From the official registers: KBO 1 annual account at the National Bank publications in the Belgian Official Gazette
Summary
BUMA ENGINEERING has been active since 2021 and the Belgian Official Gazette contains no insolvency or warning signals. The 2023 annual accounts show equity of €93,893 and a net result of €74,174. Its solvency ranks better than 83% of 497 sector peers (NACE 28, financial year 2023). The computed 12-month bankruptcy probability is 0.7% (low).
Overview
Official details
KBO- Status
- Active since 15-07-2021 Normal situation
- Legal form
- General partnership
- Registered office
- Berkenstraat 4, 8870 Izegem
- Activity
- Manufacture of machinery and equipment not elsewhere classified NACE 28250and 4 others
- Establishment unit
- 2.360.093.142 8870 Izegem, since 15-07-2021
- Financial year end
- 30 September
- Peppol
- Reachable since 30-01-2025
Who decides
Board
- LORATECManager · since 15-07-2021 · permanent representative Willem MAERTENS
- Totaal in MetaalDirector · since 15-07-2021
How it is doing
- Bankruptcy probabilitywithin 12 months
- 0.7%
2023 figures too old to score
Annual accounts to 30-09-2023
- Gross margin
- €93,563
- Turnover
- ≈ €280,000
- estimated
- Profit
- €74,174
- Equity
- €93,893
- Total assets
- €115,090
2023 accounts 1 day early
Filed on 29-04-2024PDF
Signalsraises riskFigures for financial year 2023 (filed 01-05-2024)lowers riskLiquidity: current ratio 5.51, cash €56,807Equity €93,893 (81.6% of total assets)Legal form: general partnershipneutralLatest accounts filed on timeShow the evidence
Bankruptcy probability
No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Financial strength, FY 2023
Strong
Solvency
100
equity 81.6% of total assets
Liquidity
95
short-term debt 18.2% · cash 49.4%
Profitability
100
return on assets 64.4%
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
About 7 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.1%
12-2024: 0.1%● unchanged vs 11-2024
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025lowest value
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.2%▲ +0.1 percentage points vs 05-2025
07-2025: 0.3%▲ +0.1 percentage points vs 06-2025
08-2025: 0.4%▲ +0.1 percentage points vs 07-2025
09-2025: 0.5%▲ +0.1 percentage points vs 08-2025
10-2025: 0.8%▲ +0.3 percentage points vs 09-2025
11-2025: 0.8%● unchanged vs 10-2025
12-2025: 0.9%▲ +0.1 percentage points vs 11-2025highest value
01-2026: 0.8%▼ -0.1 percentage points vs 12-2025
02-2026: 0.8%● unchanged vs 01-2026
03-2026: 0.8%● unchanged vs 02-2026
04-2026: 0.8%● unchanged vs 03-2026
05-2026: 0.8%● unchanged vs 04-2026
06-2026: 0.8%● unchanged vs 05-2026
07-2026: 0.8%● unchanged vs 06-2026
08-2026: 0.8%● unchanged vs 07-2026
09-2026: 0.7%▼ -0.1 percentage points vs 08-2026
10-2026: 0.7%● unchanged vs 09-2026
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Signals
Five signals.
lowers riskraises riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2023 was due by 30-04-2024 and was filed on 29-04-2024, 1 day ahead of the deadline.
NBB · 1 filingDeviation from the deadline
2023
1 day early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2023 accounts 1 day before the deadline; the sector median (NACE 28) for financial year 2023 is 8 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (1)
Financials · financial year 2023, micro format
Latest annual accounts filed
Annual accounts 2023
- Financial year ended
- 30-09-2023
- Filed on
- 29-04-2024
- Format
- micro format
- Reference
- 2024-00077607
Turnover
≈ €280,000
Estimated: probably between €190,000 and €490,000
Total assets
€115,090
Net result
€74,174
Working capital
€94,193
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
Equity and liabilities €115,090
Equity
€93,893
Debt
€21,197
Debt finances 18.4% of the balance-sheet total.
