BURAVEN
ActiveBURAVEN has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €701k and a net result of €17k. Equity remains stable across the filed fiscal years (±2.3% per year). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
100
/ 100
Excellent= vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability71=
Solvency100=
Growth64=
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 76.03 against 29.06 in 2023), and 3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
97%
Return on assets
2.3%
Age of the figures
20 mo
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 14-07-2025, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
17 d early
2023
22 d early
2022
31 d early
2021
38 d early
2020
16 d early
2019
3 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€53k▲ 2.5%
2023 · €52k
2021: €51k
2022: €48k
2023: €52k
2021 → 2024
EBIT margin
19.6%▼ 19.9pp
2023 · 39.4%
2021: 48.7%
2022: 38.6%
2023: 39.4%
2021 → 2024
Net result
€17k▲ 2.6%
2023 · €16k
2018: €13k
2019: €17k
2020: €15k
2021: €17k
2022: €12k
2023: €16k
2018 → 2024
Working capital
€585k▼ 4.5%
2023 · €613k
2018: €486k
2019: €525k
2020: €539k
2021: €567k
2022: €586k
2023: €613k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€51k€48k▼ 6.2%€52k▲ 8.8%€53k▲ 2.5%
Equity€639k-€656k▲ 2.6%€668k▲ 1.8%€684k▲ 2.4%€701k▲ 2.4%
Operating result€22k-€25k▲ 12.4%€18k▼ 25.6%€20k▲ 10.9%€10k▼ 49.1%
Net result€15k-€17k▲ 12.2%€12k▼ 27.6%€16k▲ 35.6%€17k▲ 2.6%
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 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 €722k
Fixed assets
€129k▲ 53.1%
Current assets
€593k▼ 6.5%
Equity and liabilities €722k
Equity
€701k▲ 2.4%
Debt
€22k▼ 38.5%
The debt ratio falls from 4.9% to 3.0%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€32k▼
2023 · €34k
Cash flow
€38k▲
2023 · €30k
Solvency
97.0%▲
2023 · 95.1%
Current ratio
76.03▲
2023 · 29.06
Quick ratio
76.03▲
2023 · 29.06
Debt / equity
0.03▼
2023 · 0.05
ROE
2.4%▲
2023 · 2.4%
ROA
2.3%▲
2023 · 2.3%
Interest coverage
35.32▼
2023 · 718.11
Debt
€22k▼
2023 · €35k
Debt ≤ 1 year
€8k▼
2023 · €22k
Income taxes
€8k▲
2023 · €8k
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€719k€722k▲
Fixed assets21/28€84k€129k▲
Intangible fixed assets21-€0
Tangible fixed assets22/27€84k€129k▲
Land and buildings22€67k€56k▼
Other tangible fixed assets26€18k€73k▲
Current assets29/58€635k€593k▼
Amounts receivable within one year40/41€6k€9k▲
Trade receivables40€4k€5k▲
Other amounts receivable41€2k€4k▲
Current investments50/53-€500k
Cash at bank and in hand54/58€629k€84k▼
Deferred charges and accrued income490/1-€481
Equity and liabilities
Total equity and liabilities10/49€719k€722k▲
Equity10/15€684k€701k▲
Contributions10/11€347k€347k=
Capital10€347k€347k=
Issued capital100€347k€347k=
Reserves13€114k€131k▲
Non-distributable reserves130/1€29k€30k▲
Legal reserve130€29k€30k▲
Distributable reserves133€85k€101k▲
Profit (loss) carried forward14€223k€223k=
Amounts payable17/49€35k€22k▼
Amounts payable within one year42/48€22k€8k▼
Trade debts44€21k€8k▼
Suppliers440/4€21k€8k▼
Taxes, remuneration and social security45€584-
Taxes450/3€584-
Accrued charges and deferred income492/3€13k€14k▲
Income statement
Code20232024
Turnover70€52k€53k▲
Goods, raw materials, services and sundry goods60/61€32k€37k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€14k€21k▲
Other operating charges640/8€11k€11k▲
Gross operating margin9900€45k€43k▼
Operating profit (loss)9901€20k€10k▼
Financial income75/76B€4k€15k▲
Recurring financial income75€4k€15k▲
Financial charges65/66B€48€892▲
Recurring financial charges65€48€892▲
Profit (loss) for the period before taxes9903€24k€25k▲
Income taxes67/77€8k€8k▲
Profit (loss) for the period9904€16k€17k▲
Profit (loss) for the period to be appropriated9905€16k€17k▲
Appropriation of the result
Profit (loss) to be appropriated9906€239k€239k▲
Profit (loss) brought forward from the previous period14P€223k€223k=
Transfer to equity691/2€16k€17k▲
To the legal reserve6920€817€838▲
To other reserves6921€16k€16k▲
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2026
20-03
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director appointment5 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director appointment5 facts ▸
- General meeting, 23/06/2025
- Director resignation, Stephan Vanhaverbeke (bestuurder)
- Director appointment, Isabelle Verellen (bestuurder)
- Director resignation, Stephan Vanhaverbeke (persoon belast met dagelijks bestuur)
- Director appointment, Peter Kunnen (persoon belast met dagelijks bestuur)
2025
14-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €17k ▲2.6%
Net result €17k, the highest in the series.
31-12
Financial
Liquidity triplescurrent ratio 76.03
Current ratio from 29.06 to 76.03; short-term debt falls from €22k to €8k.
19-09
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director appointment3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director appointment3 facts ▸
- General meeting, 17/06/2024
- Director resignation, Verwilt Filip (bestuurder)
- Director appointment, Germeaux Pieter-Jan (bestuurder)
09-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-08
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment · Director resignation3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment · Director resignation3 facts ▸
- General meeting, 2023-06-19
- Director appointment, Lieve De Preter (bestuurder)
- Director resignation, William Van Erdeghem (bestuurder)
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
16-01
State Gazette act
Statutes amendmentGeneral meeting · Statutes amendment · Capital5 facts ▸
State Gazette act
Statutes amendment
General meeting · Statutes amendment · Capital5 facts ▸
- General meeting, 2022-12-19
- Statutes amendment
- Capital, €347.050,93
- Corporate purpose, Le commerce et la gestion d'immeuble, bâtis ou non, pour compte propre ou pour compte de tiers, ainsi que toutes opérations quelconques de promotion immobilière…
- Administration structure, Modification de la composition, du mode de délibération et de prise de décision, du pouvoir de gestion et du pouvoir de représentation externe de l'organe d'adm…
16-01
State Gazette act
Statutes amendmentGeneral meeting · Statutes amendment · Capital6 facts ▸
State Gazette act
Statutes amendment
General meeting · Statutes amendment · Capital6 facts ▸
- General meeting, 2021-12-19
- Statutes amendment
- Statutes amendment
- Capital, €347.050,93
- Corporate purpose, De vennootschap heeft tot voorwerp, zowel in België als in het buitenland, de handel in en het beheer van onroerende goederen die al dan niet voor eigen rekenin…
- Power of attorney
2022
31-12
Financial
Weakest financial yearnet €12k ▼27.6%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
16-09
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director appointment3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director appointment3 facts ▸
- General meeting, 2022-06-20
- Director resignation, Stijn Coppens (bestuurder)
- Director appointment, Filip Verwilt (bestuurder)
23-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
29-09
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment · Director resignation3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment · Director resignation3 facts ▸
- General meeting, 2021-06-21
- Director appointment, Rohnny Champagne (bestuurder)
- Director resignation, Georges De Batselier (bestuurder)
15-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
20-08
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment · Director resignation3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment · Director resignation3 facts ▸
- General meeting, 2020-06-15
- Director appointment, Jürgen van der Haegen (bestuurder)
- Director resignation, Fritz Potemans (bestuurder)
28-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
25-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
05-06
State Gazette act
Resignations & appointmentsGeneral meeting · Board meeting · Auditor reappointment5 facts ▸
State Gazette act
Resignations & appointments
General meeting · Board meeting · Auditor reappointment5 facts ▸
- General meeting, 2018-06-18
- Board meeting, 2018-05-17
- Auditor reappointment, 3 years, 2018-2019-2020
- Permanent representative, Peter Lenoir
- Approval, audit honoraria, excl. BTW
20-02
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment · Director resignation3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment · Director resignation3 facts ▸
- General meeting, 2019-01-22
- Director appointment, Hillal Sor (bestuurder)
- Director resignation, Nico Cué (bestuurder)
2018
26-06
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
