Losses
The 2024 and 2025 financial years closed with a loss. 2024 was the heaviest.
In July 2024, 12,322 companies had the same profile as BOCO has now. Each dot stands for 31 companies, two years later.
Another 0.4% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 12,322 companies, not a prediction for BOCO. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
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.
BOCO files the micro format. That format states no turnover. The gross margin fell from €16,003 in 2006 to €2,866 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €22,000. Estimated: probably between €10,000 and €52,000.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
58,350 | 61,354 | 64,358 | 64,358 | 67,363 | 79,172 | 81,420 | 83,713 | 85,363 | 87,048 | 88,981 | 92,372 | 94,532 | 96,958 | 99,233 | 99,406 | 102,644 | 111,464 | 120,284 | 130,524 | |
21/28 |
58,350 | 61,354 | 64,358 | 64,358 | 47,665 | 50,669 | 53,674 | 56,679 | 59,684 | 62,688 | 65,693 | 69,589 | 72,827 | 76,064 | 79,301 | 79,895 | 83,133 | 91,953 | 100,773 | 109,593 | |
22/27 |
58,350 | 61,354 | 64,358 | 64,358 | 47,665 | 50,669 | 53,674 | 56,679 | 59,684 | 62,688 | 65,693 | 69,589 | 72,827 | 76,064 | 79,301 | 79,895 | 83,133 | 91,953 | 100,773 | 109,593 | |
22 |
53,392 | 56,396 | 59,401 | 59,401 | 42,707 | 45,712 | 48,716 | 51,721 | 54,726 | 57,731 | 60,735 | 64,631 | 67,869 | 71,106 | 74,343 | 74,937 | 78,175 | 86,995 | 95,815 | 104,635 | |
23 |
4,958 | 4,958 | 4,958 | 4,958 | 4,958 | 4,958 | 4,958 | 4,958 | 4,958 | 4,958 | 4,958 | 4,958 | 4,958 | 4,958 | 4,958 | 4,958 | 4,958 | 4,958 | 4,958 | 4,958 | |
29/58 |
- | - | - | - | 19,698 | 28,503 | 27,746 | 27,034 | 25,679 | 24,360 | 23,288 | 22,783 | 21,705 | 20,894 | 19,932 | 19,511 | 19,511 | 19,511 | 19,511 | 20,931 | |
29 |
- | - | - | - | - | 9,592 | 9,592 | 9,592 | 9,592 | 9,592 | 9,592 | 9,592 | 9,592 | 9,592 | 9,592 | 9,592 | 9,592 | 9,592 | 9,592 | 9,592 | |
291 |
- | - | - | - | - | 9,592 | 9,592 | 9,592 | 9,592 | 9,592 | 9,592 | 9,592 | 9,592 | 9,592 | 9,592 | 9,592 | 9,592 | 9,592 | 9,592 | 9,592 | |
40/41 |
- | - | - | - | 18,911 | 18,154 | 17,442 | 16,087 | 14,768 | 13,697 | 12,561 | 12,114 | 11,302 | 10,340 | 9,919 | 9,919 | 9,919 | 9,919 | 9,919 | 11,339 | |
41 |
- | - | - | - | 18,911 | 18,154 | 17,442 | 16,087 | 14,768 | 13,697 | 12,561 | 12,114 | 11,302 | 10,340 | 9,919 | 9,919 | 9,919 | 9,919 | 9,919 | 11,339 | |
490/1 |
- | - | - | - | 788 | 756 | 712 | 1,355 | 1,319 | 1,071 | 1,135 | 1,077 | 811 | 962 | 421 | - | - | - | - | - | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
58,350 | 61,354 | 64,358 | 64,358 | 67,363 | 79,172 | 81,420 | 83,713 | 85,363 | 87,048 | 88,981 | 92,372 | 94,532 | 96,958 | 99,233 | 99,406 | 102,644 | 111,464 | 120,284 | 130,524 | |
10/15 |
39,613 | 43,336 | 47,904 | 37,948 | 42,805 | 47,419 | 52,870 | 52,313 | 51,446 | 55,621 | 57,961 | 61,249 | 60,910 | 65,007 | 64,787 | 63,640 | 60,378 | 60,496 | 60,699 | 61,089 | |
