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 11210 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
25
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability6▲+6
Solvency0=
Growth32=
Track record100
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; short-term debt: 106.2% and cash: 3.4% of total assets), 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
The 2025 annual accounts show negative equity and a net loss.
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
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 4,010 companies in sector 43310 we hold annual accounts for 1,745. 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.