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Boolean

Active
Private limited company·Algemene elektrotechnische installatiewerken· 5 yrs active
Thor Park 8027 ·3600 Genk, Belgium
KBO/BCE: BE 0769.717.863
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Belgian State Gazette acts: 0 of 3 read
Age5 yrs
Real estate2 parcels · 2.3 ha

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Boolean is 4.2% (elevated). The 2023 annual accounts show equity of €81k and a net result of €14k. The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
4.2% Elevated
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Multiple establishment units +

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

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 29 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-07-2025, 1 day ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 3 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 30-07-2025 1 d early 2025-00362144
31-12-2023 31-07-2024 24-07-2024 7 d early 2024-00283582
31-12-2022 31-07-2023 25-04-2023 97 d early 2023-00065181

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€14k-76.3%
Working capital€69k+21.4%

Annual accounts & ratios

Source: NBB · 2023
Annual accounts filed on 30-07-2025 with the NBB · fiscal year 2024 · micro
€0€20k€40k€60k€80kOperating result 2022: €76k€76kNet result 2022: €61k€61kOperating result 2023: €15k€15kNet result 2023: €14k€14k20222023
Operating resultNet result
EBITDA
€19k
-75.4% 22-23
Net profit
€14k
-76.3% 22-23
Cash flow
€19k
-70.1% 22-23
Total assets
€95k
+7.6% 22-23
Equity
€81k
+21.6% 22-23
Working capital
€69k
+21.4% 22-23
Employees (FTE)
1
- 22-23
Staff costs
€12k
+41606.2% 22-23
Show 11 other metrics
Income taxes
€72
-99.5% 22-23
Debt
€14k
-35.7% 22-23
Debt ≤ 1y
€12k
-44.0% 22-23
Debt > 1y
€2k
- 22-23
Current ratio
6.72
+84.8% 22-23
Quick ratio
6.72
+84.8% 22-23
Solvency
85.4%
+13.0% 22-23
Debt / equity
0.17
-47.1% 22-23
ROE
17.7%
-80.5% 22-23
ROA
15.1%
-78.0% 22-23
Interest coverage
39.43
-94.9% 22-23
Figures by fiscal year
Fiscal year2023
Depositmicro
Revenue-
EBITDA€19k
Net profit€14k
Cash flow€19k
Staff costs€12k
Income taxes€72
Dividends-
Total assets€95k
Equity€81k
Debt€14k
of which ≤ 1y€12k
of which > 1y€2k
Working capital€69k
Employees (FTE)1.0
Ratios (computed)
2023
Current ratio6.72
Quick ratio6.72
Working capital ratio72.8%
Solvency85.4%
Debt / equity0.17
Long-term debt ratio0.02
Interest coverage39.43
Gross margin-
Net margin-
ROA15.1%
ROE17.7%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€95k
Fixed assets 21/28€14k
Tangible fixed assets 22/27€14k
Current assets 29/58€81k
Amounts receivable within one year 40/41€20k
Cash & bank 54/58€60k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€95k
Equity 10/15€81k
Contributions / capital 10/11€6k
Reserves 13€75k
Amounts payable 17/49€14k
Amounts payable after one year 17€2k
Amounts payable within one year 42/48€12k
Trade debts payable within one year 44€6k
Income statement
Gross operating margin 9900€32k
Operating result 9901€15k
Financial income 75€82
Financial charges 65€486
Result before taxes 9903€14k
Income taxes 67/77€72
Net result for the period 9904€14k
Result to be appropriated 9905€14k
This table shows the latest fiscal year. 1 prior year, with figures and ratios, belongs to a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2023 · computed
93 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023. Indicative, not credit advice.

Directors

Directors & mandates

no sitting director
3 of this company's 3 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.
Former directors (1)
  • Briers Chris
    Director
    State Gazette act 25073215 (11-06-2025)
    Former
    - → 29-04-2025
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Algemene elektrotechnische installatiewerken(43211)
Legal form Private limited company(610)
Incorporation15-06-2021
StatusActive
Postal code3600

Structure & network

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap

Establishment units

2 locations
Boolean
Snoekstraat 8, 3570 AlkenVervaardiging van meet-, controle- en navigatie-instrumenten en -apparatuur
since 20212.318.417.586
Thor Park 8027, 3600 Genk
Detailhandel in verlichtingsartikelen
since 20232.342.361.542
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area2.3 ha
Buildings2
Building footprint1,792 m²
Volume (LiDAR)11,005 m³
Tallest building18.3 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.
71303B1298/00W004 Flanders 2.3 ha 1 · 1,622 m² 18.3 m · 2 fl.
73302F0716/00P003 Flanders 984 m² 1 · 170 m² 10.5 m · 2 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.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

2 acts
Address history · 1
03-09-2024
Registered-office move
All acts · 2 updated 1 year ago
2025
11-06-2025 Briers Chris resigns as director Director changes
  • Briers Chris, Bestuurder
2024
03-09-2024 Registered office moved from Zonhoven to Genk Registered-office change
  • Hortstraat 30 bus A, 3520 Zonhoven → Thor Park 8027 bus 02.25, 3600 Genk

Analysis

Financial profile

5 of 5 axes measured
Health93Profitability89Solvency100Growth52Stability94
86 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 93
Profitability 89
Solvency 100
Growth 52
Stability 94

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 3,241 of the 22,806 companies in this sector. 2,771 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Algemene elektrotechnische installatiewerken43211Ontwerpen en programmeren van computerprogramma's62010Ontwerpen van computerprogramma’s62100
Primary activity highlighted.
Names & trade names
Legal nameNL Boolean
Registered office
Thor Park 8027 bus 2.08
3600 Genk, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.