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BOULDER

Absorbed by C-Rix
Private limited companyKBO/BCE: BE 0445.487.148

Absorbed by C-Rix in September 2026. The last annual accounts are for financial year 2025. The company was dissolved without liquidation.

BOULDERAbsorbed by C-Rix

Overview

Overview

Official details

Source: KBO
Status
Absorbed by C-Rix merger by absorption, September 2026
Legal form
Private limited company
Activity
“De organisatie en de verhuring van indoor en outdoor artificiële klimmuren.” (deed in Dutch)From the articles, 8 activitiesNo NACE code in the KBO yet
Joint committee
333 Tourist attractions · annual accounts 2025
Financial year end
31 December
Peppol
Reachable since 26-11-2024

Board and ownership

Board

Financial position

No score
Annual accounts 2025
Gross margin
€80,048
▼ 16.1%
Turnover
≈ €240,000
estimated
Loss
€24,812
▲ 65.4%
Equity
€14
▼ 99.9%
Total assets
€304,550
▼ 6.6%
Employees on 31-12-2025
2
=

Financials

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 16-06-2026 PDF all 34 filings

Turnover
≈ €240,000
Estimated: probably between €160,000 and €420,000
Total assets
€304,550▼ 6.6%
2024 · €326,068
Net result
-€24,812▼ 65.4%
2024 · -€15,003
Working capital
-€166,279▼ 15.9%
2024 · -€143,445
Multi-year overview
2018 to 2025, 8 financial years
Operating result
-€13,506
▼ 2,218% 2025
20182025
Net result
-€24,812
▼ 65.4% 2025
20182025
Equity
€14
▼ 99.9% 2025
20182025
Total assets
€304,550
▼ 6.6% 2025
20182025
Debt
€304,536
▲ 1.1% 2025
20182025
Working capital
-€166,279
▼ 15.9% 2025
20182025
Staff (FTE)
1.9
▼ 5.0% 2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€2,086-€22,901▲ 998%€2,896▼ 87.4%€17,101▲ 491%-€4,945€9,284-€583-€13,506▼ 2,218%
Net result€282-€14,262▲ 51×€1,824▼ 87.2%€15,597▲ 755%-€5,601€2,865-€15,003-€24,812▼ 65.4%
Equity€10,881-€25,143▲ 131%€26,968▲ 7.3%€42,565▲ 57.8%€36,964▼ 13.2%€39,829▲ 7.8%€24,826▼ 37.7%€14▼ 99.9%
Total assets€117,595-€108,790▼ 7.5%€90,157▼ 17.1%€99,928▲ 10.8%€70,109▼ 29.8%€398,237▲ 468%€326,068▼ 18.1%€304,550▼ 6.6%
Debt€106,714-€83,647▼ 21.6%€63,189▼ 24.5%€57,363▼ 9.2%€33,145▼ 42.2%€358,408▲ 981%€301,242▼ 15.9%€304,536▲ 1.1%
Working capital-€34,509--€12,347▲ 64.2%-€20,126▼ 63.0%-€8,662▲ 57.0%-€19,025▼ 120%-€126,390▼ 564%-€143,445▼ 13.5%-€166,279▼ 15.9%
Staff (FTE)2-2.1▲ 5.0%2.1=2.3▲ 9.5%2.3=1.7▼ 26.1%2▲ 17.6%1.9▼ 5.0%

The operating result for 2025 is a loss of €13,506, larger than the loss of €583 in 2024. It is the lowest result since 2018.

Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €304,550
Fixed assets €284,602 ▼ 8.1%
Current assets €19,948 ▲ 22.6%
Equity and liabilities €304,550
Equity €14 ▼ 99.9%
Debt €304,536 ▲ 1.1%
Debt's share of the balance-sheet total rises from 92.4% to 100.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€21,611▼
2024 · €32,588
Cash flow
€10,305▼
2024 · €18,167
Current ratio
0.11▲
2024 · 0.10
Quick ratio
0.10▲
2024 · 0.09
ROA
-8.1%▼
2024 · -4.6%
Interest coverage
1.87▼
2024 · 2.26
Debt ≤ 1 year
€186,227▲
2024 · €159,712
Debt > 1 year
€118,309▼
2024 · €138,796
Staff costs
€57,650▼
2024 · €61,923
The equity ratios are withheld because equity of €14 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202131-12-202231-12-202331-12-202431-12-2025
Employees at the balance-sheet date32222
full-time2---0
part-time12222
in full-time equivalents2.41.61.61.61.6
Average over the year, in full-time equivalents2.32.31.71.61.6
On a permanent contract32222
Joined11321
Left12321
Training hours--2--

