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BUFICO

Active
Private limited companyfounded 2022active for 4 yearsHoge-Bruggelaan 17, 1050 Elsene, BelgiumKBO/BCE: BE 0779.623.741
Summary

BUFICO has been active since 2022 and the Belgian Official 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 about 112% per year across the filed financial years. Its solvency ranks better than 51% of 3,854 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Activity
Business and other management consultancy
NACE 70200
1 site
Size
≈ €220,000turnover 2025, estimated
Equity
€436,632
Profit
€273,617
Turnover estimated from the gross margin
Financial health
85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Structure
Holdings
1
2025 accounts 92 days early1 of 2 deeds summarised
Why 85raises risk1 change of registered office in 24 monthsLiquidity: current ratio 0.07, cash €6,294, halvedlowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Size: total assets €799,685Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 54% of its sector peers (NACE 70, micro)
Financial strength · tick = 2024
Strong
Solvency 80+35
equity 54.6% of total assets
Liquidity 30+14
short-term debt 43.7% · cash 0.8%
Profitability 91+33
return on assets 34.2%
Bankruptcy probability, 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,501 companies, NACE 70, micro)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.2%▲ +0.1 percentage points vs 03-2025 05-2025: 0.1%▼ -0.1 percentage points vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025lowest value 10-2025: 0.1%● unchanged vs 09-2025lowest value 11-2025: 0.2%▲ +0.1 percentage points vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.2%● unchanged vs 12-2025 02-2026: 0.2%● unchanged vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.4%▲ +0.2 percentage points vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026highest value 07-2026: 0.4%● unchanged vs 06-2026highest value 08-2026: 0.4%● unchanged vs 07-2026highest value 09-2026: 0.4%● unchanged vs 08-2026highest value 10-2026: 0.4%● unchanged vs 09-2026highest value
Credit of up to €35,000 on 30-day terms is acceptable
Liquidity insufficient (current ratio 0.07, compared with 0.45 in 2024, below 1; short-term debt: 43.7% and cash: 0.8% of total assets), and 45.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro): better than 50% on solvency, 13% on liquidity, 61% on profitability and 94% on growth.

The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
lowers risk · Size: total assets €799,685
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.07, cash €6,294, halved
NBB · annual accounts
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 filings
Deviation from the deadline
2025
92 days early
2024
93 days early
2023
44 days early
2022
32 days 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 (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 May (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · full…
  2. Highest result from 2022 to 2025net €273,617 ▲356%
  3. Equity above €200,000equity €436,632 ▲168%

Financials · financial year 2025, full format

Turnover
≈ €220,000
Estimated: probably between €180,000 and €290,000
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

2022 to 2025, 4 financial years

The operating result recovers in 2025; 2025 is 23% above 2024 and is the highest result in the available series.

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

Operating result€126,772 2025 Net result€273,617 2025

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

Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: 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
Line2022202320242025
Operating result€62,482-€109,226▲ 74.8%€103,039▼ 5.7%€126,772▲ 23.0%
Net result€38,375within the sector's middle half-€61,679within the sector's middle half▲ 60.7%€59,962within the sector's middle half▼ 2.8%€273,617within the sector's middle half▲ 356%
Equity€41,375within the sector's middle half-€103,053within the sector's middle half▲ 149%€163,016within the sector's middle half▲ 58.2%€436,632within the sector's middle half▲ 168%
Total assets€616,888above the sector's middle half-€743,304above the sector's middle half▲ 20.5%€831,338within the sector's middle half▲ 11.8%€799,685within the sector's middle half▼ 3.8%
Debt€575,513-€640,251▲ 11.2%€668,323▲ 4.4%€363,052▼ 45.7%
Working capital-€499,703below the sector's middle half--€450,940below the sector's middle half▲ 9.8%-€359,394below the sector's middle half▲ 20.3%-€323,352below the sector's middle half▲ 10.0%
Solvency6.7%below the sector's middle half-13.9%below the sector's middle half▲ 7.2pp19.6%below the sector's middle half▲ 5.7pp54.6%within the sector's middle half▲ 35.0pp
Current ratio0.13below the sector's middle half-0.30below the sector's middle half▲ 0.160.45below the sector's middle half▲ 0.150.07below the sector's middle half▼ 0.37
Return on assets (ROA)6.2%within the sector's middle half-8.3%within the sector's middle half▲ 2.1pp7.2%within the sector's middle half▼ 1.1pp34.2%above the sector's middle half▲ 27.0pp
above within below the middle half of NACE 70, Activities of head offices; management consultancy activities: 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.
The turnover shown is an estimate from the gross margin.
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
2025 value · change against 2024
EBITDA
€138,411▲
2024 · €114,677
Cash flow
€285,256▲
2024 · €71,601
Debt to equity
0.83▼
2024 · 4.10
ROE
62.7%▲
2024 · 36.8%
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
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€831,338€799,685▼
Fixed assets21/28€542,354€773,758▲
Tangible fixed assets22/27€27,280€15,641▼
Furniture and vehicles24€24,327€13,038▼
Other tangible fixed assets26€2,953€2,603▼
Financial fixed assets28€515,074€758,116▲
Current assets29/58€288,984€25,927▼
Amounts receivable within one year40/41€216,033€19,588▼
Trade receivables40€19,151€9,588▼
Other amounts receivable41€196,882€10,000▼
Cash at bank and in hand54/58€57,524€6,294▼
Deferred charges and accrued income490/1€15,427€45▼
Equity and liabilities
Total equity and liabilities10/49€831,338€799,685▼
Equity10/15€163,016€436,632▲
Contributions10/11€3,000€3,000=
Reserves13€99,000€99,000=
Distributable reserves133€99,000€99,000=
Profit (loss) carried forward14€61,016€334,632▲
Amounts payable17/49€668,323€363,052▼
Amounts payable within one year42/48€648,378€349,279▼
Current portion of amounts payable after more than one year42€0-
Trade debts44€3,441€2,027▼
Suppliers440/4€3,441€2,027▼
Taxes, remuneration and social security45€14,725€20,998▲
Taxes450/3€14,725€20,998▲
Other amounts payable47/48€630,211€326,254▼
Accrued charges and deferred income492/3€19,945€13,773▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11,639€11,639=
Other operating charges640/8€317€738▲
Gross operating margin9900€114,995€139,149▲
Operating profit (loss)9901€103,039€126,772▲
Financial income75/76B€14,767€207,243▲
Recurring financial income75€14,767€207,243▲
Financial charges65/66B€31,602€28,139▼
Recurring financial charges65€31,602€28,139▼
Profit (loss) for the period before taxes9903€86,204€305,876▲
Income taxes67/77€26,241€32,259▲
Profit (loss) for the period9904€59,962€273,617▲
Profit (loss) for the period to be appropriated9905€59,962€273,617▲
Appropriation of the result
Profit (loss) to be appropriated9906€61,016€334,632▲
Profit (loss) brought forward from the previous period14P€1,053€61,016▲
Transfer to equity691/2€0-
To other reserves6921€0-

