BURENTRAD
ActiveSummary
BURENTRAD has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-89k) and a net result of €-697k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 4178 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-21
Solvency20▼-31
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.76 against 1.41 in 2024; short-term debt: 82.6% and cash: 25.3% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Seven 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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-5.2%
Return on assets
-40.8%
Age of the figures
9 mo
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-89k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-09-2026, 40 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 · 7 filingsDeviation from the deadline
2025
40 d late
2024
61 d late
2023
107 d late
2022
31 d late
2021
29 d late
2020
30 d late
2019
91 d late
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-697k▼ 393%
2024 · €-141k
2019: €-84k
2020: €609k▲ +828% vs 2019highest in 7 years
2021: €300k▼ -50.7% vs 2020
2022: €202k▼ -32.7% vs 2021
2023: €110k▼ -45.6% vs 2022
2024: €-141k▼ -229% vs 2023
2025: €-697k▼ -393% vs 2024lowest in 7 years
2019 → 2025
Working capital
€-341k
2024 · €450k
2019: €-35k
2020: €45k▲ +228% vs 2019
2021: €320k▲ +614% vs 2020
2022: €511k▲ +59.9% vs 2021
2023: €636k▲ +24.5% vs 2022highest in 7 years
2024: €450k▼ -29.3% vs 2023
2025: €-341k▼ -176% vs 2024lowest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€437k-€639k▲ 46.1%€749k▲ 17.2%€608k▼ 18.9%€-89k
2021: €437k
2022: €639k▲ +46.1% vs 2021
2023: €749k▲ +17.2% vs 2022highest in 5 years
2024: €608k▼ -18.9% vs 2023
2025: €-89k▼ -115% vs 2024lowest in 5 years
Operating result€470k-€305k▼ 35.2%€203k▼ 33.5%€-91k€-634k▼ 596%
2021: €470khighest in 5 years
2022: €305k▼ -35.2% vs 2021
2023: €203k▼ -33.5% vs 2022
2024: €-91k▼ -145% vs 2023
2025: €-634k▼ -596% vs 2024lowest in 5 years
Net result€300k-€202k▼ 32.7%€110k▼ 45.6%€-141k€-697k▼ 393%
2021: €300khighest in 5 years
2022: €202k▼ -32.7% vs 2021
2023: €110k▼ -45.6% vs 2022
2024: €-141k▼ -229% vs 2023
2025: €-697k▼ -393% vs 2024lowest in 5 years
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €634k in 2025 against €91k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.71M
Fixed assets
€637k ▼ 17.5%
Current assets
€1.07M ▼ 30.6%
Key figures and ratios
EBITDA
€-431k▼
2024 · €103k
Cash flow
€-494k▼
2024 · €52k
Solvency
-5.2%▼
2024 · 26.2%
Current ratio
0.76▼
2024 · 1.41
Quick ratio
0.43▼
2024 · 0.92
Debt to equity
-20.11▼
2024 · 2.81
ROA
-40.8%▼
2024 · -6.1%
Interest coverage
-7.40▼
2024 · 1.16
Debt
€1.80M▲
2024 · €1.71M
Debt ≤ 1 year
€1.41M▲
2024 · €1.09M
Debt > 1 year
€363k▼
2024 · €552k
Income taxes
€165▼
2024 · €725
Staff costs
€684k▼
2024 · €804k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 59 lines
Balance sheet
Code20242025
Assets
Total assets20/58€2.32M€1.71M▼
Formation expenses20€3k€2k▼
Fixed assets21/28€772k€637k▼
Tangible fixed assets22/27€757k€622k▼
Land and buildings22€132k€98k▼
Plant, machinery and equipment23€556k€455k▼
Furniture and vehicles24€69k€69k▲
Financial fixed assets28€15k€15k=
Current assets29/58€1.54M€1.07M▼
Stocks and contracts in progress3€535k€458k▼
Stocks30/36€535k€458k▼
Amounts receivable within one year40/41€259k€163k▼
Trade receivables40€192k€112k▼
Other amounts receivable41€66k€50k▼
Cash at bank and in hand54/58€672k€432k▼
Deferred charges and accrued income490/1€75k€17k▼
Equity and liabilities
Total equity and liabilities10/49€2.32M€1.71M▼
Equity10/15€608k€-89k▼
Contributions10/11€125k€125k=
Capital10€125k€125k=
Issued capital100€125k€125k=
Reserves13€334k€334k=
Non-distributable reserves130/1€13k€13k=
Legal reserve130€13k€13k=
Distributable reserves133€322k€322k=
Profit (loss) carried forward14€148k€-549k▼
Amounts payable17/49€1.71M€1.80M▲
Amounts payable after more than one year17€552k€363k▼
Financial debts170/4€548k€359k▼
Other amounts payable178/9€4k€4k=
Amounts payable within one year42/48€1.09M€1.41M▲
