstellen, testen, exploiteren, invoeren, verhuren en verkopen van hardware en software voor het…”deed of 31-12-2024 (in Dutch)
7 activities
- Het ontwerpen, realiseren, produceren, herstellen, testen, exploiteren, invoeren, verhuren en verkopen van hardware en software voor het automatisch en/of elektronisch sturen, controleren en/of verwerken van gegevens, systemen en signalen, alsmede van toestellen, apparaten en bijhorigheden die hierbij dienstig kunnen zijn.
- Het verlenen van bijstand, advies management, consultancy en andere diensten aan bedrijven, privé-personen en instellingen, de vennootschap kan zelf of als tussenpersoon alle hulpmiddelen verschaffen, bestuurdersfuncties waarnemen en diensten verlenen die direct of indirect verband houden met het voorgaande.
- Alle verrichtingen die rechtstreeks betrekking hebben op het oordeelkundig beheer van uitbreiding van een roerend en onroerend patrimonium.
- Het aankopen, opschikken, uitrusten, valoriseren en bouwen van onroerende goederen, al dan niet gemeubeld.
- Beschikbare middelen beleggen in roerende goederen en waarden.
- Belangen nemen door middel van inbreng, aankoop van aandelen of op een andere wijze in andere ondernemingen en vennootschappen.
- Alle burgerlijke, handels-, ambachtelijke, industriële, financiële, roerende en onroerende handelingen stellen die rechtstreeks of onrechtstreeks, geheel of gedeeltelijk met dit voorwerp verband houden of de verwezenlijking ervan kunnen vergemakkelijken.
Registered office and establishments
1 establishment| Establishment | Since | Unit number |
|---|---|---|
| Lijnzaadstraat 18 registered office 8860 Lendelede | 27-12-2024 | 2.368.681.701 |
Buildings and parcels at the address
- Ground area
- 468 m²
- Buildings
- 65 m²
- Volume, LiDAR
- 417 m³
- Tallest building
- 8.7 m
Buildings to scale, each on its own parcel
Parcels
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 34025B0438/00G000 | 468 m² | 1 · 65 m² | 8.7 m · 2 |
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 1018.014.010