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BURO PROJECT

Active
Public limited companyfounded 200223 yrs activeKorte Keppestraat 9, 9320 Aalst, BelgiumKBO/BCE: BE 0478.993.027
Summary

BURO PROJECT has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.9m and a net result of €1.6m. Equity is growing by ~6.8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.6% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability83▼-1
Solvency73▲+9
Growth82▲+1
Track record100
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €280,000 at 30 days acceptable
Liquidity ample (current ratio 1.86 against 1.56 in 2023; short-term debt: 49.8% and cash: 18.7% of total assets), but 51.8% of the assets are financed with debt.
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Signals

Six 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 →
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
highest failure risk from 2 to 8 years 23 years 0 30 y
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
48.2%
Return on assets
19.4%
Age of the figures
21 mo
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 16-06-2026, 45 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
45 d early
2024
37 d early
2023
36 d early
2022
38 d early
2021
32 d early
2020
12 d early
2019
45 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 35 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.

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. Usually files around 24 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
29-09-2026 today31-12-2026 close31-07-2027 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

History

BURO PROJECT was incorporated on 11 December 2002.1 Revenue grew from EUR 12 million in 2020 to EUR 22 million in 2024 and headcount from 23.2 full-time equivalents in 2018 to 25.4 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2020 and 2024

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Financials · fiscal year 2024, full schema

Turnover
€21.6m▲ 20.1%
2023 · €18.0m
EBIT margin
10.0%▼ 0.6pp
2023 · 10.7%
Net result
€1.6m▲ 12.7%
2023 · €1.4m
Working capital
€3.5m▲ 50.0%
2023 · €2.3m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover€11.5m€14.0m▲ 21.0%€18.2m▲ 30.6%€18.0m▼ 1.1%€21.6m▲ 20.1%
Operating result€1.0m▲ 2.0%€881,913▼ 12.7%€2.0m▲ 122%€1.9m▼ 1.7%€2.2m▲ 13.2%
Net result€737,826above the sector's middle half▲ 12.7%€638,562above the sector's middle half▼ 13.5%€1.4mabove the sector's middle half▲ 121%€1.4mabove the sector's middle half▼ 1.1%€1.6mabove the sector's middle half▲ 12.7%
EBIT margin8.8%6.3%▼ 2.4pp10.7%▲ 4.4pp10.7%▼ 0.1pp10.0%▼ 0.6pp
Equity€1.8mabove the sector's middle half▼ 13.1%€1.9mabove the sector's middle half▲ 7.7%€1.8mabove the sector's middle half▼ 5.3%€2.8mabove the sector's middle half▲ 49.6%€3.9mabove the sector's middle half▲ 41.4%
