Boyen Refactoring
ActiveBoyen Refactoring has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €14k and a net result of €29k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 24% of 1897 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency46▼-28
Growth58▼-20
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.23 against 1.93 in 2024; short-term debt: 78.7% and cash: 83.5% of total assets), and 78.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 63
Relative position
BE, all sectors
reference
Sector 63
lower
← fewer bankruptcies
more bankruptcies →
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
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
21.2%
Return on assets
42.8%
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 24% of 1897 sector peers (2025).
NBB · sector comparisonPosition among 1897 sector peers
Solvency
better than 24%
← weakest
strongest →
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 03-04-2026, 119 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
119 d early
2024
45 d early
2023
43 d early
2022
18 d late
2021
24 d late
2020
6 d late
2019
34 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
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€14k▼ 59.0%
2024 · €35k
2019: €24k
2020: €58k
2021: €94k
2022: €62k
2023: €16k
2024: €35k
2019 → 2025
Total assets
€68k▼ 5.9%
2024 · €72k
2019: €56k
2020: €74k
2021: €101k
2022: €63k
2023: €89k
2024: €72k
2019 → 2025
Net result
€29k▼ 13.9%
2024 · €34k
2019: €23k
2020: €34k
2021: €36k
2022: €-32k
2023: €25k
2024: €34k
2019 → 2025
Working capital
€13k▼ 63.6%
2024 · €34k
2019: €33k
2020: €61k
2021: €94k
2022: €62k
2023: €15k
2024: €34k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€94k-€62k▼ 34.2%€16k▼ 73.5%€35k▲ 116%€14k▼ 59.0%
Operating result€46k-€-31k€25k€44k▲ 75.7%€38k▼ 13.6%
Net result€36k-€-32k€25k€34k▲ 38.0%€29k▼ 13.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 14% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €68k
Fixed assets
€2k▲ 99.7%
Current assets
€66k▼ 7.4%
Equity and liabilities €68k
Equity
€14k▼ 59.0%
Debt
€54k▲ 44.4%
The debt ratio rises from 51.3% to 78.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€40k▼
2024 · €44k
Cash flow
€32k▼
2024 · €34k
Solvency
21.2%▼
2024 · 48.7%
Current ratio
1.23▼
2024 · 1.93
Quick ratio
1.23▼
2024 · 1.93
Debt / equity
3.71▲
2024 · 1.06
ROE
201.7%▲
2024 · 96.2%
ROA
42.8%▼
2024 · 46.8%
Interest coverage
127.05▲
2024 · 111.34
Debt
€54k▲
2024 · €37k
Debt ≤ 1 year
€54k▲
2024 · €37k
Income taxes
€8k▼
2024 · €10k
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€72k€68k▼
Fixed assets21/28€1k€2k▲
Tangible fixed assets22/27€1k€2k▲
Furniture and vehicles24€1k€2k▲
Current assets29/58€71k€66k▼
Amounts receivable within one year40/41€10k€7k▼
Trade receivables40€10k€6k▼
Other amounts receivable41€360€249▼
Cash at bank and in hand54/58€58k€57k▼
Deferred charges and accrued income490/1€3k€3k▼
Equity and liabilities
Total equity and liabilities10/49€72k€68k▼
Equity10/15€35k€14k▼
Contributions10/11€1k€1k=
Profit (loss) carried forward14€34k€13k▼
Amounts payable17/49€37k€54k▲
Amounts payable within one year42/48€37k€54k▲
Trade debts44€307€395▲
Suppliers440/4€307€395▲
Taxes, remuneration and social security45€5k€3k▼
Taxes450/3€5k€3k▼
Other amounts payable47/48€32k€50k▲
Accrued charges and deferred income492/3€104€67▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€354€2k▲
Other operating charges640/8€566€584▲
Gross operating margin9900€45k€41k▼
Operating profit (loss)9901€44k€38k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€398€317▼
Recurring financial charges65€398€317▼
Profit (loss) for the period before taxes9903€44k€38k▼
Income taxes67/77€10k€8k▼
Profit (loss) for the period9904€34k€29k▼
Profit (loss) for the period to be appropriated9905€34k€29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€49k€63k▲
Profit (loss) brought forward from the previous period14P€15k€34k▲
Profit to be distributed694/7€15k€50k▲
Return on contributions (dividend)694€15k€50k▲
The notes to these accounts (5 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
03-04
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €25k
Net result €25k after one loss-making year.
18-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 18 days late
2022
31-12
Financial
Weakest financial yearnet €-32k ▼190%
Net result drops to €-32k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 53.44
Current ratio from 14.71 to 53.44; short-term debt falls from €7k to €1k.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial
Highest result since 2019net €36k ▲5%
Operating result €46k, net result €36k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 14.71
Current ratio from 5.99 to 14.71; short-term debt falls from €12k to €7k.
06-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 6 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 5.99
Current ratio from 2.57 to 5.99; short-term debt falls from €21k to €12k.
03-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 34 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Anderlecht · 1 establishment unit since 2019
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.
Frans Halssquare 21070 AnderlechtGround area
4,962 m²
Building footprint
1,012 m²
Volume, LiDAR
47,203 m³
Parcel 21308H0632/00X005, Brussels · tallest building 52.3 m, ±16 floors. Linked by address, not a title deed.
1 establishment unit
Boyen Refactoring
since 20192.291.068.041
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21308H0632/00X005 | Brussels | 4,962 m² | 1 · 1,012 m² | 52.3 m · 16 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 3,152 companies in sector 63920 we hold annual accounts for 1,522. 937 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded05-07-2019
Fiscal year end31-12
Activities, NACEBEL
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
62020IT consultancy
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 7 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:boyenrefactoring@gmail.com