BOELEAU
ActiveSummary
BOELEAU has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €165k and a net result of €23k. Equity is shrinking by ~8.4% per year across the filed fiscal years. Its solvency ranks better than 51% of 480 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-17
Solvency73▼-5
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity tight (current ratio 1.4 against 1.35 in 2024; short-term debt: 48.6% and cash: 30.2% of total assets), and 52.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
lower
← fewer bankruptcies
more bankruptcies →
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
47.5%
Return on assets
6.5%
Age of the figures
9 mo
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
28 d late
2023
26 d late
2022
29 d late
2021
on the day
2020
6 d late
2019
55 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€165k▼ 21.3%
2024 · €210k
2018: €229k
2019: €297k
2020: €361k
2021: €421k
2022: €246k
2023: €131k
2024: €210k
2018 → 2025
Total assets
€348k▼ 12.0%
2024 · €395k
2018: €282k
2019: €381k
2020: €422k
2021: €442k
2022: €289k
2023: €387k
2024: €395k
2018 → 2025
Net result
€23k▼ 71.4%
2024 · €79k
2018: €86k
2019: €67k
2020: €65k
2021: €62k
2022: €63k
2023: €71k
2024: €79k
2018 → 2025
Working capital
€68k▲ 8.3%
2024 · €63k
2018: €222k
2019: €223k
2020: €298k
2021: €317k
2022: €146k
2023: €51k
2024: €63k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€421k-€246k▼ 41.7%€131k▼ 46.5%€210k▲ 59.9%€165k▼ 21.3%
Operating result€76k-€80k▲ 4.3%€93k▲ 16.5%€106k▲ 14.3%€42k▼ 60.0%
Net result€62k-€63k▲ 2.2%€71k▲ 12.4%€79k▲ 11.2%€23k▼ 71.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 60% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €348k
Fixed assets
€111k ▼ 26.9%
Current assets
€237k ▼ 2.7%
Equity and liabilities €348k
Equity
€165k ▼ 21.3%
Debt
€183k ▼ 1.4%
Debt's share of the balance-sheet total rises from 46.9% to 52.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€85k▼
2024 · €141k
Cash flow
€65k▼
2024 · €113k
Current ratio
1.40▲
2024 · 1.35
Debt to equity
1.11▲
2024 · 0.88
ROE
13.6%▼
2024 · 37.5%
ROA
6.5%▼
2024 · 19.9%
Interest coverage
9.15▼
2024 · 27.25
Debt ≤ 1 year
€169k▼
2024 · €181k
Income taxes
€11k▼
2024 · €22k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet
Code20242025
Assets
Total assets20/58€395k€348k▼
Fixed assets21/28€152k€111k▼
Tangible fixed assets22/27€152k€111k▼
Plant, machinery and equipment23€4k€2k▼
Furniture and vehicles24€148k€109k▼
Current assets29/58€244k€237k▼
Amounts receivable within one year40/41€216k€130k▼
Trade receivables40€214k€128k▼
Other amounts receivable41€2k€2k▼
Cash at bank and in hand54/58€25k€105k▲
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€395k€348k▼
Equity10/15€210k€165k▼
Contributions10/11€19k€19k=
Reserves13€192k€147k▼
Distributable reserves133€192k€147k▼
Amounts payable17/49€185k€183k▼
Amounts payable within one year42/48€181k€169k▼
Trade debts44€25k€7k▼
Suppliers440/4€25k€7k▼
Taxes, remuneration and social security45€43k€24k▼
Taxes450/3€43k€24k▼
Other amounts payable47/48€112k€137k▲
Accrued charges and deferred income492/3€5k€14k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€42k▲
Other operating charges640/8€12k€3k▼
Gross operating margin9900€152k€87k▼
Operating profit (loss)9901€106k€42k▼
Financial income75/76B€0€14▲
Recurring financial income75€0€14▲
Financial charges65/66B€5k€9k▲
Recurring financial charges65€5k€9k▲
Profit (loss) for the period before taxes9903€101k€33k▼
Income taxes67/77€22k€11k▼
Profit (loss) for the period9904€79k€23k▼
Profit (loss) for the period to be appropriated9905€79k€23k▼
Appropriation of the result
Profit (loss) to be appropriated9906€79k€23k▼
Transfer from equity791/2-€67k
Transfer to equity691/2€79k€23k▼
To other reserves6921€79k€23k▼
Profit to be distributed694/7-€67k
Return on contributions (dividend)694-€67k
The notes to these accounts (5 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
26-08
State Gazette act
Incorporation · Founder
Corporate purpose · Founding capital
2025
31-12
Financial
Weakest financial yearnet €23k ▼71.4%
Net result drops to €23k, the lowest in the series.
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 28 days late
2024
31-12
Financial
Equity above €200kEq €210k ▲59.9%
7 profitable years in a row build equity to €210k.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 29 days late
2022
31-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity triplescurrent ratio 16.35
Current ratio from 5.88 to 16.35; short-term debt falls from €61k to €21k.
06-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 6 days late
2020
24-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 55 days late
2019
05-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 5 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
Financial milestoneState Gazette actNBB 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, Meise · 1 establishment unit since 2014
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.
Parklaan 11860 MeiseGround area
1,572 m²
Building footprint
148 m²
Volume, LiDAR
687 m³
Parcel 23050G0025/00M004, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Boeleau
since 20142.234.413.806
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23050G0025/00M004 | Flanders | 1,572 m² | 1 · 148 m² | 10.4 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.
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Of 3,152 companies in sector 63920 we hold annual accounts for 1,523. 1,228 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-06-2014
Fiscal year end31-12
Activities, NACEBEL 2025
63920Other information service activities
52250Logistics services
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.