BOULDER
ActiveSummary
BOULDER has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €773k and a net result of €194k. Equity is growing by ~27.7% per year across the filed fiscal years. Its solvency ranks better than 86% of 3022 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability92▲+7
Solvency100▲+10
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 8.09 against 4.49 in 2023; short-term debt: 8.6% and cash: 68.7% of total assets), and 24.4% 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.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sports, amusement and recreation activities (NACE 93)
about 50% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
75.6%
Return on assets
19%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 11-08-2025, 11 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
not confirmed
2024
11 d late
2023
61 d late
2022
142 d late
2021
30 d late
2020
31 d late
2019
65 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€773k▲ 33.5%
2023 · €579k
2018: €170klowest in 7 years
2019: €240k▲ +41.2% vs 2018
2020: €291k▲ +21.4% vs 2019
2021: €330k▲ +13.2% vs 2020
2022: €459k▲ +39.3% vs 2021
2023: €579k▲ +26.1% vs 2022
2024: €773k▲ +33.5% vs 2023highest in 7 years
2018 → 2024
Total assets
€1.02M▲ 14.0%
2023 · €897k
2018: €540klowest in 7 years
2019: €591k▲ +9.4% vs 2018
2020: €627k▲ +6.1% vs 2019
2021: €625k▼ -0.3% vs 2020
2022: €783k▲ +25.2% vs 2021
2023: €897k▲ +14.6% vs 2022
2024: €1.02M▲ +14.0% vs 2023highest in 7 years
2018 → 2024
Net result
€194k▲ 61.8%
2023 · €120k
2018: €15klowest in 7 years
2019: €70k▲ +380% vs 2018
2020: €51k▼ -26.5% vs 2019
2021: €38k▼ -25.2% vs 2020
2022: €129k▲ +237% vs 2021
2023: €120k▼ -7.3% vs 2022
2024: €194k▲ +61.8% vs 2023highest in 7 years
2018 → 2024
Working capital
€625k▲ 38.5%
2023 · €451k
2018: €109klowest in 7 years
2019: €129k▲ +18.8% vs 2018
2020: €181k▲ +40.0% vs 2019
2021: €221k▲ +22.4% vs 2020
2022: €339k▲ +53.3% vs 2021
2023: €451k▲ +33.0% vs 2022
2024: €625k▲ +38.5% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€291k-€330k▲ 13.2%€459k▲ 39.3%€579k▲ 26.1%€773k▲ 33.5%
2020: €291klowest in 5 years
2021: €330k▲ +13.2% vs 2020
2022: €459k▲ +39.3% vs 2021
2023: €579k▲ +26.1% vs 2022
2024: €773k▲ +33.5% vs 2023highest in 5 years
Operating result€71k-€57k▼ 20.6%€186k▲ 229%€164k▼ 11.7%€257k▲ 56.5%
2020: €71k
2021: €57k▼ -20.6% vs 2020lowest in 5 years
2022: €186k▲ +229% vs 2021
2023: €164k▼ -11.7% vs 2022
2024: €257k▲ +56.5% vs 2023highest in 5 years
Net result€51k-€38k▼ 25.2%€129k▲ 237%€120k▼ 7.3%€194k▲ 61.8%
2020: €51k
2021: €38k▼ -25.2% vs 2020lowest in 5 years
2022: €129k▲ +237% vs 2021
2023: €120k▼ -7.3% vs 2022
2024: €194k▲ +61.8% vs 2023highest in 5 years
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 56% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.02M
Fixed assets
€309k ▼ 2.2%
Current assets
€713k ▲ 22.8%
Equity and liabilities €1.02M
Equity
€773k ▲ 33.5%
Debt
€249k ▼ 21.5%
Debt's share of the balance-sheet total falls from 35.4% to 24.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€276k▲
2023 · €188k
Cash flow
€213k▲
2023 · €144k
Current ratio
8.09▲
2023 · 4.49
Debt to equity
0.32▼
2023 · 0.55
ROE
25.1%▲
2023 · 20.7%
ROA
19.0%▲
2023 · 13.4%
Interest coverage
58.37▲
2023 · 29.98
Debt ≤ 1 year
€88k▼
2023 · €129k
Debt > 1 year
€161k▼
2023 · €188k
Income taxes
€62k▲
2023 · €39k
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 · 42 lines
Balance sheet
Code20232024
Assets
Total assets20/58€897k€1.02M▲
Fixed assets21/28€316k€309k▼