10/11 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
10 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
100 |
62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | 62,000 | |
13 |
3,007 | 3,007 | 3,007 | 3,007 | 3,007 | 3,007 | 3,007 | 3,007 | 3,007 | 3,007 | 3,007 | 3,007 | 3,007 | 3,007 | 2,787 | 1,640 | - | - | - | - | |
130/1 |
3,007 | 3,007 | 3,007 | 3,007 | 3,007 | 3,007 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
3,007 | 3,007 | 3,007 | 3,007 | 3,007 | 3,007 | 3,007 | 3,007 | 3,007 | 3,007 | 3,007 | 3,007 | 3,007 | 3,007 | 2,787 | 1,640 | - | - | - | - | |
14 |
-25,394 | -21,671 | -17,103 | -27,059 | -22,202 | -17,588 | -12,137 | -12,694 | -13,562 | -9,386 | -7,046 | -3,758 | -4,097 | - | - | - | -1,622 | -1,504 | -1,301 | -911 | |
17/49 |
18,737 | 18,018 | 16,454 | 26,410 | 24,558 | 31,753 | 28,550 | 31,400 | 33,917 | 31,427 | 31,020 | 31,123 | 33,622 | 31,951 | 34,446 | 35,766 | 42,266 | 50,968 | 59,585 | 69,435 | |
17 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,975 | 16,451 | 37,160 | |
170/4 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,975 | 16,451 | 37,160 | |
42/48 |
18,737 | 18,018 | 16,454 | 26,410 | 24,558 | 31,753 | 28,550 | 31,400 | 33,917 | 31,427 | 31,020 | 31,123 | 33,622 | 31,951 | 34,446 | 35,766 | 42,266 | 44,993 | 43,134 | 32,275 | |
42 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,975 | 10,476 | 20,708 | 19,575 | |
43 |
2,669 | 1,949 | 1,486 | 11,441 | 9,589 | 10,669 | 7,466 | 10,316 | 12,833 | 11,074 | 10,922 | 11,280 | 13,779 | 12,108 | 13,289 | 14,608 | 16,447 | 15,717 | 14,975 | 12,700 | |
430/8 |
2,669 | 1,949 | 1,486 | 11,441 | 9,589 | 10,669 | 7,466 | 10,316 | 12,833 | 11,074 | 10,922 | 11,280 | 13,779 | 12,108 | 13,289 | 14,608 | 16,447 | 15,717 | 14,975 | 12,700 | |
45 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,314 | 1,314 | - | - | - | - | |
450/3 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,314 | 1,314 | - | - | - | - | |
47/48 |
16,068 | 16,068 | 14,969 | 14,969 | 14,969 | 21,084 | 21,084 | 21,084 | 21,084 | 20,353 | 20,098 | 19,843 | 19,843 | 19,843 | 19,843 | 19,844 | 19,844 | 18,800 | 7,451 | - | |
| Income statement | |||||||||||||||||||||
9900 |
2,866 | 2,896 | 14,003 | 2,102 | 2,308 | 1,302 | 7,289 | 7,856 | 4,817 | 2,100 | 4,313 | 7,361 | 3,004 | 7,788 | 8,287 | 12,105 | 11,277 | 13,931 | 14,499 | 16,003 | |
630 |
3,004 | 3,004 | - | 3,004 | 3,005 | 3,005 | 3,005 | 3,005 | 3,005 | 3,005 | 3,896 | 3,238 | 3,237 | 3,237 | 3,237 | 3,237 | 8,820 | 8,820 | 8,820 | 8,820 | |
640/8 |
3,236 | 3,139 | 3,013 | 2,751 | 2,687 | 2,667 | 2,483 | 2,419 | 4,613 | 92 | 2,325 | 2,329 | 2,308 | 2,609 | 2,132 | 2,136 | - | 2,140 | 2,066 | 2,032 | |
9901 |
-3,374 | -3,248 | 10,991 | -3,654 | -3,384 | -4,369 | 1,800 | 2,432 | -2,801 | -997 | -1,908 | 1,794 | -2,541 | 1,942 | 2,918 | 6,732 | 2,457 | 2,971 | 3,613 | 5,151 | |
65/66B |
349 | 1,320 | 1,035 | 1,203 | 1,230 | 1,082 | 1,243 | 1,564 | 1,375 | 1,343 | 1,380 | 1,455 | 1,556 | 1,722 | 1,771 | 2,156 | 2,575 | 3,174 | 4,003 | 5,115 | |
