Boonen Design Studio
BankruptcyThe KBO register records for Boonen Design Studio the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2024 annual accounts show equity of €114k and a net result of €20k.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year €114k
neutral · Filed after the deadline
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 27-02-2025, 27 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
27 d late
2023
on the day
2022
on the day
2021
on the day
2020
2 d early
2019
28 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€114k▲ 21.6%
2023 · €93k
2019: €37k
2020: €38k
2021: €40k
2022: €49k
2023: €93k
2019 → 2024
Total assets
€352k▲ 144%
2023 · €145k
2019: €92k
2020: €87k
2021: €82k
2022: €114k
2023: €145k
2019 → 2024
Net result
€20k▼ 55.3%
2023 · €45k
2019: €16k
2020: €1k
2021: €2k
2022: €10k
2023: €45k
2019 → 2024
Working capital
€83k▼ 2.4%
2023 · €86k
2019: €35k
2020: €37k
2021: €37k
2022: €46k
2023: €86k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€38k-€40k▲ 5.6%€49k▲ 23.5%€93k▲ 90.0%€114k▲ 21.6%
Operating result€4k-€4k▲ 4.3%€17k▲ 329%€71k▲ 304%€46k▼ 35.4%
Net result€1k-€2k▲ 58.6%€10k▲ 382%€45k▲ 344%€20k▼ 55.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 35% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €352k
Fixed assets
€47k▲ 495%
Current assets
€305k▲ 123%
Equity and liabilities €352k
Equity
€114k▲ 21.6%
Debt
€239k▲ 367%
The debt ratio rises from 35.3% to 67.7%: debt grows faster than equity.
Key figures and ratios
EBITDA
€54k▼
2023 · €72k
Cash flow
€29k▼
2023 · €47k
Solvency
32.3%▼
2023 · 64.7%
Current ratio
1.38▼
2023 · 2.67
Quick ratio
1.38▼
2023 · 2.67
Debt / equity
2.10▲
2023 · 0.55
ROE
17.7%▼
2023 · 48.2%
ROA
5.7%▼
2023 · 31.2%
Interest coverage
12.99▼
2023 · 17.15
Debt
€239k▲
2023 · €51k
Debt ≤ 1 year
€221k▲
2023 · €51k
Debt > 1 year
€17k
Income taxes
€26k▼
2023 · €26k
Staff costs
€218k▲
2023 · €46k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€145k€352k▲
Fixed assets21/28€8k€47k▲
Intangible fixed assets21-€4k
Tangible fixed assets22/27€8k€43k▲
Land and buildings22€1k€6k▲
Plant, machinery and equipment23€1k€7k▲
Furniture and vehicles24€5k€30k▲
Financial fixed assets28€169€169=
Current assets29/58€137k€305k▲
Amounts receivable within one year40/41€110k€292k▲
Trade receivables40€21k€185k▲
Other amounts receivable41€89k€106k▲
Cash at bank and in hand54/58€26k€8k▼
Deferred charges and accrued income490/1€1k€6k▲
Equity and liabilities
Total equity and liabilities10/49€145k€352k▲
Equity10/15€93k€114k▲
Contributions10/11€19k€19k=
Reserves13€75k€95k▲
Distributable reserves133€75k€95k▲
Profit (loss) carried forward14€335€384▲
Amounts payable17/49€51k€239k▲
Amounts payable after more than one year17-€17k
Financial debts170/4-€17k
Amounts payable within one year42/48€51k€221k▲
Current portion of amounts payable after more than one year42-€17k
Financial debts43€8k€30k▲
Credit institutions430/8€8k€30k▲
Trade debts44€17k€95k▲
Suppliers440/4€17k€95k▲
Taxes, remuneration and social security45€25k€79k▲
Taxes450/3€19k€52k▲
Remuneration and social security454/9€6k€27k▲
Other amounts payable47/48€800€0▼
Income statement
Code20232024
Non-recurring operating income76A€50-
Remuneration, social security and pensions62€46k€218k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€9k▲
Other operating charges640/8€1k€1k▼
Gross operating margin9900€119k€274k▲
Operating profit (loss)9901€71k€46k▼
Financial income75/76B€5k€5k▼
Recurring financial income75€5k€5k▼
Financial charges65/66B€4k€4k▼
Recurring financial charges65€4k€4k▼
Profit (loss) for the period before taxes9903€72k€46k▼
Income taxes67/77€26k€26k▼
Profit (loss) for the period9904€45k€20k▼
Profit (loss) for the period to be appropriated9905€45k€20k▼
Appropriation of the result
Profit (loss) to be appropriated9906€45k€20k▼
Profit (loss) brought forward from the previous period14P€304€335▲
Transfer to equity691/2€44k€20k▼
To other reserves6921€44k€20k▼
Profit to be distributed694/7€800-
Return on contributions (dividend)694€800-
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
27-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
2024
30-06
Financial
Equity above €100kEq €114k ▲21.6%
6 profitable years in a row build equity to €114k.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2019net €45k ▲344%
Operating result €71k, net result €45k, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Weakest financial yearnet €1k ▼91.9%
Net result drops to €1k, the lowest in the series.
28-02
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-01
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Hasselt · 1 establishment unit since 2004
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Guffenslaan 463500 HasseltGround area
803 m²
Building footprint
232 m²
Volume, LiDAR
1,549 m³
2 parcels, Flanders · tallest building 12.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BOONEN DESIGN STUDIO
since 20042.136.930.388
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71018A0049/00N000 | Flanders | 646 m² | 1 · 104 m² | 7.4 m · 2 fl. |
| 71022H0596/00S007 | Flanders | 157 m² | 1 · 128 m² | 12.5 m · 2 fl. |
Linked by address, not proof of ownership
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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 7,026 EUR awarded · 7,026 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 2,526 EUR | 2,526 EUR |
| 2024 | 1 | 4,500 EUR | 4,500 EUR |
Schemes
Subsidies voor internationaal ondernemen
Vlaams opleidingsverlof (VOV)
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Of 4,235 companies in sector 47789 we hold annual accounts for 1,016. 819 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-04-2004
Fiscal year end30-06
Activities, NACEBEL
47789Other retail sale of new goods
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.