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BOGARDO SYSTEMS

Active
Private limited companyfounded 2021active for 5 yearsBellekouterlaan 52, 9260 Wichelen, BelgiumKBO/BCE: BE 0768.609.588
Summary

BOGARDO SYSTEMS has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3,427 and a net result of -€497. Equity has been shrinking by about 3.9% per year since 2021. Its solvency ranks better than 14% of 34,972 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 1.3% (low).

Overview

Official details

Source: KBO
Status
Active since 20-05-2021 Normal situation
Activity
Installation of electric heating, air conditioning, cooling and ventilation NACE 43222and 4 others
Establishment unit
2.317.401.264 9260 Wichelen, since 20-05-2021
Financial year end
31 December
Peppol
Reachable since 28-11-2025

Board and ownership

Board

Financial position

62 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.3%
Annual accounts 2025
Gross margin
€4,432
▼ 57.9%
Turnover
≈ €58,000
estimated
Loss
€497
Equity
€3,427
▼ 85.7%
Total assets
€32,658
▲ 12.6%
Score breakdownraises riskFounded in 2021Sector: Specialised construction activities (NACE 43)Equity €3,427 (10.5% of total assets)lowers riskSize: total assets €32,658Show the evidence

Checked score

Score 2025
62 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 15% of micro companies in specialised construction (NACE 43)
Financial strength · tick: 2024
Weak
Solvency 35-65
equity 10.5% of total assets
Liquidity 17-74
short-term debt 89.5% · cash 13.2%
Profitability 67-16
return on assets -1.5%
Bankruptcy probability within 12 months
1.3% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,685 companies, NACE 43, micro)
Last 24 months 12-2024: 0.6% 01-2025: 0.4%▼ -0.2 percentage points vs 12-2024 02-2025: 0.4%● unchanged vs 01-2025 03-2025: 0.4%● unchanged vs 02-2025 04-2025: 0.5%▲ +0.1 percentage points vs 03-2025 05-2025: 0.6%▲ +0.1 percentage points vs 04-2025 06-2025: 0.4%▼ -0.2 percentage points vs 05-2025lowest value 07-2025: 0.4%● unchanged vs 06-2025lowest value 08-2025: 0.4%● unchanged vs 07-2025lowest value 09-2025: 0.4%● unchanged vs 08-2025lowest value 10-2025: 0.4%● unchanged vs 09-2025 11-2025: 0.4%● unchanged vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.4%● unchanged vs 12-2025 02-2026: 0.4%● unchanged vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 1.4%▲ +1.0 percentage point vs 03-2026highest value 05-2026: 1.4%● unchanged vs 04-2026highest value 06-2026: 1.4%● unchanged vs 05-2026 07-2026: 1.3%▼ -0.1 percentage points vs 06-2026 08-2026: 1.4%▲ +0.1 percentage points vs 07-2026 09-2026: 1.3%▼ -0.1 percentage points vs 08-2026 10-2026: 1.3%● unchanged vs 09-2026 11-2026: 1.3%● unchanged vs 10-2026
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 14% of them on solvency, 9% on liquidity, 33% on profitability and 5% on growth.

The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Founded in 2021
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Size: total assets €32,658
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Sector: Specialised construction activities (NACE 43)
KBO
raises risk · Equity €3,427 (10.5% of total assets)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 14% of 34972 sector peers (2025).
NBB · sector comparison
Position among 34972 sector peers
Solvency
better than 14%
← weakest strongest →
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 31-03-2026, 122 days ahead of the deadline.
NBB · 5 filings
Deviation from the deadline
2025
122 days early
2024
77 days early
2023
116 days early
2022
119 days early
2021
125 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 5 accounts on average 112 days before the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 3 April (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Less equity than 89% of companies in specialised constructionsector median €57,775 · 34,984 companies €3,427 View
  • Positive: Always filed on timeaccounts within the deadline every year 5 years View

Recent changes

  1. · Gazette deed Appointment: Jana Bogaert (director)
  2. · Gazette deed Incorporation
All 10 events

Comparable companies

These companies have the same main activity as BOGARDO SYSTEMS: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €26,400 and €40,900, founded in 2021.

CompanyTotal assetsGross margin
BOGARDO SYSTEMS Wichelen€32,658€4,432
STT Houthalen-Helchteren€30,752€4,889
S&T Reno Ranst€34,784€4,928
G 2 Group Charleroi€38,321€4,172
STI GRUP Beersel€30,751€5,635
G.V Ecotechnics Tienen€26,412€3,892
PM Techni Therm Walcourt€40,894€4,349
Full comparison

Key facts about BOGARDO SYSTEMS

What is the company number of BOGARDO SYSTEMS?
The company number of BOGARDO SYSTEMS is 0768.609.588. The VAT number is the same number with BE in front: BE 0768.609.588.
Where is BOGARDO SYSTEMS based?
The registered office is at Bellekouterlaan 52, 9260 Wichelen.Company details
What does BOGARDO SYSTEMS do?
According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of BOGARDO SYSTEMS?
The legal form of BOGARDO SYSTEMS is Private limited company (BV).
When was BOGARDO SYSTEMS founded?
BOGARDO SYSTEMS was founded on 20-05-2021.
Is BOGARDO SYSTEMS still active?
Yes, BOGARDO SYSTEMS is an active enterprise in the KBO register.
What is the turnover of BOGARDO SYSTEMS?
The turnover in financial year 2025 is ≈ €58,000. This figure is estimated from the gross margin of €4,432 and 32 comparable companies (NACE 43222). It probably lies between €36,000 and €83,000. It is a rough estimate.Financials
Is BOGARDO SYSTEMS profitable?
In financial year 2025, BOGARDO SYSTEMS made a loss of €497.
Where can I find the annual accounts of BOGARDO SYSTEMS?
BOGARDO SYSTEMS filed 5 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BOGARDO SYSTEMS due?
BOGARDO SYSTEMS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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