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BOCON

Active
Private limited company (pre-2019)founded 2001active for 25 yearsVinkstraat(LST) 21, 2811 Mechelen, BelgiumKBO/BCE: BE 0475.248.530
Summary

The computed 12-month bankruptcy probability of BOCON is 6.6% (elevated). For BOCON, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €123,429 and a net result of -€4,133. Equity is shrinking by about 4.7% per year across the filed financial years. The company has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known1 site
Size
€140,278total assets 2023
Equity
€123,429
Loss
-€4,133
Turnover not published (micro format)
Financial health
Bankruptcy probabilitywithin 12 months
6.6%
2023 figures too old to score
Structure
2024 accounts not filed, 453 days past the deadline3 deeds in the Belgian Official Gazette
Signalsraises riskFigures for financial year 2023 (filed 27-12-2024)2 financial years not filed after the legal deadline; last filed accounts filed 140 days late; 2 of the last 3 lateTwo or more financial years not filed2023 accounts filed 140 days latelowers riskSize: total assets €140,278Founded in 2001Show the evidence

Bankruptcy probability

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2022
Strong
Solvency 100=
equity 88.0% of total assets
Liquidity 49-2
short-term debt 12.0% · cash 0.6%
Profitability 65+27
return on assets -2.9%
Bankruptcy probability, 12 months
6.6% Elevated
0%0.5%1.5%4%10%≥ 25%

About 7 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 1.7% 12-2024: 2.3%▲ +0.6 percentage points vs 11-2024 01-2025: 0.9%▼ -1.4 percentage points vs 12-2024 02-2025: 0.9%● unchanged vs 01-2025 03-2025: 0.9%● unchanged vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025lowest value 06-2025: 1.0%▲ +0.1 percentage points vs 05-2025 07-2025: 1.1%▲ +0.1 percentage points vs 06-2025 08-2025: 1.6%▲ +0.5 percentage points vs 07-2025 09-2025: 1.7%▲ +0.1 percentage points vs 08-2025 10-2025: 2.3%▲ +0.6 percentage points vs 09-2025 11-2025: 2.4%▲ +0.1 percentage points vs 10-2025 12-2025: 3.1%▲ +0.7 percentage points vs 11-2025 01-2026: 6.1%▲ +3.0 percentage points vs 12-2025 02-2026: 6.1%● unchanged vs 01-2026 03-2026: 6.3%▲ +0.2 percentage points vs 02-2026 04-2026: 6.0%▼ -0.3 percentage points vs 03-2026 05-2026: 6.0%● unchanged vs 04-2026 06-2026: 6.0%● unchanged vs 05-2026 07-2026: 6.0%● unchanged vs 06-2026 08-2026: 6.6%▲ +0.6 percentage points vs 07-2026highest value 09-2026: 6.6%● unchanged vs 08-2026highest value 10-2026: 6.6%● unchanged vs 09-2026highest value
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Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2023 (filed 27-12-2024)
NBB · annual accounts
raises risk · 2 financial years not filed after the legal deadline; last filed accounts filed 140 days late; 2 of the last 3 late
NBB · filings
lowers risk · Size: total assets €140,278
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Founded in 2001
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2024 year end31-07-2025 deadline27-10-2026 today
raises risk · 2023 accounts filed 140 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 18-12-2024, 140 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
not filed
2023
140 days late
2022
49 days late
2021
30 days late
2020
30 days late
2019
101 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 5 accounts on average 70 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2023 · micro…
  2. Annual accounts filedfinancial year 2022 · micro…
  3. Annual accounts filedfinancial year 2021 · micro…

Financials · financial year 2023, micro format

2024 annual accounts not yet filed, deadline passed on 31 July 2025 Financial year closed on 31 December 2024; filing due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 27 October 2026.

Equity
€123,429▼ 3.2%
2022 · €127,562
Total assets
€140,278▼ 2.2%
2022 · €143,379
Net result
-€4,133▲ 41.6%
2022 · -€7,073
Working capital
€48,629▲ 6.6%
2022 · €45,611
Trend over the years

2019 to 2023, 5 financial years 2018 to 2023, 6 financial years

The operating result stays negative: a loss of €5,153 in 2023 against €7,034 in 2022; the loss shrinks.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€5,153 2023 Net result-€4,133 2023

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line201820192020202120222023
Operating result€31,024--€12,331-€8,803▲ 28.6%-€5,279▲ 40.0%-€7,034▼ 33.3%-€5,153▲ 26.7%
Net result€30,153--€12,745-€6,981▲ 45.2%-€5,316▲ 23.8%-€7,073▼ 33.0%-€4,133▲ 41.6%
Equity€159,678-€146,933▼ 8.0%€139,952▼ 4.8%€134,635▼ 3.8%€127,562▼ 5.3%€123,429▼ 3.2%
Total assets€235,626-€184,233▼ 21.8%€177,762▼ 3.5%€171,302▼ 3.6%€143,379▼ 16.3%€140,278▼ 2.2%
Debt€75,948-€37,300▼ 50.9%€37,810▲ 1.4%€36,666▼ 3.0%€15,816▼ 56.9%€16,848▲ 6.5%
Working capital€49,121-€43,527▼ 11.4%€43,698▲ 0.4%€45,533▲ 4.2%€45,611▲ 0.2%€48,629▲ 6.6%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €140,278
Fixed assets €74,800 ▼ 8.7%
Current assets €65,477 ▲ 6.6%
Equity and liabilities €140,278
Equity €123,429 ▼ 3.2%
Debt €16,848 ▲ 6.5%
Debt's share of the balance-sheet total rises from 11.0% to 12.0%. Equity is lower and debt is higher.
Key figures and ratios
2023 value · change against 2022
EBITDA
€1,998▲
2022 · €117
Cash flow
€3,018▲
2022 · €78
Current ratio
3.89▲
2022 · 3.88
Debt to equity
0.14▲
2022 · 0.12
ROE
-3.3%▲
2022 · -5.5%
ROA
-2.9%▲
2022 · -4.9%
Interest coverage
42.58▲
2022 · 3.01
Debt ≤ 1 year
€16,848▲
2022 · €15,816
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 35 lines
Balance sheet Code20222023
Assets
Total assets20/58€143,379€140,278▼
Fixed assets21/28€81,951€74,800▼
Tangible fixed assets22/27€81,951€74,800▼
Land and buildings22€81,951€74,800▼
Current assets29/58€61,427€65,477▲
Amounts receivable within one year40/41€59,241€64,642▲
Trade receivables40€38,911€43,711▲
Other amounts receivable41€20,329€20,931▲
Cash at bank and in hand54/58€2,187€835▼
Equity and liabilities
Total equity and liabilities10/49€143,379€140,278▼
Equity10/15€127,562€123,429▼
Contributions10/11€139,000€139,000=
Reserves13€20,678€20,678=
Non-distributable reserves130/1€1,077€1,077=
Reserves not available under the articles1311€1,077€1,077=
Distributable reserves133€19,601€19,601=
Profit (loss) carried forward14-€32,115-€36,248▼
Amounts payable17/49€15,816€16,848▲
Amounts payable within one year42/48€15,816€16,848▲
Trade debts44€10,341€11,372▲
Suppliers440/4€10,341€11,372▲
Other amounts payable47/48€5,476€5,476=
Income statement Code20222023
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,151€7,151=
Other operating charges640/8€1,593€1,736▲
Gross operating margin9900€1,711€3,734▲
Operating profit (loss)9901-€7,034-€5,153▲
Financial income75/76B-€1,067
Recurring financial income75-€1,067
Financial charges65/66B€39€47▲
Recurring financial charges65€39€47▲
Profit (loss) for the period before taxes9903-€7,073-€4,133▲
Profit (loss) for the period9904-€7,073-€4,133▲
Profit (loss) for the period to be appropriated9905-€7,073-€4,133▲
Appropriation of the result
Profit (loss) to be appropriated9906-€32,115-€36,248▼
Profit (loss) brought forward from the previous period14P-€25,042-€32,115▼

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201820192020202120222023Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,298€7,151€7,151€7,151€7,151€7,151=
Other operating charges640/8---€1,573€1,593€1,736▲ 9.0%
Gross operating margin9900€40,658-€3,338-€303€3,446€1,711€3,734▲ 118%
Operating profit (loss)9901€31,024-€12,331-€8,803-€5,279-€7,034-€5,153▲ 26.7%
Financial income75/76B-----€1,067-
Recurring financial income75€878€0---€1,067-
Financial charges65/66B---€38€39€47▲ 20.4%
Recurring financial charges65€114€274€213€38€39€47▲ 20.4%
Profit (loss) for the period before taxes9903€31,788-€12,605-€6,981-€5,316-€7,073-€4,133▲ 41.6%
Income taxes67/77€1,636€140-----
Profit (loss) for the period9904€30,153-€12,745-€6,981-€5,316-€7,073-€4,133▲ 41.6%
Profit (loss) for the period to be appropriated9905€30,153-€12,745-€6,981-€5,316-€7,073-€4,133▲ 41.6%
Line201820192020202120222023Change
Assets
Total assets20/58€235,626€184,233€177,762€171,302€143,379€140,278▼ 2.2%
Fixed assets21/28€110,557€103,405€96,254€89,103€81,951€74,800▼ 8.7%
Tangible fixed assets22/27€110,557€103,405€96,254€89,103€81,951€74,800▼ 8.7%
Land and buildings22---€89,103€81,951€74,800▼ 8.7%
Current assets29/58€125,069€80,827€81,508€82,199€61,427€65,477▲ 6.6%
Amounts receivable within one year40/41€104,273€32,318€50,351€53,858€59,241€64,642▲ 9.1%
Trade receivables40---€34,111€38,911€43,711▲ 12.3%
Other amounts receivable41---€19,747€20,329€20,931▲ 3.0%
Cash at bank and in hand54/58€20,796€48,509€31,157€28,340€2,187€835▼ 61.8%
Equity and liabilities
Total equity and liabilities10/49€235,626€184,233€177,762€171,302€143,379€140,278▼ 2.2%
Equity10/15€159,678€146,933€139,952€134,635€127,562€123,429▼ 3.2%
Contributions10/11€139,000€139,000-€139,000€139,000€139,000=
Reserves13€20,678€20,678€20,678€20,678€20,678€20,678=
Non-distributable reserves130/1---€1,077€1,077€1,077=
Reserves not available under the articles1311---€1,077€1,077€1,077=
Distributable reserves133---€19,601€19,601€19,601=
Profit (loss) carried forward14--€12,745-€19,726-€25,042-€32,115-€36,248▼ 12.9%
Amounts payable17/49€75,948€37,300€37,810€36,666€15,816€16,848▲ 6.5%
Amounts payable within one year42/48€75,948€37,300€37,810€36,666€15,816€16,848▲ 6.5%
Trade debts44€36,067€34,595€33,517€31,190€10,341€11,372▲ 10.0%
Suppliers440/4---€31,190€10,341€11,372▲ 10.0%
Other amounts payable47/48---€5,476€5,476€5,476=
Line201820192020202120222023Change
Profit (loss) for the period9904€30,153-€12,745-€6,981-€5,316-€7,073-€4,133▲ 41.6%
+ Depreciation and write-downs630€7,298€7,151€7,151€7,151€7,151€7,151=
Operating cash flow (approximation)€37,451-€5,594€170€1,835€78€3,018▲ 39×
Investment in fixed assets (approximation)-€0€0€0€0€0-
Change in cash-€27,713-€17,352-€2,817-€26,154-€1,351▲ 94.8%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 22 filings with the National Bank
Financial year Type Filed Reference
31-12-2023 micro format 18-12-2024 2024-00626055
31-12-2022 micro format 18-09-2023 2023-00450815
31-12-2021 micro format 30-08-2022 2022-20366258
31-12-2020 micro format 30-08-2021 2021-59200515
31-12-2019 micro format 09-11-2020 2020-69800573
31-12-2018 micro format 04-10-2019 2019-68800436
31-12-2017 micro format 08-08-2018 2018-43900411
31-12-2016 micro format 26-09-2017 2017-62000127
31-12-2015 abbreviated format 29-08-2016 2016-48100503
31-12-2014 abbreviated format 25-09-2015 2015-60700051

Show all 22 filings

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.

Directors

Directors
No directors read yet: 0 of 3 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

History

On 10 July 2001, BOCON was incorporated.1 Total assets went from €235,626 in 2018 to €140,278 in 2023.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2023

Acts, filings and financial milestones

2024
18-12
NBB filing Annual accounts filed
financial year 2023 · micro format · 140 days late
2023
18-09
NBB filing Annual accounts filed
financial year 2022 · micro format · 49 days late
2022
30-08
NBB filing Annual accounts filed
financial year 2021 · micro format · 30 days late
2021
30-08
NBB filing Annual accounts filed
financial year 2020 · micro format · 30 days late
2020
09-11
NBB filing Annual accounts filed
financial year 2019 · micro format · 101 days late
2019
31-12
Financial Weakest financial yearnet -€12,745
Net result drops to -€12,745, the lowest in the series; recovery starts the following year.
04-10
NBB filing Annual accounts filed
financial year 2018 · micro format · 65 days late
2018
08-08
NBB filing Annual accounts filed
financial year 2017 · micro format · 8 days late
2017
26-09
NBB filing Annual accounts filed
financial year 2016 · micro format · 57 days late
2016
29-08
NBB filing Annual accounts filed
financial year 2015 · abbreviated format · 29 days late
2015
25-09
NBB filing Annual accounts filed
financial year 2014 · abbreviated format · 56 days late
Financial milestoneNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 22 annual accounts filed, the latest 10 are here; all 22 are under Financials.
0 of 3 deeds read
About the unread acts

We know of 3 Belgian Official Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Register details

Identification
Legal formPrivate limited company (pre-2019)
Founded10-07-2001
Financial year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0475248530
Also 9925:BE0475248530
Registered 15-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 27 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Mechelen · 1 establishment unit since 2001
registered office establishment The establishment unit on the map
Ground area
3,267 m²
Building footprint
457 m²
Building volume
2,181 m³
2 parcels, Flanders · tallest building 12.7 m. Linked by address, not a title deed.
1 establishment unit
BOCON
Heideland 44, 2640 MortselAdvertising agencies
since 2001unit no. 2.101.389.786
2 parcels
Flanders 2 (100%)
Cadastral parcel Region Area Buildings Height / floors
12020B0169/00B000 Flanders 3,076 m² 1 · 370 m² 7.0 m · 1
11029A0193/00L007 Flanders 191 m² 1 · 87 m² 12.7 m · 3
How the parcels are linked
Good to know
Both parcels match the address exactly.