Nowae
ActiveThe computed 12-month bankruptcy probability of Nowae is 2.0% (moderate). The 2025 annual accounts show equity of €43k and a net result of €-16k. Equity is growing by ~37% per year across the filed fiscal years. Its solvency ranks better than 65% of 13240 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
46
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability11▼-66
Solvency73▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.5k at 30 days acceptable
Liquidity ample (current ratio 1.6 against 2.07 in 2024; short-term debt: 52.5% and cash: 10% of total assets), but 52.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+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 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
47.5%
Return on assets
-17.9%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 8 filingsDeviation from the deadline
2025
31 d late
2024
29 d late
2023
61 d late
2022
31 d late
2021
31 d late
2020
31 d late
2019
28 d late
← before the deadline
after the deadline →
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 monthsPosition in the running window
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€43k▼ 27.4%
2024 · €59k
2018: €-16k
2019: €-767
2020: €14k
2021: €23k
2022: €42k
2023: €50k
2024: €59k
2018 → 2025
Total assets
€90k▼ 31.7%
2024 · €132k
2018: €36k
2019: €27k
2020: €57k
2021: €107k
2022: €123k
2023: €120k
2024: €132k
2018 → 2025
Net result
€-16k
2024 · €8k
2018: €-22k
2019: €15k
2020: €15k
2021: €9k
2022: €19k
2023: €8k
2024: €8k
2018 → 2025
Working capital
€28k▼ 44.8%
2024 · €52k
2018: €-14k
2019: €-5k
2020: €15k
2021: €1k
2022: €-5k
2023: €24k
2024: €52k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€23k-€42k▲ 84.3%€50k▲ 20.1%€59k▲ 16.7%€43k▼ 27.4%
Operating result€19k-€32k▲ 66.8%€17k▼ 46.2%€17k▼ 1.1%€-11k
Net result€9k-€19k▲ 122%€8k▼ 56.1%€8k▲ 0.2%€-16k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €11k after €17k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €90k
Fixed assets
€14k▼ 55.2%
Current assets
€76k▼ 24.1%
Equity and liabilities €90k
Equity
€43k▼ 27.4%
Debt
€47k▼ 35.2%
The debt ratio falls from 55.3% to 52.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€6k▼
2024 · €36k
Cash flow
€2k▼
2024 · €27k
Solvency
47.5%▲
2024 · 44.7%
Current ratio
1.60▼
2024 · 2.07
Quick ratio
1.49▼
2024 · 1.99
Debt / equity
1.10▼
2024 · 1.24
ROE
-37.7%▼
2024 · 14.3%
ROA
-17.9%▼
2024 · 6.4%
Interest coverage
1.30▼
2024 · 7.36
Debt
€47k▼
2024 · €73k
Debt ≤ 1 year
€47k▼
2024 · €48k
Income taxes
€126▼
2024 · €4k
Staff costs
€20k▼
2024 · €25k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€132k€90k▼
Fixed assets21/28€32k€14k▼
Tangible fixed assets22/27€32k€14k▼
Plant, machinery and equipment23€15k€5k▼
Furniture and vehicles24€3k€2k▼
Other tangible fixed assets26€14k€8k▼
Current assets29/58€100k€76k▼
Stocks and contracts in progress3€4k€5k▲
Stocks30/36€4k€5k▲
Amounts receivable within one year40/41€68k€59k▼
Trade receivables40€23k€15k▼
Other amounts receivable41€46k€44k▼
Cash at bank and in hand54/58€11k€9k▼
Deferred charges and accrued income490/1€16k€2k▼
Equity and liabilities
Total equity and liabilities10/49€132k€90k▼
Equity10/15€59k€43k▼
Contributions10/11€6k€6k=
Reserves13€53k€53k=
Distributable reserves133€53k€53k=
Profit (loss) carried forward14-€-16k
Amounts payable17/49€73k€47k▼
Amounts payable within one year42/48€48k€47k▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€27k€31k▲
Suppliers440/4€27k€31k▲
Advances received on contracts in progress46€5k€6k▲
Taxes, remuneration and social security45€13k€7k▼
Taxes450/3€12k€6k▼
Remuneration and social security454/9€1k€1k▼
Other amounts payable47/48€3k€4k▲
Accrued charges and deferred income492/3€25k€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€25k€20k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€19k€18k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€21k
Other operating charges640/8€4k€2k▼
Gross operating margin9900€65k€50k▼
Operating profit (loss)9901€17k€-11k▼
Financial income75/76B€276€228▼
Recurring financial income75€276€228▼
Financial charges65/66B€5k€5k▲
Recurring financial charges65€5k€5k▲
Profit (loss) for the period before taxes9903€13k€-16k▼
Income taxes67/77€4k€126▼
Profit (loss) for the period9904€8k€-16k▼
Profit (loss) for the period to be appropriated9905€8k€-16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€8k€-16k▼
Transfer to equity691/2€8k€0▼
To other reserves6921€8k€0▼
The notes to these accounts (6 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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €19k ▲122%
Operating result €32k, net result €19k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-12
Financial
Back to profitnet €15k
Net result €15k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2018
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
15-06-2018
Resigned as Manager
Location & real-estate footprint
Registered office, Deinze · 1 establishment unit since 2017
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.
Kouterlosstraat 1259800 DeinzeGround area
240 m²
Building footprint
177 m²
Volume, LiDAR
1,120 m³
Parcel 44054A0522/00V000, Flanders · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
CLUBHUIS KDTC
since 20172.264.871.806
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44054A0522/00V000 | Flanders | 240 m² | 1 · 177 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
1 siteDeinze2.264.871.806
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Of 14,023 companies in sector 56301 we hold annual accounts for 4,893. 4,097 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-05-2017
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
56301Cafés and bars
56220Contract catering and other food service activities
56290Food and beverage service activities
68204Real estate activities
93110Operation of sports facilities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.