SOLE MARE BOUW
ActiveSummary
SOLE MARE BOUW has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €80k and a net result of €32k. Equity is growing by ~5.4% per year across the filed fiscal years. Its solvency ranks better than 45% of 9194 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
70
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability64▼-10
Solvency52▲+12
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 5.44 against 6.64 in 2024; short-term debt: 18.4% and cash: 2.1% of total assets), but 73.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← 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
26.5%
Return on assets
10.7%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 10-03-2026, 51 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
51 d early
2024
47 d early
2023
33 d early
2022
52 d early
2021
5 d early
2020
29 d early
2019
73 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€80k▲ 67.8%
2024 · €48k
2018: €52k
2019: €43k
2020: €33k
2021: €72k
2022: €76k
2023: €717
2024: €48k
2018 → 2025
Total assets
€302k▼ 5.5%
2024 · €320k
2018: €1.83M
2019: €4.86M
2020: €7.12M
2021: €2.52M
2022: €1.15M
2023: €502k
2024: €320k
2018 → 2025
Net result
€32k▼ 31.2%
2024 · €47k
2018: €-10k
2019: €-9k
2020: €-10k
2021: €340k
2022: €333k
2023: €-75k
2024: €47k
2018 → 2025
Working capital
€247k▼ 9.1%
2024 · €271k
2018: €56k
2019: €47k
2020: €30k
2021: €1.30M
2022: €525k
2023: €442k
2024: €271k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€72k-€76k▲ 4.8%€717▼ 99.1%€48k▲ 6,568%€80k▲ 67.8%
Operating result€453k-€446k▼ 1.5%€-75k€46k€35k▼ 24.6%
Net result€340k-€333k▼ 1.9%€-75k€47k€32k▼ 31.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 25% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €302k
Equity
€80k ▲ 67.8%
Debt
€222k ▼ 18.4%
Debt's share of the balance-sheet total falls from 85.1% to 73.5%. Equity is higher and debt is lower.
Key figures and ratios
Current ratio
5.44▼
2024 · 6.64
Debt to equity
2.77▼
2024 · 5.70
ROE
40.4%▼
2024 · 98.5%
ROA
10.7%▼
2024 · 14.7%
Debt ≤ 1 year
€56k▲
2024 · €48k
Income taxes
€2k
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 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€320k€302k▼
Fixed assets21/28€400-
Financial fixed assets28€400-
Current assets29/58€320k€302k▼
Amounts receivable within one year40/41€316k€292k▼
Trade receivables40€6k€4k▼
Other amounts receivable41€310k€288k▼
Cash at bank and in hand54/58€292€6k▲
Deferred charges and accrued income490/1€4k€4k▲
Equity and liabilities
Total equity and liabilities10/49€320k€302k▼
Equity10/15€48k€80k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€6k€18k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133-€12k
Profit (loss) carried forward14€-20k-
Amounts payable17/49€272k€222k▼
Amounts payable within one year42/48€48k€56k▲
Trade debts44€7k€22k▲
Suppliers440/4€7k€22k▲
Taxes, remuneration and social security45-€2k
Taxes450/3-€2k
Other amounts payable47/48€41k€32k▼
Accrued charges and deferred income492/3€224k€167k▼
Income statement
Code20242025
Other operating charges640/8€428€1k▲
Gross operating margin9900€47k€36k▼
Operating profit (loss)9901€46k€35k▼
Financial income75/76B€2k-
Recurring financial income75€2k-
Financial charges65/66B€938€943▲
Recurring financial charges65€838€943▲
Non-recurring financial charges66B€100-
Profit (loss) for the period before taxes9903€47k€34k▼
Income taxes67/77-€2k
Profit (loss) for the period9904€47k€32k▼
Profit (loss) for the period to be appropriated9905€47k€32k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-20k€12k▲
Profit (loss) brought forward from the previous period14P€-67k€-20k▲
Transfer to equity691/2-€12k
To other reserves6921-€12k
The notes to these accounts (2 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
10-03
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
14-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Back to profitnet €47k
Net result €47k after one loss-making year.
28-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Weakest financial yearnet €-75k ▼123%
Net result drops to €-75k, the lowest in the series; recovery starts the following year.
30-09
Financial
Liquidity times 5current ratio 8.44
Current ratio from 1.84 to 8.44; short-term debt falls from €623k to €59k.
09-03
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
25-04
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
30-09
Financial
Back to profitnet €340k
Net result €340k after 3 loss-making years.
30-09
Financial
Liquidity doublescurrent ratio 2.08
Current ratio from 1.00 to 2.08; short-term debt falls from €7.09M to €1.21M.
02-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
19-05
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
17-06
NBB filing
Annual accounts filed
fiscal year 2018 · 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, Knokke-Heist · 1 establishment unit since 2017
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.
Natiënlaan 2658300 Knokke-HeistGround area
912 m²
Building footprint
347 m²
Volume, LiDAR
779 m³
Parcel 31039E0089/00K002, Flanders · tallest building 10.2 m. Linked by address, not a title deed.
1 establishment unit
SOLE MARE BOUW
since 20172.264.221.906
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31039E0089/00K002 | Flanders | 912 m² | 1 · 347 m² | 10.2 m |
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.
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Of 9,694 companies in sector 68121 we hold annual accounts for 7,383. 5,249 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded18-04-2017
Fiscal year end30-09
Activities, NACEBEL 2025
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:johan@olste.be
Phone:050/67.72.60