BOULLE
ActiveSummary
BOULLE has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €357k and a net result of €44k. Equity is shrinking by ~5.7% per year across the filed fiscal years. Its solvency ranks better than 92% of 2045 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
92
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability82▲+2
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 6.24 against 3.94 in 2024; short-term debt: 14.1% and cash: 56.3% of total assets), and 14.5% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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
85.5%
Return on assets
10.6%
Age of the figures
9 mo
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €357k
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 17-03-2026, 136 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
136 d early
2024
119 d early
2023
33 d early
2022
90 d early
2021
96 d early
2020
33 d early
2019
4 d early
← before the deadline
after the deadline →
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
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€44k▲ 25.0%
2024 · €35k
2018: €32k
2019: €10k
2020: €-53k
2021: €-46k
2022: €11k
2023: €-25k
2024: €35k
2018 → 2025
Working capital
€308k▲ 19.5%
2024 · €257k
2018: €335k
2019: €325k
2020: €299k
2021: €273k
2022: €282k
2023: €254k
2024: €257k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€356k-€342k▼ 3.9%€317k▼ 7.4%€312k▼ 1.4%€357k▲ 14.2%
Operating result€-50k-€17k€-28k€36k€55k▲ 54.4%
Net result€-46k-€11k€-25k€35k€44k▲ 25.0%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 54% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €417k
Fixed assets
€51k ▼ 7.2%
Current assets
€366k ▲ 6.2%
Equity and liabilities €417k
Equity
€357k ▲ 14.2%
Debt
€61k ▼ 30.7%
Debt's share of the balance-sheet total falls from 21.9% to 14.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€62k▲
2024 · €43k
Cash flow
€51k▲
2024 · €43k
Current ratio
6.24▲
2024 · 3.94
Quick ratio
5.89▲
2024 · 3.67
Debt to equity
0.17▼
2024 · 0.28
ROE
12.4%▲
2024 · 11.3%
ROA
10.6%▲
2024 · 8.9%
Interest coverage
17.19▼
2024 · 87.41
Debt ≤ 1 year
€59k▼
2024 · €88k
Income taxes
€12k▲
2024 · €4k
Staff costs
€518k▲
2024 · €486k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 55 lines
Balance sheet
Code20242025
Assets
Total assets20/58€400k€417k▲
Fixed assets21/28€55k€51k▼
Tangible fixed assets22/27€55k€51k▼
Land and buildings22€52k€47k▼
Plant, machinery and equipment23€1k€2k▲
Furniture and vehicles24€2k€2k▲
Financial fixed assets28€209€209=
Current assets29/58€345k€366k▲
Stocks and contracts in progress3€24k€21k▼
Stocks30/36€24k€21k▼
Amounts receivable within one year40/41€31k€63k▲
Trade receivables40€4k€26k▲
Other amounts receivable41€27k€37k▲
Current investments50/53€45k€45k=
Cash at bank and in hand54/58€244k€235k▼
Deferred charges and accrued income490/1€2k€2k▲
Equity and liabilities
Total equity and liabilities10/49€400k€417k▲
Equity10/15€312k€357k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€250k€295k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€244k€288k▲
Amounts payable17/49€88k€61k▼
Amounts payable within one year42/48€88k€59k▼
Trade debts44€8k€708▼
Suppliers440/4€8k€708▼
Taxes, remuneration and social security45€27k€31k▲
Taxes450/3€8k€6k▼
Remuneration and social security454/9€20k€24k▲
Other amounts payable47/48€52k€27k▼
Accrued charges and deferred income492/3-€2k
Income statement
Code20242025
Goods, raw materials, services and sundry goods60/61€355k-
Remuneration, social security and pensions62€486k€518k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▼
Other operating charges640/8€5k€6k▲
Gross operating margin9900€534k€585k▲
Operating profit (loss)9901€36k€55k▲
Financial income75/76B€5k€5k▲
Recurring financial income75€5k€5k▲
Financial charges65/66B€491€4k▲
Recurring financial charges65€491€4k▲
Profit (loss) for the period before taxes9903€40k€56k▲
Income taxes67/77€4k€12k▲
Profit (loss) for the period9904€35k€44k▲
Profit (loss) for the period to be appropriated9905€35k€44k▲
Appropriation of the result
Profit (loss) to be appropriated9906€35k€44k▲
Transfer from equity791/2€40k-
Transfer to equity691/2€35k€44k▲
To other reserves6921€35k€44k▲
Profit to be distributed694/7€40k-
Return on contributions (dividend)694€40k-
Social balance
Average headcount (FTE)908710.710.3▼
The notes to these accounts (9 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
17-03
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €44k ▲25%
Operating result €55k, net result €44k, both a record.
03-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €35k
Net result €35k after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
02-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €11k
Net result €11k after 2 loss-making years.
26-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Weakest financial yearnet €-53k ▼630%
Net result drops to €-53k, the lowest in the series; recovery starts the following year.
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
02-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Oupeye · 1 establishment unit since 1991
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.
Rue de la Crayère 434682 OupeyeGround area
194 m²
Building footprint
119 m²
Volume, LiDAR
790 m³
Parcel 62052A0517/00S000, Wallonia · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Rue de la Crayère 43, 4682 Oupeye
since 19912.054.070.713
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62052A0517/00S000 | Wallonia | 194 m² | 1 · 119 m² | 9.0 m · 2 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.
Similar companies · same sector, comparable size
Peinture LOLY
BE 0716.658.764
Herve · Eq €356,108
VAN KERKVOORDE-DE COCK
BE 0476.172.703
Lochristi · Eq €355,921
MF SCHILDERWERKEN
BE 0741.788.296
Roeselare · Eq €355,864
DEKORATIE VANHOUTTE
BE 0810.643.945
Waregem · Eq €355,788
AA. DIRK SCHOONVLIET
BE 0439.605.483
Zandhoven · Eq €360,399
Of 7,861 companies in sector 43341 we hold annual accounts for 2,663. 1,718 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-06-1991
Fiscal year end31-12
Activities, NACEBEL 2025
43341Painting of buildings
43230Insulation installation
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.