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 4 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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Tight liquidity NBB
Cash and receivables cover 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KoWala BC from Gent, company number BE0778397383, closed financial year 2025 with a result of € -149,253 after tax. For that financial year KoWala BC recorded a gross margin of € -3,040 and equity of € -266,260. Compared with financial year 2024, the result moved from € -108,264 to € -149,253. 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 20, 2026.
€ -266,260
▼ € 149,253 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -149,253
▼ 38 % more loss than in 2024
Profit after tax over the fiscal year.
€ 118
▼ 71% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -286,260.
Debts at end 2025
€ 1.5 million
▼ 11% vs 2024
€ 185,809 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 14,510
▼ 74% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 99,659 | € 129,903 | € 41,548 | € -3,040 | ▼ € 44,588 |
| Profit after taxes | € -22,498 | € -6,245 | € -108,264 | € -149,253 | ▼ € 40,989 |
| Equity | € -2,498 | € -8,743 | € -117,007 | € -266,260 | ▼ € 149,253 |
| Total debts | € 2,305,833 | € 2,348,337 | € 2,401,444 | € 2,452,066 | ▲ 2% |
| Cash | € 2,136 | € 0 | € 413 | € 118 | ▼ 71% |
| Retained profit | € -22,498 | € -28,743 | € -137,007 | € -286,260 | ▼ € 149,253 |
| Bank debt | € 2,081,590 | € 1,907,139 | € 1,728,868 | € 1,546,902 | ▼ 11% |
| Balance sheet total | € 2,303,334 | € 2,339,594 | € 2,284,437 | € 2,185,806 | ▼ 4% |
Key figures of KoWala BC, 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 KoWala BC?
What happened at KoWala BC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 149,253. Source: NBB ↗
- New establishment in Gent. KBO
- Samuel Baro became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 22,498 loss in 2022 to € 149,253 loss in 2025.
Management
Behind KoWala BC is Samuel Baro. Samuel Baro is also behind KONINKLIJKE ATHLETIEK ASSOCIATIE GENT - Voetbalafdeling, Audio Video Studio Oostvlaamse Televisie, HR SQUARE Group, REFLEX HEALTHCARE PEOPLE and HR SQUARE.
Directors
According to the 2025 annual accounts
Samuel Baro
Director
Also active at: KONINKLIJKE ATHLETIEK ASSOCIATIE GENT - Voetbalafdeling, Audio Video Studio Oostvlaamse Televisie, HR SQUARE Group, REFLEX HEALTHCARE PEOPLE, HR SQUARE, CENTURION, Planet Group Interim & Recruitment, Well Played +37 more
since 2021
Establishments
Establishment units
Physical locations of this company
Amelia Earhartlaan 19 box 301
9051 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.
All companies at this address →Vlaamse operaorganisatie
D&P GENT
€ 715,003 gross margin · 2025
GEVERS IP LAW
€ 255,551 gross margin · 2025
FEESTKWARTIER same network
€ 109,712 gross margin · 2025
Vereniging van mede-eigenaars van het kantoorgebouw Druppel 01.01 te 9051 Gent - Sint-Denijs-Westrem, Amelia Earhartlaan 19
+1 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
- 0778.397.383
- VAT number
- BE 0778.397.383
- Registered office
- Amelia Earhartlaan 19 bus 301, 9051 Gent
- Names & denominations
- KoWala BC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 December 2021
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen