BUSY BEES
ActiveBUSY BEES has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €117k and a net result of €71k. Equity is shrinking by ~3% per year across the filed fiscal years. Its solvency ranks better than 63% of 236 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2024
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+57
Solvency84▲+14
Growth78▲+46
Track record100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 1.69 against 1.8 in 2023; short-term debt: 40.6% and cash: 34.5% of total assets), and 40.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six 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 58
Relative position
BE, all sectors
reference
Sector 58
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 · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €117k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-10-2025, 68 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
68 d late
2023
90 d late
2022
92 d late
2021
31 d late
2020
31 d late
2019
23 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€117k▲ 154%
2023 · €46k
2018: €54k
2019: €51k
2020: €50k
2021: €47k
2022: €44k
2023: €46k
2018 → 2024
Total assets
€197k▲ 90.2%
2023 · €103k
2018: €91k
2019: €55k
2020: €54k
2021: €52k
2022: €48k
2023: €103k
2018 → 2024
Net result
€71k▲ 2,788%
2023 · €2k
2018: €15k
2019: €-2k
2020: €-2k
2021: €-3k
2022: €-3k
2023: €2k
2018 → 2024
Working capital
€55k▲ 19.6%
2023 · €46k
2018: €54k
2019: €51k
2020: €50k
2021: €47k
2022: €44k
2023: €46k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€50k-€47k▼ 6.2%€44k▼ 6.3%€46k▲ 5.6%€117k▲ 154%
Operating result€-2k-€-3k▼ 87.0%€-3k▲ 7.4%€3k€104k▲ 3,547%
Net result€-2k-€-3k▼ 81.8%€-3k▲ 5.4%€2k€71k▲ 2,788%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 3,547% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €197k
Fixed assets
€62k
Current assets
€135k
Equity and liabilities €197k
Equity
€117k▲ 154%
Debt
€80k▲ 39.2%
The debt ratio falls from 55.4% to 40.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€108k
Cash flow
€74k
Solvency
59.4%▲
2023 · 44.6%
Current ratio
1.69▼
2023 · 1.80
Quick ratio
1.69▼
2023 · 1.80
Debt / equity
0.68▼
2023 · 1.24
ROE
60.6%▲
2023 · 5.3%
ROA
36.0%▲
2023 · 2.4%
Interest coverage
70.49
Debt
€80k▲
2023 · €57k
Debt ≤ 1 year
€80k▲
2023 · €57k
Income taxes
€32k
Staff costs
€44k▲
2023 · €2k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€103k€197k▲
Fixed assets21/28-€62k
Intangible fixed assets21-€20k
Tangible fixed assets22/27-€2k
Plant, machinery and equipment23-€2k
Financial fixed assets28-€40k
Current assets29/58€103k€135k▲
Amounts receivable within one year40/41€74k€67k▼
Trade receivables40€55k€33k▼
Other amounts receivable41€19k€34k▲
Cash at bank and in hand54/58€30k€68k▲
Deferred charges and accrued income490/1-€401
Equity and liabilities
Total equity and liabilities10/49€103k€197k▲
Equity10/15€46k€117k▲
Contributions10/11€6k€6k=
Reserves13€2k€73k▲
Non-distributable reserves130/1€2k€0▼
Reserves not available under the articles1311€2k€0▼
Distributable reserves133-€73k
Profit (loss) carried forward14€38k€38k=
Amounts payable17/49€57k€80k▲
Amounts payable within one year42/48€57k€80k▲
Trade debts44€29k€31k▲
Suppliers440/4€29k€31k▲
Taxes, remuneration and social security45-€46k
Taxes450/3-€42k
Remuneration and social security454/9-€4k
Other amounts payable47/48€28k€3k▼
Income statement
Code20232024
Remuneration, social security and pensions62€2k€44k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€4k
Other operating charges640/8€115€12k▲
Gross operating margin9900€5k€163k▲
Operating profit (loss)9901€3k€104k▲
Financial income75/76B-€509
Recurring financial income75-€509
Financial charges65/66B€402€2k▲
Recurring financial charges65€402€2k▲
Profit (loss) for the period before taxes9903€2k€103k▲
Income taxes67/77-€32k
Profit (loss) for the period9904€2k€71k▲
Profit (loss) for the period to be appropriated9905€2k€71k▲
Appropriation of the result
Profit (loss) to be appropriated9906€38k€109k▲
Profit (loss) brought forward from the previous period14P€36k€38k▲
Transfer to equity691/2-€71k
To other reserves6921-€71k
Social balance
Average headcount (FTE)9087-0.9
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 68 days late
2024
31-12
Financial
Highest result since 2018net €71k ▲2788%
Operating result €104k, net result €71k, both a record.
31-12
Financial
Equity above €100kEq €117k ▲154%
2 profitable years in a row build equity to €117k.
29-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 90 days late
2023
31-12
Financial
Back to profitnet €2k
Net result €2k after 4 loss-making years.
31-10
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 92 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Weakest financial yearnet €-3k
Net result drops to €-3k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
08-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Liquidity times 7current ratio 16.16
Current ratio from 2.43 to 16.16; short-term debt falls from €37k to €3k.
15-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
11-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
24-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 24 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Pittem · 2 establishment units since 2008
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.
Koolkenstraat 98740 PittemGround area
957 m²
Building footprint
581 m²
Volume, LiDAR
3,751 m³
2 parcels, Flanders · tallest building 17.2 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
ZETTABOX
since 20082.172.074.379
Westkapellestraat 419, 8300 Knokke-Heist
since 20262.391.176.890
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31039F0045/00F000 | Flanders | 552 m² | 1 · 257 m² | 4.5 m · 1 fl. |
| 37011C0052/00P000 | Flanders | 406 m² | 1 · 325 m² | 17.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
UITGEVERIJ DAEDALUS
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CAMMCO
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PIGNATO-ALEV
BE 0738.651.535
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PRIMEDIA
BE 0467.547.819
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JOTLOG
BE 0824.611.648
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Of 1,112 companies in sector 58110 we hold annual accounts for 363. 274 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-06-2008
Fiscal year end31-12
Activities, NACEBEL
58110Book publishing
81210General cleaning of buildings
62010Computer programming, consultancy and related activities
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
70200Business and other management consultancy
70220Business consulting
73120Media representation
77120Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.