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Burinvest

Active
Public limited companyfounded 1975active for 51 yearsLéon Lepagestraat 19, 1000 Brussel, BelgiumKBO/BCE: BE 0415.474.160
Summary

Burinvest has been active since 1975 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1.3m) and a net result of €224,921. Equity is shrinking by about 14% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.8% (low).

Overview

Activity
Activity not known1 site
Size
€464,608total assets 2025
Equity
-€1.3m
Profit
€224,921
Financial health
56 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.8%
Structure
Largest shareholder
HOLDINVEST · 46.86%
  • Makshaff Services (Europe) Ltd.Director · permanent representative Asif Jamal
  • Asif JamalDirector
Accounts filed 5 days late3 of 14 deeds read
Why 56raises riskCapped at 59: negative equity1 change of registered office in 24 monthsNegative equity -€1.3mlowers riskSize: total assets €464,608Figures for financial year 2025 (filed 05-08-2026)Show the evidence

Checked score

Score 2025
56 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 57% of its sector peers (no NACE code, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 0=
equity -269.6% of total assets
Liquidity 63+7
short-term debt 9.3% · cash 10.4%
Profitability 100+100
return on assets 48.4%
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%

About 8 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 0.7%lowest value 12-2024: 0.9%▲ +0.2 percentage points vs 11-2024 01-2025: 1.6%▲ +0.7 percentage points vs 12-2024 02-2025: 1.6%● unchanged vs 01-2025 03-2025: 1.6%● unchanged vs 02-2025 04-2025: 1.5%▼ -0.1 percentage points vs 03-2025 05-2025: 1.5%● unchanged vs 04-2025 06-2025: 1.5%● unchanged vs 05-2025 07-2025: 1.5%● unchanged vs 06-2025 08-2025: 1.7%▲ +0.2 percentage points vs 07-2025 09-2025: 1.9%▲ +0.2 percentage points vs 08-2025 10-2025: 1.9%● unchanged vs 09-2025 11-2025: 1.2%▼ -0.7 percentage points vs 10-2025 12-2025: 1.5%▲ +0.3 percentage points vs 11-2025 01-2026: 2.6%▲ +1.1 percentage points vs 12-2025 02-2026: 2.6%● unchanged vs 01-2026 03-2026: 3.4%▲ +0.8 percentage points vs 02-2026 04-2026: 3.4%● unchanged vs 03-2026 05-2026: 5.3%▲ +1.9 percentage points vs 04-2026 06-2026: 6.1%▲ +0.8 percentage points vs 05-2026 07-2026: 6.5%▲ +0.4 percentage points vs 06-2026 08-2026: 6.8%▲ +0.3 percentage points vs 07-2026highest value 09-2026: 0.8%▼ -6.0 percentage points vs 08-2026 10-2026: 0.8%● unchanged vs 09-2026
No credit on open account
Liquidity ample (current ratio 3.69, compared with 0.61 in 2024, above the usual 1.5; short-term debt: 9.3% and cash: 10.4% of total assets), but equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (no NACE code, micro): better than 5% on solvency, 60% on liquidity, 90% on profitability and 73% on growth.

The bankruptcy probability was computed on 21-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €464,608
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
lowers risk · Figures for financial year 2025 (filed 05-08-2026)
NBB · annual accounts
raises risk · Negative equity -€1.3m
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 05-08-2026, 5 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
5 days late
2024
197 days late
2023
439 days late
2022
23 days late
2021
38 days early
2020
144 days late
2019
181 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 136 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 23 August (4 of the last 5 filed years within 174 days of that day).
Companies Code · seven months
Where today falls in the filing period
22-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointment: Asif Jamal (director)Declaration
  2. Annual accounts filedfinancial year 2025 · full…
  3. Registered officeRegistered-office move

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€1.3m View
  • Positive: Back in profit in 2025after -€11.1m in 2024 €224,921 View
  • New directorlatest change 14-07-2026 · 2 in office 1 joined View
  • Active since 1975founded 25-06-1975 51 years View

By topic

Financials

Financial year
2025
Total assets
€464,608
Profit
€224,921
Solvency
-269.6%
Total assets▼ 8.6%
Net result
20182025
Go to Financials

Board & ownership

Board
2 members
Largest shareholder
HOLDINVEST · 46.86%
  • Makshaff Services (Europe) Ltd.Director
  • Asif JamalDirector
Go to Board & ownership

Timeline

Events
57
Since
1978
Next accounts
by 31-07-2027
  1. 13-02-2026Annual accounts filed
  2. 31-12-2025Back to profit
  3. 31-12-2025Liquidity times 6
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Founded
25-06-1975
Year ends
31-12
Peppol
Not found in the Peppol directory
Go to Company details

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