BOL CONCEPT

Active

Private limited companyfounded 20224 yrs activeGeraardsbergenstraat 20, 9600 Ronse, BelgiumKBO/BCE: BE 0790.880.887

The computed 12-month bankruptcy probability of BOL CONCEPT is 3.1% (moderate). The 2024 annual accounts show equity of €7k and a net result of €858. Equity is growing by ~41.3% per year across the filed fiscal years. Its solvency ranks better than 23% of 36373 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

48 / 100

Fair

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability66▼-16

Solvency46=

Growth68▼-17

Track record94

Bankruptcy probability, 12 months

3.1% Moderate

0%0.5%1.5%4%10%≥ 25%

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 →

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 2024

Solvency, return and age of the figures

Solvency

21.1%

Return on assets

2.7%

Age of the figures

21 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 36373 sector peers (2024).

NBB · sector comparison

Position among 36373 sector peers

Solvency

better than 23%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.

NBB · 3 filings

Deviation from the deadline

2025

not confirmed

2024

on the day

2023

31 d late

2022

36 d late

← before the deadline after the deadline →

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 2024, micro schema

Turnover

€109k▲ 13.1%

2023 · €96k

2022: €9k 2023: €96k

2022 → 2024

EBIT margin

1.7%▼ 4.8pp

2023 · 6.5%

2022: 21.7% 2023: 6.5%

2022 → 2024

Net result

€858▼ 78.6%

2023 · €4k

2022: €886 2023: €4k

2022 → 2024

Working capital

€6k▲ 103%

2023 · €3k

2022: €2k 2023: €3k

2022 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line202220232024Trend

Turnover€9k-€96k▲ 1,022%€109k▲ 13.1%

Equity€2k-€6k▲ 212%€7k▲ 14.6%

Operating result€2k-€6k▲ 237%€2k▼ 69.9%

Net result€886-€4k▲ 352%€858▼ 78.6%

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result falls in 2024; 2024 is 70% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €32k

24.1%

75.9%

Fixed assets €8k▼ 48.0%

Current assets €24k▲ 93.0%

Equity and liabilities €32k

21.1%

78.9%

Equity €7k▲ 14.6%

Debt €25k▲ 17.5%

The debt ratio rises from 78.5% to 78.9%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

EBITDA

€9k▼

2023 · €13k

Cash flow

€8k▼

2023 · €11k

Solvency

21.1%▼

2023 · 21.5%

Current ratio

1.29▲

2023 · 1.27

Quick ratio

1.29▲

2023 · 1.27

Debt / equity

3.75▲

2023 · 3.65

ROE

12.7%▼

2023 · 68.0%

ROA

2.7%▼

2023 · 14.6%

Interest coverage

8.75▼

2023 · 12.13

Debt

€25k▲

2023 · €22k

Debt ≤ 1 year

€19k▲

2023 · €10k

Debt > 1 year

€6k▼

2023 · €12k

Staff costs

€7k▲

2023 · €5k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€27k€32k▲

Fixed assets21/28€15k€8k▼

Tangible fixed assets22/27€15k€8k▼

Furniture and vehicles24€15k€8k▼

Current assets29/58€13k€24k▲

Amounts receivable within one year40/41€9k€19k▲

Trade receivables40€8k€18k▲

Other amounts receivable41€494€979▲

Cash at bank and in hand54/58€4k€4k▲

Deferred charges and accrued income490/1-€1k

Equity and liabilities

Total equity and liabilities10/49€27k€32k▲

Equity10/15€6k€7k▲

Contributions10/11€1k€1k=

Profit (loss) carried forward14€5k€6k▲

Amounts payable17/49€22k€25k▲

Amounts payable after more than one year17€12k€6k▼

Financial debts170/4€12k€6k▼

Amounts payable within one year42/48€10k€19k▲

Current portion of amounts payable after more than one year42€5k€5k=

Financial debts43€99€908▲

Credit institutions430/8€99€908▲

Trade debts44€3k€9k▲

Suppliers440/4€467€45▼

Bills of exchange payable441€2k€9k▲

Taxes, remuneration and social security45€1k€3k▲

Taxes450/3€1k€1k=

Remuneration and social security454/9-€2k

Other amounts payable47/48€898€794▼

Income statement Code20232024

Turnover70€96k€109k▲

Goods, raw materials, services and sundry goods60/61€78k€91k▲

Remuneration, social security and pensions62€5k€7k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲

Other operating charges640/8€454€1k▲

Gross operating margin9900€18k€18k▼

Operating profit (loss)9901€6k€2k▼

Financial charges65/66B€1k€1k▼

Recurring financial charges65€1k€1k▼

Profit (loss) for the period before taxes9903€5k€858▼

Income taxes67/77€1k-

Profit (loss) for the period9904€4k€858▼

Profit (loss) for the period to be appropriated9905€4k€858▼

Appropriation of the result

Profit (loss) to be appropriated9906€5k€6k▲

Profit (loss) brought forward from the previous period14P€886€5k▲

The notes to these accounts (5 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

All 5Financial 2Filings 3

2025

31-07

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Weakest financial yearnet €858 ▼78.6%

Net result drops to €858, the lowest in the series.

31-08

NBB filing Annual accounts filed

fiscal year 2023 · micro schema · 31 days late

2023

31-12

Financial Highest result since 2022net €4k ▲352%

Operating result €6k, net result €4k, both a record.

05-09

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 36 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Ronse · 1 establishment unit since 2022

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.

Geraardsbergenstraat 209600 Ronse

Ground area

1.1 ha

Building footprint

1,048 m²

Volume, LiDAR

35,654 m³

2 parcels, Brussels, Flanders · tallest building 42.8 m, ±14 floors. Linked by address, not a title deed.

1 establishment unit

BOL CONCEPT

De Koninckstraat 74, 1080 Sint-Jans-MolenbeekRepair, maintenance and installation of machinery and equipment

since 20222.336.707.729

2 parcels

Flanders 1 (50%) Brussels 1 (50%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
22002C0073/00N009	Flanders	1.1 ha	1 · 865 m²	42.8 m · 14 fl.
21524C0212/00N002	Brussels	183 m²	1 · 183 m²	12.9 m · 4 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

FILTRATION, SERVICES, INDUSTRIEL, TERTIAIRE

BE 0799.658.003

Honnelles · Eq €7k

Of 15,529 companies in sector 43990 we hold annual accounts for 7,421. 3,306 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded16-09-2022

Fiscal year end31-12

Activities, NACEBEL

43990Other specialised construction activities

43995Specialised construction activities

43910Bricklaying and masonry work

43994Specialised construction activities

Sources

Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.