Equity
BUBBA paid out €55,000 in dividends. That is 102% of the 2025 profit.
BUBBA paid out €55,000 in dividends. That is 102% of the 2025 profit.
The result fell in 2025 from €433,751 to €53,706.
The abbreviated format states no turnover.
Green is investment, beige is depreciation.
In 2025, 7 people joined and 9 left.
Five of the last ten came late. The 2016 accounts came latest: 29 days after the end of the period.
The dashed line is the sector median: 0.4% across 26,895 companies (NACE 46, micro).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 46, micro). It does better than 55% of them on solvency, 66% on liquidity, 57% on profitability and 31% on growth.
The bankruptcy probability was computed on 06-11-2026 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 very low class on 30-06-2025, 0.1% 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).
In July 2024, 17,041 companies had the same profile as BUBBA has now. Each dot stands for 43 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BUBBA itself: 0.1% within 12 months.
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 17,041 companies, not a prediction for BUBBA. 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.
Liquidity is ample, with a current ratio of 2.14 (2.0 in 2024), above the usual 1.5. Short-term debt is 35.8% and cash 21.1% of total assets. However, 52.7% of the assets are financed with debt and provisions.
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.
The company filed its last 7 accounts on average on the deadline day. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| BUBBA Ninove | €2.4m | €0.7m | 47.3% | 8 |
| 'T VRIESMANNEKE Wervik | €1.9m | €0.7m | 34.3% | 10.3 |
| De Boel Raphaël Heist-op-den-Berg | €1.2m | €0.7m | 82.5% | 8.6 |
| FALOBO Wevelgem | €2.8m | €1.1m | 17.8% | 6.2 |
| NORDIC CENTRE Binche | €1.3m | €0.5m | 34.6% | 7 |
| Oresto Food Partners Hasselt | €2.2m | €0.6m | 16.6% | 5 |
| ESCA FOOD-SERVICE Veurne | €2.7m | €1.8m | 47.0% | 10.2 |
These companies have the same main activity as BUBBA: wholesale trade (NACE 46391). They are comparable in size and age: total assets between €1.2m and €2.8m, founded between 1985 and 1993.
BUBBA files the abbreviated format. That format states no turnover. The gross margin rose from €283,830 in 2006 to €736,883 in 2025.
BELROMA-INVEST holds all the shares.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €4.5m. Estimated: probably between €3.4m and €8.3m.
Higher than 55% of 9,886 companies in 2025.
Higher than 60% of 9,650 companies in 2025.
Higher than 43% of 9,765 companies in 2025.
Net result: middle half · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter · Staff: top quarter
Staff costs divided by the average number of full-time equivalents.
In 2025, 7 people joined and 9 left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||||||||||||
20/58 |
2.4m | 2.5m | 2.2m | 2.2m | 1.9m | 1.6m | 1.6m | 2.0m | 1.8m | 1.8m | 1.7m | 1.6m | 1.4m | 1.5m | 1.4m | 1.2m | 1.4m | 1.2m | 1.1m | 893,039 | |
21/28 |
556,073 | 260,678 | 293,373 | 173,419 | 120,385 | 127,985 | 122,706 | 204,696 | 234,221 | 237,469 | 195,364 | 127,860 | 166,174 | 155,162 | 125,106 | 168,983 | 190,847 | 200,567 | 160,311 | 134,451 | |
21 |
- | - | - | 0 | 100 | 200 | 339 | 477 | 616 | 755 | 3,453 | 6,306 | 9,159 | 11,012 | 13,250 | 15,900 | 18,550 | 21,200 | 23,850 | 475 | |
22/27 |
555,310 | 259,915 | 293,373 | 173,419 | 119,549 | 127,049 | 121,728 | 203,179 | 232,464 | 235,575 | 190,771 | 121,554 | 157,015 | 144,150 | 111,856 | 153,083 | 172,297 | 179,367 | 136,461 | 129,362 | |
23 |
2,720 | - | 0 | 282 | 2,660 | 7,074 | 18,298 | 33,925 | 47,090 | 64,244 | 5,606 | 2,664 | 4,562 | 6,004 | 6,504 | 8,556 | 13,012 | 12,154 | 15,550 | 7,475 | |
24 |
363,000 | 259,868 | 293,127 | 172,690 | 116,243 | 119,129 | 98,150 | 154,438 | 161,024 | 132,767 | 158,619 | 99,446 | 123,090 | 122,256 | 84,222 | 118,156 | 127,674 | 130,362 | 78,820 | 76,255 | |
25 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
26 |
189,589 | 46 | 246 | 446 | 646 | 846 | 0 | 4,255 | 8,510 | 17,443 | 26,546 | 19,444 | 29,363 | 15,890 | 21,130 | 26,370 | 31,611 | 36,851 | 42,091 | 45,632 | |
28 |
763 | 763 | - | 0 | 736 | 736 | 640 | 1,040 | 1,140 | 1,140 | 1,140 | - | - | - | - | - | - | - | - | 4,615 | |
29/58 |
1.8m | 2.2m | 2.0m | 2.0m | 1.7m | 1.5m | 1.5m | 1.7m | 1.6m | 1.6m | 1.5m | 1.5m | 1.3m | 1.3m | 1.3m | 1.1m | 1.2m | 971,918 | 904,416 | 758,588 | |
29 |
377,500 | 401,000 | 401,000 | 401,000 | 401,000 | 401,000 | 401,000 | 401,000 | 401,000 | 401,000 | 401,000 | 401,000 | 401,000 | 401,000 | 476,000 | 401,000 | 401,000 | 401,000 | 225,000 | 155,000 | |
291 |
377,500 | 401,000 | 401,000 | 401,000 | 401,000 | 401,000 | 401,000 | 401,000 | 401,000 | 401,000 | 401,000 | 401,000 | 401,000 | 401,000 | 476,000 | 401,000 | 401,000 | 401,000 | 225,000 | 155,000 | |
3 |
263,693 | 388,706 | 179,241 | 182,412 | 127,742 | 191,422 | 176,416 | 142,836 | 180,563 | 151,020 | 65,891 | 50,953 | 54,062 | 127,449 | 115,992 | 91,912 | 60,280 | 88,083 | 57,879 | 71,044 | |
30/36 |
263,693 | 388,706 | 179,241 | 182,412 | 127,742 | 191,422 | 176,416 | 142,836 | 180,563 | 151,020 | 65,891 | 50,953 | 54,062 | 127,449 | 115,992 | 91,912 | 60,280 | 88,083 | 57,879 | 71,044 | |
40/41 |
689,255 | 843,931 | 962,846 | 781,616 | 724,153 | 596,842 | 699,339 | 883,634 | 899,909 | 873,255 | 736,847 | 617,283 | 603,284 | 703,500 | 564,844 | 437,388 | 499,561 | 367,897 | 517,690 | 437,890 | |
40 |
633,344 | 813,017 | 774,611 | 589,681 | 544,846 | 466,766 | 593,831 | 763,700 | 756,930 | 778,877 | 601,829 | 537,226 | 592,814 | 613,848 | 529,368 | 392,745 | 469,591 | 360,196 | 438,528 | 406,352 | |
41 |
55,911 | 30,914 | 188,235 | 191,936 | 179,308 | 130,076 | 105,508 | 119,934 | 142,979 | 94,377 | 135,018 | 80,058 | 10,471 | 89,652 | 35,475 | 44,643 | 29,970 | 7,701 | 79,162 | 31,539 | |
54/58 |
504,560 | 567,292 | 408,692 | 613,186 | 482,134 | 328,905 | 221,556 | 298,987 | 108,430 | 177,739 | 340,526 | 447,376 | 206,558 | 113,684 | 128,197 | 115,826 | 188,019 | 97,748 | 89,077 | 79,680 | |
490/1 |
0 | 24,956 | - | - | - | - | 0 | 20,939 | - | 6,290 | 380 | 2,125 | 362 | 1,437 | 8,686 | 13,391 | 13,182 | 17,190 | 14,770 | 14,973 | |
| Balance sheet: equity and liabilities | |||||||||||||||||||||
10/49 |
2.4m | 2.5m | 2.2m | 2.2m | 1.9m | 1.6m | 1.6m | 2.0m | 1.8m | 1.8m | 1.7m | 1.6m | 1.4m | 1.5m | 1.4m | 1.2m | 1.4m | 1.2m | 1.1m | 893,039 | |
10/15 |
1.1m | 1.2m | 1.1m | 980,355 | 853,378 | 837,707 | 675,488 | 623,552 | 492,224 | 480,060 | 465,356 | 473,268 | 472,919 | 477,431 | 659,446 | 614,578 | 568,602 | 514,771 | 442,139 | 393,084 | |
10/11 |
26,200 | 26,200 | 26,200 | 26,200 | 26,200 | 26,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | 6,197 | |
100 |
- | - | - | - | - | - | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | 18,592 | |
101 |
- | - | - | - | - | - | 12,392 | 12,392 | 12,392 | 12,392 | 12,392 | 12,392 | 12,392 | 12,392 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | 12,395 | |
13 |
1.1m | 1.2m | 1.1m | 950,000 | 825,000 | 811,250 | 658,109 | 608,109 | 458,109 | 458,109 | 458,109 | 458,109 | 458,109 | 458,109 | 653,249 | 608,381 | 562,404 | 508,573 | 435,942 | 386,887 | |
130/1 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | 1,859 | |
1311 |
- | - | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
- | - | - | - | 0 | 56,250 | 56,250 | 56,250 | 56,250 | 56,250 | 56,250 | 56,250 | 56,250 | 56,250 | 56,250 | 56,250 | 56,250 | 56,250 | 56,250 | 56,250 | |
133 |
1.1m | 1.2m | 1.1m | 950,000 | 825,000 | 755,000 | 600,000 | 550,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 400,000 | 595,140 | 550,272 | 504,295 | 450,464 | 377,833 | 328,778 | |
14 |
3,902 | 5,195 | 1,444 | 4,155 | 2,178 | 257 | 11,179 | 9,243 | 27,915 | 15,751 | 1,047 | 8,959 | 8,610 | 13,122 | - | - | - | - | - | - | |
17/49 |
1.3m | 1.3m | 1.1m | 1.2m | 1.0m | 808,447 | 945,529 | 1.3m | 1.3m | 1.4m | 1.3m | 1.2m | 958,520 | 1.0m | 759,378 | 613,921 | 784,287 | 657,714 | 622,588 | 499,955 | |
17 |
404,725 | 183,953 | 217,660 | 129,011 | 78,410 | 77,031 | 68,238 | 139,943 | 200,587 | 199,758 | 189,654 | 157,072 | 195,239 | 83,144 | 41,778 | 77,388 | 104,013 | 133,478 | 113,471 | 124,462 | |
170/4 |
404,725 | 183,953 | 217,660 | 129,011 | 78,410 | 77,031 | 68,238 | 139,943 | 200,587 | 199,758 | 189,654 | 157,072 | 195,239 | 83,144 | 41,778 | 77,388 | 104,013 | 133,478 | 113,471 | 124,462 | |
42/48 |
856,253 | 1.1m | 914,088 | 1.0m | 923,626 | 731,416 | 877,291 | 1.2m | 1.1m | 1.2m | 1.1m | 1.0m | 754,957 | 941,656 | 717,575 | 536,458 | 680,274 | 524,236 | 509,117 | 375,493 | |
42 |
135,813 | 85,684 | 79,286 | 51,818 | 46,324 | 47,665 | 66,129 | 111,432 | 116,286 | 105,064 | 86,358 | 61,312 | 65,935 | 45,951 | 36,066 | 68,181 | 71,853 | 75,147 | 65,919 | 60,814 | |
43 |
- | - | - | - | 0 | 1,359 | 5,395 | 5,340 | 4,827 | 4,763 | - | - | - | - | - | - | 5,139 | 5,170 | 5,165 | 8,471 | |
430/8 |
- | - | - | - | 0 | 1,359 | 5,395 | 5,340 | 4,827 | 4,763 | - | - | - | - | - | - | - | - | - | - | |
439 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,139 | 5,170 | 5,165 | 8,471 | |
44 |
582,684 | 650,458 | 542,276 | 649,114 | 637,030 | 350,995 | 443,608 | 592,720 | 623,317 | 658,173 | 497,684 | 451,065 | 350,010 | 500,519 | 475,650 | 393,025 | 471,942 | 303,519 | 282,152 | 266,934 | |
440/4 |
582,684 | 650,458 | 542,276 | 649,114 | 637,030 | 350,995 | 443,608 | 592,720 | 623,317 | 658,173 | 497,684 | 451,065 | 350,010 | 500,519 | 475,650 | 393,025 | 471,942 | 303,519 | 282,152 | 266,934 | |
45 |
22,757 | 25,071 | 22,526 | 25,335 | 19,272 | 60,397 | 42,158 | 129,105 | 83,119 | 98,956 | 97,317 | 103,880 | 64,011 | 67,687 | 22,989 | 20,030 | 21,188 | 40,247 | 15,881 | 39,274 | |
450/3 |
- | 0 | 275 | 1,193 | 0 | 44,657 | 17,219 | 92,036 | 60,143 | 70,000 | 75,000 | 74,026 | 40,000 | 45,000 | 2,332 | 4,607 | 6,302 | 24,447 | 2,631 | 33,165 | |
454/9 |
22,757 | 25,071 | 22,251 | 24,142 | 19,272 | 15,740 | 24,939 | 37,069 | 22,975 | 28,956 | 22,317 | 29,854 | 24,011 | 22,687 | 20,657 | 15,423 | 14,886 | 15,800 | 13,250 | 6,109 | |
47/48 |
115,000 | 350,000 | 270,000 | 316,000 | 221,000 | 271,000 | 320,000 | 350,000 | 300,000 | 300,000 | 403,640 | 400,000 | 275,000 | 327,500 | 182,870 | 55,222 | 110,153 | 100,153 | 140,000 | - | |
492/3 |
- | 0 | 5,760 | - | - | - | - | - | 3,763 | - | - | - | 8,325 | - | 26 | 74 | - | - | - | - | |
| Income statement | |||||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 3.2m | - | - | - | - | - | - | |
76A |
- | - | 0 | 3,212 | - | - | - | - | - | 10,000 | 270 | 11,000 | - | - | - | 1,500 | - | 4,150 | 3,034 | 6,862 | |
9900 |
736,883 | 904,596 | 859,900 | 774,632 | 494,453 | 510,154 | 666,694 | 753,135 | 650,756 | 700,534 | 648,149 | 577,353 | 516,423 | 547,970 | 486,415 | 362,696 | 397,464 | 415,173 | 375,805 | 283,830 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 2.6m | - | - | - | - | - | - | |
62 |
365,104 | 315,304 | 328,208 | 300,589 | 217,073 | 221,218 | 307,012 | 304,716 | 304,880 | 322,121 | 264,835 | 236,186 | 214,834 | 196,641 | 190,108 | 148,792 | 129,416 | 122,947 | 88,451 | 42,145 | |
630 |
117,272 | 93,709 | 64,759 | 36,788 | 65,975 | 85,218 | 83,001 | 91,433 | 99,604 | 98,582 | 77,820 | 63,157 | 71,651 | 63,506 | 65,595 | 61,640 | 62,357 | 61,237 | 63,824 | 51,911 | |
631/4 |
161,772 | 9,772 | 8,395 | 0 | 17,469 | 323 | 4,870 | 968 | 3,940 | 1,599 | 4,475 | 4,060 | 40,398 | 92,557 | - | - | - | -7,500 | 7,500 | - | |
640/8 |
12,883 | 6,308 | 7,453 | 13,294 | 8,065 | 10,025 | 9,143 | 10,771 | 41,312 | 10,028 | 5,499 | 4,346 | 5,375 | 4,359 | 3,349 | 2,613 | 2,314 | 2,079 | 2,197 | 2,382 | |
66A |
- | - | - | - | - | - | - | - | - | - | 200 | 5,250 | - | 1,400 | 390 | 20,744 | 7,858 | 22,743 | 2,734 | 39,500 | |
9901 |
79,853 | 479,504 | 451,085 | 423,961 | 185,871 | 193,370 | 262,668 | 345,248 | 201,019 | 268,203 | 295,519 | 269,604 | 184,165 | 190,907 | 227,363 | 149,651 | 203,378 | 236,410 | 213,833 | 187,392 | |
75/76B |
1,097 | 2,487 | 3,731 | 1,838 | 472 | 2,225 | 639 | 1,104 | 379 | 1,310 | 387 | 203 | 1,463 | 263 | 223 | 256 | 126 | 607 | 1,310 | 381 | |
75 |
1,097 | 2,487 | 3,731 | 1,838 | 472 | 1,066 | 639 | 1,104 | 379 | 1,310 | 387 | 203 | 1,463 | 263 | 223 | 256 | 126 | 607 | 1,310 | 381 | |
76B |
- | - | - | - | 0 | 1,159 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
65/66B |
20,079 | 16,347 | 12,252 | 7,629 | 5,782 | 6,852 | 6,837 | 7,748 | 8,504 | 8,375 | 8,500 | 10,232 | 10,138 | 7,538 | 6,509 | 8,902 | 12,962 | 13,333 | 11,258 | 10,829 | |
65 |
20,079 | 16,347 | 12,252 | 7,629 | 5,782 | 6,852 | 6,837 | 7,748 | 8,504 | 8,375 | 8,500 | 10,232 | 10,138 | 7,538 | 6,509 | 8,902 | 12,962 | 13,333 | 11,258 | 10,829 | |
9903 |
60,870 | 465,644 | 442,564 | 418,171 | 180,560 | 188,743 | 256,469 | 338,604 | 192,895 | 261,139 | 287,476 | 265,325 | 175,491 | 182,232 | 220,687 | 121,761 | 182,683 | 205,091 | 204,184 | 144,306 | |
67/77 |
7,164 | 31,893 | 45,275 | 46,193 | 14,889 | 49,800 | 84,533 | 107,276 | 80,730 | 96,435 | 95,388 | 89,976 | 55,003 | 64,249 | 20,819 | 20,785 | 18,852 | 32,460 | 15,129 | 41,989 | |
9904 |
53,706 | 433,751 | 397,289 | 371,977 | 165,671 | 138,943 | 171,936 | 231,327 | 112,165 | 164,704 | 192,088 | 175,349 | 120,488 | 117,982 | 199,868 | 100,976 | 163,831 | 172,631 | 189,055 | 102,318 | |
789 |
- | - | - | 0 | 56,250 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
9905 |
53,706 | 433,751 | 397,289 | 371,977 | 221,921 | 138,943 | 171,936 | 231,327 | 112,165 | 164,704 | 192,088 | 175,349 | 120,488 | 117,982 | 199,868 | 100,976 | 163,831 | 172,631 | 189,055 | 102,318 | |
| Appropriation of the result | |||||||||||||||||||||
9906 |
58,902 | 435,195 | 401,444 | 374,155 | 222,178 | 151,397 | 181,179 | 259,243 | 127,915 | 165,751 | 201,047 | 183,959 | 133,610 | 117,982 | 199,868 | 100,976 | 163,831 | 172,631 | 189,055 | 102,318 | |
14P |
5,195 | 1,444 | 4,155 | 2,178 | 257 | 12,454 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
60,000 | - | - | - | - | - | - | - | - | - | - | - | - | 195,140 | - | - | - | - | - | - | |
691/2 |
0 | 80,000 | 130,000 | 125,000 | 70,000 | 151,141 | 50,000 | 150,000 | - | - | - | - | - | - | 44,868 | 45,976 | 53,831 | 72,631 | 49,055 | 102,318 | |
6921 |
0 | 80,000 | 130,000 | 125,000 | 70,000 | 151,141 | 50,000 | 150,000 | - | - | - | - | - | - | 44,868 | 45,976 | 53,831 | 72,631 | 49,055 | 102,318 | |
694/7 |
115,000 | 350,000 | 270,000 | 245,000 | 150,000 | 0 | 120,000 | 100,000 | 100,000 | 150,000 | 200,000 | 175,000 | 125,000 | 300,000 | 155,000 | 55,000 | 110,000 | 100,000 | 140,000 | - | |
694 |
55,000 | - | - | - | - | 0 | 120,000 | 100,000 | 100,000 | 150,000 | 200,000 | 175,000 | 125,000 | 300,000 | - | - | - | - | - | - | |
695 |
60,000 | 350,000 | 270,000 | 245,000 | 150,000 | - | - | - | - | - | - | - | - | - | 155,000 | 55,000 | 110,000 | 100,000 | 140,000 | - | |
| Social balance sheet | |||||||||||||||||||||
9087 |
8 | 8.6 | 7.9 | 7.3 | 6.3 | 6.1 | 6.1 | 6.8 | 6.5 | 6.5 | 5.4 | 4.5 | 4.5 | 4.1 | 4.2 | 3.5 | 3 | 3.1 | 2.8 | 1 | |
Hours worked1013 |
10,018 | 9,384 | 10,089 | 9,961 | 7,460 | - | 10,485 | 10,118 | 10,460 | 11,595 | 9,390 | 7,916 | 7,888 | 7,224 | 7,376 | 5,908 | 5,265 | 5,433 | 3,881 | 1,724 | |
| Document | |||||||||||||||||||||
The accounts for 8 older financial years (1998-2005) were filed as documents without figures as data, scans for example.
The notes to these accounts have 21 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 08-06-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 08-06-2026 | 2026-00143268 | |
| 31-12-2024 | abbreviated format | 31-07-2025 | 2025-00346646 | |
| 31-12-2023 | abbreviated format | 26-08-2024 | 2024-00379105 | |
| 31-12-2022 | abbreviated format | 06-07-2023 | 2023-00216183 | |
| 31-12-2021 | abbreviated format | 28-07-2022 | 2022-20237249 | |
| 31-12-2020 | abbreviated format | 24-08-2021 | 2021-53900343 | |
| 31-12-2019 | abbreviated format | 28-08-2020 | 2020-47400328 | |
| 31-12-2018 | abbreviated format | 29-08-2019 | 2019-54700336 | |
| 31-12-2017 | abbreviated format | 11-07-2018 | 2018-32200361 | |
| 31-12-2016 | abbreviated format | 29-08-2017 | 2017-51600506 | |
| 31-12-2015 | abbreviated format | 30-08-2016 | 2016-51100073 | |
| 31-12-2014 | abbreviated format | 25-08-2015 | 2015-46200599 | |
| 31-12-2013 | abbreviated format | 07-07-2014 | 2014-27400168 | |
| 31-12-2012 | abbreviated format | 19-08-2013 | 2013-43400198 | |
| 31-12-2011 | abbreviated format | 11-06-2012 | 2012-16200422 | |
| 31-12-2010 | abbreviated format | 23-06-2011 | 2011-20500074 | |
| 31-12-2009 | abbreviated format | 11-06-2010 | 2010-17300352 | |
| 31-12-2008 | abbreviated format | 15-07-2009 | 2009-42200023 | |
| 31-12-2007 | abbreviated format | 26-06-2008 | 2008-29900081 | |
| 31-12-2006 | abbreviated format | 06-06-2007 | 2007-19800221 | |
| 31-12-2005 | abbreviated format | 07-06-2006 | 2006-20805022 | |
| 31-12-2004 | abbreviated format | 07-06-2005 | 2005-21802571 | |
| 31-12-2003 | abbreviated format | 25-03-2004 | 2004-08600404 | |
| 31-12-2002 | abbreviated format | 30-06-2003 | 2003-35404695 | |
| 31-12-2001 | abbreviated format | 26-06-2002 | 2002-28002706 | |
| 31-12-2000 | abbreviated format | 26-07-2001 | 2001-43001991 | |
| 31-12-1999 | abbreviated format | 23-06-2000 | 2000-27100428 | |
| 31-12-1998 | abbreviated format | 02-11-1999 | 1999-56304309 |
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2025 | 1 | €0 | €268 |
| 2024 | 1 | €379 | €50 |
| 2023 | 1 | €268 | €206 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 197,124 | 573,213 | 515,844 | 460,749 | 251,847 | 278,588 | 345,668 | 436,680 | 300,624 | 366,786 | 373,339 | 332,760 | 255,816 | 254,413 | 292,958 | 211,291 | 265,735 | 297,647 | 277,657 | 239,303 | ||
| 170,978 | 527,460 | 462,048 | 408,765 | 231,647 | 224,161 | 254,937 | 322,760 | 211,769 | 263,286 | 269,908 | 238,505 | 192,139 | 181,488 | 265,463 | 162,616 | 226,188 | 233,868 | 252,879 | 154,228 | ||
| 412,713 | 61,013 | 184,714 | 113,946 | 84,776 | 97,518 | 1,411 | 62,008 | 141,012 | 140,687 | 167,885 | 36,093 | 82,662 | 104,962 | 21,718 | 44,576 | 56,202 | 104,815 | 108,265 | 61,616 | ||
| -62,732 | 158,600 | -204,495 | 131,052 | 153,229 | 107,349 | -77,431 | 190,557 | -69,309 | -162,787 | -106,850 | 240,818 | 92,873 | -14,513 | 12,371 | -72,193 | 90,271 | 8,671 | 9,397 | - | ||
| 978,754 | 1.1m | 1.0m | 935,948 | 811,404 | 786,753 | 621,020 | 558,799 | 462,353 | 442,348 | 459,646 | 502,480 | 510,309 | 405,414 | 576,144 | 523,058 | 481,767 | 447,682 | 395,299 | 383,095 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 6.0% | - | - | - | - | - | - | ||
| 47.3% | 47.9% | 49.3% | 45.6% | 46.0% | 50.9% | 41.7% | 31.9% | 27.0% | 26.0% | 26.7% | 28.7% | 33.0% | 31.8% | 46.5% | 50.0% | 42.0% | 43.9% | 41.5% | 44.0% | ||
| 2.14 | 2.00 | 2.14 | 1.90 | 1.88 | 2.08 | 1.71 | 1.47 | 1.41 | 1.38 | 1.42 | 1.49 | 1.68 | 1.43 | 1.80 | 1.98 | 1.71 | 1.85 | 1.78 | 2.02 | ||
| 1.84 | 1.65 | 1.94 | 1.72 | 1.74 | 1.81 | 1.51 | 1.35 | 1.25 | 1.25 | 1.36 | 1.44 | 1.60 | 1.30 | 1.64 | 1.80 | 1.62 | 1.69 | 1.66 | 1.83 | ||
| 1.12 | 1.09 | 1.03 | 1.19 | 1.17 | 0.97 | 1.40 | 2.13 | 2.71 | 2.85 | 2.74 | 2.48 | 2.03 | 2.15 | 1.15 | 1.00 | 1.38 | 1.28 | 1.41 | 1.27 | ||
| 4.8% | 36.4% | 35.9% | 37.9% | 19.4% | 16.6% | 25.5% | 37.1% | 22.8% | 34.3% | 41.3% | 37.1% | 25.5% | 24.7% | 30.3% | 16.4% | 28.8% | 33.5% | 42.8% | 26.0% | ||
| 2.2% | 17.4% | 17.7% | 17.3% | 8.9% | 8.4% | 10.6% | 11.9% | 6.1% | 8.9% | 11.0% | 10.6% | 8.4% | 7.9% | 14.1% | 8.2% | 12.1% | 14.7% | 17.8% | 11.5% | ||
| 9.82 | 35.07 | 42.10 | 60.40 | 43.55 | 40.66 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 71 days | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 69 days | - | - | - | - | - | - |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 | 31-12-2021 |
|---|---|---|---|---|---|
| Employees at the balance-sheet date | 7 | 9 | 8 | 7 | 7 |
| full-time | 5 | 7 | 6 | 6 | 6 |
| part-time | 2 | 2 | 2 | 1 | 1 |
| in full-time equivalents | 5.4 | 7.4 | 6.4 | 6.2 | 6.2 |
| 8 | 8.6 | 7.9 | 7.3 | 6.3 | |
| On a permanent contract | 7 | 9 | 8 | 7 | 7 |
| Joined | 7 | 9 | 10 | 9 | 5 |
| Left | 9 | 8 | 9 | 9 | 4 |
Source: social balance sheet in the 2021 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €412,713 | €60,250 | €184,714 | €113,946 | €84,776 |
| Financial fixed assets | €0 | €763 | - | - | - |
| €117,272 | €93,709 | €64,759 | €36,788 | €65,975 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 83% lower than in 2024 and the lowest since 2006.
Debt's share of the balance-sheet total rises from 52.1% to 52.7%. Equity and debt are lower.
Source: lists of holdings in the owners' accounts
Source: list of holdings in the 2025 accounts of BELROMA-INVEST. Every holding stands with its own latest accounts.
The network starts from the directors of BUBBA. Every other company they run is a node.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number | FASFC approval |
|---|---|---|---|
| Nederwijk-Oost 298 registered office 9400 Ninove | 19-11-1998 | 2.082.057.587 | Storage of goods other than foodstuffs Itinerant food vendors Food wholesaler |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 41362B0315/00N000 | 4,449 m² | 1 · 1,973 m² | 6.0 m · 2 |
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