Bostoen Group

Active

Public limited companyfounded 198937 yrs activePauline Van Pottelsberghelaan 22, 9051 Gent, BelgiumKBO/BCE: BE 0437.878.289

Summary

Bostoen Group has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20.8m and a net result of -€2.8m. Equity is shrinking by ~5.5% per year across the filed fiscal years. Its solvency ranks better than 37% of 4616 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysis Watch Report Compare

Bostoen GroupActiveChecked score 64/100

Risk analysis Report Compare

Checked score

Score 2025

64 / 100

Healthy

Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability47▼-1

Solvency49▼-3

Growth55=

Track record100

Bankruptcy probability, 12 months

0.1% Very low

0%0.5%1.5%4%10%≥ 25%

Credit up to €65,000 at 30 days acceptable

Liquidity short (current ratio 0.95 against 0.88 in 2024; short-term debt: 5.9% and cash: 0% of total assets), and 75.9% of the assets are financed with debt.

Credit check for your own amount and term

Show the recommended maximum : and see how the verdict changes with amount, term and advance.

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 68

Relative position

BE, all sectors

reference

Real estate activities (NACE 68)

about 43% fewer bankruptcies

← fewer bankruptcies more bankruptcies →

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

24.1%

Return on assets

-3.2%

Age of the figures

9 mo

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Persistent losses

Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.

NBB · annual accounts 2025

Net result per financial year

1819202122232425

2018 to 2025 · latest year -€2.8m

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

28 d early

2024

14 d early

2023

20 d early

2022

21 d early

2021

23 d early

2020

23 d early

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 22 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed late.

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 10 July (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Position in the running window

30-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

History

On 28 June 1989, Bostoen Group was incorporated.¹ In 2013 the capital was increased by EUR 19 million.² GE-WA-CONSTRUCT and Marlon Immo were merged into the company between 2015 and 2023.³⁴ The registered office moved to Sint-Denijs-Westrem in 2018 and to Gent in 2022.⁵⁶ Of the 4 current board members, ERTVELD has served longest, since 2018.⁷ Revenue went from EUR 719,986 in 2023 to EUR 679,326 in 2025 and headcount from 20 to 10.9 full-time equivalents.⁸

Go further with this company

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Financials · fiscal year 2025, full schema, statutory accounts

Turnover

€679,326▲ 2.2%

2024 · €664,416

EBIT margin

45.6%▼ 12.0pp

2024 · 57.6%

Net result

-€2.8m▲ 4.7%

2024 · -€2.9m

Working capital

-€248,265▲ 42.5%

2024 · -€431,748

Result per fiscal year

Operating resultNet result

The operating result has fallen three years in a row; 2025 is 19% below 2024 and is the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €86.3m

94.4%

Fixed assets €81.5m ▼ 3.6%

Current assets €4.8m ▲ 48.8%

Equity and liabilities €86.3m

24.1%

75.8%

Equity €20.8m ▼ 11.8%

Provisions €25,000 =

Debt €65.5m ▲ 2.1%

Debt's share of the balance-sheet total rises from 73.1% to 75.8%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€533,312▼

