BO-MAX
ActiveSummary
BO-MAX has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19,881 and a net result of €18,595. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 81% of 14284 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+50
Solvency98▲+56
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 3.05 against 1.07 in 2024; short-term debt: 24.8% and cash: 75.7% of total assets), and 26.8% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · 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 →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
73.2%
Return on assets
68.4%
Age of the figures
15 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €19,881
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 18-12-2025, 44 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
44 d early
2024
45 d early
2023
41 d early
2022
40 d early
2021
28 d early
2020
41 d early
2019
59 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 43 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)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 21 December (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, micro schema
Equity
€19,881▲ 1,446%
2024 · €1,286
Total assets
€27,168▲ 259%
2024 · €7,573
Net result
€18,595
2024 · -€1,199
Working capital
€13,841▲ 3,017%
2024 · €444
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€4,593▼ 33.0%-€460€3,513€2,654▼ 24.5%€25,765▲ 871%
Net result€9,264within the sector's middle half▲ 558%-€613within the sector's middle half€1,227within the sector's middle half-€1,199within the sector's middle half€18,595within the sector's middle half
Equity€1,871below the sector's middle half€1,258below the sector's middle half▼ 32.8%€2,485below the sector's middle half▲ 97.5%€1,286below the sector's middle half▼ 48.2%€19,881within the sector's middle half▲ 1,446%
Total assets€6,347below the sector's middle half▼ 30.0%€9,457below the sector's middle half▲ 49.0%€11,701below the sector's middle half▲ 23.7%€7,573below the sector's middle half▼ 35.3%€27,168below the sector's middle half▲ 259%
Debt€4,476▼ 72.8%€8,199▲ 83.2%€9,216▲ 12.4%€6,287▼ 31.8%€7,287▲ 15.9%
Working capital€1,871within the sector's middle half-€7,191within the sector's middle half-€600within the sector's middle half▲ 91.7%€444within the sector's middle half€13,841within the sector's middle half▲ 3,017%
Solvency29.5%within the sector's middle half▲ 111.0pp13.3%within the sector's middle half▼ 16.2pp21.2%within the sector's middle half▲ 7.9pp17.0%within the sector's middle half▼ 4.3pp73.2%above the sector's middle half▲ 56.2pp
Current ratio1.42within the sector's middle half▲ 0.870.12below the sector's middle half▼ 1.300.93within the sector's middle half▲ 0.811.07within the sector's middle half▲ 0.143.05above the sector's middle half▲ 1.98
Return on assets (ROA)146.0%above the sector's middle half▲ 130.4pp-6.5%below the sector's middle half▼ 152.4pp10.5%above the sector's middle half▲ 17.0pp-15.8%below the sector's middle half▼ 26.3pp68.4%above the sector's middle half▲ 84.3pp
above
within
below
the middle half (P25 to P75) of NACE 68, Real estate activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 871% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €27,168
Fixed assets
€6,590 ▲ 683%
Current assets
€20,578 ▲ 206%
Equity and liabilities €27,168
Equity
€19,881 ▲ 1,446%
Debt
€7,287 ▲ 15.9%
Debt's share of the balance-sheet total falls from 83.0% to 26.8%. Equity and debt are higher.
Key figures and ratios
EBITDA
€26,618▲
2024 · €4,897
Cash flow
€19,448▲
2024 · €1,044
Debt to equity
0.37▼
2024 · 4.89
ROE
93.5%▲
2024 · -93.2%
Interest coverage
248.77▲
2024 · 48.01
Debt ≤ 1 year
€6,737▲
2024 · €6,287
Income taxes
€7,168▲
2024 · €3,027
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €1,357 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €3,193 | €5,364 | €2,243 | €853 | ▼ 62.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€6,631 | - | - | - | - |
| Other operating charges640/8 | - | €767 | €1,557 | €1,064 | €1,100 | ▲ 3.4% |
| Gross operating margin9900 | €5,027 | -€3,131 | €10,434 | €5,961 | €27,718 | ▲ 365% |
| Operating profit (loss)9901 | €4,593 | -€460 | €3,513 | €2,654 | €25,765 | ▲ 871% |
| Financial income75/76B | - | €2,000 | €3 | €43 | €105 | ▲ 144% |
| Recurring financial income75 | - | €2,000 | €3 | €43 | €105 | ▲ 144% |
| Non-recurring financial income76B | - | €2,000 | - | - | - | - |
| Financial charges65/66B | - | €55 | €57 | €869 | €107 | ▼ 87.7% |
