Boontech
ActiveSummary
The computed 12-month bankruptcy probability of Boontech is 1.9% (moderate). The 2024 annual accounts show equity of €143,475 and a net result of €63,978. Equity is growing by ~38.2% per year across the filed fiscal years. Its solvency ranks better than 78% of 1632 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+22
Solvency98▼-2
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity ample (current ratio 3.1 against 3.42 in 2023; short-term debt: 26.9% and cash: 54.4% of total assets), and 26.9% of the assets are financed with debt.
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Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Repair, maintenance and installation of machinery and equipment (NACE 33)
about 56% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
40 d early
2022
32 d early
2021
24 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 33 days before the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
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Financials · fiscal year 2024, micro schema
Equity
€143,475▲ 51.8%
2023 · €94,498
Total assets
€196,365▲ 66.6%
2023 · €117,833
Net result
€63,978▲ 238%
2023 · €18,944
Working capital
€110,897▲ 96.6%
2023 · €56,420
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result€52,837-€45,395▼ 14.1%€27,921▼ 38.5%€82,807▲ 197%
Net result€37,818above the sector's middle half-€31,735within the sector's middle half▼ 16.1%€18,944within the sector's middle half▼ 40.3%€63,978above the sector's middle half▲ 238%
Equity€43,818within the sector's middle half-€75,553within the sector's middle half▲ 72.4%€94,498within the sector's middle half▲ 25.1%€143,475above the sector's middle half▲ 51.8%
Total assets€72,148within the sector's middle half-€129,417within the sector's middle half▲ 79.4%€117,833within the sector's middle half▼ 9.0%€196,365within the sector's middle half▲ 66.6%
Debt€28,330-€53,864▲ 90.1%€23,335▼ 56.7%€52,890▲ 127%
Working capital€37,994within the sector's middle half-€70,245within the sector's middle half▲ 84.9%€56,420within the sector's middle half▼ 19.7%€110,897above the sector's middle half▲ 96.6%
Solvency60.7%within the sector's middle half-58.4%within the sector's middle half▼ 2.4pp80.2%above the sector's middle half▲ 21.8pp73.1%above the sector's middle half▼ 7.1pp
Current ratio2.34within the sector's middle half-2.30within the sector's middle half▼ 0.043.42above the sector's middle half▲ 1.113.10within the sector's middle half▼ 0.32
Return on assets (ROA)52.4%above the sector's middle half-24.5%above the sector's middle half▼ 27.9pp16.1%within the sector's middle half▼ 8.4pp32.6%above the sector's middle half▲ 16.5pp
Staff (FTE)0.31▲ 233%
above
within
below
the middle half (P25 to P75) of NACE 33, Repair, maintenance and installation of machinery and equipment, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 197% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €196,365
Fixed assets
€32,578 ▼ 14.4%
Current assets
€163,787 ▲ 105%
Equity and liabilities €196,365
Equity
€143,475 ▲ 51.8%
Debt
€52,890 ▲ 127%
Debt's share of the balance-sheet total rises from 19.8% to 26.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€92,365▲
2023 · €33,404
Cash flow
€73,536▲
2023 · €24,427
Debt to equity
0.37▲
2023 · 0.25
ROE
44.6%▲
2023 · 20.0%
Interest coverage
508.87▲
2023 · -10880.70
Debt ≤ 1 year
€52,890▲
2023 · €23,335
Income taxes
€18,944▲
2023 · €9,025
Staff costs
€65,371▲
2023 · €20,935
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,970 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.5%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 1.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 26,970 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
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €20,935 | €65,371 | ▲ 212% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €918 | €1,761 | €5,483 | €9,558 | ▲ 74.3% |
| Other operating charges640/8 | €101 | €346 | €867 | €712 | ▼ 17.8% |
| Gross operating margin9900 | €53,856 | €47,502 | €55,206 | €158,448 | ▲ 187% |
| Operating profit (loss)9901 | €52,837 | €45,395 | €27,921 | €82,807 | ▲ 197% |
| Financial income75/76B | €6 | €1 | €45 | €296 | ▲ 555% |
| Recurring financial income75 | €6 | €1 | €45 | €296 | ▲ 555% |
| Financial charges65/66B | €58 | €349 | -€3 | €182 | ▲ 6,012% |
