Bontrade
ActiveSummary
Bontrade has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of €479,334. Equity is growing by ~27.8% per year across the filed fiscal years. Its solvency ranks better than 40% of 8763 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▲+7
Solvency66▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110,000 at 30 days acceptable
Liquidity short (current ratio 0.79 against 0.2 in 2024; short-term debt: 6.7% and cash: 1.2% of total assets), and 58.7% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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
41.3%
Return on assets
13.3%
Age of the figures
9 mo
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 19-05-2026, 73 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
73 d early
2024
114 d early
2023
44 d early
2022
28 d early
2021
17 d early
2020
18 d early
2019
23 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 45 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
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. Usually files around 18 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€1.5m▲ 13.7%
2024 · €1.3m
Total assets
€3.6m▲ 1.3%
2024 · €3.6m
Net result
€479,334▲ 88.0%
2024 · €254,982
Working capital
-€49,840▲ 85.2%
2024 · -€336,702
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€156,073▲ 37.1%€154,526▼ 1.0%€327,151▲ 112%€219,810▼ 32.8%€191,481▼ 12.9%
Net result€111,514within the sector's middle half▼ 73.4%€183,139above the sector's middle half▲ 64.2%€320,230above the sector's middle half▲ 74.9%€254,982above the sector's middle half▼ 20.4%€479,334above the sector's middle half▲ 88.0%
Equity€649,638within the sector's middle half▲ 20.7%€832,777within the sector's middle half▲ 28.2%€1.1mwithin the sector's middle half▲ 26.4%€1.3mwithin the sector's middle half▲ 24.2%€1.5mabove the sector's middle half▲ 13.7%
Total assets€1.5mwithin the sector's middle half▼ 9.6%€4.1mabove the sector's middle half▲ 181%€3.7mabove the sector's middle half▼ 9.1%€3.6mabove the sector's middle half▼ 4.5%€3.6mabove the sector's middle half▲ 1.3%
Debt€810,342▼ 24.8%€3.3m▲ 303%€2.7m▼ 18.2%€2.2m▼ 15.9%€2.1m▼ 5.9%
Working capital-€190,899below the sector's middle half▼ 3.1%-€463,147below the sector's middle half▼ 143%-€442,800below the sector's middle half▲ 4.4%-€336,702below the sector's middle half▲ 24.0%-€49,840within the sector's middle half▲ 85.2%
Solvency44.5%within the sector's middle half▲ 11.2pp20.3%below the sector's middle half▼ 24.2pp28.3%within the sector's middle half▲ 8.0pp36.8%within the sector's middle half▲ 8.5pp41.3%within the sector's middle half▲ 4.5pp
Current ratio0.21below the sector's middle half▼ 0.190.54below the sector's middle half▲ 0.340.30below the sector's middle half▼ 0.240.20below the sector's middle half▼ 0.100.79within the sector's middle half▲ 0.59
Return on assets (ROA)7.6%within the sector's middle half▼ 18.3pp4.5%within the sector's middle half▼ 3.2pp8.6%within the sector's middle half▲ 4.1pp7.2%within the sector's middle half▼ 1.4pp13.3%within the sector's middle half▲ 6.1pp
Staff (FTE)0within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 13% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.6m
Fixed assets
€3.4m ▼ 1.7%
Current assets
€192,516 ▲ 123%
Equity and liabilities €3.6m
Equity
€1.5m ▲ 13.7%
Debt
€2.1m ▼ 5.9%
Debt's share of the balance-sheet total falls from 63.2% to 58.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€245,437▼
2024 · €283,673
Cash flow
€533,290▲
2024 · €318,845
Debt to equity
1.42▼
2024 · 1.72
ROE
32.2%▲
2024 · 19.5%
