Buro25
ActiveSummary
Buro25 has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €126,099 and a net result of €40,410. Equity is growing by ~21.2% per year across the filed fiscal years. Its solvency ranks better than 35% of 13085 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability85▼-2
Solvency65▼-35
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity ample (current ratio 1.57 against 7.9 in 2024; short-term debt: 59% and cash: 34% of total assets), but 60.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
39.9%
Return on assets
12.8%
Age of the figures
12 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 11-01-2026, 109 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
109 d early
2024
132 d early
2023
90 d early
2022
73 d early
2021
93 d early
2020
147 d early
2019
107 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 107 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today. Usually files around 27 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 close01-10-2026 today30-04-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€126,099▼ 51.1%
2024 · €258,124
Total assets
€315,668▲ 3.1%
2024 · €306,062
Net result
€40,410▼ 7.1%
2024 · €43,511
Working capital
€106,661▼ 55.1%
2024 · €237,637
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€102,585▲ 58.1%€82,317▼ 19.8%€63,623▼ 22.7%€58,513▼ 8.0%€53,930▼ 7.8%
Net result€72,112above the sector's middle half▲ 59.3%€57,917within the sector's middle half▼ 19.7%€46,111within the sector's middle half▼ 20.4%€43,511within the sector's middle half▼ 5.6%€40,410within the sector's middle half▼ 7.1%
Equity€147,185within the sector's middle half▲ 37.7%€171,769within the sector's middle half▲ 16.7%€216,279within the sector's middle half▲ 25.9%€258,124above the sector's middle half▲ 19.3%€126,099within the sector's middle half▼ 51.1%
Total assets€197,262within the sector's middle half▲ 28.3%€217,173within the sector's middle half▲ 10.1%€275,562within the sector's middle half▲ 26.9%€306,062within the sector's middle half▲ 11.1%€315,668within the sector's middle half▲ 3.1%
Debt€50,077▲ 6.8%€45,404▼ 9.3%€59,283▲ 30.6%€47,938▼ 19.1%€189,569▲ 295%
Working capital€139,842within the sector's middle half▲ 47.0%€164,027within the sector's middle half▲ 17.3%€194,258above the sector's middle half▲ 18.4%€237,637above the sector's middle half▲ 22.3%€106,661within the sector's middle half▼ 55.1%
Solvency74.6%within the sector's middle half▲ 5.1pp79.1%above the sector's middle half▲ 4.5pp78.5%above the sector's middle half▼ 0.6pp84.3%above the sector's middle half▲ 5.9pp39.9%within the sector's middle half▼ 44.4pp
Current ratio3.79within the sector's middle half▲ 0.664.61above the sector's middle half▲ 0.826.43above the sector's middle half▲ 1.827.90above the sector's middle half▲ 1.471.57within the sector's middle half▼ 6.33
Return on assets (ROA)36.6%above the sector's middle half▲ 7.1pp26.7%within the sector's middle half▼ 9.9pp16.7%within the sector's middle half▼ 9.9pp14.2%within the sector's middle half▼ 2.5pp12.8%within the sector's middle half▼ 1.4pp
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen four years in a row; 2025 is 8% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €315,668
Fixed assets
€22,832 ▼ 32.8%
Current assets
€292,836 ▲ 7.6%
Equity and liabilities €315,668
Equity
€126,099 ▼ 51.1%
Debt
€189,569 ▲ 295%
Debt's share of the balance-sheet total rises from 15.7% to 60.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€65,094▼
2024 · €70,637
Cash flow
€51,573▼
2024 · €55,635
Debt to equity
1.50▲
2024 · 0.19
ROE
32.0%▲
2024 · 16.9%
