BOSAR
ActiveSummary
BOSAR has been active since 2004 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2025 annual accounts show negative equity (-€176,826) and a net result of €24,020. Equity is shrinking by ~3.9% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.1% (low).
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Signals
This company filed its last 7 accounts on average 382 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2025, abbreviated schema
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Peer companies
Historical observationOf the 3,795 companies that looked in July 2024 the way this one looks now, 2.7% went bankrupt within 24 months and 92% are still going.
- Micro
- 20 years or older
- negative equity
- a profit of 5% of the balance sheet or more
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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% 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 3,795 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.
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | €5,556 | €8,759 | €6,907 | €4,392 | ▼ 36.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €52,815 | €50,435 | €50,435 | €44,923 | €44,923 | = |
| Other operating charges640/8 | - | €7,282 | €7,460 | €8,175 | €8,507 | ▲ 4.1% |
| Gross operating margin9900 | €11,222 | €28,044 | €24,841 | €26,693 | €29,207 | ▲ 9.4% |
| Operating profit (loss)9901 | -€42,156 | -€29,673 | -€33,054 | -€26,405 | -€24,223 | ▲ 8.3% |
| Financial income75/76B | - | - | - | - | €50,118 | - |
| Recurring financial income75 | - | - | - | - | €50,118 | - |
| Non-recurring financial income76B | - | - | - | - | €50,118 | - |
| Financial charges65/66B | - | €3,595 | €3,019 | €2,451 | €1,875 | ▼ 23.5% |
| Recurring financial charges65 | €10,647 | €3,595 | €3,019 | €2,451 | €1,875 | ▼ 23.5% |
| Profit (loss) for the period before taxes9903 | -€52,803 | -€33,268 | -€36,073 | -€28,856 | €24,020 | ▲ 183% |
| Profit (loss) for the period9904 | -€52,803 | -€33,268 | -€36,073 | -€28,856 | €24,020 | ▲ 183% |
| Profit (loss) for the period to be appropriated9905 | -€52,803 | -€33,268 | -€36,073 | -€28,856 | €24,020 | ▲ 183% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €972,327 | €576,423 | €524,672 | €479,686 | €434,752 | ▼ 9.4% |
| Fixed assets21/28 | €971,555 | €574,960 | €524,525 | €479,603 | €434,680 | ▼ 9.4% |
| Tangible fixed assets22/27 | €921,555 | €574,960 | €524,525 | €479,603 | €434,680 | ▼ 9.4% |
| Land and buildings22 | - | €574,960 | €524,525 | €479,603 | €434,680 | ▼ 9.4% |
| Financial fixed assets28 | €50,000 | - | - | - | - | - |
| Current assets29/58 | €772 | €1,463 | €147 | €83 | €72 | ▼ 13.3% |
| Current investments50/53 | - | - | - | - | €72 | - |
| Cash at bank and in hand54/58 | €772 | €1,463 | €147 | €83 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €972,327 | €576,423 | €524,672 | €479,686 | €434,752 | ▼ 9.4% |
| Equity10/15 | -€188,936 | -€135,918 | -€171,991 | -€200,846 | -€176,826 | ▲ 12.0% |
| Contributions10/11 | €25,000 | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Capital10 | - | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Issued capital100 | - | €25,000 | €25,000 | €25,000 | €25,000 | = |
| Profit (loss) carried forward14 | -€213,936 | -€160,918 | -€196,991 | -€225,846 | -€201,826 | ▲ 10.6% |
| Amounts payable17/49 | €1.2m | €712,341 | €696,663 | €680,532 | €611,578 | ▼ 10.1% |
| Amounts payable after more than one year17 | €298,172 | €59,999 | €46,665 | €33,332 | €19,999 | ▼ 40.0% |
| Financial debts170/4 | - | €59,999 | €46,665 | €33,332 | €19,999 | ▼ 40.0% |
| Amounts payable within one year42/48 | €863,091 | €652,342 | €649,998 | €647,200 | €591,579 | ▼ 8.6% |
| Current portion of amounts payable after more than one year42 | - | €13,333 | €13,333 | €13,334 | €13,333 | = |
| Other amounts payable47/48 | - | €639,009 | €636,665 | €633,866 | €578,246 | ▼ 8.8% |
| Line | 2020 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€52,803 | -€33,268 | -€36,073 | -€28,856 | €24,020 | ▲ 183% |
| + Depreciation and write-downs630 | €52,815 | €50,435 | €50,435 | €44,923 | €44,923 | = |
| Operating cash flow (approximation) | €12 | €17,167 | €14,362 | €16,067 | €68,943 | ▲ 329% |
| Investment in fixed assets (approximation) | - | - | €0 | -€1 | €0 | ▲ 100% |
| Change in cash | - | - | -€1,316 | -€64 | - | - |
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
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.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38342H0325/00E000 | Flanders | 625 m² | 1 · 291 m² | 8.7 m · 1 fl. |
Linked by address, not proof of ownership
Identification & contact
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.