BUGBUSTER
ActiveFinancials · financial year 2025, micro format
Annual accounts 2025 filed on 07-01-2026 PDF all 16 filings
Turnover
≈ €23,000
Estimated: probably between €11,000 and €44,000
EBIT margin
Not included in this filing
Net result
-€13,805▲ 1.5%
2024 · -€14,018
Working capital
-€77,024▼ 20.7%
2024 · -€63,840
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 6 financial years
The operating result for 2025 is a loss of €1,714, smaller than the loss of €2,212 in 2024.
Operating result-€1,714
2025
Net result-€13,805
2025
Total assets€576,537
2025
Equity-€71,081
2025
Debt€647,619
2025
Working capital-€77,024
2025
Return on assets (ROA)-2.4%
2025
Solvency-12.3%
2025
Current ratio0.09
2025
Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.
Assets, equity and debt per financial year.
Above zero, the company can pay its short-term debts with what it holds in the short term.
The EBIT margin is the share of each euro of turnover left from operations. The return on assets is what the assets earn.
The higher the solvency, the better the company absorbs a setback.
A ratio above 1 means the short-term assets cover the short-term debts.
Use the arrow keys on the chart for the figures per year.
The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line201920212022202320242025
Operating result€6,526--€2,182--€5,521▼ 153%€8,454-€2,212-€1,714▲ 22.5%
Net result-€6,724--€13,435below the sector's middle half--€16,742below the sector's middle half▼ 24.6%-€3,757below the sector's middle half▲ 77.6%-€14,018below the sector's middle half▼ 273%-€13,805below the sector's middle half▲ 1.5%
Equity€9,196--€22,760below the sector's middle half--€39,502below the sector's middle half▼ 73.6%-€43,259below the sector's middle half▼ 9.5%-€57,276below the sector's middle half▼ 32.4%-€71,081below the sector's middle half▼ 24.1%
Total assets€573,827-€568,582within the sector's middle half-€555,363within the sector's middle half▼ 2.3%€560,778above the sector's middle half▲ 1.0%€579,393above the sector's middle half▲ 3.3%€576,537above the sector's middle half▼ 0.5%
Debt€564,631-€591,342-€594,865▲ 0.6%€604,037▲ 1.5%€636,669▲ 5.4%€647,619▲ 1.7%
Working capital€9,196--€22,760below the sector's middle half--€39,502below the sector's middle half▼ 73.6%-€43,259below the sector's middle half▼ 9.5%-€63,840below the sector's middle half▼ 47.6%-€77,024below the sector's middle half▼ 20.7%
Solvency1.6%--4.0%below the sector's middle half--7.1%below the sector's middle half▼ 3.1pp-7.7%below the sector's middle half▼ 0.6pp-9.9%below the sector's middle half▼ 2.2pp-12.3%below the sector's middle half▼ 2.4pp
Current ratio1.63-0.45below the sector's middle half-0.12below the sector's middle half▼ 0.330.20below the sector's middle half▲ 0.080.08below the sector's middle half▼ 0.120.09below the sector's middle half▲ 0.01
Return on assets (ROA)-1.2%--2.4%below the sector's middle half--3.0%below the sector's middle half▼ 0.7pp-0.7%below the sector's middle half▲ 2.3pp-2.4%below the sector's middle half▼ 1.7pp-2.4%below the sector's middle half=
above
within
below
The sector band is the middle half of the companies in Computer programming, consultancy and related activities (NACE 62). A quarter of them sit below it, a quarter above. Each year counts only 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 €576,537
Fixed assets
€568,916 ▼ 0.9%
Current assets
€7,621 ▲ 47.1%
Equity and liabilities
Equity-€71,081
Debt€647,619
Equity is negative. Debt (€647,619) exceeds the balance-sheet total (€576,537).
Key figures and ratios
EBITDA
€3,581▲
2024 · €51
Cash flow
-€8,510▲
2024 · -€11,755
Interest coverage
0.30▲
2024 · 0.00
Debt ≤ 1 year
€84,645▲
2024 · €69,022
Debt > 1 year
€562,974▼
2024 · €567,648
Income taxes
€219▲
2024 · €204
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | €26,474 | - |
| Depreciation and write-downs of the year | - | - | €2,263 | €5,295 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Comparable companies
These companies have the same main activity as BUGBUSTER: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €423,000 and €739,000, founded between 2000 and 2011.
| Company | Founded | Total assets | Equity | Gross margin | Net result | Financial year |
|---|---|---|---|---|---|---|
| BUGBUSTER Braine-l'Alleud | 2007 | €576,537 | -€71,081 | €4,263 | -€13,805 | 2025 |
| Jotun Edegem | 2011 | €448,876 | €276,878 | €4,922 | -€55,788 | 2025 |
| ARCHDATA Court-Saint-Etienne | 2000 | €738,762 | €710,398 | €3,341 | €15,107 | 2025 |
| BODATEC Ninove | 2005 | €434,965 | €120,914 | €5,639 | -€62,094 | 2025 |
| HBITC Hasselt | 2007 | €423,414 | €224,209 | €5,903 | -€27,825 | 2025 |
| MY NAME IS MOBILE Antwerpen | 2011 | €448,378 | €59,402 | €6,470 | -€25,493 | 2025 |
| LINK2PROJECTS Kampenhout | 2011 | €440,659 | €430,563 | €6,513 | €2,182 | 2024 |
They were chosen from the 18,968 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity
Annual accounts
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0 | - | - | - | €2,263 | €5,295 | ▲ 134% |
| Other operating charges640/8 | - | - | €644 | €671 | €2,295 | €682 | ▼ 70.3% |
| Gross operating margin9900 | €7,209 | -€1,542 | -€4,877 | €9,125 | €2,346 | €4,263 | ▲ 81.7% |
| Operating profit (loss)9901 | €6,526 | -€2,182 | -€5,521 | €8,454 | -€2,212 | -€1,714 | ▲ 22.5% |
| Recurring financial income75 | €74 | - | - | - | - | - | - |
| Financial charges65/66B | - | - | €11,070 | €11,083 | €11,602 | €11,872 | ▲ 2.3% |
| Recurring financial charges65 | €13,239 | €11,070 | €11,070 | €11,083 | €11,602 | €11,872 | ▲ 2.3% |
| Profit (loss) for the period before taxes9903 | -€6,639 | -€13,251 | -€16,591 | -€2,629 | -€13,814 | -€13,586 | ▲ 1.6% |
| Income taxes67/77 | €85 | €184 | €151 | €1,128 | €204 | €219 | ▲ 7.3% |
| Profit (loss) for the period9904 | -€6,724 | -€13,435 | -€16,742 | -€3,757 | -€14,018 | -€13,805 | ▲ 1.5% |
| Profit (loss) for the period to be appropriated9905 | -€6,724 | -€13,435 | -€16,742 | -€3,757 | -€14,018 | -€13,805 | ▲ 1.5% |
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €573,827 | €568,582 | €555,363 | €560,778 | €579,393 | €576,537 | ▼ 0.5% |
| Fixed assets21/28 | €550,000 | €550,000 | €550,000 | €550,000 | €574,211 | €568,916 | ▼ 0.9% |
| Tangible fixed assets22/27 | - | - | - | - | €24,211 | €18,916 | ▼ 21.9% |
| Furniture and vehicles24 | - | - | - | - | €24,211 | €18,916 | ▼ 21.9% |
| Financial fixed assets28 | €550,000 | €550,000 | €550,000 | €550,000 | €550,000 | €550,000 | = |
| Current assets29/58 | €23,827 | €18,582 | €5,363 | €10,778 | €5,182 | €7,621 | ▲ 47.1% |
| Amounts receivable within one year40/41 | €20,802 | €16,621 | €3,238 | €2,953 | €3,460 | €5,162 | ▲ 49.2% |
| Trade receivables40 | - | - | €2,993 | €2,707 | €3,215 | €5,162 | ▲ 60.6% |
| Other amounts receivable41 | - | - | €246 | €246 | €246 | - | - |
| Cash at bank and in hand54/58 | €3,025 | €1,961 | €2,125 | €7,825 | €1,721 | €2,459 | ▲ 42.9% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €573,827 | €568,582 | €555,363 | €560,778 | €579,393 | €576,537 | ▼ 0.5% |
| Equity10/15 | €9,196 | -€22,760 | -€39,502 | -€43,259 | -€57,276 | -€71,081 | ▼ 24.1% |
| Contributions10/11 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Capital10 | - | - | €12,400 | €12,400 | €12,400 | €12,400 | = |
| Issued capital100 | - | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Uncalled capital101 | - | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,240 | €1,240 | €1,240 | €1,240 | €1,240 | €1,240 | = |
| Non-distributable reserves130/1 | - | - | €1,240 | €1,240 | €1,240 | €1,240 | = |
| Legal reserve130 | - | - | €1,240 | €1,240 | €1,240 | €1,240 | = |
| Profit (loss) carried forward14 | -€4,444 | -€36,400 | -€53,142 | -€56,899 | -€70,916 | -€84,721 | ▼ 19.5% |
| Amounts payable17/49 | €564,631 | €591,342 | €594,865 | €604,037 | €636,669 | €647,619 | ▲ 1.7% |
| Amounts payable after more than one year17 | €550,000 | €550,000 | €550,000 | €550,000 | €567,648 | €562,974 | ▼ 0.8% |
| Financial debts170/4 | - | - | €550,000 | €550,000 | €567,648 | €562,974 | ▼ 0.8% |
| Amounts payable within one year42/48 | €14,631 | €41,342 | €44,865 | €54,037 | €69,022 | €84,645 | ▲ 22.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | - | €4,492 | €4,674 | ▲ 4.1% |
| Trade debts44 | €91 | €919 | €97 | €280 | €253 | €114 | ▼ 54.9% |
| Suppliers440/4 | - | - | €97 | €280 | €253 | €114 | ▼ 54.9% |
| Taxes, remuneration and social security45 | - | - | €6,775 | €4,764 | €4,284 | €8,792 | ▲ 105% |
| Taxes450/3 | - | - | €1,271 | €999 | €400 | €1,932 | ▲ 383% |
| Remuneration and social security454/9 | - | - | €5,504 | €3,765 | €3,884 | €6,860 | ▲ 76.6% |
| Other amounts payable47/48 | - | - | €37,993 | €48,993 | €59,993 | €71,064 | ▲ 18.5% |
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,724 | -€13,435 | -€16,742 | -€3,757 | -€14,018 | -€13,805 | ▲ 1.5% |
| + Depreciation and write-downs630 | €0 | - | - | - | €2,263 | €5,295 | ▲ 134% |
| Operating cash flow (approximation) | -€6,724 | -€13,435 | -€16,742 | -€3,757 | -€11,755 | -€8,510 | ▲ 27.6% |
| Investment in fixed assets (approximation) | - | - | €0 | €0 | -€26,474 | €0 | - |
| Change in cash | - | - | €164 | €5,701 | -€6,104 | €738 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 07-01-2026 | 2026-00003243 | |
| 30-06-2024 | micro format | 05-01-2025 | 2025-00000822 | |
| 30-06-2023 | micro format | 13-12-2023 | 2023-00528143 | |
| 30-06-2022 | full format | 23-01-2023 | 2023-00002744 | |
| 30-06-2021 | full format | 17-01-2022 | 2022-01200261 | |
| 30-06-2019 | full format | 31-01-2020 | 2020-03800500 | |
| 30-06-2018 | full format | 31-01-2020 | 2020-03800520 | |
| 30-06-2017 | full format | 22-03-2018 | 2018-07500386 | |
| 30-06-2016 | full format | 13-12-2016 | 2016-70100309 | |
| 30-06-2015 | full format | 10-01-2016 | 2016-01300219 |