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Groep De Boever

Active
Private limited companyfounded 2017active for 9 yearsJoseph Cardijnstraat 40, 9420 Erpe-Mere, BelgiumKBO/BCE: BE 0674.769.513
Summary

The computed 12-month bankruptcy probability of Groep De Boever is 4.8% (elevated). The 2024 annual accounts show equity of €1.5m and a net result of €774,565. Equity is growing by about 111% per year across the filed financial years. Its solvency ranks better than 19% of 3,535 sector peers (NACE 43, financial year 2024). The company has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
Groep De BoeverActiveChecked score 38/100
Risk analysis ReportCompare

Overview

Activity
Joinery installation
NACE 43320
Largest employer in Erpe-Mere, Construction sector7 sites
Size
€33.9mturnover 2024
Staff
73.2 FTE
Equity
€1.5m
Profit
€774,565
Staff (FTE) +108%: other schema
Financial health
38 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
4.8%
Structure
2025 accounts not filed, 85 days past the deadline3 of 6 deeds summarised
Why 38raises riskFigures for financial year 2024 (filed 02-09-2025)1 change of registered office in 24 months1 financial year not filed after the legal deadline; last filed accounts filed 30 days late; 1 of the last 3 latelowers riskSize: turnover €33.9m, 73.2 FTE, total assets €8.9mShow the evidence

Checked score

Score 2024
38 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 46% of its sector peers (NACE 43, medium-sized)
Every signal that counts is listed under Signals.
Financial strength · tick = 2023
Weak
Solvency 42+7
equity 17.2% of total assets
Liquidity 17+3
short-term debt 78.9% · cash 8.4%
Profitability 65-13
return on assets 8.7%
Bankruptcy probability, 12 months
4.8% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (244 companies, NACE 43, medium-sized)
Last 24 months 11-2024: 1.5% 12-2024: 1.4%▼ -0.1 percentage points vs 11-2024 01-2025: 1.4%● unchanged vs 12-2024 02-2025: 1.4%● unchanged vs 01-2025 03-2025: 1.4%● unchanged vs 02-2025 04-2025: 1.4%● unchanged vs 03-2025 05-2025: 1.4%● unchanged vs 04-2025 06-2025: 2.2%▲ +0.8 percentage points vs 05-2025 07-2025: 2.4%▲ +0.2 percentage points vs 06-2025 08-2025: 3.2%▲ +0.8 percentage points vs 07-2025 09-2025: 3.9%▲ +0.7 percentage points vs 08-2025 10-2025: 1.0%▼ -2.9 percentage points vs 09-2025 11-2025: 1.0%● unchanged vs 10-2025 12-2025: 1.0%● unchanged vs 11-2025 01-2026: 1.0%● unchanged vs 12-2025 02-2026: 1.0%● unchanged vs 01-2026 03-2026: 1.0%● unchanged vs 02-2026lowest value 04-2026: 1.0%● unchanged vs 03-2026 05-2026: 1.3%▲ +0.3 percentage points vs 04-2026 06-2026: 1.3%● unchanged vs 05-2026 07-2026: 1.5%▲ +0.2 percentage points vs 06-2026 08-2026: 2.0%▲ +0.5 percentage points vs 07-2026 09-2026: 2.6%▲ +0.6 percentage points vs 08-2026 10-2026: 4.8%▲ +2.2 percentage points vs 09-2026highest value
Credit of up to €55,000 on 30-day terms, only on tighter conditions: elevated estimated bankruptcy probability calls for adjusted credit terms
Liquidity tight (current ratio 1.1, compared with 1.05 in 2023, below the usual 1.5; short-term debt: 78.9% and cash: 8.4% of total assets), and 82.8% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 43, medium-sized): better than 19% on solvency, 17% on liquidity, 52% on profitability and 95% on growth.

The bankruptcy probability was computed on 23-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed 02-09-2025)
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Size: turnover €33.9m, 73.2 FTE, total assets €8.9m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 30 days late; 1 of the last 3 late
NBB · filings
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 3535 sector peers (2024).
NBB · sector comparison
Position among 3535 sector peers
Solvency
better than 19%
← weakest strongest →
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 85 days later.
NBB · 8 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline24-10-2026 today
raises risk · 2024 accounts filed 30 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-08-2025, 30 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 8 filings
Deviation from the deadline
2025
not filed
2024
30 days late
2023
59 days late
2022
5 days early
2021
31 days late
2020
26 days late
2019
87 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 38 days after the deadline; the sector median (NACE 43) for financial year 2024 is 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2024 · full…
  2. Amendment of the articles · MiscellaneousPower of attorney
  3. Registered officeRegistered-office move

Key points

  • Positive: Staff rose in 2024different schema filed ▲ 108% View
  • Positive: Largest employer in Erpe-Mere, Construction sectorin the Checked rankings No. 1 View
  • Caution: 2025 accounts not fileddeadline was 31-07-2026 85 days past the deadline View
  • Positive: 7 profitable years in a rowprofit 2024: €774,565 7 years View

By topic

Financials

Financial year
2024
Turnover
€33.9m
Profit
€774,565
Solvency
17.2%
Go to Financials

Timeline

Events
15
Since
2018
  1. 31-12-2024Highest result from 2018 to 2024
  2. 31-12-2024Equity above €1m
  3. 28-09-2024Annual accounts filed
Go to Timeline

Company details

Sites
7
Legal form
Private limited company
Activity
Joinery installationNACE 43320
Founded
24-04-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Groep De Boever

What is the company number of Groep De Boever?
0674.769.513. In Belgium the VAT number is the company number with BE in front: BE 0674.769.513.
Where is Groep De Boever based?
The registered office is at Joseph Cardijnstraat 40, 9420 Erpe-Mere.Company details
What does Groep De Boever do?
According to the KBO register, the main activity is joinery installation (NACE 43320).
What is the legal form of Groep De Boever?
Private limited company (BV).
When was Groep De Boever founded?
On 24-04-2017.
Is Groep De Boever still active?
Yes, Groep De Boever is an active enterprise in the KBO register.
How many employees does Groep De Boever have?
On average 73.2 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of Groep De Boever?
€33.9m in financial year 2024, according to the filed annual accounts.
Is Groep De Boever profitable?
In financial year 2024, Groep De Boever made a profit of €774,565.
Where can I find the annual accounts of Groep De Boever?
Groep De Boever filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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