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BOLARDO

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Private limited company (pre-2019)founded 2017Brusselsesteenweg 18, 1730 Asse, Belgium61 active companies are registered at this addressKBO/BCE: BE 0683.487.536

A bankruptcy procedure is open for BOLARDO according to publications in the Belgian Official Gazette; trustee: Jens Vrebos.

Summary

The 2024 annual accounts show equity of €3,059 and a net result of €21,764.

BOLARDOOpen bankruptcy

Financials · financial year 2024, micro format

2024 annual accounts filed late (61 days) Filed on 30 September 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00514134.

Turnover
€30,194
EBIT margin
91.1%
Net result
€21,764
2023 · €0
Working capital
-€16,341▲ 12.6%
2023 · -€18,705
Trend over the years

2020 to 2024, 5 financial years 2018 to 2024, 7 financial years

The operating result rises in 2024; 2024 has the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€27,514 2024 Net result€21,764 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 49, Land transport and transport via pipelines: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line2018201920202021202220232024
Turnover€30,194
Operating result€1,739--€10,712-€8,700▲ 18.8%-€5,220▲ 40.0%€0€0€27,514
Net result-€92--€10,795▼ 11,577%-€8,798below the sector's middle half▲ 18.5%-€5,220below the sector's middle half▲ 40.7%€0below the sector's middle half€0within the sector's middle half€21,764above the sector's middle half
EBIT margin91.1%
Equity€6,108--€4,687-€13,485below the sector's middle half▼ 188%-€18,705below the sector's middle half▼ 38.7%-€18,705below the sector's middle half=-€18,705below the sector's middle half=€3,059below the sector's middle half
Total assets€8,205-€9,670▲ 17.9%€6,957below the sector's middle half▼ 28.1%€1,310below the sector's middle half▼ 81.2%€0below the sector's middle half▼ 100%€0below the sector's middle half€60,169within the sector's middle half
Debt€2,097-€14,357▲ 585%€20,442▲ 42.4%€20,015▼ 2.1%€18,705▼ 6.5%€18,705=€57,110▲ 205%
Working capital€6,108--€4,687-€13,485below the sector's middle half▼ 188%-€18,705below the sector's middle half▼ 38.7%-€18,705below the sector's middle half=-€18,705below the sector's middle half=-€16,341below the sector's middle half▲ 12.6%
Solvency74.4%--48.5%▼ 122.9pp-193.8%below the sector's middle half▼ 145.4pp5.1%below the sector's middle half
Current ratio3.91-0.67▼ 3.240.34below the sector's middle half▼ 0.330.71below the sector's middle half
Return on assets (ROA)-1.1%--111.6%▼ 110.5pp-126.5%below the sector's middle half▼ 14.8pp36.2%above the sector's middle half
above within below the middle half of NACE 49, Land transport and transport via pipelines: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
Assets €60,169
Fixed assets €19,400
Current assets €40,769
Equity and liabilities €60,169
Equity €3,059
Debt €57,110
Debt finances 94.9% of the balance-sheet total.
Key figures and ratios
2024 value · change against 2023
EBITDA
€30,114
Cash flow
€24,364
Quick ratio
0.28
Debt to equity
18.67
ROE
711.4%
Interest coverage
97.46
Debt ≤ 1 year
€57,110▲
2023 · €18,705
Income taxes
€5,441
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 33 lines
Balance sheet Code20232024
Assets
Total assets20/58€0€60,169▲
Fixed assets21/28-€19,400
Tangible fixed assets22/27-€10,400
Furniture and vehicles24-€10,400
Financial fixed assets28-€9,000
Current assets29/58€0€40,769▲
Stocks and contracts in progress3-€24,793
Stocks30/36-€24,793
Amounts receivable within one year40/41-€7,937
Other amounts receivable41-€7,937
Cash at bank and in hand54/58€0€8,039▲
Equity and liabilities
Total equity and liabilities10/49€0€60,169▲
Equity10/15-€18,705€3,059▲
Contributions10/11€6,200€6,200=
Profit (loss) carried forward14-€24,905-€3,141▲
Amounts payable17/49€18,705€57,110▲
Amounts payable within one year42/48€18,705€57,110▲
Taxes, remuneration and social security45-€11,782
Taxes450/3-€11,782
Other amounts payable47/48€18,705€45,329▲
Income statement Code20232024
Turnover70-€30,194
Goods, raw materials, services and sundry goods60/61-€80
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€2,600
Gross operating margin9900€0€30,114▲
Operating profit (loss)9901€0€27,514▲
Financial charges65/66B-€309
Recurring financial charges65-€309
Profit (loss) for the period before taxes9903€0€27,205▲
Income taxes67/77-€5,441
Profit (loss) for the period9904€0€21,764▲
Profit (loss) for the period to be appropriated9905€0€21,764▲
Appropriation of the result
Profit (loss) to be appropriated9906-€24,905-€3,141▲
Profit (loss) brought forward from the previous period14P-€24,905-€24,905=

