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Generated 08-08-2026
Active BE 0474.962.874Public limited company

SHIPYARD LOWYCK

Nieuwewerfkaai 5 ·8400 Oostende, Belgium· 25 yrs active
Sector: NACE 33150 (33150)
Conclusion Checked

The computed 12-month bankruptcy probability of SHIPYARD LOWYCK is 0.5% (low). The 2024 annual accounts show equity of €278k and a net result of €49k. Equity is growing by ~10.2% per year across the filed fiscal years. Its solvency ranks better than 45% of 656 sector peers (fiscal year 2024). The company has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.
Key figures
Equity €278k
Net result €49k
Staff (FTE) 2.4
Better than sector 45%
Snowflake analysis 5 axes · computed by Checked
Health94Profitability88Solvency76Growth78Stability100
87 / 100

Exceptional profile, strong across almost every axis.

Health 94
Profitability 88
Solvency 76
Growth 78
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.5% Low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector +Long track record −Lower-risk legal form −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Long-established
Founded in 2001, 25 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2024 · computed
94 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 12-06-2025 with the NBB · fiscal year 2024 · micro
€0€20k€40kOperating result 2020: €29k€29kNet result 2020: €50k€50kOperating result 2021: €35k€35kNet result 2021: €15k€15kOperating result 2022: €44k€44kNet result 2022: €26k€26kOperating result 2023: €31k€31kNet result 2023: €11k€11kOperating result 2024: €46k€46kNet result 2024: €49k€49k20202021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~10.2%/year over 7 fiscal years, indicative, assuming unchanged policy.
€100k€150k€200k€250k€300k€350k2025: €277k (€255k - €299k)2026: €297k (€275k - €319k)2027: €316k (€294k - €339k)2018: €140k2019: €160k2020: €177k2021: €193k2022: €219k2023: €229k2024: €278k2018201920202021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 33 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 38.8% 42.7%
better than 45% of 656 sector peers
Net result €49k €14k
better than 82% of 657 sector peers
Equity €278k €39k
better than 95% of 657 sector peers
Gross operating margin €234k €34k
better than 95% of 657 sector peers
Staff costs €117k €18k
higher than 86% of 178 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€109k
+19.1% ≈ vs sector
Net profit
€49k
+355.0% ≈ vs sector
Cash flow
€112k
+58.2% ≈ vs sector
Total assets
€717k
+1.6% -1% vs sector
Equity
€278k
+21.3% ≈ vs sector
Working capital
€154k
-26.0% ≈ vs sector
Employees (FTE)
2
-20.0% -47% vs sector
Staff costs
€117k
-23.1% -70% vs sector
Income taxes
€7k
+21.9% -76% vs sector
Dividends
€0
- 18-24
Debt
€439k
-7.8% ≈ vs sector
Debt ≤ 1y
€220k
-3.2% -22% vs sector
Debt > 1y
€203k
-17.9% ≈ vs sector
Current ratio
1.70
-11.2% ≈ vs sector
Quick ratio
1.65
-11.4% +6% vs sector
Solvency
38.8%
+19.3% +13% vs sector
Debt / equity
1.58
-24.0% -18% vs sector
ROE
17.6%
+275.0% +14% vs sector
ROA
6.8%
+347.6% ≈ vs sector
Interest coverage
4.38
-28.5% ≈ vs sector
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€109k
Net profit€49k
Cash flow€112k
Staff costs€117k
Income taxes€7k
Dividends-
Total assets€717k
Equity€278k
Debt€439k
of which ≤ 1y€220k
of which > 1y€203k
Working capital€154k
Employees (FTE)2.4
Ratios (computed)
2024
Current ratio1.70
Quick ratio1.65
Working capital ratio21.5%
Solvency38.8%
Debt / equity1.58
Long-term debt ratio0.73
Interest coverage4.38
Gross margin-
Net margin-
ROA6.8%
ROE17.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€717k
Fixed assets 21/28€343k
Tangible fixed assets 22/27€208k
Financial fixed assets 28€135k
Current assets 29/58€374k
Stocks & contracts in progress 3€10k
Amounts receivable within one year 40/41€127k
Investments 50/53€187k
Cash & bank 54/58€37k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€717k
Equity 10/15€278k
Contributions / capital 10/11€75k
Reserves 13€203k
Amounts payable 17/49€439k
Amounts payable after one year 17€203k
Amounts payable within one year 42/48€220k
Trade debts payable within one year 44€28k
Income statement
Gross operating margin 9900€234k
Operating result 9901€46k
Financial income 75€35k
Financial charges 65€25k
Result before taxes 9903€56k
Income taxes 67/77€7k
Net result for the period 9904€49k
Result to be appropriated 9905€49k
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Legal Structure
NACE primary 33150
Legal form Public limited company(014)
Incorporation11-06-2001
StatusActive
Postal code8400
Establishment units 1 location
Nieuwewerfkaai 5, 8400 Oostende
de bouw, het onderhoud, de reparatie of de verbouwing van passagiersschepen, veerboten, vrachtschepen, tankers, enz., of delen ervan.
