Financials
- Fiscal year
- 2025
- Total assets
- €45,860
- Profit
- €12,907
- Solvency
- 54.8%
Total assets▲ 103%
Net result
20192025
BOURGAUX
ActiveSummary
BOURGAUX has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25,145 and a net result of €12,907. Equity is growing by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 55% of 380 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.4% (low).
Overview
Activity
Cutting, shaping and finishing of stone
NACE 23700
1 site
Size
€45,860total assets 2025
- Equity
- €25,145
- Profit
- €12,907
Turnover not published (abridged schema)
Structure
Accounts filed 56 d late0 of 3 deeds read
Why 66- Latest accounts 56 days late; 3 of the last 3 late- Liquidity: current ratio 2.33- Figures for FY 2025 (filed 25-09-2026)+ Sector Manufacture of other non-metallic mineral products (NACE 23)Show the evidence
Checked score
Score 2025
66
/ 100
Healthy
Probability in this band: 0.55% to 1.5%
Better than 76% of its sector peers (NACE 23, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
80+1
equity 54.8% of total assets
Liquidity
59-3
short-term debt 43.0%
Profitability
99+99
return on assets 28.1%
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 13 months
10-2025: 1.1%
11-2025: 1.1%● 0.0% vs 10-2025
12-2025: 1.1%● 0.0% vs 11-2025
01-2026: 1.1%● 0.0% vs 12-2025
02-2026: 1.1%● 0.0% vs 01-2026
03-2026: 1.1%▲ +4.1% vs 02-2026
04-2026: 1.1%▲ +2.9% vs 03-2026
05-2026: 1.1%▼ -2.6% vs 04-2026
06-2026: 1.1%▼ -3.9% vs 05-2026
07-2026: 1.0%▼ -3.1% vs 06-2026lowest value
08-2026: 1.4%▲ +37.8% vs 07-2026
09-2026: 1.9%▲ +31.0% vs 08-2026highest value
10-2026: 1.4%▼ -25.8% vs 09-2026
- Latest accounts 56 days late; 3 of the last 3 late raises the probability
- Liquidity: current ratio 2.33 raises the probability
- Sector Manufacture of other non-metallic mineral products (NACE 23) lowers the probability
- Figures for FY 2025 (filed 25-09-2026) raises the probability
Credit up to €1,500 at 30 days acceptable
Liquidity ample (current ratio 2.33 against 2.44 in 2024; short-term debt: 43% of total assets), and 45.2% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 23, micro). Better than this share of them on solvency 58%, liquidity 60%, profitability 92%, growth against the median 95%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-09-2026, 56 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
56 d late
2024
39 d late
2023
63 d late
2022
224 d late
2021
58 d late
2020
62 d late
2019
101 d late
← 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 86 days after the deadline; the sector median for financial year 2024 is 11 days before the deadline, and 34% 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 27 September (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Back to profitnet €12,907
- Annual accounts filedfiscal year 2024 · micro…
Key points
By topic
Timeline
- Events
- 9
- Since
- 2020
- Next accounts
- by 31-07-2027
- 25-09-2026Annual accounts filed
- 31-12-2025Back to profit
- 08-09-2025Annual accounts filed
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- Cutting, shaping and finishing of stoneNACE 23700
- Founded
- 31-01-2019
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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