BOCA
ActiveSummary
BOCA has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €238,960 and a net result of €5,274. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 92% of 1660 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▲+2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €21,000 at 30 days acceptable
Liquidity ample (current ratio 9.17 against 8.2 in 2024; short-term debt: 7.1% and cash: 55.6% of total assets), and 7.5% 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○neutral
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
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
92.5%
Return on assets
2%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 04-08-2026, 4 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
4 d late
2024
11 d late
2023
on the day
2022
21 d late
2021
48 d early
2020
11 d late
2019
36 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 5 days before the deadline; the sector median for financial year 2024 is 6 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€238,960▲ 2.3%
2024 · €233,686
Total assets
€258,237▲ 2.1%
2024 · €253,008
Net result
€5,274▲ 541%
2024 · €822
Working capital
€149,963▲ 8.1%
2024 · €138,763
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€727▼ 45.2%€1,961▲ 170%€592▼ 69.8%€2,204▲ 272%€6,904▲ 213%
Net result€605▲ 1,020%€1,842▲ 204%-€300€822€5,274▲ 541%
Equity€231,321▲ 0.3%€233,163▲ 0.8%€232,864▼ 0.1%€233,686▲ 0.4%€238,960▲ 2.3%
Total assets€250,001▼ 2.1%€258,532▲ 3.4%€250,391▼ 3.1%€253,008▲ 1.0%€258,237▲ 2.1%
Debt€18,680▼ 24.4%€25,369▲ 35.8%€17,527▼ 30.9%€19,322▲ 10.2%€19,277▼ 0.2%
Working capital€124,312▲ 4.2%€130,562▲ 5.0%€134,667▲ 3.1%€138,763▲ 3.0%€149,963▲ 8.1%
Staff (FTE)1=11=
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 213% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €258,237
Fixed assets
€89,921 ▼ 5.3%
Current assets
€168,316 ▲ 6.5%
Equity and liabilities €258,237
Equity
€238,960 ▲ 2.3%
Debt
€19,277 ▼ 0.2%
Debt's share of the balance-sheet total falls from 7.6% to 7.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€11,962▲
2024 · €5,421
Cash flow
€10,332▲
2024 · €4,039
Current ratio
9.17▲
2024 · 8.20
Debt to equity
0.08▼
2024 · 0.08
ROE
2.2%▲
2024 · 0.4%
ROA
2.0%▲
2024 · 0.3%
Interest coverage
21.19▼
2024 · 23.05
Debt ≤ 1 year
€18,353▼
2024 · €19,266
Income taxes
€1,450▲
2024 · €1,386
Staff costs
€49,954▼
2024 · €54,572
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 16,986 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.2% 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 497,058 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% | 1.6% |
| 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 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 16,986 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 |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €47,472 | €48,526 | €54,112 | €54,572 | €49,954 | ▼ 8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,408 | €4,408 | €4,405 | €3,217 | €5,058 | ▲ 57.2% |
| Other operating charges640/8 | €1,925 | €2,924 | €2,114 | €2,203 | €2,280 | ▲ 3.5% |
| Gross operating margin9900 | €54,532 | €57,819 | €61,223 | €62,196 | €64,197 | ▲ 3.2% |
| Operating profit (loss)9901 | €727 | €1,961 | €592 | €2,204 | €6,904 | ▲ 213% |
| Financial income75/76B | €91 | €92 | €117 | €240 | €385 | ▲ 60.6% |
| Recurring financial income75 | €47 | €47 | €67 | €188 | €338 | ▲ 79.5% |
| Non-recurring financial income76B | €44 | €45 | €50 | €51 | €47 | ▼ 8.9% |
| Financial charges65/66B | €213 | €211 | €231 | €235 | €565 | ▲ 140% |
| Recurring financial charges65 | €213 | €211 | €231 | €235 | €565 | ▲ 140% |
| Profit (loss) for the period before taxes9903 | €605 | €1,842 | €478 | €2,208 | €6,724 | ▲ 204% |
| Income taxes67/77 | - | - | €778 | €1,386 | €1,450 | ▲ 4.6% |
| Profit (loss) for the period9904 | €605 | €1,842 | -€300 | €822 | €5,274 | ▲ 541% |
| Profit (loss) for the period to be appropriated9905 | €605 | €1,842 | -€300 | €822 | €5,274 | ▲ 541% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €250,001 | €258,532 | €250,391 | €253,008 | €258,237 | ▲ 2.1% |
| Fixed assets21/28 | €107,009 | €102,601 | €98,197 | €94,980 | €89,921 | ▼ 5.3% |
| Intangible fixed assets21 | - | - | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €104,652 | €100,244 | €95,840 | €92,623 | €87,564 | ▼ 5.5% |
