BOUWHULP
ActiveThe computed 12-month bankruptcy probability of BOUWHULP is 2.3% (moderate). The 2025 annual accounts show equity of €10k and a net result of €-1k. Equity is shrinking by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 40% of 7391 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
39
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability14▼-34
Solvency59▲+5
Growth32=
Track record100
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Liquidity ample (current ratio 1.63 against 2.13 in 2024; short-term debt: 61.4% and cash: 0.7% of total assets), but 66% 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.
+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 · 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
Sector 41
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
34%
Return on assets
-3.6%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 31-03-2026, 30 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
30 d early
2024
30 d early
2023
30 d early
2022
3 d early
2021
25 d early
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
20-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€10k▼ 9.6%
2024 · €11k
2021: €13k
2022: €16k
2023: €10k
2024: €11k
2021 → 2025
Total assets
€30k▼ 23.6%
2024 · €40k
2021: €38k
2022: €67k
2023: €44k
2024: €40k
2021 → 2025
Net result
€-1k
2024 · €2k
2021: €11k
2022: €3k
2023: €-6k
2024: €2k
2021 → 2025
Working capital
€12k▼ 44.3%
2024 · €21k
2021: €5k
2022: €-204
2023: €-15k
2024: €21k
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€13k-€16k▲ 20.7%€10k▼ 38.0%€11k▲ 16.9%€10k▼ 9.6%
Operating result€15k-€7k▼ 54.5%€-5k€3k€-587
Net result€11k-€3k▼ 76.4%€-6k€2k€-1k
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 €587 after €3k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €30k
Equity
€10k▼ 9.6%
Debt
€20k▼ 29.2%
The debt ratio falls from 71.3% to 66.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-482▼
2024 · €3k
Cash flow
€-987▼
2024 · €2k
Solvency
34.0%▲
2024 · 28.7%
Current ratio
1.63▼
2024 · 2.13
Quick ratio
1.63▼
2024 · 2.13
Debt / equity
1.94▼
2024 · 2.48
ROE
-10.6%▼
2024 · 14.5%
ROA
-3.6%▼
2024 · 4.2%
Interest coverage
-0.95▼
2024 · 2.92
Debt
€20k▼
2024 · €28k
Debt ≤ 1 year
€19k▲
2024 · €19k
Debt > 1 year
€1k▼
2024 · €10k
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€40k€30k▼
Fixed assets21/28€105-
Tangible fixed assets22/27€105-
Plant, machinery and equipment23€105-
Current assets29/58€40k€30k▼
Amounts receivable within one year40/41€39k€30k▼
Other amounts receivable41€39k€30k▼
Cash at bank and in hand54/58€513€209▼
Equity and liabilities
Total equity and liabilities10/49€40k€30k▼
Equity10/15€11k€10k▼
Contributions10/11€3k€3k=
Reserves13€9k€8k▼
Distributable reserves133€9k€8k▼
Amounts payable17/49€28k€20k▼
Amounts payable after more than one year17€10k€1k▼
Financial debts170/4€10k€1k▼
Amounts payable within one year42/48€19k€19k▲
Current portion of amounts payable after more than one year42€8k€8k▲
Other amounts payable47/48€10k€10k▼
Income statement
Code20242025
Non-recurring operating income76A€8k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€138€105▼
Other operating charges640/8€534€387▼
Gross operating margin9900€3k€-94▼
Operating profit (loss)9901€3k€-587▼
Financial charges65/66B€928€505▼
Recurring financial charges65€928€505▼
Profit (loss) for the period before taxes9903€2k€-1k▼
Profit (loss) for the period9904€2k€-1k▼
Profit (loss) for the period to be appropriated9905€2k€-1k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2k€-1k▼
Transfer from equity791/2-€1k
Transfer to equity691/2€2k-
To other reserves6921€2k-
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
31-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-09
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
30-09
Financial
Liquidity times 36current ratio 2.13
Current ratio from 0.06 to 2.13.
31-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Weakest financial yearnet €-6k ▼321%
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
27-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
05-04
NBB filing
Annual accounts filed
fiscal year 2021 · micro 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, Beveren-Kruibeke-Zwijndrecht · 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.
Pauwstraat(MEL) 739120 Beveren-Kruibeke-ZwijndrechtGround area
646 m²
Building footprint
107 m²
Volume, LiDAR
490 m³
Parcel 46016D0391/00D000, Flanders · tallest building 10.7 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BOUWHULP
since 20192.296.613.174
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46016D0391/00D000 | Flanders | 646 m² | 1 · 107 m² | 10.7 m · 1 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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Of 29,801 companies in sector 41001 we hold annual accounts for 16,041. 9,377 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-12-2019
Fiscal year end30-09
Activities, NACEBEL
41001General construction of residential buildings
43211General electrical installation work
68310Real estate agency activities
68311Real estate activities
74909Other professional, scientific and technical activities
74999Other professional, scientific and technical activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.