since 20012.098.229.764
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
35382D0653/00B003 Flanders 2,527 m² 1 · 1,744 m² 9.6 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 12 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
09-07-2025
State Gazette act Director changes
12-06-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
2024
05-06-2024
NBB filing Annual accounts filed
fiscal year 2023 · verkort
2023
01-09-2023
NBB filing Annual accounts filed
fiscal year 2022 · verkort
2022
18-07-2022
NBB filing Annual accounts filed
fiscal year 2021 · verkort
29-06-2022
State Gazette act Director changes
2021
30-06-2021
NBB filing Annual accounts filed
fiscal year 2020 · verkort
2020
28-10-2020
NBB filing Annual accounts filed
fiscal year 2019 · verkort
2019
30-08-2019
NBB filing Annual accounts filed
fiscal year 2018 · verkort
2018
18-06-2018
NBB filing Annual accounts filed
fiscal year 2017 · verkort
2017
09-08-2017
NBB filing Annual accounts filed
fiscal year 2016 · verkort
2016
29-08-2016
NBB filing Annual accounts filed
fiscal year 2015 · verkort
Belgisch Staatsblad, acts 2 acts
All acts · 2 updated 1 year ago
2025
09-07-2025 3 directors appointed Director changes
  • Hans Keters, Bestuurder
  • Mieke Sabbe, Bestuurder
  • 4 K's, Gedelegeerd bestuurder
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Hans Keters",
        "address": "Bergenstraat 82, 8691 Beveren-aan-den-Ijzer",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": null,
      "statutory": "statutair",
      "compensated": false,
      "effective_date": "2025-05-24",
      "evidence_quote": "De algemene vergadering beslist als bestuurder te benoemen: 4 K\u0027s, Bergenstraat 82, 8691 Beveren-aan-den-Ijzer. Haar mandaat gaat in op 24/05/2025 en heeft een bepaalde duur en zal dus behoudens herverkiezing eindigen op 23/05/2031.",
      "decharge_status": null,
      "mandate_duration": {
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        "value": "2031"
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      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
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        "rrn": null,
        "name": "Mieke Sabbe",
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      },
      "reason": null,
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      "statutory": "statutair",
      "compensated": false,
      "effective_date": "2025-05-24",
      "evidence_quote": "De algemene vergadering beslist als nieuwe bestuurder te benoemen: Mieke Sabbe. Haar mandaat gaat in op 24/05/2025 en heeft een bepaalde duur en zal dus behoudens herverkiezing eindigen op 23/05/2031.",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "until_agm_year",
        "value": "2031"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    },
    {
      "kind": "delegation_dagelijks_bestuur_in",
      "role": "gedelegeerd_bestuurder",
      "person": {
        "rrn": "0888.841.088",
        "name": "4 K\u0027s",
        "address": "Bergenstraat 82, 8691 Beveren-aan-den-Ijzer",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "regular",
      "via_org": null,
      "statutory": "statutair",
      "compensated": false,
      "effective_date": "2025-05-24",
      "evidence_quote": "Het bestuursorgaan beslist, met ingang van 24/05/2025, 4 K\u0027s, met zetel te Bergenstraat 82, 8691 Beveren-aan-den-ljzer, opgenomen in het rechtspersonenregister met ondernemingsnummer 0888.841.088, met vaste vertegenwoordiger Hans Keters, te (her)benoemen tot gedelegeerd bestuurder: bevoegd tot daden",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "indefinite",
        "value": null
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": "immediate"
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-07-09",
    "filing_date": null,
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2025-05-23",
      "unanimous": true
    },
    {
      "body": "raad_van_bestuur",
      "date": "2025-05-23",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0474.962.874",
    "name_full": "SHIPYARD LOWYCK",
    "legal_form": "NV"
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Mieke Sabbe",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
2022
29-06-2022 3 reappointed Director changes
  • Mieke Sabbe, Bestuurder
  • 4K's BVBA, Bestuurder
  • 4K's bvba, Gedelegeerd bestuurder
Technical details 
{
  "events": [
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Mieke Sabbe",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "renewal",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2019-05-24",
