DER BOEDE
DER BOEDE has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €232k and a net result of €33k. Equity is growing by ~15.7% per year across the filed fiscal years. Its solvency ranks better than 26% of 9688 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
| Equity | €232k |
| Net result | €33k |
| Better than sector | 26% |
| Active | 20 yrs |
Strong profile, led by stability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 9.0% | 30.8% | |
| Net result | €33k | €13k | |
| Equity | €232k | €419k | |
| Gross operating margin | €181k | €116k | |
| Total assets | €2.59M | €1.85M |
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | abbreviated schema | abbreviated schema | abbreviated schema | abbreviated schema |
| Revenue | €231k | €230k | €215k | €210k |
| EBITDA | - | - | - | - |
| Net profit | €33k | €32k | €13k | €-12k |
| Cash flow | - | - | - | - |
| Staff costs | - | - | - | - |
| Income taxes | €8k | - | - | - |
| Dividends | - | - | - | - |
| Total assets | €2.59M | €2.58M | €2.52M | €2.58M |
| Equity | €232k | €199k | €166k | €154k |
| Debt | €2.36M | €2.39M | €2.36M | €2.43M |
| of which ≤ 1y | €4k | €7k | €1k | €24k |
| of which > 1y | €2.32M | €2.32M | €2.32M | €2.32M |
| Working capital | €2.59M | €2.58M | €2.52M | €2.56M |
| Employees (FTE) | - | - | - | - |
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 712.13 | 388.37 | 1738.23 | 107.45 |
| Quick ratio | 712.13 | 388.37 | 1738.23 | 107.45 |
| Working capital ratio | 99.9% | 99.7% | 99.9% | 99.1% |
| Solvency | 9.0% | 7.7% | 6.6% | 6.0% |
| Debt / equity | 10.16 | 12.00 | 14.17 | 15.79 |
| Long-term debt ratio | 10.01 | 11.68 | 13.96 | 15.10 |
| Interest coverage | - | - | - | - |
| Gross margin | 66.5% | 68.3% | 68.3% | 67.6% |
| Net margin | 14.4% | 14.1% | 5.8% | -5.6% |
| ROA | 1.3% | 1.3% | 0.5% | -0.5% |
| ROE | 14.3% | 16.3% | 7.5% | -7.6% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | 574d | 394d | 648d | 495d |
| Days payable outstanding | - | 33d | 8d | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (23 line items)
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €2.59M | €2.58M | €2.52M | €2.58M |
| Current assets | 29/58 | €2.59M | €2.58M | €2.52M | €2.58M |
| Amounts receivable within one year | 40/41 | €365k | €250k | €382k | €285k |
| Investments | 50/53 | €1.05M | €850k | - | - |
| Cash & bank | 54/58 | €155k | €173k | €607k | €533k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.59M | €2.58M | €2.52M | €2.58M |
| Equity | 10/15 | €232k | €199k | €166k | €154k |
| Contributions / capital | 10/11 | €20k | €20k | €20k | €20k |
| Reserves | 13 | €15k | €15k | €15k | €15k |
| Accumulated profits (losses) | 14 | €197k | €164k | €131k | €119k |
| Amounts payable | 17/49 | €2.36M | €2.39M | €2.36M | €2.43M |
| Amounts payable after one year | 17 | €2.32M | €2.32M | €2.32M | €2.32M |
| Amounts payable within one year | 42/48 | €4k | €7k | €1k | €24k |
| Trade debts payable within one year | 44 | - | €7k | €1k | - |
| Income statement | |||||
| Turnover | 70 | €231k | €230k | €215k | €210k |
| Gross operating margin | 9900 | €181k | €180k | €169k | €164k |
| Operating result | 9901 | €152k | €156k | €146k | €140k |
| Financial income | 75 | €22k | €8k | - | - |
| Financial charges | 65 | €133k | €132k | €133k | €152k |
| Result before taxes | 9903 | €41k | €32k | €13k | €-12k |
| Income taxes | 67/77 | €8k | - | - | - |
| Net result for the period | 9904 | €33k | €32k | €13k | €-12k |
| Result to be appropriated | 9905 | €33k | €32k | €13k | €-12k |
| NACE primary | Renting and operating of own or leased non-residential real estate, excluding land(68203) |
| Legal form | Private limited company(610) |
| Incorporation | 29-03-2006 |
| Status | Active |
| Postal code | 1000 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0022/00R003indicative | Brussels | 1,196 m² | 1 · 538 m² | 25.2 m · 7 fl. |
| 21803C0613/00P000 | Brussels | 545 m² | 1 · 488 m² | 32.7 m · 9 fl. |
We know of 12 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
26-01-2023 Permanent representative changed: Pierre Vossen succeeds Eddy Belmans
Technical details
{
"events": [
{
"kind": "rep_rotation",
"role": "vaste_vertegenwoordiger",
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"name": "Pierre Vossen",
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},
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"subkind": "successor_conditional",
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"name": "Curalia Brokers CVBA",
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"country": null,
"legal_form": "CVBA"
},
"statutory": null,
"compensated": null,
"effective_date": "2022-12-27",
"evidence_quote": "De raad van bestuur nam kennis van de beslissing van haar bestuurder, de vennootschap Curalia Brokers CVBA, om, met ingang van 27 december 2022, de heer Eddy Belmans als vaste vertegenwoord\u00EDger te vervangen door de heer Pierre Vossen.",
"decharge_status": null,
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"rep_rotation_new_rep": "Pierre Vossen",
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},
{
"kind": "substantive_delegation",
"role": "gedelegeerd_bestuurder",
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},
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"evidence_quote": "De raad van bestuur beslist om een volmacht te verlenen aan de heer Kristoffel Vermeersch, advocaat en/of de heer Michel Raats, advocaat en/of elke andere advocaat van het advocatenkantoor \u0022MVVP\u0022 met zetel te Tervurenlaan 270, 1150 Brussel, Belgi\u00EB, elk afzonderlijk en met bevoegdheid tot subdelegati",
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"country": "BE",
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},
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"evidence_quote": "De raad van bestuur beslist om een volmacht te verlenen aan de heer Kristoffel Vermeersch, advocaat en/of de heer Michel Raats, advocaat en/of elke andere advocaat van het advocatenkantoor \u0022MVVP\u0022 met zetel te Tervurenlaan 270, 1150 Brussel, Belgi\u00EB, elk afzonderlijk en met bevoegdheid tot subdelegati",
"decharge_status": null,
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}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": "Brussel",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2023-01-26",
"filing_date": "2023-01-18",
"act_kind_objet": "Onderwerp akte:"
},
"decisions": [
{
"body": "raad_van_bestuur",
"date": "2022-12-27",
"unanimous": null
}
],
"is_correction": false,
"subject_company": {
"kbo": "0880.336.366",
"name_full": "DER BOEDE",
"legal_form": "BV"
},
"publication_proxy": {
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"org_rep_person_name": null,
"person_role_at_subject": "Bijzonder gevolmachtigde"
},
"co_filed_documents": [],
"corrected_publication_numac": null
}| Legal nameNL | DER BOEDE |