BOFRESH
ActiveBOFRESH has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €247k and a net result of €143k. Equity is growing by ~39.3% per year across the filed fiscal years. Its solvency ranks better than 23% of 9037 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability82▲+11
Solvency44▲+10
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity tight (current ratio 1.0 against 0.9 in 2023; short-term debt: 71% and cash: 10.9% of total assets), and 81% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 9037 sector peers (2024).
NBB · sector comparisonPosition among 9037 sector peers
Solvency
better than 23%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-06-2025, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
51 d early
2023
44 d early
2022
46 d early
2021
6 d early
2020
9 d late
2019
27 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€247k▲ 136%
2023 · €104k
2018: €-6k
2019: €21k
2020: €32k
2021: €59k
2022: €78k
2023: €104k
2018 → 2024
Total assets
€1.30M▲ 7.5%
2023 · €1.21M
2018: €353k
2019: €544k
2020: €544k
2021: €673k
2022: €978k
2023: €1.21M
2018 → 2024
Net result
€143k▲ 442%
2023 · €26k
2018: €51k
2019: €51k
2020: €27k
2021: €27k
2022: €19k
2023: €26k
2018 → 2024
Working capital
€2k
2023 · €-87k
2018: €-66k
2019: €-59k
2020: €-59k
2021: €-147k
2022: €-58k
2023: €-87k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€32k-€59k▲ 84.5%€78k▲ 32.9%€104k▲ 33.7%€247k▲ 136%
Operating result€49k-€54k▲ 9.2%€50k▼ 7.7%€49k▼ 1.5%€206k▲ 321%
Net result€27k-€27k▼ 0.6%€19k▼ 28.2%€26k▲ 36.0%€143k▲ 442%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 321% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.30M
Fixed assets
€374k▼ 3.7%
Current assets
€923k▲ 12.9%
Equity and liabilities €1.30M
Equity
€247k▲ 136%
Debt
€1.05M▼ 4.7%
The debt ratio falls from 91.3% to 81.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€267k▲
2023 · €106k
Cash flow
€204k▲
2023 · €84k
Solvency
19.0%▲
2023 · 8.7%
Current ratio
1.00▲
2023 · 0.90
Quick ratio
0.93▲
2023 · 0.85
Debt / equity
4.25▼
2023 · 10.54
ROE
57.7%▲
2023 · 25.2%
ROA
11.0%▲
2023 · 2.2%
Interest coverage
22.93▲
2023 · 9.22
Debt
€1.05M▼
2023 · €1.10M
Debt ≤ 1 year
€921k▲
2023 · €905k
Debt > 1 year
€129k▼
2023 · €197k
Income taxes
€54k▲
2023 · €14k
Staff costs
€573k▲
2023 · €433k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.21M€1.30M▲
Fixed assets21/28€389k€374k▼
Intangible fixed assets21€221k€191k▼
Tangible fixed assets22/27€168k€183k▲
Plant, machinery and equipment23€24k€32k▲
Furniture and vehicles24€9k€25k▲
Other tangible fixed assets26€134k€126k▼
Financial fixed assets28-€700
Current assets29/58€818k€923k▲
Stocks and contracts in progress3€49k€71k▲
Stocks30/36€49k€71k▲
Amounts receivable within one year40/41€710k€706k▼
Trade receivables40€577k€699k▲
Other amounts receivable41€132k€7k▼
Cash at bank and in hand54/58€59k€142k▲
Deferred charges and accrued income490/1€416€4k▲
Equity and liabilities
Total equity and liabilities10/49€1.21M€1.30M▲
Equity10/15€104k€247k▲
Contributions10/11€62k€62k=
Reserves13€43k€186k▲
Distributable reserves133€43k€186k▲
Amounts payable17/49€1.10M€1.05M▼
Amounts payable after more than one year17€197k€129k▼
Financial debts170/4€197k€129k▼
Amounts payable within one year42/48€905k€921k▲
Current portion of amounts payable after more than one year42€37k€38k▲
Trade debts44€761k€818k▲
Suppliers440/4€761k€818k▲
Taxes, remuneration and social security45€52k€65k▲
Remuneration and social security454/9€52k€65k▲
Other amounts payable47/48€55k-
Accrued charges and deferred income492/3€36-
Income statement
Code20232024
Remuneration, social security and pensions62€433k€573k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€57k€61k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€189-
Other operating charges640/8€19k€7k▼
Non-recurring operating charges66A-€4k
Gross operating margin9900€558k€851k▲
Operating profit (loss)9901€49k€206k▲
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€12k€12k▲
Recurring financial charges65€12k€12k▲
Profit (loss) for the period before taxes9903€40k€196k▲
Income taxes67/77€14k€54k▲
Profit (loss) for the period9904€26k€143k▲
Profit (loss) for the period to be appropriated9905€26k€143k▲
Appropriation of the result
Profit (loss) to be appropriated9906€26k€143k▲
Transfer to equity691/2€26k€143k▲
To other reserves6921€26k€143k▲
Social balance
Average headcount (FTE)90878.28.8▲
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €143k ▲442%
Operating result €206k, net result €143k, both a record.
31-12
Financial
Equity above €200kEq €247k ▲136%
7 profitable years in a row build equity to €247k.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €100kEq €104k ▲33.7%
6 profitable years in a row build equity to €104k.
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €19k ▼28.2%
Net result drops to €19k, the lowest in the series; recovery starts the following year.
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
09-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 9 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 27 days late
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
09-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Zoutleeuw · 1 establishment unit since 2005
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.
Durasweg 163440 ZoutleeuwGround area
4,547 m²
Building footprint
601 m²
Volume, LiDAR
2,997 m³
Parcel 24130E0174/00T000, Flanders · tallest building 6.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BOFRESH BVBA
since 20052.172.661.725
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24130E0174/00T000 | Flanders | 4,547 m² | 1 · 601 m² | 6.8 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 · 1 entry · 521 EUR awarded · 521 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 521 EUR | 521 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Recognitions · licences · registrations
Food safety, FASFC
1 siteZoutleeuw2.172.661.725
Similar companies · same sector, comparable size
PITTOORS - DE WIT
BE 0457.167.532
Ranst · Eq €247k
AU PERE CLEMENT
BE 0473.021.686
Namur · Eq €247k
Deco Foods
BE 0454.538.535
Turnhout · Eq €247k
SOL VITA FRUIT
BE 0402.820.016
Sint-Jans-Molenbeek · Eq €245k
Zoete Polder
BE 0464.933.767
Knokke-Heist · Eq €249k
Of 956 companies in sector 46319 we hold annual accounts for 609. 428 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-06-2002
Fiscal year end31-12
Activities, NACEBEL
46319Wholesale of fruit and vegetables, excluding potatoes
51310
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.