BUD-MAR
ActiveSummary
The computed 12-month bankruptcy probability of BUD-MAR is 2.4% (moderate). For BUD-MAR, one filing cycle of the annual accounts is missing. The 2024 annual accounts show negative equity (-€15,920) and a net result of -€11,660. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 36378 sector peers (fiscal year 2024). The company has been active since 2000 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Filing: One filing cycle is missing
Axes, FY 2024 · tick = 2023
Profitability0=
Solvency0▼-13
Growth52=
Track record92
Bankruptcy probability, 12 months
2.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-65.9%
Return on assets
-48.3%
Age of the figures
27 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← 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
raises risk · Annual accounts not filed
The financial year that closed on 30-06-2025 was due at the National Bank by 31-01-2026. Nothing is on record, 242 days later.
NBB · 10 filingsPosition against the passed deadline
30-06-2025 close31-01-2026 deadline30-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-06-2024 was due by 31-01-2025 and was filed on 07-04-2025, 66 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 filed
2024
66 d late
2023
303 d late
2022
159 d late
2021
3 d early
2020
26 d late
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 92 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
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Financials · fiscal year 2024, micro schema
Turnover
€121,953
EBIT margin
4.1%
Net result
-€11,660▲ 53.3%
2023 · -€24,947
Working capital
-€18,250▼ 47.6%
2023 · -€12,365
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€121,953
Operating result€4,943▼ 53.5%€30,469▲ 516%€8,563▼ 71.9%-€23,316-€8,663▲ 62.8%
Net result€4,635within the sector's middle half▼ 55.1%€29,807above the sector's middle half▲ 543%€5,133within the sector's middle half▼ 82.8%-€24,947below the sector's middle half-€11,660below the sector's middle half▲ 53.3%
EBIT margin4.1%
Equity-€14,253below the sector's middle half▲ 25.3%€15,554below the sector's middle half€20,687within the sector's middle half▲ 33.0%-€4,260below the sector's middle half-€15,920below the sector's middle half▼ 274%
Total assets€13,833below the sector's middle half▼ 29.3%€31,148below the sector's middle half▲ 125%€39,743below the sector's middle half▲ 27.6%€35,846below the sector's middle half▼ 9.8%€24,149below the sector's middle half▼ 32.6%
Debt€28,087▼ 27.3%€15,595▼ 44.5%€19,057▲ 22.2%€40,106▲ 110%€40,069▼ 0.1%
Working capital-€18,850below the sector's middle half▲ 30.0%€8,705within the sector's middle half€7,573within the sector's middle half▼ 13.0%-€12,365below the sector's middle half-€18,250below the sector's middle half▼ 47.6%
Solvency-103.0%below the sector's middle half▼ 5.5pp49.9%within the sector's middle half▲ 153.0pp52.1%within the sector's middle half▲ 2.1pp-11.9%below the sector's middle half▼ 63.9pp-65.9%below the sector's middle half▼ 54.0pp
Current ratio0.33below the sector's middle half▲ 0.031.56within the sector's middle half▲ 1.231.40within the sector's middle half▼ 0.160.69below the sector's middle half▼ 0.710.54below the sector's middle half▼ 0.15
Return on assets (ROA)33.5%above the sector's middle half▼ 19.3pp95.7%above the sector's middle half▲ 62.2pp12.9%within the sector's middle half▼ 82.8pp-69.6%below the sector's middle half▼ 82.5pp-48.3%below the sector's middle half▲ 21.3pp
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €8,663 in 2024 against €23,316 in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €24,149
Fixed assets
€2,330 ▼ 71.3%
Current assets
€21,819 ▼ 21.3%
Equity and liabilities
Equity-€15,920
Debt€40,069
Equity is negative: debt (€40,069) exceeds the balance-sheet total (€24,149).
Key figures and ratios
EBITDA
-€2,888▲
2023 · -€17,611
Cash flow
-€5,885▲
2023 · -€19,242
Interest coverage
-0.96▲
2023 · -13.15
Debt ≤ 1 year
€40,069▼
2023 · €40,106
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €121,953 | - | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,040 | €3,364 | €6,060 | €5,705 | €5,775 | ▲ 1.2% |
| Other operating charges640/8 | - | - | €614 | €1,508 | €299 | ▼ 80.2% |
| Gross operating margin9900 | €9,420 | €35,553 | €15,238 | -€16,104 | -€2,589 | ▲ 83.9% |
| Operating profit (loss)9901 | €4,943 | €30,469 | €8,563 | -€23,316 | -€8,663 | ▲ 62.8% |
| Financial income75/76B | - | - | €1 | - | - | - |
| Recurring financial income75 | €0 | - | €1 | - | - | - |
| Financial charges65/66B | - | - | €1,504 | €1,339 | €2,997 | ▲ 124% |
| Recurring financial charges65 | €307 | €333 | €1,504 | €1,339 | €2,997 | ▲ 124% |
| Profit (loss) for the period before taxes9903 | €4,635 | €30,136 | €7,060 | -€24,655 | -€11,660 | ▲ 52.7% |
| Income taxes67/77 | - | €329 | €1,927 | €292 | - | - |
| Profit (loss) for the period9904 | €4,635 | €29,807 | €5,133 | -€24,947 | -€11,660 | ▲ 53.3% |
| Profit (loss) for the period to be appropriated9905 | €4,635 | €29,807 | €5,133 | -€24,947 | -€11,660 | ▲ 53.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €13,833 | €31,148 | €39,743 | €35,846 | €24,149 | ▼ 32.6% |
| Fixed assets21/28 | €4,597 | €6,849 | €13,113 | €8,105 | €2,330 | ▼ 71.3% |
| Tangible fixed assets22/27 | €4,351 | €6,603 | €12,332 | €7,324 | €1,549 | ▼ 78.9% |
| Plant, machinery and equipment23 | - | - | €2,881 | €2,633 | €1,549 | ▼ 41.2% |
| Furniture and vehicles24 | - | - | €9,451 | €4,691 | - | - |
| Financial fixed assets28 | €246 | €246 | €781 | €781 | €781 | = |
| Current assets29/58 | €9,237 | €24,299 | €26,630 | €27,741 | €21,819 | ▼ 21.3% |
| Amounts receivable within one year40/41 | - | €15,531 | €12,799 | €26,942 | €20,198 | ▼ 25.0% |
| Trade receivables40 | - | - | €12,799 | €26,942 | €19,811 | ▼ 26.5% |
| Other amounts receivable41 | - | - | - | - | €387 | - |
| Cash at bank and in hand54/58 | €9,237 | €6,733 | €12,340 | - | - | - |
| Deferred charges and accrued income490/1 | - | - | €1,490 | €799 | €1,621 | ▲ 103% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €13,833 | €31,148 | €39,743 | €35,846 | €24,149 | ▼ 32.6% |
| Equity10/15 | -€14,253 | €15,554 | €20,687 | -€4,260 | -€15,920 | ▼ 274% |
| Contributions10/11 | €18,600 | - | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | - | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | - | €1,860 | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | -€34,713 | -€4,906 | €227 | -€24,720 | -€36,380 | ▼ 47.2% |
| Amounts payable17/49 | €28,087 | €15,595 | €19,057 | €40,106 | €40,069 | ▼ 0.1% |
| Amounts payable within one year42/48 | €28,087 | €15,595 | €19,057 | €40,106 | €40,069 | ▼ 0.1% |
| Financial debts43 | - | - | - | €17,147 | €19,376 | ▲ 13.0% |
| Credit institutions430/8 | - | - | - | €17,147 | €19,376 | ▲ 13.0% |
| Trade debts44 | €4,324 | €2,546 | €925 | €15,602 | €8,731 | ▼ 44.0% |
| Suppliers440/4 | - | - | €925 | €15,602 | €8,731 | ▼ 44.0% |
| Taxes, remuneration and social security45 | - | - | €12,554 | €2,006 | €2,031 | ▲ 1.2% |
| Taxes450/3 | - | - | €2,354 | €2,006 | €2,031 | ▲ 1.2% |
| Remuneration and social security454/9 | - | - | €10,200 | - | - | - |
| Other amounts payable47/48 | - | - | €5,578 | €5,351 | €9,932 | ▲ 85.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,635 | €29,807 | €5,133 | -€24,947 | -€11,660 | ▲ 53.3% |
| + Depreciation and write-downs630 | €4,040 | €3,364 | €6,060 | €5,705 | €5,775 | ▲ 1.2% |
| Operating cash flow (approximation) | €8,675 | €33,171 | €11,193 | -€19,242 | -€5,885 | ▲ 69.4% |
| Investment in fixed assets (approximation) | - | -€5,617 | -€12,324 | -€697 | €0 | ▲ 100% |
| Change in cash | - | -€2,504 | €5,607 | - | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
07-04
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 66 days late
2024
29-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 303 days late
20-09
KBO administration
Address struck
event 08-08-2024
2023
09-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 159 days late
30-06
Financial
Weakest financial yearnet -€24,947
Net result drops to -€24,947, the lowest in the series; recovery starts the following year.
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-06
Financial
Highest result since 2019net €29,807 ▲543%
Operating result €30,469, net result €29,807, both a record.
30-06
Financial
Liquidity times 5current ratio 1.56
Current ratio from 0.33 to 1.56; short-term debt falls from €28,087 to €15,595.
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 26 days late
2020
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
13-02
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 13 days late
2018
31-01
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
30-01
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
29-02
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 7 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Pieters-Leeuw · 1 establishment unit since 2001
Ground area
1,740 m²
Building footprint
480 m²
Volume, LiDAR
3,823 m³
2 parcels, Brussels, Flanders · tallest building 14.4 m, ±3 floors. Linked by address, not a title deed.
515
companies at this address
See who is registered here
1 establishment unit
Kasteeldreef 21, 1083 Ganshoren
since 20012.094.200.801
2 parcels
Flanders
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23077A0118/00W082 | Flanders | 1,638 m² | 1 · 398 m² | 9.5 m · 3 fl. |
| 21008A0332/00P020 | Brussels | 102 m² | 1 · 82 m² | 14.4 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
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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This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 20,017 companies in this sector we hold annual accounts for 9,142. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded27-12-2000
Fiscal year end30-06
Activities, NACEBEL 2025
43320Joinery installation
Contact
E-mail
cuisinup@gmail.com
Phone
+32489579136
Phone
0489/579136Ganshoren
E-invoicing
Reachable via Peppol
Peppol ID
0208:0473620415
Also
9925:BE0473620415
Registered
21-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.