Skip to content

BOLMAR CONSTRUCT

Active
Private limited companyfounded 2023active for 2 yearsZwijnaardsesteenweg 44, 9000 Gent, Belgium146 active companies are registered at this addressKBO/BCE: BE 1002.015.443
Summary

BOLMAR CONSTRUCT has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10,821 and a net result of €7,527. The computed 12-month bankruptcy probability is 1.1% (low).

Overview

Activity
Activity not known1 site
Size
€13,689total assets 2025
Equity
€10,821
Profit
€7,527
Turnover not published (micro format)
Financial health
69 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.1%
Structure
2025 accounts 10 days early
Why 69raises riskFounded in 2023No main activity registeredSize: total assets €13,689lowers riskLiquidity: current ratio 4.77, cash €4,390Show the evidence

Checked score

Score 2025
69 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially better than 86% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Strong
Solvency 100+53
equity 79.0% of total assets
Liquidity 83+30
short-term debt 21.0% · cash 32.1%
Profitability 100+3
return on assets 55.0%
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 2.4% 01-2025: 2.5%▲ +0.1 percentage points vs 12-2024 02-2025: 2.5%● unchanged vs 01-2025 03-2025: 3.1%▲ +0.6 percentage points vs 02-2025 04-2025: 3.1%● unchanged vs 03-2025highest value 05-2025: 1.4%▼ -1.7 percentage points vs 04-2025 06-2025: 1.4%● unchanged vs 05-2025 07-2025: 1.4%● unchanged vs 06-2025 08-2025: 1.4%● unchanged vs 07-2025 09-2025: 1.4%● unchanged vs 08-2025 10-2025: 1.4%● unchanged vs 09-2025 11-2025: 1.4%● unchanged vs 10-2025 12-2025: 1.8%▲ +0.4 percentage points vs 11-2025 01-2026: 1.9%▲ +0.1 percentage points vs 12-2025 02-2026: 1.9%● unchanged vs 01-2026 03-2026: 1.9%● unchanged vs 02-2026 04-2026: 2.0%▲ +0.1 percentage points vs 03-2026 05-2026: 1.1%▼ -0.9 percentage points vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 1.1%● unchanged vs 06-2026 08-2026: 1.0%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 1.0%● unchanged vs 08-2026lowest value 10-2026: 1.1%▲ +0.1 percentage points vs 09-2026
Credit of up to €500 on 30-day terms is acceptable
Liquidity ample (current ratio 4.77, compared with 1.24 in 2024, above the usual 1.5; short-term debt: 21% and cash: 32.1% of total assets), and 21% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 81% on solvency, 75% on liquidity, 90% on profitability and 97% on growth.

The bankruptcy probability was computed on 27-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.
lowers riskraises riskneutral
raises risk · Founded in 2023
Companies of this age fail more often than older ones; how much that weighs depends on the rest of its profile.
KBO
raises risk · No main activity registered
KBO
lowers risk · Liquidity: current ratio 4.77, cash €4,390
NBB · annual accounts
raises risk · Size: total assets €13,689
Companies of this size fail more often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 20-04-2026, 10 days ahead of the deadline.
NBB · 2 filings
Deviation from the deadline
2025
10 days early
2024
22 days early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 2 accounts on average 16 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
30-09-2026 year end27-10-2026 today30-04-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Liquidity more than triplescurrent ratio 4.77
  3. Annual accounts filedfinancial year 2024 · micro…

Financials · financial year 2025, micro format

Equity
€10,821▲ 229%
2024 · €3,293
Total assets
€13,689▼ 6.8%
2024 · €14,687
Net result
€7,527▲ 129%
2024 · €3,293
Working capital
€10,821▲ 302%
2024 · €2,691
Trend over the years

2024 to 2025, 2 financial years

The operating result rises in 2025; 2025 is 119% above 2024.

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

Operating result€10,522 2025 Net result€7,527 2025

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

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€4,808-€10,522▲ 119%
Net result€3,293-€7,527▲ 129%
Equity€3,293-€10,821▲ 229%
Total assets€14,687-€13,689▼ 6.8%
Debt€11,394-€2,868▼ 74.8%
Working capital€2,691-€10,821▲ 302%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €13,689
Equity €10,821 ▲ 229%
Debt €2,868 ▼ 74.8%
Debt's share of the balance-sheet total falls from 77.6% to 21.0%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€11,124▲
2024 · €6,616
Cash flow
€8,130▲
2024 · €5,101
Current ratio
4.77▲
2024 · 1.24
Debt to equity
0.27▼
2024 · 3.46
ROE
69.6%▼
2024 · 100.0%
ROA
55.0%▲
2024 · 22.4%
Interest coverage
53.70▲
2024 · 38.55
Debt ≤ 1 year
€2,868▼
2024 · €11,394
Income taxes
€2,787▲
2024 · €1,343
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.8% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.8% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 39,278 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 29 lines
Balance sheet Code20242025
Assets
Total assets20/58€14,687€13,689▼
Formation expenses20€603-
Current assets29/58€14,085€13,689▼
Amounts receivable within one year40/41€8,512€8,989▲
Trade receivables40€7,869€8,108▲
Other amounts receivable41€643€881▲
Cash at bank and in hand54/58€5,328€4,390▼
Deferred charges and accrued income490/1€245€310▲
Equity and liabilities
Total equity and liabilities10/49€14,687€13,689▼
Equity10/15€3,293€10,821▲
Profit (loss) carried forward14€3,293€10,821▲
Amounts payable17/49€11,394€2,868▼
Amounts payable within one year42/48€11,394€2,868▼
Taxes, remuneration and social security45€8,313€2,787▼
Taxes450/3€1,343€2,787▲
Remuneration and social security454/9€6,970-
Other amounts payable47/48€3,081€81▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,808€603▼
Other operating charges640/8€584€880▲
Gross operating margin9900€7,200€12,004▲
Operating profit (loss)9901€4,808€10,522▲
Financial charges65/66B€172€207▲
Recurring financial charges65€172€207▲
Profit (loss) for the period before taxes9903€4,637€10,314▲
Income taxes67/77€1,343€2,787▲
Profit (loss) for the period9904€3,293€7,527▲
Profit (loss) for the period to be appropriated9905€3,293€7,527▲
Appropriation of the result
Profit (loss) to be appropriated9906€3,293€10,821▲
Profit (loss) brought forward from the previous period14P-€3,293

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,808€603▼ 66.7%
Other operating charges640/8€584€880▲ 50.8%
Gross operating margin9900€7,200€12,004▲ 66.7%
Operating profit (loss)9901€4,808€10,522▲ 119%
Financial charges65/66B€172€207▲ 20.7%
Recurring financial charges65€172€207▲ 20.7%
Profit (loss) for the period before taxes9903€4,637€10,314▲ 122%
Income taxes67/77€1,343€2,787▲ 107%
Profit (loss) for the period9904€3,293€7,527▲ 129%
Profit (loss) for the period to be appropriated9905€3,293€7,527▲ 129%
Line20242025Change
Assets
Total assets20/58€14,687€13,689▼ 6.8%
Formation expenses20€603--
Current assets29/58€14,085€13,689▼ 2.8%
Amounts receivable within one year40/41€8,512€8,989▲ 5.6%
Trade receivables40€7,869€8,108▲ 3.0%
Other amounts receivable41€643€881▲ 37.1%
Cash at bank and in hand54/58€5,328€4,390▼ 17.6%
Deferred charges and accrued income490/1€245€310▲ 26.5%
Equity and liabilities
Total equity and liabilities10/49€14,687€13,689▼ 6.8%
Equity10/15€3,293€10,821▲ 229%
Profit (loss) carried forward14€3,293€10,821▲ 229%
Amounts payable17/49€11,394€2,868▼ 74.8%
Amounts payable within one year42/48€11,394€2,868▼ 74.8%
Taxes, remuneration and social security45€8,313€2,787▼ 66.5%
Taxes450/3€1,343€2,787▲ 108%
Remuneration and social security454/9€6,970--
Other amounts payable47/48€3,081€81▼ 97.4%
Line20242025Change
Profit (loss) for the period9904€3,293€7,527▲ 129%
+ Depreciation and write-downs630€1,808€603▼ 66.7%
Operating cash flow (approximation)€5,101€8,130▲ 59.4%
Change in cash--€938-

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

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference
30-09-2025 micro format 20-04-2026 2026-00090994
30-09-2024 micro format 08-04-2025 2025-00067600

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

Directors

Directors
1 director, no change since 2023
BOLO Alexandru-Marian
Director · since 09-11-2023
Current
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ. See the directors and other office holders in the KBO →

Mandate history

1 person since 2023, 1 in office
Show
  • Board
Mandates per person, with start and end dates
Name Functions and periods
BOLO Alexandru-Marian
  • Director, from 09-11-2023 to date
See the board, name and registered office on a given date →

Owners and capital

Capital and shareholders

Shareholders according to the deeds
At incorporation act of 09-11-2023 ↗

The Belgian Official Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years
  1. 09-11-2023 Incorporation · €1,000 · 100 shares

Group and network

Connections & network

1 current director
Depth

The network starts from this company’s directors. Other companies they run appear here as nodes.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

