Equity
Bococo has made a profit without a break since 2021.
Bococo has made a profit without a break since 2021.
Green is investment, beige is depreciation. Land and buildings stand 38.4% higher than in 2024.
More equity than 88% of companies in head offices and management consultancy. Sector median €78,265 · 39,367 companies.
The dashed line is the sector median: 0.1% across 48,555 companies (NACE 70, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 32% of them on solvency, 28% on liquidity, 29% on profitability and 67% on growth.
The bankruptcy probability was computed on 06-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-06-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 17,811 companies had the same profile as Bococo has now. Each dot stands for 45 companies, two years later.
That fits the bankruptcy probability of Bococo itself: 0.1% within 12 months.
The method was tested on the 497,447 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 17,811 companies, not a prediction for Bococo. 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.
Liquidity is tight, with a current ratio of 1.16 (1.08 in 2024), below the usual 1.5. Short-term debt is 14.4% and cash 0.6% of total assets. 68.3% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average 9 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| Bococo Merelbeke-Melle | €1.6m | €268,165 | 31.7% | - |
| DEMERRE Lievegem | €1.4m | €288,032 | 49.8% | - |
| Debali Oosterzele | €1.4m | €304,650 | 97.1% | - |
| Papillon Pharmaceutical Solutions Ghent | €1.7m | €294,717 | 91.8% | - |
| MCIM Eeklo | €1.8m | €282,915 | 35.3% | - |
| GROUP DELBEKE Zulte | €1.3m | €280,171 | 55.0% | - |
| C-Consulting Sint-Martens-Latem | €1.8m | €306,586 | 59.4% | 0.7 |
These companies have the same main activity as Bococo: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €1.3m and €1.8m, founded between 2015 and 2017.
Bococo files the micro format. That format states no turnover. The gross margin rose from €135,876 in 2018 to €268,165 in 2025.
The balance sheet grew most from 2023 to 2025 through fixed assets.
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 ≈ €380,000. Estimated: probably between €320,000 and €670,000.
Higher than 31% of 39,335 companies in 2025.
Higher than 30% of 38,020 companies in 2025.
Higher than 32% of 38,492 companies in 2025.
Net result: top quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
1.6m | 1.4m | 1.0m | 391,318 | 353,212 | 367,439 | 267,197 | 191,421 | |
21/28 |
1.3m | 960,695 | 980,513 | 298,752 | 308,550 | 325,789 | 221,165 | - | |
22/27 |
1.3m | 960,695 | 980,513 | 298,752 | 308,550 | 325,789 | 221,165 | - | |
22 |
1.3m | 932,998 | 954,500 | 288,791 | 296,972 | 303,918 | 215,769 | - | |
23 |
3,072 | 3,786 | 5,369 | 982 | 1,510 | - | - | - | |
24 |
1,499 | 3,918 | 6,786 | 8,213 | 9,110 | 10,674 | 3,900 | - | |
26 |
205 | 392 | 579 | 766 | 957 | 1,197 | 1,496 | - | |
27 |
- | 19,601 | 13,279 | - | - | 10,000 | - | - | |
29/58 |
260,541 | 470,516 | 64,923 | 92,566 | 44,662 | 41,650 | 46,033 | 191,421 | |
3 |
213,784 | 431,872 | - | - | - | - | - | - | |
30/36 |
213,784 | 431,872 | - | - | - | - | - | - | |
40/41 |
32,232 | 32,231 | 23,510 | 23,051 | 28,303 | 28,566 | 20,354 | 46,646 | |
40 |
32,232 | 32,231 | 23,510 | 22,789 | 20,279 | 28,566 | 20,354 | 46,643 | |
41 |
- | - | - | 261 | 8,024 | - | - | 3 | |
54/58 |
9,930 | 1,363 | 38,060 | 64,978 | 11,928 | 9,967 | 22,333 | 143,270 | |
490/1 |
4,595 | 5,050 | 3,353 | 4,537 | 4,432 | 3,117 | 3,346 | 1,505 | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
1.6m | 1.4m | 1.0m | 391,318 | 353,212 | 367,439 | 267,197 | 191,421 | |
10/15 |
492,866 | 410,818 | 364,871 | 358,235 | 294,788 | 268,640 | 98,199 | 91,483 | |
10/11 |
193,550 | 193,550 | 193,550 | 193,550 | 193,550 | - | 18,550 | 18,550 | |
100 |
- | - | - | - | - | - | 18,550 | 18,550 | |
11 |
- | - | - | - | - | 193,550 | - | - | |
1100/10 |
- | - | - | - | - | 193,550 | - | - | |
13 |
299,316 | 217,268 | 171,321 | 164,685 | 101,238 | 79,649 | 79,649 | 72,933 | |
130 |
- | - | - | - | - | - | 1,855 | 1,855 | |
133 |
299,316 | 217,268 | 171,321 | 164,685 | 101,238 | 79,649 | 77,794 | 71,078 | |
14 |
- | - | - | - | - | -4,559 | - | - | |
16 |
- | - | - | - | - | - | 10,000 | - | |
160/5 |
- | - | - | - | - | - | 10,000 | - | |
163 |
- | - | - | - | - | - | 10,000 | - | |
17/49 |
1.1m | 1.0m | 680,565 | 33,082 | 58,424 | 98,799 | 158,998 | 99,938 | |
17 |
834,946 | 579,598 | 612,983 | - | - | - | 77,500 | - | |
170/4 |
834,946 | 579,598 | 612,983 | - | - | - | - | - | |
178/9 |
- | - | - | - | - | - | 77,500 | - | |
42/48 |
223,828 | 434,795 | 64,198 | 32,712 | 56,236 | 93,671 | 77,274 | 97,438 | |
42 |
51,259 | 33,385 | 32,017 | - | - | - | - | - | |
43 |
- | 328,000 | - | - | - | - | - | - | |
430/8 |
- | 328,000 | - | - | - | - | - | - | |
44 |
15,622 | 3,687 | 13,247 | 1,424 | 15,063 | 12,438 | 10,910 | 3,036 | |
440/4 |
15,622 | 3,687 | 13,247 | 1,424 | 15,063 | 12,438 | 10,910 | 3,036 | |
45 |
46,956 | 35,050 | 17,150 | 29,311 | 4,407 | 10,205 | 48,076 | 81,497 | |
450/3 |
46,956 | 35,050 | 17,150 | 29,311 | 4,407 | 3,955 | 7,879 | 62,712 | |
454/9 |
- | - | - | - | - | 6,250 | 40,197 | 18,785 | |
47/48 |
109,992 | 34,673 | 1,783 | 1,977 | 36,766 | 71,028 | 18,288 | 12,905 | |
492/3 |
5,000 | 6,000 | 3,384 | 371 | 2,188 | 5,128 | 4,224 | 2,500 | |
| Income statement | |||||||||
9900 |
268,165 | 127,194 | 121,680 | 104,822 | 57,875 | 2,579 | 56,665 | 135,876 | |
630 |
74,632 | 26,141 | 103,962 | 12,798 | 11,483 | 8,623 | 31,377 | 658 | |
631/4 |
- | - | - | - | - | 1,822 | - | - | |
635/8 |
- | - | - | - | - | -10,000 | 10,000 | - | |
640/8 |
5,069 | 6,138 | 4,287 | 3,039 | 3,009 | 2,960 | 1,982 | 8,572 | |
66A |
19,601 | - | - | - | 10,000 | - | - | - | |
9901 |
168,862 | 94,915 | 13,431 | 88,986 | 33,383 | -826 | 13,306 | 126,646 | |
75/76B |
0 | 0 | 0 | 0 | 0 | - | 120 | - | |
75 |
0 | 0 | 0 | 0 | 0 | - | 120 | - | |
65/66B |
50,797 | 27,361 | 2,335 | 47 | 76 | 3,467 | 2,453 | 1,420 | |
65 |
50,797 | 27,361 | 2,335 | 47 | 76 | 3,467 | 2,453 | 1,420 | |
9903 |
118,065 | 67,555 | 11,097 | 88,938 | 33,307 | -4,293 | 10,973 | 125,227 | |
67/77 |
36,017 | 21,608 | 4,461 | 25,491 | 7,159 | 267 | 4,257 | 52,293 | |
9904 |
82,048 | 45,946 | 6,636 | 63,447 | 26,149 | -4,559 | 6,716 | 72,933 | |
9905 |
82,048 | 45,946 | 6,636 | 63,447 | 26,149 | -4,559 | 6,716 | 72,933 | |
| Appropriation of the result | |||||||||
9906 |
82,048 | 45,946 | 6,636 | 63,447 | 21,589 | -4,559 | 6,716 | 72,933 | |
691/2 |
82,048 | 45,946 | 6,636 | 63,447 | 21,589 | - | 6,716 | 72,933 | |
6920 |
- | - | - | - | - | - | - | 1,855 | |
6921 |
82,048 | 45,946 | 6,636 | 63,447 | 21,589 | - | 6,716 | 71,078 | |
| Document | |||||||||
The notes to these accounts have 11 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 29-01-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 29-01-2026 | 2026-00019260 | |
| 30-06-2024 | micro format | 06-02-2025 | 2025-00031265 | |
| 30-06-2023 | micro format | 26-01-2024 | 2024-00008335 | |
| 30-06-2022 | micro format | 19-12-2022 | 2022-20545896 | |
| 30-06-2021 | micro format | 14-01-2022 | 2022-01200502 | |
| 30-06-2020 | micro format | 28-01-2021 | 2021-02700016 | |
| 30-06-2019 | abbreviated format | 29-01-2020 | 2020-03200522 | |
| 30-06-2018 | abbreviated format | 28-01-2019 | 2019-02700151 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| 243,494 | 121,056 | 117,393 | 101,783 | 44,866 | 7,797 | 44,683 | 127,304 | ||
| 156,680 | 72,087 | 110,597 | 76,245 | 37,632 | 4,064 | 38,093 | 73,591 | ||
| 429,637 | 6,322 | 785,723 | 3,000 | 4,244 | 113,247 | 252,542 | - | ||
| 8,567 | -36,697 | -26,918 | 53,050 | 1,961 | -12,366 | -120,937 | - | ||
| 36,713 | 35,720 | 725 | 59,854 | -11,573 | -52,022 | -31,241 | 93,983 | ||
| 31.7% | 28.7% | 34.9% | 91.5% | 83.5% | 73.1% | 36.8% | 47.8% | ||
| 1.16 | 1.08 | 1.01 | 2.83 | 0.79 | 0.44 | 0.60 | 1.96 | ||
| 0.21 | 0.09 | 1.01 | 2.83 | 0.79 | 0.44 | 0.60 | 1.96 | ||
| 2.16 | 2.48 | 1.87 | 0.09 | 0.20 | 0.37 | 1.62 | 1.09 | ||
| 16.6% | 11.2% | 1.8% | 17.7% | 8.9% | -1.7% | 6.8% | 79.7% | ||
| 5.3% | 3.2% | 0.6% | 16.2% | 7.4% | -1.2% | 2.5% | 38.1% | ||
| 4.79 | 4.42 | 50.29 | over 100 | - | - | - | - |
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 | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Mortgages, amount registered | €75,000 | €75,000 | - | - |
| €1.2m | €1.2m | - | - | |
| Carrying value of the mortgaged assets | €1.2m | €1.4m | - | - |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €429,637 | €6,322 | €785,723 | €3,000 |
| €74,632 | €26,141 | €103,962 | €12,798 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 78% higher than in 2024 and the highest since 2018. It is the second rise in a row, after the fall in 2023.
Debt's share of the balance-sheet total falls from 71.3% to 68.3%. Equity and debt are higher.
Bococo has no parent and no holdings in its annual accounts. Bondroit Nico is the only director.
The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
Deadline for the 2026 accounts: 31-01-2027
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 |
|---|---|---|
| Bondroit Consult registered office Roskamstraat 7B, 9820 Merelbeke-Melle | 18-10-2016 | 2.257.982.133 |
| 29-07-2024 | Granted | Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden submitted 08-02-2024 · project 2024013179 | Wetteren |
Source: Omgevingsloket Vlaanderen.
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 44043A0666/00Z028 | 698 m² | 1 · 234 m² | 9.1 m · 2 |
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