BOGHE CONSTRUCT
ActiveSummary
BOGHE CONSTRUCT has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €27,218 and a net result of -€519. Equity is growing by ~18.2% per year across the filed fiscal years. Its solvency ranks better than 36% of 28051 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability49▲+25
Solvency59▲+2
Growth52=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.33 against 1.32 in 2024; short-term debt: 63.2% and cash: 0% of total assets), and 65.6% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
34.4%
Return on assets
-0.7%
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 21-08-2026, 21 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
21 d late
2024
27 d late
2023
22 d late
2022
32 d late
2021
78 d late
2020
72 d late
2019
70 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 46 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file What other support did companies like this one receive, and it did not?Subsidy mirror How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€27,218▼ 1.9%
2024 · €27,737
Total assets
€79,107▼ 9.0%
2024 · €86,949
Net result
-€519▲ 82.5%
2024 · -€2,962
Working capital
€16,462▼ 1.0%
2024 · €16,627
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€1,040▼ 81.7%€17,236▲ 1,557%€7,219▼ 58.1%€5,828▼ 19.3%€1,329▼ 77.2%
Net result-€164€13,373€3,329▼ 75.1%-€2,962-€519▲ 82.5%
Equity€13,997▼ 1.2%€27,369▲ 95.5%€30,699▲ 12.2%€27,737▼ 9.6%€27,218▼ 1.9%
Total assets€63,727▼ 6.0%€91,951▲ 44.3%€85,697▼ 6.8%€86,949▲ 1.5%€79,107▼ 9.0%
Debt€49,730▼ 7.3%€64,582▲ 29.9%€54,998▼ 14.8%€59,213▲ 7.7%€51,889▼ 12.4%
Working capital€14,211▲ 124%€8,420▼ 40.7%€24,199▲ 187%€16,627▼ 31.3%€16,462▼ 1.0%
Staff (FTE)0.71.1▲ 57.1%1.6▲ 45.5%0.1▼ 93.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 77% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €79,107
Fixed assets
€12,621 ▼ 29.8%
Current assets
€66,486 ▼ 3.6%
Equity and liabilities €79,107
Equity
€27,218 ▼ 1.9%
Debt
€51,889 ▼ 12.4%
Debt's share of the balance-sheet total falls from 68.1% to 65.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
€6,683▼
2024 · €10,356
Cash flow
€4,835▲
2024 · €1,566
Current ratio
1.33▲
2024 · 1.32
Quick ratio
1.29▲
2024 · 1.26
Debt to equity
1.91▼
2024 · 2.13
ROE
-1.9%▲
2024 · -10.7%
ROA
-0.7%▲
2024 · -3.4%
Interest coverage
3.73▲
2024 · 1.17
Debt ≤ 1 year
€50,024▼
2024 · €52,347
Debt > 1 year
€1,865▼
2024 · €6,865
Income taxes
€55
Staff costs
€25▼
2024 · €4,979
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €3,841 | €9,345 | €2,340 | €60 | ▼ 97.4% |
| Remuneration, social security and pensions62 | €34,481 | €40,547 | €50,495 | €4,979 | €25 | ▼ 99.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,572 | €4,914 | €4,438 | €4,527 | €5,354 | ▲ 18.3% |
| Other operating charges640/8 | €2,443 | €1,127 | €955 | €1,941 | €1,266 | ▼ 34.8% |
| Non-recurring operating charges66A | - | - | - | €852 | - | - |
| Gross operating margin9900 | €41,536 | €63,824 | €63,107 | €18,128 | €7,974 | ▼ 56.0% |
| Operating profit (loss)9901 | €1,040 | €17,236 | €7,219 | €5,828 | €1,329 | ▼ 77.2% |
| Financial income75/76B | €22 | €9 | €19 | €42 | - | - |
| Recurring financial income75 | €22 | €9 | €19 | €42 | - | - |
| Financial charges65/66B | €1,171 | €355 | €2,213 | €8,833 | €1,792 | ▼ 79.7% |
| Recurring financial charges65 | €1,171 | €355 | €2,213 | €8,833 | €1,792 | ▼ 79.7% |
| Profit (loss) for the period before taxes9903 | -€109 | €16,891 | €5,026 | -€2,962 | -€464 | ▲ 84.3% |
| Income taxes67/77 | €55 | €3,518 | €1,696 | - | €55 | - |
| Profit (loss) for the period9904 | -€164 | €13,373 | €3,329 | -€2,962 | -€519 | ▲ 82.5% |
| Profit (loss) for the period to be appropriated9905 | -€164 | €13,373 | €3,329 | -€2,962 | -€519 | ▲ 82.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €63,727 | €91,951 | €85,697 | €86,949 | €79,107 | ▼ 9.0% |
| Fixed assets21/28 | €8,434 | €25,622 | €6,499 | €17,975 | €12,621 | ▼ 29.8% |
| Tangible fixed assets22/27 | €8,434 | €25,622 | €6,499 | €17,975 | €12,621 | ▼ 29.8% |
| Plant, machinery and equipment23 | €3,384 | €4,415 | €3,160 | €1,010 | €200 | ▼ 80.2% |
| Furniture and vehicles24 | €5,051 | €2,606 | €3,340 | €16,965 | €12,421 | ▼ 26.8% |
| Leasing and similar rights25 | €0 | €0 | €0 | - | - | - |
| Assets under construction and advance payments27 | - | €18,601 | - | - | - | - |
| Current assets29/58 | €55,293 | €66,329 | €79,197 | €68,974 | €66,486 | ▼ 3.6% |
| Stocks and contracts in progress3 | €7,500 | €3,025 | €3,025 | €3,025 | €2,100 | ▼ 30.6% |
| Stocks30/36 | €7,500 | €3,025 | €3,025 | €3,025 | €2,100 | ▼ 30.6% |
