LOWLANDS
ActiveLOWLANDS has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70k and a net result of €-31k. Equity is shrinking by ~21.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 21% of 3098 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0=
Solvency3▼-2
Growth32=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days only on tighter terms
Liquidity short (current ratio 0.18 against 0.14 in 2024), and 95.1% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 01
Relative position
BE, all sectors
reference
Sector 01
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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€31k
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 21% of 3098 sector peers (2025).
NBB · sector comparisonPosition among 3098 sector peers
Solvency
better than 21%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
21 d late
2023
84 d late
2022
12 d early
2021
60 d late
2020
60 d late
2019
51 d early
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€70k▼ 30.7%
2024 · €101k
2018: €373k
2019: €277k
2020: €188k
2021: €151k
2022: €164k
2023: €139k
2024: €101k
2018 → 2025
Total assets
€1.44M▼ 0.1%
2024 · €1.44M
2018: €1.32M
2019: €1.60M
2020: €1.39M
2021: €1.41M
2022: €1.48M
2023: €1.46M
2024: €1.44M
2018 → 2025
Net result
€-31k▲ 17.5%
2024 · €-38k
2018: €-29k
2019: €-97k
2020: €-88k
2021: €-37k
2022: €12k
2023: €-25k
2024: €-38k
2018 → 2025
Working capital
€-1.11M▲ 2.5%
2024 · €-1.13M
2018: €-527k
2019: €-1.15M
2020: €-1.18M
2021: €-1.24M
2022: €-1.17M
2023: €-1.15M
2024: €-1.13M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€151k-€164k▲ 8.2%€139k▼ 15.1%€101k▼ 27.1%€70k▼ 30.7%
Operating result€-37k-€14k€-24k€-37k▼ 53.4%€-31k▲ 17.6%
Net result€-37k-€12k€-25k€-38k▼ 52.5%€-31k▲ 17.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €31k in 2025 against €37k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.44M
Fixed assets
€1.20M▼ 4.7%
Current assets
€237k▲ 32.3%
Equity and liabilities €1.44M
Equity
€70k▼ 30.7%
Debt
€1.37M▲ 2.2%
The debt ratio rises from 93.0% to 95.1%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€28k▲
2024 · €22k
Cash flow
€28k▲
2024 · €21k
Solvency
4.9%▼
2024 · 7.0%
Current ratio
0.18▲
2024 · 0.14
Quick ratio
0.18▲
2024 · 0.14
Debt / equity
19.46▲
2024 · 13.20
ROE
-44.3%▼
2024 · -37.2%
ROA
-2.2%▲
2024 · -2.6%
Interest coverage
133.67▲
2024 · 89.54
Debt
€1.37M▲
2024 · €1.34M
Debt ≤ 1 year
€1.34M▲
2024 · €1.31M
Debt > 1 year
€25k=
2024 · €25k
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€1.44M€1.44M▼
Fixed assets21/28€1.26M€1.20M▼
Tangible fixed assets22/27€1.26M€1.20M▼
Land and buildings22€1.26M€1.20M▼
Plant, machinery and equipment23€3k€601▼
Financial fixed assets28€363€363=
Current assets29/58€179k€237k▲
Amounts receivable within one year40/41€177k€228k▲
Trade receivables40€54k€131k▲
Other amounts receivable41€123k€97k▼
Cash at bank and in hand54/58€1k€9k▲
Equity and liabilities
Total equity and liabilities10/49€1.44M€1.44M▼
Equity10/15€101k€70k▼
Contributions10/11€504k€504k=
Profit (loss) carried forward14€-403k€-434k▼
Amounts payable17/49€1.34M€1.37M▲
Amounts payable after more than one year17€25k€25k=
Other amounts payable178/9€25k€25k=
Amounts payable within one year42/48€1.31M€1.34M▲
Trade debts44€2k€7k▲
Suppliers440/4€2k€7k▲
Taxes, remuneration and social security45€0€9k▲
Taxes450/3€0€9k▲
Other amounts payable47/48€1.31M€1.33M▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59k€59k▼
Other operating charges640/8€7k€7k▲
Gross operating margin9900€29k€35k▲
Operating profit (loss)9901€-37k€-31k▲
Financial charges65/66B€241€210▼
Recurring financial charges65€241€210▼
Profit (loss) for the period before taxes9903€-38k€-31k▲
Profit (loss) for the period9904€-38k€-31k▲
Profit (loss) for the period to be appropriated9905€-38k€-31k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-403k€-434k▼
Profit (loss) brought forward from the previous period14P€-365k€-403k▼
The notes to these accounts (10 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
21-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 21 days late
2024
23-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 84 days late
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €12k
Net result €12k after 4 loss-making years.
29-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 60 days late
2021
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 60 days late
2020
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-97k
Net result drops to €-97k, the lowest in the series; recovery starts the following year.
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Kinrooi · 1 establishment unit since 1999
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.
Bosweg(Kes) 23640 KinrooiGround area
2.6 ha
Building footprint
1,945 m²
Volume, LiDAR
2,094 m³
2 parcels, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
LOWLANDS
since 19992.070.766.094
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72026B0014/00T000 | Flanders | 2.5 ha | 1 · 1,659 m² | 5.4 m |
| 71542D0774/00D000 | Flanders | 1,881 m² | 1 · 286 m² | 8.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
AFRICHTINGSSTAL KOBE CAEMAERT
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KVH GOATS
BE 0640.946.009
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TEN WALLE
BE 0442.147.576
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POLLE
BE 0838.284.094
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LINALUX EQUINS
BE 0888.440.519
Mettet · Eq €63k
Of 798 companies in sector 01450 we hold annual accounts for 113. 79 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-03-1995
Fiscal year end31-12
Activities, NACEBEL
01220
01450Raising of sheep and goats
28300Manufacture of machinery and equipment not elsewhere classified
29321
46231Wholesale of live animals
51230
Sources
Crossroads Bank for EnterprisesNational Bank · 30 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.