BURAK
ActiveSummary
BURAK has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €11k and a net result of €7k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 39% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability66▲+2
Solvency45▲+9
Growth78▲+20
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity tight (current ratio 1.26 against 1.12 in 2023; short-term debt: 79.3% and cash: 49.6% of total assets), and 79.6% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
20.4%
Return on assets
11.6%
Age of the figures
21 mo
lowers risk · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €11k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 26-09-2025, 57 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
57 d late
2023
33 d early
2022
25 d late
2021
36 d late
2020
30 d late
2019
13 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€11k▲ 132%
2023 · €5k
2018: €7k
2019: €7k▲ +5.6% vs 2018
2020: €2k▼ -75.8% vs 2019
2021: €-2k▼ -229% vs 2020lowest in 7 years
2022: €75▲ +103% vs 2021
2023: €5k▲ +6469% vs 2022
2024: €11k▲ +132% vs 2023highest in 7 years
2018 → 2024
Total assets
€56k▲ 21.5%
2023 · €46k
2018: €43k
2019: €43k▲ +1.5% vs 2018
2020: €48k▲ +10.7% vs 2019
2021: €43k▼ -11.5% vs 2020lowest in 7 years
2022: €43k▲ +1.7% vs 2021
2023: €46k▲ +6.9% vs 2022
2024: €56k▲ +21.5% vs 2023highest in 7 years
2018 → 2024
Net result
€7k▲ 34.4%
2023 · €5k
2018: €-4k
2019: €391▲ +111% vs 2018
2020: €-6k▼ -1522% vs 2019lowest in 7 years
2021: €-4k▲ +26.8% vs 2020
2022: €2k▲ +158% vs 2021
2023: €5k▲ +105% vs 2022
2024: €7k▲ +34.4% vs 2023highest in 7 years
2018 → 2024
Working capital
€12k▲ 136%
2023 · €5k
2018: €7k
2019: €7k▲ +5.6% vs 2018
2020: €2k▼ -75.2% vs 2019
2021: €-2k▼ -226% vs 2020lowest in 7 years
2022: €75▲ +103% vs 2021
2023: €5k▲ +6469% vs 2022
2024: €12k▲ +136% vs 2023highest in 7 years
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2k-€-2k€75€5k▲ 6,469%€11k▲ 132%
2020: €2k
2021: €-2k▼ -229% vs 2020lowest in 5 years
2022: €75▲ +103% vs 2021
2023: €5k▲ +6469% vs 2022
2024: €11k▲ +132% vs 2023highest in 5 years
Operating result€-5k-€-4k▲ 23.7%€2k€4k▲ 104%€6k▲ 43.8%
2020: €-5klowest in 5 years
2021: €-4k▲ +23.7% vs 2020
2022: €2k▲ +151% vs 2021
2023: €4k▲ +104% vs 2022
2024: €6k▲ +43.8% vs 2023highest in 5 years
Net result€-6k-€-4k▲ 26.8%€2k€5k▲ 105%€7k▲ 34.4%
2020: €-6klowest in 5 years
2021: €-4k▲ +26.8% vs 2020
2022: €2k▲ +158% vs 2021
2023: €5k▲ +105% vs 2022
2024: €7k▲ +34.4% vs 2023highest in 5 years
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has risen four years in a row; 2024 is 44% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €56k
Equity
€11k ▲ 132%
Debt
€45k ▲ 8.3%
Debt's share of the balance-sheet total falls from 89.4% to 79.6%. Equity and debt are higher.
Key figures and ratios
Current ratio
1.26▲
2023 · 1.12
Quick ratio
0.69▲
2023 · 0.47
Debt to equity
3.91▼
2023 · 8.39
ROE
57.0%▼
2023 · 98.5%
ROA
11.6%▲
2023 · 10.5%
Debt ≤ 1 year
€45k▲
2023 · €41k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 35 lines
Balance sheet
Code20232024
Assets
Total assets20/58€46k€56k▲
Current assets29/58€46k€56k▲
Stocks and contracts in progress3€27k€25k▼
Stocks30/36€27k€25k▼
Amounts receivable within one year40/41€3k€2k▼
Trade receivables40€3k€2k▼
Other amounts receivable41-€157
Cash at bank and in hand54/58€16k€28k▲
Deferred charges and accrued income490/1€348€464▲
Equity and liabilities
Total equity and liabilities10/49€46k€56k▲
Equity10/15€5k€11k▲
Contributions10/11€19k€19k=
Reserves13€1k€1k=
Distributable reserves133€1k€1k=
Profit (loss) carried forward14€-15k€-8k▲
Amounts payable17/49€41k€45k▲
Amounts payable within one year42/48€41k€45k▲
Trade debts44€3k€3k▲
Suppliers440/4€3k€3k▲
Taxes, remuneration and social security45€3k€6k▲
Taxes450/3€3k€6k▲
Other amounts payable47/48€35k€36k▲
Accrued charges and deferred income492/3-€169
Income statement
Code20232024
Other operating charges640/8€109€118▲
Gross operating margin9900€4k€6k▲
Operating profit (loss)9901€4k€6k▲
Financial income75/76B€520€457▼
Recurring financial income75€520€457▼
Financial charges65/66B-€167
Recurring financial charges65-€167
Profit (loss) for the period before taxes9903€5k€7k▲
Profit (loss) for the period9904€5k€7k▲
Profit (loss) for the period to be appropriated9905€5k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-15k€-8k▲
Profit (loss) brought forward from the previous period14P€-20k€-15k▲
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €19k | €11k | - | - | - |
| Other operating charges640/8 | - | €326 | €102 | €109 | €118 | ▲ 8.3% |
| Gross operating margin9900 | €15k | €15k | €13k | €4k | €6k | ▲ 42.9% |
| Operating profit (loss)9901 | €-5k | €-4k | €2k | €4k | €6k | ▲ 43.8% |
| Financial income75/76B | - | €94 | €242 | €520 | €457 | ▼ 12.1% |
| Recurring financial income75 | €84 | €94 | €242 | €520 | €457 | ▼ 12.1% |
| Financial charges65/66B | - | - | - | - | €167 | - |
| Recurring financial charges65 | €192 | - | - | - | €167 | - |
| Profit (loss) for the period before taxes9903 | €-6k | €-4k | €2k | €5k | €7k | ▲ 34.4% |
| Profit (loss) for the period9904 | €-6k | €-4k | €2k | €5k | €7k | ▲ 34.4% |
| Profit (loss) for the period to be appropriated9905 | €-6k | €-4k | €2k | €5k | €7k | ▲ 34.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €48k | €43k | €43k | €46k | €56k | ▲ 21.5% |
| Current assets29/58 | €48k | €43k | €43k | €46k | €56k | ▲ 21.5% |
| Stocks and contracts in progress3 | €35k | €29k | €27k | €27k | €25k | ▼ 5.8% |
| Stocks30/36 | - | €29k | €27k | €27k | €25k | ▼ 5.8% |
| Amounts receivable within one year40/41 | €271 | €195 | €5k | €3k | €2k | ▼ 2.0% |
| Trade receivables40 | - | €195 | €5k | €3k | €2k | ▼ 8.2% |
| Other amounts receivable41 | - | - | - | - | €157 | - |
| Cash at bank and in hand54/58 | €12k | €11k | €11k | €16k | €28k | ▲ 69.9% |
| Deferred charges and accrued income490/1 | - | €2k | - | €348 | €464 | ▲ 33.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €48k | €43k | €43k | €46k | €56k | ▲ 21.5% |
| Equity10/15 | €2k | €-2k | €75 | €5k | €11k | ▲ 132% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Reserves13 | €1k | €1k | €1k | €1k | €1k | = |
| Non-distributable reserves130/1 | - | €1k | €1k | - | - | - |
| Reserves not available under the articles1311 | - | €1k | €1k | - | - | - |
| Distributable reserves133 | - | - | - | €1k | €1k | = |
| Profit (loss) carried forward14 | €-18k | €-22k | €-20k | €-15k | €-8k | ▲ 44.3% |
| Amounts payable17/49 | €46k | €45k | €43k | €41k | €45k | ▲ 8.3% |
| Amounts payable within one year42/48 | €46k | €45k | €43k | €41k | €45k | ▲ 7.9% |
| Trade debts44 | €4k | €2k | €9k | €3k | €3k | ▲ 3.1% |
| Suppliers440/4 | - | €2k | €9k | €3k | €3k | ▲ 3.1% |
| Taxes, remuneration and social security45 | - | €7k | €3k | €3k | €6k | ▲ 104% |
| Taxes450/3 | - | €4k | €3k | €3k | €6k | ▲ 104% |
| Remuneration and social security454/9 | - | €3k | - | - | - | - |
| Other amounts payable47/48 | - | €37k | €31k | €35k | €36k | ▲ 0.7% |
| Accrued charges and deferred income492/3 | - | - | - | - | €169 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-6k | €-4k | €2k | €5k | €7k | ▲ 34.4% |
| Operating cash flow (approximation) | €-6k | €-4k | €2k | €5k | €7k | ▲ 34.4% |
| Change in cash | - | €-881 | €551 | €5k | €11k | ▲ 131% |
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
2025
26-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 57 days late
2024
31-12
Financial
Highest result since 2018net €7k ▲34.4%
Operating result €6k, net result €7k, both a record.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
2022
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
05-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 36 days late
2021
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
31-12
Financial
Weakest financial yearnet €-6k
Net result drops to €-6k, the lowest in the series; recovery starts the following year.
13-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 13 days late
2019
31-12
Financial
Back to profitnet €391
Net result €391 after one loss-making year.
03-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
12-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
01-06
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 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 1995
Ground area
281 m²
Building footprint
247 m²
Volume, LiDAR
1,408 m³
2 parcels, Flanders · tallest building 11.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Herentalsebaan 239, 2100 Antwerpen
since 19952.071.185.867
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11345B0200/00F022 | Flanders | 169 m² | 1 · 169 m² | 11.2 m · 1 fl. |
| 11345B0200/00F020 | Flanders | 112 m² | 1 · 79 m² | 10.9 m · 2 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.
Similar companies · same sector, comparable size
TAILLEURS ST GUIDON
BE 0882.853.715
Anderlecht · Eq €11,280
DS DEWULF
BE 1012.363.660
Poperinge · Eq €11,698
TISSUS DECO
BE 0445.518.624
Ukkel · Eq €11,743
DIDICO
BE 0437.519.884
Malle · Eq €11,817
TEXTIELHANDEL VERLINDEN
BE 0421.251.994
Rumst · Eq €11,970
Of 1,270 companies in sector 47512 we hold annual accounts for 581. 281 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
Founded27-02-1995
Fiscal year end31-12
Activities, NACEBEL 2025
47512Retail sale of household textiles and bedding
Scores and ratios are computed by Checked and are not a credit decision.