Public limited company · founded 2006 · 20 yrs activeKarel Oomsstraat 37, 2018 Antwerpen, BelgiumKBO/BCE: BE 0883.744.927
Summary
Lowtide has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of €203,923. Equity is shrinking by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 38% of 270 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
How financially healthy the company is, how likely a bankruptcy is and how much credit is sensible. Start here to know whether you can do business safely.
Score 2025
Checked score
A figure from 0 to 100 for financial health from the latest annual accounts: the higher, the healthier. Without a figure, the card says why. A low score is a reason to look closely at payment terms and security.
Four sides of financial health side by side. You see at a glance where the company is strong and where it is vulnerable.
Profitability56▲+2
Solvency45▲+3
Growth32▲+3
Track record100
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that this company goes bankrupt within twelve months. A low chance is reassuring; with a higher one, agree shorter payment terms or an advance.
0.2%Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65,000 at 30 days acceptable
Liquidity ample (current ratio 1.85 against 1.36 in 2024; short-term debt: 7.8% and cash: 12.9% of total assets), but 79.6% of the assets are financed with debt.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 58 days before the deadline; the sector median for financial year 2024 is 23 days before the deadline, and 27% of the sector filed late.
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.
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
History
History
The company's story in a few sentences, from the company register, the Belgian State Gazette and the filed annual accounts. Each number opens the document the sentence rests on.
On 19 September 2006, Lowtide was incorporated.1The registered office moved to Dostende in 2008 and to Antwerpen in 2013.23Since 2013 the company has been called Lowtide.4Of the 2 current board members, Charles Libert has served longest, since 2023.5Revenue went from EUR 744,509 in 2018 to EUR 695,553 in 2025.6
Net result drops to €184,640, the lowest in the series; recovery starts the following year.
31-12
FinancialLiquidity quadruplescurrent ratio 1.36
Current ratio from 0.37 to 1.36; short-term debt falls from €1.3m to €581,023.
27-05
NBB filingAnnual accounts filed
fiscal year 2023 · full schema
09-02
State Gazette actStatutes amendment
Share concentration5 facts ▸
General meeting, 29-12-2023
Statutes amendment
Statutes amendment
Statutes amendment
Share concentration, Alle aandelen verenigd in één hand, toeberecht aan de enige aandeelhoudster TINC sedert 20 september 2022, met het oog op toepassing artikel 2:8, §4, WVV
2023
31-12
FinancialHighest result since 2018net €806,730 ▲221%
Net result €806,730, the highest in the series.
13-10
State Gazette actResignation: Flor Van Eeghem (director)
Appointment: Charles Libert (director) · Mandate compensation · Power of attorney6 facts ▸
General meeting, 12-09-2023
Director resignation, Flor Van Eeghem (director)
Director appointment, Charles Libert (director)
Mandate compensation, Charles Libert
Power of attorney, Ece Kose
Power of attorney, Elke bestuurder
19-06
NBB filingAnnual accounts filed
fiscal year 2022 · full schema
12-06
State Gazette actReappointment: BV EY Bedrijfsrevisoren (statutory auditor)
Permanent representative: Ronald Van den Ecker · Power of attorney5 facts ▸
General meeting, 30-04-2023
Auditor reappointment, BV EY Bedrijfsrevisoren
Permanent representative, Ronald Van den Ecker
Power of attorney, Bruno Laforce
Power of attorney, Ece Kose
Show earlier events
2022
23-05
NBB filingAnnual accounts filed
fiscal year 2021 · full schema
27-01
State Gazette actResignation: Arnaud Wilmet (director)
Director appointment, Stéphanie Dobbelaere (director)
2014
10-07
State Gazette actResignations: Luc Desender (director and chair) and Paul Desender (director)
5 facts ▸
General meeting, 30-04-2012
Director resignation, Luc Desender (director and chair)
Director resignation, Paul Desender (director)
Board composition, Stéphane Schockaert (director)
Board composition, Filip Audenaert (director)
2013
23-12
State Gazette actPermanent representative: Marleen Mannekens
2 facts ▸
Board meeting, 06-12-2013
Permanent representative, Marleen Mannekens
17-12
State Gazette actStatutes amendment
Name change6 facts ▸
General meeting, 29-11-2013
Name change, Lowtide
Statutes amendment
Statutes amendment
Statutes amendment
Statutes amendment
11-12
State Gazette actResignations & appointments
