Buda BV
ActiveSummary
The computed 12-month bankruptcy probability of Buda BV is 2.7% (moderate). The 2025 annual accounts show equity of €21k and a net result of €-7k. Equity is growing by ~31.7% per year across the filed fiscal years. Its solvency ranks better than 15% of 27965 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability15▼-85
Solvency36▼-62
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days only on tighter terms
Liquidity short (current ratio 0.72 against 2.55 in 2024; short-term debt: 32.5% and cash: 0.7% of total assets), and 89.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
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 →
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 2025Solvency, return and age of the figures
Solvency
10.7%
Return on assets
-3.4%
Age of the figures
15 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 27965 sector peers (2025).
NBB · sector comparisonPosition among 27965 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-01-2026, 15 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
15 d early
2024
11 d early
2023
2 d early
2022
on the day
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close25-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€21k▼ 23.9%
2024 · €28k
2022: €9klowest in 4 years
2023: €16k▲ +89.4% vs 2022
2024: €28k▲ +68.7% vs 2023highest in 4 years
2025: €21k▼ -23.9% vs 2024
2022 → 2025
Total assets
€197k▲ 414%
2024 · €38k
2022: €25klowest in 4 years
2023: €33k▲ +31.9% vs 2022
2024: €38k▲ +14.5% vs 2023
2025: €197k▲ +414% vs 2024highest in 4 years
2022 → 2025
Net result
€-7k
2024 · €11k
2022: €6k
2023: €8k▲ +25.4% vs 2022
2024: €11k▲ +45.5% vs 2023highest in 4 years
2025: €-7k▼ -159% vs 2024lowest in 4 years
2022 → 2025
Working capital
€-18k
2024 · €16k
2022: €839
2023: €-2k▼ -388% vs 2022
2024: €16k▲ +777% vs 2023highest in 4 years
2025: €-18k▼ -209% vs 2024lowest in 4 years
2022 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€9k-€16k▲ 89.4%€28k▲ 68.7%€21k▼ 23.9%
2022: €9klowest in 4 years
2023: €16k▲ +89.4% vs 2022
2024: €28k▲ +68.7% vs 2023highest in 4 years
2025: €21k▼ -23.9% vs 2024
Operating result€10k-€11k▲ 13.0%€16k▲ 46.2%€-5k
2022: €10k
2023: €11k▲ +13.0% vs 2022
2024: €16k▲ +46.2% vs 2023highest in 4 years
2025: €-5k▼ -131% vs 2024lowest in 4 years
Net result€6k-€8k▲ 25.4%€11k▲ 45.5%€-7k
2022: €6k
2023: €8k▲ +25.4% vs 2022
2024: €11k▲ +45.5% vs 2023highest in 4 years
2025: €-7k▼ -159% vs 2024lowest in 4 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €5k after €16k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €197k
Fixed assets
€151k ▲ 1,215%
Current assets
€46k ▲ 72.6%
Equity and liabilities €197k
Equity
€21k ▼ 23.9%
Debt
€176k ▲ 1,573%
Debt's share of the balance-sheet total rises from 27.4% to 89.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-2k▼
2024 · €22k
Cash flow
€-3k▼
2024 · €17k
Current ratio
0.72▼
2024 · 2.55
Debt to equity
8.31▲
2024 · 0.38
ROE
-31.3%▼
2024 · 40.7%
ROA
-3.4%▼
2024 · 29.5%
Interest coverage
-1.11▼
2024 · 118.43
Debt ≤ 1 year
€64k▲
2024 · €11k
Debt > 1 year
€112k
Income taxes
€0▼
2024 · €5k
Staff costs
€167▲
2024 · €164
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 51 lines
Balance sheet
Code20242025
Assets
Total assets20/58€38k€197k▲
Fixed assets21/28€11k€151k▲
Tangible fixed assets22/27€11k€151k▲
Land and buildings22-€139k
Plant, machinery and equipment23€2k€4k▲
Furniture and vehicles24€9k€8k▼
Current assets29/58€27k€46k▲
Amounts receivable within one year40/41€16k€44k▲
Trade receivables40€11k€13k▲
Other amounts receivable41€4k€31k▲
Cash at bank and in hand54/58€11k€1k▼
Deferred charges and accrued income490/1€533€545▲
Equity and liabilities
Total equity and liabilities10/49€38k€197k▲
Equity10/15€28k€21k▼
Contributions10/11€3k€3k=
Reserves13€25k€19k▼
Distributable reserves133€25k€19k▼
Amounts payable17/49€11k€176k▲
Amounts payable after more than one year17-€112k
Financial debts170/4-€112k
Amounts payable within one year42/48€11k€64k▲
Current portion of amounts payable after more than one year42-€6k
Trade debts44€4k€31k▲
Suppliers440/4€4k€31k▲
Advances received on contracts in progress46€0-
Taxes, remuneration and social security45€6k€2k▼
Taxes450/3€6k€116▼
Remuneration and social security454/9-€2k
Other amounts payable47/48€0€25k▲
Income statement
Code20242025
Remuneration, social security and pensions62€164€167▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€3k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€4k€0▼
Other operating charges640/8€3k€2k▼
Non-recurring operating charges66A€110€0▼
Gross operating margin9900€29k€434▼
Operating profit (loss)9901€16k€-5k▼
Financial income75/76B€7€1▼
Recurring financial income75€7€1▼
Financial charges65/66B€255€2k▲
Recurring financial charges65€185€2k▲
Non-recurring financial charges66B€70€25▼
Profit (loss) for the period before taxes9903€16k€-7k▼
Income taxes67/77€5k€0▼
Profit (loss) for the period9904€11k€-7k▼
Profit (loss) for the period to be appropriated9905€11k€-7k▼
Appropriation of the result
Profit (loss) to be appropriated9906€11k€-7k▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2-€7k
