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HOW'LOCATION

Active
Private limited companyfounded 20223 yrs activeHowarderiestraat(Biz) 9, 7783 Comines-Warneton, BelgiumKBO/BCE: BE 0795.103.753
Summary

The computed 12-month bankruptcy probability of HOW'LOCATION is 2.3% (moderate). The 2024 annual accounts show equity of €199,504 and a net result of €47,727. The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2024
Axes · tick = 2023
Profitability87▼-13
Solvency85▲+3
Growth52
Track record94
Bankruptcy probability, 12 months
2.3% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €13,000 at 30 days acceptable
Liquidity short (current ratio 0.52 against 1.52 in 2023; short-term debt: 39.7% and cash: 13.1% of total assets), and 40.1% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Rental and leasing activities (NACE 77)
about 44% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 15-06-2026, 46 days ahead of the deadline.
NBB · 3 filings
Deviation from the deadline
2025
46 d early
2024
31 d early
2023
23 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 33 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 30 June (3 of the last 3 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
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 20 December 2022, HOW'LOCATION was incorporated as a Private limited company.1 The company has filed 3 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2024, micro schema

Equity
€199,504▲ 31.4%
2023 · €151,777
Total assets
€332,920▲ 25.2%
2023 · €265,986
Net result
€47,727▼ 67.5%
2023 · €146,977
Working capital
-€63,891
2023 · €55,146
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20232024
Operating result€182,942-€50,822▼ 72.2%
Net result€146,977above the sector's middle half-€47,727above the sector's middle half▼ 67.5%
Equity€151,777within the sector's middle half-€199,504above the sector's middle half▲ 31.4%
Total assets€265,986within the sector's middle half-€332,920within the sector's middle half▲ 25.2%
Debt€114,210-€133,416▲ 16.8%
Working capital€55,146within the sector's middle half--€63,891below the sector's middle half
Solvency57.1%within the sector's middle half-59.9%within the sector's middle half▲ 2.9pp
Current ratio1.52within the sector's middle half-0.52within the sector's middle half▼ 1.00
Return on assets (ROA)55.3%above the sector's middle half-14.3%above the sector's middle half▼ 40.9pp
Staff (FTE)3.8-2.5▼ 34.2%
above within below the middle half (P25 to P75) of NACE 77, Rental and leasing activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50,000€100,000€150,000€200,000Operating result 2023: €182,942€182,942Net result 2023: €146,977€146,977Operating result 2024: €50,822€50,822Net result 2024: €47,727€47,72720232024€0€50,000€100,000€150,000€200,000Operating result 2023: €182,942€183,000Net result 2023: €146,977€147,000Operating result 2024: €50,822€50,800Net result 2024: €47,727€47,70020232024
The operating result falls in 2024; 2024 is 72% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €332,920
Fixed assets €264,611 ▲ 152%
Current assets €68,309 ▼ 57.6%
Equity and liabilities €332,920
Equity €199,504 ▲ 31.4%
Debt €133,416 ▲ 16.8%
Debt's share of the balance-sheet total falls from 42.9% to 40.1%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€71,014▼
2023 · €188,713
Cash flow
€67,919▼
2023 · €152,748
Debt to equity
0.67▼
2023 · 0.75
ROE
23.9%▼
2023 · 96.8%
Interest coverage
94.12▼
2023 · 310.96
Debt ≤ 1 year
€132,200▲
2023 · €105,973
Income taxes
€5,554▼
2023 · €35,878
Staff costs
€93,718▼
2023 · €96,468
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 48 lines
Balance sheet Code20232024
Assets
Total assets20/58€265,986€332,920▲
Fixed assets21/28€104,867€264,611▲
Tangible fixed assets22/27€103,867€263,611▲
Plant, machinery and equipment23€8,006€17,848▲
Furniture and vehicles24€6,573€42,030▲
Other tangible fixed assets26€89,288€203,733▲
Financial fixed assets28€1,000€1,000=
Current assets29/58€161,119€68,309▼
Amounts receivable within one year40/41€26,541€24,604▼
Trade receivables40€23,860€4,185▼
Other amounts receivable41€2,681€20,419▲
Current investments50/53€80,000€0▼
Cash at bank and in hand54/58€54,578€43,705▼
Equity and liabilities
Total equity and liabilities10/49€265,986€332,920▲
Equity10/15€151,777€199,504▲
Contributions10/11€4,800€4,800=
Reserves13-€194,704
Distributable reserves133-€194,704
Profit (loss) carried forward14€146,977€0▼
Amounts payable17/49€114,210€133,416▲
Amounts payable within one year42/48€105,973€132,200▲
Trade debts44€14,264€23,784▲
Suppliers440/4€14,264€23,784▲
Advances received on contracts in progress46€74,474€70,129▼
Taxes, remuneration and social security45€16,385€16,714▲
Taxes450/3€7,521€10,456▲
Remuneration and social security454/9€8,863€6,258▼
Other amounts payable47/48€850€21,573▲
Accrued charges and deferred income492/3€8,237€1,216▼
Income statement Code20232024
Non-recurring operating income76A-€50
Remuneration, social security and pensions62€96,468€93,718▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,771€20,192▲
Other operating charges640/8€11,874€25,194▲
Gross operating margin9900€297,054€189,927▼
Operating profit (loss)9901€182,942€50,822▼
Financial income75/76B€519€3,264▲
Recurring financial income75€519€3,264▲
Financial charges65/66B€607€804▲
Recurring financial charges65€607€754▲
Non-recurring financial charges66B-€50
Profit (loss) for the period before taxes9903€182,854€53,281▼
Income taxes67/77€35,878€5,554▼
Profit (loss) for the period9904€146,977€47,727▼
Profit (loss) for the period to be appropriated9905€146,977€47,727▼
Appropriation of the result
Profit (loss) to be appropriated9906€146,977€194,704▲
Profit (loss) brought forward from the previous period14P-€146,977
Transfer to equity691/2-€194,704
To other reserves6921-€194,704

