Botraco
ActiveSummary
The computed 12-month bankruptcy probability of Botraco is 3.5% (moderate). The 2025 annual accounts show equity of €28,397 and a net result of -€14,779. Its solvency ranks better than 19% of 4695 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability65▼-17
Solvency31▼-8
Growth32
Track record82
Bankruptcy probability, 12 months
3.5%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.43 against 0.49 in 2024; short-term debt: 52.9% and cash: 6.3% of total assets), and 94.4% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
5.6%
Return on assets
-2.9%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 4695 sector peers (2025).
NBB · sector comparisonPosition among 4695 sector peers
Solvency
better than 19%
← weakest
strongest →
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 22-07-2026, 9 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
9 d early
2024
25 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 8 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 49% of the sector filed late.
Checked, nothing found (2)
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
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€28,397▼ 34.2%
2024 · €43,176
Total assets
€511,573▲ 60.6%
2024 · €318,509
Net result
-€14,779
2024 · €33,176
Working capital
-€155,361▼ 78.3%
2024 · -€87,125
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20242025
Operating result€48,989--€4,235
Net result€33,176--€14,779
Equity€43,176-€28,397▼ 34.2%
Total assets€318,509-€511,573▲ 60.6%
Debt€275,333-€483,176▲ 75.5%
Working capital-€87,125--€155,361▼ 78.3%
Staff (FTE)0.3
Turnover and EBIT margin not published: the micro schema does not require them.
Why a figure moved sharply
- 2025 Total assets +61% on 2024. Cause not known from the registers.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €4,235 after €48,989 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €511,573
Fixed assets
€396,133 ▲ 67.8%
Current assets
€115,441 ▲ 40.1%
Equity and liabilities €511,573
Equity
€28,397 ▼ 34.2%
Debt
€483,176 ▲ 75.5%
Debt's share of the balance-sheet total rises from 86.4% to 94.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€77,979▼
2024 · €98,168
Cash flow
€67,435▼
2024 · €82,355
Current ratio
0.43▼
2024 · 0.49
Debt to equity
17.01▲
2024 · 6.38
ROE
-52.0%▼
2024 · 76.8%
ROA
-2.9%▼
2024 · 10.4%
Interest coverage
7.36▼
2024 · 15.37
Debt ≤ 1 year
€270,801▲
2024 · €169,542
Debt > 1 year
€212,375▲
2024 · €105,791
Income taxes
€0▼
2024 · €9,511
Staff costs
€28,237▲
2024 · €4,817
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,304 companies that looked in July 2024 the way this one looks now, 5.2% went bankrupt within 24 months and 92% are still going.
- Micro
- 2 to 5 years old
- solvency under 10%
- a small loss
5.2%
went bankrupt
1.6%
stopped otherwise
92%
still going
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 3.5% 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 497,058 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% | 1.6% |
| 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 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 1,304 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 | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | €4,817 | €28,237 | ▲ 486% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €49,179 | €82,214 | ▲ 67.2% |
| Other operating charges640/8 | €34,748 | €4,437 | ▼ 87.2% |
| Gross operating margin9900 | €137,733 | €110,653 | ▼ 19.7% |
| Operating profit (loss)9901 | €48,989 | -€4,235 | ▼ 109% |
| Financial income75/76B | €83 | €52 | ▼ 37.6% |
| Recurring financial income75 | €83 | €52 | ▼ 37.6% |
| Financial charges65/66B | €6,385 | €10,595 | ▲ 65.9% |
| Recurring financial charges65 | €6,385 | €10,595 | ▲ 65.9% |
| Profit (loss) for the period before taxes9903 | €42,687 | -€14,779 | ▼ 135% |
| Income taxes67/77 | €9,511 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €33,176 | -€14,779 | ▼ 145% |
| Profit (loss) for the period to be appropriated9905 | €33,176 | -€14,779 | ▼ 145% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €318,509 | €511,573 | ▲ 60.6% |
| Fixed assets21/28 | €236,092 | €396,133 | ▲ 67.8% |
| Tangible fixed assets22/27 | €236,092 | €394,133 | ▲ 66.9% |
| Plant, machinery and equipment23 | - | €1,103 | - |
| Furniture and vehicles24 | €103,457 | €153,236 | ▲ 48.1% |
| Leasing and similar rights25 | €132,635 | €239,793 | ▲ 80.8% |
| Financial fixed assets28 | - | €2,000 | - |
| Current assets29/58 | €82,417 | €115,441 | ▲ 40.1% |
| Amounts receivable within one year40/41 | €46,020 | €43,042 | ▼ 6.5% |
| Trade receivables40 | €46,020 | €41,629 | ▼ 9.5% |
| Other amounts receivable41 | - | €1,414 | - |
| Cash at bank and in hand54/58 | €22,949 | €32,260 | ▲ 40.6% |
| Deferred charges and accrued income490/1 | €13,448 | €40,138 | ▲ 198% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €318,509 | €511,573 | ▲ 60.6% |
| Equity10/15 | €43,176 | €28,397 | ▼ 34.2% |
| Contributions10/11 | €10,000 | €10,000 | = |
| Reserves13 | €33,176 | €33,176 | = |
| Distributable reserves133 | €33,176 | €33,176 | = |
| Profit (loss) carried forward14 | - | -€14,779 | - |
| Amounts payable17/49 | €275,333 | €483,176 | ▲ 75.5% |
| Amounts payable after more than one year17 | €105,791 | €212,375 | ▲ 101% |
| Financial debts170/4 | €105,791 | €212,375 | ▲ 101% |
| Amounts payable within one year42/48 | €169,542 | €270,801 | ▲ 59.7% |
| Current portion of amounts payable after more than one year42 | €28,616 | €80,528 | ▲ 181% |
| Trade debts44 | €22,658 | €51,976 | ▲ 129% |
| Suppliers440/4 | €22,658 | €51,976 | ▲ 129% |
| Taxes, remuneration and social security45 | €7,910 | €15,061 | ▲ 90.4% |
| Taxes450/3 | €7,763 | €12,329 | ▲ 58.8% |
| Remuneration and social security454/9 | €147 | €2,732 | ▲ 1,761% |
| Other amounts payable47/48 | €110,357 | €123,236 | ▲ 11.7% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €33,176 | -€14,779 | ▼ 145% |
| + Depreciation and write-downs630 | €49,179 | €82,214 | ▲ 67.2% |
| Operating cash flow (approximation) | €82,355 | €67,435 | ▼ 18.1% |
| Investment in fixed assets (approximation) | - | -€242,255 | - |
| Change in cash | - | €9,311 | - |
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
Next filing, fiscal year 2026, expected by
2026
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 25 days late
NBB filing
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, Oostrozebeke · 1 establishment unit since 2023
Ground area
3,827 m²
Building footprint
352 m²
Volume, LiDAR
1,569 m³
Parcel 37010B0622/00P000, Flanders · tallest building 8.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Botraco
since 20232.352.042.241
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 37010B0622/00P000 | Flanders | 3,827 m² | 1 · 352 m² | 8.2 m · 1 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 1,223 EUR awarded · 914 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,223 EUR | 914 EUR |
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Of 12,584 companies in sector 49410 we hold annual accounts for 8,199. 5,445 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
Founded08-11-2023
Fiscal year end31-12
Activities, NACEBEL 2025
49410Freight transport by road
E-invoicing
Reachable via Peppol
Peppol ID
0208:1002062854
Also
9925:BE1002062854
Registered
18-04-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.