J.KOWA

Active

Private limited companyfounded 20206 yrs activeKwadestraat 149/0.1, 8800 Roeselare, BelgiumKBO/BCE: BE 0754.495.890

Summary

J.KOWA has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10k and a net result of €6k. Equity is shrinking by ~32.7% per year across the filed fiscal years. Its solvency ranks better than 73% of 2692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

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Checked score

Score 2025

92 / 100

Excellent

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability100=

Solvency98▼-2

Growth32=

Track record100

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days acceptable

Liquidity ample (current ratio 3.7 against 7.16 in 2024; short-term debt: 27.1% and cash: 95.2% of total assets), and 27.1% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

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

Sector 62

lower

← fewer bankruptcies more bankruptcies →

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

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

72.9%

Return on assets

43%

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-06-2026, 58 days ahead of the deadline.

NBB · 5 filings

Deviation from the deadline

2025

58 d early

2024

62 d early

2023

146 d early

2022

40 d early

2021

74 d late

← before the deadline after the deadline →

Checked, nothing found (2)

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 months

Position in the running window

24-09-2026 today31-12-2026 close31-07-2027 deadline

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

Financials · fiscal year 2025, abbreviated schema

Equity

€10k▼ 90.3%

2024 · €100k

2021: €104k 2022: €150k 2023: €192k 2024: €100k

2021 → 2025

Total assets

€13k▼ 88.5%

2024 · €116k

2021: €120k 2022: €174k 2023: €205k 2024: €116k

2021 → 2025

Net result

€6k▼ 90.2%

2024 · €58k

2021: €100k 2022: €46k 2023: €42k 2024: €58k

2021 → 2025

Working capital

€10k▼ 90.3%

2024 · €100k

2021: €104k 2022: €150k 2023: €192k 2024: €100k

2021 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€104k-€150k▲ 44.8%€192k▲ 27.9%€100k▼ 47.8%€10k▼ 90.3%

Operating result€126k-€56k▼ 55.7%€51k▼ 8.2%€73k▲ 42.9%€9k▼ 87.8%

Net result€100k-€46k▼ 53.4%€42k▼ 9.7%€58k▲ 39.4%€6k▼ 90.2%

Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2025; 2025 is 88% below 2024 and is the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Equity and liabilities €13k

72.9%

27.1%

Equity €10k ▼ 90.3%

Debt €4k ▼ 77.8%

Debt's share of the balance-sheet total rises from 14.0% to 27.1%. Equity and debt are lower.

Key figures and ratios

2025 value · change against 2024

Current ratio

3.70▼

2024 · 7.16

Debt to equity

0.37▲

2024 · 0.16

ROE

59.0%▲

2024 · 58.3%

ROA

43.0%▼

2024 · 50.1%

Debt ≤ 1 year

€4k▼

2024 · €16k

Income taxes

€3k▼

2024 · €15k

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 · 34 lines

Balance sheet Code20242025

Assets

Total assets20/58€116k€13k▼

Current assets29/58€116k€13k▼

Amounts receivable within one year40/41€43k€635▼

Trade receivables40€15k€482▼

Other amounts receivable41€28k€154▼

Cash at bank and in hand54/58€74k€13k▼

Equity and liabilities

Total equity and liabilities10/49€116k€13k▼

Equity10/15€100k€10k▼

Contributions10/11€4k€4k=

Reserves13€96k-

Distributable reserves133€96k-

Profit (loss) carried forward14-€6k

Amounts payable17/49€16k€4k▼

Amounts payable within one year42/48€16k€4k▼

Trade debts44€340€870▲

Suppliers440/4€340€870▲

Taxes, remuneration and social security45€16k€2k▼

Taxes450/3€13k€2k▼

Remuneration and social security454/9€3k-

Other amounts payable47/48-€483

Income statement Code20242025

Gross operating margin9900€73k€9k▼

Operating profit (loss)9901€73k€9k▼

Financial charges65/66B€217€89▼

Recurring financial charges65€217€89▼

Profit (loss) for the period before taxes9903€73k€9k▼

Income taxes67/77€15k€3k▼

Profit (loss) for the period9904€58k€6k▼

Profit (loss) for the period to be appropriated9905€58k€6k▼

Appropriation of the result

Profit (loss) to be appropriated9906€58k€6k▼

Transfer from equity791/2€150k-

Transfer to equity691/2€58k-

To other reserves6921€58k-

Profit to be distributed694/7€150k-

Return on contributions (dividend)694€150k-

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 8Financial 3Filings 5

Next filing, fiscal year 2026, expected by 31-07-2027

2026

03-06

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

2025

31-12

Financial Weakest financial yearnet €6k ▼90.2%

Net result drops to €6k, the lowest in the series.

30-05

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

07-03

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

31-12

Financial Liquidity doublescurrent ratio 15.84

Current ratio from 7.22 to 15.84; short-term debt falls from €24k to €13k.

31-12

Financial Equity above €150kEq €192k ▲27.9%

3 profitable years in a row build equity to €192k.

21-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

13-10

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 74 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

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, Roeselare · 1 establishment unit since 2020

establishment The establishment unit on the map

Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Kwadestraat 149/0.18800 Roeselare

Ground area

3,013 m²

Building footprint

399 m²

Volume, LiDAR

6,053 m³

Parcel 36017A1279/00F000, Flanders · tallest building 53.6 m, ±5 floors. Linked by address, not a title deed.

1 establishment unit

J.KOWA

Kwadestraat 149/0.1, 8800 RoeselareComputer programming, consultancy and related activities

since 20202.307.161.529

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
36017A1279/00F000	Flanders	3,013 m²	1 · 398 m²	53.6 m · 5 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

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

Ottignies-Louvain-la-Neuve · Eq €9,685

Of 16,884 companies in sector 62100 we hold annual accounts for 8,775. 4,370 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded16-09-2020

Fiscal year end31-12

Activities, NACEBEL 2025

62100Computer programming

62200Computer consultancy and computer facilities management

Sources

Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers

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