BUBUGEST
ActiveBUBUGEST has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €179k and a net result of €29k. Equity is growing by ~4.1% per year across the filed fiscal years. Its solvency ranks better than 63% of 37959 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
Profitability83▲+6
Solvency95▲+12
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days acceptable
Liquidity ample (current ratio 2.96 against 0.48 in 2023; short-term debt: 5.1% and cash: 7.8% of total assets), and 30.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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 70
Relative position
BE, all sectors
reference
Sector 70
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 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
29 d late
2023
6 d early
2022
21 d late
2021
5 d late
2020
30 d late
2019
27 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€179k▲ 19.2%
2023 · €150k
2018: €122k
2019: €134k
2020: €137k
2021: €141k
2022: €132k
2023: €150k
2018 → 2024
Total assets
€257k▼ 1.8%
2023 · €261k
2018: €228k
2019: €274k
2020: €289k
2021: €264k
2022: €249k
2023: €261k
2018 → 2024
Net result
€29k▲ 60.9%
2023 · €18k
2018: €-2k
2019: €12k
2020: €3k
2021: €4k
2022: €-9k
2023: €18k
2018 → 2024
Working capital
€25k
2023 · €-18k
2018: €10k
2019: €-20k
2020: €-13k
2021: €932
2022: €2k
2023: €-18k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€137k-€141k▲ 2.9%€132k▼ 6.2%€150k▲ 13.6%€179k▲ 19.2%
Operating result€10k-€16k▲ 67.0%€-4k€23k€52k▲ 124%
Net result€3k-€4k▲ 43.6%€-9k€18k€29k▲ 60.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 124% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €257k
Fixed assets
€218k▼ 11.0%
Current assets
€38k▲ 137%
Equity and liabilities €257k
Equity
€179k▲ 19.2%
Debt
€77k▼ 30.2%
The debt ratio falls from 42.5% to 30.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€79k▲
2023 · €51k
Cash flow
€56k▲
2023 · €45k
Solvency
69.8%▲
2023 · 57.5%
Current ratio
2.96▲
2023 · 0.48
Quick ratio
2.96▲
2023 · 0.48
Debt / equity
0.43▼
2023 · 0.74
ROE
16.1%▲
2023 · 12.0%
ROA
11.3%▲
2023 · 6.9%
Interest coverage
23.97▲
2023 · 13.86
Debt
€77k▼
2023 · €111k
Debt ≤ 1 year
€13k▼
2023 · €34k
Debt > 1 year
€58k▼
2023 · €70k
Income taxes
€20k▲
2023 · €2k
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€261k€257k▼
Fixed assets21/28€245k€218k▼
Intangible fixed assets21€28k€20k▼
Tangible fixed assets22/27€215k€196k▼
Land and buildings22€199k€188k▼
Plant, machinery and equipment23€4k€3k▼
Furniture and vehicles24€12k€6k▼
Financial fixed assets28€2k€2k=
Current assets29/58€16k€38k▲
Amounts receivable within one year40/41€7k€13k▲
Trade receivables40€477€995▲
Other amounts receivable41€7k€12k▲
Cash at bank and in hand54/58€3k€20k▲
Deferred charges and accrued income490/1€6k€5k▼
Equity and liabilities
Total equity and liabilities10/49€261k€257k▼
Equity10/15€150k€179k▲
Contributions10/11€150k€150k=
Reserves13€28k€57k▲
Non-distributable reserves130/1€10k-
Reserves not available under the articles1311€10k-
Distributable reserves133€18k€57k▲
Profit (loss) carried forward14€-27k€-27k=
Amounts payable17/49€111k€77k▼
Amounts payable after more than one year17€70k€58k▼
Financial debts170/4€70k€58k▼
Amounts payable within one year42/48€34k€13k▼
Current portion of amounts payable after more than one year42€13k€12k▼
Trade debts44€19k€683▼
Suppliers440/4€19k€683▼
Taxes, remuneration and social security45€2k-
Taxes450/3€2k-
Accrued charges and deferred income492/3€7k€7k=
Income statement
Code20232024
Remuneration, social security and pensions62€27k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€27k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€199-
Other operating charges640/8€2k€2k▲
Gross operating margin9900€79k€81k▲
Operating profit (loss)9901€23k€52k▲
Financial income75/76B€86-
Recurring financial income75€86-
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€20k€49k▲
Income taxes67/77€2k€20k▲
Profit (loss) for the period9904€18k€29k▲
Profit (loss) for the period to be appropriated9905€18k€29k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-10k€1k▲
Profit (loss) brought forward from the previous period14P€-27k€-27k=
Transfer to equity691/2€18k€29k▲
To other reserves6921€18k€29k▲
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
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 29 days late
2024
31-12
Financial
Highest result since 2018net €29k ▲60.9%
Operating result €52k, net result €29k, both a record.
31-12
Financial
Liquidity times 6current ratio 2.96
Current ratio from 0.48 to 2.96; short-term debt falls from €34k to €13k.
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
31-12
Financial
Equity above €150kEq €150k ▲13.6%
Equity rises from €132k to €150k.
21-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 21 days late
2022
31-12
Financial
Weakest financial yearnet €-9k ▼319%
Net result drops to €-9k, the lowest in the series; recovery starts the following year.
05-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 5 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
31-12
Financial
Back to profitnet €12k
Net result €12k after one loss-making year.
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
03-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
24-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 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, Assesse · 1 establishment unit since 2004
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.
Rue du Pourrain 315330 AssesseGround area
8,558 m²
Building footprint
476 m²
2 parcels, Wallonia. Linked by address, not a title deed.
1 establishment unit
BUBUGEST
since 20042.137.628.590
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92006B0611/00M000 | Wallonia | 5,898 m² | 1 · 348 m² | - |
| 92047C0638/00L000 | Wallonia | 2,660 m² | 1 · 128 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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AGUCO
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PERPETOS
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Redvik
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Of 82,569 companies in sector 70200 we hold annual accounts for 52,577. 40,617 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-03-2004
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 21 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.