De Bouwerie
ActiveDe Bouwerie has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €279k and a net result of €36k. Equity is growing by ~21.6% per year across the filed fiscal years. Its solvency ranks better than 76% of 19357 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
79
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability80▲+20
Solvency92▲+15
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 3.73 against 6.55 in 2023; short-term debt: 24.8% and cash: 10.3% of total assets), and 33.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-08-2025, 31 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 · 8 filingsDeviation from the deadline
2025
not confirmed
2024
31 d late
2023
30 d late
2022
5 d early
2021
24 d late
2020
4 d late
2019
31 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€279k▲ 15.0%
2023 · €242k
2018: €42k
2019: €94k
2020: €123k
2021: €185k
2022: €247k
2023: €242k
2018 → 2024
Total assets
€418k▼ 9.7%
2023 · €463k
2018: €125k
2019: €166k
2020: €214k
2021: €279k
2022: €331k
2023: €463k
2018 → 2024
Net result
€36k
2023 · €-4k
2018: €22k
2019: €52k
2020: €29k
2021: €63k
2022: €61k
2023: €-4k
2018 → 2024
Working capital
€284k▼ 22.3%
2023 · €365k
2018: €28k
2019: €76k
2020: €96k
2021: €151k
2022: €221k
2023: €365k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€123k-€185k▲ 51.3%€247k▲ 33.0%€242k▼ 1.6%€279k▲ 15.0%
Operating result€45k-€96k▲ 112%€93k▼ 3.1%€-4k€57k
Net result€29k-€63k▲ 117%€61k▼ 2.5%€-4k€36k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €57k after a loss of €4k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €418k
Fixed assets
€31k▼ 4.7%
Current assets
€387k▼ 10.1%
Equity and liabilities €418k
Equity
€279k▲ 15.0%
Debt
€139k▼ 36.9%
The debt ratio falls from 47.6% to 33.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€70k▲
2023 · €9k
Cash flow
€50k▲
2023 · €9k
Solvency
66.7%▲
2023 · 52.4%
Current ratio
3.73▼
2023 · 6.55
Quick ratio
1.46▼
2023 · 2.88
Debt / equity
0.50▼
2023 · 0.91
ROE
13.1%▲
2023 · -1.7%
ROA
8.7%▲
2023 · -0.9%
Interest coverage
10.41▲
2023 · 5.03
Debt
€139k▼
2023 · €220k
Debt ≤ 1 year
€104k▲
2023 · €66k
Debt > 1 year
€35k▼
2023 · €154k
Income taxes
€15k▲
2023 · €475
Staff costs
€160k▲
2023 · €135k
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€463k€418k▼
Fixed assets21/28€32k€31k▼
Tangible fixed assets22/27€32k€31k▼
Land and buildings22€8k€7k▼
Plant, machinery and equipment23€9k€12k▲
Furniture and vehicles24€15k€11k▼
Current assets29/58€431k€387k▼
Stocks and contracts in progress3€241k€236k▼
Stocks30/36€241k€236k▼
Amounts receivable within one year40/41€108k€106k▼
Trade receivables40€21k€9k▼
Other amounts receivable41€87k€97k▲
Cash at bank and in hand54/58€73k€43k▼
Deferred charges and accrued income490/1€8k€2k▼
Equity and liabilities
Total equity and liabilities10/49€463k€418k▼
Equity10/15€242k€279k▲
Contributions10/11€6k€6k=
Reserves13€240k€277k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€238k€275k▲
Profit (loss) carried forward14€-4k€-4k=
Amounts payable17/49€220k€139k▼
Amounts payable after more than one year17€154k€35k▼
Financial debts170/4€154k€35k▼
Amounts payable within one year42/48€66k€104k▲
Current portion of amounts payable after more than one year42€20k€19k▼
Financial debts43€13€13=
Credit institutions430/8€13€13=
Trade debts44€30k€68k▲
Suppliers440/4€30k€68k▲
Taxes, remuneration and social security45€8k€8k▲
Taxes450/3€484€4k▲
Remuneration and social security454/9€7k€4k▼
Other amounts payable47/48€8k€8k▲
Accrued charges and deferred income492/3€15€75▲
Income statement
Code20232024
Non-recurring operating income76A-€182k
Remuneration, social security and pensions62€135k€160k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€14k▲
Other operating charges640/8€433€1k▲
Non-recurring operating charges66A€0-
Gross operating margin9900€145k€231k▲
Operating profit (loss)9901€-4k€57k▲
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€2k€7k▲
Recurring financial charges65€2k€7k▲
Profit (loss) for the period before taxes9903€-4k€51k▲
Income taxes67/77€475€15k▲
Profit (loss) for the period9904€-4k€36k▲
Profit (loss) for the period to be appropriated9905€-4k€36k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€32k▲
Profit (loss) brought forward from the previous period14P-€-4k
Transfer to equity691/2€0€36k▲
To other reserves6921€0€36k▲
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
31-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 31 days late
2024
31-12
Financial
Back to profitnet €36k
Net result €36k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-12
Financial
Weakest financial yearnet €-4k ▼107%
Net result drops to €-4k, the lowest in the series; recovery starts the following year.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €200kEq €247k ▲33%
5 profitable years in a row build equity to €247k.
24-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 24 days late
2021
31-12
Financial
Highest result since 2018net €63k ▲117%
Operating result €96k, net result €63k, both a record.
31-12
Financial
Equity above €150kEq €185k ▲51.3%
4 profitable years in a row build equity to €185k.
04-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 4 days late
2020
31-12
Financial
Equity above €100kEq €123k ▲30.9%
3 profitable years in a row build equity to €123k.
30-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro 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, Brugge · 1 establishment unit since 2017
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.
Blankenbergse Dijk 108000 BruggeGround area
202 m²
Building footprint
72 m²
Volume, LiDAR
419 m³
Parcel 31808K0628/00E002, Flanders · tallest building 8.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
De Bouwerie
since 20172.261.307.550
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31808K0628/00E002 | Flanders | 202 m² | 1 · 72 m² | 8.0 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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 5 entries · 3,250 EUR awarded · 3,077 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 416 EUR | 416 EUR |
| 2024 | 2 | 1,911 EUR | 1,779 EUR |
| 2023 | 1 | 878 EUR | 882 EUR |
| 2022 | 1 | 45 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Vlaams opleidingsverlof (VOV)
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Of 9,695 companies in sector 68121 we hold annual accounts for 7,383. 5,194 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-12-2016
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
43990Other specialised construction activities
43999Specialised construction activities
68122Development of non-residential building projects
43120Site preparation
43211General electrical installation work
43212Electrical installation work in industrial facilities
43230Insulation installation
43240Other construction installation
43291Specialised construction activities
43299Specialised construction activities
43350Other building finishing work
43910Bricklaying and masonry work
43992Specialised construction activities
43994Specialised construction activities
81220Other building cleaning and industrial cleaning
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.