BUFFIN & FILS
ActiveThe annual accounts of BUFFIN & FILS for fiscal year 2025 show a net loss of 70% of the equity at the start of that year. The 2025 annual accounts show equity of €34k and a net result of €-80k. Equity is shrinking by ~4.7% per year across the filed fiscal years. Its solvency ranks better than 26% of 403 sector peers (fiscal year 2025). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
40
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-5
Solvency39▼-29
Growth32=
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity ample (current ratio 1.92 against 1.4 in 2024; short-term debt: 19.9% and cash: 6.2% of total assets), but 86.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 31
Relative position
BE, all sectors
reference
Sector 31
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
13.8%
Return on assets
-33%
Age of the figures
9 mo
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
1819202122232425
2018 to 2025 · latest year €-80k
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 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
32 d early
2024
20 d late
2023
29 d early
2022
4 d early
2021
16 d late
2020
17 d late
2019
27 d late
← before the deadline
after the deadline →
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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€34k▼ 70.5%
2024 · €114k
2018: €149k
2019: €137k
2020: €127k
2021: €143k
2022: €126k
2023: €143k
2024: €114k
2018 → 2025
Total assets
€243k▼ 7.8%
2024 · €263k
2018: €331k
2019: €277k
2020: €222k
2021: €270k
2022: €213k
2023: €260k
2024: €263k
2018 → 2025
Net result
€-80k▼ 173%
2024 · €-29k
2018: €15k
2019: €-12k
2020: €-10k
2021: €16k
2022: €-17k
2023: €37k
2024: €-29k
2018 → 2025
Working capital
€44k▼ 7.8%
2024 · €48k
2018: €121k
2019: €52k
2020: €33k
2021: €48k
2022: €44k
2023: €84k
2024: €48k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€143k-€126k▼ 12.0%€143k▲ 13.7%€114k▼ 20.5%€34k▼ 70.5%
Operating result€18k-€-16k€38k€-28k€-76k▼ 169%
Net result€16k-€-17k€37k€-29k€-80k▼ 173%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €76k in 2025 against €28k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €243k
Fixed assets
€150k▲ 56.3%
Current assets
€93k▼ 44.5%
Equity and liabilities €243k
Equity
€34k▼ 70.5%
Debt
€209k▲ 40.0%
The debt ratio rises from 56.8% to 86.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-36k▼
2024 · €-4k
Cash flow
€-40k▼
2024 · €-5k
Solvency
13.8%▼
2024 · 43.2%
Current ratio
1.92▲
2024 · 1.40
Quick ratio
0.31▼
2024 · 0.63
Debt / equity
6.22▲
2024 · 1.31
ROE
-238.6%▼
2024 · -25.8%
ROA
-33.0%▼
2024 · -11.2%
Interest coverage
-10.08▼
2024 · -5.51
Debt
€209k▲
2024 · €149k
Debt ≤ 1 year
€48k▼
2024 · €119k
Debt > 1 year
€161k▲
2024 · €30k
Income taxes
€323▲
2024 · €176
Staff costs
€107k▼
2024 · €121k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€263k€243k▼
Fixed assets21/28€96k€150k▲
Tangible fixed assets22/27€96k€150k▲
Plant, machinery and equipment23€43k€112k▲
Furniture and vehicles24€53k€38k▼
Current assets29/58€167k€93k▼
Stocks and contracts in progress3€93k€78k▼
Stocks30/36€93k€78k▼
Amounts receivable within one year40/41€55k-
Trade receivables40€47k-
Other amounts receivable41€9k-
Cash at bank and in hand54/58€19k€15k▼
Equity and liabilities
Total equity and liabilities10/49€263k€243k▼
Equity10/15€114k€34k▼
Contributions10/11€52k€52k=
Reserves13€95k€95k=
Distributable reserves133€95k€95k=
Profit (loss) carried forward14€-34k€-114k▼
Amounts payable17/49€149k€209k▲
Amounts payable after more than one year17€30k€161k▲
Financial debts170/4€30k€65k▲
Other amounts payable178/9-€96k
Amounts payable within one year42/48€119k€48k▼
Current portion of amounts payable after more than one year42€16k€26k▲
Trade debts44€33k€7k▼
Suppliers440/4€33k€7k▼
Taxes, remuneration and social security45€18k€16k▼
Taxes450/3€3k€3k▲
Remuneration and social security454/9€15k€12k▼
Other amounts payable47/48€53k-
Accrued charges and deferred income492/3€387-
Income statement
Code20242025
Remuneration, social security and pensions62€121k€107k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€24k€40k▲
Other operating charges640/8€4k€1k▼
Gross operating margin9900€121k€72k▼
Operating profit (loss)9901€-28k€-76k▼
Financial income75/76B-€27
Recurring financial income75-€27
Financial charges65/66B€883€4k▲
Recurring financial charges65€699€4k▲
Non-recurring financial charges66B€184€150▼
Profit (loss) for the period before taxes9903€-29k€-80k▼
Income taxes67/77€176€323▲
Profit (loss) for the period9904€-29k€-80k▼
Profit (loss) for the period to be appropriated9905€-29k€-80k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-34k€-114k▼
Profit (loss) brought forward from the previous period14P€-5k€-34k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-80k
Net result drops to €-80k, the lowest in the series.
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
2024
02-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €37k
Net result €37k after one loss-making year.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
2021
31-12
Financial
Back to profitnet €16k
Net result €16k after 2 loss-making years.
17-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 17 days late
2020
27-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 27 days late
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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, Grez-Doiceau · 2 establishment units since 2005
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Drève des Anglais 71390 Grez-DoiceauGround area
783 m²
Building footprint
243 m²
Volume, LiDAR
1,532 m³
3 parcels, Wallonia · tallest building 9.5 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
Buffin & Fils
since 20052.145.116.101
Buffin & Fils
since 20052.145.116.594
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25037E0493/00W000 | Wallonia | 473 m² | 1 · 100 m² | 9.5 m · 3 fl. |
| 25037E0494/00S002 | Wallonia | 255 m² | 1 · 98 m² | 8.6 m · 2 fl. |
| 25037E0494/00F002 | Wallonia | 55 m² | 1 · 44 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
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DM Timmer en Schrijnwerk en Interieur
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RC MENUISERIE
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Of 1,499 companies in sector 31004 we hold annual accounts for 620. 395 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-01-2005
Fiscal year end31-12
Activities, NACEBEL
31002Manufacture of furniture
31004Manufacture of dining room, living room, bedroom and bathroom furniture
36100
36130
36141
43320Joinery installation
45421
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:info@buffin.be
Phone:010/84.04.99
Fax:010/84.03.49