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Complete company report
Generated 06-08-2026
Active BE 0447.960.252Public limited company

BOLWERK

Bolwerkstraat 18 ·2018 Antwerpen, Belgium· 34 yrs active
Conclusion Checked

The file of BOLWERK contains 4 historical bankruptcy publications, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 1.0% (low). The 2022 annual accounts show equity of €307k and a net result of €13k. Equity is growing by ~2.9% per year across the filed fiscal years.

Based on the State Gazette, CBE and 4 annual accounts.
Key figures
Equity €307k
Net result €13k
Active 34 yrs
Locations 1
Snowflake analysis 5 axes · computed by Checked
Health86Profitability21Solvency100Growth78Stability85
74 / 100

Strong profile, led by solvency.

Health 86
Profitability 21
Solvency 100
Growth 78
Stability 85
Bankruptcy probability (12 mo) Checked model v1 · free
1.0% Low
0%0,5%1,5%4%10%≥25%
No NACE activity registered +Annual accounts: weaker financial profile +Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
20 / 100
Moderate risk
Components
· 4 historical bankruptcy publications (+20)
Trust signals 1 signals
Prior bankruptcy
Earlier bankruptcy on record in the Belgian State Gazette, no current open procedure.
Administrative Flags 0 events
No administrative flags
Health barometer FY 2022 · computed
86 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 09-10-2023 with the NBB · fiscal year 2022 · micro
€-40k€-20k€0€20kOperating result 2018: €13k€13kNet result 2018: €-40k€-40kOperating result 2020: €-530€-530Net result 2020: €2k€2kOperating result 2021: €17k€17kNet result 2021: €18k€18kOperating result 2022: €8k€8kNet result 2022: €13k€13k2018202020212022
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~2.9%/year over 4 fiscal years, indicative, assuming unchanged policy.
€275k€300k€325k€350k2023: €313k (€288k - €338k)2024: €321k (€297k - €346k)2025: €330k (€302k - €358k)2018: €290k2020: €276k2021: €294k2022: €307k2018202020212022202320242025
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

EBITDA
€19k
-34.5% 18-22
Net profit
€13k
-29.9% 18-22
Cash flow
€24k
-21.5% 18-22
Total assets
€358k
+6.6% 18-22
Equity
€307k
+4.3% 18-22
Working capital
€236k
+11.7% 18-22
Debt
€51k
+22.5% 18-22
Debt ≤ 1y
€21k
+67.6% 18-22
Debt > 1y
€27k
0.0% 18-22
Current ratio
12.40
-31.5% 18-22
Quick ratio
12.40
-31.5% 18-22
Solvency
85.8%
-2.1% 18-22
Debt / equity
0.17
+17.4% 18-22
ROE
4.2%
-32.8% 18-22
ROA
3.6%
-34.2% 18-22
Interest coverage
11.72
+67.6% 18-22
Figures by fiscal year
Fiscal year2022
Revenue-
EBITDA€19k
Net profit€13k
Cash flow€24k
Staff costs-
Income taxes-
Dividends-
Total assets€358k
Equity€307k
Debt€51k
of which ≤ 1y€21k
of which > 1y€27k
Working capital€236k
Employees (FTE)-
Ratios (computed)
2022
Current ratio12.40
Quick ratio12.40
Working capital ratio66.1%
Solvency85.8%
Debt / equity0.17
Long-term debt ratio0.09
Interest coverage11.72
Gross margin-
Net margin-
ROA3.6%
ROE4.2%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2022
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2022
Balance sheet, Assets
TOTAL ASSETS 20/58€358k
Fixed assets 21/28€101k
Tangible fixed assets 22/27€101k
Current assets 29/58€257k
Cash & bank 54/58€9k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€358k
Equity 10/15€307k
Contributions / capital 10/11€330k
Accumulated profits (losses) 14€-23k
Amounts payable 17/49€51k
Amounts payable after one year 17€27k
Amounts payable within one year 42/48€21k
Trade debts payable within one year 44€13k
Income statement
Gross operating margin 9900€27k
Operating result 9901€8k
Financial income 75€6k
Financial charges 65€2k
Result before taxes 9903€13k
Net result for the period 9904€13k
Result to be appropriated 9905€13k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates2 persons
Role Name Tenure Source
Curator STEFAN SNEPVANGERS
GROTE STEENWEG 154, 2600 BERCHEM (ANTWERPEN)
 16-04-2026 → present Belgian State Gazette
Curator TOON BRAWERS
JUSTITIESTRAAT 27 BUS 12, 2018 - ANTWERPEN
 30-05-2024 → present Belgian State Gazette
Legal Structure
NACE primary -
Legal form Public limited company(014)
Incorporation30-07-1992
StatusActive
Postal code2018
First BS signal 05-06-2024
Latest BS signal 07-07-2026
Company structure, linked entities2 linked entities
Establishment units 1 location
BOLWERK NV
Bolwerkstraat 22, 2018 AntwerpenVerhuur van woningen, exclusief sociale woningen
since 19922.058.570.820
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11811L3590/00R002 Flanders 241 m² 1 · 178 m² 18.9 m · 5 fl.
11811L3590/00V000 Flanders 98 m² 1 · 80 m² 16.7 m · 3 fl.
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.
Updates 15 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
07-07-2026
Bankruptcy Bankruptcy reversal
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · BOLWERK NV BOLWERKSTRAAT 18/2, 2018 ANTWERPEN 1 · event 02-07-2026
23-04-2026
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · BOLWERK NV BOLWERK- STRAAT 18/2, 2018 ANTWERPEN 1 · event 16-04-2026
2024
02-07-2024
Bankruptcy Bankruptcy reversal
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · BOLWERK NV BOLWERKSTRAAT 18/2, 2018 ANTWERPEN 1 · event 27-06-2024
05-06-2024
Bankruptcy Opening
Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · BOLWERK NV BOLWERK- STRAAT 18/2, 2018 ANTWERPEN 1 · event 30-05-2024
2023
09-10-2023
NBB filing Annual accounts filed
fiscal year 2022 · micro
07-06-2023
State Gazette act Director changes
Sophie Meert
20-03-2023
NBB filing Annual accounts filed
fiscal year 2021 · micro
2022
27-04-2022
NBB filing Annual accounts filed
fiscal year 2020 · micro
2020
15-12-2020
NBB filing Annual accounts filed
fiscal year 2019 · micro
2019
02-07-2019
NBB filing Annual accounts filed
fiscal year 2018 · micro
2018
11-07-2018
NBB filing Annual accounts filed
fiscal year 2017 · micro
2017
20-07-2017
NBB filing Annual accounts filed
fiscal year 2016 · micro
2016
05-07-2016
NBB filing Annual accounts filed
fiscal year 2015 · verkort
2015
07-07-2015
NBB filing Annual accounts filed
fiscal year 2014 · verkort
2014
09-07-2014
NBB filing Annual accounts filed
fiscal year 2013 · verkort
Lifecycle & Insolvency Signals 4 events
07-07-2026
Bankruptcy Bankruptcy reversal
Date: 02-07-2026 · Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · BOLWERK NV BOLWERKSTRAAT 18/2, 2018 ANTWERPEN 1 · Publications in State Gazette ↗
23-04-2026
Bankruptcy Opening
Date: 16-04-2026 · Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · BOLWERK NV BOLWERK- STRAAT 18/2, 2018 ANTWERPEN 1 · Publications in State Gazette ↗
02-07-2024
Bankruptcy Bankruptcy reversal
Date: 27-06-2024 · Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · BOLWERK NV BOLWERKSTRAAT 18/2, 2018 ANTWERPEN 1 · Publications in State Gazette ↗
05-06-2024
Bankruptcy Opening
Date: 30-05-2024 · Ondernemingsrechtbank Antwerpen, afdeling Antwerpen · BOLWERK NV BOLWERK- STRAAT 18/2, 2018 ANTWERPEN 1 · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262024-06-05 · Bankruptcy · Opening2024-07-02 · Bankruptcy · Bankruptcy reversal2026-04-23 · Bankruptcy · Opening2026-07-07 · Bankruptcy · Bankruptcy reversal
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 1 acts
All acts · 1 updated 3 years ago
2023
07-06-2023 4 directors appointed Director changes·Sophie Meert
  • MULLER Paula, Bestuurder
  • WASSERMAN David, Bestuurder
  • MÜLLER PAULA, Gedelegeerd bestuurder
  • WASSERMAN David, Gedelegeerd bestuurder
Notary: Sophie Meert · Antwerpen
Technical details 
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      "reason": null,
      "subkind": "renewal",
      "via_org": null,
      "statutory": "statutair",
      "compensated": false,
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      "evidence_quote": "",
      "decharge_status": null,
      "mandate_duration": {
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      "evidence_quote": "De algemene vergadering verleent volledige en algehele kwijting aan de ontslagnemende bestuurders voor de uitoefening van hun mandaat.",
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        "kind": "until_agm_year",
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  "notary": {
    "name": "Sophie Meert",
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  "act_meta": {
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  "publication_proxy": {
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Credit advice verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameNL BOLWERK
Registered office
Lamorinièrestraat 164
2018 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative