BOFISC
ActiveSummary
BOFISC has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €20,038 and a net result of -€4,995. Equity has been stable since 2018 (±0.7% per year). Its solvency ranks better than 39% of 10,818 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 23-02-1993 Normal situation
- Activity
- Business and other management consultancy NACE 70200
- Establishment unit
- 2.061.332.053 2970 Schilde, since 22-03-1993
- Financial year end
- 31 December
- Peppol
- Reachable since 04-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Gross margin
- €2,220
- Turnover
- ≈ €9,000
- estimated
- Loss
- €4,995
- ▼ 32.3%
- Equity
- €20,038
- ▲ 58.6%
- Total assets
- €50,255
- ▲ 22.7%
Score breakdownraises riskLoss of €4,995, the second in a row (financial year 2025)lowers riskSize: total assets €50,255Sector: Activities of head offices; management consultancy activities (NACE 70)Founded in 1993Show the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 70, micro). It does better than 38% of them on solvency, 12% on liquidity, 14% on profitability and 82% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 8 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 21-06-2026 at the NBB all 33 filings
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is a loss of €4,629, smaller than the loss of €6,496 in 2024.
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €5,955 | €2,000 | €4,471 | €23,867 |
| Depreciation and write-downs of the year | €1,364 | €2,101 | €2,305 | €3,287 | €5,358 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2025 · 4 entries · €24,280 awarded · €24,280 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €8,137 | €8,137 |
| 2024 | 1 | €9,585 | €9,585 |
| 2023 | 1 | €2,323 | €2,323 |
| 2022 | 1 | €4,235 | €4,235 |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | €22,169 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,025 | €1,225 | €844 | €1,364 | €2,101 | €2,305 | €3,287 | €5,358 | ▲ 63.0% |
| Other operating charges640/8 | - | - | - | €994 | €1,269 | €872 | €735 | €1,491 | ▲ 103% |
| Gross operating margin9900 | €11,141 | €1,852 | €5,708 | €150 | €10,785 | €4,551 | -€2,474 | €2,220 | - |
| Operating profit (loss)9901 | €5,534 | -€373 | €2,338 | -€2,208 | €7,415 | €1,374 | -€6,496 | -€4,629 | ▲ 28.7% |
| Financial income75/76B | - | - | - | - | €105 | €733 | €11 | €14 | ▲ 27.3% |
| Recurring financial income75 | €1 | - | €1 | - | €105 | €733 | €11 | €14 | ▲ 27.3% |
| Financial charges65/66B | - | - | - | €63 | €38 | €285 | €68 | €380 | ▲ 459% |
| Recurring financial charges65 | €382 | €90 | €334 | €63 | €38 | €285 | €68 | €380 | ▲ 459% |
| Profit (loss) for the period before taxes9903 | €5,153 | -€463 | €2,005 | -€2,271 | €7,482 | €1,822 | -€6,553 | -€4,995 | ▲ 23.8% |
| Income taxes67/77 | €1,569 | €1,569 | €1,000 | €811 | - | €1,373 | €825 | - | - |
| Profit (loss) for the period9904 | €3,584 | -€2,032 | €1,005 | -€3,082 | €7,482 | €449 | -€7,378 | -€4,995 | ▲ 32.3% |
| Profit (loss) for the period to be appropriated9905 | €3,584 | -€2,032 | €1,005 | -€3,082 | €7,482 | €449 | -€7,378 | -€4,995 | ▲ 32.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €45,803 | €29,885 | €36,293 | €29,256 | €25,371 | €58,960 | €40,971 | €50,255 | ▲ 22.7% |
| Fixed assets21/28 | €1,746 | €521 | €2,439 | €1,075 | €4,201 | €3,896 | €5,080 | €23,589 | ▲ 364% |
| Tangible fixed assets22/27 | €1,746 | €521 | €2,439 | €1,075 | €4,201 | €3,896 | €5,080 | €23,589 | ▲ 364% |
| Furniture and vehicles24 | - | - | - | €1,075 | €4,201 | €3,896 | €5,080 | €23,589 | ▲ 364% |
