Skip to content

Buroda

Active
Public limited companyfounded 1958active for 68 yearsRue Chaussée 29, 4342 Awans, BelgiumKBO/BCE: BE 0404.400.621
Summary

Buroda has been active since 1958 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €103,737. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 60% of 6,081 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, full format

Turnover
€749,684▼ 22.1%
2024 · €962,833
EBIT margin
14.5%▼ 5.9pp
2024 · 20.5%
Net result
€103,737▼ 36.5%
2024 · €163,296
Working capital
€1.2m▲ 10.4%
2024 · €1.1m
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result has fallen two years in a row; 2025 is 45% below 2024 and is the lowest 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.

Turnover€0.7m 2025 Operating result€0.1m 2025 Net result€0.1m 2025

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

Sector: the middle half of NACE 46, Wholesale trade: 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), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€0.8m€0.9m▲ 10.0%€1.2m▲ 35.1%€1.0m▼ 16.9%€0.7m▼ 22.1%
Operating result-€0.02m-€0.07m€0.07m▲ 4.8%€0.2m▲ 104%€0.2m▲ 11.7%€0.2m▲ 39.9%€0.2m▼ 16.6%€0.1m▼ 44.7%
Net result-€0.04m-€0.07m€0.1mwithin the sector's middle half▲ 32.9%€0.2mabove the sector's middle half▲ 149%€0.1mabove the sector's middle half▼ 40.4%€0.2mabove the sector's middle half▲ 30.2%€0.2mwithin the sector's middle half▼ 11.8%€0.1mwithin the sector's middle half▼ 36.5%
EBIT margin19.4%19.7%▲ 0.3pp20.4%▲ 0.7pp20.5%▲ 0.1pp14.5%▼ 5.9pp
Equity€0.5m-€0.6m▲ 15.1%€0.6mwithin the sector's middle half▲ 17.4%€0.7mabove the sector's middle half▲ 9.4%€0.8mabove the sector's middle half▲ 18.5%€1.0mabove the sector's middle half▲ 20.1%€1.2mwithin the sector's middle half▲ 14.8%€1.3mwithin the sector's middle half▲ 8.8%
Total assets€1.5m-€1.6m▲ 5.3%€1.7mwithin the sector's middle half▲ 6.8%€1.9mabove the sector's middle half▲ 7.2%€2.0mabove the sector's middle half▲ 6.9%€2.1mabove the sector's middle half▲ 6.9%€2.2mwithin the sector's middle half▲ 4.0%€2.3mwithin the sector's middle half▲ 4.3%
Debt€1.1m-€1.1m▲ 0.9%€1.1m▲ 1.4%€1.2m▲ 5.9%€1.1m▼ 0.3%€1.1m▼ 2.8%€1.1m▼ 5.7%€1.0m▼ 0.5%
Working capital€0.5m-€0.6m▲ 18.7%€0.7mwithin the sector's middle half▲ 22.6%€0.7mabove the sector's middle half▲ 5.9%€0.8mabove the sector's middle half▲ 13.5%€0.9mabove the sector's middle half▲ 13.6%€1.1mwithin the sector's middle half▲ 19.8%€1.2mwithin the sector's middle half▲ 10.4%
Solvency31.0%-33.9%▲ 2.9pp37.3%within the sector's middle half▲ 3.4pp38.1%within the sector's middle half▲ 0.8pp42.2%within the sector's middle half▲ 4.1pp47.4%within the sector's middle half▲ 5.2pp52.3%within the sector's middle half▲ 4.9pp54.5%within the sector's middle half▲ 2.2pp
Current ratio1.44-1.52▲ 0.081.65within the sector's middle half▲ 0.121.63within the sector's middle half▼ 0.011.71within the sector's middle half▲ 0.081.83within the sector's middle half▲ 0.122.07within the sector's middle half▲ 0.242.18within the sector's middle half▲ 0.11
Return on assets (ROA)-2.6%-4.4%▲ 7.0pp5.5%within the sector's middle half▲ 1.1pp12.8%within the sector's middle half▲ 7.3pp7.2%within the sector's middle half▼ 5.7pp8.7%within the sector's middle half▲ 1.6pp7.4%within the sector's middle half▼ 1.3pp4.5%within the sector's middle half▼ 2.9pp
Staff (FTE)1-1=1below the sector's middle half=1=1below the sector's middle half1below the sector's middle half=
above within below the middle half of NACE 46, Wholesale trade: 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.
Why a figure moved sharply
  • 2021 Net result +149% on 2020. The accounts now follow the micro format, last year the full format.
Staff figure corrected
  • 2020 Filed: 11; shown: 1 (source: social balance report). The filed figure means ten times the staff at the balance sheet date, at low staff costs.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.3m
Fixed assets €36,517 ▼ 36.9%
Current assets €2.3m ▲ 5.5%
Equity and liabilities €2.3m
Equity €1.3m ▲ 8.8%
Debt €1.0m ▼ 0.5%
Debt's share of the balance-sheet total falls from 47.7% to 45.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€130,219▼
2024 · €218,158
Cash flow
€125,080▼
2024 · €184,489
Quick ratio
2.11▲
2024 · 2.01
Debt to equity
0.83▼
2024 · 0.91
ROE
8.3%▼
2024 · 14.1%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€1.0m▲
2024 · €1.0m
Income taxes
€56,402▲
2024 · €51,390
Staff costs
€28,861▲
2024 · €26,773
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,041 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.5% went bankrupt
4.9% stopped otherwise
94% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

