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Bouwwerken Cours

Active
Private limited companyfounded 2019active for 7 yearsVaarschootstraat 8, 9270 Laarne, BelgiumKBO/BCE: BE 0724.842.990

From the official registers: KBO 7 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

Bouwwerken Cours has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €361,290 and a net result of €107,810. Equity has been growing by about 26% per year since 2019. Its solvency ranks better than 82% of 17,119 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

KBO
Status
Active since 12-04-2019 Normal situation
Activity
Development of residential building projects NACE 68121and 1 other
Establishment unit
2.288.219.211 9270 Laarne, since 12-04-2019
Financial year end
31 December
Peppol
Reachable since 18-09-2025

Board and ownership

Board
  • Cours BartDirector · since 10-04-2019

Financial position

98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€285,695
▼ 13.4%
Turnover
≈ €500,000
estimated
Profit
€107,810
▼ 17.6%
Equity
€361,290
▲ 33.8%
Total assets
€484,968
▼ 1.7%
Staff
2.4 FTE
▲ 20.0%
Filed on 02-03-2026, 151 days before the deadlinePDF
Score breakdownlowers riskLiquidity: current ratio 3.51, cash €94,221Sector: Real estate activities (NACE 68)Equity €361,290 (74.5% of total assets)Figures for financial year 2025 (filed on 03-03-2026)Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 82% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Strong
Solvency 99+19
equity 74.5% of total assets
Liquidity 66+9
short-term debt 22.6% · cash 19.4%
Profitability 97-3
return on assets 22.2%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,628 companies, NACE 68, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025highest value 05-2025: 0.1%▼ -0.1 percentage points vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026 03-2026: 0.1%● unchanged vs 02-2026 04-2026: < 0.1%▼ -0.1 percentage points vs 03-2026lowest value 05-2026: < 0.1%● unchanged vs 04-2026lowest value 06-2026: < 0.1%● unchanged vs 05-2026lowest value 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.51 (2.07 in 2024), above the usual 1.5. Short-term debt is 22.6% and cash 19.4% of total assets. 25.5% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, micro). It does better than 81% of them on solvency, 77% on liquidity, 89% on profitability and 82% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 3.51, cash €94,221
NBB · annual accounts
lowers risk · Sector: Real estate activities (NACE 68)
KBO
lowers risk · Equity €361,290 (74.5% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 03-03-2026)
NBB · annual accounts
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 02-03-2026, 151 days ahead of the deadline.
NBB · 7 filings
Deviation from the deadline
2025
151 days early
2024
97 days early
2023
47 days early
2022
52 days early
2021
51 days early
2020
45 days early
2019
43 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 69 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 9 June (4 of the last 5 accounts filed within 45 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher net result than 91% of companies in real estatesector median €6,036 · 17,109 companies €107,810 View
  • Positive: Always filed on timeaccounts within the deadline every year 7 years View
  • Positive: 7 profitable years in a rowprofit 2025: €107,810 7 years View
  • Positive: Equity rose in 2025from €269,988 to €361,290 ▲ 33.8% View

Comparable companies

These companies have the same main activity as Bouwwerken Cours: development of residential building projects (NACE 68121). They are comparable in size and age: total assets between €451,000 and €557,000, founded between 2018 and 2019.

CompanyTotal assetsGross margin
Bouwwerken Cours Laarne€484,968€285,695
CRENO Lebbeke€557,342€277,777
BELFA INVEST Trooz€458,433€229,520
BOUWWERKEN GUY SPRANGERS Rijkevorsel€483,401€265,378
LIDICON Bilzen-Hoeselt€528,960€213,912
Idea Corp Brussel€512,025€226,114
IMOYA SERVICES Grimbergen€451,097€229,854
Full comparison

Documents

Annual accounts at the NBB

All 7 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about Bouwwerken Cours

What is the company number of Bouwwerken Cours?
The company number of Bouwwerken Cours is 0724.842.990. The VAT number is the same number with BE in front: BE 0724.842.990.
Where is Bouwwerken Cours based?
The registered office is at Vaarschootstraat 8, 9270 Laarne.Company details
What does Bouwwerken Cours do?
According to the KBO register, the main activity is development of residential building projects (NACE 68121).
What is the legal form of Bouwwerken Cours?
The legal form of Bouwwerken Cours is Private limited company (BV).
When was Bouwwerken Cours founded?
Bouwwerken Cours was founded on 12-04-2019.
Is Bouwwerken Cours still active?
Yes, Bouwwerken Cours is an active enterprise in the KBO register.
How many employees does Bouwwerken Cours have?
Bouwwerken Cours had an average of 2.4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of Bouwwerken Cours?
The turnover in financial year 2025 is ≈ €500,000. This figure is estimated from the gross margin of €285,695 and 45 comparable companies (NACE 681). It probably lies between €390,000 and €840,000.
Is Bouwwerken Cours profitable?
In financial year 2025, Bouwwerken Cours made a profit of €107,810.
Where can I find the annual accounts of Bouwwerken Cours?
Bouwwerken Cours filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts 2025 (PDF)
When are the next annual accounts of Bouwwerken Cours due?
Bouwwerken Cours must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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