NOWITEC
ActiveSummary
NOWITEC has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.30M and a net result of €1.02M. Equity is shrinking by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 53% of 4886 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency73▼-9
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity tight (current ratio 1.42 against 1.5 in 2024; short-term debt: 51.5% and cash: 16.3% of total assets), and 51.5% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Six 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 2025Solvency, return and age of the figures
Solvency
48.5%
Return on assets
38.2%
Age of the figures
18 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
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 26-09-2025, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 d early
2024
27 d early
2023
27 d early
2022
33 d early
2021
31 d early
2020
17 d early
2019
7 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1.02M▲ 49.2%
2024 · €685k
2019: €327klowest in 7 years
2020: €519k▲ +58.7% vs 2019
2021: €1.01M▲ +94.8% vs 2020
2022: €664k▼ -34.4% vs 2021
2023: €668k▲ +0.6% vs 2022
2024: €685k▲ +2.6% vs 2023
2025: €1.02M▲ +49.2% vs 2024highest in 7 years
2019 → 2025
Working capital
€574k▲ 20.5%
2024 · €476k
2019: €565k
2020: €416k▼ -26.3% vs 2019lowest in 7 years
2021: €483k▲ +16.1% vs 2020
2022: €492k▲ +2.0% vs 2021
2023: €492k▼ -0.1% vs 2022
2024: €476k▼ -3.2% vs 2023
2025: €574k▲ +20.5% vs 2024highest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.40M-€1.35M▼ 3.5%€1.31M▼ 3.3%€1.28M▼ 2.1%€1.30M▲ 1.5%
2021: €1.40Mhighest in 5 years
2022: €1.35M▼ -3.5% vs 2021
2023: €1.31M▼ -3.3% vs 2022
2024: €1.28M▼ -2.1% vs 2023lowest in 5 years
2025: €1.30M▲ +1.5% vs 2024
Operating result€1.07M-€725k▼ 32.1%€757k▲ 4.4%€709k▼ 6.2%€1.10M▲ 55.4%
2021: €1.07M
2022: €725k▼ -32.1% vs 2021
2023: €757k▲ +4.4% vs 2022
2024: €709k▼ -6.2% vs 2023lowest in 5 years
2025: €1.10M▲ +55.4% vs 2024highest in 5 years
Net result€1.01M-€664k▼ 34.4%€668k▲ 0.6%€685k▲ 2.6%€1.02M▲ 49.2%
2021: €1.01M
2022: €664k▼ -34.4% vs 2021lowest in 5 years
2023: €668k▲ +0.6% vs 2022
2024: €685k▲ +2.6% vs 2023
2025: €1.02M▲ +49.2% vs 2024highest in 5 years
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 55% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.68M
Fixed assets
€724k ▼ 9.8%
Current assets
€1.95M ▲ 37.2%
Equity and liabilities €2.68M
Equity
€1.30M ▲ 1.5%
Debt
€1.38M ▲ 45.6%
Debt's share of the balance-sheet total rises from 42.5% to 51.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.21M▲
2024 · €812k
Cash flow
€1.13M▲
2024 · €787k
Current ratio
1.42▼
2024 · 1.50
Quick ratio
1.07▼
2024 · 1.10
Debt to equity
1.06▲
2024 · 0.74
ROE
78.7%▲
2024 · 53.6%
ROA
38.2%▲
2024 · 30.8%
Interest coverage
58.64▼
2024 · 72.53
Debt ≤ 1 year
€1.38M▲
2024 · €947k
Income taxes
€110k▲
2024 · €89k
Staff costs
€926k▲
2024 · €811k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 54 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.23M€2.68M▲
Fixed assets21/28€803k€724k▼
Tangible fixed assets22/27€792k€713k▼
Land and buildings22€627k€589k▼
Plant, machinery and equipment23€53k€32k▼
Furniture and vehicles24€111k€91k▼
Financial fixed assets28€11k€11k=
Current assets29/58€1.42M€1.95M▲
Stocks and contracts in progress3€378k€480k▲
Stocks30/36€378k€480k▲
Amounts receivable within one year40/41€397k€675k▲
Trade receivables40€385k€675k▲
Other amounts receivable41€12k-
Current investments50/53€345k€345k=
Cash at bank and in hand54/58€287k€437k▲
Deferred charges and accrued income490/1€17k€16k▼
Equity and liabilities
Total equity and liabilities10/49€2.23M€2.68M▲
Equity10/15€1.28M€1.30M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€276k€276k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€270k€270k=
Profit (loss) carried forward14€892k€914k▲
Investment grants15€49k€46k▼
Amounts payable17/49€947k€1.38M▲
Amounts payable within one year42/48€947k€1.38M▲
Trade debts44€129k€193k▲
Suppliers440/4€129k€193k▲
Taxes, remuneration and social security45€119k€186k▲
Taxes450/3€9k€53k▲
Remuneration and social security454/9€110k€134k▲
Other amounts payable47/48€700k€1.00M▲
Income statement
Code20242025
Remuneration, social security and pensions62€811k€926k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€102k€111k▲
Other operating charges640/8€8k€7k▼
Gross operating margin9900€1.63M€2.15M▲
Operating profit (loss)9901€709k€1.10M▲
Financial income75/76B€75k€50k▼
Recurring financial income75€75k€50k▼
Financial charges65/66B€11k€21k▲
Recurring financial charges65€11k€21k▲
Profit (loss) for the period before taxes9903€774k€1.13M▲
Income taxes67/77€89k€110k▲
Profit (loss) for the period9904€685k€1.02M▲
Profit (loss) for the period to be appropriated9905€685k€1.02M▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.59M€1.91M▲
Profit (loss) brought forward from the previous period14P€907k€892k▼
Profit to be distributed694/7€700k€1.00M▲
Return on contributions (dividend)694€300k€300k=
Directors or managers695€400k€700k▲
Social balance
Average headcount (FTE)908713.113.6▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €798k | €786k | €811k | €926k | ▲ 14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €147k | €131k | €108k | €102k | €111k | ▲ 8.1% |
| Other operating charges640/8 | - | €5k | €8k | €8k | €7k | ▼ 7.8% |
| Gross operating margin9900 | €1.96M | €1.66M | €1.66M | €1.63M | €2.15M | ▲ 31.6% |
| Operating profit (loss)9901 | €1.07M | €725k | €757k | €709k | €1.10M | ▲ 55.4% |
| Financial income75/76B | - | €66k | €70k | €75k | €50k | ▼ 34.2% |
| Recurring financial income75 | €69k | €66k | €70k | €75k | €50k | ▼ 34.2% |
| Financial charges65/66B | - | €42k | €62k | €11k | €21k | ▲ 84.9% |
| Recurring financial charges65 | - | €42k | €62k | €11k | €21k | ▲ 84.9% |
| Profit (loss) for the period before taxes9903 | €1.14M | €749k | €764k | €774k | €1.13M | ▲ 46.3% |
| Income taxes67/77 | €125k | €85k | €97k | €89k | €110k | ▲ 24.0% |
| Profit (loss) for the period9904 | €1.01M | €664k | €668k | €685k | €1.02M | ▲ 49.2% |
| Profit (loss) for the period to be appropriated9905 | €1.01M | €664k | €668k | €685k | €1.02M | ▲ 49.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.73M | €2.32M | €2.24M | €2.23M | €2.68M | ▲ 20.3% |
| Fixed assets21/28 | €916k | €858k | €814k | €803k | €724k | ▼ 9.8% |
| Tangible fixed assets22/27 | €879k | €831k | €790k | €792k | €713k | ▼ 9.9% |
| Land and buildings22 | - | €677k | €662k | €627k | €589k | ▼ 6.0% |
| Plant, machinery and equipment23 | - | €58k | €55k | €53k | €32k | ▼ 39.3% |
| Furniture and vehicles24 | - | €97k | €73k | €111k | €91k | ▼ 17.8% |
| Financial fixed assets28 | €38k | €27k | €24k | €11k | €11k | = |
| Current assets29/58 | €1.82M | €1.46M | €1.43M | €1.42M | €1.95M | ▲ 37.2% |
| Stocks and contracts in progress3 | €217k | €266k | €300k | €378k | €480k | ▲ 26.8% |
| Stocks30/36 | - | €266k | €300k | €378k | €480k | ▲ 26.8% |
| Amounts receivable within one year40/41 | €517k | €356k | €317k | €397k | €675k | ▲ 70.1% |
| Trade receivables40 | - | €356k | €229k | €385k | €675k | ▲ 75.2% |
| Other amounts receivable41 | - | - | €88k | €12k | - | - |
| Current investments50/53 | €634k | €655k | €626k | €345k | €345k | = |
| Cash at bank and in hand54/58 | €430k | €163k | €171k | €287k | €437k | ▲ 52.5% |
| Deferred charges and accrued income490/1 | - | €17k | €17k | €17k | €16k | ▼ 3.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.73M | €2.32M | €2.24M | €2.23M | €2.68M | ▲ 20.3% |
| Equity10/15 | €1.40M | €1.35M | €1.31M | €1.28M | €1.30M | ▲ 1.5% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | - | €62k | €62k | €62k | €62k | = |
| Issued capital100 | - | €62k | €62k | €62k | €62k | = |
| Reserves13 | €276k | €276k | €276k | €276k | €276k | = |
| Non-distributable reserves130/1 | - | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | - | €6k | €6k | €6k | €6k | = |
| Distributable reserves133 | - | €270k | €270k | €270k | €270k | = |
| Profit (loss) carried forward14 | €975k | €939k | €907k | €892k | €914k | ▲ 2.4% |
| Investment grants15 | - | €73k | €61k | €49k | €46k | ▼ 6.2% |
| Amounts payable17/49 | €1.33M | €965k | €939k | €947k | €1.38M | ▲ 45.6% |
| Amounts payable within one year42/48 | €1.33M | €965k | €939k | €947k | €1.38M | ▲ 45.6% |
| Trade debts44 | €176k | €141k | €124k | €129k | €193k | ▲ 50.2% |
| Suppliers440/4 | - | €141k | €124k | €129k | €193k | ▲ 50.2% |
| Taxes, remuneration and social security45 | - | €124k | €115k | €119k | €186k | ▲ 56.9% |
| Taxes450/3 | - | €13k | €17k | €9k | €53k | ▲ 482% |
| Remuneration and social security454/9 | - | €111k | €97k | €110k | €134k | ▲ 21.9% |
| Other amounts payable47/48 | - | €700k | €700k | €700k | €1.00M | ▲ 42.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €1.01M | €664k | €668k | €685k | €1.02M | ▲ 49.2% |
| + Depreciation and write-downs630 | €147k | €131k | €108k | €102k | €111k | ▲ 8.1% |
| Operating cash flow (approximation) | €1.16M | €794k | €776k | €787k | €1.13M | ▲ 43.8% |
| Investment in fixed assets (approximation) | - | €-72k | €-65k | €-91k | €-32k | ▲ 64.7% |
| Change in cash | - | €-267k | €8k | €116k | €151k | ▲ 29.8% |
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
Next filing, fiscal year 2026, expected by
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
31-03
Financial
Highest result since 2019net €1.02M ▲49.2%
Operating result €1.10M, net result €1.02M, both a record.
2024
04-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
04-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2020
14-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2019
24-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
08-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
20-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
5 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, Amel · 1 establishment unit since 1997
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.
Heppenbach,Sonnenhang 204770 Amel1 establishment unit
Heppenbach,Sonnenhang 20, 4770 Amel
since 19972.081.245.460
Recognitions · licences · registrations
Recognised contractor
6 categoriesNOWITEC SA42172
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Of 1,246 companies in sector 46643 we hold annual accounts for 954. 684 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded03-03-1997
Fiscal year end31-03
Activities, NACEBEL 2025
46643Wholesale of electrical equipment, including installation materials
01610Support activities for crop production
26110Manufacture of computer, electronic and optical products
27900Manufacture of electrical equipment
Scores and ratios are computed by Checked and are not a credit decision.