What does LOWAGIE do?

LOWAGIE is a DIY store in Ieper. Private Limited, started on 23 April 2001, 1 establishment.

What is the address of LOWAGIE?

The registered office of LOWAGIE is located at Haiglaan 31, 8900 Ieper.

Is LOWAGIE still active?

Yes. According to the CBE (29 October 2026) LOWAGIE is active, legal situation “Normale toestand”, started on 23 April 2001.

Is LOWAGIE registered on Peppol?

Yes, LOWAGIE is registered on the Peppol network with ID 0208:0474518060.

What is the enterprise number of LOWAGIE?

The enterprise number of LOWAGIE is BE0474518060.

When was LOWAGIE founded?

LOWAGIE was founded on 23 April 2001.

Who are the directors of LOWAGIE?

According to the 2025 annual accounts, the directors of LOWAGIE are: Stefaan LOWAGIE.

Is LOWAGIE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 23 April 2001; 5 annual accounts filed, latest fiscal year 2025; 1 directors known from the annual account.

How much profit did LOWAGIE make in 2025?

LOWAGIE posted a profit after taxes of € 18,364 in financial year 2025.

What is the revenue of LOWAGIE?

As a small company, LOWAGIE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 311,818.

How much does an employee at LOWAGIE earn?

The average wage cost per full-time employee at LOWAGIE was € 36,800 in 2025: staff costs of € 238,930 for 6.5 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does LOWAGIE have?

According to the 2025 annual accounts, LOWAGIE has 6.5 full-time equivalents (FTE).

LOWAGIE (Private Limited) - Ieper - BE0474518060

Dossier LOWAGIE, printed on 29 October 2026 from databakkes.be/en/0474518060/lowagie. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Tight liquidity NBB

Cash and receivables cover 41 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

LOWAGIE from Ieper, company number BE0474518060, closed financial year 2025 with a result of € 18,364 after tax. For that financial year LOWAGIE recorded a gross margin of € 311,818 and equity of € 21,712. Compared with financial year 2024, the result moved from € -25,254 to € 18,364. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.

What it is worth Growing

€ 21,712

▲ € 18,364 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 18,364

▲ still € 25,254 loss in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 77,691

▲ 130% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -28,288.

People and assets in 2025

Full-time equivalents

6.5

▲ 0.6 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 238,930

▲ 14% vs 2024

€ 36,800 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.

Vehicles and equipment

€ 7,185

▼ 25% vs 2024

Of which on lease € 6,060.

Debts at end 2025

Bank debt ≈ 7 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 554,143

▲ 95% vs 2024

€ 60,483 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.

