Equity
€107,948 ▼ 19.8%
BOCOVAN paid out €45,359 in dividends. That is 242% of the 2025 profit.
BOCOVAN
Lifetime
9 annual accounts with figures on one time axispeak €323,335 (2017)
€212,145▼ 23.6%
lowest -€52,012 (2019)
€18,766▲ 575%
peak €318,135 (2023)
€107,948▼ 19.8%
€168,184▲ 94.8%
peak 2 FTE (2019)
-not published
Board2 names since 2016
1 directorVANMEERHAEGHE Frederic
Owners2 names in the annual accounts
Documentsfilings and deeds
16-07-202615 days before the deadline
2025micro format
Gross margin from €277,559 to €212,145Result from €2,782 to €18,766Dividend €45,359Equity from €134,542 to €107,948Debts from €86,358 to €168,184Cash from €42,002 to €126,203
Key points
from the 2025 annual accountsChecked score
93
Excellent
Financially stronger than 42% of micro companies in architecture and engineering (NACE 71)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 14,828 companies (NACE 71, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.5%
01-2025: 0.4%▼ -0.1 percentage points vs 12-2024
02-2025: 0.4%● unchanged vs 01-2025
03-2025: 0.4%● unchanged vs 02-2025
04-2025: 0.4%● unchanged vs 03-2025
05-2025: 0.5%▲ +0.1 percentage points vs 04-2025
06-2025: 0.5%● unchanged vs 05-2025highest value
07-2025: 0.3%▼ -0.2 percentage points vs 06-2025
08-2025: 0.3%● unchanged vs 07-2025
09-2025: 0.3%● unchanged vs 08-2025
10-2025: 0.3%● unchanged vs 09-2025
11-2025: 0.3%● unchanged vs 10-2025
12-2025: 0.3%● unchanged vs 11-2025
01-2026: 0.3%● unchanged vs 12-2025
02-2026: 0.3%● unchanged vs 01-2026
03-2026: 0.1%▼ -0.2 percentage points vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026
05-2026: 0.1%● unchanged vs 04-2026
06-2026: 0.1%● unchanged vs 05-2026
07-2026: 0.1%● unchanged vs 06-2026
08-2026: < 0.1%▼ -0.1 percentage points vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026lowest value
11-2026: < 0.1%● unchanged vs 10-2026lowest value
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 1.88, cash €126,203
Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
Size: total assets €276,132
Figures for financial year 2025 (filed on 16-07-2026)
Calculation
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 71, micro). It does better than 38% of them on solvency, 64% on liquidity, 44% on profitability and 21% on growth.
The bankruptcy probability was computed on 09-11-2026 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 31-12-2025.
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).
Comparable companies, two years later
In July 2024, 34,693 companies had the same profile as BOCOVAN has now. Each dot stands for 87 companies, two years later.
95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
That fits the bankruptcy probability of BOCOVAN itself: < 0.1% within 12 months.
Test of the method
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 34,693 companies, not a prediction for BOCOVAN. 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.
Credit verdict
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.88 (2.28 in 2024), above the usual 1.5. Short-term debt is 48.5% and cash 45.7% of total assets. However, 60.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
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 16-07-2026, 15 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
15 days early
2024
50 days early
2023
54 days early
2022
31 days late
2021
80 days early
2020
89 days late
2019
62 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 2 days before the deadline. In the sector (NACE 71), the median for financial year 2024 was 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 11 June (4 of the last 5 accounts filed within 35 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
- FRECONSTRUCT 1%score 96equity €46,912 (2025) · 2025 annual accounts of FRECONSTRUCT
- VMH CONSTRUCT 1%bankrupt since 14-11-2023equity -€349,918 (2022) · 2021 annual accounts of VMH CONSTRUCT
Shares in 1 company, FRECONSTRUCT
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0659724318
Registered office moved from Harelbeke to Deerlijk
New registered office: Schragenstraat 2, 8540 Deerlijk · Previous registered office: KORTRIJKSESTEENWEG 1, 8530 HARELBEKE · Board meeting of 08-12-2023 · Gazette deed
Change of role: VANMEERHAEGHE Frederic, from statutory director to director
Resignation: Dhooms Natascha (successor statutory director) · Legal-form conversion: to private limited company · General meeting of 30-05-2022 · Gazette deed
Incorporation
published on 19-07-2016 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BOCOVAN Deerlijk | €276,132 | €212,145 | 39.1% | - |
| ISTECO Stekene | €277,347 | €225,655 | 7.5% | - |
| DUODECIM Grobbendonk | €265,799 | €206,490 | 58.5% | - |
| KILOWATTPRO Herent | €244,398 | €203,548 | 16.4% | - |
| Algemene Bouwwerken Zentix Zutendaal | €289,966 | €239,839 | -28.1% | 8.2 |
| DABITEC Balen | €244,172 | €184,997 | 40.8% | - |
| Project Lead Puurs-Sint-Amands | €313,828 | €192,834 | 88.7% | - |
These companies have the same main activity as BOCOVAN: engineering and related technical consultancy, excluding land surveyors (NACE 71121). They are comparable in size and age: total assets between €244,000 and €314,000, founded between 2015 and 2017.
Official details
Source: KBO- Status
- Active since 15-07-2016Normal situation
- Activity
- Engineering and related technical consultancy, excluding land surveyorsNACE 71121and 2 others
- Joint committee
- 200Auxiliary committee for white-collar workers · annual accounts 2025
- Establishment unit
- 2.255.713.1258540 Deerlijk, since 15-07-2016
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2026
Annual accounts 2025
- ≈ €430,000estimated
- €276,132▲ 25.0%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 16-07-2026, 15 days before the end of the filing period
Insights on BOCOVAN
BOCOVAN files the micro format. That format states no turnover. The gross margin fell from €323,335 in 2017 to €212,145 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BOCOVAN
- What is the company number of BOCOVAN?
- The company number of BOCOVAN is 0659.724.318. The VAT number is the same number with BE in front: BE 0659.724.318.
- Where is BOCOVAN based?
- The registered office is at Schragenstraat 2, 8540 Deerlijk.Company details
- What does BOCOVAN do?
- According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
- What is the legal form of BOCOVAN?
- BOCOVAN is a private limited company (BV).
- When was BOCOVAN founded?
- BOCOVAN was founded on 15-07-2016.
- Is BOCOVAN still active?
- Yes, BOCOVAN is an active enterprise in the KBO register.
- How many employees does BOCOVAN have?
- BOCOVAN had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does BOCOVAN fall under?
- In its 2025 annual accounts, BOCOVAN states joint committee 200 (Auxiliary committee for white-collar workers).
- What is the turnover of BOCOVAN?
- The turnover in financial year 2025 is ≈ €430,000. This figure is estimated from the gross margin of €212,145 and 36 comparable companies (NACE 711). It probably lies between €330,000 and €550,000.
- Is BOCOVAN profitable?
- In financial year 2025, BOCOVAN made a profit of €18,766.
- Where can I find the annual accounts of BOCOVAN?
- BOCOVAN filed 9 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BOCOVAN due?
- BOCOVAN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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