BOUWONDERNEMING DE GREEF
ActiveBOUWONDERNEMING DE GREEF has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.23M and a net result of €32k. Equity is growing by ~10.6% per year across the filed fiscal years. Its solvency ranks better than 51% of 2176 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability52▼-2
Solvency64▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity tight (current ratio 1.44 against 1.64 in 2024; short-term debt: 58% and cash: 4.7% of total assets), and 61.2% 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 · 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 →
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
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
38.8%
Return on assets
1%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
57 d early
2023
21 d early
2022
45 d early
2021
51 d early
2020
37 d early
2019
31 d late
← 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
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.23M▼ 3.4%
2024 · €1.27M
2018: €578k
2019: €829k
2020: €921k
2021: €1.15M
2022: €1.26M
2023: €1.31M
2024: €1.27M
2018 → 2025
Total assets
€3.17M▼ 4.9%
2024 · €3.33M
2018: €4.02M
2019: €3.59M
2020: €2.62M
2021: €3.57M
2022: €3.71M
2023: €3.19M
2024: €3.33M
2018 → 2025
Net result
€32k▲ 129%
2024 · €14k
2018: €165k
2019: €251k
2020: €193k
2021: €225k
2022: €160k
2023: €47k
2024: €14k
2018 → 2025
Working capital
€814k▼ 25.8%
2024 · €1.10M
2018: €423k
2019: €661k
2020: €674k
2021: €714k
2022: €760k
2023: €818k
2024: €1.10M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.15M-€1.26M▲ 10.0%€1.31M▲ 3.8%€1.27M▼ 2.8%€1.23M▼ 3.4%
Operating result€339k-€232k▼ 31.5%€105k▼ 54.6%€80k▼ 24.1%€115k▲ 43.7%
Net result€225k-€160k▼ 28.8%€47k▼ 70.4%€14k▼ 70.7%€32k▲ 129%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 44% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.17M
Fixed assets
€516k=
Current assets
€2.65M▼ 5.8%
Equity and liabilities €3.17M
Equity
€1.23M▼ 3.4%
Debt
€1.94M▼ 5.8%
The debt ratio falls from 61.8% to 61.2%. Equity and debt are lower.
Key figures and ratios
EBITDA
€262k▲
2024 · €231k
Cash flow
€179k▲
2024 · €165k
Solvency
38.8%▲
2024 · 38.2%
Current ratio
1.44▼
2024 · 1.64
Quick ratio
0.58▼
2024 · 0.71
Debt / equity
1.58▼
2024 · 1.62
ROE
2.6%▲
2024 · 1.1%
ROA
1.0%▲
2024 · 0.4%
Interest coverage
3.79▼
2024 · 4.14
Debt
€1.94M▼
2024 · €2.06M
Debt ≤ 1 year
€1.84M▲
2024 · €1.72M
Debt > 1 year
€101k▼
2024 · €341k
Income taxes
€20k▲
2024 · €17k
Staff costs
€968k▲
2024 · €901k
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€3.33M€3.17M▼
Fixed assets21/28€516k€516k=
Tangible fixed assets22/27€436k€402k▼
Plant, machinery and equipment23€285k€272k▼
Furniture and vehicles24€98k€78k▼
Other tangible fixed assets26€54k€52k▼
Financial fixed assets28€80k€114k▲
Current assets29/58€2.81M€2.65M▼
Stocks and contracts in progress3€1.59M€1.58M▼
Stocks30/36-€24k
Contracts in progress37€1.59M€1.55M▼
Amounts receivable within one year40/41€876k€905k▲
Trade receivables40€600k€504k▼
Other amounts receivable41€276k€401k▲
Cash at bank and in hand54/58€346k€148k▼
Deferred charges and accrued income490/1€1k€20k▲
Equity and liabilities
Total equity and liabilities10/49€3.33M€3.17M▼
Equity10/15€1.27M€1.23M▼
Contributions10/11€18k€18k=
Reserves13€711k€667k▼
Non-distributable reserves130/1€17k€17k=
Reserves not available under the articles1311€17k€17k=
Distributable reserves133€694k€650k▼
Profit (loss) carried forward14€544k€544k=
Amounts payable17/49€2.06M€1.94M▼
Amounts payable after more than one year17€341k€101k▼
Financial debts170/4€341k€101k▼
Amounts payable within one year42/48€1.72M€1.84M▲
Current portion of amounts payable after more than one year42€734k€721k▼
Financial debts43€167k-
Credit institutions430/8€167k-
Trade debts44€622k€885k▲
Suppliers440/4€622k€885k▲
Taxes, remuneration and social security45€71k€27k▼
Taxes450/3€56k€661▼
Remuneration and social security454/9€15k€27k▲
Other amounts payable47/48€123k€203k▲
Income statement
Code20242025
Remuneration, social security and pensions62€901k€968k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€151k€147k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€57k
Other operating charges640/8€15k€38k▲
Gross operating margin9900€1.15M€1.33M▲
Operating profit (loss)9901€80k€115k▲
Financial income75/76B€6k€6k▼
Recurring financial income75€6k€6k▼
Financial charges65/66B€56k€69k▲
Recurring financial charges65€56k€69k▲
Profit (loss) for the period before taxes9903€30k€52k▲
Income taxes67/77€17k€20k▲
Profit (loss) for the period9904€14k€32k▲
Profit (loss) for the period to be appropriated9905€14k€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€557k€575k▲
Profit (loss) brought forward from the previous period14P€544k€544k=
Transfer from equity791/2€50k€75k▲
Transfer to equity691/2€14k€32k▲
To other reserves6921€14k€32k▲
Profit to be distributed694/7€50k€75k▲
Return on contributions (dividend)694€50k€75k▲
Social balance
Average headcount (FTE)908717.318.2▲
The notes to these accounts (14 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
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 24 days late
2025
04-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €14k ▼70.7%
Net result drops to €14k, the lowest in the series; recovery starts the following year.
10-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
16-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
10-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €1MEq €1.15M ▲24.4%
4 profitable years in a row build equity to €1.15M.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial
Highest result since 2018net €251k ▲51.8%
Operating result €361k, net result €251k, both a record.
12-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
07-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Ternat · 1 establishment unit since 1989
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.
Assesteenweg 266B1742 TernatGround area
2,993 m²
Building footprint
96 m²
Volume, LiDAR
224 m³
Parcel 23071C0786/00G000, Flanders · tallest building 3.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BV Bouwonderneming De Greef
since 19892.044.613.411
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23071C0786/00G000 | Flanders | 2,993 m² | 1 · 96 m² | 3.2 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.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 1,133 EUR awarded · 1,000 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,000 EUR | 1,000 EUR |
| 2024 | 1 | 133 EUR | 0 EUR |
Schemes
Premie kwalificerend werkplekleren
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
6 categoriesBOUWONDERNEMING DE GREEF BV33085
Dual-learning approval
2 live approvalsMedewerker ruwbouw (vwo)
Medewerker ruwbouw duaal (so)
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 5,658 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-03-1989
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
45211
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
4 entriesWebsite:www.bouwondernemingdegreef.be
E-mail:info@bouwondernemingdegreef.be
Phone:02/582.65.88
Fax:02/582.44.94