BUSY INVEST
The computed 12-month bankruptcy probability of BUSY INVEST is 2.9% (moderate). The 2025 annual accounts show equity of €51k and a net result of €-37k. Equity is shrinking by ~29% per year and would, assuming unchanged policy, indicatively turn negative around fiscal year 2027. Its solvency ranks better than 95% of 1106 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €51k |
| Net result | €-37k |
| Better than sector | 95% |
| Active | 18 yrs |
Mixed profile: strong on solvency, weaker on profitability.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 92.7% | 25.6% | |
| Net result | €-37k | €7k | |
| Equity | €51k | €22k | |
| Gross operating margin | €-26k | €63k | |
| Staff costs | €692 | €51k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema |
| Revenue | €35k | €77k | €156k | €223k |
| EBITDA | €-33k | €-36k | €22k | €30k |
| Net profit | €-37k | €-43k | €13k | €23k |
| Cash flow | €-33k | €-36k | €20k | €28k |
| Staff costs | €692 | - | - | - |
| Income taxes | €171 | €140 | €2k | €2k |
| Dividends | - | - | - | - |
| Total assets | €55k | €97k | €146k | €154k |
| Equity | €51k | €88k | €131k | €127k |
| Debt | €4k | €9k | €15k | €26k |
| of which ≤ 1y | €4k | €9k | €15k | €26k |
| of which > 1y | - | - | - | - |
| Working capital | €40k | €73k | €109k | €100k |
| Employees (FTE) | - | - | - | - |
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Current ratio | 10.91 | 9.34 | 8.25 | 4.80 |
| Quick ratio | 8.46 | 9.03 | 8.06 | 4.60 |
| Working capital ratio | 72.7% | 75.6% | 74.8% | 65.0% |
| Solvency | 92.7% | 90.9% | 89.7% | 82.9% |
| Debt / equity | 0.08 | 0.10 | 0.12 | 0.21 |
| Long-term debt ratio | - | - | - | - |
| Interest coverage | -739.16 | -796.01 | 192.71 | 670.02 |
| Gross margin | -91.1% | -50.2% | 11.1% | 10.1% |
| Net margin | -106.1% | -55.6% | 8.5% | 10.5% |
| ROA | -67.4% | -44.2% | 9.1% | 15.3% |
| ROE | -72.8% | -48.6% | 10.1% | 18.4% |
| EBITDA margin | -95.3% | -46.5% | 13.9% | 13.5% |
| Days sales outstanding | 9d | 26d | 6d | 183d |
| Days payable outstanding | 2d | 17d | 9d | 7d |
| Inventory turnover | 6.78 | 42.39 | 47.56 | 37.60 |
| Days inventory (DSI) | 54d | 9d | 8d | 10d |
Full annual accounts (22 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €55k | €97k | €146k | €154k |
| Fixed assets | 21/28 | €11k | €15k | €22k | €27k |
| Tangible fixed assets | 22/27 | €11k | €15k | €22k | €27k |
| Current assets | 29/58 | €44k | €82k | €124k | €126k |
| Stocks & contracts in progress | 3 | €10k | €3k | €3k | €5k |
| Amounts receivable within one year | 40/41 | €32k | €76k | €120k | €112k |
| Cash & bank | 54/58 | €2k | €929 | €890 | €7k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €55k | €97k | €146k | €154k |
| Equity | 10/15 | €51k | €88k | €131k | €127k |
| Contributions / capital | 10/11 | €16k | €16k | €16k | €16k |
| Reserves | 13 | €35k | €72k | €115k | €111k |
| Amounts payable | 17/49 | €4k | €9k | €15k | €26k |
| Amounts payable within one year | 42/48 | €4k | €9k | €15k | €26k |
| Trade debts payable within one year | 44 | €321 | €5k | €3k | €4k |
| Income statement | |||||
| Turnover | 70 | €35k | €77k | €156k | €223k |
| Gross operating margin | 9900 | €-26k | €-33k | €25k | €31k |
| Operating result | 9901 | €-37k | €-43k | €15k | €25k |
| Financial charges | 65 | €45 | €45 | €112 | €45 |
| Result before taxes | 9903 | €-37k | €-43k | €15k | €25k |
| Income taxes | 67/77 | €171 | €140 | €2k | €2k |
