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BOON

Active
Private limited companyfounded 1974active for 52 yearsNatiënlaan 159, 8300 Knokke-Heist, BelgiumKBO/BCE: BE 0414.612.939
Summary

BOON has been active since 1974 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €71,799 and a net result of €1.1m. Equity is shrinking by about 20% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2028. The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, abbreviated format

Equity
€71,799▼ 50.4%
2024 · €144,878
Total assets
€376,011▲ 88.9%
2024 · €199,089
Net result
€1.1m▲ 2,063%
2024 · €52,108
Working capital
€76,011▼ 25.5%
2024 · €101,994
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result recovers in 2025; 2025 is 2,176% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€1.5m 2025 Net result€1.1m 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.07m-€0.06m▼ 8.9%€0.06m▼ 6.9%€0.06m▼ 2.4%€0.07m▲ 27.1%€0.07m▲ 3.0%€0.07m▼ 11.0%€1.5m▲ 2,176%
Net result€0.05m-€0.05m▼ 8.7%€0.04m▼ 4.4%€0.04m▼ 1.3%€0.05m▲ 26.2%€0.06m▲ 5.3%€0.05m▼ 9.7%€1.1m▲ 2,063%
Equity€0.4m-€0.3m▼ 26.6%€0.3m▲ 19.3%€0.1m▼ 60.4%€0.2m▲ 40.5%€0.2m▲ 12.0%€0.1m▼ 31.9%€0.07m▼ 50.4%
Total assets€0.4m-€0.3m▼ 16.8%€0.4m▲ 34.5%€0.2m▼ 49.4%€0.3m▲ 22.3%€0.2m▼ 21.4%€0.2m▼ 8.3%€0.4m▲ 88.9%
Debt€0.008m-€0.04m▲ 478%€0.1m▲ 132%€0.09m▼ 12.9%€0.09m▼ 5.0%€0.004m▼ 95.0%€0.05m▲ 1,153%€0.3m▲ 461%
Working capital€0.3m-€0.2m▼ 34.7%€0.2m▲ 36.8%€0.04m▼ 82.7%€0.1m▲ 155%€0.1m€0.08m▼ 25.5%
Staff (FTE)0-
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Why a figure moved sharply
  • 2025 Net result +2,063% on 2024. The accounts now follow the abbreviated format, last year the micro format.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €376,011
Equity €71,799 ▼ 50.4%
Debt €304,212 ▲ 461%
Debt's share of the balance-sheet total rises from 27.2% to 80.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
1.25▼
2024 · 3.04
Debt to equity
4.24▲
2024 · 0.37
ROA
299.7%▲
2024 · 26.2%
Debt ≤ 1 year
€300,000▲
2024 · €50,000
Income taxes
€377,711▲
2024 · €17,369
A ratio outside any meaningful range has been withheld (balance sheet total €376,011, equity €71,799).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 3,818 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 95.1% are still going.

  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.0% went bankrupt
3.7% stopped otherwise
95.1% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

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 497,473 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 3,818 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 against 2024 · 33 lines
Balance sheet Code20242025
Assets
Total assets20/58€0.2m€0.4m▲
Fixed assets21/28€0.05m-
Tangible fixed assets22/27€0.02m-
Land and buildings22€0.02m-
Financial fixed assets28€0.02m-
Current assets29/58€0.2m€0.4m▲
Amounts receivable within one year40/41€0.06m€0.03m▼
Other amounts receivable41€0.06m€0.03m▼
Cash at bank and in hand54/58€0.09m€0.4m▲
Equity and liabilities
Total equity and liabilities10/49€0.2m€0.4m▲
Equity10/15€0.1m€0.07m▼
Contributions10/11€0.02m€0.02m=
Reserves13€0.1m€0.05m▼
Distributable reserves133€0.1m€0.05m▼
Amounts payable17/49€0.05m€0.3m▲
Amounts payable within one year42/48€0.05m€0.3m▲
Other amounts payable47/48€0.05m€0.3m▲
Accrued charges and deferred income492/3€0.004m€0.004m=
Income statement Code20242025
Non-recurring operating income76A-€1.5m
Gross operating margin9900€0.07m€1.5m▲
Operating profit (loss)9901€0.07m€1.5m▲
Financial income75/76B€0.004m€0.008m▲
Recurring financial income75€0.004m€0.008m▲
Profit (loss) for the period before taxes9903€0.07m€1.5m▲
Income taxes67/77€0.02m€0.4m▲
Profit (loss) for the period9904€0.05m€1.1m▲
Profit (loss) for the period to be appropriated9905€0.05m€1.1m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.05m€1.1m▲
Transfer from equity791/2€0.07m€0.07m▲
Transfer to equity691/2-€0
To other reserves6921-€0
Profit to be distributed694/7€0.1m€1.2m▲
Return on contributions (dividend)694€0.1m€1.2m▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A-------€1.5m-
Remuneration, social security and pensions62---€348-----
Other operating charges640/8---€0.02m€0.01m----
Gross operating margin9900€0.07m€0.07m€0.07m€0.08m€0.08m€0.07m€0.07m€1.5m▲ 2,176%
Operating profit (loss)9901€0.07m€0.06m€0.06m€0.06m€0.07m€0.07m€0.07m€1.5m▲ 2,176%
Financial income75/76B---€0.001m€0.001m€0.003m€0.004m€0.008m▲ 110%
Recurring financial income75€0.003m€0.003m€0.001m€0.001m€0.001m€0.003m€0.004m€0.008m▲ 110%
Profit (loss) for the period before taxes9903€0.07m€0.07m€0.06m€0.06m€0.07m€0.08m€0.07m€1.5m▲ 2,066%
Income taxes67/77€0.02m€0.02m€0.01m€0.01m€0.02m€0.02m€0.02m€0.4m▲ 2,075%
Profit (loss) for the period9904€0.05m€0.05m€0.04m€0.04m€0.05m€0.06m€0.05m€1.1m▲ 2,063%
Profit (loss) for the period to be appropriated9905€0.05m€0.05m€0.04m€0.04m€0.05m€0.06m€0.05m€1.1m▲ 2,063%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€398,284€331,445€445,735€225,722€276,029€217,096€199,089€376,011▲ 88.9%
Fixed assets21/28€123,115€111,985€103,013€94,041€85,069€76,097€47,095--
Intangible fixed assets21-€0-------
Tangible fixed assets22/27€24,789€24,789€24,789€24,789€24,789€24,789€24,789--
Land and buildings22---€24,789€24,789€24,789€24,789--
Financial fixed assets28€98,326€87,196€78,224€69,252€60,280€51,308€22,306--
Current assets29/58€275,169€219,460€342,722€131,681€190,960€140,999€151,994€376,011▲ 147%
Amounts receivable within one year40/41-€7,387€9,729€5,524€19,598€60,448€60,110€25,096▼ 58.2%
Other amounts receivable41---€5,524€19,598€60,448€60,110€25,096▼ 58.2%
Cash at bank and in hand54/58€272,812€212,073€332,993€126,157€171,362€80,551€91,884€350,915▲ 282%
Equity and liabilities
Total equity and liabilities10/49€398,284€331,445€445,735€225,722€276,029€217,096€199,089€376,011▲ 88.9%
Equity10/15€390,514€286,565€341,834€135,264€190,058€212,770€144,878€71,799▼ 50.4%
Contributions10/11€11,200€11,200€22,450€22,450€22,450€22,450€22,450€22,450=
Capital10---€22,450€22,450----
Issued capital100---€22,450€22,450----
Reserves13€434,314€425,365€319,384€319,384€112,814€190,320€122,428€49,349▼ 59.7%
Distributable reserves133---€319,384€112,814€190,320€122,428€49,349▼ 59.7%
Profit (loss) carried forward14-€55,000-€150,000--€206,570€54,794----
Amounts payable17/49€7,770€44,880€103,901€90,458€85,971€4,326€54,211€304,212▲ 461%
Amounts payable within one year42/48€7,770€44,880€103,901€90,458€85,971-€50,000€300,000▲ 500%
Financial debts43---€10,782-----
Other loans439---€10,782-----
Other amounts payable47/48---€79,676€85,971-€50,000€300,000▲ 500%
Accrued charges and deferred income492/3-----€4,326€4,211€4,212=
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€0.05m€0.05m€0.04m€0.04m€0.05m€0.06m€0.05m€1.1m▲ 2,063%
Operating cash flow (approximation)€0.05m€0.05m€0.04m€0.04m€0.05m€0.06m€0.05m€1.1m▲ 2,063%
Investment in fixed assets (approximation)-€0.01m€0.009m€0.009m€0.009m€0.009m€0.03m--
Change in cash--€0.06m€0.1m-€0.2m€0.05m-€0.09m€0.01m€0.3m▲ 2,186%

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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Latest 10 of 49 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 abbreviated format 09-06-2026 2026-00145616
31-12-2024 micro format 14-07-2025 2025-00264352
31-12-2023 micro format 25-07-2024 2024-00296897
31-12-2022 micro format 12-07-2023 2023-00239434
31-12-2021 micro format 29-07-2022 2022-20260840
31-12-2020 abbreviated format 23-07-2021 2021-38500144
31-12-2019 micro format 30-07-2020 2020-35800385
31-12-2018 abbreviated format 24-07-2019 2019-36600184
31-12-2017 micro format 18-06-2018 2018-19900431
31-12-2016 abbreviated format 21-06-2017 2017-19400418

Show all 49 filings

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