KOEN BOGAERTS
ActiveKOEN BOGAERTS has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €300k and a net result of €30k. Equity is growing by ~9.5% per year across the filed fiscal years. Its solvency ranks better than 86% of 18237 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▼-3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €24k at 30 days acceptable
Liquidity ample (current ratio 4.91 against 5.15 in 2024; short-term debt: 18.8% and cash: 12.5% of total assets), and 21.9% 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
78.1%
Return on assets
7.8%
Age of the figures
9 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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
8 d early
2023
1 d early
2022
3 d early
2021
2 d early
2020
18 d early
2019
15 d early
← 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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€300k▲ 3.4%
2024 · €290k
2018: €178k
2019: €176k
2020: €184k
2021: €201k
2022: €221k
2023: €252k
2024: €290k
2018 → 2025
Total assets
€384k▲ 1.2%
2024 · €380k
2018: €266k
2019: €290k
2020: €273k
2021: €253k
2022: €280k
2023: €339k
2024: €380k
2018 → 2025
Net result
€30k▼ 21.5%
2024 · €38k
2018: €233
2019: €-1k
2020: €7k
2021: €18k
2022: €20k
2023: €31k
2024: €38k
2018 → 2025
Working capital
€283k▲ 6.5%
2024 · €266k
2018: €157k
2019: €119k
2020: €144k
2021: €175k
2022: €199k
2023: €224k
2024: €266k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€201k-€221k▲ 9.9%€252k▲ 14.1%€290k▲ 15.1%€300k▲ 3.4%
Operating result€22k-€30k▲ 35.8%€50k▲ 67.4%€61k▲ 23.1%€47k▼ 22.6%
Net result€18k-€20k▲ 13.1%€31k▲ 57.0%€38k▲ 22.0%€30k▼ 21.5%
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 23% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €384k
Fixed assets
€29k▼ 42.1%
Current assets
€356k▲ 7.8%
Equity and liabilities €384k
Equity
€300k▲ 3.4%
Debt
€84k▼ 6.0%
The debt ratio falls from 23.6% to 21.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€71k▼
2024 · €86k
Cash flow
€54k▼
2024 · €63k
Solvency
78.1%▲
2024 · 76.4%
Current ratio
4.91▼
2024 · 5.15
Quick ratio
4.91▼
2024 · 5.15
Debt / equity
0.28▼
2024 · 0.31
ROE
9.9%▼
2024 · 13.1%
ROA
7.8%▼
2024 · 10.0%
Interest coverage
26.30▲
2024 · 22.05
Debt
€84k▼
2024 · €89k
Debt ≤ 1 year
€72k▲
2024 · €64k
Debt > 1 year
€12k▼
2024 · €25k
Income taxes
€18k▼
2024 · €22k
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€380k€384k▲
Fixed assets21/28€50k€29k▼
Tangible fixed assets22/27€49k€28k▼
Land and buildings22€0-
Plant, machinery and equipment23€14k€8k▼
Furniture and vehicles24€28k€14k▼
Leasing and similar rights25€0-
Other tangible fixed assets26€6k€6k▼
Financial fixed assets28€1k€1k=
Current assets29/58€330k€356k▲
Amounts receivable after more than one year29€162k€162k=
Other amounts receivable291€162k€162k=
Amounts receivable within one year40/41€136k€144k▲
Trade receivables40€19k€18k▼
Other amounts receivable41€116k€126k▲
Cash at bank and in hand54/58€30k€48k▲
Deferred charges and accrued income490/1€1k€1k▲
Equity and liabilities
Total equity and liabilities10/49€380k€384k▲
Equity10/15€290k€300k▲
Contributions10/11€11k€11k=
Reserves13€279k€289k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Tax-exempt reserves132€4k€4k=
Distributable reserves133€273k€283k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€89k€84k▼
Amounts payable after more than one year17€25k€12k▼
Financial debts170/4€25k€12k▼
Amounts payable within one year42/48€64k€72k▲
Current portion of amounts payable after more than one year42€13k€14k▲
Trade debts44€8k€15k▲
Suppliers440/4€8k€15k▲
Taxes, remuneration and social security45€43k€43k▲
Taxes450/3€42k€43k▲
Remuneration and social security454/9€738€0▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€25k€24k▼
Other operating charges640/8€3k€4k▲
Gross operating margin9900€89k€75k▼
Operating profit (loss)9901€61k€47k▼
Financial income75/76B€3k€3k▲
Recurring financial income75€3k€3k▲
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€60k€48k▼
Income taxes67/77€22k€18k▼
Profit (loss) for the period9904€38k€30k▼
Profit (loss) for the period to be appropriated9905€38k€30k▼
Appropriation of the result
Profit (loss) to be appropriated9906€38k€30k▼
Transfer from equity791/2-€20k
Transfer to equity691/2€38k€30k▼
To other reserves6921€38k€30k▼
Profit to be distributed694/7-€20k
Return on contributions (dividend)694-€20k
The notes to these accounts (12 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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
23-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €38k ▲22%
Operating result €61k, net result €38k, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Equity above €200kEq €201k ▲9.6%
2 profitable years in a row build equity to €201k.
13-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
16-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Weakest financial yearnet €-1k ▼588%
Net result drops to €-1k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
2018
16-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
08-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 39 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Keerbergen · 1 establishment unit since 2002
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.
Achiel Cleynhenslaan 823140 KeerbergenGround area
1,575 m²
Building footprint
176 m²
Volume, LiDAR
1,016 m³
Parcel 24048D0271/00T002, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Achiel Cleynhenslaan 82, 3140 Keerbergen
since 20022.099.125.134
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24048D0271/00T002 | Flanders | 1,575 m² | 1 · 176 m² | 8.2 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.
Similar companies · same sector, comparable size
DGPharma
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VIBIO
BE 0837.072.683
Liège · Eq €300k
Verlinden J&T
BE 0694.718.849
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Frasnes-lez-Anvaing · Eq €298k
NETSENSE
BE 0870.087.327
Peer · Eq €298k
Of 2,477 companies in sector 47279 we hold annual accounts for 950. 630 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded24-10-2001
Fiscal year end31-12
Activities, NACEBEL
47279Other retail sale of food
47299Retail trade
52272
47712Retail trade
52422
85144
85146
86905Human health activities
86909Human health activities
86951Physiotherapy
86995Nutrition and dietetics services
93130Fitness centres
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 24 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.