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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Figures corrected NBB
Corrected annual account filed for 2024.
Financials
Financial year 2025
BOWDY & BRAVE from Willebroek, company number BE0440914686, closed financial year 2025 with a result of € -237,215 after tax. For that financial year BOWDY & BRAVE recorded a gross margin of € 178,286 and equity of € 1.4 million. Compared with financial year 2024, the result moved from € -276,729 to € -237,215. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 17, 2026.
€ 1.4 million
▼ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -237,215
▲ 14 % less loss than in 2024
Profit after tax over the fiscal year.
€ 339,713
▼ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.2 million.
People and assets in 2025
4.8
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 229,897
▲ 1% vs 2024
€ 47,900 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 18,053
▼ 72% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.5 million
▼ 13% vs 2024
€ 219,086 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 705,147
▲ 190% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 52,371
▼ 8% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,182,106 | € -152,704 | € -291,157 | € 178,286 | ▲ € 469,443 |
| Profit after taxes | € 212,337 | € -398,963 | € -276,729 | € -237,215 | ▲ € 39,515 |
| Equity | € 2,302,936 | € 1,903,973 | € 1,627,244 | € 1,390,029 | ▼ 15% |
| Total debts | € 3,701,407 | € 2,800,350 | € 2,681,267 | € 2,923,541 | ▲ 9% |
| Cash | € 7,388 | € 293,267 | € 403,036 | € 339,713 | ▼ 16% |
| Land & buildings | € 638 | € 0 | - | - | |
| Retained profit | € 2,102,936 | € 1,703,973 | € 1,427,244 | € 1,190,029 | ▼ 17% |
| Bank debt | € 1,561,752 | € 1,907,137 | € 1,666,014 | € 1,450,068 | ▼ 13% |
| Balance sheet total | € 6,004,343 | € 4,704,323 | € 4,308,511 | € 4,313,570 | |
| Employees (FTE) | 6.5 | 6.4 | 4.6 | 4.8 | ▲ 0.2 |
Key figures of BOWDY & BRAVE, 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 BOWDY & BRAVE?
What happened at BOWDY & BRAVE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Feryn International NV stepped down as director. NBB
- Jana Hellemans stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 237,215. filed late Source: NBB ↗
- Giovanni Feryn stepped down as director. NBB
- Jana Hellemans became a director. NBB
- New establishment in Willebroek. KBO
- Start of the company according to the CBE. KBO
In short
From € 212,337 profit in 2022 to € 237,215 loss in 2025.
Paid € 23,942 in corporate taxes since 2022.
Best year ever: 2022, with € 212,337 profit.
On average € 37,100 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Giovanni Feryn
Managing director
· until 2025
· until 2031
Jana Hellemans
Managing director
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Westdijk 150
2830 Willebroek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0440.914.686
- VAT number
- BE 0440.914.686
- Registered office
- Westdijk 150, 2830 Willebroek
- Names & denominations
- BOWDY & BRAVE · Bowdy & Brave
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 July 1990
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
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