Kowanco

Active

Private limited companyfounded 20233 yrs activeLange Lobroekstraat 208, 2060 Antwerpen, BelgiumKBO/BCE: BE 0799.437.475

Summary

Kowanco has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30,605 and a net result of €15,330. Equity is growing by ~81.8% per year across the filed fiscal years. Its solvency ranks better than 81% of 312 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Risk analysisWatch Report Compare

KowancoActiveChecked score 88/100

Risk analysis Report Compare

Activity

Telecommunications resale and intermediation services

NACE 61200Telecommunications NACE 61900

1 site

Size

€40,617total assets 2025

Equity: €30,605
Profit: €15,330

Turnover not published (abridged schema)

Financial health

88 Excellent Checked score 2025

Bankruptcy chance 12 m: 0.4%

Structure

Accounts 39 d early0 of 1 deed read

Why 88- Founded in 2023- Size: total assets €40,617+ Liquidity: current ratio 3.70, cash €24,980+ Equity €30,605 (75.3% of total assets)Show the evidence

Checked score

Score 2025

88 / 100

Excellent

Probability in this band: under 0.55%

Better than 90% of its sector peers (NACE 61, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength · tick = 2024

Strong

Solvency 100+10

equity 75.3% of total assets

Liquidity 91+8

short-term debt 24.7% · cash 61.5%

Profitability 100=

return on assets 37.7%

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (525 companies)

Last 24 months 11-2024: 2.2% 12-2024: 2.2%● 0.0% vs 11-2024 01-2025: 2.1%▼ -2.7% vs 12-2024 02-2025: 2.1%▼ -0.6% vs 01-2025 03-2025: 2.2%▲ +5.4% vs 02-2025 04-2025: 2.3%▲ +4.0% vs 03-2025 05-2025: 2.4%▲ +3.0% vs 04-2025highest value 06-2025: 2.4%▼ -0.3% vs 05-2025 07-2025: 0.8%▼ -66.6% vs 06-2025 08-2025: 0.8%● 0.0% vs 07-2025 09-2025: 0.8%● 0.0% vs 08-2025 10-2025: 0.8%● 0.0% vs 09-2025 11-2025: 0.8%▼ -1.8% vs 10-2025 12-2025: 0.8%▼ -1.5% vs 11-2025 01-2026: 0.8%▼ -0.3% vs 12-2025 02-2026: 0.8%▼ -1.6% vs 01-2026 03-2026: 0.8%▲ +2.9% vs 02-2026 04-2026: 0.8%▲ +5.9% vs 03-2026 05-2026: 0.9%▲ +8.7% vs 04-2026 06-2026: 0.9%▲ +1.1% vs 05-2026 07-2026: 0.4%▼ -52.8% vs 06-2026lowest value 08-2026: 0.4%● 0.0% vs 07-2026lowest value 09-2026: 0.4%● 0.0% vs 08-2026lowest value 10-2026: 0.4%● 0.0% vs 09-2026lowest value

Liquidity: current ratio 3.70, cash €24,980 lowers the probability
Founded in 2023 raises the probability for this profile
Size: total assets €40,617 raises the probability for this profile
Equity €30,605 (75.3% of total assets) lowers the probability

Credit up to €2,500 at 30 days acceptable

Liquidity ample (current ratio 3.7 against 2.14 in 2024; short-term debt: 24.7% and cash: 61.5% of total assets), and 24.7% of the assets are financed with debt.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

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%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 61, micro). Better than this share of them on solvency 91%, liquidity 88%, profitability 91%, growth against the median 91%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 06-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

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

−lowers risk+raises risk○neutral

Liquidity: current ratio 3.70, cash €24,980

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Founded in 2023

In the bankruptcy model this factor raises the probability for this profile.

KBO

Size: total assets €40,617

In the bankruptcy model this factor raises the probability for this profile.

NBB · annual accounts

Equity €30,605 (75.3% of total assets)

In the bankruptcy model this factor lowers the probability.

NBB · annual accounts

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-06-2026, 39 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

39 d early

2024

38 d early

2023

37 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 38 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

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. Usually files around 23 June (3 of the last 3 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

06-10-2026 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

22-06-26 Annual accounts filedfiscal year 2025 · micro…
31-12-25 Highest result since 2023net €15,330 ▲58.7%
23-06-25 Annual accounts filedfiscal year 2024 · micro…

Key points

Positive: Among the best 19% on solvencysector median 44.0% · 312 companies 75.3% View
Total assets 20253 fiscal years filed €40,617 View
Active since 2023founded 13-03-2023 3 years View