Losses
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
The accounts state no turnover.
Of this, €379,609 falls due within a year.
Ten of the last ten came late. The 2019 accounts came latest: 70 days after the end of the period.
New director. Latest change 24-09-2026 · 2 in office.
Lower solvency than 90% of companies in head offices and management consultancy. Sector median 52.4% · 10,857 companies.
In July 2024, 1,104 companies had the same profile as BUHA has now. Each dot stands for 3 companies, two years later.
Another 0.4% 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 1,104 companies, not a prediction for BUHA. 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 | ||||
|---|---|---|---|---|
| BUHA Pelt | €647,680 | €38,603 | 1.8% | - |
| MANAGEMENT C.S.I. Sint-Truiden | €634,887 | €35,249 | 80.0% | - |
| NiMa Geel | €677,409 | €40,987 | 28.8% | - |
| DIR - CONSULT Zottegem | €638,969 | €38,155 | 11.1% | - |
| RW-MANAGEMENT Nieuwpoort | €626,906 | €42,113 | 65.6% | - |
| SOCIETE DE GESTION PAUL HAELTERMAN Ternat | €669,203 | €41,513 | 83.8% | - |
| EURO - INVEST Rijkevorsel | €594,922 | €40,164 | 88.6% | - |
These companies have the same main activity as BUHA: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €595,000 and €677,000, founded between 1992 and 1996.
BUHA files the abbreviated format. That format states no turnover. The gross margin fell from €89,052 in 2006 to €38,603 in 2025.
The balance sheet grew most in 2022 through fixed assets, financed with long-term debt.
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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