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BUGECO

Active
Public limited companyfounded 198739 years activeKernstraat 54, 1000 Brussel, BelgiumKBO/BCE: BE 0430.962.783
Summary

BUGECO has been active since 1987 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4.2m and a net result of €72,120. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 65% of 5,669 sector peers (NACE 68, fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Overview

Activity
Real estate agency activities
NACE 68310
1 site
Size
€7.4mtotal assets 2025
Equity
€4.2m
Profit
€72,120
Financial health
90 Excellent Checked score 2025
Bankruptcy probability, 12 months
0.2%
Structure
Holdings
2
Accounts 1 day early0 of 11 deeds read
Why 90- Liquidity: current ratio 0.23, cash €7,487- 1 of the last 3 late+ Founded in 1987+ Size: total assets €7.4mShow the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 62% of its sector peers (NACE 68, small)
Financial strength · tick = 2024
Strong
Solvency 82=
equity 56.6% of total assets
Liquidity 49-1
short-term debt 11.4% · cash 0.1%
Profitability 70+25
return on assets 1.0%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (6,961 companies)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.2%▼ -0.2 percentage points vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged 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: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026 07-2026: 0.3%▲ +0.1 percentage points vs 06-2026 08-2026: 0.2%▼ -0.1 percentage points vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
Credit up to €370,000 at 30 days acceptable
Liquidity short (current ratio 0.23 against 0.06 in 2024; short-term debt: 11.4% and cash: 0.1% of total assets), and 43.4% of the assets are financed with debt.
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 68, small): better than 73% on solvency, 51% on liquidity, 72% on profitability and 53% on growth.

The bankruptcy probability was computed on 06-10-2026 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 risk+raises risk○neutral
raises risk · Liquidity: current ratio 0.23, cash €7,487
NBB · annual accounts
raises risk · 1 of the last 3 late
NBB · filings
lowers risk · Founded in 1987
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
lowers risk · Size: total assets €7.4m
The company's size counts in the probability; how much depends on the rest of its profile.
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
1 day early
2024
1 day early
2023
49 days late
2022
50 days late
2021
32 days late
2020
31 days late
2019
61 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 32 days after the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% 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. Usually files around 1 September (5 of the last 5 filed years within 33 days of that day).
Companies Code · seven months
Position in the running window
07-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · full…
  2. Annual accounts filedfiscal year 2024 · full…
  3. Annual accounts filedfiscal year 2023 · full…

Key points

  • Positive: 5 profitable years in a rowprofit 2025: €72,120 5 years View
  • Active since 1987founded 13-04-1987 39 years View
  • Total assets 20256 fiscal years filed €7.4m View

By topic

Financials

Fiscal year
2025
Total assets
€7.4m
Profit
€72,120
Solvency
56.6%
Total assets▲ 1.8%
Net result
20182025
Go to Financials

Timeline

Events
12
Since
2017
Next accounts
by 31-07-2027
  1. 19-09-2023Annual accounts filed
  2. 01-09-2022Annual accounts filed
  3. 31-12-2021Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Real estate agency activitiesNACE 68310
Founded
13-04-1987
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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