Tangible fixed assets22/27€316k€309k▼
Land and buildings22€284k€277k▼
Plant, machinery and equipment23€3k€8k▲
Furniture and vehicles24€29k€24k▼
Current assets29/58€581k€713k▲
Amounts receivable within one year40/41€38k€11k▼
Trade receivables40€38k€11k▼
Cash at bank and in hand54/58€542k€703k▲
Equity and liabilities
Total equity and liabilities10/49€897k€1.02M▲
Equity10/15€579k€773k▲
Contributions10/11€75k€75k=
Reserves13€40k€40k=
Distributable reserves133€40k€40k=
Profit (loss) carried forward14€464k€658k▲
Amounts payable17/49€318k€249k▼
Amounts payable after more than one year17€188k€161k▼
Financial debts170/4€188k€161k▼
Amounts payable within one year42/48€129k€88k▼
Current portion of amounts payable after more than one year42€27k€27k▲
Trade debts44€45k€10k▼
Suppliers440/4€45k€10k▼
Taxes, remuneration and social security45€44k€40k▼
Taxes450/3€42k€40k▼
Remuneration and social security454/9€3k-
Other amounts payable47/48€13k€11k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€19k▼
Other operating charges640/8€13k€5k▼
Gross operating margin9900€201k€281k▲
Operating profit (loss)9901€164k€257k▲
Financial income75/76B€1k€4k▲
Recurring financial income75€1k€4k▲
Financial charges65/66B€6k€5k▼
Recurring financial charges65€6k€5k▼
Profit (loss) for the period before taxes9903€159k€256k▲
Income taxes67/77€39k€62k▲
Profit (loss) for the period9904€120k€194k▲
Profit (loss) for the period to be appropriated9905€120k€194k▲
Appropriation of the result
Profit (loss) to be appropriated9906€120k€658k▲
Profit (loss) brought forward from the previous period14P-€464k
Transfer from equity791/2€344k-
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €28k | €28k | €26k | €24k | €19k | ▼ 22.0% |
| Other operating charges640/8 | - | €4k | €4k | €13k | €5k | ▼ 61.9% |
| Gross operating margin9900 | €104k | €88k | €216k | €201k | €281k | ▲ 39.3% |
| Operating profit (loss)9901 | €71k | €57k | €186k | €164k | €257k | ▲ 56.5% |
| Financial income75/76B | - | €279 | €200 | €1k | €4k | ▲ 224% |
| Recurring financial income75 | €110 | €279 | €200 | €1k | €4k | ▲ 224% |
| Financial charges65/66B | - | €6k | €8k | €6k | €5k | ▼ 24.8% |
| Recurring financial charges65 | €7k | €6k | €8k | €6k | €5k | ▼ 24.8% |
| Profit (loss) for the period before taxes9903 | €65k | €50k | €178k | €159k | €256k | ▲ 60.8% |
| Income taxes67/77 | €13k | €12k | €49k | €39k | €62k | ▲ 58.0% |
| Profit (loss) for the period9904 | €51k | €38k | €129k | €120k | €194k | ▲ 61.8% |
| Profit (loss) for the period to be appropriated9905 | €51k | €38k | €129k | €120k | €194k | ▲ 61.8% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €627k | €625k | €783k | €897k | €1.02M | ▲ 14.0% |
| Fixed assets21/28 | €377k | €350k | €335k | €316k | €309k | ▼ 2.2% |
| Tangible fixed assets22/27 | €377k | €350k | €335k | €316k | €309k | ▼ 2.2% |
| Land and buildings22 | - | €299k | €292k | €284k | €277k | ▼ 2.6% |
| Plant, machinery and equipment23 | - | €20k | €11k | €3k | €8k | ▲ 184% |
| Furniture and vehicles24 | - | €31k | €32k | €29k | €24k | ▼ 17.8% |
| Current assets29/58 | €250k | €275k | €448k | €581k | €713k | ▲ 22.8% |
| Amounts receivable within one year40/41 | €5k | €9k | €38k | €38k | €11k | ▼ 71.7% |
| Trade receivables40 | - | €8k | €34k | €38k | €11k | ▼ 71.7% |
| Other amounts receivable41 | - | €747 | €4k | - | - | - |
| Cash at bank and in hand54/58 | €245k | €267k | €410k | €542k | €703k | ▲ 29.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €627k | €625k | €783k | €897k | €1.02M | ▲ 14.0% |
