HOWEN
ActiveSummary
HOWEN has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €32k and a net result of €1k. Equity is shrinking by ~4.5% per year across the filed fiscal years. Its solvency ranks better than 49% of 17090 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability72=
Solvency83=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2.5k at 30 days acceptable
Liquidity ample (current ratio 2.46 against 1.32 in 2024; short-term debt: 14.1% and cash: 10.3% of total assets), and 41.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
58.3%
Return on assets
2.6%
Age of the figures
9 mo
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 19-05-2026, 73 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
73 d early
2024
49 d early
2023
49 d early
2022
45 d early
2021
47 d early
2020
47 d early
2019
28 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€32k▲ 0.4%
2024 · €32k
2018: €42khighest in 8 years
2019: €40k▼ -5.8% vs 2018
2020: €39k▼ -3.0% vs 2019
2021: €33k▼ -14.2% vs 2020
2022: €30k▼ -8.4% vs 2021lowest in 8 years
2023: €32k▲ +3.6% vs 2022
2024: €32k▲ +0.5% vs 2023
2025: €32k▲ +0.4% vs 2024
2018 → 2025
Total assets
€55k▼ 0.5%
2024 · €55k
2018: €57khighest in 8 years
2019: €44k▼ -22.3% vs 2018
2020: €47k▲ +7.3% vs 2019
2021: €44k▼ -6.6% vs 2020
2022: €38k▼ -14.4% vs 2021lowest in 8 years
2023: €39k▲ +3.7% vs 2022
2024: €55k▲ +39.5% vs 2023
2025: €55k▼ -0.5% vs 2024
2018 → 2025
Net result
€1k▼ 2.5%
2024 · €1k
2018: €48
2019: €-2k▼ -5250% vs 2018
2020: €402▲ +116% vs 2019
2021: €-4k▼ -1072% vs 2020lowest in 8 years
2022: €-1k▲ +63.3% vs 2021
2023: €2k▲ +265% vs 2022highest in 8 years
2024: €1k▼ -37.7% vs 2023
2025: €1k▼ -2.5% vs 2024
2018 → 2025
Working capital
€11k▲ 513%
2024 · €2k
2018: €40khighest in 8 years
2019: €39k▼ -3.2% vs 2018
2020: €38k▼ -1.0% vs 2019
2021: €31k▼ -17.9% vs 2020
2022: €30k▼ -5.3% vs 2021
2023: €32k▲ +6.4% vs 2022
2024: €2k▼ -94.2% vs 2023lowest in 8 years
2025: €11k▲ +513% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€33k-€30k▼ 8.4%€32k▲ 3.6%€32k▲ 0.5%€32k▲ 0.4%
2021: €33khighest in 5 years
2022: €30k▼ -8.4% vs 2021lowest in 5 years
2023: €32k▲ +3.6% vs 2022
2024: €32k▲ +0.5% vs 2023
2025: €32k▲ +0.4% vs 2024
Operating result€-4k-€-2k▲ 59.3%€4k€3k▼ 13.0%€3k▲ 5.9%
2021: €-4klowest in 5 years
2022: €-2k▲ +59.3% vs 2021
2023: €4k▲ +340% vs 2022highest in 5 years
2024: €3k▼ -13.0% vs 2023
2025: €3k▲ +5.9% vs 2024
Net result€-4k-€-1k▲ 63.3%€2k€1k▼ 37.7%€1k▼ 2.5%
2021: €-4klowest in 5 years
2022: €-1k▲ +63.3% vs 2021
2023: €2k▲ +265% vs 2022highest in 5 years
2024: €1k▼ -37.7% vs 2023
2025: €1k▼ -2.5% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 6% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €55k
Fixed assets
€36k ▼ 24.7%
Current assets
€19k ▲ 152%
Equity and liabilities €55k
Equity
€32k ▲ 0.4%
Debt
€23k ▼ 1.7%
Debt's share of the balance-sheet total falls from 42.2% to 41.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€15k▲
2024 · €14k
Cash flow
€13k▲
2024 · €13k
Current ratio
2.46▲
2024 · 1.32
Debt to equity
0.72▼
2024 · 0.73
ROE
4.5%▼
2024 · 4.7%
ROA
2.6%▼
2024 · 2.7%
Interest coverage
14.12▲
2024 · 10.51
Debt ≤ 1 year
€8k▲
2024 · €6k
Debt > 1 year
€13k▼
2024 · €15k
Income taxes
€817▲
2024 · €316
