BOUWDESC
ActiveBOUWDESC has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €612k and a net result of €38k. Equity is growing by ~38% per year across the filed fiscal years. Its solvency ranks better than 61% of 9114 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
63
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-26
Solvency70▼-30
Growth78=
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 1.78 against 5.86 in 2024; short-term debt: 55.5% and cash: 1.1% of total assets), but 55.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
44.5%
Return on assets
2.8%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 16-10-2025, 15 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
15 d early
2024
13 d early
2023
5 d early
2022
14 d early
2021
13 d early
2020
22 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close16-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€612k▲ 6.6%
2024 · €574k
2020: €10k
2021: €135k
2022: €246k
2023: €410k
2024: €574k
2020 → 2025
Total assets
€1.38M▲ 97.1%
2024 · €698k
2020: €260k
2021: €454k
2022: €1.16M
2023: €884k
2024: €698k
2020 → 2025
Net result
€38k▼ 76.8%
2024 · €165k
2020: €-2k
2021: €125k
2022: €111k
2023: €164k
2024: €165k
2020 → 2025
Working capital
€598k▲ 5.9%
2024 · €565k
2020: €235k
2021: €126k
2022: €236k
2023: €415k
2024: €565k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€135k-€246k▲ 82.2%€410k▲ 66.7%€574k▲ 40.2%€612k▲ 6.6%
Operating result€177k-€161k▼ 9.2%€236k▲ 46.6%€234k▼ 0.9%€56k▼ 76.1%
Net result€125k-€111k▼ 11.1%€164k▲ 47.8%€165k▲ 0.4%€38k▼ 76.8%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 76% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.38M
Fixed assets
€14k▼ 17.9%
Current assets
€1.36M▲ 100%
Equity and liabilities €1.38M
Equity
€612k▲ 6.6%
Debt
€764k▲ 517%
The debt ratio rises from 17.7% to 55.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€58k▼
2024 · €236k
Cash flow
€40k▼
2024 · €167k
Solvency
44.5%▼
2024 · 82.3%
Current ratio
1.78▼
2024 · 5.86
Quick ratio
0.77▼
2024 · 3.04
Debt / equity
1.25▲
2024 · 0.22
ROE
6.2%▼
2024 · 28.7%
ROA
2.8%▼
2024 · 23.6%
Interest coverage
31.12▼
2024 · 254.51
Debt
€764k▲
2024 · €124k
Debt ≤ 1 year
€764k▲
2024 · €116k
Income taxes
€18k▼
2024 · €71k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€698k€1.38M▲
Fixed assets21/28€17k€14k▼
Tangible fixed assets22/27€8k€5k▼
Plant, machinery and equipment23€8k€5k▼
Financial fixed assets28€10k€9k▼
Current assets29/58€681k€1.36M▲
Stocks and contracts in progress3€327k€773k▲
Stocks30/36€327k€773k▲
Amounts receivable within one year40/41€156k€574k▲
Trade receivables40-€461k
Other amounts receivable41€156k€113k▼
Cash at bank and in hand54/58€197k€15k▼
Deferred charges and accrued income490/1€378€373▼
Equity and liabilities
Total equity and liabilities10/49€698k€1.38M▲
Equity10/15€574k€612k▲
Contributions10/11€13k€13k=
Reserves13€562k€600k▲
Distributable reserves133€562k€600k▲
Amounts payable17/49€124k€764k▲
Amounts payable within one year42/48€116k€764k▲
Trade debts44€11k€40k▲
Suppliers440/4€11k€40k▲
Advances received on contracts in progress46€24k€654k▲
Taxes, remuneration and social security45€81k€70k▼
Taxes450/3€81k€70k▼
Accrued charges and deferred income492/3€8k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k=
Other operating charges640/8€639€2k▲
Gross operating margin9900€237k€60k▼
Operating profit (loss)9901€234k€56k▼
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€928€2k▲
Recurring financial charges65€928€2k▲
Profit (loss) for the period before taxes9903€235k€56k▼
Income taxes67/77€71k€18k▼
Profit (loss) for the period9904€165k€38k▼
Profit (loss) for the period to be appropriated9905€165k€38k▼
Appropriation of the result
Profit (loss) to be appropriated9906€165k€38k▼
Transfer to equity691/2€165k€38k▼
To other reserves6921€165k€38k▼
The notes to these accounts (6 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
2025
16-10
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
18-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
31-03
Financial
Highest result since 2020net €165k ▲0.4%
Net result €165k, the highest in the series.
31-03
Financial
Liquidity triplescurrent ratio 5.86
Current ratio from 1.92 to 5.86; short-term debt falls from €449k to €116k.
31-03
Financial
Equity above €500kEq €574k ▲40.2%
4 profitable years in a row build equity to €574k.
2023
26-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
17-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
31-03
Financial
Equity above €200kEq €246k ▲82.2%
2 profitable years in a row build equity to €246k.
2021
18-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial
Back to profitnet €125k
Net result €125k after one loss-making year.
31-03
Financial
Equity above €100kEq €135k ▲1218%
Equity rises from €10k to €135k.
2020
09-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Diksmuide · 1 establishment unit since 2019
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.
Lange Limaertstraat(V) 68600 DiksmuideGround area
7,031 m²
Building footprint
163 m²
Volume, LiDAR
1,067 m³
Parcel 32024D0128/00K002, Flanders · tallest building 10.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BOUWDESC
since 20192.292.783.951
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32024D0128/00K002 | Flanders | 7,031 m² | 1 · 163 m² | 10.4 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.
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BOMAR INVEST
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MucH
BE 0824.227.212
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NOVA MONS CONSTRUCTION
BE 0650.895.734
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Of 9,697 companies in sector 68121 we hold annual accounts for 7,378. 4,510 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-09-2019
Fiscal year end31-03
Activities, NACEBEL
68121Development of residential building projects
68122Development of non-residential building projects
68110Buying and selling of own real estate
71111Activities of building architects
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.