LOWLAND ELECTRONICS
ActiveLOWLAND ELECTRONICS has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €108k and a net result of €35k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 70% of 95 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2026
95
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability100=
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 13.78 against 28.08 in 2025; short-term debt: 7.1% and cash: 89.5% of total assets), and 19.1% 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+raises risk○neutral
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 2026Solvency, return and age of the figures
Solvency
80.9%
Return on assets
26.1%
Age of the figures
6 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 2026Equity per financial year
1920212223242526
2019 to 2026 · latest year €108k
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 filingsDeviation from the deadline
2026
64 d early
2025
25 d early
2024
73 d early
2023
32 d early
2022
109 d early
2021
59 d early
2020
33 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, micro schema
Equity
€108k▲ 47.7%
2025 · €73k
2019: €152k
2020: €136k
2021: €5k
2022: €3k
2023: €2k
2024: €50k
2025: €73k
2019 → 2026
Total assets
€134k▲ 42.3%
2025 · €94k
2019: €166k
2020: €150k
2021: €23k
2022: €15k
2023: €17k
2024: €78k
2025: €94k
2019 → 2026
Net result
€35k▲ 50.4%
2025 · €23k
2019: €-14k
2020: €-16k
2021: €24k
2022: €-3k
2023: €-454
2024: €48k
2025: €23k
2019 → 2026
Working capital
€121k▲ 44.1%
2025 · €84k
2019: €25k
2020: €20k
2021: €19k
2022: €15k
2023: €14k
2024: €62k
2025: €84k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€3k-€2k▼ 16.9%€50k▲ 2,140%€73k▲ 46.4%€108k▲ 47.7%
Operating result€-2k-€-421▲ 82.5%€50k€27k▼ 46.4%€40k▲ 49.5%
Net result€-3k-€-454▲ 82.3%€48k€23k▼ 51.4%€35k▲ 50.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2026; 2026 is 49% above 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €134k
Fixed assets
€4k▼ 47.7%
Current assets
€130k▲ 49.9%
Equity and liabilities €134k
Equity
€108k▲ 47.7%
Debt
€26k▲ 23.3%
The debt ratio falls from 22.1% to 19.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€44k▲
2025 · €30k
Cash flow
€39k▲
2025 · €26k
Solvency
80.9%▲
2025 · 77.9%
Current ratio
13.78▼
2025 · 28.08
Quick ratio
13.40▼
2025 · 26.72
Debt / equity
0.24▼
2025 · 0.28
ROE
32.3%▲
2025 · 31.7%
ROA
26.1%▲
2025 · 24.7%
Interest coverage
35.61▲
2025 · 22.17
Debt
€26k▲
2025 · €21k
Debt ≤ 1 year
€9k▲
2025 · €3k
Debt > 1 year
€15k▼
2025 · €16k
Income taxes
€4k▲
2025 · €2k
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 · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€94k€134k▲
Fixed assets21/28€7k€4k▼
Tangible fixed assets22/27€7k€4k▼
Plant, machinery and equipment23€5k€2k▼
Furniture and vehicles24€3k€1k▼
Financial fixed assets28€50€50=
Current assets29/58€87k€130k▲
Stocks and contracts in progress3€4k€4k▼
Stocks30/36€4k€4k▼
Amounts receivable within one year40/41€15k€6k▼
Trade receivables40€15k€6k▼
Other amounts receivable41€55-
Cash at bank and in hand54/58€68k€120k▲
Deferred charges and accrued income490/1€256€271▲
Equity and liabilities
Total equity and liabilities10/49€94k€134k▲
Equity10/15€73k€108k▲
Contributions10/11€45k€45k=
Reserves13€29k€64k▲
Distributable reserves133€29k€64k▲
Amounts payable17/49€21k€26k▲
Amounts payable after more than one year17€16k€15k▼
Other amounts payable178/9€16k€15k▼
Amounts payable within one year42/48€3k€9k▲
Trade debts44€322€4k▲
Suppliers440/4€322€4k▲
Advances received on contracts in progress46-€300
Taxes, remuneration and social security45€3k€5k▲
Taxes450/3€3k€5k▲
Accrued charges and deferred income492/3€1k€1k▼
Income statement
Code20252026
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€399€406▲
Gross operating margin9900€30k€44k▲
Operating profit (loss)9901€27k€40k▲
Financial income75/76B€203€376▲
Recurring financial income75€203€376▲
Financial charges65/66B€1k€1k▼
Recurring financial charges65€1k€1k▼
Profit (loss) for the period before taxes9903€26k€39k▲
Income taxes67/77€2k€4k▲
Profit (loss) for the period9904€23k€35k▲
Profit (loss) for the period to be appropriated9905€23k€35k▲
Appropriation of the result
Profit (loss) to be appropriated9906€23k€35k▲
Transfer to equity691/2€23k€35k▲
To other reserves6921€23k€35k▲
The notes to these accounts (5 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 2027, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
31-03
Financial
Equity above €100kEq €108k ▲47.7%
3 profitable years in a row build equity to €108k.
2025
06-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Liquidity quadruplescurrent ratio 28.08
Current ratio from 6.85 to 28.08; short-term debt falls from €11k to €3k.
2024
19-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Back to profitnet €48k
Net result €48k after 2 loss-making years.
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
31-03
Financial
Liquidity times 6current ratio 37.18
Current ratio from 5.98 to 37.18; short-term debt falls from €4k to €408.
2021
02-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Back to profitnet €24k
Net result €24k after 2 loss-making years.
2020
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series; recovery starts the following year.
2019
27-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
01-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
15-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Middelkerke · 1 establishment unit since 1990
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.
Langekoestalstraat 28432 MiddelkerkeGround area
1,206 m²
Building footprint
205 m²
Volume, LiDAR
1,022 m³
Parcel 35008C0347/00N000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LOWLAND ELECTRONICS BVBA
since 19902.047.354.650
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35008C0347/00N000 | Flanders | 1,205 m² | 1 · 205 m² | 7.6 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
2024 · 1 entry · 900 EUR awarded · 900 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 900 EUR | 900 EUR |
Schemes
Subsidies bevordering en uitvoering beleid
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Of 977 companies in sector 46431 we hold annual accounts for 706. 491 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-02-1990
Fiscal year end31-03
Activities, NACEBEL
46431Wholesale of electrical household appliances and audio-video equipment
43211General electrical installation work
45310
47540Retail sale of electrical household appliances
52450
52720
62010Computer programming, consultancy and related activities
62100Computer programming
72220
95210Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.