BUNA ELECTRONICS
ActiveSummary
BUNA ELECTRONICS has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €209,804 and a net result of €4,278. Equity remains stable across the filed fiscal years (±1.5% per year). Its solvency ranks better than 77% of 200 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability71▲+1
Solvency100▲+3
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
Liquidity ample (current ratio 5.91 against 4.42 in 2024; short-term debt: 8.3% and cash: 13% of total assets), and 22.2% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 26
Relative position
BE, all sectors
reference
Manufacture of computer, electronic and optical products (NACE 26)
about 73% fewer bankruptcies
← 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
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
77.8%
Return on assets
1.6%
Age of the figures
9 mo
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 22-07-2026, 9 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
9 d early
2024
32 d late
2023
16 d late
2022
30 d late
2021
116 d late
2020
31 d late
2019
66 d 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 40 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 34% 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.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€209,804▲ 2.1%
2024 · €205,527
Total assets
€269,623▼ 5.2%
2024 · €284,353
Net result
€4,278▲ 52.9%
2024 · €2,798
Working capital
€109,571▲ 2.2%
2024 · €107,190
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€65,967▲ 112%€28,955▼ 56.1%-€49,139€5,970€5,690▼ 4.7%
Net result€44,599▲ 121%€16,676▼ 62.6%-€52,291€2,798€4,278▲ 52.9%
Equity€291,387▲ 18.1%€255,020▼ 12.5%€202,729▼ 20.5%€205,527▲ 1.4%€209,804▲ 2.1%
Total assets€419,561▲ 2.2%€388,925▼ 7.3%€305,156▼ 21.5%€284,353▼ 6.8%€269,623▼ 5.2%
Debt€128,175▼ 21.7%€133,905▲ 4.5%€102,427▼ 23.5%€78,826▼ 23.0%€59,819▼ 24.1%
Working capital€185,198▲ 25.6%€148,147▼ 20.0%€97,204▼ 34.4%€107,190▲ 10.3%€109,571▲ 2.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 5% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €269,623
Fixed assets
€137,735 ▼ 5.6%
Current assets
€131,888 ▼ 4.8%
Equity and liabilities €269,623
Equity
€209,804 ▲ 2.1%
Debt
€59,819 ▼ 24.1%
Debt's share of the balance-sheet total falls from 27.7% to 22.2%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€22,659▼
2024 · €23,158
Cash flow
€21,247▲
2024 · €19,986
Current ratio
5.91▲
2024 · 4.42
Debt to equity
0.29▼
2024 · 0.38
ROE
2.0%▲
2024 · 1.4%
ROA
1.6%▲
2024 · 1.0%
Interest coverage
11.65▲
2024 · 7.30
Debt ≤ 1 year
€22,317▼
2024 · €31,324
Debt > 1 year
€37,502▼
2024 · €47,502
Income taxes
€106▼
2024 · €282
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 16,986 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
0.5%
went bankrupt
4.9%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 16,986 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €0 | - | €600 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €19,950 | €21,163 | €21,793 | €17,189 | €16,969 | ▼ 1.3% |
| Other operating charges640/8 | €1,947 | €1,820 | €1,774 | €2,634 | €2,054 | ▼ 22.0% |
| Non-recurring operating charges66A | - | - | €3,248 | €0 | - | - |
| Gross operating margin9900 | €87,863 | €51,937 | -€22,324 | €25,792 | €24,713 | ▼ 4.2% |
| Operating profit (loss)9901 | €65,967 | €28,955 | -€49,139 | €5,970 | €5,690 | ▼ 4.7% |
| Financial income75/76B | €7 | €0 | €18 | €284 | €638 | ▲ 125% |
| Recurring financial income75 | €7 | €0 | €18 | €284 | €638 | ▲ 125% |
| Financial charges65/66B | €3,240 | €2,933 | €3,031 | €3,173 | €1,945 | ▼ 38.7% |
| Recurring financial charges65 | €3,240 | €2,933 | €3,031 | €3,173 | €1,945 | ▼ 38.7% |
| Profit (loss) for the period before taxes9903 | €62,734 | €26,022 | -€52,152 | €3,080 | €4,383 | ▲ 42.3% |
| Income taxes67/77 | €18,136 | €9,346 | €139 | €282 | €106 | ▼ 62.5% |
| Profit (loss) for the period9904 | €44,599 | €16,676 | -€52,291 | €2,798 | €4,278 | ▲ 52.9% |
| Transfer from tax-exempt reserves789 | €29,932 | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €74,531 | €16,676 | -€52,291 | €2,798 | €4,278 | ▲ 52.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €419,561 | €388,925 | €305,156 | €284,353 | €269,623 | ▼ 5.2% |
| Fixed assets21/28 | €183,690 | €174,375 | €163,026 | €145,838 | €137,735 | ▼ 5.6% |
| Intangible fixed assets21 | €0 | - | - | - | - | - |
| Tangible fixed assets22/27 | €183,690 | €174,375 | €163,026 | €145,838 | €137,735 | ▼ 5.6% |
| Land and buildings22 | €160,868 | €148,864 | €150,071 | €137,382 | €124,694 | ▼ 9.2% |
| Plant, machinery and equipment23 | €215 | €7,878 | €3,918 | €3,206 | €2,495 | ▼ 22.2% |
| Furniture and vehicles24 | €22,607 | €17,633 | €9,037 | €5,249 | €10,547 | ▲ 101% |
| Current assets29/58 | €235,872 | €214,550 | €142,130 | €138,515 | €131,888 | ▼ 4.8% |
