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LOW ARCHITECTEN

Active
Private limited companyfounded 2006active for 20 yearsFranklin Rooseveltplaats 12, 2060 Antwerpen, Belgium76 active companies are registered at this addressKBO/BCE: BE 0880.249.759
Summary

LOW ARCHITECTEN has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.4m and a net result of €1.1m. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 45% of 2,503 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, abbreviated format

Equity
€5.4m▼ 13.6%
2024 · €6.3m
Total assets
€12.9m▲ 36.2%
2024 · €9.4m
Net result
€1.1m▼ 32.0%
2024 · €1.6m
Working capital
€4.0m▼ 28.1%
2024 · €5.5m
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result falls in 2025; 2025 is 28% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€1.6m 2025 Net result€1.1m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€1.0m-€1.2m▲ 14.9%€1.0m▼ 9.5%€0.9m▼ 18.5%€1.2m▲ 40.5%€2.2m▲ 84.2%€2.3m▲ 3.4%€1.6m▼ 28.4%
Net result€0.6m-€0.8m▲ 18.4%€0.7mabove the sector's middle half▼ 5.2%€0.5mabove the sector's middle half▼ 26.7%€0.8mabove the sector's middle half▲ 58.9%€1.6mabove the sector's middle half▲ 84.1%€1.6mabove the sector's middle half▲ 0.9%€1.1mabove the sector's middle half▼ 32.0%
Equity€1.8m-€2.2m▲ 25.7%€2.9mabove the sector's middle half▲ 28.1%€3.3mabove the sector's middle half▲ 15.1%€3.9mabove the sector's middle half▲ 18.9%€5.2mabove the sector's middle half▲ 32.5%€6.3mabove the sector's middle half▲ 21.1%€5.4mabove the sector's middle half▼ 13.6%
Total assets€2.8m-€5.5m▲ 97.9%€6.0mabove the sector's middle half▲ 8.1%€6.2mabove the sector's middle half▲ 3.1%€6.8mabove the sector's middle half▲ 9.3%€8.0mabove the sector's middle half▲ 19.1%€9.4mabove the sector's middle half▲ 17.3%€12.9mabove the sector's middle half▲ 36.2%
Debt€1.0m-€3.3m▲ 224%€3.1m▼ 5.4%€2.9m▼ 7.9%€2.8m▼ 1.7%€2.8m▲ 0.5%€3.1m▲ 10.5%€7.4m▲ 136%
Working capital€1.4m-€2.0m▲ 42.9%€2.6mabove the sector's middle half▲ 25.1%€3.0mabove the sector's middle half▲ 15.8%€3.6mabove the sector's middle half▲ 20.0%€3.5mabove the sector's middle half▼ 1.7%€5.5mabove the sector's middle half▲ 58.5%€4.0mabove the sector's middle half▼ 28.1%
Solvency63.5%-40.3%▼ 23.2pp47.8%within the sector's middle half▲ 7.5pp53.4%within the sector's middle half▲ 5.6pp58.1%within the sector's middle half▲ 4.7pp64.6%within the sector's middle half▲ 6.6pp66.7%within the sector's middle half▲ 2.1pp42.3%within the sector's middle half▼ 24.4pp
Current ratio3.66-3.51▼ 0.154.59above the sector's middle half▲ 1.085.42above the sector's middle half▲ 0.835.08above the sector's middle half▼ 0.344.18above the sector's middle half▼ 0.898.81above the sector's middle half▲ 4.624.97above the sector's middle half▼ 3.83
Return on assets (ROA)23.1%-13.8%▼ 9.3pp12.1%within the sector's middle half▼ 1.7pp8.6%within the sector's middle half▼ 3.5pp12.5%within the sector's middle half▲ 3.9pp19.3%above the sector's middle half▲ 6.8pp16.6%above the sector's middle half▼ 2.7pp8.3%within the sector's middle half▼ 8.3pp
Staff (FTE)1-1=1below the sector's middle half=1below the sector's middle half=1below the sector's middle half=1within the sector's middle half=1.3within the sector's middle half▲ 30.0%1.3within the sector's middle half=
above within below the middle half of NACE 71, Architectural and engineering activities; technical testing and analysis: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €12.9m
Fixed assets €7.9m ▲ 147%
Current assets €5.0m ▼ 20.2%
Equity and liabilities €12.9m
Equity €5.4m ▼ 13.6%
Debt €7.4m ▲ 136%
Debt's share of the balance-sheet total rises from 33.3% to 57.7%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2.1m▼
2024 · €2.6m
Cash flow
€1.5m▼
2024 · €1.9m
Quick ratio
4.57▼
2024 · 8.24
Debt to equity
1.37▲
2024 · 0.50
ROE
19.6%▼
2024 · 24.9%
Interest coverage
19.53▼
2024 · 32.65
Debt ≤ 1 year
€1.0m▲
2024 · €710,313
Debt > 1 year
€6.3m▲
2024 · €2.3m
Income taxes
€579,463▼
2024 · €727,878
Staff costs
€107,738▲
2024 · €100,740
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,372 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93.5% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.5% went bankrupt
5.9% stopped otherwise
93.5% still going

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

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 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% 1.8%
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 74.5% 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 31,372 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 · 2025 against 2024 · 62 lines
Balance sheet Code20242025
Assets
Total assets20/58€9.4m€12.9m▲
Fixed assets21/28€3.2m€7.9m▲
Intangible fixed assets21€0-
Tangible fixed assets22/27€3.1m€7.8m▲
Land and buildings22€3.0m€7.3m▲
Plant, machinery and equipment23-€0.02m
Furniture and vehicles24€0.1m€0.5m▲
Financial fixed assets28€0.06m€0.06m▼
Current assets29/58€6.3m€5.0m▼
Stocks and contracts in progress3€0.4m€0.4m=
Contracts in progress37€0.4m€0.4m=
Amounts receivable within one year40/41€2.9m€3.0m▲
Trade receivables40€0.8m€0.9m▲
Other amounts receivable41€2.2m€2.1m▼
Current investments50/53€1.2m€0▼
Cash at bank and in hand54/58€1.6m€1.5m▼
Deferred charges and accrued income490/1€0.06m€0.05m▼
Equity and liabilities
Total equity and liabilities10/49€9.4m€12.9m▲
Equity10/15€6.3m€5.4m▼
Contributions10/11€0.02m€0.02m=
Reserves13€6.3m€5.4m▼
Non-distributable reserves130/1€0.03m€0▼
Reserves not available under the articles1311€0.03m€0▼
Tax-exempt reserves132€0.9m€0.8m▼
Distributable reserves133€5.3m€4.6m▼
Profit (loss) carried forward14€0€0=
Amounts payable17/49€3.1m€7.4m▲
Amounts payable after more than one year17€2.3m€6.3m▲
Financial debts170/4€2.3m€6.3m▲
Amounts payable within one year42/48€0.7m€1.0m▲
Current portion of amounts payable after more than one year42€0.3m€0.5m▲
Trade debts44€0.2m€0.3m▲
Suppliers440/4€0.2m€0.3m▲
Taxes, remuneration and social security45€0.2m€0.05m▼
Taxes450/3€0.1m€0.04m▼
Remuneration and social security454/9€0.01m€0.01m▲
Other amounts payable47/48€0.1m€0.2m▲
Accrued charges and deferred income492/3€0.1m€0.1m▲
Income statement Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€0.1m€0.1m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.3m€0.5m▲
Other operating charges640/8€0.04m€0.04m▲
Gross operating margin9900€2.7m€2.3m▼
Operating profit (loss)9901€2.3m€1.6m▼
Financial income75/76B€0.09m€0.1m▲
Recurring financial income75€0.09m€0.1m▲
Financial charges65/66B€0.08m€0.1m▲
Recurring financial charges65€0.08m€0.1m▲
Profit (loss) for the period before taxes9903€2.3m€1.6m▼
Income taxes67/77€0.7m€0.6m▼
Profit (loss) for the period9904€1.6m€1.1m▼
Transfer from tax-exempt reserves789€0.2m€0.3m▲
Transfer to tax-exempt reserves689€0.3m€0.2m▼
Profit (loss) for the period to be appropriated9905€1.5m€1.2m▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.5m€1.2m▼
Transfer from equity791/2€0.5m€1.9m▲
Transfer to equity691/2€1.5m€1.2m▼
To other reserves6921€1.5m€1.2m▼
Profit to be distributed694/7€0.5m€1.9m▲
Return on contributions (dividend)694€0.5m€1.9m▲
Employees696€0.008m€0.01m▲
Social balance sheet
Average headcount (FTE)90871.31.3=

