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IN RE BO

Active
Private limited companyfounded 199729 yrs activeAarschotsesteenweg 255, 3012 Leuven, BelgiumKBO/BCE: BE 0461.105.435

IN RE BO has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €371k and a net result of €123k. Equity is growing by ~11.7% per year across the filed fiscal years. Its solvency ranks better than 23% of 2176 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Checked score

Score 2025
56 / 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability67▼-9
Solvency39▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €20k at 30 days acceptable
Liquidity tight (current ratio 1.13 against 1.1 in 2024; short-term debt: 85.1% and cash: 16% of total assets), and 86.4% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
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 date
Age against the risk zone
elevated failure risk from 2 to 8 years 29 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
13.6%
Return on assets
4.5%
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 23% of 2176 sector peers (2025).
NBB · sector comparison
Position among 2176 sector peers
Solvency
better than 23%
← 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 20-07-2026, 11 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
11 d early
2024
13 d early
2023
9 d early
2022
7 d early
2021
2 d early
2020
9 d early
2019
24 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 months
Position in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2025, abbreviated schema

Equity
€371k▲ 49.4%
2024 · €249k
2018: €159k 2019: €205k 2020: €250k 2021: €321k 2022: €398k 2023: €131k 2024: €249k
2018 → 2025
Total assets
€2.73M▲ 25.5%
2024 · €2.17M
2018: €1.60M 2019: €1.62M 2020: €1.79M 2021: €2.45M 2022: €2.07M 2023: €1.48M 2024: €2.17M
2018 → 2025
Net result
€123k▲ 4.5%
2024 · €117k
2018: €168k 2019: €45k 2020: €45k 2021: €71k 2022: €77k 2023: €-267k 2024: €117k
2018 → 2025
Working capital
€295k▲ 60.1%
2024 · €185k
2018: €136k 2019: €235k 2020: €249k 2021: €296k 2022: €345k 2023: €68k 2024: €185k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20212022202320242025Trend
Equity€321k-€398k▲ 24.0%€131k▼ 67.0%€249k▲ 89.6%€371k▲ 49.4%
Operating result€80k-€82k▲ 3.2%€-257k€129k€23k▼ 82.5%
Net result€71k-€77k▲ 8.2%€-267k€117k€123k▲ 4.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-300k€-200k€-100k€0€100kOperating result 2021: €80k€80kNet result 2021: €71k€71kOperating result 2022: €82k€82kNet result 2022: €77k€77kOperating result 2023: €-257k€-257kNet result 2023: €-267k€-267kOperating result 2024: €129k€129kNet result 2024: €117k€117kOperating result 2025: €23k€23kNet result 2025: €123k€123k20212022202320242025
The operating result falls in 2025; 2025 is 82% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.73M
Fixed assets €112k▼ 21.5%
Current assets €2.61M▲ 28.8%
Equity and liabilities €2.73M
Equity €371k▲ 49.4%
Provisions €24k▲ 5.8%
Debt €2.33M▲ 22.6%
The debt ratio falls from 87.5% to 85.5%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€70k
2024 · €167k
Cash flow
€170k
2024 · €155k
Solvency
13.6%
2024 · 11.4%
Current ratio
1.13
2024 · 1.10
Quick ratio
1.08
2024 · 1.06
Debt / equity
6.28
2024 · 7.65
ROE
33.1%
2024 · 47.3%
ROA
4.5%
2024 · 5.4%
Interest coverage
5.08
2024 · 10.56
Debt
€2.33M
2024 · €1.90M
Debt ≤ 1 year
€2.32M
2024 · €1.85M
Debt > 1 year
€12k
2024 · €56k
Income taxes
€828
2024 · €808
Staff costs
€1.16M
2024 · €1.10M
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€2.17M€2.73M
Fixed assets21/28€142k€112k
Tangible fixed assets22/27€113k€97k
Plant, machinery and equipment23€12k€6k
Furniture and vehicles24€100k€91k
Financial fixed assets28€30k€15k
Current assets29/58€2.03M€2.61M
Stocks and contracts in progress3€70k€119k
Contracts in progress37€70k€119k
Amounts receivable within one year40/41€1.51M€1.86M
Trade receivables40€1.46M€1.81M
Other amounts receivable41€44k€44k
Cash at bank and in hand54/58€403k€435k
Deferred charges and accrued income490/1€49k€204k
Equity and liabilities
Total equity and liabilities10/49€2.17M€2.73M
Equity10/15€249k€371k
Contributions10/11€20k€20k=
Reserves13€4k€4k=
Distributable reserves133€4k€4k=
Profit (loss) carried forward14€224k€347k
Provisions and deferred taxes16€23k€24k
Provisions for liabilities and charges160/5€23k€24k
Environmental obligations163€23k€24k
Amounts payable17/49€1.90M€2.33M
Amounts payable after more than one year17€56k€12k
Financial debts170/4€56k€12k
Amounts payable within one year42/48€1.85M€2.32M
Current portion of amounts payable after more than one year42€10k€12k
Trade debts44€808k€897k
Suppliers440/4€808k€897k
Advances received on contracts in progress46€978k€1.30M
Taxes, remuneration and social security45€50k€112k
Taxes450/3€8k€34k
Remuneration and social security454/9€42k€78k
Accrued charges and deferred income492/3€0-
Income statement Code20242025
Remuneration, social security and pensions62€1.10M€1.16M
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€47k
Provisions for liabilities and charges: additions (uses and reversals)635/8€-20k€1k
Other operating charges640/8€4k€5k
Gross operating margin9900€1.25M€1.23M
Operating profit (loss)9901€129k€23k
Financial income75/76B€5k€115k
Recurring financial income75€5k€115k
Financial charges65/66B€16k€14k
Recurring financial charges65€16k€14k
Profit (loss) for the period before taxes9903€118k€124k
Income taxes67/77€808€828
Profit (loss) for the period9904€117k€123k
Profit (loss) for the period to be appropriated9905€117k€123k
Appropriation of the result
Profit (loss) to be appropriated9906€224k€347k
Profit (loss) brought forward from the previous period14P€107k€224k
Social balance
Average headcount (FTE)908718.819.6

The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
20-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
18-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Back to profitnet €117k
Net result €117k after one loss-making year.
31-12
Financial Equity above €200kEq €249k ▲89.6%
Equity rises from €131k to €249k.
22-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Weakest financial yearnet €-267k ▼446%
Net result drops to €-267k, the lowest in the series; recovery starts the following year.
24-07
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
22-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
24-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 24 days late
2019
31-12
Financial Equity above €200kEq €205k ▲28.3%
2 profitable years in a row build equity to €205k.
13-05
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
11-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 11 days late
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, Leuven · 1 establishment unit since 1997
establishment The establishment unit on the map
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.

Aarschotsesteenweg 2553012 Leuven
Ground area
286 m²
Building footprint
232 m²
Volume, LiDAR
1,368 m³
Parcel 24126B0226/00L006, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
IN RE BO
Aarschotsesteenweg 255, 3012 LeuvenNACE 45112
since 19972.082.922.570
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24126B0226/00L006 Flanders 286 m² 1 · 232 m² 10.6 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 · 4 entries · 2,246 EUR awarded · 2,297 EUR paid
Year Entries awardedpaid
2025 1 700 EUR934 EUR
2024 1 324 EUR141 EUR
2023 1 390 EUR390 EUR
2022 1 832 EUR832 EUR
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
4 entries · 2,246 EUR · 2,297 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Recognised contractor

15 categories
IN RE BO BV26852
category D, class 5 · category D1, class 5 · category D10, class 1 · category D11, class 1 · category D12, class 1 · category D13, class 1 · category D16, class 1 · category D17, class 1 · category D21, class 1 · category D24, class 5 · category D5, class 1 · category D8, class 1 · category E, class 2 · category G, class 2 · category P1, class 1
decision 05-10-2022

Similar companies · same sector, comparable size

Of 29,801 companies in sector 41001 we hold annual accounts for 16,045. 10,304 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded09-07-1997
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
43990Other specialised construction activities
43999Specialised construction activities
45211
45250
Sources
Crossroads Bank for EnterprisesNational Bank · 28 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.

Contact details

2 entries
Enterprise
E-mail:inrebo@inrebo.be
Enterprise