BoBat
ActiveSummary
The computed 12-month bankruptcy probability of BoBat is 2.0% (moderate). The 2025 annual accounts show equity of €220,074 and a net result of €84,265. Its solvency ranks better than 60% of 48 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability94▼-6
Solvency77▲+18
Growth52
Track record94
Bankruptcy probability, 12 months
2.0%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €15,000 at 30 days acceptable
Liquidity ample (current ratio 1.58 against 1.89 in 2024; short-term debt: 38.1% and cash: 24.4% of total assets), and 48.3% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 30
Relative position
BE, all sectors
reference
Manufacture of other transport equipment (NACE 30)
about 67% more 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
51.7%
Return on assets
19.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-07-2026, 29 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
29 d early
2024
6 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 18 days before the deadline; the sector median for financial year 2024 is 16 days before the deadline, and 30% of the sector filed late.
Checked, nothing found (2)
neutral · 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.
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€220,074▲ 62.0%
2024 · €135,809
Total assets
€425,520▲ 7.6%
2024 · €395,581
Net result
€84,265▼ 35.6%
2024 · €130,809
Working capital
€94,140▼ 23.3%
2024 · €122,707
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 30, Manufacture of other transport equipment, 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
Line20242025
Operating result€195,948-€122,864▼ 37.3%
Net result€130,809above the sector's middle half-€84,265above the sector's middle half▼ 35.6%
Equity€135,809within the sector's middle half-€220,074above the sector's middle half▲ 62.0%
Total assets€395,581below the sector's middle half-€425,520within the sector's middle half▲ 7.6%
Debt€259,772-€205,446▼ 20.9%
Working capital€122,707within the sector's middle half-€94,140within the sector's middle half▼ 23.3%
Solvency34.3%within the sector's middle half-51.7%within the sector's middle half▲ 17.4pp
Current ratio1.89within the sector's middle half-1.58within the sector's middle half▼ 0.31
Return on assets (ROA)33.1%above the sector's middle half-19.8%above the sector's middle half▼ 13.3pp
above
within
below
the middle half (P25 to P75) of NACE 30, Manufacture of other transport equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 37% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €425,520
Fixed assets
€169,307 ▲ 24.9%
Current assets
€256,213 ▼ 1.5%
Equity and liabilities €425,520
Equity
€220,074 ▲ 62.0%
Debt
€205,446 ▼ 20.9%
Debt's share of the balance-sheet total falls from 65.7% to 48.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€155,548▼
2024 · €222,381
Cash flow
€116,949▼
2024 · €157,241
Quick ratio
0.89▲
2024 · 0.42
Debt to equity
0.93▼
2024 · 1.91
ROE
38.3%▼
2024 · 96.3%
Interest coverage
31.39▼
2024 · 34.04
Debt ≤ 1 year
€162,074▲
2024 · €137,288
Debt > 1 year
€35,740▼
2024 · €53,311
Income taxes
€33,998▼
2024 · €59,174
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 39,276 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
2.2%
stopped otherwise
96%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 2.0% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 39,276 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 | 2024 | 2025 | Change |
|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €26,433 | €32,684 | ▲ 23.7% |
| Other operating charges640/8 | €7,162 | €3,250 | ▼ 54.6% |
| Gross operating margin9900 | €229,543 | €158,798 | ▼ 30.8% |
| Operating profit (loss)9901 | €195,948 | €122,864 | ▼ 37.3% |
| Financial income75/76B | €568 | €354 | ▼ 37.6% |
| Recurring financial income75 | €568 | €354 | ▼ 37.6% |
| Financial charges65/66B | €6,533 | €4,955 | ▼ 24.2% |
| Recurring financial charges65 | €6,533 | €4,955 | ▼ 24.2% |
