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TOWER

Active
Private limited companyfounded 20188 yrs activeLouizalaan 209A, 1050 Brussel, BelgiumKBO/BCE: BE 0692.728.369
Summary

TOWER has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €136,176 and a net result of -€7,780. Equity is growing by ~32.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 12819 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability12▼-88
Solvency100▲+1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9,000 at 30 days acceptable
short-term debt: 0.6% and cash: 10.6% of total assets, and 0.6% of the assets are financed with debt.
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Signals

Four 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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 8 years 0 10 y
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 · 7 filings
Deviation from the deadline
2025
28 d late
2024
18 d late
2023
54 d early
2022
310 d late
2021
61 d late
2020
170 d late
2019
59 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 85 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
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

On 20 March 2018, TOWER was incorporated.1 Total assets went from EUR 35,888 in 2019 to EUR 137,061 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, micro schema

Equity
€136,176▼ 5.4%
2024 · €143,956
Total assets
€137,061▼ 29.2%
2024 · €193,494
Net result
-€7,780
2024 · €90,087
Working capital
€118,900▼ 16.2%
2024 · €141,956
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, 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
Line20212022202320242025
Operating result€5,343▼ 35.2%€5,416▲ 1.4%€121,998▲ 2,153%€120,505▼ 1.2%-€7,572
Net result€4,051below the sector's middle half▼ 31.2%€6,697below the sector's middle half▲ 65.3%€89,232above the sector's middle half▲ 1,232%€90,087above the sector's middle half▲ 1.0%-€7,780below the sector's middle half
Equity€34,822below the sector's middle half▲ 13.2%€53,869within the sector's middle half▲ 54.7%€53,869within the sector's middle half=€143,956within the sector's middle half▲ 167%€136,176within the sector's middle half▼ 5.4%
Total assets€41,199below the sector's middle half▼ 6.3%€57,008below the sector's middle half▲ 38.4%€428,272within the sector's middle half▲ 651%€193,494within the sector's middle half▼ 54.8%€137,061within the sector's middle half▼ 29.2%
Debt€6,376▼ 51.7%€3,139▼ 50.8%€374,403▲ 11,829%€49,538▼ 86.8%€885▼ 98.2%
Working capital€32,822within the sector's middle half▲ 14.1%€51,869within the sector's middle half▲ 58.0%€51,869within the sector's middle half=€141,956within the sector's middle half▲ 174%€118,900within the sector's middle half▼ 16.2%
Solvency84.5%above the sector's middle half▲ 14.6pp94.5%above the sector's middle half▲ 10.0pp12.6%below the sector's middle half▼ 81.9pp74.4%within the sector's middle half▲ 61.8pp99.4%above the sector's middle half▲ 25.0pp
Current ratio6.15above the sector's middle half▲ 2.9717.53above the sector's middle half▲ 11.381.14below the sector's middle half▼ 16.393.87within the sector's middle half▲ 2.73
Return on assets (ROA)9.8%within the sector's middle half▼ 3.6pp11.7%within the sector's middle half▲ 1.9pp20.8%within the sector's middle half▲ 9.1pp46.6%above the sector's middle half▲ 25.7pp-5.7%below the sector's middle half▼ 52.2pp
above within below the middle half (P25 to P75) of NACE 69, Legal and accounting activities, 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
-€50,000€0€50,000€100,000Operating result 2021: €5,343€5,343Net result 2021: €4,051€4,051Operating result 2022: €5,416€5,416Net result 2022: €6,697€6,697Operating result 2023: €121,998€121,998Net result 2023: €89,232€89,232Operating result 2024: €120,505€120,505Net result 2024: €90,087€90,087Operating result 2025: -€7,572-€7,572Net result 2025: -€7,780-€7,78020212022202320242025-€50,000€0€50,000€100,000Operating result 2023: €121,998€122,000Net result 2023: €89,232€89,200Operating result 2024: €120,505€121,000Net result 2024: €90,087€90,100Operating result 2025: -€7,572-€7,570Net result 2025: -€7,780-€7,780202320242025
The operating result turns negative in 2025: a loss of €7,572 after €120,505 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €137,061
Fixed assets €17,276 ▲ 764%
Current assets €119,785 ▼ 37.4%
Equity and liabilities €137,061
Equity €136,176 ▼ 5.4%
Debt €885 ▼ 98.2%
Debt's share of the balance-sheet total falls from 25.6% to 0.6%. Equity and debt are lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€4,398
Cash flow
-€4,605
Debt to equity
0.01▼
2024 · 0.34
ROE
-5.7%▼
2024 · 62.6%
Interest coverage
-21.19
Debt ≤ 1 year
€885▼
2024 · €49,538
A ratio outside any meaningful range has been withheld (balance sheet total €137,061, equity €136,176).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,442 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a small loss
2.1% went bankrupt
7.3% stopped otherwise
90% still going

