BO
BO has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-39k) and a net result of €-24k. Equity is shrinking by ~98.5% per year across the filed fiscal years. Its solvency ranks better than 13% of 17366 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.9% (low).
| Equity | €-39k |
| Net result | €-24k |
| Better than sector | 13% |
| Active | 37 yrs |
Mixed profile: strong on profitability, weaker on health.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -41.8% | 34.6% | |
| Net result | €-24k | €5k | |
| Equity | €-39k | €44k | |
| Gross operating margin | €-6k | €34k | |
| Total assets | €94k | €154k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - |
| EBITDA | €-9k | €-21k | €-13k | €17k |
| Net profit | €-24k | €-35k | €-27k | €2k |
| Cash flow | €-9k | €-21k | €-14k | €15k |
| Staff costs | - | - | - | - |
| Income taxes | €176 | €140 | €123 | €886 |
| Dividends | - | - | - | - |
| Total assets | €94k | €101k | €98k | €130k |
| Equity | €-39k | €-16k | €19k | €46k |
| Debt | €133k | €117k | €79k | €85k |
| of which ≤ 1y | €133k | €117k | €78k | €84k |
| of which > 1y | - | - | - | - |
| Working capital | €-129k | €-110k | €-58k | €-44k |
| Employees (FTE) | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 0.03 | 0.05 | 0.26 | 0.48 |
| Quick ratio | 0.03 | 0.05 | 0.26 | 0.48 |
| Working capital ratio | -137.8% | -109.2% | -59.1% | -33.4% |
| Solvency | -41.8% | -15.5% | 19.5% | 34.9% |
| Debt / equity | -3.39 | -7.46 | 4.14 | 1.86 |
| Long-term debt ratio | - | - | - | - |
| Interest coverage | -26.00 | -31.33 | -46.57 | 79.22 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | -25.1% | -34.3% | -27.1% | 1.5% |
| ROE | 60.1% | 221.8% | -139.1% | 4.2% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Full annual accounts (22 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €94k | €101k | €98k | €130k |
| Fixed assets | 21/28 | €90k | €95k | €78k | €90k |
| Tangible fixed assets | 22/27 | €90k | €95k | €78k | €90k |
| Current assets | 29/58 | €4k | €6k | €20k | €41k |
| Amounts receivable within one year | 40/41 | €3k | €4k | €377 | €19k |
| Cash & bank | 54/58 | €636 | €3k | €20k | €21k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €94k | €101k | €98k | €130k |
| Equity | 10/15 | €-39k | €-16k | €19k | €46k |
| Contributions / capital | 10/11 | €19k | €19k | €19k | €19k |
| Reserves | 13 | €3k | €3k | €3k | €3k |
| Accumulated profits (losses) | 14 | €-61k | €-37k | €-2k | €24k |
| Amounts payable | 17/49 | €133k | €117k | €79k | €85k |
| Amounts payable within one year | 42/48 | €133k | €117k | €78k | €84k |
| Trade debts payable within one year | 44 | €13k | €140 | €193 | €1k |
| Income statement | |||||
| Gross operating margin | 9900 | €-6k | €-16k | €-11k | €18k |
| Operating result | 9901 | €-23k | €-34k | €-26k | €3k |
| Financial income | 75 | - | €17 | €1 | €3 |
| Financial charges | 65 | €328 | €655 | €285 | €209 |
| Result before taxes | 9903 | €-23k | €-35k | €-26k | €3k |
| Income taxes | 67/77 | €176 | €140 | €123 | €886 |
| Net result for the period | 9904 | €-24k | €-35k | €-27k | €2k |
| Result to be appropriated | 9905 | €-24k | €-35k | €-27k | €2k |
Former directors (2)
-
KOLEHMAINEN Marja Sinikka IrmeliDirector (executive)State Gazette act 24392512 (26-04-2024)Former- → 26-04-2024
-
LABRO Herman Jozef EmielDirector (executive)State Gazette act 24392512 (26-04-2024)Former- → 26-04-2024
| NACE primary | Retail sale of antiques(47791) |
| Legal form | Private limited company(610) |
| Incorporation | 10-04-1989 |
| Status | Active |
| Postal code | 1320 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25005C0337/00H003 | Wallonia | 2,964 m² | 1 · 110 m² | 14.1 m · 3 fl. |
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
26-04-2024 2 resigning
- LABRO Herman Jozef Emiel, Directeur
- KOLEHMAINEN Marja Sinikka Irmeli, Directeur
Technical details
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"notary": {
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"office_city": "Hoegaarden",
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"kbo": "0437.257.390",
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}| Legal nameFR | BO |