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 497,472 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% 1.8%
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 17,041 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 · 2025 against 2024 · 60 lines
Balance sheet Code20242025
Assets
Total assets20/58€2.2m€2.3m▲
Formation expenses20-€0
Fixed assets21/28€0.06m€0.04m▼
Intangible fixed assets21-€0
Tangible fixed assets22/27€0.06m€0.04m▼
Land and buildings22€459€0▼
Plant, machinery and equipment23-€0
Furniture and vehicles24€0.06m€0.04m▼
Current assets29/58€2.1m€2.3m▲
Stocks and contracts in progress3€0.06m€0.07m▲
Stocks30/36€0.06m€0.07m▲
Amounts receivable within one year40/41€0.1m€0.04m▼
Trade receivables40€0.1m€0.04m▼
Other amounts receivable41€0.004m€0.002m▼
Current investments50/53€0.4m€0.1m▼
Cash at bank and in hand54/58€1.5m€2.1m▲
Deferred charges and accrued income490/1€0.004m€0.009m▲
Equity and liabilities
Total equity and liabilities10/49€2.2m€2.3m▲
Equity10/15€1.2m€1.3m▲
Contributions10/11€0.7m€0.7m=
Capital10€0.7m€0.7m=
Issued capital100€0.7m€0.7m=
Reserves13€0.5m€0.6m▲
Non-distributable reserves130/1€0.006m€0.006m=
Legal reserve130€0.006m€0.006m=
Tax-exempt reserves132-€0.6m
Distributable reserves133€0.5m-
Profit (loss) carried forward14€172€409▲
Amounts payable17/49€1.1m€1.0m▼
Amounts payable within one year42/48€1.0m€1.0m▲
Financial debts43€0.004m€0.004m=
Credit institutions430/8€0.004m€0.004m=
Trade debts44€0.007m€0.01m▲
Suppliers440/4€0.007m€0.01m▲
Taxes, remuneration and social security45€0.06m€0.05m▼
Taxes450/3€0.05m€0.05m▼
Remuneration and social security454/9€0.005m€0.003m▼
Other amounts payable47/48€1.0m€1.0m=
Accrued charges and deferred income492/3€0.01m€0.006m▼
Income statement Code20242025
Turnover70€1.0m€0.7m▼
Non-recurring operating income76A€0.007m€0▼
Goods, raw materials, services and sundry goods60/61€0.7m€0.6m▼
Remuneration, social security and pensions62€0.03m€0.03m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.02m€0.02m▲
Other operating charges640/8€0.004m€0.003m▼
Gross operating margin9900€0.2m€0.2m▼
Operating profit (loss)9901€0.2m€0.1m▼
Financial income75/76B€0.02m€0.05m▲
Recurring financial income75€0.02m€0.05m▲
Non-recurring financial income76B€47-
Financial charges65/66B€0.002m€0.001m▼
Recurring financial charges65€0.002m€0.001m▼
Profit (loss) for the period before taxes9903€0.2m€0.2m▼
Income taxes67/77€0.05m€0.06m▲
Profit (loss) for the period9904€0.2m€0.1m▼
Profit (loss) for the period to be appropriated9905€0.2m€0.1m▼
Appropriation of the result
Profit (loss) to be appropriated9906€0.2m€0.1m▼
Profit (loss) brought forward from the previous period14P€0.001m€172▼
Transfer to equity691/2€0.2m€0.1m▼
To other reserves6921€0.2m€0.1m▼

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Turnover70---€0.8m€0.9m€1.2m€1.0m€0.7m▼ 22.1%
Non-recurring operating income76A---€0.004m€0.01m-€0.007m€0▼ 100.0%
Goods, raw materials, services and sundry goods60/61---€0.6m€0.7m€0.9m€0.7m€0.6m▼ 16.6%
Remuneration, social security and pensions62---€0.02m€0.03m€0.03m€0.03m€0.03m▲ 7.8%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.006m€0.005m€0.005m€0.001m€0.006m€0.02m€0.02m€0.02m▲ 0.7%
Other operating charges640/8---€0.004m€0.003m€0.003m€0.004m€0.003m▼ 21.0%
Gross operating margin9900€0.02m€0.1m€0.1m€0.2m€0.2m€0.3m€0.2m€0.2m▼ 34.8%
Operating profit (loss)9901-€0.02m€0.07m€0.07m€0.2m€0.2m€0.2m€0.2m€0.1m▼ 44.7%
Financial income75/76B---€0.01m€0.02m€0.02m€0.02m€0.05m▲ 166%
Recurring financial income75€0.01m€0.01m€0.04m€0.01m€0.01m€0.02m€0.02m€0.05m▲ 166%
Non-recurring financial income76B----€0.005m-€47--
Financial charges65/66B---€0.002m€0.001m€0.001m€0.002m€0.001m▼ 46.6%
Recurring financial charges65€0.04m€0.001m€0.001m€0.002m€0.001m€0.001m€0.002m€0.001m▼ 46.6%
Profit (loss) for the period before taxes9903-€0.04m€0.08m€0.1m€0.2m€0.2m€0.3m€0.2m€0.2m▼ 25.4%
Transfer from deferred taxes780---€0.2m-----
Income taxes67/77-€116€0.009m€0.02m€0.1m€0.04m€0.07m€0.05m€0.06m▲ 9.8%
Profit (loss) for the period9904-€0.04m€0.07m€0.1m€0.2m€0.1m€0.2m€0.2m€0.1m▼ 36.5%
Profit (loss) for the period to be appropriated9905-€0.04m€0.07m€0.1m€0.2m€0.1m€0.2m€0.2m€0.1m▼ 36.5%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€1.5m€1.6m€1.7m€1.9m€2.0m€2.1m€2.2m€2.3m▲ 4.3%
Formation expenses20---€0---€0-
Fixed assets21/28€0.01m€0.006m€0.002m€0.002m€0.02m€0.08m€0.06m€0.04m▼ 36.9%
Intangible fixed assets21€0.003m€0.002m-€0€0--€0-
Tangible fixed assets22/27€0.007m€0.004m€0.001m€0.001m€0.02m€0.08m€0.06m€0.04m▼ 36.9%
Land and buildings22---€0.001m€0.001m€0.001m€459€0▼ 100%
Plant, machinery and equipment23-------€0-
Furniture and vehicles24----€0.02m€0.08m€0.06m€0.04m▼ 36.4%
Financial fixed assets28€0.002m€0.001m€0.001m€0.001m-----
Current assets29/58€1.5m€1.6m€1.7m€1.9m€2.0m€2.0m€2.1m€2.3m▲ 5.5%
Stocks and contracts in progress3€0.06m€0.06m€0.05m€0.06m€0.07m€0.07m€0.06m€0.07m▲ 6.3%
Stocks30/36---€0.06m€0.07m€0.07m€0.06m€0.07m▲ 6.3%
Amounts receivable within one year40/41€0.09m€0.06m€0.04m€0.05m€0.04m€0.1m€0.1m€0.04m▼ 72.6%
Trade receivables40---€0.05m€0.04m€0.1m€0.1m€0.04m▼ 73.2%
Other amounts receivable41------€0.004m€0.002m▼ 52.3%
Current investments50/53-----€0.3m€0.4m€0.1m▼ 77.3%
Cash at bank and in hand54/58€1.4m€1.5m€1.6m€1.8m€1.8m€1.6m€1.5m€2.1m▲ 36.5%
Deferred charges and accrued income490/1---€0.002m€0.003m€0.005m€0.004m€0.009m▲ 93.5%
Equity and liabilities
Total equity and liabilities10/49€1.5m€1.6m€1.7m€1.9m€2.0m€2.1m€2.2m€2.3m▲ 4.3%
Equity10/15€0.5m€0.6m€0.6m€0.7m€0.8m€1.0m€1.2m€1.3m▲ 8.8%
Contributions10/11€0.7m€0.7m€0.7m€0.7m€0.7m€0.7m€0.7m€0.7m=
Capital10---€0.7m€0.7m€0.7m€0.7m€0.7m=
Issued capital100---€0.7m€0.7m€0.7m€0.7m€0.7m=
Reserves13€0.2m€0.2m€0.2m€0.03m€0.1m€0.3m€0.5m€0.6m▲ 21.9%
Non-distributable reserves130/1---€0.006m€0.006m€0.006m€0.006m€0.006m=
Legal reserve130---€0.006m€0.006m€0.006m€0.006m€0.006m=
Tax-exempt reserves132---€0.03m€0.1m--€0.6m-
Distributable reserves133-----€0.3m€0.5m--
Profit (loss) carried forward14-€0.4m-€0.4m-€0.3m-€0.02m€0.001m€0.001m€172€409▲ 138%
Amounts payable17/49€1.1m€1.1m€1.1m€1.2m€1.1m€1.1m€1.1m€1.0m▼ 0.5%
Amounts payable within one year42/48€1.1m€1.1m€1.1m€1.1m€1.1m€1.1m€1.0m€1.0m▲ 0.1%
Financial debts43---€0.004m€0.004m€0.004m€0.004m€0.004m=
Credit institutions430/8---€0.004m€0.004m€0.004m€0.004m€0.004m=
Trade debts44€0.02m€0.01m€0.01m€0.02m€0.01m€0.01m€0.007m€0.01m▲ 112%
Suppliers440/4---€0.02m€0.01m€0.01m€0.007m€0.01m▲ 112%
Taxes, remuneration and social security45---€0.1m€0.1m€0.02m€0.06m€0.05m▼ 10.6%
Taxes450/3---€0.1m€0.1m€0.02m€0.05m€0.05m▼ 8.3%
Remuneration and social security454/9---€0.004m€0.007m€0.007m€0.005m€0.003m▼ 35.9%
Other amounts payable47/48---€1.0m€1.0m€1.1m€1.0m€1.0m=
Accrued charges and deferred income492/3---€0.01m€75€105€0.01m€0.006m▼ 52.9%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€39,699€72,069€95,811€238,390€142,146€185,058€163,296€103,737▼ 36.5%
+ Depreciation and write-downs630€5,844€5,157€4,611€1,036€5,603€21,192€21,192€21,342▲ 0.7%
Operating cash flow (approximation)-€33,855€77,226€100,422€239,426€147,749€206,250€184,489€125,080▼ 32.2%
Investment in fixed assets (approximation)-€805€0-€1,795-€25,279-€78,192€0€0-
Change in cash-€116,902€140,997€115,848€91,922-€276,006-€64,383€548,857▲ 952%

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

Download as CSV

Public contracts: not fully processed yet. The notices from August 2020 to September 2026 are still being read.