Turnover
≈ €130,000 estimated
The accounts state no turnover.
BU-PAINT
Lifetime
6 annual accounts with figures on one time axispeak €48,096 (2020)
€10,195▼ 14.3%
lowest -€7,750 (2022)
€6,301▲ 125%
peak €43,381 (2025)
€43,381▲ 17.0%
€67,590▼ 6.4%
Board1 name since 2019
1 directorÖZCELIK Bünyamin
Documentsfilings and deeds
29-09-202660 days late
2025abbreviated format
Gross margin from €11,892 to €10,195Result from €2,800 to €6,301Equity from €37,080 to €43,381
Key points
from the 2025 annual accountsFilings
6 annual accounts 3 late
The 2020 accounts came latest: 138 days after the end of the period.
Position in the sector
€43,381
Less equity than 80% of companies in specialised construction. Sector median €250,541 · 9,969 companies.
Checked score
50
Fair
Financially stronger than 45% of micro companies in specialised construction (NACE 43)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
3.4% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 2.5%
01-2025: 2.4%▼ -0.1 percentage points vs 12-2024lowest value
02-2025: 2.4%● unchanged vs 01-2025lowest value
03-2025: 2.4%● unchanged vs 02-2025lowest value
04-2025: 2.7%▲ +0.3 percentage points vs 03-2025
05-2025: 3.2%▲ +0.5 percentage points vs 04-2025
06-2025: 3.1%▼ -0.1 percentage points vs 05-2025
07-2025: 3.2%▲ +0.1 percentage points vs 06-2025
08-2025: 3.8%▲ +0.6 percentage points vs 07-2025
09-2025: 3.1%▼ -0.7 percentage points vs 08-2025
10-2025: 3.1%● unchanged vs 09-2025
11-2025: 3.1%● unchanged vs 10-2025
12-2025: 3.1%● unchanged vs 11-2025
01-2026: 2.7%▼ -0.4 percentage points vs 12-2025
02-2026: 2.7%● unchanged vs 01-2026
03-2026: 2.7%● unchanged vs 02-2026
04-2026: 3.0%▲ +0.3 percentage points vs 03-2026
05-2026: 3.3%▲ +0.3 percentage points vs 04-2026
06-2026: 3.0%▼ -0.3 percentage points vs 05-2026
07-2026: 3.0%● unchanged vs 06-2026
08-2026: 4.1%▲ +1.1 percentage points vs 07-2026highest value
09-2026: 2.8%▼ -1.3 percentage points vs 08-2026
10-2026: 3.4%▲ +0.6 percentage points vs 09-2026
11-2026: 3.4%● unchanged vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Last filed accounts filed 60 days late; 1 of the last 3 accounts late
Liquidity: current ratio 1.54
Founded in 2019
Sector: Specialised construction activities (NACE 43)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 42% of them on solvency, 25% on liquidity, 51% on profitability and 64% on growth.
The bankruptcy probability was computed on 09-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as BU-PAINT has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BU-PAINT itself is higher: 3.4% within 12 months. It rests on far more data about BU-PAINT than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for BU-PAINT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €2,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.54 (1.43 in 2024), above the usual 1.5. Short-term debt is 60.9% of total assets. However, 60.9% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises risk
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
202122232425
2020 to 2025 · latest year €43,381
raises risk · 2025 accounts filed 60 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-09-2026, 60 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filingsDeviation from the deadline
2025
60 days late
2024
22 days late
2023
17 days early
2022
5 days early
2021
37 days early
2020
138 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 27 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 July (4 of the last 5 accounts filed within 32 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0735968890
Registered office moved within Antwerp
New registered office: Herentalsebaan 520, 2100 Antwerpen · Previous registered office: Uitbreidingstraat 304, 2600 Antwerpen · General meeting of 01-07-2024 · Gazette deed
Incorporation
Founding capital of €3,000, 100 shares · Founder: ÖZCELIK Bünyamin · Appointment: ÖZCELIK Bünyamin (director) · published on 14-10-2019 · Gazette deed
First establishment
Herentalsebaan 520, Antwerp
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BU-PAINT Antwerp | €110,971 | €10,195 | 39.1% | - |
| Roel bouwt in hout Kasterlee | €107,315 | €13,368 | 66.6% | - |
| DV ESTATE GROUP Antwerp | €105,444 | €11,429 | 64.8% | - |
| Decolux Projects Mortsel | €83,273 | €14,761 | 12.8% | - |
| Kroma Antwerp | €93,672 | €16,375 | 50.3% | - |
| PELL'S GROUP Kraainem | €100,619 | €14,898 | 14.9% | - |
| H.M.G. Bekkevoort | €115,165 | €6,460 | 94.2% | - |
These companies have the same main activity as BU-PAINT: other construction installation (NACE 43240). They are comparable in size and age: total assets between €83,300 and €115,000, founded between 2019 and 2021.
Official details
Source: KBO- Status
- Active since 10-10-2019Normal situation
- Activity
- Other construction installationNACE 43240and 3 others
- Establishment unit
- 2.294.696.4352100 Antwerp, since 10-10-2019
- Financial year end
- 31 December
- Peppol
- Reachable since 07-06-2026
Insights on BU-PAINT
BU-PAINT files the abbreviated format. That format states no turnover. The gross margin fell from €48,096 in 2020 to €10,195 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BU-PAINT
- What is the company number of BU-PAINT?
- The company number of BU-PAINT is 0735.968.890. The VAT number is the same number with BE in front: BE 0735.968.890.
- Where is BU-PAINT based?
- The registered office is at Herentalsebaan 520, 2100 Antwerp.Company details
- What does BU-PAINT do?
- According to the KBO register, the main activity is other construction installation (NACE 43240).
- What is the legal form of BU-PAINT?
- BU-PAINT is a private limited company (BV).
- When was BU-PAINT founded?
- BU-PAINT was founded on 10-10-2019.
- Is BU-PAINT still active?
- Yes, BU-PAINT is an active enterprise in the KBO register.
- What is the turnover of BU-PAINT?
- The turnover in financial year 2025 is ≈ €130,000. This figure is estimated from the gross margin of €10,195 and 34 comparable companies (NACE 43240). It probably lies between €58,000 and €250,000. It is a rough estimate. In financial year 2024 turnover was €76,354.Financials
- Is BU-PAINT profitable?
- In financial year 2025, BU-PAINT made a profit of €6,301.
- Where can I find the annual accounts of BU-PAINT?
- BU-PAINT filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BU-PAINT due?
- BU-PAINT must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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