Financials
Financial year 2025
KOWATEC from Kortrijk, company number BE0826034380, closed financial year 2025 with a result of € 14,243 after tax. For that financial year KOWATEC recorded a gross margin of € 45,817 and equity of € 117,909. Compared with financial year 2024, the result moved from € 23,172 to € 14,243. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 18, 2026.
€ 117,909
▲ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 14,243
▼ 39% vs 2024
Profit after tax over the fiscal year.
€ 41,860
▲ 8% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 7,000 paid out
49 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 4,427
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 188,589
▼ 13% vs 2024
€ 29,371 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 5,132
▲ € 4,636 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,016
▲ 83% 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 | € 43,174 | € 48,966 | € 82,294 | € 45,817 | ▼ 44% |
| Profit after taxes | € 939 | € 14,717 | € 23,172 | € 14,243 | ▼ 39% |
| Equity | € 72,777 | € 87,494 | € 110,666 | € 117,909 | ▲ 7% |
| Total debts | € 285,787 | € 252,006 | € 224,257 | € 213,737 | ▼ 5% |
| Cash | € 14,321 | € 25,945 | € 38,762 | € 41,860 | ▲ 8% |
| Land & buildings | € 302,373 | € 283,613 | € 264,853 | € 258,600 | ▼ 2% |
| Retained profit | € 32,777 | € 47,494 | € 70,666 | € 77,909 | ▲ 10% |
| Dividend | € 0 | € 0 | € 0 | € 7,000 | |
| Bank debt | € 273,319 | € 232,629 | € 216,659 | € 188,589 | ▼ 13% |
| Balance sheet total | € 358,564 | € 339,500 | € 334,923 | € 331,646 | ▼ 1% |
Key figures of KOWATEC, 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 KOWATEC?
What happened at KOWATEC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 14,243 (▼ 39% vs 2024). Source: NBB ↗
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 939 profit in 2022 to € 14,243 profit in 2025.
Paid € 22,881 in corporate taxes since 2022.
Best year ever: 2024, with € 23,172 profit.
Paid out € 7,000 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 KOWATEC is KOENRAAD VAN DE VELDE.
Directors
According to the 2025 annual accounts
KOENRAAD VAN DE VELDE
Director
Establishments
Establishment units
Physical locations of this company
Walle(Kor) 169 box A
8500 Kortrijk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0826.034.380
- VAT number
- BE 0826.034.380
- Registered office
- Walle(Kor) 169 bus A, 8500 Kortrijk
- Names & denominations
- KOWATEC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 May 2010
- Peppol
- Active · Active since 4 Feb 2026
- Activities · NACE
Installatie van industriële machines, toestellen en werktuigen
Reparatie en onderhoud van consumentenartikelen, neg