Skip to content

BusFix

Active
Private limited companyfounded 20241 yr activeAugust Cuppensstraat 23, 3545 Halen, BelgiumKBO/BCE: BE 1017.275.721
Summary

BusFix has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26,885 and a net result of €23,885. Its solvency ranks better than 69% of 3140 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

Financials · fiscal year 2025, micro schema

Equity
€26,885
Total assets
€45,958
Net result
€23,885
Working capital
€20,642

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

Balance-sheet composition
Assets €45,958
Fixed assets €8,740
Current assets €37,218
Equity and liabilities €45,958
Equity €26,885
Debt €19,073
Debt finances 41.5% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€31,442
Cash flow
€24,664
Current ratio
2.25
Debt to equity
0.71
ROE
88.8%
ROA
52.0%
Interest coverage
64.08
Debt ≤ 1 year
€16,576
Debt > 1 year
€2,497
Income taxes
€6,298

Peer companies

Historical observation

Of the 11,280 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
2.6% stopped otherwise
97% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% 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 497,471 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 11,280 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 · 39 lines
Balance sheet Code2025
Assets
Total assets20/58€45,958
Fixed assets21/28€8,740
Tangible fixed assets22/27€8,740
Plant, machinery and equipment23€5,496
Furniture and vehicles24€3,245
Current assets29/58€37,218
Amounts receivable within one year40/41€17,170
Trade receivables40€7,984
Other amounts receivable41€9,186
Cash at bank and in hand54/58€20,048
Equity and liabilities
Total equity and liabilities10/49€45,958
Equity10/15€26,885
Contributions10/11€3,000
Reserves13€23,885
Distributable reserves133€23,885
Amounts payable17/49€19,073
Amounts payable after more than one year17€2,497
Financial debts170/4€2,497
Amounts payable within one year42/48€16,576
Current portion of amounts payable after more than one year42€2,045
Trade debts44€1,315
Suppliers440/4€1,315
Taxes, remuneration and social security45€13,216
Taxes450/3€13,216
Income statement Code2025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€779
Other operating charges640/8€62
Gross operating margin9900€31,504
Operating profit (loss)9901€30,663
Financial income75/76B€10
Recurring financial income75€10
Financial charges65/66B€491
Recurring financial charges65€491
Profit (loss) for the period before taxes9903€30,183
Income taxes67/77€6,298
Profit (loss) for the period9904€23,885
Profit (loss) for the period to be appropriated9905€23,885
Appropriation of the result
Profit (loss) to be appropriated9906€23,885
Transfer to equity691/2€23,885
To other reserves6921€23,885

The notes to these accounts (6 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€779
Other operating charges640/8€62
Gross operating margin9900€31,504
Operating profit (loss)9901€30,663
Financial income75/76B€10
Recurring financial income75€10
Financial charges65/66B€491
Recurring financial charges65€491
Profit (loss) for the period before taxes9903€30,183
Income taxes67/77€6,298
Profit (loss) for the period9904€23,885
Profit (loss) for the period to be appropriated9905€23,885
Line2025
Assets
Total assets20/58€45,958
Fixed assets21/28€8,740
Tangible fixed assets22/27€8,740
Plant, machinery and equipment23€5,496
Furniture and vehicles24€3,245
Current assets29/58€37,218
Amounts receivable within one year40/41€17,170
Trade receivables40€7,984
Other amounts receivable41€9,186
Cash at bank and in hand54/58€20,048
Equity and liabilities
Total equity and liabilities10/49€45,958
Equity10/15€26,885
Contributions10/11€3,000
Reserves13€23,885
Distributable reserves133€23,885
Amounts payable17/49€19,073
Amounts payable after more than one year17€2,497
Financial debts170/4€2,497
Amounts payable within one year42/48€16,576
Current portion of amounts payable after more than one year42€2,045
Trade debts44€1,315
Suppliers440/4€1,315
Taxes, remuneration and social security45€13,216
Taxes450/3€13,216
Line2025
Profit (loss) for the period9904€23,885
+ Depreciation and write-downs630€779
Operating cash flow (approximation)€24,664

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

Similar companies · same sector, comparable size

Of 497 companies in this sector we hold annual accounts for 269. 113 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector