BOAG
ActiveBOAG has been active since 2009 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €178k and a net result of €14k. Equity is growing by ~15.1% per year across the filed fiscal years. Its solvency ranks better than 60% of 36373 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability74▼-25
Solvency81▲+3
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 1.96 against 1.93 in 2023; short-term debt: 40.7% and cash: 29.6% of total assets), and 44.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
61 d late
2023
31 d late
2022
145 d late
2021
145 d late
2020
20 d late
2019
90 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€178k▼ 7.2%
2023 · €192k
2018: €77k
2019: €105k
2020: €90k
2021: €123k
2022: €150k
2023: €192k
2018 → 2024
Total assets
€319k▼ 12.0%
2023 · €363k
2018: €139k
2019: €205k
2020: €167k
2021: €185k
2022: €206k
2023: €363k
2018 → 2024
Net result
€14k▼ 83.8%
2023 · €87k
2018: €46k
2019: €28k
2020: €-14k
2021: €32k
2022: €27k
2023: €87k
2018 → 2024
Working capital
€125k▼ 4.5%
2023 · €131k
2018: €80k
2019: €102k
2020: €78k
2021: €95k
2022: €119k
2023: €131k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€90k-€123k▲ 35.5%€150k▲ 22.1%€192k▲ 28.2%€178k▼ 7.2%
Operating result€-15k-€39k€41k▲ 3.9%€129k▲ 215%€21k▼ 83.6%
Net result€-14k-€32k€27k▼ 15.6%€87k▲ 222%€14k▼ 83.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 84% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €319k
Fixed assets
€64k▼ 29.2%
Current assets
€255k▼ 6.2%
Equity and liabilities €319k
Equity
€178k▼ 7.2%
Debt
€141k▼ 17.3%
The debt ratio falls from 47.1% to 44.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€54k▼
2023 · €154k
Cash flow
€47k▼
2023 · €112k
Solvency
55.8%▲
2023 · 52.9%
Current ratio
1.96▲
2023 · 1.93
Quick ratio
1.76▲
2023 · 1.66
Debt / equity
0.79▼
2023 · 0.89
ROE
7.9%▼
2023 · 45.5%
ROA
4.4%▼
2023 · 24.0%
Interest coverage
18.14▼
2023 · 35.73
Debt
€141k▼
2023 · €171k
Debt ≤ 1 year
€130k▼
2023 · €141k
Debt > 1 year
€11k▼
2023 · €30k
Income taxes
€7k▼
2023 · €40k
Staff costs
€30k▲
2023 · €28k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€363k€319k▼
Fixed assets21/28€91k€64k▼
Tangible fixed assets22/27€91k€64k▼
Land and buildings22€3k€2k▼
Plant, machinery and equipment23€25k€23k▼
Furniture and vehicles24€62k€40k▼
Financial fixed assets28€300€300=
Current assets29/58€272k€255k▼
Stocks and contracts in progress3€38k€26k▼
Stocks30/36€38k€26k▼
Amounts receivable within one year40/41€90k€34k▼
Trade receivables40€78k€14k▼
Other amounts receivable41€12k€20k▲
Current investments50/53-€100k
Cash at bank and in hand54/58€144k€94k▼
Deferred charges and accrued income490/1€232€211▼
Equity and liabilities
Total equity and liabilities10/49€363k€319k▼
Equity10/15€192k€178k▼
Contributions10/11€8k€8k=
Reserves13€172k€158k▼
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Tax-exempt reserves132€492€492=
Distributable reserves133€172k€158k▼
Profit (loss) carried forward14€11k€11k▲
Amounts payable17/49€171k€141k▼
Amounts payable after more than one year17€30k€11k▼
Financial debts170/4€30k€11k▼
Amounts payable within one year42/48€141k€130k▼
Current portion of amounts payable after more than one year42€22k€19k▼
Trade debts44€37k€10k▼
Suppliers440/4€37k€10k▼
Taxes, remuneration and social security45€37k€33k▼
Taxes450/3€33k€31k▼
Remuneration and social security454/9€4k€2k▼
Other amounts payable47/48€45k€69k▲
Income statement
Code20232024
Remuneration, social security and pensions62€28k€30k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€33k▲
Other operating charges640/8€6k€902▼
Gross operating margin9900€189k€85k▼
Operating profit (loss)9901€129k€21k▼
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€127k€21k▼
Income taxes67/77€40k€7k▼
Profit (loss) for the period9904€87k€14k▼
Profit (loss) for the period to be appropriated9905€87k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€98k€25k▼
Profit (loss) brought forward from the previous period14P€11k€11k▲
Transfer from equity791/2€45k€28k▼
Transfer to equity691/2€87k€14k▼
To other reserves6921€87k€14k▼
Profit to be distributed694/7€45k€28k▼
Return on contributions (dividend)694€45k€28k▼
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Highest result since 2018net €87k ▲222%
Operating result €129k, net result €87k, both a record.
31-12
Financial
Equity above €150kEq €192k ▲28.2%
3 profitable years in a row build equity to €192k.
23-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 145 days late
2022
23-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 145 days late
2021
31-12
Financial
Back to profitnet €32k
Net result €32k after one loss-making year.
31-12
Financial
Equity above €100kEq €123k ▲35.5%
Equity rises from €90k to €123k.
20-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 20 days late
2020
31-12
Financial
Weakest financial yearnet €-14k ▼151%
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
31-12
Financial
Equity above €100kEq €105k ▲36.9%
2 profitable years in a row build equity to €105k.
28-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 28 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Onhaye · 1 establishment unit since 2009
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de la Spêche, Som. 105523 OnhayeGround area
2,910 m²
Building footprint
123 m²
Volume, LiDAR
870 m³
Parcel 91121C0003/00N011, Wallonia · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BOAG sprl
since 20092.175.792.449
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91121C0003/00N011 | Wallonia | 2,910 m² | 1 · 123 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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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Q&A Technics
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SOLAR CONCEPT
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ANTS
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Of 22,826 companies in sector 43211 we hold annual accounts for 10,327. 8,422 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-01-2009
Fiscal year end31-12
Activities, NACEBEL
02200Logging
43211General electrical installation work
46832Wholesale of timber
81300Landscape service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
4 entriesE-mail:brunogregoire@scarlet.be
Phone:0498/46.40.32
Phone:082/22.87.21
Fax:082/22.93.66