Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2023 and 2024.
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Busy address KBO
83 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2024
Bowe Systec from Sint-Gillis (bij-Brussel), company number BE0458430908, closed financial year 2024 with a result of € -454,217 after tax. For that financial year Bowe Systec recorded revenue of € 1.7 million and equity of € 68,893. Compared with financial year 2023, the result moved from € -331,945 to € -454,217. The company made a loss. The buffer shrank hard: equity is 87 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 3, 2025.
€ 68,893
▼ 87% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -454,217
▼ 37 % more loss than in 2023
Profit after tax over the fiscal year.
€ 218,313
▼ 47% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -55,054.
People and assets in 2024
8.8
▼ 0.2 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 902,586
▼ 9% vs 2023
€ 102,600 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.
Debts at end 2024
€ 8
Loans from banks and other lenders, long and short.
€ 239,680
▲ 134% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 95,509
▼ 23% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | € 1,738,516 | € 3,859,463 | € 2,337,323 | € 1,695,097 | ▼ 27% |
| Gross margin | - | - | - | € 506,968 | |
| Profit after taxes | € -100,514 | € -59,572 | € -331,945 | € -454,217 | ▼ € 122,272 |
| Equity | € 914,626 | € 855,055 | € 523,110 | € 68,893 | ▼ 87% |
| Total debts | € 785,770 | € 794,651 | € 338,202 | € 564,471 | ▲ 67% |
| Cash | € 431,886 | € 467,769 | € 415,575 | € 218,313 | ▼ 47% |
| Retained profit | € 790,680 | € 731,108 | € 399,163 | € -55,054 | ▼ € 454,217 |
| Bank debt | € 8 | € 8 | € 8 | € 8 | |
| Balance sheet total | € 1,700,396 | € 1,649,706 | € 861,312 | € 633,363 | ▼ 26% |
| Employees (FTE) | 8.3 | 8 | 9 | 8.8 | ▼ 0.2 |
Key figures of Bowe Systec, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Bowe Systec?
What happened at Bowe Systec in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Harmjan Cuppen stepped down as director. NBB
- Böwe Systec Benelux BV stepped down as director. NBB
- Joachim Koschier stepped down as director. NBB
- New annual accounts for financial year 2024: loss of € 454,217. filed late Source: NBB ↗
- Harmjan Cuppen became a director. NBB
- Böwe Systec Benelux BV became a director. NBB
- Joachim Koschier became a director. NBB
- New establishment in Mechelen. KBO
In short
From € 100,514 loss in 2021 to € 454,217 loss in 2024.
Paid € 6,826 in corporate taxes since 2021.
On average € 57,600 of value added per employee in 2024.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The shares are held by Böwe Systec Benelux.
Directors
According to the 2024 annual accounts
Harmjan Cuppen
Managing director
since 2024 · until 2030
Böwe Systec Benelux BV
Director · represented by Andrés JELIC
since 2022 · until 2028
Joachim Koschier
Director
since 2022 · until 2028
Shareholders
Böwe Systec Benelux
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Marcel Broodthaersplein 8
1060 Sint-Gillis (bij-Brussel)
Schaliënhoevedreef 20 E
2800 Mechelen
Active since 23 July 1996
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 83 companies are registered at this address.
All companies at this address →Thalie
€ 2 million gross margin · 2026
DIENST VOOR TOERISME DER SPOORMANNEN - OFFICE DE TOURISME DES CHEMINOTS
Elbi
€ 1.5 million gross margin · 2026
INTERNATIONAL MEDICAL PRODUCTS
€ 23.8 million revenue · 2025
REICO
€ 3,653 revenue · 2025
+78 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0458.430.908
- VAT number
- BE 0458.430.908
- Registered office
- Marcel Broodthaersplein 8, 1060 Sint-Gillis (bij-Brussel)
- Names & denominations
- Bowe Systec
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 10 July 1996
- Peppol
- Active · Active since 18 Nov 2025
- Activities · NACE
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