BUNDL HOLDING
ActiveBUNDL HOLDING has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €320k and a net result of €11k. Equity is growing by ~47.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 9195 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
80
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability73▲+3
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 2.23 against 0.95 in 2024; short-term debt: 2.5% and cash: 2.3% of total assets), and 2.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
97.5%
Return on assets
3.5%
Age of the figures
18 mo
neutral · Filed after the deadline
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 12-12-2025, 42 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 8 filingsDeviation from the deadline
2025
42 d late
2024
9 d early
2023
14 d late
2022
4 d late
2021
16 d late
2020
1 d early
2019
26 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close23-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
€132k
EBIT margin
5.1%
Net result
€11k▲ 262%
2024 · €3k
2019: €-18k
2020: €937
2021: €3k
2022: €27k
2023: €4k
2024: €3k
2019 → 2025
Working capital
€10k
2024 · €-787
2019: €-16k
2020: €21k
2021: €-10k
2022: €-27k
2023: €-21k
2024: €-787
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€132k
Equity€50k-€76k▲ 53.4%€231k▲ 202%€309k▲ 33.9%€320k▲ 3.7%
Operating result€6k-€34k▲ 456%€7k▼ 79.8%€5k▼ 21.5%€15k▲ 175%
Net result€3k-€27k▲ 666%€4k▼ 84.3%€3k▼ 24.4%€11k▲ 262%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 175% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €329k
Fixed assets
€310k▼ 3.6%
Current assets
€19k▲ 37.6%
Equity and liabilities €329k
Equity
€320k▲ 3.7%
Debt
€8k▼ 68.3%
The debt ratio falls from 7.9% to 2.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€27k▲
2024 · €18k
Cash flow
€24k▲
2024 · €16k
Solvency
97.5%▲
2024 · 92.1%
Current ratio
2.23▲
2024 · 0.95
Quick ratio
2.23▲
2024 · 0.95
Debt / equity
0.03▼
2024 · 0.09
ROE
3.6%▲
2024 · 1.0%
ROA
3.5%▲
2024 · 0.9%
Interest coverage
103.48▲
2024 · 14.21
Debt
€8k▼
2024 · €26k
Debt ≤ 1 year
€8k▼
2024 · €14k
Income taxes
€4k▲
2024 · €1k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€335k€329k▼
Fixed assets21/28€322k€310k▼
Tangible fixed assets22/27€56k€45k▼
Other tangible fixed assets26€56k€45k▼
Financial fixed assets28€266k€265k▼
Current assets29/58€14k€19k▲
Amounts receivable within one year40/41€9k€11k▲
Trade receivables40€9k€10k▲
Other amounts receivable41-€900
Cash at bank and in hand54/58€5k€7k▲
Equity and liabilities
Total equity and liabilities10/49€335k€329k▼
Equity10/15€309k€320k▲
Contributions10/11€287k€287k=
Capital10€287k€287k=
Issued capital100€287k€287k=
Reserves13€22k€29k▲
Non-distributable reserves130/1€22k€29k▲
Legal reserve130€22k€29k▲
Profit (loss) carried forward14€196€5k▲
Amounts payable17/49€26k€8k▼
Amounts payable within one year42/48€14k€8k▼
Trade debts44€8k€8k▼
Suppliers440/4€8k€8k▼
Taxes, remuneration and social security45€6k€692▼
Taxes450/3€6k€692▼
Accrued charges and deferred income492/3€12k-
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€12k▼
Other operating charges640/8€578€754▲
Gross operating margin9900€19k€28k▲
Operating profit (loss)9901€5k€15k▲
Financial income75/76B€266€857▲
Recurring financial income75€266€857▲
Financial charges65/66B€1k€261▼
Recurring financial charges65€1k€261▼
Profit (loss) for the period before taxes9903€4k€15k▲
Income taxes67/77€1k€4k▲
Profit (loss) for the period9904€3k€11k▲
Profit (loss) for the period to be appropriated9905€3k€11k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€12k▲
Profit (loss) brought forward from the previous period14P€35€196▲
Transfer to equity691/2€3k€7k▲
To the legal reserve6920€3k€7k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
12-12
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 42 days late
31-03
Financial
Liquidity doublescurrent ratio 2.23
Current ratio from 0.95 to 2.23; short-term debt falls from €14k to €8k.
2024
22-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2023
14-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 14 days late
31-03
Financial
Equity above €200kEq €231k ▲202%
4 profitable years in a row build equity to €231k.
2022
04-11
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 4 days late
31-03
Financial
Highest result since 2019net €27k ▲666%
Operating result €34k, net result €27k, both a record.
2021
16-11
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 16 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
31-03
Financial
Back to profitnet €937
Net result €937 after one loss-making year.
31-03
Financial
Liquidity triplescurrent ratio 1.87
Current ratio from 0.63 to 1.87; short-term debt falls from €43k to €24k.
2019
26-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 26 days late
2018
10-10
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
18-08
State Gazette act
Incorporation · Founding capital
Bank account · First fiscal year
Financial milestoneState Gazette actNBB 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, Antwerpen · 1 establishment unit since 2016
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.
Scheldestraat 112000 AntwerpenGround area
1,920 m²
Building footprint
422 m²
Volume, LiDAR
2,933 m³
Parcel 11804D3488/00S006, Flanders · tallest building 9.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BUNDL HOLDING
since 20162.252.781.052
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11804D3488/00S006 | Flanders | 1,920 m² | 1 · 422 m² | 9.2 m · 3 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.
Structure & network
Ownership & control
1 partyBUNDL HOLDINGBE 0652.881.462
controls
Where this company holds controlthis company sits on their board1
1 location
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Of 12,023 companies in sector 68203 we hold annual accounts for 5,986. 4,414 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded27-04-2016
Fiscal year end31-03
Activities, NACEBEL
68203Renting and operating of own or leased non-residential real estate, excluding land
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.