BURO 7
Dissolution or liquidationThe KBO register records for BURO 7 the legal situation: dissolution or liquidation (code 012); this is today's state according to the register itself, which carries no start date. The 2025 annual accounts show equity of €289k and a net result of €-31k.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
181920212223232425
2018 to 2025 · latest year €-31k
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 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
26 d late
2023
14 d late
2023
324 d late
2022
30 d late
2021
26 d late
2020
22 d early
← before the deadline
after the deadline →
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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€289k▼ 14.9%
2024 · €339k
2018: €952k
2019: €1.34M
2020: €1.33M
2021: €1.42M
2022: €1.38M
2023: €1.38M
2023: €476k
2024: €339k
2018 → 2025
Total assets
€331k▼ 3.6%
2024 · €344k
2018: €2.08M
2019: €2.40M
2020: €2.41M
2021: €2.42M
2022: €1.40M
2023: €1.39M
2023: €484k
2024: €344k
2018 → 2025
Net result
€-31k▼ 338%
2024 · €-7k
2018: €18k
2019: €388k
2020: €-9k
2021: €91k
2022: €-33k
2023: €-4k
2023: €98k
2024: €-7k
2018 → 2025
Working capital
€28k▼ 63.7%
2024 · €78k
2018: €-706k
2019: €-82k
2020: €-65k
2021: €550k
2022: €1.13M
2023: €1.12M
2023: €215k
2024: €78k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202320242025Trend
Equity€1.38M-€1.38M▼ 0.3%€476k▼ 65.5%€339k▼ 28.8%€289k▼ 14.9%
Operating result€-49k-€-4k▲ 91.0%€-6k▼ 30.1%€-24k▼ 321%€-30k▼ 25.0%
Net result€-33k-€-4k▲ 86.9%€98k€-7k€-31k▼ 338%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
Multiple fiscal year ends fall in the same calendar year; an annual trend is not displayed.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €331k
Fixed assets
€261k▼ 0.3%
Current assets
€70k▼ 14.4%
Equity and liabilities €331k
Equity
€289k▼ 14.9%
Provisions
€1k=
Debt
€41k▲ 1,128%
The debt ratio rises from 1.0% to 12.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-30k▼
2024 · €-24k
Cash flow
€-31k▼
2024 · €-7k
Solvency
87.1%▼
2024 · 98.7%
Current ratio
1.68▼
2024 · 24.17
Quick ratio
1.68▼
2024 · 24.17
Debt / equity
0.14▲
2024 · 0.01
ROE
-10.6%▼
2024 · -2.1%
ROA
-9.2%▼
2024 · -2.0%
Interest coverage
-378.17▲
2024 · -442.93
Debt
€41k▲
2024 · €3k
Debt ≤ 1 year
€41k▲
2024 · €3k
Income taxes
€413▲
2024 · €401
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€344k€331k▼
Fixed assets21/28€262k€261k▼
Tangible fixed assets22/27€746€0▼
Other tangible fixed assets26€746€0▼
Financial fixed assets28€261k€261k=
Current assets29/58€82k€70k▼
Amounts receivable within one year40/41€60k€60k▼
Trade receivables40€0-
Other amounts receivable41€60k€60k▼
Cash at bank and in hand54/58€18k€10k▼
Deferred charges and accrued income490/1€3k€0▼
Equity and liabilities
Total equity and liabilities10/49€344k€331k▼
Equity10/15€339k€289k▼
Contributions10/11€227k€227k=
Reserves13€1.19M€1.19M=
Non-distributable reserves130/1€44k€44k=
Reserves not available under the articles1311€44k€44k=
Distributable reserves133€1.15M€1.15M=
Profit (loss) carried forward14€53k€22k▼
Advance to shareholders on the distribution of net assets19€1.14M€1.16M▲
Provisions and deferred taxes16€1k€1k=
Provisions for liabilities and charges160/5€1k€1k=
Other liabilities and charges164/5€1k€1k=
Amounts payable17/49€3k€41k▲
Amounts payable within one year42/48€3k€41k▲
Financial debts43€202€17▼
Credit institutions430/8€202€17▼
Trade debts44€1k€4k▲
Suppliers440/4€1k€4k▲
Taxes, remuneration and social security45€2k€413▼
Taxes450/3€2k€413▼
Other amounts payable47/48€0€37k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€117€0▼
Other operating charges640/8€3k€1k▼
Non-recurring operating charges66A-€746
Gross operating margin9900€-21k€-28k▼
Operating profit (loss)9901€-24k€-30k▼
Financial income75/76B€18k€10▼
Recurring financial income75€18k€10▼
Financial charges65/66B€54€80▲
Recurring financial charges65€54€80▲
Profit (loss) for the period before taxes9903€-7k€-30k▼
Income taxes67/77€401€413▲
Profit (loss) for the period9904€-7k€-31k▼
Profit (loss) for the period to be appropriated9905€-7k€-31k▼
Appropriation of the result
Profit (loss) to be appropriated9906€53k€22k▼
Profit (loss) brought forward from the previous period14P€60k€53k▼
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
14-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 14 days late
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 324 days late
2023
31-12
Financial
Back to profitnet €98k
Net result €98k after 2 loss-making years.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
31-12
Financial
Weakest financial yearnet €-33k ▼137%
Net result drops to €-33k, the lowest in the series.
31-12
Financial
Liquidity times 183current ratio 284.11
Current ratio from 1.55 to 284.11; short-term debt falls from €997k to €4k.
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
31-12
Financial
Back to profitnet €91k
Net result €91k after one loss-making year.
09-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
10-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Highest result since 2018net €388k ▲2008%
Operating result €419k, net result €388k, both a record.
31-12
Financial
Equity above €1MEq €1.34M ▲40.7%
2 profitable years in a row build equity to €1.34M.
24-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
02-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 2 days late
Financial 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
Registered office, Izegem · 1 establishment unit since 2007
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.
Hazelaarstraat 248870 IzegemGround area
987 m²
Building footprint
192 m²
Volume, LiDAR
1,025 m³
Parcel 36494D0614/00T000, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BURO 7
since 20072.165.977.831
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36494D0614/00T000 | Flanders | 987 m² | 1 · 192 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,696 companies in sector 68121 we hold annual accounts for 7,378. 5,186 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded10-10-2007
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
70111
68110Buying and selling of own real estate
70120
71121Engineering and related technical consultancy, excluding land surveyors
74203
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.