2024 · €600,982

Cash flow

-€2.6m▲

2024 · -€2.7m

Debt to equity

3.14▲

2024 · 2.71

ROE

-13.4%▼

2024 · -12.4%

Interest coverage

0.64▼

2024 · 0.90

Debt ≤ 1 year

€5.1m▲

2024 · €3.7m

Debt > 1 year

€60.0m▼

2024 · €60.3m

Income taxes

€1,798▼

2024 · €3,359

Staff costs

€1.3m▼

2024 · €1.6m

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Annual accounts

OverviewIncome statement Balance sheet Cash flow

Filed annual accounts As filed with the NBB · 2025 against 2024 · 92 lines

Balance sheet Code20242025

Assets

Total assets20/58€87.8m€86.3m▼

Formation expenses20€0€0=

Fixed assets21/28€84.5m€81.5m▼

Intangible fixed assets21€0€11,570▲

Tangible fixed assets22/27€7.8m€7.7m▼

Land and buildings22€1.9m€1.8m▼

Plant, machinery and equipment23€0€0=

Furniture and vehicles24€0€0=

Leasing and similar rights25€724,463€633,214▼

Other tangible fixed assets26€4.5m€4.4m▼

Assets under construction and advance payments27€715,075€839,487▲

Financial fixed assets28€76.7m€73.8m▼

Affiliated companies280/1€76.5m€73.6m▼

Participating interests280€76.5m€73.6m▼

Companies linked by participating interests282/3€229,411€229,411=

Participating interests282€229,411€229,411=

Current assets29/58€3.2m€4.8m▲

Amounts receivable after more than one year29€312,704€312,704=

Other amounts receivable291€312,704€312,704=

Amounts receivable within one year40/41€833,691€4.3m▲

Trade receivables40€828,503€97,912▼

Other amounts receivable41€5,188€4.2m▲

Cash at bank and in hand54/58€2.0m€822▼

Deferred charges and accrued income490/1€85,938€153,109▲

Equity and liabilities

Total equity and liabilities10/49€87.8m€86.3m▼

Equity10/15€23.6m€20.8m▼

Contributions10/11€16.6m€16.6m=

Capital10€16.6m€16.6m=

Issued capital100€16.6m€16.6m=

Outside capital11€0€0=

Share premium1100/10€0€0=

Reserves13€7.5m€7.5m=

Non-distributable reserves130/1€1.5m€1.5m=

Legal reserve130€1.5m€1.5m=

Tax-exempt reserves132€22€22=

Distributable reserves133€6.0m€6.0m=

Profit (loss) carried forward14-€484,184-€3.3m▼

Provisions and deferred taxes16€25,000€25,000=

Provisions for liabilities and charges160/5€25,000€25,000=

Other liabilities and charges164/5€25,000€25,000=

Amounts payable17/49€64.1m€65.5m▲

Amounts payable after more than one year17€60.3m€60.0m▼

Financial debts170/4€60.3m€60.0m▼

Subordinated loans170€54.5m€54.5m=

Leasing and similar obligations172€76,355-

Credit institutions173€3.8m€3.5m▼

Other loans174€2.0m€2.0m=

Advances received on contracts in progress176€3,963-

Amounts payable within one year42/48€3.7m€5.1m▲

Current portion of amounts payable after more than one year42€410,420€376,273▼

Financial debts43-€4.0m

Credit institutions430/8-€4.0m

Other loans439-€0

Trade debts44€357,618€238,657▼

Suppliers440/4€357,618€238,657▼

Taxes, remuneration and social security45€303,531€159,492▼

Taxes450/3€122,928€100,674▼

Remuneration and social security454/9€180,604€58,818▼

Other amounts payable47/48€2.6m€283,241▼

Accrued charges and deferred income492/3€101,791€440,081▲

Income statement Code20242025

Operating income70/76A€3.8m€3.3m▼

Turnover70€664,416€679,326▲

Other operating income74€3.1m€2.6m▼

Non-recurring operating income76A€940€940=

Operating charges60/66A€3.4m€3.0m▼

Services and other goods61€1.4m€1.4m▲

Remuneration, social security and pensions62€1.6m€1.3m▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€218,409€223,591▲

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€9,356-€83,309▼

Provisions for liabilities and charges: additions (uses and reversals)635/8€25,000-

Other operating charges640/8€183,660€238,219▲

Operating profit (loss)9901€382,573€309,721▼

Financial income75/76B€2.1m€767,528▼

Recurring financial income75€704,068€767,528▲

Income from financial fixed assets750€133,000€50,000▼

Income from current assets751€571,068€717,527▲

Other financial income752/9-€0

Non-recurring financial income76B€1.4m-

Financial charges65/66B€5.4m€3.9m▼

Recurring financial charges65€692,275€886,480▲

Debt charges650€670,544€833,549▲

Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€10,369€15,607▲

Other financial charges652/9€11,362€37,325▲

Non-recurring financial charges66B€4.7m€3.0m▼

Profit (loss) for the period before taxes9903-€2.9m-€2.8m▲

Income taxes67/77€3,359€1,798▼

Taxes670/3€3,359€1,798▼

Profit (loss) for the period9904-€2.9m-€2.8m▲

Profit (loss) for the period to be appropriated9905-€2.9m-€2.8m▲

Appropriation of the result

Profit (loss) to be appropriated9906-€484,184-€3.3m▼

Profit (loss) brought forward from the previous period14P€2.4m-€484,184▼

Social balance

Average headcount (FTE)908717.710.9▼

The notes to these accounts (108 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line	2021	2022	2023	2024	2025	Change
Operating income70/76A	€4.5m	€6.7m	€5.0m	€3.8m	€3.3m	▼ 12.4%
Turnover70	€92,777	€149,934	€719,986	€664,416	€679,326	▲ 2.2%
Other operating income74	€4.4m	€4.2m	€4.3m	€3.1m	€2.6m	▼ 15.5%
Non-recurring operating income76A	€940	€2.3m	€940	€940	€940	=
Operating charges60/66A	€3.4m	€5.6m	€4.3m	€3.4m	€3.0m	▼ 11.7%
Services and other goods61	€1.1m	€1.4m	€1.5m	€1.4m	€1.4m	▲ 1.4%
Remuneration, social security and pensions62	€2.0m	€1.9m	€2.2m	€1.6m	€1.3m	▼ 22.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630	€149,280	€189,657	€330,847	€218,409	€223,591	▲ 2.4%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4	-	-	€73,954	€9,356	-€83,309	▼ 990%
Provisions for liabilities and charges: additions (uses and reversals)635/8	€24,000	-€24,000	-	€25,000	-	-
Other operating charges640/8	€95,490	€121,575	€158,458	€183,660	€238,219	▲ 29.7%
Non-recurring operating charges66A	-	€1.9m	-	-	-	-
Operating profit (loss)9901	€1.1m	€1.2m	€731,215	€382,573	€309,721	▼ 19.0%
Financial income75/76B	€311,017	€561,742	€2.8m	€2.1m	€767,528	▼ 63.0%
Recurring financial income75	€311,017	€530,492	€610,905	€704,068	€767,528	▲ 9.0%
Income from financial fixed assets750	€70,274	€162,500	€150,000	€133,000	€50,000	▼ 62.4%
Income from current assets751	€239,137	€367,992	€460,905	€571,068	€717,527	▲ 25.6%
Other financial income752/9	€1,606	€0	€0	-	€0	-
Non-recurring financial income76B	-	€31,250	€2.2m	€1.4m	-	-
Financial charges65/66B	€1.3m	€8.6m	€1.9m	€5.4m	€3.9m	▼ 28.1%
Recurring financial charges65	€804,854	€1.4m	€597,676	€692,275	€886,480	▲ 28.1%
Debt charges650	€796,126	€1.5m	€576,553	€670,544	€833,549	▲ 24.3%
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651	-	-€370,010	€7,117	€10,369	€15,607	▲ 50.5%
Other financial charges652/9	€8,728	€304,550	€14,006	€11,362	€37,325	▲ 229%
Non-recurring financial charges66B	€474,309	€7.2m	€1.3m	€4.7m	€3.0m	▼ 36.4%
Profit (loss) for the period before taxes9903	€148,463	-€6.9m	€1.6m	-€2.9m	-€2.8m	▲ 4.6%
Income taxes67/77	€2,724	€3,461	€3,655	€3,359	€1,798	▼ 46.5%
Taxes670/3	€2,724	€3,461	€3,655	€3,359	€1,798	▼ 46.5%
Profit (loss) for the period9904	€145,739	-€6.9m	€1.6m	-€2.9m	-€2.8m	▲ 4.7%
Profit (loss) for the period to be appropriated9905	€145,739	-€6.9m	€1.6m	-€2.9m	-€2.8m	▲ 4.7%