65 |
349 | 1,320 | 1,035 | 1,203 | 1,230 | 1,082 | 1,243 | 1,564 | 1,375 | 1,343 | 1,380 | 1,455 | 1,556 | 1,722 | 1,771 | 2,156 | 2,575 | 3,174 | 4,003 | 5,115 | |
9903 |
-3,724 | -4,568 | 9,956 | -4,857 | -4,614 | -5,451 | 557 | 867 | -4,176 | -2,340 | -3,288 | 339 | -4,097 | 220 | 1,147 | 4,576 | -118 | -203 | -390 | 36 | |
67/77 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,314 | - | - | - | - | |
9904 |
-3,724 | -4,568 | 9,956 | -4,857 | -4,614 | -5,451 | 557 | 867 | -4,176 | -2,340 | -3,288 | 339 | -4,097 | 220 | 1,147 | 3,262 | -118 | -203 | -390 | 36 | |
9905 |
-3,724 | -4,568 | 9,956 | -4,857 | -4,614 | -5,451 | 557 | 867 | -4,176 | -2,340 | -3,288 | 339 | -4,097 | 220 | 1,147 | 3,262 | -118 | -203 | -390 | 36 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
-25,394 | -21,671 | -17,103 | -27,059 | -22,202 | -17,588 | -12,137 | -12,694 | -13,562 | -9,386 | -7,046 | -3,758 | -4,097 | 220 | 1,147 | 1,640 | -1,622 | -1,504 | -1,301 | -911 | |
14P |
-21,671 | -17,103 | -27,059 | -22,202 | -17,588 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 220 | 1,147 | 1,640 | - | - | - | - | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 220 | 1,147 | 1,640 | - | - | - | - | |
| Document | |||||||||||||||||||||
The accounts for 12 older financial years (1994-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 3 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 17-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 17-06-2026 | 2026-00167656 | |
| 31-12-2024 | micro format | 26-06-2025 | 2025-00180732 | |
| 31-12-2023 | micro format | 19-06-2024 | 2024-00140687 | |
| 31-12-2022 | micro format | 27-06-2023 | 2023-00160513 | |
| 31-12-2021 | micro format | 21-06-2022 | 2022-20076545 | |
| 31-12-2020 | abbreviated format | 21-06-2021 | 2021-22000311 | |
| 31-12-2019 | abbreviated format | 14-07-2020 | 2020-30000349 | |
| 31-12-2018 | abbreviated format | 11-06-2019 | 2019-17600198 | |
| 31-12-2017 | abbreviated format | 06-06-2018 | 2018-16300574 | |
| 31-12-2016 | abbreviated format | 19-06-2017 | 2017-18700247 | |
| 31-12-2015 | abbreviated format | 21-06-2016 | 2016-20600571 | |
| 31-12-2014 | abbreviated format | 22-06-2015 | 2015-20400234 | |
| 31-12-2013 | abbreviated format | 27-06-2014 | 2014-23400125 | |
| 31-12-2012 | abbreviated format | 19-06-2013 | 2013-19600014 | |
| 31-12-2011 | abbreviated format | 26-06-2012 | 2012-21500419 | |
| 31-12-2010 | abbreviated format | 08-07-2011 | 2011-27600444 | |
| 31-12-2009 | abbreviated format | 29-06-2010 | 2010-24500258 | |
| 31-12-2008 | abbreviated format | 16-06-2009 | 2009-23800260 | |
| 31-12-2007 | abbreviated format | 24-06-2008 | 2008-28000277 | |
| 31-12-2006 | abbreviated format | 04-06-2007 | 2007-18400035 | |
| 31-12-2005 | abbreviated format | 18-07-2006 | 2006-48702301 | |
| 31-12-2004 | abbreviated format | 19-07-2005 | 2005-52000673 | |
| 31-12-2003 | abbreviated format | 26-07-2004 | 2004-50700046 | |
| 31-12-2002 | abbreviated format | 22-07-2003 | 2003-47805187 | |
| 31-12-2001 | abbreviated format | 06-08-2002 | 2002-46004118 | |
| 31-12-2000 | abbreviated format | 12-07-2001 | 2001-37203948 | |
| 31-12-1999 | abbreviated format | 13-07-2000 | 2000-41401814 | |
| 31-12-1998 | abbreviated format | 27-07-1999 | 1999-37100983 | |
| 31-12-1997 | abbreviated format | 24-07-1998 | 1998-35701428 | |
| 31-12-1996 | abbreviated format | 08-07-1997 | 1997-28600225 | |
| 31-12-1995 | abbreviated format | 28-06-1996 | 1996-27003903 | |
| 31-12-1994 | abbreviated format | 11-09-1995 | 1995-48804224 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -370 | -243 | - | -649 | -379 | -1,365 | 4,805 | 5,437 | 204 | 2,008 | 1,988 | 5,032 | 696 | 5,179 | 6,155 | 9,969 | 11,277 | 11,791 | 12,433 | 13,971 | ||
| -719 | -1,563 | - | -1,852 | -1,609 | -2,447 | 3,562 | 3,872 | -1,171 | 665 | 608 | 3,577 | -860 | 3,457 | 4,384 | 6,499 | 8,702 | 8,617 | 8,430 | 8,856 | ||
| 0 | 0 | - | 19,698 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2,643 | -1 | 0 | 0 | 0 | - | ||
| - | - | - | - | -4,859 | -3,251 | -804 | -4,366 | -8,238 | -7,067 | -7,732 | -8,340 | -11,917 | -11,057 | -14,514 | -16,255 | -22,755 | -25,482 | -23,623 | -11,344 | ||
| 67.9% | 70.6% | 74.4% | 59.0% | 63.5% | 59.9% | 64.9% | 62.5% | 60.3% | 63.9% | 65.1% | 66.3% | 64.4% | 67.0% | 65.3% | 64.0% | 58.8% | 54.3% | 50.5% | 46.8% | ||
| - | - | - | - | 0.80 | 0.90 | 0.97 | 0.86 | 0.76 | 0.78 | 0.75 | 0.73 | 0.65 | 0.65 | 0.58 | 0.55 | 0.46 | 0.43 | 0.45 | 0.65 | ||
| 0.47 | 0.42 | 0.34 | 0.70 | 0.57 | 0.67 | 0.54 | 0.60 | 0.66 | 0.57 | 0.54 | 0.51 | 0.55 | 0.49 | 0.53 | 0.56 | 0.70 | 0.84 | 0.98 | 1.14 | ||
| -9.4% | -10.5% | 20.8% | -12.8% | -10.8% | -11.5% | 1.1% | 1.7% | -8.1% | -4.2% | -5.7% | 0.6% | -6.7% | 0.3% | 1.8% | 5.1% | -0.2% | -0.3% | -0.6% | 0.1% | ||
| -6.4% | -7.4% | 15.5% | -7.5% | -6.8% | -6.9% | 0.7% | 1.0% | -4.9% | -2.7% | -3.7% | 0.4% | -4.3% | 0.2% | 1.2% | 3.3% | -0.1% | -0.2% | -0.3% | 0.0% | ||
| -1.06 | -0.18 | - | -0.54 | -0.31 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €19,698 | - |
| €3,004 | €3,004 | - | €3,004 | €3,005 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €3,374, larger than the loss of €3,248 in 2024. It is the lowest result since 2022.
Debt's share of the balance-sheet total rises from 29.4% to 32.1%. Equity is lower and debt is higher.
BOCO has no parent and no holdings in its annual accounts. BOCO shares no director with another company.
| INTERCO
registered office since 03-03-1994 · founded in 1994 |
total assets €389,159 (2025) 0452.013.862 |
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Postelarenweg 231 registered office 2400 Mol 68201 Renting and operating of own or leased residential real estate, excluding social housing | 03-03-1994 | 2.065.781.482 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 13434F0223/00C000 | 184 m² | 1 · 190 m² | 8.2 m · 1 |
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