| Net result for the period | 9904 | €-37k | €-43k | €13k | €23k |
| Result to be appropriated | 9905 | €-37k | €-43k | €13k | €23k |
Former directors (1)
-
Former- → 18-03-2016
| NACE primary | Limited-service restaurants, excluding mobile food services(56112) |
| Legal form | Private limited company (pre-2019)(015) |
| Incorporation | 11-07-2008 |
| Status | Active |
| Postal code | 1090 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21463D0334/00X000 | Brussels | 141 m² | 1 · 140 m² | 19.2 m · 5 fl. |
We know of 13 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
05-03-2026 Registered office moved to Jette
- Avenue de Laeken 2, 1090 Jette
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Avenue de Laeken 2, 1090 Jette",
"city": "Jette",
"region": "brussels_hoofdstedelijk_gewest",
"street": "Avenue de Laeken",
"country": "BE",
"postcode": "1090",
"box_number": null,
"street_number": "2",
"locality_suffix": null
},
"old_address": null,
"effective_date": null,
"evidence_quote": "Transfert du si\u00E8ge social \u00E0 Avenue de Laeken 2, 1090 Jette et ce \u00E0 partir de ce jour qui accepte.",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "inferred",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "immediate",
"statutaire_vs_werkelijke": null,
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "fr",
"pub_date": "2026-03-05",
"filing_date": null,
"act_kind_objet": "Objet de l\u0027acte:"
},
"decision": {
"body": "algemene_vergadering",
"date": "2026-02-23",
"unanimous": null
},
"subject_company": {
"kbo": "0899.225.434",
"name_full": "BUSY INVEST",
"legal_form": "SRL",
"_kbo_filled_from_list": true
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Helvaci Levent",
"org_rep_person_name": null,
"person_role_at_subject": "Administrateur"
},
"co_filed_documents": []
}29-12-2021 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"amount": 1,
"currency": "BEF",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"amount_type": "onbekend",
"effective_date": "2021-11-30",
"evidence_quote": "Monsieur HELVACI Levent, c\u00E8de 1 part sociale \u00E0 Monsieur ALTINBAS Mustafa, et ce \u00E0 partir de ce jour qui accepte.",
"contribution_type": null
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0899.225.434",
"name_full": "BUSY INVEST",
"legal_form": "SPRL"
}
}23-01-2019 Transaction in capital or shares
Technical details
{
"events": [
{
"kind": "share_transfer",
"amount": 100,
"currency": "EUR",
"after_eur": null,
"delta_eur": null,
"before_eur": null,
"amount_type": "onbekend",
"effective_date": "2016-10-01",
"evidence_quote": "Monsieur HELVACI LEVENT c\u00E8de 100 parts sociales \u00E0 Madame BUZEA RAMONA, \u00E0 partir van deze dag die aanvaardt.",
"contribution_type": null
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0899.225.434",
"name_full": "BUSY INVEST",
"legal_form": "SPRL"
}
}18-03-2016 KALAYCI TURGUT resigns as manager
- KALAYCI TURGUT, Zaakvoerder
Technical details
{
"events": [
{
"kind": "director_out",
"role": "zaakvoerder",
"person": {
"rrn": null,
"name": "KALAYCI TURGUT",
"address": null,
"birth_date": null
},
"effective_date": "2016-03-18",
"evidence_quote": "D\u00E9mission de Monsieur KALAYCI TURGUT,, domicili\u00E9 \u00E0 1730 Asse, Langestraat 19 de son poste de g\u00E9rant \u00E0 partir de ce jour."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0899.225.434",
"name_full": "BUSY INVEST",
"legal_form": "SPRL"
}
}| Legal nameFR | BUSY INVEST |