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Buddha

Active
Private limited companyfounded 2017active for 9 yearsZwijnaardsesteenweg 752, 9000 Gent, BelgiumKBO/BCE: BE 0671.567.721
Summary

Buddha has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €164,487 and a net result of €8,525. Equity remains stable across the filed financial years (±1.4% per year). Its solvency ranks better than 87% of 22,027 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Financials · financial year 2025, micro format

2025 annual accounts filed late (61 days) Filed on 30 September 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00536159.

Turnover
€1.0m
EBIT margin
0.9%
Net result
€8,525▼ 65.6%
2024 · €24,804
Working capital
€145,367▲ 9.8%
2024 · €132,434
Trend over the years

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

The operating result falls in 2025; 2025 is 63% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.01m 2025 Net result€0.009m 2025

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

Sector: the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. 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 financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€1.0m
Operating result€0.08m-€0.02m▼ 71.4%€0.009m▼ 58.8%€0.001m▼ 86.6%€0.02m▲ 1,651%€0.008m▼ 65.0%€0.04m▲ 369%€0.01m▼ 62.9%
Net result€0.07m-€0.02m▼ 72.6%€0.007mwithin the sector's middle half▼ 64.8%€85within the sector's middle half▼ 98.7%€0.02mwithin the sector's middle half▲ 20,893%€0.004mwithin the sector's middle half▼ 75.9%€0.02mabove the sector's middle half▲ 480%€0.009mwithin the sector's middle half▼ 65.6%
EBIT margin0.9%
Equity€0.2m-€0.2m▲ 5.4%€0.2mabove the sector's middle half▲ 3.5%€0.1mabove the sector's middle half▼ 37.4%€0.1mabove the sector's middle half▲ 6.5%€0.1mwithin the sector's middle half▲ 3.4%€0.2mabove the sector's middle half▲ 18.9%€0.2mabove the sector's middle half▲ 5.5%
Total assets€0.3m-€0.3m▲ 4.9%€0.3mwithin the sector's middle half▲ 4.3%€0.2mwithin the sector's middle half▼ 14.3%€0.3mwithin the sector's middle half▲ 15.7%€0.2mbelow the sector's middle half▼ 41.2%€0.2mwithin the sector's middle half▲ 28.5%€0.2mwithin the sector's middle half▼ 2.8%
Debt€0.09m-€0.09m▲ 4.0%€0.09m▲ 6.0%€0.1m▲ 32.3%€0.2m▲ 24.5%€0.03m▼ 77.7%€0.06m▲ 65.1%€0.04m▼ 25.5%
Working capital€0.1m-€0.1m▲ 9.3%€0.2mabove the sector's middle half▲ 9.5%€0.09mabove the sector's middle half▼ 39.8%€0.1mabove the sector's middle half▲ 17.1%€0.1mwithin the sector's middle half▼ 3.8%€0.1mabove the sector's middle half▲ 24.0%€0.1mabove the sector's middle half▲ 9.8%
Solvency67.1%-67.4%▲ 0.3pp66.9%above the sector's middle half▼ 0.5pp48.9%within the sector's middle half▼ 18.0pp45.1%within the sector's middle half▼ 3.9pp79.2%above the sector's middle half▲ 34.1pp73.2%above the sector's middle half▼ 5.9pp79.5%above the sector's middle half▲ 6.3pp
Current ratio2.56-2.62▲ 0.062.68within the sector's middle half▲ 0.051.76within the sector's middle half▼ 0.911.72within the sector's middle half▼ 0.054.09above the sector's middle half▲ 2.373.32above the sector's middle half▼ 0.774.42above the sector's middle half▲ 1.10
Return on assets (ROA)26.0%-6.8%▼ 19.2pp2.3%within the sector's middle half▼ 4.5pp0.0%within the sector's middle half▼ 2.3pp6.3%within the sector's middle half▲ 6.3pp2.6%within the sector's middle half▼ 3.7pp11.6%within the sector's middle half▲ 9.1pp4.1%within the sector's middle half▼ 7.5pp
Staff (FTE)0.1
above within below the middle half of NACE 47, Retail trade: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €206,937
Fixed assets €19,120 ▼ 18.7%
Current assets €187,817 ▼ 0.9%
Equity and liabilities €206,937
Equity €164,487 ▲ 5.5%
Debt €42,450 ▼ 25.5%
Debt's share of the balance-sheet total falls from 26.8% to 20.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€19,807▼
2024 · €41,814
Cash flow
€14,931▼
2024 · €30,458
Quick ratio
2.18▲
2024 · 1.66
Debt to equity
0.26▼
2024 · 0.37
ROE
5.2%▼
2024 · 15.9%
Interest coverage
9.20▼
2024 · 48.29
Debt ≤ 1 year
€42,450▼
2024 · €57,012
Income taxes
€3,365▼
2024 · €11,094
Staff costs
€156
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 5,048 companies that looked in July 2024 the way this one looks now, 2.2% went bankrupt within 24 months and 93.9% are 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% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.9% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,470 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 5,048 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet Code20242025
Assets
Total assets20/58€212,975€206,937▼
Formation expenses20€0€0=
Fixed assets21/28€23,528€19,120▼
Intangible fixed assets21€0€0=
Tangible fixed assets22/27€13,528€9,120▼
Plant, machinery and equipment23€11,426€6,292▼
Furniture and vehicles24€2,102€2,828▲
Financial fixed assets28€10,000€10,000=
Current assets29/58€189,446€187,817▼
Stocks and contracts in progress3€94,693€95,125▲
Stocks30/36€94,693€95,125▲
Amounts receivable within one year40/41€60,630€62,906▲
Trade receivables40€21,950€23,011▲
Other amounts receivable41€38,681€39,896▲
Cash at bank and in hand54/58€31,831€28,790▼
Deferred charges and accrued income490/1€2,292€996▼
Equity and liabilities
Total equity and liabilities10/49€212,975€206,937▼
Equity10/15€155,963€164,487▲
Contributions10/11€50,520€50,520=
Reserves13€105,443€113,967▲
Non-distributable reserves130/1€5,052€5,052=
Reserves not available under the articles1311€5,052€5,052=
Distributable reserves133€100,391€108,915▲
Amounts payable17/49€57,012€42,450▼
Amounts payable within one year42/48€57,012€42,450▼
Trade debts44€34,446€26,353▼
Suppliers440/4€34,446€26,353▼
Taxes, remuneration and social security45€15,624€9,155▼
Taxes450/3€11,094€3,399▼
Remuneration and social security454/9€4,531€5,756▲
Other amounts payable47/48€6,942€6,942=
Income statement Code20242025
Remuneration, social security and pensions62-€156
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5,655€6,407▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€2-
Other operating charges640/8€2,259€1,379▼
Non-recurring operating charges66A-€278
Gross operating margin9900€44,075€21,621▼
Operating profit (loss)9901€36,159€13,401▼
Financial income75/76B€604€642▲
Recurring financial income75€604€642▲
Financial charges65/66B€866€2,154▲
Recurring financial charges65€866€2,154▲
Profit (loss) for the period before taxes9903€35,897€11,889▼
Income taxes67/77€11,094€3,365▼
Profit (loss) for the period9904€24,804€8,525▼
Profit (loss) for the period to be appropriated9905€24,804€8,525▼
Appropriation of the result
Profit (loss) to be appropriated9906€24,804€8,525▼
Transfer to equity691/2€24,804€8,525▼
To other reserves6921€24,804€8,525▼

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Turnover70--€1.0m------
Remuneration, social security and pensions62-------€156-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.02m€0.01m€0.01m€0.008m€0.008m€0.006m€0.006m€0.006m▲ 13.3%
Provisions for liabilities and charges: additions (uses and reversals)635/8------€2--
Other operating charges640/8---€0.001m€0.001m€0.001m€0.002m€0.001m▼ 38.9%
Non-recurring operating charges66A-------€278-
Gross operating margin9900€0.1m€0.04m€0.02m€0.01m€0.03m€0.01m€0.04m€0.02m▼ 50.9%
Operating profit (loss)9901€0.08m€0.02m€0.009m€0.001m€0.02m€0.008m€0.04m€0.01m▼ 62.9%
Financial income75/76B---€0.003m-€0.006m€0.001m€0.001m▲ 6.4%
Recurring financial income75€45€70-€15-€0.006m€0.001m€0.001m▲ 6.4%
Non-recurring financial income76B---€0.003m-----
Financial charges65/66B---€194€0.001m€0.003m€0.001m€0.002m▲ 149%
Recurring financial charges65€0.001m€0.002m€289€194€0.001m€0.003m€0.001m€0.002m▲ 149%
Profit (loss) for the period before taxes9903€0.08m€0.02m€0.009m€0.004m€0.02m€0.01m€0.04m€0.01m▼ 66.9%
Income taxes67/77€0.01m€0.002m€0.003m€0.004m€0.003m€0.006m€0.01m€0.003m▼ 69.7%
Profit (loss) for the period9904€0.07m€0.02m€0.007m€85€0.02m€0.004m€0.02m€0.009m▼ 65.6%
Profit (loss) for the period to be appropriated9905€0.07m€0.02m€0.007m€85€0.02m€0.004m€0.02m€0.009m▼ 65.6%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€259,420€272,255€284,071€243,352€281,627€165,692€212,975€206,937▼ 2.8%
Formation expenses20------€0€0-
Fixed assets21/28€43,917€39,901€32,763€24,343€15,923€24,393€23,528€19,120▼ 18.7%
Intangible fixed assets21€33,917€22,917€11,917€6,417€917-€0€0-
Tangible fixed assets22/27-€6,985€10,846€7,926€5,006€14,393€13,528€9,120▼ 32.6%
Plant, machinery and equipment23---€6,453€4,105€14,063€11,426€6,292▼ 44.9%
Furniture and vehicles24---€1,474€902€330€2,102€2,828▲ 34.5%
Financial fixed assets28€10,000€10,000€10,000€10,000€10,000€10,000€10,000€10,000=
Current assets29/58€215,503€232,354€251,308€219,009€265,704€141,299€189,446€187,817▼ 0.9%
Stocks and contracts in progress3€32,148€32,148€32,148€32,148€32,148€49,726€94,693€95,125▲ 0.5%
Stocks30/36---€32,148€32,148€49,726€94,693€95,125▲ 0.5%
Amounts receivable within one year40/41€156,936€156,524€161,960€168,969€192,669€53,764€60,630€62,906▲ 3.8%
Trade receivables40---€150,082€150,082€5,084€21,950€23,011▲ 4.8%
Other amounts receivable41---€18,887€42,587€48,680€38,681€39,896▲ 3.1%
Cash at bank and in hand54/58€26,419€43,682€57,200€17,892€40,886€35,818€31,831€28,790▼ 9.6%
Deferred charges and accrued income490/1-----€1,991€2,292€996▼ 56.5%
Equity and liabilities
Total equity and liabilities10/49€259,420€272,255€284,071€243,352€281,627€165,692€212,975€206,937▼ 2.8%
Equity10/15€174,165€183,632€190,141€119,108€126,882€131,159€155,963€164,487▲ 5.5%
Contributions10/11€50,520€50,520-€50,520€50,520€50,520€50,520€50,520=
Contributions outside capital11---€50,520€50,520----
Other1109/19---€50,520€50,520----
Reserves13€25,052€25,052€25,052€25,052€25,052€80,639€105,443€113,967▲ 8.1%
Non-distributable reserves130/1---€5,052€5,052€5,052€5,052€5,052=
Reserves not available under the articles1311---€5,052€5,052€5,052€5,052€5,052=
Distributable reserves133---€20,000€20,000€75,587€100,391€108,915▲ 8.5%
Profit (loss) carried forward14€98,593€108,060€114,569€43,536€51,310----
Amounts payable17/49€85,255€88,623€93,930€124,245€154,744€34,533€57,012€42,450▼ 25.5%
Amounts payable after more than one year17€1,220--------
Amounts payable within one year42/48€84,034€88,623€93,930€124,245€154,744€34,533€57,012€42,450▼ 25.5%
Trade debts44€1,418€1,518€18,754€15,043€16,117€6,183€34,446€26,353▼ 23.5%
Suppliers440/4---€15,043€16,117€6,183€34,446€26,353▼ 23.5%
Taxes, remuneration and social security45---€4,327€7,132€17,881€15,624€9,155▼ 41.4%
Taxes450/3---€3,849€5,615€11,881€11,094€3,399▼ 69.4%
Remuneration and social security454/9---€478€1,517€6,000€4,531€5,756▲ 27.0%
Other amounts payable47/48---€104,874€131,496€10,470€6,942€6,942=
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€67,451€18,467€6,509€85€17,775€4,276€24,804€8,525▼ 65.6%
+ Depreciation and write-downs630€22,199€12,746€13,007€8,420€8,420€5,977€5,655€6,407▲ 13.3%
Operating cash flow (approximation)€89,651€31,213€19,517€8,505€26,195€10,253€30,458€14,931▼ 51.0%
Investment in fixed assets (approximation)--€8,731-€5,869€0€0-€14,447-€4,790-€1,998▲ 58.3%
Change in cash-€17,263€13,518-€39,308€22,994-€5,068-€3,987-€3,042▲ 23.7%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (9)
Financial year Type Filed Reference
31-12-2025 micro format 30-09-2026 2026-00536159
31-12-2024 micro format 28-09-2025 2025-00507503
31-12-2023 abbreviated format 16-10-2024 2024-00512386
31-12-2022 micro format 24-10-2023 2023-00495385
31-12-2021 micro format 31-08-2022 2022-20400211
31-12-2020 micro format 23-08-2021 2021-52100326
31-12-2019 micro format 24-10-2020 2020-63500125
31-12-2018 micro format 25-08-2020 2020-44200091
31-12-2017 micro format 31-08-2018 2018-58800264

Similar companies · same sector, comparable size

Of the 10,318 active companies whose main activity is non-specialised retail sale with food, beverages or tobacco predominating (NACE 47110), figures are known for 5,849. 4,386 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.