BOULA
ActiveBOULA has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €130k and a net result of €14k. Equity is growing by ~20.8% per year across the filed fiscal years. Its solvency ranks better than 93% of 11282 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
84
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability63▼-33
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 16.01 against 2.63 in 2023; short-term debt: 4.5% and cash: 58% of total assets), and 5.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
94.2%
Return on assets
10.4%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2023
33 d early
2022
1 d late
2021
17 d late
2020
24 d late
2019
7 d early
2018
19 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€130k▲ 29.4%
2023 · €101k
2018: €44k
2019: €42k
2020: €43k
2021: €57k
2022: €73k
2023: €101k
2018 → 2025
Total assets
€138k▲ 7.5%
2023 · €129k
2018: €66k
2019: €66k
2020: €76k
2021: €109k
2022: €117k
2023: €129k
2018 → 2025
Net result
€14k▼ 48.9%
2023 · €28k
2018: €2k
2019: €-1k
2020: €1k
2021: €16k
2022: €23k
2023: €28k
2018 → 2025
Working capital
€93k▲ 111%
2023 · €44k
2018: €19k
2019: €17k
2020: €24k
2021: €41k
2022: €58k
2023: €44k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232025Trend
Equity€43k-€57k▲ 34.9%€73k▲ 26.4%€101k▲ 38.6%€130k▲ 29.4%
Operating result€2k-€26k▲ 1,320%€31k▲ 23.0%€42k▲ 33.6%€22k▼ 47.8%
Net result€1k-€16k▲ 956%€23k▲ 48.2%€28k▲ 20.9%€14k▼ 48.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is €22k in 2025, compared with €42k in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €138k
Fixed assets
€39k▼ 32.1%
Current assets
€99k▲ 39.6%
Equity and liabilities €138k
Equity
€130k▲ 29.4%
Debt
€8k▼ 71.2%
The debt ratio falls from 21.8% to 5.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€31k▼
2023 · €47k
Cash flow
€23k▼
2023 · €33k
Solvency
94.2%▲
2023 · 78.2%
Current ratio
16.01▲
2023 · 2.63
Quick ratio
16.01▲
2023 · 2.63
Debt / equity
0.06▼
2023 · 0.28
ROE
11.0%▼
2023 · 27.8%
ROA
10.4%▼
2023 · 21.8%
Interest coverage
-247.03▼
2023 · 42.98
Debt
€8k▼
2023 · €28k
Debt ≤ 1 year
€6k▼
2023 · €27k
Income taxes
€8k▼
2023 · €13k
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 2023
Balance sheet
Code20232025
Assets
Total assets20/58€129k€138k▲
Fixed assets21/28€58k€39k▼
Tangible fixed assets22/27€41k€22k▼
Furniture and vehicles24€41k€22k▼
Financial fixed assets28€17k€18k▲
Current assets29/58€71k€99k▲
Amounts receivable within one year40/41€5k€17k▲
Trade receivables40€4k€4k▲
Other amounts receivable41€703€13k▲
Cash at bank and in hand54/58€66k€80k▲
Deferred charges and accrued income490/1€0€2k▲
Equity and liabilities
Total equity and liabilities10/49€129k€138k▲
Equity10/15€101k€130k▲
Contributions10/11€8k€8k=
Reserves13€67k€97k▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€67k€97k▲
Profit (loss) carried forward14€25k€25k=
Amounts payable17/49€28k€8k▼
Amounts payable within one year42/48€27k€6k▼
Trade debts44€4k€1k▼
Suppliers440/4€4k€1k▼
Taxes, remuneration and social security45€5k€5k▲
Taxes450/3€5k€5k▲
Other amounts payable47/48€18k€0▼
Accrued charges and deferred income492/3€1k€2k▲
Income statement
Code20232025
Non-recurring operating income76A€9k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€9k▲
Other operating charges640/8€4k€960▼
Gross operating margin9900€51k€32k▼
Operating profit (loss)9901€42k€22k▼
Financial income75/76B€170€4▼
Recurring financial income75€170€4▼
Financial charges65/66B€1k€-126▼
Recurring financial charges65€1k€-126▼
Profit (loss) for the period before taxes9903€41k€22k▼
Income taxes67/77€13k€8k▼
Profit (loss) for the period9904€28k€14k▼
Profit (loss) for the period to be appropriated9905€28k€14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€53k€40k▼
Profit (loss) brought forward from the previous period14P€25k€25k=
Transfer to equity691/2€28k€14k▼
To other reserves6921€28k€14k▼
Profit to be distributed694/7€0-
Directors or managers695€0-
The notes to these accounts (10 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
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Liquidity times 6current ratio 16.01
Current ratio from 2.63 to 16.01; short-term debt falls from €27k to €6k.
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €28k ▲20.9%
Operating result €42k, net result €28k, both a record.
31-12
Financial
Equity above €100kEq €101k ▲38.6%
4 profitable years in a row build equity to €101k.
01-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 1 day late
2022
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 24 days late
2020
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
24-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-1k ▼147%
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
19-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 19 days late
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
13-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
04-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Brussel · 1 establishment unit since 1996
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.
Nieuwe Graanmarkt 91000 BrusselGround area
312 m²
Building footprint
377 m²
Volume, LiDAR
4,046 m³
Parcel 21811M0597/00C000, Brussels · tallest building 21.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BOULA BVBA
since 19962.075.338.754
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21811M0597/00C000 | Brussels | 312 m² | 1 · 377 m² | 21.4 m · 3 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector, comparable size
FOXWOOD
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COMMODITY CENTRE HANDLING BELGIUM
BE 0865.162.004
Antwerpen · Eq €130k
Van Hulle Nathalie
BE 0830.602.486
Roeselare · Eq €132k
VITAPOR
BE 0875.238.819
Hooglede · Eq €134k
MARBEL FOOD INGREDIENTS
BE 0793.377.945
Juprelle · Eq €115k
Of 409 companies in sector 46110 we hold annual accounts for 173. 128 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-12-1995
Fiscal year end31-12
Activities, NACEBEL
46110Wholesale trade
51110
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
51160
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.