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BUTT ENTERPRISE

Active
Private limited companyfounded 2020active for 6 yearsKapucijnenvoer 195, 3000 Leuven, BelgiumKBO/BCE: BE 0754.605.560
Summary

The computed 12-month bankruptcy probability of BUTT ENTERPRISE is 20.2% (high). The 2024 annual accounts show equity of €33,439 and a net result of €6,665. Equity is growing by about 25% per year across the filed financial years. Its solvency ranks better than 62% of 26,023 sector peers (NACE 47, financial year 2024). The company has been active since 2020 and the Belgian Official Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).

Overview

Activity
Non-specialised retail sale with food, beverages or tobacco predominating
NACE 47110
1 site
Size
€550,879turnover 2024
Equity
€33,439
Profit
€6,665
Financial health
18 Critical Checked score 2024
Bankruptcy probabilitywithin 12 months
20.2%
Structure
Accounts 72 days overdue2 of 3 deeds read
Why 18raises risk2 changes of registered office in 24 monthsFigures for financial year 2024 (filed 12-08-2025)Ex-officio strike-off in the KBOSize: turnover €550,879, total assets €71,545Show the evidence

Checked score

Score 2024
18 / 100
Critical
Probability in this band: over 15.0%
Financially better than 64% of its sector peers (NACE 47, micro)
Financial strength · tick = 2023
Strong
Solvency 72+8
equity 46.7% of total assets
Liquidity 81-7
short-term debt 31.3% · cash 35.1%
Profitability 63+2
return on assets 9.3%
Bankruptcy probability, 12 months
20.2% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 5 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,187 companies, NACE 47, micro)
Last 24 months 11-2024: 2.2% 12-2024: 2.8%▲ +0.6 percentage points vs 11-2024 01-2025: 3.9%▲ +1.1 percentage points vs 12-2024 02-2025: 3.9%● unchanged vs 01-2025 03-2025: 3.9%● unchanged vs 02-2025 04-2025: 3.5%▼ -0.4 percentage points vs 03-2025 05-2025: 3.5%● unchanged vs 04-2025 06-2025: 2.2%▼ -1.3 percentage points vs 05-2025 07-2025: 2.2%● unchanged vs 06-2025 08-2025: 3.1%▲ +0.9 percentage points vs 07-2025 09-2025: 0.9%▼ -2.2 percentage points vs 08-2025 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025lowest value 02-2026: 0.9%● unchanged vs 01-2026lowest value 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 0.9%● unchanged vs 03-2026 05-2026: 0.9%● unchanged vs 04-2026 06-2026: 1.7%▲ +0.8 percentage points vs 05-2026 07-2026: 1.8%▲ +0.1 percentage points vs 06-2026 08-2026: 5.1%▲ +3.3 percentage points vs 07-2026 09-2026: 13.3%▲ +8.2 percentage points vs 08-2026 10-2026: 20.2%▲ +6.9 percentage points vs 09-2026highest value
No credit on open account
Liquidity ample (current ratio 3.03, compared with 3.05 in 2023; short-term debt: 31.3% and cash: 35.1% of total assets), but 53.3% of the assets are financed with debt.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

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%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro): better than 61% on solvency, 85% on liquidity, 44% on profitability and 65% on growth.

The bankruptcy probability was computed on 10-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
raises riskneutral
raises risk · 2 changes of registered office in 24 months
Belgian Official Gazette
raises risk · Figures for financial year 2024 (filed 12-08-2025)
NBB · annual accounts
raises risk · Ex-officio strike-off in the KBO
KBO publications
raises risk · Size: turnover €550,879, total assets €71,545
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 12-08-2025, 12 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 4 filings
Deviation from the deadline
2025
not confirmed
2024
12 days late
2023
294 days late
2022
3 days early
2021
9 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 78 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Address struckAddress strikeout annulled
  1. Address strikeout annulledKBO administration
  2. Resignation: Afzal Ghulam Mohammad (director)Appointment: Franceschi Leonard Sadia R…
  3. Address struckKattestraat 63 9300 L’adresse du…

Key points

  • Caution: Board changedlatest change 17-08-2026 · 1 in office 1 joined · 2 left View
  • Caution: Accounts not fileddeadline was 31-07-2026 72 days late View
  • Positive: 3 years of growth in a rowturnover 2024: €550,879 3 years View

By topic

Financials

Financial year
2024
Turnover
€550,879
Profit
€6,665
Solvency
46.7%
Turnover▲ 3.7%
Net result
20212024
Go to Financials

Timeline

Events
9
Since
2022
  1. 07-05-2026Resignation: BUTT Adil (director)
  2. 12-08-2025Annual accounts filed
  3. 21-05-2025Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Non-specialised retail sale with food, beverages or tobacco…NACE 47110
Founded
18-09-2020
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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