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Complete company report
Generated 22-07-2026
Active BE 0802.952.241Private limited company

BUSARD

Jan Breydellaan(Kor) 46 ·8500 Kortrijk, Belgium· 3 yrs active
Conclusion Checked

The computed 12-month bankruptcy probability of BUSARD is 2.9% (moderate). The 2025 annual accounts show equity of €972k and a net result of €-18k. The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.
Key figures
Equity €972k
Net result €-18k
Active 3 yrs
Locations 1
Snowflake analysis 5 axes · computed by Checked
Health63Profitability0Solvency100Growth78Stability94
67 / 100

Strong profile, led by solvency.

Health 63
Profitability 0
Solvency 100
Growth 78
Stability 94
Bankruptcy probability (12 mo) Checked model v1 · free
2.9% Moderate
0%0,5%1,5%4%10%≥25%
Young company +No NACE activity registered +Annual accounts: healthy financial profile −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
0 / 100
Low risk
Trust signals 3 signals
More than 3 years active
Founded in 2023, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).
Administrative Flags 0 events
No administrative flags
Health barometer FY 2025 · computed
63 / 100 Healthy
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 08-06-2026 with the NBB · fiscal year 2025 · micro
€-30k€-20k€-10k€0Operating result 2024: €-29k€-29kNet result 2024: €-28k€-28kOperating result 2025: €-21k€-21kNet result 2025: €-18k€-18k20242025
Operating resultNet result
EBITDA
€-1k
- 24-25
Net profit
€-18k
+36.3% 24-25
Cash flow
€2k
-81.0% 24-25
Total assets
€972k
+10.3% 24-25
Equity
€972k
+10.8% 24-25
Working capital
€248k
+33.5% 24-25
Debt
€43
-98.9% 24-25
Debt ≤ 1y
€43
-97.1% 24-25
Current ratio
5768.89
+4422.7% 24-25
Quick ratio
5768.89
+4422.7% 24-25
Solvency
100.0%
+0.5% 24-25
Debt / equity
0.00
-99.0% 24-25
ROE
-1.8%
+42.5% 24-25
ROA
-1.8%
+42.3% 24-25
Interest coverage
-28.61
- 24-25
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA€-1k
Net profit€-18k
Cash flow€2k
Staff costs-
Income taxes-
Dividends-
Total assets€972k
Equity€972k
Debt€43
of which ≤ 1y€43
of which > 1y-
Working capital€248k
Employees (FTE)-
Ratios (computed)
2025
Current ratio5768.89
Quick ratio5768.89
Working capital ratio25.5%
Solvency100.0%
Debt / equity0.00
Long-term debt ratio-
Interest coverage-28.61
Gross margin-
Net margin-
ROA-1.8%
ROE-1.8%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€972k
Fixed assets 21/28€724k
Tangible fixed assets 22/27€724k
Current assets 29/58€248k
Amounts receivable within one year 40/41€4k
Investments 50/53€205k
Cash & bank 54/58€34k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€972k
Equity 10/15€972k
Contributions / capital 10/11€970k
Accumulated profits (losses) 14€-46k
Amounts payable 17/49€43
Amounts payable within one year 42/48€43
Trade debts payable within one year 44€43
Income statement
Gross operating margin 9900€1k
Operating result 9901€-21k
Financial income 75€3k
Financial charges 65€45
Result before taxes 9903€-18k
Net result for the period 9904€-18k
Result to be appropriated 9905€-18k
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Ratios computed by Checked.
Legal Structure
NACE primary -
Legal form Private limited company(610)
Incorporation20-06-2023
StatusActive
Postal code8500
Establishment units 1 location
BUSARD
Jan Breydellaan(Kor) 46, 8500 KortrijkVermogensbeheer
since 20232.355.761.497
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34353B0138/00C011 Flanders 531 m² 1 · 117 m² 12.2 m · 4 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 2 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2026
08-06-2026
NBB filing Annual accounts filed
fiscal year 2025 · micro
2025
11-06-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Names & trade names
Legal nameNL BUSARD
Registered office
Jan Breydellaan(Kor) 46
8500 Kortrijk, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative