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BURO-M

Active
Private limited companyfounded 2010active for 16 yearsVictorialaan 9, 8400 Oostende, Belgium17 active companies are registered at this addressKBO/BCE: BE 0821.950.482
Summary

BURO-M has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €674,561 and a net result of €414,910. Equity is growing by about 73% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, abbreviated format

Equity
€674,561▲ 135%
2024 · €287,007
Total assets
€1.2m▲ 66.4%
2024 · €702,941
Net result
€414,910▲ 1,154%
2024 · €33,098
Working capital
€242,200▲ 234%
2024 · €72,553
Trend over the years

2023 to 2025, 3 financial years

The operating result recovers in 2025; 2025 is 894% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.6m 2025 Net result€0.4m 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line202320242025
Operating result€0.1m-€0.06m▼ 49.2%€0.6m▲ 894%
Net result€0.08m-€0.03m▼ 57.4%€0.4m▲ 1,154%
Equity€0.3m-€0.3m▲ 13.0%€0.7m▲ 135%
Total assets€0.7m-€0.7m▼ 5.8%€1.2m▲ 66.4%
Debt€0.5m-€0.4m▼ 15.7%€0.5m▲ 17.4%
Working capital€0.04m-€0.07m▲ 70.3%€0.2m▲ 234%
Staff (FTE)4.4-1.2▼ 72.7%0.4▼ 66.7%
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.2m
Fixed assets €715,504 ▲ 36.5%
Current assets €453,929 ▲ 154%
Equity and liabilities €1.2m
Equity €674,561 ▲ 135%
Provisions €12,649 ▲ 143%
Debt €482,222 ▲ 17.4%
Debt's share of the balance-sheet total falls from 58.4% to 41.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€662,291▲
2024 · €98,428
Cash flow
€481,438▲
2024 · €71,581
Current ratio
2.14▲
2024 · 1.68
Debt to equity
0.71▼
2024 · 1.43
ROE
61.5%▲
2024 · 11.5%
ROA
35.5%▲
2024 · 4.7%
Interest coverage
43.50▲
2024 · 8.29
Debt ≤ 1 year
€211,729▲
2024 · €106,145
Debt > 1 year
€267,368▼
2024 · €304,577
Income taxes
€162,530▲
2024 · €16,271
Staff costs
€51,801▼
2024 · €315,274
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,695 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95.3% still going

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,474 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 34,695 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 64 lines
Balance sheet Code20242025
Assets
Total assets20/58€0.7m€1.2m▲
Fixed assets21/28€0.5m€0.7m▲
Tangible fixed assets22/27€0.5m€0.7m▲
Land and buildings22€0.5m€0.7m▲
Plant, machinery and equipment23€0.005m€0▼
Furniture and vehicles24€0.01m€0.007m▼
Other tangible fixed assets26€0.004m€0▼
Financial fixed assets28€75€0▼
Current assets29/58€0.2m€0.5m▲
Amounts receivable within one year40/41€0.06m€0.3m▲
Trade receivables40€0.03m€0.1m▲
Other amounts receivable41€0.03m€0.1m▲
Current investments50/53€0.08m€0▼
Cash at bank and in hand54/58€0.04m€0.2m▲
Deferred charges and accrued income490/1€0.005m€0.003m▼
Equity and liabilities
Total equity and liabilities10/49€0.7m€1.2m▲
Equity10/15€0.3m€0.7m▲
Contributions10/11€0.02m€0.02m=
Reserves13€0.3m€0.7m▲
Non-distributable reserves130/1€0.004m€0.004m=
Reserves not available under the articles1311€0.004m€0.004m=
Tax-exempt reserves132€0.02m€0.05m▲
Distributable reserves133€0.2m€0.6m▲
Profit (loss) carried forward14€350€0▼
Provisions and deferred taxes16€0.005m€0.01m▲
Deferred taxes168€0.005m€0.01m▲
Amounts payable17/49€0.4m€0.5m▲
Amounts payable after more than one year17€0.3m€0.3m▼
Financial debts170/4€0.3m€0.3m▼
Amounts payable within one year42/48€0.1m€0.2m▲
Current portion of amounts payable after more than one year42€0.03m€0.03m▲
Trade debts44€0.01m€0.02m▲
Suppliers440/4€0.01m€0.02m▲
Taxes, remuneration and social security45€0.05m€0.005m▼
Taxes450/3€0.008m€0.005m▼
Remuneration and social security454/9€0.04m€0▼
Other amounts payable47/48€0.01m€0.2m▲
Accrued charges and deferred income492/3-€0.003m
Income statement Code20242025
Non-recurring operating income76A-€0.04m
Remuneration, social security and pensions62€0.3m€0.05m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.04m€0.07m▲
Other operating charges640/8€0.003m€0.003m▼
Gross operating margin9900€0.4m€0.7m▲
Operating profit (loss)9901€0.06m€0.6m▲
Financial income75/76B€0.001m€0.004m▲
Recurring financial income75€0.001m€0.004m▲
Financial charges65/66B€0.01m€0.02m▲
Recurring financial charges65€0.01m€0.02m▲
Profit (loss) for the period before taxes9903€0.05m€0.6m▲
Transfer from deferred taxes780€331€341▲
Transfer to deferred taxes680-€0.008m
Income taxes67/77€0.02m€0.2m▲
Profit (loss) for the period9904€0.03m€0.4m▲
Transfer from tax-exempt reserves789€0.001m€0.001m▲
Transfer to tax-exempt reserves689-€0.03m
Profit (loss) for the period to be appropriated9905€0.03m€0.4m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.03m€0.4m▲
Profit (loss) brought forward from the previous period14P€350€350=
Transfer from equity791/2€0€0.03m▲
Transfer to equity691/2€0.03m€0.4m▲
To other reserves6921€0.03m€0.4m▲
Profit to be distributed694/7€0€0.03m▲
Return on contributions (dividend)694€0€0.03m▲
Social balance sheet
Average headcount (FTE)90871.20.4▼

The notes to these accounts (27 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202320242025Change
Non-recurring operating income76A--€39,241-
Remuneration, social security and pensions62€240,930€315,274€51,801▼ 83.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36,949€38,483€66,528▲ 72.9%
Other operating charges640/8€2,659€2,977€2,586▼ 13.1%
Gross operating margin9900€398,522€416,679€716,679▲ 72.0%
Operating profit (loss)9901€117,983€59,944€595,763▲ 894%
Financial income75/76B€393€960€4,338▲ 352%
Recurring financial income75€393€960€4,338▲ 352%
Financial charges65/66B€10,294€11,868€15,225▲ 28.3%
Recurring financial charges65€10,294€11,868€15,225▲ 28.3%
Profit (loss) for the period before taxes9903€108,082€49,037€584,875▲ 1,093%
Transfer from deferred taxes780€331€331€341▲ 3.0%
Transfer to deferred taxes680--€7,777-
Income taxes67/77€30,714€16,271€162,530▲ 899%
Profit (loss) for the period9904€77,700€33,098€414,910▲ 1,154%
Transfer from tax-exempt reserves789€1,326€1,326€1,366▲ 3.0%
Transfer to tax-exempt reserves689--€31,108-
Profit (loss) for the period to be appropriated9905€79,026€34,423€385,167▲ 1,019%
Line202320242025Change
Assets
Total assets20/58€0.7m€0.7m€1.2m▲ 66.4%
Fixed assets21/28€0.6m€0.5m€0.7m▲ 36.5%
Tangible fixed assets22/27€0.6m€0.5m€0.7m▲ 36.5%
Land and buildings22€0.5m€0.5m€0.7m▲ 41.6%
Plant, machinery and equipment23€0.007m€0.005m€0▼ 100%
Furniture and vehicles24€0.02m€0.01m€0.007m▼ 53.6%
Other tangible fixed assets26€0.008m€0.004m€0▼ 100.0%
Financial fixed assets28€75€75€0▼ 100%
Current assets29/58€0.2m€0.2m€0.5m▲ 154%
Amounts receivable within one year40/41€0.06m€0.06m€0.3m▲ 379%
Trade receivables40€0.04m€0.03m€0.1m▲ 414%
Other amounts receivable41€0.03m€0.03m€0.1m▲ 345%
Current investments50/53-€0.08m€0▼ 100%
Cash at bank and in hand54/58€0.1m€0.04m€0.2m▲ 324%
Deferred charges and accrued income490/1€0.008m€0.005m€0.003m▼ 37.5%
Equity and liabilities
Total equity and liabilities10/49€0.7m€0.7m€1.2m▲ 66.4%
Equity10/15€0.3m€0.3m€0.7m▲ 135%
Contributions10/11€0.02m€0.02m€0.02m=
Reserves13€0.2m€0.3m€0.7m▲ 145%
Non-distributable reserves130/1€0.004m€0.004m€0.004m=
Reserves not available under the articles1311€0.004m€0.004m€0.004m=
Tax-exempt reserves132€0.02m€0.02m€0.05m▲ 143%
Distributable reserves133€0.2m€0.2m€0.6m▲ 148%
Profit (loss) carried forward14€350€350€0▼ 100%
Provisions and deferred taxes16€0.006m€0.005m€0.01m▲ 143%
Deferred taxes168€0.006m€0.005m€0.01m▲ 143%
Amounts payable17/49€0.5m€0.4m€0.5m▲ 17.4%
Amounts payable after more than one year17€0.3m€0.3m€0.3m▼ 12.2%
Financial debts170/4€0.3m€0.3m€0.3m▼ 12.2%
Amounts payable within one year42/48€0.1m€0.1m€0.2m▲ 99.5%
Current portion of amounts payable after more than one year42€0.03m€0.03m€0.03m▲ 1.0%
Trade debts44€0.02m€0.01m€0.02m▲ 34.7%
Suppliers440/4€0.02m€0.01m€0.02m▲ 34.7%
Taxes, remuneration and social security45€0.06m€0.05m€0.005m▼ 89.5%
Taxes450/3€0.02m€0.008m€0.005m▼ 38.8%
Remuneration and social security454/9€0.04m€0.04m€0▼ 100%
Other amounts payable47/48€0.04m€0.01m€0.2m▲ 1,029%
Accrued charges and deferred income492/3--€0.003m-
Line202320242025Change
Profit (loss) for the period9904€77,700€33,098€414,910▲ 1,154%
+ Depreciation and write-downs630€36,949€38,483€66,528▲ 72.9%
Operating cash flow (approximation)€114,649€71,581€481,438▲ 573%
Investment in fixed assets (approximation)--€5,403-€257,788▼ 4,671%
Change in cash--€74,942€135,944-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (3)
Financial year Type Filed Reference
31-12-2025 abbreviated format 29-06-2026 2026-00228859
31-12-2024 abbreviated format 18-08-2025 2025-00384258
31-12-2023 abbreviated format 27-05-2024 2024-00098692

Subsidies and aid

Flemish government

2022 · 1 entry · €1,129 awarded · €1,129 paid
Schemes
1 entry · €1,129 · €1,129 paid · Departement Werk en Sociale Economie

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.