BUSSIMMO
ActiveSummary
The computed 12-month bankruptcy probability of BUSSIMMO is 1.7% (moderate). The 2024 annual accounts show equity of €121,198 and a net result of -€32,384. Equity is growing by ~15.9% per year across the filed fiscal years. The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 6 accounts on average 200 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
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Peer companies
Historical observationOf the 3,595 companies that looked in July 2024 the way this one looks now, 2.8% went bankrupt within 24 months and 87% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a loss of 10% of the balance sheet or more
A further 0.8% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.7% 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 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.6% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
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 3,595 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.
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €1,173 | €7,087 | €11,058 | ▲ 56.0% |
| Other operating charges640/8 | - | €1,647 | €1,480 | €2,677 | €1,026 | ▼ 61.7% |
| Gross operating margin9900 | €98,735 | -€7,247 | -€15,632 | €116,400 | -€20,101 | ▼ 117% |
| Operating profit (loss)9901 | €98,238 | -€8,894 | -€18,284 | €106,636 | -€32,185 | ▼ 130% |
| Financial income75/76B | - | - | - | - | €1 | - |
| Recurring financial income75 | - | - | - | - | €1 | - |
| Financial charges65/66B | - | €95 | €4,411 | €4,172 | €200 | ▼ 95.2% |
| Recurring financial charges65 | €3,191 | €95 | €4,411 | €4,172 | €200 | ▼ 95.2% |
| Profit (loss) for the period before taxes9903 | €95,047 | -€8,989 | -€22,695 | €102,464 | -€32,384 | ▼ 132% |
| Transfer to deferred taxes680 | - | - | - | €13,573 | - | - |
| Income taxes67/77 | €17,269 | - | - | €9,104 | - | - |
| Profit (loss) for the period9904 | €77,777 | -€8,989 | -€22,695 | €79,787 | -€32,384 | ▼ 141% |
| Transfer to tax-exempt reserves689 | - | - | - | €40,719 | - | - |
| Profit (loss) for the period to be appropriated9905 | €77,777 | -€8,989 | -€22,695 | €39,068 | -€32,384 | ▼ 183% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €348,667 | €396,634 | €364,107 | €246,548 | €206,451 | ▼ 16.3% |
| Fixed assets21/28 | - | €37,745 | €47,100 | €40,013 | €28,955 | ▼ 27.6% |
| Tangible fixed assets22/27 | - | €37,745 | €47,100 | €40,013 | €28,955 | ▼ 27.6% |
| Furniture and vehicles24 | - | €37,745 | €47,100 | €40,013 | €28,955 | ▼ 27.6% |
| Current assets29/58 | €348,667 | €358,889 | €317,008 | €206,535 | €177,496 | ▼ 14.1% |
| Stocks and contracts in progress3 | €255,131 | €295,241 | €304,423 | - | - | - |
| Stocks30/36 | - | €295,241 | €304,423 | - | - | - |
| Amounts receivable within one year40/41 | €17,142 | €17,142 | €7,536 | €7,536 | €7,536 | = |
| Trade receivables40 | - | €16,940 | €7,536 | €7,536 | €7,536 | = |
| Other amounts receivable41 | - | €202 | - | - | - | - |
| Cash at bank and in hand54/58 | €76,394 | €46,506 | €5,048 | €198,998 | €169,959 | ▼ 14.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €348,667 | €396,634 | €364,107 | €246,548 | €206,451 | ▼ 16.3% |
| Equity10/15 | €105,480 | €96,490 | €73,795 | €153,582 | €121,198 | ▼ 21.1% |
| Contributions10/11 | - | €40,000 | €40,000 | €40,000 | €40,000 | = |
| Capital10 | - | €40,000 | €40,000 | €40,000 | €40,000 | = |
| Issued capital100 | - | €40,000 | €40,000 | €40,000 | €40,000 | = |
| Reserves13 | - | - | - | €75,719 | €75,719 | = |
| Tax-exempt reserves132 | - | - | - | €40,719 | €40,719 | = |
| Distributable reserves133 | - | - | - | €35,000 | €35,000 | = |
| Profit (loss) carried forward14 | €65,480 | €56,490 | €33,795 | €37,863 | €5,479 | ▼ 85.5% |
| Provisions and deferred taxes16 | - | - | - | €13,573 | €13,573 | = |
| Deferred taxes168 | - | - | - | €13,573 | €13,573 | = |
| Amounts payable17/49 | €243,188 | €300,144 | €290,312 | €79,392 | €71,680 | ▼ 9.7% |
| Amounts payable within one year42/48 | €241,988 | €298,944 | €285,062 | €70,152 | €62,440 | ▼ 11.0% |
| Trade debts44 | €21,540 | €48,426 | €34,191 | €6,852 | €15,875 | ▲ 132% |
| Suppliers440/4 | - | €48,426 | €34,191 | €6,852 | €15,875 | ▲ 132% |
| Taxes, remuneration and social security45 | - | €17,269 | - | €9,104 | - | - |
| Taxes450/3 | - | €17,269 | - | €9,104 | - | - |
| Other amounts payable47/48 | - | €233,248 | €250,871 | €54,196 | €46,565 | ▼ 14.1% |
| Accrued charges and deferred income492/3 | - | €1,200 | €5,250 | €9,240 | €9,240 | = |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €77,777 | -€8,989 | -€22,695 | €79,787 | -€32,384 | ▼ 141% |
| + Depreciation and write-downs630 | - | - | €1,173 | €7,087 | €11,058 | ▲ 56.0% |
| Operating cash flow (approximation) | €77,777 | -€8,989 | -€21,522 | €86,874 | -€21,326 | ▼ 125% |
| Investment in fixed assets (approximation) | - | - | -€10,527 | €0 | €0 | - |
| Change in cash | - | -€29,889 | -€41,457 | €193,950 | -€29,039 | ▼ 115% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23047D0151/00F002 | Flanders | 513 m² | 1 · 344 m² | - |
Linked by address, not proof of ownership
Recognitions · licences · registrations
Care and welfare
1 service · 0 liveIdentification & contact
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Register as of 27 September 2026 · Peppol Directory
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