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2018201920202021202220232024Change
Turnover70------€30,194-
Goods, raw materials, services and sundry goods60/61------€80-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630------€2,600-
Other operating charges640/8---€220----
Gross operating margin9900€2,217-€10,477-€8,428-€4,999€0€0€30,114-
Operating profit (loss)9901€1,739-€10,712-€8,700-€5,220€0€0€27,514-
Recurring financial income75€84-------
Financial charges65/66B------€309-
Recurring financial charges65€425€83€98---€309-
Profit (loss) for the period before taxes9903€1,398-€10,795-€8,798-€5,220€0€0€27,205-
Income taxes67/77€1,490-----€5,441-
Profit (loss) for the period9904-€92-€10,795-€8,798-€5,220€0€0€21,764-
Profit (loss) for the period to be appropriated9905-€92-€10,795-€8,798-€5,220€0€0€21,764-
Line2018201920202021202220232024Change
Assets
Total assets20/58€8,205€9,670€6,957€1,310€0€0€60,169-
Fixed assets21/28------€19,400-
Tangible fixed assets22/27------€10,400-
Furniture and vehicles24------€10,400-
Financial fixed assets28------€9,000-
Current assets29/58€8,205€9,670€6,957€1,310€0€0€40,769-
Stocks and contracts in progress3------€24,793-
Stocks30/36------€24,793-
Amounts receivable within one year40/41€2,710€1,422----€7,937-
Other amounts receivable41------€7,937-
Cash at bank and in hand54/58€5,494€8,248€6,957€1,310€0€0€8,039-
Equity and liabilities
Total equity and liabilities10/49€8,205€9,670€6,957€1,310€0€0€60,169-
Equity10/15€6,108-€4,687-€13,485-€18,705-€18,705-€18,705€3,059-
Contributions10/11€6,200€6,200€6,200€6,200€6,200€6,200€6,200=
Profit (loss) carried forward14-€92-€10,887-€19,685-€24,905-€24,905-€24,905-€3,141▲ 87.4%
Amounts payable17/49€2,097€14,357€20,442€20,015€18,705€18,705€57,110▲ 205%
Amounts payable within one year42/48€2,097€14,357€20,442€20,015€18,705€18,705€57,110▲ 205%
Trade debts44€523-€668-----
Taxes, remuneration and social security45---€33--€11,782-
Taxes450/3---€33--€11,782-
Other amounts payable47/48---€19,982€18,705€18,705€45,329▲ 142%
Line2018201920202021202220232024Change
Profit (loss) for the period9904-€92-€10,795-€8,798-€5,220€0€0€21,764-
+ Depreciation and write-downs630------€2,600-
Operating cash flow (approximation)-€92-€10,795-€8,798-€5,220€0€0€24,364-
Change in cash-€2,754-€1,291-€5,648-€1,310€0€8,039-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Filings with the National Bank (7)
Financial year Type Filed Reference
31-12-2024 micro format 30-09-2025 2025-00514134
31-12-2023 micro format 14-01-2025 2025-00004448
31-12-2022 abbreviated format 30-07-2023 2023-00291196
31-12-2021 abbreviated format 27-07-2023 2023-00278812
31-12-2020 micro format 28-10-2021 2021-74000558
31-12-2019 micro format 28-10-2021 2021-74000532
31-12-2018 micro format 25-08-2019 2019-58200279

Similar companies · same sector, comparable size

Of the 12,347 active companies whose main activity is freight transport by road (NACE 49410), figures are known for 8,197. 1,978 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.