Boone Construct
ActiveSummary
The computed 12-month bankruptcy probability of Boone Construct is 1.9% (moderate). The 2025 annual accounts show equity of €438,560 and a net result of €107,945. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 12% of 595 sector peers (NACE 33, financial year 2025). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 21-04-2017 Normal situation
- Activity
- Repair and maintenance of machinery NACE 33120and 8 others
- Joint committees
- 111 Paritair Comité voor de metaal-, machine- en elektrische bouw
- 209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid · annual accounts 2022
- Establishment unit
- 2.278.486.349 8755 Wingene, since 20-08-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 31-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.9%
Annual accounts 2025
- Gross margin
- €1.3m
- ▲ 14.7%
- Turnover
- ≈ €2.2m
- estimated
- Profit
- €107,945
- ▲ 145%
- Equity
- €438,560
- ▲ 32.6%
- Total assets
- €7.7m
- ▲ 15.4%
- Employees on 31-12-2025
- 14
- ▲ 27.3%
Filed on 01-07-2026, 30 days before the deadline
Score breakdownraises riskLiquidity: current ratio 1.02, cash €3,386, halvedEquity €438,560 (5.7% of total assets)Sector: Repair, maintenance and installation of machinery and equipment (NACE 33)lowers riskFigures for financial year 2025 (filed on 01-07-2026)Show the evidence
Checked score
Score 2025
53
/ 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 27% of small companies in repair and installation of machinery (NACE 33)
Financial strength · tick: 2024
Weak
Solvency
31+1
equity 5.7% of total assets
Liquidity
1-10
short-term debt 88.5% · cash 0.0%
Profitability
46+7
return on assets 1.4%
Bankruptcy probability within 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.9%
01-2025: 1.8%▼ -0.1 percentage points vs 12-2024lowest value
02-2025: 1.8%● unchanged vs 01-2025
03-2025: 2.1%▲ +0.3 percentage points vs 02-2025
04-2025: 2.4%▲ +0.3 percentage points vs 03-2025
05-2025: 2.9%▲ +0.5 percentage points vs 04-2025
06-2025: 2.6%▼ -0.3 percentage points vs 05-2025
07-2025: 2.9%▲ +0.3 percentage points vs 06-2025highest value
08-2025: 2.6%▼ -0.3 percentage points vs 07-2025
09-2025: 2.4%▼ -0.2 percentage points vs 08-2025
10-2025: 2.4%● unchanged vs 09-2025
11-2025: 2.4%● unchanged vs 10-2025
12-2025: 2.4%● unchanged vs 11-2025
01-2026: 2.4%● unchanged vs 12-2025
02-2026: 1.9%▼ -0.5 percentage points vs 01-2026
03-2026: 1.9%● unchanged vs 02-2026
04-2026: 1.9%● unchanged vs 03-2026
05-2026: 1.9%● unchanged vs 04-2026
06-2026: 2.0%▲ +0.1 percentage points vs 05-2026
07-2026: 2.1%▲ +0.1 percentage points vs 06-2026
08-2026: 1.9%▼ -0.2 percentage points vs 07-2026
09-2026: 1.9%● unchanged vs 08-2026
10-2026: 1.9%● unchanged vs 09-2026
11-2026: 1.9%● unchanged vs 10-2026
Credit of up to €23,000 on 30-day terms is acceptable
Liquidity is tight, with a current ratio of 1.02 (1.28 in 2024), below the usual 1.5. Short-term debt is 88.5% and cash 0% of total assets. 94.3% of the assets are financed with debt and provisions.
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 33, small). It does better than 7% of them on solvency, 2% on liquidity, 22% on profitability and 78% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Seven signals.
lowers riskraises riskneutral
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 595 sector peers (2025).
NBB · sector comparisonPosition among 595 sector peers
Solvency
better than 12%
← weakest
strongest →
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €438,560
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 01-07-2026, 30 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
30 days early
2024
6 days early
2023
41 days early
2022
146 days early
2021
123 days early
2020
153 days late
2019
21 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 31 days before the deadline. In the sector (NACE 33), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 21 June (4 of the last 5 accounts filed within 83 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
Financials
Financials · financial year 2025, abbreviated format
Annual accounts 2025 filed on 01-07-2026 at the NBB all 8 filings
Amounts without an identifiable currency are taken as euros.
Turnover
≈ €2.2m
Estimated: probably between €1.5m and €3.6m
Total assets
€7.7m▲ 15.4%
2024 · €6.6m
Net result
€107,945▲ 145%
2024 · €44,074
Working capital
€161,731▼ 88.0%
2024 · €1.3m
In the rankings
#10 company by total assets in Wingene, Manufacturing sector
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result for 2025 is 16% higher than in 2024. It is a recovery after the fall in 2024.
Operating result€0.2m
2025
Net result€0.1m
2025
Total assets€7.7m
2025
Equity€0.4m
2025
Debt€7.2m
2025
Working capital€0.2m
2025
Return on assets (ROA)1.4%
2025
Solvency5.7%
2025
Current ratio1.02
2025
Staff (FTE)13
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Average staff per financial year, in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Repair, maintenance and installation of machinery and equipment (NACE 33). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio, return on assets (ROA) and staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result€0.2m-€0.1m▼ 1.7%-€0.2m€0.2m€0.2m▲ 61.8%€0.4m▲ 56.9%€0.2m▼ 52.1%€0.2m▲ 15.7%
Net result€0.07m-€0.07m▼ 3.0%-€0.3mbelow the sector's middle half€0.04mwithin the sector's middle half€0.1mwithin the sector's middle half▲ 283%€0.2mabove the sector's middle half▲ 71.3%€0.04mwithin the sector's middle half▼ 81.2%€0.1mwithin the sector's middle half▲ 145%
Equity€0.06m-€0.1m▲ 117%-€0.1mbelow the sector's middle half-€0.09mbelow the sector's middle half▲ 29.6%€0.05mbelow the sector's middle half€0.3mwithin the sector's middle half▲ 452%€0.3mwithin the sector's middle half▲ 15.4%€0.4mwithin the sector's middle half▲ 32.6%
Total assets€1.4m-€1.9m▲ 30.3%€2.3mabove the sector's middle half▲ 20.0%€3.3mabove the sector's middle half▲ 46.7%€3.3mabove the sector's middle half▼ 1.1%€3.6mabove the sector's middle half▲ 9.9%€6.6mabove the sector's middle half▲ 84.6%€7.7mabove the sector's middle half▲ 15.4%
Debt€1.4m-€1.7m▲ 26.5%€2.4m▲ 36.1%€3.4m▲ 42.8%€3.2m▼ 5.1%€3.3m▲ 2.8%€6.3m▲ 90.5%€7.2m▲ 14.5%
Working capital-€0.08m--€0.09m▼ 22.5%-€0.6mbelow the sector's middle half▼ 527%€0.7mabove the sector's middle half€0.6mwithin the sector's middle half▼ 22.5%€0.3mwithin the sector's middle half▼ 53.3%€1.3mabove the sector's middle half▲ 410%€0.2mwithin the sector's middle half▼ 88.0%
Solvency4.3%-7.1%▲ 2.8pp-5.4%below the sector's middle half▼ 12.5pp-2.6%below the sector's middle half▲ 2.8pp1.6%below the sector's middle half▲ 4.2pp8.0%below the sector's middle half▲ 6.4pp5.0%below the sector's middle half▼ 3.0pp5.7%below the sector's middle half▲ 0.7pp
Current ratio0.94-0.94=0.69below the sector's middle half▼ 0.261.44within the sector's middle half▲ 0.751.31within the sector's middle half▼ 0.131.11within the sector's middle half▼ 0.201.28within the sector's middle half▲ 0.171.02below the sector's middle half▼ 0.26
Return on assets (ROA)5.1%-3.8%▼ 1.3pp-11.3%below the sector's middle half▼ 15.1pp1.1%within the sector's middle half▲ 12.4pp4.2%within the sector's middle half▲ 3.1pp6.5%within the sector's middle half▲ 2.3pp0.7%below the sector's middle half▼ 5.9pp1.4%within the sector's middle half▲ 0.7pp
Staff (FTE)6.1-9.6▲ 57.4%10.1above the sector's middle half▲ 5.2%10.3above the sector's middle half▲ 2.0%9.9above the sector's middle half▼ 3.9%10within the sector's middle half▲ 1.0%10.7above the sector's middle half▲ 7.0%13above the sector's middle half▲ 21.5%
above
within
below
The sector band is the middle half of the companies in Repair, maintenance and installation of machinery and equipment (NACE 33). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €7.7m
Fixed assets
€723,388 ▲ 53.6%
Current assets
€6.9m ▲ 12.5%
Equity and liabilities €7.7m
Equity
€438,560 ▲ 32.6%
Debt
€7.2m ▲ 14.5%
Debt's share of the balance-sheet total falls from 95.0% to 94.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€385,368▲
2024 · €291,162
Cash flow
€280,806▲
2024 · €151,588
Quick ratio
0.30▼
2024 · 0.49
Debt to equity
16.50▼
2024 · 19.11
ROE
24.6%▲
2024 · 13.3%
Interest coverage
3.00▲
2024 · 2.29
Debt ≤ 1 year
€6.8m▲
2024 · €4.8m
Debt > 1 year
€400,933▼
2024 · €1.4m
Income taxes
€42,821▲
2024 · €12,553
Staff costs
€861,669▲
2024 · €783,774
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Staff
| Item | 31-12-2022 | 31-12-2023 | 31-12-2024 | 31-12-2025 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 10 | 11 | 11 | 14 |
| full-time | 9 | 10 | 10 | 13 |
| part-time | 1 | 1 | 1 | 1 |
| in full-time equivalents | 9.8 | 11 | 10.8 | 13.8 |
| Average over the year, in full-time equivalents | 9.9 | 10 | 10.7 | 13 |
| On a permanent contract | 10 | 11 | 11 | 10 |
| Joined | 2 | 1 | 3 | 38 |
| Left | 1 | 0 | 3 | 35 |
| Training hours | - | - | 0 | 38 |
Source: social balance sheet in the 2022 to 2025 annual accounts
Overdue debts
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Overdue tax debts | - | €248,516 | - | - |
| Overdue social security (RSZ) debts | - | €52,365 | - | - |
Source: notes to the 2022 to 2025 annual accounts (statement of debts)
Securities and guarantees
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Debts secured on the company's own assets | €797,126 | €914,923 | €2.3m | €3.2m |
| Mortgages, amount registered | €475,000 | €475,000 | €100,000 | €100,000 |
| Mortgage mandates | - | - | €2.1m | €2.1m |
| Carrying value of the mortgaged assets | €578,018 | €578,018 | €1.5m | €2.5m |
| Pledge on the business | €260,000 | €260,000 | €561,000 | €561,000 |
| Mandates to pledge the business | €255,000 | €255,000 | - | - |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Tangible fixed assets | €64,128 | €60,631 | €176,881 | €417,581 |
| Intangible fixed assets | - | - | €145,165 | €7,820 |
| Financial fixed assets | - | - | €270 | €0 |
| Depreciation and write-downs of the year | €104,236 | €109,552 | €107,514 | €172,861 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Subsidies and aid
Flemish government
2022 to 2025 · 4 entries · €4,930 awarded · €4,530 paid| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 2 | -€4,583 | €0 |
| 2024 | 1 | €8,924 | €3,941 |
| 2022 | 1 | €589 | €589 |
Comparable companies
These companies have the same main activity as Boone Construct: repair and maintenance of machinery (NACE 33120). They are comparable in size and age: total assets between €2.7m and €9.9m, founded between 2009 and 2019.
| Company | Founded | Total assets | Equity | Gross margin | Net result | FTE | Financial year |
|---|---|---|---|---|---|---|---|
| Boone Construct Wingene | 2017 | €7.7m | €0.4m | €1.3m | €0.1m | 13 | 2025 |
| DANNEELS SBA Ecaussinnes | 2016 | €9.9m | €1.1m | €1.8m | €0.1m | 15.5 | 2025 |
| BKA Service, providing the best service in industry Merchtem | 2013 | €5.5m | €2.9m | €2.4m | €0.8m | 15.2 | 2025 |
| Technisch Bedrijf De Kegel Erpe-Mere | 2019 | €4.0m | €2.3m | €1.8m | €0.5m | 12.6 | 2025 |
| Creus Concrete Solutions Poperinge | 2010 | €8.2m | €2.5m | €3.0m | €0.9m | 16.4 | 2025 |
| Correct-Services Evergem | 2009 | €4.1m | €2.5m | €1.8m | €0.5m | 12.3 | 2025 |
| Callewaert Industries G.D.B. Pump Service Center Roeselare | 2017 | €2.7m | €0.2m | €0.8m | €0.02m | 9.1 | 2025 |
They were chosen from the 1,415 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Companies with the same profile, two years later
Historical observationIn July 2024, 1,603 companies had the same profile as Boone Construct has now. Two years later, 1.9% had gone bankrupt and 96.1% were still going.
- Small
- 5 to 10 years old
- solvency under 10%
- a profit under 5% of the balance sheet
1.9%
went bankrupt
1.8%
stopped otherwise
96.1%
was still going
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of Boone Construct itself: 1.9% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 1,603 companies, not a prediction for Boone Construct. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €0.01m | €0 | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | - | €0.6m | €0.7m | €0.8m | €0.9m | ▲ 9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.05m | €0.06m | €0.07m | €0.1m | €0.1m | €0.1m | €0.1m | €0.2m | ▲ 60.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | - | €0.08m | €0 | - | - |
| Other operating charges640/8 | - | - | - | - | €0.04m | €0.06m | €0.03m | €0.02m | ▼ 29.4% |
| Non-recurring operating charges66A | - | - | - | - | - | - | €0.01m | €0.01m | ▼ 8.9% |
| Gross operating margin9900 | €0.6m | €0.8m | €0.4m | €0.9m | €1.0m | €1.3m | €1.1m | €1.3m | ▲ 14.7% |
| Operating profit (loss)9901 | €0.2m | €0.1m | -€0.2m | €0.2m | €0.2m | €0.4m | €0.2m | €0.2m | ▲ 15.7% |
| Financial income75/76B | - | - | - | - | €0.01m | €0.01m | €0 | €0.07m | - |
| Recurring financial income75 | €0.002m | €0.002m | €35 | €0.002m | €0.01m | €0.01m | €0 | €0.07m | - |
| Financial charges65/66B | - | - | - | - | €0.1m | €0.09m | €0.1m | €0.1m | ▲ 1.0% |
| Recurring financial charges65 | €0.08m | €0.07m | €0.1m | €0.1m | €0.1m | €0.09m | €0.1m | €0.1m | ▲ 1.0% |
| Profit (loss) for the period before taxes9903 | €0.07m | €0.08m | -€0.3m | €0.04m | €0.1m | €0.3m | €0.06m | €0.2m | ▲ 166% |
| Income taxes67/77 | €448 | €0.01m | €362 | -€276 | €0.006m | €0.07m | €0.01m | €0.04m | ▲ 241% |
| Profit (loss) for the period9904 | €0.07m | €0.07m | -€0.3m | €0.04m | €0.1m | €0.2m | €0.04m | €0.1m | ▲ 145% |
| Transfer to tax-exempt reserves689 | - | - | - | - | €0.02m | €0.1m | €0 | - | - |
| Profit (loss) for the period to be appropriated9905 | €0.07m | €0.07m | -€0.3m | €0.04m | €0.1m | €0.1m | €0.04m | €0.1m | ▲ 145% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €1.4m | €1.9m | €2.3m | €3.3m | €3.3m | €3.6m | €6.6m | €7.7m | ▲ 15.4% |
| Formation expenses20 | €0 | - | - | - | - | - | - | - | - |
| Fixed assets21/28 | €0.1m | €0.3m | €1.0m | €0.9m | €0.9m | €0.8m | €0.5m | €0.7m | ▲ 53.6% |
| Intangible fixed assets21 | €0 | - | €0.1m | €0.08m | €0.06m | €0.04m | €0.2m | €0.1m | ▼ 25.6% |
| Tangible fixed assets22/27 | €0.1m | €0.3m | €0.9m | €0.8m | €0.8m | €0.8m | €0.3m | €0.6m | ▲ 96.3% |
| Land and buildings22 | - | - | - | - | €0.6m | €0.6m | €0 | - | - |
| Plant, machinery and equipment23 | - | - | - | - | €0.07m | €0.08m | €0.1m | €0.2m | ▲ 99.1% |
| Furniture and vehicles24 | - | - | - | - | €0.1m | €0.07m | €0.05m | €0.07m | ▲ 39.6% |
| Leasing and similar rights25 | - | - | - | - | - | - | €0.08m | €0.3m | ▲ 258% |
| Other tangible fixed assets26 | - | - | - | - | €0.08m | €0.06m | €0.08m | €0.07m | ▼ 18.3% |
| Financial fixed assets28 | €0 | - | - | - | - | - | €270 | €270 | = |
| Current assets29/58 | €1.3m | €1.6m | €1.3m | €2.4m | €2.4m | €2.8m | €6.2m | €6.9m | ▲ 12.5% |
| Stocks and contracts in progress3 | €0.4m | €0.6m | €0.9m | €0.8m | €0.9m | €0.8m | €3.8m | €4.9m | ▲ 30.0% |
| Stocks30/36 | - | - | - | - | €0.7m | €0.7m | €2.5m | €3.6m | ▲ 47.7% |
| Contracts in progress37 | - | - | - | - | €0.2m | €0.09m | €1.3m | €1.3m | ▼ 2.5% |
| Amounts receivable within one year40/41 | €0.5m | €0.3m | €0.2m | €1.1m | €1.2m | €1.8m | €2.3m | €2.0m | ▼ 14.7% |
| Trade receivables40 | - | - | - | - | €1.2m | €1.8m | €2.3m | €1.9m | ▼ 15.4% |
| Other amounts receivable41 | - | - | - | - | €100 | €0.008m | €0.05m | €0.06m | ▲ 20.4% |
| Current investments50/53 | €0 | - | - | - | - | - | - | - | - |
| Cash at bank and in hand54/58 | €0.04m | €0.5m | €0.08m | €0.1m | €0.3m | €0.1m | €0.02m | €0.003m | ▼ 85.6% |
| Deferred charges and accrued income490/1 | - | - | - | - | €0.003m | €0.01m | €0.03m | €0.03m | ▼ 18.5% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €1.4m | €1.9m | €2.3m | €3.3m | €3.3m | €3.6m | €6.6m | €7.7m | ▲ 15.4% |
| Equity10/15 | €0.06m | €0.1m | -€0.1m | -€0.09m | €0.05m | €0.3m | €0.3m | €0.4m | ▲ 32.6% |
| Contributions10/11 | €0.03m | €0.03m | - | - | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Reserves13 | €0.04m | €0.1m | €0.003m | €0.003m | €0.03m | €0.2m | €0.2m | €0.2m | = |
| Non-distributable reserves130/1 | - | - | - | - | €0.003m | €0.003m | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | - | €0.003m | €0.003m | €0 | - | - |
| Tax-exempt reserves132 | - | - | - | - | €0.02m | €0.2m | €0.2m | €0.2m | = |
| Distributable reserves133 | - | - | - | - | - | - | €0.003m | €0.003m | = |
| Profit (loss) carried forward14 | €0 | - | -€0.1m | -€0.1m | €385 | €0.1m | €0.1m | €0.3m | ▲ 72.5% |
| Amounts payable17/49 | €1.4m | €1.7m | €2.4m | €3.4m | €3.2m | €3.3m | €6.3m | €7.2m | ▲ 14.5% |
| Amounts payable after more than one year17 | - | €0.05m | €0.5m | €1.5m | €1.4m | €0.8m | €1.4m | €0.4m | ▼ 72.3% |
| Financial debts170/4 | - | - | - | - | €1.2m | €0.6m | €0.9m | €0.3m | ▼ 70.8% |
| Trade debts175 | - | - | - | - | - | - | €0.4m | €0 | ▼ 100% |
| Other amounts payable178/9 | - | - | - | - | €0.2m | €0.1m | €0.1m | €0.1m | ▼ 4.5% |
| Amounts payable within one year42/48 | €1.4m | €1.7m | €1.9m | €1.7m | €1.8m | €2.5m | €4.8m | €6.8m | ▲ 40.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 9.4% |
| Financial debts43 | - | - | - | - | €0.03m | €0.5m | €1.2m | €3.0m | ▲ 150% |
| Credit institutions430/8 | - | - | - | - | €0.03m | €0.5m | €1.2m | €3.0m | ▲ 150% |
| Trade debts44 | €0.8m | €0.9m | €1.1m | €1.1m | €0.6m | €1.1m | €2.5m | €2.2m | ▼ 13.6% |
| Suppliers440/4 | - | - | - | - | €0.6m | €1.1m | €2.5m | €2.2m | ▼ 13.6% |
| Advances received on contracts in progress46 | - | - | - | - | €0.4m | €0.08m | €0.8m | €1.2m | ▲ 52.9% |
| Taxes, remuneration and social security45 | - | - | - | - | €0.5m | €0.6m | €0.1m | €0.2m | ▲ 33.6% |
| Taxes450/3 | - | - | - | - | €0.4m | €0.4m | €0.09m | €0.09m | ▼ 0.3% |
| Remuneration and social security454/9 | - | - | - | - | €0.09m | €0.1m | €0.03m | €0.07m | ▲ 125% |
| Other amounts payable47/48 | - | - | - | - | €0.1m | €0.04m | €0.02m | €0.1m | ▲ 533% |
| Accrued charges and deferred income492/3 | - | - | - | - | €0.03m | €0.03m | €0.04m | €0.05m | ▲ 5.2% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €74,162 | €71,953 | -€254,460 | €35,730 | €136,999 | €234,656 | €44,074 | €107,945 | ▲ 145% |
| + Depreciation and write-downs630 | €50,879 | €61,283 | €71,262 | €105,886 | €104,236 | €109,552 | €107,514 | €172,861 | ▲ 60.8% |
| Operating cash flow (approximation) | €125,041 | €133,236 | -€183,198 | €141,616 | €241,235 | €344,208 | €151,588 | €280,806 | ▲ 85.2% |
| Investment in fixed assets (approximation) | - | -€199,991 | -€746,776 | -€77,935 | -€62,396 | -€60,631 | €255,702 | -€425,401 | - |
| Change in cash | - | €472,134 | -€425,788 | €45,284 | €151,593 | -€134,200 | -€121,609 | -€20,086 | ▲ 83.5% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 01-07-2026 | 2026-00244557 | NBB |
| 31-12-2024 | abbreviated format | 25-07-2025 | 2025-00318219 | |
| 31-12-2023 | abbreviated format | 20-06-2024 | 2024-00146180 | |
| 31-12-2022 | abbreviated format | 07-03-2023 | 2023-00036498 | |
| 31-12-2021 | abbreviated format | 30-03-2022 | 2022-09200526 | |
| 31-12-2020 | abbreviated format | 31-12-2021 | 2021-82500011 | |
| 31-12-2019 | abbreviated format | 10-07-2020 | 2020-29500379 | |
| 31-12-2018 | abbreviated format | 08-07-2019 | 2019-30400007 |
Board & ownership
Directors
Directors
1 director, last change in 2020
BTR BV
Current
Director · Legal entity · listed in the 2025 annual accounts, filed on 01-07-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 18-01-2024Owners and capital
Capital transactions
Capital over time
- 18-01-2024 Converted to unavailable equity
Mandate history
2 people, 1 in office
- Board
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| BTR BV |
|
| Hans BOONE |
|
Network & group
Boone Construct shares no director with another company.
Companies at the same address
2 other companiesConnections & network
1 current directorThe network starts from the directors of Boone Construct. Every other company they run is a node.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, zoom with the mouse wheel.
Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
01-07
abbreviated format · 30 days before the deadline
2025
25-07
abbreviated format · 6 days before the deadline
2024
20-06
abbreviated format · 41 days before the deadline
18-01
Gazette deed
Registered office moved to RuiseledeChange of role: Hans BOONE, from manager to director · Permanent representative: Hans BOONE · Capital conversion15 points ▸
Gazette deed
Registered office moved to Ruiselede
Change of role: Hans BOONE, from manager to director · Permanent representative: Hans BOONE · Capital conversion15 points ▸
- General meeting, 15-01-2024
- Other provision, “aanpassing statuten aan WVV met behoud rechtsvorm, statuten aanpassen aan WVV en rechtsvorm besloten vennootschap behouden” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Other provision, “volstorting kapitaal, comparant” (deed in Dutch)
- Registered-office move, Eekhoutstraat 57,8755 Ruiselede
- Amendment of the articles
- Capital
- Other provision, “TITEL VII.ONTBINDING-VEREFFENING, titel gedrukt,inhoud weggelaten als (...)” (deed in Dutch)
- Other provision, “TITEL VIII.ALGEMENE MAATREGELEN, titel gedrukt,inhoud weggelaten als (...)” (deed in Dutch)
- Power of attorney, Herlinde BAERT
- Director resignation, Hans BOONE (manager)
- Director appointment, Hans BOONE (director (not named in the articles))
- The act holds 3 more points.
2023
31-12
Financial
Highest result from 2018 to 2025net €234,656 ▲71.3%
The operating result of €383,409 and the net result of €234,656 are both a record.
