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Complete company report
Generated 28-07-2026
Active BE 0457.831.288Public limited company

BOSFIN

Vergoteplein 19 ·1200 Sint-Lambrechts-Woluwe, Belgium· 30 yrs active
Conclusion Checked

The computed 12-month bankruptcy probability of BOSFIN is 0.9% (low). The 2025 annual accounts show equity of €86.71M and a net result of €-30.20M. Equity is shrinking by ~10.3% per year across the filed fiscal years. The company has been active since 1996 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 7 annual accounts.
Key figures
Equity €86.71M
Net result €-30.20M
Active 30 yrs
Board 4
Snowflake analysis 5 axes · computed by Checked
Health62Profitability0Solvency100Growth32Stability100
59 / 100

Mixed profile: strong on solvency, weaker on profitability.

Health 62
Profitability 0
Solvency 100
Growth 32
Stability 100
Bankruptcy probability (12 mo) Checked model v1 · free
0.9% Low
0%0,5%1,5%4%10%≥25%
No NACE activity registered +Higher-failure-rate region +Long track record −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
Long-established
Founded in 1996, 30 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2025 · computed
62 / 100 Healthy
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview10 NBB filings
Annual accounts filed on 27-01-2026 with the NBB · fiscal year 2025 · volledig
€-50.00M€0€50.00M€100.00MOperating result 2021: €-19k€-19kNet result 2021: €116.80M€116.80MOperating result 2022: €-174k€-174kNet result 2022: €-8.48M€-8.48MOperating result 2023: €-1.20M€-1.20MNet result 2023: €-4.12M€-4.12MOperating result 2024: €-95k€-95kNet result 2024: €-1.37M€-1.37MOperating result 2025: €-127k€-127kNet result 2025: €-30.20M€-30.20M20212022202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining Equity: declining trend of ~10.3%/year over 7 fiscal years, indicative, assuming unchanged policy.
€0€50.00M€100.00M€150.00M2026: €88.42M (€68.42M - €108.42M)2027: €79.30M (€47.29M - €111.30M)2028: €71.12M (€27.11M - €115.12M)2019: €166.67M2020: €169.95M2021: €163.52M2022: €155.04M2023: €118.28M2024: €116.91M2025: €86.71M2019202020212022202320242025202620272028
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Net profit
€-30.20M
-2100.8% 19-25
Total assets
€87.71M
-25.6% 19-25
Equity
€86.71M
-25.8% 19-25
Working capital
€59.18M
-14.6% 19-25
Income taxes
€108k
-5.1% 19-25
Dividends
€32.64M
- 19-25
Debt
€995k
-3.1% 19-25
Debt ≤ 1y
€995k
-3.1% 19-25
Current ratio
60.49
-11.7% 19-25
Quick ratio
60.49
-11.7% 19-25
Solvency
98.9%
-0.3% 19-25
Debt / equity
0.01
+30.6% 19-25
ROE
-34.8%
-2867.2% 19-25
ROA
-34.4%
-2859.3% 19-25
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA-
Net profit€-30.20M
Cash flow-
Staff costs-
Income taxes€108k
Dividends-
Total assets€87.71M
Equity€86.71M
Debt€995k
of which ≤ 1y€995k
of which > 1y-
Working capital€59.18M
Employees (FTE)-
Ratios (computed)
2025
Current ratio60.49
Quick ratio60.49
Working capital ratio67.5%
Solvency98.9%
Debt / equity0.01
Long-term debt ratio-
Interest coverage-
Gross margin-
Net margin-
ROA-34.4%
ROE-34.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€87.71M
Fixed assets 21/28€27.53M
Financial fixed assets 28€27.53M
Current assets 29/58€60.18M
Amounts receivable within one year 40/41€2.51M
Investments 50/53€53.76M
Cash & bank 54/58€3.91M
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€87.71M
Equity 10/15€86.71M
Contributions / capital 10/11€1.57M
Reserves 13€45.15M
Accumulated profits (losses) 14€39.99M
Amounts payable 17/49€995k
Amounts payable within one year 42/48€995k
Income statement
Gross operating margin 9900€-58k
Operating result 9901€-127k
Financial income 75€1.23M
Financial charges 65€1.29M
Result before taxes 9903€-30.09M
Income taxes 67/77€108k
Net result for the period 9904€-30.20M
Result to be appropriated 9905€-30.20M
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.
Directors & mandates 6 directors
Current directors & mandates
  • Françcois DETANDT
    Director
    State Gazette act 22035476 (16-03-2022)
    Current
    16-03-2022 → present
  • Christos KOUPIS
    Director
    State Gazette act 22035476 (16-03-2022)
    Current
    20-01-2020 → present
    2 events
    • 16-03-2022 Appointed· Director
    • 20-01-2020 Mandate renewed· Director
  • François Detandt
    Director
    State Gazette act 25164746 (31-12-2025)
    Current
    20-01-2020 → present
    3 events
    • 31-12-2025 Mandate renewed· Director
    • 31-12-2025 Mandate renewed· Managing director
    • 20-01-2020 Appointed· Director
  • Christos Koupis Nikolaos
    Director
    State Gazette act 25164746 (31-12-2025)
    Current
    10-12-2013 → present
    3 events
    • 31-12-2025 Mandate renewed· Director
    • 31-12-2025 Mandate renewed· Managing director
    • 10-12-2013 Mandate renewed· Director
Historic, not recently confirmed (1)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
  • PAX AFFAIRES - IMMOBILIERE PAXLegal entity
    Director· perm. rep.: François Detandt
    State Gazette act 13184186 (10-12-2013)
    Not recently confirmed
    last confirmed in an act from 2013
Former directors (1)
  • SA Pax Affaires SALegal entity
    Director· perm. rep.: Francois DETANDT
    State Gazette act 20010826 (20-01-2020)
    Former
    - → 20-01-2020
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.
Legal Structure
NACE primary -
Legal form Public limited company(014)
Incorporation24-04-1996
StatusActive
Postal code1200
Connections & network 5 connected companies
Group structure
PAX AFFAIRES - IMMOBILIERE PAX
Parent · 4 subsidiaries · 2 locations
Control→
Linked via shared directors
former→
Network connections
FIWEP
Shared corporate director
→
FLORALICE
Shared corporate director
→
OAKS ESTATE
Shared corporate director
→
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.
Establishment units 1 location
BOSFIN
Vergoteplein 19, 1200 Sint-Lambrechts-WoluweVerhuur van woningen, exclusief sociale woningen
since 19962.076.574.218
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Brussels 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
21673D0155/00E002 Brussels 256 m² 1 · 113 m² 19.4 m · 5 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 15 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
27-01-2026
NBB filing Annual accounts filed
fiscal year 2025 · volledig
2025
31-12-2025
State Gazette act Director changes
v3.2
29-01-2025
NBB filing Annual accounts filed
fiscal year 2024 · volledig
2024
28-01-2024
NBB filing Annual accounts filed
fiscal year 2023 · volledig
18-01-2024
State Gazette act Statutes amendment
v3.2
2023
23-01-2023
NBB filing Annual accounts filed
fiscal year 2022 · volledig
2022
16-03-2022
State Gazette act Director changes
v3.2
19-01-2022
NBB filing Annual accounts filed
fiscal year 2021 · volledig
2021
12-01-2021
NBB filing Annual accounts filed
fiscal year 2020 · volledig
2020
20-01-2020
State Gazette act Director changes
v3.2
2019
25-10-2019
NBB filing Annual accounts filed
fiscal year 2019 · volledig
2018
30-10-2018
NBB filing Annual accounts filed
fiscal year 2018 · volledig
2017
06-11-2017
NBB filing Annual accounts filed
fiscal year 2017 · volledig
2016
16-12-2016
NBB filing Annual accounts filed
fiscal year 2016 · volledig
2013
10-12-2013
State Gazette act Director changes
v3.2
Belgisch Staatsblad, acts 5 acts
All acts · 5 updated 6 months ago
2025
31-12-2025 4 reappointed Director changes
  • Christos Koupis Nikolaos, Bestuurder
  • François Detandt, Bestuurder
  • Christos Koupis Nikolaos, Gedelegeerd bestuurder
  • François Detandt, Gedelegeerd bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Christos Koupis Nikolaos",
        "address": null,
        "birth_date": null
      },
      "evidence_quote": "L\u0027Assembl\u00E9e d\u00E9cide de renouveler le mandat de l\u0027Administrateur suivant jusqu\u0027\u00E0 l\u0027Assembl\u00E9e G\u00E9n\u00E9rale de 2030: Monsieur Christos Koupis Nikolaos"
    },
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Fran\u00E7ois Detandt",
        "address": null,
        "birth_date": null
      },
      "evidence_quote": "L\u0027Assembl\u00E9e d\u00E9cide de renouveler le mandat de l\u0027Administrateur suivant jusqu\u0027\u00E0 l\u0027Assembl\u00E9e G\u00E9n\u00E9rale de 2030: Monsieur Fran\u00E7ois Detandt"
    },
    {
      "kind": "director_renew",
      "role": "gedelegeerd_bestuurder",
      "person": {
        "rrn": null,
        "name": "Christos Koupis Nikolaos",
        "address": null,
        "birth_date": null
      },
      "evidence_quote": "Le Conseil d\u0027Administration d\u00E9cide de renouveler le mandat d\u0027Administrateur D\u00E9l\u00E9gu\u00E9 de Messieurs CHRISTOS KOUPIS et Fran\u00E7ois Detandt, jusqu\u0027\u00E0 l\u0027Assembl\u00E9e G\u00E9n\u00E9rale de 2030"
    },
    {
      "kind": "director_renew",
      "role": "gedelegeerd_bestuurder",
      "person": {
        "rrn": null,
        "name": "Fran\u00E7ois Detandt",
        "address": null,
        "birth_date": null
      },
      "evidence_quote": "Le Conseil d\u0027Administration d\u00E9cide de renouveler le mandat d\u0027Administrateur D\u00E9l\u00E9gu\u00E9 de Messieurs CHRISTOS KOUPIS et Fran\u00E7ois Detandt, jusqu\u0027\u00E0 l\u0027Assembl\u00E9e G\u00E9n\u00E9rale de 2030"
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0457.831.288",
    "name_full": "BOSFIN",
    "legal_form": "SA"
  }
}
2024
18-01-2024 Articles of association amended Statutes amendment
Summary: v3.2
Technical details 
{
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "statute_change": {
    "name_change": false,
    "seat_change": false,
    "object_change": false,
    "effective_date": "2023-12-28",
    "legal_form_change": false
  },
  "bedrijfsrevisor": null,
  "subject_company": {
    "kbo": "0457.831.288",
    "name_full": "BOSFIN",
    "legal_form": "SA"
  },
  "signature_regime": "joint_two",
  "special_mandates": [],
  "governance_change": {
    "admin_delegated_added": []
  }
}
2022
16-03-2022 2 directors appointed Director changes
  • Christos KOUPIS, Bestuurder
  • Françcois DETANDT, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Christos KOUPIS",
        "address": null,
        "birth_date": null
      },
      "evidence_quote": "Le conseil d\u00E9cide de nommer deux Administrateurs D\u00E9l\u00E9gu\u00E9s, \u00E0 savoir : Monsieur Christos KOUPIS"
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Fran\u00E7cois DETANDT",
        "address": null,
        "birth_date": null
      },
      "evidence_quote": "Monsieur Fran\u00E7cois DETANDT jusqu\u0027\u00E0 l\u0027Assembl\u00E9e G\u00E9n\u00E9rale de 2025."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0457.831.288",
    "name_full": "BOSFIN",
    "legal_form": "SA"
  }
}
2020
20-01-2020 1 director appointed, 1 resigning, 1 reappointed Director changes
  • François DETANDT, Bestuurder
  • Francois DETANDT, Bestuurder
  • Christos KOUPIS, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_out",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Francois DETANDT",
        "address": null,
        "birth_date": null
      },
      "via_org": {
        "kbo": null,
        "name": "PAX AFFAIRES SA",
        "address": null,
        "country": null,
        "legal_form": null
      },
      "evidence_quote": "PAX AFFAIRES SA a souhait\u00E9 ne pas renouveler son mandat. L\u0027assembl\u00E9e la remercie pour sa contribution \u00E0 la gestion de la soci\u00E9t\u00E9.",
      "discharge_granted": true
    },
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Christos KOUPIS",
        "address": null,
        "birth_date": null
      },
      "evidence_quote": "L\u0027assembl\u00E9e d\u00E9cide de renouveler le mandat de l\u0027administrateur Christos KOUPIS jusqu\u0027\u00E0 l\u0027assembl\u00E9e de 2025."
    },
    {
      "kind": "director_in",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Fran\u00E7ois DETANDT",
        "address": null,
        "birth_date": null
      },
      "evidence_quote": "D\u0027autre part, l\u0027assembl\u00E9e nomme \u00E9galement comme administrateur Monsieur Fran\u00E7ois DETANDT jusqu\u0027\u00E0 l\u0027assembl\u00E9e de 2025"
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0457.831.288",
    "name_full": "BOSFIN",
    "legal_form": "SA"
  }
}
2013
10-12-2013 2 reappointed Director changes
  • François Detandt, Bestuurder
  • Christos Nikolaos Koupis, Bestuurder
Summary: v3.2
Technical details 
{
  "events": [
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Fran\u00E7ois Detandt",
        "address": null,
        "birth_date": null
      },
      "via_org": {
        "kbo": "0444671061",
        "name": "PAX AFFAIRES SA",
        "address": null,
        "country": null,
        "legal_form": null
      },
      "evidence_quote": "L Assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de renouveler le mandat de Monsieur Christos Koupis et de la SA Pax Affaires jusqu\u0027\u00E0 l\u0027Assembl\u00E9e g\u00E9n\u00E9rale de 2019."
    },
    {
      "kind": "director_renew",
      "role": "bestuurder",
      "person": {
        "rrn": null,
        "name": "Christos Nikolaos Koupis",
        "address": null,
        "birth_date": null
      },
      "evidence_quote": "L Assembl\u00E9e g\u00E9n\u00E9rale d\u00E9cide de renouveler le mandat de Monsieur Christos Koupis et de la SA Pax Affaires jusqu\u0027\u00E0 l\u0027Assembl\u00E9e g\u00E9n\u00E9rale de 2019."
    }
  ],
  "schema": "v3.2",
  "act_meta": {
    "model_id": 36,
    "extractor": "constrained-core-35b"
  },
  "subject_company": {
    "kbo": "0457.831.288",
    "name_full": "BOSFIN",
    "legal_form": "SA"
  }
}
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Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameFR BOSFIN
Registered office
Vergoteplein 19
1200 Sint-Lambrechts-Woluwe, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative