Age10 yrs
Real estate1 parcel · 1,513 m²
Summary
Conclusion
the dossier summarised in one paragraphGOW Entreprendre has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €49k and a net result of €20k. The computed 12-month bankruptcy probability is 1.3% (low).
Based on the State Gazette, CBE and 1 annual account.
Filing behaviour
From the deposit records, complete market-wideLatest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-01-2026, 5 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
How we compute the deadline
The year end is derived from 9 filed financial years, each closing on 30-06. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 30-06-2025, that is 31-01-2026.
Deadline per financial year
| Year closed | Due by | Filed | Variance | Reference |
|---|---|---|---|---|
| 30-06-2025 | 31-01-2026 | 26-01-2026 | 5 d early | 2026-00022521 |
| 30-06-2024 | 31-01-2025 | 22-01-2025 | 9 d early | 2025-00009261 |
| 30-06-2023 | 31-01-2024 | 04-01-2024 | 27 d early | 2024-00543146 |
| 30-06-2022 | 31-01-2023 | 30-01-2023 | 1 d early | 2023-00015498 |
| 30-06-2021 | 31-01-2022 | 20-01-2022 | 11 d early | 2022-01300074 |
| 30-06-2020 | 31-01-2021 | 29-01-2021 | 2 d early | 2021-03000394 |
| 30-06-2019 | 31-01-2020 | 31-01-2020 | on the day | 2020-04000044 |
| 30-06-2018 | 31-01-2019 | 31-01-2019 | on the day | 2019-03400504 |
| 30-06-2017 | 31-01-2018 | 21-02-2018 | 21 d late | 2018-05200485 |
Source: the National Bank's deposit records, as we have ingested them. NOTE: our copy has a gap across June to August 2026, missing roughly 220,000 deposits; for July we hold 15,605 of about 137,000 expected. A year whose deadline falls in that window shows as not confirmed, not as not filed. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.
Trust signals
2 signalsEstablished
Founded in 2016, 10 years in business.
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 strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone1.3%
Low
0%0,5%1,5%4%10%≥25%
Higher-failure-rate sector
+Higher-failure-rate region
+
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
TurnoverNot published (micro schema)
EBIT marginNot published (micro schema)
Net result€20k
Working capital€9k
Annual accounts & ratios
Source: NBB · 2025Annual accounts filed on 26-01-2026 with the NBB · fiscal year 2025 · micro
| Fiscal year | 2025 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €41k |
| Net profit | €20k |
| Cash flow | €39k |
| Staff costs | - |
| Income taxes | €51 |
| Dividends | - |
| Total assets | €107k |
| Equity | €49k |
| Debt | €58k |
| of which ≤ 1y | €36k |
| of which > 1y | €21k |
| Working capital | €9k |
| Employees (FTE) | - |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 1.24 |
| Quick ratio | 1.24 |
| Working capital ratio | 8.1% |
| Solvency | 45.9% |
| Debt / equity | 1.18 |
| Long-term debt ratio | 0.43 |
| Interest coverage | 14.83 |
| Gross margin | - |
| Net margin | - |
| ROA | 19.0% |
| ROE | 41.3% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts (23 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €107k |
| Fixed assets | 21/28 | €61k |
| Tangible fixed assets | 22/27 | €61k |
| Financial fixed assets | 28 | €62 |
| Current assets | 29/58 | €45k |
| Amounts receivable within one year | 40/41 | €43k |
| Cash & bank | 54/58 | €634 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €107k |
| Equity | 10/15 | €49k |
| Contributions / capital | 10/11 | €62k |
| Accumulated profits (losses) | 14 | €-14k |
| Amounts payable | 17/49 | €58k |
| Amounts payable after one year | 17 | €21k |
| Amounts payable within one year | 42/48 | €36k |
| Trade debts payable within one year | 44 | €3k |
| Income statement | ||
| Gross operating margin | 9900 | €42k |
| Operating result | 9901 | €22k |
| Financial income | 75 | €930 |
| Financial charges | 65 | €3k |
| Result before taxes | 9903 | €20k |
| Income taxes | 67/77 | €51 |
| Net result for the period | 9904 | €20k |
| Result to be appropriated | 9905 | €20k |
Ratios computed by Checked.
Health barometer
FY 2025 · computed81
/ 100
Excellent
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Structure & network
Locations & real estate
Registered office
from the Crossroads BankCannot 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.
Voie de l' Aite 54190 FerrièresEstablishment units
1 locationAllée des Platanes 16, 4053 Chaudfontaine
since 20162.253.366.715
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area1,513 m²
Buildings1
Building footprint99 m²
Volume (LiDAR)679 m³
Tallest building10.2 m · ±2 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.
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62030A0074/00L003 | Wallonia | 1,513 m² | 1 · 99 m² | 10.2 m · 2 fl. |
Methodology
via establishment units: 1
1 of 1 parcel 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
Belgisch Staatsblad · acts
2 acts Capital history · 1
11-01-2024
Capital change
All acts · 2
updated 2 years ago
2024
11-01-2024 Capital decrease of €77,818.93 to €62,181.07
2023
28-02-2023 Michaël MALHERBE reappointed as managing director
- Michaël MALHERBE, Gedelegeerd bestuurder
Analysis
Financial profile
4 of 5 axes measured85
/ 100
Strong profile, led by profitability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
81
Profitability
100
Solvency
74
Growth
-
Stability
85
Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector and regionBE 0735.498.342 · Faimes
BE 0438.343.691 · Seraing
BE 0455.039.569 · Ans
BE 0654.974.187 · Esneux
BE 0473.601.906 · Eupen
We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. We hold annual accounts for 20 of the 253 companies in this sector.
Company registry
Company registry (CBE)
Crossroads BankActivities
Vervaardiging van verlichtingsapparaten27402Vervaardiging van kantoor- en winkelmeubelen31001Vervaardiging van eetkamer-, zitkamer-, slaapkamer- en badkamermeubelen31004Vervaardiging van andere meubelen, neg31009Vervaardiging van tuin- en terrasmeubelen31092Detailhandel in huismeubilair47551Detailhandel in huismeubilair in gespecialiseerde winkels47591
Primary activity highlighted.
Names & trade names
| Legal nameFR | GOW Entreprendre |
Registered office
Voie de l' Aite 5
4190 Ferrières, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.