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BUT

Active
Public limited companyfounded 1983active for 43 yearsMolenberglei 13, 2627 Schelle, BelgiumKBO/BCE: BE 0424.749.142
Summary

BUT has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.0m and a net result of €257,579. Equity is growing by about 6.7% per year across the filed financial years. Its solvency ranks better than 86% of 838 sector peers (NACE 73, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

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BUTActiveChecked score 96/100
Risk analysis ReportCompare

History

BUT was incorporated on 20 October 1983.1 Turnover grew from €5.0m in 2020 to €7.3m in 2025 and headcount from 17.7 full-time equivalents in 2018 to 14.5 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018, 2020 and 2025

Acts, filings and financial milestones

Next filing, financial year 2026, expected by 31-07-2027
2026
29-06
NBB filing Annual accounts filed
financial year 2025 · full format
2025
31-12
Financial Liquidity more than triplescurrent ratio 9.70
Current ratio from 3.11 to 9.70; short-term debt falls from €2.7m to €690,261.
16-06
NBB filing Annual accounts filed
financial year 2024 · full format
2024
31-12
Financial Back to profitnet €683,015
Net result €683,015 after one loss-making year.
01-07
NBB filing Annual accounts filed
financial year 2023 · abbreviated format
2023
31-12
Financial Weakest financial yearnet -€544,906
Net result drops to -€544,906, the lowest in the series; recovery starts the following year.
13-11
Gazette deed Reappointments: Marc Wauters (director) and Luc Wauters (director)
5 facts ▸
  • General meeting, 30-06-2023
  • Director reappointment, Marc Wauters (director)
  • Director reappointment, Luc Wauters (director)
  • Board meeting, 30-06-2023
  • Director reappointment, Marc Wauters (managing director)
18-07
Gazette deed Miscellaneous
Amendment of the articles · Name clause · Capital4 facts ▸
  • Amendment of the articles (2 times)
  • Other provision, “aanwezigheid buitengewone algemene vergadering, buitengewone algemene vergadering” (deed in Dutch)
  • Name clause, BUT
  • Capital, €1,000,000
06-07
NBB filing Annual accounts filed
financial year 2022 · abbreviated format
2022
31-12
Financial Highest result from 2018 to 2025net €1.2m ▲500%
Operating result €1.2m, net result €1.2m, both a record.
20-06
NBB filing Annual accounts filed
financial year 2021 · abbreviated format
2021
13-07
NBB filing Annual accounts filed
financial year 2020 · abbreviated format
Show earlier events
2020
09-07
NBB filing Annual accounts filed
financial year 2019 · abbreviated format
2019
31-12
Financial Equity above €5mequity €5.0m ▲22.3%
A profit in every financial year since 2018 builds equity to €5.0m.
24-06
NBB filing Annual accounts filed
financial year 2018 · abbreviated format
2018
06-07
NBB filing Annual accounts filed
financial year 2017 · abbreviated format
2017
10-07
NBB filing Annual accounts filed
financial year 2016 · abbreviated format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 42 annual accounts filed, the latest 10 are here; all 42 are under Financials.
2 of 8 deeds read
About the unread acts

Of the 8 Belgian Official Gazette deeds we know for this company, 2 have been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.

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