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets-€5,943€281,230€17,283€9,918
Depreciation and write-downs of the year€7,698€7,812€12,532€33,170€35,117

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 48 lines
Balance sheet Code20242025
Assets
Total assets20/58€326,068€304,550▼
Fixed assets21/28€309,801€284,602▼
Tangible fixed assets22/27€309,801€284,602▼
Plant, machinery and equipment23€59,215€59,579▲
Furniture and vehicles24€1,436€566▼
Leasing and similar rights25€212,136€196,843▼
Other tangible fixed assets26€37,014€27,614▼
Current assets29/58€16,267€19,948▲
Amounts receivable after more than one year29€246€246=
Other amounts receivable291€246€246=
Stocks and contracts in progress3€1,152€1,647▲
Stocks30/36€1,152€1,647▲
Amounts receivable within one year40/41€2,802€7,634▲
Trade receivables40-€3,261
Other amounts receivable41€2,802€4,373▲
Cash at bank and in hand54/58€12,054€10,189▼
Deferred charges and accrued income490/1€14€232▲
Equity and liabilities
Total equity and liabilities10/49€326,068€304,550▼
Equity10/15€24,826€14▼
Contributions10/11€24,789€24,789=
Reserves13€37-
Distributable reserves133€37-
Profit (loss) carried forward14--€24,775
Amounts payable17/49€301,242€304,536▲
Amounts payable after more than one year17€138,796€118,309▼
Financial debts170/4€138,796€118,309▼
Amounts payable within one year42/48€159,712€186,227▲
Current portion of amounts payable after more than one year42€20,673€22,255▲
Trade debts44€28,676€44,470▲
Suppliers440/4€28,676€44,470▲
Taxes, remuneration and social security45€10,078€8,900▼
Remuneration and social security454/9€10,078€8,900▼
Other amounts payable47/48€100,285€110,602▲
Accrued charges and deferred income492/3€2,734-
Income statement Code20242025
Remuneration, social security and pensions62€61,923€57,650▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€33,170€35,117▲
Other operating charges640/8€852€787▼
Gross operating margin9900€95,363€80,048▼
Operating profit (loss)9901-€583-€13,506▼
Financial income75/76B€0€278▲
Recurring financial income75€0€278▲
Financial charges65/66B€14,421€11,584▼
Recurring financial charges65€14,421€11,584▼
Profit (loss) for the period before taxes9903-€15,003-€24,812▼
Profit (loss) for the period9904-€15,003-€24,812▼
Profit (loss) for the period to be appropriated9905-€15,003-€24,812▼
Appropriation of the result
Profit (loss) to be appropriated9906-€15,003-€24,812▼
Transfer from equity791/2€15,003€37▼

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Source: Annual accounts 2025 (PDF), filed on 16-06-2026.

Line20182019202020212022202320242025Change
Remuneration, social security and pensions62---€41,112€103,671€70,139€61,923€57,650▼ 6.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8,425€8,424€7,698€7,698€7,812€12,532€33,170€35,117▲ 5.9%
Other operating charges640/8---€606€617€3,992€852€787▼ 7.7%
Gross operating margin9900€74,548€94,472€51,773€66,518€107,155€95,948€95,363€80,048▼ 16.1%
Operating profit (loss)9901€2,086€22,901€2,896€17,101-€4,945€9,284-€583-€13,506▼ 2,218%
Financial income75/76B---€277€130€0€0€278▲ 1,462×
Recurring financial income75€277€271€276€277€130€0€0€278▲ 1,462×
Financial charges65/66B---€1,109€785€6,419€14,421€11,584▼ 19.7%
Recurring financial charges65€2,081€1,677€1,348€1,109€785€6,419€14,421€11,584▼ 19.7%
Profit (loss) for the period before taxes9903€282€21,495€1,824€16,269-€5,601€2,865-€15,003-€24,812▼ 65.4%
Income taxes67/77-€7,233-€672-----
Profit (loss) for the period9904€282€14,262€1,824€15,597-€5,601€2,865-€15,003-€24,812▼ 65.4%
Profit (loss) for the period to be appropriated9905€282€14,262€1,824€15,597-€5,601€2,865-€15,003-€24,812▼ 65.4%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€117,595€108,790€90,157€99,928€70,109€398,237€326,068€304,550▼ 6.6%
Fixed assets21/28€87,679€79,255€71,557€63,859€56,990€325,688€309,801€284,602▼ 8.1%
Tangible fixed assets22/27€82,679€74,255€66,557€58,859€56,990€325,688€309,801€284,602▼ 8.1%
Plant, machinery and equipment23---€58,724€56,990€63,802€59,215€59,579▲ 0.6%
Furniture and vehicles24-----€632€1,436€566▼ 60.6%
Leasing and similar rights25-----€227,430€212,136€196,843▼ 7.2%
Other tangible fixed assets26---€135-€33,824€37,014€27,614▼ 25.4%
Financial fixed assets28€5,000€5,000€5,000€5,000-----
Current assets29/58€29,916€29,535€18,600€36,069€13,119€72,549€16,267€19,948▲ 22.6%
Amounts receivable after more than one year29---€5,385€246€246€246€246=
Other amounts receivable291---€5,385€246€246€246€246=
Stocks and contracts in progress3-€472€726€978€577€527€1,152€1,647▲ 43.0%
Stocks30/36---€978€577€527€1,152€1,647▲ 43.0%
Amounts receivable within one year40/41€4,664€7,099€2,457€5,526€6,555€66,154€2,802€7,634▲ 172%
Trade receivables40---€5,254€5,574€53,526-€3,261-
Other amounts receivable41---€272€981€12,627€2,802€4,373▲ 56.1%
Cash at bank and in hand54/58€19,444€16,407€9,759€24,180€5,742€5,623€12,054€10,189▼ 15.5%
Deferred charges and accrued income490/1------€14€232▲ 17×
Equity and liabilities
Total equity and liabilities10/49€117,595€108,790€90,157€99,928€70,109€398,237€326,068€304,550▼ 6.6%
Equity10/15€10,881€25,143€26,968€42,565€36,964€39,829€24,826€14▼ 99.9%
Contributions10/11€24,789€24,789-€24,789€24,789€24,789€24,789€24,789=
Reserves13€11,627€11,627€11,627€17,775€12,175€15,040€37--
Non-distributable reserves130/1---€2,479€2,479----
Reserves not available under the articles1311---€2,479€2,479----
Distributable reserves133---€15,296€9,696€15,040€37--
Profit (loss) carried forward14-€25,535-€11,273-€9,449-----€24,775-
Amounts payable17/49€106,714€83,647€63,189€57,363€33,145€358,408€301,242€304,536▲ 1.1%
Amounts payable after more than one year17€41,289€26,165€18,443€2,672-€159,469€138,796€118,309▼ 14.8%
Financial debts170/4---€2,672-€159,469€138,796€118,309▼ 14.8%
Amounts payable within one year42/48€64,425€41,882€38,726€44,731€32,145€198,939€159,712€186,227▲ 16.6%
Current portion of amounts payable after more than one year42---€15,772€2,672€19,033€20,673€22,255▲ 7.7%
Financial debts43----€310----
Credit institutions430/8----€310----
Trade debts44€41,230€10,970€12,615€20,563€12,932€28,416€28,676€44,470▲ 55.1%
Suppliers440/4---€20,563€12,932€28,416€28,676€44,470▲ 55.1%
Advances received on contracts in progress46----€195----
Taxes, remuneration and social security45---€8,396€16,036€9,323€10,078€8,900▼ 11.7%
Taxes450/3---€744€72----
Remuneration and social security454/9---€7,653€15,965€9,323€10,078€8,900▼ 11.7%
Other amounts payable47/48-----€142,167€100,285€110,602▲ 10.3%
Accrued charges and deferred income492/3---€9,960€1,000-€2,734--
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€282€14,262€1,824€15,597-€5,601€2,865-€15,003-€24,812▼ 65.4%
+ Depreciation and write-downs630€8,425€8,424€7,698€7,698€7,812€12,532€33,170€35,117▲ 5.9%
Operating cash flow (approximation)€8,707€22,686€9,522€23,295€2,212€15,397€18,167€10,305▼ 43.3%
Investment in fixed assets (approximation)-€0€0€0-€943-€281,230-€17,283-€9,918▲ 42.6%
Change in cash--€3,037-€6,648€14,421-€18,438-€119€6,431-€1,865-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Latest 10 of 34 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 16-06-2026 2026-00165300 PDF
31-12-2024 micro format 05-06-2025 2025-00124655 PDF
31-12-2023 micro format 04-07-2024 2024-00209475 PDF
31-12-2022 abbreviated format 07-07-2023 2023-00212915 PDF
31-12-2021 abbreviated format 30-08-2022 2022-20358646 PDF
31-12-2020 abbreviated format 30-08-2021 2021-60000215 PDF
31-12-2019 abbreviated format 31-08-2020 2020-48200118 PDF
31-12-2018 abbreviated format 31-07-2019 2019-42400158 PDF
31-12-2017 abbreviated format 30-08-2018 2018-56200250 PDF
31-12-2016 abbreviated format 30-08-2017 2017-53900350 PDF

Show all 34 filings

Board & ownership

Directors

Directors
2 directors, no change since 2026

Deed of 16-06-2026Merger proposal: to be absorbed by C-RIX NVPermanent representatives: Jo Severy, Manu Severy and 2 others

Larosse Jan
Director (not named in the articles) · appointed by deed of 05-01-2024 · earlier statutory manager, until 05-01-2024 · term without a fixed end · also on the board of 2 other companies · listed in the 2025 annual accounts, filed on 16-06-2026
Current
SEVERY Jan
Director (not named in the articles) · appointed by deed of 05-01-2024 · earlier statutory manager, until 05-01-2024 · term without a fixed end · listed in the 2025 annual accounts, filed on 16-06-2026
Current
Signing authorityThe articles say who may bind the company, for example by signing a contract.
Each director alone
deed of 05-01-2024

Owners and capital

Capital transactions

Capital over time
  1. 05-01-2024 Converted to unavailable equity · €27,268.28

Mandate history

2 people, 2 in office
Show
  • Board
  • mandate already running before its first mention
Mandates per person, with start and end dates
Name Functions and periods
Larosse Jan
  • Statutory manager, until 05-01-2024
  • Director (not named in the articles), appointed by deed of 05-01-2024, still in office
SEVERY Jan
  • Statutory manager, until 05-01-2024
  • Director (not named in the articles), appointed by deed of 05-01-2024, still in office
See the board, name and registered office on a given date →

Network & group

Holdings and subsidiaries

1 holding

Holdings 1

  • Equity €287,766 Profit of €51,941 in 2025 (profit of €80,170 in 2024) Checked score 95
    5%
Holdings through the years 2017 to 2022
Holdings through the years
Name201720182019202020212022
ALPAMAYO 5%

Source: list of holdings in its own accounts

Acquisitions and mergers

1 transaction
Taken over by:C-Rix
BE 0450.571.235merger by absorption · Gazette deed of 01-09-2026 (3 deeds)

Connections & network

2 connected companies, 2 earlier ties
Linked via shared directors
Distrikt Events
via Larosse Jan · Director (not named in the articles) · deed of 03-11-2023
Founded in 2023 · total assets €184,097 (2025)
→
OLYMPIA JEUGDKLIMTEAM
via Larosse Jan · Director · deed of 21-01-2026
Founded in 2019
→
Earlier ties
Vlaamse Maatschappij voor Watervoorziening
via Larosse Jan (no longer at Vlaamse Maatschappij voor Watervoorziening) · Director · deed of 21-11-2005
Founded in 1983 · 1,592 FTE (2025)
→
Maakbaar Leuven
via Larosse Jan (no longer at Maakbaar Leuven) · Director · deed of 13-01-2025
Founded in 2019
→

Timeline

Deeds, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
01-09
Gazette deed Merger: absorbed by C-Rix
Dissolution of the company · Dissolved without liquidation · Director discharge: SEVERY Jan3 points ▸
  • General meeting, 23-07-2026
  • Director discharge, SEVERY Jan
  • Director discharge, LAROSSE Jan
  • The deed holds 2 more points.

Open the deed in the Belgian Official Gazette

16-06
Gazette deed Merger proposal: to be absorbed by C-RIX NV
Permanent representatives: Jo Severy, Manu Severy and 2 others12 points ▸
  • Board composition, Olympia Sports Group (director)
  • Board composition, Mase Management (director)
  • Board composition, Movenda Andres (director)
  • Board composition, Pro-Formance (director)
  • Permanent representative, Jo Severy
  • Permanent representative, Manu Severy
  • Permanent representative, Andres Ruttens
  • Permanent representative, Cedriek Swinnen
  • Board composition, Larosse Jan (director)
  • Board composition, Severy Jan (director)
  • Accounting effect, 01-01-2026
  • Net-asset statement, EUR, 31-12-2025
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

16-06
NBB filing Annual accounts 2025 filedPDF
micro format · 45 days before the deadline
2025
31-12
Financial Weakest financial yearnet -€24,812
The net result drops to -€24,812, the lowest from 2018 to 2025.
05-06
NBB filing Annual accounts 2024 filedPDF
micro format · 56 days before the deadline
2024
04-07
NBB filing Annual accounts 2023 filedPDF
micro format · 27 days before the deadline
05-01
Gazette deed Changes of role: LAROSSE Jan (director) and SEVERY Jan (director)
“De organisatie en de verhuring van indoor en outdoor artificiële klimmuren; Het beheer,de uitbating,de huur en…” (deed in Dutch)7 points ▸
  • General meeting, 21-12-2023
  • 1,000 shares
  • Director resignation, LAROSSE Jan (statutory manager)
  • Director resignation, SEVERY Jan (statutory manager)
  • Director appointment, LAROSSE Jan (director (not named in the articles))
  • Director appointment, SEVERY Jan (director (not named in the articles))
  • Registered office clause, Orgelwinningstraat 22
  • The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

2023
31-12
Financial Back to profitnet €2,865
The net result is €2,865, after one loss-making year.
07-07
NBB filing Annual accounts 2022 filedPDF
abbreviated format · 24 days before the deadline
2022
30-08
NBB filing Annual accounts 2021 filedPDF
abbreviated format · 30 days late
2021
31-12
Financial Highest result from 2018 to 2025net €15,597 ▲755%
The net result of €15,597 is the highest of those years.
30-08
NBB filing Annual accounts 2020 filedPDF
abbreviated format · 30 days late
Show earlier events
2020
31-08
NBB filing Annual accounts 2019 filedPDF
abbreviated format · 31 days late
2019
31-07
NBB filing Annual accounts 2018 filedPDF
abbreviated format · on the deadline day
2018
30-08
NBB filing Annual accounts 2017 filedPDF
abbreviated format · 30 days late
2017
30-08
NBB filing Annual accounts 2016 filedPDF
abbreviated format · 30 days late
1991
09-11
Gazette deed Incorporation
17 publications in the Belgian Official Gazette, the last on 01-09-2026
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

The board currently has 2 members.1 BOULDER has filed 34 sets of annual accounts, the latest for financial year 2025.2 In 2026 the company was absorbed by merger into C-Rix.3

  1. 1National Bank, annual accounts 2025
  2. 2National Bank, annual accounts 2025
  3. 3Belgian Official Gazette, 01-09-2026

Company details

Inactive

Absorbed by C-Rix in September 2026

BOULDER is no longer in the KBO register. C-Rix took it over in a merger by absorption, published in the Belgian Official Gazette on 1 September 2026.

Status
Inactiveout of the register since 25 August 2026
Reason
Merger by absorptionBelgian Official Gazette, 1 September 2026 · deed
Absorbed by
C-Rix · 0450.571.235
Last annual accounts
financial year to 31 December 2025
Last registered office
Orgelwinningstraat 22, 3582 Koersel(Beringen)as published on 1 September 2026
Legal form
Private limited company
Active since
29 October 1991
Official KBO record

Purpose, financial year and meetings according to the articles of association

Name, seat, purpose and duration

PurposeThe purpose describes the activities the company may carry out under its articles.
“De organisatie en de verhuring van indoor en outdoor artificiële klimmuren; Het beheer, de uitbating, de huur en de verhuring van…”
8 activities
  1. De organisatie en de verhuring van indoor en outdoor artificiële klimmuren.
  2. Het beheer, de uitbating, de huur en de verhuring van sportzalen, sportterreinen, speelpleinen, ontspannings- en ontmoetingsaccomodaties en bijhorende lokalen.
  3. De groot- en kleinhandel, de in- en uitvoerhandel van sportartikelen en sporttoestellen, alsook van alle infrastructuur voor sportcentra.
  4. Het organiseren en inrichten van alle sport- en ontspanningsbijeenkomsten, alsook van allerhande evenementen, manifestaties, beurzen en tentoonstellingen.
  5. Het advies, de begeleiding en het management inzake voormelde activiteiten.
  6. Het uitbaten van een cafetaria;
  7. Het organiseren van reizen en/of stages in binnen- en buitenland;
  8. Het verkopen van haar producten en aanbieder van diensten via fysieke verkooppunten en/of ecommerce, al dan niet via (eigen) webshop.
deed of 16-06-2026 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 05-01-2024 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaamse Gewest”
deed of 05-01-2024 (in Dutch)

General meeting and financial year

Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
“Titel V - Algemene vergadering Artikel 17. Organisatie en bijeenroeping Ieder jaar wordt een gewone algemene vergadering van aandeelhouders…”

deed of 05-01-2024 (in Dutch)

Sites & property

Location
exact location from the address register On OpenStreetMap

Buildings and parcels at the address

Ground area
1,256 m²
Building footprint
183 m²
Building volume
974 m³
Cadastral parcel Region Area Buildings Height / floors
71522D0429/00D000 Flanders 1,256 m² 1 · 183 m² 7.7 m · 2