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Boolean

Active
Private limited company·Algemene elektrotechnische installatiewerken· 5 yrs active
Thor Park 8027 ·3600 Genk, Belgium
BE 0769.717.863
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Age5 yrs
Staff (FTE)1

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Boolean is 4.1% (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
4.1% 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?

Trust signals

3 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.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

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% -73% vs sector
Net profit
€14k
-76.3% -72% vs sector
Cash flow
€19k
-70.1% -71% vs sector
Total assets
€95k
+7.6% -89% vs sector
Equity
€81k
+21.6% -86% vs sector
Working capital
€69k
+21.4% -84% vs sector
Employees (FTE)
1
- -86% vs sector
Staff costs
€12k
+41606.2% -98% vs sector
Income taxes
€72
-99.5% -100% vs sector
Debt
€14k
-35.7% -94% vs sector
Debt ≤ 1y
€12k
-44.0% -94% vs sector
Debt > 1y
€2k
- -93% vs sector
Current ratio
6.72
+84.8% +76% vs sector
Quick ratio
6.72
+84.8% +122% vs sector
Solvency
85.4%
+13.0% +14% vs sector
Debt / equity
0.17
-47.1% -48% vs sector
ROE
17.7%
-80.5% +12% vs sector
ROA
15.1%
-78.0% +22% vs sector
Interest coverage
39.43
-94.9% +200% vs sector
Figures by fiscal year
Fiscal year2023
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
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
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2023 · computed
93 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

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
Vervaardiging van meet-, controle- en navigatie-instrumenten en -apparatuur
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.

Analysis

Snowflake analysis

financial profile on 5 axes
Health93Profitability89Solvency100Growth52Stability94
86 / 100

Exceptional profile, strong across almost every axis.

Health 93
Profitability 89
Solvency 100
Growth 52
Stability 94

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Credit advice

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

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Elektrotechnische installatiewerken aan gebouwen43211Algemene 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.