BURECOM
InactiveBURECOM was declared bankrupt on 28-03-2022 (Tribunal de l’entreprise francophone de Bruxelles); the bankruptcy was closed for insufficient assets by judgment of 29-11-2022, published in the Belgian State Gazette on 05-12-2022.
No longer registered with the KBO; last annual accounts for fiscal year 2021.
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Two or more financial years not filed
Since the financial year that closed on 30-06-2022, 4 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filingsPosition against the passed deadline
30-06-2022 close31-01-2023 deadline20-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2021 was due by 31-01-2022 and was filed on 30-11-2021, 62 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
62 d early
2020
25 d early
2019
311 d late
← before the deadline
after the deadline →
Financials · fiscal year 2021, micro schema
Turnover
€8k▼ 79.4%
2019 · €38k
2019: €38k
2019 → 2020
EBIT margin
-15.7%▼ 28.1pp
2019 · 12.4%
2019: 12.4%
2019 → 2020
Net result
€-5k▲ 8.0%
2020 · €-5k
2019: €691
2020: €-5k
2019 → 2021
Working capital
€-18k
2019 · €18k
2019: €18k
2019 → 2020
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line201920202021Trend
Turnover€38k-€8k▼ 79.4%
Equity€-15k-€-20k▼ 34.7%€-24k▼ 23.7%
Operating result€5k-€-1k€-17k▼ 1,251%
Net result€691-€-5k€-5k▲ 8.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €17k in 2021 against €1k in 2020; the loss grows and 2021 has the lowest result in the available series.
Key figures and ratios
EBITDA
€-14k▼
2020 · €2k
Cash flow
€-2k▲
2020 · €-2k
Debt
€24k▼
2020 · €37k
Debt ≤ 1 year
€24k▼
2020 · €32k
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 · 2021 against 2020
Balance sheet
Code20202021
Assets
Total assets20/58€17k-
Fixed assets21/28€3k-
Tangible fixed assets22/27€3k-
Current assets29/58€14k-
Amounts receivable within one year40/41€14k-
Cash at bank and in hand54/58€185-
Equity and liabilities
Total equity and liabilities10/49€17k-
Equity10/15€-20k€-24k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Profit (loss) carried forward14€-40k€-45k▼
Amounts payable17/49€37k€24k▼
Amounts payable after more than one year17€5k-
Amounts payable within one year42/48€32k€24k▼
Trade debts44€2k-
Income statement
Code20202021
Turnover70€8k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=
Gross operating margin9900€2k€750▼
Operating profit (loss)9901€-1k€-17k▼
Recurring financial income75-€8k
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€-5k€-5k▲
Profit (loss) for the period9904€-5k€-5k▲
Profit (loss) for the period to be appropriated9905€-5k€-5k▲
Timeline · acts, filings and financial milestones
2022
05-12
Bankruptcy
Bankruptcy closure (insufficient assets)
Tribunal de l’entreprise francophone de Bruxelles · BURECOM SPRL BOULEVARD DU SOUVERAIN 348/47, 1160 AUDERGHEM. déclarée le 28 mars 2022 · event 29-11-2022
04-04
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · BURECOM SPRL BOULEVARD DU SOUVERAIN 348/47, 1160 AUDERGHEM · event 28-03-2022
2021
30-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
06-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
05-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 705 days late
2020
07-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 311 days late
30-06
Financial
Weakest financial yearnet €-5k ▼829%
Net result drops to €-5k, the lowest in the series.
2016
22-04
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 82 days late
01-04
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 426 days late
04-03
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 763 days late
04-03
NBB filing
Annual accounts filed
fiscal year 2012 · full schema · 1128 days late
2012
22-11
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 296 days late
22-11
NBB filing
Annual accounts filed
fiscal year 2010 · full schema · 661 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ANICET BAUM AVENUE ARMAND HUYSMANS 212,
1050 BRUXELLES 5 |
28-03-2022 → present |