02-05
State Gazette act
Resignations & appointmentsGeneral meeting · Director appointment · Director resignation9 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director appointment · Director resignation9 facts ▸
- General meeting, 2018-03-26
- Director appointment, William Van Erdeghem (bestuurder)
- Director resignation, Marc De Wilde (bestuurder)
- Director appointment, Georges De Batselier (bestuurder)
- Director resignation, Herwig Jorissen (bestuurder)
- Mandate compensation, Buraven
- Board meeting, 2018-03-26
- Director appointment, Stephan Vanhaverbeke (gedelegeerd bestuurder)
- Director resignation, Herwig Jorissen (gedelegeerd bestuurder)
2017
25-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
03-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 3 days late
08-04
State Gazette act
Resignations & appointmentsGeneral meeting · Auditor appointment · Permanent representative3 facts ▸
State Gazette act
Resignations & appointments
General meeting · Auditor appointment · Permanent representative3 facts ▸
- General meeting, 2015-06-29
- Auditor appointment, CVBA Mazars Bedrijfsrevisoren (commissaris)
- Permanent representative, Peter Lenoir
01-02
State Gazette act
Purpose · Statutes amendmentGeneral meeting · Net-asset statement · Purpose change6 facts ▸
State Gazette act
Purpose · Statutes amendment
General meeting · Net-asset statement · Purpose change6 facts ▸
- General meeting, 2015-11-13
- Net-asset statement, 2015-08-31
- Purpose change, La société a pour objet, tant en Belgique qu'à l'étranger, le commerce et à la gestion d'immeuble, bâtis ou non, pour compte propre ou pour compte de tiers, ain…
- Statutes amendment
- Power of attorney, Conseil d'administration de BURAVEN
- Founder, BURAVEN
29-01
State Gazette act
Purpose · Statutes amendmentGeneral meeting · Net-asset statement · Purpose change5 facts ▸
State Gazette act
Purpose · Statutes amendment
General meeting · Net-asset statement · Purpose change5 facts ▸
- General meeting, 2015-11-13
- Net-asset statement, 2015-08-31
- Purpose change, De vennootschap heeft tot doel, zowel in België als in het buitenland, de handel in en het beheer van onroerende goederen die al dan niet voor eigen rekening of…
- Statutes amendment
- Power of attorney, BURAVEN
2015
13-04
State Gazette act
Registered office · Resignations & appointmentsGeneral meeting · Director resignation · Director appointment16 facts ▸
State Gazette act
Registered office · Resignations & appointments
General meeting · Director resignation · Director appointment16 facts ▸
- General meeting, 2015-03-12
- Director resignation, Pierre-Yves Delens (administrateur)
- Director resignation, Laurence Courtois-Delens (administrateur)
- Director resignation, Véronique Delens (administrateur)
- Director resignation, Francis Delens (administrateur)
- Director appointment, Stephan Vanhaverbeke (administrateur)
- Director appointment, Fritz Potemans (administrateur)
- Director appointment, Stijn Coppens (administrateur)
- Director appointment, Herwig Jorissen (administrateur)
- Director appointment, Nicanor Cue Alvarez (administrateur)
- Director appointment, Marc Delwide (administrateur)
- Mandate compensation, Buraven
- +4 further facts in this act
2013
07-01
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director appointment11 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director appointment11 facts ▸
- General meeting, 2012-09-10
- Director resignation, Luc DELENS (administrateur)
- Director appointment, Laurence COURTOIS (administrateur)
- Mandate compensation, Laurence COURTOIS
- Board meeting, 2012-09-10
- Director appointment, Pierre-Yves DELENS (Président du Conseil d'Administration)
- Director appointment, Laurence COURTOIS (Adminstrateur délégué)
- Power of attorney, Pierre-Yves DELENS
- Power of attorney, Véronique DELENS
- Power of attorney, Laurence COURTOIS
- Power of attorney, Francis DELENS
2012
21-02
State Gazette act
Registered office · Statutes amendmentGeneral meeting · Statutes amendment4 facts ▸
State Gazette act
Registered office · Statutes amendment
General meeting · Statutes amendment4 facts ▸
- General meeting
- Statutes amendment
- Statutes amendment
- Statutes amendment
2010
02-09
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation · Director discharge12 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation · Director discharge12 facts ▸
- General meeting, 2010-06-10
- Director resignation, Luc DELENS (administrateur)
- Director resignation, Guy DELENS (administrateur)
- Director resignation, Micheline LENAERS (administrateur)
- Director discharge, Luc DELENS
- Director discharge, Guy DELENS
- Director discharge, Micheline LENAERS
- Director appointment, Luc DELENS (administrateur)
- Director appointment, Véronique DELENS (administrateur)
- Director appointment, Pierre-Yves DELENS (administrateur)
- Director appointment, Francis DELENS (administrateur)
- Director appointment, Luc DELENS (Administrateur-Délégué)
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
19 directors, no change since 2025
Isabelle Verellen
CurrentDirector · since 23-06-2025
Peter Kunnen
CurrentPersoon belast met dagelijks bestuur · since 23-06-2025
Laurence COURTOIS
Not recently confirmedAdminstrateur délégué · since 10-09-2012
Pierre-Yves Delens
Not recently confirmedPrésident du conseil d'administration · since 10-06-2010
Francis DELENS
Not recently confirmedDirector · since 10-06-2010
Véronique DELENS
Not recently confirmedDirector · since 10-06-2010
23-06-2025
Isabelle Verellen: Appointed as Director
23-06-2025
Peter Kunnen: Appointed as Persoon belast met dagelijks bestuur
23-06-2025
Stephan Vanhaverbeke: Resigned as Persoon belast met dagelijks bestuur
23-06-2025
Stephan Vanhaverbeke: Resigned as Director
17-06-2024
Verwilt Filip: Resigned as Director
01-01-2023
William Van Erdeghem: Resigned as Director
06-12-2021
Stijn Coppens: Resigned as Director
21-06-2021
De Batselier Georges: Resigned as Director
20-08-2020
Fritz Potemans: Resigned as Director
20-02-2019
Nico Cué: Resigned as Director
02-05-2018
Herwig Jorissen: Resigned as Director
02-05-2018
Herwig Jorissen: Resigned as Managing director
02-05-2018
Marc De Wilde: Resigned as Director
12-03-2015
Laurence Courtois-Delens: Resigned as Managing director
10-09-2012
Laurence COURTOIS: Appointed as Adminstrateur délégué
10-09-2012
Laurence COURTOIS: Appointed as Director
10-09-2012
Pierre-Yves Delens: Appointed as Président du conseil d'administration
27-07-2012
Luc DELENS: Resigned as Director
10-06-2010
Pierre-Yves Delens: Appointed as Director
10-06-2010
Francis DELENS: Appointed as Director
10-06-2010
Véronique DELENS: Appointed as Director
10-06-2010
Luc DELENS: Appointed as Director
10-06-2010
Luc DELENS: Resigned as Director
10-06-2010
Luc DELENS: Appointed as Managing director
+ 2 not shown in this overview
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 1994
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.
Ravensteingalerij 271000 BrusselGround area
6,581 m²
Building footprint
5,789 m²
Volume, LiDAR
92,504 m³
Parcel 21804D0819/00R000, Brussels · tallest building 21.9 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Ravensteingalerij 27, 1000 Brussel
since 19942.065.162.761
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21804D0819/00R000 | Brussels | 6,581 m² | 1 · 5,789 m² | 21.9 m · 6 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Statutory auditor
1 auditor| Mazars Bedrijfsrevisoren CVBA Auditor · represented by Peter Lenoir | 29-06-2015 → 05-06-2019 |
Structure & network
Connections & network
5 connected companiesLinked via shared directors
former→
viaIsabelle Verellen · Ondervoorzitter van het bestuursorgaan
former→
viaIsabelle Verellen · Ondervoorzitter van het bestuursorgaan
former→
viaIsabelle Verellen · Bestuurslid
former→
Network connections
Shared director
→
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded24-12-1993
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 31 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.