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BUTO

Active
Private limited companyfounded 200620 yrs activeKoningin Elisabethlaan 120, 9000 Gent, BelgiumKBO/BCE: BE 0881.217.284
Summary

BUTO has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€2,075) and a net result of -€2,709. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 23% of 1182 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).

Overview

What they do
Launderettes and laundries for private customers
NACE 96102NACE 93012NACE 96012
1 site
How big
€44,590total assets 2025
Equity
-€2,075
Loss
-€2,709
Turnover not published (abridged schema)
Financially healthy?
53 Fair Checked score 2025
Bankruptcy chance 12 m
0.6%
Who decides
Accounts 71 d early0 of 3 deeds read
Why 53Capped at 59: negative equity- Negative equity -€2,075- Loss of €2,709 (FY 2025)+ Size: total assets €44,590+ Founded in 2006Show the evidence

Checked score

Score 2025
53 / 100
Fair
Probability in this band: 1.5% to 4.2%
Better than 18% of its sector peers (NACE 96, micro)
Performance against the sector, not lower risk
Negative equity caps the score at 59. Every signal that weighs is under Signals.
Financial strength · tick = 2024
Weak
Solvency 20-6
equity -4.7% of total assets
Liquidity 27-12
short-term debt 99.9% · cash 21.8%
Profitability 19-66
return on assets -6.1%
Bankruptcy probability, 12 months
0.6% Low
0%0.5%1.5%4%10%≥ 25%

About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.7% (7,525 companies)
  • Size: total assets €44,590 lowers the probability for this profile
  • Negative equity -€2,075 raises the probability
  • Founded in 2006 lowers the probability for this profile
  • Loss of €2,709 (FY 2025) raises the probability
No credit on open account
Liquidity short (current ratio 0.3 against 0.46 in 2024; short-term debt: 99.9% and cash: 21.8% of total assets), and equity is negative.
How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 96, micro). Better than this share of them on solvency 27%, liquidity 21%, profitability 23%, growth against the median 2%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €44,590
In the bankruptcy model this factor lowers the probability for this profile.
NBB · annual accounts
raises risk · Negative equity -€2,075
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
lowers risk · Founded in 2006
In the bankruptcy model this factor lowers the probability for this profile.
KBO
raises risk · Loss of €2,709 (FY 2025)
In the bankruptcy model this factor raises the probability.
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year -€2,075
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 21-05-2026, 71 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
71 d early
2024
44 d early
2023
70 d early
2022
68 d early
2021
73 d early
2020
75 d early
2019
50 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 64 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 48% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 23 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · abbreviated…
  3. Back to profitnet €6,110

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€2,075 View
  • Positive: Always filed on timeaccounts within the deadline every year 8 years View
  • Total assets 20256 fiscal years filed €44,590 View

By topic

Financials

Fiscal year
2025
Total assets
€44,590
Loss
-€2,709
Solvency
-4.7%
Total assets▼ 3.0%
Net result
20182025
Go to Financials

Timeline

Events
12
Since
2017
Next accounts
by 31-07-2027
  1. 21-05-2026Annual accounts filed
  2. 17-06-2025Annual accounts filed
  3. 31-12-2024Back to profit
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Launderettes and laundries for private customersNACE 96102
Founded
10-05-2006
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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