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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Negative equity NBB
More debt than assets in 1 of the last 2 fiscal years.
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Two loss years in a row NBB
Negative result in 2021 and 2022.
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Tight liquidity NBB
Cash and receivables cover 47 % of short-term debt in 2022; threshold 65 %.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2022
GOW! from Ieper, company number BE0508614748, closed financial year 2022 with a result of € -48,292 after tax. For that financial year GOW! recorded a gross margin of € -33,505 and equity of € -22,319. Compared with financial year 2021, the result moved from € -3,856 to € -48,292. 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 July 13, 2023.
€ -22,319
▼ € 49,542 vs 2021
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -48,292
▼ 1152 % more loss than in 2021
Profit after tax over the fiscal year.
€ 8,499
▲ € 8,323 vs 2021
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -130,319.
Debts at end 2022
€ 18,750
€ 12,500 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 135,380
▲ 81% vs 2021
Supplier invoices still open on the last day of the fiscal year.
€ 2,469
▼ 56% vs 2021
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | Change 2021 → 2022 | |
|---|---|---|---|
| Gross margin | € 11,008 | € -33,505 | ▼ € 44,512 |
| Profit after taxes | € -3,856 | € -48,292 | ▼ € 44,436 |
| Equity | € 27,223 | € -22,319 | ▼ € 49,542 |
| Total debts | € 181,918 | € 239,812 | ▲ 32% |
| Cash | € 176 | € 8,499 | ▲ € 8,323 |
| Retained profit | € -82,027 | € -130,319 | ▼ € 48,292 |
| Bank debt | € 18,750 | € 18,750 | |
| Balance sheet total | € 209,141 | € 217,492 | ▲ 4% |
Key figures of GOW!, fiscal years 2021 to 2022, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2023 has not been filed yet; it was expected before 31 July 2024.
What happened to GOW!?
What happened at GOW! in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
GOW! is active according to the CBE. Legal situation: Opening faillissement.
- Hein (002-000) Lapauw stepped down as director. NBB
- Green Point Supplies (001-000) stepped down as director. NBB
- Wgi invest (000-000) stepped down as director. NBB
- Wim (001-000) Maris stepped down as director. NBB
- Luc (000-000) Goossens stepped down as director. NBB
- New annual accounts for financial year 2022: loss of € 48,292. Source: NBB ↗
- Hein (002-000) Lapauw became a director. NBB
- Green Point Supplies (001-000) became a director. NBB
In short
From € 3,856 loss in 2021 to € 48,292 loss in 2022.
Management
The stake of wgi invest comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GOW!The shares are held by wgi invest (25%).
Directors
According to the 2022 annual accounts
Hein (002-000) Lapauw
Director
since 2021 · until 2024
since 2021 · until 2024
since 2021 · until 2024
Wim (001-000) Maris
Director
since 2021 · until 2024
Luc (000-000) Goossens
Director
since 2021 · until 2024
Shareholders
25%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Slijpstraat 1
8902 Ieper
Zwaanhofweg 4
8900 Ieper
Active since 2 January 2013
Fabriekstraat(D) 15
8600 Diksmuide
Active since 2 January 2013
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0508.614.748
- VAT number
- BE 0508.614.748
- Registered office
- Slijpstraat 1, 8902 Ieper
- Names & denominations
- GOW!
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Opening faillissement
- Start date
- 20 December 2012
- Peppol
- Not registered
- Activities · NACE
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