COWADIS
ActiveSummary
COWADIS has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €187,446 and a net result of €27,955. Equity has been growing by about 22% per year since 2018. Its solvency ranks better than 81% of 13,716 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
Source: KBO- Status
- Active since 03-03-1983 Normal situation
- Activity
- Wholesale of clothing, excluding workwear and underwear NACE 46423and 2 others
- Joint committee
- 201 Paritair Comité voor de zelfstandige kleinhandel · annual accounts 2021
- Establishment unit
- 2.136.246.440 9880 Aalter, since 01-02-2004
- Financial year end
- 31 December
- Peppol
- Reachable since 19-09-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €53,331
- ▼ 13.1%
- Turnover
- ≈ €210,000
- estimated
- Profit
- €27,955
- ▼ 43.1%
- Equity
- €187,446
- ▲ 17.5%
- Total assets
- €237,700
- ▲ 16.8%
Score breakdownraises risk1 change of registered office in 24 monthslowers riskLiquidity: current ratio 4.46, cash €39,774Founded in 1983Figures for financial year 2025 (filed on 16-06-2026)Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 46, micro). It does better than 90% of them on solvency, 71% on liquidity, 78% on profitability and 73% on growth.
The bankruptcy probability was computed on 01-11-2026 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.
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).
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Signals
The company filed its last 7 accounts on average 18 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Registered office moved from De Haan to Aalter
- · Gazette deed Resignation: PIL Maria Anna Rodolf (director)Appointment: PIL Maria Anna Rodolf (director)
Comparable companies
These companies have the same main activity as COWADIS: wholesale of clothing, excluding workwear and underwear (NACE 46423). They are comparable in size and age: total assets between €171,000 and €361,000, founded between 1979 and 1989.
| Company | Total assets | Gross margin |
|---|---|---|
| COWADIS Aalter | €237,700 | €53,331 |
| BOTEX Beveren | €171,225 | €45,492 |
| Beeckman Textiel Haaltert | €301,714 | €32,738 |
| FRANCOLINI Sint-Niklaas | €361,406 | €34,456 |
| KAYAK Courcelles | €253,932 | €41,974 |
| VIVY Antwerpen | €198,663 | €58,394 |
| DUO CONSULT Zaventem | €273,874 | €72,800 |
Key facts about COWADIS
- What is the company number of COWADIS?
- The company number of COWADIS is 0423.790.426. The VAT number is the same number with BE in front: BE 0423.790.426.
- Where is COWADIS based?
- The registered office is at Zonnedauwstraat 8, 9880 Aalter.Company details
- What does COWADIS do?
- According to the KBO register, the main activity is wholesale of clothing, excluding workwear and underwear (NACE 46423).
- What is the legal form of COWADIS?
- The legal form of COWADIS is Private limited company (BV).
- When was COWADIS founded?
- COWADIS was founded on 03-03-1983.
- Is COWADIS still active?
- Yes, COWADIS is an active enterprise in the KBO register.
- How many employees does COWADIS have?
- COWADIS had an average of 0.2 full-time equivalents in financial year 2021, according to the filed annual accounts.Financials
- Which joint committee does COWADIS fall under?
- In its 2021 annual accounts, COWADIS states joint committee 201 (Paritair Comité voor de zelfstandige kleinhandel).
- What is the turnover of COWADIS?
- The turnover in financial year 2025 is ≈ €210,000. This figure is estimated from the gross margin of €53,331 and 33 comparable companies (NACE 464). It probably lies between €110,000 and €290,000.
- Is COWADIS profitable?
- In financial year 2025, COWADIS made a profit of €27,955.
- Where can I find the annual accounts of COWADIS?
- COWADIS filed 43 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of COWADIS due?
- COWADIS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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