BOFISO
ActiveSummary
BOFISO has been active since 1981 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €56,156 and a net result of €606. Equity is shrinking by ~10% per year across the filed fiscal years. Its solvency ranks better than 54% of 3330 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability59▼-5
Solvency74▼-15
Growth54▲+4
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,500 at 30 days acceptable
Liquidity ample (current ratio 1.98 against 2.76 in 2024; short-term debt: 48.4% and cash: 56.2% of total assets), but 50.6% of the assets are financed with debt.
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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 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
49.4%
Return on assets
0.5%
Age of the figures
9 mo
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 12-05-2026, 80 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
80 d early
2024
69 d early
2023
68 d early
2022
66 d early
2021
61 d early
2020
65 d early
2019
39 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 64 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
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. Usually files around 25 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
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Financials · fiscal year 2025, abbreviated schema
Turnover
€63,171▲ 27.5%
2024 · €49,553
EBIT margin
1.1%▼ 0.7pp
2024 · 1.8%
Net result
€606▼ 26.5%
2024 · €824
Working capital
€53,727▲ 6.0%
2024 · €50,698
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€76,041▲ 30.2%€75,599▼ 0.6%€75,771▲ 0.2%€49,553▼ 34.6%€63,171▲ 27.5%
Operating result-€8,992▲ 70.2%-€3,409▲ 62.1%-€7,501▼ 120%€883€666▼ 24.6%
Net result-€9,052below the sector's middle half▲ 70.1%-€3,473below the sector's middle half▲ 61.6%-€7,560below the sector's middle half▼ 118%€824below the sector's middle half€606below the sector's middle half▼ 26.5%
EBIT margin-11.8%▲ 39.8pp-4.5%▲ 7.3pp-9.9%▼ 5.4pp1.8%▲ 11.7pp1.1%▼ 0.7pp
Equity€65,759below the sector's middle half▼ 12.1%€62,286below the sector's middle half▼ 5.3%€54,725below the sector's middle half▼ 12.1%€55,550below the sector's middle half▲ 1.5%€56,156below the sector's middle half▲ 1.1%
Total assets€96,533below the sector's middle half▲ 0.7%€114,570below the sector's middle half▲ 18.7%€125,599below the sector's middle half▲ 9.6%€86,763below the sector's middle half▼ 30.9%€113,683below the sector's middle half▲ 31.0%
Debt€30,774▲ 46.2%€52,284▲ 69.9%€70,874▲ 35.6%€31,213▼ 56.0%€57,527▲ 84.3%
Working capital€62,612within the sector's middle half▼ 7.9%€61,904within the sector's middle half▼ 1.1%€46,819within the sector's middle half▼ 24.4%€50,698within the sector's middle half▲ 8.3%€53,727within the sector's middle half▲ 6.0%
Solvency68.1%within the sector's middle half▼ 9.9pp54.4%within the sector's middle half▼ 13.8pp43.6%within the sector's middle half▼ 10.8pp64.0%within the sector's middle half▲ 20.5pp49.4%within the sector's middle half▼ 14.6pp
Current ratio3.47above the sector's middle half▼ 2.562.24within the sector's middle half▼ 1.231.68within the sector's middle half▼ 0.562.76within the sector's middle half▲ 1.081.98within the sector's middle half▼ 0.79
Return on assets (ROA)-9.4%below the sector's middle half▲ 22.2pp-3.0%below the sector's middle half▲ 6.3pp-6.0%below the sector's middle half▼ 3.0pp0.9%below the sector's middle half▲ 7.0pp0.5%below the sector's middle half▼ 0.4pp
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
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 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €113,683
Fixed assets
€4,910 ▼ 33.0%
Current assets
€108,773 ▲ 36.9%
Equity and liabilities €113,683
Equity
€56,156 ▲ 1.1%
Debt
€57,527 ▲ 84.3%
Debt's share of the balance-sheet total rises from 36.0% to 50.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€3,084▼
2024 · €3,929
Cash flow
€3,024▼
2024 · €3,870
Debt to equity
1.02▲
2024 · 0.56
ROE
1.1%▼
2024 · 1.5%
Interest coverage
51.40▼
2024 · 65.48
Debt ≤ 1 year
€55,046▲
2024 · €28,737
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,027 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,027 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €76,041 | €75,599 | €75,771 | €49,553 | €63,171 | ▲ 27.5% |
| Non-recurring operating income76A | €13,344 | €12,475 | €12,500 | €12,535 | €12,671 | ▲ 1.1% |
| Goods, raw materials, services and sundry goods60/61 | €89,033 | €81,973 | €89,707 | €53,781 | €68,329 | ▲ 27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,749 | €5,750 | €1,918 | €3,046 | €2,418 | ▼ 20.6% |
| Other operating charges640/8 | €3,595 | €3,760 | €4,147 | €4,378 | €4,429 | ▲ 1.2% |
| Gross operating margin9900 | €352 | €6,101 | -€1,436 | €8,307 | €7,513 | ▼ 9.6% |
| Operating profit (loss)9901 | -€8,992 | -€3,409 | -€7,501 | €883 | €666 | ▼ 24.6% |