The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2022202320242025Change
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▲ 14×
Recurring financial income75--€14,767€207,243▲ 14×
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%
Line2022202320242025Change
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%
Line2022202320242025Change
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-

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 (4)
Financial year Type Filed Reference
31-12-2025 full format 30-04-2026 2026-00096403
31-12-2024 full format 29-04-2025 2025-00079071
31-12-2023 micro format 17-06-2024 2024-00133750
31-12-2022 micro format 29-06-2023 2023-00174939

Similar companies · same sector, comparable size

Of the 82,511 active companies whose main activity is business and other management consultancy (NACE 70200), figures are known for 54,625. 36,449 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.

Directors

Directors
No directors read yet: 1 of 2 Gazette acts processed. See the directors and other office holders in the KBO →

Owners and capital

Owners

No owners or capital events in the accounts and acts we read.

Group and network

Holdings and subsidiaries

1 holding

Holdings 1

According to the 2025 annual accounts of BUFICO and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.

Connections & network

Depth

The board mandates are listed below; here you explore them as a network.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.

Board mandates elsewhere

8 board mandates
Board mandates of this companythis company sits on their board8
3 locations
1 location
1 location
1 location
1 location
Show 2 more

History

On 4 January 2022, BUFICO was incorporated as a private limited company.1 In 2025 the registered office moved to Ixelles.2 Total assets went from €616,888 in 2022 to €799,685 in 2025.3

  1. 1KBO register
  2. 2Belgian Official Gazette, 28-10-2025
  3. 3National Bank, annual accounts 2022 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
30-04
NBB filing Annual accounts filed
financial year 2025 · full format
2025
31-12
Financial Highest result from 2022 to 2025net €273,617 ▲356%
Operating result €126,772, net result €273,617, both a record.
31-12
Financial Equity above €200,000equity €436,632 ▲168%
A profit in every financial year since 2022 builds equity to €436,632.
28-10
Gazette deed Registered office
Registered-office move2 facts ▸
  • General meeting, 29-09-2025
  • Registered-office move, Avenue du Haut-Pont 17 1050 Ixelles
29-04
NBB filing Annual accounts filed
financial year 2024 · full format
2024
31-12
Financial Equity above €150,000equity €163,016 ▲58.2%
A profit in every financial year since 2022 builds equity to €163,016.
17-06
NBB filing Annual accounts filed
financial year 2023 · micro format
2023
31-12
Financial Equity above €100,000equity €103,053 ▲149%
A profit in every financial year since 2022 builds equity to €103,053.
29-06
NBB filing Annual accounts filed
financial year 2022 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
1 of 2 deeds read
About the unread acts

Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.

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Register details

Identification
Legal formPrivate limited company
Founded04-01-2022
Financial year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID 0208:0779623741
Registered 28-11-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 October 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.

Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.

Sites & property

Location & real-estate footprint
Registered office, Elsene · 1 establishment unit since 2022
registered office establishment The establishment unit on the map
Ground area
174 m²
Building footprint
100 m²
Building volume
1,431 m³
Parcel 21447B0306/00R043, Brussels · tallest building 18.8 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
BUFICO
Hoge-Bruggelaan 17, 1050 ElseneBusiness and other management consultancy
since 2022unit no. 2.326.072.668
1 parcel
Brussels 1 (100%)
Cadastral parcel Region Area Buildings Height / floors
21447B0306/00R043 Brussels 174 m² 1 · 100 m² 18.8 m · 5
How the parcels are linked
Good to know
The parcel matches the address exactly.