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BURO PROJECT

Active
Public limited companyfounded 2002active for 23 yearsKorte Keppestraat 9, 9320 Aalst, Belgium26 active companies are registered at this addressKBO/BCE: BE 0478.993.027
Summary

BURO PROJECT has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.5m and a net result of €609,042. Equity is growing by about 6.3% per year across the filed financial years. Its solvency ranks better than 37% of 5,019 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Risk analysisFollow ReportCompare
BURO PROJECTActiveChecked score 90/100
Risk analysis ReportCompare

Overview

Activity
Retail sale of household furniture
NACE 47551Wholesale trade NACE 46472
4th fastest staff growth in Aalst, Wholesale and retail trade sector2 sites
Size
€20.2mturnover 2025
Staff
26.8 FTE
Equity
€2.5m
Profit
€609,042
Financial health
90 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Structure
Parent
Het Eiland · 100%
  • FDK InvestDirector · permanent representative de Krieke Frédéric
  • NummusDirector · permanent representative Vanroy Stefaan
  • BURO PROJECT OFFICEManaging director · permanent representative Taeldeman Jurgen
Auditor: SD Bedrijfsrevisoren2025 accounts 45 days early3 of 15 deeds summarised
Why 90raises riskSector: Retail trade (NACE 47)lowers riskFounded in 2002Size: turnover €20.2m, 26.8 FTE, total assets €10.1mProfit of €609,042 (financial year 2025)Show the evidence

Checked score

Score 2025
90 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 34% of its sector peers (NACE 47, small)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 50-23
equity 24.8% of total assets
Liquidity 30-19
short-term debt 74.2% · cash 16.3%
Profitability 64-19
return on assets 6.0%
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

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

Sector median 0.4% (3,693 companies, NACE 47, small)
Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.1%● unchanged vs 04-2025 06-2025: 0.1%● unchanged vs 05-2025 07-2025: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: 0.1%● unchanged vs 01-2026lowest value 03-2026: 0.1%● unchanged vs 02-2026lowest value 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.2%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.1%▼ -0.1 percentage points vs 09-2026
Credit of up to €220,000 on 30-day terms is acceptable
Liquidity tight (current ratio 1.25, compared with 1.86 in 2024, below the usual 1.5; short-term debt: 74.2% and cash: 16.3% of total assets), and 75.2% of the assets are financed with debt and provisions.
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 (NACE 47, small): better than 42% on solvency, 31% on liquidity, 46% on profitability and 18% on growth.

The bankruptcy probability was computed on 27-10-2026 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 · Founded in 2002
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
lowers risk · Size: turnover €20.2m, 26.8 FTE, total assets €10.1m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Profit of €609,042 (financial year 2025)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
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 days early
2024
37 days early
2023
36 days early
2022
38 days early
2021
32 days early
2020
12 days early
2019
45 days 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 (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed 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 24 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. RestructuringMerger · Shareholding · Declaration
  2. Annual accounts filedfinancial year 2025 · full…
  3. Reappointment: BURO PROJECT OFFICE (director)Permanent representative: Taeldeman Jurgen

Key points

  • Caution: Result fell in 2025from €1.6m to €609,042 ▼ 61.3% View
  • Positive: Among the best 10% on net resultsector median €39,953 · 5,018 companies €609,042 View
  • Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View
  • Positive: 8 profitable years in a rowprofit 2025: €609,042 8 years View
  • Controlled by Het Eiland 100% View

By topic

Financials

Financial year
2025
Turnover
€20.2m
Profit
€609,042
Solvency
24.8%
Turnover▼ 6.5%
Net result
20202025
Go to Financials

Board & ownership

Board
3 members
Parent
Het Eiland · 100%
Auditor
SD Bedrijfsrevisoren
  • FDK InvestDirector
  • NummusDirector
  • BURO PROJECT OFFICEManaging director
Go to Board & ownership

Timeline

Events
28
Since
2004
Next accounts
by 31-07-2027
  1. 24-06-2025Annual accounts filed
  2. 31-12-2024Highest result from 2018 to 2025
  3. 25-06-2024Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Public limited company
Activity
Retail sale of household furnitureNACE 47551
Founded
11-12-2002
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
7
Purpose
“De aan- en verkoop, produceren, ontwikkelen van kantoormeubilair en aanhorigheden en alles…” (deed in Dutch)
Go to Articles of association

Key facts about BURO PROJECT

What is the company number of BURO PROJECT?
0478.993.027. In Belgium the VAT number is the company number with BE in front: BE 0478.993.027.
Where is BURO PROJECT based?
The registered office is at Korte Keppestraat 9, 9320 Aalst.Company details
What does BURO PROJECT do?
According to the KBO register, the main activity is retail sale of household furniture (NACE 47551).
What is the legal form of BURO PROJECT?
Public limited company (NV).
When was BURO PROJECT founded?
On 11-12-2002.
Is BURO PROJECT still active?
Yes, BURO PROJECT is an active enterprise in the KBO register.
How many employees does BURO PROJECT have?
On average 26.8 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of BURO PROJECT?
€20.2m in financial year 2025, according to the filed annual accounts.
Is BURO PROJECT profitable?
In financial year 2025, BURO PROJECT made a profit of €609,042.
Where can I find the annual accounts of BURO PROJECT?
BURO PROJECT filed 23 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of BURO PROJECT due?
By 31-07-2027, for financial year 2026.Timeline

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How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Is the workforce growing, and do people stay?Employer check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What support did similar companies receive that this one did not?Subsidies

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