Bollen Energy
ActiveBollen Energy has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.11M and a net result of €138k. Equity is growing by ~22.8% per year across the filed fiscal years. Its solvency ranks better than 75% of 7744 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▼-11
Solvency91▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €150k at 30 days acceptable
Liquidity ample (current ratio 7.78 against 4.43 in 2024; short-term debt: 9.3% and cash: 13.2% of total assets), and 33.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
66.2%
Return on assets
4.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
58 d early
2023
37 d early
2022
41 d early
2021
61 d early
2020
94 d early
2019
53 d early
← before the deadline
after the deadline →
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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€2.11M▲ 7.0%
2024 · €1.97M
2018: €575k
2019: €667k
2020: €667k
2021: €627k
2022: €909k
2023: €1.60M
2024: €1.97M
2018 → 2025
Total assets
€3.18M▼ 4.8%
2024 · €3.35M
2018: €1.27M
2019: €1.32M
2020: €1.56M
2021: €1.34M
2022: €1.69M
2023: €3.04M
2024: €3.35M
2018 → 2025
Net result
€138k▼ 68.2%
2024 · €433k
2018: €105k
2019: €92k
2020: €239k
2021: €97k
2022: €282k
2023: €693k
2024: €433k
2018 → 2025
Working capital
€2.01M▲ 1.5%
2024 · €1.98M
2018: €300k
2019: €398k
2020: €705k
2021: €568k
2022: €762k
2023: €1.74M
2024: €1.98M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€627k-€909k▲ 45.0%€1.60M▲ 76.2%€1.97M▲ 22.9%€2.11M▲ 7.0%
Operating result€144k-€412k▲ 186%€1.05M▲ 155%€661k▼ 37.2%€213k▼ 67.8%
Net result€97k-€282k▲ 192%€693k▲ 146%€433k▼ 37.5%€138k▼ 68.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 68% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.18M
Fixed assets
€884k▲ 11.4%
Current assets
€2.30M▼ 9.9%
Equity and liabilities €3.18M
Equity
€2.11M▲ 7.0%
Debt
€1.08M▼ 21.7%
The debt ratio falls from 41.1% to 33.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€338k▼
2024 · €768k
Cash flow
€264k▼
2024 · €541k
Solvency
66.2%▲
2024 · 58.9%
Current ratio
7.78▲
2024 · 4.43
Quick ratio
4.24▲
2024 · 2.72
Debt / equity
0.51▼
2024 · 0.70
ROE
6.5%▼
2024 · 22.0%
ROA
4.3%▼
2024 · 12.9%
Interest coverage
9.68▼
2024 · 22.02
Debt
€1.08M▼
2024 · €1.38M
Debt ≤ 1 year
€296k▼
2024 · €577k
Debt > 1 year
€668k▼
2024 · €713k
Income taxes
€41k▼
2024 · €195k
Staff costs
€414k▲
2024 · €375k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€3.35M€3.18M▼
Fixed assets21/28€793k€884k▲
Tangible fixed assets22/27€793k€884k▲
Land and buildings22€511k€480k▼
Plant, machinery and equipment23€64k€220k▲
Furniture and vehicles24€215k€177k▼
Leasing and similar rights25€3k€0▼
Assets under construction and advance payments27-€7k
Financial fixed assets28€15€15=
Current assets29/58€2.55M€2.30M▼
Stocks and contracts in progress3€982k€1.05M▲
Stocks30/36€982k€1.05M▲
Amounts receivable within one year40/41€425k€321k▼
Trade receivables40€364k€266k▼
Other amounts receivable41€61k€55k▼
Cash at bank and in hand54/58€551k€420k▼
Deferred charges and accrued income490/1€596k€512k▼
Equity and liabilities
Total equity and liabilities10/49€3.35M€3.18M▼
Equity10/15€1.97M€2.11M▲
Contributions10/11€9k€9k=
Reserves13€1.96M€2.10M▲
Distributable reserves133€1.96M€2.10M▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€1.38M€1.08M▼
Amounts payable after more than one year17€713k€668k▼
Financial debts170/4€618k€573k▼
Other amounts payable178/9€95k€95k=
Amounts payable within one year42/48€577k€296k▼
Current portion of amounts payable after more than one year42€48k€45k▼
Financial debts43€59k€0▼