Total assets€4.6mabove the sector's middle half▲ 13.3%€5.5mabove the sector's middle half▲ 20.3%€6.1mabove the sector's middle half▲ 10.2%€7.1mabove the sector's middle half▲ 17.2%€8.1mabove the sector's middle half▲ 13.8%
Debt€2.8m▲ 41.3%€3.6m▲ 28.6%€4.2m▲ 18.7%€4.4m▲ 3.0%€4.2m▼ 3.7%
Working capital€2.6mabove the sector's middle half▲ 12.5%€1.5mabove the sector's middle half▼ 42.2%€1.5mabove the sector's middle half▲ 3.7%€2.3mabove the sector's middle half▲ 51.5%€3.5mabove the sector's middle half▲ 50.0%
Solvency39.5%within the sector's middle half▼ 12.0pp35.3%within the sector's middle half▼ 4.2pp30.4%within the sector's middle half▼ 5.0pp38.8%within the sector's middle half▲ 8.4pp48.2%within the sector's middle half▲ 9.4pp
Current ratio2.53above the sector's middle half▼ 0.121.44within the sector's middle half▼ 1.091.39within the sector's middle half▼ 0.051.56within the sector's middle half▲ 0.171.86within the sector's middle half▲ 0.31
Return on assets (ROA)16.1%above the sector's middle half▼ 0.1pp11.6%within the sector's middle half▼ 4.5pp23.2%above the sector's middle half▲ 11.6pp19.6%above the sector's middle half▼ 3.6pp19.4%above the sector's middle half▼ 0.2pp
Staff (FTE)18.2above the sector's middle half▼ 17.6%18.4above the sector's middle half▲ 1.1%21.9above the sector's middle half▲ 19.0%22.9above the sector's middle half▲ 4.6%25.4above the sector's middle half▲ 10.9%
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
€0€1.0m€2.0mOperating result 2020: €1.0m€1.0mNet result 2020: €737,826€737,826Operating result 2021: €881,913€881,913Net result 2021: €638,562€638,562Operating result 2022: €2.0m€2.0mNet result 2022: €1.4m€1.4mOperating result 2023: €1.9m€1.9mNet result 2023: €1.4m€1.4mOperating result 2024: €2.2m€2.2mNet result 2024: €1.6m€1.6m20202021202220232024€0€1m€2mOperating result 2022: €2.0m€2mNet result 2022: €1.4m€1.4mOperating result 2023: €1.9m€1.9mNet result 2023: €1.4m€1.4mOperating result 2024: €2.2m€2.2mNet result 2024: €1.6m€1.6m202220232024
The operating result recovers in 2024; 2024 is 13% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €8.1m
Fixed assets €589,448 ▼ 6.6%
Current assets €7.5m ▲ 15.8%
Equity and liabilities €8.1m
Equity €3.9m ▲ 41.4%
Debt €4.2m ▼ 3.7%
Debt's share of the balance-sheet total falls from 61.2% to 51.8%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€2.3m▲
2023 · €2.0m
Cash flow
€1.7m▲
2023 · €1.5m
Quick ratio
1.29▲
2023 · 1.25
Debt to equity
1.08▼
2023 · 1.58
ROE
40.3%▼
2023 · 50.6%
Interest coverage
43.94▲
2023 · 37.64
Debt ≤ 1 year
€4.0m▼
2023 · €4.2m
Debt > 1 year
€0▼
2023 · €15,257
Income taxes
€572,224▲
2023 · €497,458
Staff costs
€2.6m▲
2023 · €2.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 20,134 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.2% went bankrupt
4.7% stopped otherwise
95% still going

For this company itself Checked computes a bankruptcy probability of 0.6% 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 497,338 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% 1.9%
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% 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 20,134 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 · 2024 against 2023 · 89 lines
Balance sheet Code20232024
Assets
Total assets20/58€7.1m€8.1m▲
Fixed assets21/28€630,894€589,448▼
Intangible fixed assets21€120,359€79,351▼
Tangible fixed assets22/27€354,116€365,410▲
Land and buildings22€18,236€71,479▲
Plant, machinery and equipment23€38,927€39,696▲
Furniture and vehicles24€48,710€45,069▼
Other tangible fixed assets26€248,242€209,166▼
Financial fixed assets28€156,419€144,686▼
Other financial fixed assets284/8€156,419€144,686▼
Amounts receivable and cash guarantees285/8€156,419€144,686▼
Current assets29/58€6.5m€7.5m▲
Stocks and contracts in progress3€1.3m€2.3m▲
Stocks30/36€1.3m€2.3m▲
Goods purchased for resale34€1.3m€2.3m▲
Amounts receivable within one year40/41€3.8m€3.5m▼
Trade receivables40€3.8m€3.5m▼
Other amounts receivable41€19,873€64,836▲
Current investments50/53€78,400€78,400=
Other investments51/53€78,400€78,400=
Cash at bank and in hand54/58€1.2m€1.5m▲
Deferred charges and accrued income490/1€60,393€69,113▲
Equity and liabilities
Total equity and liabilities10/49€7.1m€8.1m▲
Equity10/15€2.8m€3.9m▲
Contributions10/11€187,200€187,200=
Capital10€187,200€187,200=
Issued capital100€187,200€187,200=
Reserves13€2.6m€3.7m▲
Non-distributable reserves130/1€18,720€18,720=
Legal reserve130€18,720€18,720=
Tax-exempt reserves132€306,510€306,510=
Distributable reserves133€2.2m€3.4m▲
Profit (loss) carried forward14€858€934▲
Amounts payable17/49€4.4m€4.2m▼
Amounts payable after more than one year17€15,257€0▼
Financial debts170/4€15,257€0▼
Credit institutions173€15,257€0▼
Amounts payable within one year42/48€4.2m€4.0m▼
Current portion of amounts payable after more than one year42€45,488€15,257▼
Financial debts43€0-
Credit institutions430/8€0-
Trade debts44€1.4m€1.3m▼
Suppliers440/4€1.4m€1.3m▼
Bills of exchange payable441€0-
Advances received on contracts in progress46€1.5m€2.1m▲
Taxes, remuneration and social security45€1.2m€634,204▼
Taxes450/3€883,870€296,033▼
Remuneration and social security454/9€320,730€338,171▲
Other amounts payable47/48€70,000€0▼
Accrued charges and deferred income492/3€172,332€162,131▼
Income statement Code20232024
Operating income70/76A€18.4m€22.0m▲
Turnover70€18.0m€21.6m▲
Other operating income74€380,767€362,717▼
Operating charges60/66A€16.5m€19.8m▲
Goods for resale, raw materials and consumables60€12.2m€14.7m▲
Purchases600/8€12.3m€15.7m▲
Change in stocks: decrease (increase)609-€129,017-€1.0m▼
Services and other goods61€1.9m€2.4m▲
Remuneration, social security and pensions62€2.3m€2.6m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€115,576€119,647▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€11,772-€5,245▲
Other operating charges640/8€19,340€10,219▼
Operating profit (loss)9901€1.9m€2.2m▲
Financial income75/76B€34,998€31,056▼
Recurring financial income75€34,998€31,056▼
Income from financial fixed assets750-€1,221
Income from current assets751€1,571€3,525▲
Other financial income752/9€33,427€26,311▼
Financial charges65/66B€63,336€61,365▼
Recurring financial charges65€63,336€61,365▼
Debt charges650€54,112€52,235▼
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651€0-
Other financial charges652/9€9,224€9,130▼
Profit (loss) for the period before taxes9903€1.9m€2.1m▲
Income taxes67/77€497,458€572,224▲
Taxes670/3€497,463€572,224▲
Tax adjustments and reversals of tax provisions77€6€0▼
Profit (loss) for the period9904€1.4m€1.6m▲
Transfer to tax-exempt reserves689€294,700€0▼
Profit (loss) for the period to be appropriated9905€1.1m€1.6m▲
Appropriation of the result
Profit (loss) to be appropriated9906€2.2m€1.6m▼
Profit (loss) brought forward from the previous period14P€1.1m€858▼
Transfer from equity791/2-€430,000
From reserves792-€430,000
Transfer to equity691/2€1.7m€1.6m▼
To other reserves6921€1.7m€1.6m▼
Profit to be distributed694/7€480,000€430,000▼
Return on contributions (dividend)694€480,000€430,000▼
Social balance
Average headcount (FTE)908722.925.4▲

The notes to these accounts (69 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Operating income70/76A-€14.2m€18.5m€18.4m€22.0m▲ 19.5%
Turnover70€11.5m€14.0m€18.2m€18.0m€21.6m▲ 20.1%
Other operating income74-€204,504€323,960€380,767€362,717▼ 4.7%
Operating charges60/66A-€13.3m€16.6m€16.5m€19.8m▲ 20.3%
Goods for resale, raw materials and consumables60-€9.1m€11.3m€12.2m€14.7m▲ 21.2%
Purchases600/8-€9.1m€11.6m€12.3m€15.7m▲ 28.1%
Change in stocks: decrease (increase)609--€42,970-€342,907-€129,017-€1.0m▼ 675%
Services and other goods61-€2.6m€3.2m€1.9m€2.4m▲ 25.1%
Remuneration, social security and pensions62-€1.4m€2.0m€2.3m€2.6m▲ 12.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€115,069€146,593€142,969€115,576€119,647▲ 3.5%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4--€9,003-€16,770-€11,772-€5,245▲ 55.4%
Other operating charges640/8-€14,599€11,208€19,340€10,219▼ 47.2%
Operating profit (loss)9901€1.0m€881,913€2.0m€1.9m€2.2m▲ 13.2%
Financial income75/76B-€49,879€39,874€34,998€31,056▼ 11.3%
Recurring financial income75€68,164€49,879€39,874€34,998€31,056▼ 11.3%
Income from financial fixed assets750----€1,221-
Income from current assets751-€163€4,146€1,571€3,525▲ 124%
Other financial income752/9-€49,715€35,728€33,427€26,311▼ 21.3%
Financial charges65/66B-€53,981€61,995€63,336€61,365▼ 3.1%
Recurring financial charges65€52,951€53,981€61,995€63,336€61,365▼ 3.1%
Debt charges650€36,873€37,674€42,610€54,112€52,235▼ 3.5%
Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals)651--€2,534-€3,438€0--
Other financial charges652/9-€18,841€22,823€9,224€9,130▼ 1.0%
Profit (loss) for the period before taxes9903€1.0m€877,811€1.9m€1.9m€2.1m▲ 13.3%
Income taxes67/77€287,257€239,249€522,145€497,458€572,224▲ 15.0%
Taxes670/3-€239,249€522,145€497,463€572,224▲ 15.0%
Tax adjustments and reversals of tax provisions77---€6€0▼ 100%
Profit (loss) for the period9904€737,826€638,562€1.4m€1.4m€1.6m▲ 12.7%
Transfer from tax-exempt reserves789-€77,500€0---
Transfer to tax-exempt reserves689---€294,700€0▼ 100%
Profit (loss) for the period to be appropriated9905€762,222€716,062€1.4m€1.1m€1.6m▲ 42.9%
Line20202021202220232024Change
Assets
Total assets20/58€4.6m€5.5m€6.1m€7.1m€8.1m▲ 13.8%
Fixed assets21/28€361,029€685,941€577,880€630,894€589,448▼ 6.6%
Intangible fixed assets21€80,642€112,373€70,756€120,359€79,351▼ 34.1%
Tangible fixed assets22/27€179,127€458,676€383,805€354,116€365,410▲ 3.2%
Land and buildings22-€30,072€15,523€18,236€71,479▲ 292%
Plant, machinery and equipment23-€48,618€41,180€38,927€39,696▲ 2.0%
Furniture and vehicles24-€65,145€43,862€48,710€45,069▼ 7.5%
Other tangible fixed assets26-€314,841€283,240€248,242€209,166▼ 15.7%
Financial fixed assets28€101,260€114,892€123,319€156,419€144,686▼ 7.5%
Other financial fixed assets284/8-€114,892€123,319€156,419€144,686▼ 7.5%
