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BOUWID

Active
Private limited companyfounded 201115 yrs activeGuffenslaan 44, 3500 Hasselt, BelgiumKBO/BCE: BE 0833.021.152
Summary

The annual accounts of BOUWID for fiscal year 2025 show a net loss of 94% of the equity at the start of that year. The 2025 annual accounts show equity of €121 and a net result of -€1,996. Equity is shrinking by ~22.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2026. Its solvency ranks better than 13% of 2213 sector peers (fiscal year 2025). The company has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.4% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency27▼-56
Growth58▲+26
Track record100
Bankruptcy probability, 12 months
1.4% Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.03; short-term debt: 97.4% and cash: 76.6% of total assets), and 98% of the assets are financed with debt.
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Signals

Six 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 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← 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 2025
Solvency, return and age of the figures
Solvency
2%
Return on assets
-32.4%
Age of the figures
18 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 15 years 0 20 y
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
19202122232425
2019 to 2025 · latest year -€1,996
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 2213 sector peers (2025).
NBB · sector comparison
Position among 2213 sector peers
Solvency
better than 13%
← weakest strongest →
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 02-10-2025, 29 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
29 d early
2024
17 d early
2023
33 d early
2022
47 d early
2021
36 d early
2020
36 d early
2019
42 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 34 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.

Checked, nothing found (2)
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 months
Position in the running window
31-03-2026 close28-09-2026 today31-10-2026 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

BOUWID was incorporated on 21 January 2011.1 Total assets fell from EUR 341,932 in 2019 to EUR 6,158 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2019 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€121▼ 94.3%
2024 · €2,116
Total assets
€6,158▲ 68.8%
2024 · €3,648
Net result
-€1,996▲ 67.3%
2024 · -€6,108
Working capital
€158▼ 92.7%
2024 · €2,148
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€16,589€11,758▼ 29.1%-€13,938-€4,839▲ 65.3%-€1,476▲ 69.5%
Net result€21,179within the sector's middle half▲ 538%€916below the sector's middle half▼ 95.7%-€14,672below the sector's middle half-€6,108below the sector's middle half▲ 58.4%-€1,996below the sector's middle half▲ 67.3%
Equity€21,981below the sector's middle half▲ 16.9%€22,896below the sector's middle half▲ 4.2%€8,224below the sector's middle half▼ 64.1%€2,116below the sector's middle half▼ 74.3%€121below the sector's middle half▼ 94.3%
Total assets€1.9mwithin the sector's middle half▲ 143%€40,490below the sector's middle half▼ 97.9%€9,234below the sector's middle half▼ 77.2%€3,648below the sector's middle half▼ 60.5%€6,158below the sector's middle half▲ 68.8%
Debt€1.9m▲ 146%€17,594▼ 99.1%€1,010▼ 94.3%€1,532▲ 51.8%€6,037▲ 294%
Working capital€571,192▲ 64.9%€22,896▼ 96.0%€8,224▼ 64.1%€2,148▼ 73.9%€158▼ 92.7%
Solvency1.2%below the sector's middle half▼ 1.2pp56.5%within the sector's middle half▲ 55.4pp89.1%above the sector's middle half▲ 32.5pp2.0%below the sector's middle half
above within below the middle half (P25 to P75) of NACE 41, Construction of residential and non-residential buildings, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€20,000-€10,000€0€10,000€20,000Operating result 2021: €16,589€16,589Net result 2021: €21,179€21,179Operating result 2022: €11,758€11,758Net result 2022: €916€916Operating result 2023: -€13,938-€13,938Net result 2023: -€14,672-€14,672Operating result 2024: -€4,839-€4,839Net result 2024: -€6,108-€6,108Operating result 2025: -€1,476-€1,476Net result 2025: -€1,996-€1,99620212022202320242025-€15,000-€10,000-€5,000€0Operating result 2023: -€13,938-€13,900Net result 2023: -€14,672-€14,700Operating result 2024: -€4,839-€4,840Net result 2024: -€6,108-€6,110Operating result 2025: -€1,476-€1,480Net result 2025: -€1,996-€2,000202320242025
The operating result stays negative: a loss of €1,476 in 2025 against €4,839 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €6,158
Equity €121 ▼ 94.3%
Debt €6,037 ▲ 294%
Debt's share of the balance-sheet total rises from 42.0% to 98.0%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
1.03
ROA
-32.4%
Debt ≤ 1 year
€6,000▲
2024 · €1,500
Equity ratios withheld: equity of €121 is too small for a meaningful ratio.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 644 companies that looked in July 2024 the way this one looks now, 3.0% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 10 to 20 years old
  • solvency under 10%
  • a loss of 10% of the balance sheet or more
3.0% went bankrupt
5.4% stopped otherwise
90% still going

A further 2.0% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 1.4% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 644 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 29 lines
Balance sheet Code20242025
Assets
Total assets20/58€3,648€6,158▲
Current assets29/58€3,648€6,158▲
Amounts receivable within one year40/41€1,342€1,443▲
Other amounts receivable41€1,342€1,443▲
Cash at bank and in hand54/58€2,288€4,715▲
Deferred charges and accrued income490/1€18-
Equity and liabilities
Total equity and liabilities10/49€3,648€6,158▲
Equity10/15€2,116€121▼
Contributions10/11€18,600€18,600=
Reserves13€4,296€4,296=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Distributable reserves133€2,436€2,436=
Profit (loss) carried forward14-€20,780-€22,776▼
Amounts payable17/49€1,532€6,037▲
Amounts payable within one year42/48€1,500€6,000▲
Other amounts payable47/48€1,500€6,000▲
Accrued charges and deferred income492/3€32€37▲
Income statement Code20242025
Other operating charges640/8€1,022€449▼
Gross operating margin9900-€3,817-€1,027▲
Operating profit (loss)9901-€4,839-€1,476▲
Financial charges65/66B€1,091€520▼
Recurring financial charges65€1,091€520▼
Profit (loss) for the period before taxes9903-€5,930-€1,996▲
Income taxes67/77€178-
Profit (loss) for the period9904-€6,108-€1,996▲
Profit (loss) for the period to be appropriated9905-€6,108-€1,996▲
Appropriation of the result
Profit (loss) to be appropriated9906-€20,780-€22,776▼
Profit (loss) brought forward from the previous period14P-€14,672-€20,780▼

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A--€3,000---
Other operating charges640/8-€410€930€1,022€449▼ 56.0%
Gross operating margin9900€16,999€12,167-€13,008-€3,817-€1,027▲ 73.1%
Operating profit (loss)9901€16,589€11,758-€13,938-€4,839-€1,476▲ 69.5%
Financial income75/76B-€2,755----
Recurring financial income75€12,172€2,755----
Financial charges65/66B-€12,348€734€1,091€520▼ 52.4%
Recurring financial charges65€7,582€12,348€734€1,091€520▼ 52.4%
Profit (loss) for the period before taxes9903€21,179€2,164-€14,672-€5,930-€1,996▲ 66.3%
Income taxes67/77-€1,248-€178--
Profit (loss) for the period9904€21,179€916-€14,672-€6,108-€1,996▲ 67.3%
Profit (loss) for the period to be appropriated9905€21,179€916-€14,672-€6,108-€1,996▲ 67.3%
Line20212022202320242025Change
Assets
Total assets20/58€1.9m€40,490€9,234€3,648€6,158▲ 68.8%
Current assets29/58€1.9m€40,490€9,234€3,648€6,158▲ 68.8%
Stocks and contracts in progress3€1.7m-----
Amounts receivable within one year40/41€124,426€11,505€785€1,342€1,443▲ 7.5%
Trade receivables40-€116----
Other amounts receivable41-€11,388€785€1,342€1,443▲ 7.5%
Cash at bank and in hand54/58€128,643€28,986€8,448€2,288€4,715▲ 106%
Deferred charges and accrued income490/1---€18--
Equity and liabilities
Total equity and liabilities10/49€1.9m€40,490€9,234€3,648€6,158▲ 68.8%
Equity10/15€21,981€22,896€8,224€2,116€121▼ 94.3%
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Capital10-€18,600----
Issued capital100-€18,600----
Reserves13€3,381€4,296€4,296€4,296€4,296=
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Legal reserve130-€1,860----
Reserves not available under the articles1311--€1,860€1,860€1,860=
Distributable reserves133-€2,436€2,436€2,436€2,436=
Profit (loss) carried forward14-€3,376--€14,672-€20,780-€22,776▼ 9.6%
Amounts payable17/49€1.9m€17,594€1,010€1,532€6,037▲ 294%
Amounts payable after more than one year17€548,702-----
Amounts payable within one year42/48€1.3m€17,594€1,010€1,500€6,000▲ 300%
Trade debts44€58,364€17,194€610---
Suppliers440/4-€17,194€610---
Taxes, remuneration and social security45-€400€400---
Taxes450/3-€400€400---
Other amounts payable47/48---€1,500€6,000▲ 300%
Accrued charges and deferred income492/3---€32€37▲ 15.8%
Line20212022202320242025Change
Profit (loss) for the period9904€21,179€916-€14,672-€6,108-€1,996▲ 67.3%
Operating cash flow (approximation)€21,179€916-€14,672-€6,108-€1,996▲ 67.3%
Change in cash--€99,657-€20,537-€6,160€2,427▲ 139%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-10-2026
2025
02-10
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2024
14-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
28-09
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
31-03
Financial Weakest financial yearnet -€14,672
Net result drops to -€14,672, the lowest in the series; recovery starts the following year.
31-03
Financial Liquidity quadruplescurrent ratio 9.15
Current ratio from 2.30 to 9.15; short-term debt falls from €17,594 to €1,010.
2022
14-09
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
25-09
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
31-03
Financial Highest result since 2019net €21,179 ▲538%
Operating result €16,589, net result €21,179, both a record.
2020
25-09
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial Back to profitnet €3,321
Net result €3,321 after one loss-making year.
2019
19-09
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
21-09
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
25-09
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
12-09
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
3 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, Hasselt · 1 establishment unit since 2011
seat establishment The establishment unit on the map
Ground area
150 m²
Building footprint
125 m²
Volume, LiDAR
1,045 m³
Parcel 71022H0596/00R007, Flanders · tallest building 16.0 m, ±3 floors. Linked by address, not a title deed.
6 companies at this address See who is registered here
1 establishment unit
BOUWID BVBA
Guffenslaan 44, 3500 HasseltCutting, shaping and finishing of stone
since 20112.196.211.147
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
71022H0596/00R007 Flanders 150 m² 1 · 125 m² 16.0 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

1 owner

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 2,456 companies in sector 41003 we hold annual accounts for 1,058. 8 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded21-01-2011
Fiscal year end31-03
Activities, NACEBEL 2025
41003General construction of other non-residential buildings
43240Other construction installation
E-invoicing
Reachable via Peppol
Peppol ID 0208:0833021152
Also 9925:BE0833021152
Registered 19-01-2026

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.