Line	2021	2022	2023	2024	2025	Change
Assets
Total assets20/58	€189.2m	€144.4m	€97.2m	€87.8m	€86.3m	▼ 1.6%
Formation expenses20	-	€0	€0	€0	€0	-
Fixed assets21/28	€135.6m	€132.9m	€88.0m	€84.5m	€81.5m	▼ 3.6%
Intangible fixed assets21	-	€0	€0	€0	€11,570	-
Tangible fixed assets22/27	€3.2m	€6.6m	€7.9m	€7.8m	€7.7m	▼ 1.3%
Land and buildings22	€534,012	€487,041	€1.9m	€1.9m	€1.8m	▼ 3.5%
Plant, machinery and equipment23	-	€0	€0	€0	€0	-
Furniture and vehicles24	€7,860	€4,480	€1,430	€0	€0	-
Leasing and similar rights25	€998,209	€906,961	€815,712	€724,463	€633,214	▼ 12.6%
Other tangible fixed assets26	€1.1m	€4.6m	€4.6m	€4.5m	€4.4m	▼ 1.5%
Assets under construction and advance payments27	€576,642	€609,121	€637,745	€715,075	€839,487	▲ 17.4%
Financial fixed assets28	€132.4m	€126.3m	€80.0m	€76.7m	€73.8m	▼ 3.8%
Affiliated companies280/1	€132.1m	€126.1m	€79.8m	€76.5m	€73.6m	▼ 3.8%
Participating interests280	€132.1m	€126.1m	€79.8m	€76.5m	€73.6m	▼ 3.8%
Companies linked by participating interests282/3	€239,181	€229,412	€229,412	€229,411	€229,411	=
Participating interests282	€239,181	€229,412	€229,412	€229,411	€229,411	=
Current assets29/58	€53.6m	€11.5m	€9.2m	€3.2m	€4.8m	▲ 48.8%
Amounts receivable after more than one year29	€312,704	€312,704	€312,704	€312,704	€312,704	=
Other amounts receivable291	€312,704	€312,704	€312,704	€312,704	€312,704	=
Amounts receivable within one year40/41	€53.1m	€10.9m	€8.8m	€833,691	€4.3m	▲ 421%
Trade receivables40	€826,979	€1.1m	€3.4m	€828,503	€97,912	▼ 88.2%
Other amounts receivable41	€52.3m	€9.8m	€5.4m	€5,188	€4.2m	▲ 81,723%
Cash at bank and in hand54/58	€10,024	€33	€284	€2.0m	€822	▼ 100.0%
Deferred charges and accrued income490/1	€167,637	€249,635	€92,102	€85,938	€153,109	▲ 78.2%
Equity and liabilities
Total equity and liabilities10/49	€189.2m	€144.4m	€97.2m	€87.8m	€86.3m	▼ 1.6%
Equity10/15	€31.9m	€25.0m	€26.5m	€23.6m	€20.8m	▼ 11.8%
Contributions10/11	€16.6m	€16.6m	€16.6m	€16.6m	€16.6m	=
Capital10	€16.6m	€16.6m	€16.6m	€16.6m	€16.6m	=
Issued capital100	€16.6m	€16.6m	€16.6m	€16.6m	€16.6m	=
Outside capital11	€0	€0	€0	€0	€0	=
Share premium1100/10	€0	€0	€0	€0	€0	=
Reserves13	€7.4m	€7.4m	€7.5m	€7.5m	€7.5m	=
Non-distributable reserves130/1	€1.5m	€1.5m	€1.5m	€1.5m	€1.5m	=
Legal reserve130	€1.5m	€1.5m	€1.5m	€1.5m	€1.5m	=
Tax-exempt reserves132	€22	€22	€22	€22	€22	=
Distributable reserves133	€6.0m	€6.0m	€6.0m	€6.0m	€6.0m	=
Profit (loss) carried forward14	€7.9m	€942,692	€2.4m	-€484,184	-€3.3m	▼ 576%
Provisions and deferred taxes16	€24,000	-	-	€25,000	€25,000	=
Provisions for liabilities and charges160/5	€24,000	-	-	€25,000	€25,000	=
Other liabilities and charges164/5	€24,000	-	-	€25,000	€25,000	=
Amounts payable17/49	€157.3m	€119.5m	€70.6m	€64.1m	€65.5m	▲ 2.1%
Amounts payable after more than one year17	€104.4m	€58.1m	€58.8m	€60.3m	€60.0m	▼ 0.6%
Financial debts170/4	€104.4m	€58.1m	€58.7m	€60.3m	€60.0m	▼ 0.6%
Subordinated loans170	-	-	€54.5m	€54.5m	€54.5m	=
Leasing and similar obligations172	€407,750	€301,732	€191,328	€76,355	-	-
Credit institutions173	-	€3.3m	€4.1m	€3.8m	€3.5m	▼ 8.0%
Other loans174	€104.0m	€54.5m	-	€2.0m	€2.0m	=
Advances received on contracts in progress176	€16,763	€3,963	€3,963	€3,963	-	-
Amounts payable within one year42/48	€52.4m	€60.4m	€11.8m	€3.7m	€5.1m	▲ 38.0%
Current portion of amounts payable after more than one year42	€101,805	€330,474	€401,454	€410,420	€376,273	▼ 8.3%
Financial debts43	-	-	-	-	€4.0m	-
Credit institutions430/8	-	-	-	-	€4.0m	-
Other loans439	-	-	-	-	€0	-
Trade debts44	€204,081	€655,463	€226,535	€357,618	€238,657	▼ 33.3%
Suppliers440/4	€204,081	€655,463	€226,535	€357,618	€238,657	▼ 33.3%
Taxes, remuneration and social security45	€245,406	€360,113	€268,669	€303,531	€159,492	▼ 47.5%
Taxes450/3	€73,106	€79,181	€59,620	€122,928	€100,674	▼ 18.1%
Remuneration and social security454/9	€172,299	€280,933	€209,050	€180,604	€58,818	▼ 67.4%
Other amounts payable47/48	€51.9m	€59.0m	€10.9m	€2.6m	€283,241	▼ 89.1%
Accrued charges and deferred income492/3	€404,541	€993,698	€125,984	€101,791	€440,081	▲ 332%

