Age3 yrs
Real estate2 parcels · 4,733 m²
Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of BOWFEN is 2.6% (moderate). The 2024 annual accounts show equity of €23k and a net result of €18k. Its solvency ranks better than 58% of 3354 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 2 annual accounts.
Trust signals
2 signalsMore than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No administrative flags
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone2.6%
Moderate
0%0,5%1,5%4%10%≥25%
Young company
+Multiple establishment units
+Higher-failure-rate sector
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€18k
Working capital€21k+199.1%
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 01-07-2025 with the NBB · fiscal year 2024 · micro
Sector comparison
Fiscal year 2024 · NACE 46, Wholesale trade · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 34.2% | 25.2% | |
| Net result | €18k | €4k | |
| Equity | €23k | €23k | |
| Gross operating margin | €25k | €19k | |
| Total assets | €67k | €105k |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
€25k
+1466.8%
-40% vs sector
€18k
-
-13% vs sector
€19k
+2398.7%
-34% vs sector
€67k
+14.6%
-90% vs sector
€23k
+361.6%
-88% vs sector
€21k
+199.1%
-89% vs sector
€6k
+2462.7%
-20% vs sector
€44k
-17.6%
-91% vs sector
€40k
-10.5%
-88% vs sector
€4k
-53.3%
-98% vs sector
1.54
+32.5%
-22% vs sector
1.54
+32.5%
+49% vs sector
34.2%
+302.7%
+9% vs sector
1.92
-82.1%
-12% vs sector
78.3%
-
far above sector median
26.8%
-
far above sector median
30.28
+1122.0%
+216% vs sector
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €25k |
| Net profit | €18k |
| Cash flow | €19k |
| Staff costs | - |
| Income taxes | €6k |
| Dividends | - |
| Total assets | €67k |
| Equity | €23k |
| Debt | €44k |
| of which ≤ 1y | €40k |
| of which > 1y | €4k |
| Working capital | €21k |
| Employees (FTE) | - |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 1.54 |
| Quick ratio | 1.54 |
| Working capital ratio | 32.1% |
| Solvency | 34.2% |
| Debt / equity | 1.92 |
| Long-term debt ratio | 0.18 |
| Interest coverage | 30.28 |
| Gross margin | - |
| Net margin | - |
| ROA | 26.8% |
| ROE | 78.3% |
| 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 | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €67k |
| Fixed assets | 21/28 | €6k |
| Tangible fixed assets | 22/27 | €3k |
| Financial fixed assets | 28 | €3k |
| Current assets | 29/58 | €61k |
| Amounts receivable within one year | 40/41 | €43k |
| Cash & bank | 54/58 | €18k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €67k |
| Equity | 10/15 | €23k |
| Contributions / capital | 10/11 | €5k |
| Reserves | 13 | €18k |
| Amounts payable | 17/49 | €44k |
| Amounts payable after one year | 17 | €4k |
| Amounts payable within one year | 42/48 | €40k |
| Trade debts payable within one year | 44 | €10k |
| Income statement | ||
| Gross operating margin | 9900 | €25k |
| Operating result | 9901 | €24k |
| Financial income | 75 | €875 |
| Financial charges | 65 | €823 |
| Result before taxes | 9903 | €24k |
| Income taxes | 67/77 | €6k |
| Net result for the period | 9904 | €18k |
| Result to be appropriated | 9905 | €18k |
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan.
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Ratios computed by Checked.
Health barometer
FY 2024 · computed94
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Structure & network
Locations & real estate
Establishment units
2 locationsBOWFEN
since 20232.345.443.172
BOWFEN SHOWROOM
since 20232.351.164.093
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area4,733 m²
Buildings2
Building footprint1,317 m²
Volume (LiDAR)22,785 m³
Tallest building22.4 m · ±6 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23015B0091/00S003 | Flanders | 4,582 m² | 1 · 1,166 m² | 22.4 m · 6 fl. |
| 21652E0444/00W000 | Brussels | 151 m² | 1 · 151 m² | 16.7 m · 3 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgian State Gazette · acts
No structured acts for this company yet
That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source and are complete.
Analysis
Snowflake analysis
financial profile on 5 axes86
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
94
Profitability
100
Solvency
65
Growth
78
Stability
94
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Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector, ranked by comparable sizeCompany registry
Company registry (CBE)
Crossroads BankActivities
Handelsbemiddeling in hout en bouwmaterialen46130Handelsbemiddeling in de groothandel in hout en bouwmaterialen46130Algemene bouw van residentiële gebouwen41001Algemene bouw van residentiële gebouwen41201Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Schrijnwerk43320Schrijnwerk43320Overige gespecialiseerde bouwactiviteiten, neg43990Restaureren van bouwwerken43995Detailhandel in huismeubilair47551Detailhandel in huismeubilair in gespecialiseerde winkels47591
Primary activity highlighted.
Names & trade names
| Legal nameNL | BOWFEN |
Registered office
Pegasuslaan 5
1831 Machelen (Brab.), Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.