BUFICO
ActiveSummary
BUFICO has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €436,632 and a net result of €273,617. Equity is growing by ~112.5% per year across the filed fiscal years. Its solvency ranks better than 51% of 3210 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability91▲+33
Solvency80▲+35
Growth78=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity short (current ratio 0.07 against 0.45 in 2024; short-term debt: 43.7% and cash: 0.8% of total assets), and 45.4% of the assets are financed with debt.
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
54.6%
Return on assets
34.2%
Age of the figures
9 mo
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 30-04-2026, 92 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
92 d early
2024
93 d early
2023
44 d early
2022
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 65 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
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
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€273,617▲ 356%
2024 · €59,962
Working capital
-€323,352▲ 10.0%
2024 · -€359,394
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€62,482-€109,226▲ 74.8%€103,039▼ 5.7%€126,772▲ 23.0%
Net result€38,375-€61,679▲ 60.7%€59,962▼ 2.8%€273,617▲ 356%
Equity€41,375-€103,053▲ 149%€163,016▲ 58.2%€436,632▲ 168%
Total assets€616,888-€743,304▲ 20.5%€831,338▲ 11.8%€799,685▼ 3.8%
Debt€575,513-€640,251▲ 11.2%€668,323▲ 4.4%€363,052▼ 45.7%
Working capital-€499,703--€450,940▲ 9.8%-€359,394▲ 20.3%-€323,352▲ 10.0%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 23% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €799,685
Fixed assets
€773,758 ▲ 42.7%
Current assets
€25,927 ▼ 91.0%
Equity and liabilities €799,685
Equity
€436,632 ▲ 168%
Debt
€363,052 ▼ 45.7%
Debt's share of the balance-sheet total falls from 80.4% to 45.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€138,411▲
2024 · €114,677
Cash flow
€285,256▲
2024 · €71,601
Current ratio
0.07▼
2024 · 0.45
Debt to equity
0.83▼
2024 · 4.10
ROE
62.7%▲
2024 · 36.8%
ROA
34.2%▲
2024 · 7.2%
Interest coverage
4.92▲
2024 · 3.63
Debt ≤ 1 year
€349,279▼
2024 · €648,378
Income taxes
€32,259▲
2024 · €26,241
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,845 | €11,450 | €11,639 | €11,639 | = |
| Other operating charges640/8 | €77 | - | €317 | €738 | ▲ 133% |
| Gross operating margin9900 | €73,404 | €120,675 | €114,995 | €139,149 | ▲ 21.0% |
| Operating profit (loss)9901 | €62,482 | €109,226 | €103,039 | €126,772 | ▲ 23.0% |
| Financial income75/76B | - | - | €14,767 | €207,243 | ▲ 1,303% |
| Recurring financial income75 | - | - | €14,767 | €207,243 | ▲ 1,303% |
| Financial charges65/66B | €10,227 | €24,190 | €31,602 | €28,139 | ▼ 11.0% |
| Recurring financial charges65 | €10,227 | €24,190 | €31,602 | €28,139 | ▼ 11.0% |
| Profit (loss) for the period before taxes9903 | €52,255 | €85,035 | €86,204 | €305,876 | ▲ 255% |
| Income taxes67/77 | €13,880 | €23,357 | €26,241 | €32,259 | ▲ 22.9% |
| Profit (loss) for the period9904 | €38,375 | €61,679 | €59,962 | €273,617 | ▲ 356% |
| Profit (loss) for the period to be appropriated9905 | €38,375 | €61,679 | €59,962 | €273,617 | ▲ 356% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €616,888 | €743,304 | €831,338 | €799,685 | ▼ 3.8% |
| Fixed assets21/28 | €541,078 | €553,993 | €542,354 | €773,758 | ▲ 42.7% |
| Tangible fixed assets22/27 | €48,204 | €38,919 | €27,280 | €15,641 | ▼ 42.7% |
| Furniture and vehicles24 | €46,905 | €35,616 | €24,327 | €13,038 | ▼ 46.4% |
| Other tangible fixed assets26 | €1,299 | €3,303 | €2,953 | €2,603 | ▼ 11.8% |
| Financial fixed assets28 | €492,874 | €515,074 | €515,074 | €758,116 | ▲ 47.2% |
| Current assets29/58 | €75,810 | €189,311 | €288,984 | €25,927 | ▼ 91.0% |
| Amounts receivable within one year40/41 | - | €166,882 | €216,033 | €19,588 | ▼ 90.9% |
| Trade receivables40 | - | - | €19,151 | €9,588 | ▼ 49.9% |
| Other amounts receivable41 | - | €166,882 | €196,882 | €10,000 | ▼ 94.9% |
| Cash at bank and in hand54/58 | €75,729 | €22,429 | €57,524 | €6,294 | ▼ 89.1% |
| Deferred charges and accrued income490/1 | €81 | - | €15,427 | €45 | ▼ 99.7% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €616,888 | €743,304 | €831,338 | €799,685 | ▼ 3.8% |
| Equity10/15 | €41,375 | €103,053 | €163,016 | €436,632 | ▲ 168% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Reserves13 | €38,000 | €99,000 | €99,000 | €99,000 | = |
| Distributable reserves133 | €38,000 | €99,000 | €99,000 | €99,000 | = |
| Profit (loss) carried forward14 | €375 | €1,053 | €61,016 | €334,632 | ▲ 448% |
| Amounts payable17/49 | €575,513 | €640,251 | €668,323 | €363,052 | ▼ 45.7% |
| Amounts payable within one year42/48 | €575,513 | €640,251 | €648,378 | €349,279 | ▼ 46.1% |
| Current portion of amounts payable after more than one year42 | €395,500 | €395,500 | €0 | - | - |
| Trade debts44 | - | €3,783 | €3,441 | €2,027 | ▼ 41.1% |
| Suppliers440/4 | - | €3,783 | €3,441 | €2,027 | ▼ 41.1% |
| Taxes, remuneration and social security45 | €22,905 | €30,339 | €14,725 | €20,998 | ▲ 42.6% |
| Taxes450/3 | €21,405 | €30,339 | €14,725 | €20,998 | ▲ 42.6% |
| Remuneration and social security454/9 | €1,500 | - | - | - | - |
| Other amounts payable47/48 | €157,108 | €210,629 | €630,211 | €326,254 | ▼ 48.2% |
| Accrued charges and deferred income492/3 | - | - | €19,945 | €13,773 | ▼ 30.9% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €38,375 | €61,679 | €59,962 | €273,617 | ▲ 356% |
| + Depreciation and write-downs630 | €10,845 | €11,450 | €11,639 | €11,639 | = |
| Operating cash flow (approximation) | €49,220 | €73,128 | €71,601 | €285,256 | ▲ 298% |
| Investment in fixed assets (approximation) | - | -€24,365 | €0 | -€243,042 | - |
| Change in cash | - | -€53,301 | €35,095 | -€51,230 | ▼ 246% |
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
13-08
State Gazette act
Incorporation · Founder
Founding capital · Bank account · Stijn JOYE
30-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2022net €273,617 ▲356%
Operating result €126,772, net result €273,617, both a record.
31-12
Financial
Equity above €200,000Eq €436,632 ▲168%
4 profitable years in a row build equity to €436,632.
29-04
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Equity above €150,000Eq €163,016 ▲58.2%
3 profitable years in a row build equity to €163,016.
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
26-03
State Gazette act
General meeting · Statutes amendment
Director appointment · Permanent representative
2023
31-12
Financial
Equity above €100,000Eq €103,053 ▲149%
2 profitable years in a row build equity to €103,053.
29-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Elsene · 1 establishment unit since 2022
Ground area
174 m²
Building footprint
100 m²
Volume, LiDAR
1,431 m³
Parcel 21447B0306/00R043, Brussels · tallest building 18.8 m, ±5 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
BUFICO
since 20222.326.072.668
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21447B0306/00R043 | Brussels | 174 m² | 1 · 100 m² | 18.8 m · 5 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.
Structure & network
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Ownership & control
2 board mandatesBoard mandates of this companythis company sits on their board2
1 location
1 location
Similar companies · same sector, comparable size
Settle Projects
BE 0769.938.686
Aalter · Eq €436,662
RHODE CONSULTING
BE 0440.408.605
Brussel · Eq €436,675
MM Motivation
BE 0867.473.473
Oudergem · Eq €436,693
AMON Management
BE 0897.271.873
Ukkel · Eq €436,727
EUSCOPIA.NET
BE 0825.968.361
Namur · Eq €436,735
Of 82,632 companies in sector 70200 we hold annual accounts for 52,587. 35,717 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
Founded04-01-2022
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.