IR BOGIEL
ActiveSummary
The computed 12-month bankruptcy probability of IR BOGIEL is 1.7% (moderate). The 2024 annual accounts show equity of €46,049 and a net result of €22,239. Equity is growing by ~19.2% per year across the filed fiscal years. Its solvency ranks better than 67% of 3556 sector peers (fiscal year 2024). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+100
Solvency79▲+9
Growth78=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days only on tighter terms
Liquidity ample (current ratio 2.18 against 1.82 in 2023; short-term debt: 45.8% and cash: 26.6% of total assets), and 45.8% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
54.2%
Return on assets
26.2%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-12-2025, 124 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
124 d late
2023
50 d late
2022
60 d late
2021
149 d late
2020
88 d late
2019
68 d 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 90 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, full schema
Turnover
€241,609
EBIT margin
12.2%
Net result
€22,239
2023 · -€11,690
Working capital
€45,996▲ 93.6%
2023 · €23,757
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€241,609
Operating result€5,072▲ 287%€1,473▼ 70.9%€14,567▲ 889%-€11,354€29,464
Net result€4,910within the sector's middle half▲ 773%€1,456within the sector's middle half▼ 70.4%€14,053within the sector's middle half▲ 865%-€11,690below the sector's middle half€22,239within the sector's middle half
EBIT margin12.2%
Equity€19,991below the sector's middle half▲ 32.6%€21,447within the sector's middle half▲ 7.3%€35,499within the sector's middle half▲ 65.5%€23,809within the sector's middle half▼ 32.9%€46,049below the sector's middle half▲ 93.4%
Total assets€55,271below the sector's middle half▼ 10.5%€53,162below the sector's middle half▼ 3.8%€63,211below the sector's middle half▲ 18.9%€52,690below the sector's middle half▼ 16.6%€85,004below the sector's middle half▲ 61.3%
Debt€35,280▼ 24.4%€31,715▼ 10.1%€27,712▼ 12.6%€28,881▲ 4.2%€38,956▲ 34.9%
Working capital€19,991within the sector's middle half▲ 58.6%€16,507within the sector's middle half▼ 17.4%€35,482within the sector's middle half▲ 115%€23,757within the sector's middle half▼ 33.0%€45,996within the sector's middle half▲ 93.6%
Solvency36.2%within the sector's middle half▲ 11.7pp40.3%within the sector's middle half▲ 4.2pp56.2%within the sector's middle half▲ 15.8pp45.2%within the sector's middle half▼ 11.0pp54.2%within the sector's middle half▲ 9.0pp
Current ratio1.57within the sector's middle half▲ 0.281.52within the sector's middle half▼ 0.052.28within the sector's middle half▲ 0.761.82within the sector's middle half▼ 0.462.18within the sector's middle half▲ 0.36
Return on assets (ROA)8.9%within the sector's middle half▲ 8.0pp2.7%within the sector's middle half▼ 6.1pp22.2%above the sector's middle half▲ 19.5pp-22.2%below the sector's middle half▼ 44.4pp26.2%above the sector's middle half▲ 48.3pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €29,464 after a loss of €11,354 in 2023, the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €85,004
Fixed assets
€52 =
Current assets
€84,952 ▲ 61.4%
Equity and liabilities €85,004
Equity
€46,049 ▲ 93.4%
Debt
€38,956 ▲ 34.9%
Debt's share of the balance-sheet total falls from 54.8% to 45.8%. Equity and debt are higher.
