Equity
€8,356 ▲ 23.9%
BOL CONCEPT has made a profit in every financial year since 2022.
BOL CONCEPT
Lifetime
4 annual accounts with figures on one time axisTurnoverpeak €108,748 (2024)
€99,690▼ 8.3%
Resultpeak €4,001 (2023)
€1,611▲ 87.9%
Equitypeak €8,356 (2025)
€8,356▲ 23.9%
Debts
€37,720▲ 49.3%
Board1 name since 2022
1 directorBODNARESCU Ovidiu Iulian
Documentsfilings and deeds
03-10-202664 days late
2025micro format
Gross margin from €17,684 to €36,388Result from €858 to €1,611Equity from €6,745 to €8,356Debts from €25,260 to €37,720Investments €12,922Cash from €4,019 to €1,017
Key points
from the 2025 annual accountsDebts
€37,720 82% of the balance sheet
Financial debts 49%Suppliers 15%Taxes and wages 12%Other 24%
Of this, €22,096 falls due within a year.
Investments
€20,620 10.0 × depreciation
Green is investment, beige is depreciation.
Payment terms
33 days to suppliers
BOL CONCEPT pays its suppliers 3 days earlier than in 2024. Customers pay 28 days later.
Filings
4 annual accounts 64 days
Latest accounts filed late: after the legal deadline.
Position in the sector
€8,356
Less equity than 85% of companies in specialised construction. Sector median €57,762 · 35,020 companies.
Checked score
35
Weak
Financially stronger than 29% of micro companies in specialised construction (NACE 43)
Probability in this band: 4.2% to 15.0%
Bankruptcy probability within 12 months
6.2% Elevated
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,685 companies (NACE 43, micro).
About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.8%lowest value
01-2025: 2.9%▲ +0.1 percentage points vs 12-2024
02-2025: 2.9%● unchanged vs 01-2025
03-2025: 3.0%▲ +0.1 percentage points vs 02-2025
04-2025: 3.0%● unchanged vs 03-2025
05-2025: 3.0%● unchanged vs 04-2025
06-2025: 3.0%● unchanged vs 05-2025
07-2025: 3.0%● unchanged vs 06-2025
08-2025: 3.4%▲ +0.4 percentage points vs 07-2025
09-2025: 2.9%▼ -0.5 percentage points vs 08-2025
10-2025: 2.9%● unchanged vs 09-2025
11-2025: 2.9%● unchanged vs 10-2025
12-2025: 2.9%● unchanged vs 11-2025
01-2026: 3.0%▲ +0.1 percentage points vs 12-2025
02-2026: 3.0%● unchanged vs 01-2026
03-2026: 3.1%▲ +0.1 percentage points vs 02-2026
04-2026: 3.2%▲ +0.1 percentage points vs 03-2026
05-2026: 2.8%▼ -0.4 percentage points vs 04-2026
06-2026: 2.9%▲ +0.1 percentage points vs 05-2026
07-2026: 2.9%● unchanged vs 06-2026
08-2026: 3.3%▲ +0.4 percentage points vs 07-2026
09-2026: 3.5%▲ +0.2 percentage points vs 08-2026
10-2026: 6.2%▲ +2.7 percentage points vs 09-2026highest value
11-2026: 6.2%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Last filed accounts filed 64 days late; 2 of the last 3 accounts late
Founded in 2022
Size: turnover €99,690, total assets €46,076
lowers risk
Figures for financial year 2025 (filed on 04-10-2026)
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 20% of them on solvency, 18% on liquidity, 25% on profitability and 53% 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 2,542 companies had the same profile as BOL CONCEPT has now. Each dot stands for 7 companies, two years later.
95.0%
were still trading
1.2%
stopped another way
3.5%
went bankrupt
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BOL CONCEPT itself is higher: 6.2% within 12 months. It rests on far more data about BOL CONCEPT than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 2,542 companies, not a prediction for BOL CONCEPT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
No publishable credit limit, so credit only on tighter terms
Liquidity is tight, with a current ratio of 1.25 (1.29 in 2024), below the usual 1.5. Short-term debt is 48% and cash 2.2% of total assets. 81.9% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 35008 sector peers (2025).
NBB · sector comparisonPosition among 35008 sector peers
Solvency
better than 20%
← weakest
strongest →
raises risk · 2025 accounts filed 64 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-10-2026, 64 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 4 filingsDeviation from the deadline
2025
64 days late
2024
on the day
2023
31 days late
2022
36 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 33 days after 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 September (3 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered office moved from Kraainem to Ronse
New registered office: Geraardsbergenstraat 20, 9600 Ronse · Previous registered office: Steenweg op Mechelen 455 bus 1, 1950 Kraainem · General meeting of 10-08-2026 · Gazette deed
Incorporation
Founding capital of €1,000, 100 shares · Founder: BODNARESCU Ovidiu Iulian (comparant) · Appointment: BODNARESCU Ovidiu Iulian (director) · published on 20-09-2022 · Gazette deed
First establishment
De Koninckstraat 74, Molenbeek-Saint-Jean
Comparable companies
same main activity, similar in size and age| Company | Total assets | Gross margin | Solvency | Staff |
|---|---|---|---|---|
| BOL CONCEPT Ronse | €46,076 | €36,388 | 18.1% | - |
| T-Technics Brakel | €44,933 | €40,482 | 16.4% | - |
| BABYLON CONSTRUCT Beveren-Kruibeke-Zwijndrecht | €51,622 | €34,656 | 20.0% | - |
| KRALO Geraardsbergen | €43,583 | €35,702 | 57.6% | - |
| RC WORKS Ham | €44,880 | €37,088 | -22.6% | - |
| CTI RENOV Brussels | €49,071 | €32,625 | 92.5% | - |
| NECTEB COMPANY Beersel | €45,441 | €29,418 | 77.6% | - |
These companies have the same main activity as BOL CONCEPT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €43,600 and €51,600, founded between 2022 and 2023.
Official details
Source: KBO- Status
- Active since 16-09-2022Normal situation
- Activity
- Other specialised construction activitiesNACE 43990and 1 other
- Establishment unit
- 2.336.707.7291080 Molenbeek-Saint-Jean, since 16-09-2022
- Financial year end
- 31 December
- Peppol
- Reachable
Annual accounts 2025
- Total assets
- €46,076▲ 44.0%
- Employeeson 31-12-2025
- 1=
- Filing
- Filed on 03-10-2026
Insights on BOL CONCEPT
The computed 12-month bankruptcy probability of BOL CONCEPT is 6.2% (elevated). The 2025 annual accounts show equity of €8,356 and a net result of €1,611.
Equity has been growing by about 64% per year since 2022. Its solvency ranks better than 20% of 35,008 sector peers (NACE 43, financial year 2025).
The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BOL CONCEPT
- What is the company number of BOL CONCEPT?
- The company number of BOL CONCEPT is 0790.880.887. The VAT number is the same number with BE in front: BE 0790.880.887.
- Where is BOL CONCEPT based?
- The registered office is at Geraardsbergenstraat 20, 9600 Ronse.Company details
- What does BOL CONCEPT do?
- According to the KBO register, the main activity is other specialised construction activities (NACE 43990).
- What is the legal form of BOL CONCEPT?
- BOL CONCEPT is a private limited company (BV).
- When was BOL CONCEPT founded?
- BOL CONCEPT was founded on 16-09-2022.
- Is BOL CONCEPT still active?
- Yes, BOL CONCEPT is an active enterprise in the KBO register.
- How many employees does BOL CONCEPT have?
- BOL CONCEPT had an average of 1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- What is the turnover of BOL CONCEPT?
- The turnover of BOL CONCEPT was €99,690 in financial year 2025, according to the filed annual accounts.
- Is BOL CONCEPT profitable?
- In financial year 2025, BOL CONCEPT made a profit of €1,611.
- Where can I find the annual accounts of BOL CONCEPT?
- BOL CONCEPT filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BOL CONCEPT due?
- BOL CONCEPT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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