Nowar
BankruptcySummary
The KBO register records for Nowar the legal situation: open bankruptcy; this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show equity of €136,823 and a net result of €66,619.
Are you a creditor?
Open bankruptcy
Source: KBO register
The KBO register records a bankruptcy for this company. If it owes you money, you are not paid automatically: you file your claim yourself.
The procedure
The publication of the judgment is not in our data. Court, date and curator are in RegSol: search by the enterprise number.
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.
File a claim in RegSol ↗
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General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-09-2025, 42 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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
42 d late
2023
42 d early
2022
6 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 3 accounts on average 2 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Agents in the wholesale of food, beverages and tobacco sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Turnover
€756,333
EBIT margin
16.2%
Net result
€66,619▲ 216%
2023 · €21,059
Working capital
€193,964▲ 105%
2023 · €94,726
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line202220232024
Turnover€756,333
Operating result€71,925-€36,700▼ 49.0%€122,477▲ 234%
Net result€48,214above the sector's middle half-€21,059within the sector's middle half▼ 56.3%€66,619above the sector's middle half▲ 216%
EBIT margin16.2%
Equity€49,144within the sector's middle half-€70,204within the sector's middle half▲ 42.9%€136,823within the sector's middle half▲ 94.9%
Total assets€433,389above the sector's middle half-€856,056above the sector's middle half▲ 97.5%€1.0mabove the sector's middle half▲ 19.2%
Debt€384,245-€785,853▲ 105%€883,596▲ 12.4%
Working capital€63,510-€94,726▲ 49.2%€193,964▲ 105%
Solvency11.3%within the sector's middle half-8.2%within the sector's middle half▼ 3.1pp13.4%within the sector's middle half▲ 5.2pp
Staff (FTE)1.7-1.9▲ 11.8%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
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 2024; 2024 is 234% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.0m
Fixed assets
€4,276 ▼ 40.4%
Current assets
€1.0m ▲ 19.7%
Equity and liabilities €1.0m
Equity
€136,823 ▲ 94.9%
Debt
€883,596 ▲ 12.4%
Debt's share of the balance-sheet total falls from 91.8% to 86.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€125,378▲
2023 · €39,753
Cash flow
€69,520▲
2023 · €24,112
Current ratio
1.24▲
2023 · 1.13
Quick ratio
0.53▼
2023 · 0.61
Debt to equity
6.46▼
2023 · 11.19
ROE
48.7%▲
2023 · 30.0%
ROA
6.5%▲
2023 · 2.5%
Interest coverage
3.99▲
2023 · 1.53
Debt ≤ 1 year
€822,179▲
2023 · €754,154
Debt > 1 year
€61,417▲
2023 · €31,667
Income taxes
€22,361▲
2023 · -€4,268
Staff costs
€91,125▼
2023 · €93,837
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Turnover70 | - | - | €756,333 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | €542,825 | - |
| Remuneration, social security and pensions62 | €90,118 | €93,837 | €91,125 | ▼ 2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,044 | €3,053 | €2,901 | ▼ 5.0% |
| Other operating charges640/8 | €2,925 | €2,671 | €16,183 | ▲ 506% |
| Gross operating margin9900 | €170,012 | €136,261 | €232,686 | ▲ 70.8% |
| Operating profit (loss)9901 | €71,925 | €36,700 | €122,477 | ▲ 234% |
| Financial income75/76B | €816 | €6,150 | €4 | ▼ 99.9% |
| Recurring financial income75 | €816 | €4,475 | €4 | ▼ 99.9% |
| Non-recurring financial income76B | - | €1,675 | - | - |
| Financial charges65/66B | €9,891 | €26,059 | €33,501 | ▲ 28.6% |
| Recurring financial charges65 | €4,941 | €26,059 | €31,425 | ▲ 20.6% |
| Non-recurring financial charges66B | €4,950 | - | €2,076 | - |
| Profit (loss) for the period before taxes9903 | €62,849 | €16,791 | €88,981 | ▲ 430% |
| Income taxes67/77 | €14,635 | -€4,268 | €22,361 | ▲ 624% |
| Profit (loss) for the period9904 | €48,214 | €21,059 | €66,619 | ▲ 216% |
| Profit (loss) for the period to be appropriated9905 | €48,214 | €21,059 | €66,619 | ▲ 216% |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €433,389 | €856,056 | €1.0m | ▲ 19.2% |
| Fixed assets21/28 | €7,653 | €7,177 | €4,276 | ▼ 40.4% |
| Tangible fixed assets22/27 | €7,153 | €6,677 | €3,776 | ▼ 43.4% |
| Plant, machinery and equipment23 | €1,164 | €2,648 | €1,598 | ▼ 39.6% |
| Furniture and vehicles24 | €5,989 | €4,029 | €2,178 | ▼ 46.0% |
| Financial fixed assets28 | €500 | €500 | €500 | = |
| Current assets29/58 | €425,736 | €848,880 | €1.0m | ▲ 19.7% |
| Stocks and contracts in progress3 | €226,602 | €385,653 | €583,649 | ▲ 51.3% |
