S-BOUW
ActiveS-BOUW has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.19M and a net result of €255k. Equity is growing by ~8.3% per year across the filed fiscal years. Its solvency ranks better than 86% of 827 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
77
/ 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
Profitability60▼-5
Solvency100▲+5
Growth48▼-11
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €320k at 30 days acceptable
Liquidity ample (current ratio 5.5 against 4.13 in 2024; short-term debt: 16.8% and cash: 23.3% of total assets), and 24.9% 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 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 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
75.1%
Return on assets
4.6%
Age of the figures
18 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 29-10-2025, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
1 d early
2023
36 d early
2022
24 d early
2021
16 d late
2020
41 d late
2019
on the day
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close20-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, full schema
Turnover
€14.08M▼ 21.8%
2024 · €18.02M
2021: €13.06M
2022: €17.61M
2023: €22.61M
2024: €18.02M
2021 → 2025
EBIT margin
2.1%▼ 1.2pp
2024 · 3.4%
2021: 7.6%
2022: 4.8%
2023: 2.4%
2024: 3.4%
2021 → 2025
Net result
€255k▼ 46.2%
2024 · €474k
2019: €526k
2020: €604k
2021: €727k
2022: €595k
2023: €438k
2024: €474k
2019 → 2025
Working capital
€4.21M▲ 10.1%
2024 · €3.83M
2019: €4.06M
2020: €4.74M
2021: €2.84M
2022: €3.27M
2023: €3.60M
2024: €3.83M
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€13.06M-€17.61M▲ 34.9%€22.61M▲ 28.4%€18.02M▼ 20.3%€14.08M▼ 21.8%
Equity€2.71M-€3.31M▲ 21.9%€3.75M▲ 13.2%€3.94M▲ 5.0%€4.19M▲ 6.5%
Operating result€990k-€840k▼ 15.2%€539k▼ 35.8%€604k▲ 12.0%€298k▼ 50.6%
Net result€727k-€595k▼ 18.2%€438k▼ 26.4%€474k▲ 8.3%€255k▼ 46.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 51% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €5.58M
Fixed assets
€430k▼ 20.2%
Current assets
€5.15M▲ 2.0%
Equity and liabilities €5.58M
Equity
€4.19M▲ 6.5%
Debt
€1.39M▼ 16.0%
The debt ratio falls from 29.6% to 24.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€425k▼
2024 · €748k
Cash flow
€382k▼
2024 · €619k
Solvency
75.1%▲
2024 · 70.4%
Current ratio
5.50▲
2024 · 4.13
Quick ratio
5.46▲
2024 · 4.10
Debt / equity
0.33▼
2024 · 0.42
ROE
6.1%▼
2024 · 12.0%
ROA
4.6%▼
2024 · 8.5%
Interest coverage
8.52▼
2024 · 26.02
Debt
€1.39M▼
2024 · €1.65M
Debt ≤ 1 year
€936k▼
2024 · €1.22M
Debt > 1 year
€400k=
2024 · €400k
Income taxes
€92k▼
2024 · €170k
Staff costs
€266k▲
2024 · €236k
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€5.59M€5.58M▼
Fixed assets21/28€539k€430k▼
Tangible fixed assets22/27€506k€397k▼
Land and buildings22€205k€205k=
Plant, machinery and equipment23€134k€91k▼
Furniture and vehicles24€167k€101k▼
Financial fixed assets28€32k€32k=
Affiliated companies280/1€31k€31k=
Participating interests280€31k€31k=
Other financial fixed assets284/8€1k€1k=
Amounts receivable and cash guarantees285/8€1k€1k=
Current assets29/58€5.05M€5.15M▲
Stocks and contracts in progress3€40k€40k=
Contracts in progress37€40k€40k=
Amounts receivable within one year40/41€1.36M€732k▼
Trade receivables40€698k€445k▼
Other amounts receivable41€665k€288k▼
Current investments50/53-€3.05M
Other investments51/53-€3.05M
Cash at bank and in hand54/58€3.58M€1.30M▼
Deferred charges and accrued income490/1€64k€27k▼
Equity and liabilities
Total equity and liabilities10/49€5.59M€5.58M▼
Equity10/15€3.94M€4.19M▲
Contributions10/11€20k€20k=
Reserves13€1.68M€1.68M=
Distributable reserves133€1.68M€1.68M=
Profit (loss) carried forward14€2.23M€2.49M▲
Amounts payable17/49€1.65M€1.39M▼
Amounts payable after more than one year17€400k€400k=
Financial debts170/4€400k€400k=
Other loans174€400k€400k=
Amounts payable within one year42/48€1.22M€936k▼
Trade debts44€781k€495k▼
Suppliers440/4€781k€495k▼
Taxes, remuneration and social security45€29k€37k▲
Taxes450/3€7k€8k▲
Remuneration and social security454/9€22k€29k▲
Other amounts payable47/48€411k€404k▼
Accrued charges and deferred income492/3€29k€50k▲
Income statement
Code20242025
Operating income70/76A€18.07M€14.13M▼
Turnover70€18.02M€14.08M▼
Change in stocks of work in progress, finished goods and contracts in progress71€0-
Other operating income74€56k€45k▼
Non-recurring operating income76A€0-
Operating charges60/66A€17.47M€13.83M▼
Goods for resale, raw materials and consumables60€14.12M€10.46M▼
Purchases600/8€14.12M€10.46M▼
Change in stocks: decrease (increase)609€-777€0▲
Services and other goods61€2.97M€2.97M=
Remuneration, social security and pensions62€236k€266k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€145k€127k▼
Other operating charges640/8€5k€5k▲
Operating profit (loss)9901€604k€298k▼
Financial income75/76B€189k€221k▲
Recurring financial income75€189k€221k▲
Income from current assets751€17k€68k▲
Other financial income752/9€172k€154k▼
Financial charges65/66B€148k€172k▲
Recurring financial charges65€148k€172k▲
Debt charges650€29k€50k▲
Other financial charges652/9€120k€122k▲
Profit (loss) for the period before taxes9903€644k€347k▼
Income taxes67/77€170k€92k▼
Taxes670/3€170k€92k▼
Profit (loss) for the period9904€474k€255k▼
Profit (loss) for the period to be appropriated9905€474k€255k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.23M€2.49M▲
Profit (loss) brought forward from the previous period14P€1.76M€2.23M▲
Transfer from equity791/2€286k€0▼
From reserves792€286k€0▼
Profit to be distributed694/7€286k€0▼
Return on contributions (dividend)694€286k€0▼
Social balance
Average headcount (FTE)90874.24.7▲
The notes to these accounts (47 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
2025
29-10
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
31-03
Financial
Weakest financial yearnet €255k ▼46.2%
Net result drops to €255k, the lowest in the series.
2024
30-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
25-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
31-03
Financial
Liquidity triplescurrent ratio 4.64
Current ratio from 1.52 to 4.64; short-term debt falls from €6.23M to €987k.
2022
07-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2021
16-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 16 days late
31-03
Financial
Highest result since 2019net €727k ▲20.4%
Net result €727k, the highest in the series.
31-03
Financial
Equity above €2MEq €2.71M ▲36.6%
3 profitable years in a row build equity to €2.71M.
2020
11-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 41 days late
2019
31-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
30-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
26-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Halle · 1 establishment unit since 1997
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.
Bergensesteenweg 7531502 HalleGround area
4,419 m²
Building footprint
2,071 m²
Volume, LiDAR
16,223 m³
Parcel 23043C0380/00Y002, Flanders · tallest building 9.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
S-BOUW BVBA
since 19972.083.900.884
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23043C0380/00Y002 | Flanders | 4,418 m² | 1 · 2,071 m² | 9.0 m · 3 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.
Recognitions · licences · registrations
Legal Entity Identifier
254900T181I6TL8NVV11
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,041. 2,268 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded08-09-1997
Fiscal year end31-03
Activities, NACEBEL
41001General construction of residential buildings
45211
Sources
Crossroads Bank for EnterprisesNational Bank · 27 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.