BOGAERT
ActiveSummary
BOGAERT has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €643,603 and a net result of €4,839. Equity is growing by ~13.1% per year across the filed fiscal years. Its solvency ranks better than 70% of 8115 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability69▼-2
Solvency89▼-11
Growth68=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 1.93 against 2.9 in 2024; short-term debt: 35.9% and cash: 15.5% of total assets), and 36% 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+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
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
64%
Return on assets
0.5%
Age of the figures
9 mo
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
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
41 d early
2023
1 d early
2022
56 d late
2021
106 d late
2020
153 d late
2019
122 d late
← 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 55 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
€3.0m▲ 60.3%
2020 · €1.9m
EBIT margin
9.1%▲ 2.0pp
2020 · 7.1%
Net result
€4,839▼ 66.5%
2024 · €14,460
Working capital
€336,258▼ 9.5%
2024 · €371,583
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, 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€3.0m▲ 60.3%
Operating result€271,411▲ 106%€163,949▼ 39.6%€36,645▼ 77.6%€14,702▼ 59.9%€6,602▼ 55.1%
Net result€194,654above the sector's middle half▲ 104%€114,280within the sector's middle half▼ 41.3%€22,047within the sector's middle half▼ 80.7%€14,460within the sector's middle half▼ 34.4%€4,839within the sector's middle half▼ 66.5%
EBIT margin9.1%▲ 2.0pp
Equity€487,978within the sector's middle half▲ 66.4%€602,258within the sector's middle half▲ 23.4%€624,305within the sector's middle half▲ 3.7%€638,764within the sector's middle half▲ 2.3%€643,603within the sector's middle half▲ 0.8%
Total assets€983,269within the sector's middle half▲ 65.2%€988,228within the sector's middle half▲ 0.5%€787,945within the sector's middle half▼ 20.3%€834,216within the sector's middle half▲ 5.9%€1.0mwithin the sector's middle half▲ 20.5%
Debt€495,291▲ 64.0%€385,970▼ 22.1%€163,640▼ 57.6%€195,452▲ 19.4%€361,699▲ 85.1%
Working capital€125,523▼ 21.5%€276,975▲ 121%€392,231▲ 41.6%€371,583▼ 5.3%€336,258▼ 9.5%
Solvency49.6%within the sector's middle half▲ 0.4pp60.9%within the sector's middle half▲ 11.3pp79.2%above the sector's middle half▲ 18.3pp76.6%above the sector's middle half▼ 2.7pp64.0%within the sector's middle half▼ 12.5pp
Staff (FTE)1.1below the sector's middle half▲ 10.0%1.9within the sector's middle half▲ 72.7%1.8within the sector's middle half▼ 5.3%1.8within the sector's middle half=1.8within the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 55% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.0m
Fixed assets
€308,153 ▲ 15.3%
Current assets
€697,149 ▲ 22.9%
Equity and liabilities €1.0m
Equity
€643,603 ▲ 0.8%
Debt
€361,699 ▲ 85.1%
Debt's share of the balance-sheet total rises from 23.4% to 36.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€120,484▲
2024 · €119,363
Cash flow
€118,720▼
2024 · €119,120
Current ratio
1.93▼
2024 · 2.90
Debt to equity
0.56▲
2024 · 0.31
ROE
0.8%▼
2024 · 2.3%
ROA
0.5%▼
2024 · 1.7%
Interest coverage
121.83▲
2024 · 74.70
Debt ≤ 1 year
€360,891▲
2024 · €195,452
Income taxes
€1,215▼
2024 · €7,398
Staff costs
€106,653▲
2024 · €99,344
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 16,986 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 0.4% 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 497,058 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% | 1.6% |
