Financials
Financial year 2025
BOAS from Brugge, company number BE0793649149, closed financial year 2025 with a result of € -22,878 after tax. For that financial year BOAS recorded a gross margin of € 29,012 and equity of € 27,213. Compared with financial year 2024, the result moved from € 7,407 to € -22,878. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 1, 2026.
€ 27,213
▼ 46% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -22,878
▼ still € 7,407 profit in 2024
Profit after tax over the fiscal year.
€ 5,403
▼ 94% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 19,213.
People and assets in 2025
€ 29,877
▲ 13% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 405,787
▲ € 382,096 vs 2024
€ 23,179 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 34,874
▼ 68% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,890
▼ 92% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € 49,923 | € 20,230 | € 29,012 | ▲ 43% |
| Profit after taxes | € 34,684 | € 7,407 | € -22,878 | ▼ € 30,285 |
| Equity | € 42,684 | € 50,091 | € 27,213 | ▼ 46% |
| Total debts | € 70,693 | € 167,871 | € 461,090 | ▲ 175% |
| Cash | € 17,147 | € 87,104 | € 5,403 | ▼ 94% |
| Land & buildings | - | - | € 346,666 | |
| Retained profit | € 34,684 | € 42,091 | € 19,213 | ▼ 54% |
| Bank debt | € 29,489 | € 23,691 | € 405,787 | ▲ € 382,096 |
| Balance sheet total | € 113,376 | € 217,962 | € 488,302 | ▲ 124% |
Key figures of BOAS, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to BOAS?
What happened at BOAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 22,878 (▼ € 30,285 vs 2024). Source: NBB ↗
- New establishment in Brugge. KBO
- Passive Office Belgium BV became a director. NBB
- Hammer-Time BV became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 34,684 profit in 2023 to € 22,878 loss in 2025.
Paid € 13,577 in corporate taxes since 2023.
Best year ever: 2023, with € 34,684 profit.
Management
The stake of PASSIVE OFFICE BELGIUM, HAMMER-TIME comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BOASBehind BOAS are Passive Office Belgium BV and Hammer-Time BV. The shares are held by PASSIVE OFFICE BELGIUM (50%) and HAMMER-TIME (50%).
Directors
According to the 2025 annual accounts
Director · represented by Jan Misseeuw
since 2022
Director · represented by Bart Luypaert
since 2022
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Lodderhoek 55
8000 Brugge
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0793.649.149
- VAT number
- BE 0793.649.149
- Registered office
- Lodderhoek 55, 8000 Brugge
- Names & denominations
- BOAS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 November 2022
- Peppol
- Active · Active since 14 Nov 2025
- Activities · NACE
Schrijnwerk