Key figures and ratios
Debt to equity
0.85▼
2023 · 1.21
ROE
48.3%▲
2023 · -49.1%
Debt ≤ 1 year
€38,956▲
2023 · €28,881
Income taxes
€6,677
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.7%
went bankrupt
3.9%
stopped otherwise
95%
still going
For this company itself Checked computes a higher bankruptcy probability: 1.7% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 34,696 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | - | - | - | - | €241,609 | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | - | €213,985 | - |
| Gross operating margin9900 | €5,072 | €1,473 | €14,567 | -€11,354 | €29,464 | ▲ 360% |
| Operating profit (loss)9901 | €5,072 | €1,473 | €14,567 | -€11,354 | €29,464 | ▲ 360% |
| Financial income75/76B | - | - | €0 | €0 | - | - |
| Recurring financial income75 | €200 | - | €0 | €0 | - | - |
| Financial charges65/66B | - | €18 | €515 | €336 | €548 | ▲ 62.9% |
| Recurring financial charges65 | €362 | €18 | €515 | €336 | €548 | ▲ 62.9% |
| Profit (loss) for the period before taxes9903 | €4,910 | €1,456 | €14,053 | -€11,690 | €28,916 | ▲ 347% |
| Income taxes67/77 | - | - | - | - | €6,677 | - |
| Profit (loss) for the period9904 | €4,910 | €1,456 | €14,053 | -€11,690 | €22,239 | ▲ 290% |
| Profit (loss) for the period to be appropriated9905 | €4,910 | €1,456 | €14,053 | -€11,690 | €22,239 | ▲ 290% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €55,271 | €53,162 | €63,211 | €52,690 | €85,004 | ▲ 61.3% |
| Fixed assets21/28 | - | €4,939 | €17 | €52 | €52 | = |
| Tangible fixed assets22/27 | - | €4,931 | - | - | - | - |
| Furniture and vehicles24 | - | €4,931 | - | - | - | - |
| Financial fixed assets28 | - | €9 | €17 | €52 | €52 | = |
| Current assets29/58 | €55,271 | €48,223 | €63,194 | €52,638 | €84,952 | ▲ 61.4% |
| Amounts receivable within one year40/41 | €50,774 | €45,082 | €61,968 | €43,554 | €62,346 | ▲ 43.1% |
| Trade receivables40 | - | €37,455 | €57,171 | €38,253 | €53,877 | ▲ 40.8% |
| Other amounts receivable41 | - | €7,627 | €4,798 | €5,301 | €8,470 | ▲ 59.8% |
| Cash at bank and in hand54/58 | €4,497 | €3,141 | €1,225 | €9,084 | €22,605 | ▲ 149% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €55,271 | €53,162 | €63,211 | €52,690 | €85,004 | ▲ 61.3% |
| Equity10/15 | €19,991 | €21,447 | €35,499 | €23,809 | €46,049 | ▲ 93.4% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Capital10 | - | €6,200 | €6,200 | - | - | - |
| Issued capital100 | - | €18,600 | €18,600 | - | - | - |
| Uncalled capital101 | - | €12,400 | €12,400 | - | - | - |
| Reserves13 | €8,318 | €8,318 | €8,318 | €8,318 | €8,318 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Legal reserve130 | - | €1,860 | €1,860 | - | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | = |
| Distributable reserves133 | - | €6,458 | €6,458 | €6,458 | €6,458 | = |
| Profit (loss) carried forward14 | €5,472 | €6,928 | €20,981 | €9,291 | €31,530 | ▲ 239% |
| Amounts payable17/49 | €35,280 | €31,715 | €27,712 | €28,881 | €38,956 | ▲ 34.9% |
| Amounts payable within one year42/48 | €35,280 | €31,715 | €27,712 | €28,881 | €38,956 | ▲ 34.9% |
| Trade debts44 | €21,840 | €20,433 | €1,840 | €4,510 | €8,864 | ▲ 96.5% |
| Suppliers440/4 | - | €20,433 | €1,840 | €4,510 | €8,864 | ▲ 96.5% |
| Taxes, remuneration and social security45 | - | €11,282 | €12,181 | €11,282 | €17,965 | ▲ 59.2% |
| Taxes450/3 | - | €11,282 | €12,181 | €11,282 | €17,965 | ▲ 59.2% |
| Other amounts payable47/48 | - | - | €13,692 | €13,088 | €12,127 | ▼ 7.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,910 | €1,456 | €14,053 | -€11,690 | €22,239 | ▲ 290% |
| Operating cash flow (approximation) | €4,910 | €1,456 | €14,053 | -€11,690 | €22,239 | ▲ 290% |
| Investment in fixed assets (approximation) | - | - | €4,922 | -€35 | €0 | ▲ 100% |
| Change in cash | - | -€1,356 | -€1,916 | €7,859 | €13,521 | ▲ 72.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
02-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 124 days late
2024
31-12
Financial
Back to profitnet €22,239
Net result €22,239 after one loss-making year.
19-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 50 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
27-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 149 days late
2021
27-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 88 days late
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 68 days late
2019
31-12
Financial
Back to profitnet €562
Net result €562 after one loss-making year.
28-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 59 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 28 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 29 days late
2016
22-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Pieters-Woluwe · 1 establishment unit since 2008
Ground area
137 m²
Building footprint
68 m²
Volume, LiDAR
478 m³
Parcel 21019A0146/00P002, Brussels · tallest building 11.1 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Jean Wellensstraat 39, 1150 Sint-Pieters-Woluwe
since 20082.172.123.077
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21019A0146/00P002 | Brussels | 137 m² | 1 · 68 m² | 11.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 7,298 companies in this sector we hold annual accounts for 2,364. 1,999 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded14-07-2008
Fiscal year end31-12
Activities, NACEBEL 2025
43350Other building finishing work
43310Plastering work
43320Joinery installation
43422Screed work
43990Other specialised construction activities
81220Other building cleaning and industrial cleaning
E-invoicing
Reachable via Peppol
Peppol ID
0208:0899263145
Registered
03-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.