| Financial income75/76B | - | - | - | €1 | - | - |
| Recurring financial income75 | - | - | - | €1 | - | - |
| Non-recurring financial income76B | - | - | - | €1 | - | - |
| Financial charges65/66B | €60 | €64 | €59 | €60 | €60 | = |
| Recurring financial charges65 | €60 | €64 | €59 | €60 | €60 | = |
| Profit (loss) for the period before taxes9903 | -€9,052 | -€3,473 | -€7,560 | €824 | €606 | ▼ 26.5% |
| Profit (loss) for the period9904 | -€9,052 | -€3,473 | -€7,560 | €824 | €606 | ▼ 26.5% |
| Profit (loss) for the period to be appropriated9905 | -€9,052 | -€3,473 | -€7,560 | €824 | €606 | ▼ 26.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €96,533 | €114,570 | €125,599 | €86,763 | €113,683 | ▲ 31.0% |
| Fixed assets21/28 | €8,587 | €2,837 | €10,374 | €7,328 | €4,910 | ▼ 33.0% |
| Tangible fixed assets22/27 | €8,587 | €2,837 | €10,374 | €7,328 | €4,910 | ▼ 33.0% |
| Plant, machinery and equipment23 | €3,993 | €2,837 | €10,374 | €7,328 | €4,910 | ▼ 33.0% |
| Furniture and vehicles24 | €4,594 | - | - | - | - | - |
| Current assets29/58 | €87,946 | €111,733 | €115,225 | €79,435 | €108,773 | ▲ 36.9% |
| Amounts receivable within one year40/41 | €68,635 | €73,285 | €70,802 | €70,990 | €41,553 | ▼ 41.5% |
| Trade receivables40 | €54,239 | €69,609 | €70,421 | €70,990 | €40,475 | ▼ 43.0% |
| Other amounts receivable41 | €14,396 | €3,676 | €381 | - | €1,078 | - |
| Cash at bank and in hand54/58 | €16,169 | €35,337 | €41,402 | €5,397 | €63,835 | ▲ 1,083% |
| Deferred charges and accrued income490/1 | €3,142 | €3,111 | €3,021 | €3,048 | €3,385 | ▲ 11.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €96,533 | €114,570 | €125,599 | €86,763 | €113,683 | ▲ 31.0% |
| Equity10/15 | €65,759 | €62,286 | €54,725 | €55,550 | €56,156 | ▲ 1.1% |
| Contributions10/11 | €18,750 | €18,750 | €18,750 | €18,750 | €18,750 | = |
| Reserves13 | €47,009 | €43,536 | €35,975 | €36,800 | €37,406 | ▲ 1.6% |
| Non-distributable reserves130/1 | €1,875 | €1,875 | - | - | - | - |
| Reserves not available under the articles1311 | €1,875 | €1,875 | - | - | - | - |
| Distributable reserves133 | €45,134 | €41,661 | €35,975 | €36,800 | €37,406 | ▲ 1.6% |
| Amounts payable17/49 | €30,774 | €52,284 | €70,874 | €31,213 | €57,527 | ▲ 84.3% |
| Amounts payable within one year42/48 | €25,334 | €49,829 | €68,406 | €28,737 | €55,046 | ▲ 91.6% |
| Trade debts44 | €23,922 | €30,602 | €61,378 | €10,449 | €34,612 | ▲ 231% |
| Suppliers440/4 | €23,922 | €30,602 | €61,378 | €10,449 | €34,612 | ▲ 231% |
| Taxes, remuneration and social security45 | - | - | - | €4,952 | - | - |
| Taxes450/3 | - | - | - | €4,952 | - | - |
| Other amounts payable47/48 | €1,412 | €19,227 | €7,028 | €13,336 | €20,434 | ▲ 53.2% |
| Accrued charges and deferred income492/3 | €5,440 | €2,455 | €2,468 | €2,476 | €2,481 | ▲ 0.2% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€9,052 | -€3,473 | -€7,560 | €824 | €606 | ▼ 26.5% |
| + Depreciation and write-downs630 | €5,749 | €5,750 | €1,918 | €3,046 | €2,418 | ▼ 20.6% |
| Operating cash flow (approximation) | -€3,303 | €2,277 | -€5,642 | €3,870 | €3,024 | ▼ 21.9% |
| Investment in fixed assets (approximation) | - | €0 | -€9,455 | €0 | €0 | - |
| Change in cash | - | €19,168 | €6,065 | -€36,005 | €58,438 | ▲ 262% |
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
Next filing, fiscal year 2026, expected by
2026
12-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
23-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Back to profitnet €824
Net result €824 after 6 loss-making years.
24-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
26-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
22-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
29-05
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-05
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Zele · 1 establishment unit since 1981
Ground area
4,288 m²
Building footprint
2,209 m²
Volume, LiDAR
3,748 m³
2 parcels, Flanders · tallest building 12.2 m, ±3 floors. Linked by address, not a title deed.
5
companies at this address
See who is registered here
1 establishment unit
Dr. Victor Van Cauterenstraat 12, 9240 Zele
since 19812.019.644.522
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42028A1514/00C000 | Flanders | 3,910 m² | 1 · 1,784 m² | 0.1 m |
| 42402F0072/00P000 | Flanders | 378 m² | 1 · 425 m² | 12.2 m · 3 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.
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Of 12,174 companies in sector 69201 we hold annual accounts for 7,641. 6,073 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-11-1981
Fiscal year end31-12
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
Contact
Phone
052526995Zele
E-invoicing
Reachable via Peppol
Peppol ID
0208:0422063529
Also
9925:BE0422063529
Registered
21-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.