V.B. BOUWONDERNEMING

Active

Private limited companyfounded 201510 yrs activeSteenweg op Zevendonk 151, 2300 Turnhout, BelgiumKBO/BCE: BE 0641.955.601

V.B. BOUWONDERNEMING has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €-11k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 22% of 7391 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

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Checked score

Score 2025

38 / 100

Weak

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

Axes · tick = 2023

Profitability16▼-56

Solvency40▼-14

Growth52=

Track record100

Bankruptcy probability, 12 months

1.1% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €500 at 30 days only on tighter terms

Liquidity tight (current ratio 1.1 against 1.37 in 2023; short-term debt: 75.1% and cash: 0% of total assets), and 84.9% 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

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

+raises risk○neutral

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 →

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

15.1%

Return on assets

-8.6%

Age of the figures

9 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 7391 sector peers (2025).

NBB · sector comparison

Position among 7391 sector peers

Solvency

better than 22%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 25-06-2026, 36 days ahead of the deadline.

NBB · 9 filings

Deviation from the deadline

2025

36 d early

2023

35 d early

2022

30 d late

2021

32 d early

2020

9 d early

2019

26 d late

2018

33 d early

← before the deadline after the deadline →

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 months

Position in the running window

20-09-2026 today31-12-2026 close31-07-2027 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 2025, micro schema

Equity

€19k▼ 64.9%

2023 · €55k

2018: €12k 2019: €-5k 2020: €-5k 2021: €30k 2022: €50k 2023: €55k

2018 → 2025

Total assets

€128k▼ 32.3%

2023 · €188k

2018: €99k 2019: €84k 2020: €70k 2021: €144k 2022: €117k 2023: €188k

2018 → 2025

Net result

€-11k

2023 · €5k

2018: €7k 2019: €-25k 2020: €312 2021: €35k 2022: €20k 2023: €5k

2018 → 2025

Working capital

€10k▼ 76.7%

2023 · €41k

2018: €11k 2019: €-12k 2020: €4k 2021: €34k 2022: €34k 2023: €41k

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232025Trend

Equity€-5k-€30k€50k▲ 64.5%€55k▲ 10.4%€19k▼ 64.9%

Operating result€4k-€46k▲ 944%€26k▼ 43.1%€10k▼ 60.4%€-6k

Net result€312-€35k▲ 11,222%€20k▼ 44.7%€5k▼ 73.5%€-11k

Turnover and EBIT margin not published: the micro schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result is €-6k in 2025, compared with €10k in 2023. Comparable figures for the intervening years are unavailable.

Balance-sheet composition

2025 in colour, 2023 as the grey bar beneath

Assets €128k

17.4%

82.6%

Fixed assets €22k▼ 39.7%

Current assets €105k▼ 30.5%

Equity and liabilities €128k

15.1%

84.9%

Equity €19k▼ 64.9%

Debt €108k▼ 18.8%

The debt ratio rises from 70.8% to 84.9%. Equity and debt are lower.

Key figures and ratios

2025 value · change against 2023

EBITDA

€5k▼

2023 · €21k

Cash flow

€-318▼

2023 · €16k

Solvency

15.1%▼

2023 · 29.2%

Current ratio

1.10▼

2023 · 1.37

Quick ratio

0.57▲

2023 · 0.07

Debt / equity

5.60▲

2023 · 2.42

ROE

-56.8%▼

2023 · 9.4%

ROA

-8.6%▼

2023 · 2.8%

Interest coverage

0.94▼

2023 · 12.21

Debt

€108k▼

2023 · €133k

Debt ≤ 1 year

€96k▼

2023 · €110k

Debt > 1 year

€12k▼

2023 · €22k

Staff costs

€50k▼

2023 · €81k

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 2023

Balance sheet Code20232025

Assets

Total assets20/58€188k€128k▼

Fixed assets21/28€37k€22k▼

Tangible fixed assets22/27€37k€21k▼

Plant, machinery and equipment23€18k€14k▼

Furniture and vehicles24€19k€7k▼

Financial fixed assets28-€968

Current assets29/58€152k€105k▼

Stocks and contracts in progress3€144k€51k▼

Stocks30/36€8k€11k▲

Contracts in progress37€137k€40k▼

Amounts receivable within one year40/41€7k€54k▲

Trade receivables40€7k€54k▲

Other amounts receivable41€166-

Cash at bank and in hand54/58€45€14▼

Deferred charges and accrued income490/1€202€400▲

Equity and liabilities

Total equity and liabilities10/49€188k€128k▼

Equity10/15€55k€19k▼

Contributions10/11€19k€19k=

Reserves13€10k€10k=

Non-distributable reserves130/1€109-

Reserves not available under the articles1311€109-

Distributable reserves133€10k€10k▲

Profit (loss) carried forward14€26k€-9k▼

Amounts payable17/49€133k€108k▼

Amounts payable after more than one year17€22k€12k▼

Financial debts170/4€22k€12k▼

Amounts payable within one year42/48€110k€96k▼

Financial debts43€20k€16k▼

Credit institutions430/8€20k€16k▼

Trade debts44€28k€47k▲

Suppliers440/4€28k€47k▲

Taxes, remuneration and social security45€7k€24k▲

Taxes450/3€7k€10k▲

Remuneration and social security454/9-€13k

Other amounts payable47/48€56k€9k▼

Accrued charges and deferred income492/3€597-

Income statement Code20232025

Non-recurring operating income76A€4k-

Remuneration, social security and pensions62€81k€50k▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€11k▲

Other operating charges640/8€1k€2k▲

Gross operating margin9900€103k€57k▼

Operating profit (loss)9901€10k€-6k▼

Financial income75/76B€30€28▼

Recurring financial income75€30€28▼

Financial charges65/66B€2k€5k▲

Recurring financial charges65€2k€5k▲

Profit (loss) for the period before taxes9903€9k€-11k▼

Income taxes67/77€3k-

Profit (loss) for the period9904€5k€-11k▼

Profit (loss) for the period to be appropriated9905€5k€-11k▼

Appropriation of the result

Profit (loss) to be appropriated9906€26k€-9k▼

Profit (loss) brought forward from the previous period14P€21k€2k▼

The notes to these accounts (7 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 13Financial 3Gazette 1Filings 9

Next filing, fiscal year 2026, expected by 31-07-2027

2026

25-06

NBB filing Annual accounts filed

fiscal year 2025 · micro schema

19-03

State Gazette act Registered office

General meeting · Registered-office move2 facts ▸

General meeting, 30/01/2026
Registered-office move, Steenweg op Zevendonk 151 te 2300 Turnhout

2024

26-06

NBB filing Annual accounts filed

fiscal year 2023 · micro schema

2023

30-08

NBB filing Annual accounts filed

fiscal year 2022 · micro schema · 30 days late

2022

29-06

NBB filing Annual accounts filed

fiscal year 2021 · micro schema

2021

31-12

Financial Highest result since 2018net €35k ▲11222%

Operating result €46k, net result €35k, both a record.

22-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

2020

31-12

Financial Back to profitnet €312

Net result €312 after one loss-making year.

26-08

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 26 days late

2019

31-12

Financial Weakest financial yearnet €-25k ▼477%

Net result drops to €-25k, the lowest in the series; recovery starts the following year.

28-06

NBB filing Annual accounts filed

fiscal year 2018 · micro schema

2018

30-08

NBB filing Annual accounts filed

fiscal year 2017 · micro schema · 30 days late

2017

22-09

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema · 53 days late

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

no sitting director, no change since 2020

We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.

22-06-2020 Resigned as Manager

Location & real-estate footprint

Registered office, Turnhout · 1 establishment unit since 2015

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.

Steenweg op Zevendonk 1512300 Turnhout

Ground area

8,334 m²

Building footprint

399 m²

Volume, LiDAR