Interest coverage
162.65▲
2024 · 132.79
Debt ≤ 1 year
€186,175▲
2024 · €34,429
Debt > 1 year
€3,394▼
2024 · €13,509
Income taxes
€17,034▼
2024 · €18,202
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 34,696 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95% 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%
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 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% 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 34,696 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €12,510 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,481 | €8,023 | €9,978 | €12,124 | €11,164 | ▼ 7.9% |
| Other operating charges640/8 | - | €703 | €167 | €568 | €571 | ▲ 0.6% |
| Gross operating margin9900 | €110,534 | €91,044 | €73,767 | €71,205 | €65,665 | ▼ 7.8% |
| Operating profit (loss)9901 | €102,585 | €82,317 | €63,623 | €58,513 | €53,930 | ▼ 7.8% |
| Financial income75/76B | - | €591 | €2,575 | €3,732 | €3,913 | ▲ 4.9% |
| Recurring financial income75 | €264 | €591 | €2,575 | €3,732 | €3,913 | ▲ 4.9% |
| Financial charges65/66B | - | €217 | €612 | €532 | €400 | ▼ 24.8% |
| Recurring financial charges65 | €219 | €217 | €533 | €532 | €400 | ▼ 24.8% |
| Non-recurring financial charges66B | - | - | €79 | - | - | - |
| Profit (loss) for the period before taxes9903 | €102,630 | €82,692 | €65,586 | €61,713 | €57,443 | ▼ 6.9% |
| Income taxes67/77 | €30,518 | €24,775 | €19,475 | €18,202 | €17,034 | ▼ 6.4% |
| Profit (loss) for the period9904 | €72,112 | €57,917 | €46,111 | €43,511 | €40,410 | ▼ 7.1% |
| Profit (loss) for the period to be appropriated9905 | €72,112 | €57,917 | €46,111 | €43,511 | €40,410 | ▼ 7.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €197,262 | €217,173 | €275,562 | €306,062 | €315,668 | ▲ 3.1% |
| Fixed assets21/28 | €7,343 | €7,742 | €45,546 | €33,996 | €22,832 | ▼ 32.8% |
| Tangible fixed assets22/27 | €7,343 | €7,742 | €45,546 | €33,996 | €22,832 | ▼ 32.8% |
| Furniture and vehicles24 | - | €3,882 | €45,546 | €33,996 | €22,832 | ▼ 32.8% |
| Assets under construction and advance payments27 | - | €3,859 | - | - | - | - |
| Current assets29/58 | €189,918 | €209,431 | €230,016 | €272,066 | €292,836 | ▲ 7.6% |
| Amounts receivable after more than one year29 | - | €94,489 | €102,331 | €95,022 | €87,559 | ▼ 7.9% |
| Other amounts receivable291 | - | €94,489 | €102,331 | €95,022 | €87,559 | ▼ 7.9% |
| Amounts receivable within one year40/41 | €47,025 | €54,636 | €87,381 | €49,640 | €44,083 | ▼ 11.2% |
| Trade receivables40 | - | €48,845 | €55,718 | €42,175 | €35,389 | ▼ 16.1% |
| Other amounts receivable41 | - | €5,791 | €31,663 | €7,466 | €8,694 | ▲ 16.4% |
| Current investments50/53 | - | - | - | €70,000 | €50,000 | ▼ 28.6% |
| Cash at bank and in hand54/58 | €140,535 | €58,035 | €37,900 | €54,851 | €107,261 | ▲ 95.6% |
| Deferred charges and accrued income490/1 | - | €2,271 | €2,405 | €2,553 | €3,933 | ▲ 54.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €197,262 | €217,173 | €275,562 | €306,062 | €315,668 | ▲ 3.1% |
| Equity10/15 | €147,185 | €171,769 | €216,279 | €258,124 | €126,099 | ▼ 51.1% |
| Contributions10/11 | - | €1,000 | €1,000 | €1,000 | €1,000 | = |
| Reserves13 | €146,185 | €170,769 | €215,279 | €257,124 | €125,099 | ▼ 51.3% |
| Distributable reserves133 | - | €170,769 | €215,279 | €257,124 | €125,099 | ▼ 51.3% |
| Amounts payable17/49 | €50,077 | €45,404 | €59,283 | €47,938 | €189,569 | ▲ 295% |
| Amounts payable after more than one year17 | - | - | €23,525 | €13,509 | €3,394 | ▼ 74.9% |
| Financial debts170/4 | - | - | €23,525 | €13,509 | €3,394 | ▼ 74.9% |
| Amounts payable within one year42/48 | €50,077 | €45,404 | €35,759 | €34,429 | €186,175 | ▲ 441% |
| Financial debts43 | - | - | €9,918 | €10,016 | €10,115 | ▲ 1.0% |
| Credit institutions430/8 | - | - | €9,918 | €10,016 | €10,115 | ▲ 1.0% |
| Trade debts44 | €534 | €1,364 | €725 | €288 | €804 | ▲ 179% |
| Suppliers440/4 | - | €1,364 | €725 | €288 | €804 | ▲ 179% |
| Taxes, remuneration and social security45 | - | €10,707 | €23,516 | €19,852 | €2,822 | ▼ 85.8% |
| Taxes450/3 | - | €10,707 | €19,587 | €15,479 | €2,822 | ▼ 81.8% |
| Remuneration and social security454/9 | - | - | €3,929 | €4,373 | - | - |
| Other amounts payable47/48 | - | €33,333 | €1,600 | €4,273 | €172,435 | ▲ 3,935% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €72,112 | €57,917 | €46,111 | €43,511 | €40,410 | ▼ 7.1% |
| + Depreciation and write-downs630 | €7,481 | €8,023 | €9,978 | €12,124 | €11,164 | ▼ 7.9% |
| Operating cash flow (approximation) | €79,593 | €65,940 | €56,088 | €55,635 | €51,573 | ▼ 7.3% |
| Investment in fixed assets (approximation) | - | -€8,422 | -€47,782 | -€573 | €0 | ▲ 100% |
| Change in cash | - | -€82,501 | -€20,135 | €16,951 | €52,410 | ▲ 209% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-09
State Gazette act
General meeting · Other statement
Auditor appointment · Auditor report
11-01
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
19-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Equity above €200,000Eq €216,279 ▲25.9%
5 profitable years in a row build equity to €216,279.
16-02
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-09
Financial
Equity above €150,000Eq €171,769 ▲16.7%
4 profitable years in a row build equity to €171,769.
27-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
Financial
Highest result since 2019net €72,112 ▲59.3%
Operating result €102,585, net result €72,112, both a record.
2020
04-12
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
30-09
Financial
Equity above €100,000Eq €106,918 ▲14.3%
2 profitable years in a row build equity to €106,918.
14-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Show earlier events
2018
14-11
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
05-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
18-12
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.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
No directors read yet: 0 of 2 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Erpe-Mere · 1 establishment unit since 2013
Ground area
3,548 m²
Building footprint
152 m²
Volume, LiDAR
883 m³
Parcel 41016A0750/00A000, Flanders · tallest building 9.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Buro25
since 20132.217.627.163
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 41016A0750/00A000 | Flanders | 3,548 m² | 1 · 152 m² | 9.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Subsidies and aid
Flemish government
2022 to 2025 · 4 entries · 3,667 EUR awarded · 3,667 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 873 EUR | 873 EUR |
| 2024 | 1 | 911 EUR | 911 EUR |
| 2023 | 1 | 1,097 EUR | 1,097 EUR |
| 2022 | 1 | 786 EUR | 786 EUR |
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Of 12,173 companies in this sector we hold annual accounts for 7,643. 6,531 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded25-03-2013
Fiscal year end30-09
Activities, NACEBEL 2025
69201Certified accountants and tax accountants
E-invoicing
Reachable via Peppol
Peppol ID
0208:0524785341
Also
9925:BE0524785341
Registered
12-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.