Warning lights
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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 30 % of short-term debt in 2024; threshold 65 %.
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Late annual account NBB
Fiscal year 2024 was filed 398 days after the legal deadline.
Financials
Financial year 2024
BOEL CONSTRUCT from Gent, company number BE0879896403, closed financial year 2024 with a result of € -51,495 after tax. For that financial year BOEL CONSTRUCT recorded a gross margin of € -21,657 and equity of € -537,880. Compared with financial year 2023, the result moved from € -38,346 to € -51,495. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 2, 2026.
€ -537,880
▼ € 51,495 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -51,495
▼ 34 % more loss than in 2023
Profit after tax over the fiscal year.
€ 1,820
▼ 60% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -562,880.
People and assets in 2024
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 50,198
▲ 32% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 277,428
Loans from banks and other lenders, long and short.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 26,856 | € -13,498 | € -19,001 | € -21,657 | ▼ € 2,656 |
| Profit after taxes | € 13,060 | € -35,880 | € -38,346 | € -51,495 | ▼ € 13,149 |
| Equity | € -412,159 | € -448,039 | € -486,385 | € -537,880 | ▼ € 51,495 |
| Total debts | € 691,053 | € 476,667 | € 661,989 | € 763,236 | ▲ 15% |
| Cash | € 146,747 | € 8,374 | € 4,602 | € 1,820 | ▼ 60% |
| Retained profit | € -437,159 | € -473,039 | € -511,385 | € -562,880 | ▼ € 51,495 |
| Bank debt | € 367,428 | € 277,428 | € 277,428 | € 277,428 | |
| Balance sheet total | € 278,894 | € 28,628 | € 175,604 | € 225,356 | ▲ 28% |
Key figures of BOEL CONSTRUCT, 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 July 2026.
What happened to BOEL CONSTRUCT?
What happened at BOEL CONSTRUCT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 51,495. filed late Source: NBB ↗
- New establishment in Lebbeke. KBO
- Start of the company according to the CBE. KBO
In short
From € 13,060 profit in 2021 to € 51,495 loss in 2024.
Best year ever: 2021, with € 13,060 profit.
Management
Behind BOEL CONSTRUCT is Koen Boel. Koen Boel is also behind BOEL and BOEL LIVING.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Schouwingstraat 51
9032 Gent
Baasrodestraat 131
9280 Lebbeke
Active since 21 April 2019
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
- 0879.896.403
- VAT number
- BE 0879.896.403
- Registered office
- Schouwingstraat 51, 9032 Gent
- Names & denominations
- BOEL CONSTRUCT
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 9 March 2006
- Peppol
- Active · Active since 17 Dec 2025
- Activities · NACE
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