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BONAROD

Active
Private limited companyfounded 2025active for 1 yearRue Begnary 20, 4102 Seraing, BelgiumKBO/BCE: BE 1021.207.981
Summary

BONAROD has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36,351 and a net result of €34,351. The computed 12-month bankruptcy probability is 1.4% (low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (31 days) Filed on 31 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00470769.

Equity
€36,351
Total assets
€46,696
Net result
€34,351
Working capital
€36,351

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

Balance-sheet composition
Equity and liabilities €46,696
Equity €36,351
Debt €10,345
Debt finances 22.2% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
4.51
Debt to equity
0.28
ROE
94.5%
ROA
73.6%
Debt ≤ 1 year
€10,345
Income taxes
€9,786

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 96.6% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
96.6% still going

For this company itself Checked computes a higher bankruptcy probability: 1.4% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 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% 1.0%
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 11,280 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 · 25 lines
Balance sheet Code2025
Assets
Total assets20/58€46,696
Current assets29/58€46,696
Amounts receivable within one year40/41€32,293
Other amounts receivable41€32,293
Cash at bank and in hand54/58€14,404
Equity and liabilities
Total equity and liabilities10/49€46,696
Equity10/15€36,351
Contributions10/11€2,000
Profit (loss) carried forward14€34,351
Amounts payable17/49€10,345
Amounts payable within one year42/48€10,345
Trade debts44€560
Suppliers440/4€560
Taxes, remuneration and social security45€9,786
Taxes450/3€9,786
Income statement Code2025
Other operating charges640/8€96
Gross operating margin9900€44,242
Operating profit (loss)9901€44,145
Financial charges65/66B€8
Recurring financial charges65€8
Profit (loss) for the period before taxes9903€44,137
Income taxes67/77€9,786
Profit (loss) for the period9904€34,351
Profit (loss) for the period to be appropriated9905€34,351
Appropriation of the result
Profit (loss) to be appropriated9906€34,351

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Other operating charges640/8€96
Gross operating margin9900€44,242
Operating profit (loss)9901€44,145
Financial charges65/66B€8
Recurring financial charges65€8
Profit (loss) for the period before taxes9903€44,137
Income taxes67/77€9,786
Profit (loss) for the period9904€34,351
Profit (loss) for the period to be appropriated9905€34,351
Line2025
Assets
Total assets20/58€46,696
Current assets29/58€46,696
Amounts receivable within one year40/41€32,293
Other amounts receivable41€32,293
Cash at bank and in hand54/58€14,404
Equity and liabilities
Total equity and liabilities10/49€46,696
Equity10/15€36,351
Contributions10/11€2,000
Profit (loss) carried forward14€34,351
Amounts payable17/49€10,345
Amounts payable within one year42/48€10,345
Trade debts44€560
Suppliers440/4€560
Taxes, remuneration and social security45€9,786
Taxes450/3€9,786
Line2025
Profit (loss) for the period9904€34,351
Operating cash flow (approximation)€34,351

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 (1)
Financial year Type Filed Reference
31-12-2025 micro format 31-08-2026 2026-00470769

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