BOUW GROUP
ActiveSummary
The computed 12-month bankruptcy probability of BOUW GROUP is 12.9% (high). The 2025 annual accounts show negative equity (-€70,658) and a net result of -€119,391. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 7730 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-86
Solvency0▼-53
Growth32▼-46
Track record86
Bankruptcy probability, 12 months
12.9%
High
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.42 against 1.18 in 2024; short-term debt: 135.8% of total assets), and equity is negative.
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Signals
Nine signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-61.3%
Return on assets
-103.7%
Age of the figures
12 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
22232425
2022 to 2025 · latest year -€70,658
neutral · Filed after the deadline
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-05-2026, 31 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 · 4 filingsDeviation from the deadline
2025
31 d late
2024
28 d late
2023
137 d early
2022
30 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 12 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
Checked, nothing found (1)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 29 May (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close01-10-2026 today30-04-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark
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Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
-€70,658
2024 · €48,733
Total assets
€115,175▼ 33.9%
2024 · €174,281
Net result
-€119,391
2024 · €24,041
Working capital
-€91,286
2024 · €17,713
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result-€1,881-€30,361€33,241▲ 9.5%-€118,714
Net result-€2,217below the sector's middle half-€24,908within the sector's middle half€24,041within the sector's middle half▼ 3.5%-€119,391below the sector's middle half
Equity-€217below the sector's middle half-€24,691within the sector's middle half€48,733within the sector's middle half▲ 97.4%-€70,658below the sector's middle half
Total assets€780below the sector's middle half-€49,214below the sector's middle half▲ 6,209%€174,281within the sector's middle half▲ 254%€115,175within the sector's middle half▼ 33.9%
Debt€997-€24,523▲ 2,360%€125,548▲ 412%€185,834▲ 48.0%
Working capital-€217below the sector's middle half-€15,636within the sector's middle half€17,713within the sector's middle half▲ 13.3%-€91,286below the sector's middle half
Solvency50.2%within the sector's middle half28.0%within the sector's middle half▼ 22.2pp-61.3%below the sector's middle half▼ 89.3pp
Current ratio1.64within the sector's middle half1.18within the sector's middle half▼ 0.450.42below the sector's middle half▼ 0.77
Return on assets (ROA)50.6%above the sector's middle half13.8%within the sector's middle half▼ 36.8pp-103.7%below the sector's middle half▼ 117.5pp
above
within
below
the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €118,714 after €33,241 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €115,175
Fixed assets
€50,059 ▼ 17.4%
Current assets
€65,117 ▼ 42.7%
Equity and liabilities
Equity-€70,658
Debt€185,834
Equity is negative: debt (€185,834) exceeds the balance-sheet total (€115,175).
Key figures and ratios
EBITDA
-€107,055▼
2024 · €38,089
Cash flow
-€107,732▼
2024 · €28,890
Interest coverage
80.72▲
2024 · 48.13
Debt ≤ 1 year
€156,403▲
2024 · €95,934
Debt > 1 year
€29,431=
2024 · €29,431
Income taxes
€2,022▼
2024 · €8,410
Staff costs
€17,924▼
2024 · €42,064
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,010 companies that looked in July 2024 the way this one looks now, 7.9% went bankrupt within 24 months and 83% are still going.
- Micro
- 5 to 10 years old
- negative equity
- a loss of 10% of the balance sheet or more
7.9%
went bankrupt
8.4%
stopped otherwise
83%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 12.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 6,010 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €15,336 | €42,064 | €17,924 | ▼ 57.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €958 | €2,750 | €4,849 | €11,659 | ▲ 140% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | €1,576 | €1,576 | €1,576 | = |
| Other operating charges640/8 | - | €940 | €1,369 | €3,940 | ▲ 188% |
| Gross operating margin9900 | -€923 | €50,964 | €83,099 | -€83,615 | ▼ 201% |
| Operating profit (loss)9901 | -€1,881 | €30,361 | €33,241 | -€118,714 | ▼ 457% |
| Financial income75/76B | - | €275 | €2 | €19 | ▲ 654% |
| Recurring financial income75 | - | €275 | €2 | €19 | ▲ 654% |
| Financial charges65/66B | €336 | €128 | €791 | -€1,326 | ▼ 268% |
| Recurring financial charges65 | €336 | €128 | €791 | -€1,326 | ▼ 268% |