Line	2021	2022	2023	2024	2025	Change
Profit (loss) for the period9904	€145,739	-€6.9m	€1.6m	-€2.9m	-€2.8m	▲ 4.7%
+ Depreciation and write-downs630	€149,280	€189,657	€330,847	€218,409	€223,591	▲ 2.4%
Operating cash flow (approximation)	€295,019	-€6.7m	€1.9m	-€2.7m	-€2.6m	▲ 5.2%
Investment in fixed assets (approximation)	-	€2.5m	€44.6m	€3.2m	€2.8m	▼ 13.8%
Change in cash	-	-€9,991	€251	€2.0m	-€2.0m	▼ 200%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

All 44Financial 4Gazette 30Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

03-07

NBB filing Annual accounts filed

fiscal year 2025 · full schema

09-03

State Gazette act Reappointments: Stephan Bostoen (director) and Patrick Bostoen (director)

3 facts ▸

General meeting, 25-06-2025
Director reappointment, Stephan Bostoen (director)
Director reappointment, Patrick Bostoen (director)

2025

17-07

NBB filing Annual accounts filed

fiscal year 2024 · full schema

11-02

NBB filing Annual accounts filed

fiscal year 2023 · consolidated

2024

07-11

State Gazette act Reappointments: VRC Bedrijfsrevisoren BV (statutory auditor) and Ertveld NV (director)

Permanent representative: Daniëlle Bostoen4 facts ▸

General meeting, 25-06-2024
Auditor reappointment, VRC Bedrijfsrevisoren BV
Director reappointment, Ertveld NV (director)
Permanent representative, Daniëlle Bostoen

11-07

NBB filing Annual accounts filed

fiscal year 2023 · full schema

30-01

State Gazette act Capital & shares · Purpose · Statutes amendment · Restructuring

Merger · Share cancellation · Accounting effect9 facts ▸

General meeting, 28-12-2023
Merger, geruisloze fusie, 01-07-2023
Share cancellation, aandelen van de overgenomen vennootschap ingetrokken en vernietigd
Accounting effect, 01-07-2023
Dissolution, 28-12-2023
Power of attorney, Bostoen Group
Shareholding, 100% (houdster van alle aandelen)
Waiver, tussentijdse cijfers, laatste goedgekeurde jaarrekeningen afgesloten per 30 juni 2023
Guarantee, zekerheden en waarborgen blijven onverkort behouden

2023

31-12

Financial Back to profitnet €1.6m

Net result €1.6m after one loss-making year.

31-12

Financial Equity above €25mEq €26.5m ▲6.3%

Equity rises from €25.0m to €26.5m.

11-09

State Gazette act Restructuring · Miscellaneous

Merger · Accounting effect · Real estate5 facts ▸

Merger, absorption
Accounting effect, 01-07-2023
Real estate, Parkeerhaven, op en met grond en alle verdere aanhorigheden, gestaan en gelegen te Gent, Sint-Denijs-Westrem, Pauline Van Pottelsberghelaan 22+, sectie A, numme…
Real estate, Kantoorgebouw, gelegen te Gent, Sint-Denijs-Westrem, Pauline Van Pottelsberghelaan 22, kadastraal bekend sectie A, nummer 0110SP0000, oppervlakte 819,00m². Eige…
Merger, alle aandelen van Marlon Immo in handen van Bostoen Group, artikel 12:7 WVV

28-07

State Gazette act Capital & shares · Restructuring

Demerger · Capital · Statutes amendment5 facts ▸

General meeting, 28-06-2023
Demerger, geruisloze partiële splitsing, EUR
Capital, €12.292.336,64
Statutes amendment
Power of attorney, Hilde Dujardin

11-07

NBB filing Annual accounts filed

fiscal year 2022 · full schema

Show earlier events

10-07

NBB filing Annual accounts filed

fiscal year 2022 · consolidated

26-05

State Gazette act Restructuring

Demerger · Capital · Accounting effect7 facts ▸

Demerger, 10-05-2023
Capital, €16.600.310,59
Capital, €39.671.518,2
Accounting effect, 01-01-2023
Net-asset statement, 31-12-2022
Shareholding, 85081966, 100%
Transferred asset, lening ter waarde van € 47.000.000,00 die Bostoen Group NV heeft ten aanzien van VEKABO NV

2022

31-12

Financial Weakest financial yearnet -€6.9m

Net result drops to -€6.9m, the lowest in the series; recovery starts the following year.

30-11

State Gazette act Appointment: Stephan Bostoen (chair of the board)

Resignation: Marie-Ange DOSSCHE (director) · Mandate compensation · Director discharge5 facts ▸

General meeting, 31-08-2022
Director appointment, Stephan Bostoen (chair of the board)
Mandate compensation, Stephan Bostoen
Director resignation, Marie-Ange DOSSCHE (director)
Director discharge, Marie-Ange DOSSCHE

08-07

NBB filing Annual accounts filed

fiscal year 2021 · full schema

08-07

NBB filing Annual accounts filed

fiscal year 2021 · consolidated

17-02

State Gazette act Reappointments: VANDER DONCKT-ROOBROUCK-CHRISTIAENS BEDRIJFSREVISOREN (statutory auditor) and Hugo VAN GEET (director)

Legal-form conversion · Registered-office move · Statutes amendment10 facts ▸

General meeting, 08-02-2022
Legal-form conversion, Naamloze vennootschap (NV)
Registered-office move, 9051 Gent (Sint-Denijs-Westrem), Pauline van Pottelsberghelaan 22
Statutes amendment
Statutes amendment
Capital, €16.600.310,59
Auditor reappointment, VANDER DONCKT-ROOBROUCK-CHRISTIAENS BEDRIJFSREVISOREN
Auditor reappointment, VANDER DONCKT-ROOBROUCK-CHRISTIAENS BEDRIJFSREVISOREN (consolidatierevisor)
Director reappointment, Hugo VAN GEET (director)
Mandate compensation, Hugo VAN GEET

2021

08-07

NBB filing Annual accounts filed

fiscal year 2020 · full schema

08-07

NBB filing Annual accounts filed

fiscal year 2020 · consolidated

2020

31-12

Financial Back to profitnet €351,291

Net result €351,291 after 2 loss-making years.

20-08

State Gazette act Resignation: Invaport (director)

Appointment: Hugo Van Geet (director) · Mandate compensation6 facts ▸

General meeting, 30-06-2020
Director resignation, Invaport (director)
Director appointment, Hugo Van Geet (director)
Mandate compensation, Hugo Van Geet
Board meeting, 01-07-2020
Director appointment, Hugo Van Geet (chair of the board)

20-07

State Gazette act Resignations: ILLINOIS, LATEMWAARTS and LEIEKANT

Appointments: Dossche Mare-Ange, Bostoen Stephan and Bostoen Patrick · Director discharge · Power of attorney13 facts ▸

General meeting, 27-12-2019
Director resignation, ILLINOIS (director)
Director resignation, LATEMWAARTS (director)
Director resignation, LEIEKANT (director)
Director discharge, ILLINOIS
Director discharge, LATEMWAARTS
Director discharge, LEIEKANT
Director appointment, Dossche Mare-Ange (director)
Director appointment, Bostoen Stephan (director)
Director appointment, Bostoen Patrick (director)
Power of attorney, Dossche Mare-Ange (permanent representative)
Power of attorney, Bostoen Stephan (permanent representative)
+1 further facts in this act

2019

16-07

State Gazette act Reappointment: VANDERDONCKT-ROOBROUCK-CHRISTIAENS Bedrijfsrevisoren (commissaris revisor)

2 facts ▸

General meeting, 29-04-2019
Auditor reappointment, VANDERDONCKT-ROOBROUCK-CHRISTIAENS Bedrijfsrevisoren (commissaris revisor)

2018

09-11

State Gazette act Registered office

Registered-office move2 facts ▸

General meeting, 11/09/2018
Registered-office move, Amelia Earhartlaan 19-301, 9051 Sint-Denijs-Westrem

10-09

State Gazette act Resignations: LATEMWAARTS, ERTVELD and 2 others

Appointments: ILLINOIS, LATEMWAARTS and 3 others · Permanent representatives: Dossche Marie-Ange, Bostoen Stephan and 3 others · Permanent representative resignation19 facts ▸

General meeting, 29-05-2018
Board meeting, 29-05-2018
Director resignation, LATEMWAARTS (director)
Director resignation, ERTVELD (director)
Director resignation, Dossche Marie-Ange (director)
Director resignation, INVAPORT (director)
Director appointment, ILLINOIS (director)
Director appointment, LATEMWAARTS (director)
Director appointment, LEIEKANT (director)
Director appointment, ERTVELD (director)
Director appointment, INVAPORT (director)
Permanent representative, Dossche Marie-Ange
+7 further facts in this act

2017

03-04

State Gazette act Resignation: Peter Impe (director)

Permanent representative: Peter Impe4 facts ▸

Board meeting
Director resignation, Peter Impe (director)
Director resignation, Peter Impe (managing director)
Permanent representative, Peter Impe

10-01

State Gazette act Resignations: Patrick Lecluyse BVBA, Christavest BVBA and 2 others

6 facts ▸

General meeting, 14-12-2016
Director resignation, Patrick Lecluyse BVBA (director)
Director resignation, Christavest BVBA (director)
Director resignation, Patrick Lecluyse (permanent representative)
Director resignation, Stanislas Boone (permanent representative)
Director resignation, Christavest BVBA (chair of the board)

2016

14-09

State Gazette act Permanent representative: Peter Impe

2 facts ▸

Board meeting, 30-10-2015
Permanent representative, Peter Impe

02-09

State Gazette act Appointments: BVBA Patrick Lecluyse (director) and BVBA Invaport (director)

3 facts ▸

General meeting, 27-06-2016
Director appointment, BVBA Patrick Lecluyse (director)
Director appointment, BVBA Invaport (director)

21-01

State Gazette act Capital & shares · Restructuring

Merger · Dissolution · Accounting effect8 facts ▸

General meeting, 30-12-2015
Merger, absorption, 30-12-2015
Dissolution, 30-12-2015
Accounting effect, 01-01-2015
Power of attorney, Lieven Dhaene
Shareholding, enige aandeelhouder
Asset transfer, onroerende goederen voor het vruchtgebruik
Profit participation, 01-01-2015

2015

26-11

State Gazette act Restructuring

Merger · Accounting effect · Shareholding6 facts ▸

Merger, absorption
Accounting effect, 01-01-2015
Shareholding, 100%
No new shares, no new shares issued; no cash compensation or other financial compensation paid
Tax neutral, arts 117/120 W.Reg., art 211 W.Inkomstenbelastingen (1992), arts 11/18 §3 W.BTW.
Waiver, unanimous waiver of special reports and control report under arts 694-695 W.Venn.

