BOUWDEM
ActiveThe computed 12-month bankruptcy probability of BOUWDEM is 1.9% (moderate). The 2024 annual accounts show equity of €93k and a net result of €36k. Equity is growing by ~11% per year across the filed fiscal years. Its solvency ranks better than 52% of 36376 sector peers (fiscal year 2024). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
59
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability84▲+56
Solvency73▲+23
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.92 against 1.33 in 2023; short-term debt: 51.9% and cash: 0.7% of total assets), but 51.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+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 →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 21-10-2025, 82 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
82 d late
2023
56 d late
2022
91 d late
2021
100 d late
2020
90 d late
2019
122 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€93k▲ 62.4%
2023 · €57k
2018: €54k
2019: €45k
2020: €53k
2021: €63k
2022: €66k
2023: €57k
2018 → 2024
Total assets
€192k▼ 15.4%
2023 · €227k
2018: €71k
2019: €215k
2020: €68k
2021: €122k
2022: €161k
2023: €227k
2018 → 2024
Net result
€36k
2023 · €-9k
2018: €17k
2019: €-8k
2020: €8k
2021: €10k
2022: €3k
2023: €-9k
2018 → 2024
Working capital
€92k▲ 63.5%
2023 · €56k
2018: €51k
2019: €44k
2020: €52k
2021: €62k
2022: €65k
2023: €56k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€53k-€63k▲ 18.6%€66k▲ 4.2%€57k▼ 13.4%€93k▲ 62.4%
Operating result€9k-€16k▲ 85.4%€5k▼ 66.4%€-12k€37k
Net result€8k-€10k▲ 27.2%€3k▼ 72.4%€-9k€36k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €37k after a loss of €12k in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €192k
Fixed assets
€1k=
Current assets
€191k▼ 15.4%
Equity and liabilities €192k
Equity
€93k▲ 62.4%
Debt
€100k▼ 41.4%
The debt ratio falls from 74.9% to 51.9%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
48.1%▲
2023 · 25.1%
Current ratio
1.92▲
2023 · 1.33
Quick ratio
1.92▲
2023 · 1.33
Debt / equity
1.08▼
2023 · 2.98
ROE
38.4%▲
2023 · -15.4%
ROA
18.5%▲
2023 · -3.9%
Debt
€100k▼
2023 · €170k
Debt ≤ 1 year
€100k▼
2023 · €170k
Income taxes
€10k▲
2023 · €449
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€227k€192k▼
Fixed assets21/28€1k€1k=
Financial fixed assets28€1k€1k=
Current assets29/58€226k€191k▼
Amounts receivable within one year40/41€218k€190k▼
Trade receivables40€122k€75k▼
Other amounts receivable41€96k€114k▲
Cash at bank and in hand54/58€8k€1k▼
Equity and liabilities
Total equity and liabilities10/49€227k€192k▼
Equity10/15€57k€93k▲
Contributions10/11€16k€16k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€39k€75k▲
Amounts payable17/49€170k€100k▼
Amounts payable within one year42/48€170k€100k▼
Trade debts44€142k€69k▼
Suppliers440/4€142k€69k▼
Taxes, remuneration and social security45€28k€30k▲
Taxes450/3€4k€14k▲
Remuneration and social security454/9€24k€16k▼
Income statement
Code20232024
Other operating charges640/8€348€2k▲
Gross operating margin9900€-12k€39k▲
Operating profit (loss)9901€-12k€37k▲
Financial income75/76B€4k€9k▲
Recurring financial income75€4k€9k▲
Financial charges65/66B€341€348▲
Recurring financial charges65€341€348▲
Profit (loss) for the period before taxes9903€-8k€46k▲
Income taxes67/77€449€10k▲
Profit (loss) for the period9904€-9k€36k▲
Profit (loss) for the period to be appropriated9905€-9k€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€39k€75k▲
Profit (loss) brought forward from the previous period14P€48k€39k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
21-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 82 days late
2024
31-12
Financial
Back to profitnet €36k
Net result €36k after one loss-making year.
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 56 days late
2023
31-12
Financial
Weakest financial yearnet €-9k ▼422%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
30-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 91 days late
2022
08-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 100 days late
2021
29-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 90 days late
2020
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 4.47
Current ratio from 1.26 to 4.47; short-term debt falls from €169k to €15k.
30-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 122 days late
2019
15-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 76 days late
2018
02-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 63 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 61 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Brussel · 1 establishment unit since 2015
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.
Molenbeeksestraat 821020 BrusselGround area
724 m²
Building footprint
100 m²
Volume, LiDAR
1,273 m³
Parcel 21815D0225/00Y002, Brussels · tallest building 16.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Molenbeeksestraat 82, 1020 Brussel
since 20152.242.546.661
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21815D0225/00Y002 | Brussels | 724 m² | 1 · 100 m² | 16.8 m · 5 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
Junior Construct
BE 0677.547.275
Zaventem · Eq €93k
BAGHE CONSTRUCT
BE 0841.228.342
Soignies · Eq €93k
TOITURE CAMBIER
BE 0831.321.573
Binche · Eq €93k
AJ CONSTRUCT
BE 0872.134.423
Walhain · Eq €92k
HYDROSOL
BE 0771.642.621
Grâce-Hollogne · Eq €92k
Of 15,541 companies in sector 43990 we hold annual accounts for 7,422. 6,249 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded04-06-2015
Fiscal year end31-12
Activities, NACEBEL
43350Other building finishing work
43990Other specialised construction activities
43999Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.