LOW-E
ActiveSummary
LOW-E has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €541k and a net result of €34k. Equity is growing by ~6.6% per year across the filed fiscal years. Its solvency ranks better than 78% of 9494 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability75▲+21
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity ample (current ratio 6.41 against 7.38 in 2024; short-term debt: 7% and cash: 23.8% of total assets), and 20% 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 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
80%
Return on assets
5%
Age of the figures
9 mo
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
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 07-04-2026, 115 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
115 d early
2024
31 d early
2023
24 d early
2022
36 d early
2021
61 d late
2020
136 d late
2019
220 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
€541k▲ 6.6%
2024 · €508k
2018: €315klowest in 8 years
2019: €338k▲ +7.2% vs 2018
2020: €388k▲ +14.9% vs 2019
2021: €496k▲ +27.7% vs 2020
2022: €495k▼ -0.2% vs 2021
2023: €486k▼ -1.6% vs 2022
2024: €508k▲ +4.4% vs 2023
2025: €541k▲ +6.6% vs 2024highest in 8 years
2018 → 2025
Total assets
€677k▲ 5.9%
2024 · €639k
2018: €681k
2019: €718k▲ +5.5% vs 2018
2020: €747k▲ +4.0% vs 2019
2021: €579k▼ -22.4% vs 2020lowest in 8 years
2022: €1.04M▲ +79.5% vs 2021highest in 8 years
2023: €920k▼ -11.5% vs 2022
2024: €639k▼ -30.5% vs 2023
2025: €677k▲ +5.9% vs 2024
2018 → 2025
Net result
€34k▲ 57.5%
2024 · €21k
2018: €-2k
2019: €23k▲ +1225% vs 2018
2020: €38k▲ +66.8% vs 2019
2021: €108k▲ +186% vs 2020highest in 8 years
2022: €-1k▼ -101% vs 2021
2023: €-8k▼ -553% vs 2022lowest in 8 years
2024: €21k▲ +365% vs 2023
2025: €34k▲ +57.5% vs 2024
2018 → 2025
Working capital
€257k▲ 27.5%
2024 · €202k
2018: €290k
2019: €305k▲ +5.4% vs 2018
2020: €350k▲ +14.6% vs 2019
2021: €460k▲ +31.4% vs 2020highest in 8 years
2022: €196k▼ -57.4% vs 2021
2023: €171k▼ -12.8% vs 2022lowest in 8 years
2024: €202k▲ +17.9% vs 2023
2025: €257k▲ +27.5% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€496k-€495k▼ 0.2%€486k▼ 1.6%€508k▲ 4.4%€541k▲ 6.6%
2021: €496k
2022: €495k▼ -0.2% vs 2021
2023: €486k▼ -1.6% vs 2022lowest in 5 years
2024: €508k▲ +4.4% vs 2023
2025: €541k▲ +6.6% vs 2024highest in 5 years
Operating result€164k-€6k▼ 96.1%€12k▲ 80.3%€52k▲ 352%€54k▲ 2.3%
2021: €164khighest in 5 years
2022: €6k▼ -96.1% vs 2021lowest in 5 years
2023: €12k▲ +80.3% vs 2022
2024: €52k▲ +352% vs 2023
2025: €54k▲ +2.3% vs 2024
Net result€108k-€-1k€-8k▼ 553%€21k€34k▲ 57.5%
2021: €108khighest in 5 years
2022: €-1k▼ -101% vs 2021
2023: €-8k▼ -553% vs 2022lowest in 5 years
2024: €21k▲ +365% vs 2023
2025: €34k▲ +57.5% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 2% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €677k
Fixed assets
€372k ▼ 8.3%
Current assets
€305k ▲ 30.6%
Equity and liabilities €677k
Equity
€541k ▲ 6.6%
Debt
€135k ▲ 3.1%
Debt's share of the balance-sheet total falls from 20.5% to 20.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€88k▲
2024 · €87k
Cash flow
€68k▲
2024 · €56k
Current ratio
6.41▼
2024 · 7.38
Debt to equity
0.25▼
2024 · 0.26
ROE
6.2%▲
2024 · 4.2%
ROA
5.0%▲
2024 · 3.3%
Interest coverage
11.72▲
2024 · 3.73
Debt ≤ 1 year
€48k▲
2024 · €32k
Debt > 1 year
€88k▼
2024 · €99k
Income taxes
€13k▲
2024 · €9k
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 · 48 lines
Balance sheet
Code20242025
Assets
Total assets20/58€639k€677k▲
Fixed assets21/28€406k€372k▼
Tangible fixed assets22/27€406k€372k▼
Land and buildings22€374k€349k▼
Plant, machinery and equipment23€8k€8k▲
Furniture and vehicles24€24k€15k▼
Other tangible fixed assets26€368€81▼
Current assets29/58€233k€305k▲
Amounts receivable within one year40/41€166k€141k▼
Trade receivables40€54k€34k▼
Other amounts receivable41€112k€108k▼
Cash at bank and in hand54/58€62k€161k▲
Deferred charges and accrued income490/1€5k€2k▼
Equity and liabilities
Total equity and liabilities10/49€639k€677k▲
Equity10/15€508k€541k▲
Contributions10/11€120k€120k=
Reserves13€126k€160k▲
Distributable reserves133€126k€160k▲
Profit (loss) carried forward14€261k€261k=
Amounts payable17/49€131k€135k▲
Amounts payable after more than one year17€99k€88k▼
Financial debts170/4€79k€68k▼
Other amounts payable178/9€20k€20k=
Amounts payable within one year42/48€32k€48k▲
Current portion of amounts payable after more than one year42€11k€11k▲
Trade debts44€7k€5k▼
Suppliers440/4€7k€5k▼
Taxes, remuneration and social security45€7k€14k▲
Taxes450/3€4k€11k▲
Remuneration and social security454/9€3k€3k=
Other amounts payable47/48€7k€18k▲
Accrued charges and deferred income492/3€840-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€34k€34k=
Other operating charges640/8€5k€4k▼
Gross operating margin9900€92k€92k▲
Operating profit (loss)9901€52k€54k▲
Financial income75/76B€1k€1k▲
Recurring financial income75€1k€1k▲
Financial charges65/66B€23k€7k▼
Recurring financial charges65€23k€7k▼
Profit (loss) for the period before taxes9903€30k€47k▲
Income taxes67/77€9k€13k▲
Profit (loss) for the period9904€21k€34k▲
Profit (loss) for the period to be appropriated9905€21k€34k▲
Appropriation of the result
Profit (loss) to be appropriated9906€283k€295k▲
Profit (loss) brought forward from the previous period14P€261k€261k=
Transfer to equity691/2€21k€34k▲
To other reserves6921€21k€34k▲
The notes to these accounts (8 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 |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €750 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9k | €17k | €32k | €34k | €34k | = |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | €-5k | - | - | - | - |
| Other operating charges640/8 | €7k | €3k | €7k | €5k | €4k | ▼ 16.8% |
| Gross operating margin9900 | €180k | €22k | €50k | €92k | €92k | ▲ 0.4% |
| Operating profit (loss)9901 | €164k | €6k | €12k | €52k | €54k | ▲ 2.3% |
| Financial income75/76B | €21 | €348 | €1k | €1k | €1k | ▲ 1.2% |
| Recurring financial income75 | €21 | €348 | €1k | €1k | €1k | ▲ 1.2% |
| Financial charges65/66B | €9k | €6k | €21k | €23k | €7k | ▼ 67.8% |
| Recurring financial charges65 | €9k | €6k | €21k | €23k | €7k | ▼ 67.8% |
| Profit (loss) for the period before taxes9903 | €155k | €435 | €-8k | €30k | €47k | ▲ 56.3% |
| Income taxes67/77 | €47k | €2k | - | €9k | €13k | ▲ 53.3% |
| Profit (loss) for the period9904 | €108k | €-1k | €-8k | €21k | €34k | ▲ 57.5% |
| Profit (loss) for the period to be appropriated9905 | €108k | €-1k | €-8k | €21k | €34k | ▲ 57.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €579k | €1.04M | €920k | €639k | €677k | ▲ 5.9% |
| Fixed assets21/28 | €47k | €402k | €423k | €406k | €372k | ▼ 8.3% |
| Tangible fixed assets22/27 | €47k | €402k | €423k | €406k | €372k | ▼ 8.3% |
| Land and buildings22 | €26k | €388k | €400k | €374k | €349k | ▼ 6.8% |
| Plant, machinery and equipment23 | €585 | €293 | €7k | €8k | €8k | ▲ 9.0% |
| Furniture and vehicles24 | €19k | €13k | €16k | €24k | €15k | ▼ 37.0% |
| Other tangible fixed assets26 | €1k | €941 | €654 | €368 | €81 | ▼ 78.0% |
| Current assets29/58 | €532k | €637k | €496k | €233k | €305k | ▲ 30.6% |
| Stocks and contracts in progress3 | €102k | €388k | €280k | - | - | - |
| Stocks30/36 | €102k | €388k | €280k | - | - | - |
| Amounts receivable within one year40/41 | €46k | €183k | €166k | €166k | €141k | ▼ 14.7% |
| Trade receivables40 | €27k | €46k | €47k | €54k | €34k | ▼ 37.2% |
| Other amounts receivable41 | €19k | €137k | €119k | €112k | €108k | ▼ 3.9% |
| Cash at bank and in hand54/58 | €384k | €64k | €47k | €62k | €161k | ▲ 158% |
| Deferred charges and accrued income490/1 | €100 | €2k | €2k | €5k | €2k | ▼ 55.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €579k | €1.04M | €920k | €639k | €677k | ▲ 5.9% |
| Equity10/15 | €496k | €495k | €486k | €508k | €541k | ▲ 6.6% |
| Contributions10/11 | €100k | €120k | €120k | €120k | €120k | = |
| Reserves13 | €125k | €105k | €105k | €126k | €160k | ▲ 26.6% |
| Non-distributable reserves130/1 | €20k | - | - | - | - | - |
| Reserves not available under the articles1311 | €20k | - | - | - | - | - |
| Distributable reserves133 | €105k | €105k | €105k | €126k | €160k | ▲ 26.6% |
| Profit (loss) carried forward14 | €271k | €270k | €261k | €261k | €261k | = |
| Provisions and deferred taxes16 | €5k | - | - | - | - | - |
| Provisions for liabilities and charges160/5 | €5k | - | - | - | - | - |
| Other liabilities and charges164/5 | €5k | - | - | - | - | - |
| Amounts payable17/49 | €78k | €545k | €433k | €131k | €135k | ▲ 3.1% |
| Amounts payable after more than one year17 | €6k | €104k | €108k | €99k | €88k | ▼ 11.2% |
| Financial debts170/4 | €6k | €104k | €90k | €79k | €68k | ▼ 14.0% |
| Other amounts payable178/9 | - | - | €18k | €20k | €20k | = |
| Amounts payable within one year42/48 | €72k | €441k | €325k | €32k | €48k | ▲ 50.5% |
| Current portion of amounts payable after more than one year42 | €8k | €13k | €10k | €11k | €11k | ▲ 3.5% |
| Financial debts43 | - | €367k | €274k | - | - | - |
| Credit institutions430/8 | - | €367k | €274k | - | - | - |
| Trade debts44 | €47k | €40k | €34k | €7k | €5k | ▼ 30.2% |
| Suppliers440/4 | €47k | €40k | €34k | €7k | €5k | ▼ 30.2% |
| Taxes, remuneration and social security45 | €17k | €22k | €7k | €7k | €14k | ▲ 104% |
| Taxes450/3 | €17k | €22k | €3k | €4k | €11k | ▲ 185% |
| Remuneration and social security454/9 | - | - | €4k | €3k | €3k | = |
| Other amounts payable47/48 | - | - | - | €7k | €18k | ▲ 149% |
| Accrued charges and deferred income492/3 | - | - | - | €840 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €108k | €-1k | €-8k | €21k | €34k | ▲ 57.5% |
| + Depreciation and write-downs630 | €9k | €17k | €32k | €34k | €34k | = |
| Operating cash flow (approximation) | €117k | €16k | €23k | €56k | €68k | ▲ 22.1% |
| Investment in fixed assets (approximation) | - | €-373k | €-53k | €-17k | €-594 | ▲ 96.5% |
| Change in cash | - | €-320k | €-17k | €15k | €99k | ▲ 546% |
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
07-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €21k
Net result €21k after 2 loss-making years.
31-12
Financial
Liquidity times 5current ratio 7.38
Current ratio from 1.53 to 7.38; short-term debt falls from €325k to €32k.
31-12
Financial
Equity above €500kEq €508k ▲4.4%
Equity rises from €486k to €508k.
07-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-8k
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
25-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
2021
31-12
Financial
Highest result since 2018net €108k ▲186%
Operating result €164k, net result €108k, both a record.
31-12
Financial
Liquidity quadruplescurrent ratio 7.37
Current ratio from 1.99 to 7.37; short-term debt falls from €353k to €72k.
14-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 136 days late
Show earlier events
08-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 220 days late
2020
19-02
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 203 days late
2019
31-12
Financial
Back to profitnet €23k
Net result €23k after one loss-making year.
2018
30-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 61 days late
2017
02-11
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 94 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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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, Ferrières · 1 establishment unit since 2009
Ground area
340 m²
Building footprint
129 m²
Volume, LiDAR
1,102 m³
Parcel 61019B0636/00A000, Wallonia · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Le Houpet 9, 4190 Ferrières
since 20092.178.342.856
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 61019B0636/00A000 | Wallonia | 340 m² | 1 · 129 m² | 10.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 2,143 companies in sector 71209 we hold annual accounts for 1,085. 685 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
Founded26-05-2009
Fiscal year end31-12
Activities, NACEBEL 2025
71209Other technical testing and analysis
68121Development of residential building projects
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.