Interest coverage
6.55▼
2024 · 6.90
Debt ≤ 1 year
€242,356▼
2024 · €423,222
Debt > 1 year
€1.9m▲
2024 · €1.8m
Income taxes
€45,829▲
2024 · €43,763
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,810 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
3.1%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 17,810 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,375 | €15,671 | €17,465 | €63,863 | €53,956 | ▼ 15.5% |
| Other operating charges640/8 | €4,798 | €5,914 | €3,042 | €4,296 | €4,420 | ▲ 2.9% |
| Non-recurring operating charges66A | - | - | - | - | €4,306 | - |
| Gross operating margin9900 | €172,245 | €176,112 | €347,658 | €287,969 | €254,163 | ▼ 11.7% |
| Operating profit (loss)9901 | €156,073 | €154,526 | €327,151 | €219,810 | €191,481 | ▼ 12.9% |
| Financial income75/76B | €373 | €68,000 | €75,000 | €120,022 | €371,147 | ▲ 209% |
| Recurring financial income75 | €373 | €68,000 | €75,000 | €120,022 | €371,147 | ▲ 209% |
| Financial charges65/66B | €9,760 | €20,801 | €48,546 | €41,086 | €37,465 | ▼ 8.8% |
| Recurring financial charges65 | €9,760 | €20,801 | €48,546 | €41,086 | €37,465 | ▼ 8.8% |
| Profit (loss) for the period before taxes9903 | €146,685 | €201,725 | €353,605 | €298,745 | €525,163 | ▲ 75.8% |
| Income taxes67/77 | €35,171 | €18,586 | €33,375 | €43,763 | €45,829 | ▲ 4.7% |
| Profit (loss) for the period9904 | €111,514 | €183,139 | €320,230 | €254,982 | €479,334 | ▲ 88.0% |
| Profit (loss) for the period to be appropriated9905 | €111,514 | €183,139 | €320,230 | €254,982 | €479,334 | ▲ 88.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.5m | €4.1m | €3.7m | €3.6m | €3.6m | ▲ 1.3% |
| Fixed assets21/28 | €1.4m | €3.5m | €3.5m | €3.5m | €3.4m | ▼ 1.7% |
| Tangible fixed assets22/27 | €50,746 | €2.2m | €2.2m | €2.1m | €2.0m | ▼ 2.8% |
| Land and buildings22 | €0 | €450,832 | €2.1m | €2.1m | €2.0m | ▼ 2.5% |
| Furniture and vehicles24 | €40,629 | €29,409 | €18,190 | €6,970 | €352 | ▼ 94.9% |
| Other tangible fixed assets26 | €10,117 | €10,512 | €9,290 | €8,068 | €6,845 | ▼ 15.1% |
| Assets under construction and advance payments27 | - | €1.7m | €0 | - | - | - |
| Financial fixed assets28 | €1.4m | €1.4m | €1.4m | €1.4m | €1.4m | = |
| Current assets29/58 | €49,317 | €548,057 | €191,136 | €86,520 | €192,516 | ▲ 123% |
| Amounts receivable after more than one year29 | €0 | - | - | - | - | - |
| Other amounts receivable291 | €0 | - | - | - | - | - |
| Amounts receivable within one year40/41 | €24,200 | €496,850 | €124,947 | €59,001 | €150 | ▼ 99.7% |
| Trade receivables40 | €24,200 | €24,200 | €86,300 | €48,373 | €0 | ▼ 100% |
| Other amounts receivable41 | €0 | €472,650 | €38,647 | €10,629 | €150 | ▼ 98.6% |
| Current investments50/53 | - | - | - | - | €147,900 | - |
| Cash at bank and in hand54/58 | €22,498 | €48,262 | €63,054 | €24,826 | €42,248 | ▲ 70.2% |
| Deferred charges and accrued income490/1 | €2,620 | €2,945 | €3,135 | €2,692 | €2,218 | ▼ 17.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.5m | €4.1m | €3.7m | €3.6m | €3.6m | ▲ 1.3% |
| Equity10/15 | €649,638 | €832,777 | €1.1m | €1.3m | €1.5m | ▲ 13.7% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €629,638 | €812,777 | €1.0m | €1.3m | €1.5m | ▲ 13.9% |
| Non-distributable reserves130/1 | €2,000 | €0 | - | - | - | - |
| Reserves not available under the articles1311 | €2,000 | €0 | - | - | - | - |
| Distributable reserves133 | €627,638 | €812,777 | €1.0m | €1.3m | €1.5m | ▲ 13.9% |
| Profit (loss) carried forward14 | €0 | - | €0 | €0 | €0 | - |