      "evidence_quote": "De vergadering beslist als bestuurder te herbenoemen: Mieke Sabbe. Haar mandaat gaat in op 24/05/2019 en heeft een bepaalde duur en zal dus behoudens herverkiezing eindigen na de jaarvergadering in 2025.",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "until_agm_year",
        "value": "2025"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "4K\u0027s BVBA",
        "address": "Bergenstraat 82, 8691 Beveren-aan-de-ljzer",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "renewal",
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": "2019-05-24",
      "evidence_quote": "De vergadering beslist als bestuurder te herbenoemen: 4K\u0027s BVBA, met maatschappelijke zetel te Bergenstraat 82, 8691 Beveren-aan-de-ljzer. Haar mandaat gaat in op 24/05/2019 en loopt voor 6 jaar om te verstrijken na de jaarvergadering te houden in 2025.",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "n_years",
        "value": "6"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "rep_rotation",
      "role": "vaste_vertegenwoordiger",
      "person": {
        "rrn": null,
        "name": "Hans Keters",
        "address": "Bergenstraat 82, 8691 Beveren-aan-de-ljzer",
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": "renewal",
      "via_org": {
        "kbo": null,
        "name": "4K\u0027s BVBA",
        "address": "Bergenstraat 82, 8691 Beveren-aan-de-ljzer",
        "country": "BE",
        "legal_form": "BVBA"
      },
      "statutory": null,
      "compensated": null,
      "effective_date": "2019-05-24",
      "evidence_quote": "Voor deze vennootschap zal Hans Keters wonende te Bergenstraat 82, 8691 Beveren-aan-de-ljzer optreden als vaste vertegenwoordiger in de zin van artikel 61 \u00A7 2 van het Wetboek van Vennootschappen.",
      "decharge_status": null,
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "director_renew",
      "role": "gedelegeerd_bestuurder",
      "person": {
        "rrn": null,
        "name": "4K\u0027s bvba",
        "address": null,
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      },
      "reason": null,
      "subkind": "renewal",
      "via_org": null,
      "statutory": null,
      "compensated": false,
      "effective_date": null,
      "evidence_quote": "De raad van bestuur beslist om 4K\u0027s bvba, vast vertegenwoordigd door Hans Keters, te herbenoemen als gedelegeerd bestuurder. Het mandaat loop ten einde met de jaarvergadering in 2025. Het mandaat zal onbezoldigd uitgevoerd worden.",
      "decharge_status": null,
      "mandate_duration": {
        "kind": "until_agm_year",
        "value": "2025"
      },
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    },
    {
      "kind": "decharge_granted",
      "role": "gedelegeerd_bestuurder",
      "person": {
        "rrn": null,
        "name": "4K\u0027s bvba",
        "address": null,
        "birth_date": null,
        "profession": null,
        "birth_place": null
      },
      "reason": null,
      "subkind": null,
      "via_org": null,
      "statutory": null,
      "compensated": null,
      "effective_date": null,
      "evidence_quote": "De gedelegeerd bestuurder aanvaardt het mandaat en verklaart dat er geen maatregel bestaat die zich verzet tegen deze aanvaarding.",
      "decharge_status": "granted",
      "mandate_duration": null,
      "rep_rotation_new_rep": null,
      "rep_rotation_old_rep": null,
      "effective_date_qualifier": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2022-06-29",
    "filing_date": "2022-06-22",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decisions": [
    {
      "body": "algemene_vergadering",
      "date": "2019-06-29",
      "unanimous": true
    },
    {
      "body": "raad_van_bestuur",
      "date": "2019-06-29",
      "unanimous": null
    }
  ],
  "is_correction": false,
  "subject_company": {
    "kbo": "0474.962.874",
    "name_full": "SHIPYARD LOWYCK",
    "legal_form": "NV",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "org",
    "org_kbo": null,
    "org_name": "4K\u0027s BV",
    "person_name": null,
    "org_rep_person_name": "Hans Keters",
    "person_role_at_subject": null
  },
  "co_filed_documents": [],
  "corrected_publication_numac": null
}
Credit advice verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Reparatie en onderhoud van schepen33150Reparatie en onderhoud van civiele schepen33150Bouw en reparatie van schepen35110Managementactiviteiten van holdings74151Bouw van schepen en drijvend materieel30110Bouw van civiele schepen en drijvend materieel30110Holdings64200Activiteiten van holdings64210Handel in eigen onroerend goed68100Handel in eigen onroerend goed68110Handel in onroerend goed70120
Primary activity highlighted.
Names & trade names
Legal nameNL SHIPYARD LOWYCK
Registered office
Nieuwewerfkaai 5
8400 Oostende, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative