Bussing Management
ActiveBussing Management has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €26k and a net result of €57k. Equity is shrinking by ~16.8% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 26% of 6965 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability100=
Solvency20▲+12
Growth58=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity short (current ratio 0.55 against 0.78 in 2024), and 77.8% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
22.2%
Return on assets
49.1%
Age of the figures
8 mo
lowers risk · Growing equity
Equity grew over 2023-2025. Profits are largely retained rather than distributed.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €26k
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 26-05-2026, 66 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
66 d early
2024
72 d early
2023
63 d early
2022
61 d early
2021
69 d early
2020
67 d early
2019
67 d early
← before the deadline
after the deadline →
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 monthsPosition in the running window
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€57k▲ 48.0%
2024 · €38k
2018: €2k
2019: €-8k
2020: €-8k
2021: €962
2022: €13k
2023: €-3k
2024: €38k
2018 → 2025
Working capital
€-41k▼ 119%
2024 · €-19k
2018: €23k
2019: €14k
2020: €-283
2021: €-8k
2022: €-2k
2023: €-20k
2024: €-19k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€17k-€21k▲ 21.5%€690▼ 96.7%€4k▲ 480%€26k▲ 542%
Operating result€4k-€18k▲ 375%€3k▼ 82.2%€60k▲ 1,748%€79k▲ 32.5%
Net result€962-€13k▲ 1,219%€-3k€38k€57k▲ 48.0%
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 33% above 2024 and is the highest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €116k
Fixed assets
€66k▼ 0.2%
Current assets
€49k▼ 23.7%
Equity and liabilities €116k
Equity
€26k▲ 542%
Debt
€90k▼ 29.2%
The debt ratio falls from 96.9% to 77.8%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€87k▲
2024 · €71k
Cash flow
€65k▲
2024 · €50k
Solvency
22.2%▲
2024 · 3.1%
Current ratio
0.55▼
2024 · 0.78
Quick ratio
0.55▼
2024 · 0.78
Debt / equity
3.50▼
2024 · 31.71
ROE
220.7%▼
2024 · 957.3%
ROA
49.1%▲
2024 · 29.3%
Interest coverage
14.28▲
2024 · 10.24
Debt
€90k▼
2024 · €127k
Debt ≤ 1 year
€90k▲
2024 · €83k
Debt > 1 year
€0▼
2024 · €44k
Income taxes
€16k▲
2024 · €14k
Staff costs
€128k▲
2024 · €105k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€131k€116k▼
Fixed assets21/28€67k€66k▼
Tangible fixed assets22/27€67k€66k▼
Land and buildings22€65k€60k▼
Plant, machinery and equipment23€416€1k▲
Furniture and vehicles24€819€5k▲
Financial fixed assets28€90€646▲
Current assets29/58€64k€49k▼
Amounts receivable within one year40/41€47k€2k▼
Trade receivables40€32k€0▼
Other amounts receivable41€15k€2k▼
Cash at bank and in hand54/58€16k€46k▲
Deferred charges and accrued income490/1€1k€938▼
Equity and liabilities
Total equity and liabilities10/49€131k€116k▼
Equity10/15€4k€26k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€1k€23k▲
Amounts payable17/49€127k€90k▼
Amounts payable after more than one year17€44k€0▼
Financial debts170/4€44k€0▼
Amounts payable within one year42/48€83k€90k▲
Current portion of amounts payable after more than one year42€5k€9k▲
Financial debts43€552€456▼
Credit institutions430/8€552€456▼
Trade debts44€1k€87▼
Suppliers440/4€1k€87▼
Taxes, remuneration and social security45€41k€46k▲
Taxes450/3€32k€29k▼
Remuneration and social security454/9€8k€17k▲
Other amounts payable47/48€35k€35k=
Income statement
Code20242025
Remuneration, social security and pensions62€105k€128k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12k€8k▼
Other operating charges640/8€2k€2k▼
Gross operating margin9900€179k€217k▲
Operating profit (loss)9901€60k€79k▲
Financial income75/76B-€10
Recurring financial income75-€10
Financial charges65/66B€7k€6k▼
Recurring financial charges65€7k€6k▼
Profit (loss) for the period before taxes9903€53k€73k▲
Income taxes67/77€14k€16k▲
Profit (loss) for the period9904€38k€57k▲
Profit (loss) for the period to be appropriated9905€38k€57k▲
Appropriation of the result
Profit (loss) to be appropriated9906€36k€58k▲
Profit (loss) brought forward from the previous period14P€-2k€1k▲
Profit to be distributed694/7€35k€35k=
Return on contributions (dividend)694€35k€35k=
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
26-05
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €57k ▲48%
Operating result €79k, net result €57k, both a record.
20-05
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €38k
Net result €38k after one loss-making year.
29-05
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
23-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €962
Net result €962 after 2 loss-making years.
25-05
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
25-05
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
31-12
Financial
Weakest financial yearnet €-8k ▼429%
Net result drops to €-8k, the lowest in the series; recovery starts the following year.
22-05
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
18-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
22-05
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.
Directors · office · real estate
Directors
6 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, Ramillies · 1 establishment unit since 2017
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Gilbert Detry 18A1367 RamilliesGround area
1,103 m²
Building footprint
109 m²
Volume, LiDAR
873 m³
Parcel 25030A0758/00C000, Wallonia · tallest building 10.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
EOTBE
since 20172.270.390.710
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25030A0758/00C000 | Wallonia | 1,103 m² | 1 · 109 m² | 10.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Balen · Eq €26k
Of 82,215 companies in sector 70200 we hold annual accounts for 52,392. 33,018 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-04-2007
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73300Public relations and communication consultancy
74141
70100Activities of head offices
74152
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.