| Profit (loss) for the period before taxes9903 | €189,983 | €118,264 | ▼ 37.8% |
| Income taxes67/77 | €59,174 | €33,998 | ▼ 42.5% |
| Profit (loss) for the period9904 | €130,809 | €84,265 | ▼ 35.6% |
| Profit (loss) for the period to be appropriated9905 | €130,809 | €84,265 | ▼ 35.6% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €395,581 | €425,520 | ▲ 7.6% |
| Fixed assets21/28 | €135,586 | €169,307 | ▲ 24.9% |
| Tangible fixed assets22/27 | €135,586 | €169,307 | ▲ 24.9% |
| Land and buildings22 | €5,776 | €8,816 | ▲ 52.6% |
| Plant, machinery and equipment23 | €19,999 | €20,361 | ▲ 1.8% |
| Furniture and vehicles24 | €38,919 | €34,743 | ▼ 10.7% |
| Other tangible fixed assets26 | €70,892 | €105,387 | ▲ 48.7% |
| Current assets29/58 | €259,995 | €256,213 | ▼ 1.5% |
| Stocks and contracts in progress3 | €202,049 | €112,262 | ▼ 44.4% |
| Stocks30/36 | €202,049 | €112,262 | ▼ 44.4% |
| Amounts receivable within one year40/41 | €49,157 | €30,114 | ▼ 38.7% |
| Trade receivables40 | €48,782 | €24,001 | ▼ 50.8% |
| Other amounts receivable41 | €374 | €6,113 | ▲ 1,533% |
| Cash at bank and in hand54/58 | €8,373 | €103,809 | ▲ 1,140% |
| Deferred charges and accrued income490/1 | €416 | €10,027 | ▲ 2,311% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €395,581 | €425,520 | ▲ 7.6% |
| Equity10/15 | €135,809 | €220,074 | ▲ 62.0% |
| Contributions10/11 | €5,000 | €5,000 | = |
| Reserves13 | €130,809 | €215,074 | ▲ 64.4% |
| Distributable reserves133 | €130,809 | €215,074 | ▲ 64.4% |
| Amounts payable17/49 | €259,772 | €205,446 | ▼ 20.9% |
| Amounts payable after more than one year17 | €53,311 | €35,740 | ▼ 33.0% |
| Financial debts170/4 | €53,311 | €35,740 | ▼ 33.0% |
| Amounts payable within one year42/48 | €137,288 | €162,074 | ▲ 18.1% |
| Current portion of amounts payable after more than one year42 | €16,736 | €17,572 | ▲ 5.0% |
| Financial debts43 | €14,000 | €38,889 | ▲ 178% |
| Other loans439 | €14,000 | €38,889 | ▲ 178% |
| Trade debts44 | €41,429 | €30,252 | ▼ 27.0% |
| Suppliers440/4 | €41,429 | €30,252 | ▼ 27.0% |
| Advances received on contracts in progress46 | €26,132 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | €21,978 | €44,016 | ▲ 100% |
| Taxes450/3 | €21,978 | €44,016 | ▲ 100% |
| Other amounts payable47/48 | €17,014 | €31,345 | ▲ 84.2% |
| Accrued charges and deferred income492/3 | €69,173 | €7,633 | ▼ 89.0% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €130,809 | €84,265 | ▼ 35.6% |
| + Depreciation and write-downs630 | €26,433 | €32,684 | ▲ 23.7% |
| Operating cash flow (approximation) | €157,241 | €116,949 | ▼ 25.6% |
| Investment in fixed assets (approximation) | - | -€66,405 | - |
| Change in cash | - | €95,436 | - |
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
2026
02-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €200,000Eq €220,074 ▲62%
2 profitable years in a row build equity to €220,074.
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Aalst · 1 establishment unit since 2023
Ground area
2.0 ha
Building footprint
299 m²
Volume, LiDAR
1,469 m³
Parcel 41342B0677/00S000, Flanders · tallest building 8.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Bobat
since 20232.345.190.774
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41342B0677/00S000 | Flanders | 2.0 ha | 1 · 299 m² | 8.9 m · 2 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 48 companies in sector 30110 we hold annual accounts for 33. 19 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
Founded22-05-2023
Fiscal year end31-12
Activities, NACEBEL 2025
30110Manufacture of other transport equipment
33150Repair, maintenance and installation of machinery and equipment
33200Installation of industrial machinery and equipment
43342Specialised construction activities
50200Water transport
93129Activities of other sports clubs
E-invoicing
Reachable via Peppol
Peppol ID
0208:0801920180
Registered
17-06-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.