BOOGAERTS
ActiveSummary
BOOGAERTS has been active since 1971 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (-€40,102) and a net result of -€86,960. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 8% of 36381 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0=
Solvency16▼-18
Growth32=
Track record100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.99 against 0.94 in 2023; short-term debt: 86.2% and cash: 0.8% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-8.7%
Return on assets
-18.8%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year -€40,102
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 26-06-2026, 35 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
35 d early
2024
54 d late
2023
26 d late
2022
67 d late
2021
88 d late
2020
3 d early
2019
29 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 24 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% 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 23 September (4 of the last 5 filed years within 34 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
In the rankings
#5 oldest company in Wavre, Construction sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€86,960▼ 6.9%
2023 · -€81,334
Working capital
-€3,980▲ 85.5%
2023 · -€27,487
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction 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
Line20202021202220232024
Operating result€88,770▲ 15,651%€71,472▼ 19.5%-€11,536-€56,169▼ 387%-€61,979▼ 10.3%
Net result€53,820within the sector's middle half€37,617within the sector's middle half▼ 30.1%-€28,939below the sector's middle half-€81,334below the sector's middle half▼ 181%-€86,960below the sector's middle half▼ 6.9%
Equity€119,514within the sector's middle half▲ 22.3%€157,131within the sector's middle half▲ 31.5%€128,192within the sector's middle half▼ 18.4%€46,858within the sector's middle half▼ 63.4%-€40,102below the sector's middle half
Total assets€529,530within the sector's middle half▼ 12.8%€621,198within the sector's middle half▲ 17.3%€611,632within the sector's middle half▼ 1.5%€497,250above the sector's middle half▼ 18.7%€463,306above the sector's middle half▼ 6.8%
Debt€410,015▼ 19.5%€464,067▲ 13.2%€483,440▲ 4.2%€450,392▼ 6.8%€503,409▲ 11.8%
Working capital€64,935within the sector's middle half▲ 98.3%€70,651within the sector's middle half▲ 8.8%€64,749within the sector's middle half▼ 8.4%-€27,487below the sector's middle half-€3,980below the sector's middle half▲ 85.5%
Solvency22.6%within the sector's middle half▲ 6.5pp25.3%within the sector's middle half▲ 2.7pp21.0%within the sector's middle half▼ 4.3pp9.4%below the sector's middle half▼ 11.5pp-8.7%below the sector's middle half▼ 18.1pp
Current ratio1.16within the sector's middle half▲ 0.101.15within the sector's middle half▼ 0.011.14within the sector's middle half▼ 0.010.94below the sector's middle half▼ 0.210.99below the sector's middle half▲ 0.05
Return on assets (ROA)10.2%within the sector's middle half▲ 11.8pp6.1%within the sector's middle half▼ 4.1pp-4.7%below the sector's middle half▼ 10.8pp-16.4%below the sector's middle half▼ 11.6pp-18.8%below the sector's middle half▼ 2.4pp
Staff (FTE)11.9within the sector's middle half▼ 9.8%9.5within the sector's middle half▼ 20.2%9.7within the sector's middle half▲ 2.1%6.8▼ 29.9%6.8=
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €61,979 in 2024 against €56,169 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €463,306
Fixed assets
€67,805 ▼ 23.2%
Current assets
€395,502 ▼ 3.3%
Key figures and ratios
EBITDA
-€33,457▼
2023 · -€24,018
Cash flow
-€58,439▼
2023 · -€49,184
Quick ratio
0.57▲
2023 · 0.55
Debt to equity
-12.55▼
2023 · 9.61
Interest coverage
-1.48▼
2023 · -1.00
Debt ≤ 1 year
€399,482▼
2023 · €436,466
Debt > 1 year
€103,927▲
2023 · €13,925
Income taxes
€2,787▲
2023 · €1,035
Staff costs
€360,147▼
2023 · €466,400
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,622 companies that looked in July 2024 the way this one looks now, 4.6% went bankrupt within 24 months and 84% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
4.6%
went bankrupt
10.0%
stopped otherwise
84%
still going
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.0% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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% 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 6,622 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €526,696 | €558,966 | €466,400 | €360,147 | ▼ 22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €25,697 | €24,380 | €31,820 | €32,151 | €28,521 | ▼ 11.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €243 | €0 | - | - |
| Other operating charges640/8 | - | €4,418 | €3,970 | €53,772 | €634 | ▼ 98.8% |
| Non-recurring operating charges66A | - | - | €6,500 | €37,474 | €22,169 | ▼ 40.8% |
| Gross operating margin9900 | €629,506 | €626,965 | €589,964 | €533,628 | €349,493 | ▼ 34.5% |
| Operating profit (loss)9901 | €88,770 | €71,472 | -€11,536 | -€56,169 | -€61,979 | ▼ 10.3% |
| Financial income75/76B | - | €541 | €1,813 | €0 | €385 | - |
| Recurring financial income75 | €194 | €541 | €1,813 | €0 | €385 | - |
| Financial charges65/66B | - | €9,730 | €18,609 | €24,130 | €22,579 | ▼ 6.4% |
| Recurring financial charges65 | €12,240 | €9,730 | €18,609 | €24,130 | €22,579 | ▼ 6.4% |
| Profit (loss) for the period before taxes9903 | €76,723 | €62,283 | -€28,332 | -€80,299 | -€84,173 | ▼ 4.8% |
| Income taxes67/77 | €22,903 | €24,666 | €607 | €1,035 | €2,787 | ▲ 169% |
| Profit (loss) for the period9904 | €53,820 | €37,617 | -€28,939 | -€81,334 | -€86,960 | ▼ 6.9% |
| Transfer from tax-exempt reserves789 | - | €18,750 | €0 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €53,820 | €56,367 | -€28,939 | -€81,334 | -€86,960 | ▼ 6.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €529,530 | €621,198 | €611,632 | €497,250 | €463,306 | ▼ 6.8% |
| Fixed assets21/28 | €65,740 | €91,588 | €97,277 | €88,271 | €67,805 | ▼ 23.2% |
| Intangible fixed assets21 | €12,781 | €8,398 | €4,199 | €0 | - | - |
| Tangible fixed assets22/27 | €40,103 | €70,335 | €80,223 | €75,415 | €54,949 | ▼ 27.1% |
| Plant, machinery and equipment23 | - | €67,191 | €68,956 | €67,288 | €43,444 | ▼ 35.4% |
| Furniture and vehicles24 | - | €3,144 | €11,267 | €8,127 | €11,505 | ▲ 41.6% |
| Financial fixed assets28 | €12,856 | €12,856 | €12,856 | €12,856 | €12,856 | = |
| Current assets29/58 | €463,790 | €529,610 | €514,355 | €408,979 | €395,502 | ▼ 3.3% |
| Stocks and contracts in progress3 | €103,627 | €101,417 | €122,706 | €168,815 | €168,815 | = |
| Stocks30/36 | - | €101,417 | €122,706 | €168,815 | €168,815 | = |
| Amounts receivable within one year40/41 | €312,871 | €318,645 | €301,297 | €192,732 | €187,944 | ▼ 2.5% |
| Trade receivables40 | - | €318,645 | €286,737 | €184,025 | €180,798 | ▼ 1.8% |
| Other amounts receivable41 | - | - | €14,560 | €8,706 | €7,145 | ▼ 17.9% |
| Cash at bank and in hand54/58 | €26,844 | €83,676 | €53,201 | €16,153 | €3,777 | ▼ 76.6% |
| Deferred charges and accrued income490/1 | - | €25,872 | €37,152 | €31,279 | €34,966 | ▲ 11.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €529,530 | €621,198 | €611,632 | €497,250 | €463,306 | ▼ 6.8% |
| Equity10/15 | €119,514 | €157,131 | €128,192 | €46,858 | -€40,102 | ▼ 186% |
| Contributions10/11 | - | €27,268 | €27,268 | €27,268 | €27,268 | = |
| Reserves13 | €92,246 | €129,863 | €129,863 | €129,863 | €129,863 | = |
| Non-distributable reserves130/1 | - | €29,871 | €29,871 | €29,871 | - | - |
| Reserves not available under the articles1311 | - | €29,871 | €29,871 | €29,871 | - | - |
| Distributable reserves133 | - | €99,992 | €99,992 | €99,992 | €129,863 | ▲ 29.9% |
| Profit (loss) carried forward14 | €366 | - | -€28,939 | -€110,273 | -€197,233 | ▼ 78.9% |
| Amounts payable17/49 | €410,015 | €464,067 | €483,440 | €450,392 | €503,409 | ▲ 11.8% |
| Amounts payable after more than one year17 | €11,161 | €5,107 | €33,834 | €13,925 | €103,927 | ▲ 646% |
