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BUDDENBROOK

Active
Private limited companyfounded 2017active for 9 yearsKongodreef 9, 8020 Oostkamp, BelgiumKBO/BCE: BE 0671.809.429

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 20-07-2026 at the NBB all 8 filings

Turnover
≈ €61,000
Estimated: probably between €29,000 and €120,000
Total assets
€379,112▼ 0.6%
2024 · €381,293
Net result
€12,075▼ 45.3%
2024 · €22,084
Working capital
€371,829▲ 4.7%
2024 · €355,094
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is 51% lower than in 2024.

Operating result€10,542 2025 Net result€12,075 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€272,381-€105,234▼ 61.4%€34,527▼ 67.2%€16,094▼ 53.4%€4,227▼ 73.7%€17,204▲ 307%€21,581▲ 25.4%€10,542▼ 51.2%
Net result€179,897-€83,959▼ 53.3%€28,006within the sector's middle half▼ 66.6%€12,779within the sector's middle half▼ 54.4%€3,368below the sector's middle half▼ 73.6%€10,934within the sector's middle half▲ 225%€22,084within the sector's middle half▲ 102%€12,075within the sector's middle half▼ 45.3%
Equity€192,897-€276,855▲ 43.5%€304,861above the sector's middle half▲ 10.1%€323,240above the sector's middle half▲ 6.0%€326,608above the sector's middle half▲ 1.0%€337,542above the sector's middle half▲ 3.3%€359,626above the sector's middle half▲ 6.5%€371,701above the sector's middle half▲ 3.4%
Total assets€315,343-€519,392▲ 64.7%€451,005above the sector's middle half▼ 13.2%€345,610above the sector's middle half▼ 23.4%€369,527above the sector's middle half▲ 6.9%€350,567above the sector's middle half▼ 5.1%€381,293above the sector's middle half▲ 8.8%€379,112above the sector's middle half▼ 0.6%
Debt€122,446-€242,536▲ 98.1%€146,144▼ 39.7%€22,370▼ 84.7%€42,918▲ 91.9%€13,025▼ 69.7%€21,666▲ 66.3%€7,411▼ 65.8%
Working capital€192,897-€276,855▲ 43.5%€275,132above the sector's middle half▼ 0.6%€297,333above the sector's middle half▲ 8.1%€306,796above the sector's middle half▲ 3.2%€325,737above the sector's middle half▲ 6.2%€355,094above the sector's middle half▲ 9.0%€371,829above the sector's middle half▲ 4.7%
Solvency61.2%-53.3%▼ 7.9pp67.6%within the sector's middle half▲ 14.3pp93.5%above the sector's middle half▲ 25.9pp88.4%above the sector's middle half▼ 5.1pp96.3%above the sector's middle half▲ 7.9pp94.3%above the sector's middle half▼ 2.0pp98.0%above the sector's middle half▲ 3.7pp
Current ratio2.58-2.14▼ 0.432.88within the sector's middle half▲ 0.7414.29above the sector's middle half▲ 11.418.21above the sector's middle half▼ 6.0826.77above the sector's middle half▲ 18.5617.69above the sector's middle half▼ 9.0852.05above the sector's middle half▲ 34.37
Return on assets (ROA)57.0%-16.2%▼ 40.9pp6.2%within the sector's middle half▼ 10.0pp3.7%below the sector's middle half▼ 2.5pp0.9%below the sector's middle half▼ 2.8pp3.1%below the sector's middle half▲ 2.2pp5.8%within the sector's middle half▲ 2.7pp3.2%below the sector's middle half▼ 2.6pp
above within below The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €379,112
Equity €371,701 ▲ 3.4%
Debt €7,411 ▼ 65.8%
Debt's share of the balance-sheet total falls from 5.7% to 2.0%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€10,905▼
2024 · €28,851
Cash flow
€12,438▼
2024 · €29,354
Debt to equity
0.02▼
2024 · 0.06
ROE
3.2%▼
2024 · 6.1%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€7,283▼
2024 · €21,279
Income taxes
€1,937▼
2024 · €8,212
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as BUDDENBROOK: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €321,000 and €491,000, founded between 2016 and 2019.

CompanyFoundedTotal assetsEquityGross marginNet resultFTEFinancial year
BUDDENBROOK Oostkamp2017€379,112€371,701€11,238€12,075-2025
Energytix.solutions Dendermonde2016€408,000€36,992€10,595-€45,17402025
Herrebaut Luc Zele2018€320,867€306,400€12,172-€4,314-2025
INFORMATICUM VITAE Beringen2019€348,878€72,777€11,820€6,611-2025
Fred & Barnes Maarkedal2017€381,431€49,801€8,783-€10,871-2025
CWORX Wevelgem2016€490,994€474,099€15,284-€3,562-2025
CLOUDACITY Zwevegem2017€392,387€26,783€7,301€4,413-2025

They were chosen from the 18,969 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 5,047 companies had the same profile as BUDDENBROOK has now. Two years later, 2.2% had gone bankrupt and 93.9% were still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit under 5% of the balance sheet
2.2% went bankrupt
3.8% stopped otherwise
93.9% was still going

Another 0.1% stopped without a precise date, possibly only after those two years.

The bankruptcy probability of BUDDENBROOK itself is lower: 0.1% within 12 months. It rests on far more data about BUDDENBROOK than the profile alone.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 5,047 companies, not a prediction for BUDDENBROOK. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines

Source: Annual accounts 2025 at the NBB, filed on 20-07-2026.

Balance sheet Code20242025
Assets
Total assets20/58€381,293€379,112▼
Fixed assets21/28€4,920€0▼
Tangible fixed assets22/27€4,920€0▼
Plant, machinery and equipment23€0-
Furniture and vehicles24€4,557€0▼
Other tangible fixed assets26€363€0▼
Current assets29/58€376,373€379,112▲
Amounts receivable after more than one year29€25,000€25,000=
Other amounts receivable291€25,000€25,000=
Amounts receivable within one year40/41€158,157€194,447▲
Trade receivables40€22,826€0▼
Other amounts receivable41€135,331€194,447▲
Current investments50/53€180,010€150,000▼
Cash at bank and in hand54/58€12,206€8,165▼
Deferred charges and accrued income490/1€1,000€1,500▲
Equity and liabilities
Total equity and liabilities10/49€381,293€379,112▼
Equity10/15€359,626€371,701▲
Contributions10/11€18,600€18,600=
Reserves13€341,026€353,101▲
Non-distributable reserves130/1€0-
Reserves not available under the articles1311€0-
Distributable reserves133€341,026€353,101▲
Amounts payable17/49€21,666€7,411▼
Amounts payable within one year42/48€21,279€7,283▼
Trade debts44€9,306€863▼
Suppliers440/4€9,306€863▼
Taxes, remuneration and social security45€11,973€6,344▼
Taxes450/3€11,973€6,344▼
Other amounts payable47/48-€75
Accrued charges and deferred income492/3€387€128▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,270€363▼
Other operating charges640/8€1,035€333▼
Gross operating margin9900€29,885€11,238▼
Operating profit (loss)9901€21,581€10,542▼
Financial income75/76B€8,875€3,560▼
Recurring financial income75€8,875€3,560▼
Financial charges65/66B€160€90▼
Recurring financial charges65€160€90▼
Profit (loss) for the period before taxes9903€30,296€14,011▼
Income taxes67/77€8,212€1,937▼
Profit (loss) for the period9904€22,084€12,075▼
Profit (loss) for the period to be appropriated9905€22,084€12,075▼
Appropriation of the result
Profit (loss) to be appropriated9906€22,084€12,075▼
Transfer to equity691/2€22,084€12,075▼
To other reserves6921€22,084€12,075▼

The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Line20182019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,120-€1,737€6,993€7,607€7,970€7,270€363▼ 95.0%
Other operating charges640/8---€2,053€1,680€1,015€1,035€333▼ 67.8%
Gross operating margin9900€275,522€105,688€36,933€25,140€13,514€26,189€29,885€11,238▼ 62.4%
Operating profit (loss)9901€272,381€105,234€34,527€16,094€4,227€17,204€21,581€10,542▼ 51.2%
Financial income75/76B---€1,250€2,500€1,032€8,875€3,560▼ 59.9%
Recurring financial income75€1,189€781€990€1,250€2,500€1,032€8,875€3,560▼ 59.9%
Financial charges65/66B---€204€88€40€160€90▼ 43.5%
Recurring financial charges65€567€23€111€204€88€40€160€90▼ 43.5%
Profit (loss) for the period before taxes9903€273,003€105,991€35,406€17,140€6,639€18,195€30,296€14,011▼ 53.8%
Income taxes67/77€93,106€22,032€7,401€4,361€3,271€7,261€8,212€1,937▼ 76.4%
Profit (loss) for the period9904€179,897€83,959€28,006€12,779€3,368€10,934€22,084€12,075▼ 45.3%
Profit (loss) for the period to be appropriated9905€179,897€83,959€28,006€12,779€3,368€10,934€22,084€12,075▼ 45.3%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€315,343€519,392€451,005€345,610€369,527€350,567€381,293€379,112▼ 0.6%
Fixed assets21/28--€29,729€25,908€20,160€12,190€4,920€0▼ 100%
Tangible fixed assets22/27--€29,729€25,908€20,160€12,190€4,920€0▼ 100%
Plant, machinery and equipment23----€1,414€357€0--
Furniture and vehicles24---€25,908€17,143€10,850€4,557€0▼ 100%
Other tangible fixed assets26----€1,603€983€363€0▼ 100%
Current assets29/58€315,343€519,392€421,277€319,703€349,367€338,377€376,373€379,112▲ 0.7%
Amounts receivable after more than one year29---€125,000€25,000€25,000€25,000€25,000=
Other amounts receivable291---€125,000€25,000€25,000€25,000€25,000=
Amounts receivable within one year40/41€286,894€89,452€61,056€183,886€182,406€153,245€158,157€194,447▲ 22.9%
Trade receivables40---€22,458€55,188€55,681€22,826€0▼ 100%
Other amounts receivable41---€161,428€127,218€97,565€135,331€194,447▲ 43.7%
Current investments50/53-----€100,000€180,010€150,000▼ 16.7%
Cash at bank and in hand54/58€28,449€429,939€358,549€9,813€141,961€59,632€12,206€8,165▼ 33.1%
Deferred charges and accrued income490/1---€1,004-€500€1,000€1,500▲ 50.0%
Equity and liabilities
Total equity and liabilities10/49€315,343€519,392€451,005€345,610€369,527€350,567€381,293€379,112▼ 0.6%
Equity10/15€192,897€276,855€304,861€323,240€326,608€337,542€359,626€371,701▲ 3.4%
Contributions10/11€13,000€13,000-€18,600€18,600€18,600€18,600€18,600=
Reserves13€179,897€263,855€291,861€304,640€308,008€318,942€341,026€353,101▲ 3.5%
Non-distributable reserves130/1---€8,995€8,995€8,995€0--
Reserves not available under the articles1311---€8,995€8,995€8,995€0--
Distributable reserves133---€295,645€299,013€309,948€341,026€353,101▲ 3.5%
Amounts payable17/49€122,446€242,536€146,144€22,370€42,918€13,025€21,666€7,411▼ 65.8%
Amounts payable within one year42/48€122,446€242,536€146,144€22,370€42,571€12,640€21,279€7,283▼ 65.8%
Trade debts44€29,340€80,416€116,711€7,468€27,086€2,071€9,306€863▼ 90.7%
Suppliers440/4---€7,468€27,086€2,071€9,306€863▼ 90.7%
Taxes, remuneration and social security45---€11,757€7,632€10,569€11,973€6,344▼ 47.0%
Taxes450/3---€11,757€7,632€10,569€11,973€6,344▼ 47.0%
Other amounts payable47/48---€3,145€7,852€0-€75-
Accrued charges and deferred income492/3----€348€384€387€128▼ 67.0%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€179,897€83,959€28,006€12,779€3,368€10,934€22,084€12,075▼ 45.3%
+ Depreciation and write-downs630€1,120-€1,737€6,993€7,607€7,970€7,270€363▼ 95.0%
Operating cash flow (approximation)€181,017€83,959€29,742€19,772€10,975€18,904€29,354€12,438▼ 57.6%
Investment in fixed assets (approximation)----€3,172-€1,859€0€0€4,557-
Change in cash-€401,491-€71,391-€348,736€132,148-€82,329-€47,426-€4,041▲ 91.5%

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (8)
Financial year Type Filed Reference Document
31-12-2025 micro format 20-07-2026 2026-00310570 NBB
31-12-2024 micro format 28-08-2025 2025-00420848 PDF
31-12-2023 micro format 30-08-2024 2024-00410001 PDF
31-12-2022 micro format 30-08-2023 2023-00375094 PDF
31-12-2021 micro format 31-08-2022 2022-20363034 PDF
31-12-2020 micro format 26-08-2021 2021-55000272 PDF
31-12-2019 micro format 20-08-2020 2020-43000371 PDF
31-12-2018 micro format 29-08-2019 2019-56200238 PDF

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