The notes to these accounts (26 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€0.006m€0€0.001m€0--
Remuneration, social security and pensions62---€0.07m€0.08m€0.09m€0.1m€0.1m▲ 6.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.1m€0.2m€0.2m€0.2m€0.2m€0.2m€0.3m€0.5m▲ 46.9%
Other operating charges640/8---€0.05m€0.006m€0.05m€0.04m€0.04m▲ 18.0%
Gross operating margin9900€1.2m€1.5m€1.4m€1.2m€1.5m€2.6m€2.7m€2.3m▼ 17.8%
Operating profit (loss)9901€1.0m€1.2m€1.0m€0.9m€1.2m€2.2m€2.3m€1.6m▼ 28.4%
Financial income75/76B---€0.04m€0.06m€0.1m€0.09m€0.1m▲ 29.0%
Recurring financial income75€0.02m€0.02m€0.02m€0.04m€0.06m€0.1m€0.09m€0.1m▲ 29.0%
Financial charges65/66B---€0.04m€0.04m€0.06m€0.08m€0.1m▲ 34.9%
Recurring financial charges65€0.03m€0.03m€0.04m€0.04m€0.04m€0.06m€0.08m€0.1m▲ 34.9%
Profit (loss) for the period before taxes9903€1.0m€1.1m€1.0m€0.9m€1.2m€2.3m€2.3m€1.6m▼ 28.3%
Income taxes67/77€0.3m€0.4m€0.3m€0.3m€0.4m€0.7m€0.7m€0.6m▼ 20.4%
Profit (loss) for the period9904€0.6m€0.8m€0.7m€0.5m€0.8m€1.6m€1.6m€1.1m▼ 32.0%
Transfer from tax-exempt reserves789---€0.5m€0€0.2m€0.2m€0.3m▲ 61.2%
Transfer to tax-exempt reserves689---€0€0.2m€0.4m€0.3m€0.2m▼ 33.3%
Profit (loss) for the period to be appropriated9905€0.5m€0.4m€0.5m€1.0m€0.6m€1.3m€1.5m€1.2m▼ 18.3%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€2.8m€5.5m€6.0m€6.2m€6.8m€8.0m€9.4m€12.9m▲ 36.2%
Fixed assets21/28€0.8m€2.7m€2.7m€2.5m€2.3m€3.5m€3.2m€7.9m▲ 147%
Intangible fixed assets21--€0.01m€0.02m€0.009m€0.002m€0--
Tangible fixed assets22/27€0.7m€2.6m€2.6m€2.4m€2.2m€3.4m€3.1m€7.8m▲ 150%
Land and buildings22---€2.4m€2.2m€3.3m€3.0m€7.3m▲ 140%
Plant, machinery and equipment23---€0.001m€317€0-€0.02m-
Furniture and vehicles24---€0.05m€0.03m€0.1m€0.1m€0.5m▲ 435%
Financial fixed assets28€0.1m€0.1m€0.1m€0.09m€0.09m€0.08m€0.06m€0.06m▼ 5.7%
Current assets29/58€2.0m€2.9m€3.3m€3.6m€4.4m€4.6m€6.3m€5.0m▼ 20.2%
Stocks and contracts in progress3€0.3m€0.3m€0.3m€0.3m€0.3m€0.5m€0.4m€0.4m=
Contracts in progress37---€0.3m€0.3m€0.5m€0.4m€0.4m=
Amounts receivable within one year40/41€0.9m€1.3m€1.7m€2.5m€2.7m€2.8m€2.9m€3.0m▲ 3.0%
Trade receivables40---€0.3m€0.6m€1.0m€0.8m€0.9m▲ 14.3%
Other amounts receivable41---€2.1m€2.1m€1.8m€2.2m€2.1m▼ 1.0%
Current investments50/53------€1.2m€0▼ 100%
Cash at bank and in hand54/58€0.8m€1.3m€1.3m€0.8m€1.4m€1.3m€1.6m€1.5m▼ 5.8%
Deferred charges and accrued income490/1---€0.1m€0.09m€0.04m€0.06m€0.05m▼ 16.2%
Equity and liabilities
Total equity and liabilities10/49€2.8m€5.5m€6.0m€6.2m€6.8m€8.0m€9.4m€12.9m▲ 36.2%
Equity10/15€1.8m€2.2m€2.9m€3.3m€3.9m€5.2m€6.3m€5.4m▼ 13.6%
Contributions10/11€0.3m€0.02m-€0.02m€0.02m€0.02m€0.02m€0.02m=
Reserves13€1.5m€2.2m€2.8m€3.3m€3.9m€5.2m€6.3m€5.4m▼ 13.7%
Non-distributable reserves130/1---€0.03m€0.03m€0.03m€0.03m€0▼ 100%
Reserves not available under the articles1311---€0.03m€0.03m€0.03m€0.03m€0▼ 100%
Tax-exempt reserves132---€0.4m€0.6m€0.8m€0.9m€0.8m▼ 13.6%
Distributable reserves133---€2.9m€3.3m€4.3m€5.3m€4.6m▼ 13.2%
Profit (loss) carried forward14---€0€0€0€0€0-
Amounts payable17/49€1.0m€3.3m€3.1m€2.9m€2.8m€2.8m€3.1m€7.4m▲ 136%
Amounts payable after more than one year17€0.4m€2.4m€2.3m€2.1m€1.8m€1.6m€2.3m€6.3m▲ 170%
Financial debts170/4---€2.1m€1.8m€1.6m€2.3m€6.3m▲ 170%
Amounts payable within one year42/48€0.5m€0.8m€0.7m€0.7m€0.9m€1.1m€0.7m€1.0m▲ 41.3%
Current portion of amounts payable after more than one year42---€0.2m€0.2m€0.2m€0.3m€0.5m▲ 99.1%
Trade debts44€0.2m€0.4m€0.4m€0.2m€0.2m€0.5m€0.2m€0.3m▲ 43.5%
Suppliers440/4---€0.2m€0.2m€0.5m€0.2m€0.3m▲ 43.5%
Taxes, remuneration and social security45---€0.01m€0.07m€0.09m€0.2m€0.05m▼ 64.5%
Taxes450/3---€0.005m€0.06m€0.08m€0.1m€0.04m▼ 70.8%
Remuneration and social security454/9---€0.009m€0.01m€0.01m€0.01m€0.01m▲ 15.5%
Other amounts payable47/48---€0.2m€0.4m€0.3m€0.1m€0.2m▲ 49.4%
Accrued charges and deferred income492/3---€0.1m€0.1m€0.1m€0.1m€0.1m▲ 22.5%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€0.6m€0.8m€0.7m€0.5m€0.8m€1.6m€1.6m€1.1m▼ 32.0%
+ Depreciation and write-downs630€0.1m€0.2m€0.2m€0.2m€0.2m€0.2m€0.3m€0.5m▲ 46.9%
Operating cash flow (approximation)€0.8m€1.0m€1.0m€0.8m€1.1m€1.8m€1.9m€1.5m▼ 18.8%
Investment in fixed assets (approximation)--€2.1m-€0.3m-€0.06m-€0.03m-€1.4m-€0.05m-€5.2m▼ 9,452%
Change in cash-€0.5m-€0.03m-€0.5m€0.6m-€0.04m€0.3m-€0.09m-

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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Latest 10 of 18 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 14-07-2026 2026-00318125
31-12-2024 abbreviated format 26-06-2025 2025-00180989
31-12-2023 abbreviated format 18-06-2024 2024-00137314
31-12-2022 abbreviated format 23-06-2023 2023-00151883
31-12-2021 abbreviated format 29-08-2022 2022-20334946
31-12-2020 abbreviated format 31-08-2021 2021-63600097
31-12-2019 abbreviated format 31-08-2020 2020-49900459
31-12-2018 abbreviated format 29-08-2019 2019-56900531
31-12-2017 abbreviated format 17-07-2018 2018-34300369
31-12-2016 abbreviated format 18-07-2017 2017-33400164

Show all 18 filings

Similar companies · same sector, comparable size

Of the 18,227 active companies whose main activity is activities of building architects (NACE 71111), figures are known for 6,407. 590 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Subsidies and aid

Flemish government

2023 to 2024 · 2 entries · €6,508 awarded · €6,508 paid
Year Entries AwardedPaid
2024 1 €119€2,729
2023 1 €6,389€3,779
Schemes
2 entries · €6,508 · €6,508 paid · Fonds voor Innoveren en Ondernemen

Public contracts

4 awards · 2019 to 2025
CALL FOR TENDERS 06D40/2024/M020 - SPAAK Building Renovation and Related Projects– Contract for Design Services
buyer: European Parliament, INLO - Directorate-General for Infrastructure and LogisticsArchitectural, engineering and inspection servicesawarded 17-01-20259 tendersTED 92696-2025
CALL FOR TENDERS 06D40/2024/M020 - SPAAK Building Renovation and Related Projects– Contract for Design Services
buyer: European Parliament, INLO - Directorate-General for Infrastructure and LogisticsArchitectural, engineering and inspection servicesawarded 17-01-20259 tendersTED 92696-2025
Rénovation complète de 8 immeubles de logements sociaux
buyer: FOYER SCHAERBEEKOISArchitectural, engineering and inspection servicesawarded 22-03-2022€609,6834 tendersTED 285687-2022
Marché public de services ayant pour objet la désignation d'un auteur de projet (équipe multidisciplinaire) chargé des missions d'études principales d'un chantier de démolition/construction: Marché public de services ayant pour objet la désignation d'un auteur de projet (équipe multidisciplinaire) chargé des missions d'études principales d'un chantier de démolition/ construction
buyer: Haute école Léonard de Vinci ASBLArchitectural, engineering and inspection servicesawarded 27-05-20195 tendersTED 275537-2019

Source: TED (Tenders Electronic Daily), Publications Office of the European Union. Values as the buyer published them; for a framework agreement, a ceiling.