A further 0.7% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.3% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 3,442 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 36 lines
Balance sheet Code20242025
Assets
Total assets20/58€193,494€137,061▼
Fixed assets21/28€2,000€17,276▲
Tangible fixed assets22/27-€15,276
Furniture and vehicles24-€15,276
Financial fixed assets28€2,000€2,000=
Current assets29/58€191,494€119,785▼
Amounts receivable within one year40/41€105,690€105,283▼
Trade receivables40€99,020€99,020=
Other amounts receivable41€6,670€6,264▼
Cash at bank and in hand54/58€85,805€14,502▼
Equity and liabilities
Total equity and liabilities10/49€193,494€137,061▼
Equity10/15€143,956€136,176▼
Contributions10/11€18,550€18,550=
Reserves13€125,406€117,626▼
Distributable reserves133€125,406€117,626▼
Amounts payable17/49€49,538€885▼
Amounts payable within one year42/48€49,538€885▼
Trade debts44-€408
Suppliers440/4-€408
Taxes, remuneration and social security45€49,064€103▼
Taxes450/3€49,064€103▼
Other amounts payable47/48€474€374▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€3,175
Other operating charges640/8€683€1,906▲
Gross operating margin9900€121,188-€2,492▼
Operating profit (loss)9901€120,505-€7,572▼
Financial charges65/66B€182€208▲
Recurring financial charges65€182€208▲
Profit (loss) for the period before taxes9903€120,323-€7,780▼
Income taxes67/77€30,236-
Profit (loss) for the period9904€90,087-€7,780▼
Profit (loss) for the period to be appropriated9905€90,087-€7,780▼
Appropriation of the result
Profit (loss) to be appropriated9906€90,087-€7,780▼
Transfer from equity791/2-€7,780
Transfer to equity691/2€90,087-
To other reserves6921€90,087-