| 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 74% 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 16,986 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 | €3.0m | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €2.6m | - | - | - | - | - |
| Remuneration, social security and pensions62 | €60,722 | €91,553 | €124,371 | €99,344 | €106,653 | ▲ 7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €53,046 | €94,602 | €92,289 | €104,661 | €113,882 | ▲ 8.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | -€14,906 | €0 | ▲ 100% |
| Other operating charges640/8 | €1,722 | €1,405 | €3,455 | €20,482 | €868 | ▼ 95.8% |
| Gross operating margin9900 | €386,901 | €351,509 | €256,761 | €224,284 | €228,005 | ▲ 1.7% |
| Operating profit (loss)9901 | €271,411 | €163,949 | €36,645 | €14,702 | €6,602 | ▼ 55.1% |
| Financial income75/76B | €6,563 | €364 | €870 | €8,754 | €440 | ▼ 95.0% |
| Recurring financial income75 | €6,563 | €364 | €870 | €8,754 | €440 | ▼ 95.0% |
| Financial charges65/66B | €1,098 | €1,714 | €2,511 | €1,598 | €989 | ▼ 38.1% |
| Recurring financial charges65 | €1,098 | €1,714 | €2,511 | €1,598 | €989 | ▼ 38.1% |
| Profit (loss) for the period before taxes9903 | €276,876 | €162,599 | €35,004 | €21,858 | €6,053 | ▼ 72.3% |
| Income taxes67/77 | €82,222 | €48,320 | €12,957 | €7,398 | €1,215 | ▼ 83.6% |
| Profit (loss) for the period9904 | €194,654 | €114,280 | €22,047 | €14,460 | €4,839 | ▼ 66.5% |
| Profit (loss) for the period to be appropriated9905 | €194,654 | €114,280 | €22,047 | €14,460 | €4,839 | ▼ 66.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €983,269 | €988,228 | €787,945 | €834,216 | €1.0m | ▲ 20.5% |
| Fixed assets21/28 | €362,455 | €325,282 | €237,529 | €267,182 | €308,153 | ▲ 15.3% |
| Intangible fixed assets21 | €2,461 | €47,376 | €36,737 | €26,097 | €15,457 | ▼ 40.8% |
| Tangible fixed assets22/27 | €359,859 | €277,771 | €200,522 | €240,949 | €292,561 | ▲ 21.4% |
| Plant, machinery and equipment23 | €26,564 | €19,319 | €12,667 | €88,855 | €225,616 | ▲ 154% |
| Furniture and vehicles24 | €333,295 | €258,452 | €187,855 | €152,095 | €66,945 | ▼ 56.0% |
| Financial fixed assets28 | €135 | €135 | €270 | €135 | €135 | = |
| Current assets29/58 | €620,814 | €662,945 | €550,417 | €567,035 | €697,149 | ▲ 22.9% |
| Amounts receivable within one year40/41 | €420,308 | €271,891 | €301,456 | €325,641 | €326,648 | ▲ 0.3% |
| Trade receivables40 | €378,094 | €241,361 | €234,631 | €224,106 | €250,832 | ▲ 11.9% |
| Other amounts receivable41 | €42,214 | €30,530 | €66,825 | €101,534 | €75,816 | ▼ 25.3% |
| Current investments50/53 | - | - | €125,000 | €0 | €129,000 | - |
| Cash at bank and in hand54/58 | €194,495 | €384,376 | €109,647 | €227,960 | €155,513 | ▼ 31.8% |
| Deferred charges and accrued income490/1 | €6,010 | €6,678 | €14,313 | €13,434 | €85,988 | ▲ 540% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €983,269 | €988,228 | €787,945 | €834,216 | €1.0m | ▲ 20.5% |
| Equity10/15 | €487,978 | €602,258 | €624,305 | €638,764 | €643,603 | ▲ 0.8% |
| Contributions10/11 | €12,450 | €12,450 | €12,450 | €12,450 | €12,450 | = |
| Reserves13 | €475,528 | €589,808 | €611,855 | €626,314 | €626,314 | = |
| Non-distributable reserves130/1 | €13,694 | €13,694 | €13,694 | €13,694 | €13,694 | = |
| Reserves not available under the articles1311 | €13,694 | €13,694 | €13,694 | €13,694 | €13,694 | = |
| Distributable reserves133 | €461,834 | €576,113 | €598,161 | €612,620 | €612,620 | = |
| Profit (loss) carried forward14 | - | - | - | - | €4,839 | - |
| Amounts payable17/49 | €495,291 | €385,970 | €163,640 | €195,452 | €361,699 | ▲ 85.1% |
| Amounts payable within one year42/48 | €495,291 | €385,970 | €158,185 | €195,452 | €360,891 | ▲ 84.6% |