Transfer to equity691/2€11k€0▼
To the legal reserve6920€0-
To other reserves6921€11k€0▼
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | €164 | €167 | ▲ 2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4k | €6k | €6k | €3k | ▼ 44.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | €4k | €0 | ▼ 100% |
| Other operating charges640/8 | €3k | €2k | €3k | €2k | ▼ 20.4% |
| Non-recurring operating charges66A | - | - | €110 | €0 | ▼ 100% |
| Gross operating margin9900 | €17k | €19k | €29k | €434 | ▼ 98.5% |
| Operating profit (loss)9901 | €10k | €11k | €16k | €-5k | ▼ 131% |
| Financial income75/76B | €53 | €0 | €7 | €1 | ▼ 83.5% |
| Recurring financial income75 | €53 | €0 | €7 | €1 | ▼ 83.5% |
| Financial charges65/66B | €347 | €430 | €255 | €2k | ▲ 553% |
| Recurring financial charges65 | €347 | €430 | €185 | €2k | ▲ 787% |
| Non-recurring financial charges66B | - | - | €70 | €25 | ▼ 64.7% |
| Profit (loss) for the period before taxes9903 | €10k | €11k | €16k | €-7k | ▼ 142% |
| Income taxes67/77 | €3k | €3k | €5k | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €6k | €8k | €11k | €-7k | ▼ 159% |
| Profit (loss) for the period to be appropriated9905 | €6k | €8k | €11k | €-7k | ▼ 159% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €25k | €33k | €38k | €197k | ▲ 414% |
| Fixed assets21/28 | €8k | €19k | €11k | €151k | ▲ 1,215% |
| Tangible fixed assets22/27 | €8k | €19k | €11k | €151k | ▲ 1,215% |
| Land and buildings22 | - | - | - | €139k | - |
| Plant, machinery and equipment23 | - | €5k | €2k | €4k | ▲ 68.0% |
| Furniture and vehicles24 | €8k | €14k | €9k | €8k | ▼ 11.3% |
| Current assets29/58 | €18k | €15k | €27k | €46k | ▲ 72.6% |
| Amounts receivable within one year40/41 | €6k | €6k | €16k | €44k | ▲ 186% |
| Trade receivables40 | €6k | €3k | €11k | €13k | ▲ 17.0% |
| Other amounts receivable41 | - | €2k | €4k | €31k | ▲ 631% |
| Cash at bank and in hand54/58 | €11k | €8k | €11k | €1k | ▼ 87.0% |
| Deferred charges and accrued income490/1 | €966 | €657 | €533 | €545 | ▲ 2.2% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €25k | €33k | €38k | €197k | ▲ 414% |
| Equity10/15 | €9k | €16k | €28k | €21k | ▼ 23.9% |
| Contributions10/11 | €3k | €3k | €3k | €3k | = |
| Reserves13 | - | €14k | €25k | €19k | ▼ 26.2% |
| Distributable reserves133 | - | €14k | €25k | €19k | ▼ 26.2% |
| Profit (loss) carried forward14 | €6k | €0 | - | - | - |
| Amounts payable17/49 | €17k | €17k | €11k | €176k | ▲ 1,573% |
| Amounts payable after more than one year17 | - | - | - | €112k | - |
| Financial debts170/4 | - | - | - | €112k | - |
| Amounts payable within one year42/48 | €17k | €17k | €11k | €64k | ▲ 510% |
| Current portion of amounts payable after more than one year42 | - | - | - | €6k | - |
| Trade debts44 | €1k | €3k | €4k | €31k | ▲ 667% |
| Suppliers440/4 | €1k | €3k | €4k | €31k | ▲ 667% |
| Advances received on contracts in progress46 | - | €5k | €0 | - | - |
| Taxes, remuneration and social security45 | €2k | €2k | €6k | €2k | ▼ 67.2% |
| Taxes450/3 | €2k | €2k | €6k | €116 | ▼ 98.2% |
| Remuneration and social security454/9 | - | - | - | €2k | - |
| Other amounts payable47/48 | €13k | €7k | €0 | €25k | - |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €6k | €8k | €11k | €-7k | ▼ 159% |
| + Depreciation and write-downs630 | €4k | €6k | €6k | €3k | ▼ 44.3% |
| Operating cash flow (approximation) | €10k | €13k | €17k | €-3k | ▼ 120% |
| Investment in fixed assets (approximation) | - | €-17k | €2k | €-143k | ▼ 8,186% |
| Change in cash | - | €-2k | €2k | €-9k | ▼ 493% |
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
Next filing, fiscal year 2026, expected by
2026
16-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-06
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series.
20-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2022net €11k ▲45.5%
Operating result €16k, net result €11k, both a record.
30-06
Financial
Liquidity triplescurrent ratio 2.55
Current ratio from 0.86 to 2.55; short-term debt falls from €17k to €11k.
29-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Wortegem-Petegem · 1 establishment unit since 2020
Ground area
314 m²
Building footprint
100 m²
Volume, LiDAR
429 m³
Parcel 45039A0248/00G000, Flanders · tallest building 6.9 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Buda BV
since 20202.308.010.377
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 45039A0248/00G000 | Flanders | 314 m² | 1 · 99 m² | 6.9 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
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
2022 to 2025 · 3 entries · 186 EUR awarded · 186 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 65 EUR | 65 EUR |
| 2023 | 1 | 62 EUR | 62 EUR |
| 2022 | 1 | 59 EUR | 59 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 7,867 companies in sector 43341 we hold annual accounts for 2,663. 2,082 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-09-2020
Fiscal year end30-06
Activities, NACEBEL 2025
43341Painting of buildings
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.