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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Annual account missing NBB
Fiscal year 2025 was expected before 31 October 2025 and has not been filed.
Financials
Financial year 2024
BOEL from Gent, company number BE0425585718, closed financial year 2024 with a result of € 1.2 million after tax. For that financial year BOEL recorded a gross margin of € 1.3 million and equity of € 3.3 million. Compared with financial year 2023, the result moved from € 1.8 million to € 1.2 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on April 23, 2025.
€ 3.3 million
▲ 32% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.2 million
▼ 34% vs 2023
Profit after tax over the fiscal year.
€ 269,978
▼ 35% vs 2023
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 3.3 million.
Debts at end 2024
€ 62,439
▼ 24% vs 2023
Loans from banks and other lenders, long and short.
€ 21,316
▲ 226% vs 2023
Supplier invoices still open on the last day of the fiscal year.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 152,527 | € 1,283,775 | € 1,825,135 | € 1,299,472 | ▼ 29% |
| Profit after taxes | € 23,199 | € 1,149,036 | € 1,763,496 | € 1,167,335 | ▼ 34% |
| Equity | € 615,118 | € 1,391,116 | € 2,537,771 | € 3,343,123 | ▲ 32% |
| Total debts | € 1,729,832 | € 849,041 | € 88,657 | € 83,755 | ▼ 6% |
| Cash | € 31,370 | € 121,546 | € 416,577 | € 269,978 | ▼ 35% |
| Land & buildings | € 1,367,364 | € 1,259,288 | € 1,752,236 | € 2,642,736 | ▲ 51% |
| Retained profit | € 596,526 | € 1,372,524 | € 2,519,179 | € 3,324,531 | ▲ 32% |
| Bank debt | € 1,720,000 | € 835,609 | € 82,113 | € 62,439 | ▼ 24% |
| Balance sheet total | € 2,344,951 | € 2,613,195 | € 3,615,529 | € 4,768,175 | ▲ 32% |
Key figures of BOEL, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 October 2025.
What happened to BOEL?
What happened at BOEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 1.2 million (▼ 34% vs 2023). filed late Source: NBB ↗
- New establishment in Fernelmont. KBO
- New establishment in Brussel. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,199 profit in 2021 to € 1.2 million profit in 2024.
Paid € 6,859 in corporate taxes since 2021.
Best year ever: 2023, with € 1.8 million profit.
Management
Behind BOEL is Koen Boel. Koen Boel is also behind BOEL LIVING and BOEL CONSTRUCT.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Schouwingstraat 51
9032 Gent
Ankerstraat 39
1120 Brussel
Active since 1 April 1984
Rue du Grand Champ, ZI, Nov. -
5380 Fernelmont
Active since 6 October 1998
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0425.585.718
- VAT number
- BE 0425.585.718
- Registered office
- Schouwingstraat 51, 9032 Gent
- Names & denominations
- BOEL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 March 1984
- Peppol
- Active · Active since 17 Dec 2025