| Land and buildings22 | €102,830 | €98,877 | €94,928 | €92,167 | €87,564 | ▼ 5.0% |
| Plant, machinery and equipment23 | €1,822 | €1,367 | €912 | €456 | €0 | ▼ 100% |
| Furniture and vehicles24 | - | - | €0 | €0 | €0 | - |
| Financial fixed assets28 | €2,357 | €2,357 | €2,357 | €2,357 | €2,357 | = |
| Current assets29/58 | €142,992 | €155,931 | €152,194 | €158,028 | €168,316 | ▲ 6.5% |
| Amounts receivable within one year40/41 | €11,140 | €11,933 | €21,384 | €27,317 | €24,836 | ▼ 9.1% |
| Trade receivables40 | €11,140 | €11,933 | €21,384 | €27,317 | €24,836 | ▼ 9.1% |
| Cash at bank and in hand54/58 | €131,852 | €143,998 | €130,810 | €130,711 | €143,481 | ▲ 9.8% |
| Deferred charges and accrued income490/1 | - | - | - | €0 | €0 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €250,001 | €258,532 | €250,391 | €253,008 | €258,237 | ▲ 2.1% |
| Equity10/15 | €231,321 | €233,163 | €232,864 | €233,686 | €238,960 | ▲ 2.3% |
| Contributions10/11 | €125,000 | €125,000 | €125,000 | €125,000 | €125,000 | = |
| Capital10 | €125,000 | €125,000 | €125,000 | €125,000 | €125,000 | = |
| Issued capital100 | €125,000 | €125,000 | €125,000 | €125,000 | €125,000 | = |
| Reserves13 | €15,868 | €15,868 | €15,869 | €15,869 | €15,869 | = |
| Non-distributable reserves130/1 | €10,762 | €10,762 | €10,763 | €10,763 | €10,762 | = |
| Legal reserve130 | €10,762 | €10,762 | €10,763 | €10,763 | €10,762 | = |
| Distributable reserves133 | €5,106 | €5,106 | €5,106 | €5,106 | €5,106 | = |
| Profit (loss) carried forward14 | €90,453 | €92,295 | €91,995 | €92,818 | €98,091 | ▲ 5.7% |
| Amounts payable17/49 | €18,680 | €25,369 | €17,527 | €19,322 | €19,277 | ▼ 0.2% |
| Amounts payable within one year42/48 | €18,680 | €25,369 | €17,527 | €19,266 | €18,353 | ▼ 4.7% |
| Trade debts44 | €4,941 | €9,965 | €1,384 | €1,187 | €1,616 | ▲ 36.1% |
| Suppliers440/4 | €4,941 | €9,965 | €1,384 | €1,187 | €1,616 | ▲ 36.1% |
| Taxes, remuneration and social security45 | €13,739 | €15,404 | €16,143 | €18,078 | €16,737 | ▼ 7.4% |
| Taxes450/3 | €2,401 | €4,283 | €4,693 | €6,255 | €5,808 | ▼ 7.1% |
| Remuneration and social security454/9 | €11,338 | €11,121 | €11,450 | €11,824 | €10,928 | ▼ 7.6% |
| Accrued charges and deferred income492/3 | - | - | - | €56 | €924 | ▲ 1,550% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €605 | €1,842 | -€300 | €822 | €5,274 | ▲ 541% |
| + Depreciation and write-downs630 | €4,408 | €4,408 | €4,405 | €3,217 | €5,058 | ▲ 57.2% |
| Operating cash flow (approximation) | €5,013 | €6,250 | €4,105 | €4,039 | €10,332 | ▲ 156% |
| Investment in fixed assets (approximation) | - | €0 | -€1 | €0 | €1 | ▲ 60.6% |
| Change in cash | - | €12,146 | -€13,188 | -€99 | €12,769 | ▲ 13,018% |
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
04-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 4 days late
2025
31-12
Financial
Highest result since 2018net €5,274 ▲541%
Operating result €6,904, net result €5,274, both a record.
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
31-12
Financial
Back to profitnet €822
Net result €822 after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
25-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €2,908
Net result €2,908 after one loss-making year.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
28-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
26-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 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
4 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, Eeklo · 1 establishment unit since 1985
Ground area
825 m²
Building footprint
160 m²
Volume, LiDAR
911 m³
Parcel 43352F0241/00S003, Flanders · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BOCA NV
since 19852.025.839.852
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43352F0241/00S003 | Flanders | 825 m² | 1 · 160 m² | 6.5 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 2,711 companies in sector 73200 we hold annual accounts for 1,781. 1,337 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
Founded14-12-1984
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
73200Market research and public opinion polling
E-invoicing
Reachable via Peppol
Peppol ID
0208:0426569475
Registered
06-08-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.