Credit institutions430/8€59k€0▼
Trade debts44€114k€127k▲
Suppliers440/4€114k€127k▲
Taxes, remuneration and social security45€289k€78k▼
Taxes450/3€259k€47k▼
Remuneration and social security454/9€31k€31k▲
Other amounts payable47/48€67k€46k▼
Accrued charges and deferred income492/3€87k€113k▲
Income statement
Code20242025
Non-recurring operating income76A€400k€0▼
Remuneration, social security and pensions62€375k€414k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€108k€126k▲
Other operating charges640/8€9k€7k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€1.15M€759k▼
Operating profit (loss)9901€661k€213k▼
Financial income75/76B€3k€968▼
Recurring financial income75€3k€968▼
Financial charges65/66B€35k€35k▲
Recurring financial charges65€35k€35k▲
Profit (loss) for the period before taxes9903€628k€179k▼
Income taxes67/77€195k€41k▼
Profit (loss) for the period9904€433k€138k▼
Profit (loss) for the period to be appropriated9905€433k€138k▼
Appropriation of the result
Profit (loss) to be appropriated9906€433k€138k▼
Transfer from equity791/2€65k€0▼
Transfer to equity691/2€433k€138k▼
To other reserves6921€433k€138k▼
Profit to be distributed694/7€65k€0▼
Return on contributions (dividend)694€65k€0▼
Social balance
Average headcount (FTE)90875.86.0▲
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €2MEq €2.11M ▲7%
8 profitable years in a row build equity to €2.11M.
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €693k ▲146%
Operating result €1.05M, net result €693k, both a record.
31-12
Financial
Equity above €1MEq €1.60M ▲76.2%
6 profitable years in a row build equity to €1.60M.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
28-04
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
08-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Weakest financial yearnet €92k ▼12.4%
Net result drops to €92k, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
01-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Pelt · 2 establishment units since 2007
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.
Astridlaan 653900 PeltGround area
5,380 m²
Building footprint
1,489 m²
Volume, LiDAR
1,150 m³
2 parcels, Flanders · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Bollen Sunpower - Bollen Energy
since 20072.166.012.077
Bollen Sunpower - Bollen Energy
since 20092.181.678.765
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72345B1085/00C012 | Flanders | 4,388 m² | 1 · 1,270 m² | 0.6 m |
| 72502D0136/00B000 | Flanders | 992 m² | 1 · 218 m² | 8.1 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 7,334 EUR awarded · 6,249 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 3,595 EUR | 2,664 EUR |
| 2024 | 1 | 1,339 EUR | 1,046 EUR |
| 2023 | 1 | 960 EUR | 1,099 EUR |
| 2022 | 1 | 1,440 EUR | 1,440 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
1 categoryBollen Energy BV44296
Similar companies · same sector, comparable size
Total Energy Projects
BE 0598.921.649
Bilzen-Hoeselt · Eq €2.11M
STANDELEC
BE 0458.803.862
Kuurne · Eq €2.11M
ELEKTRO VANDENHEEDE
BE 0431.232.504
Zulte · Eq €2.11M
SANOTECH
BE 0631.870.470
Asse · Eq €2.10M
ELCON - LIMBURG
BE 0414.066.571
Oudsbergen · Eq €2.12M
Of 22,822 companies in sector 43211 we hold annual accounts for 10,327. 2,768 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-10-2007
Fiscal year end31-12
Activities, NACEBEL
43211General electrical installation work
45310
42220Construction of utility projects for electricity and telecommunications
45215
Sources
Crossroads Bank for EnterprisesNational Bank · 18 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.