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€55k€55k▼
Fixed assets21/28€47k€36k▼
Tangible fixed assets22/27€47k€36k▼
Furniture and vehicles24€46k€34k▼
Other tangible fixed assets26€2k€1k▼
Current assets29/58€8k€19k▲
Amounts receivable within one year40/41€5k€7k▲
Trade receivables40€4k€7k▲
Other amounts receivable41€1k€36▼
Current investments50/53€1k€6k▲
Cash at bank and in hand54/58€580€6k▲
Deferred charges and accrued income490/1€379€372▼
Equity and liabilities
Total equity and liabilities10/49€55k€55k▼
Equity10/15€32k€32k▲
Contributions10/11€6k€6k=
Reserves13€26k€26k▲
Distributable reserves133€26k€26k▲
Amounts payable17/49€23k€23k▼
Amounts payable after more than one year17€15k€13k▼
Other amounts payable178/9€15k€13k▼
Amounts payable within one year42/48€6k€8k▲
Trade debts44€4k€4k▲
Suppliers440/4€4k€4k▲
Taxes, remuneration and social security45€655€2k▲
Taxes450/3€655€2k▲
Other amounts payable47/48€1k€1k=
Accrued charges and deferred income492/3€2k€2k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€12k▲
Other operating charges640/8€573€501▼
Gross operating margin9900€15k€16k▲
Operating profit (loss)9901€3k€3k▲
Financial income75/76B€32€11▼
Recurring financial income75€32€11▼
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€2k€2k▲
Income taxes67/77€316€817▲
Profit (loss) for the period9904€1k€1k▼
Profit (loss) for the period to be appropriated9905€1k€1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1k€1k▼
Transfer from equity791/2€1k€1k=
Transfer to equity691/2€1k€1k▼
To other reserves6921€1k€1k▼
Profit to be distributed694/7€1k€1k=
Return on contributions (dividend)694€1k€1k=
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €1k | €795 | €11k | €12k | ▲ 4.3% |
| Other operating charges640/8 | €688 | €744 | €767 | €573 | €501 | ▼ 12.5% |
| Gross operating margin9900 | €-2k | €389 | €5k | €15k | €16k | ▲ 4.0% |
| Operating profit (loss)9901 | €-4k | €-2k | €4k | €3k | €3k | ▲ 5.9% |
| Financial income75/76B | €1 | €295 | €44 | €32 | €11 | ▼ 65.3% |
| Recurring financial income75 | €1 | €295 | €44 | €32 | €11 | ▼ 65.3% |
| Financial charges65/66B | €74 | €46 | €125 | €1k | €1k | ▼ 22.1% |
| Recurring financial charges65 | €74 | €46 | €125 | €1k | €1k | ▼ 22.1% |
| Profit (loss) for the period before taxes9903 | €-4k | €-1k | €4k | €2k | €2k | ▲ 25.9% |
| Income taxes67/77 | €140 | €181 | €1k | €316 | €817 | ▲ 158% |
| Profit (loss) for the period9904 | €-4k | €-1k | €2k | €1k | €1k | ▼ 2.5% |
| Profit (loss) for the period to be appropriated9905 | €-4k | €-1k | €2k | €1k | €1k | ▼ 2.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €44k | €38k | €39k | €55k | €55k | ▼ 0.5% |
| Fixed assets21/28 | €2k | €810 | €15 | €47k | €36k | ▼ 24.7% |
| Tangible fixed assets22/27 | €2k | €810 | €15 | €47k | €36k | ▼ 24.7% |
| Furniture and vehicles24 | €2k | €810 | €15 | €46k | €34k | ▼ 24.8% |
| Other tangible fixed assets26 | - | - | - | €2k | €1k | ▼ 22.3% |
| Current assets29/58 | €42k | €37k | €39k | €8k | €19k | ▲ 152% |
| Amounts receivable within one year40/41 | €9k | €19k | €7k | €5k | €7k | ▲ 32.4% |
| Trade receivables40 | €9k | €7k | €7k | €4k | €7k | ▲ 84.7% |
| Other amounts receivable41 | €174 | €11k | - | €1k | €36 | ▼ 97.6% |
| Current investments50/53 | €28k | €16k | €30k | €1k | €6k | ▲ 336% |
