HET BOEK
ActiveHET BOEK has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €63k and a net result of €90k. Equity is growing by ~10.9% per year across the filed fiscal years. Its solvency ranks better than 35% of 18024 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency27▼-1
Growth78=
Stability100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4k at 30 days acceptable
Liquidity tight (current ratio 1.21 against 1.23 in 2024), and 82.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 47
Relative position
BE, all sectors
reference
Sector 47
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
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
17.1%
Return on assets
24.2%
Age of the figures
8 mo
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 15-07-2026, 16 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
16 d early
2024
35 d early
2023
29 d late
2022
43 d late
2021
3 d early
2020
31 d late
2019
61 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
15-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€63k=
2024 · €63k
2018: €30k
2019: €33k
2020: €43k
2021: €44k
2022: €49k
2023: €54k
2024: €63k
2018 → 2025
Total assets
€371k▲ 4.1%
2024 · €357k
2018: €295k
2019: €307k
2020: €327k
2021: €236k
2022: €243k
2023: €290k
2024: €357k
2018 → 2025
Net result
€90k▼ 17.5%
2024 · €109k
2018: €63k
2019: €67k
2020: €50k
2021: €85k
2022: €90k
2023: €105k
2024: €109k
2018 → 2025
Working capital
€48k▼ 1.5%
2024 · €49k
2018: €27k
2019: €167k
2020: €141k
2021: €28k
2022: €136k
2023: €57k
2024: €49k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€44k-€49k▲ 11.4%€54k▲ 10.9%€63k▲ 16.7%€63k=
Operating result€94k-€102k▲ 9.2%€116k▲ 13.9%€120k▲ 2.9%€101k▼ 15.6%
Net result€85k-€90k▲ 5.6%€105k▲ 17.0%€109k▲ 3.5%€90k▼ 17.5%
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 16% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €371k
Fixed assets
€90k▼ 2.6%
Current assets
€281k▲ 6.5%
Equity and liabilities €371k
Equity
€63k=
Debt
€308k▲ 5.0%
The debt ratio rises from 82.2% to 82.9%: debt grows faster than equity.
Key figures and ratios
EBITDA
€126k▼
2024 · €143k
Cash flow
€115k▼
2024 · €133k
Solvency
17.1%▼
2024 · 17.8%
Current ratio
1.21▼
2024 · 1.23
Quick ratio
0.48▼
2024 · 0.54
Debt / equity
4.86▲
2024 · 4.63
ROE
142.1%▼
2024 · 172.2%
ROA
24.2%▼
2024 · 30.6%
Interest coverage
11.65▼
2024 · 14.87
Debt
€308k▲
2024 · €293k
Debt ≤ 1 year
€233k▲
2024 · €215k
Debt > 1 year
€75k▼
2024 · €78k
Income taxes
€3k▼
2024 · €3k
Staff costs
€3k▲
2024 · €3k
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€357k€371k▲
Fixed assets21/28€93k€90k▼
Tangible fixed assets22/27€93k€90k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€63k€46k▼
Other tangible fixed assets26€28k€43k▲
Financial fixed assets28€150€150=
Current assets29/58€264k€281k▲
Stocks and contracts in progress3€148k€170k▲
Stocks30/36€148k€170k▲
Amounts receivable within one year40/41€69k€60k▼
Trade receivables40€21k€6k▼
Other amounts receivable41€49k€54k▲
Cash at bank and in hand54/58€44k€50k▲
Deferred charges and accrued income490/1€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€357k€371k▲
Equity10/15€63k€63k=
Contributions10/11€20k€20k=
Reserves13€43k€43k=
Distributable reserves133€43k€43k=
Amounts payable17/49€293k€308k▲
Amounts payable after more than one year17€78k€75k▼
Financial debts170/4€66k€43k▼
Other amounts payable178/9€12k€32k▲
Amounts payable within one year42/48€215k€233k▲
Current portion of amounts payable after more than one year42€21k€27k▲
Trade debts44€66k€74k▲
Suppliers440/4€66k€74k▲
Taxes, remuneration and social security45€5k€5k▲
Taxes450/3€5k€5k▲
Remuneration and social security454/9€282€337▲
Other amounts payable47/48€123k€127k▲
Income statement
Code20242025
Non-recurring operating income76A€23k-
Remuneration, social security and pensions62€3k€3k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€25k▲
Other operating charges640/8€3k€3k▼
Gross operating margin9900€150k€132k▼
Operating profit (loss)9901€120k€101k▼
Financial income75/76B€2k€3k▲
Recurring financial income75€2k€3k▲
Financial charges65/66B€10k€11k▲
Recurring financial charges65€10k€11k▲
Profit (loss) for the period before taxes9903€112k€93k▼
Income taxes67/77€3k€3k▼
Profit (loss) for the period9904€109k€90k▼
Profit (loss) for the period to be appropriated9905€109k€90k▼
Appropriation of the result
Profit (loss) to be appropriated9906€109k€90k▼
Transfer from equity791/2-€7
Transfer to equity691/2€9k-
To other reserves6921€9k-
Profit to be distributed694/7€100k€90k▼
Directors or managers695€100k€90k▼
The notes to these accounts (9 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
15-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €109k ▲3.5%
Operating result €120k, net result €109k, both a record.
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 29 days late
2023
12-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 43 days late
2022
31-12
Financial
Liquidity triplescurrent ratio 3.12
Current ratio from 1.19 to 3.12; short-term debt falls from €147k to €64k.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet €50k ▼25.3%
Net result drops to €50k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 61 days late
2019
31-12
Financial
Liquidity triplescurrent ratio 3.25
Current ratio from 1.13 to 3.25; short-term debt falls from €202k to €74k.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
18-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 18 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Middelkerke · 1 establishment unit since 2005
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.
Schoolstraat 578434 MiddelkerkeGround area
883 m²
Building footprint
580 m²
Volume, LiDAR
9,016 m³
2 parcels, Flanders · tallest building 24.5 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
HET BOEK
since 20052.150.350.339
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 35009B0401/00T000 | Flanders | 488 m² | 1 · 101 m² | 8.6 m · 2 fl. |
| 38402D0052/00A000 | Flanders | 394 m² | 1 · 479 m² | 24.5 m · 7 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteNieuwpoort2.150.350.339
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Of 2,318 companies in sector 47621 we hold annual accounts for 1,235. 1,102 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded21-11-2005
Fiscal year end31-12
Activities, NACEBEL
47620Retail trade
47621Retail sale of newspapers and periodicals
52470
47251Retail sale of wines and spirits
47252Retail sale of beverages, general range
47260Retail trade
52250Logistics services
92000Gambling and betting activities
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.