| Financial debts170/4 | - | €5,107 | €33,834 | €13,925 | €103,927 | ▲ 646% |
| Amounts payable within one year42/48 | €398,854 | €458,960 | €449,606 | €436,466 | €399,482 | ▼ 8.5% |
| Current portion of amounts payable after more than one year42 | - | €6,054 | €59,329 | €40,559 | €22,148 | ▼ 45.4% |
| Financial debts43 | - | €120,000 | €145,000 | €145,000 | €228,993 | ▲ 57.9% |
| Credit institutions430/8 | - | €120,000 | €145,000 | €145,000 | €228,993 | ▲ 57.9% |
| Trade debts44 | €177,336 | €227,423 | €178,835 | €150,549 | €96,237 | ▼ 36.1% |
| Suppliers440/4 | - | €227,423 | €178,835 | €150,549 | €96,237 | ▼ 36.1% |
| Taxes, remuneration and social security45 | - | €101,596 | €66,442 | €85,849 | €38,781 | ▼ 54.8% |
| Taxes450/3 | - | €85,746 | €48,569 | €40,913 | €15,803 | ▼ 61.4% |
| Remuneration and social security454/9 | - | €15,850 | €17,873 | €44,936 | €22,978 | ▼ 48.9% |
| Other amounts payable47/48 | - | €3,887 | €0 | €14,509 | €13,321 | ▼ 8.2% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €53,820 | €37,617 | -€28,939 | -€81,334 | -€86,960 | ▼ 6.9% |
| + Depreciation and write-downs630 | €25,697 | €24,380 | €31,820 | €32,151 | €28,521 | ▼ 11.3% |
| Operating cash flow (approximation) | €79,517 | €61,997 | €2,881 | -€49,184 | -€58,439 | ▼ 18.8% |
| Investment in fixed assets (approximation) | - | -€50,228 | -€37,509 | -€23,144 | -€8,055 | ▲ 65.2% |
| Change in cash | - | €56,832 | -€30,475 | -€37,048 | -€12,376 | ▲ 66.6% |
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
26-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
23-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 54 days late
2024
31-12
Financial
Weakest financial yearnet -€86,960
Net result drops to -€86,960, the lowest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
06-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 67 days late
2022
27-10
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 88 days late
2021
31-12
Financial
Equity above €150,000Eq €157,131 ▲31.5%
2 profitable years in a row build equity to €157,131.
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €53,820
Net result €53,820 after one loss-making year.
31-12
Financial
Equity above €100,000Eq €119,514 ▲22.3%
Equity rises from €97,758 to €119,514.
02-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
18-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
11-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
19-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 50 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
9 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, Wavre · 1 establishment unit since 1971
Ground area
2,323 m²
Building footprint
789 m²
Volume, LiDAR
5,725 m³
Parcel 25112B0044/00A002, Wallonia · tallest building 9.1 m, ±2 floors. Linked by address, not a title deed.
7
companies at this address
See who is registered here
1 establishment unit
Avenue Galilée 5, 1300 Wavre
since 19712.007.214.367
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25112B0044/00A002 | Wallonia | 2,323 m² | 1 · 789 m² | 9.1 m · 2 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 ownerOwners 1
- Sourceaccounts WALCORP 202450%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts 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.
Recognitions · licences · registrations
Recognised contractor
1 categoryBOOGAERTS SRL04389
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Of 9,537 companies in sector 43222 we hold annual accounts for 5,668. 4,501 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
Founded09-07-1971
Fiscal year end31-12
Activities, NACEBEL 2025
27510Manufacture of electrical equipment
43222Installation of electric heating, air conditioning, cooling and ventilation
43221Plumbing work
43223Specialised construction activities
43240Other construction installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0408417312
Also
9925:BE0408417312
Registered
17-04-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.