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BOUFFETE

Active
Private limited companyfounded 20206 yrs activeKaaistraat 6, 8581 Avelgem, BelgiumKBO/BCE: BE 0746.480.920
Summary

BOUFFETE has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €327k and a net result of €-38k. Equity remains stable across the filed fiscal years (±0.8% per year). Its solvency ranks better than 79% of 9517 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability12▼-57
Solvency100=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity short (current ratio 0.38 against 0.81 in 2023; short-term debt: 14.5% and cash: 1.3% of total assets), and 20.5% of the assets are financed with debt.
Credit check for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+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 date
Age against the risk zone
highest failure risk from 2 to 8 years 6 years 0 10 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Office administrative, office support and other business support activities (NACE 82)
about 37% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
79.5%
Return on assets
-9.2%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024
Net result per financial year
2021222324
2020 to 2024 · latest year €-38k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 30-09-2025, 61 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 · 5 filings
Deviation from the deadline
2025
not confirmed
2024
61 d late
2023
30 d late
2022
31 d late
2021
85 d late
2020
36 d early
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2024, micro schema

Equity
€327k▼ 10.3%
2023 · €365k
2020: €324klowest in 5 years 2021: €378k▲ +16.6% vs 2020highest in 5 years 2022: €350k▼ -7.5% vs 2021 2023: €365k▲ +4.3% vs 2022 2024: €327k▼ -10.3% vs 2023
2020 → 2024
Total assets
€411k▼ 13.6%
2023 · €476k
2020: €434k 2021: €494k▲ +13.9% vs 2020highest in 5 years 2022: €460k▼ -6.9% vs 2021 2023: €476k▲ +3.5% vs 2022 2024: €411k▼ -13.6% vs 2023lowest in 5 years
2020 → 2024
Net result
€-38k▼ 33,112%
2023 · €-114
2020: €-11k 2021: €4k▲ +137% vs 2020highest in 5 years 2022: €-43k▼ -1190% vs 2021lowest in 5 years 2023: €-114▲ +99.7% vs 2022 2024: €-38k▼ -33112% vs 2023
2020 → 2024
Working capital
€-37k▼ 150%
2023 · €-15k
2020: €-7k 2021: €38k▲ +651% vs 2020highest in 5 years 2022: €-10k▼ -126% vs 2021 2023: €-15k▼ -52.5% vs 2022 2024: €-37k▼ -150% vs 2023lowest in 5 years
2020 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€324k-€378k▲ 16.6%€350k▼ 7.5%€365k▲ 4.3%€327k▼ 10.3% 2020: €324klowest in 5 years 2021: €378k▲ +16.6% vs 2020highest in 5 years 2022: €350k▼ -7.5% vs 2021 2023: €365k▲ +4.3% vs 2022 2024: €327k▼ -10.3% vs 2023
Operating result€-9k-€5k€-42k€2k€-36k 2020: €-9k 2021: €5k▲ +157% vs 2020highest in 5 years 2022: €-42k▼ -936% vs 2021lowest in 5 years 2023: €2k▲ +104% vs 2022 2024: €-36k▼ -2373% vs 2023
Net result€-11k-€4k€-43k€-114▲ 99.7%€-38k▼ 33,112% 2020: €-11k 2021: €4k▲ +137% vs 2020highest in 5 years 2022: €-43k▼ -1190% vs 2021lowest in 5 years 2023: €-114▲ +99.7% vs 2022 2024: €-38k▼ -33112% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-60k€-40k€-20k€0Operating result 2020: €-9k€-9kNet result 2020: €-11k€-11kOperating result 2021: €5k€5kNet result 2021: €4k€4kOperating result 2022: €-42k€-42kNet result 2022: €-43k€-43kOperating result 2023: €2k€2kNet result 2023: €-114€-114Operating result 2024: €-36k€-36kNet result 2024: €-38k€-38k20202021202220232024€-60k€-40k€-20k€0Operating result 2022: €-42k€-42kNet result 2022: €-43k€-43kOperating result 2023: €2k€1.6kNet result 2023: €-114€-114Operating result 2024: €-36k€-36kNet result 2024: €-38k€-38k202220232024
The operating result turns negative in 2024: a loss of €36k after €2k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €411k
Fixed assets €389k ▼ 6.1%
Current assets €23k ▼ 63.7%
Equity and liabilities €411k
Equity €327k ▼ 10.3%
Debt €84k ▼ 24.4%
Debt's share of the balance-sheet total falls from 23.4% to 20.5%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€722▼
2023 · €39k
Cash flow
€-849▼
2023 · €37k
Current ratio
0.38▼
2023 · 0.81
Quick ratio
0.35▼
2023 · 0.78
Debt to equity
0.26▼
2023 · 0.31
ROE
-11.5%▼
2023 · 0.0%
ROA
-9.2%▼
2023 · 0.0%
Interest coverage
0.63▼
2023 · 23.42
Debt ≤ 1 year
€60k▼
2023 · €77k
Debt > 1 year
€25k▼
2023 · €34k
Income taxes
€419▲
2023 · €56
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 · 47 lines
Balance sheet Code20232024
Assets
Total assets20/58€476k€411k▼
Fixed assets21/28€414k€389k▼
Tangible fixed assets22/27€414k€389k▼
Plant, machinery and equipment23€21k€15k▼
Furniture and vehicles24€27k€25k▼
Leasing and similar rights25€3k€0▼
Other tangible fixed assets26€362k€349k▼
Current assets29/58€63k€23k▼
Stocks and contracts in progress3€2k€2k=
Stocks30/36€2k€2k=
Amounts receivable within one year40/41€18k€12k▼
Trade receivables40€18k€12k▼
Other amounts receivable41€0€353▲
Cash at bank and in hand54/58€10k€5k▼
Deferred charges and accrued income490/1€32k€3k▼
Equity and liabilities
Total equity and liabilities10/49€476k€411k▼
Equity10/15€365k€327k▼
Contributions10/11€415k€415k=
Profit (loss) carried forward14€-50k€-88k▼
Amounts payable17/49€112k€84k▼
Amounts payable after more than one year17€34k€25k▼
Financial debts170/4€34k€25k▼
Amounts payable within one year42/48€77k€60k▼
Current portion of amounts payable after more than one year42€14k€10k▼
Financial debts43€52k€0▼
Credit institutions430/8€52k€0▼
Trade debts44€9k€0▼
Suppliers440/4€9k€0▼
Taxes, remuneration and social security45€2k€1k▼
Taxes450/3€2k€1k▼
Other amounts payable47/48-€49k
Income statement Code20232024
Non-recurring operating income76A€23k€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€38k€37k▼
Other operating charges640/8€4k€1k▼
Non-recurring operating charges66A€1k€0▼
Gross operating margin9900€44k€2k▼
Operating profit (loss)9901€2k€-36k▼
Financial income75/76B€22€1▼
Recurring financial income75€22€1▼
Financial charges65/66B€2k€1k▼
Recurring financial charges65€2k€1k▼
Profit (loss) for the period before taxes9903€-58€-37k▼
Income taxes67/77€56€419▲
Profit (loss) for the period9904€-114€-38k▼
Profit (loss) for the period to be appropriated9905€-114€-38k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-50k€-88k▼
Profit (loss) brought forward from the previous period14P€-50k€-50k▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Accounts by statement
Line20202021202220232024Change
Non-recurring operating income76A---€23k€0▼ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€20k€24k€40k€38k€37k▼ 1.8%
Other operating charges640/8-€3k€3k€4k€1k▼ 71.8%
Non-recurring operating charges66A---€1k€0▼ 100%
Gross operating margin9900€13k€32k€1k€44k€2k▼ 96.0%
Operating profit (loss)9901€-9k€5k€-42k€2k€-36k▼ 2,373%
Financial income75/76B--€0€22€1▼ 97.2%
Recurring financial income75€20-€0€22€1▼ 97.2%
Financial charges65/66B-€1k€1k€2k€1k▼ 31.0%
Recurring financial charges65€2k€1k€1k€2k€1k▼ 31.0%
Profit (loss) for the period before taxes9903€-11k€4k€-43k€-58€-37k▼ 64,535%
Income taxes67/77---€56€419▲ 649%
Profit (loss) for the period9904€-11k€4k€-43k€-114€-38k▼ 33,112%
Profit (loss) for the period to be appropriated9905€-11k€4k€-43k€-114€-38k▼ 33,112%
Line20202021202220232024Change
Assets
Total assets20/58€434k€494k€460k€476k€411k▼ 13.6%
Formation expenses20€252-----
Fixed assets21/28€391k€391k€408k€414k€389k▼ 6.1%
