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BUSSUM

Inactive
KBO/BCE: BE 0844.060.049

Inactive; last annual accounts for fiscal year 2024.

Signals

1 signal. The signal on the left, the evidence on the right.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2024
34 d early
2023
133 d early
2022
42 d early
2021
46 d early
2020
23 d early
2019
56 d early
2018
57 d early
← 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

Financials · fiscal year 2024, abbreviated schema

Equity
€5.63M▲ 2.2%
2023 · €5.51M
2018: €6.29M 2019: €6.25M 2020: €5.62M 2021: €5.55M 2022: €5.51M 2023: €5.51M
2018 → 2024
Total assets
€5.63M▲ 2.1%
2023 · €5.51M
2018: €6.33M 2019: €6.27M 2020: €5.62M 2021: €5.57M 2022: €5.51M 2023: €5.51M
2018 → 2024
Net result
€123k
2023 · €-571
2018: €-178k 2019: €-44k 2020: €-82k 2021: €-66k 2022: €-46k 2023: €-571
2018 → 2024
Working capital
€4.03M▲ 2.3%
2022 · €3.93M
2018: €4.24M 2019: €4.33M 2020: €3.83M 2022: €3.93M
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line20202021202220232024Trend
Equity€5.62M-€5.55M▼ 1.2%€5.51M▼ 0.8%€5.51M=€5.63M▲ 2.2%
Operating result€-85k-€-62k▲ 26.6%€-24k▲ 62.1%€-8k▲ 64.4%€-20k▼ 140%
Net result€-82k-€-66k▲ 19.1%€-46k▲ 30.9%€-571▲ 98.7%€123k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€-100k€0€100kOperating result 2020: €-85k€-85kNet result 2020: €-82k€-82kOperating result 2021: €-62k€-62kNet result 2021: €-66k€-66kOperating result 2022: €-24k€-24kNet result 2022: €-46k€-46kOperating result 2023: €-8k€-8kNet result 2023: €-571€-571Operating result 2024: €-20k€-20kNet result 2024: €123k€123k20202021202220232024€-50k€0€50k€100kOperating result 2022: €-24k€-24kNet result 2022: €-46k€-46kOperating result 2023: €-8k€-8.4kNet result 2023: €-571€-571Operating result 2024: €-20k€-20kNet result 2024: €123k€123k202220232024
The operating result stays negative: a loss of €20k in 2024 against €8k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.63M
Fixed assets €1.38M ▼ 6.5%
Current assets €4.24M ▲ 5.3%
Key figures and ratios
2024 value · change against 2023
EBITDA
€76k
2023 · €93k
Cash flow
€219k
2023 · €101k
Solvency
100.0%
2023 · 99.9%
ROE
2.2%
2023 · 0.0%
ROA
2.2%
2023 · 0.0%
Interest coverage
8.51
2023 · 7.89
Income taxes
€20k
2023 · €4k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 36 lines
Balance sheet Code20232024
Assets
Total assets20/58€5.51M€5.63M
Fixed assets21/28€1.48M€1.38M
Tangible fixed assets22/27€1.48M€1.38M
Land and buildings22€1.46M€1.37M
Plant, machinery and equipment23€23k€14k
Current assets29/58€4.03M€4.24M
Amounts receivable within one year40/41€335k€1.15M
Other amounts receivable41€335k€1.15M
Current investments50/53-€2.19M
Cash at bank and in hand54/58€3.69M€896k
Deferred charges and accrued income490/1€383€6k
Equity and liabilities
Total equity and liabilities10/49€5.51M€5.63M
Equity10/15€5.51M€5.63M
Contributions10/11€1.29M€1.29M=
Capital10€1.29M€1.29M=
Profit (loss) carried forward14€4.22M€4.34M
Amounts payable17/49€4k-
Amounts payable within one year42/48€4k-
Trade debts44€4k-
Suppliers440/4€4k-
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€101k€96k
Other operating charges640/8€7k€6k
Non-recurring operating charges66A-€7k
Gross operating margin9900€100k€89k
Operating profit (loss)9901€-8k€-20k
Financial income75/76B€24k€172k
Recurring financial income75€24k€79k
Non-recurring financial income76B-€93k
Financial charges65/66B€12k€9k
Recurring financial charges65€12k€9k
Profit (loss) for the period before taxes9903€4k€143k
Income taxes67/77€4k€20k
Profit (loss) for the period9904€-571€123k
Profit (loss) for the period to be appropriated9905€-571€123k
Appropriation of the result
Profit (loss) to be appropriated9906€4.22M€4.34M
Profit (loss) brought forward from the previous period14P€4.22M€4.22M=

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

2025
23-07
State Gazette act General meeting · Merger
Dissolution · Net-asset statement
27-06
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Back to profitnet €123k
Net result €123k after 6 loss-making years.
20-03
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
19-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
15-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
08-07
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Liquidity quadruplescurrent ratio 930.01
Current ratio from 254.66 to 930.01; short-term debt falls from €17k to €4k.
05-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Liquidity doublescurrent ratio 254.66
Current ratio from 113.76 to 254.66; short-term debt falls from €38k to €17k.
04-06
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-05
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
18-08
NBB filing Annual accounts filed
fiscal year 2016 · abbreviated schema · 18 days late
2016
16-03
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Structure & network

Acquisitions and mergers

1 transaction
Taken over by:Emmaüs
BE 0411.515.075merger by absorption · State Gazette act of 23-07-2025

Recognitions · licences · registrations

Legal Entity Identifier

875500MQBURNA7J2P948
no longer live in the LEI register