ACTIVE

ROWE

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Financial year 2025 · closed on 31/12/2025

Net result

70,5 k €

-20.2% YoY

Gross margin

78,3 k €

+0.2% YoY

Equity

704,4 k €

+4.3% YoY

What does ROWE do?

ROWE is a Private limited company incorporated in 1989. Its main activity is: Management consultancy activities. Its registered office is in Molenbeek-Saint-Jean.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0437.347.759

Incorporation

25/04/1989

Legal form

Private limited company

Registered office

Chaussée de Gand 356-358
1080 Molenbeek-Saint-Jean · BruxellesSee on map

Contributed capital

224 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	78,3 k €	+0.2%	78,2 k €	+3.0%	75,9 k €	+11.9%	67,8 k €	-9.2%	74,7 k €	+2.0%	73,3 k €	-16.1%	87,4 k €	-14.5%	102,2 k €	-6.8%	109,7 k €	-0.3%	110 k €	+0.5%	109,5 k €	+0.4%	109,1 k €	+49.6%	72,9 k €	+11.4%	65,5 k €	+21.2%	54 k €	-0.7%	54,3 k €	-1.7%	55,3 k €	-19.4%	68,6 k €	+33.0%	51,6 k €	-16.6%	61,9 k €
EBITDA	74 k €	+0.0%	74 k €	+3.6%	71,4 k €	+10.7%	64,5 k €	-9.9%	71,6 k €	+2.1%	70,2 k €	-16.9%	84,4 k €	-14.8%	99,1 k €	-7.2%	106,8 k €	-0.3%	107 k €	+0.2%	106,8 k €	+0.3%	106,5 k €	+51.6%	70,3 k €	+10.8%	63,5 k €	+23.3%	51,5 k €	-3.0%	53 k €	-0.7%	53,4 k €	-20.1%	66,8 k €	+35.8%	49,2 k €	-16.4%	58,9 k €
Operating result	55,1 k €	+2.9%	53,5 k €	+0.5%	53,2 k €	+18.8%	44,8 k €	-10.5%	50 k €	+4.4%	48 k €	-24.0%	63,1 k €	-20.7%	79,6 k €	-8.0%	86,5 k €	-1.4%	87,7 k €	-0.4%	88 k €	-2.0%	89,9 k €	+65.4%	54,3 k €	+11.2%	48,9 k €	+32.2%	37 k €	-7.2%	39,8 k €	+47.1%	27,1 k €	-5.1%	28,5 k €	-34.1%	43,3 k €	-10.6%	48,5 k €
Net result	70,5 k €	-20.2%	88,3 k €	-7.2%	95,2 k €	+97.7%	48,2 k €	-6.3%	51,4 k €	+41.9%	36,2 k €	-15.8%	43 k €	-19.6%	53,5 k €	-0.1%	53,6 k €	+6.8%	50,2 k €	+17.5%	42,7 k €	-23.4%	55,7 k €	+35.1%	41,2 k €	+19.6%	34,5 k €	+107%	16,7 k €	-68.4%	52,8 k €	+272%	14,2 k €	-36.1%	22,2 k €	+6.4%	20,9 k €	-41.0%	35,4 k €
Balance sheet
Equity	704,4 k €	+4.3%	675,1 k €	+6.4%	634,6 k €	-24.0%	834,5 k €	+6.1%	786,4 k €	+7.0%	735 k €	+5.2%	698,7 k €	+6.6%	655,7 k €	+8.9%	602,2 k €	+9.8%	548,6 k €	+10.1%	498,4 k €	-0.7%	502 k €	+10.7%	453,6 k €	+3.6%	437,8 k €	+6.6%	410,6 k €	+2.3%	401,3 k €	+12.8%	355,9 k €	-0.8%	358,8 k €	+1.4%	353,7 k €	+181%	125,8 k €
Total assets	1,4 M €	+3.0%	1,4 M €	+5.1%	1,3 M €	+3.8%	1,3 M €	+4.1%	1,2 M €	-3.0%	1,3 M €	+14.1%	1,1 M €	+2.2%	1,1 M €	+0.8%	1,1 M €	-1.1%	1,1 M €	-0.7%	1,1 M €	-1.2%	1,1 M €	-19.8%	1,4 M €	+81.0%	763,8 k €	-5.7%	810,1 k €	-3.9%	843 k €	-15.9%	1 M €	-3.4%	1 M €	+24.3%	835,1 k €	+30.8%	638,4 k €
Cash	137,1 k €	-43.1%	240,9 k €	+39.1%	173,1 k €	+80.7%	95,8 k €	+63.4%	58,6 k €	-43.2%	103,2 k €	+34.0%	77 k €	+50.3%	51,2 k €	+196%	17,3 k €	-38.1%	27,9 k €	+36.7%	20,4 k €	-42.1%	35,2 k €	+0.5%	35,1 k €	-31.7%	51,4 k €	-38.5%	83,5 k €	-27.3%	114,8 k €	-16.4%	137,3 k €	+913%	13,6 k €	+49.0%	9,1 k €	+176%	3,3 k €
Debts	707,4 k €	+1.4%	697,5 k €	+4.5%	667,3 k €	+60.4%	416 k €	+1.0%	411,8 k €	-17.5%	499 k €	+32.7%	376,1 k €	-4.1%	392,2 k €	-9.8%	434,8 k €	-12.7%	497,8 k €	-10.0%	553,1 k €	-8.8%	606,4 k €	-34.5%	925,3 k €	+187%	322,8 k €	-18.4%	395,6 k €	-9.6%	437,6 k €	-31.8%	641,5 k €	-4.8%	674,1 k €	+41.5%	476,5 k €	-4.5%	498,9 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 14 ended

