SEBASTIEN BOLAND

Active

Private limited companyfounded 20215 yrs activeRue de la Chapelle 24, 4841 Welkenraedt, BelgiumKBO/BCE: BE 0764.898.052

The computed 12-month bankruptcy probability of SEBASTIEN BOLAND is 2.7% (moderate). The 2024 annual accounts show equity of €71k and a net result of €39k. Equity is growing by ~57.1% per year across the filed fiscal years. Its solvency ranks better than 49% of 36376 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2024

67 / 100

Healthy

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability100▲+26

Solvency71▲+30

Growth78=

Track record94

Bankruptcy probability, 12 months

2.7% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €4.5k at 30 days acceptable

Liquidity tight (current ratio 1.18 against 0.89 in 2023; short-term debt: 33.4% and cash: 5.9% of total assets), and 54.4% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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

Sector 43

higher

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-06-2025, 45 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

not confirmed

2024

45 d early

2023

on the day

2022

11 d late

2021

60 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity

€71k▲ 120%

2023 · €32k

2021: €16k 2022: €24k 2023: €32k

2021 → 2024

Total assets

€155k▼ 24.1%

2023 · €204k

2021: €165k 2022: €224k 2023: €204k

2021 → 2024

Net result

€39k▲ 358%

2023 · €8k

2021: €6k 2022: €8k 2023: €8k

2021 → 2024

Working capital

€9k

2023 · €-12k

2021: €-45k 2022: €-40k 2023: €-12k

2021 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2021202220232024Trend

Equity€16k-€24k▲ 49.8%€32k▲ 35.6%€71k▲ 120%

Operating result€8k-€12k▲ 43.1%€13k▲ 15.8%€50k▲ 272%

Net result€6k-€8k▲ 36.2%€8k▲ 7.2%€39k▲ 358%

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 three years in a row; 2024 is 272% above 2023 and is the highest result in the available series.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €155k

60.6%

39.4%

Fixed assets €94k▼ 9.7%

Current assets €61k▼ 39.1%

Equity and liabilities €155k

45.6%

54.4%

Equity €71k▲ 120%

Debt €84k▼ 51.0%

The debt ratio falls from 84.3% to 54.4%. Equity is higher and debt is lower.

Key figures and ratios

2024 value · change against 2023

EBITDA

€94k▲

2023 · €61k

Cash flow

€83k▲

2023 · €56k

Solvency

45.6%▲

2023 · 15.7%

Current ratio

1.18▲

2023 · 0.89

Quick ratio

1.18▲

2023 · 0.89

Debt / equity

1.19▼

2023 · 5.36

ROE

54.6%▲

2023 · 26.3%

ROA

24.9%▲

2023 · 4.1%

Interest coverage

26.06▲

2023 · 12.97

Debt

€84k▼

2023 · €172k

Debt ≤ 1 year

€52k▼

2023 · €112k

Debt > 1 year

€32k▼

2023 · €60k

Income taxes

€8k▲

2023 · €261

Staff costs

€175k▲

2023 · €152k

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€204k€155k▼

Fixed assets21/28€104k€94k▼

Tangible fixed assets22/27€103k€93k▼

Plant, machinery and equipment23€31k€24k▼

Furniture and vehicles24€9k€6k▼

Leasing and similar rights25€63k€63k▼

Financial fixed assets28€1k€1k=

Current assets29/58€100k€61k▼

Amounts receivable within one year40/41€81k€48k▼

Trade receivables40€46k€30k▼

Other amounts receivable41€36k€18k▼

Cash at bank and in hand54/58€15k€9k▼

Deferred charges and accrued income490/1€3k€4k▲

Equity and liabilities

Total equity and liabilities10/49€204k€155k▼

Equity10/15€32k€71k▲

Contributions10/11€10k€10k=

Reserves13€22k€61k▲

Distributable reserves133€22k€61k▲

Profit (loss) carried forward14€29€45▲

Amounts payable17/49€172k€84k▼

Amounts payable after more than one year17€60k€32k▼

Financial debts170/4€60k€32k▼

Amounts payable within one year42/48€112k€52k▼

Current portion of amounts payable after more than one year42€27k€34k▲

Trade debts44€71k€18k▼

Suppliers440/4€71k€18k▼

Taxes, remuneration and social security45€1k€3▼

Taxes450/3€619€3▼

Remuneration and social security454/9€546-

Other amounts payable47/48€12k-

Income statement Code20232024

Remuneration, social security and pensions62€152k€175k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€47k€45k▼

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€20k

Other operating charges640/8€7k€8k▲

Gross operating margin9900€219k€298k▲

Operating profit (loss)9901€13k€50k▲

Financial income75/76B€2€42▲

Recurring financial income75€2€42▲

Financial charges65/66B€5k€4k▼

Recurring financial charges65€5k€4k▼

Profit (loss) for the period before taxes9903€9k€46k▲

Income taxes67/77€261€8k▲

Profit (loss) for the period9904€8k€39k▲

Profit (loss) for the period to be appropriated9905€8k€39k▲

Appropriation of the result

Profit (loss) to be appropriated9906€8k€39k▲

Profit (loss) brought forward from the previous period14P€14€29▲

Transfer to equity691/2€8k€39k▲

To other reserves6921€8k€39k▲

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 5Financial 1Filings 4

2025

16-06

NBB filing Annual accounts filed

fiscal year 2024 · micro schema

2024

31-12

Financial Highest result since 2021net €39k ▲358%

Operating result €50k, net result €39k, both a record.

31-07

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

11-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 11 days late

2022

01-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Welkenraedt · 1 establishment unit since 2021

establishment The establishment unit on the map

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 de la Chapelle 244841 Welkenraedt

Ground area

1,049 m²

Building footprint

124 m²

Volume, LiDAR

825 m³

Parcel 63032C0004/00R000, Wallonia · tallest building 8.7 m, ±2 floors. Linked by address, not a title deed.

1 establishment unit

SEBASTIEN BOLAND SRL

Rue de la Chapelle 24, 4841 WelkenraedtConstruction of residential and non-residential buildings

since 20212.314.670.913

1 parcel

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
63032C0004/00R000	Wallonia	1,049 m²	1 · 124 m²	8.7 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

RAAS-Vrolijke Vriendjes

Tongeren-Borgloon · Eq €71k

VERHELST TOITURES

BE 0791.531.183

Frasnes-lez-Anvaing · Eq €71k

Montigny-le-Tilleul · Eq €70k

Of 11,139 companies in sector 43910 we hold annual accounts for 5,486. 4,789 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded10-03-2021

Fiscal year end31-12

Activities, NACEBEL

43910Bricklaying and masonry work

43994Specialised construction activities

43310Plastering work

43422Screed work

43990Other specialised construction activities

43992Specialised construction activities

43995Specialised construction activities

81220Other building cleaning and industrial cleaning

81300Landscape service activities

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.