| Current portion of amounts payable after more than one year42 | - | - | €150 | €150 | €150 | = |
| Trade debts44 | €335,001 | €261,253 | €111,751 | €96,653 | €200,414 | ▲ 107% |
| Suppliers440/4 | €335,001 | €261,253 | €111,751 | €96,653 | €200,414 | ▲ 107% |
| Taxes, remuneration and social security45 | €88,108 | €72,578 | €23,360 | €17,906 | €17,431 | ▼ 2.7% |
| Taxes450/3 | €76,453 | €57,369 | €5,537 | €5,228 | €5,411 | ▲ 3.5% |
| Remuneration and social security454/9 | €11,655 | €15,210 | €17,823 | €12,678 | €12,020 | ▼ 5.2% |
| Other amounts payable47/48 | €72,182 | €52,139 | €22,924 | €80,743 | €142,897 | ▲ 77.0% |
| Accrued charges and deferred income492/3 | - | - | €5,455 | €0 | €808 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €194,654 | €114,280 | €22,047 | €14,460 | €4,839 | ▼ 66.5% |
| + Depreciation and write-downs630 | €53,046 | €94,602 | €92,289 | €104,661 | €113,882 | ▲ 8.8% |
| Operating cash flow (approximation) | €247,700 | €208,881 | €114,336 | €119,120 | €118,720 | ▼ 0.3% |
| Investment in fixed assets (approximation) | - | -€57,429 | -€4,535 | -€134,314 | -€154,853 | ▼ 15.3% |
| Change in cash | - | €189,880 | -€274,729 | €118,313 | -€72,448 | ▼ 161% |
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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €4,839 ▼66.5%
Net result drops to €4,839, the lowest in the series.
20-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Liquidity doublescurrent ratio 3.48
Current ratio from 1.72 to 3.48; short-term debt falls from €385,970 to €158,185.
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 56 days late
2022
31-12
Financial
Equity above €500,000Eq €602,258 ▲23.4%
5 profitable years in a row build equity to €602,258.
14-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 106 days late
2021
31-12
Financial
Highest result since 2018net €194,654 ▲104%
Operating result €271,411, net result €194,654, both a record.
31-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 153 days late
2020
31-12
Financial
Equity above €200,000Eq €293,324 ▲48.1%
3 profitable years in a row build equity to €293,324.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 122 days late
Show earlier events
2019
27-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 27 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Oosterzele · 1 establishment unit since 2001
Ground area
1,773 m²
Building footprint
227 m²
Volume, LiDAR
1,217 m³
Parcel 44007A0894/00B000, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Berg 26, 9860 Oosterzele
since 20012.101.219.938
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44007A0894/00B000 | Flanders | 1,773 m² | 1 · 226 m² | 7.8 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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
2023 to 2025 · 5 entries · 15,801 EUR awarded · 15,801 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 4,920 EUR | 4,920 EUR |
| 2024 | 2 | 2,615 EUR | 2,615 EUR |
| 2023 | 2 | 8,266 EUR | 8,266 EUR |
Recognitions · licences · registrations
Food safety, FASFC
1 siteOosterzele2.101.219.938
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Of 552 companies in sector 46220 we hold annual accounts for 308. 218 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
Founded22-01-2001
Fiscal year end31-12
Activities, NACEBEL 2025
46220Wholesale trade
01191Growing of flowers
Contact
Website
www.boomkwekerij-bogaert.be
E-mail
info@boomkwekerij-bogaert.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0473882315
Also
9925:BE0473882315
Registered
02-01-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.