15-09

State Gazette act Resignations: DOSSCHE Marie-Ange, CHRISTAVEST and 4 others

Reappointments: CHRISTAVEST, LATEMWAARTS and 4 others · Appointment: IMPE Peter (managing director) · Permanent representatives: Boone Stanislas, Lano Joseph and 3 others32 facts ▸

General meeting, 26-06-2015
Director resignation, DOSSCHE Marie-Ange (director)
Director resignation, CHRISTAVEST (director)
Director resignation, JLMV (director)
Director resignation, LATEMWAARTS (director)
Director resignation, ERTVELD (director)
Director resignation, IMPE Peter (director)
Director discharge, DOSSCHE Marie-Ange
Director discharge, CHRISTAVEST
Director discharge, JLMV
Director discharge, LATEMWAARTS
Director discharge, ERTVELD
+20 further facts in this act

2014

02-07

State Gazette act Reappointment: Burgerlijke Vennootschap o.v.v.e. CVBA VANDERDONCKT-ROOBROUCK-CHRISTIAENS Bedrijfsrevisoren (statutory auditor)

2 facts ▸

General meeting, 18-09-2012
Auditor reappointment, Burgerlijke Vennootschap o.v.v.e. CVBA VANDERDONCKT-ROOBROUCK-CHRISTIAENS Bedrijfsrevisoren

2013

18-10

State Gazette act Capital & shares · Statutes amendment · Resignations & appointments · Restructuring

Resignations: Patrick Bostoen, Stephan Bostoen and 3 others · Appointments: Christavest, JLMV and 2 others · Permanent representatives: Stanislas Boone, Joseph Lano and Danielle Bostoen32 facts ▸

General meeting, 30-09-2013
Demerger, Overname van de grondenactiviteit (grondbankactiviteit) van AMSTO door VEKABO
Demerger, Overname van de holdingsactiviteiten (participaties en groepsvorderingen) van AMSTO door ANITRAS
Accounting effect, 01-01-2013
Capital increase, €17.228.173,59
Capital, €39.671.518,2
Capital increase, €19.134.470,84
Capital, €16.600.310,59
Name change, NV "Bostoen Group"
Director resignation, Patrick Bostoen (director)
Director resignation, Stephan Bostoen (director)
Director resignation, Danielle Bostoen (director)
+20 further facts in this act

05-06

State Gazette act Restructuring

Demerger · Share issue · Net-asset statement26 facts ▸

Demerger, AMSTO overdraagt haar grondactiviteiten aan VEKABO
Demerger, AMSTO overdraagt haar holdingsactiviteiten aan ANITRAS
Share issue, 28807016, nieuwe aandelen uitgegeven in het kader van de splitsing
Share issue, 2, nieuwe aandelen uitgegeven in het kader van de splitsing
Net-asset statement, 31-12-2012
Net-asset statement, 31-12-2012
Net-asset statement, 31-12-2012
Accounting effect, 01-01-2013
Real estate, 31-12-2012
Asset transfer value, 41770173.19, EUR
Asset transfer value, 41545322.08, EUR
Share value, 1.45, EUR
+14 further facts in this act

2012

29-08

State Gazette act Reappointments: Bostoen Stephan, Bostoen Danielle and 4 others

Resignation: Bostoen Francis (director) · Appointments: Bostoen Stephan, Bostoen Danielle and 3 others · Permanent representatives: Bostoen Stephan and Dossche Marie-Ange17 facts ▸

General meeting, 04-06-2012
Director reappointment, Bostoen Stephan (director)
Director reappointment, Bostoen Danielle (director)
Director reappointment, Dossche Marie-Ange (director)
Director reappointment, Bostoen Patrick (director)
Director reappointment, Latemwaarts (director)
Director reappointment, Procity-Invest (director)
Director resignation, Bostoen Francis (director)
Director discharge, Bostoen Francis
Board meeting, 04-06-2012
Director appointment, Bostoen Stephan (managing director)
Director appointment, Bostoen Danielle (managing director)
+5 further facts in this act

10-08

State Gazette act Appointment: Latemwaarts (director)

Permanent representative: Stephan Bostoen5 facts ▸

General meeting, 31-01-2011
Director appointment, Latemwaarts (director)
Permanent representative, Stephan Bostoen
Board meeting, 31-01-2011
Director appointment, Latemwaarts (managing director)

27-03

State Gazette act Appointment: De Clercq Jan (director)

2 facts ▸

General meeting, 09-01-2012
Director appointment, De Clercq Jan (director)

2011

28-06

State Gazette act Restructuring

Contribution1 fact ▸

Contribution, inbreng door overdracht van de bedrijfstak grondactiviteit

2010

31-12

State Gazette act Appointment: BOSTOEN Patrick Kristof Daniel (director)

Capital decrease · Capital · Statutes amendment6 facts ▸

General meeting, 17-12-2010
Capital decrease, €16.500.000
Capital, €16.600.000
Statutes amendment
Director appointment, BOSTOEN Patrick Kristof Daniel (director)
Mandate compensation, BOSTOEN Patrick Kristof Daniel

25-05

State Gazette act Reappointment: VANDER DONCKT-ROOBROUCK-CHRISTIAENS BEDRIJFSREVISOREN (statutory auditor)

