Financials
Financial year 2025
BOWOOD from Lievegem, company number BE0659653745, closed financial year 2025 with a result of € 290,015 after tax. For that financial year BOWOOD recorded a gross margin of € 527,063 and equity of € 449,300. Compared with financial year 2024, the result moved from € 145,908 to € 290,015. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 18, 2025.
€ 449,300
▼ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 290,015
▲ 99% vs 2024
Profit after tax over the fiscal year.
€ 155,929
▲ 115% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 442,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 2.3 million
▼ 4% vs 2024
Of which on lease € 2.3 million.
Debts at end 2025
€ 2.3 million
▼ 3% vs 2024
€ 70,518 is repaid this year. At this pace the long-term loan is gone in ≈ 32 years.
€ 5,347
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 160,490
▲ € 136,914 vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 335,215 | € 567,079 | € 506,738 | € 527,063 | ▲ 4% |
| Profit after taxes | € 241,187 | € 443,730 | € 145,908 | € 290,015 | ▲ 99% |
| Equity | € 540,133 | € 455,377 | € 601,285 | € 449,300 | ▼ 25% |
| Total debts | € 196,132 | € 360,963 | € 2,594,582 | € 2,479,166 | ▼ 4% |
| Cash | € 42,379 | € 93,012 | € 72,485 | € 155,929 | ▲ 115% |
| Retained profit | € 521,533 | € 436,777 | € 582,685 | € 430,700 | ▼ 26% |
| Dividend | € 0 | € 528,486 | € 0 | € 442,000 | |
| Bank debt | € 48,596 | € 16,861 | € 2,350,000 | € 2,281,202 | ▼ 3% |
| Balance sheet total | € 736,264 | € 816,339 | € 3,195,867 | € 2,928,465 | ▼ 8% |
Key figures of BOWOOD, 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 December 2026.
What happened to BOWOOD?
What happened at BOWOOD in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 290,015 (▲ 99% vs 2024). Source: NBB ↗
- New establishment in Lievegem. KBO
- Thierry Victor René Mari MORTIER became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 241,187 profit in 2022 to € 290,015 profit in 2025.
Paid € 412,381 in corporate taxes since 2022.
Best year ever: 2023, with € 443,730 profit.
Paid out € 970,486 in dividends to the owners in total.
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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
Behind BOWOOD is Thierry Victor René Mari MORTIER.
Directors
According to the 2025 annual accounts
Thierry Victor René Mari MORTIER
Director
since 2016
Establishments
Establishment units
Physical locations of this company
Korfbalstraat 18
9920 Lievegem
Korfbalstraat 4
9920 Lievegem
Active since 19 July 2016
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0659.653.745
- VAT number
- BE 0659.653.745
- Registered office
- Korfbalstraat 18, 9920 Lievegem
- Names & denominations
- BOWOOD
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 July 2016
- Peppol
- Active · Active since 10 Aug 2026
- Activities · NACE
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