BUBO IT PARTNERS
ActiveBUBO IT PARTNERS has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €8.68M and a net result of €-504k. Equity is growing by ~85.5% per year across the filed fiscal years. Its solvency ranks better than 51% of 1397 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability13▼-4
Solvency51▼-2
Growth35▼-17
Stability94
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €110k at 30 days only on tighter terms
Liquidity short (current ratio 0.09 against 0.11 in 2024), and 59.9% 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 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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 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
40.1%
Return on assets
-2.3%
Age of the figures
9 mo
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity fell accordingly. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2122232425
2021 to 2025 · latest year -€504k
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 29-07-2026, 2 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
2 d early
2024
1 d early
2023
76 d early
2022
14 d early
2021
31 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€1.12M▼ 22.5%
2024 · €1.45M
2024: €1.45M
2024 → 2025
EBIT margin
6.6%▼ 3.0pp
2024 · 9.6%
2024: 9.6%
2024 → 2025
Net result
€-504k▲ 14.8%
2024 · €-592k
2021: €17k
2022: €140k
2023: €144k
2024: €-592k
2021 → 2025
Working capital
€-4.10M▼ 13.4%
2024 · €-3.61M
2021: €836k
2022: €6.74M
2023: €5.82M
2024: €-3.61M
2021 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€1.45M€1.12M▼ 22.5%
Equity€836k-€2.26M▲ 170%€2.40M▲ 6.4%€9.19M▲ 283%€8.68M▼ 5.5%
Operating result€22k-€498k▲ 2,184%€473k▼ 5.1%€139k▼ 70.6%€74k▼ 46.6%
Net result€17k-€140k▲ 721%€144k▲ 2.7%€-592k€-504k▲ 14.8%
Result per fiscal year
Operating resultNet result
The operating result has fallen three years in a row; 2025 is 47% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €21.65M
Fixed assets
€21.24M▲ 0.1%
Current assets
€406k▼ 11.1%
Equity and liabilities €21.65M
Equity
€8.68M▼ 5.5%
Debt
€12.97M▲ 3.8%
The debt ratio rises from 57.6% to 59.9%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€89k▼
2024 · €147k
Cash flow
€-490k▲
2024 · €-584k
Solvency
40.1%▼
2024 · 42.4%
Current ratio
0.09▼
2024 · 0.11
Quick ratio
0.09▼
2024 · 0.11
Debt / equity
1.49▲
2024 · 1.36
ROE
-5.8%▲
2024 · -6.4%
ROA
-2.3%▲
2024 · -2.7%
Interest coverage
0.15▼
2024 · 0.20
Debt
€12.97M▲
2024 · €12.49M
Debt ≤ 1 year
€4.50M▲
2024 · €4.07M
Debt > 1 year
€8.36M▼
2024 · €8.38M
Income taxes
€5k▲
2024 · €189
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€21.67M€21.65M▼
Fixed assets21/28€21.22M€21.24M▲
Intangible fixed assets21€20k€54k▲
Tangible fixed assets22/27€50k€40k▼
Furniture and vehicles24€50k€40k▼
Financial fixed assets28€21.15M€21.15M=
Affiliated companies280/1€21.15M€21.15M=
Participating interests280€21.15M€21.15M=
Current assets29/58€457k€406k▼
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€344k€389k▲
Trade receivables40€343k€375k▲
Other amounts receivable41€1k€14k▲
Cash at bank and in hand54/58€108k€4k▼
Deferred charges and accrued income490/1€5k€13k▲
Equity and liabilities
Total equity and liabilities10/49€21.67M€21.65M▼
Equity10/15€9.19M€8.68M▼
Contributions10/11€3.20M€3.20M=
Reserves13€5.99M€5.48M▼
Distributable reserves133€5.99M€5.48M▼
Amounts payable17/49€12.49M€12.97M▲
Amounts payable after more than one year17€8.38M€8.36M▼
Financial debts170/4€8.38M€8.36M▼
Subordinated loans170€6.05M€6.66M▲
Credit institutions173€2.33M€1.70M▼
Amounts payable within one year42/48€4.07M€4.50M▲
Current portion of amounts payable after more than one year42€1.13M€1.45M▲
Trade debts44€608k€347k▼
Suppliers440/4€608k€347k▼
Taxes, remuneration and social security45€82k€12k▼
Taxes450/3€82k€12k▼
Other amounts payable47/48€2.25M€2.69M▲
Accrued charges and deferred income492/3€35k€109k▲
Income statement
Code20242025
Operating income70/76A€1.45M€1.12M▼
Turnover70€1.45M€1.12M▼
Other operating income74-€338
Operating charges60/66A€1.31M€1.05M▼
Services and other goods61€1.30M€1.02M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€14k▲
Other operating charges640/8€2k€12k▲
Operating profit (loss)9901€139k€74k▼
Financial income75/76B€3k€177▼
Recurring financial income75€3k€177▼
Income from current assets751€3k€177▼
Financial charges65/66B€734k€574k▼
Recurring financial charges65€734k€574k▼
Debt charges650€731k€572k▼
Other financial charges652/9€2k€2k▼
Profit (loss) for the period before taxes9903€-592k€-499k▲
Income taxes67/77€189€5k▲
Taxes670/3€189€5k▲
Tax adjustments and reversals of tax provisions77€0-
Profit (loss) for the period9904€-592k€-504k▲
Profit (loss) for the period to be appropriated9905€-592k€-504k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-592k€-504k▲
Transfer from equity791/2€592k€504k▼
From reserves792€592k€504k▼
Transfer to equity691/2€0-
To other reserves6921€0-
The notes to these accounts (47 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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Weakest financial yearnet €-592k ▼512%
Net result drops to €-592k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €5MEq €9.19M ▲283%
Equity rises from €2.40M to €9.19M.
16-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2021net €144k ▲2.7%
Net result €144k, the highest in the series.
17-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €2MEq €2.26M ▲170%
2 profitable years in a row build equity to €2.26M.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2024
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
18-11-2024
Caluwaerts Dirk: Resigned as Director
18-11-2024
Tinneke I. C. Jacobs: Resigned as Director
11-07-2024
GROUP DADO 14: Resigned as Director
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2021
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.
Tavernierkaai 22000 AntwerpenGround area
592 m²
Building footprint
559 m²
Volume, LiDAR
16,584 m³
Parcel 11002A0058/00B000, Flanders · tallest building 41.9 m, ±12 floors. Linked by address, not a title deed.
1 establishment unit
BUBO IT PARTNERS
since 20212.309.855.060
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11002A0058/00B000 | Flanders | 592 m² | 1 · 559 m² | 41.9 m · 12 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.
Structure & network
Connections & network
1 connected companyNetwork connections
Shared address
→
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Of 29,889 companies in sector 62200 we hold annual accounts for 18,319. 1,069 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded15-10-2020
Fiscal year end31-12
Abbreviation NL
BIP
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryE-mail:management@bockstael.be