BOEL
ActiveSummary
For BOEL, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €3.3m and a net result of €1.2m. Equity is growing by ~53.3% per year across the filed fiscal years. The company has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability99▼-1
Solvency95=
Growth78=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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
raises risk · Annual accounts not filed
The financial year that closed on 31-03-2025 was due at the National Bank by 31-10-2025. Nothing is on record, 335 days later.
NBB · 10 filingsPosition against the passed deadline
31-03-2025 close31-10-2025 deadline01-10-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-03-2024 was due by 31-10-2024 and was filed on 23-04-2025, 174 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
174 d late
2023
4 d early
2022
30 d late
2021
173 d late
2020
23 d early
2019
141 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 6 accounts on average 82 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€3.3m▲ 31.7%
2023 · €2.5m
Total assets
€4.8m▲ 31.9%
2023 · €3.6m
Net result
€1.2m▼ 33.8%
2023 · €1.8m
Working capital
€2.0m▲ 15.0%
2023 · €1.8m
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result-€19,579▲ 47.1%€71,841€1.2m▲ 1,636%€1.8m▲ 42.6%€1.2m▼ 34.9%
Net result-€72,982▼ 15.9%€23,199€1.1m▲ 4,853%€1.8m▲ 53.5%€1.2m▼ 33.8%
Equity€591,919▼ 11.0%€615,118▲ 3.9%€1.4m▲ 126%€2.5m▲ 82.4%€3.3m▲ 31.7%
Total assets€2.5m▲ 4.8%€2.3m▼ 6.6%€2.6m▲ 11.4%€3.6m▲ 38.4%€4.8m▲ 31.9%
Debt€1.9m▲ 10.8%€1.7m▼ 9.8%€849,041▼ 50.9%€88,657▼ 89.6%€83,755▼ 5.5%
Working capital-€1.1m▼ 1,076%-€752,246▲ 30.7%€504,866€1.8m▲ 252%€2.0m▲ 15.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 35% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.8m
Fixed assets
€2.6m ▲ 50.8%
Current assets
€2.1m ▲ 14.1%
Equity and liabilities €4.8m
Equity
€3.3m ▲ 31.7%
Provisions
€1.3m ▲ 35.6%
Debt
€83,755 ▼ 5.5%
Debt's share of the balance-sheet total falls from 2.5% to 1.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.2m▼
2023 · €1.8m
Cash flow
€1.2m▼
2023 · €1.8m
Current ratio
25.38▲
2023 · 21.02
Quick ratio
25.38▲
2023 · 21.02
Debt to equity
0.03▼
2023 · 0.03
ROE
34.9%▼
2023 · 69.5%
ROA
24.5%▼
2023 · 48.8%
Interest coverage
1945.62▲
2023 · 211.41
Debt ≤ 1 year
€83,755▼
2023 · €88,657
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €42,010 | €24,310 | €27,397 | €37,093 | €72,173 | ▲ 94.6% |
| Other operating charges640/8 | - | €56,376 | €9,240 | €10,112 | €69,118 | ▲ 584% |
| Gross operating margin9900 | €47,349 | €152,527 | €1.3m | €1.8m | €1.3m | ▼ 28.8% |
| Operating profit (loss)9901 | -€19,579 | €71,841 | €1.2m | €1.8m | €1.2m | ▼ 34.9% |
| Financial income75/76B | - | €558 | €4,628 | €232 | - | - |
| Recurring financial income75 | €706 | €558 | €4,628 | €232 | - | - |
| Financial charges65/66B | - | €49,200 | €102,732 | €8,585 | €632 | ▼ 92.6% |
| Recurring financial charges65 | €54,108 | €49,200 | €102,732 | €8,585 | €632 | ▼ 92.6% |
| Profit (loss) for the period before taxes9903 | -€72,982 | €23,199 | €1.1m | €1.8m | €1.2m | ▼ 34.6% |
| Transfer from deferred taxes780 | - | - | - | €779 | €9,786 | ▲ 1,157% |
| Income taxes67/77 | - | - | - | €6,859 | - | - |
| Profit (loss) for the period9904 | -€72,982 | €23,199 | €1.1m | €1.8m | €1.2m | ▼ 33.8% |
| Transfer from tax-exempt reserves789 | - | - | - | €1,817 | €22,833 | ▲ 1,157% |
| Transfer to tax-exempt reserves689 | - | - | - | €2.1m | €1.5m | ▼ 28.6% |
| Profit (loss) for the period to be appropriated9905 | -€72,982 | €23,199 | €1.1m | -€290,823 | -€277,766 | ▲ 4.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.5m | €2.3m | €2.6m | €3.6m | €4.8m | ▲ 31.9% |
| Fixed assets21/28 | €1.7m | €1.4m | €1.3m | €1.8m | €2.6m | ▲ 50.8% |
| Tangible fixed assets22/27 | €1.7m | €1.4m | €1.3m | €1.8m | €2.6m | ▲ 50.8% |
| Land and buildings22 | - | €1.4m | €1.3m | €1.8m | €2.6m | ▲ 50.8% |
| Current assets29/58 | €833,080 | €977,586 | €1.4m | €1.9m | €2.1m | ▲ 14.1% |
| Stocks and contracts in progress3 | €130 | €130 | €130 | €130 | €130 | = |
| Stocks30/36 | - | €130 | €130 | €130 | €130 | = |
| Amounts receivable within one year40/41 | €731,713 | €846,650 | €1.2m | €1.4m | €1.9m | ▲ 28.3% |
| Trade receivables40 | - | €38,022 | - | - | €150,000 | - |
| Other amounts receivable41 | - | €808,628 | €1.2m | €1.4m | €1.7m | ▲ 17.9% |
| Current investments50/53 | €99,437 | €99,437 | - | - | - | - |
| Cash at bank and in hand54/58 | €1,801 | €31,370 | €121,546 | €416,577 | €269,978 | ▼ 35.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.5m | €2.3m | €2.6m | €3.6m | €4.8m | ▲ 31.9% |
| Equity10/15 | €591,919 | €615,118 | €1.4m | €2.5m | €3.3m | ▲ 31.7% |
| Contributions10/11 | €18,592 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Reserves13 | €710,739 | €710,739 | €1.6m | €3.0m | €4.1m | ▲ 35.9% |
| Non-distributable reserves130/1 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Tax-exempt reserves132 | - | €26,284 | €896,707 | €2.3m | €3.4m | ▲ 46.4% |
| Distributable reserves133 | - | €682,596 | €682,596 | €682,596 | €682,596 | = |
| Profit (loss) carried forward14 | -€137,412 | -€114,212 | -€208,638 | -€499,461 | -€777,227 | ▼ 55.6% |
| Provisions and deferred taxes16 | - | - | €373,038 | €989,100 | €1.3m | ▲ 35.6% |
| Deferred taxes168 | - | - | €373,038 | €989,100 | €1.3m | ▲ 35.6% |
| Amounts payable17/49 | €1.9m | €1.7m | €849,041 | €88,657 | €83,755 | ▼ 5.5% |
| Amounts payable within one year42/48 | €1.9m | €1.7m | €849,041 | €88,657 | €83,755 | ▼ 5.5% |
| Current portion of amounts payable after more than one year42 | - | €150,000 | - | €82,113 | €62,439 | ▼ 24.0% |
| Financial debts43 | - | €1.6m | €835,609 | - | - | - |
| Credit institutions430/8 | - | €1.6m | €835,609 | - | - | - |
| Trade debts44 | €22,365 | €2,512 | €6,112 | €6,544 | €21,316 | ▲ 226% |
| Suppliers440/4 | - | €2,512 | €6,112 | €6,544 | €21,316 | ▲ 226% |
| Other amounts payable47/48 | - | €7,320 | €7,320 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€72,982 | €23,199 | €1.1m | €1.8m | €1.2m | ▼ 33.8% |
| + Depreciation and write-downs630 | €42,010 | €24,310 | €27,397 | €37,093 | €72,173 | ▲ 94.6% |
| Operating cash flow (approximation) | -€30,972 | €47,509 | €1.2m | €1.8m | €1.2m | ▼ 31.2% |
| Investment in fixed assets (approximation) | - | €285,600 | €80,680 | -€530,042 | -€962,674 | ▼ 81.6% |
| Change in cash | - | €29,569 | €90,176 | €295,031 | -€146,599 | ▼ 150% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
23-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 174 days late
2023
27-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Highest result since 2019net €1.8m ▲53.5%
Operating result €1.8m, net result €1.8m, both a record.
31-03
Financial
Liquidity times 13current ratio 21.02
Current ratio from 1.59 to 21.02; short-term debt falls from €849,041 to €88,657.
31-03
Financial
Equity above €2mEq €2.5m ▲82.4%
3 profitable years in a row build equity to €2.5m.
2022
30-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
22-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 173 days late
31-03
Financial
Liquidity triplescurrent ratio 1.59
Current ratio from 0.57 to 1.59; short-term debt falls from €1.7m to €849,041.
31-03
Financial
Equity above €1mEq €1.4m ▲126%
2 profitable years in a row build equity to €1.4m.
2021
31-03
Financial
Back to profitnet €23,199
Net result €23,199 after 2 loss-making years.
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Weakest financial yearnet -€72,982
Net result drops to -€72,982, the lowest in the series; recovery starts the following year.
Show earlier events
20-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 141 days late
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 92 days late
2017
30-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
26-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
23-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 7 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Gent · 2 establishment units since 1984
Ground area
9,453 m²
Building footprint
1,039 m²
Volume, LiDAR
2,661 m³
2 parcels, Brussels, Flanders · tallest building 17.4 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
2 establishment units
Ankerstraat 39, 1120 Brussel
since 19842.024.606.467
Rue du Grand Champ, ZI, Nov. -, 5380 Fernelmont
since 19982.024.606.566
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21819D0252/00A000 | Brussels | 8,211 m² | 1 · 931 m² | 17.4 m |
| 44074C0506/00L000 | Flanders | 1,242 m² | 1 · 109 m² | 7.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Company details
Identification
Legal formPrivate limited company
Founded29-03-1984
Fiscal year end31-03
E-invoicing
Reachable via Peppol
Peppol ID
0208:0425585718
Registered
17-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.