| Profit (loss) for the period before taxes9903 | -€2,217 | €30,508 | €32,452 | -€117,369 | ▼ 462% |
| Income taxes67/77 | - | €5,600 | €8,410 | €2,022 | ▼ 76.0% |
| Profit (loss) for the period9904 | -€2,217 | €24,908 | €24,041 | -€119,391 | ▼ 597% |
| Profit (loss) for the period to be appropriated9905 | -€2,217 | €24,908 | €24,041 | -€119,391 | ▼ 597% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €780 | €49,214 | €174,281 | €115,175 | ▼ 33.9% |
| Formation expenses20 | €0 | €0 | €0 | €0 | - |
| Fixed assets21/28 | - | €9,056 | €60,633 | €50,059 | ▼ 17.4% |
| Tangible fixed assets22/27 | - | €9,056 | €58,733 | €47,159 | ▼ 19.7% |
| Plant, machinery and equipment23 | - | - | €1,009 | €618 | ▼ 38.7% |
| Furniture and vehicles24 | - | €9,056 | €57,725 | €46,540 | ▼ 19.4% |
| Financial fixed assets28 | - | - | €1,900 | €2,900 | ▲ 52.6% |
| Current assets29/58 | €780 | €40,158 | €113,647 | €65,117 | ▼ 42.7% |
| Amounts receivable within one year40/41 | €780 | €38,436 | €85,852 | €65,117 | ▼ 24.2% |
| Trade receivables40 | - | €29,711 | €71,861 | €51,126 | ▼ 28.9% |
| Other amounts receivable41 | €780 | €8,725 | €13,991 | €13,991 | = |
| Cash at bank and in hand54/58 | €0 | €1,722 | €27,795 | - | - |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €780 | €49,214 | €174,281 | €115,175 | ▼ 33.9% |
| Equity10/15 | -€217 | €24,691 | €48,733 | -€70,658 | ▼ 245% |
| Contributions10/11 | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Profit (loss) carried forward14 | -€2,217 | €22,691 | €46,733 | -€72,658 | ▼ 255% |
| Amounts payable17/49 | €997 | €24,523 | €125,548 | €185,834 | ▲ 48.0% |
| Amounts payable after more than one year17 | - | - | €29,431 | €29,431 | = |
| Financial debts170/4 | - | - | €29,431 | €29,431 | = |
| Amounts payable within one year42/48 | €997 | €24,523 | €95,934 | €156,403 | ▲ 63.0% |
| Financial debts43 | - | - | €13,569 | €5,791 | ▼ 57.3% |
| Credit institutions430/8 | - | - | €13,569 | €5,791 | ▼ 57.3% |
| Trade debts44 | €958 | €11,834 | €47,868 | €90,691 | ▲ 89.5% |
| Suppliers440/4 | €958 | €11,834 | €47,868 | €90,691 | ▲ 89.5% |
| Taxes, remuneration and social security45 | - | €11,861 | €34,497 | €53,791 | ▲ 55.9% |
| Taxes450/3 | - | €5,600 | €12,344 | €550 | ▼ 95.5% |
| Remuneration and social security454/9 | - | €6,261 | €22,153 | €53,241 | ▲ 140% |
| Other amounts payable47/48 | €39 | €828 | - | €6,130 | - |
| Accrued charges and deferred income492/3 | - | - | €183 | - | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,217 | €24,908 | €24,041 | -€119,391 | ▼ 597% |
| + Depreciation and write-downs630 | €958 | €2,750 | €4,849 | €11,659 | ▲ 140% |
| Operating cash flow (approximation) | -€1,259 | €27,658 | €28,890 | -€107,732 | ▼ 473% |
| Investment in fixed assets (approximation) | - | - | -€56,426 | -€1,084 | ▲ 98.1% |
| Change in cash | - | €1,722 | €26,073 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
31-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
24-11
KBO administration
Address struck
30-09
Financial
Weakest financial yearnet -€119,391
Net result drops to -€119,391, the lowest in the series.
28-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2023
15-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-09
Financial
Back to profitnet €24,908
Net result €24,908 after one loss-making year.
30-09
Financial
Liquidity doublescurrent ratio 1.64
Current ratio from 0.78 to 1.64.
30-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 6 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Asse · 2 establishment units since 2022
Ground area
369 m²
Building footprint
167 m²
Volume, LiDAR
876 m³
Parcel 23322E0103/00N000, Flanders · tallest building 10.1 m, ±1 floor. Linked by address, not a title deed.
73
companies at this address
See who is registered here
2 establishment units
BOUW GROUP
since 20222.333.034.595
Location Cars Adam
since 20242.356.460.095
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23322E0103/00N000 | Flanders | 369 m² | 1 · 167 m² | 10.1 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 29,766 companies in this sector we hold annual accounts for 16,066. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded14-12-2020
Fiscal year end30-09
Activities, NACEBEL 2025
41001General construction of residential buildings
43910Bricklaying and masonry work
41003General construction of other non-residential buildings
43212Electrical installation work in industrial facilities
43221Plumbing work
43310Plastering work
43410Roofing work
Contact
E-mail
groupbouw@gmail.com
Phone
0467635972
E-invoicing
Reachable via Peppol
Peppol ID
0208:0759771997
Also
9925:BE0759771997
Registered
24-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.