Mandate compensation3 facts ▸

General meeting, 30-06-2009
Auditor reappointment, VANDER DONCKT-ROOBROUCK-CHRISTIAENS BEDRIJFSREVISOREN
Mandate compensation, VANDER DONCKT-ROOBROUCK-CHRISTIAENS BEDRIJFSREVISOREN

2009

08-06

State Gazette act Capital & shares · Miscellaneous

Demerger1 fact ▸

Demerger, Inbreng van de bedrijfstak 'verhuuractiviteit' (verhuurtak)

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

30 of 30 acts read

Directors · office · real estate

Directors

4 directors, no change since 2025

Board 4

Stephan Bostoen

Chair of the board · since 30-06-2022 · Director · since 01-01-2020

Current

Hugo Van Geet

Chair of the board · since 01-07-2020 · Director · since 01-07-2020

Current

ERTVELD

Director · since 01-07-2018 · Public limited company · perm. rep.: Bostoen Daniëlle

Current

BOSTOEN Patrick Kristof Daniel

Director · since 01-01-2020

Current

8 not recently confirmed

Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.

JLMV

Director · since 30-09-2013 · Private limited company · perm. rep.: Joseph Lano

Not recently confirmed

CHRISTAVEST

Director · since 26-06-2015 · Legal entity · perm. rep.: Boone Stanislas

Not recently confirmed

ERTVELD

Director · since 26-06-2015 · Legal entity · perm. rep.: Danielle Bostoen

Not recently confirmed

LATEMWAARTS

Director · since 26-06-2015 · Legal entity · perm. rep.: Stephan Bostoen

Not recently confirmed

BVBA Invaport

Director · since 27-06-2016 · Legal entity

Not recently confirmed

Invaport

Director · since 01-07-2018 · Private limited company · perm. rep.: Peter Pelgrims

Not recently confirmed

Dossche Mare-Ange

Director · since 01-01-2020

Not recently confirmed

PROCITY-INVEST

Director · Legal entity · perm. rep.: Dossche Marie-Ange

Not recently confirmed

Day-to-day management 1

PROCITY-INVEST

Managing director · since 04-06-2012 · Legal entity · perm. rep.: Dossche Marie-Ange

Not recently confirmed

Permanent representatives 1

Bostoen Daniëlle

Permanent representative · since 01-07-2018 · for ERTVELD

Current

5 not recently confirmed

Still in office according to the acts, but no act of the last six years confirms the mandate. It has often ended since, in an act we have not read.

Joseph Lano

Permanent representative · since 30-09-2013 · for JLMV

Not recently confirmed

Boone Stanislas

Permanent representative · since 26-06-2015 · for CHRISTAVEST

Not recently confirmed

Stephan Bostoen

Permanent representative · since 26-06-2015 · for LATEMWAARTS

Not recently confirmed

Peter Pelgrims

Permanent representative · since 01-07-2018 · for Invaport

Not recently confirmed

Dossche Marie-Ange

Permanent representative · for PROCITY-INVEST

Not recently confirmed

Statutory auditor 1

VRC BEDRIJFSREVISOREN BV

Auditor · since 25-06-2024

Current

Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ. See the function holders in the CBE →

Location & real-estate footprint

Registered office, Gent · 1 establishment unit since 2000

seat establishment The establishment unit on the map

Ground area

822 m²

Building footprint

277 m²

Parcel 44062A0110/00S000, Flanders. Linked by address, not a title deed.

12 companies at this address See who is registered here

1 establishment unit

Pauline Van Pottelsberghelaan 22, 9051 Gent

NACE 70201

since 20002.046.666.247

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
44062A0110/00S000	Flanders	822 m²	1 · 277 m²	-

Linked by address, not proof of ownership

Good to know

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Mandate history

30 people since 2009, 13 in office

All 30 In office 13 Ended 17

Board
Day-to-day management
Permanent representative
Statutory auditor
not recently confirmed
began earlier

Mandates per person, with start and end dates
Name	Functions and periods
BOSTOEN Patrick Kristof Daniel	Director, from 17-12-2010 to 30-09-2013 Director, from 01-01-2020 to date
Stephan Bostoen	Managing director, from 04-06-2012 ended, last mentioned 29-08-2012 Director, already before 29-08-2012 to 30-09-2013 Director, from 01-01-2020 to date Chair of the board, from 30-06-2022 to date
ERTVELD	Director, already before 01-07-2018 to date
Hugo Van Geet	Chair of the board, from 01-07-2020 not ended, last confirmed 20-08-2020 Director, from 01-07-2020 to date
VRC BEDRIJFSREVISOREN BV	Auditor, from 25-06-2024 to date
LATEMWAARTS	Director, from 31-01-2011 not ended, last confirmed 15-09-2015 Managing director, from 31-01-2011 to 26-06-2015
PROCITY-INVEST	Managing director, from 04-06-2012 not ended, last confirmed 29-08-2012 Director, already before 29-08-2012 not ended, last confirmed 29-08-2012
ERTVELD	Director, from 30-09-2013 not ended, last confirmed 15-09-2015
JLMV	Director, from 30-09-2013 not ended, last confirmed 18-10-2013
CHRISTAVEST	Director, already before 26-06-2015 not ended, last confirmed 15-09-2015
BVBA Invaport	Director, from 27-06-2016 not ended, last confirmed 02-09-2016
Invaport	Director, already before 01-07-2018 not ended, last confirmed 10-09-2018
Dossche Mare-Ange	Director, from 01-01-2020 not ended, last confirmed 20-07-2020
VANDERDONCKT-ROOBROUCK-CHRISTIAENS Bedrijfsrevisoren	Commissaris revisor, from 18-09-2012 to 25-06-2024
Marie-Ange Dossche	Managing director, from 04-06-2012 to 26-06-2015 Director, already before 29-08-2012 to 01-07-2018 Director, until 30-06-2022
Invaport	Director, until 01-07-2020
ILLINOIS	Director, from 01-07-2018 to 01-01-2020
LATEMWAARTS	Director, already before 01-07-2018 to 01-01-2020
LEIEKANT	Director, from 01-07-2018 to 01-01-2020
IMPE Peter	Director, from 30-09-2013 to 25-01-2017 Managing director, from 26-06-2015 to 25-01-2017
Christavest BVBA	Chair of the board, until 14-12-2016 Director, until 14-12-2016
LECLUYSE Patrick Eugene Marie	Permanent representative, until 14-12-2016
Patrick Lecluyse BVBA	Director, from 27-06-2016 to 14-12-2016
Stanislas Boone	Permanent representative, until 14-12-2016
JLMV	Director, until 26-06-2015
Bostoen Danielle Jacqueline Andrée	Managing director, from 04-06-2012 ended, last mentioned 29-08-2012 Director, already before 29-08-2012 to 30-09-2013
De Clercq Jan	Director, from 01-01-2012 to 30-09-2013
PROCITY INVEST	Director, until 30-09-2013
Vander Donckt-Roobrouck-Christiaens Bedrijfsrevisoren	Auditor, from 30-06-2009 to 18-09-2012
Bostoen Francis	Director, until 04-06-2012

