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Buro Vector

Active
Private limited companyfounded 2023active for 3 yearsOude Mesenweg 10A, 8940 Wervik, BelgiumKBO/BCE: BE 1001.308.531

Financials · financial year 2025, micro format

2025 annual accounts filed 2 days after the deadline Filed on 2 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00030634.

Annual accounts 2025 filed on 02-02-2026 PDF all 2 filings

Turnover
≈ €270,000
Estimated: probably between €210,000 and €360,000
Total assets
€199,278▲ 188%
2024 · €69,305
Net result
€58,101▲ 424%
2024 · €11,083
Working capital
€49,900
2024 · -€12,059
Trend over the years

2024 to 2025, 2 financial years

The operating result for 2025 is over 5 times that of 2024.

Operating result€74,918 2025 Net result€58,101 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

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

The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Operating result€14,852-€74,918▲ 404%
Net result€11,083within the sector's middle half-€58,101above the sector's middle half▲ 424%
Equity€16,083below the sector's middle half-€74,184within the sector's middle half▲ 361%
Total assets€69,305within the sector's middle half-€199,278within the sector's middle half▲ 188%
Debt€53,222-€125,094▲ 135%
Working capital-€12,059below the sector's middle half-€49,900within the sector's middle half
Solvency23.2%below the sector's middle half-37.2%within the sector's middle half▲ 14.0pp
Current ratio0.77below the sector's middle half-1.40within the sector's middle half▲ 0.63
Return on assets (ROA)16.0%within the sector's middle half-29.2%above the sector's middle half▲ 13.2pp
Staff (FTE)0.7-1▲ 42.9%
above within below The sector band is the middle half of the companies in Architectural and engineering activities; technical testing and analysis (NACE 71). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €199,278
Fixed assets €24,284 ▼ 13.7%
Current assets €174,994 ▲ 325%
Equity and liabilities €199,278
Equity €74,184 ▲ 361%
Debt €125,094 ▲ 135%
Debt's share of the balance-sheet total falls from 76.8% to 62.8%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€81,129▲
2024 · €16,855
Cash flow
€64,312▲
2024 · €13,086
Debt to equity
1.69▼
2024 · 3.31
ROE
78.3%▲
2024 · 68.9%
Interest coverage
53.04▲
2024 · 33.58
Debt ≤ 1 year
€125,094▲
2024 · €53,222
Income taxes
€15,305▲
2024 · €3,268
Staff costs
€52,670▲
2024 · €25,850
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as Buro Vector: activities of building architects (NACE 71111). They are comparable in size and age: total assets between €187,000 and €218,000, founded between 2023 and 2024.

CompanyFoundedTotal assetsEquityGross marginNet resultFinancial year
Buro Vector Wervik2023€199,278€74,184€134,679€58,1012025
études architecture & design Vorst2023€218,384€136,094€133,688€96,6562025
Studio SE Nazareth-De Pinte2024€209,606€172,930€141,632€100,7782026
Lieselotte Crijns Architecture Kontich2023€187,438€149,534€121,718€94,8662025
Benjamin Bosi - Architecte Arlon2024€207,268€160,565€127,438€87,8502025
ROHM Architecten Gent2024€198,961€27,736€144,238€101,7362025
BBB king Lokeren2023€211,392€172,043€151,845€100,0792025

They were chosen from the 6,489 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 39,278 companies had the same profile as Buro Vector has now. Two years later, 1.8% had gone bankrupt and 95.9% were still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.8% went bankrupt
2.3% stopped otherwise
95.9% was still going

The bankruptcy probability of Buro Vector itself is lower: < 0.1% within 12 months. It rests on far more data about Buro Vector than the profile alone.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 39,278 companies, not a prediction for Buro Vector. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Subsidies and aid

Flemish government

2024 to 2025 · 2 entries · €840 awarded · €840 paid
Year Entries AwardedPaid
2025 1 €180€180
2024 1 €660€660
Schemes
2 entries · €840 · €840 paid · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines

Source: Annual accounts 2025 (PDF), filed on 02-02-2026.

Balance sheet Code20242025
Assets
Total assets20/58€69,305€199,278▲
Fixed assets21/28€28,142€24,284▼
Tangible fixed assets22/27€28,142€24,284▼
Plant, machinery and equipment23-€1,108
Furniture and vehicles24€28,142€23,176▼
Current assets29/58€41,163€174,994▲
Amounts receivable within one year40/41€4,313€19,440▲
Trade receivables40€4,313€18,860▲
Other amounts receivable41-€580
Cash at bank and in hand54/58€36,850€152,482▲
Deferred charges and accrued income490/1-€3,072
Equity and liabilities
Total equity and liabilities10/49€69,305€199,278▲
Equity10/15€16,083€74,184▲
Contributions10/11€5,000€5,000=
Reserves13€11,083€69,184▲
Distributable reserves133€11,083€69,184▲
Amounts payable17/49€53,222€125,094▲
Amounts payable within one year42/48€53,222€125,094▲
Trade debts44€35,826€91,088▲
Suppliers440/4€35,826€91,088▲
Taxes, remuneration and social security45€13,279€27,709▲
Taxes450/3€10,383€18,274▲
Remuneration and social security454/9€2,897€9,434▲
Other amounts payable47/48€4,117€6,297▲
Income statement Code20242025
Remuneration, social security and pensions62€25,850€52,670▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,003€6,211▲
Other operating charges640/8€1,036€881▼
Gross operating margin9900€43,741€134,679▲
Operating profit (loss)9901€14,852€74,918▲
Financial income75/76B€1€17▲
Recurring financial income75€1€17▲
Financial charges65/66B€502€1,529▲
Recurring financial charges65€502€1,529▲
Profit (loss) for the period before taxes9903€14,350€73,405▲
Income taxes67/77€3,268€15,305▲
Profit (loss) for the period9904€11,083€58,101▲
Profit (loss) for the period to be appropriated9905€11,083€58,101▲
Appropriation of the result
Profit (loss) to be appropriated9906€11,083€58,101▲
Transfer to equity691/2€11,083€58,101▲
To other reserves6921€11,083€58,101▲

The notes to these accounts have 6 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).

Line20242025Change
Remuneration, social security and pensions62€25,850€52,670▲ 104%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,003€6,211▲ 210%
Other operating charges640/8€1,036€881▼ 15.0%
Gross operating margin9900€43,741€134,679▲ 208%
Operating profit (loss)9901€14,852€74,918▲ 404%
Financial income75/76B€1€17▲ 28×
Recurring financial income75€1€17▲ 28×
Financial charges65/66B€502€1,529▲ 205%
Recurring financial charges65€502€1,529▲ 205%
Profit (loss) for the period before taxes9903€14,350€73,405▲ 412%
Income taxes67/77€3,268€15,305▲ 368%
Profit (loss) for the period9904€11,083€58,101▲ 424%
Profit (loss) for the period to be appropriated9905€11,083€58,101▲ 424%
Line20242025Change
Assets
Total assets20/58€69,305€199,278▲ 188%
Fixed assets21/28€28,142€24,284▼ 13.7%
Tangible fixed assets22/27€28,142€24,284▼ 13.7%
Plant, machinery and equipment23-€1,108-
Furniture and vehicles24€28,142€23,176▼ 17.6%
Current assets29/58€41,163€174,994▲ 325%
Amounts receivable within one year40/41€4,313€19,440▲ 351%
Trade receivables40€4,313€18,860▲ 337%
Other amounts receivable41-€580-
Cash at bank and in hand54/58€36,850€152,482▲ 314%
Deferred charges and accrued income490/1-€3,072-
Equity and liabilities
Total equity and liabilities10/49€69,305€199,278▲ 188%
Equity10/15€16,083€74,184▲ 361%
Contributions10/11€5,000€5,000=
Reserves13€11,083€69,184▲ 524%
Distributable reserves133€11,083€69,184▲ 524%
Amounts payable17/49€53,222€125,094▲ 135%
Amounts payable within one year42/48€53,222€125,094▲ 135%
Trade debts44€35,826€91,088▲ 154%
Suppliers440/4€35,826€91,088▲ 154%
Taxes, remuneration and social security45€13,279€27,709▲ 109%
Taxes450/3€10,383€18,274▲ 76.0%
Remuneration and social security454/9€2,897€9,434▲ 226%
Other amounts payable47/48€4,117€6,297▲ 53.0%
Line20242025Change
Profit (loss) for the period9904€11,083€58,101▲ 424%
+ Depreciation and write-downs630€2,003€6,211▲ 210%
Operating cash flow (approximation)€13,086€64,312▲ 391%
Investment in fixed assets (approximation)--€2,352-
Change in cash-€115,632-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (2)
Financial year Type Filed Reference Document
30-06-2025 micro format 02-02-2026 2026-00030634 PDF
30-06-2024 micro format 10-02-2025 2025-00035956 PDF

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