BURAX
InactiveBURAX was declared bankrupt on 15-02-2022 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 07-10-2025, published in the Belgian State Gazette on 15-10-2025.
Summary
Inactive; last annual accounts for fiscal year 2019.
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · No filing for years
The last filed financial year closed on 30-06-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 3 filingsPosition against the passed deadline
30-06-2020 close31-01-2021 deadline26-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 30-06-2019 was due by 31-01-2020 and was filed on 27-03-2020, 56 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 · 3 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
56 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its 2019 accounts 56 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
Financials · fiscal year 2019, abbreviated schema
Equity
€26,267
Total assets
€100,217
Net result
€375
Working capital
€15,117
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Assets €100,217
Fixed assets
€33,673
Current assets
€66,544
Equity and liabilities €100,217
Equity
€26,267
Debt
€73,950
Debt finances 73.8% of the balance-sheet total.
Key figures and ratios
Current ratio
1.29
Quick ratio
0.82
Debt to equity
0.86
ROE
1.4%
ROA
0.4%
Debt ≤ 1 year
€51,427
Debt > 1 year
€22,523
Income taxes
€727
Annual accounts
| Line | 2019 |
|---|---|
| Gross operating margin9900 | €37,343 |
| Operating profit (loss)9901 | €1,129 |
| Recurring financial income75 | €14 |
| Recurring financial charges65 | €41 |
| Profit (loss) for the period before taxes9903 | €1,102 |
| Income taxes67/77 | €727 |
| Profit (loss) for the period9904 | €375 |
| Profit (loss) for the period to be appropriated9905 | €375 |
| Line | 2019 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €100,217 | |
| Fixed assets21/28 | €33,673 | |
| Tangible fixed assets22/27 | €29,893 | |
| Financial fixed assets28 | €3,780 | |
| Current assets29/58 | €66,544 | |
| Stocks and contracts in progress3 | €24,321 | |
| Amounts receivable within one year40/41 | €14,847 | |
| Cash at bank and in hand54/58 | €27,376 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €100,217 | |
| Equity10/15 | €26,267 | |
| Contributions10/11 | €18,600 | |
| Reserves13 | €365 | |
| Profit (loss) carried forward14 | €7,302 | |
| Amounts payable17/49 | €73,950 | |
| Amounts payable after more than one year17 | €22,523 | |
| Amounts payable within one year42/48 | €51,427 | |
| Trade debts44 | €20,100 | |
| Line | 2019 |
|---|---|
| Profit (loss) for the period9904 | €375 |
| Operating cash flow (approximation) | €375 |
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
15-10
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · event 07-10-2025
2022
21-02
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 15-02-2022
2020
27-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 56 days late
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
SignalNBB filing
0 of 9 acts read
About the unread acts
We know of 9 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
9 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
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | JOAN DUBAERE KEIZER KARELLAAN 586 BUS 9,
1082 SINT-AGATHA-BERCHEM |
15-02-2022 → 07-10-2025 |
| Curator | STEFAAN
AERTS KEIZER KARELLAAN 586 BUS 9, 1082 SINT-AGATHA-
BERCHEM |
15-02-2022 → 07-10-2025 |