Power of attorney2 facts ▸
Board meeting, 25-11-2013
Power of attorney, Inframan NV
19-11
State Gazette actResignation: LDS (afgevaardigd bestuurder)
Registered-office move3 facts ▸
Board meeting, 25-10-2013
Director resignation, LDS (afgevaardigd bestuurder)
Registered-office move, Karel Oomsstraat 37, 2018 Antwerpen
29-10
State Gazette actResignations: LDS, Paul Desender Consulting and Electrawinds
Appointments: Stéphane Schockaert (director) and Filip Audenaert (director) · Mandate compensation8 facts ▸
General meeting, 11-10-2013
Director resignation, LDS (director)
Director resignation, Paul Desender Consulting (director)
Director resignation, Electrawinds (director)
Director appointment, Stéphane Schockaert (director)
Director appointment, Filip Audenaert (director)
Mandate compensation, Stéphane Schockaert
Mandate compensation, Filip Audenaert
2012
28-09
State Gazette actReappointments: Electrawinds NV, LDS and PDS Consulting
Permanent representatives: Luc Desender and Paul Desender · Mandate compensation10 facts ▸
General meeting, 30-04-2012
Director reappointment, Electrawinds NV (director)
Director reappointment, LDS (director)
Director reappointment, PDS Consulting (director)
Permanent representative, Luc Desender
Permanent representative, Luc Desender
Permanent representative, Paul Desender
Mandate compensation, Electrawinds NV
Mandate compensation, LDS
Mandate compensation, PDS Consulting
2011
31-08
State Gazette actReappointment: Grant Thornton, Lippens & Rabaey BV CVBA (statutory auditor)
Permanent representative: Luc Desender3 facts ▸
General meeting, 02-05-2011
Auditor reappointment, Grant Thornton, Lippens & Rabaey BV CVBA
Permanent representative, Luc Desender
2008
08-09
State Gazette actRegistered office
Registered-office move2 facts ▸
Board meeting, 15-07-2008
Registered-office move, John Cordierlaan 9, 8400 Dostende (Zandvoorde)
09-05
State Gazette actStatutes amendment
2 facts ▸
General meeting, 22-04-2008
Statutes amendment
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
23 of 23 acts read
Directors · office · real estate
Directors and office
Who runs the company and where it is based. It tells you who you are talking to and whether the address checks out.
Directors
Directors
Who runs the company today and since when, grouped the way the CBE groups its function holders. Many recent board changes are a reason to keep a close eye.
Director · since 09-12-2016 · Public limited company · perm. rep.: Stéphanie Dobbelaere
Not recently confirmed
Permanent representatives 2
DL
Luc Desender
Permanent representative · since 30-04-2012 · for ELECTRAWINDS
Not recently confirmed
DS
Stéphanie Dobbelaere
Permanent representative · since 09-12-2016 · for TINC
Not recently confirmed
Statutory auditor 2
SE
EY Assurance Services
Statutory auditor · since 30-04-2020 · perm. rep.: Marleen Mannekens
Current
EB
EY Bedrijfsrevisoren BV
Auditor · since 30-04-2020 · perm. rep.: Ronald Van den Ecker
Current
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Location & real-estate footprint
Location & real estate
Where the company is based and which parcels are linked to its addresses. An address shared by many companies is often a registered-office service.
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
Mandate history
Who held which function and when, per person: one bar per period, from appointment to resignation or to today. An open left edge means the mandate began before the oldest act we hold.
Who owns the company and which companies it holds shares in, as the companies file it in their annual accounts. It shows which group it belongs to and who ultimately stands behind it.
According to the 2025 annual accounts of Lowtide and those of the other companies, the acts in the Belgian Gazette and the LEI register.
The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
Connections & network
Which other companies are linked to this one through directors or shares. Look especially for linked companies in trouble.
6 connected companies
Depth
Shared directors
This companyCompanyDirectorShareholding+N: links not shown yetClick a node to look further, drag to arrange, scroll to zoom.
Of 814 companies in sector 35110 we hold annual accounts for 631. 432 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Company details
The company's official details: legal form, status, activities and founding date. Useful to draw up an invoice or contract correctly.
Identification
Legal formPublic limited company
Founded19-09-2006
Fiscal year end31-12
Activities, NACEBEL 2025
35110Production of electricity from non-renewable sources
35150Electricity, gas, steam and air conditioning supply