| Amounts receivable within one year40/41 | €33,118 | €61,097 | €69,826 | €63,854 | €63,361 | ▼ 0.8% |
| Trade receivables40 | €32,432 | €56,306 | €66,822 | €62,447 | €62,743 | ▲ 0.5% |
| Other amounts receivable41 | €687 | €4,791 | €3,003 | €1,407 | €618 | ▼ 56.1% |
| Cash at bank and in hand54/58 | €11,826 | €0 | €5,481 | €1,192 | €0 | ▼ 100% |
| Deferred charges and accrued income490/1 | €2,848 | €2,208 | €867 | €904 | €1,025 | ▲ 13.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €63,727 | €91,951 | €85,697 | €86,949 | €79,107 | ▼ 9.0% |
| Equity10/15 | €13,997 | €27,369 | €30,699 | €27,737 | €27,218 | ▼ 1.9% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €7,960 | €7,960 | €7,960 | €7,960 | €7,960 | = |
| Non-distributable reserves130/1 | €375 | €375 | €375 | €375 | €375 | = |
| Reserves not available under the articles1311 | €375 | €375 | €375 | €375 | €375 | = |
| Distributable reserves133 | €7,585 | €7,585 | €7,585 | €7,585 | €7,585 | = |
| Profit (loss) carried forward14 | -€164 | €13,209 | €16,538 | €13,576 | €13,058 | ▼ 3.8% |
| Amounts payable17/49 | €49,730 | €64,582 | €54,998 | €59,213 | €51,889 | ▼ 12.4% |
| Amounts payable after more than one year17 | €8,648 | €6,673 | - | €6,865 | €1,865 | ▼ 72.8% |
| Financial debts170/4 | €8,648 | €6,673 | - | €6,865 | €1,865 | ▼ 72.8% |
| Amounts payable within one year42/48 | €41,082 | €57,908 | €54,998 | €52,347 | €50,024 | ▼ 4.4% |
| Current portion of amounts payable after more than one year42 | - | €3,380 | €1,993 | €5,000 | €5,000 | = |
| Financial debts43 | - | - | - | €9,592 | €987 | ▼ 89.7% |
| Credit institutions430/8 | - | - | - | €9,592 | €987 | ▼ 89.7% |
| Trade debts44 | €171 | €17,748 | €17,972 | €5,935 | €5,167 | ▼ 12.9% |
| Suppliers440/4 | €171 | €17,748 | €17,972 | €5,935 | €5,167 | ▼ 12.9% |
| Taxes, remuneration and social security45 | €4,005 | €3,604 | €10,357 | €5,884 | €2,059 | ▼ 65.0% |
| Taxes450/3 | €1,258 | €3,604 | €4,898 | €1,684 | €2,059 | ▲ 22.2% |
| Remuneration and social security454/9 | €2,747 | €0 | €5,459 | €4,200 | - | - |
| Other amounts payable47/48 | €36,907 | €33,176 | €24,676 | €25,935 | €36,811 | ▲ 41.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€164 | €13,373 | €3,329 | -€2,962 | -€519 | ▲ 82.5% |
| + Depreciation and write-downs630 | €3,572 | €4,914 | €4,438 | €4,527 | €5,354 | ▲ 18.3% |
| Operating cash flow (approximation) | €3,408 | €18,287 | €7,767 | €1,566 | €4,835 | ▲ 209% |
| Investment in fixed assets (approximation) | - | -€22,102 | €14,685 | -€16,003 | €0 | ▲ 100% |
| Change in cash | - | -€11,826 | €5,481 | -€4,289 | -€1,192 | ▲ 72.2% |
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
21-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 21 days late
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
31-12
Financial
Weakest financial yearnet -€2,962
Net result drops to -€2,962, the lowest in the series; recovery starts the following year.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-12
Financial
Back to profitnet €13,373
Net result €13,373 after one loss-making year.
17-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 78 days late
2021
11-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 72 days late
2020
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 70 days late
2019
25-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 56 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Geetbets · 1 establishment unit since 2015
Ground area
763 m²
Building footprint
201 m²
Volume, LiDAR
1,101 m³
Parcel 24028D0409/00T003, Flanders · tallest building 9.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Klusjes Boghe
since 20152.246.326.592
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24028D0409/00T003 | Flanders | 763 m² | 1 · 201 m² | 9.7 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
2024 · 1 entry · 57 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 57 EUR | 0 EUR |
Similar companies · same sector, comparable size
J.A.M. CONSTRUCT
BE 0837.200.169
Sint-Pieters-Woluwe · Eq €27,252
Belle.façade
BE 0786.447.789
La Louvière · Eq €27,157
DNP WORKS
BE 0805.823.045
Hasselt · Eq €27,129
VERNIEUWD WONEN
BE 0452.225.084
Brecht · Eq €27,366
BRAS BAT CONCEPT
BE 0704.634.922
Anderlecht · Eq €27,387
Of 7,300 companies in sector 43350 we hold annual accounts for 2,360. 1,879 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 (pre-2019)
Founded08-10-2015
Fiscal year end31-12
Activities, NACEBEL 2025
43350Other building finishing work
Contact
E-mail
nickboghe@gmail.com
Scores and ratios are computed by Checked and are not a credit decision.