Equity
Equity rose in 2024 from €94,836 to €147,342.
Equity rose in 2024 from €94,836 to €147,342.
The micro format states no turnover.
Debts rose by €71,434 in 2024.
2025 accounts not filed: deadline was 31-07-2026.
Higher net result than 87% of companies in specialised construction. Sector median €9,467 · 35,926 companies.
In July 2024, 39,278 companies had the same profile as Bugabel has now. Each dot stands for 99 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
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.
| 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| 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.
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.
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