| Equity10/15 | €291k | €330k | €459k | €579k | €773k | ▲ 33.5% |
| Contributions10/11 | - | €75k | €75k | €75k | €75k | = |
| Reserves13 | €40k | €40k | €40k | €40k | €40k | = |
| Non-distributable reserves130/1 | - | €8k | €8k | - | - | - |
| Reserves not available under the articles1311 | - | €8k | €8k | - | - | - |
| Distributable reserves133 | - | €32k | €32k | €40k | €40k | = |
| Profit (loss) carried forward14 | €176k | €215k | €344k | €464k | €658k | ▲ 41.8% |
| Amounts payable17/49 | €336k | €295k | €324k | €318k | €249k | ▼ 21.5% |
| Amounts payable after more than one year17 | €267k | €241k | €215k | €188k | €161k | ▼ 14.5% |
| Financial debts170/4 | - | €241k | €215k | €188k | €161k | ▼ 14.5% |
| Amounts payable within one year42/48 | €69k | €54k | €108k | €129k | €88k | ▼ 31.8% |
| Current portion of amounts payable after more than one year42 | - | €26k | €26k | €27k | €27k | ▲ 2.2% |
| Trade debts44 | €156 | €736 | €21k | €45k | €10k | ▼ 77.8% |
| Suppliers440/4 | - | €736 | €21k | €45k | €10k | ▼ 77.8% |
| Taxes, remuneration and social security45 | - | €28k | €61k | €44k | €40k | ▼ 10.0% |
| Taxes450/3 | - | €28k | €61k | €42k | €40k | ▼ 4.2% |
| Remuneration and social security454/9 | - | - | - | €3k | - | - |
| Other amounts payable47/48 | - | - | - | €13k | €11k | ▼ 17.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €51k | €38k | €129k | €120k | €194k | ▲ 61.8% |
| + Depreciation and write-downs630 | €28k | €28k | €26k | €24k | €19k | ▼ 22.0% |
| Operating cash flow (approximation) | €80k | €66k | €155k | €144k | €213k | ▲ 47.8% |
| Investment in fixed assets (approximation) | - | €0 | €-11k | €-5k | €-12k | ▼ 122% |
| Change in cash | - | €22k | €143k | €133k | €160k | ▲ 20.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
11-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 11 days late
2024
31-12
Financial
Highest result since 2018net €194k ▲61.8%
Operating result €257k, net result €194k, both a record.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
31-12
Financial
Equity above €500kEq €579k ▲26.1%
6 profitable years in a row build equity to €579k.
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 142 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
04-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 65 days late
2019
31-12
Financial
Equity above €200kEq €240k ▲41.2%
2 profitable years in a row build equity to €240k.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 22 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
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.
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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, Herent · 1 establishment unit since 2015
Ground area
1.2 ha
Building footprint
4,651 m²
Volume, LiDAR
91,322 m³
Parcel 24423H0194/00Z000, Flanders · tallest building 34.7 m, ±7 floors. Linked by address, not a title deed.
31
companies at this address
See who is registered here
1 establishment unit
Persilstraat 51, 3020 Herent
since 20152.244.714.414
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24423H0194/00Z000 | Flanders | 1.2 ha | 1 · 4,651 m² | 34.7 m · 7 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 6,727 companies in sector 93299 we hold annual accounts for 1,168. 510 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-05-2015
Fiscal year end31-12
Activities, NACEBEL 2025
93299Other amusement and recreation activities
Scores and ratios are computed by Checked and are not a credit decision.