| Stocks30/36 | €226,602 | €385,653 | €583,649 | ▲ 51.3% |
| Amounts receivable within one year40/41 | €196,731 | €456,845 | €426,397 | ▼ 6.7% |
| Trade receivables40 | €196,726 | €456,737 | €411,782 | ▼ 9.8% |
| Other amounts receivable41 | €5 | €108 | €14,615 | ▲ 13,431% |
| Cash at bank and in hand54/58 | €1,397 | €2,829 | €2,907 | ▲ 2.7% |
| Deferred charges and accrued income490/1 | €1,006 | €3,553 | €3,190 | ▼ 10.2% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €433,389 | €856,056 | €1.0m | ▲ 19.2% |
| Equity10/15 | €49,144 | €70,204 | €136,823 | ▲ 94.9% |
| Contributions10/11 | €930 | €930 | €930 | = |
| Reserves13 | €48,214 | €69,274 | €69,274 | = |
| Distributable reserves133 | €48,214 | €69,274 | €69,274 | = |
| Profit (loss) carried forward14 | - | - | €66,619 | - |
| Amounts payable17/49 | €384,245 | €785,853 | €883,596 | ▲ 12.4% |
| Amounts payable after more than one year17 | €22,018 | €31,667 | €61,417 | ▲ 93.9% |
| Financial debts170/4 | - | €15,072 | €61,417 | ▲ 307% |
| Other amounts payable178/9 | €22,018 | €16,595 | - | - |
| Amounts payable within one year42/48 | €362,226 | €754,154 | €822,179 | ▲ 9.0% |
| Current portion of amounts payable after more than one year42 | €1,232 | €24,496 | €3,195 | ▼ 87.0% |
| Financial debts43 | €30,578 | €56,621 | €149,669 | ▲ 164% |
| Credit institutions430/8 | €30,578 | €56,621 | - | - |
| Other loans439 | - | - | €149,669 | - |
| Trade debts44 | €287,843 | €639,732 | €613,501 | ▼ 4.1% |
| Suppliers440/4 | €287,843 | €639,732 | €613,501 | ▼ 4.1% |
| Taxes, remuneration and social security45 | €33,175 | €33,305 | €53,492 | ▲ 60.6% |
| Taxes450/3 | €22,028 | €20,296 | €52,643 | ▲ 159% |
| Remuneration and social security454/9 | €11,147 | €13,008 | €849 | ▼ 93.5% |
| Other amounts payable47/48 | €9,398 | - | €2,321 | - |
| Accrued charges and deferred income492/3 | - | €32 | - | - |
| Line | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €48,214 | €21,059 | €66,619 | ▲ 216% |
| + Depreciation and write-downs630 | €5,044 | €3,053 | €2,901 | ▼ 5.0% |
| Operating cash flow (approximation) | €53,259 | €24,112 | €69,520 | ▲ 188% |
| Investment in fixed assets (approximation) | - | -€2,576 | €0 | ▲ 100% |
| Change in cash | - | €1,432 | €78 | ▼ 94.6% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
23-02
KBO administration
Address struck
Bois des Moines 119 L’adresse du siège Bois des Moines 119 4400 Die Sitzadresse Bois des Moines 119 4400
4400 Flémalle werd doorgehaald met ingang Flémalle · event 09-02-2026
2025
11-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 42 days late
2024
31-12
Financial
Highest result since 2022net €66,619 ▲216%
Operating result €122,477, net result €66,619, both a record.
31-12
Financial
Equity above €100,000Eq €136,823 ▲94.9%
3 profitable years in a row build equity to €136,823.
19-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €21,059 ▼56.3%
Net result drops to €21,059, the lowest in the series.
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
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Directors · office · real estate
Directors
8 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, Flémalle · 1 establishment unit since 2021
Ground area
1,038 m²
Building footprint
156 m²
Volume, LiDAR
694 m³
Parcel 62007B0269/00L003, Wallonia · tallest building 5.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
nowar
since 20212.312.830.881
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62007B0269/00L003 | Wallonia | 1,038 m² | 1 · 156 m² | 5.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
2022 to 2025 · 4 entries · 22,155 EUR awarded · 22,155 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,588 EUR | 1,588 EUR |
| 2024 | 1 | 8,876 EUR | 8,876 EUR |
| 2023 | 1 | 9,917 EUR | 9,917 EUR |
| 2022 | 1 | 1,774 EUR | 1,774 EUR |
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Of 1,638 companies in sector 46170 we hold annual accounts for 669. 466 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded26-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
46170Agents in the wholesale of food, beverages and tobacco
41001General construction of residential buildings
42110Construction of roads and motorways
46831Wholesale of construction materials, general range
47279Other retail sale of food
53200Other postal and courier activities
81220Other building cleaning and industrial cleaning
Contact
E-invoicing
Reachable via Peppol
Peppol ID
0208:0762508189
Also
9925:BE0762508189
Registered
31-10-2023
The company is no longer active; its Peppol card can remain until its access point withdraws it.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.