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Non-recurring operating income76A-€50-
Remuneration, social security and pensions62€96,468€93,718▼ 2.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,771€20,192▲ 250%
Other operating charges640/8€11,874€25,194▲ 112%
Gross operating margin9900€297,054€189,927▼ 36.1%
Operating profit (loss)9901€182,942€50,822▼ 72.2%
Financial income75/76B€519€3,264▲ 529%
Recurring financial income75€519€3,264▲ 529%
Financial charges65/66B€607€804▲ 32.6%
Recurring financial charges65€607€754▲ 24.3%
Non-recurring financial charges66B-€50-
Profit (loss) for the period before taxes9903€182,854€53,281▼ 70.9%
Income taxes67/77€35,878€5,554▼ 84.5%
Profit (loss) for the period9904€146,977€47,727▼ 67.5%
Profit (loss) for the period to be appropriated9905€146,977€47,727▼ 67.5%
Line20232024Change
Assets
Total assets20/58€265,986€332,920▲ 25.2%
Fixed assets21/28€104,867€264,611▲ 152%
Tangible fixed assets22/27€103,867€263,611▲ 154%
Plant, machinery and equipment23€8,006€17,848▲ 123%
Furniture and vehicles24€6,573€42,030▲ 539%
Other tangible fixed assets26€89,288€203,733▲ 128%
Financial fixed assets28€1,000€1,000=
Current assets29/58€161,119€68,309▼ 57.6%
Amounts receivable within one year40/41€26,541€24,604▼ 7.3%
Trade receivables40€23,860€4,185▼ 82.5%
Other amounts receivable41€2,681€20,419▲ 662%
Current investments50/53€80,000€0▼ 100%
Cash at bank and in hand54/58€54,578€43,705▼ 19.9%
Equity and liabilities
Total equity and liabilities10/49€265,986€332,920▲ 25.2%
Equity10/15€151,777€199,504▲ 31.4%
Contributions10/11€4,800€4,800=
Reserves13-€194,704-
Distributable reserves133-€194,704-
Profit (loss) carried forward14€146,977€0▼ 100%
Amounts payable17/49€114,210€133,416▲ 16.8%
Amounts payable within one year42/48€105,973€132,200▲ 24.7%
Trade debts44€14,264€23,784▲ 66.7%
Suppliers440/4€14,264€23,784▲ 66.7%
Advances received on contracts in progress46€74,474€70,129▼ 5.8%
Taxes, remuneration and social security45€16,385€16,714▲ 2.0%
Taxes450/3€7,521€10,456▲ 39.0%
Remuneration and social security454/9€8,863€6,258▼ 29.4%
Other amounts payable47/48€850€21,573▲ 2,438%
Accrued charges and deferred income492/3€8,237€1,216▼ 85.2%
Line20232024Change
Profit (loss) for the period9904€146,977€47,727▼ 67.5%
+ Depreciation and write-downs630€5,771€20,192▲ 250%
Operating cash flow (approximation)€152,748€67,919▼ 55.5%
Investment in fixed assets (approximation)--€179,935-
Change in cash--€10,873-

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
15-06
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
08-07
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
1 act for this company is 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, Comines-Warneton · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
1.6 ha
Building footprint
3,657 m²
Volume, LiDAR
17,717 m³
Parcel 54008E0277/00K000, Wallonia · tallest building 9.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HOW'LOCATION
Howarderiestraat(Biz) 9, 7783 Comines-WarnetonAgents specialised in the wholesale of other particular products
since 20232.340.832.803
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
54008E0277/00K000 Wallonia 1.6 ha 1 · 3,657 m² 9.8 m · 2 fl.
Linked by address, not proof of ownership
Good to know
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

Of 465 companies in sector 77392 we hold annual accounts for 165. 130 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded20-12-2022
Fiscal year end31-12
Activities, NACEBEL 2025
55203Holiday cottages, homes and apartments
77392Rental and leasing activities
56210Event catering
77210Renting and leasing of sports and recreation goods
82100Office administrative and support services
93299Other amusement and recreation activities
Contact
E-mail info@lahowarderie.be
Phone 056/58/89/65
E-invoicing
Reachable via Peppol
Peppol ID 0208:0795103753
Also 9925:BE0795103753
Registered 12-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

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