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Bugabel

Active Private limited companyfounded 2021active for 4 yearsKrijgsbaan 377, 2070 Beveren-Kruibeke-ZwijndrechtKBO/BCE: BE 0777.662.559

Lifetime

3 annual accounts with figures on one time axis
peak €98,936 (2024)
€98,936▲ 9.6%
peak €52,506 (2024)
€52,506▲ 13.7%
peak €147,342 (2024)
€147,342▲ 55.4%
€137,419▲ 108%
Board1 name since 2021
1 director
Documentsfilings and deeds
08-12-2025130 days late
2024micro format
Equity from €94,836 to €147,342Debts from €65,985 to €137,419Cash from €16,245 to €30,844

Key points

from the 2024 annual accounts

Equity

€147,342 ▲ 55.4%
€94,8002023€147,0002024

Equity rose in 2024 from €94,836 to €147,342.

Turnover

≈ €380,000 estimated

The micro format states no turnover.

Debts

€137,419 ▲ 108%
Suppliers
+61,186
Taxes and wages
+12,800
Other debts
+5,167
The rest
-7,719

Debts rose by €71,434 in 2024.

Filings

3 annual accounts 104 days past the deadline
AprilJune31 JulyOctober202220232024

2025 accounts not filed: deadline was 31-07-2026.

Position in the sector

€52,506

Higher net result than 87% of companies in specialised construction. Sector median €9,467 · 35,926 companies.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 39,278 companies had the same profile as Bugabel has now. Each dot stands for 99 companies, two years later.

95.8%
were still trading
2.3%
stopped another way
1.8%
went bankrupt
  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

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

Test of the method

The method was tested on the 497,448 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 3.0% 3.1%
10 5.6% 6.2%

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 39,278 companies, not a prediction for Bugabel. 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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Signals

Board and ownership

Director
  • 100 sharesdeed of 26-11-2021
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0777662559
Incorporation Founding capital of €4,000, 100 shares · Founder: (comparant/oprichter) · Appointment: (director) · published on 26-11-2021 · Gazette deed
First establishment Krijgsbaan 377, Beveren-Kruibeke-Zwijndrecht
All 8 events

Comparable companies

same main activity, similar in size and age
Company
Bugabel Beveren-Kruibeke-Zwijndrecht €284,762 €98,936 51.7% -
Maes Heating Service Balen €260,135 €88,377 67.3% -
BATI CALOR Antwerp €266,900 €96,255 64.6% -
VERBRUGGEN TOMMY Puurs-Sint-Amands €242,563 €85,773 40.7% -
BvB Green Solutions Ravels €317,308 €102,308 53.8% -
AXICHAUFF Charleroi €260,830 €104,391 64.5% -
G-ENERGIES Nassogne €319,407 €92,428 74.0% -

These companies have the same main activity as Bugabel: installation of electric heating, air conditioning, cooling and ventilation (NACE 43222). They are comparable in size and age: total assets between €243,000 and €319,000, founded between 2021 and 2022.

Official details

Source: KBO
Status
Active since 24-11-2021Normal situation
Activity
Installation of electric heating, air conditioning, cooling and ventilationNACE 43222and 3 others
Establishment unit
2.324.629.0512070 Beveren-Kruibeke-Zwijndrecht, since 24-11-2021
Financial year end
31 December
Peppol
Reachable since 06-01-2026
Company details

Annual accounts 2024

€284,762▲ 77.1%
Filing
Filed on 08-12-2025
Financials

Insights on Bugabel

Bugabel files the micro format. That format states no turnover. The gross margin rose from €91,860 in 2022 to €98,936 in 2024.

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 Bugabel

What is the company number of Bugabel?
The company number of Bugabel is 0777.662.559. The VAT number is the same number with BE in front: BE 0777.662.559.
Where is Bugabel based?
The registered office is at Krijgsbaan 377, 2070 Beveren-Kruibeke-Zwijndrecht.Company details
What does Bugabel do?
According to the KBO register, the main activity is installation of electric heating, air conditioning, cooling and ventilation (NACE 43222).
What is the legal form of Bugabel?
Bugabel is a private limited company (BV).
When was Bugabel founded?
Bugabel was founded on 24-11-2021.
Is Bugabel still active?
Yes, Bugabel is an active enterprise in the KBO register.
What is the turnover of Bugabel?
The turnover in financial year 2024 is ≈ €380,000. This figure is estimated from the gross margin of €98,936 and 30 comparable companies (NACE 43222). It probably lies between €300,000 and €530,000.Financials
Is Bugabel profitable?
In financial year 2024, Bugabel made a profit of €52,506.
Where can I find the annual accounts of Bugabel?
Bugabel filed 3 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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