BUROCOMPLEX
ActiveSummary
BUROCOMPLEX has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €519,313 and a net result of €304,699, of which €244,025 non-recurring income. Equity is growing by about 3.3% per year across the filed financial years. Its solvency ranks better than 81% of 10,757 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
- Equity
- €519,313
- Profit
- €304,699
Why 99lowers riskLiquidity: current ratio 3.35, cash €271,246Equity €519,313 (84.6% of total assets)Size: total assets €613,588Sector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 70, micro): better than 86% on solvency, 91% on liquidity, 84% on profitability and 92% on growth.
The bankruptcy probability was computed on 26-10-2026 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
This company filed its last 7 accounts on average 19 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Highest result from 2018 to 2025net €304,699 ▲1,971%
- Liquidity times 25current ratio 3.35
Financials · financial year 2025, abbreviated format
2025 annual accounts filed late (26 days) Filed on 26 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00437454.
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result returns to profit in 2025: €256,086 after a loss of €5,510 in 2024, 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.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
- 2025 Net result +1,971% on 2024. The accounts now follow the abbreviated format, last year the micro format.
Peer companies
Historical observationOf the 20,139 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 95.0% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
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 497,475 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% | 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% |
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 20,139 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | - | - | - | €244,025 | - |
| Other operating charges640/8 | - | - | - | €548 | €610 | €646 | €961 | €966 | ▲ 0.5% |
| Gross operating margin9900 | €20,192 | €9,987 | -€454 | €18,379 | €23,240 | -€21,202 | -€4,549 | €257,052 | - |
| Operating profit (loss)9901 | €19,644 | €9,439 | -€1,001 | €17,832 | €22,630 | -€21,848 | -€5,510 | €256,086 | - |
| Financial income75/76B | - | - | - | - | €0 | - | - | €140,000 | - |
| Recurring financial income75 | €1 | - | €47 | - | €0 | - | - | €140,000 | - |
| Financial charges65/66B | - | - | - | €81 | -€112 | €1,174 | €168 | €140 | ▼ 16.8% |
| Recurring financial charges65 | €985 | €1,012 | €588 | €81 | -€112 | €1,174 | €168 | €140 | ▼ 16.8% |
| Profit (loss) for the period before taxes9903 | €18,660 | €8,427 | -€1,542 | €17,751 | €22,742 | -€23,022 | -€5,678 | €395,946 | - |
| Income taxes67/77 | €3,719 | €1,719 | €774 | €4,052 | €5,686 | - | -€20,394 | €91,248 | - |
| Profit (loss) for the period9904 | €14,942 | €6,708 | -€2,316 | €13,699 | €17,057 | -€23,022 | €14,715 | €304,699 | ▲ 21× |
| Profit (loss) for the period to be appropriated9905 | €14,942 | €6,708 | -€2,316 | €13,699 | €17,057 | -€23,022 | €14,715 | €304,699 | ▲ 21× |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €348,643 | €349,085 | €352,080 | €362,707 | €395,171 | €350,499 | €358,780 | €613,588 | ▲ 71.0% |
| Fixed assets21/28 | €339,447 | €339,447 | €339,447 | €339,447 | €339,447 | €339,447 | €339,447 | €297,472 | ▼ 12.4% |
| Tangible fixed assets22/27 | €41,975 | €41,975 | €41,975 | €41,975 | €41,975 | €41,975 | €41,975 | - | - |
| Land and buildings22 | - | - | - | €41,975 | €41,975 | €41,975 | €41,975 | - | - |
| Financial fixed assets28 | €297,472 | €297,472 | €297,472 | €297,472 | €297,472 | €297,472 | €297,472 | €297,472 | = |
| Current assets29/58 | €9,195 | €9,637 | €12,632 | €23,260 | €55,723 | €11,051 | €19,333 | €316,116 | ▲ 16× |
| Amounts receivable within one year40/41 | €9,190 | €9,590 | €7,613 | €15,476 | €51,843 | €7,528 | €14,804 | €44,870 | ▲ 203% |
| Trade receivables40 | - | - | - | €12,000 | €50,000 | - | - | - | - |
| Other amounts receivable41 | - | - | - | €3,476 | €1,843 | €7,528 | €14,804 | €44,870 | ▲ 203% |
| Cash at bank and in hand54/58 | €5 | €47 | €5,019 | €7,784 | €3,881 | €3,523 | €4,529 | €271,246 | ▲ 60× |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €348,643 | €349,085 | €352,080 | €362,707 | €395,171 | €350,499 | €358,780 | €613,588 | ▲ 71.0% |
| Equity10/15 | €187,774 | €194,482 | €192,166 | €205,865 | €222,921 | €199,899 | €214,615 | €519,313 | ▲ 142% |
| Contributions10/11 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Capital10 | - | - | - | €18,600 | €18,600 | €18,600 | €18,600 | - | - |
| Issued capital100 | - | - | - | €18,600 | €18,600 | €18,600 | €18,600 | - | - |
| Contributions outside capital11 | - | - | - | - | - | - | - | €18,600 | - |
| Other1109/19 | - | - | - | - | - | - | - | €18,600 | - |
| Reserves13 | €169,174 | €175,882 | €173,566 | €187,265 | €204,321 | €181,299 | €196,015 | €500,713 | ▲ 155% |
| Non-distributable reserves130/1 | - | - | - | €2,255 | €2,255 | €2,255 | €2,255 | €395 | ▼ 82.5% |
| Legal reserve130 | - | - | - | €1,860 | €1,860 | €1,860 | €1,860 | - | - |
| Reserves not available under the articles1311 | - | - | - | €395 | €395 | €395 | €395 | €395 | = |
| Distributable reserves133 | - | - | - | €185,010 | €202,067 | €179,044 | €193,760 | €500,318 | ▲ 158% |
| Amounts payable17/49 | €160,869 | €154,603 | €159,914 | €156,843 | €172,249 | €150,600 | €144,166 | €94,275 | ▼ 34.6% |
| Amounts payable after more than one year17 | €78,347 | €71,284 | €42,000 | €10,000 | - | - | - | - | - |
| Financial debts170/4 | - | - | - | €10,000 | - | - | - | - | - |
| Amounts payable within one year42/48 | €34,638 | €35,435 | €70,031 | €98,959 | €172,249 | €150,600 | €144,166 | €94,275 | ▼ 34.6% |
| Current portion of amounts payable after more than one year42 | - | - | - | €8,276 | €2,542 | €2,618 | €2,374 | €2,183 | ▼ 8.1% |
| Trade debts44 | €25,430 | €1,230 | - | €650 | €3,539 | - | €3,219 | €2,426 | ▼ 24.6% |
| Suppliers440/4 | - | - | - | €650 | €3,539 | - | €3,219 | €2,426 | ▼ 24.6% |
| Taxes, remuneration and social security45 | - | - | - | €2,593 | €14,645 | €16,778 | €3,524 | €89,667 | ▲ 25× |
| Taxes450/3 | - | - | - | €2,593 | €14,645 | €16,778 | €3,524 | €89,667 | ▲ 25× |
| Other amounts payable47/48 | - | - | - | €87,440 | €151,524 | €131,203 | €135,049 | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €47,883 | - | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €14,942 | €6,708 | -€2,316 | €13,699 | €17,057 | -€23,022 | €14,715 | €304,699 | ▲ 21× |
| Operating cash flow (approximation) | €14,942 | €6,708 | -€2,316 | €13,699 | €17,057 | -€23,022 | €14,715 | €304,699 | ▲ 21× |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | €0 | €41,975 | - |
| Change in cash | - | €43 | €4,972 | €2,765 | -€3,903 | -€358 | €1,005 | €266,717 | ▲ 265× |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 36 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 26-08-2026 | 2026-00437454 |
| 31-12-2024 | micro format | 18-07-2025 | 2025-00310104 |
| 31-12-2023 | micro format | 04-07-2024 | 2024-00210021 |
| 31-12-2022 | micro format | 02-07-2023 | 2023-00187113 |
| 31-12-2021 | micro format | 27-06-2022 | 2022-20138396 |
| 31-12-2020 | micro format | 30-06-2021 | 2021-26900275 |
| 31-12-2019 | micro format | 06-07-2020 | 2020-26300528 |
| 31-12-2018 | micro format | 25-06-2019 | 2019-22200338 |
| 31-12-2017 | micro format | 27-06-2018 | 2018-23000065 |
| 31-12-2016 | abbreviated format | 28-07-2017 | 2017-38500098 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| HOYDONCKX Ann |
|
Owners and capital
Capital and shareholders
- 08-01-2025 Converted to unavailable equity · €20,460
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
100%
According to the 2025 annual accounts of BUROCOMPLEX and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
08-01
Gazette deed
Resignation: HOYDONCKX Ann (director)Appointment: HOYDONCKX Ann (director) · Capital conversion · Reserve release9 facts ▸
- General meeting, 30-12-2024
- Capital conversion, “onbeschikbare eigenvermogensrekening” (deed in Dutch)
- Reserve release, “opheffing, middelen beschikbaar voor uitkering” (deed in Dutch)
- Power of attorney
- Director resignation, HOYDONCKX Ann (director)
- Director appointment, HOYDONCKX Ann (director (not named in the articles))
- Amendment of the articles
- Other provision, “vermogen, statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital
Show earlier events
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 26 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 72003C0475/00A002 | Flanders | 258 m² | 1 · 166 m² | 13.4 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Groot- en kleinhandel in alle types bouwmaterialen; Aan- en verkoop,bemiddeling bij transacties van immobiliën evenals het beheer ervan…” (deed in Dutch)
7 activities (deed in Dutch)
- Groot- en kleinhandel in alle types bouwmaterialen.
- Aan- en verkoop,bemiddeling bij transacties van immobiliën evenals het beheer ervan.
- Promoten van bouwprojecten.
- Nemen van participaties in kapitaalvennootschappen actief in de bouwsector of aanverwante activiteiten.
- Groothandel in soft- en hardware.
- Ontwikkelen van computersystemen waarin begrepen aan- en verkoop van soft- en hardware.
- Probleemanalyse en opbouw van aangepaste computerfiguraties zowel als single-user als in netwerk.
- Name clauseThe name the company operates under according to its articles.
- BUROCOMPLEX
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “1” (deed in Dutch)“Één of meer bestuurders,natuurlijke personen of rechtspersonen,al dan niet aandeelhouder, benoemd met of zonder beperking van duur” (deed in Dutch)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Thursday of May at 18:00