Amounts receivable and cash guarantees285/8-€114,892€123,319€156,419€144,686▼ 7.5%
Current assets29/58€4.2m€4.8m€5.5m€6.5m€7.5m▲ 15.8%
Stocks and contracts in progress3€759,300€802,269€1.2m€1.3m€2.3m▲ 77.7%
Stocks30/36-€802,269€1.2m€1.3m€2.3m▲ 77.7%
Goods purchased for resale34-€802,269€1.2m€1.3m€2.3m▲ 77.7%
Amounts receivable within one year40/41€2.8m€3.1m€3.1m€3.8m€3.5m▼ 7.3%
Trade receivables40-€2.7m€3.0m€3.8m€3.5m▼ 8.6%
Other amounts receivable41-€346,940€80,486€19,873€64,836▲ 226%
Current investments50/53---€78,400€78,400=
Other investments51/53---€78,400€78,400=
Cash at bank and in hand54/58€569,708€881,012€1.2m€1.2m€1.5m▲ 23.8%
Deferred charges and accrued income490/1-€48,809€26,778€60,393€69,113▲ 14.4%
Equity and liabilities
Total equity and liabilities10/49€4.6m€5.5m€6.1m€7.1m€8.1m▲ 13.8%
Equity10/15€1.8m€1.9m€1.8m€2.8m€3.9m▲ 41.4%
Contributions10/11€187,200€187,200€187,200€187,200€187,200=
Capital10-€187,200€187,200€187,200€187,200=
Issued capital100-€187,200€187,200€187,200€187,200=
Reserves13€559,598€559,598€559,598€2.6m€3.7m▲ 44.4%
Non-distributable reserves130/1-€18,720€18,720€18,720€18,720=
Legal reserve130-€18,720€18,720€18,720€18,720=
Tax-exempt reserves132-€11,810€11,810€306,510€306,510=
Distributable reserves133-€529,067€529,067€2.2m€3.4m▲ 50.9%
Profit (loss) carried forward14€1.1m€1.2m€1.1m€858€934▲ 8.9%
Amounts payable17/49€2.8m€3.6m€4.2m€4.4m€4.2m▼ 3.7%
Amounts payable after more than one year17€55,850€112,446€64,485€15,257€0▼ 100%
Financial debts170/4-€112,446€64,485€15,257€0▼ 100%
Credit institutions173-€112,446€64,485€15,257€0▼ 100%
Amounts payable within one year42/48€1.7m€3.4m€4.0m€4.2m€4.0m▼ 3.2%
Current portion of amounts payable after more than one year42-€93,867€47,961€45,488€15,257▼ 66.5%
Financial debts43-€364,563€137,764€0--
Credit institutions430/8-€114,563€137,764€0--
Other loans439-€250,000€0---
Trade debts44€523,033€1.4m€1.1m€1.4m€1.3m▼ 7.5%
Suppliers440/4-€1.4m€1.1m€1.4m€1.3m▼ 7.5%
Bills of exchange payable441--€2,500€0--
Advances received on contracts in progress46-€1.0m€1.5m€1.5m€2.1m▲ 43.6%
Taxes, remuneration and social security45-€519,811€936,781€1.2m€634,204▼ 47.4%
Taxes450/3-€377,868€640,667€883,870€296,033▼ 66.5%
Remuneration and social security454/9-€141,943€296,114€320,730€338,171▲ 5.4%
Other amounts payable47/48--€180,000€70,000€0▼ 100%
Accrued charges and deferred income492/3-€101,261€198,217€172,332€162,131▼ 5.9%
Line20202021202220232024Change
Profit (loss) for the period9904€737,826€638,562€1.4m€1.4m€1.6m▲ 12.7%
+ Depreciation and write-downs630€115,069€146,593€142,969€115,576€119,647▲ 3.5%
Operating cash flow (approximation)€852,895€785,155€1.6m€1.5m€1.7m▲ 12.0%
Investment in fixed assets (approximation)--€471,505-€34,909-€168,590-€78,201▲ 53.6%
Change in cash-€311,304€324,282€19,367€291,994▲ 1,408%