| Recurring financial charges65 | €90 | €55 | €57 | €102 | €107 | ▲ 4.9% |
| Non-recurring financial charges66B | - | - | - | €767 | - | - |
| Profit (loss) for the period before taxes9903 | €11,753 | €1,485 | €3,459 | €1,828 | €25,763 | ▲ 1,309% |
| Income taxes67/77 | €2,489 | €2,098 | €2,232 | €3,027 | €7,168 | ▲ 137% |
| Profit (loss) for the period9904 | €9,264 | -€613 | €1,227 | -€1,199 | €18,595 | ▲ 1,651% |
| Profit (loss) for the period to be appropriated9905 | €9,264 | -€613 | €1,227 | -€1,199 | €18,595 | ▲ 1,651% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6,347 | €9,457 | €11,701 | €7,573 | €27,168 | ▲ 259% |
| Fixed assets21/28 | - | €8,449 | €3,085 | €842 | €6,590 | ▲ 683% |
| Tangible fixed assets22/27 | - | €8,449 | €3,085 | €842 | €6,590 | ▲ 683% |
| Furniture and vehicles24 | - | €7,379 | €2,129 | - | €1,012 | - |
| Other tangible fixed assets26 | - | €1,070 | €956 | €842 | €5,578 | ▲ 562% |
| Current assets29/58 | €6,347 | €1,008 | €8,616 | €6,731 | €20,578 | ▲ 206% |
| Amounts receivable within one year40/41 | €1,892 | - | €6,399 | €1,107 | - | - |
| Trade receivables40 | - | - | €6,399 | €1,107 | - | - |
| Cash at bank and in hand54/58 | €4,455 | €1,008 | €2,217 | €5,624 | €20,578 | ▲ 266% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6,347 | €9,457 | €11,701 | €7,573 | €27,168 | ▲ 259% |
| Equity10/15 | €1,871 | €1,258 | €2,485 | €1,286 | €19,881 | ▲ 1,446% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Profit (loss) carried forward14 | -€4,329 | -€4,942 | -€3,715 | -€4,914 | €13,681 | ▲ 378% |
| Amounts payable17/49 | €4,476 | €8,199 | €9,216 | €6,287 | €7,287 | ▲ 15.9% |
| Amounts payable within one year42/48 | €4,476 | €8,199 | €9,216 | €6,287 | €6,737 | ▲ 7.2% |
| Trade debts44 | €147 | €135 | €108 | €208 | €52 | ▼ 75.0% |
| Suppliers440/4 | - | €135 | €108 | €208 | €52 | ▼ 75.0% |
| Taxes, remuneration and social security45 | - | €2,587 | €3,526 | €4,274 | €4,870 | ▲ 13.9% |
| Taxes450/3 | - | €2,587 | €3,526 | €4,274 | €4,870 | ▲ 13.9% |
| Other amounts payable47/48 | - | €5,477 | €5,582 | €1,805 | €1,815 | ▲ 0.6% |
| Accrued charges and deferred income492/3 | - | - | - | - | €550 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €9,264 | -€613 | €1,227 | -€1,199 | €18,595 | ▲ 1,651% |
| + Depreciation and write-downs630 | - | €3,193 | €5,364 | €2,243 | €853 | ▼ 62.0% |
| Operating cash flow (approximation) | €9,264 | €2,580 | €6,591 | €1,044 | €19,448 | ▲ 1,763% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | -€6,601 | - |
| Change in cash | - | -€3,447 | €1,209 | €3,407 | €14,954 | ▲ 339% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
18-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Back to profitnet €18,595
Net result €18,595 after one loss-making year.
30-06
Financial
Liquidity triplescurrent ratio 3.05
Current ratio from 1.07 to 3.05.
2024
17-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
30-06
Financial
Weakest financial yearnet -€1,199
Net result drops to -€1,199, the lowest in the series; recovery starts the following year.
2023
21-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Back to profitnet €1,227
Net result €1,227 after one loss-making year.
2022
22-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
03-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Liquidity triplescurrent ratio 1.42
Current ratio from 0.55 to 1.42; short-term debt falls from €16,457 to €4,476.
2020
21-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2019
03-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
20-12
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
22-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Namur · 1 establishment unit since 2016
Ground area
140 m²
Building footprint
54 m²
Volume, LiDAR
540 m³
Parcel 92322G0063/00_000, Wallonia · tallest building 12.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Rue de la Plage(JB) 11, 5100 Namur
since 20162.256.484.670
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92322G0063/00_000 | Wallonia | 140 m² | 1 · 54 m² | 12.1 m · 3 fl. |
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.
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Of 11,755 companies in sector 68310 we hold annual accounts for 6,912. 3,925 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded15-09-2016
Fiscal year end30-06
Activities, NACEBEL 2025
68310Real estate agency activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0662693805
Registered
29-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.