BUKAS
ActiveSummary
BUKAS has been active since 2010 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €486,877 and a net result of €12,554. Equity is growing by ~6.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability33▼-39
Solvency79▲+2
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity short (current ratio 0.78 against 0.74 in 2024; short-term debt: 43.2% and cash: 15.7% of total assets), and 46.2% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
53.8%
Return on assets
1.4%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 12-02-2026, 77 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
77 d early
2024
37 d early
2023
50 d early
2022
130 d early
2021
134 d early
2020
135 d early
2019
132 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 99 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 12 February (4 of the last 5 filed years within 53 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close30-09-2026 today30-04-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Equity
€486,877▲ 2.6%
2024 · €474,323
Total assets
€905,568▼ 1.1%
2024 · €915,387
Net result
€12,554▼ 84.1%
2024 · €78,833
Working capital
-€85,213▲ 25.4%
2024 · -€114,249
Trend over the years
In euros
In euros
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€29,049▼ 69.6%€31,938▲ 9.9%€38,770▲ 21.4%€52,356▲ 35.0%€41,599▼ 20.5%
Net result€15,465▼ 73.9%€38,435▲ 149%€61,543▲ 60.1%€78,833▲ 28.1%€12,554▼ 84.1%
Equity€392,463▼ 2.9%€402,044▲ 2.4%€395,490▼ 1.6%€474,323▲ 19.9%€486,877▲ 2.6%
Total assets€768,512▲ 3.8%€788,953▲ 2.7%€828,833▲ 5.1%€915,387▲ 10.4%€905,568▼ 1.1%
Debt€376,048▲ 11.9%€386,908▲ 2.9%€433,343▲ 12.0%€441,064▲ 1.8%€418,692▼ 5.1%
Working capital-€172,836▼ 8.9%-€183,432▼ 6.1%-€183,321▲ 0.1%-€114,249▲ 37.7%-€85,213▲ 25.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 21% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €905,568
Fixed assets
€599,817 ▲ 0.3%
Current assets
€305,751 ▼ 3.7%
Equity and liabilities €905,568
Equity
€486,877 ▲ 2.6%
Debt
€418,692 ▼ 5.1%
Debt's share of the balance-sheet total falls from 48.2% to 46.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€41,695▼
2024 · €52,686
Cash flow
€12,650▼
2024 · €79,163
Current ratio
0.78▲
2024 · 0.74
Debt to equity
0.86▼
2024 · 0.93
ROE
2.6%▼
2024 · 16.6%
ROA
1.4%▼
2024 · 8.6%
Interest coverage
1.47▼
2024 · 5.15
Debt ≤ 1 year
€390,964▼
2024 · €431,722
Income taxes
€4,708▼
2024 · €16,847
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €3,126 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €854 | €1,039 | €1,039 | €330 | €96 | ▼ 70.9% |
| Other operating charges640/8 | - | €175 | €532 | €588 | €595 | ▲ 1.3% |
| Gross operating margin9900 | €30,424 | €33,152 | €40,341 | €53,274 | €42,290 | ▼ 20.6% |
| Operating profit (loss)9901 | €29,049 | €31,938 | €38,770 | €52,356 | €41,599 | ▼ 20.5% |
| Financial income75/76B | - | €29,564 | €53,707 | €53,555 | €3,990 | ▼ 92.6% |
| Recurring financial income75 | €3,629 | €29,564 | €53,707 | €53,555 | €3,990 | ▼ 92.6% |
| Financial charges65/66B | - | €14,827 | €20,152 | €10,231 | €28,328 | ▲ 177% |
| Recurring financial charges65 | €11,244 | €14,827 | €20,152 | €10,231 | €28,328 | ▲ 177% |
| Profit (loss) for the period before taxes9903 | €21,434 | €46,674 | €72,325 | €95,680 | €17,261 | ▼ 82.0% |
| Income taxes67/77 | €5,968 | €8,239 | €10,782 | €16,847 | €4,708 | ▼ 72.1% |
| Profit (loss) for the period9904 | €15,465 | €38,435 | €61,543 | €78,833 | €12,554 | ▼ 84.1% |
| Profit (loss) for the period to be appropriated9905 | €15,465 | €38,435 | €61,543 | €78,833 | €12,554 | ▼ 84.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €768,512 | €788,953 | €828,833 | €915,387 | €905,568 | ▼ 1.1% |
| Fixed assets21/28 | €600,321 | €599,282 | €598,243 | €597,913 | €599,817 | ▲ 0.3% |
| Tangible fixed assets22/27 | €2,504 | €1,465 | €426 | €96 | €0 | ▼ 100% |
| Plant, machinery and equipment23 | - | €1,078 | €185 | €0 | €0 | - |
| Furniture and vehicles24 | - | €387 | €241 | €96 | €0 | ▼ 100% |
| Financial fixed assets28 | €597,817 | €597,817 | €597,817 | €597,817 | €599,817 | ▲ 0.3% |
| Current assets29/58 | €168,190 | €189,670 | €230,590 | €317,473 | €305,751 | ▼ 3.7% |
| Amounts receivable within one year40/41 | €118,092 | €109,178 | €120,615 | €131,860 | €161,831 | ▲ 22.7% |
| Trade receivables40 | - | €10,857 | €22,818 | €29,343 | €10,494 | ▼ 64.2% |
| Other amounts receivable41 | - | €98,321 | €97,797 | €102,516 | €151,337 | ▲ 47.6% |
| Cash at bank and in hand54/58 | €49,014 | €76,307 | €107,522 | €184,101 | €142,478 | ▼ 22.6% |
| Deferred charges and accrued income490/1 | - | €4,185 | €2,453 | €1,513 | €1,443 | ▼ 4.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €768,512 | €788,953 | €828,833 | €915,387 | €905,568 | ▼ 1.1% |
| Equity10/15 | €392,463 | €402,044 | €395,490 | €474,323 | €486,877 | ▲ 2.6% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €373,863 | €383,444 | €376,890 | €455,723 | €468,277 | ▲ 2.8% |
| Non-distributable reserves130/1 | - | €1,860 | - | - | - | - |
| Reserves not available under the articles1311 | - | €1,860 | - | - | - | - |
| Distributable reserves133 | - | €381,584 | €376,890 | €455,723 | €468,277 | ▲ 2.8% |
| Amounts payable17/49 | €376,048 | €386,908 | €433,343 | €441,064 | €418,692 | ▼ 5.1% |
| Amounts payable after more than one year17 | €25,054 | - | - | - | - | - |
| Amounts payable within one year42/48 | €341,026 | €373,102 | €413,911 | €431,722 | €390,964 | ▼ 9.4% |
| Trade debts44 | €149 | €1,008 | €248 | €972 | €1,085 | ▲ 11.6% |
| Suppliers440/4 | - | €1,008 | €248 | €972 | €1,085 | ▲ 11.6% |
| Taxes, remuneration and social security45 | - | €8,685 | €11,380 | €14,836 | €6,515 | ▼ 56.1% |
| Taxes450/3 | - | €8,685 | €11,380 | €14,836 | €6,515 | ▼ 56.1% |
| Other amounts payable47/48 | - | €363,410 | €402,283 | €415,914 | €383,363 | ▼ 7.8% |
| Accrued charges and deferred income492/3 | - | €13,806 | €19,432 | €9,341 | €27,728 | ▲ 197% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,465 | €38,435 | €61,543 | €78,833 | €12,554 | ▼ 84.1% |
| + Depreciation and write-downs630 | €854 | €1,039 | €1,039 | €330 | €96 | ▼ 70.9% |
| Operating cash flow (approximation) | €16,320 | €39,474 | €62,582 | €79,163 | €12,650 | ▼ 84.0% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€2,000 | - |
| Change in cash | - | €27,293 | €31,215 | €76,579 | -€41,624 | ▼ 154% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-02
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Weakest financial yearnet €12,554 ▼84.1%
Net result drops to €12,554, the lowest in the series.
24-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-09
Financial
Highest result since 2018net €78,833 ▲28.1%
Net result €78,833, the highest in the series.
11-03
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2022
21-12
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2021
17-12
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2020
16-12
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2019
20-12
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2018
14-12
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
14-12
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2016
13-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2010
Ground area
174 m²
Building footprint
116 m²
Volume, LiDAR
1,067 m³
Parcel 11810K1625/00W002, Flanders · tallest building 17.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BUKAS
since 20102.193.450.211
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K1625/00W002 | Flanders | 173 m² | 1 · 116 m² | 17.3 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
3 holdingsOwners 0
The accounts to 30-09-2025 list no shareholders, and no other source names one.
Holdings 3
- SPRENGERS REKLAME - ADVIESBUREAUsubsidiarySourceown accounts 30-09-2025Equity €217,734Result -€19,827100%
-
56%
- Sourceown accounts 30-09-202533.33%
According to the annual accounts to 30-09-2025 of BUKAS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Identification & contact
Identification
Legal formPrivate limited company
Founded17-09-2010
Fiscal year end30-09
E-invoicing
Reachable via Peppol
Peppol ID
0208:0829362272
Also
9925:BE0829362272
Registered
27-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.