BULDUK
ActiveThe computed 12-month bankruptcy probability of BULDUK is 2.6% (moderate). The 2024 annual accounts show equity of €176k and a net result of €6k. Equity is growing by ~44% per year across the filed fiscal years. Its solvency ranks better than 63% of 1763 sector peers (fiscal year 2024). The company has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
48
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability54▼-23
Solvency61=
Growth78=
Track record100
Bankruptcy probability, 12 months
2.6%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €8k at 30 days only on tighter terms
Liquidity ample (current ratio 1.65 against 1.2 in 2023; short-term debt: 42.5% and cash: 7.1% of total assets), but 63.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
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
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-01-2026, 179 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
179 d late
2023
57 d late
2022
31 d late
2021
31 d late
2020
46 d late
2019
100 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€295k
EBIT margin
1.6%
Net result
€6k▼ 81.1%
2023 · €31k
2018: €1k
2019: €9k
2020: €33k
2021: €33k
2022: €42k
2023: €31k
2018 → 2024
Working capital
€133k▲ 319%
2023 · €32k
2018: €15k
2019: €-3k
2020: €29k
2021: €34k
2022: €70k
2023: €32k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€64k-€97k▲ 50.9%€139k▲ 44.0%€170k▲ 22.4%€176k▲ 3.4%
Operating result€46k-€47k▲ 2.2%€69k▲ 48.6%€42k▼ 39.8%€16k▼ 62.8%
Net result€33k-€33k▲ 0.1%€42k▲ 30.4%€31k▼ 26.8%€6k▼ 81.1%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 63% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €484k
Fixed assets
€145k▼ 47.7%
Current assets
€339k▲ 75.3%
Equity and liabilities €484k
Equity
€176k▲ 3.4%
Debt
€308k▲ 2.5%
The debt ratio falls from 63.8% to 63.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€61k▼
2023 · €90k
Cash flow
€51k▼
2023 · €79k
Solvency
36.4%▲
2023 · 36.2%
Current ratio
1.65▲
2023 · 1.20
Quick ratio
1.54▲
2023 · 1.10
Debt / equity
1.75▼
2023 · 1.76
ROE
3.3%▼
2023 · 18.3%
ROA
1.2%▼
2023 · 6.6%
Interest coverage
4.02▼
2023 · 13.26
Debt
€308k▲
2023 · €300k
Debt ≤ 1 year
€206k▲
2023 · €162k
Debt > 1 year
€102k▼
2023 · €137k
Income taxes
€3k▼
2023 · €10k
Staff costs
€214k▲
2023 · €117k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€470k€484k▲
Fixed assets21/28€277k€145k▼
Tangible fixed assets22/27€276k€144k▼
Plant, machinery and equipment23€39k€53k▲
Furniture and vehicles24€237k€91k▼
Financial fixed assets28€950€950=
Current assets29/58€193k€339k▲
Amounts receivable after more than one year29€5k-
Other amounts receivable291€5k-
Stocks and contracts in progress3€15k€22k▲
Stocks30/36€15k€22k▲
Amounts receivable within one year40/41€126k€192k▲
Trade receivables40€6k€5k▼
Other amounts receivable41€120k€188k▲
Cash at bank and in hand54/58€46k€34k▼
Deferred charges and accrued income490/1€2k€90k▲
Equity and liabilities
Total equity and liabilities10/49€470k€484k▲
Equity10/15€170k€176k▲
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€150k€155k▲
Amounts payable17/49€300k€308k▲
Amounts payable after more than one year17€137k€102k▼
Financial debts170/4€137k€102k▼
Amounts payable within one year42/48€162k€206k▲
Current portion of amounts payable after more than one year42-€65k
Financial debts43€56k-
Credit institutions430/8€56k-
Trade debts44€51k€124k▲
Suppliers440/4€51k€124k▲
Taxes, remuneration and social security45€55k€17k▼
Taxes450/3€32k€6k▼
Remuneration and social security454/9€23k€10k▼
Accrued charges and deferred income492/3€1k-
Income statement
Code20232024
Remuneration, social security and pensions62€117k€214k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€48k€45k▼
Other operating charges640/8€9k€8k▼
Gross operating margin9900€216k€283k▲
Operating profit (loss)9901€42k€16k▼
Financial income75/76B€6k€8k▲
Recurring financial income75€6k€8k▲
Financial charges65/66B€7k€15k▲
Recurring financial charges65€7k€15k▲
Profit (loss) for the period before taxes9903€41k€9k▼
Income taxes67/77€10k€3k▼
Profit (loss) for the period9904€31k€6k▼
Profit (loss) for the period to be appropriated9905€31k€6k▼
Appropriation of the result
Profit (loss) to be appropriated9906€150k€155k▲
Profit (loss) brought forward from the previous period14P€119k€150k▲
Social balance
Average headcount (FTE)9087-6.1
The notes to these accounts (12 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
26-01
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 179 days late
2024
26-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 57 days late
2023
31-12
Financial
Equity above €150kEq €170k ▲22.4%
6 profitable years in a row build equity to €170k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Highest result since 2018net €42k ▲30.4%
Operating result €69k, net result €42k, both a record.
31-12
Financial
Equity above €100kEq €139k ▲44%
5 profitable years in a row build equity to €139k.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
15-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 46 days late
2020
08-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 100 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 30 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Elsene · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Kroonlaan 5581050 ElseneGround area
131 m²
Building footprint
131 m²
Volume, LiDAR
1,249 m³
Parcel 21445C0278/00W015, Brussels · tallest building 13.9 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
TOP 'S
since 20072.163.377.835
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21445C0278/00W015 | Brussels | 131 m² | 1 · 131 m² | 13.9 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteElsene2.163.377.835
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,784. 6,973 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-06-2007
Fiscal year end31-12
Activities, NACEBEL
55302
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 17 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0486/315109