LOOWA
ActiveLOOWA has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €383k and a net result of €17k. Equity is growing by ~44% per year across the filed fiscal years. Its solvency ranks better than 26% of 1720 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability22▼-78
Solvency23▲+9
Growth78=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days only on tighter terms
Liquidity short (current ratio 0.48 against 0.52 in 2024), and 76.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
lower
← 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
23.4%
Return on assets
1%
Age of the figures
17 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 22-09-2025, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 d early
2024
31 d early
2023
69 d early
2022
3 d early
2021
41 d early
2020
30 d early
2019
36 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close14-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€383k▲ 4.5%
2024 · €366k
2019: €59k
2020: €60k
2021: €83k
2022: €179k
2023: €220k
2024: €366k
2019 → 2025
Total assets
€1.64M▼ 10.0%
2024 · €1.82M
2019: €1.16M
2020: €980k
2021: €1.17M
2022: €1.03M
2023: €1.58M
2024: €1.82M
2019 → 2025
Net result
€17k▼ 88.7%
2024 · €147k
2019: €13k
2020: €1k
2021: €23k
2022: €96k
2023: €41k
2024: €147k
2019 → 2025
Working capital
€-220k▼ 14.1%
2024 · €-193k
2019: €-188k
2020: €-243k
2021: €-303k
2022: €-198k
2023: €-565k
2024: €-193k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€83k-€179k▲ 115%€220k▲ 23.1%€366k▲ 66.7%€383k▲ 4.5%
Operating result€36k-€120k▲ 233%€60k▼ 49.8%€200k▲ 231%€62k▼ 69.1%
Net result€23k-€96k▲ 325%€41k▼ 56.9%€147k▲ 255%€17k▼ 88.7%
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 69% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.64M
Fixed assets
€1.43M▼ 11.2%
Current assets
€203k▼ 1.0%
Equity and liabilities €1.64M
Equity
€383k▲ 4.5%
Debt
€1.25M▼ 13.7%
The debt ratio falls from 79.9% to 76.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€290k▼
2024 · €389k
Cash flow
€244k▼
2024 · €336k
Solvency
23.4%▲
2024 · 20.1%
Current ratio
0.48▼
2024 · 0.52
Quick ratio
0.29▼
2024 · 0.38
Debt / equity
3.27▼
2024 · 3.96
ROE
4.3%▼
2024 · 40.0%
ROA
1.0%▼
2024 · 8.1%
Interest coverage
6.21▼
2024 · 10.28
Debt
€1.25M▼
2024 · €1.45M
Debt ≤ 1 year
€423k▲
2024 · €398k
Debt > 1 year
€828k▼
2024 · €1.05M
Income taxes
€2k▼
2024 · €18k
Staff costs
€32k▲
2024 · €22k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.82M€1.64M▼
Fixed assets21/28€1.61M€1.43M▼
Tangible fixed assets22/27€1.61M€1.43M▼
Land and buildings22€244k€223k▼
Plant, machinery and equipment23€403k€347k▼
Furniture and vehicles24€966k€862k▼
Current assets29/58€205k€203k▼
Stocks and contracts in progress3€53k€79k▲
Stocks30/36€53k€79k▲
Amounts receivable within one year40/41€97k€99k▲
Trade receivables40€97k€92k▼
Other amounts receivable41€0€7k▲
Cash at bank and in hand54/58€39k€8k▼
Deferred charges and accrued income490/1€17k€17k▲
Equity and liabilities
Total equity and liabilities10/49€1.82M€1.64M▼
Equity10/15€366k€383k▲
Contributions10/11€19k€19k=
Reserves13€348k€364k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€348k€364k▲
Amounts payable17/49€1.45M€1.25M▼
Amounts payable after more than one year17€1.05M€828k▼
Financial debts170/4€1.05M€828k▼
Amounts payable within one year42/48€398k€423k▲
Current portion of amounts payable after more than one year42€265k€224k▼
Financial debts43€25k€50k▲
Credit institutions430/8€25k€50k▲
Trade debts44€37k€122k▲
Suppliers440/4€37k€122k▲
Taxes, remuneration and social security45€40k€10k▼
Taxes450/3€38k€3k▼
Remuneration and social security454/9€1k€7k▲
Other amounts payable47/48€32k€18k▼
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20242025
Remuneration, social security and pensions62€22k€32k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€189k€228k▲
Other operating charges640/8€19k€3k▼
Gross operating margin9900€430k€325k▼
Operating profit (loss)9901€200k€62k▼
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€38k€47k▲
Recurring financial charges65€38k€47k▲
Profit (loss) for the period before taxes9903€164k€18k▼
Income taxes67/77€18k€2k▼
Profit (loss) for the period9904€147k€17k▼
Profit (loss) for the period to be appropriated9905€147k€17k▼
Appropriation of the result
Profit (loss) to be appropriated9906€147k€17k▼
Transfer to equity691/2€147k€17k▼
To other reserves6921€147k€17k▼
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
22-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Highest result since 2019net €147k ▲255%
Operating result €200k, net result €147k, both a record.
2023
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Equity above €200kEq €220k ▲23.1%
5 profitable years in a row build equity to €220k.
2022
28-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Equity above €150kEq €179k ▲115%
4 profitable years in a row build equity to €179k.
2021
20-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2020
01-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Weakest financial yearnet €1k ▼90%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
2019
25-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
19-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
21-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
07-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 director, no change since 2023
VAN dE STEENE, Griet Maria Gerard
CurrentDirector · since 13-12-2023
13-12-2023
Appointed as Director
Location & real-estate footprint
Registered office, Tielt · 1 establishment unit since 2010
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.
Lammekensstraat 88700 TieltGround area
492 m²
Building footprint
168 m²
Volume, LiDAR
845 m³
Parcel 37001C0290/00G000, Flanders · tallest building 7.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Loowa
since 20102.186.092.562
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37001C0290/00G000 | Flanders | 492 m² | 1 · 168 m² | 7.7 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 962 EUR awarded · 961 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 158 EUR | 218 EUR |
| 2024 | 1 | 453 EUR | 662 EUR |
| 2023 | 1 | 270 EUR | 0 EUR |
| 2022 | 1 | 81 EUR | 81 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteTielt2.186.092.562
Similar companies · same sector, comparable size
ALTHI 92
BE 0447.223.448
Pont-à-Celles · Eq €382k
LILUX
BE 0812.015.902
Nassogne · Eq €382k
NEUMOULIN AGRI
BE 0458.497.917
Havelange · Eq €382k
DECOCK FILIEP
BE 0861.930.914
Ledegem · Eq €381k
RENOVAGRI
BE 0845.726.568
Ciney · Eq €385k
Of 4,668 companies in sector 01610 we hold annual accounts for 1,363. 1,089 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-03-2010
Fiscal year end31-03
Activities, NACEBEL
01610Support activities for crop production
46211Wholesale trade
46852Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.