Louwyck
ActiveSummary
Louwyck has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.72M and a net result of €524k. Equity is growing by ~7% per year across the filed fiscal years. Its solvency ranks better than 95% of 866 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+5
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500k at 30 days acceptable
Liquidity ample (current ratio 14.63 against 15.85 in 2024; short-term debt: 6.1% and cash: 17.3% of total assets), and 6.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
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
93.8%
Return on assets
7.3%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 23-02-2026, 66 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
66 d early
2024
62 d early
2023
70 d early
2022
66 d early
2021
30 d early
2020
80 d early
2019
42 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 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€524k▲ 120%
2024 · €238k
2018: €64k
2019: €483k
2020: €918k
2021: €1.10M
2022: €498k
2023: €368k
2024: €238k
2018 → 2025
Working capital
€5.95M▲ 8.3%
2024 · €5.49M
2018: €2.27M
2019: €2.41M
2020: €2.99M
2021: €3.38M
2022: €3.92M
2023: €4.86M
2024: €5.49M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€6.19M-€6.02M▼ 2.8%€6.32M▲ 5.1%€6.56M▲ 3.8%€6.72M▲ 2.5%
Operating result€1.37M-€728k▼ 46.9%€519k▼ 28.6%€199k▼ 61.6%€626k▲ 214%
Net result€1.10M-€498k▼ 54.9%€368k▼ 26.1%€238k▼ 35.2%€524k▲ 120%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 214% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.16M
Fixed assets
€775k ▼ 27.5%
Current assets
€6.39M ▲ 9.0%
Equity and liabilities €7.16M
Equity
€6.72M ▲ 2.5%
Debt
€442k ▲ 19.0%
Debt's share of the balance-sheet total rises from 5.4% to 6.2%. Equity and debt are higher.
Key figures and ratios
EBITDA
€1.08M▲
2024 · €771k
Cash flow
€974k▲
2024 · €810k
Current ratio
14.63▼
2024 · 15.85
Debt to equity
0.07▲
2024 · 0.06
ROE
7.8%▲
2024 · 3.6%
ROA
7.3%▲
2024 · 3.4%
Interest coverage
174.24▲
2024 · 144.49
Debt ≤ 1 year
€437k▲
2024 · €370k
Income taxes
€239k▲
2024 · €107k
Staff costs
€1.16M▲
2024 · €1.00M
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 · 56 lines
Balance sheet
Code20242025
Assets
Total assets20/58€6.93M€7.16M▲
Fixed assets21/28€1.07M€775k▼
Tangible fixed assets22/27€1.06M€771k▼
Land and buildings22€410k€475k▲
Plant, machinery and equipment23€65k€59k▼
Furniture and vehicles24€589k€237k▼
Financial fixed assets28€4k€4k=
Current assets29/58€5.86M€6.39M▲
Amounts receivable within one year40/41€690k€718k▲
Trade receivables40€690k€718k▲
Other amounts receivable41€168€0▼
Current investments50/53€4.35M€4.40M▲
Cash at bank and in hand54/58€798k€1.24M▲
Deferred charges and accrued income490/1€24k€34k▲
Equity and liabilities
Total equity and liabilities10/49€6.93M€7.16M▲
Equity10/15€6.56M€6.72M▲
Contributions10/11€19k€19k=
Reserves13€6.54M€6.70M▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€1.52M€1.52M=
Distributable reserves133€5.02M€5.18M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€371k€442k▲
Amounts payable within one year42/48€370k€437k▲
Trade debts44€96k€152k▲
Suppliers440/4€96k€152k▲
Taxes, remuneration and social security45€211k€221k▲
Taxes450/3€76k€89k▲
Remuneration and social security454/9€136k€132k▼
Other amounts payable47/48€63k€64k▲
Accrued charges and deferred income492/3€1k€5k▲
Income statement
Code20242025
Non-recurring operating income76A€2k€2k▼
Remuneration, social security and pensions62€1.00M€1.16M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€572k€450k▼
Other operating charges640/8€243k€307k▲
Non-recurring operating charges66A€3k€4k▲
Gross operating margin9900€2.02M€2.55M▲
Operating profit (loss)9901€199k€626k▲
Financial income75/76B€151k€143k▼
Recurring financial income75€151k€143k▼
Financial charges65/66B€5k€6k▲
Recurring financial charges65€5k€6k▲
Profit (loss) for the period before taxes9903€345k€763k▲
Transfer from deferred taxes780€0-
Income taxes67/77€107k€239k▲
Profit (loss) for the period9904€238k€524k▲
Transfer from tax-exempt reserves789€0-
Profit (loss) for the period to be appropriated9905€238k€524k▲
Appropriation of the result
Profit (loss) to be appropriated9906€238k€524k▲
Transfer from equity791/2€0€362k▲
Transfer to equity691/2€238k€524k▲
To other reserves6921€238k€524k▲
Profit to be distributed694/7€0€362k▲
Return on contributions (dividend)694€0€362k▲
Social balance
Average headcount (FTE)908716.718.8▲
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
23-02
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
27-02
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
20-02
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
30-09
Financial
Liquidity triplescurrent ratio 14.86
Current ratio from 4.60 to 14.86; short-term debt falls from €1.09M to €350k.
23-02
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-03
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
30-09
Financial
Highest result since 2018net €1.10M ▲20.1%
Operating result €1.37M, net result €1.10M, both a record.
09-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-09
Financial
Equity above €5MEq €5.09M ▲22%
3 profitable years in a row build equity to €5.09M.
19-03
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
04-03
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
03-04
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
25-04
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.
Directors · office · real estate
Directors
1 act for this company is 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, Comines-Warneton · 2 establishment units since 1981
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.
Langemarkweg(KOM) 47780 Comines-WarnetonGround area
6.8 ha
Building footprint
2.0 ha
Volume, LiDAR
179,826 m³
2 parcels, Flanders, Wallonia · tallest building 10.8 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Langemarkweg(KOM) 4, 7780 Comines-Warneton
since 19812.018.581.579
Louwyck
since 20262.385.795.073
2 parcels
Flanders
1
(50%)
Wallonia
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33029B0410/00M000 | Flanders | 5.8 ha | 1 · 2.0 ha | 10.8 m · 3 fl. |
| 54002C1056/00R000 | Wallonia | 1.0 ha | 1 · 533 m² | - |
Linked by address, not proof of ownership
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.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesWervik2.385.795.073
Comines-Warneton/Komen-Waasten2.018.581.579
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Of 12,604 companies in sector 49410 we hold annual accounts for 8,202. 1,428 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-12-1980
Fiscal year end30-09
Activities, NACEBEL 2025
49410Freight transport by road
47621Retail sale of newspapers and periodicals
52100Warehousing and storage
Sources
Crossroads Bank for EnterprisesNational Bank · 44 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesPhone:056/554046
Fax:056/554427