Tangible fixed assets22/27€391k€391k€408k€414k€389k▼ 6.1%
Plant, machinery and equipment23-€5k€27k€21k€15k▼ 28.6%
Furniture and vehicles24-€9k€36k€27k€25k▼ 10.6%
Leasing and similar rights25-€13k€8k€3k€0▼ 100%
Other tangible fixed assets26-€364k€337k€362k€349k▼ 3.6%
Current assets29/58€43k€103k€52k€63k€23k▼ 63.7%
Stocks and contracts in progress3-€2k€2k€2k€2k=
Stocks30/36-€2k€2k€2k€2k=
Amounts receivable within one year40/41€8k€60k€18k€18k€12k▼ 31.0%
Trade receivables40-€10k€13k€18k€12k▼ 33.0%
Other amounts receivable41-€50k€5k€0€353-
Cash at bank and in hand54/58€35k€39k€12k€10k€5k▼ 47.7%
Deferred charges and accrued income490/1-€2k€21k€32k€3k▼ 91.4%
Equity and liabilities
Total equity and liabilities10/49€434k€494k€460k€476k€411k▼ 13.6%
Equity10/15€324k€378k€350k€365k€327k▼ 10.3%
Contributions10/11-€385k€400k€415k€415k=
Profit (loss) carried forward14€-11k€-7k€-50k€-50k€-88k▼ 75.1%
Amounts payable17/49€110k€116k€111k€112k€84k▼ 24.4%
Amounts payable after more than one year17€60k€50k€49k€34k€25k▼ 27.8%
Financial debts170/4-€50k€49k€34k€25k▼ 27.8%
Amounts payable within one year42/48€50k€66k€62k€77k€60k▼ 23.0%
Current portion of amounts payable after more than one year42-€10k€14k€14k€10k▼ 33.1%
Financial debts43-€50k€47k€52k€0▼ 100%
Credit institutions430/8-€50k€47k€52k€0▼ 100%
Trade debts44€247€4k-€9k€0▼ 100%
Suppliers440/4-€4k-€9k€0▼ 100%
Taxes, remuneration and social security45-€2k€825€2k€1k▼ 50.2%
Taxes450/3-€2k€825€2k€1k▼ 50.2%
Other amounts payable47/48----€49k-
Line20202021202220232024Change
Profit (loss) for the period9904€-11k€4k€-43k€-114€-38k▼ 33,112%
+ Depreciation and write-downs630€20k€24k€40k€38k€37k▼ 1.8%
Operating cash flow (approximation)€10k€28k€-3k€37k€-849▼ 102%
Investment in fixed assets (approximation)-€-24k€-57k€-43k€-12k▲ 72.9%
Change in cash-€4k€-28k€-1k€-5k▼ 349%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
30-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 61 days late
2024
30-08
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 30 days late
2023
31-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial Weakest financial yearnet €-43k
Net result drops to €-43k, the lowest in the series; recovery starts the following year.
24-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 85 days late
2021
31-12
Financial Back to profitnet €4k
Net result €4k after one loss-making year.
25-06
NBB filing Annual accounts filed
fiscal year 2020 · 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.

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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, Avelgem · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
2,356 m²
Building footprint
167 m²
Volume, LiDAR
1,331 m³
Parcel 34020B0212/00G000, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BOUFFETE
Kaaistraat 6, 8581 AvelgemOrganisation of conventions and trade shows
since 20202.302.328.256
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34020B0212/00G000 Flanders 2,356 m² 1 · 167 m² 12.0 m · 3 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.

Similar companies · same sector, comparable size

Of 4,571 companies in sector 82300 we hold annual accounts for 1,672. 1,129 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
Founded23-04-2020
Fiscal year end31-12
Activities, NACEBEL 2025
82300Organisation of conventions and trade shows
16230Manufacture of other builders' carpentry and joinery
55204Guest rooms (bed and breakfast)
68203Renting and operating of own or leased non-residential real estate, excluding land
77229Renting and leasing of other personal and household goods

Scores and ratios are computed by Checked and are not a credit decision.