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BUROTECH ENGINEERING & SERVICES

Active
Public limited companyfounded 1986active for 40 yearsBoulevard de la Sauvenière 110C, 4000 Liège, BelgiumKBO/BCE: BE 0429.094.049
Summary

BUROTECH ENGINEERING & SERVICES has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €262,683 and a net result of €1,597. Equity is growing by about 3.3% per year across the filed financial years. Its solvency ranks better than 51% of 827 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, full format

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1,597▼ 97.6%
2024 · €66,943
Working capital
€123,860▼ 9.8%
2024 · €137,324
Trend over the years

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

The operating result falls in 2025; 2025 is 98% 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.

Operating result€1,652 2025 Net result€1,597 2025

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

Sector: the middle half of NACE 73, Advertising, market research and public relations 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), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€76,471-€65,642▼ 14.2%€28,235▼ 57.0%€116,323▲ 312%€49,286▼ 57.6%€2,659▼ 94.6%€80,282▲ 2,919%€1,652▼ 97.9%
Net result€9,944-€7,585▼ 23.7%-€19,872below the sector's middle half€69,485within the sector's middle half€27,273within the sector's middle half▼ 60.7%€10,658within the sector's middle half▼ 60.9%€66,943within the sector's middle half▲ 528%€1,597within the sector's middle half▼ 97.6%
Equity€219,013-€226,598▲ 3.5%€206,726within the sector's middle half▼ 8.8%€226,211within the sector's middle half▲ 9.4%€233,485within the sector's middle half▲ 3.2%€244,143within the sector's middle half▲ 4.6%€261,086within the sector's middle half▲ 6.9%€262,683within the sector's middle half▲ 0.6%
Total assets€865,338-€791,125▼ 8.6%€728,664within the sector's middle half▼ 7.9%€793,442within the sector's middle half▲ 8.9%€642,306within the sector's middle half▼ 19.0%€519,540within the sector's middle half▼ 19.1%€644,126within the sector's middle half▲ 24.0%€591,124within the sector's middle half▼ 8.2%
Debt€646,325-€564,527▼ 12.7%€521,938▼ 7.5%€567,231▲ 8.7%€408,821▼ 27.9%€275,397▼ 32.6%€383,040▲ 39.1%€328,441▼ 14.3%
Working capital€82,055-€89,758▲ 9.4%€69,768within the sector's middle half▼ 22.3%€89,253within the sector's middle half▲ 27.9%€96,527within the sector's middle half▲ 8.1%€106,136within the sector's middle half▲ 10.0%€137,324within the sector's middle half▲ 29.4%€123,860within the sector's middle half▼ 9.8%
Solvency25.3%-28.6%▲ 3.3pp28.4%within the sector's middle half▼ 0.3pp28.5%within the sector's middle half▲ 0.1pp36.4%within the sector's middle half▲ 7.8pp47.0%within the sector's middle half▲ 10.6pp40.5%within the sector's middle half▼ 6.5pp44.4%within the sector's middle half▲ 3.9pp
Current ratio1.13-1.16▲ 0.031.13within the sector's middle half▼ 0.031.16within the sector's middle half▲ 0.021.24within the sector's middle half▲ 0.081.39within the sector's middle half▲ 0.151.37within the sector's middle half▼ 0.011.38within the sector's middle half▲ 0.01
Return on assets (ROA)1.1%-1.0%▼ 0.2pp-2.7%below the sector's middle half▼ 3.7pp8.8%within the sector's middle half▲ 11.5pp4.2%within the sector's middle half▼ 4.5pp2.1%within the sector's middle half▼ 2.2pp10.4%within the sector's middle half▲ 8.3pp0.3%within the sector's middle half▼ 10.1pp
Staff (FTE)13.4-13.6▲ 1.5%13within the sector's middle half▼ 4.4%10within the sector's middle half▼ 23.1%9.1within the sector's middle half▼ 9.0%8.1within the sector's middle half▼ 11.0%8within the sector's middle half▼ 1.2%6.1within the sector's middle half▼ 23.8%
above within below the middle half of NACE 73, Advertising, market research and public relations 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.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €591,124
Fixed assets €138,823 ▲ 0.9%
Current assets €452,301 ▼ 10.7%
Equity and liabilities €591,124
Equity €262,683 ▲ 0.6%
Debt €328,441 ▼ 14.3%
Debt's share of the balance-sheet total falls from 59.5% to 55.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€2,349▼
2024 · €80,723
Cash flow
€2,294▼
2024 · €67,385
Debt to equity
1.25▼
2024 · 1.47
ROE
0.6%▼
2024 · 25.6%
Interest coverage
0.14▼
2024 · 4.60
Debt ≤ 1 year
€328,441▼
2024 · €369,237
Income taxes
€8,392▼
2024 · €23,191
Staff costs
€506,125▼
2024 · €598,148
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,042 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.4% 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
94.4% 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 497,474 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 74.5% 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 17,042 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 · 54 lines
Balance sheet Code20242025
Assets
Total assets20/58€644,126€591,124▼
Fixed assets21/28€137,565€138,823▲
Tangible fixed assets22/27€607€1,865▲
Furniture and vehicles24€607€1,865▲
Financial fixed assets28€136,958€136,958=
Current assets29/58€506,561€452,301▼
Amounts receivable within one year40/41€335,299€323,063▼
Trade receivables40€279,407€300,913▲
Other amounts receivable41€55,892€22,150▼
Cash at bank and in hand54/58€114,942€127,551▲
Deferred charges and accrued income490/1€56,320€1,687▼
Equity and liabilities
Total equity and liabilities10/49€644,126€591,124▼
Equity10/15€261,086€262,683▲
Contributions10/11€63,709€63,709=
Capital10€63,709€63,709=
Issued capital100€63,709€63,709=
Reserves13€197,377€198,974▲
Non-distributable reserves130/1€6,371€6,371=
Legal reserve130€6,371€6,371=
Distributable reserves133€191,006€192,603▲
Amounts payable17/49€383,040€328,441▼
Amounts payable within one year42/48€369,237€328,441▼
Financial debts43€115,656€129,035▲
Credit institutions430/8€115,656€129,035▲
Trade debts44€122,250€74,473▼
Suppliers440/4€122,250€74,473▼
Taxes, remuneration and social security45€81,332€77,935▼
Taxes450/3€10,406€12,936▲
Remuneration and social security454/9€70,926€64,999▼
Other amounts payable47/48€50,000€46,999▼
Accrued charges and deferred income492/3€13,803-
Income statement Code20242025
Non-recurring operating income76A€72,786-
Remuneration, social security and pensions62€598,148€506,125▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€441€697▲
Other operating charges640/8€245€490▲
Non-recurring operating charges66A-€3,055
Gross operating margin9900€679,116€512,020▼
Operating profit (loss)9901€80,282€1,652▼
Financial income75/76B€27,710€24,566▼
Recurring financial income75€27,710€5,542▼
Non-recurring financial income76B-€19,024
Financial charges65/66B€17,857€16,229▼
Recurring financial charges65€17,542€16,229▼
Non-recurring financial charges66B€315-
Profit (loss) for the period before taxes9903€90,135€9,989▼
Income taxes67/77€23,191€8,392▼
Profit (loss) for the period9904€66,943€1,597▼
Profit (loss) for the period to be appropriated9905€66,943€1,597▼
Appropriation of the result
Profit (loss) to be appropriated9906€66,943€1,597▼
Transfer to equity691/2€16,943€1,597▼
To other reserves6921€16,943€1,597▼
Profit to be distributed694/7€50,000-
Return on contributions (dividend)694€50,000-
Social balance sheet
Average headcount (FTE)90878.06.1▼

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A-----€18,814€72,786--
Remuneration, social security and pensions62---€699,012€637,030€638,863€598,148€506,125▼ 15.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-----€276€441€697▲ 57.9%
Other operating charges640/8---€465-€295€245€490▲ 100%
Non-recurring operating charges66A-------€3,055-
Gross operating margin9900€976,868€994,627€745,402€815,800€686,316€642,093€679,116€512,020▼ 24.6%
Operating profit (loss)9901€76,471€65,642€28,235€116,323€49,286€2,659€80,282€1,652▼ 97.9%
Financial income75/76B---€36€8,400€27,710€27,710€24,566▼ 11.3%
Recurring financial income75-€82-€36€8,400€27,710€27,710€5,542▼ 80.0%
Non-recurring financial income76B-------€19,024-
Financial charges65/66B---€14,804€15,622€16,084€17,857€16,229▼ 9.1%
Recurring financial charges65€47,904€34,860€40,442€14,804€15,622€16,084€17,542€16,229▼ 7.5%
Non-recurring financial charges66B------€315--
Profit (loss) for the period before taxes9903€28,567€30,864-€12,208€101,556€42,065€14,285€90,135€9,989▼ 88.9%
Income taxes67/77€18,624€23,278€7,665€32,071€14,791€3,627€23,191€8,392▼ 63.8%
Profit (loss) for the period9904€9,944€7,585-€19,872€69,485€27,273€10,658€66,943€1,597▼ 97.6%
Profit (loss) for the period to be appropriated9905€9,944€7,585-€19,872€69,485€27,273€10,658€66,943€1,597▼ 97.6%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€865,338€791,125€728,664€793,442€642,306€519,540€644,126€591,124▼ 8.2%
Fixed assets21/28€136,958€136,958€136,958€136,958€136,958€138,006€137,565€138,823▲ 0.9%
Tangible fixed assets22/27-----€1,049€607€1,865▲ 207%
Furniture and vehicles24-----€1,049€607€1,865▲ 207%
Financial fixed assets28€136,958€136,958€136,958€136,958€136,958€136,958€136,958€136,958=
Current assets29/58€728,380€654,167€591,706€656,484€505,348€381,533€506,561€452,301▼ 10.7%
Amounts receivable within one year40/41€710,626€602,526€510,534€532,356€344,367€228,961€335,299€323,063▼ 3.6%
Trade receivables40---€228,638€279,158€197,343€279,407€300,913▲ 7.7%
Other amounts receivable41---€303,718€65,209€31,618€55,892€22,150▼ 60.4%
Cash at bank and in hand54/58€17,754€51,641€79,315€122,477€159,396€151,198€114,942€127,551▲ 11.0%
Deferred charges and accrued income490/1---€1,651€1,585€1,375€56,320€1,687▼ 97.0%
Equity and liabilities
Total equity and liabilities10/49€865,338€791,125€728,664€793,442€642,306€519,540€644,126€591,124▼ 8.2%
Equity10/15€219,013€226,598€206,726€226,211€233,485€244,143€261,086€262,683▲ 0.6%
Contributions10/11€63,709€63,709€63,709€63,709€63,709€63,709€63,709€63,709=
Capital10---€63,709€63,709€63,709€63,709€63,709=
Issued capital100---€63,709€63,709€63,709€63,709€63,709=
Reserves13€6,371€6,371€6,371€6,371€6,371€180,434€197,377€198,974▲ 0.8%
Non-distributable reserves130/1---€6,371€6,371€6,371€6,371€6,371=
Legal reserve130---€6,371€6,371€6,371€6,371€6,371=
Distributable reserves133-----€174,063€191,006€192,603▲ 0.8%
Profit (loss) carried forward14€148,934€156,519€136,647€156,132€163,405----
Amounts payable17/49€646,325€564,527€521,938€567,231€408,821€275,397€383,040€328,441▼ 14.3%
Amounts payable within one year42/48€646,325€564,409€521,938€567,231€408,821€275,397€369,237€328,441▼ 11.0%
Current portion of amounts payable after more than one year42----€56,657----
Financial debts43---€144,546€104,534€87,854€115,656€129,035▲ 11.6%
Credit institutions430/8---€144,546€104,534€87,854€115,656€129,035▲ 11.6%
Trade debts44€224,947€230,866€254,236€70,292€118,894€51,427€122,250€74,473▼ 39.1%
Suppliers440/4---€70,292€118,894€51,427€122,250€74,473▼ 39.1%
Taxes, remuneration and social security45---€136,561€108,736€136,116€81,332€77,935▼ 4.2%
Taxes450/3---€45,806€19,607€28,928€10,406€12,936▲ 24.3%
Remuneration and social security454/9---€90,755€89,130€107,188€70,926€64,999▼ 8.4%
Other amounts payable47/48---€215,832€20,000-€50,000€46,999▼ 6.0%
Accrued charges and deferred income492/3------€13,803--
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€9,944€7,585-€19,872€69,485€27,273€10,658€66,943€1,597▼ 97.6%
+ Depreciation and write-downs630-----€276€441€697▲ 57.9%
Operating cash flow (approximation)€9,944€7,585-€19,872€69,485€27,273€10,934€67,385€2,294▼ 96.6%
Investment in fixed assets (approximation)-€0€0€0€0-€1,324€0-€1,955-
Change in cash-€33,887€27,674€43,162€36,919-€8,198-€36,256€12,609-

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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Latest 10 of 40 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 full format 30-04-2026 2026-00099161
31-12-2024 full format 04-06-2025 2025-00118788
31-12-2023 full format 09-07-2024 2024-00247064
31-12-2022 full format 26-07-2023 2023-00273153
31-12-2021 full format 04-08-2022 2022-20269727
31-12-2020 full format 29-07-2021 2021-45000423
31-12-2019 full format 31-07-2020 2020-38600546
31-12-2018 full format 29-08-2019 2019-56300400
31-12-2017 full format 31-08-2018 2018-59600424
31-12-2016 full format 30-08-2017 2017-55700235

Show all 40 filings

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