Show all 30 people Show the first 12See the board, name and seat on a given date →

Articles of association

Purpose

Voorwerp niet aangepast ingevolge de fusie

according to the deed of 30-01-2024

Structure & network

Owners and holdings

10 holdings · 5 subsidiaries in the tree

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 10

C.E.J.subsidiary

Sourceown accounts 2025
Equity €11,009Result €1.7m

100%
NATUURSTEEN CRULsubsidiary

Sourceown accounts 2025
Equity €999,917Result €32,485

100%
VEKABOsubsidiary

Sourceown accounts 2025act 26-05-2023act 26-05-2023
Equity €13.1mResult -€447,953

100%
Bouw Francis Bostoensubsidiary

Sourceown accounts 2025
Equity €30.1mResult -€4.7m

99.84%
Futurn BOST

Sourceown accounts 2025

50%
GULFCOM EUROPE

Sourceown accounts 2025
Equity €1.1mResult €106,260

50%
7energy

Sourceown accounts 2025
Equity €1.1mResult €264,483

44.44%+ 0.56% via subsidiaries
Noorweegse Kaai

Sourceown accounts 2025
Equity -€833,980Result -€363,883

36%+ 22.49% via subsidiaries
JUMATT

Sourceown accounts 2025
Equity -€888,144Result -€4.1m

0.04%+ 99.95% via subsidiaries
PLUS HOME CONCEPT STORE

Sourceown accounts 2025
Equity -€1.4mResult -€19,429

0.03%

All subsidiaries, including indirect ones 5

Companies in which this company or one of its subsidiaries holds more than half, or which it consolidates according to the LEI register.

C.E.J. 100%1 subsidiary
- JUMATT 99.96%
NATUURSTEEN CRUL 100%
VEKABO 100%
Bouw Francis Bostoen 99.84%

According to the 2025 annual accounts of Bostoen Group and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

8 connected companies

Depth

Shared directors

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, scroll to zoom.

Linked via shared directors

ASOBV

via Hugo Van Geet · Chair

→

Immobiliën Francis Bostoen

via Hugo Van Geet and Stephan Bostoen

→

Truncus Wealth

via Hugo Van Geet · Director

→

VGD ACCOUNTANTS EN BELASTINGCONSULENTEN

via Hugo Van Geet · Director

former→

Show 4 more companies with a shared director

VGD Bedrijfsrevisoren

via Hugo Van Geet · Director

former→

INNI group

Shared corporate director

→

L2D

Shared corporate director

→

LINPACT

Shared corporate director

→

Ownership & control

2 board mandates

Board mandates of this companythis company sits on their board2

Bouw Francis Bostoen

2 locations

VEKABO

1 location

Acquisitions and mergers

6 transactions

Took over:Marlon Immo

BE 0664.714.373silent merger · State Gazette act of 30-01-2024 (2 acts) · effective 01-07-2023

Took over:GE-WA-CONSTRUCT

merger by absorption · State Gazette act of 21-01-2016 (2 acts) · effective 30-12-2015

Received in a demerger part of:VEKABO

BE 0879.032.410partial demerger · State Gazette act of 28-07-2023 (4 acts) · effective 10-05-2023

Split off to:AMSTO

State Gazette act of 18-10-2013 (2 acts)

Split off to:VEKABO

BE 0879.032.410proposal · State Gazette act of 28-06-2011

Split off to:IMMEUBLES FAMILIAUX DE BELGIQUE

BE 0415.235.719partial demerger · State Gazette act of 08-09-2009 (3 acts)

Capital and shareholders

Capital over the years

26-05-2023 Capital stated in 2 acts · 16,600,310.59 EUR · 9,261 shares
18-10-2013 Capital increase of 19,134,470.84 EUR · 2 new shares
05-06-2013 Capital stated in the act · 14,155 shares
31-12-2010 Capital reduction of 16,500,000 EUR · to 16,600,000 EUR · repaid to the shareholders

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Of 11,755 companies in sector 68310 we hold annual accounts for 6,912. 560 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification

Legal formPublic limited company

Founded28-06-1989

Fiscal year end31-12

Activities, NACEBEL 2025

68110Buying and selling of own real estate

68310Real estate agency activities

68203Renting and operating of own or leased non-residential real estate, excluding land

E-invoicing

Reachable via Peppol

Peppol ID 0208:0437878289

Registered 06-01-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Scores and ratios are computed by Checked and are not a credit decision.