Active mandates

Ella DE VISCH

Director

Active

Marc DELECLUYSE

Managing director

Active

Ended mandates

Ella DE VISCH

Director · since 30 mai 2020 · until 29 mai 2026

Ended

Marc DELECLUYSE

Managing director · since 30 mai 2020 · until 29 mai 2026

Ended

Ella DE VISCH

Mandate · since 30 mai 2014 · until 29 mai 2020

Ended

Ella DE VISCH

Director · since 30 mai 2014 · until 29 mai 2020

Ended

At this address

Other companies at this address

Company	CBE no.
Association des copropriétaires de l'immeuble à Molenbeek-Saint-Jean, Chaussée de Gand, 356-358● Active	0896.006.024

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Micro model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	30/06/2026	02/07/2025	04/07/2024	06/07/2023	02/06/2022	03/06/2021
General meeting	26/06/2026	27/06/2025	28/06/2024	26/05/2023	27/05/2022	28/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/06/2026	30/06/2026	Dutch	PDF
Abridged model	31/12/2024	27/06/2025	02/07/2025	Dutch	PDF
Micro model	31/12/2023	28/06/2024	04/07/2024	Dutch	PDF
Abridged model	31/12/2022	26/05/2023	06/07/2023	Dutch	PDF
Abridged model	31/12/2021	27/05/2022	02/06/2022	Dutch	PDF
Abridged model	31/12/2020	28/05/2021	03/06/2021	Dutch	PDF
Abridged model	31/12/2019	29/05/2020	11/06/2020	Dutch	PDF
Abridged model	31/12/2018	31/05/2019	06/06/2019	Dutch	PDF
Abridged model	31/12/2017	25/05/2018	31/05/2018	Dutch	PDF
Abridged model	31/12/2016	26/05/2017	08/06/2017	Dutch	PDF
Abridged model	31/12/2015	27/05/2016	02/06/2016	Dutch	PDF
Abridged model	31/12/2014	29/05/2015	04/06/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	26/06/2014	Dutch	PDF
Abridged model	31/12/2012	31/05/2013	05/06/2013	Dutch	PDF
Abridged model	31/12/2011	25/05/2012	31/05/2012	Dutch	PDF
Abridged model	31/12/2010	27/05/2011	01/06/2011	Dutch	PDF
Abridged model	31/12/2009	28/05/2010	11/06/2010	Dutch	PDF
Abridged model	31/12/2008	26/05/2009	04/06/2009	Dutch	PDF
Abridged model	31/12/2007	30/05/2008	12/06/2008	Dutch	PDF
Abridged model	31/12/2006	25/05/2007	01/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 14 ended

Active mandates

Ella DE VISCH

Director

Active

Marc DELECLUYSE

Managing director

Active

Ended mandates

Ella DE VISCH

Director · since 30 mai 2020 · until 29 mai 2026

Ended

Marc DELECLUYSE

Managing director · since 30 mai 2020 · until 29 mai 2026

Ended

Ella DE VISCH

Mandate · since 30 mai 2014 · until 29 mai 2020

Ended

Ella DE VISCH

Director · since 30 mai 2014 · until 29 mai 2020

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares06/10/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - KAPITAAL - AANDELEN - ALGEMENE VERGADERING
PDF
Mandates24/07/2014
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares14/01/2014
KAPITAAL - AANDELEN
PDF
Mandates10/12/2008
ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares17/08/2005
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates06/11/2002
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202570,5 k €↓
2024
Annual accounts 202488,3 k €↓
2023
Annual accounts 202395,2 k €↑
2022
Annual accounts 202248,2 k €↓
2021
Annual accounts 202151,4 k €↑
2020
Annual accounts 202036,2 k €↓
2019
Annual accounts 201943 k €↓
2018
Annual accounts 201853,5 k €↓
2017
Annual accounts 201753,6 k €↑
2016
Annual accounts 201650,2 k €↑
2015
Annual accounts 201542,7 k €↓
2014
Annual accounts 201455,7 k €↑
2013
Annual accounts 201341,2 k €↑
2012
Annual accounts 201234,5 k €↑
2011
Annual accounts 201116,7 k €↓
2010
Annual accounts 201052,8 k €↑
2009
Annual accounts 200914,2 k €↓
2008
Annual accounts 200822,2 k €↑
2007
Annual accounts 200720,9 k €↓
2006
Annual accounts 200635,4 k €
25/04/1989
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

ROWE

Overview

What does ROWE do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline