BOGAERTS STEFAN
ActiveSummary
BOGAERTS STEFAN has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €567k and a net result of €105k. Equity is growing by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 93% of 2008 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
97
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability89▲+13
Solvency100=
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 12.72 against 7.16 in 2024; short-term debt: 7.3% and cash: 48.7% of total assets), and 10.1% of the assets are financed with debt.
Credit check for your own amount and term
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 71
Relative position
BE, all sectors
reference
Sector 71
lower
← 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
89.9%
Return on assets
16.6%
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 31-08-2026, 31 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 · 10 filingsDeviation from the deadline
2025
31 d late
2024
27 d late
2023
31 d late
2022
168 d late
2021
31 d late
2020
30 d late
2019
31 d late
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€567k▲ 22.6%
2024 · €463k
2018: €384k
2019: €409k
2020: €436k
2021: €461k
2022: €505k
2023: €437k
2024: €463k
2018 → 2025
Total assets
€631k▲ 14.8%
2024 · €549k
2018: €665k
2019: €511k
2020: €574k
2021: €580k
2022: €597k
2023: €557k
2024: €549k
2018 → 2025
Net result
€105k▲ 212%
2024 · €33k
2018: €75k
2019: €25k
2020: €27k
2021: €25k
2022: €44k
2023: €4k
2024: €33k
2018 → 2025
Working capital
€543k▲ 27.2%
2024 · €427k
2018: €442k
2019: €388k
2020: €404k
2021: €413k
2022: €447k
2023: €408k
2024: €427k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€461k-€505k▲ 9.5%€437k▼ 13.4%€463k▲ 5.8%€567k▲ 22.6%
Operating result€33k-€61k▲ 84.4%€13k▼ 79.4%€45k▲ 259%€125k▲ 175%
Net result€25k-€44k▲ 75.9%€4k▼ 90.9%€33k▲ 738%€105k▲ 212%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 175% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €631k
Fixed assets
€41k ▼ 22.0%
Current assets
€590k ▲ 18.8%
Equity and liabilities €631k
Equity
€567k ▲ 22.6%
Provisions
€18k =
Debt
€46k ▼ 33.2%
Debt's share of the balance-sheet total falls from 12.6% to 7.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€146k▲
2024 · €60k
Cash flow
€126k▲
2024 · €48k
Current ratio
12.72▲
2024 · 7.16
Debt to equity
0.08▼
2024 · 0.15
ROE
18.4%▲
2024 · 7.2%
ROA
16.6%▲
2024 · 6.1%
Interest coverage
1417.18▲
2024 · 11.47
Debt ≤ 1 year
€46k▼
2024 · €69k
Income taxes
€20k▲
2024 · €10k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€549k€631k▲
Fixed assets21/28€53k€41k▼
Tangible fixed assets22/27€53k€41k▼
Land and buildings22€12k€9k▼
Plant, machinery and equipment23€40k€29k▼
Furniture and vehicles24€991€3k▲
Current assets29/58€496k€590k▲
Amounts receivable after more than one year29€90k€90k=
Other amounts receivable291€90k€90k=
Amounts receivable within one year40/41€172k€63k▼
Trade receivables40€129k-
Other amounts receivable41€43k€63k▲
Cash at bank and in hand54/58€234k€307k▲
Deferred charges and accrued income490/1-€129k
Equity and liabilities
Total equity and liabilities10/49€549k€631k▲
Equity10/15€463k€567k▲
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€368k€468k▲
Non-distributable reserves130/1€99k€99k=
Legal reserve130€9k€9k=
Other1319€90k€90k=
Tax-exempt reserves132€45k€45k=
Distributable reserves133€224k€324k▲
Profit (loss) carried forward14€76k€81k▲
Provisions and deferred taxes16€18k€18k=
Provisions for liabilities and charges160/5€18k€18k=
Other liabilities and charges164/5€18k€18k=
Amounts payable17/49€69k€46k▼
Amounts payable within one year42/48€69k€46k▼
Trade debts44€69k-
Suppliers440/4€69k-
Other amounts payable47/48€713€46k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€21k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€15k€799▼
Other operating charges640/8€778-
Gross operating margin9900€75k€147k▲
Operating profit (loss)9901€45k€125k▲
Financial income75/76B€3k€157▼
Recurring financial income75€3k€157▼
Financial charges65/66B€5k€103▼
Recurring financial charges65€5k€103▼
Profit (loss) for the period before taxes9903€43k€125k▲
Income taxes67/77€10k€20k▲
Profit (loss) for the period9904€33k€105k▲
Profit (loss) for the period to be appropriated9905€33k€105k▲
Appropriation of the result
Profit (loss) to be appropriated9906€106k€181k▲
Profit (loss) brought forward from the previous period14P€73k€76k▲
Transfer to equity691/2€30k€100k▲
To other reserves6921€30k€100k▲
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
31-12
Financial
Highest result since 2018net €105k ▲212%
Operating result €125k, net result €105k, both a record.
31-12
Financial
Equity above €500kEq €567k ▲22.6%
8 profitable years in a row build equity to €567k.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
15-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 168 days late
2023
31-12
Financial
Weakest financial yearnet €4k ▼90.9%
Net result drops to €4k, the lowest in the series; recovery starts the following year.
2022
31-12
Financial
Equity above €500kEq €505k ▲9.5%
5 profitable years in a row build equity to €505k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 30 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Zoersel · 1 establishment unit since 1998
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.
Emiel Vermeulenstraat 1452980 ZoerselGround area
2,144 m²
Building footprint
269 m²
Volume, LiDAR
532 m³
2 parcels, Flanders · tallest building 10.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Ertbruggestraat 55, 2110 Wijnegem
since 19982.086.913.725
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11453I0022/00S000 | Flanders | 1,637 m² | 1 · 199 m² | - |
| 11050A0306/00M000 | Flanders | 506 m² | 1 · 70 m² | 10.5 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
Petrus Design Factory
BE 0822.156.855
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ZOULA
BE 0472.956.261
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Rebecca Verstraete
BE 0879.899.767
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Appeltans en Martens
BE 0832.008.194
Herk-de-Stad · Eq €537k
Intra Interieur
BE 0533.955.207
Merelbeke-Melle · Eq €536k
Of 3,920 companies in sector 71112 we hold annual accounts for 1,295. 651 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-05-1998
Fiscal year end31-12
Activities, NACEBEL 2025
71112Activities of interior architects
16230Manufacture of other builders' carpentry and joinery
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 15 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.