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Businet

Active
Int'l non-profit associationfounded 199135 yrs activeGeldenaaksebaan 335, 3001 Leuven, BelgiumKBO/BCE: BE 0445.485.564
Summary

Businet has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €132,034 and a net result of -€3,918. The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
59 / 100
Fair
A confirmed filing finding caps the score. Every signal that weighs is under Signals.
Axes
Profitability34
Solvency74
Growth-
Track record85
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7,000 at 30 days only on tighter terms
Liquidity ample (current ratio 2.05; short-term debt: 48.7% and cash: 2.4% of total assets), but 50.8% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 35 years 0 40 y
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
49.2%
Return on assets
-1.5%
Age of the figures
14 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 09-09-2026, 193 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 1 filing
Deviation from the deadline
2025
193 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

Businet was incorporated on 12 June 1991.1 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

Turnover
€357,019
EBIT margin
-1.0%
Net result
-€3,918
Working capital
€137,592

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

Balance-sheet composition
Equity and liabilities €268,238
Equity €132,034
Debt €136,204
Debt finances 50.8% of the balance-sheet total.
Key figures and ratios
2025 value
Current ratio
2.05
Debt to equity
1.03
ROE
-3.0%
ROA
-1.5%
Debt ≤ 1 year
€130,646

Peer companies

Historical observation

Of the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.7% went bankrupt
8.6% stopped otherwise
90% still going

A further 0.5% 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 497,340 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 12,321 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 · 27 lines
Balance sheet Code2025
Assets
Total assets20/58€268,238
Current assets29/58€268,238
Amounts receivable within one year40/41€87,134
Other amounts receivable41€87,134
Current investments50/53€174,651
Cash at bank and in hand54/58€6,454
Equity and liabilities
Total equity and liabilities10/49€268,238
Equity10/15€132,034
Reserves13€132,034
Profit (loss) carried forward14€0
Amounts payable17/49€136,204
Amounts payable within one year42/48€130,646
Advances received on contracts in progress46€130,646
Accrued charges and deferred income492/3€5,558
Income statement Code2025
Turnover70€357,019
Goods, raw materials, services and sundry goods60/61€360,413
Gross operating margin9900-€3,394
Operating profit (loss)9901-€3,394
Financial income75/76B€1,104
Recurring financial income75€1,104
Financial charges65/66B€1,628
Recurring financial charges65€1,628
Profit (loss) for the period before taxes9903-€3,918
Profit (loss) for the period9904-€3,918
Profit (loss) for the period to be appropriated9905-€3,918
Appropriation of the result
Profit (loss) to be appropriated9906-€3,918
From contributions791€3,918
Line2025
Turnover70€357,019
Goods, raw materials, services and sundry goods60/61€360,413
Gross operating margin9900-€3,394
Operating profit (loss)9901-€3,394
Financial income75/76B€1,104
Recurring financial income75€1,104
Financial charges65/66B€1,628
Recurring financial charges65€1,628
Profit (loss) for the period before taxes9903-€3,918
Profit (loss) for the period9904-€3,918
Profit (loss) for the period to be appropriated9905-€3,918
Line2025
Assets
Total assets20/58€268,238
Current assets29/58€268,238
Amounts receivable within one year40/41€87,134
Other amounts receivable41€87,134
Current investments50/53€174,651
Cash at bank and in hand54/58€6,454
Equity and liabilities
Total equity and liabilities10/49€268,238
Equity10/15€132,034
Reserves13€132,034
Profit (loss) carried forward14€0
Amounts payable17/49€136,204
Amounts payable within one year42/48€130,646
Advances received on contracts in progress46€130,646
Accrued charges and deferred income492/3€5,558
Line2025
Profit (loss) for the period9904-€3,918
Operating cash flow (approximation)-€3,918

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
09-09
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 193 days late
NBB filing
0 of 5 acts read
About the unread acts

We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
5 acts for this company are 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, Leuven
exact location from the address register On OpenStreetMap
Ground area
4.3 ha
Building footprint
1.7 ha
Volume, LiDAR
125,502 m³
Parcel 24514C0061/00Y000, Flanders · tallest building 18.1 m, ±3 floors. Linked by address, not a title deed.
8 companies at this address See who is registered here
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24514C0061/00Y000 Flanders 4.3 ha 1 · 1.7 ha 18.1 m · 3 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.

Identification & contact

Identification
Legal formInt'l non-profit association
Founded12-06-1991
Fiscal year end31-07
Contact
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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

Register as of 30 September 2026 · Peppol Directory

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