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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Tight liquidity NBB
Cash and receivables cover 44 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KOWET from Ganshoren, company number BE0899478624, closed financial year 2025 with a result of € 2,907 after tax. For that financial year KOWET recorded a gross margin of € 8,902 and equity of € -267,586. Compared with financial year 2024, the result moved from € -12,486 to € 2,907. Profitable, and profit is growing. 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 September 29, 2026.
€ -267,586
▲ € 2,907 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 2,907
▲ still € 12,486 loss in 2024
Profit after tax over the fiscal year.
€ 39
▼ 42% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -286,186.
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.
€ 121,462
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 8,511 | € -35,647 | € -2,032 | € 8,902 | ▲ € 10,934 |
| Profit after taxes | € -17,245 | € -57,911 | € -12,486 | € 2,907 | ▲ € 15,392 |
| Equity | € -200,097 | € -258,008 | € -270,493 | € -267,586 | ▲ € 2,907 |
| Total debts | € 673,980 | € 723,238 | € 604,570 | € 598,020 | ▼ 1% |
| Cash | € 461 | € 116 | € 68 | € 39 | ▼ 42% |
| Land & buildings | € 80,468 | € 76,852 | € 73,237 | € 69,621 | ▼ 5% |
| Retained profit | € -218,697 | € -276,608 | € -289,093 | € -286,186 | ▲ € 2,907 |
| Balance sheet total | € 473,884 | € 465,230 | € 334,077 | € 330,433 | ▼ 1% |
Key figures of KOWET, 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 KOWET?
What happened at KOWET in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 2,907. filed late Source: NBB ↗
- New establishment in Ganshoren. KBO
- Start of the company according to the CBE. KBO
In short
From € 17,245 loss in 2022 to € 2,907 profit in 2025.
Best year ever: 2025, with € 2,907 profit.
Management
Behind KOWET is JOHN MUTH.
Directors
According to the 2025 annual accounts
JOHN MUTH
Manager
Establishments
Establishment units
Physical locations of this company
Sint-Martinuskerkstraat 140
1083 Ganshoren
Sint-Martinuskerkstraat 138
1083 Ganshoren
Active since 9 September 2008
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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.
Details
- Company number
- 0899.478.624
- VAT number
- BE 0899.478.624
- Registered office
- Sint-Martinuskerkstraat 140, 1083 Ganshoren
- Names & denominations
- KOWET
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 July 2008
- Peppol
- Active · Active since 10 Jan 2026