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630----€3,175-
Other operating charges640/8€695€348€388€683€1,906▲ 179%
Gross operating margin9900€6,038€5,763€122,386€121,188-€2,492▼ 102%
Operating profit (loss)9901€5,343€5,416€121,998€120,505-€7,572▼ 106%
Financial income75/76B€18-----
Recurring financial income75€18-----
Financial charges65/66B€172€186€140€182€208▲ 13.8%
Recurring financial charges65€172€186€140€182€208▲ 13.8%
Profit (loss) for the period before taxes9903€5,189€5,229€121,858€120,323-€7,780▼ 106%
Income taxes67/77€1,138-€1,468€32,626€30,236--
Profit (loss) for the period9904€4,051€6,697€89,232€90,087-€7,780▼ 109%
Profit (loss) for the period to be appropriated9905€4,051€6,697€89,232€90,087-€7,780▼ 109%
Line20212022202320242025Change
Assets
Total assets20/58€41,199€57,008€428,272€193,494€137,061▼ 29.2%
Fixed assets21/28€2,000€2,000€2,000€2,000€17,276▲ 764%
Tangible fixed assets22/27----€15,276-
Furniture and vehicles24----€15,276-
Financial fixed assets28€2,000€2,000€2,000€2,000€2,000=
Current assets29/58€39,199€55,008€426,272€191,494€119,785▼ 37.4%
Amounts receivable within one year40/41-€26,375€377,749€105,690€105,283▼ 0.4%
Trade receivables40-€23,341€377,123€99,020€99,020=
Other amounts receivable41-€3,034€626€6,670€6,264▼ 6.1%
Cash at bank and in hand54/58€39,199€28,633€48,524€85,805€14,502▼ 83.1%
Equity and liabilities
Total equity and liabilities10/49€41,199€57,008€428,272€193,494€137,061▼ 29.2%
Equity10/15€34,822€53,869€53,869€143,956€136,176▼ 5.4%
Contributions10/11€6,200€18,550€18,550€18,550€18,550=
Reserves13€28,622€35,319€35,319€125,406€117,626▼ 6.2%
Distributable reserves133€28,622€35,319€35,319€125,406€117,626▼ 6.2%
Amounts payable17/49€6,376€3,139€374,403€49,538€885▼ 98.2%
Amounts payable within one year42/48€6,376€3,139€374,403€49,538€885▼ 98.2%
Trade debts44-€389€219,919-€408-
Suppliers440/4-€389€219,919-€408-
Taxes, remuneration and social security45€6,152€2,475€64,978€49,064€103▼ 99.8%
Taxes450/3€6,152€2,475€64,978€49,064€103▼ 99.8%
Other amounts payable47/48€224€274€89,506€474€374▼ 21.1%
Line20212022202320242025Change
Profit (loss) for the period9904€4,051€6,697€89,232€90,087-€7,780▼ 109%
+ Depreciation and write-downs630----€3,175-
Operating cash flow (approximation)€4,051€6,697€89,232€90,087-€4,605▼ 105%
Investment in fixed assets (approximation)-€0€0€0-€18,451-
Change in cash--€10,566€19,891€37,281-€71,303▼ 291%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
28-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial Weakest financial yearnet -€7,780
Net result drops to -€7,780, the lowest in the series.
31-12
Financial Liquidity times 35current ratio 135.42
Current ratio from 3.87 to 135.42; short-term debt falls from €49,538 to €885.
18-08
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
31-12
Financial Highest result since 2019net €90,087 ▲1%
Net result €90,087, the highest in the series.
31-12
Financial Liquidity triplescurrent ratio 3.87
Current ratio from 1.14 to 3.87; short-term debt falls from €374,403 to €49,538.
31-12
Financial Equity above €100,000Eq €143,956 ▲167%
6 profitable years in a row build equity to €143,956.
07-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
05-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 310 days late
2022
31-12
Financial Liquidity triplescurrent ratio 17.53
Current ratio from 6.15 to 17.53; short-term debt falls from €6,376 to €3,139.
30-09
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 61 days late
17-01
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 170 days late
2020
28-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Brussel · 1 establishment unit since 2018
seat establishment The establishment unit on the map
Ground area
480 m²
Building footprint
417 m²
Volume, LiDAR
9,711 m³
Parcel 21807G0120/00H005, Brussels · tallest building 29.8 m, ±8 floors. Linked by address, not a title deed.
276 companies at this address See who is registered here
1 establishment unit
TOWER
Louizalaan 209A, 1050 ElseneProperty management for co-owned buildings (syndics)
since 20182.274.382.853
1 parcel
Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21807G0120/00H005 Brussels 480 m² 1 · 417 m² 29.8 m · 8 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.

Structure & network

Owners and holdings

1 owner

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts 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

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 22,076 companies in sector 69101 we hold annual accounts for 9,061. 7,552 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
Founded20-03-2018
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
82990Other business support services
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.