KOEN BOUCKAERT
ActiveSummary
KOEN BOUCKAERT has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €441k and a net result of €713k. Equity is growing by ~28.1% per year across the filed fiscal years. Its solvency ranks better than 30% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency55▼-34
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity tight (current ratio 1.39 against 2.79 in 2024; short-term debt: 69.8% and cash: 40% of total assets), and 69.8% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
30.2%
Return on assets
48.9%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 05-06-2026, 56 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
56 d early
2024
51 d early
2023
40 d early
2022
31 d late
2021
25 d late
2020
31 d late
2019
92 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€441k▼ 35.3%
2024 · €682k
2019: €156klowest in 7 years
2020: €254k▲ +62.5% vs 2019
2021: €246k▼ -3.1% vs 2020
2022: €363k▲ +47.9% vs 2021
2023: €512k▲ +40.9% vs 2022
2024: €682k▲ +33.3% vs 2023highest in 7 years
2025: €441k▼ -35.3% vs 2024
2019 → 2025
Total assets
€1.46M▲ 37.7%
2024 · €1.06M
2019: €282klowest in 7 years
2020: €420k▲ +48.9% vs 2019
2021: €299k▼ -28.8% vs 2020
2022: €452k▲ +51.1% vs 2021
2023: €724k▲ +60.2% vs 2022
2024: €1.06M▲ +46.6% vs 2023
2025: €1.46M▲ +37.7% vs 2024highest in 7 years
2019 → 2025
Net result
€713k▲ 92.6%
2024 · €370k
2019: €144k
2020: €98k▼ -32.1% vs 2019
2021: €-14k▼ -115% vs 2020lowest in 7 years
2022: €118k▲ +932% vs 2021
2023: €274k▲ +133% vs 2022
2024: €370k▲ +35.4% vs 2023
2025: €713k▲ +92.6% vs 2024highest in 7 years
2019 → 2025
Working capital
€395k▼ 41.5%
2024 · €675k
2019: €119klowest in 7 years
2020: €226k▲ +89.4% vs 2019
2021: €246k▲ +8.9% vs 2020
2022: €360k▲ +46.6% vs 2021
2023: €508k▲ +40.9% vs 2022
2024: €675k▲ +32.9% vs 2023highest in 7 years
2025: €395k▼ -41.5% vs 2024
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€246k-€363k▲ 47.9%€512k▲ 40.9%€682k▲ 33.3%€441k▼ 35.3%
2021: €246klowest in 5 years
2022: €363k▲ +47.9% vs 2021
2023: €512k▲ +40.9% vs 2022
2024: €682k▲ +33.3% vs 2023highest in 5 years
2025: €441k▼ -35.3% vs 2024
Operating result€-15k-€171k€368k▲ 115%€507k▲ 37.7%€951k▲ 87.8%
2021: €-15klowest in 5 years
2022: €171k▲ +1212% vs 2021
2023: €368k▲ +115% vs 2022
2024: €507k▲ +37.7% vs 2023
2025: €951k▲ +87.8% vs 2024highest in 5 years
Net result€-14k-€118k€274k▲ 133%€370k▲ 35.4%€713k▲ 92.6%
2021: €-14klowest in 5 years
2022: €118k▲ +932% vs 2021
2023: €274k▲ +133% vs 2022
2024: €370k▲ +35.4% vs 2023
2025: €713k▲ +92.6% vs 2024highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2025 is 88% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.46M
Fixed assets
€46k ▲ 477%
Current assets
€1.41M ▲ 34.3%
Equity and liabilities €1.46M
Equity
€441k ▼ 35.3%
Debt
€1.02M ▲ 169%
Debt's share of the balance-sheet total rises from 35.7% to 69.8%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€954k▲
2024 · €508k
Cash flow
€716k▲
2024 · €372k
Current ratio
1.39▼
2024 · 2.79
Debt to equity
2.31▲
2024 · 0.55
ROE
161.7%▲
2024 · 54.3%
ROA
48.9%▲
2024 · 34.9%
Interest coverage
191.65▲
2024 · -176.53
Debt ≤ 1 year
€1.02M▲
2024 · €378k
Income taxes
€242k▲
2024 · €142k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 44 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.06M€1.46M▲
Fixed assets21/28€8k€46k▲
Tangible fixed assets22/27€8k€11k▲
Furniture and vehicles24€5k€8k▲
Other tangible fixed assets26€3k€3k▼
Financial fixed assets28€250€36k▲
Current assets29/58€1.05M€1.41M▲
Amounts receivable within one year40/41€46k€55k▲
Trade receivables40€46k€47k▲
Other amounts receivable41-€7k
Current investments50/53€578k€768k▲
Cash at bank and in hand54/58€426k€583k▲
Deferred charges and accrued income490/1€3k€8k▲
Equity and liabilities
Total equity and liabilities10/49€1.06M€1.46M▲
Equity10/15€682k€441k▼
Contributions10/11€19k€19k=
Reserves13€664k€423k▼
Distributable reserves133€664k€423k▼
Amounts payable17/49€378k€1.02M▲
Amounts payable within one year42/48€378k€1.02M▲
Trade debts44€4k€8k▲
Suppliers440/4€4k€8k▲
Taxes, remuneration and social security45€56k€57k▲
Taxes450/3€56k€57k▲
Other amounts payable47/48€318k€955k▲
Accrued charges and deferred income492/3€374-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€624€998▲
Gross operating margin9900€509k€955k▲
Operating profit (loss)9901€507k€951k▲
Financial income75/76B€3k€9k▲
Recurring financial income75€3k€9k▲
Financial charges65/66B€-3k€5k▲
Recurring financial charges65€-3k€5k▲
Profit (loss) for the period before taxes9903€512k€955k▲
Income taxes67/77€142k€242k▲
Profit (loss) for the period9904€370k€713k▲
Profit (loss) for the period to be appropriated9905€370k€713k▲
Appropriation of the result
Profit (loss) to be appropriated9906€370k€713k▲
Transfer from equity791/2-€241k
Transfer to equity691/2€170k-
To other reserves6921€170k-
Profit to be distributed694/7€200k€955k▲
Return on contributions (dividend)694€200k€955k▲
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €204 | €617 | €2k | €3k | ▲ 57.3% |
| Other operating charges640/8 | €2k | €535 | €781 | €624 | €998 | ▲ 59.8% |
| Gross operating margin9900 | €-13k | €172k | €369k | €509k | €955k | ▲ 87.6% |
| Operating profit (loss)9901 | €-15k | €171k | €368k | €507k | €951k | ▲ 87.8% |
| Financial income75/76B | €2k | €5k | €3k | €3k | €9k | ▲ 246% |
| Recurring financial income75 | €2k | €5k | €3k | €3k | €9k | ▲ 246% |
| Financial charges65/66B | €173 | €11k | €-8k | €-3k | €5k | ▲ 273% |
| Recurring financial charges65 | €173 | €11k | €-8k | €-3k | €5k | ▲ 273% |
| Profit (loss) for the period before taxes9903 | €-14k | €165k | €378k | €512k | €955k | ▲ 86.5% |
| Income taxes67/77 | €645 | €47k | €104k | €142k | €242k | ▲ 70.7% |
| Profit (loss) for the period9904 | €-14k | €118k | €274k | €370k | €713k | ▲ 92.6% |
| Profit (loss) for the period to be appropriated9905 | €-14k | €118k | €274k | €370k | €713k | ▲ 92.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €299k | €452k | €724k | €1.06M | €1.46M | ▲ 37.7% |
| Fixed assets21/28 | - | €3k | €4k | €8k | €46k | ▲ 477% |
| Tangible fixed assets22/27 | - | €3k | €4k | €8k | €11k | ▲ 37.2% |
| Furniture and vehicles24 | - | €3k | €4k | €5k | €8k | ▲ 64.7% |
| Other tangible fixed assets26 | - | - | - | €3k | €3k | ▼ 10.2% |
| Financial fixed assets28 | - | €250 | €250 | €250 | €36k | ▲ 14,183% |
| Current assets29/58 | €299k | €448k | €719k | €1.05M | €1.41M | ▲ 34.3% |
| Amounts receivable within one year40/41 | €967 | €44k | €45k | €46k | €55k | ▲ 19.1% |
| Trade receivables40 | - | €44k | €45k | €46k | €47k | ▲ 2.8% |
| Other amounts receivable41 | €967 | - | - | - | €7k | - |
| Current investments50/53 | €248k | €325k | €428k | €578k | €768k | ▲ 33.0% |
| Cash at bank and in hand54/58 | €50k | €79k | €243k | €426k | €583k | ▲ 36.8% |
| Deferred charges and accrued income490/1 | - | - | €3k | €3k | €8k | ▲ 197% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €299k | €452k | €724k | €1.06M | €1.46M | ▲ 37.7% |
| Equity10/15 | €246k | €363k | €512k | €682k | €441k | ▼ 35.3% |
| Contributions10/11 | €19k | €19k | €19k | €19k | €19k | = |
| Reserves13 | €241k | €345k | €493k | €664k | €423k | ▼ 36.3% |
| Distributable reserves133 | €241k | €345k | €493k | €664k | €423k | ▼ 36.3% |
| Profit (loss) carried forward14 | €-14k | - | - | - | - | - |
| Amounts payable17/49 | €53k | €88k | €212k | €378k | €1.02M | ▲ 169% |
| Amounts payable within one year42/48 | €53k | €88k | €212k | €378k | €1.02M | ▲ 170% |
| Trade debts44 | €2k | €6k | €5k | €4k | €8k | ▲ 117% |
| Suppliers440/4 | €2k | €6k | €5k | €4k | €8k | ▲ 117% |
| Taxes, remuneration and social security45 | €80 | €27k | €26k | €56k | €57k | ▲ 0.5% |
| Taxes450/3 | €80 | €27k | €26k | €56k | €57k | ▲ 0.5% |
| Other amounts payable47/48 | €51k | €55k | €181k | €318k | €955k | ▲ 200% |
| Accrued charges and deferred income492/3 | - | - | - | €374 | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-14k | €118k | €274k | €370k | €713k | ▲ 92.6% |
| + Depreciation and write-downs630 | - | €204 | €617 | €2k | €3k | ▲ 57.3% |
| Operating cash flow (approximation) | €-14k | €118k | €274k | €372k | €716k | ▲ 92.4% |
| Investment in fixed assets (approximation) | - | - | €-2k | €-6k | €-41k | ▼ 647% |
| Change in cash | - | €29k | €164k | €184k | €157k | ▼ 14.6% |
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
Next filing, fiscal year 2026, expected by
2026
01-09
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
05-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2019net €713k ▲92.6%
Operating result €951k, net result €713k, both a record.
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Equity above €500kEq €512k ▲40.9%
2 profitable years in a row build equity to €512k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Back to profitnet €118k
Net result €118k after one loss-making year.
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
31-12
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity doublescurrent ratio 5.61
Current ratio from 2.36 to 5.61; short-term debt falls from €166k to €53k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Equity above €200kEq €254k ▲62.5%
2 profitable years in a row build equity to €254k.
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 92 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
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, Tervuren · 1 establishment unit since 2018
Ground area
3,843 m²
Building footprint
193 m²
Volume, LiDAR
1,370 m³
Parcel 24302G0075/00X000, Flanders · tallest building 11.1 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
KOEN BOUCKAERT
since 20182.279.492.278
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24302G0075/00X000 | Flanders | 3,843 m² | 1 · 193 m² | 11.1 m · 3 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.
Structure & network
Ownership & control
1 board mandateBoard mandates of this companythis company sits on their board1
1 location
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Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 35,641 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded29-08-2018
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
70100Activities of head offices
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.