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BUREAU M

Active
Private limited companyfounded 200224 yrs activeLouizalaan 523, 1050 Elsene, BelgiumKBO/BCE: BE 0476.967.311
Summary

BUREAU M has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €234,560 and a net result of -€71,183. Equity is growing by ~14.4% per year across the filed fiscal years. Its solvency ranks better than 31% of 32341 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisWatch ReportCompare
BUREAU MActiveChecked score 88/100
Risk analysis ReportCompare

Overview

Activity
Other specialised construction activities
NACE 43990NACE 43999NACE 45250
1 site
Size
€721,395total assets 2024
Equity
€234,560
Loss
-€71,183
Turnover not published (abridged schema)
Financial health
88 Excellent Checked score 2024
Bankruptcy chance 12 m
0.1%
Structure
Accounts 31 d early0 of 5 deeds read
Why 88- Sector Specialised construction activities (NACE 43)+ Size: total assets €825,796+ Figures for FY 2025 (filed 30-06-2026)+ Founded in 2002Show the evidence

Checked score

Score 2024
88 / 100
Excellent
Probability in this band: under 0.55%
Better than 28% of its sector peers (NACE 43, micro)
Performance against the sector, not lower risk
Every signal that weighs is under Signals.
Financial strength · tick = 2023
Weak
Solvency 58-27
equity 32.5% of total assets
Liquidity 54-31
short-term debt 25.3% · cash 10.8%
Profitability 6-65
return on assets -9.9%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (47,133 companies)
Last 24 months 11-2024: 0.1%lowest value 12-2024: 0.1%● 0.0% vs 11-2024lowest value 01-2025: 0.1%● 0.0% vs 12-2024lowest value 02-2025: 0.1%▲ +1.4% vs 01-2025 03-2025: 0.1%● 0.0% vs 02-2025 04-2025: 0.1%▲ +9.9% vs 03-2025 05-2025: 0.1%▲ +2.6% vs 04-2025 06-2025: 0.1%▼ -2.5% vs 05-2025 07-2025: 0.1%▲ +19.2% vs 06-2025 08-2025: 0.2%▲ +94.6% vs 07-2025 09-2025: 0.5%▲ +166% vs 08-2025 10-2025: 0.5%● 0.0% vs 09-2025 11-2025: 0.5%● 0.0% vs 10-2025 12-2025: 0.5%● 0.0% vs 11-2025 01-2026: 0.5%● 0.0% vs 12-2025 02-2026: 0.5%● 0.0% vs 01-2026 03-2026: 0.5%▲ +3.3% vs 02-2026 04-2026: 0.5%▲ +9.6% vs 03-2026 05-2026: 0.5%▼ -1.8% vs 04-2026 06-2026: 0.5%▼ -1.1% vs 05-2026 07-2026: 0.5%▲ +0.9% vs 06-2026 08-2026: 0.9%▲ +59.4% vs 07-2026 09-2026: 0.9%▲ +5.2% vs 08-2026highest value 10-2026: 0.1%▼ -83.9% vs 09-2026
  • Size: total assets €825,796 lowers the probability for this profile
  • Sector Specialised construction activities (NACE 43) raises the probability
  • Figures for FY 2025 (filed 30-06-2026) lowers the probability
  • Founded in 2002 lowers the probability for this profile
Credit up to €20,000 at 30 days acceptable
Liquidity tight (current ratio 1.01 against 4.11 in 2023; short-term debt: 25.3% and cash: 10.8% of total assets), and 67.5% of the assets are financed with debt.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 43, micro). Better than this share of them on solvency 34%, liquidity 50%, profitability 10%, growth against the median 16%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €825,796
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Sector Specialised construction activities (NACE 43)
In the bankruptcy model this factor raises the probability.
KBO
lowers risk · Figures for FY 2025 (filed 30-06-2026)
In the bankruptcy model this factor lowers the probability.
NBB · annual accounts
lowers risk · Founded in 2002
In the bankruptcy model this factor lowers the probability for this profile.
KBO
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 d early
2024
29 d late
2023
2 d early
2022
29 d late
2021
26 d early
2020
13 d late
2019
67 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 11 days after the deadline; 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. Usually files around 30 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
03-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · micro…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Weakest financial yearnet -€71,183

Key points

  • Caution: From profit to loss in 2024after €13,041 in 2023 -€71,183 View
  • Positive: Among the best 13% on equitysector median €58,261 · 32,352 companies €242,008 View
  • Total assets 20246 fiscal years filed €721,395 View

By topic

Financials

Fiscal year
2024
Total assets
€721,395
Loss
-€71,183
Solvency
32.5%
Total assets▲ 40.6%
Net result
20182024
Go to Financials

Timeline

Events
14
Since
2017
Next accounts
by 31-07-2027
  1. 30-06-2026Annual accounts filed
  2. 29-08-2025Annual accounts filed
  3. 31-12-2024Weakest financial year
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Other specialised construction activitiesNACE 43990
Founded
25-02-2002
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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