| Amounts payable17/49 | €810,342 | €3.3m | €2.7m | €2.2m | €2.1m | ▼ 5.9% |
| Amounts payable after more than one year17 | €570,126 | €2.3m | €2.0m | €1.8m | €1.9m | ▲ 2.6% |
| Financial debts170/4 | €570,126 | €2.3m | €2.0m | €1.8m | €1.9m | ▲ 2.6% |
| Amounts payable within one year42/48 | €240,216 | €1.0m | €633,936 | €423,222 | €242,356 | ▼ 42.7% |
| Current portion of amounts payable after more than one year42 | €126,140 | €218,298 | €217,348 | €212,747 | €165,421 | ▼ 22.2% |
| Financial debts43 | €5,064 | €455,042 | €5,052 | €0 | €9,423 | - |
| Credit institutions430/8 | €5,064 | €455,042 | €5,052 | €0 | €9,423 | - |
| Trade debts44 | €5,659 | €232,599 | €7,072 | €2,715 | €28,071 | ▲ 934% |
| Suppliers440/4 | €5,659 | €232,599 | €7,072 | €2,715 | €28,071 | ▲ 934% |
| Taxes, remuneration and social security45 | €29,334 | €33,190 | €73,705 | €30,874 | €33,136 | ▲ 7.3% |
| Taxes450/3 | €27,479 | €31,335 | €71,850 | €29,019 | €32,036 | ▲ 10.4% |
| Remuneration and social security454/9 | €1,855 | €1,855 | €1,855 | €1,855 | €1,100 | ▼ 40.7% |
| Other amounts payable47/48 | €74,019 | €72,076 | €330,759 | €176,885 | €6,304 | ▼ 96.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | €1,188 | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €111,514 | €183,139 | €320,230 | €254,982 | €479,334 | ▲ 88.0% |
| + Depreciation and write-downs630 | €11,375 | €15,671 | €17,465 | €63,863 | €53,956 | ▼ 15.5% |
| Operating cash flow (approximation) | €122,889 | €198,810 | €337,695 | €318,845 | €533,290 | ▲ 67.3% |
| Investment in fixed assets (approximation) | - | -€2.2m | €0 | €0 | €5,306 | - |
| Change in cash | - | €25,764 | €14,792 | -€38,228 | €17,422 | ▲ 146% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
19-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2018net €479,334 ▲88%
Net result €479,334, the highest in the series.
08-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €1mEq €1.1m ▲26.4%
6 profitable years in a row build equity to €1.1m.
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
14-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Equity above €500,000Eq €538,124 ▲220%
3 profitable years in a row build equity to €538,124.
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Equity above €150,000Eq €168,180 ▲127%
2 profitable years in a row build equity to €168,180.
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-04
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Kortrijk · 1 establishment unit since 2016
Ground area
149 m²
Building footprint
129 m²
Volume, LiDAR
1,032 m³
Parcel 34353H0161/00B000, Flanders · tallest building 10.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Bontrade
since 20162.249.322.805
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34353H0161/00B000 | Flanders | 149 m² | 1 · 129 m² | 10.8 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 31-12-2025 list no shareholders, and no other source names one.
Holdings 1
-
100%
According to the 2025 annual accounts of Bontrade and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
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Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 23,464 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-01-2016
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68310Real estate agency activities
68321Property management for co-owned buildings (syndics)
73300Public relations and communication consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0645724842
Also
9925:BE0645724842
Registered
09-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.