BOUWHEER DEVELOPMENT GROUP
ActiveBOUWHEER DEVELOPMENT GROUP has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-619k) and a net result of €-65k. Equity is shrinking by ~23.1% per year across the filed fiscal years. Its solvency ranks better than 9% of 11206 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
15
/ 100
Critical▼ -7 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability52▼-48
Solvency43▼-3
Growth32=
Stability100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.94 against 1.07 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+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 →
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
-99.2%
Return on assets
-10.3%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year -€619k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-07-2026, 22 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
22 d early
2024
51 d early
2023
43 d early
2022
38 d early
2021
31 d late
2020
32 d early
2019
46 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-619k▼ 11.6%
2024 · €-555k
2018: €12k
2019: €-291k
2020: €-217k
2021: €-371k
2022: €-277k
2023: €-412k
2024: €-555k
2018 → 2025
Total assets
€624k▼ 5.1%
2024 · €658k
2018: €481k
2019: €626k
2020: €705k
2021: €783k
2022: €366k
2023: €905k
2024: €658k
2018 → 2025
Net result
€-65k▲ 54.7%
2024 · €-143k
2018: €139k
2019: €-303k
2020: €75k
2021: €-155k
2022: €62k
2023: €-135k
2024: €-143k
2018 → 2025
Working capital
€-40k
2024 · €44k
2018: €2k
2019: €-297k
2020: €-195k
2021: €-389k
2022: €-297k
2023: €99k
2024: €44k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-371k-€-277k▲ 25.3%€-412k▼ 48.7%€-555k▼ 34.6%€-619k▼ 11.6%
Operating result€-146k-€79k€-125k€-105k▲ 15.9%€-41k▲ 61.0%
Net result€-155k-€62k€-135k€-143k▼ 5.7%€-65k▲ 54.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €41k in 2025 against €105k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €624k
Fixed assets
€1k▼ 64.7%
Current assets
€623k▼ 4.8%
Key figures and ratios
EBITDA
€-38k▲
2024 · €-101k
Cash flow
€-62k▲
2024 · €-139k
Solvency
-99.2%▼
2024 · -84.3%
Current ratio
0.94▼
2024 · 1.07
Quick ratio
0.21▼
2024 · 0.31
Debt / equity
-2.01▲
2024 · -2.19
ROE
10.4%▼
2024 · 25.7%
ROA
-10.3%▲
2024 · -21.7%
Interest coverage
-1.40▲
2024 · -2.45
Debt
€1.24M▲
2024 · €1.21M
Debt ≤ 1 year
€663k▲
2024 · €610k
Debt > 1 year
€581k▼
2024 · €602k
Income taxes
€301=
2024 · €301
Staff costs
€44k▼
2024 · €51k
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€658k€624k▼
Fixed assets21/28€4k€1k▼
Tangible fixed assets22/27€4k€1k▼
Plant, machinery and equipment23€2k€787▼
Furniture and vehicles24€2k€602▼
Current assets29/58€654k€623k▼
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Stocks and contracts in progress3€467k€483k▲
Stocks30/36€467k€483k▲
Amounts receivable within one year40/41€6k€17k▲
Trade receivables40€5k€14k▲
Other amounts receivable41€857€3k▲
Current investments50/53€100k€100k=
Cash at bank and in hand54/58€81k€21k▼
Deferred charges and accrued income490/1€13€2k▲
Equity and liabilities
Total equity and liabilities10/49€658k€624k▼
Equity10/15€-555k€-619k▼
Contributions10/11€50k€50k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-607k€-671k▼
Amounts payable17/49€1.21M€1.24M▲
Amounts payable after more than one year17€602k€581k▼
Financial debts170/4€602k€581k▼
Amounts payable within one year42/48€610k€663k▲
Current portion of amounts payable after more than one year42€23k€23k▲
Financial debts43€0€4k▲
Credit institutions430/8€0€4k▲
Trade debts44€3k€6k▲
Suppliers440/4€3k€6k▲
Taxes, remuneration and social security45€4k€0▼
Taxes450/3€743€0▼
Remuneration and social security454/9€4k€0▼
Other amounts payable47/48€580k€630k▲
Income statement
Code20242025
Remuneration, social security and pensions62€51k€44k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€4k€3k▼
Gross operating margin9900€-45k€9k▲
Operating profit (loss)9901€-105k€-41k▲
Financial income75/76B€4k€4k▲
Recurring financial income75€4k€4k▲
Financial charges65/66B€41k€27k▼
Recurring financial charges65€41k€27k▼
Profit (loss) for the period before taxes9903€-142k€-64k▲
Income taxes67/77€301€301=
Profit (loss) for the period9904€-143k€-65k▲
Profit (loss) for the period to be appropriated9905€-143k€-65k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-607k€-671k▼
Profit (loss) brought forward from the previous period14P€-464k€-607k▼
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
Next filing, fiscal year 2026, expected by
2026
09-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity doublescurrent ratio 1.12
Current ratio from 0.54 to 1.12.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €62k
Net result €62k after one loss-making year.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €75k
Net result €75k after one loss-making year.
15-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-303k ▼318%
Net result drops to €-303k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
23-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 23 days late
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Antwerpen · 1 establishment unit since 2006
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.
Strijdhoflaan 432600 AntwerpenGround area
298 m²
Building footprint
100 m²
Parcel 11303C0222/00R005, Flanders. Linked by address, not a title deed.
1 establishment unit
Elicom
since 20062.179.481.815
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11303C0222/00R005 | Flanders | 298 m² | 1 · 100 m² | - |
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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Of 4,011 companies in sector 43310 we hold annual accounts for 1,746. 1,115 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-06-2006
Fiscal year end31-12
Activities, NACEBEL
43310Plastering work
46190Agents in non-specialised wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.