ALGEMENE BOUWONDERNEMING V & M
ActiveSummary
ALGEMENE BOUWONDERNEMING V & M has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.0m and a net result of €188,401. Equity is growing by ~15.9% per year across the filed fiscal years. Its solvency ranks better than 45% of 2258 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
What they do
General construction of residential buildings
NACE 41001General construction of buildings NACE 41201
#6 employer in Kalmthout, Construction sector1 site
How big
€3.1mtotal assets 2025
- Staff
- 11.5 FTE
- Equity
- €1.0m
- Profit
- €188,401
Turnover not published (abridged schema)
Who decides
- Parent
- JULEO · 100%
Accounts 31 d early1 of 10 deeds read
Why 67- Higher-failure-rate sector+ Annual accounts: healthy financial profile+ Long track recordLatest accounts filed on timeShow the evidence
Checked score
Score 2025
Axes · tick = 2024
Profitability76▼-3
Solvency58▲+7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €65,000 at 30 days acceptable
Liquidity ample (current ratio 1.53 against 1.3 in 2024; short-term debt: 57.4% and cash: 22.1% of total assets), but 66.7% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← 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
33.3%
Return on assets
6.1%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 d early
2024
30 d early
2023
29 d early
2022
9 d late
2021
13 d early
2020
40 d early
2019
45 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 26 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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. Usually files around 3 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
- BenamingName change · Power of…
- Annual accounts filedfiscal year 2025 · abbreviated…
- Equity above €1mEq €1.0m ▲22.5%
Financials
Fiscal year 2025Total assets €3.1mProfit €188,401Solvency 33.3%Liquidity 1.53
Total assets
€3.1m▼ 3.7%
2018 - 2025
Net result
€188,401▼ 31.6%
2018 - 2025
Equity
€1.0m▲ 22.5%
2018 - 2025
Staff (FTE)
11.5▼ 8.0%
2018 - 2025
Financials · fiscal year 2025, abbreviated schema
In the rankings
#6 employer in Kalmthout, Construction sector#7 company by total assets in Kalmthout, Construction sector
Trend over the years
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€0.06m▼ 38.1%€0.1m▲ 74.6%€0.1m▲ 3.1%€0.4m▲ 304%€0.3m▼ 26.2%
Net result€0.05mwithin the sector's middle half▼ 29.8%€0.08mwithin the sector's middle half▲ 57.8%€0.04mwithin the sector's middle half▼ 51.5%€0.3mabove the sector's middle half▲ 609%€0.2mabove the sector's middle half▼ 31.6%
Equity€0.5mwithin the sector's middle half▲ 12.3%€0.5mwithin the sector's middle half▲ 17.3%€0.6mwithin the sector's middle half▲ 3.5%€0.8mabove the sector's middle half▲ 49.0%€1.0mabove the sector's middle half▲ 22.5%
Total assets€1.8mwithin the sector's middle half▲ 73.4%€1.9mwithin the sector's middle half▲ 1.2%€2.4mabove the sector's middle half▲ 27.1%€3.2mabove the sector's middle half▲ 35.4%€3.1mabove the sector's middle half▼ 3.7%
Debt€1.4m▲ 112%€1.3m▼ 4.3%€1.8m▲ 36.8%€2.4m▲ 31.1%€2.1m▼ 13.0%
Working capital€0.4mwithin the sector's middle half▲ 5.7%€0.4mwithin the sector's middle half▲ 11.2%€0.4mwithin the sector's middle half▼ 0.5%€0.6mabove the sector's middle half▲ 47.7%€0.9mabove the sector's middle half▲ 44.0%
Solvency25.2%within the sector's middle half▼ 13.7pp29.2%within the sector's middle half▲ 4.0pp23.8%within the sector's middle half▼ 5.4pp26.2%within the sector's middle half▲ 2.4pp33.3%within the sector's middle half▲ 7.1pp
Current ratio1.29within the sector's middle half▼ 0.301.38within the sector's middle half▲ 0.101.27within the sector's middle half▼ 0.111.30within the sector's middle half▲ 0.021.53within the sector's middle half▲ 0.23
Return on assets (ROA)2.8%within the sector's middle half▼ 4.0pp4.3%within the sector's middle half▲ 1.5pp1.6%within the sector's middle half▼ 2.7pp8.6%within the sector's middle half▲ 7.0pp6.1%within the sector's middle half▼ 2.5pp
Staff (FTE)12.2above the sector's middle half▼ 1.6%15.5above the sector's middle half▲ 27.0%16.8above the sector's middle half▲ 8.4%12.5above the sector's middle half▼ 25.6%11.5above the sector's middle half▼ 8.0%
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result and balance sheet
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 26% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.1m
Fixed assets
€383,415 ▲ 0.3%
Current assets
€2.7m ▼ 4.2%
Equity and liabilities €3.1m
Equity
€1.0m ▲ 22.5%
Debt
€2.1m ▼ 13.0%
Debt's share of the balance-sheet total falls from 73.8% to 66.7%. Equity is higher and debt is lower.
Key figures and ratios
Key figures and ratios
EBITDA
€470,968▼
2024 · €540,196
Cash flow
€331,040▼
2024 · €370,863
Quick ratio
0.79▲
2024 · 0.53
Debt to equity
2.01▼
2024 · 2.82
ROE
18.4%▼
2024 · 32.9%
Interest coverage
6.79▼
2024 · 7.85
Debt ≤ 1 year
€1.8m▼
2024 · €2.2m
Debt > 1 year
€211,231▲
2024 · €191,175
Income taxes
€75,286▼
2024 · €99,570
Staff costs
€923,346▲
2024 · €854,391
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.3%
went bankrupt
3.2%
stopped otherwise
97%
still going
For this company itself Checked computes a higher bankruptcy probability: 0.7% 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 497,341 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% | 1.8% |
| 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 17,811 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.
Filed annual accounts
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €0.008m | €0.02m | €0.001m | €0.009m | ▲ 942% |
| Remuneration, social security and pensions62 | €0.8m | €1.0m | €1.1m | €0.9m | €0.9m | ▲ 8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.03m | €0.05m | €0.09m | €0.1m | €0.1m | ▲ 49.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | €0.002m | - |
| Other operating charges640/8 | €0.01m | €0.008m | €0.02m | €0.03m | €0.04m | ▲ 18.2% |
| Non-recurring operating charges66A | - | - | €442 | - | - | - |
| Gross operating margin9900 | €0.9m | €1.2m | €1.3m | €1.4m | €1.4m | ▲ 0.5% |
| Operating profit (loss)9901 | €0.06m | €0.1m | €0.1m | €0.4m | €0.3m | ▼ 26.2% |
| Financial income75/76B | €0.01m | €0.009m | €0.002m | €331 | €0.005m | ▲ 1,337% |
| Recurring financial income75 | €0.01m | €0.009m | €0.002m | €301 | €0.001m | ▲ 226% |
| Non-recurring financial income76B | - | - | - | €30 | €0.004m | ▲ 12,493% |
| Financial charges65/66B | €0.005m | €0.01m | €0.06m | €0.07m | €0.07m | ▼ 1.0% |
| Recurring financial charges65 | €0.005m | €0.01m | €0.06m | €0.07m | €0.07m | ▲ 0.9% |
| Non-recurring financial charges66B | - | - | - | €0.001m | - | - |
| Profit (loss) for the period before taxes9903 | €0.07m | €0.1m | €0.05m | €0.4m | €0.3m | ▼ 29.7% |
| Income taxes67/77 | €0.02m | €0.02m | €0.02m | €0.1m | €0.08m | ▼ 24.4% |
| Profit (loss) for the period9904 | €0.05m | €0.08m | €0.04m | €0.3m | €0.2m | ▼ 31.6% |
| Profit (loss) for the period to be appropriated9905 | €0.05m | €0.08m | €0.04m | €0.3m | €0.2m | ▼ 31.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.8m | €1.9m | €2.4m | €3.2m | €3.1m | ▼ 3.7% |
| Fixed assets21/28 | €0.07m | €0.3m | €0.3m | €0.4m | €0.4m | ▲ 0.3% |
| Tangible fixed assets22/27 | €0.07m | €0.3m | €0.3m | €0.4m | €0.4m | ▼ 0.8% |
| Plant, machinery and equipment23 | €0.05m | €0.06m | €0.05m | €0.09m | €0.1m | ▲ 9.0% |
| Furniture and vehicles24 | €0.01m | €0.003m | €0.09m | €0.1m | €0.06m | ▼ 35.2% |
| Leasing and similar rights25 | - | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 11.8% |
| Other tangible fixed assets26 | €0.005m | - | - | - | - | - |
| Financial fixed assets28 | €0.002m | €0.002m | €0.005m | €0.005m | €0.009m | ▲ 81.9% |
| Current assets29/58 | €1.8m | €1.6m | €2.0m | €2.8m | €2.7m | ▼ 4.2% |
| Stocks and contracts in progress3 | €0.08m | €0.09m | €0.6m | €1.7m | €1.3m | ▼ 21.8% |
| Stocks30/36 | €0.02m | €0.02m | €0.08m | €1.7m | €0.06m | ▼ 96.3% |
| Contracts in progress37 | €0.05m | €0.06m | €0.5m | - | €1.2m | - |
| Amounts receivable within one year40/41 | €0.8m | €1.0m | €0.7m | €1.1m | €0.7m | ▼ 36.8% |
| Trade receivables40 | €0.4m | €1.0m | €0.7m | €1.0m | €0.7m | ▼ 31.5% |
| Other amounts receivable41 | €0.4m | €0.006m | €0.007m | €0.1m | €0.01m | ▼ 89.9% |
| Cash at bank and in hand54/58 | €0.8m | €0.5m | €0.7m | €0.05m | €0.7m | ▲ 1,349% |
| Deferred charges and accrued income490/1 | €0.01m | - | €0.02m | €0.04m | €0.04m | ▲ 5.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.8m | €1.9m | €2.4m | €3.2m | €3.1m | ▼ 3.7% |
| Equity10/15 | €0.5m | €0.5m | €0.6m | €0.8m | €1.0m | ▲ 22.5% |
| Contributions10/11 | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Reserves13 | €0.5m | €0.5m | €0.6m | €0.8m | €1.0m | ▲ 22.8% |
| Distributable reserves133 | €0.5m | €0.5m | €0.6m | €0.8m | €1.0m | ▲ 22.8% |
| Profit (loss) carried forward14 | - | - | €0 | - | - | - |
| Amounts payable17/49 | €1.4m | €1.3m | €1.8m | €2.4m | €2.1m | ▼ 13.0% |
| Amounts payable after more than one year17 | - | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 10.5% |
| Financial debts170/4 | - | €0.2m | €0.2m | €0.2m | €0.2m | ▲ 10.5% |
| Amounts payable within one year42/48 | €1.4m | €1.1m | €1.6m | €2.2m | €1.8m | ▼ 18.6% |
| Current portion of amounts payable after more than one year42 | €0.01m | €0.02m | €0.04m | €0.06m | €0.09m | ▲ 49.5% |
| Financial debts43 | €0.2m | €0.007m | €0.4m | €1.0m | €0.5m | ▼ 51.2% |
| Credit institutions430/8 | €0.2m | €0.007m | €0.4m | €1.0m | €0.5m | ▼ 51.2% |
| Trade debts44 | €1.1m | €0.7m | €0.7m | €0.8m | €0.9m | ▲ 5.2% |
| Suppliers440/4 | €1.1m | €0.7m | €0.7m | €0.8m | €0.9m | ▲ 5.2% |
| Taxes, remuneration and social security45 | €0.07m | €0.1m | €0.1m | €0.04m | €0.05m | ▲ 27.4% |
| Taxes450/3 | €0.03m | - | €0.08m | €0.005m | €0.009m | ▲ 84.4% |
| Remuneration and social security454/9 | €0.04m | €0.1m | €0.03m | €0.04m | €0.04m | ▲ 20.1% |
| Other amounts payable47/48 | €0.008m | €0.3m | €0.3m | €0.2m | €0.2m | ▲ 23.2% |
| Accrued charges and deferred income492/3 | - | €0.01m | €0.01m | - | €0.08m | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €50,769 | €80,123 | €38,867 | €275,491 | €188,401 | ▼ 31.6% |
| + Depreciation and write-downs630 | €29,072 | €47,825 | €85,450 | €95,372 | €142,639 | ▲ 49.6% |
| Operating cash flow (approximation) | €79,841 | €127,948 | €124,318 | €370,863 | €331,040 | ▼ 10.7% |
| Investment in fixed assets (approximation) | - | -€254,152 | -€136,583 | -€152,915 | -€143,681 | ▲ 6.0% |
| Change in cash | - | -€368,589 | €239,039 | -€668,695 | €634,880 | ▲ 195% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
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Of 29,766 companies in this sector we hold annual accounts for 16,066. 6,332 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Board & ownership
Parent JULEO · 100%
Directors
Directors
No directors read yet: 1 of 10 Gazette acts processed. See the function holders in the CBE →
Structure & network
Owners and holdings
1 ownerChain of control
- JULEO
- ALGEMENE BOUWONDERNEMING V & M
Highest known parent: JULEO. The sources do not say who stands above it.
Owners 1
- JULEOparent100%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No directors read yet: 1 of 10 Gazette acts processed.
Timeline
15 eventsLatest 28-08-2026Next filing 31-07-2027
History
Acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
State Gazette act
BenamingName change · Power of attorney4 facts ▸
State Gazette act
Benaming
Name change · Power of attorney4 facts ▸
- General meeting, 13-08-2026
- Name change, BOUER
- Power of attorney, NotaLink notarissen
- Other statement, stemming, eenparigheid van stemmen
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Equity above €1mEq €1.0m ▲22.5%
8 profitable years in a row build equity to €1.0m.
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €275,491 ▲609%
Operating result €444,825, net result €275,491, both a record.
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €38,867 ▼51.5%
Net result drops to €38,867, the lowest in the series; recovery starts the following year.
09-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 9 days late
2022
31-12
Financial
Equity above €500,000Eq €543,592 ▲17.3%
5 profitable years in a row build equity to €543,592.
18-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
21-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
21-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-06
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 10 acts read
About the unread acts
Of the 10 Belgian State Gazette acts we know for this company, 1 has been read. The other 9 have not been read yet: what they contain is neither established nor disproved here.
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Support & recognitions
1 funding sourceFlanders €1,0361 register with a recognition
Flemish government
€1,036
awarded · 2022 - 2024
Registered contractor
4
categories
Subsidies and aid
Flemish government
2022 to 2024 · 2 entries · €1,036 awarded · €1,036 paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | €319 | €319 |
| 2022 | 1 | €717 | €717 |
Recognitions · licences · registrations
Recognised contractor
4 categoriesALGEMENE BOUWONDERNEMING V & M BVapproval no. 39983
Company details
Private limited company · founded 31-08-2011Year ends 31-12Peppol reachable1 site
Register details
Identification
Legal formPrivate limited company
Founded31-08-2011
Fiscal year end31-12
Legal name NL
BOUER
Activities, NACEBEL 2025
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0839048218
Also
9925:BE0839048218
Registered
23-06-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Articles of association
Name clause
Sites & property
Location & real-estate footprint
Registered office, Kalmthout · 1 establishment unit since 2011
Ground area
2,923 m²
Building footprint
921 m²
Volume, LiDAR
6,150 m³
Parcel 11662E0514/00A002, Flanders · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BOUER
since 2011unit no. 2.202.579.394
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11662E0514/00A002 | Flanders | 2,923 m² | 1 · 921 m² | 7.9 m · 2 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.
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How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Subsidies
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