BURE
ActiveSummary
BURE has been active since 1984 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €423,974 and a net result of -€52,713. Equity remains stable across the filed fiscal years (±2.3% per year). Its solvency ranks better than 41% of 2062 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability29▼-43
Solvency61▼-3
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22,000 at 30 days acceptable
Liquidity tight (current ratio 1.32 against 1.45 in 2024; short-term debt: 61.8% and cash: 13.1% of total assets), and 63.8% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
14 d early
2023
43 d early
2022
41 d early
2021
6 d early
2020
31 d late
2019
91 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average on the deadline day; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
27-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#8 oldest company in Crisnée
Turnover
€0
2021 · €0
EBIT margin
Not included in this filing
Net result
-€52,713
2024 · €33,787
Working capital
€230,800▼ 32.3%
2024 · €340,687
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€0€0
Operating result€74,239€32,408▼ 56.3%€54,183▲ 67.2%€62,169▲ 14.7%-€34,877
Net result€36,389within the sector's middle half€12,217within the sector's middle half▼ 66.4%€20,383within the sector's middle half▲ 66.8%€33,787within the sector's middle half▲ 65.8%-€52,713below the sector's middle half
Equity€516,500within the sector's middle half▲ 7.6%€527,117within the sector's middle half▲ 2.1%€545,900within the sector's middle half▲ 3.6%€526,687within the sector's middle half▼ 3.5%€423,974within the sector's middle half▼ 19.5%
Total assets€1.7mabove the sector's middle half▲ 28.8%€1.5mwithin the sector's middle half▼ 15.3%€1.6mwithin the sector's middle half▲ 9.4%€1.4mwithin the sector's middle half▼ 14.7%€1.2mwithin the sector's middle half▼ 14.0%
Debt€1.2m▲ 40.7%€934,016▼ 22.8%€1.1m▲ 12.7%€836,118▼ 20.6%€748,453▼ 10.5%
Working capital€373,011▲ 16.9%€380,851▲ 2.1%€392,892▲ 3.2%€340,687▼ 13.3%€230,800▼ 32.3%
Solvency29.9%within the sector's middle half▼ 5.9pp36.1%within the sector's middle half▲ 6.1pp34.2%within the sector's middle half▼ 1.9pp38.6%within the sector's middle half▲ 4.5pp36.2%within the sector's middle half▼ 2.5pp
Staff (FTE)13.7within the sector's middle half▼ 26.3%14.2within the sector's middle half▲ 3.6%13.6within the sector's middle half▼ 4.2%14.6within the sector's middle half▲ 7.4%14.2within the sector's middle half▼ 2.7%
above
within
below
the middle half (P25 to P75) of NACE 43, Specialised construction activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €34,877 after €62,169 in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets
€217,293 ▼ 17.7%
Current assets
€955,134 ▼ 13.1%
Equity and liabilities €1.2m
Equity
€423,974 ▼ 19.5%
Debt
€748,453 ▼ 10.5%
Debt's share of the balance-sheet total rises from 61.4% to 63.8%. Equity and debt are lower.
Key figures and ratios
EBITDA
€22,569▼
2024 · €122,749
Cash flow
€4,733▼
2024 · €94,367
Current ratio
1.32▼
2024 · 1.45
Quick ratio
1.00▼
2024 · 1.29
Debt to equity
1.77▲
2024 · 1.59
ROE
-12.4%▼
2024 · 6.4%
ROA
-4.5%▼
2024 · 2.5%
Interest coverage
1.90▼
2024 · 9.74
Debt ≤ 1 year
€724,334▼
2024 · €758,008
Debt > 1 year
€7,049▼
2024 · €71,185
Income taxes
€7,849▼
2024 · €15,804
Staff costs
€900,330▲
2024 · €852,629
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,594 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.2%
stopped otherwise
94%
still going
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 8,594 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €0 | €0 | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | €0 | €0 | - | - | - | - |
| Remuneration, social security and pensions62 | €865,199 | €962,168 | €997,078 | €852,629 | €900,330 | ▲ 5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €43,744 | €44,875 | €67,619 | €60,580 | €57,446 | ▼ 5.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €1,040 | €14,799 | -€8,998 | €11,568 | -€4,772 | ▼ 141% |
| Other operating charges640/8 | €7,350 | €19,948 | €15,439 | €13,394 | €15,414 | ▲ 15.1% |
| Gross operating margin9900 | €991,572 | €1.1m | €1.1m | €1.0m | €933,541 | ▼ 6.7% |
| Operating profit (loss)9901 | €74,239 | €32,408 | €54,183 | €62,169 | -€34,877 | ▼ 156% |
| Financial income75/76B | €2,123 | €268 | €399 | €30 | €1,891 | ▲ 6,202% |
| Recurring financial income75 | €2,123 | €268 | €399 | €30 | €1,891 | ▲ 6,202% |
| Financial charges65/66B | €20,603 | €14,508 | €21,978 | €12,608 | €11,879 | ▼ 5.8% |
| Recurring financial charges65 | €20,603 | €14,508 | €21,978 | €12,608 | €11,879 | ▼ 5.8% |
| Profit (loss) for the period before taxes9903 | €55,759 | €18,168 | €32,603 | €49,591 | -€44,864 | ▼ 190% |
| Income taxes67/77 | €19,370 | €5,951 | €12,220 | €15,804 | €7,849 | ▼ 50.3% |
| Profit (loss) for the period9904 | €36,389 | €12,217 | €20,383 | €33,787 | -€52,713 | ▼ 256% |
| Profit (loss) for the period to be appropriated9905 | €36,389 | €12,217 | €20,383 | €33,787 | -€52,713 | ▼ 256% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.7m | €1.5m | €1.6m | €1.4m | €1.2m | ▼ 14.0% |
| Fixed assets21/28 | €160,259 | €344,635 | €299,448 | €264,110 | €217,293 | ▼ 17.7% |
| Tangible fixed assets22/27 | €79,369 | €293,745 | €248,558 | €213,411 | €166,594 | ▼ 21.9% |
| Plant, machinery and equipment23 | €4,766 | €3,654 | €2,543 | €16,993 | €12,292 | ▼ 27.7% |
| Furniture and vehicles24 | €43,028 | €155,027 | €125,824 | €91,101 | €53,228 | ▼ 41.6% |
| Other tangible fixed assets26 | €31,575 | €135,064 | €120,191 | €105,317 | €101,073 | ▼ 4.0% |
| Financial fixed assets28 | €80,890 | €50,890 | €50,890 | €50,699 | €50,699 | = |
| Current assets29/58 | €1.6m | €1.1m | €1.3m | €1.1m | €955,134 | ▼ 13.1% |
| Stocks and contracts in progress3 | €153,439 | €163,311 | €153,961 | €118,792 | €229,372 | ▲ 93.1% |
| Stocks30/36 | €153,439 | €163,311 | €153,961 | €118,792 | €229,372 | ▲ 93.1% |
| Amounts receivable within one year40/41 | €940,948 | €830,518 | €1.0m | €750,009 | €569,828 | ▼ 24.0% |
| Trade receivables40 | €790,270 | €663,378 | €844,040 | €615,295 | €394,763 | ▼ 35.8% |
| Other amounts receivable41 | €150,678 | €167,140 | €170,435 | €134,714 | €175,065 | ▲ 30.0% |
| Cash at bank and in hand54/58 | €461,759 | €118,775 | €127,244 | €227,362 | €153,826 | ▼ 32.3% |
| Deferred charges and accrued income490/1 | €9,379 | €3,894 | €3,253 | €2,532 | €2,107 | ▼ 16.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.7m | €1.5m | €1.6m | €1.4m | €1.2m | ▼ 14.0% |
| Equity10/15 | €516,500 | €527,117 | €545,900 | €526,687 | €423,974 | ▼ 19.5% |
| Contributions10/11 | €56,570 | €56,570 | €56,570 | €61,500 | €61,500 | = |
| Capital10 | €56,570 | €56,570 | €56,570 | €61,500 | €61,500 | = |
| Issued capital100 | €56,570 | €56,570 | €56,570 | €61,500 | €61,500 | = |
| Reserves13 | €46,560 | €46,560 | €46,560 | €41,630 | €41,630 | = |
| Non-distributable reserves130/1 | €11,475 | €11,475 | €11,475 | €11,475 | €11,475 | = |
| Legal reserve130 | €11,475 | €11,475 | €11,475 | €11,475 | €11,475 | = |
| Distributable reserves133 | €35,085 | €35,085 | €35,085 | €30,155 | €30,155 | = |
| Profit (loss) carried forward14 | €413,370 | €423,987 | €442,770 | €423,557 | €320,844 | ▼ 24.3% |
| Amounts payable17/49 | €1.2m | €934,016 | €1.1m | €836,118 | €748,453 | ▼ 10.5% |
| Amounts payable after more than one year17 | €11,727 | €194,487 | €142,508 | €71,185 | €7,049 | ▼ 90.1% |
| Financial debts170/4 | €11,727 | €194,487 | €142,508 | €71,185 | €7,049 | ▼ 90.1% |
| Amounts payable within one year42/48 | €1.2m | €735,646 | €906,040 | €758,008 | €724,334 | ▼ 4.4% |
| Current portion of amounts payable after more than one year42 | €19,945 | €34,107 | €29,544 | €30,561 | €22,413 | ▼ 26.7% |
| Financial debts43 | €450,000 | €88,906 | €139,823 | €40,762 | €41,723 | ▲ 2.4% |
| Credit institutions430/8 | €450,000 | €88,906 | €139,823 | €40,762 | €41,723 | ▲ 2.4% |
| Trade debts44 | €644,732 | €509,807 | €637,198 | €567,627 | €532,102 | ▼ 6.3% |
| Suppliers440/4 | €644,732 | €509,807 | €637,198 | €567,627 | €532,102 | ▼ 6.3% |
| Advances received on contracts in progress46 | - | €20,750 | €0 | - | - | - |
| Taxes, remuneration and social security45 | €77,838 | €80,956 | €98,354 | €112,058 | €120,027 | ▲ 7.1% |
| Taxes450/3 | €15,662 | €17,252 | €14,657 | €23,008 | €23,120 | ▲ 0.5% |
| Remuneration and social security454/9 | €62,176 | €63,704 | €83,697 | €89,050 | €96,907 | ▲ 8.8% |
| Other amounts payable47/48 | €0 | €1,120 | €1,120 | €7,000 | €8,069 | ▲ 15.3% |
| Accrued charges and deferred income492/3 | €5,044 | €3,882 | €3,932 | €6,925 | €17,071 | ▲ 146% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €36,389 | €12,217 | €20,383 | €33,787 | -€52,713 | ▼ 256% |
| + Depreciation and write-downs630 | €43,744 | €44,875 | €67,619 | €60,580 | €57,446 | ▼ 5.2% |
| Operating cash flow (approximation) | €80,133 | €57,093 | €88,002 | €94,367 | €4,733 | ▼ 95.0% |
| Investment in fixed assets (approximation) | - | -€229,251 | -€22,432 | -€25,242 | -€10,629 | ▲ 57.9% |
| Change in cash | - | -€342,984 | €8,469 | €100,118 | -€73,535 | ▼ 173% |
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
Next filing, fiscal year 2026, expected by
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
17-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
25-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Back to profitnet €36,389
Net result €36,389 after one loss-making year.
31-12
Financial
Equity above €500,000Eq €516,500 ▲7.6%
Equity rises from €480,111 to €516,500.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Weakest financial yearnet -€71,189
Net result drops to -€71,189, the lowest in the series; recovery starts the following year.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
25-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 28 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Crisnée · 2 establishment units since 1984
Ground area
2,431 m²
Building footprint
1,125 m²
Volume, LiDAR
9,460 m³
2 parcels, Wallonia · tallest building 10.3 m, ±3 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
2 establishment units
BURE
since 19842.026.344.252
IN-OUT (MENUISERIE BURE)
since 20222.334.804.945
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 64065C0345/00M002 | Wallonia | 1,932 m² | 1 · 1,042 m² | 10.2 m · 3 fl. |
| 64021A0590/00Z000 | Wallonia | 498 m² | 1 · 83 m² | 10.3 m · 3 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.
Recognitions · licences · registrations
Recognised contractor
1 categoryBURE SA09035
Similar companies · same sector, comparable size
Schrijnwerkerij Michiels
BE 0417.844.425
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BE 0433.596.334
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MVO Dakwerken
BE 0538.598.537
Brakel · Eq €424,310
VAN ENGELANDT schrijnwerk
BE 0567.579.167
Poperinge · Eq €424,830
MAREVE
BE 0879.222.846
Sprimont · Eq €424,856
Of 20,025 companies in sector 43320 we hold annual accounts for 9,134. 6,277 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded07-11-1984
Fiscal year end31-12
Activities, NACEBEL 2025
43320Joinery installation
E-invoicing
Reachable via Peppol
Peppol ID
0208:0426725566
Also
9925:BE0426725566
Registered
09-12-2025
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.