BUBBA
ActiveBUBBA has been active since 1997 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.13M and a net result of €54k. Equity is growing by ~11.4% per year across the filed fiscal years. Its solvency ranks better than 53% of 7993 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
74
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability72▼-19
Solvency72▼-1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 2.14 against 2.0 in 2024; short-term debt: 35.8% and cash: 21.1% of total assets), but 52.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2025Solvency, return and age of the figures
Solvency
47.3%
Return on assets
2.2%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
on the day
2023
26 d late
2022
25 d early
2021
3 d early
2020
24 d late
2019
28 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.13M▼ 5.1%
2024 · €1.19M
2018: €624k
2019: €675k
2021: €853k
2022: €980k
2023: €1.11M
2024: €1.19M
2018 → 2025
Total assets
€2.39M▼ 3.8%
2024 · €2.49M
2018: €1.95M
2019: €1.62M
2021: €1.86M
2022: €2.15M
2023: €2.25M
2024: €2.49M
2018 → 2025
Net result
€54k▼ 87.6%
2024 · €434k
2018: €231k
2019: €172k
2021: €166k
2022: €372k
2023: €397k
2024: €434k
2018 → 2025
Working capital
€979k▼ 12.2%
2024 · €1.11M
2018: €559k
2019: €621k
2021: €811k
2022: €936k
2023: €1.04M
2024: €1.11M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€853k-€980k▲ 14.9%€1.11M▲ 13.0%€1.19M▲ 7.6%€1.13M▼ 5.1%
Operating result€186k-€424k▲ 128%€451k▲ 6.4%€480k▲ 6.3%€80k▼ 83.3%
Net result€166k-€372k▲ 125%€397k▲ 6.8%€434k▲ 9.2%€54k▼ 87.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 83% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.39M
Fixed assets
€556k▲ 113%
Current assets
€1.84M▼ 17.6%
Equity and liabilities €2.39M
Equity
€1.13M▼ 5.1%
Debt
€1.26M▼ 2.6%
The debt ratio rises from 52.1% to 52.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€197k▼
2024 · €573k
Cash flow
€171k▼
2024 · €527k
Solvency
47.3%▼
2024 · 47.9%
Current ratio
2.14▲
2024 · 2.00
Quick ratio
1.84▲
2024 · 1.65
Debt / equity
1.12▲
2024 · 1.09
ROE
4.8%▼
2024 · 36.4%
ROA
2.2%▼
2024 · 17.4%
Interest coverage
9.82▼
2024 · 35.07
Debt
€1.26M▼
2024 · €1.30M
Debt ≤ 1 year
€856k▼
2024 · €1.11M
Debt > 1 year
€405k▲
2024 · €184k
Income taxes
€7k▼
2024 · €32k
Staff costs
€365k▲
2024 · €315k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.49M€2.39M▼
Fixed assets21/28€261k€556k▲
Tangible fixed assets22/27€260k€555k▲
Plant, machinery and equipment23-€3k
Furniture and vehicles24€260k€363k▲
Other tangible fixed assets26€46€190k▲
Financial fixed assets28€763€763=
Current assets29/58€2.23M€1.84M▼
Amounts receivable after more than one year29€401k€378k▼
Other amounts receivable291€401k€378k▼
Stocks and contracts in progress3€389k€264k▼
Stocks30/36€389k€264k▼
Amounts receivable within one year40/41€844k€689k▼
Trade receivables40€813k€633k▼
Other amounts receivable41€31k€56k▲
Cash at bank and in hand54/58€567k€505k▼
Deferred charges and accrued income490/1€25k€0▼
Equity and liabilities
Total equity and liabilities10/49€2.49M€2.39M▼
Equity10/15€1.19M€1.13M▼
Contributions10/11€26k€26k=
Reserves13€1.16M€1.10M▼
Distributable reserves133€1.16M€1.10M▼
Profit (loss) carried forward14€5k€4k▼
Amounts payable17/49€1.30M€1.26M▼
Amounts payable after more than one year17€184k€405k▲
Financial debts170/4€184k€405k▲
Amounts payable within one year42/48€1.11M€856k▼
Current portion of amounts payable after more than one year42€86k€136k▲
Trade debts44€650k€583k▼
Suppliers440/4€650k€583k▼
Taxes, remuneration and social security45€25k€23k▼
Taxes450/3€0-
Remuneration and social security454/9€25k€23k▼
Other amounts payable47/48€350k€115k▼
Accrued charges and deferred income492/3€0-
Income statement
Code20242025
Remuneration, social security and pensions62€315k€365k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€94k€117k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€10k€162k▲
Other operating charges640/8€6k€13k▲
Gross operating margin9900€905k€737k▼
Operating profit (loss)9901€480k€80k▼
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€16k€20k▲
Recurring financial charges65€16k€20k▲
Profit (loss) for the period before taxes9903€466k€61k▼
Income taxes67/77€32k€7k▼
Profit (loss) for the period9904€434k€54k▼
Profit (loss) for the period to be appropriated9905€434k€54k▼
Appropriation of the result
Profit (loss) to be appropriated9906€435k€59k▼
Profit (loss) brought forward from the previous period14P€1k€5k▲
Transfer from equity791/2-€60k
Transfer to equity691/2€80k€0▼
To other reserves6921€80k€0▼
Profit to be distributed694/7€350k€115k▼
Return on contributions (dividend)694-€55k
Directors or managers695€350k€60k▼
Social balance
Average headcount (FTE)90878.68.0▼
The notes to these accounts (21 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €54k ▼87.6%
Net result drops to €54k, the lowest in the series.
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €434k ▲9.2%
Operating result €480k, net result €434k, both a record.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 26 days late
2023
31-12
Financial
Equity above €1MEq €1.11M ▲13%
5 profitable years in a row build equity to €1.11M.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
24-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 24 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 28 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Ninove · 1 establishment unit since 1998
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.
Nederwijk-Oost 2989400 NinoveGround area
4,449 m²
Building footprint
1,973 m²
Volume, LiDAR
8,462 m³
Parcel 41362B0315/00N000, Flanders · tallest building 6.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BUBBA
since 19982.082.057.587
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41362B0315/00N000 | Flanders | 4,449 m² | 1 · 1,973 m² | 6.0 m · 2 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.
Public money · subsidies and aid
Flemish government
2023 to 2025 · 3 entries · 647 EUR awarded · 524 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 0 EUR | 268 EUR |
| 2024 | 1 | 379 EUR | 50 EUR |
| 2023 | 1 | 268 EUR | 206 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Food safety, FASFC
1 siteNinove2.082.057.587
Similar companies · same sector, comparable size
FRESH FOOD D.F.
BE 0465.422.232
Roeselare · Eq €1.12M
HOME SERVICE A LA CARTE
BE 0458.216.716
Kuurne · Eq €1.11M
ESCA FOOD-SERVICE
BE 0447.300.949
Veurne · Eq €1.26M
Froster
BE 0462.716.031
Lokeren · Eq €1.28M
d'LIS FOOD
BE 0861.910.425
Diest · Eq €998k
Of 222 companies in sector 46391 we hold annual accounts for 138. 92 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded22-05-1997
Fiscal year end31-12
Activities, NACEBEL
46389Wholesale of other food products
46391Wholesale trade
51391
47210Retail sale of fruit and vegetables
47789Other retail sale of new goods
47810Retail trade
47890Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 28 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.