| Recurring financial charges65 | €58 | €349 | -€3 | €182 | ▲ 6,012% |
| Profit (loss) for the period before taxes9903 | €52,785 | €45,047 | €27,969 | €82,921 | ▲ 196% |
| Income taxes67/77 | €14,967 | €13,312 | €9,025 | €18,944 | ▲ 110% |
| Profit (loss) for the period9904 | €37,818 | €31,735 | €18,944 | €63,978 | ▲ 238% |
| Profit (loss) for the period to be appropriated9905 | €37,818 | €31,735 | €18,944 | €63,978 | ▲ 238% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €72,148 | €129,417 | €117,833 | €196,365 | ▲ 66.6% |
| Fixed assets21/28 | €5,825 | €5,309 | €38,078 | €32,578 | ▼ 14.4% |
| Tangible fixed assets22/27 | €5,825 | €5,309 | €38,078 | €32,578 | ▼ 14.4% |
| Plant, machinery and equipment23 | €2,131 | €2,677 | €1,956 | €3,648 | ▲ 86.5% |
| Furniture and vehicles24 | €3,693 | €2,632 | €36,122 | €28,930 | ▼ 19.9% |
| Current assets29/58 | €66,324 | €124,109 | €79,755 | €163,787 | ▲ 105% |
| Amounts receivable within one year40/41 | €19,397 | €21,139 | €12,476 | €50,446 | ▲ 304% |
| Trade receivables40 | €19,397 | €21,139 | €11,902 | €50,446 | ▲ 324% |
| Other amounts receivable41 | - | - | €575 | €0 | ▼ 100% |
| Cash at bank and in hand54/58 | €44,257 | €99,727 | €61,585 | €106,878 | ▲ 73.5% |
| Deferred charges and accrued income490/1 | €2,669 | €3,242 | €5,693 | €6,463 | ▲ 13.5% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €72,148 | €129,417 | €117,833 | €196,365 | ▲ 66.6% |
| Equity10/15 | €43,818 | €75,553 | €94,498 | €143,475 | ▲ 51.8% |
| Contributions10/11 | €6,000 | €6,000 | €6,000 | €6,000 | = |
| Reserves13 | €37,818 | €69,553 | €88,498 | €137,475 | ▲ 55.3% |
| Distributable reserves133 | €37,818 | €69,553 | €88,498 | €137,475 | ▲ 55.3% |
| Profit (loss) carried forward14 | - | - | - | €0 | - |
| Amounts payable17/49 | €28,330 | €53,864 | €23,335 | €52,890 | ▲ 127% |
| Amounts payable within one year42/48 | €28,330 | €53,864 | €23,335 | €52,890 | ▲ 127% |
| Trade debts44 | €2,473 | €6,155 | €4,097 | €7,215 | ▲ 76.1% |
| Suppliers440/4 | €2,473 | €6,155 | €4,097 | €7,215 | ▲ 76.1% |
| Advances received on contracts in progress46 | €173 | €0 | - | - | - |
| Taxes, remuneration and social security45 | €23,590 | €46,462 | €19,238 | €28,990 | ▲ 50.7% |
| Taxes450/3 | €23,590 | €43,432 | €11,104 | €20,384 | ▲ 83.6% |
| Remuneration and social security454/9 | - | €3,030 | €8,133 | €8,607 | ▲ 5.8% |
| Other amounts payable47/48 | €2,094 | €1,247 | €0 | €16,684 | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,818 | €31,735 | €18,944 | €63,978 | ▲ 238% |
| + Depreciation and write-downs630 | €918 | €1,761 | €5,483 | €9,558 | ▲ 74.3% |
| Operating cash flow (approximation) | €38,736 | €33,496 | €24,427 | €73,536 | ▲ 201% |
| Investment in fixed assets (approximation) | - | -€1,245 | -€38,252 | -€4,058 | ▲ 89.4% |
| Change in cash | - | €55,470 | -€38,142 | €45,293 | ▲ 219% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €63,978 ▲238%
Operating result €82,807, net result €63,978, both a record.
31-12
Financial
Equity above €100,000Eq €143,475 ▲51.8%
4 profitable years in a row build equity to €143,475.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €18,944 ▼40.3%
Net result drops to €18,944, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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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, Antwerpen · 1 establishment unit since 2021
Ground area
186 m²
Building footprint
98 m²
Volume, LiDAR
835 m³
Parcel 11463D0367/00K003, Flanders · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Boontech
since 20212.309.864.265
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11463D0367/00K003 | Flanders | 186 m² | 1 · 98 m² | 10.1 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.309.864.265
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Of 1,226 companies in sector 33200 we hold annual accounts for 679. 533 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded07-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
33120Repair and maintenance of machinery
33200Installation of industrial machinery and equipment
25110Manufacture of metal structures and parts of structures
56210Event catering
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID
0208:0756541897
Registered
15-12-2025
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.