History

On 7 November 2023, BOLMAR CONSTRUCT was incorporated as a private limited company by one natural person, with a starting capital of €1,000.12 BOLO Alexandru-Marian has served as director of the company since 2023.2 The company has filed 2 sets of annual accounts, the latest for financial year 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 09-11-2023
  3. 3National Bank, annual accounts 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 30-04-2027
2026
20-04
NBB filing Annual accounts filed
financial year 2025 · micro format
2025
30-09
Financial Liquidity more than triplescurrent ratio 4.77
Current ratio from 1.24 to 4.77; short-term debt falls from €11,394 to €2,868.
08-04
NBB filing Annual accounts filed
financial year 2024 · micro format
2023
09-11
Gazette deed Incorporation
Appointment: BOLO Alexandru-Marian (director) · Founder · Founding capital15 facts ▸
  • Founder, BOLO Alexandru-Marian
  • Other provision, “vertegenwoordiging volgens hieraan gehecht volmacht (bijlage 1), vertegenwoordiging van comparant bij oprichting” (deed in Dutch)
  • Incorporation, “BOLMAR CONSTRUCT” (deed in Dutch)
  • Founding capital, “euro 1.000” (deed in Dutch)
  • Other provision, “kosten van oprichting ten laste van vennootschap, / euro” (deed in Dutch)
  • Other provision, “financieel plan, voorlegging aan notaris” (deed in Dutch)
  • Other provision, “aansprakelijkheid oprichter bij faillissement binnen drie jaar na oprichting bij kennelijk ontoereikend aanvangsvermogen, drie jaar na oprichting” (deed in Dutch)
  • Other provision, “voldoening oprichtingsakte aan voorwaarden artikels 5:3,5:5 en 5:8 Wetboek van vennootschappen en verenigingen, vaststelling door notaris” (deed in Dutch)
  • Other provision, “vaststelling statuten en overgangsbepalingen” (deed in Dutch)
  • Board rule, 1
  • Director appointment, BOLO Alexandru-Marian (director)
  • Pre-incorporation commitments, “takeover, alle gestelde verbintenissen genomen door de oprichter in haar naam” (deed in Dutch)
  • +3 further facts in this act
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 1 deed read

Register details

Identification
Legal formPrivate limited company
Founded07-11-2023
Financial year end30-09
Activities, NACEBEL 2025
43211General electrical installation work
43310Plastering work
43320Joinery installation
43341Painting of buildings
43422Screed work
E-invoicing
Reachable via Peppol
Peppol ID 0208:1002015443
Also 9925:BE1002015443
Registered 29-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 27 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 1002.015.443

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2024
registered office establishment The establishment unit on the map
Ground area
458 m²
Building footprint
407 m²
Building volume
3,041 m³
2 parcels, Brussels, Flanders · tallest building 16.5 m. Linked by address, not a title deed.
146 companies at this address See who is registered here
1 establishment unit
BOLMAR CONSTRUCT
Jachtlaan 79, 1040 EtterbeekSawmilling and planing of wood
since 2024unit no. 2.351.670.275
2 parcels
Flanders 1 (50%) Brussels 1 (50%)
Cadastral parcel Region Area Buildings Height / floors
21362B0055/00F013 Brussels 245 m² 1 · 204 m² 16.5 m · 1
44808H0052/00R006 Flanders 214 m² 1 · 202 m² 11.8 m · 3
How the parcels are linked
Good to know
Both parcels match the address exactly.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
BOLMAR CONSTRUCT
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, bekendmaking in bijlage Belgisch Staatsblad door toedoen bestuur” (deed in Dutch)

deed of 09-11-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Artikel 13 : Vertegenwoordiging van de vennootschap De (iedere) bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als…”
Board ruleHow the board is made up, meets and takes decisions.
“1, bestuur” (deed in Dutch)

deed of 09-11-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, 100” (deed in Dutch)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
One provision in the deed

deed of 09-11-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
One provision in the deed
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

deed of 09-11-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Geheel van de aandelen, aanbod tot inkoop van aandelen” (deed in Dutch)
Other provision: “Ondeelbaarheid van aandelen, oefent alle verbonden rechten uit” (deed in Dutch)
Other provision: “Dagelijks bestuur en bepaalde speciale volmachten, dagelijks bestuur” (deed in Dutch)
Other provision: “(iedere) bestuurder, alle handelingen nodig of dienstig tot verwezenlijking van het voorwerp” (deed in Dutch)
Other provision: “Controle van de rekening, onmiddellijk na de gewone algemene vergadering” (deed in Dutch)
Other provision: “Algemene vergadering, in overeenstemming met het Wetboek” (deed in Dutch)
Other provision: “Notulen, leden bureau en aanwezige aandeelhouders die erom vragen” (deed in Dutch)
Other provision: “Verdeling van de winst en uitkeringen, verslag bestuursorgaan wordt niet neergelegd” (deed in Dutch)
Liquidation distribution: “Na aanzuivering schulden,lasten,kosten of consignatie nodige sommen, netto actief onder alle aandeelhouders naar verhouding aantal…” (deed in Dutch)
Other provision: “Keuze van woonplaats, mededelingen,aanmaningen,dagvaardingen,betekeningen geldig” (deed in Dutch)
Other provision: “Overeenstemming met het wetboek van vennootschappen en ondernemingen, volkomen schikken” (deed in Dutch)
Other provision: “Neerlegging oprichtingsakte en rechtspersoonlijkheid, door e-depot of op papier” (deed in Dutch)
Other provision: “Uittreding en uitsluiting van aandeelhouders, ten laste van vermogen” (deed in Dutch)
3 more provisions in the deed, see the deed of 09-11-2023

deed of 09-11-2023