Key figures and ratios
Current ratio
5.51
Quick ratio
5.15
Debt to equity
0.23
ROE
79.0%
ROA
64.4%
Debt ≤ 1 year
€20,897
Income taxes
€18,615
Annual accounts
| Line | 2023 |
|---|---|
| Other operating charges640/8 | €460 |
| Gross operating margin9900 | €93,563 |
| Operating profit (loss)9901 | €93,104 |
| Financial income75/76B | €26 |
| Recurring financial income75 | €26 |
| Financial charges65/66B | €340 |
| Recurring financial charges65 | €340 |
| Profit (loss) for the period before taxes9903 | €92,789 |
| Income taxes67/77 | €18,615 |
| Profit (loss) for the period9904 | €74,174 |
| Profit (loss) for the period to be appropriated9905 | €74,174 |
| Line | 2023 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €115,090 | |
| Current assets29/58 | €115,090 | |
| Stocks and contracts in progress3 | €7,500 | |
| Stocks30/36 | €7,500 | |
| Contracts in progress37 | €0 | |
| Amounts receivable within one year40/41 | €50,783 | |
| Trade receivables40 | €48,971 | |
| Other amounts receivable41 | €1,812 | |
| Cash at bank and in hand54/58 | €56,807 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €115,090 | |
| Equity10/15 | €93,893 | |
| Contributions10/11 | €8,000 | |
| Reserves13 | €85,893 | |
| Distributable reserves133 | €85,893 | |
| Amounts payable17/49 | €21,197 | |
| Amounts payable within one year42/48 | €20,897 | |
| Trade debts44 | €2,274 | |
| Suppliers440/4 | €2,274 | |
| Taxes, remuneration and social security45 | €18,615 | |
| Taxes450/3 | €18,615 | |
| Other amounts payable47/48 | €8 | |
| Accrued charges and deferred income492/3 | €300 | |
| Line | 2023 |
|---|---|
| Profit (loss) for the period9904 | €74,174 |
| Operating cash flow (approximation) | €74,174 |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2023 | micro format | 29-04-2024 | 2024-00077607 |
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Of the 455 active companies whose main activity is manufacture of machinery and equipment not elsewhere classified (NACE 28250), figures are known for 291. 206 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
2 directors, last change in 2024
Board 2
LORATEC
Current
Manager · since 15-07-2021 · Legal entity · permanent representative: Willem MAERTENS · in the 2023 annual accounts, filed on 29-04-2024
Totaal in Metaal
Current
Permanent representatives 1
Willem MAERTENS
Current
Permanent representative · appointed in the act of 08-10-2024 · for LORATEC
Mandate history
3 people, 2 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Totaal in Metaal |
|
| LORATEC |
|
| Willem MAERTENS |
|
How the board is organised
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Overeenkomstig artikel 2:55 van het Wetboek van vennootschappen en verenigingen zal de heer Willem MAERTENS, geboren te Izegem op 11…”
Articles of association, deed of 08-10-2024
Owners and capital
Owners
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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History
Acts, filings and financial milestones
2024
08-10
Gazette deed
Resignation: Willem MAERTENS (manager)Appointment: LORATEC (manager) · Permanent representative: Willem MAERTENS6 facts ▸
Gazette deed
Resignation: Willem MAERTENS (manager)
Appointment: LORATEC (manager) · Permanent representative: Willem MAERTENS6 facts ▸
- General meeting, 13-09-2024
- Director resignation, Willem MAERTENS (manager)
- Director appointment, LORATEC (manager)
- Other provision, “verbodsbepaling bestuursmandaat” (deed in Dutch)
- Permanent representative, Willem MAERTENS
- Other provision, “eenparigheid van stemmen, bijkomende punten” (deed in Dutch)
29-04
financial year 2023 · micro format
Gazette deedNBB filing
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordName
BUMA ENGINEERING in Dutch
Enterprise number
0771.438.327
Legal form
General partnership
Status
Active, normale toestand
Founded
15-07-2021
Type
Legal entity
Where it is based
Registered office
Berkenstraat 4, 8870 Izegem, Belgium
Establishments
1 establishment unit since 2021
What it does
NACEBEL 202528250
Manufacture of machinery and equipment not elsewhere classified main activity
25530
Machining of metals
33200
Installation of industrial machinery and equipment
46841
Wholesale trade
47521
Retail sale of hardware, building materials, paint and glass (general range)
Invoicing and payment
VAT number
BE 0771.438.327
Financial year and general meeting
Accounts at the NBBFinancial year end
30-09
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders.
Sites & property
Registered office and establishments
1 establishment unit
BUMA ENGINEERING
since 2021unit no. 2.360.093.142
Buildings and parcels at the address
Ground area
868 m²
Building footprint
114 m²
Building volume
655 m³
Parcel 36494D0445/00T000, Flanders · tallest building 8.9 m.
1 parcel
Flanders
1
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 36494D0445/00T000 | Flanders | 868 m² | 1 · 114 m² | 8.9 m · 2 |