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LOWLAND ELECTRONICS

Active
Private limited companyfounded 1990active for 36 yearsLangekoestalstraat 2, 8432 Middelkerke, BelgiumKBO/BCE: BE 0439.907.668
Summary

LOWLAND ELECTRONICS has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €108,484 and a net result of €35,019. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 85% of 376 sector peers (NACE 46, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

Source: KBO
Status
Active since 05-02-1990 Normal situation
Activity
Wholesale of electrical household appliances and audio-video equipment NACE 46431and 4 others
Establishment unit
2.047.354.650 8432 Middelkerke, since 07-03-1990
Financial year end
31 March
Peppol
Reachable

Board and ownership

Board
  • STRUYE MarcDirector

Financial position

99 Excellent Checked score 2026
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts to 31-03-2026
Gross margin
€43,906
▲ 44.8%
Turnover
≈ €230,000
estimated
Profit
€35,019
▲ 50.4%
Equity
€108,484
▲ 47.7%
Total assets
€134,177
▲ 42.3%
Filed on 28-08-2026, 64 days before the deadline
Score breakdownlowers riskLiquidity: current ratio 13.78, cash €120,038Equity €108,484 (80.9% of total assets)Founded in 1990Size: total assets €134,177Show the evidence

Checked score

Score 2026
99 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 92% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2025
Strong
Solvency 100=
equity 80.9% of total assets
Liquidity 100=
short-term debt 7.1% · cash 89.5%
Profitability 100=
return on assets 26.1%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.4% (26,899 companies, NACE 46, micro)
Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: < 0.1%● unchanged vs 06-2025 08-2025: < 0.1%● unchanged vs 07-2025 09-2025: < 0.1%● unchanged vs 08-2025 10-2025: < 0.1%● unchanged vs 09-2025highest value 11-2025: < 0.1%● unchanged vs 10-2025 12-2025: < 0.1%● unchanged vs 11-2025 01-2026: < 0.1%● unchanged vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026lowest value 11-2026: < 0.1%● unchanged vs 10-2026lowest value
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 13.78 (28.08 in 2025), above the usual 1.5. Short-term debt is 7.1% and cash 89.5% of total assets. 19.1% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro). It does better than 90% of them on solvency, 98% on liquidity, 95% on profitability and 87% on growth.

The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 13.78, cash €120,038
NBB · annual accounts
lowers risk · Equity €108,484 (80.9% of total assets)
NBB · annual accounts
lowers risk · Founded in 1990
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €134,177
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2024 and did not fall compared with 2025. These amounts do not establish the cause of the change.
NBB · annual accounts 2026
Equity per financial year
1920212223242526
2019 to 2026 · latest year €108,484
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 28-08-2026, 64 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2026
64 days early
2025
25 days early
2024
73 days early
2023
32 days early
2022
109 days early
2021
59 days early
2020
33 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 56 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today. The company usually files around 28 August (4 of the last 5 accounts filed within 39 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-03-2027 year end31-10-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 84% of companies in wholesale tradesector median 45.2% · 376 companies 80.9% View
  • Positive: Filed on time since financial year 2019accounts within the deadline every year 8 years View

Recent changes

  1. · Gazette deed Incorporation
All 17 events

Comparable companies

These companies have the same main activity as LOWLAND ELECTRONICS: wholesale of electrical household appliances and audio-video equipment (NACE 46431). They are comparable in size and age: total assets between €101,000 and €190,000, founded between 1984 and 1993.

CompanyTotal assetsGross margin
LOWLAND ELECTRONICS Middelkerke€134,177€43,906
VAN LANGEVELD Aalter€122,360€53,953
THE LIGHTHOUSE Knokke-Heist€100,549€60,967
ELECTRO EUROPE SPARE PARTS Roosdaal€189,890€40,810
JAMBE Leuven€113,853€32,104
MICROTELECOM Evere€175,029€39,275
ESTILO Kasterlee€160,714€74,084
Full comparison

Key facts about LOWLAND ELECTRONICS

What is the company number of LOWLAND ELECTRONICS?
The company number of LOWLAND ELECTRONICS is 0439.907.668. The VAT number is the same number with BE in front: BE 0439.907.668.
Where is LOWLAND ELECTRONICS based?
The registered office is at Langekoestalstraat 2, 8432 Middelkerke.Company details
What does LOWLAND ELECTRONICS do?
According to the KBO register, the main activity is wholesale of electrical household appliances and audio-video equipment (NACE 46431).
What is the legal form of LOWLAND ELECTRONICS?
The legal form of LOWLAND ELECTRONICS is Private limited company (BV).
When was LOWLAND ELECTRONICS founded?
LOWLAND ELECTRONICS was founded on 05-02-1990.
Is LOWLAND ELECTRONICS still active?
Yes, LOWLAND ELECTRONICS is an active enterprise in the KBO register.
What is the turnover of LOWLAND ELECTRONICS?
The turnover in financial year 2026 is ≈ €230,000. This figure is estimated from the gross margin of €43,906 and 33 comparable companies (NACE 464). It probably lies between €140,000 and €460,000.Financials
Is LOWLAND ELECTRONICS profitable?
In financial year 2026, LOWLAND ELECTRONICS made a profit of €35,019.
Where can I find the annual accounts of LOWLAND ELECTRONICS?
LOWLAND ELECTRONICS filed 36 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of LOWLAND ELECTRONICS due?
LOWLAND ELECTRONICS must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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