Budbee Belgium
ActiveSummary
The computed 12-month bankruptcy probability of Budbee Belgium is 2.2% (moderate). The 2025 annual accounts show equity of €183k and a net result of €-14k. Equity is growing by ~54.5% per year across the filed fiscal years. Its solvency ranks better than 74% of 723 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability24▼-5
Solvency88▲+38
Growth52=
Track record94
Bankruptcy probability, 12 months
2.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €11k at 30 days acceptable
Liquidity ample (current ratio 2.68 against 1.14 in 2024; short-term debt: 37.3% and cash: 41.7% of total assets), and 37.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four 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 52
Relative position
BE, all sectors
reference
Warehousing and support activities for transportation (NACE 52)
about 72% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
2122232425
2021 to 2025 · latest year €-14k
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 13-07-2026, 18 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
18 d early
2024
34 d late
2023
244 d late
2022
5 d early
2021
100 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€183k▼ 6.9%
2024 · €196k
2021: €21klowest in 5 years
2022: €103k▲ +402% vs 2021
2023: €200k▲ +94.5% vs 2022highest in 5 years
2024: €196k▼ -1.9% vs 2023
2025: €183k▼ -6.9% vs 2024
2021 → 2025
Total assets
€291k▼ 63.1%
2024 · €789k
2021: €1.35M
2022: €2.18M▲ +60.8% vs 2021highest in 5 years
2023: €1.24M▼ -43.0% vs 2022
2024: €789k▼ -36.5% vs 2023
2025: €291k▼ -63.1% vs 2024lowest in 5 years
2021 → 2025
Net result
€-14k▼ 252%
2024 · €-4k
2021: €18k
2022: €82k▲ +371% vs 2021
2023: €97k▲ +17.9% vs 2022highest in 5 years
2024: €-4k▼ -104% vs 2023
2025: €-14k▼ -252% vs 2024lowest in 5 years
2021 → 2025
Working capital
€183k▲ 119%
2024 · €83k
2021: €654k
2022: €537k▼ -17.9% vs 2021
2023: €726k▲ +35.3% vs 2022highest in 5 years
2024: €83k▼ -88.5% vs 2023lowest in 5 years
2025: €183k▲ +119% vs 2024
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€21k-€103k▲ 402%€200k▲ 94.5%€196k▼ 1.9%€183k▼ 6.9%
2021: €21klowest in 5 years
2022: €103k▲ +402% vs 2021
2023: €200k▲ +94.5% vs 2022highest in 5 years
2024: €196k▼ -1.9% vs 2023
2025: €183k▼ -6.9% vs 2024
Operating result€19k-€144k▲ 649%€180k▲ 24.5%€39k▼ 78.3%€-12k
2021: €19k
2022: €144k▲ +649% vs 2021
2023: €180k▲ +24.5% vs 2022highest in 5 years
2024: €39k▼ -78.3% vs 2023
2025: €-12k▼ -130% vs 2024lowest in 5 years
Net result€18k-€82k▲ 371%€97k▲ 17.9%€-4k€-14k▼ 252%
2021: €18k
2022: €82k▲ +371% vs 2021
2023: €97k▲ +17.9% vs 2022highest in 5 years
2024: €-4k▼ -104% vs 2023
2025: €-14k▼ -252% vs 2024lowest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €12k after €39k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €291k
Equity
€183k ▼ 6.9%
Debt
€109k ▼ 81.7%
Debt's share of the balance-sheet total falls from 75.1% to 37.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€3k▼
2024 · €56k
Cash flow
€1k▼
2024 · €14k
Current ratio
2.68▲
2024 · 1.14
Debt to equity
0.59▼
2024 · 3.02
ROE
-7.5%▼
2024 · -2.0%
ROA
-4.7%▼
2024 · -0.5%
Interest coverage
1.31▼
2024 · 1.31
Debt ≤ 1 year
€109k▼
2024 · €592k
Staff costs
€121▼
2024 · €104k
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 · 43 lines
Balance sheet
Code20242025
Assets
Total assets20/58€789k€291k▼
Fixed assets21/28€113k€0▼
Tangible fixed assets22/27€48k€0▼
Plant, machinery and equipment23€48k€0▼
Furniture and vehicles24€0-
Financial fixed assets28€65k€0▼
Current assets29/58€676k€291k▼
Amounts receivable within one year40/41€599k€170k▼
Trade receivables40€541k€166k▼
Other amounts receivable41€57k€4k▼
Cash at bank and in hand54/58€77k€121k▲
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€789k€291k▼
Equity10/15€196k€183k▼
Contributions10/11€3k€3k=
Profit (loss) carried forward14€193k€180k▼
