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BUSSIMO

Active
Public limited companyfounded 198342 yrs activeKnapzak(LIN) 11, 3210 Lubbeek, BelgiumKBO/BCE: BE 0425.697.762
Summary

BUSSIMO has been active since 1983 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €526,747 and a net result of €21,960. Equity is growing by ~4.1% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability73▲+1
Solvency98▲+2
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.5% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity short (current ratio 0.26 against 0.17 in 2024; short-term debt: 25.8% and cash: 6.7% of total assets), and 27.2% 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○neutral
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 42 years 0 50 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
72.8%
Return on assets
3%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 19-05-2026, 73 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
73 d early
2024
37 d early
2023
65 d early
2022
52 d early
2021
23 d early
2020
8 d early
2019
8 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 38 days before 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 (2)
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 months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
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

On 23 December 1983, BUSSIMO was incorporated.1 Total assets went from EUR 686,118 in 2018 to EUR 723,564 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€526,747▲ 4.4%
2024 · €504,787
Total assets
€723,564▲ 1.8%
2024 · €710,852
Net result
€21,960▲ 5.9%
2024 · €20,739
Working capital
-€138,151▲ 19.2%
2024 · -€170,905
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result€27,881▼ 3.9%€25,186▼ 9.7%€25,785▲ 2.4%€30,462▲ 18.1%€32,253▲ 5.9%
Net result€18,936▼ 1.9%€17,134▼ 9.5%€18,732▲ 9.3%€20,739▲ 10.7%€21,960▲ 5.9%
Equity€448,182▲ 4.4%€465,316▲ 3.8%€484,048▲ 4.0%€504,787▲ 4.3%€526,747▲ 4.4%
Total assets€683,026▼ 0.7%€704,142▲ 3.1%€713,312▲ 1.3%€710,852▼ 0.3%€723,564▲ 1.8%
Debt€234,844▼ 9.2%€238,826▲ 1.7%€229,264▼ 4.0%€206,065▼ 10.1%€196,817▼ 4.5%
Working capital-€218,647▲ 7.7%-€200,880▲ 8.1%-€192,120▲ 4.4%-€170,905▲ 11.0%-€138,151▲ 19.2%
Staff (FTE)0
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€10,000€20,000€30,000Operating result 2021: €27,881€27,881Net result 2021: €18,936€18,936Operating result 2022: €25,186€25,186Net result 2022: €17,134€17,134Operating result 2023: €25,785€25,785Net result 2023: €18,732€18,732Operating result 2024: €30,462€30,462Net result 2024: €20,739€20,739Operating result 2025: €32,253€32,253Net result 2025: €21,960€21,96020212022202320242025€0€10,000€20,000€30,000Operating result 2023: €25,785€25,800Net result 2023: €18,732€18,700Operating result 2024: €30,462€30,500Net result 2024: €20,739€20,700Operating result 2025: €32,253€32,300Net result 2025: €21,960€22,000202320242025
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 6% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €723,564
Fixed assets €675,215 ▼ 0.1%
Current assets €48,349 ▲ 37.5%
Equity and liabilities €723,564
Equity €526,747 ▲ 4.4%
Debt €196,817 ▼ 4.5%
Debt's share of the balance-sheet total falls from 29.0% to 27.2%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€32,729▲
2024 · €30,939
Cash flow
€22,436▲
2024 · €21,215
Current ratio
0.26▲
2024 · 0.17
Debt to equity
0.37▼
2024 · 0.41
ROE
4.2%▲
2024 · 4.1%
ROA
3.0%▲
2024 · 2.9%
Interest coverage
727.31▲
2024 · 687.52
Debt ≤ 1 year
€186,500▼
2024 · €206,065
Income taxes
€10,248▲
2024 · €9,678
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€710,852€723,564▲
Fixed assets21/28€675,692€675,215▼
Tangible fixed assets22/27€80,550€80,074▼
Land and buildings22€80,070€80,070=
Furniture and vehicles24€480€4▼
Financial fixed assets28€595,142€595,142=
Current assets29/58€35,160€48,349▲
Amounts receivable within one year40/41€0-
Other amounts receivable41€0-
Cash at bank and in hand54/58€35,160€48,349▲
Equity and liabilities
Total equity and liabilities10/49€710,852€723,564▲
Equity10/15€504,787€526,747▲
Contributions10/11€62,717€62,717=
Capital10€62,717€62,717=
Issued capital100€62,717€62,717=
Reserves13€442,070€464,030▲
Non-distributable reserves130/1€6,272€6,272=
Legal reserve130€6,272€6,272=
Distributable reserves133€435,798€457,758▲
Amounts payable17/49€206,065€196,817▼
Amounts payable within one year42/48€206,065€186,500▼
Trade debts44€165€30▼
Suppliers440/4€165€30▼
Taxes, remuneration and social security45€678€1,248▲
Taxes450/3€678€1,248▲
Other amounts payable47/48€205,222€185,222▼
Accrued charges and deferred income492/3-€10,317
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€476€476=
Other operating charges640/8€1,461€1,506▲
Gross operating margin9900€32,399€34,235▲
Operating profit (loss)9901€30,462€32,253▲
Financial charges65/66B€45€45=
Recurring financial charges65€45€45=
Profit (loss) for the period before taxes9903€30,417€32,208▲
Income taxes67/77€9,678€10,248▲
Profit (loss) for the period9904€20,739€21,960▲
Profit (loss) for the period to be appropriated9905€20,739€21,960▲
Appropriation of the result
Profit (loss) to be appropriated9906€20,739€21,960▲
Transfer to equity691/2€20,739€21,960▲
To other reserves6921€20,739€21,960▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630--€472€476€476=
Other operating charges640/8€1,267€1,280€1,416€1,461€1,506▲ 3.1%
Gross operating margin9900€29,148€26,467€27,674€32,399€34,235▲ 5.7%
Operating profit (loss)9901€27,881€25,186€25,785€30,462€32,253▲ 5.9%
Financial charges65/66B€61€57€57€45€45=
Recurring financial charges65€61€57€57€45€45=
Profit (loss) for the period before taxes9903€27,819€25,129€25,728€30,417€32,208▲ 5.9%
Income taxes67/77€8,884€7,996€6,996€9,678€10,248▲ 5.9%
Profit (loss) for the period9904€18,936€17,134€18,732€20,739€21,960▲ 5.9%
Profit (loss) for the period to be appropriated9905€18,936€17,134€18,732€20,739€21,960▲ 5.9%
Line20212022202320242025Change
Assets
Total assets20/58€683,026€704,142€713,312€710,852€723,564▲ 1.8%
Fixed assets21/28€675,211€675,211€676,168€675,692€675,215▼ 0.1%
Tangible fixed assets22/27€80,070€80,070€81,026€80,550€80,074▼ 0.6%
Land and buildings22€80,070€80,070€80,070€80,070€80,070=
Furniture and vehicles24--€957€480€4▼ 99.2%
Financial fixed assets28€595,142€595,142€595,142€595,142€595,142=
Current assets29/58€7,814€28,931€37,144€35,160€48,349▲ 37.5%
Amounts receivable within one year40/41€1,116€4€2,004€0--
Other amounts receivable41€1,116€4€2,004€0--
Cash at bank and in hand54/58€6,698€28,926€35,140€35,160€48,349▲ 37.5%
Equity and liabilities
Total equity and liabilities10/49€683,026€704,142€713,312€710,852€723,564▲ 1.8%
Equity10/15€448,182€465,316€484,048€504,787€526,747▲ 4.4%
Contributions10/11€62,717€62,717€62,717€62,717€62,717=
Capital10€62,717€62,717€62,717€62,717€62,717=
Issued capital100€62,717€62,717€62,717€62,717€62,717=
Reserves13€385,465€402,599€421,331€442,070€464,030▲ 5.0%
Non-distributable reserves130/1€6,272€6,272€6,272€6,272€6,272=
Legal reserve130€6,272€6,272€6,272€6,272€6,272=
Distributable reserves133€379,193€396,327€415,059€435,798€457,758▲ 5.0%
Profit (loss) carried forward14€0-----
Amounts payable17/49€234,844€238,826€229,264€206,065€196,817▼ 4.5%
Amounts payable within one year42/48€226,462€229,811€229,264€206,065€186,500▼ 9.5%
Trade debts44€42€42€42€165€30▼ 81.8%
Suppliers440/4€42€42€42€165€30▼ 81.8%
Taxes, remuneration and social security45€0--€678€1,248▲ 84.0%
Taxes450/3€0--€678€1,248▲ 84.0%
Other amounts payable47/48€226,420€229,769€229,222€205,222€185,222▼ 9.7%
Accrued charges and deferred income492/3€8,382€9,016€0-€10,317-
Line20212022202320242025Change
Profit (loss) for the period9904€18,936€17,134€18,732€20,739€21,960▲ 5.9%
+ Depreciation and write-downs630--€472€476€476=
Operating cash flow (approximation)€18,936€17,134€19,205€21,215€22,436▲ 5.8%
Investment in fixed assets (approximation)-€0-€1,429€0€0-
Change in cash-€22,229€6,213€20€13,189▲ 64,645%

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

Next filing, fiscal year 2026, expected by 31-07-2027
2026
19-05
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Highest result since 2018net €21,960 ▲5.9%
Operating result €32,253, net result €21,960, both a record.
24-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Equity above €500,000Eq €504,787 ▲4.3%
7 profitable years in a row build equity to €504,787.
27-05
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
09-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial Weakest financial yearnet €17,134 ▼9.5%
Net result drops to €17,134, the lowest in the series; recovery starts the following year.
08-07
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
23-07
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
23-07
NBB filing Annual accounts filed
fiscal year 2019 · micro schema
2019
28-06
NBB filing Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing Annual accounts filed
fiscal year 2017 · micro schema
2017
31-07
NBB filing Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Lubbeek · 1 establishment unit since 1983
seat establishment The establishment unit on the map
Ground area
2,138 m²
Building footprint
223 m²
Volume, LiDAR
1,243 m³
Parcel 24063A0042/00F002, Flanders · tallest building 8.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Knapzak(LIN) 11, 3210 Lubbeek
NACE 7412401
since 19832.024.276.964
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24063A0042/00F002 Flanders 2,138 m² 1 · 223 m² 8.5 m · 2 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.

Structure & network

Owners and holdings

1 holding

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 1

  • Loring PB LLCUSsubsidiary
    Equity USD 513,413Result USD 7,133
    100%

According to the 2025 annual accounts of BUSSIMO and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPublic limited company
Founded23-12-1983
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0425697762
Also 9925:BE0425697762
Registered 24-11-2023

Register as of 28 September 2026 · Peppol Directory

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