Owed to suppliers

€ 519,159

▲ 59% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 49,496

▲ 9% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 227,544 Gross margin 2022: € 227,544 First fiscal year in the series	€ 224,188 Gross margin 2023: € 224,188 ▼ 1% vs 2022 (€ 227,544) Unfavourable step	€ 208,305 Gross margin 2024: € 208,305 ▼ 7% vs 2023 (€ 224,188) Unfavourable step	€ 311,818 Gross margin 2025: € 311,818 ▲ 50% vs 2024 (€ 208,305) Favourable step	▲ 50%
Profit after taxes	€ 21,334 Profit after taxes 2022: € 21,334 First fiscal year in the series	€ 21,202 Profit after taxes 2023: € 21,202 ▼ 1% vs 2022 (€ 21,334) Unfavourable step	€ -25,254 Profit after taxes 2024: € -25,254 ▼ € 46,456 vs 2023 (€ 21,202) Unfavourable step	€ 18,364 Profit after taxes 2025: € 18,364 ▲ € 43,617 vs 2024 (€ -25,254) Favourable step	▲ € 43,617
Equity	€ 7,400 Equity 2022: € 7,400 First fiscal year in the series	€ 28,602 Equity 2023: € 28,602 ▲ 287% vs 2022 (€ 7,400) Favourable step	€ 3,348 Equity 2024: € 3,348 ▼ 88% vs 2023 (€ 28,602) Unfavourable step	€ 21,712 Equity 2025: € 21,712 ▲ € 18,364 vs 2024 (€ 3,348) Favourable step	▲ € 18,364
Total debts	€ 898,846 Total debts 2022: € 898,846 First fiscal year in the series	€ 877,326 Total debts 2023: € 877,326 ▼ 2% vs 2022 (€ 898,846) Favourable step	€ 947,655 Total debts 2024: € 947,655 ▲ 8% vs 2023 (€ 877,326) Unfavourable step	€ 1,472,365 Total debts 2025: € 1,472,365 ▲ 55% vs 2024 (€ 947,655) Unfavourable step	▲ 55%
Cash	€ 39,211 Cash 2022: € 39,211 First fiscal year in the series	€ 26,765 Cash 2023: € 26,765 ▼ 32% vs 2022 (€ 39,211) Unfavourable step	€ 33,751 Cash 2024: € 33,751 ▲ 26% vs 2023 (€ 26,765) Favourable step	€ 77,691 Cash 2025: € 77,691 ▲ 130% vs 2024 (€ 33,751) Favourable step	▲ 130%
Retained profit	€ -42,600 Retained profit 2022: € -42,600 First fiscal year in the series	€ -21,398 Retained profit 2023: € -21,398 ▲ € 21,202 vs 2022 (€ -42,600) Favourable step	€ -46,652 Retained profit 2024: € -46,652 ▼ € 25,254 vs 2023 (€ -21,398) Unfavourable step	€ -28,288 Retained profit 2025: € -28,288 ▲ € 18,364 vs 2024 (€ -46,652) Favourable step	▲ € 18,364
Bank debt	€ 325,991 Bank debt 2022: € 325,991 First fiscal year in the series	€ 299,820 Bank debt 2023: € 299,820 ▼ 8% vs 2022 (€ 325,991) Favourable step	€ 283,890 Bank debt 2024: € 283,890 ▼ 5% vs 2023 (€ 299,820) Favourable step	€ 554,143 Bank debt 2025: € 554,143 ▲ 95% vs 2024 (€ 283,890) Unfavourable step	▲ 95%
Balance sheet total	€ 906,246 Balance sheet total 2022: € 906,246 First fiscal year in the series	€ 905,927 Balance sheet total 2023: € 905,927 Unchanged (€ 906,246) Unchanged	€ 951,003 Balance sheet total 2024: € 951,003 ▲ 5% vs 2023 (€ 905,927) Unchanged	€ 1,494,077 Balance sheet total 2025: € 1,494,077 ▲ 57% vs 2024 (€ 951,003) Unchanged	▲ 57%
Employees (FTE)	7 Employees (FTE) 2022: 7 First fiscal year in the series	6.6 Employees (FTE) 2023: 6.6 ▼ 0.4 vs 2022 (7) Unchanged	5.9 Employees (FTE) 2024: 5.9 ▼ 0.7 vs 2023 (6.6) Unchanged	6.5 Employees (FTE) 2025: 6.5 ▲ 0.6 vs 2024 (5.9) Unchanged	▲ 0.6

Key figures of LOWAGIE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.

What happened to LOWAGIE?

What happened at LOWAGIE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Apr 30, 2026 New annual accounts for financial year 2025: profit of € 18,364. Source: NBB ↗
May 29, 2001 New establishment in Ieper. KBO
Apr 23, 2001 Start of the company according to the CBE. KBO

In short

From € 21,334 profit in 2022 to € 18,364 profit in 2025.

Paid € 525 in corporate taxes since 2022.

Best year ever: 2022, with € 21,334 profit.

On average € 48,000 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Stefaan LOWAGIE

LOWAGIE

Behind LOWAGIE is Stefaan LOWAGIE.

Directors

According to the 2025 annual accounts

Stefaan LOWAGIE

Director

Establishments

Establishment units

Physical locations of this company

Registered office

Haiglaan 31

8900 Ieper

2.093.195.167

Haiglaan 31 A

8900 Ieper

Active since 29 May 2001

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.

All companies at this address →

Stuurkracht - Trefpunt

DELHIMA IEPER

€ 3.9 million gross margin · 2025

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0474.518.060

VAT number

BE 0474.518.060

Registered office

Haiglaan 31, 8900 Ieper

Names & denominations

LOWAGIE

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

23 April 2001

Peppol

Active · Active since 21 Oct 2026

Activities · NACE

Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)

Detailhandel in ijzerwaren, verf, bouwmaterialen en glas (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte vanaf 400 m2.

Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2

Overige bouwinstallatie

Glaszetten

Schrijnwerk

Slopen

Plaatsen van vloer- en wandtegels

View on CBE Public ↗ Annual accounts (NBB) ↗

LOWAGIE

Warning lights

Financials

What happened to LOWAGIE?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions