BOLKAR
ActiveSummary
BOLKAR has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €852k and a net result of €75k. Equity is growing by ~17.9% per year across the filed fiscal years. Its solvency ranks better than 50% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2025
54
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability60▲+9
Solvency52▼-5
Growth63▲+17
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity tight (current ratio 1.09 against 1.09 in 2024; short-term debt: 53.8% and cash: 0.8% of total assets), and 72.9% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+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 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-09-2026, 48 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 9 filingsDeviation from the deadline
2025
48 d late
2024
42 d late
2023
6 d late
2022
8 d late
2021
59 d late
2020
89 d late
2019
18 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 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€6.95M▼ 0.2%
2018 · €6.96M
2018: €6.96M
2018 → 2019
EBIT margin
1.6%▲ 0.3pp
2018 · 1.3%
2018: 1.3%
2018 → 2019
Net result
€75k▲ 91.3%
2024 · €39k
2018: €51k
2019: €64k
2020: €47k
2021: €80k
2022: €51k
2023: €58k
2024: €39k
2018 → 2025
Working capital
€146k▲ 87.3%
2024 · €78k
2018: €82k
2019: €88k
2020: €220k
2021: €285k
2022: €297k
2023: €278k
2024: €78k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€398k-€441k▲ 10.8%€395k▼ 10.4%€777k▲ 96.5%€852k▲ 9.6%
Operating result€157k-€114k▼ 27.4%€146k▲ 27.9%€139k▼ 4.6%€185k▲ 33.4%
Net result€80k-€51k▼ 36.3%€58k▲ 14.1%€39k▼ 32.7%€75k▲ 91.3%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 33% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.14M
Fixed assets
€1.31M ▼ 11.4%
Current assets
€1.83M ▲ 95.4%
Equity and liabilities €3.14M
Equity
€852k ▲ 9.6%
Debt
€2.29M ▲ 39.9%
Debt's share of the balance-sheet total rises from 67.8% to 72.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€361k▲
2024 · €309k
Cash flow
€250k▲
2024 · €209k
Current ratio
1.09▼
2024 · 1.09
Quick ratio
0.70▲
2024 · 0.37
Debt to equity
2.69▲
2024 · 2.11
ROE
8.8%▲
2024 · 5.0%
ROA
2.4%▲
2024 · 1.6%
Interest coverage
4.55▲
2024 · 3.61
Debt ≤ 1 year
€1.69M▲
2024 · €861k
Debt > 1 year
€601k▼
2024 · €774k
Income taxes
€32k▲
2024 · €14k
Staff costs
€249k▲
2024 · €235k
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 · 53 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.41M€3.14M▲
Fixed assets21/28€1.47M€1.31M▼
Tangible fixed assets22/27€1.47M€1.31M▼
Land and buildings22€1.06M€1.01M▼
Plant, machinery and equipment23€308k€211k▼
Furniture and vehicles24€10k€12k▲
Leasing and similar rights25€91k€70k▼
Other tangible fixed assets26€143€61▼
Financial fixed assets28€1k€113▼
Current assets29/58€939k€1.83M▲
Stocks and contracts in progress3€619k€658k▲
Stocks30/36€619k€658k▲
Amounts receivable within one year40/41€246k€858k▲
Trade receivables40€223k€804k▲
Other amounts receivable41€23k€53k▲
Cash at bank and in hand54/58€29k€26k▼
Deferred charges and accrued income490/1€46k€293k▲
Equity and liabilities
Total equity and liabilities10/49€2.41M€3.14M▲
Equity10/15€777k€852k▲
Contributions10/11€152k€152k=
Revaluation surpluses12€413k€413k=
Profit (loss) carried forward14€212k€287k▲
Amounts payable17/49€1.64M€2.29M▲
Amounts payable after more than one year17€774k€601k▼
Financial debts170/4€772k€599k▼
Other amounts payable178/9€3k€3k=
Amounts payable within one year42/48€861k€1.69M▲
Current portion of amounts payable after more than one year42€313k€137k▼
Trade debts44€487k€1.48M▲
Suppliers440/4€487k€1.48M▲
Taxes, remuneration and social security45€52k€51k▼
Taxes450/3€15k€13k▼
Remuneration and social security454/9€37k€38k▲
Other amounts payable47/48€9k€20k▲
Accrued charges and deferred income492/3€575€0▼
Income statement
Code20242025
Remuneration, social security and pensions62€235k€249k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€170k€176k▲
Other operating charges640/8€35k€36k▲
Gross operating margin9900€578k€647k▲
Operating profit (loss)9901€139k€185k▲
Financial income75/76B-€802
Recurring financial income75-€802
Financial charges65/66B€86k€79k▼
Recurring financial charges65€86k€79k▼
Profit (loss) for the period before taxes9903€53k€107k▲
Income taxes67/77€14k€32k▲
Profit (loss) for the period9904€39k€75k▲
Profit (loss) for the period to be appropriated9905€39k€75k▲
Appropriation of the result
Profit (loss) to be appropriated9906€283k€287k▲
Profit (loss) brought forward from the previous period14P€244k€212k▼
Profit to be distributed694/7€71k€0▼
Return on contributions (dividend)694€71k€0▼
Social balance
Average headcount (FTE)9087-6.1
The notes to these accounts (14 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
17-09
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 48 days late
2025
11-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 42 days late
2024
31-12
Financial
Weakest financial yearnet €39k ▼32.7%
Net result drops to €39k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €500kEq €777k ▲96.5%
7 profitable years in a row build equity to €777k.
06-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 6 days late
2023
08-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 8 days late
2022
28-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 59 days late
2021
31-12
Financial
Highest result since 2018net €80k ▲70.6%
Net result €80k, the highest in the series.
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 89 days late
2020
13-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
22-10
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 83 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Quaregnon · 1 establishment unit since 2018
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.
Rue des Vaches 1667390 QuaregnonGround area
1,156 m²
Parcel 53512C0221/00V000, Wallonia. Linked by address, not a title deed.
1 establishment unit
STATION SERVICE
since 20182.270.442.970
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53512C0221/00V000indicative | Wallonia | 1,156 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteQuaregnon2.270.442.970
Similar companies · same sector, comparable size
PHILNET
BE 0441.132.541
Virton · Eq €766k
TANKSTELLE RAUW
BE 0441.314.465
Bütgenbach · Eq €789k
STOCKAGE LOGISTIQUE PETROLIER
BE 0889.708.942
Tinlot · Eq €759k
Parking L.O.
BE 0413.589.984
Boortmeerbeek · Eq €801k
GENKER TRUCK-STOP
BE 0439.069.312
Genk · Eq €803k
Of 1,266 companies in sector 47300 we hold annual accounts for 945. 563 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 formPrivate limited company
Founded24-07-2017
Fiscal year end31-12
Activities, NACEBEL 2025
47300Retail sale of automotive fuel
47110Non-specialised retail sale with food, beverages or tobacco predominating
47252Retail sale of beverages, general range
47260Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.