LA BOURRACHE
ActiveLA BOURRACHE has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €184k and a net result of €-16k. Equity is growing by ~8.5% per year across the filed fiscal years. Its solvency ranks better than 51% of 10230 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability17▼-21
Solvency70▼-15
Growth50▼-4
Stability100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity tight (current ratio 1.42 against 1.74 in 2024), and 61.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight 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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year -€16k
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
13 d early
2023
36 d early
2022
6 d early
2021
26 d early
2020
229 d late
2019
49 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€201k▼ 16.8%
2024 · €242k
2018: €162k
2019: €175k
2020: €526k
2021: €572k
2022: €198k
2023: €233k
2024: €242k
2018 → 2025
EBIT margin
-3.3%▼ 6.3pp
2024 · 2.9%
2018: 20.9%
2019: 11.1%
2020: 3.6%
2021: 7.5%
2022: 13.2%
2023: 4.3%
2024: 2.9%
2018 → 2025
Net result
€-16k▼ 1,135%
2024 · €-1k
2018: €23k
2019: €14k
2020: €14k
2021: €37k
2022: €21k
2023: €4k
2024: €-1k
2018 → 2025
Working capital
€82k▼ 18.1%
2024 · €100k
2018: €62k
2019: €69k
2020: €154k
2021: €119k
2022: €159k
2023: €86k
2024: €100k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€572k-€198k▼ 65.3%€233k▲ 17.3%€242k▲ 4.1%€201k▼ 16.8%
Equity€201k-€232k▲ 15.6%€213k▼ 8.1%€206k▼ 3.6%€184k▼ 10.5%
Operating result€43k-€26k▼ 39.1%€10k▼ 62.2%€7k▼ 28.6%€-7k
Net result€37k-€21k▼ 44.4%€4k▼ 80.9%€-1k€-16k▼ 1,135%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €7k after €7k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €480k
Fixed assets
€205k▼ 7.4%
Current assets
€275k▲ 17.5%
Equity and liabilities €480k
Equity
€184k▼ 10.5%
Provisions
€10k=
Debt
€286k▲ 19.3%
The debt ratio rises from 52.7% to 59.6%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€20k▼
2024 · €44k
Cash flow
€11k▼
2024 · €36k
Solvency
38.3%▼
2024 · 45.1%
Current ratio
1.42▼
2024 · 1.74
Quick ratio
1.37▼
2024 · 1.68
Debt / equity
1.56▲
2024 · 1.17
ROE
-8.7%▼
2024 · -0.6%
ROA
-3.3%▼
2024 · -0.3%
Interest coverage
2.16▼
2024 · 5.26
Debt
€286k▲
2024 · €240k
Debt ≤ 1 year
€194k▲
2024 · €135k
Debt > 1 year
€92k▼
2024 · €100k
Staff costs
€440k▼
2024 · €449k
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€456k€480k▲
Fixed assets21/28€221k€205k▼
Intangible fixed assets21€2k€764▼
Tangible fixed assets22/27€215k€200k▼
Land and buildings22€128k€125k▼
Plant, machinery and equipment23€69k€60k▼
Furniture and vehicles24€18k€14k▼
Financial fixed assets28€5k€5k=
Other financial fixed assets284/8€5k€5k=
Shares284€4k€4k=
Amounts receivable and cash guarantees285/8€363€363=
Current assets29/58€234k€275k▲
Stocks and contracts in progress3€8k€10k▲
Stocks30/36€8k€10k▲
Raw materials and consumables30/31€8k€10k▲
Amounts receivable within one year40/41€190k€183k▼
Trade receivables40€24k€23k▼
Other amounts receivable41€167k€160k▼
Cash at bank and in hand54/58€23k€69k▲
Deferred charges and accrued income490/1€13k€13k▼
Equity and liabilities
Total equity and liabilities10/49€456k€480k▲
Equity10/15€206k€184k▼
Reserves13€71k€71k=
Profit (loss) carried forward14€114k€98k▼
Investment grants15€21k€15k▼
Provisions and deferred taxes16€10k€10k=
Provisions for liabilities and charges160/5€10k€10k=
Other liabilities and charges164/5€10k€10k=
Amounts payable17/49€240k€286k▲
Amounts payable after more than one year17€100k€92k▼
Financial debts170/4€100k€92k▼
Credit institutions173€100k€92k▼
Amounts payable within one year42/48€135k€194k▲
Current portion of amounts payable after more than one year42€8k€8k▲
Financial debts43€64k€125k▲
Credit institutions430/8€64k€125k▲
Trade debts44€11k€21k▲
Suppliers440/4€11k€21k▲
Taxes, remuneration and social security45€51k€39k▼
Taxes450/3€3k-
Remuneration and social security454/9€48k€39k▼
Accrued charges and deferred income492/3€5k€836▼
Income statement
Code20242025
Operating income70/76A€736k€710k▼
Turnover70€242k€201k▼
Other operating income74€2k€1k▼
Non-recurring operating income76A€5k€1k▼
Operating charges60/66A€729k€717k▼
Goods for resale, raw materials and consumables60€70k€73k▲
Purchases600/8€69k€73k▲
Change in stocks: decrease (increase)609€255-
Services and other goods61€167k€177k▲
Remuneration, social security and pensions62€449k€440k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€37k€27k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€5k€0▼
Other operating charges640/8€698€584▼
Non-recurring operating charges66A-€493
Operating profit (loss)9901€7k€-7k▼
Financial charges65/66B€8k€9k▲
Recurring financial charges65€8k€9k▲
Debt charges650€8k€9k▲
Other financial charges652/9€6-
Profit (loss) for the period before taxes9903€-1k€-16k▼
Profit (loss) for the period9904€-1k€-16k▼
Profit (loss) for the period to be appropriated9905€-1k€-16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€114k€98k▼
Profit (loss) brought forward from the previous period14P€116k€114k▼
Social balance
Average headcount (FTE)90878.68.3▼
The notes to these accounts (41 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
20-08
State Gazette act
Resignations & appointmentsBoard meeting · Director resignation · General meeting5 facts ▸
State Gazette act
Resignations & appointments
Board meeting · Director resignation · General meeting5 facts ▸
- Board meeting, 2026-06-02
- Director resignation, Françoise Vandalem (personne déléguée à la gestion journalière)
- General meeting, 2026-06-17
- Director reappointment, Géraldine Martin (administrateur)
- Director resignation, Tom Lismonde (administrateur)
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-16k
Net result drops to €-16k, the lowest in the series.
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
17-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 229 days late
2021
31-12
Financial
Highest result since 2018net €37k ▲164%
Operating result €43k, net result €37k, both a record.
31-12
Financial
Equity above €200kEq €201k ▲16.7%
4 profitable years in a row build equity to €201k.
2020
31-12
Financial
Equity above €150kEq €172k ▲42.3%
3 profitable years in a row build equity to €172k.
18-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 49 days late
2019
28-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
11-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 directors, no change since 2026
MARTIN Géraldine
CurrentDirector
28-06-2026
Tom LISMONDE: Resigned as Director
19-05-2026
Françoise Vandalem: Resigned as Personne déléguée à la gestion journalière
30-07-2025
Emile HENROTTE: Resigned as Director
30-07-2025
Isabelle DUBOIS: Resigned as Director
30-07-2025
Jean-Marc MICHALOWSKI: Resigned as Director
28-06-2023
COLLIGNON: Resigned as Director
07-06-2022
MOUCHAMPS: Resigned as Director
22-05-2018
Sébastien Biet: Resigned as Director
Location & real-estate footprint
Registered office, Awans · 1 establishment unit since 2008
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.
Rue Chaussée 464342 AwansGround area
353 m²
Building footprint
51 m²
Parcel 62006A0706/00_000, Wallonia. Linked by address, not a title deed.
1 establishment unit
LA BOURRACHE
since 20082.178.763.817
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62006A0706/00_000 | Wallonia | 353 m² | 1 · 51 m² | - |
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.
Structure & network
Connections & network
2 connected companiesLinked via shared directors
viaMARTIN Géraldine · Director
former→
viaMARTIN Géraldine · Director
former→
Recognitions · licences · registrations
Food safety, FASFC
1 siteAwans2.178.763.817
Similar companies · same sector, comparable size
MULTIFRUITS
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Edelweis New
BE 0894.139.070
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DE KOLIS
BE 0825.096.054
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Vano & Co
BE 0466.450.531
Menen · Eq €182k
FRANCO ET PINA
BE 0460.662.601
Brussel · Eq €182k
Of 3,812 companies in sector 47210 we hold annual accounts for 958. 713 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded30-10-2003
Fiscal year end31-12
Activities, NACEBEL
47210Retail sale of fruit and vegetables
85592Vocational training
93053
96999Other personal services
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.