Equity
BBOW has made a profit in every financial year since 2014.
BBOW has made a profit in every financial year since 2014.
Ten of the last ten came late. The 2022 accounts came latest: 59 days after the end of the period.
Higher solvency than 95% of companies in architecture and engineering. Sector median 53.9% · 11,794 companies.
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro). It does better than 87% of them on solvency, 76% on liquidity, 63% on profitability and 67% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Liquidity is ample, with a current ratio of 21.61 (23.97 in 2024), above the usual 1.5. Short-term debt is 2.2% and cash 28.6% of total assets. 2.2% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 38 days after the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| BBOW Forest | €500,070 | €111,631 | 97.8% | - |
| Studio Menko Brussels | €500,249 | €126,584 | 54.2% | - |
| WITHINDUSTRY Modave | €498,470 | €102,470 | 3.7% | - |
| Ingenieursbureau Detemmerman Mechelen | €452,433 | €102,124 | 84.4% | - |
| LXL Charleroi | €551,148 | €98,495 | 66.0% | - |
| CoPréFo Pepinster | €424,926 | €119,051 | 30.0% | - |
| LAEREMANS Zottegem | €552,611 | €99,155 | 60.0% | - |
These companies have the same main activity as BBOW: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €425,000 and €553,000, founded between 2013 and 2015.
BBOW files the micro format. That format states no turnover. The gross margin rose from €38,964 in 2014 to €111,631 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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