| Amounts receivable within one year40/41 | €69,383 | €100,026 | €30,501 | €31,213 | €41,985 | ▲ 34.5% |
| Trade receivables40 | €61,634 | €89,827 | €19,815 | €20,724 | €28,401 | ▲ 37.0% |
| Other amounts receivable41 | €7,749 | €10,198 | €10,686 | €10,489 | €13,584 | ▲ 29.5% |
| Current investments50/53 | €52,800 | €36,989 | €46,389 | €48,789 | €51,188 | ▲ 4.9% |
| Cash at bank and in hand54/58 | €108,964 | €72,014 | €59,829 | €53,459 | €34,995 | ▼ 34.5% |
| Deferred charges and accrued income490/1 | €4,725 | €5,522 | €5,411 | €5,054 | €3,720 | ▼ 26.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €419,561 | €388,925 | €305,156 | €284,353 | €269,623 | ▼ 5.2% |
| Equity10/15 | €291,387 | €255,020 | €202,729 | €205,527 | €209,804 | ▲ 2.1% |
| Contributions10/11 | €6,450 | €6,450 | €6,450 | €6,450 | €6,450 | = |
| Reserves13 | €230,297 | €193,931 | €193,931 | €193,931 | €193,931 | = |
| Non-distributable reserves130/1 | €1,860 | €0 | - | - | - | - |
| Reserves not available under the articles1311 | €1,860 | €0 | - | - | - | - |
| Tax-exempt reserves132 | €0 | - | - | - | - | - |
| Distributable reserves133 | €228,437 | €193,931 | €193,931 | €193,931 | €193,931 | = |
| Profit (loss) carried forward14 | €54,640 | €54,640 | €2,348 | €5,146 | €9,424 | ▲ 83.1% |
| Amounts payable17/49 | €128,175 | €133,905 | €102,427 | €78,826 | €59,819 | ▼ 24.1% |
| Amounts payable after more than one year17 | €77,501 | €67,501 | €57,501 | €47,502 | €37,502 | ▼ 21.1% |
| Financial debts170/4 | €77,501 | €67,501 | €57,501 | €47,502 | €37,502 | ▼ 21.1% |
| Amounts payable within one year42/48 | €50,673 | €66,404 | €44,926 | €31,324 | €22,317 | ▼ 28.8% |
| Current portion of amounts payable after more than one year42 | €10,000 | €10,000 | €10,000 | €10,000 | €10,000 | = |
| Trade debts44 | €21,514 | €29,613 | €20,794 | €10,857 | €8,755 | ▼ 19.4% |
| Suppliers440/4 | €21,514 | €29,613 | €20,794 | €10,857 | €8,755 | ▼ 19.4% |
| Taxes, remuneration and social security45 | €16,179 | €19,825 | €6,249 | €4,465 | €3,562 | ▼ 20.2% |
| Taxes450/3 | €16,179 | €19,825 | €6,249 | €4,465 | €3,562 | ▼ 20.2% |
| Other amounts payable47/48 | €2,981 | €6,965 | €7,882 | €6,003 | €0 | ▼ 100% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €44,599 | €16,676 | -€52,291 | €2,798 | €4,278 | ▲ 52.9% |
| + Depreciation and write-downs630 | €19,950 | €21,163 | €21,793 | €17,189 | €16,969 | ▼ 1.3% |
| Operating cash flow (approximation) | €64,548 | €37,838 | -€30,498 | €19,986 | €21,247 | ▲ 6.3% |
| Investment in fixed assets (approximation) | - | -€11,848 | -€10,445 | €0 | -€8,867 | - |
| Change in cash | - | -€36,950 | -€12,185 | -€6,370 | -€18,464 | ▼ 190% |
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
22-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
01-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 32 days late
2024
31-12
Financial
Back to profitnet €2,798
Net result €2,798 after one loss-making year.
16-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 16 days late
2023
31-12
Financial
Weakest financial yearnet -€52,291
Net result drops to -€52,291, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
24-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 116 days late
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 66 days late
2019
31-12
Financial
Highest result since 2018net €52,216 ▲224%
Operating result €79,742, net result €52,216, both a record.
31-12
Financial
Equity above €200,000Eq €226,590 ▲29.9%
2 profitable years in a row build equity to €226,590.
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 20 days late
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Ranst · 1 establishment unit since 2003
Ground area
6,876 m²
Building footprint
2,990 m²
Volume, LiDAR
856 m³
2 parcels, Flanders · tallest building 7.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BUNA ELECTRONICS
since 20032.134.128.375
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11010B0411/00G000 | Flanders | 5,741 m² | 1 · 2,818 m² | 0.1 m |
| 11046B0015/02D000 | Flanders | 1,134 m² | 1 · 173 m² | 7.2 m · 1 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2023 · 1 entry · 560 EUR awarded · 560 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2023 | 1 | 560 EUR | 560 EUR |
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Of 146 companies in sector 26200 we hold annual accounts for 84. 59 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded03-11-2003
Fiscal year end31-12
Activities, NACEBEL 2025
26200Manufacture of computer, electronic and optical products
62900Other information technology and computer services
96230Day spas, saunas and steam baths
E-invoicing
Reachable via Peppol
Peppol ID
0208:0861440964
Registered
27-03-2026
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.