BOUWTECH SYSTEMS
ActiveSummary
The computed 12-month bankruptcy probability of BOUWTECH SYSTEMS is 3.1% (moderate). The 2025 annual accounts show equity of €25,491 and a net result of €8,082. Equity is growing by ~19.1% per year across the filed fiscal years. Its solvency ranks better than 16% of 7500 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
Axes · tick = 2024
Profitability71▲+1
Solvency32▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
3.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days only on tighter terms
Liquidity short (current ratio 0.13 against 0.1 in 2024; short-term debt: 93.1% and cash: 3.5% of total assets), and 93.1% 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 · 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
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
6.9%
Return on assets
2.2%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 7500 sector peers (2025).
NBB · sector comparisonPosition among 7500 sector peers
Solvency
better than 16%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-09-2026, 42 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 6 filingsDeviation from the deadline
2025
42 d late
2024
85 d late
2023
90 d late
2022
87 d late
2021
84 d late
2020
93 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
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Financials · fiscal year 2025, micro schema
Equity
€25,491▲ 46.4%
2024 · €17,410
Total assets
€369,809▲ 2.7%
2024 · €360,079
Net result
€8,082▲ 240%
2024 · €2,374
Working capital
-€298,819▲ 3.0%
2024 · -€307,984
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€3,998▼ 20.7%-€2,673€6,610€2,519▼ 61.9%€11,201▲ 345%
Net result€3,097▼ 32.3%-€2,919€5,284€2,374▼ 55.1%€8,082▲ 240%
Equity€12,670▲ 32.4%€9,751▼ 23.0%€15,036▲ 54.2%€17,410▲ 15.8%€25,491▲ 46.4%
Total assets€340,228▼ 1.5%€363,424▲ 6.8%€357,027▼ 1.8%€360,079▲ 0.9%€369,809▲ 2.7%
Debt€327,557▼ 2.4%€353,672▲ 8.0%€341,992▼ 3.3%€342,670▲ 0.2%€344,317▲ 0.5%
Working capital-€298,050▲ 1.0%-€319,792▼ 7.3%-€312,358▲ 2.3%-€307,984▲ 1.4%-€298,819▲ 3.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 345% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €369,809
Fixed assets
€324,310 ▼ 0.3%
Current assets
€45,499 ▲ 31.2%
Equity and liabilities €369,809
Equity
€25,491 ▲ 46.4%
Debt
€344,317 ▲ 0.5%
Debt's share of the balance-sheet total falls from 95.2% to 93.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€12,285▲
2024 · €4,519
Cash flow
€9,165▲
2024 · €4,374
Current ratio
0.13▲
2024 · 0.10
Debt to equity
13.51▼
2024 · 19.68
ROE
31.7%▲
2024 · 13.6%
ROA
2.2%▲
2024 · 0.7%
Interest coverage
70.79▲
2024 · 31.17
Debt ≤ 1 year
€344,317▲
2024 · €342,670
Income taxes
€2,946
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €1,107 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €2,673 | €2,150 | €2,000 | €1,083 | ▼ 45.8% |
| Other operating charges640/8 | €4,481 | - | €255 | €4 | - | - |
| Gross operating margin9900 | €8,479 | - | €10,122 | €4,523 | €12,285 | ▲ 172% |
| Operating profit (loss)9901 | €3,998 | -€2,673 | €6,610 | €2,519 | €11,201 | ▲ 345% |
| Financial income75/76B | - | - | €135 | - | - | - |
| Recurring financial income75 | - | - | €135 | - | - | - |
| Financial charges65/66B | €901 | €246 | €1,461 | €145 | €174 | ▲ 19.7% |
| Recurring financial charges65 | €901 | €246 | €1,461 | €145 | €174 | ▲ 19.7% |
| Profit (loss) for the period before taxes9903 | €3,097 | -€2,919 | €5,284 | €2,374 | €11,028 | ▲ 365% |
| Income taxes67/77 | - | - | - | - | €2,946 | - |
| Profit (loss) for the period9904 | €3,097 | -€2,919 | €5,284 | €2,374 | €8,082 | ▲ 240% |
| Profit (loss) for the period to be appropriated9905 | €3,097 | -€2,919 | €5,284 | €2,374 | €8,082 | ▲ 240% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €340,228 | €363,424 | €357,027 | €360,079 | €369,809 | ▲ 2.7% |
| Fixed assets21/28 | €310,720 | €329,543 | €327,393 | €325,393 | €324,310 | ▼ 0.3% |
| Intangible fixed assets21 | €7,083 | €5,083 | €3,083 | €1,083 | - | - |
| Tangible fixed assets22/27 | €303,437 | €324,260 | €324,110 | €324,110 | €324,110 | = |
| Land and buildings22 | €302,614 | €324,110 | €324,110 | €324,110 | €324,110 | = |
| Furniture and vehicles24 | €823 | €150 | - | - | - | - |
| Financial fixed assets28 | €200 | €200 | €200 | €200 | €200 | = |
| Current assets29/58 | €29,507 | €33,881 | €29,634 | €34,686 | €45,499 | ▲ 31.2% |
| Amounts receivable within one year40/41 | €29,353 | €33,867 | €29,302 | €29,907 | €32,448 | ▲ 8.5% |
| Trade receivables40 | €29,302 | €29,302 | €29,302 | €29,907 | €32,448 | ▲ 8.5% |
| Other amounts receivable41 | €50 | €4,564 | - | - | - | - |
| Cash at bank and in hand54/58 | €155 | €14 | €332 | €4,779 | €13,050 | ▲ 173% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €340,228 | €363,424 | €357,027 | €360,079 | €369,809 | ▲ 2.7% |
| Equity10/15 | €12,670 | €9,751 | €15,036 | €17,410 | €25,491 | ▲ 46.4% |
| Contributions10/11 | €5,000 | €5,000 | €5,000 | €5,000 | €5,000 | = |
| Profit (loss) carried forward14 | €7,670 | €4,751 | €10,036 | €12,410 | €20,491 | ▲ 65.1% |
| Amounts payable17/49 | €327,557 | €353,672 | €341,992 | €342,670 | €344,317 | ▲ 0.5% |
| Amounts payable within one year42/48 | €327,557 | €353,672 | €341,992 | €342,670 | €344,317 | ▲ 0.5% |
| Financial debts43 | - | €55 | - | - | - | - |
| Credit institutions430/8 | - | €55 | - | - | - | - |
| Trade debts44 | - | €26,010 | €22,718 | €22,812 | €22,510 | ▼ 1.3% |
| Suppliers440/4 | - | €26,010 | €22,718 | €22,812 | €22,510 | ▼ 1.3% |
| Advances received on contracts in progress46 | €35,456 | €35,456 | €35,456 | €35,456 | €35,456 | = |
| Taxes, remuneration and social security45 | - | - | - | €315 | €3,765 | ▲ 1,095% |
| Taxes450/3 | - | - | - | €315 | €3,765 | ▲ 1,095% |
| Other amounts payable47/48 | €292,101 | €292,151 | €283,818 | €284,087 | €282,587 | ▼ 0.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,097 | -€2,919 | €5,284 | €2,374 | €8,082 | ▲ 240% |
| + Depreciation and write-downs630 | - | €2,673 | €2,150 | €2,000 | €1,083 | ▼ 45.8% |
| Operating cash flow (approximation) | €3,097 | -€246 | €7,434 | €4,374 | €9,165 | ▲ 110% |
| Investment in fixed assets (approximation) | - | -€21,496 | €0 | €0 | €0 | - |
| Change in cash | - | -€141 | €318 | €4,447 | €8,271 | ▲ 86.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
11-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 42 days late
2025
31-12
Financial
Highest result since 2020net €8,082 ▲240%
Operating result €11,201, net result €8,082, both a record.
24-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 85 days late
2024
29-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 90 days late
2023
31-12
Financial
Back to profitnet €5,284
Net result €5,284 after one loss-making year.
26-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 87 days late
2022
31-12
Financial
Weakest financial yearnet -€2,919
Net result drops to -€2,919, the lowest in the series; recovery starts the following year.
23-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 84 days late
2021
01-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 93 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Brussel · 1 establishment unit since 2019
Ground area
5,144 m²
Building footprint
729 m²
Volume, LiDAR
3,359 m³
2 parcels, Brussels · tallest building 13.8 m, ±4 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BOUWTECH SYSTEMS
since 20192.289.721.028
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21821C0147/00F000 | Brussels | 4,907 m² | 1 · 655 m² | 6.4 m · 1 fl. |
| 21821B0412/00V003 | Brussels | 236 m² | 1 · 74 m² | 13.8 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,039. 12,112 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 (pre-2019)
Founded01-03-2019
Fiscal year end31-12
Activities, NACEBEL 2025
41001General construction of residential buildings
47521Retail sale of hardware, building materials, paint and glass (general range)
81100Combined facilities support activities
81210General cleaning of buildings
Scores and ratios are computed by Checked and are not a credit decision.