LOWA
ActiveLOWA has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €175k and a net result of €28k. Equity remains stable across the filed fiscal years (±1.2% per year). Its solvency ranks better than 54% of 14056 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
71
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability75▲+5
Solvency59▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity tight (current ratio 1.27 against 1.16 in 2024; short-term debt: 45.5% and cash: 1% of total assets), and 65.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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 68
Relative position
BE, all sectors
reference
Sector 68
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
34.1%
Return on assets
5.4%
Age of the figures
12 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €175k
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 25-04-2026, 5 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
5 d early
2024
1 d early
2023
4 d late
2022
31 d late
2021
18 d late
2020
259 d late
2019
81 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€60k
EBIT margin
9.1%
Net result
€28k▲ 386%
2024 · €6k
2018: €-17k
2019: €14k
2020: €171
2021: €1k
2022: €5k
2023: €-16k
2024: €6k
2018 → 2025
Working capital
€63k▲ 52.3%
2024 · €41k
2018: €78k
2019: €63k
2020: €43k
2021: €37k
2022: €39k
2023: €23k
2024: €41k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€60k
Equity€164k-€170k▲ 3.2%€154k▼ 9.2%€160k▲ 3.7%€175k▲ 9.5%
Operating result€-2k-€5k€-20k€7k€29k▲ 321%
Net result€1k-€5k▲ 329%€-16k€6k€28k▲ 386%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 321% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €512k
Fixed assets
€216k▼ 7.3%
Current assets
€296k▼ 0.7%
Equity and liabilities €512k
Equity
€175k▲ 9.5%
Provisions
€25k=
Debt
€313k▼ 9.9%
The debt ratio falls from 65.3% to 61.1%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€48k▲
2024 · €37k
Cash flow
€47k▲
2024 · €36k
Solvency
34.1%▲
2024 · 30.0%
Current ratio
1.27▲
2024 · 1.16
Quick ratio
1.27▲
2024 · 1.16
Debt / equity
1.79▼
2024 · 2.17
ROE
15.8%▲
2024 · 3.6%
ROA
5.4%▲
2024 · 1.1%
Interest coverage
10.73▲
2024 · 9.98
Debt
€313k▼
2024 · €347k
Debt ≤ 1 year
€233k▼
2024 · €257k
Debt > 1 year
€77k▼
2024 · €85k
Income taxes
€6k▲
2024 · €3k
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€531k€512k▼
Fixed assets21/28€233k€216k▼
Tangible fixed assets22/27€233k€216k▼
Land and buildings22€225k€212k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€5k€2k▼
Financial fixed assets28€6€6=
Current assets29/58€299k€296k▼
Amounts receivable after more than one year29€10k€10k=
Other amounts receivable291€10k€10k=
Amounts receivable within one year40/41€229k€233k▲
Trade receivables40€22k€18k▼
Other amounts receivable41€208k€215k▲
Cash at bank and in hand54/58€5k€5k▼
Deferred charges and accrued income490/1€54k€48k▼
Equity and liabilities
Total equity and liabilities10/49€531k€512k▼
Equity10/15€160k€175k▲
Contributions10/11€19k€19k=
Reserves13€148k€156k▲
Distributable reserves133€148k€156k▲
Profit (loss) carried forward14€-7k€1▲
Provisions and deferred taxes16€25k€25k=
Provisions for liabilities and charges160/5€25k€25k=
Pensions and similar obligations160€25k€25k=
Amounts payable17/49€347k€313k▼
Amounts payable after more than one year17€85k€77k▼
Financial debts170/4€85k€77k▼
Amounts payable within one year42/48€257k€233k▼
Current portion of amounts payable after more than one year42€22k€9k▼
Trade debts44€8k€11k▲
Suppliers440/4€8k€11k▲
Advances received on contracts in progress46€6k€0▼
Taxes, remuneration and social security45€12k€18k▲
Taxes450/3€9k€16k▲
Remuneration and social security454/9€3k€1k▼
Other amounts payable47/48€210k€196k▼
Accrued charges and deferred income492/3€5k€3k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€19k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0€-49k▼
Other operating charges640/8€2k€58k▲
Gross operating margin9900€39k€57k▲
Operating profit (loss)9901€7k€29k▲
Financial income75/76B€5k€10k▲
Recurring financial income75€5k€10k▲
Financial charges65/66B€4k€4k▲
Recurring financial charges65€4k€4k▲
Profit (loss) for the period before taxes9903€9k€34k▲
Income taxes67/77€3k€6k▲
Profit (loss) for the period9904€6k€28k▲
Profit (loss) for the period to be appropriated9905€6k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€20k▲
Profit (loss) brought forward from the previous period14P€-13k€-7k▲
Transfer from equity791/2€0-
Transfer to equity691/2-€8k
To other reserves6921-€8k
Profit to be distributed694/7-€13k
Directors or managers695-€13k
The notes to these accounts (9 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
2026
25-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Highest result since 2018net €28k ▲386%
Operating result €29k, net result €28k, both a record.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
04-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 4 days late
2023
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
18-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 18 days late
14-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 259 days late
2020
20-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 81 days late
2019
30-09
Financial
Back to profitnet €14k
Net result €14k after one loss-making year.
30-09
Financial
Equity above €150kEq €163k ▲9.4%
Equity rises from €149k to €163k.
30-04
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
05-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 5 days late
2016
26-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 acts for this company are 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, Zedelgem · 1 establishment unit since 2002
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.
Torhoutsesteenweg 248210 ZedelgemGround area
874 m²
Building footprint
246 m²
Volume, LiDAR
1,394 m³
Parcel 31017E0557/00W000, Flanders · tallest building 6.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LOWA
since 20022.092.630.686
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31017E0557/00W000 | Flanders | 874 m² | 1 · 246 m² | 6.3 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.
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PBO
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MASTRA
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Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 5,350 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-09-1999
Fiscal year end30-09
Activities, NACEBEL
68121Development of residential building projects
68122Development of non-residential building projects
64200Holdings
64210Activities of holding companies
68110Buying and selling of own real estate
68201Renting and operating of own or leased residential real estate, excluding social housing
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
70100Activities of head offices
70200Business and other management consultancy
70220Business consulting
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.