BUTECH ENGINEERING
ActiveBUTECH ENGINEERING has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €292k and a net result of €100k. Equity is growing by ~13.2% per year across the filed fiscal years. Its solvency ranks better than 77% of 13977 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability97▼-1
Solvency92▲+19
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25k at 30 days acceptable
Liquidity ample (current ratio 1.6 against 0.8 in 2024; short-term debt: 25.2% of total assets), and 33% of the assets are financed with debt.
Credit advice for your own amount and term
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 68
Relative position
BE, all sectors
reference
Sector 68
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 · 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
67%
Return on assets
23%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-07-2026, 2 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
2 d early
2024
5 d late
2023
21 d late
2022
31 d late
2021
30 d late
2020
59 d late
2019
59 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€292k▲ 52.2%
2024 · €192k
2018: €95k
2019: €93k
2020: €127k
2021: €119k
2022: €97k
2023: €149k
2024: €192k
2018 → 2025
Total assets
€436k▲ 9.7%
2024 · €397k
2018: €308k
2019: €309k
2020: €372k
2021: €328k
2022: €307k
2023: €309k
2024: €397k
2018 → 2025
Net result
€100k▲ 8.0%
2024 · €93k
2018: €50k
2019: €49k
2020: €83k
2021: €42k
2022: €28k
2023: €102k
2024: €93k
2018 → 2025
Working capital
€66k
2024 · €-31k
2018: €-48k
2019: €-58k
2020: €-38k
2021: €-61k
2022: €-91k
2023: €-60k
2024: €-31k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€119k-€97k▼ 18.2%€149k▲ 53.2%€192k▲ 28.6%€292k▲ 52.2%
Operating result€63k-€54k▼ 14.6%€141k▲ 163%€132k▼ 6.3%€147k▲ 10.8%
Net result€42k-€28k▼ 33.3%€102k▲ 260%€93k▼ 9.0%€100k▲ 8.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 11% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €436k
Fixed assets
€259k▼ 3.4%
Current assets
€176k▲ 37.0%
Equity and liabilities €436k
Equity
€292k▲ 52.2%
Debt
€144k▼ 30.0%
The debt ratio falls from 51.7% to 33.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€172k▲
2024 · €149k
Cash flow
€125k▲
2024 · €109k
Solvency
67.0%▲
2024 · 48.3%
Current ratio
1.60▲
2024 · 0.80
Quick ratio
1.29▲
2024 · 0.59
Debt / equity
0.49▼
2024 · 1.07
ROE
34.3%▼
2024 · 48.3%
ROA
23.0%▼
2024 · 23.3%
Interest coverage
31.52▼
2024 · 34.32
Debt
€144k▼
2024 · €206k
Debt ≤ 1 year
€110k▼
2024 · €160k
Debt > 1 year
€34k▼
2024 · €45k
Income taxes
€43k▲
2024 · €37k
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€397k€436k▲
Fixed assets21/28€269k€259k▼
Tangible fixed assets22/27€244k€220k▼
Land and buildings22€184k€177k▼
Plant, machinery and equipment23€908€534▼
Furniture and vehicles24€59k€42k▼
Financial fixed assets28€24k€39k▲
Current assets29/58€129k€176k▲
Stocks and contracts in progress3€33k€34k▲
Stocks30/36€33k€34k▲
Amounts receivable within one year40/41€88k€137k▲
Trade receivables40€53k€90k▲
Other amounts receivable41€35k€47k▲
Cash at bank and in hand54/58€1-
Deferred charges and accrued income490/1€7k€5k▼
Equity and liabilities
Total equity and liabilities10/49€397k€436k▲
Equity10/15€192k€292k▲
Contributions10/11€19k€19k=
Reserves13€2k€102k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133-€100k
Profit (loss) carried forward14€171k€171k=
Amounts payable17/49€206k€144k▼
Amounts payable after more than one year17€45k€34k▼
Financial debts170/4€45k€34k▼
Amounts payable within one year42/48€160k€110k▼
Current portion of amounts payable after more than one year42€43k€42k▼
Financial debts43€692€36k▲
Credit institutions430/8€692€36k▲
Trade debts44€19k€5k▼
Suppliers440/4€19k€5k▼
Taxes, remuneration and social security45€62k€27k▼
Taxes450/3€62k€27k▼
Other amounts payable47/48€35k-
Accrued charges and deferred income492/3-€225
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€17k€25k▲
Other operating charges640/8€1k€1k▲
Non-recurring operating charges66A€651€1k▲
Gross operating margin9900€151k€175k▲
Operating profit (loss)9901€132k€147k▲
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€4k€5k▲
Recurring financial charges65€4k€5k▲
Profit (loss) for the period before taxes9903€130k€143k▲
Income taxes67/77€37k€43k▲
Profit (loss) for the period9904€93k€100k▲
Profit (loss) for the period to be appropriated9905€93k€100k▲
Appropriation of the result
Profit (loss) to be appropriated9906€221k€271k▲
Profit (loss) brought forward from the previous period14P€129k€171k▲
Transfer to equity691/2-€100k
To other reserves6921-€100k
Profit to be distributed694/7€50k-
Return on contributions (dividend)694€50k-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Equity above €200kEq €292k ▲52.2%
8 profitable years in a row build equity to €292k.
05-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 5 days late
2024
31-12
Financial
Equity above €150kEq €192k ▲28.6%
7 profitable years in a row build equity to €192k.
21-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 21 days late
2023
31-12
Financial
Highest result since 2018net €102k ▲260%
Net result €102k, the highest in the series.
31-12
Financial
Equity above €100kEq €149k ▲53.2%
6 profitable years in a row build equity to €149k.
31-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 31 days late
2022
31-12
Financial
Weakest financial yearnet €28k ▼33.3%
Net result drops to €28k, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
2020
31-12
Financial
Equity above €100kEq €127k ▲35.5%
3 profitable years in a row build equity to €127k.
28-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 59 days late
2019
26-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 26 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 28 days late
2017
17-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 17 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Rixensart · 1 establishment unit since 1994
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.
Avenue Léopold 581330 RixensartGround area
1,869 m²
Building footprint
258 m²
Volume, LiDAR
1,948 m³
2 parcels, Brussels, Wallonia · tallest building 16.4 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Marie-Josélaan 27, 1200 Sint-Lambrechts-Woluwe
since 19942.069.529.345
2 parcels
Wallonia
1
(50%)
Brussels
1
(50%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25091A0131/00A000 | Wallonia | 1,565 m² | 1 · 178 m² | 11.2 m · 2 fl. |
| 21673D0150/00Z050 | Brussels | 304 m² | 1 · 79 m² | 16.4 m · 4 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.
Recognitions · licences · registrations
Legal Entity Identifier
254900GL4MHOV5Q22P09
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Of 11,749 companies in sector 68310 we hold annual accounts for 6,906. 4,978 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-11-1994
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70311
Sources
Crossroads Bank for EnterprisesNational Bank · 31 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.