BRUFA
ActiveBRUFA has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.37M and a net result of €38k. Equity remains stable across the filed fiscal years (±0.4% per year). Its solvency ranks better than 95% of 19354 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
87
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71▲+1
Solvency100=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €200k at 30 days acceptable
Liquidity ample (current ratio 19.66 against 17.64 in 2023; short-term debt: 1.9% and cash: 19.5% of total assets), and 1.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
98.1%
Return on assets
1.6%
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 13-08-2025, 13 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
13 d late
2023
258 d late
2022
29 d late
2021
30 d late
2020
31 d late
2019
13 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€38k▲ 23.7%
2023 · €31k
2018: €16k
2019: €9k
2020: €37k
2021: €26k
2022: €34k
2023: €31k
2018 → 2024
Working capital
€850k▲ 7.9%
2023 · €788k
2018: €719k
2019: €755k
2020: €625k
2021: €679k
2022: €733k
2023: €788k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2.25M-€2.28M▲ 1.1%€2.31M▲ 1.4%€2.34M▲ 1.3%€2.37M▲ 1.5%
Operating result€40k-€31k▼ 22.6%€53k▲ 70.0%€46k▼ 12.8%€54k▲ 16.4%
Net result€37k-€26k▼ 29.4%€34k▲ 32.1%€31k▼ 11.0%€38k▲ 23.7%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 16% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €2.42M
Fixed assets
€1.52M▼ 1.6%
Current assets
€895k▲ 7.2%
Equity and liabilities €2.42M
Equity
€2.37M▲ 1.5%
Debt
€47k▼ 1.4%
The debt ratio falls from 2.0% to 1.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€79k▲
2023 · €72k
Cash flow
€63k▲
2023 · €56k
Solvency
98.1%▲
2023 · 98.0%
Current ratio
19.66▲
2023 · 17.64
Quick ratio
19.66▲
2023 · 17.64
Debt / equity
0.02▼
2023 · 0.02
ROE
1.6%▲
2023 · 1.3%
ROA
1.6%▲
2023 · 1.3%
Interest coverage
132.67▼
2023 · 151.33
Debt
€47k▼
2023 · €47k
Debt ≤ 1 year
€46k▼
2023 · €47k
Income taxes
€18k▲
2023 · €16k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€2.38M€2.42M▲
Fixed assets21/28€1.55M€1.52M▼
Tangible fixed assets22/27€562k€537k▼
Land and buildings22€534k€521k▼
Plant, machinery and equipment23€27k€16k▼
Furniture and vehicles24€873€193▼
Financial fixed assets28€987k€987k=
Current assets29/58€835k€895k▲
Amounts receivable within one year40/41€442k€412k▼
Trade receivables40€41k€38k▼
Other amounts receivable41€401k€374k▼
Cash at bank and in hand54/58€382k€471k▲
Deferred charges and accrued income490/1€12k€12k▲
Equity and liabilities
Total equity and liabilities10/49€2.38M€2.42M▲
Equity10/15€2.34M€2.37M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€774k€812k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€768k€806k▲
Profit (loss) carried forward14€1.50M€1.50M▼
Amounts payable17/49€47k€47k▼
Amounts payable within one year42/48€47k€46k▼
Trade debts44€11k€12k▲
Suppliers440/4€11k€12k▲
Taxes, remuneration and social security45€4k€5k▲
Taxes450/3€4k€5k▲
Other amounts payable47/48€33k€28k▼
Accrued charges and deferred income492/3-€1k
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€26k€25k▼
Other operating charges640/8€26k€28k▲
Gross operating margin9900€99k€107k▲
Operating profit (loss)9901€46k€54k▲
Financial income75/76B€96€2k▲
Recurring financial income75€96€2k▲
Financial charges65/66B€477€596▲
Recurring financial charges65€477€596▲
Profit (loss) for the period before taxes9903€46k€56k▲
Income taxes67/77€16k€18k▲
Profit (loss) for the period9904€31k€38k▲
Profit (loss) for the period to be appropriated9905€31k€38k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.53M€1.54M▲
Profit (loss) brought forward from the previous period14P€1.50M€1.50M▼
Transfer to equity691/2€31k€38k▲
To other reserves6921€31k€38k▲
Profit to be distributed694/7€2k€2k▲
Return on contributions (dividend)694€2k€2k▲
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
13-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 13 days late
15-04
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 258 days late
2024
31-12
Financial
Highest result since 2018net €38k ▲23.7%
Operating result €54k, net result €38k, both a record.
2023
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Liquidity times 15current ratio 59.52
Current ratio from 4.07 to 59.52; short-term debt falls from €203k to €12k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
13-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 13 days late
2019
31-12
Financial
Weakest financial yearnet €9k ▼45.3%
Net result drops to €9k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 49current ratio 133.04
Current ratio from 2.71 to 133.04; short-term debt falls from €421k to €6k.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 31 days late
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 17 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Namur · 1 establishment unit since 1987
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Avenue de la Vecquée(ML) 2995020 NamurGround area
2,551 m²
Building footprint
214 m²
Volume, LiDAR
1,989 m³
Parcel 92082C0026/00M000, Wallonia · tallest building 11.8 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BRUFA S.C.
since 19872.032.104.864
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92082C0026/00M000 | Wallonia | 2,551 m² | 1 · 214 m² | 11.8 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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 12,018 companies in sector 68203 we hold annual accounts for 5,984. 3,470 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded04-04-1987
Fiscal year end31-12
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 37 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.