Current portion of amounts payable after more than one year42€213k€225k▲
Trade debts44€705k€1.04M▲
Suppliers440/4€705k€1.04M▲
Taxes, remuneration and social security45€119k€103k▼
Taxes450/3€28k€2k▼
Remuneration and social security454/9€91k€100k▲
Other amounts payable47/48€54k€39k▼
Accrued charges and deferred income492/3€65k€25k▼
Income statement
Code20242025
Non-recurring operating income76A€22k-
Remuneration, social security and pensions62€804k€684k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€194k€203k▲
Other operating charges640/8€68k€27k▼
Non-recurring operating charges66A€307-
Gross operating margin9900€975k€281k▼
Operating profit (loss)9901€-91k€-634k▼
Financial income75/76B€48k€22k▼
Recurring financial income75€48k€21k▼
Non-recurring financial income76B-€1k
Financial charges65/66B€98k€84k▼
Recurring financial charges65€89k€58k▼
Non-recurring financial charges66B€9k€26k▲
Profit (loss) for the period before taxes9903€-141k€-697k▼
Income taxes67/77€725€165▼
Profit (loss) for the period9904€-141k€-697k▼
Profit (loss) for the period to be appropriated9905€-141k€-697k▼
Appropriation of the result
Profit (loss) to be appropriated9906€148k€-549k▼
Profit (loss) brought forward from the previous period14P€290k€148k▼
Social balance
Average headcount (FTE)908727.022.8▼
The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €2k | €13k | €6k | €22k | - | - |
| Remuneration, social security and pensions62 | €600k | €636k | €710k | €804k | €684k | ▼ 15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €242k | €245k | €234k | €194k | €203k | ▲ 4.9% |
| Other operating charges640/8 | €15k | €24k | €79k | €68k | €27k | ▼ 59.4% |
| Non-recurring operating charges66A | €6k | €1k | €936 | €307 | - | - |
| Gross operating margin9900 | €1.33M | €1.21M | €1.23M | €975k | €281k | ▼ 71.2% |
| Operating profit (loss)9901 | €470k | €305k | €203k | €-91k | €-634k | ▼ 596% |
| Financial income75/76B | €28k | €23k | €33k | €48k | €22k | ▼ 55.0% |
| Recurring financial income75 | €28k | €23k | €33k | €48k | €21k | ▼ 57.5% |
| Non-recurring financial income76B | - | - | - | - | €1k | - |
| Financial charges65/66B | €64k | €58k | €76k | €98k | €84k | ▼ 13.9% |
| Recurring financial charges65 | €54k | €58k | €70k | €89k | €58k | ▼ 34.5% |
| Non-recurring financial charges66B | €10k | €729 | €7k | €9k | €26k | ▲ 191% |
| Profit (loss) for the period before taxes9903 | €435k | €269k | €159k | €-141k | €-697k | ▼ 395% |
| Income taxes67/77 | €135k | €68k | €50k | €725 | €165 | ▼ 77.2% |
| Profit (loss) for the period9904 | €300k | €202k | €110k | €-141k | €-697k | ▼ 393% |
| Profit (loss) for the period to be appropriated9905 | €300k | €202k | €110k | €-141k | €-697k | ▼ 393% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.32M | €2.38M | €2.39M | €2.32M | €1.71M | ▼ 26.2% |
| Formation expenses20 | €24k | €18k | €6k | €3k | €2k | ▼ 39.4% |
| Fixed assets21/28 | €1.12M | €940k | €740k | €772k | €637k | ▼ 17.5% |
| Tangible fixed assets22/27 | €1.12M | €932k | €717k | €757k | €622k | ▼ 17.8% |
| Land and buildings22 | €228k | €194k | €160k | €132k | €98k | ▼ 25.8% |
| Plant, machinery and equipment23 | €752k | €636k | €517k | €556k | €455k | ▼ 18.2% |
| Furniture and vehicles24 | €144k | €102k | €40k | €69k | €69k | ▲ 0.5% |
| Financial fixed assets28 | €1k | €8k | €23k | €15k | €15k | = |
| Current assets29/58 | €1.17M | €1.42M | €1.64M | €1.54M | €1.07M | ▼ 30.6% |
| Stocks and contracts in progress3 | €370k | €498k | €471k | €535k | €458k | ▼ 14.3% |
| Stocks30/36 | €370k | €498k | €471k | €535k | €458k | ▼ 14.3% |
| Amounts receivable within one year40/41 | €120k | €63k | €141k | €259k | €163k | ▼ 37.2% |
| Trade receivables40 | €84k | €36k | €100k | €192k | €112k | ▼ 41.6% |
| Other amounts receivable41 | €36k | €27k | €41k | €66k | €50k | ▼ 24.4% |
| Cash at bank and in hand54/58 | €669k | €825k | €1.02M | €672k | €432k | ▼ 35.8% |
| Deferred charges and accrued income490/1 | €14k | €39k | €7k | €75k | €17k | ▼ 77.2% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.32M | €2.38M | €2.39M | €2.32M | €1.71M | ▼ 26.2% |
| Equity10/15 | €437k | €639k | €749k | €608k | €-89k | ▼ 115% |
| Contributions10/11 | €125k | €125k | €125k | €125k | €125k | = |
| Capital10 | €125k | €125k | €125k | €125k | €125k | = |
| Issued capital100 | €125k | €125k | €125k | €125k | €125k | = |
| Reserves13 | €312k | €312k | €334k | €334k | €334k | = |
| Non-distributable reserves130/1 | €13k | €13k | €13k | €13k | €13k | = |
| Legal reserve130 | €13k | €13k | €13k | €13k | €13k | = |
| Distributable reserves133 | €300k | €300k | €322k | €322k | €322k | = |
| Profit (loss) carried forward14 | - | €202k | €290k | €148k | €-549k | ▼ 470% |
| Amounts payable17/49 | €1.88M | €1.74M | €1.64M | €1.71M | €1.80M | ▲ 5.3% |
| Amounts payable after more than one year17 | €990k | €794k | €598k | €552k | €363k | ▼ 34.3% |
| Financial debts170/4 | €986k | €790k | €594k | €548k | €359k | ▼ 34.6% |
| Other amounts payable178/9 | €4k | €4k | €4k | €4k | €4k | = |
| Amounts payable within one year42/48 | €853k | €913k | €1.01M | €1.09M | €1.41M | ▲ 29.3% |
| Current portion of amounts payable after more than one year42 | €205k | €196k | €196k | €213k | €225k | ▲ 6.0% |
| Trade debts44 | €438k | €506k | €678k | €705k | €1.04M | ▲ 48.1% |
| Suppliers440/4 | €438k | €506k | €678k | €705k | €1.04M | ▲ 48.1% |
| Taxes, remuneration and social security45 | €191k | €211k | €118k | €119k | €103k | ▼ 14.1% |
| Taxes450/3 | €135k | €147k | €37k | €28k | €2k | ▼ 91.2% |
| Remuneration and social security454/9 | €56k | €63k | €80k | €91k | €100k | ▲ 9.6% |
| Other amounts payable47/48 | €19k | €530 | €14k | €54k | €39k | ▼ 28.0% |
| Accrued charges and deferred income492/3 | €41k | €35k | €35k | €65k | €25k | ▼ 61.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €300k | €202k | €110k | €-141k | €-697k | ▼ 393% |
| + Depreciation and write-downs630 | €242k | €245k | €234k | €194k | €203k | ▲ 4.9% |
| Operating cash flow (approximation) | €542k | €446k | €344k | €52k | €-494k | ▼ 1,043% |
| Investment in fixed assets (approximation) | - | €-60k | €-34k | €-226k | €-69k | ▲ 69.7% |
| Change in cash | - | €156k | €200k | €-352k | €-241k | ▲ 31.6% |
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
09-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 40 days late
2025
31-12
Financial
Weakest financial yearnet €-697k
Net result drops to €-697k, the lowest in the series.
30-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 61 days late
2024
15-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 107 days late
2023
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 31 days late
2022
31-12
Financial
Equity above €500kEq €639k ▲46.1%
3 profitable years in a row build equity to €639k.
29-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 29 days late
2021
31-12
Financial
Equity above €200kEq €437k ▲218%
2 profitable years in a row build equity to €437k.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 30 days late
2020
31-12
Financial
Back to profitnet €609k
Net result €609k after one loss-making year.
31-12
Financial
Equity above €100kEq €138k ▲232%
Equity rises from €41k to €138k.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 91 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Liège · 1 establishment unit since 2018
Ground area
6,313 m²
Parcel 62815C0942/00T000, Wallonia. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Intermarché Super
since 20182.279.693.010
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62815C0942/00T000 | Wallonia | 6,313 m² | - | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteLiège2.279.693.010
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Of 12,957 companies in sector 47120 we hold annual accounts for 2,190. 1,050 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
Founded12-09-2018
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
47120Other non-specialised retail sale
Scores and ratios are computed by Checked and are not a credit decision.