Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 9 to 7.4.
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Busy address KBO
81 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Bowe Systec from Sint-Gillis (bij-Brussel), company number BE0458430908, closed financial year 2025 with a result of € -240,721 after tax. For that financial year Bowe Systec recorded revenue of € 1.7 million and equity of € -171,829. Compared with financial year 2024, the result moved from € -454,217 to € -240,721. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on October 13, 2026.
€ -171,829
▼ € 240,722 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -240,721
▲ 47 % less loss than in 2024
Profit after tax over the fiscal year.
€ 154,905
▼ 29% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -295,776.
People and assets in 2025
7.4
▼ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 891,153
▼ 1% vs 2024
€ 120,400 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 2025
None
No bank loans on the last day of the fiscal year.
€ 105,218
▼ 56% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 97,890
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 3,859,463 | € 2,337,323 | € 1,695,097 | € 1,655,721 | ▼ 2% |
| Gross margin | - | - | € 506,968 | € 668,230 | ▲ 32% |
| Profit after taxes | € -59,572 | € -331,945 | € -454,217 | € -240,721 | ▲ € 213,496 |
| Equity | € 855,055 | € 523,110 | € 68,893 | € -171,829 | ▼ € 240,722 |
| Total debts | € 794,651 | € 338,202 | € 564,471 | € 686,289 | ▲ 22% |
| Cash | € 467,769 | € 415,575 | € 218,313 | € 154,905 | ▼ 29% |
| Retained profit | € 731,108 | € 399,163 | € -55,054 | € -295,776 | ▼ € 240,722 |
| Bank debt | € 8 | € 8 | € 8 | € 0 | ▼ 100% |
| Balance sheet total | € 1,649,706 | € 861,312 | € 633,363 | € 514,460 | ▼ 19% |
| Employees (FTE) | 8 | 9 | 8.8 | 7.4 | ▼ 1.4 |
Key figures of Bowe Systec, 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 Bowe Systec?
What happened at Bowe Systec in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Loïc René Busnel 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 2025: loss of € 240,722. filed late Source: NBB ↗
- Loïc René Busnel 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 € 59,572 loss in 2022 to € 240,722 loss in 2025.
Paid € 6,854 in corporate taxes since 2022.
On average € 90,300 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Böwe Systec Benelux BV
Director · represented by Andrés Jelic
since 2022 · until 2028
Loïc René Busnel
Director
since 2026 · until 2031
Joachim Koschier
Director
since 2022 · until 2028
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 81 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
+76 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
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