BOFREY
ActiveBOFREY has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €92k and a net result of €28k. Equity is growing by ~25.1% per year across the filed fiscal years. Its solvency ranks better than 88% of 12690 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
97
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100▲+3
Solvency100▲+11
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 8.7 against 2.73 in 2024; short-term debt: 11.4% and cash: 80.9% of total assets), and 11.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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
Sector 69
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
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
88.6%
Return on assets
27.1%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-08-2026, 8 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 · 5 filingsDeviation from the deadline
2025
8 d late
2024
30 d late
2023
15 d late
2022
28 d late
2021
30 d late
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€92k▲ 44.0%
2024 · €64k
2021: €29k
2022: €43k
2023: €61k
2024: €64k
2021 → 2025
Total assets
€103k▲ 3.8%
2024 · €100k
2021: €46k
2022: €62k
2023: €81k
2024: €100k
2021 → 2025
Net result
€28k▲ 25.5%
2024 · €22k
2021: €24k
2022: €14k
2023: €19k
2024: €22k
2021 → 2025
Working capital
€91k▲ 45.8%
2024 · €62k
2021: €29k
2022: €31k
2023: €55k
2024: €62k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€29k-€43k▲ 46.6%€61k▲ 43.2%€64k▲ 3.8%€92k▲ 44.0%
Operating result€33k-€19k▼ 42.5%€25k▲ 30.0%€30k▲ 23.4%€37k▲ 21.5%
Net result€24k-€14k▼ 43.8%€19k▲ 36.1%€22k▲ 20.6%€28k▲ 25.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 21% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €103k
Fixed assets
€603▼ 50.0%
Current assets
€103k▲ 4.4%
Equity and liabilities €103k
Equity
€92k▲ 44.0%
Debt
€12k▼ 67.2%
The debt ratio falls from 36.2% to 11.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€37k▲
2024 · €36k
Cash flow
€29k▲
2024 · €28k
Solvency
88.6%▲
2024 · 63.8%
Current ratio
8.70▲
2024 · 2.73
Quick ratio
8.70▲
2024 · 2.73
Debt / equity
0.13▼
2024 · 0.57
ROE
30.5%▼
2024 · 35.1%
ROA
27.1%▲
2024 · 22.4%
Interest coverage
72.16▲
2024 · 62.90
Debt
€12k▼
2024 · €36k
Debt ≤ 1 year
€12k▼
2024 · €36k
Income taxes
€8k▲
2024 · €7k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€100k€103k▲
Fixed assets21/28€1k€603▼
Tangible fixed assets22/27€1k€603▼
Plant, machinery and equipment23€859€429▼
Furniture and vehicles24€347€174▼
Current assets29/58€98k€103k▲
Amounts receivable within one year40/41€27k€19k▼
Trade receivables40€18k€19k▲
Other amounts receivable41€9k-
Cash at bank and in hand54/58€71k€84k▲
Deferred charges and accrued income490/1€335-
Equity and liabilities
Total equity and liabilities10/49€100k€103k▲
Equity10/15€64k€92k▲
Contributions10/11€5k€5k=
Reserves13€59k€87k▲
Distributable reserves133€59k€87k▲
Amounts payable17/49€36k€12k▼
Amounts payable within one year42/48€36k€12k▼
Trade debts44€1k€251▼
Suppliers440/4€1k€251▼
Taxes, remuneration and social security45€15k€11k▼
Taxes450/3€15k€11k▼
Other amounts payable47/48€20k€994▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€603▼
Other operating charges640/8€999€1k▲
Gross operating margin9900€37k€38k▲
Operating profit (loss)9901€30k€37k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€568€518▼
Recurring financial charges65€568€518▼
Profit (loss) for the period before taxes9903€30k€36k▲
Income taxes67/77€7k€8k▲
Profit (loss) for the period9904€22k€28k▲
Profit (loss) for the period to be appropriated9905€22k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€22k€28k▲
Transfer to equity691/2€2k€28k▲
To other reserves6921€2k€28k▲
Profit to be distributed694/7€20k-
Return on contributions (dividend)694€20k-
The notes to these accounts (4 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
08-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 8 days late
2025
31-12
Financial
Highest result since 2021net €28k ▲25.5%
Operating result €37k, net result €28k, both a record.
31-12
Financial
Liquidity triplescurrent ratio 8.70
Current ratio from 2.73 to 8.70; short-term debt falls from €36k to €12k.
30-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 30 days late
2024
15-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 15 days late
2023
28-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 28 days late
2022
31-12
Financial
Weakest financial yearnet €14k ▼43.8%
Net result drops to €14k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Ninove · 1 establishment unit since 2020
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.
Krepelstraat(Den) 1809400 NinoveGround area
1,174 m²
Building footprint
162 m²
Volume, LiDAR
762 m³
Parcel 41012C0037/00G000, Flanders · tallest building 7.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Krepelstraat(Den) 180, 9400 Ninove
since 20202.307.323.360
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41012C0037/00G000 | Flanders | 1,174 m² | 1 · 162 m² | 7.0 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.
Similar companies · same sector, comparable size
ML COMPTAFISC
BE 0650.709.553
Ottignies-Louvain-la-Neuve · Eq €92k
Fame
BE 0442.257.444
Sint-Lambrechts-Woluwe · Eq €92k
MD FISCALITE
BE 0802.962.535
Jemeppe-sur-Sambre · Eq €92k
Comptabilité-Fiscalité-Gestion-Gélis
BE 0555.983.016
Wasseiges · Eq €91k
ACCOUNTANTSKANTOOR FIVERCO
BE 0468.924.229
Vosselaar · Eq €92k
Of 12,174 companies in sector 69201 we hold annual accounts for 7,638. 6,449 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-09-2020
Fiscal year end31-12
Activities, NACEBEL
69201Certified accountants and tax accountants
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.