Botko
ActiveBotko has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €243k and a net result of €9k. Equity is growing by ~12.7% per year across the filed fiscal years. Its solvency ranks better than 25% of 473 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability19▼-3
Solvency32▼-8
Growth52=
Stability100
Bankruptcy probability, 12 months
1.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity tight (current ratio 1.35 against 1.53 in 2024), and 80.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
19.9%
Return on assets
0.8%
Age of the figures
8 mo
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 30-07-2026, 1 day ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
1 d early
2024
29 d late
2023
28 d late
2022
on the day
2021
26 d late
2020
30 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€243k▲ 4.0%
2024 · €234k
2020: €68k
2021: €150k
2022: €218k
2023: €224k
2024: €234k
2020 → 2025
Total assets
€1.22M▲ 11.7%
2024 · €1.09M
2020: €205k
2021: €452k
2022: €448k
2023: €997k
2024: €1.09M
2020 → 2025
Net result
€9k▼ 9.5%
2024 · €10k
2020: €66k
2021: €82k
2022: €68k
2023: €5k
2024: €10k
2020 → 2025
Working capital
€290k▼ 14.1%
2024 · €338k
2020: €48k
2021: €114k
2022: €128k
2023: €136k
2024: €338k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€150k-€218k▲ 45.7%€224k▲ 2.4%€234k▲ 4.6%€243k▲ 4.0%
Operating result€103k-€91k▼ 11.7%€16k▼ 82.2%€37k▲ 124%€38k▲ 5.1%
Net result€82k-€68k▼ 16.3%€5k▼ 92.3%€10k▲ 96.4%€9k▼ 9.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 5% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.22M
Fixed assets
€110k▼ 3.7%
Current assets
€1.11M▲ 13.5%
Equity and liabilities €1.22M
Equity
€243k▲ 4.0%
Debt
€977k▲ 13.8%
The debt ratio rises from 78.6% to 80.1%: debt grows faster than equity.
Key figures and ratios
EBITDA
€62k▲
2024 · €58k
Cash flow
€33k▲
2024 · €32k
Solvency
19.9%▼
2024 · 21.4%
Current ratio
1.35▼
2024 · 1.53
Quick ratio
0.83▼
2024 · 0.88
Debt / equity
4.01▲
2024 · 3.67
ROE
3.8%▼
2024 · 4.4%
ROA
0.8%▼
2024 · 0.9%
Interest coverage
2.23▲
2024 · 2.01
Debt
€977k▲
2024 · €858k
Debt ≤ 1 year
€819k▲
2024 · €640k
Debt > 1 year
€157k▼
2024 · €219k
Income taxes
€1k▼
2024 · €1k
Staff costs
€529k▲
2024 · €444k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.09M€1.22M▲
Fixed assets21/28€115k€110k▼
Intangible fixed assets21€4k€1k▼
Tangible fixed assets22/27€87k€85k▼
Plant, machinery and equipment23€43k€41k▼
Furniture and vehicles24€44k€44k▼
Financial fixed assets28€24k€24k=
Current assets29/58€978k€1.11M▲
Stocks and contracts in progress3€413k€432k▲
Stocks30/36€145k€120k▼
Contracts in progress37€269k€312k▲
Amounts receivable within one year40/41€332k€494k▲
Trade receivables40€217k€358k▲
Other amounts receivable41€115k€136k▲
Cash at bank and in hand54/58€138k€34k▼
Deferred charges and accrued income490/1€94k€149k▲
Equity and liabilities
Total equity and liabilities10/49€1.09M€1.22M▲
Equity10/15€234k€243k▲
Contributions10/11€2k€2k=
Reserves13€232k€241k▲
Distributable reserves133€232k€241k▲
Amounts payable17/49€858k€977k▲
Amounts payable after more than one year17€219k€157k▼
Financial debts170/4€219k€157k▼
Amounts payable within one year42/48€640k€819k▲
Current portion of amounts payable after more than one year42€36k€72k▲
Financial debts43€300k€300k=
Credit institutions430/8€300k€300k=
Trade debts44€233k€372k▲
Suppliers440/4€233k€372k▲
Taxes, remuneration and social security45€64k€70k▲
Taxes450/3€7k€799▼
Remuneration and social security454/9€58k€69k▲
Other amounts payable47/48€6k€6k▲
Accrued charges and deferred income492/3-€390
Income statement
Code20242025
Non-recurring operating income76A€0-
Remuneration, social security and pensions62€444k€529k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€22k€24k▲
Other operating charges640/8€2k€2k▼
Non-recurring operating charges66A€0-
Gross operating margin9900€504k€593k▲
Operating profit (loss)9901€37k€38k▲
Financial income75/76B€4k€52▼
Recurring financial income75€4k€52▼
Financial charges65/66B€29k€28k▼
Recurring financial charges65€29k€28k▼
Profit (loss) for the period before taxes9903€12k€10k▼
Income taxes67/77€1k€1k▼
Profit (loss) for the period9904€10k€9k▼
Profit (loss) for the period to be appropriated9905€10k€9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€10k€9k▼
Transfer to equity691/2€10k€9k▼
To other reserves6921€10k€9k▼
Social balance
Average headcount (FTE)90877.88.5▲
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
28-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 28 days late
2023
31-12
Financial
Weakest financial yearnet €5k ▼92.3%
Net result drops to €5k, the lowest in the series; recovery starts the following year.
31-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €218k ▲45.7%
3 profitable years in a row build equity to €218k.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Highest result since 2020net €82k ▲23.7%
Operating result €103k, net result €82k, both a record.
31-12
Financial
Equity above €100kEq €150k ▲120%
2 profitable years in a row build equity to €150k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 directors, no change since 2026
BV EDER
CurrentDirector · since 01-01-2026 · Legal entity
01-01-2026
BV EDER: Appointed as Director
01-01-2026
Emile Derache: Resigned as Director
Location & real-estate footprint
Registered office, Lubbeek · 1 establishment unit since 2019
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.
Endepoelstraat(LUB) 3A3210 LubbeekGround area
4,976 m²
Building footprint
2,817 m²
Volume, LiDAR
11,677 m³
Parcel 24063B0182/00F005, Flanders · tallest building 16.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BOTKO
since 20192.289.800.212
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24063B0182/00F005 | Flanders | 4,976 m² | 1 · 2,817 m² | 16.0 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel 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
2022 to 2025 · 13 entries · 861,055 EUR awarded · 504,594 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 6 | 419,798 EUR | 171,425 EUR |
| 2024 | 3 | 26,358 EUR | 329,558 EUR |
| 2023 | 3 | 414,617 EUR | 3,329 EUR |
| 2022 | 1 | 282 EUR | 282 EUR |
Schemes
Ontwikkelingsproject
Kmo-groeisubsidie: steun voor groeitrajecten bij kmo's (stopgezet)
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 1,221 companies in sector 33200 we hold annual accounts for 675. 500 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded17-05-2019
Fiscal year end31-12
Activities, NACEBEL
33200Installation of industrial machinery and equipment
71121Engineering and related technical consultancy, excluding land surveyors
28220Manufacture of machinery and equipment not elsewhere classified
28990Manufacture of machinery and equipment not elsewhere classified
62010Computer programming, consultancy and related activities
62020IT consultancy
62900Other information technology and computer services
62100Computer programming
62200Computer consultancy and computer facilities management
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
85599Other education
85699Other educational support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.