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DOWELL SPRL

Active
Private limited company (pre-2019)founded 200818 yrs activeKriekenputstraat 11, 1180 Ukkel, BelgiumKBO/BCE: BE 0897.385.305
Summary

The computed 12-month bankruptcy probability of DOWELL SPRL is 9.3% (elevated). For DOWELL SPRL, at least two filing cycles of the annual accounts are missing. The 2021 annual accounts show negative equity (-€25,190) and a net result of -€2,206. Equity is shrinking by ~18.3% per year across the filed fiscal years. The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Figures too old
The available figures for FY 2021 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2021 · tick = 2020
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
9.3% Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2021
Age of the figures
Age of the figures
57 mo
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 18 years 0 20 y
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2022 close31-07-2023 deadline28-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2021 was due by 31-07-2022 and was filed on 27-09-2022, 58 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 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
58 d late
2020
20 d late
2019
28 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 3 accounts on average 35 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 21 April 2008, DOWELL SPRL was incorporated.1 The company has filed 14 sets of annual accounts, the latest for fiscal year 2021.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021

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Financials · fiscal year 2021, micro schema

Equity
-€25,190▼ 9.6%
2020 · -€22,984
Total assets
€912▼ 17.6%
2020 · €1,107
Net result
-€2,206▲ 60.4%
2020 · -€5,574
Working capital
-€25,190▼ 11.4%
2020 · -€22,613
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2018201920202021
Operating result-€400--€2,241▼ 460%-€5,203▼ 132%-€2,233▲ 57.1%
Net result-€1,093--€2,667▼ 144%-€5,574▼ 109%-€2,206▲ 60.4%
Equity-€14,740--€17,407▼ 18.1%-€22,984▼ 32.0%-€25,190▼ 9.6%
Total assets€513-€415▼ 19.1%€1,107▲ 167%€912▼ 17.6%
Debt€15,253-€17,822▲ 16.8%€24,091▲ 35.2%€26,102▲ 8.3%
Working capital-€14,755--€17,566▼ 19.1%-€22,613▼ 28.7%-€25,190▼ 11.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€6,000-€4,000-€2,000€0Operating result 2018: -€400-€400Net result 2018: -€1,093-€1,093Operating result 2019: -€2,241-€2,241Net result 2019: -€2,667-€2,667Operating result 2020: -€5,203-€5,203Net result 2020: -€5,574-€5,574Operating result 2021: -€2,233-€2,233Net result 2021: -€2,206-€2,2062018201920202021-€6,000-€4,000-€2,000€0Operating result 2019: -€2,241-€2,240Net result 2019: -€2,667-€2,670Operating result 2020: -€5,203-€5,200Net result 2020: -€5,574-€5,570Operating result 2021: -€2,233-€2,230Net result 2021: -€2,206-€2,210201920202021
The operating result stays negative: a loss of €2,233 in 2021 against €5,203 in 2020; the loss shrinks.
Key figures and ratios
2021 value · change against 2020
Debt ≤ 1 year
€26,102▲
2020 · €23,561
Income taxes
-€470
Ratios withheld: a balance sheet total of €912 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2021 against 2020 · 32 lines
Balance sheet Code20202021
Assets
Total assets20/58€1,107€912▼
Fixed assets21/28€159-
Financial fixed assets28€159-
Current assets29/58€948€912▼
Amounts receivable within one year40/41€642€890▲
Other amounts receivable41-€890
Cash at bank and in hand54/58€306€22▼
Equity and liabilities
Total equity and liabilities10/49€1,107€912▼
Equity10/15-€22,984-€25,190▼
Contributions10/11-€18,600
Reserves13€11,868€11,868=
Tax-exempt reserves132-€10,463
Distributable reserves133-€1,405
Profit (loss) carried forward14-€53,452-€55,658▼
Amounts payable17/49€24,091€26,102▲
Amounts payable within one year42/48€23,561€26,102▲
Financial debts43-€418
Credit institutions430/8-€418
Other amounts payable47/48-€25,685
Income statement Code20202021
Other operating charges640/8-€159
Gross operating margin9900-€4,855-€2,074▲
Operating profit (loss)9901-€5,203-€2,233▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B-€444
Recurring financial charges65€371€444▲
Profit (loss) for the period before taxes9903-€5,574-€2,676▲
Income taxes67/77--€470
Profit (loss) for the period9904-€5,574-€2,206▲
Profit (loss) for the period to be appropriated9905-€5,574-€2,206▲
Appropriation of the result
Profit (loss) to be appropriated9906--€55,658
Profit (loss) brought forward from the previous period14P--€53,452

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021Change
Other operating charges640/8---€159-
Gross operating margin9900-€400-€1,741-€4,855-€2,074▲ 57.3%
Operating profit (loss)9901-€400-€2,241-€5,203-€2,233▲ 57.1%
Financial income75/76B---€0-
Recurring financial income75---€0-
Financial charges65/66B---€444-
Recurring financial charges65€693€426€371€444▲ 19.5%
Profit (loss) for the period before taxes9903-€1,093-€2,667-€5,574-€2,676▲ 52.0%
Income taxes67/77----€470-
Profit (loss) for the period9904-€1,093-€2,667-€5,574-€2,206▲ 60.4%
Profit (loss) for the period to be appropriated9905-€1,093-€2,667-€5,574-€2,206▲ 60.4%
Line2018201920202021Change
Assets
Total assets20/58€513€415€1,107€912▼ 17.6%
Fixed assets21/28€159€159€159--
Financial fixed assets28€159€159€159--
Current assets29/58€354€256€948€912▼ 3.8%
Amounts receivable within one year40/41€354€252€642€890▲ 38.7%
Other amounts receivable41---€890-
Cash at bank and in hand54/58--€306€22▼ 92.7%
Equity and liabilities
Total equity and liabilities10/49€513€415€1,107€912▼ 17.6%
Equity10/15-€14,740-€17,407-€22,984-€25,190▼ 9.6%
Contributions10/11€18,600€18,600-€18,600-
Reserves13€11,868€11,868€11,868€11,868=
Tax-exempt reserves132---€10,463-
Distributable reserves133---€1,405-
Profit (loss) carried forward14-€45,208-€47,875-€53,452-€55,658▼ 4.1%
Amounts payable17/49€15,253€17,822€24,091€26,102▲ 8.3%
Amounts payable within one year42/48€15,109€17,822€23,561€26,102▲ 10.8%
Financial debts43---€418-
Credit institutions430/8---€418-
Other amounts payable47/48---€25,685-
Line2018201920202021Change
Profit (loss) for the period9904-€1,093-€2,667-€5,574-€2,206▲ 60.4%
Operating cash flow (approximation)-€1,093-€2,667-€5,574-€2,206▲ 60.4%
Investment in fixed assets (approximation)-€0€0--
Change in cash----€284-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2022
27-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 58 days late
2021
20-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
31-12
Financial Weakest financial yearnet -€5,574
Net result drops to -€5,574, the lowest in the series; recovery starts the following year.
28-08
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
26-07
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
2016
30-08
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 30 days late
2015
28-08
NBB filing Annual accounts filed
fiscal year 2014 · full schema · 28 days late
2014
31-08
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 31 days late
2013
31-07
NBB filing Annual accounts filed
fiscal year 2012 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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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, Ukkel · 1 establishment unit since 2008
seat establishment The establishment unit on the map
Ground area
2,131 m²
Building footprint
1,173 m²
Volume, LiDAR
7,352 m³
2 parcels, Brussels · tallest building 12.7 m, ±3 floors. Linked by address, not a title deed.
3 companies at this address See who is registered here
1 establishment unit
DOWELL
Manufacture of computer, electronic and optical products
since 20082.170.575.928
2 parcels
Brussels 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21614E0126/00A002 Brussels 1,616 m² 1 · 1,089 m² 12.7 m · 2 fl.
21614F0224/00E020 Brussels 516 m² 1 · 84 m² 12.4 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPrivate limited company (pre-2019)
Founded21-04-2008
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.