Boontech
ActiveSummary
The computed 12-month bankruptcy probability of Boontech is 1.9% (moderate). The 2024 annual accounts show equity of €143k and a net result of €64k. Equity is growing by ~38.2% per year across the filed fiscal years. Its solvency ranks better than 78% of 1633 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
82
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+22
Solvency98▼-2
Growth78▲+26
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 3.1 against 3.42 in 2023; short-term debt: 26.9% and cash: 54.4% of total assets), and 26.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 33
Relative position
BE, all sectors
reference
Sector 33
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-06-2025, 35 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
35 d early
2023
40 d early
2022
32 d early
2021
24 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€143k▲ 51.8%
2023 · €94k
2021: €44k
2022: €76k
2023: €94k
2021 → 2024
Total assets
€196k▲ 66.6%
2023 · €118k
2021: €72k
2022: €129k
2023: €118k
2021 → 2024
Net result
€64k▲ 238%
2023 · €19k
2021: €38k
2022: €32k
2023: €19k
2021 → 2024
Working capital
€111k▲ 96.6%
2023 · €56k
2021: €38k
2022: €70k
2023: €56k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€44k-€76k▲ 72.4%€94k▲ 25.1%€143k▲ 51.8%
Operating result€53k-€45k▼ 14.1%€28k▼ 38.5%€83k▲ 197%
Net result€38k-€32k▼ 16.1%€19k▼ 40.3%€64k▲ 238%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 197% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €196k
Fixed assets
€33k ▼ 14.4%
Current assets
€164k ▲ 105%
Equity and liabilities €196k
Equity
€143k ▲ 51.8%
Debt
€53k ▲ 127%
Debt's share of the balance-sheet total rises from 19.8% to 26.9%. Equity and debt are higher.
Key figures and ratios
EBITDA
€92k▲
2023 · €33k
Cash flow
€74k▲
2023 · €24k
Current ratio
3.10▼
2023 · 3.42
Debt to equity
0.37▲
2023 · 0.25
ROE
44.6%▲
2023 · 20.0%
ROA
32.6%▲
2023 · 16.1%
Interest coverage
508.87▲
2023 · -10880.70
Debt ≤ 1 year
€53k▲
2023 · €23k
Income taxes
€19k▲
2023 · €9k
Staff costs
€65k▲
2023 · €21k
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 · 2024 against 2023 · 43 lines
Balance sheet
Code20232024
Assets
Total assets20/58€118k€196k▲
Fixed assets21/28€38k€33k▼
Tangible fixed assets22/27€38k€33k▼
Plant, machinery and equipment23€2k€4k▲
Furniture and vehicles24€36k€29k▼
Current assets29/58€80k€164k▲
Amounts receivable within one year40/41€12k€50k▲
Trade receivables40€12k€50k▲
Other amounts receivable41€575€0▼
Cash at bank and in hand54/58€62k€107k▲
Deferred charges and accrued income490/1€6k€6k▲
Equity and liabilities
Total equity and liabilities10/49€118k€196k▲
Equity10/15€94k€143k▲
Contributions10/11€6k€6k=
Reserves13€88k€137k▲
Distributable reserves133€88k€137k▲
Profit (loss) carried forward14-€0
Amounts payable17/49€23k€53k▲
Amounts payable within one year42/48€23k€53k▲
Trade debts44€4k€7k▲
Suppliers440/4€4k€7k▲
Taxes, remuneration and social security45€19k€29k▲
Taxes450/3€11k€20k▲
Remuneration and social security454/9€8k€9k▲
Other amounts payable47/48€0€17k▲
Income statement
Code20232024
Remuneration, social security and pensions62€21k€65k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€10k▲
Other operating charges640/8€867€712▼
Gross operating margin9900€55k€158k▲
Operating profit (loss)9901€28k€83k▲
Financial income75/76B€45€296▲
Recurring financial income75€45€296▲
Financial charges65/66B€-3€182▲
Recurring financial charges65€-3€182▲
Profit (loss) for the period before taxes9903€28k€83k▲
Income taxes67/77€9k€19k▲
Profit (loss) for the period9904€19k€64k▲
Profit (loss) for the period to be appropriated9905€19k€64k▲
Appropriation of the result
Profit (loss) to be appropriated9906€19k€64k▲
Transfer to equity691/2€19k€49k▲
To other reserves6921€19k€49k▲
Profit to be distributed694/7-€15k
Return on contributions (dividend)694-€15k
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
26-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2021net €64k ▲238%
Operating result €83k, net result €64k, both a record.
31-12
Financial
Equity above €100kEq €143k ▲51.8%
4 profitable years in a row build equity to €143k.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €19k ▼40.3%
Net result drops to €19k, the lowest in the series; recovery starts the following year.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
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.
Have them read with priority
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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, Antwerpen · 1 establishment unit since 2021
Ground area
186 m²
Building footprint
98 m²
Volume, LiDAR
835 m³
Parcel 11463D0367/00K003, Flanders · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Boontech
since 20212.309.864.265
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11463D0367/00K003 | Flanders | 186 m² | 1 · 98 m² | 10.1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.309.864.265
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Of 1,225 companies in sector 33200 we hold annual accounts for 676. 532 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
Founded07-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
33120Repair and maintenance of machinery
33200Installation of industrial machinery and equipment
25110Manufacture of metal structures and parts of structures
56210Event catering
71121Engineering and related technical consultancy, excluding land surveyors
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.