BODEN
ActiveBODEN has been active since 1978 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.77M and a net result of €949k. Equity is growing by ~12% per year across the filed fiscal years. Its solvency ranks better than 90% of 911 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
88
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability87▲+6
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500k at 30 days acceptable
Liquidity ample (current ratio 8.47 against 8.78 in 2024; short-term debt: 11.1% and cash: 22.7% of total assets), and 11.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
88.9%
Return on assets
14.6%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
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 07-03-2026, 146 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
146 d early
2024
108 d early
2023
153 d early
2022
153 d early
2021
149 d early
2020
40 d early
2019
31 d early
← before the deadline
after the deadline →
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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€5.77M▼ 0.9%
2024 · €5.82M
2018: €2.45M
2019: €3.09M
2020: €3.76M
2021: €4.08M
2022: €4.60M
2023: €5.20M
2024: €5.82M
2018 → 2025
Total assets
€6.49M▼ 0.5%
2024 · €6.52M
2018: €4.92M
2019: €4.04M
2020: €4.40M
2021: €4.74M
2022: €5.20M
2023: €5.72M
2024: €6.52M
2018 → 2025
Net result
€949k▲ 52.8%
2024 · €621k
2018: €474k
2019: €640k
2020: €672k
2021: €327k
2022: €517k
2023: €599k
2024: €621k
2018 → 2025
Working capital
€5.41M▼ 1.2%
2024 · €5.47M
2018: €1.99M
2019: €2.66M
2020: €3.52M
2021: €3.97M
2022: €4.52M
2023: €4.94M
2024: €5.47M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€4.08M-€4.60M▲ 12.7%€5.20M▲ 13.0%€5.82M▲ 11.9%€5.77M▼ 0.9%
Operating result€438k-€681k▲ 55.7%€769k▲ 12.9%€794k▲ 3.2%€1.22M▲ 54.3%
Net result€327k-€517k▲ 58.2%€599k▲ 15.8%€621k▲ 3.6%€949k▲ 52.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 54% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.49M
Fixed assets
€364k▲ 4.5%
Current assets
€6.13M▼ 0.7%
Equity and liabilities €6.49M
Equity
€5.77M▼ 0.9%
Debt
€724k▲ 2.9%
The debt ratio rises from 10.8% to 11.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€1.34M▲
2024 · €900k
Cash flow
€1.06M▲
2024 · €727k
Solvency
88.9%▼
2024 · 89.2%
Current ratio
8.47▼
2024 · 8.78
Quick ratio
8.33▼
2024 · 8.41
Debt / equity
0.13▲
2024 · 0.12
ROE
16.4%▲
2024 · 10.7%
ROA
14.6%▲
2024 · 9.5%
Interest coverage
284.67▲
2024 · 132.82
Debt
€724k▲
2024 · €703k
Debt ≤ 1 year
€724k▲
2024 · €703k
Income taxes
€320k▲
2024 · €208k
Staff costs
€1.06M▲
2024 · €816k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€6.52M€6.49M▼
Fixed assets21/28€348k€364k▲
Tangible fixed assets22/27€346k€362k▲
Plant, machinery and equipment23€84k€100k▲
Furniture and vehicles24€262k€262k▲
Financial fixed assets28€2k€2k=
Current assets29/58€6.18M€6.13M▼
Stocks and contracts in progress3€259k€104k▼
Stocks30/36€25k€30k▲
Contracts in progress37€234k€74k▼
Amounts receivable within one year40/41€4.30M€3.55M▼
Trade receivables40€462k€689k▲
Other amounts receivable41€3.84M€2.86M▼
Current investments50/53-€1.00M
Cash at bank and in hand54/58€1.61M€1.47M▼
Deferred charges and accrued income490/1€9k€7k▼
Equity and liabilities
Total equity and liabilities10/49€6.52M€6.49M▼
Equity10/15€5.82M€5.77M▼
Contributions10/11€37k€37k=
Reserves13€5.78M€5.73M▼
Tax-exempt reserves132€94k€94k=
Distributable reserves133€5.69M€5.64M▼
Amounts payable17/49€703k€724k▲
Amounts payable within one year42/48€703k€724k▲
Current portion of amounts payable after more than one year42€4k-
Trade debts44€447k€298k▼
Suppliers440/4€447k€298k▼
Taxes, remuneration and social security45€72k€186k▲
Taxes450/3€9k€113k▲
Remuneration and social security454/9€63k€73k▲
Other amounts payable47/48€180k€240k▲
Income statement
Code20242025
Non-recurring operating income76A€714€28k▲
Remuneration, social security and pensions62€816k€1.06M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€106k€115k▲
Other operating charges640/8€29k€29k▲
Gross operating margin9900€1.74M€2.43M▲
Operating profit (loss)9901€794k€1.22M▲
Financial income75/76B€42k€49k▲
Recurring financial income75€42k€49k▲
Financial charges65/66B€7k€5k▼
Recurring financial charges65€7k€5k▼
Profit (loss) for the period before taxes9903€829k€1.27M▲
Income taxes67/77€208k€320k▲
Profit (loss) for the period9904€621k€949k▲
Profit (loss) for the period to be appropriated9905€621k€949k▲
Appropriation of the result
Profit (loss) to be appropriated9906€621k€949k▲
Transfer from equity791/2-€1.00M
Transfer to equity691/2€621k€949k▲
To other reserves6921€621k€949k▲
Profit to be distributed694/7-€1.00M
Return on contributions (dividend)694-€1.00M
Social balance
Average headcount (FTE)908712.314.9▲
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €949k ▲52.8%
Operating result €1.22M, net result €949k, both a record.
14-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
29-02
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €5MEq €5.20M ▲13%
6 profitable years in a row build equity to €5.20M.
28-02
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
04-03
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Weakest financial yearnet €327k ▼51.3%
Net result drops to €327k, the lowest in the series; recovery starts the following year.
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Liquidity doublescurrent ratio 9.29
Current ratio from 4.18 to 9.29; short-term debt falls from €836k to €425k.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity doublescurrent ratio 4.18
Current ratio from 1.81 to 4.18; short-term debt falls from €2.46M to €836k.
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Essen · 1 establishment unit since 1978
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Duiventorenstraat 162910 EssenGround area
7,679 m²
Building footprint
2,542 m²
Volume, LiDAR
17,259 m³
Parcel 11016B0694/00V000, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Duiventorenstraat 16, 2910 Essen
since 19782.014.999.014
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11016B0694/00V000 | Flanders | 7,679 m² | 1 · 2,542 m² | 9.4 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 2,345 EUR awarded · 2,480 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,064 EUR | 1,077 EUR |
| 2024 | 1 | 223 EUR | 156 EUR |
| 2023 | 1 | 224 EUR | 1,004 EUR |
| 2022 | 1 | 834 EUR | 243 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
8 categoriesBODEN BV15898
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Of 667 companies in sector 77320 we hold annual accounts for 492. 183 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-06-1978
Fiscal year end31-12
Activities, NACEBEL
42110Construction of roads and motorways
45230
71320
77320Rental and leasing activities
43120Site preparation
45112
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.