BOUWWERKEN RD
ActiveBOUWWERKEN RD has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €56k and a net result of €17k. Equity is growing by ~8% per year across the filed fiscal years. Its solvency ranks better than 93% of 9981 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
87
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4.5k at 30 days acceptable
Liquidity ample (current ratio 7.25 against 4.77 in 2023; short-term debt: 12.4% and cash: 31% of total assets), and 12.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 24-06-2025, 37 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
23 d early
2022
7 d late
2021
17 d late
2020
11 d late
2019
38 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€56k▲ 43.3%
2023 · €39k
2018: €35k
2019: €25k
2020: €26k
2021: €15k
2022: €23k
2023: €39k
2018 → 2024
Total assets
€64k▲ 35.2%
2023 · €47k
2018: €67k
2019: €45k
2020: €41k
2021: €22k
2022: €29k
2023: €47k
2018 → 2024
Net result
€17k▲ 8.9%
2023 · €15k
2018: €13k
2019: €-11k
2020: €1k
2021: €-11k
2022: €8k
2023: €15k
2018 → 2024
Working capital
€49k▲ 60.4%
2023 · €31k
2018: €15k
2019: €10k
2020: €17k
2021: €8k
2022: €22k
2023: €31k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€26k-€15k▼ 41.6%€23k▲ 54.0%€39k▲ 66.0%€56k▲ 43.3%
Operating result€2k-€-11k€9k€16k▲ 82.9%€20k▲ 30.8%
Net result€1k-€-11k€8k€15k▲ 88.1%€17k▲ 8.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 31% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €64k
Fixed assets
€6k▼ 21.7%
Current assets
€57k▲ 47.1%
Equity and liabilities €64k
Equity
€56k▲ 43.3%
Debt
€8k▼ 3.2%
The debt ratio falls from 17.3% to 12.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€25k▲
2023 · €19k
Cash flow
€22k▲
2023 · €19k
Solvency
87.6%▲
2023 · 82.7%
Current ratio
7.25▲
2023 · 4.77
Quick ratio
7.25▲
2023 · 4.77
Debt / equity
0.14▼
2023 · 0.21
ROE
30.2%▼
2023 · 39.8%
ROA
26.5%▼
2023 · 32.9%
Interest coverage
78.95▼
2023 · 152.94
Debt
€8k▼
2023 · €8k
Debt ≤ 1 year
€8k▼
2023 · €8k
Income taxes
€3k▲
2023 · €0
Staff costs
€3k▼
2023 · €5k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€47k€64k▲
Fixed assets21/28€8k€6k▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€8k€6k▼
Plant, machinery and equipment23€3k€1k▼
Furniture and vehicles24€5k€5k▼
Current assets29/58€39k€57k▲
Amounts receivable within one year40/41€7k€37k▲
Trade receivables40-€33k
Other amounts receivable41€7k€4k▼
Cash at bank and in hand54/58€31k€20k▼
Deferred charges and accrued income490/1€1k€513▼
Equity and liabilities
Total equity and liabilities10/49€47k€64k▲
Equity10/15€39k€56k▲
Contributions10/11€12k€12k=
Reserves13€27k€43k▲
Non-distributable reserves130/1€2k-
Reserves not available under the articles1311€2k-
Distributable reserves133€25k€43k▲
Amounts payable17/49€8k€8k▼
Amounts payable within one year42/48€8k€8k▼
Trade debts44€4k€1k▼
Suppliers440/4€4k€1k▼
Taxes, remuneration and social security45€3k-
Remuneration and social security454/9€3k-
Other amounts payable47/48€1,000€7k▲
Income statement
Code20232024
Remuneration, social security and pensions62€5k€3k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€5k▲
Other operating charges640/8€752€800▲
Gross operating margin9900€25k€29k▲
Operating profit (loss)9901€16k€20k▲
Financial charges65/66B€124€321▲
Recurring financial charges65€124€321▲
Profit (loss) for the period before taxes9903€15k€20k▲
Income taxes67/77€0€3k▲
Profit (loss) for the period9904€15k€17k▲
Profit (loss) for the period to be appropriated9905€15k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€14k€17k▲
Profit (loss) brought forward from the previous period14P€-1k-
Transfer to equity691/2€14k€17k▲
To other reserves6921€14k€17k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €17k ▲8.9%
Operating result €20k, net result €17k, both a record.
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
07-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 7 days late
2022
31-12
Financial
Back to profitnet €8k
Net result €8k after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 8.86
Current ratio from 2.24 to 8.86; short-term debt falls from €7k to €3k.
17-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 17 days late
2021
31-12
Financial
Weakest financial yearnet €-11k ▼865%
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 11 days late
2020
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
01-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 1 day late
2016
25-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Balen · 1 establishment unit since 2014
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.
Breden Els 272490 BalenGround area
1,082 m²
Building footprint
85 m²
Volume, LiDAR
397 m³
Parcel 13342B0030/00L000, Flanders · tallest building 7.3 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BOUWWERKEN RD
since 20142.226.793.960
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13342B0030/00L000 | Flanders | 1,082 m² | 1 · 85 m² | 7.3 m · 2 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 29,803 companies in sector 41001 we hold annual accounts for 16,040. 13,145 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-12-2013
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43120Site preparation
43320Joinery installation
43410Roofing work
43422Screed work
43994Specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.