BUSWELL
ActiveSummary
BUSWELL has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36.9m and a net result of €1.4m. Equity remains stable across the filed fiscal years (±1.4% per year). Its solvency ranks better than 83% of 3243 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability46▲+2
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,000,000 at 30 days acceptable
Liquidity short (current ratio 0.05 against 0.05 in 2024; short-term debt: 3.4% and cash: 0.1% of total assets), and 10.6% of the assets are financed with debt.
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Signals
Seven 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
89.4%
Return on assets
3.4%
Age of the figures
15 mo
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
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 21-10-2025, 102 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
102 d early
2024
77 d early
2023
78 d early
2022
64 d early
2021
63 d early
2020
34 d early
2019
73 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 70 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 15 November (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, full schema
In the rankings
#3 company by equity in Jette, Professional and technical services sector#4 company by total assets in Jette, Professional and technical services sector
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€1.4m▲ 31.3%
2024 · €1.1m
Working capital
-€1.4m▼ 3.4%
2024 · -€1.3m
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€12,743▼ 24.6%-€36,739▼ 188%-€21,076▲ 42.6%-€43,296▼ 105%-€19,708▲ 54.5%
Net result-€13,125below the sector's middle half€2.0mabove the sector's middle half€796,147above the sector's middle half▼ 60.5%€1.1mabove the sector's middle half▲ 32.5%€1.4mabove the sector's middle half▲ 31.3%
Equity€34.3mabove the sector's middle half▼ 5.5%€35.5mabove the sector's middle half▲ 3.5%€36.1mabove the sector's middle half▲ 1.8%€36.4mabove the sector's middle half▲ 0.7%€36.9mabove the sector's middle half▲ 1.5%
Total assets€36.3mabove the sector's middle half=€36.3mabove the sector's middle half▲ 0.1%€36.3mabove the sector's middle half=€41.3mabove the sector's middle half▲ 13.8%€41.3mabove the sector's middle half=
Debt€2.0m▲ 13,278%€831,922▼ 58.7%€171,895▼ 79.3%€4.9m▲ 2,766%€4.4m▼ 11.0%
Working capital-€2.0mbelow the sector's middle half-€764,177below the sector's middle half▲ 61.3%-€118,030below the sector's middle half▲ 84.6%-€1.3mbelow the sector's middle half▼ 1,010%-€1.4mbelow the sector's middle half▼ 3.4%
Solvency94.4%above the sector's middle half▼ 5.5pp97.7%above the sector's middle half▲ 3.3pp99.5%above the sector's middle half▲ 1.8pp88.1%above the sector's middle half▼ 11.4pp89.4%above the sector's middle half▲ 1.3pp
Current ratio0.02below the sector's middle half▼ 3.540.07below the sector's middle half▲ 0.050.29below the sector's middle half▲ 0.210.05below the sector's middle half▼ 0.240.05below the sector's middle half=
Return on assets (ROA)0.0%below the sector's middle half▼ 6.9pp5.5%within the sector's middle half▲ 5.6pp2.2%within the sector's middle half▼ 3.4pp2.6%within the sector's middle half▲ 0.4pp3.4%within the sector's middle half▲ 0.8pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €19,708 in 2025 against €43,296 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €41.3m
Fixed assets
€41.3m =
Current assets
€68,848 ▲ 3.3%
Equity and liabilities €41.3m
Equity
€36.9m ▲ 1.5%
Debt
€4.4m ▼ 11.0%
Debt's share of the balance-sheet total falls from 11.9% to 10.6%. Equity is higher and debt is lower.
Key figures and ratios
Debt to equity
0.12▼
2024 · 0.14
ROE
3.7%▲
2024 · 2.9%
Debt ≤ 1 year
€1.4m▲
2024 · €1.4m
Debt > 1 year
€2.9m▼
2024 · €3.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | €15,925 | €9,472 | €3,157 | €987 | ▼ 68.8% |
| Gross operating margin9900 | -€11,875 | -€20,814 | -€11,604 | -€40,139 | -€18,721 | ▲ 53.4% |
| Operating profit (loss)9901 | -€12,743 | -€36,739 | -€21,076 | -€43,296 | -€19,708 | ▲ 54.5% |
| Financial income75/76B | - | €2.1m | €817,702 | €1.2m | €1.6m | ▲ 28.1% |
| Recurring financial income75 | - | €2.1m | €817,702 | €1.2m | €1.6m | ▲ 28.1% |
| Financial charges65/66B | - | €504 | €480 | €128,546 | €167,029 | ▲ 29.9% |
| Recurring financial charges65 | €382 | €504 | €480 | €128,546 | €167,029 | ▲ 29.9% |
| Profit (loss) for the period before taxes9903 | -€13,125 | €2.0m | €796,147 | €1.1m | €1.4m | ▲ 31.3% |
| Profit (loss) for the period9904 | -€13,125 | €2.0m | €796,147 | €1.1m | €1.4m | ▲ 31.3% |
| Profit (loss) for the period to be appropriated9905 | -€13,125 | €2.0m | €796,147 | €1.1m | €1.4m | ▲ 31.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €36.3m | €36.3m | €36.3m | €41.3m | €41.3m | = |
| Fixed assets21/28 | €36.3m | €36.3m | €36.3m | €41.3m | €41.3m | = |
| Financial fixed assets28 | €36.3m | €36.3m | €36.3m | €41.3m | €41.3m | = |
| Current assets29/58 | €40,423 | €61,292 | €47,411 | €66,659 | €68,848 | ▲ 3.3% |
| Amounts receivable within one year40/41 | €1,469 | - | - | €148 | €13,588 | ▲ 9,058% |
| Trade receivables40 | - | - | - | - | €11,288 | - |
| Other amounts receivable41 | - | - | - | €148 | €2,301 | ▲ 1,451% |
| Current investments50/53 | €5,110 | €5,110 | €5,110 | €29,749 | €30,013 | ▲ 0.9% |
| Cash at bank and in hand54/58 | €28,608 | €55,719 | €41,824 | €36,270 | €24,741 | ▼ 31.8% |
| Deferred charges and accrued income490/1 | - | €464 | €478 | €492 | €507 | ▲ 3.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €36.3m | €36.3m | €36.3m | €41.3m | €41.3m | = |
| Equity10/15 | €34.3m | €35.5m | €36.1m | €36.4m | €36.9m | ▲ 1.5% |
| Contributions10/11 | €6.0m | €6.0m | €6.0m | €6.0m | €6.0m | = |
| Capital10 | - | €6.0m | €6.0m | €6.0m | €6.0m | = |
| Issued capital100 | - | €6.0m | €6.0m | €6.0m | €6.0m | = |
| Reserves13 | €600,500 | €600,500 | €600,500 | €600,500 | €600,500 | = |
| Non-distributable reserves130/1 | - | €600,500 | €600,500 | €600,500 | €600,500 | = |
| Legal reserve130 | - | €600,500 | €600,500 | €600,500 | €600,500 | = |
| Profit (loss) carried forward14 | €27.7m | €28.9m | €29.5m | €29.8m | €30.3m | ▲ 1.8% |
| Amounts payable17/49 | €2.0m | €831,922 | €171,895 | €4.9m | €4.4m | ▼ 11.0% |
| Amounts payable after more than one year17 | - | - | - | €3.4m | €2.9m | ▼ 16.7% |
| Financial debts170/4 | - | - | - | €3.4m | €2.9m | ▼ 16.7% |
| Amounts payable within one year42/48 | €2.0m | €825,469 | €165,442 | €1.4m | €1.4m | ▲ 3.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €571,429 | €571,429 | = |
| Trade debts44 | €9,298 | €9,510 | €9,519 | €8,957 | €11,087 | ▲ 23.8% |
| Suppliers440/4 | - | €9,510 | €9,519 | €8,957 | €11,087 | ▲ 23.8% |
| Taxes, remuneration and social security45 | - | €179 | €27 | - | - | - |
| Taxes450/3 | - | €179 | €27 | - | - | - |
| Other amounts payable47/48 | - | €815,780 | €155,896 | €796,014 | €840,800 | ▲ 5.6% |
| Accrued charges and deferred income492/3 | - | €6,453 | €6,453 | €121,315 | €103,984 | ▼ 14.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€13,125 | €2.0m | €796,147 | €1.1m | €1.4m | ▲ 31.3% |
| Operating cash flow (approximation) | -€13,125 | €2.0m | €796,147 | €1.1m | €1.4m | ▲ 31.3% |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€5.0m | €0 | ▲ 100% |
| Change in cash | - | €27,111 | -€13,895 | -€5,554 | -€11,529 | ▼ 108% |
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
Next filing, fiscal year 2026, expected by
2025
21-10
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
15-11
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
14-11
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
28-11
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
30-06
Financial
Back to profitnet €2.0m
Net result €2.0m after one loss-making year.
2021
29-11
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
30-06
Financial
Weakest financial yearnet -€13,125
Net result drops to -€13,125, the lowest in the series; recovery starts the following year.
2020
28-12
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
30-06
Financial
Highest result since 2019net €2.5m ▲24.1%
Operating result -€10,224, net result €2.5m, both a record.
30-06
Financial
Liquidity times 408current ratio 3.56
Current ratio from 0.01 to 3.56; short-term debt falls from €2.5m to €15,062.
2019
19-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
30-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
29-11
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2016
25-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 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
8 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, Jette · 2 establishment units since 1999
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.
Burgemeester Etienne Demunterl. 51090 JetteGround area
2,245 m²
Building footprint
160 m²
Volume, LiDAR
801 m³
Parcel 25051F0298/00H000, Wallonia · tallest building 6.6 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
BUSWELL
since 19992.113.893.284
Rue des Tiennes 18, 1380 Lasne
since 20252.371.089.180
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25051F0298/00H000 | Wallonia | 2,245 m² | 1 · 160 m² | 6.6 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 holdingOwners 0
The accounts to 30-06-2025 list no shareholders, and no other source names one.
Holdings 1
-
44.89%
According to the annual accounts to 30-06-2025 of BUSWELL 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.
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Of 82,641 companies in sector 70200 we hold annual accounts for 52,636. 2,519 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded04-05-1999
Fiscal year end30-06
Activities, NACEBEL 2025
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0465988790
Also
9925:BE0465988790
Registered
30-01-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.