| Current assets29/58 | €44,057 | €29,364 | €33,854 | €28,181 | €21,170 | €55,064 | €35,891 | €26,666 | ▼ 25.7% |
| Amounts receivable within one year40/41 | €26,699 | €26,572 | €26,135 | €21,407 | €11,177 | €29,791 | €10,434 | €9,212 | ▼ 11.7% |
| Trade receivables40 | - | - | - | €19,530 | €5,008 | €23,915 | €7,058 | €8,336 | ▲ 18.1% |
| Other amounts receivable41 | - | - | - | €1,877 | €6,169 | €5,876 | €3,376 | €876 | ▼ 74.1% |
| Current investments50/53 | - | - | - | - | - | €13,776 | - | - | - |
| Cash at bank and in hand54/58 | €17,358 | €2,792 | €6,569 | €3,380 | €9,993 | €11,497 | €10,758 | €3,897 | ▼ 63.8% |
| Deferred charges and accrued income490/1 | - | - | - | €3,394 | - | - | €14,699 | €13,557 | ▼ 7.8% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €45,803 | €29,885 | €36,293 | €29,256 | €25,371 | €58,960 | €40,971 | €50,255 | ▲ 22.7% |
| Equity10/15 | €18,642 | €16,609 | €19,648 | €16,566 | €19,567 | €20,016 | €12,638 | €20,038 | ▲ 58.6% |
| Contributions10/11 | €6,198 | €6,197 | - | €6,197 | €6,197 | €6,197 | €6,197 | €18,592 | ▲ 200% |
| Reserves13 | €3,369 | €3,369 | €3,370 | €3,370 | €3,370 | €3,370 | €3,370 | €3,370 | = |
| Non-distributable reserves130/1 | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Reserves not available under the articles1311 | - | - | - | €1,859 | €1,859 | €1,859 | €1,859 | €1,859 | = |
| Distributable reserves133 | - | - | - | €1,511 | €1,511 | €1,511 | €1,511 | €1,511 | = |
| Profit (loss) carried forward14 | €9,075 | €7,043 | €10,081 | €6,999 | €10,000 | €10,449 | €3,071 | -€1,924 | - |
| Amounts payable17/49 | €27,161 | €13,276 | €16,645 | €12,690 | €5,804 | €38,944 | €28,333 | €30,217 | ▲ 6.6% |
| Amounts payable within one year42/48 | €27,161 | €13,276 | €16,645 | €11,787 | €5,804 | €38,944 | €28,333 | €30,217 | ▲ 6.6% |
| Trade debts44 | €14,291 | €46 | €9,306 | €5,389 | €3,505 | €11,859 | €4,987 | €4,170 | ▼ 16.4% |
| Suppliers440/4 | - | - | - | €5,389 | €3,505 | €11,859 | €4,987 | €4,170 | ▼ 16.4% |
| Taxes, remuneration and social security45 | - | - | - | €6,257 | - | €9,698 | €6,910 | €1,902 | ▼ 72.5% |
| Taxes450/3 | - | - | - | €6,257 | - | €9,698 | €1,910 | €1,902 | ▼ 0.4% |
| Remuneration and social security454/9 | - | - | - | - | - | - | €5,000 | - | - |
| Other amounts payable47/48 | - | - | - | €141 | €2,299 | €17,387 | €16,436 | €24,145 | ▲ 46.9% |
| Accrued charges and deferred income492/3 | - | - | - | €903 | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,584 | -€2,032 | €1,005 | -€3,082 | €7,482 | €449 | -€7,378 | -€4,995 | ▲ 32.3% |
| + Depreciation and write-downs630 | €5,025 | €1,225 | €844 | €1,364 | €2,101 | €2,305 | €3,287 | €5,358 | ▲ 63.0% |
| Operating cash flow (approximation) | €8,609 | -€807 | €1,849 | -€1,718 | €9,583 | €2,754 | -€4,091 | €363 | - |
| Investment in fixed assets (approximation) | - | €0 | -€2,762 | €0 | -€5,227 | -€2,000 | -€4,471 | -€23,867 | ▼ 434% |
| Change in cash | - | -€14,566 | €3,777 | -€3,189 | €6,613 | €1,504 | -€739 | -€6,861 | ▼ 828% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 12,322 companies had the same profile as BOFISC has now. Two years later, 90.3% were still going and 0.7% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
Another 0.5% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BOFISC itself: 0.2% within 12 months.
Test of the method
The method was tested on the 497,446 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 12,322 companies, not a prediction for BOFISC. 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.
