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BOGAERTS

Active
Private limited companyfounded 199926 yrs activePollareveld 49, 1861 Meise, BelgiumKBO/BCE: BE 0468.884.637

BOGAERTS has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €83k and a net result of €4k. Equity is growing by ~26.9% per year across the filed fiscal years. Its solvency ranks better than 83% of 27386 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2025
94 / 100
Excellent▲ +42 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability24▲+24
Solvency100▲+3
Growth78▲+26
Stability100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days acceptable
Liquidity ample (current ratio 4.01 against 2.19 in 2024), and 21.7% 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 riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 26 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
78.3%
Return on assets
3.8%
Age of the figures
8 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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
42 d late
2023
29 d late
2022
30 d late
2021
26 d late
2020
31 d late
2019
49 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 months
Position in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, micro schema

Equity
€83k▲ 5.1%
2024 · €79k
2018: €-1k 2019: €18k 2020: €44k 2021: €68k 2022: €88k 2023: €110k 2024: €79k
2018 → 2025
Total assets
€106k▼ 26.1%
2024 · €143k
2018: €91k 2019: €71k 2020: €87k 2021: €170k 2022: €168k 2023: €188k 2024: €143k
2018 → 2025
Net result
€4k
2024 · €-31k
2018: €-24k 2019: €19k 2020: €26k 2021: €24k 2022: €20k 2023: €21k 2024: €-31k
2018 → 2025
Working capital
€69k▲ 4.2%
2024 · €66k
2018: €-13k 2019: €8k 2020: €38k 2021: €46k 2022: €65k 2023: €94k 2024: €66k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€68k-€88k▲ 29.8%€110k▲ 24.3%€79k▼ 28.0%€83k▲ 5.1%
Operating result€37k-€28k▼ 22.8%€30k▲ 6.9%€-32k€4k
Net result€24k-€20k▼ 16.1%€21k▲ 5.8%€-31k€4k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-40k€-20k€0€20k€40kOperating result 2021: €37k€37kNet result 2021: €24k€24kOperating result 2022: €28k€28kNet result 2022: €20k€20kOperating result 2023: €30k€30kNet result 2023: €21k€21kOperating result 2024: €-32k€-32kNet result 2024: €-31k€-31kOperating result 2025: €4k€4kNet result 2025: €4k€4k20212022202320242025
The operating result returns to profit in 2025: €4k after a loss of €32k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €106k
Fixed assets €14k▼ 34.7%
Current assets €92k▼ 24.5%
Equity and liabilities €106k
Equity €83k▲ 5.1%
Debt €23k▼ 64.3%
The debt ratio falls from 44.9% to 21.7%: equity grows while debt is paid down.
Key figures and ratios
2025 value · change against 2024
EBITDA
€18k
2024 · €-18k
Cash flow
€18k
2024 · €-17k
Solvency
78.3%
2024 · 55.1%
Current ratio
4.01
2024 · 2.19
Quick ratio
2.48
2024 · 1.28
Debt / equity
0.28
2024 · 0.81
ROE
4.8%
2024 · -38.9%
ROA
3.8%
2024 · -21.5%
Interest coverage
10.13
2024 · -13.02
Debt
€23k
2024 · €64k
Debt ≤ 1 year
€23k
2024 · €56k
Income taxes
€21
2024 · €267
Staff costs
€85k
2024 · €78k
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€143k€106k
Fixed assets21/28€21k€14k
Tangible fixed assets22/27€21k€14k
Plant, machinery and equipment23-€3k
Furniture and vehicles24€21k€11k
Current assets29/58€122k€92k
Stocks and contracts in progress3€51k€35k
Stocks30/36€51k€35k
Amounts receivable within one year40/41€62k€41k
Trade receivables40€2k€5k
Other amounts receivable41€60k€37k
Cash at bank and in hand54/58€7k€13k
Deferred charges and accrued income490/1€3k€3k
Equity and liabilities
Total equity and liabilities10/49€143k€106k
Equity10/15€79k€83k
Contributions10/11€48k€48k=
Reserves13€4k€4k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€2k€2k=
Profit (loss) carried forward14€27k€31k
Amounts payable17/49€64k€23k
Amounts payable after more than one year17€8k-
Financial debts170/4€8k-
Amounts payable within one year42/48€56k€23k
Current portion of amounts payable after more than one year42€11k€8k
Trade debts44€26k€15k
Suppliers440/4€26k€15k
Taxes, remuneration and social security45€19k€346
Taxes450/3€12k€346
Remuneration and social security454/9€7k-
Accrued charges and deferred income492/3€943-
Income statement Code20242025
Remuneration, social security and pensions62€78k€85k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€14k
Other operating charges640/8€3k€2k
Gross operating margin9900€64k€105k
Operating profit (loss)9901€-32k€4k
Financial income75/76B€3k€2k
Recurring financial income75€3k€2k
Financial charges65/66B€1k€2k
Recurring financial charges65€1k€2k
Profit (loss) for the period before taxes9903€-30k€4k
Income taxes67/77€267€21
Profit (loss) for the period9904€-31k€4k
Profit (loss) for the period to be appropriated9905€-31k€4k
Appropriation of the result
Profit (loss) to be appropriated9906€27k€31k
Profit (loss) brought forward from the previous period14P€58k€27k

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
31-07
NBB filing Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial Back to profitnet €4k
Net result €4k after one loss-making year.
11-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 42 days late
2024
31-12
Financial Weakest financial yearnet €-31k ▼243%
Net result drops to €-31k, the lowest in the series; recovery starts the following year.
29-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
31-12
Financial Equity above €100kEq €110k ▲24.3%
5 profitable years in a row build equity to €110k.
30-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
26-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-08
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial Highest result since 2018net €26k ▲33.8%
Net result €26k, the highest in the series.
18-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 49 days late
2019
31-12
Financial Back to profitnet €19k
Net result €19k after one loss-making year.
21-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 82 days late
2018
15-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 76 days late
2017
30-11
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 122 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Meise · 1 establishment unit since 2000
establishment The establishment unit on the map
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.

Pollareveld 491861 Meise
Ground area
638 m²
Building footprint
148 m²
Volume, LiDAR
657 m³
Parcel 23093B0470/00T003, Flanders · tallest building 7.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Pollareveld 49, 1861 Meise
NACE 4525012
since 20002.099.369.812
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23093B0470/00T003 Flanders 638 m² 1 · 148 m² 7.7 m · 1 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

Of 22,728 companies in sector 43211 we hold annual accounts for 10,271. 8,761 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded27-12-1999
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filingsAddress and cadastre registers

Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.