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BURO A

Active
Private limited companyfounded 198046 yrs activeKerkomtrek 18, 8930 Menen, BelgiumKBO/BCE: BE 0420.721.662

BURO A has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €60k and a net result of €34k. Equity is shrinking by ~14.4% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 67% of 19347 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).

Checked score

Score 2024
93 / 100
Excellent▲ +20 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency93▲+78
Growth58=
Stability100
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 1.84 against 1.04 in 2023), and 45.9% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Four signals. The signal on the left, the evidence on the right.
lowers riskneutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
elevated failure risk from 2 to 8 years 46 years 0 50 y
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-06-2025, 43 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
43 d early
2023
56 d early
2022
31 d early
2021
31 d early
2020
31 d early
2019
31 d early
← before the deadline after the 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

Financials · fiscal year 2024, micro schema

Equity
€60k▲ 135%
2023 · €25k
2018: €239k 2019: €229k 2020: €208k 2021: €226k 2022: €158k 2023: €25k
2018 → 2024
Total assets
€111k▼ 83.6%
2023 · €672k
2018: €300k 2019: €291k 2020: €267k 2021: €267k 2022: €294k 2023: €672k
2018 → 2024
Net result
€34k▼ 90.5%
2023 · €359k
2018: €3k 2019: €-10k 2020: €-21k 2021: €18k 2022: €32k 2023: €359k
2018 → 2024
Working capital
€43k▲ 86.4%
2023 · €23k
2018: €221k 2019: €210k 2020: €193k 2021: €210k 2022: €145k 2023: €23k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€208k-€226k▲ 8.9%€158k▼ 30.0%€25k▼ 83.9%€60k▲ 135%
Operating result€-21k-€26k€48k▲ 81.1%€490k▲ 924%€32k▼ 93.5%
Net result€-21k-€18k€32k▲ 74.6%€359k▲ 1,015%€34k▼ 90.5%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€-200k€0€200k€400kOperating result 2020: €-21k€-21kNet result 2020: €-21k€-21kOperating result 2021: €26k€26kNet result 2021: €18k€18kOperating result 2022: €48k€48kNet result 2022: €32k€32kOperating result 2023: €490k€490kNet result 2023: €359k€359kOperating result 2024: €32k€32kNet result 2024: €34k€34k20202021202220232024
The operating result falls in 2024; 2024 is 94% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €111k
Fixed assets €17k▲ 440%
Current assets €93k▼ 86.1%
Equity and liabilities €111k
Equity €60k▲ 135%
Debt €51k▼ 92.2%
The debt ratio falls from 96.2% to 45.9%: equity grows while debt is paid down.
Key figures and ratios
2024 value · change against 2023
EBITDA
€33k
2023 · €491k
Cash flow
€36k
2023 · €361k
Solvency
54.1%
2023 · 3.8%
Current ratio
1.84
2023 · 1.04
Quick ratio
1.84
2023 · 1.04
Debt / equity
0.85
2023 · 25.36
ROE
57.4%
ROA
31.0%
2023 · 53.5%
Interest coverage
8.31
2023 · 185.65
Debt
€51k
2023 · €647k
Debt ≤ 1 year
€51k
2023 · €646k
Income taxes
€20k
2023 · €129k
Staff costs
€43k
2023 · €95k
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 · 2024 against 2023
Balance sheet Code20232024
Assets
Total assets20/58€672k€111k
Fixed assets21/28€3k€17k
Tangible fixed assets22/27€3k€7k
Plant, machinery and equipment23€1k€741
Furniture and vehicles24€2k€5k
Other tangible fixed assets26-€2k
Financial fixed assets28-€10k
Current assets29/58€669k€93k
Amounts receivable within one year40/41€14k€34k
Trade receivables40€2k€2k
Other amounts receivable41€12k€32k
Current investments50/53€80k€2k
Cash at bank and in hand54/58€511k€45k
Deferred charges and accrued income490/1€64k€13k
Equity and liabilities
Total equity and liabilities10/49€672k€111k
Equity10/15€25k€60k
Contributions10/11€25k€25k=
Reserves13€490€35k
Distributable reserves133€490€35k
Profit (loss) carried forward14-€0
Amounts payable17/49€647k€51k
Amounts payable within one year42/48€646k€51k
Financial debts43€100k€0
Credit institutions430/8-€0
Other loans439€100k-
Trade debts44€3k€8k
Suppliers440/4€3k€8k
Taxes, remuneration and social security45€48k€42k
Taxes450/3€31k€38k
Remuneration and social security454/9€17k€4k
Other amounts payable47/48€494k€846
Accrued charges and deferred income492/3€622€167
Income statement Code20232024
Non-recurring operating income76A€402k€0
Remuneration, social security and pensions62€95k€43k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k
Other operating charges640/8€2k€800
Non-recurring operating charges66A€7k€0
Gross operating margin9900€596k€78k
Operating profit (loss)9901€490k€32k
Financial income75/76B€833€27k
Recurring financial income75€833€27k
Financial charges65/66B€3k€4k
Recurring financial charges65€3k€4k
Profit (loss) for the period before taxes9903€488k€54k
Income taxes67/77€129k€20k
Profit (loss) for the period9904€359k€34k
Profit (loss) for the period to be appropriated9905€359k€34k
Appropriation of the result
Profit (loss) to be appropriated9906€483k€34k
Profit (loss) brought forward from the previous period14P€123k€0
Transfer from equity791/2€9k€0
Transfer to equity691/2-€34k
To other reserves6921-€34k
Profit to be distributed694/7€492k€0
Return on contributions (dividend)694€492k€0

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
18-06
NBB filing Annual accounts filed
fiscal year 2024 · micro schema
2024
05-06
NBB filing Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial Highest result since 2018net €359k ▲1015%
Operating result €490k, net result €359k, both a record.
30-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
30-06
NBB filing Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial Back to profitnet €18k
Net result €18k after 2 loss-making years.
30-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial Weakest financial yearnet €-21k
Net result drops to €-21k, the lowest in the series; recovery starts the following year.
30-06
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
29-08
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
30-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
24-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 24 days late
2016
26-08
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema · 26 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
5 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, Menen · 1 establishment unit since 1980
establishment The establishment unit on the map
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.

Kerkomtrek 188930 Menen
Ground area
584 m²
Building footprint
579 m²
Volume, LiDAR
7,344 m³
Parcel 34027E0888/00C000, Flanders · tallest building 20.2 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
BURO A
Kerkomtrek 18, 8930 MenenNACE 65210
since 19802.017.915.150
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34027E0888/00C000 Flanders 584 m² 1 · 579 m² 20.2 m · 5 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.

Recognitions · licences · registrations

Legal Entity Identifier

96760061A1J13D4G5W87
no longer live in the LEI register

Similar companies · same sector, comparable size

Of 3,765 companies in sector 68321 we hold annual accounts for 1,390. 925 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification
Legal formPrivate limited company
Founded02-09-1980
Fiscal year end31-12
Activities, NACEBEL
68321Property management for co-owned buildings (syndics)
Sources
Crossroads Bank for EnterprisesNational Bank · 44 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.

Contact details

1 entry
Enterprise