Burando Barging & Rail Belgium
ActiveBurando Barging & Rail Belgium has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €272k and a net result of €29k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 36% of 932 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability54▼-46
Solvency38▲+8
Growth32=
Stability100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €14k at 30 days acceptable
Liquidity tight (current ratio 1.17 against 1.2 in 2023), and 76.6% of the assets are financed with debt.
Credit advice 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 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €272k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-07-2025, 29 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d early
2023
30 d early
2022
19 d early
2021
26 d early
2020
58 d early
2019
2 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€272k▲ 12.0%
2023 · €243k
2018: €5.66M
2019: €5.82M
2020: €5.53M
2021: €103k
2022: €157k
2023: €243k
2018 → 2024
Total assets
€1.16M▼ 3.1%
2023 · €1.20M
2018: €17.75M
2019: €28.28M
2020: €27.75M
2021: €970k
2022: €1.04M
2023: €1.20M
2018 → 2024
Net result
€29k▼ 66.3%
2023 · €87k
2018: €91k
2019: €154k
2020: €997k
2021: €63k
2022: €54k
2023: €87k
2018 → 2024
Working capital
€154k▼ 19.1%
2023 · €190k
2018: €-3.36M
2019: €-6.21M
2020: €5.52M
2021: €65k
2022: €138k
2023: €190k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€5.53M-€103k▼ 98.1%€157k▲ 52.3%€243k▲ 55.3%€272k▲ 12.0%
Operating result€1.81M-€92k▼ 94.9%€83k▼ 8.9%€125k▲ 50.0%€64k▼ 48.7%
Net result€997k-€63k▼ 93.7%€54k▼ 14.2%€87k▲ 60.9%€29k▼ 66.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 49% below 2023 and is the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.16M
Fixed assets
€122k▲ 104%
Current assets
€1.04M▼ 8.7%
Equity and liabilities €1.16M
Equity
€272k▲ 12.0%
Debt
€889k▼ 6.9%
The debt ratio falls from 79.7% to 76.6%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€84k▼
2023 · €138k
Cash flow
€48k▼
2023 · €100k
Solvency
23.4%▲
2023 · 20.3%
Current ratio
1.17▼
2023 · 1.20
Quick ratio
1.17▼
2023 · 1.20
Debt / equity
3.27▼
2023 · 3.93
ROE
10.7%▼
2023 · 35.6%
ROA
2.5%▼
2023 · 7.2%
Interest coverage
1.30▼
2023 · 3.03
Debt
€889k▼
2023 · €955k
Debt ≤ 1 year
€886k▼
2023 · €949k
Income taxes
€12k▼
2023 · €34k
Staff costs
€1.81M▲
2023 · €1.52M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.20M€1.16M▼
Fixed assets21/28€60k€122k▲
Tangible fixed assets22/27€54k€116k▲
Furniture and vehicles24€54k€116k▲
Financial fixed assets28€5k€5k=
Current assets29/58€1.14M€1.04M▼
Amounts receivable within one year40/41€1.07M€998k▼
Trade receivables40€133k€226k▲
Other amounts receivable41€934k€771k▼
Cash at bank and in hand54/58€58k€26k▼
Deferred charges and accrued income490/1€13k€16k▲
Equity and liabilities
Total equity and liabilities10/49€1.20M€1.16M▼
Equity10/15€243k€272k▲
Contributions10/11€40k€40k=
Reserves13€102€102=
Distributable reserves133€102€102=
Profit (loss) carried forward14€203k€232k▲
Amounts payable17/49€955k€889k▼
Amounts payable within one year42/48€949k€886k▼
Financial debts43€750k€750k=
Credit institutions430/8€750k€750k=
Trade debts44€61k€9k▼
Suppliers440/4€61k€9k▼
Taxes, remuneration and social security45€138k€128k▼
Taxes450/3€14k€0▼
Remuneration and social security454/9€124k€128k▲
Accrued charges and deferred income492/3€7k€3k▼
Income statement
Code20232024
Non-recurring operating income76A-€11k
Remuneration, social security and pensions62€1.52M€1.81M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€13k€19k▲
Other operating charges640/8€2k€116k▲
Gross operating margin9900€1.66M€2.01M▲
Operating profit (loss)9901€125k€64k▼
Financial income75/76B€40k€42k▲
Recurring financial income75€40k€42k▲
Financial charges65/66B€46k€64k▲
Recurring financial charges65€46k€64k▲
Profit (loss) for the period before taxes9903€120k€41k▼
Income taxes67/77€34k€12k▼
Profit (loss) for the period9904€87k€29k▼
Profit (loss) for the period to be appropriated9905€87k€29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€203k€232k▲
Profit (loss) brought forward from the previous period14P€117k€203k▲
Social balance
Average headcount (FTE)908716.817.2▲
The notes to these accounts (19 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
11-09
State Gazette act
Registered office · Statutes amendmentGeneral meeting · Name change · Board meeting4 facts ▸
State Gazette act
Registered office · Statutes amendment
General meeting · Name change · Board meeting4 facts ▸
- General meeting, 2026-08-21
- Name change, Burando Barging & Rail Belgium
- Board meeting, 2026-07-01
- Registered-office move, Generaal Lemanstraat 47/5, 2018 Antwerpen
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €29k ▼66.3%
Net result drops to €29k, the lowest in the series.
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Equity above €200kEq €243k ▲55.3%
6 profitable years in a row build equity to €243k.
12-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €150kEq €157k ▲52.3%
5 profitable years in a row build equity to €157k.
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
03-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Highest result since 2018net €997k ▲548%
Operating result €1.81M, net result €997k, both a record.
31-12
Financial
Liquidity times 18current ratio 1.25
Current ratio from 0.07 to 1.25.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
08-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
18 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2000
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.
Generaal Lemanstraat 472018 AntwerpenGround area
2,554 m²
Building footprint
1,880 m²
Volume, LiDAR
27,562 m³
2 parcels, Flanders · tallest building 23.1 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
Fuel Transport Service Hofftrans Belgium
since 20002.099.538.472
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K0015/00M002 | Flanders | 1,325 m² | 1 · 1,277 m² | 23.0 m · 5 fl. |
| 11803C0865/00M000 | Flanders | 1,228 m² | 1 · 602 m² | 23.1 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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MONTERSA
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BODYPARTS BRABANT
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Of 1,556 companies in sector 46900 we hold annual accounts for 913. 668 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded20-01-2000
Fiscal year end31-12
Trade name NL
FTS HOFFTRANS BELGIUM
Activities, NACEBEL
46900Non-specialised wholesale trade
52250Logistics services
52290Warehousing and support activities for transportation
63405
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.