31-12
Financial
Equity above €200,000equity €286,541 ▲452%
After 3 profitable years in a row, equity reaches €286,541.
07-03
abbreviated format · 146 days before the deadline
2022
30-03
abbreviated format · 123 days before the deadline
2021
31-12
Financial
Back to profitnet €35,730
The net result is €35,730, after one loss-making year.
31-12
Financial
Liquidity more than doubledcurrent ratio 1.44
The current ratio rises from 0.69 to 1.44. Short-term debt falls from €1.9m to €1.7m.
31-12
abbreviated format · 153 days late
2020
31-12
Financial
Weakest financial yearnet -€254,460
The net result drops to -€254,460, the lowest from 2018 to 2025. It recovers the following year.
Show earlier events
10-07
abbreviated format · 21 days before the deadline
2019
31-12
Financial
Equity above €100,000equity €133,615 ▲117%
With a profit in every financial year since 2018, equity grows to €133,615.
08-07
abbreviated format · 23 days before the deadline
2017
25-04
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
Boone Construct in Dutch
Enterprise number
0674.710.224
Legal form
Private limited company
Status
Active, normale toestand
Founded
21-04-2017
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 18-01-2024 (in Dutch)Name clauseThe company operates under this name according to its articles.
Boone Construct
deed of 18-01-2024 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaamse Gewest, voor zover geen wijziging taal statuten vereist”
deed of 18-01-2024 (in Dutch)Registered office and establishments
Registered office
Eekhoutstraat 57, 8755 Wingene, Belgium
Establishment unit
Boone Construct BVBA, Eekhoutstraat 57, 8755 Wingene since 20-08-2018 · unit number 2.278.486.349
Activities
NACEBEL 2025VAT activities
29201
Manufacture of motor vehicles, trailers and semi-trailers
46180
Agents specialised in the wholesale of other particular products
46712
Wholesale trade
46713
Wholesale trade
47812
Retail trade
68110
Buying and selling of own real estate
95312
Repair and maintenance of computers, personal and household goods, and motor vehicles and motorcycles
95319
Other maintenance and repair of motor vehicles
Social security (RSZ) activities
33120
Repair and maintenance of machinery main activity
Codes under NACEBEL 2008
VAT activities
29201
Manufacture of motor vehicles, trailers and semi-trailers
45191
45192
45193
45194
45202
45209
68100
Real estate activities
Social security (RSZ) activities
33120
Repair, maintenance and installation of machinery and equipment main activity
Joint committees
111 Paritair Comité voor de metaal-, machine- en elektrische bouw
209 Paritair Comité voor de bedienden der metaalfabrikatennijverheid annual accounts 2022
PurposeThe purpose describes the activities the company may carry out under its articles.
deed of 18-01-2024 (in Dutch)
“Commerciële activiteiten aangaande onderhoud,montage en herstellingen van machines voor agrarische en industriële toepassingen. Dit tevens…”
9 activities
- Commerciële activiteiten aangaande onderhoud,montage en herstellingen van machines voor agrarische en industriële toepassingen. Dit tevens met betrekking tot import- en exportactiviteiten;
- Commissionair inzake aankoop en verkoop met betrekking tot constructiematerialen en overige goederen machines;
- Vertegenwoordiging op zelfstandige basis;
- Adviesverlening I consultancy aan derden;
- Beheer van onroerende goederen;
- Automatiseringen;
- Ambulante handel;
- Aan- en verkoop van machines en apparaten.
- De uitbating van garagewerkplaats in de meest ruime zin van het woord,alsook de aankoop en verkoop van voer-tuigonderdelen.
Invoicing and payment
VAT number
BE 0674.710.224
Financial year and general meeting
Accounts at the NBBFinancial year end
31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Third Friday of May at 15:00
deed of 18-01-2024 (in Dutch)Environmental permits
1 application in Flanders since 2020 · 1 granted
Verbouwen en/of uitbreiden zonder functiewijziging en zonder wijziging van aantal woongelegenheden
Source: Omgevingsloket Vlaanderen.
Sites & property
Location
Buildings and parcels at the address
Ground area
4,768 m²
Building footprint
1,610 m²
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 37012D0693/00A000 | Flanders | 4,768 m² | 1 · 1,610 m² | 0.1 m |