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Budex

Active Private limited companyfounded 1968active for 58 yearsKlabbeeksesteenweg 281, 1502 HalleKBO/BCE: BE 0400.376.111 #9 employer in Flemish Brabant, Non-metallic mineral products sector

Lifetime

20 annual accounts with figures on one time axis, 51 filings since 1975
peak €779,651 (2008)
€451,981▼ 10.9%
peak €25,870 (2020)
€15,023▼ 5.0%
peak €418,413 (2025)
€418,413▲ 1.2%
€727,620▼ 7.7%
peak 21 FTE (2007)
12.5 FTEunchanged
Board1 name since 2021
1 director
Documentsfilings and deeds
01-08-20261 day late
2025abbreviated format
Dividend €10,000Investments €55,451

Key points

from the 2025 annual accounts

Equity

€418,413 ▲ 1.2%
413,3902024+15,023Profit-10,000Dividend418,4132025

Budex paid out €10,000 in dividends. That is 67% of the 2025 profit.

Investments

€55,253 4.2 × depreciation
20212022202320242025

Green is investment, beige is depreciation.

Staff

12.5 FTE from 21 in 2007

Between 2007 and 2025, 40% of the full-time equivalents disappeared.

2025 accounts filed 1 day after the deadline

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 14,768 companies had the same profile as Budex has now. Each dot stands for 37 companies, two years later.

96.1%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

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

Test of the method

The method was tested on the 497,762 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 2.9% 3.1%
10 5.6% 6.1%

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 14,768 companies, not a prediction for Budex. 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.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0400376111
Change of role: , from manager to director Director discharge: · Gazette deed
Establishment taken over Klabbeeksesteenweg 281, Halle · in the KBO since 1946
All 58 events

Comparable companies

same main activity, similar in size and age
Company
Budex Halle €1.1m €0.5m 36.5% 12.5
SPANBETON HOLLEVOET CHARLES Torhout €1.1m €0.2m -105.6% 13.4
Beton- en Bouwmaterialen PAUWELS Geel €2.1m €0.6m 54.3% 6.8
PREFER Services Flémalle €0.8m €0.9m 24.1% 6.6
SAGECO Waimes €1.8m €0.9m 8.2% 11
BETONAL Puurs-Sint-Amands €1.3m €1.1m 11.2% 10.6
TRUYERS Houthalen-Helchteren €1.3m €0.3m 47.3% 3.4

These companies have the same main activity as Budex: manufacture of other non-metallic mineral products (NACE 23610). They are comparable in size and age: total assets between €781,000 and €2.1m, founded between 1968 and 1984.

Official details

Source: KBO
Status
ActiveNormal situation
Activity
Manufacture of other non-metallic mineral productsNACE 23610and 1 other
Joint committee
106.02Concrete industry · annual accounts 2023
Establishment unit
2.020.286.9971502 Halle, since 24-09-1946
Financial year end
31 December
Peppol
Reachable since 17-09-2025
Company details

Annual accounts 2025

≈ €1.1mestimated
€1.1m▼ 4.7%
Employeeson 31-12-2025
13=
Filing
Filed on 01-08-2026
Financials

Insights on Budex

Budex files the abbreviated format. That format states no turnover. The gross margin fell from €684,619 in 2006 to €451,981 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Budex

What is the company number of Budex?
The company number of Budex is 0400.376.111. The VAT number is the same number with BE in front: BE 0400.376.111.
Where is Budex based?
The registered office is at Klabbeeksesteenweg 281, 1502 Halle.Company details
What does Budex do?
According to the KBO register, the main activity is manufacture of other non-metallic mineral products (NACE 23610).
What is the legal form of Budex?
Budex is a private limited company (BV).
When was Budex founded?
Budex was founded on 01-01-1968.
Is Budex still active?
Yes, Budex is an active enterprise in the KBO register.
How many employees does Budex have?
Budex had an average of 12.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
Which joint committee does Budex fall under?
In its 2023 annual accounts, Budex states joint committee 106.02 (Concrete industry).
What is the turnover of Budex?
The turnover in financial year 2025 is ≈ €1.1m. This figure is estimated from the gross margin of €451,981 and 2,274 comparable companies of the same size. It probably lies between €640,000 and €1.8m. It is a rough estimate.
Is Budex profitable?
In financial year 2025, Budex made a profit of €15,023.
Where can I find the annual accounts of Budex?
Budex filed 51 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Budex due?
Budex must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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