ACTIVE

Bowe Systec

Financial year 2024 · closed on 31/12/2024
Net result
-454,2 k €
-36.8% YoY
Revenue
1,7 M €
-27.5% YoY
Equity
68,9 k €
-86.8% YoY
Workforce
8,8 ETP
-2.2% YoY

What does Bowe Systec do?

Bowe Systec is a Public limited company incorporated in 1996. Its registered office is in Saint-Gilles. It employs on average 8,8 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0458.430.908
Incorporation
10/07/1996
Legal form
Public limited company
Registered office
Place Marcel Broodthaers 8
1060 Saint-Gilles · BruxellesSee on map
Contributed capital
123 946,76 €
Latest accounts
31/12/2024
Average workforce
8,8 ETP
Joint committees (3)
  • 14904
  • 200
  • 20000
Signals
Good liquidityHealthy social debts
Health score
Available with a Rovalta subscriptionTry for 7 days
Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 11 financial years

20242023202220212016201320122011201020092008
Income statement
Revenue1,7 M €2,3 M €3,9 M €1,7 M €3 M €4,3 M €5,4 M €6,4 M €6,3 M €8,6 M €7,8 M €
EBITDA-407,2 k €-327,6 k €-52,7 k €-117,6 k €85,8 k €269,3 k €356,9 k €644,4 k €876,1 k €1,3 M €1,3 M €
Operating result-443,5 k €-329,9 k €-56 k €-119,5 k €55,3 k €249,9 k €410 k €623,1 k €777,5 k €1,1 M €1,2 M €
Net result-454,2 k €-331,9 k €-59,6 k €-100,5 k €-3,7 k €119,9 k €418 k €361,2 k €454 k €710,5 k €805,3 k €
Balance sheet
Equity68,9 k €523,1 k €855,1 k €914,6 k €662,2 k €840,6 k €970,7 k €752,7 k €741,4 k €741,4 k €730,9 k €
Total assets633,4 k €861,3 k €1,6 M €1,7 M €1,9 M €2,2 M €2,8 M €3,4 M €3,1 M €2,8 M €4,9 M €
Cash218,3 k €415,6 k €467,8 k €431,9 k €846,7 k €1,2 M €817,3 k €429,7 k €1,1 M €446,1 k €287,7 k €
Debts488,5 k €338,2 k €794,7 k €445,4 k €779,5 k €1,1 M €1,2 M €2 M €1,8 M €1,4 M €3,4 M €
Other
Workforce8,8 ETP9,0 ETP8,0 ETP8,3 ETP16,6 ETP21,0 ETP24,0 ETP27,9 ETP28,7 ETP31,4 ETP30,7 ETP
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 31/12/2024 · 3 active · 19 ended

Active mandates

Harmjan Cuppen

Managing director · since 03 juin 2024 · until 03 juin 2030

Active
Böwe Systec Benelux BV

Director · since 28 septembre 2022 · until 28 septembre 2028

Represented by Andrés JELIC

Active
Joachim Koschier

Director · since 28 septembre 2022 · until 28 septembre 2028

Active

Ended mandates

Harmjan Cuppen

Managing director · since 03 juin 2024 · until 06 mai 2030

Ended
Böwe Systec Benelux BV

Director · since 28 septembre 2022 · until 02 mai 2028

Represented by Andrés Jelic

Ended
Joachim Koschier

Director · since 28 septembre 2022 · until 02 mai 2028

Ended
Hans Put

Managing director · since 01 juillet 2019 · until 05 mai 2025

Ended
At this address

Other companies at this address

CompanyCBE no.
ABBAActive
0726.455.170
0818.427.701
ADISTA BELGIQUEActive
1009.851.459
0802.313.229
AMEDTRANSActive
0733.661.577
1036.953.061
AndrolabsActive
1036.584.065
0734.933.366
ASBRIActive
1025.981.272
ASK LOCALAActive
0718.919.359
0629.752.902
1011.289.534
0693.764.388
BELLFORTActive
0695.557.997
BELSORGActive
0891.985.274
BILIUSActive
0775.483.821
BONNE ROUTEActive
0746.473.396
Bouw TeamActive
0689.613.184
BREMSTEINActive
0452.965.056
BREVCO SERVICESActive
0895.495.189
Annual accounts

Full financial information

202420232022202120202019
Type of accountAbridged modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date03/09/202511/10/202427/07/202303/06/202204/06/202104/06/2021
General meeting02/09/202512/09/202430/06/202302/05/202210/05/202104/05/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

Looking for more information about this company?

Try for 7 days
Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202402/09/202503/09/2025DutchPDF
Full model31/12/202312/09/202411/10/2024DutchPDF
Full model31/12/202230/06/202327/07/2023DutchPDF
Full model31/12/202102/05/202203/06/2022DutchPDF
Full model31/12/202010/05/202104/06/2021DutchPDF
Full modelCorrection31/12/201904/05/202004/06/2021DutchPDF
Full model31/12/201904/05/202004/06/2020DutchPDF
Full model31/12/201828/06/201927/07/2019DutchPDF
Full model31/12/201731/07/201814/08/2018DutchPDF
Full model31/12/201619/06/201719/07/2017DutchPDF
Full model31/12/201521/06/201615/07/2016DutchPDF
Full model31/12/201417/06/201529/07/2015DutchPDF
Full model31/12/201316/06/201406/08/2014DutchPDF
Full model31/12/201213/06/201330/07/2013DutchPDF
Full model31/12/201114/06/201216/08/2012DutchPDF
Full model31/12/201015/06/201114/09/2011DutchPDF
Full model31/12/200928/12/201013/01/2011DutchPDF
Full model31/12/200817/09/200917/12/2009DutchPDF
Full model31/12/200720/06/200828/08/2008DutchPDF
Full model31/12/200630/08/200722/11/2007DutchPDF
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 31/12/2024 · 3 active · 19 ended

Active mandates

Harmjan Cuppen

Managing director · since 03 juin 2024 · until 03 juin 2030

Active
Böwe Systec Benelux BV

Director · since 28 septembre 2022 · until 28 septembre 2028

Represented by Andrés JELIC

Active
Joachim Koschier

Director · since 28 septembre 2022 · until 28 septembre 2028

Active

Ended mandates

Harmjan Cuppen

Managing director · since 03 juin 2024 · until 06 mai 2030

Ended
Böwe Systec Benelux BV

Director · since 28 septembre 2022 · until 02 mai 2028

Represented by Andrés Jelic

Ended
Joachim Koschier

Director · since 28 septembre 2022 · until 02 mai 2028

Ended
Hans Put

Managing director · since 01 juillet 2019 · until 05 mai 2025

Ended
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Other04/09/2026
    ZETELWIJZIGING
    PDF
  • Mandates19/06/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/01/2026
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates06/12/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/06/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates05/03/2024
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office15/01/2024
    SIEGE SOCIAL
    PDF
  • Mandates12/07/2023
    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

Timeline

  1. 2024
    Annual accounts 2024-454,2 k €
  2. 2023
    Annual accounts 2023-331,9 k €
  3. 2022
    Annual accounts 2022-59,6 k €
  4. 2021
    Annual accounts 2021-100,5 k €
  5. 2016
    Annual accounts 2016-3,7 k €
  6. 2013
    Annual accounts 2013119,9 k €
  7. 2012
    Annual accounts 2012418 k €
  8. 2011
    Annual accounts 2011361,2 k €
  9. 2010
    Annual accounts 2010454 k €
  10. 2009
    Annual accounts 2009710,5 k €
  11. 2008
    Annual accounts 2008805,3 k €
  12. 10/07/1996
    IncorporationPublic limited company