Amounts payable17/49€592k€109k▼
Amounts payable within one year42/48€592k€109k▼
Trade debts44€259k€109k▼
Suppliers440/4€259k€109k▼
Taxes, remuneration and social security45€69k€0▼
Taxes450/3€37k€0▼
Remuneration and social security454/9€32k€0▼
Other amounts payable47/48€264k€6▼
Income statement
Code20242025
Non-recurring operating income76A€258k€100k▼
Remuneration, social security and pensions62€104k€121▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€15k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€5k€-5k▼
Other operating charges640/8€968€18k▲
Non-recurring operating charges66A€372k€333▼
Gross operating margin9900€538k€17k▼
Operating profit (loss)9901€39k€-12k▼
Financial income75/76B€68€309▲
Recurring financial income75€68€309▲
Financial charges65/66B€43k€2k▼
Recurring financial charges65€43k€2k▼
Profit (loss) for the period before taxes9903€-4k€-14k▼
Income taxes67/77€0-
Profit (loss) for the period9904€-4k€-14k▼
Profit (loss) for the period to be appropriated9905€-4k€-14k▼
Appropriation of the result
Profit (loss) to be appropriated9906€193k€180k▼
Profit (loss) brought forward from the previous period14P€197k€193k▼
Social balance
Average headcount (FTE)90870.20.0▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €258k | €100k | ▼ 61.1% |
| Remuneration, social security and pensions62 | €190k | €433k | €375k | €104k | €121 | ▼ 99.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k | €11k | €33k | €17k | €15k | ▼ 15.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €5k | €-5k | ▼ 200% |
| Other operating charges640/8 | €368 | €0 | - | €968 | €18k | ▲ 1,750% |
| Non-recurring operating charges66A | - | - | €549 | €372k | €333 | ▼ 99.9% |
| Gross operating margin9900 | €210k | €588k | €589k | €538k | €17k | ▼ 96.9% |
| Operating profit (loss)9901 | €19k | €144k | €180k | €39k | €-12k | ▼ 130% |
| Financial income75/76B | €1 | €360 | €973 | €68 | €309 | ▲ 356% |
| Recurring financial income75 | €1 | €360 | €973 | €68 | €309 | ▲ 356% |
| Financial charges65/66B | €2k | €26k | €47k | €43k | €2k | ▼ 94.4% |
| Recurring financial charges65 | €2k | €26k | €47k | €43k | €2k | ▼ 94.4% |
| Profit (loss) for the period before taxes9903 | €18k | €118k | €134k | €-4k | €-14k | ▼ 252% |
| Income taxes67/77 | - | €36k | €37k | €0 | - | - |
| Profit (loss) for the period9904 | €18k | €82k | €97k | €-4k | €-14k | ▼ 252% |
| Profit (loss) for the period to be appropriated9905 | €18k | €82k | €97k | €-4k | €-14k | ▼ 252% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.35M | €2.18M | €1.24M | €789k | €291k | ▼ 63.1% |
| Fixed assets21/28 | €17k | €216k | €197k | €113k | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €17k | €151k | €132k | €48k | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | €132k | €121k | €48k | €0 | ▼ 100% |
| Furniture and vehicles24 | €17k | €19k | €11k | €0 | - | - |
| Financial fixed assets28 | - | €66k | €66k | €65k | €0 | ▼ 100% |
| Current assets29/58 | €1.34M | €1.96M | €1.04M | €676k | €291k | ▼ 56.9% |
| Amounts receivable within one year40/41 | €979k | €1.78M | €944k | €599k | €170k | ▼ 71.6% |
| Trade receivables40 | €920k | €1.56M | €880k | €541k | €166k | ▼ 69.3% |
| Other amounts receivable41 | €59k | €223k | €65k | €57k | €4k | ▼ 93.1% |
| Cash at bank and in hand54/58 | €343k | €164k | €84k | €77k | €121k | ▲ 57.1% |
| Deferred charges and accrued income490/1 | €15k | €13k | €16k | €0 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.35M | €2.18M | €1.24M | €789k | €291k | ▼ 63.1% |
| Equity10/15 | €21k | €103k | €200k | €196k | €183k | ▼ 6.9% |
| Contributions10/11 | - | €3k | €3k | €3k | €3k | = |
| Profit (loss) carried forward14 | €18k | €100k | €197k | €193k | €180k | ▼ 7.0% |
| Amounts payable17/49 | €1.33M | €2.07M | €1.04M | €592k | €109k | ▼ 81.7% |
| Amounts payable after more than one year17 | €650k | €650k | €723k | - | - | - |
| Other amounts payable178/9 | €650k | €650k | €723k | - | - | - |
| Amounts payable within one year42/48 | €683k | €1.42M | €318k | €592k | €109k | ▼ 81.7% |
| Trade debts44 | €403k | €948k | €196k | €259k | €109k | ▼ 58.1% |
| Suppliers440/4 | €403k | €948k | €196k | €259k | €109k | ▼ 58.1% |
| Taxes, remuneration and social security45 | €46k | €115k | €108k | €69k | €0 | ▼ 100% |
| Taxes450/3 | €3k | €52k | €80k | €37k | €0 | ▼ 100% |
| Remuneration and social security454/9 | €43k | €63k | €29k | €32k | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €360k | €13k | €264k | €6 | ▼ 100.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €18k | €82k | €97k | €-4k | €-14k | ▼ 252% |
| + Depreciation and write-downs630 | €1k | €11k | €33k | €17k | €15k | ▼ 15.9% |
| Operating cash flow (approximation) | €19k | €94k | €131k | €14k | €1k | ▼ 92.3% |
| Investment in fixed assets (approximation) | - | €-211k | €-15k | €67k | €98k | ▲ 46.9% |
| Change in cash | - | €-179k | €-80k | €-6k | €44k | ▲ 783% |
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
31-08
State Gazette act
Resignation: Jorgen Höppener (director)4 facts ▸
State Gazette act
Resignation: Jorgen Höppener (director)
4 facts ▸
- General meeting, 29-06-2026
- Director resignation, Jorgen Höppener (director)
- Board composition, Alexis Priftis (director)
- Board composition, Johannes Borgman (director)
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Weakest financial yearnet €-14k
Net result drops to €-14k, the lowest in the series.
31-12
Financial
Liquidity doublescurrent ratio 2.68
Current ratio from 1.14 to 2.68; short-term debt falls from €592k to €109k.
03-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 34 days late
01-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 244 days late
2023
31-12
Financial
Highest result since 2021net €97k ▲17.9%
Operating result €180k, net result €97k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 3.29
Current ratio from 1.38 to 3.29; short-term debt falls from €1.42M to €318k.
31-12
Financial
Equity above €200kEq €200k ▲94.5%
3 profitable years in a row build equity to €200k.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €100kEq €103k ▲402%
2 profitable years in a row build equity to €103k.
08-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 100 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 8 acts read
About the unread acts
Of the 8 Belgian State Gazette acts we know for this company, 1 has been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
no sitting director, last change in 2025
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.
31-12-2025
Resigned as Director
Not every act has been read: a resignation may be missing here
7 of this company's 8 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2021
Ground area
733 m²
Building footprint
126 m²
Volume, LiDAR
1,486 m³
Parcel 11302A0007/00C003, Flanders · tallest building 17.1 m, ±4 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
Budbee Belgium
since 20212.322.761.307
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11302A0007/00C003 | Flanders | 733 m² | 1 · 126 m² | 17.1 m · 4 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
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Of 3,188 companies in sector 52250 we hold annual accounts for 1,954. 1,448 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
Founded28-05-2021
Fiscal year end31-12
Activities, NACEBEL 2025
52250Logistics services
53200Other postal and courier activities
62900Other information technology and computer services
62100Computer programming
62200Computer consultancy and computer facilities management
71121Engineering and related technical consultancy, excluding land surveyors
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.