| Cash at bank and in hand54/58 | €5k | €1k | €2k | €580 | €6k | ▲ 873% |
| Deferred charges and accrued income490/1 | €882 | €902 | €514 | €379 | €372 | ▼ 1.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €44k | €38k | €39k | €55k | €55k | ▼ 0.5% |
| Equity10/15 | €33k | €30k | €32k | €32k | €32k | ▲ 0.4% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €24k | €24k | €25k | €26k | €26k | ▲ 0.5% |
| Non-distributable reserves130/1 | €2k | €2k | - | - | - | - |
| Reserves not available under the articles1311 | €2k | €2k | - | - | - | - |
| Distributable reserves133 | €22k | €22k | €25k | €26k | €26k | ▲ 0.5% |
| Profit (loss) carried forward14 | €3k | - | - | - | - | - |
| Amounts payable17/49 | €11k | €7k | €8k | €23k | €23k | ▼ 1.7% |
| Amounts payable after more than one year17 | - | - | - | €15k | €13k | ▼ 14.9% |
| Other amounts payable178/9 | - | - | - | €15k | €13k | ▼ 14.9% |
| Amounts payable within one year42/48 | €11k | €7k | €8k | €6k | €8k | ▲ 35.2% |
| Trade debts44 | €8k | €5k | €5k | €4k | €4k | ▲ 9.8% |
| Suppliers440/4 | €8k | €5k | €5k | €4k | €4k | ▲ 9.8% |
| Taxes, remuneration and social security45 | €2k | €1k | €2k | €655 | €2k | ▲ 251% |
| Taxes450/3 | €2k | €1k | €2k | €655 | €2k | ▲ 251% |
| Other amounts payable47/48 | €2k | €1k | €1k | €1k | €1k | = |
| Accrued charges and deferred income492/3 | - | - | - | €2k | €2k | ▼ 5.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-4k | €-1k | €2k | €1k | €1k | ▼ 2.5% |
| + Depreciation and write-downs630 | €1k | €1k | €795 | €11k | €12k | ▲ 4.3% |
| Operating cash flow (approximation) | €-3k | €-287 | €3k | €13k | €13k | ▲ 3.5% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-59k | €0 | ▲ 100% |
| Change in cash | - | €-3k | €75 | €-965 | €5k | ▲ 625% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
12-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
14-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-4k
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
14-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €402
Net result €402 after one loss-making year.
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 10.05
Current ratio from 3.75 to 10.05; short-term debt falls from €14k to €4k.
20-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
02-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Tournai · 1 establishment unit since 2003
Ground area
1,849 m²
Building footprint
205 m²
Volume, LiDAR
1,108 m³
2 parcels, Wallonia · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
HOWEN
since 20032.135.220.022
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 57007A0011/00H000 | Wallonia | 1,688 m² | 1 · 119 m² | 5.9 m · 2 fl. |
| 57030B0442/00H000 | Wallonia | 161 m² | 1 · 86 m² | 7.5 m · 2 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.
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Of 16,879 companies in sector 62100 we hold annual accounts for 8,771. 6,400 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
Founded17-12-2003
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
47400Retail sale of information and communication equipment
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
Scores and ratios are computed by Checked and are not a credit decision.