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BURAC

Active Private limited company (pre-2019)founded 1982active for 44 yearsHoekskenstraat 22, 9070 DestelbergenKBO/BCE: BE 0422.429.357 #5 oldest company in Destelbergen, Professional and technical services sector

Lifetime

12 annual accounts with figures on one time axis, 33 filings since 1982
peak €61,173 (2024)
€61,173▲ 2.3%
lowest -€6,663 (2015)
€28,488▲ 41.5%
peak €116,173 (2024)
€116,173▲ 32.5%
€58,285▼ 40.7%
Documentsfilings and deeds
24-12-2025146 days late
2024micro format
Result from €20,135 to €28,488Equity from €87,684 to €116,173Debts from €98,330 to €58,285

Key points

from the 2024 annual accounts

Equity

€116,173 ▲ 32.5%

BURAC has made a profit without a break since 2016.

Liquidity

2.47 was 1.39 in 2023

Short-term debts fell from €98,330 to €58,285.

Filings

33 annual accounts 104 days past the deadline
AprilJune31 JulyOctober19952010

2025 accounts not filed: deadline was 31-07-2026.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 31,356 companies had the same profile as BURAC has now. Each dot stands for 79 companies, two years later.

93.5%
were still trading
5.9%
stopped another way
0.5%
went bankrupt
  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more

Another 0.1% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,331 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 31,356 companies, not a prediction for BURAC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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Signals

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0422429357
First establishment Hoekskenstraat 22, Destelbergen
All 41 events

Comparable companies

same main activity, similar in size and age
Company
BURAC Destelbergen €174,457 €61,173 66.6% -
Société de gestion comptable Doische €168,569 €67,657 70.5% -
Fiduciaire G.A.F.C.O. Liège €195,923 €53,730 3.7% -
C. & I . Uccle €193,153 €60,679 53.3% -
FIDUSTEIR Lokeren €167,307 €48,014 60.3% -
ADVANCO Oudenaarde €159,652 €76,372 75.5% -
VANEFF Ghent €223,588 €69,947 86.1% -

These companies have the same main activity as BURAC: certified accountants and tax accountants (NACE 69201). They are comparable in size and age: total assets between €160,000 and €224,000, founded between 1977 and 1989.

Official details

Source: KBO
Status
Active since 11-02-1982Normal situation
Activity
Certified accountants and tax accountantsNACE 69201
Establishment unit
2.024.557.2749070 Destelbergen, since 01-02-1984
Financial year end
31 December
Peppol
Reachable since 19-12-2025
Company details

Annual accounts 2024

≈ €130,000estimated
€174,457▼ 6.2%
Filing
Filed on 24-12-2025
Financials

Insights on BURAC

BURAC files the micro format. That format states no turnover. The gross margin rose from €6,547 in 2012 to €61,173 in 2024.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about BURAC

What is the company number of BURAC?
The company number of BURAC is 0422.429.357. The VAT number is the same number with BE in front: BE 0422.429.357.
Where is BURAC based?
The registered office is at Hoekskenstraat 22, 9070 Destelbergen.Company details
What does BURAC do?
According to the KBO register, the main activity is certified accountants and tax accountants (NACE 69201).
What is the legal form of BURAC?
BURAC is a private limited company (pre-2019) (BVBA).
When was BURAC founded?
BURAC was founded on 11-02-1982.
Is BURAC still active?
Yes, BURAC is an active enterprise in the KBO register.
What is the turnover of BURAC?
The turnover in financial year 2024 is ≈ €130,000. This figure is estimated from the gross margin of €61,173 and 56 comparable companies (NACE 69201). It probably lies between €99,000 and €180,000.Financials
Is BURAC profitable?
In financial year 2024, BURAC made a profit of €28,488.
Where can I find the annual accounts of BURAC?
BURAC filed 33 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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