Checked.be
Active
BE 0799.606.632Private limited company
Boutec
Oude Ieperstraat 35 ·8560 Wevelgem, Belgium· 3 yrs active
Sector: Joinery installation
(43320)
Conclusion
The computed 12-month bankruptcy probability of Boutec is 2.7% (moderate). The 2025 annual accounts show equity of €40k and a net result of €18k. Its solvency ranks better than 49% of 2906 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 2 annual accounts.
Key figures
| Equity | €40k |
| Net result | €18k |
| Better than sector | 49% |
| Active | 3 yrs |
Financial profile
80
/ 100
Exceptional profile, strong across almost every axis.
All 5 axes are computed from data Checked has read.
Health
81
Profitability
100
Solvency
75
Growth
52
Stability
94
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
81
/ 100
Excellent
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€3k
estimate, not credit advice
Score history
86
2024
81
2025
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 1.44 (≥ 1.0)
+5
Quick ratio
Quick ratio 1.12 (≥ 1.0)
+5
Leverage
Debt/equity 1.34 (< 2.0)
+3
Profitability
ROE 45% (≥ 10%)
+10
Interest coverage
Interest coverage 49.3× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 03-10-2025 with the NBB · fiscal year 2025 · micro schema
Sector comparison
Fiscal year 2025 · NACE 43, Specialised construction activities · compared within the same schema type (micro schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 42.7% | 43.3% | |
| Net result | €18k | €13k | |
| Equity | €40k | €44k | |
| Gross operating margin | €33k | €39k | |
| Total assets | €94k | €115k |
€32k
-6.6%
24-25
€18k
-9.0%
24-25
€26k
-6.0%
24-25
€94k
+68.8%
24-25
€40k
+82.7%
24-25
€21k
+111.0%
24-25
€6k
-0.9%
24-25
€54k
+59.8%
24-25
€49k
+147.7%
24-25
€4k
-66.3%
24-25
1.44
-5.0%
24-25
1.12
-25.8%
24-25
42.7%
+8.2%
24-25
1.34
-12.6%
24-25
45.3%
-50.2%
24-25
19.3%
-46.1%
24-25
49.30
+77.9%
24-25
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 |
|---|---|---|
| Deposit | micro schema | micro schema |
| Revenue | - | - |
| EBITDA | €32k | €34k |
| Net profit | €18k | €20k |
| Cash flow | €26k | €28k |
| Staff costs | - | - |
| Income taxes | €6k | €6k |
| Dividends | - | - |
| Total assets | €94k | €56k |
| Equity | €40k | €22k |
| Debt | €54k | €34k |
| of which ≤ 1y | €49k | €20k |
| of which > 1y | €4k | €13k |
| Working capital | €21k | €10k |
| Employees (FTE) | - | - |
Ratios (computed)
| 2025 | 2024 | |
|---|---|---|
| Current ratio | 1.44 | 1.51 |
| Quick ratio | 1.12 | 1.51 |
| Working capital ratio | 22.8% | 18.3% |
| Solvency | 42.7% | 39.4% |
| Debt / equity | 1.34 | 1.54 |
| Long-term debt ratio | 0.11 | 0.59 |
| Interest coverage | 49.30 | 27.71 |
| Gross margin | - | - |
| Net margin | - | - |
| ROA | 19.3% | 35.8% |
| ROE | 45.3% | 90.9% |
| EBITDA margin | - | - |
| Days sales outstanding | - | - |
| Days payable outstanding | - | - |
| Inventory turnover | - | - |
| Days inventory (DSI) | - | - |
Balance-sheet composition 2025
Full annual accounts (25 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 | 2024 |
|---|---|---|---|
| Balance sheet, Assets | |||
| TOTAL ASSETS | 20/58 | €94k | €56k |
| Fixed assets | 21/28 | €23k | €26k |
| Intangible fixed assets | 21 | €636 | €845 |
| Tangible fixed assets | 22/27 | €23k | €24k |
| Financial fixed assets | 28 | - | €1k |
| Current assets | 29/58 | €70k | €30k |
| Stocks & contracts in progress | 3 | €15k | - |
| Amounts receivable within one year | 40/41 | €27k | €16k |
| Cash & bank | 54/58 | €25k | €11k |
| Balance sheet, Equity & liabilities | |||
| TOTAL EQUITY & LIABILITIES | 10/49 | €94k | €56k |
| Equity | 10/15 | €40k | €22k |
| Contributions / capital | 10/11 | €2k | €2k |
| Reserves | 13 | €38k | €20k |
| Amounts payable | 17/49 | €54k | €34k |
| Amounts payable after one year | 17 | €4k | €13k |
| Amounts payable within one year | 42/48 | €49k | €20k |
| Trade debts payable within one year | 44 | €36k | €7k |
| Income statement | |||
| Gross operating margin | 9900 | €33k | €35k |
| Operating result | 9901 | €24k | €27k |
| Financial income | 75 | €21 | €38 |
| Financial charges | 65 | €653 | €1k |
| Result before taxes | 9903 | €24k | €26k |
| Income taxes | 67/77 | €6k | €6k |
| Net result for the period | 9904 | €18k | €20k |
| Result to be appropriated | 9905 | €18k | €20k |
Legal Structure
| NACE primary | Joinery installation(43320) |
| Legal form | Private limited company(610) |
| Incorporation | 16-03-2023 |
| Status | Active |
| Postal code | 8560 |
Establishment units
Warandestraat 91, 8560 Wevelgem
since 20232.343.376.577
Real-estate footprint
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34012C0391/00M006 | Flanders | 512 m² | 1 · 294 m² | 11.3 m · 1 fl. |
| 34029B1298/00A004 | Flanders | 355 m² | 1 · 117 m² | 7.7 m · 1 fl. |
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
Next filing, fiscal year 2026, expected by
2026
25-03
State Gazette act
Registered officeBoard meeting · Registered-office move2 facts ▸
State Gazette act
Registered office
Board meeting · Registered-office move2 facts ▸
- Board meeting, 04/03/2026
- Registered-office move, Oude leperstraat 35, 8560 Gullegem
2025
03-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
14-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
State Gazette actNBB filing
Belgian State Gazette reading coverage
Of the 2 Belgian State Gazette acts we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Belgisch Staatsblad, acts
Address history · 1
25-03-2026
Seat change: to: Oude leperstraat 35, 8560 Gullegem, from: Warandestraat 91, 8560 Wevelgem, effective_date: 2026-03-04
All acts · 2
updated 5 months ago
2026
25-03-2026 Board meeting · Seat change
- Publication: 25/03/2026 · Boutec
- Filing: 17/03/2026 · Boutec
- Board meeting: 04/03/2026 · Boutec
- Seat change: to: Oude leperstraat 35, 8560 Gullegem, from: Warandestraat 91, 8560 Wevelgem, effective_date: 2026-03-04 · Boutec
Summary:
Board meeting · Seat change
Technical details
{
"facts": [
{
"date": "2026-03-25",
"type": "publication",
"quote": "Bijlagen bij het Belgisch Staatsblad - 25/03/2026",
"value": "25/03/2026",
"object": null,
"subject": "e1"
},
{
"date": "2026-03-17",
"type": "filing",
"quote": "NEERLEGGING TER GRIFFIE ... 17 MAART 2026",
"value": "17/03/2026",
"object": null,
"subject": "e1"
},
{
"date": "2026-03-04",
"type": "board_meeting",
"quote": "Op 04/03/2026 heeft het bevoegde bestuursorgaan als volgt beslist",
"value": "04/03/2026",
"object": null,
"subject": "e1"
},
{
"date": "2026-03-04",
"type": "seat_change",
"quote": "Het bestuur beslist dat de zetel van de vennootschap zal worden verplaatst van Warandestraat 91, 8560 Wevelgem naar Oude leperstraat 35, 8560 Gullegem, en dit vanaf 04/03/2026.",
"value": {
"to": "Oude leperstraat 35, 8560 Gullegem",
"from": "Warandestraat 91, 8560 Wevelgem",
"effective_date": "2026-03-04"
},
"object": null,
"subject": "e1",
"_value_raw": {
"to": "Oude leperstraat 35, 8560 Gullegem",
"from": "Warandestraat 91, 8560 Wevelgem",
"effective_date": "04/03/2026"
}
}
],
"act_meta": {
"outcome": "clean",
"model_id": 50,
"verified": true,
"extractor": "verified-v1",
"ocr_chars": 1258,
"truncated": false
},
"entities": [
{
"id": "e1",
"kbo": "0799.606.632",
"kind": "company",
"name": "Boutec",
"attrs": {}
},
{
"id": "e2",
"kbo": null,
"kind": "person",
"name": "Boutoille Micha\u00EBl",
"attrs": {}
}
]
}2023
20-03-2023 Incorporation of a new BV
Summary:
oprichting
Technical details
{
"kind": "oprichting",
"seat": "8560 Wevelgem (Moorsele), Warandestraat 91",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": null,
"name": "Micha\u00EBl Boutoille",
"niss": null,
"address": "8560 Wevelgem (Moorsele), Warandestraat 91"
},
"share_class": "naam",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 2000.0,
"holder_person_name": "Micha\u00EBl Boutoille",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 2000.0,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 2000.0,
"subject_company": {
"kbo": "0799.606.632",
"name_full": "Boutec",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2023-03-15",
"post_incorporation_mandates": []
}Credit advice
Company registry (CBE)
Activities
Joinery installation43320Sawmilling and planing of wood16110Manufacture of other wood products16281Manufacture of metal structures and parts of structures25110Other construction installation43240Specialised construction activities43299
Names & trade names
| Legal nameNL | Boutec |
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