Financials
Financial year 2025
LOWESCO from Gavere, company number BE0687831948, closed financial year 2025 with a result of € -36,786 after tax. For that financial year LOWESCO recorded a gross margin of € -10,329 and equity of € 61,308. Compared with financial year 2024, the result moved from € 970 to € -36,786. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.
€ 61,308
▼ 38% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -36,786
▼ still € 970 profit in 2024
Profit after tax over the fiscal year.
€ 56,149
▼ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 31,308.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -5,366 | € 13,333 | € 1,990 | € -10,329 | ▼ € 12,319 |
| Profit after taxes | € -5,988 | € 8,977 | € 970 | € -36,786 | ▼ € 37,756 |
| Equity | € 88,146 | € 97,124 | € 98,094 | € 61,308 | ▼ 38% |
| Total debts | € 43,600 | € 35,232 | € 2,451 | € 1,328 | ▼ 46% |
| Cash | € 69,035 | € 101,669 | € 60,783 | € 56,149 | ▼ 8% |
| Retained profit | € 58,146 | € 67,124 | € 68,094 | € 31,308 | ▼ 54% |
| Balance sheet total | € 131,746 | € 132,356 | € 100,545 | € 62,636 | ▼ 38% |
Key figures of LOWESCO, 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 October 2026.
What happened to LOWESCO?
What happened at LOWESCO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 36,786 (▼ € 37,756 vs 2024). Source: NBB ↗
- New establishment in Gavere. KBO
- Nico Vande Kerckhove became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 5,988 loss in 2022 to € 36,786 loss in 2025.
Paid € 1,644 in corporate taxes since 2022.
Best year ever: 2023, with € 8,977 profit.
Management
Behind LOWESCO is Nico Vande Kerckhove. It owns 50% of Bricks & More itself.
Directors
According to the 2025 annual accounts
since 2018
Establishments
Establishment units
Physical locations of this company
Leenstraat 1A
9890 Gavere
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Website info
Features
Security
Details
- Company number
- 0687.831.948
- VAT number
- BE 0687.831.948
- Registered office
- Leenstraat 1A, 9890 Gavere
- Names & denominations
- LOWESCO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 11 January 2018
- Peppol
- Active · Active since 26 Dec 2025
- Contact
- metra-consult.be
- Activities · NACE
Activiteiten van hoofdkantoren
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis