BURQUINA
ActiveBURQUINA has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5k and a net result of €3k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 26% of 13935 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
58
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability71▼-2
Solvency29▲+2
Growth78=
Track record94
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 26-08-2026, 26 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 · 4 filingsDeviation from the deadline
2025
26 d late
2024
350 d late
2023
61 d late
2022
66 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€5k▲ 94.2%
2024 · €3k
2022: €2k
2023: €-921
2024: €3k
2022 → 2025
Total assets
€118k▲ 4.5%
2024 · €113k
2022: €109k
2023: €13k
2024: €113k
2022 → 2025
Net result
€3k▼ 29.5%
2024 · €4k
2022: €-3k
2023: €-3k
2024: €4k
2022 → 2025
Working capital
€100k▲ 3.1%
2024 · €97k
2022: €95k
2023: €-2k
2024: €97k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€2k-€-921€3k€5k▲ 94.2%
Operating result€-3k-€-3k▲ 20.9%€4k€4k▼ 3.5%
Net result€-3k-€-3k▲ 19.0%€4k€3k▼ 29.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 4% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €118k
Equity
€5k▲ 94.2%
Debt
€113k▲ 2.2%
The debt ratio falls from 97.6% to 95.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€4k▼
2024 · €4k
Cash flow
€3k▼
2024 · €4k
Solvency
4.5%▲
2024 · 2.4%
Current ratio
6.64▼
2024 · 7.35
Quick ratio
6.64▼
2024 · 7.35
Debt / equity
21.25▼
2024 · 40.39
ROE
48.5%▼
2024 · 133.7%
ROA
2.2%▼
2024 · 3.2%
Interest coverage
48.36▼
2024 · 56.37
Debt
€113k▲
2024 · €110k
Debt ≤ 1 year
€18k▲
2024 · €15k
Debt > 1 year
€95k=
2024 · €95k
Income taxes
€937
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€113k€118k▲
Formation expenses20€691€243▼
Current assets29/58€112k€118k▲
Amounts receivable within one year40/41€112k€118k▲
Trade receivables40€454-
Other amounts receivable41€112k€118k▲
Cash at bank and in hand54/58€20€36▲
Equity and liabilities
Total equity and liabilities10/49€113k€118k▲
Equity10/15€3k€5k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€-2k€305▲
Amounts payable17/49€110k€113k▲
Amounts payable after more than one year17€95k€95k=
Other amounts payable178/9€95k€95k=
Amounts payable within one year42/48€15k€18k▲
Trade debts44€2k€4k▲
Suppliers440/4€2k€4k▲
Taxes, remuneration and social security45-€937
Taxes450/3-€937
Other amounts payable47/48€13k€13k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€449€449=
Other operating charges640/8€835€400▼
Gross operating margin9900€5k€4k▼
Operating profit (loss)9901€4k€4k▼
Financial charges65/66B€74€84▲
Recurring financial charges65€74€84▲
Profit (loss) for the period before taxes9903€4k€4k▼
Income taxes67/77-€937
Profit (loss) for the period9904€4k€3k▼
Profit (loss) for the period to be appropriated9905€4k€3k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-2k€305▲
Profit (loss) brought forward from the previous period14P€-6k€-2k▲
The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 26 days late
16-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 350 days late
2024
31-12
Financial
Back to profitnet €4k
Net result €4k after 2 loss-making years.
31-12
Financial
Liquidity times 9current ratio 7.35
Current ratio from 0.85 to 7.35.
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 61 days late
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 66 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Ciney
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de Biron 1005590 CineyGround area
2,751 m²
Building footprint
180 m²
Parcel 91030C0590/00H003, Wallonia. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91030C0590/00H003 | Wallonia | 2,751 m² | 1 · 180 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 9,697 companies in sector 68121 we hold annual accounts for 7,378. 2,297 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-06-2021
Fiscal year end31-12
Activities, NACEBEL
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.