Latest 10 of 33 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 21-06-2026 | 2026-00179751 | |
| 31-12-2024 | abbreviated format | 24-07-2025 | 2025-00308533 | |
| 31-12-2023 | micro format | 22-06-2024 | 2024-00151115 | |
| 31-12-2022 | abbreviated format | 24-06-2023 | 2023-00154707 | |
| 31-12-2021 | abbreviated format | 28-06-2022 | 2022-20099580 | |
| 31-12-2020 | abbreviated format | 07-09-2021 | 2021-66500543 | |
| 31-12-2019 | abbreviated format | 30-09-2020 | 2020-57200284 | |
| 31-12-2018 | micro format | 21-08-2019 | 2019-48300512 | |
| 31-12-2017 | micro format | 21-08-2018 | 2018-48400161 | |
| 31-12-2016 | micro format | 05-09-2017 | 2017-60000030 |
Board & ownership
Directors
Owners and capital
Shareholders
1 ownerOwners 1
- Dominiqiue Nagelsnatural personSourceown accounts 2020share not stated
Capital transactions
- 02-12-2022 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| NAGELS Dominique |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Na aftrek van rechten waarvan overdracht wordt voorgesteld, helft overdrager en helft koper(s) naar evenredigheid bij meer kopers”
Articles of association, deed of 02-12-2022 (in Dutch)
Network & group
Connections & network
1 current directorThe network starts from the directors of BOFISC. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
21-10
Gazette deed
PurposePurpose change3 points ▸
- General meeting, 15-10-2024
- Other provision, “verslag bestuursorgaan, omstandige verantwoording voorgestelde wijziging voorwerp” (deed in Dutch)
- Purpose change
02-12
Gazette deed
Change of role: NAGELS Dominique, from statutory manager to directorAmendment of the articles · Capital conversion · Reserve release8 points ▸
- General meeting, “eenparigheid van stemmen” (deed in Dutch)
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “vormen en meerderheden statutenwijziging, opheffen statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Director resignation, NAGELS Dominique (statutory manager)
- Director appointment, NAGELS Dominique (director (not named in the articles))
- Director discharge, NAGELS Dominique
- Registered office clause, “Prins Boudewijnlaan 29, Schilde” (deed in Dutch)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
11 activities
- Het uitoefenen van de werkzaamheden van een boekhoudbureau en van een studie-, organisatie- en raadgevend bureau inzake handels-, financiële, fiscale of sociale aangelegenheden, met inbegrip van de administratieve en financiële controles.
- Het voeren van een informatiekantoor en een kantoor voor personeelsselectie.
- Het verstrekken van adviezen, management en andere diensten; deze diensten kunnen ingevolge een overeenkomt of statutair worden uitgeoefend zowel in hoedanigheid van externe adviseur als in de hoedanigheid van een orgaan van een vennootschap.
- Het uitoefenen van de werkzaamheden van een grafisch en marketingbureau met inbegrip van het verlenen van advies, het uitvoeren van praktische en organisatorische taken op communicatie-, grafisch, fotografisch en marketingvlak. Dit zowel online (website, sociale media, apps,…) en offline (flyers, brochure, magazines, huisstijl,..).
- Het uitvoeren van druk- en printopdrachten al dan niet aan de hand van eigen materiaal.
- Het organiseren van workshops, events en/of opleidingen met het oog op het versterken van grafische, creatieve, communicatieve en marketingcompetenties van klanten
- Het voorzien van advies voor en uitwerking van interieurvormgeving, de creatie van meubilair en het uitdenken van interieurtotaalconcepten
- Het overzien en afhandelen van het volledige proces van idee tot afgewerkt eindproduct.
- Het geven van advies, opleidingen, coaching en begeleidingen voor ondernemers, leidinggevende en medewerkers. Loopbaancoaching voor ondernemers, bedrijven en particulieren, teamcoaching, individuele coaching, business coaching en coaching, opleiding en advies werkprocessen, planning en innovatieve arbeidsorganisatie; zacht werken en aantrekkelijke werkgever. Werving, rekrutering, selectie, assessments en HR ondersteunende activiteiten voor personeel en personeelsdiensten.
- Het beheren van eigen onroerend en roerend vermogen onder meer door het verwerven en valoriseren van alle patrimoniumbestanddelen, zo roerende als onroerende, materiële en immateriële.
- Het nemen van participaties in ondernemingen en bezittingen, dit alles in de breedste zin, zodat alles kan gedaan worden dat het veilig beheer, de opbrengt en de groei van een patrimonium kan ten goede komen.
Invoicing and payment
Financial year and general meeting
Accounts at the NBBRecognitions · licences · registrations
Quality registration as a provider
1 live approvalSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11039D0374/00G002 | Flanders | 525 m² | 1 · 172 m² | 17.7 m · 2 |