Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BOWHOUS from Aalst, company number BE0418625967, closed financial year 2025 with a result of € 32,289 after tax. For that financial year BOWHOUS recorded a gross margin of € 240,109 and equity of € 1.6 million. Compared with financial year 2024, the result moved from € 53,782 to € 32,289. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on May 18, 2026.
€ 1.6 million
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 32,289
▼ 40% vs 2024
Profit after tax over the fiscal year.
€ 12,818
▼ 45% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 226,876.
People and assets in 2025
€ 2,409
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 923,750
▼ 12% vs 2024
€ 199,166 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 7,682
▼ 73% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,048
▼ 48% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 281,094 | € 290,420 | € 256,544 | € 240,109 | ▼ 6% |
| Profit after taxes | € 66,169 | € 83,045 | € 53,782 | € 32,289 | ▼ 40% |
| Equity | € 1,431,760 | € 1,514,805 | € 1,568,587 | € 1,600,876 | ▲ 2% |
| Total debts | € 1,255,201 | € 1,073,398 | € 1,733,813 | € 1,677,277 | ▼ 3% |
| Cash | € 31,395 | € 38,155 | € 23,313 | € 12,818 | ▼ 45% |
| Land & buildings | € 2,574,405 | € 2,456,054 | € 2,670,064 | € 2,613,587 | ▼ 2% |
| Retained profit | € 57,760 | € 140,805 | € 194,587 | € 226,876 | ▲ 17% |
| Bank debt | € 932,223 | € 693,405 | € 1,054,068 | € 923,750 | ▼ 12% |
| Balance sheet total | € 2,686,961 | € 2,588,203 | € 3,302,400 | € 3,278,153 | ▼ 1% |
Key figures of BOWHOUS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to BOWHOUS?
What happened at BOWHOUS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- A House Holding BV stepped down as director. NBB
- Veerle Muylaert stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 32,289 (▼ 40% vs 2024). Source: NBB ↗
- A House Holding BV became a director. NBB
- Veerle Muylaert became a director. NBB
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 66,169 profit in 2022 to € 32,289 profit in 2025.
Paid € 82,562 in corporate taxes since 2022.
Best year ever: 2023, with € 83,045 profit.
Management
The stake of A House Holding comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BOWHOUSThe shares are held by A House Holding (100%). It owns 100% of Altronik and 100% of Limit Electronics itself.
Directors
According to the 2025 annual accounts
since 2021 · until 2027
Veerle Muylaert
Director
Also active at: ALTRONIK, INVEST VERMEIREN, CuZn Dakwerken, A House Holding
since 2017 · until 2027
Shareholders
100%
Participations
100%
100%
Establishments
Establishment units
Physical locations of this company
Albert Liénartstraat 12
9300 Aalst
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0418.625.967
- VAT number
- BE 0418.625.967
- Registered office
- Albert Liénartstraat 12, 9300 Aalst
- Names & denominations
- BOWHOUS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 26 June 1978
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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