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

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
03-09
State Gazette act Restructuring
Merger · Shareholding · Declaration11 facts ▸
  • Merger, met fusie door overneming gelijkgestelde verrichting, bestuursorganen van KREE INTERIEUR BV en BURO PROJECT NV
  • Shareholding, 100
  • Shareholding, 100
  • Other statement, keuze publicatievorm, neerlegging en publicatie bij uittreksel
  • Other statement, motivering fusie, verwante activiteiten, kostenbesparing, vereenvoudiging vennootschapsstructuur, optimalisatie uitbating
  • Declaration, no special rights or other securities
  • Declaration, no special benefits for board members
  • Declaration, no real estate ownership
  • Declaration, no new shares issued
  • Purpose change
  • Other statement, document details
16-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
24-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Highest result since 2018net €1.6m ▲12.7%
Operating result €2.2m, net result €1.6m, both a record.
25-06
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Equity above €2mEq €2.8m ▲49.6%
6 profitable years in a row build equity to €2.8m.
23-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
29-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
19-07
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
16-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
03-07
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
04-06
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
24-07
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 15 acts read
About the unread acts

Of the 15 Belgian State Gazette acts we know for this company, 1 has been read. The other 14 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
15 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Aalst · 2 establishment units since 2002
seat establishment All 2 establishment units on the map
Ground area
8,918 m²
Building footprint
988 m²
Volume, LiDAR
16,404 m³
2 parcels, Flanders · tallest building 29.3 m, ±9 floors. Linked by address, not a title deed.
26 companies at this address See who is registered here
2 establishment units
BURO PROJECT
Korte Keppestraat 9, 9320 AalstNACE 5248702
since 20022.114.738.471
BURO PROJECT
Natiënlaan 163, 8300 Knokke-HeistWholesale trade
since 20212.313.797.418
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41342B0950/00M002 Flanders 7,939 m² 1 · 611 m² 29.3 m · 9 fl.
31039A0187/00L004 Flanders 979 m² 1 · 377 m² 9.8 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Articles of association

Purpose
De aan- en verkoop, produceren, ontwikkelen van kantoormeubilair en aanhorigheden en alles wat daarmee verband houdt, dit alles in de meest brede zin; Samenwerken met, deelnemen…
Full purpose (5 activities)
  1. De aan- en verkoop, produceren, ontwikkelen van kantoormeubilair en aanhorigheden en alles wat daarmee verband houdt, dit alles in de meest brede zin
  2. Samenwerken met, deelnemen in, of op gelijk welke wijze, rechtstreeks of onrechtstreeks, belangen nemen in andere ondernemingen
  3. Borg stellen tot waarborg van eigen verbintenissen als tot waarborg van verbintenissen van derden, onder meer door haar goederen in hypotheek of in pand te geven, inclusief de eigen handelszaak
  4. Optreden als bestuurder, volmachtdrager, mandataris of vereffenaar in andere vennootschappen of ondernemingen
  5. Alle commerciële, industriële, financiële, roerende of onroerende handelingen verrichten in rechtstreeks of onrechtstreeks verband met haar voorwerp of welke van aard zouden zijn de verwezenlijking ervan geheel of ten dele te vergemakkelijken
Other statement
4 provisions in the deed
Power of attorney
2 provisions in the deed

Structure & network

Owners and holdings

2 owners

Chain of control

  1. Het Eiland 100%
  2. BURO PROJECT

Highest known parent: Het Eiland. The sources do not say who stands above it.

Owners 2

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Acquisitions and mergers

1 transaction
BE 0450.646.261simplified merger · proposal · State Gazette act of 03-09-2026 (2 acts)

Capital and shareholders

Shareholders according to the acts
Stated in the act act of 03-09-2026 ↗

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Public money · subsidies and aid

Flemish government

2022 to 2025 · 5 entries · 31,900 EUR awarded · 31,900 EUR paid
Year Entries awardedpaid
2025 1 380 EUR380 EUR
2024 2 22,408 EUR22,408 EUR
2023 1 3,179 EUR3,179 EUR
2022 1 5,933 EUR5,933 EUR
Schemes
1 entry · 19,063 EUR · 19,063 EUR paid · Fonds voor Innoveren en Ondernemen
4 entries · 12,837 EUR · 12,837 EUR paid · Fonds voor Innoveren en Ondernemen

Recognitions · licences · registrations

Legal Entity Identifier

648888V45L2TKQZ5G010
live in the LEI register

Similar companies · same sector, comparable size

Of 2,605 companies in sector 47551 we hold annual accounts for 1,723. 521 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
Founded11-12-2002
Fiscal year end31-12
Activities, NACEBEL 2025
46472Wholesale trade
47551Retail sale of household furniture
E-invoicing
Reachable via Peppol
Peppol ID 0208:0478993027
Registered 27-03-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.