STEFAN BOESMAN
ActiveSTEFAN BOESMAN has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €502k and a net result of €-38k. Equity is growing by ~7.3% per year across the filed fiscal years. Its solvency ranks better than 26% of 7692 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
51
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability27▲+19
Solvency49▼-7
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity short (current ratio 0.47 against 0.85 in 2024; short-term debt: 32.5% and cash: 2.1% of total assets), and 75.6% 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 43
Relative position
BE, all sectors
reference
Sector 43
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 is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-38k
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 17-07-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 d early
2024
99 d early
2023
23 d early
2022
52 d early
2021
80 d early
2020
65 d early
2019
24 d early
← 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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€502k▼ 7.0%
2024 · €540k
2018: €420k
2019: €58k
2020: €86k
2021: €803k
2022: €691k
2023: €693k
2024: €540k
2018 → 2025
Total assets
€2.06M▲ 19.6%
2024 · €1.72M
2018: €1.91M
2019: €1.67M
2020: €1.39M
2021: €1.96M
2022: €1.84M
2023: €1.89M
2024: €1.72M
2018 → 2025
Net result
€-38k▲ 75.5%
2024 · €-153k
2018: €-404k
2019: €42k
2020: €15k
2021: €133k
2022: €-112k
2023: €2k
2024: €-153k
2018 → 2025
Working capital
€-358k▼ 356%
2024 · €-78k
2018: €-225k
2019: €-80k
2020: €-59k
2021: €37k
2022: €-87k
2023: €-84k
2024: €-78k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€803k-€691k▼ 14.0%€693k▲ 0.3%€540k▼ 22.1%€502k▼ 7.0%
Operating result€181k-€-63k€67k€-92k€32k
Net result€133k-€-112k€2k€-153k€-38k▲ 75.5%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €32k after a loss of €92k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.06M
Fixed assets
€1.75M▲ 35.1%
Current assets
€312k▼ 27.2%
Equity and liabilities €2.06M
Equity
€502k▼ 7.0%
Debt
€1.56M▲ 31.8%
The debt ratio rises from 68.6% to 75.6%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€98k▲
2024 · €-18k
Cash flow
€29k▲
2024 · €-80k
Solvency
24.4%▼
2024 · 31.4%
Current ratio
0.47▼
2024 · 0.85
Quick ratio
0.47▲
2024 · 0.46
Debt / equity
3.10▲
2024 · 2.19
ROE
-7.5%▲
2024 · -28.4%
ROA
-1.8%▲
2024 · -8.9%
Interest coverage
1.24▲
2024 · -0.30
Debt
€1.56M▲
2024 · €1.18M
Debt ≤ 1 year
€670k▲
2024 · €507k
Debt > 1 year
€886k▲
2024 · €674k
Income taxes
€373▼
2024 · €438
Staff costs
€307k▼
2024 · €381k
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€1.72M€2.06M▲
Fixed assets21/28€1.29M€1.75M▲
Tangible fixed assets22/27€1.26M€1.71M▲
Land and buildings22€1.24M€1.71M▲
Plant, machinery and equipment23€4k€0▼
Furniture and vehicles24€11k€0▼
Financial fixed assets28€36k€36k=
Current assets29/58€429k€312k▼
Stocks and contracts in progress3€193k€0▼
Stocks30/36€183k€0▼
Contracts in progress37€10k€0▼
Amounts receivable within one year40/41€89k€267k▲
Trade receivables40€71k€218k▲
Other amounts receivable41€18k€49k▲
Cash at bank and in hand54/58€125k€42k▼
Deferred charges and accrued income490/1€22k€3k▼
Equity and liabilities
Total equity and liabilities10/49€1.72M€2.06M▲
Equity10/15€540k€502k▼
Contributions10/11€93k€93k=
Revaluation surpluses12€515k€492k▼
Reserves13€0€23k▲
Distributable reserves133€0€23k▲
Profit (loss) carried forward14€-69k€-106k▼
Amounts payable17/49€1.18M€1.56M▲
Amounts payable after more than one year17€674k€886k▲
Financial debts170/4€674k€886k▲
Amounts payable within one year42/48€507k€670k▲
Current portion of amounts payable after more than one year42€58k€123k▲
Financial debts43€250k€0▼
Credit institutions430/8€250k€0▼
Trade debts44€40k€547k▲
Suppliers440/4€40k€547k▲
Taxes, remuneration and social security45€31k€831▼
Taxes450/3€818€0▼
Remuneration and social security454/9€30k€831▼
Other amounts payable47/48€128k€0▼
Accrued charges and deferred income492/3€559€1k▲
Income statement
Code20242025
Non-recurring operating income76A-€19k
Remuneration, social security and pensions62€381k€307k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€74k€66k▼
Other operating charges640/8€23k€10k▼
Non-recurring operating charges66A€0€3k▲
Gross operating margin9900€386k€417k▲
Operating profit (loss)9901€-92k€32k▲
Financial income75/76B€625€10k▲
Recurring financial income75€625€10k▲
Financial charges65/66B€61k€79k▲
Recurring financial charges65€61k€79k▲
Profit (loss) for the period before taxes9903€-153k€-37k▲
Income taxes67/77€438€373▼
Profit (loss) for the period9904€-153k€-38k▲
Profit (loss) for the period to be appropriated9905€-153k€-38k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-153k€-106k▲
Profit (loss) brought forward from the previous period14P-€-69k
Transfer from equity791/2€85k€0▼
Transfer to equity691/2€0-
To other reserves6921€0-
Social balance
Average headcount (FTE)90876.75.6▼
The notes to these accounts (30 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
17-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
23-04
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
12-05
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €133k ▲761%
Operating result €181k, net result €133k, both a record.
31-12
Financial
Equity above €500kEq €803k ▲834%
3 profitable years in a row build equity to €803k.
27-05
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
07-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €42k
Net result €42k after one loss-making year.
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
13-07
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
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, Lochristi · 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.
Bedrijvenlaan 69080 LochristiGround area
3,079 m²
Building footprint
1,181 m²
Volume, LiDAR
9,095 m³
Parcel 44077B0017/00B000, Flanders · tallest building 9.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Stefan Boesman
since 20172.262.675.250
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44077B0017/00B000 | Flanders | 3,079 m² | 1 · 1,181 m² | 9.2 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.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 5 entries · 5,280 EUR awarded · 5,280 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 3,000 EUR | 3,000 EUR |
| 2023 | 2 | 1,750 EUR | 1,750 EUR |
| 2022 | 2 | 530 EUR | 530 EUR |
Schemes
Aanwervingsincentive voor langdurig werkzoekenden (AWI) - Stopgezet
Stagebonus (stopgezet)
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Recognised contractor
4 categoriesSTEFAN BOESMAN BV24007
Dual-learning approval
5 live approvals · 5 endedMonteur sanitaire en verwarmingsinstallaties duaal (so)
Sanitaire en verwarmingsinstallaties duaal (so)
Technicus installatietechnieken (vwo)
Technicus installatietechnieken duaal (so)
Vakman installatietechnieken (vwo)
Similar companies · same sector, comparable size
GODEAU FRERES
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DE VAREZ EDDY - CENTRALE VERWARMING & SANITAIR
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Coussens Mathieu
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LOODGIETERSBEDRIJF VAN ROOSENDAEL GEERT
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DEBOUCHAGE BRAVO
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Of 7,036 companies in sector 43221 we hold annual accounts for 3,468. 2,323 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-08-2002
Fiscal year end31-12
Activities, NACEBEL
43221Plumbing work
43222Installation of electric heating, air conditioning, cooling and ventilation
45332
43350Other building finishing work
43410Roofing work
45220
47527Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.