ZWEMBADEN BOLLEN

Active

Private limited companyfounded 20206 yrs activeBredestraat 53, 3470 Kortenaken, BelgiumKBO/BCE: BE 0748.872.365

The computed 12-month bankruptcy probability of ZWEMBADEN BOLLEN is 1.6% (moderate). The 2025 annual accounts show equity of €3.89M and a net result of €466k. Equity is growing by ~8.9% per year across the filed fiscal years. Its solvency ranks better than 82% of 7760 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

68 / 100

Healthy

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

Axes · tick = 2024

Profitability80▲+5

Solvency98▼-2

Growth52=

Track record100

Bankruptcy probability, 12 months

1.6% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €260k at 30 days acceptable

Liquidity ample (current ratio 3.21 against 16.72 in 2024; short-term debt: 26% and cash: 2.1% of total assets), and 27.2% 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.

−lowers risk+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 →

Annual accounts: healthy financial profile

The latest annual accounts show a healthy profile in solvency, result and liquidity.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

72.8%

Return on assets

8.7%

Age of the figures

9 mo

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

28 d early

2024

113 d early

2023

on the day

2022

28 d early

2021

26 d late

2020

26 d late

← 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

21-09-2026 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, abbreviated schema

Equity

€3.89M▼ 2.1%

2024 · €3.97M

2020: €1.68M 2021: €2.98M 2022: €3.62M 2023: €3.75M 2024: €3.97M

2020 → 2025

Total assets

€5.34M▲ 24.8%

2024 · €4.28M

2020: €2.42M 2021: €3.48M 2022: €3.77M 2023: €4.06M 2024: €4.28M

2020 → 2025

Net result

€466k▲ 116%

2024 · €216k

2020: €1.49M 2021: €1.34M 2022: €632k 2023: €136k 2024: €216k

2020 → 2025

Working capital

€3.06M▼ 17.9%

2024 · €3.73M

2020: €1.67M 2021: €2.59M 2022: €3.22M 2023: €3.62M 2024: €3.73M

2020 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Equity€2.98M-€3.62M▲ 21.2%€3.75M▲ 3.8%€3.97M▲ 5.8%€3.89M▼ 2.1%

Operating result€1.92M-€842k▼ 56.1%€180k▼ 78.7%€290k▲ 61.5%€642k▲ 122%

Net result€1.34M-€632k▼ 52.8%€136k▼ 78.5%€216k▲ 59.2%€466k▲ 116%

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

Result per fiscal year

Operating resultNet result

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 122% above 2024.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €5.34M

16.6%

83.4%

Fixed assets €887k▲ 186%

Current assets €4.45M▲ 12.2%

Equity and liabilities €5.34M

72.8%

27.1%

Equity €3.89M▼ 2.1%

Provisions €5k▼ 20.7%

Debt €1.44M▲ 380%

The debt ratio rises from 7.0% to 27.1%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€829k▲

2024 · €504k

Cash flow

€653k▲

2024 · €430k

Solvency

72.8%▼

2024 · 92.8%

Current ratio

3.21▼

2024 · 16.72

Quick ratio

2.10▼

2024 · 11.25

Debt / equity

0.37▲

2024 · 0.08

ROE

12.0%▲

2024 · 5.4%

ROA

8.7%▲

2024 · 5.1%

Interest coverage

48.97▼

2024 · 534.23

Debt

€1.44M▲

2024 · €301k

Debt ≤ 1 year

€1.39M▲

2024 · €237k

Debt > 1 year

€1k

Income taxes

€198k▲

2024 · €81k

Staff costs

€786k▲

2024 · €513k

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€4.28M€5.34M▲

Fixed assets21/28€310k€887k▲

Intangible fixed assets21€84k€240k▲

Tangible fixed assets22/27€226k€646k▲

Land and buildings22€5k€77k▲

Plant, machinery and equipment23€74k€102k▲

Furniture and vehicles24€147k€114k▼

Other tangible fixed assets26-€233k

Assets under construction and advance payments27-€120k

Current assets29/58€3.97M€4.45M▲

Stocks and contracts in progress3€1.30M€1.54M▲

Stocks30/36€1.30M€1.54M▲

Amounts receivable within one year40/41€2.44M€2.78M▲

Trade receivables40€1.66M€412k▼

Other amounts receivable41€781k€2.37M▲

Cash at bank and in hand54/58€199k€110k▼

Deferred charges and accrued income490/1€24k€24k▼

Equity and liabilities

Total equity and liabilities10/49€4.28M€5.34M▲

Equity10/15€3.97M€3.89M▼

Contributions10/11€11k€41k▲

Reserves13€2.99M€3.27M▲

Tax-exempt reserves132€17k€22k▲

Distributable reserves133€2.97M€3.25M▲

Profit (loss) carried forward14€966k€572k▼

Provisions and deferred taxes16€6k€5k▼

Deferred taxes168€6k€5k▼

Amounts payable17/49€301k€1.44M▲

Amounts payable after more than one year17-€1k

Financial debts170/4-€1k

Amounts payable within one year42/48€237k€1.39M▲

Current portion of amounts payable after more than one year42-€7k

Financial debts43€0€475k▲

Credit institutions430/8€0€475k▲

Trade debts44€147k€725k▲

Suppliers440/4€147k€725k▲

Taxes, remuneration and social security45€82k€168k▲

Taxes450/3€75k€146k▲

Remuneration and social security454/9€7k€22k▲

Other amounts payable47/48€8k€13k▲

Accrued charges and deferred income492/3€64k€56k▼

Income statement Code20242025

Non-recurring operating income76A€14k€27k▲

Remuneration, social security and pensions62€513k€786k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€214k€187k▼

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€8k€-8k▼

Other operating charges640/8€20k€23k▲

Non-recurring operating charges66A-€16k

Gross operating margin9900€1.04M€1.65M▲

Operating profit (loss)9901€290k€642k▲

Financial income75/76B€7k€38k▲

Recurring financial income75€7k€38k▲

Financial charges65/66B€943€17k▲

Recurring financial charges65€943€17k▲

Profit (loss) for the period before taxes9903€296k€663k▲

Transfer from deferred taxes780€1k€1k=

Income taxes67/77€81k€198k▲

Profit (loss) for the period9904€216k€466k▲

Transfer from tax-exempt reserves789€4k€4k=

Profit (loss) for the period to be appropriated9905€220k€470k▲

Appropriation of the result

Profit (loss) to be appropriated9906€966k€572k▼

Profit (loss) brought forward from the previous period14P€747k€102k▼

Social balance

Average headcount (FTE)90878.211.4▲

The notes to these accounts (18 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 10Financial 3Gazette 1Filings 6

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

2026

03-07

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

26-06

State Gazette act Restructuring

Merger · Accounting effect · Permanent representative3 facts ▸

Merger, absorption
Accounting effect, 2026-01-01
Permanent representative, Kim BOLLEN

2025

09-04

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

31-07

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

31-12

Financial Weakest financial yearnet €136k ▼78.5%

Net result drops to €136k, the lowest in the series; recovery starts the following year.

03-07

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

2022

31-12

Financial Liquidity quadruplescurrent ratio 33.34

Current ratio from 8.73 to 33.34; short-term debt falls from €335k to €100k.

26-08

NBB filing Annual accounts filed

fiscal year 2021 · abbreviated schema · 26 days late

2021

31-12

Financial Equity above €2MEq €2.98M ▲77.5%

2 profitable years in a row build equity to €2.98M.

26-08

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema · 26 days late

Financial milestoneState Gazette actNBB 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 1. We have therefore not extracted its directors from those acts yet.

Location & real-estate footprint

Registered office, Kortenaken · 1 establishment unit since 2020

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.

Bredestraat 533470 Kortenaken

1 establishment unit

ZWEMBADEN BOLLEN

Bredestraat 53, 3470 KortenakenConstruction of utility projects for electricity and telecommunications

since 20202.304.181.946

Structure & network

Acquisitions and mergers

1 transaction

Took over:T.P.M. MANAGEMENT SERVICES

BE 0892.011.802merger by absorption · proposal · State Gazette act of 26-06-2026 (2 acts)

Public money · subsidies and aid

Flemish government

2022 to 2023 · 2 entries · 665 EUR awarded · 584 EUR paid

Year	Entries	awarded	paid
2023	1	545 EUR	464 EUR
2022	1	120 EUR	120 EUR

Schemes

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

2 entries · 665 EUR · 584 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

ENTREPRISES DE MONTAGES EN GENERAL JEAN BOUTIQUE

BE 0424.718.755

Saint-Ghislain · Eq €3.87M

Of 15,529 companies in sector 43990 we hold annual accounts for 7,423. 1,224 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded19-06-2020

Fiscal year end31-12

Activities, NACEBEL

43500Specialised construction activities

43990Other specialised construction activities

43999Specialised construction activities

33110Repair and maintenance of fabricated metal products

81230Other cleaning activities

81300Landscape service activities

Sources

Crossroads Bank for EnterprisesNational Bank · 6 filings

Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.

Contact details

1 entry

Website:www.zwembadenbollen.be

Enterprise