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Burolight Project

Active
Private limited companyfounded 20251 yr activeKarel Van Wijnendaelelaan 9, 9830 Sint-Martens-Latem, BelgiumKBO/BCE: BE 1019.648.855
Summary

Burolight Project has been active since 2025 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5,772 and a net result of €772. Its solvency ranks better than 24% of 11547 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.1% (low).

Checked score

Score 2025
Axes
Profitability70
Solvency32
Growth-
Track record67
Bankruptcy probability, 12 months
1.1% Low
0%0.5%1.5%4%10%≥ 25%
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 11547 sector peers (2025).
NBB · sector comparison
Position among 11547 sector peers
Solvency
better than 24%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
31 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

Burolight Project was incorporated on 5 February 2025 as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€5,772
Total assets
€82,968
Net result
€772
Working capital
-€42,907

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €82,968
Fixed assets €48,679
Current assets €34,289
Equity and liabilities €82,968
Equity €5,772
Debt €77,196
Debt finances 93.0% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€13,188
Cash flow
€10,771
Current ratio
0.44
Debt to equity
13.37
ROE
13.4%
ROA
0.9%
Interest coverage
172.12
Debt ≤ 1 year
€77,196
Income taxes
€2,340

Peer companies

Historical observation

Of the 514 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency under 10%
  • a profit under 5% of the balance sheet
1.8% went bankrupt
1.2% stopped otherwise
97% 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 1.1% 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 497,340 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 514 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 · 29 lines
Balance sheet Code2025
Assets
Total assets20/58€82,968
Fixed assets21/28€48,679
Tangible fixed assets22/27€48,679
Furniture and vehicles24€48,679
Current assets29/58€34,289
Amounts receivable within one year40/41€15,000
Trade receivables40€15,000
Cash at bank and in hand54/58€19,289
Equity and liabilities
Total equity and liabilities10/49€82,968
Equity10/15€5,772
Contributions10/11€5,000
Profit (loss) carried forward14€772
Amounts payable17/49€77,196
Amounts payable within one year42/48€77,196
Trade debts44€4,759
Suppliers440/4€4,759
Taxes, remuneration and social security45€6,226
Taxes450/3€6,226
Other amounts payable47/48€66,211
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,999
Gross operating margin9900€13,188
Operating profit (loss)9901€3,188
Financial charges65/66B€77
Recurring financial charges65€77
Profit (loss) for the period before taxes9903€3,112
Income taxes67/77€2,340
Profit (loss) for the period9904€772
Profit (loss) for the period to be appropriated9905€772
Appropriation of the result
Profit (loss) to be appropriated9906€772

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,999
Gross operating margin9900€13,188
Operating profit (loss)9901€3,188
Financial charges65/66B€77
Recurring financial charges65€77
Profit (loss) for the period before taxes9903€3,112
Income taxes67/77€2,340
Profit (loss) for the period9904€772
Profit (loss) for the period to be appropriated9905€772
Line2025
Assets
Total assets20/58€82,968
Fixed assets21/28€48,679
Tangible fixed assets22/27€48,679
Furniture and vehicles24€48,679
Current assets29/58€34,289
Amounts receivable within one year40/41€15,000
Trade receivables40€15,000
Cash at bank and in hand54/58€19,289
Equity and liabilities
Total equity and liabilities10/49€82,968
Equity10/15€5,772
Contributions10/11€5,000
Profit (loss) carried forward14€772
Amounts payable17/49€77,196
Amounts payable within one year42/48€77,196
Trade debts44€4,759
Suppliers440/4€4,759
Taxes, remuneration and social security45€6,226
Taxes450/3€6,226
Other amounts payable47/48€66,211
Line2025
Profit (loss) for the period9904€772
+ Depreciation and write-downs630€9,999
Operating cash flow (approximation)€10,771

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

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Timeline · acts, filings and financial milestones

2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
NBB filing
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not 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 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Sint-Martens-Latem · 1 establishment unit since 2025
seat establishment The establishment unit on the map
Ground area
1,152 m²
Building footprint
192 m²
Volume, LiDAR
779 m³
Parcel 44064B0719/00G000, Flanders · tallest building 5.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Burolight Project
Karel Van Wijnendaelelaan 9, 9830 Sint-Martens-LatemGeneral construction of residential buildings
since 20252.369.688.224
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
44064B0719/00G000 Flanders 1,152 m² 1 · 192 m² 5.8 m · 1 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.

Similar companies · same sector, comparable size

Of 193 companies in this sector we hold annual accounts for 124. 33 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
Founded05-02-2025
Fiscal year end31-12
Activities, NACEBEL 2025
46472Wholesale trade
43350Other building finishing work
63920Other information service activities
70200Business and other management consultancy
77399Renting and leasing of other machinery, equipment and tangible goods
E-invoicing
Reachable via Peppol
Peppol ID 0208:1019648855
Also 9925:BE1019648855
Registered 16-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.