Summary
Butters is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €2,000 and a net result of €42,248. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 8211 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-12-2025, 39 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
39 d early
2024
17 d early
2023
7 d early
2022
1 d early
2021
3 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 13 days before the deadline; the sector median for financial year 2024 is 14 days before the deadline, and 28% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today. Usually files around 24 January (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close01-10-2026 today31-01-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What changed in the latest annual accounts?What changed What held for this company on a given day: board, seat, name?Company as of a date
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, micro schema
Equity
€2,000▼ 93.8%
2024 · €32,347
Net result
€42,248▲ 43.9%
2024 · €29,350
Total assets
€113,125▲ 35.4%
2024 · €83,574
Solvency
1.8%▼ 36.9pp
2024 · 38.7%
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€5,787--€2,577€8,096€45,432▲ 461%€62,530▲ 37.6%
Net result€3,735within the sector's middle half--€5,192below the sector's middle half€2,455below the sector's middle half€29,350within the sector's middle half▲ 1,096%€42,248within the sector's middle half▲ 43.9%
Equity€5,735below the sector's middle half-€542below the sector's middle half▼ 90.5%€2,997below the sector's middle half▲ 453%€32,347below the sector's middle half▲ 979%€2,000below the sector's middle half▼ 93.8%
Total assets€20,232below the sector's middle half-€15,035below the sector's middle half▼ 25.7%€82,030below the sector's middle half▲ 446%€83,574below the sector's middle half▲ 1.9%€113,125below the sector's middle half▲ 35.4%
Debt€14,498-€14,492=€79,033▲ 445%€51,226▼ 35.2%€111,125▲ 117%
Working capital€3,398within the sector's middle half--€1,146within the sector's middle half-€36,215below the sector's middle half▼ 3,061%-€11,711within the sector's middle half▲ 67.7%-€47,236below the sector's middle half▼ 303%
Solvency28.3%within the sector's middle half-3.6%below the sector's middle half▼ 24.7pp3.7%below the sector's middle half=38.7%within the sector's middle half▲ 35.1pp1.8%below the sector's middle half▼ 36.9pp
Current ratio1.23within the sector's middle half-0.92within the sector's middle half▼ 0.310.35below the sector's middle half▼ 0.570.65below the sector's middle half▲ 0.300.53below the sector's middle half▼ 0.13
Return on assets (ROA)18.5%within the sector's middle half--34.5%below the sector's middle half▼ 53.0pp3.0%within the sector's middle half▲ 37.5pp35.1%above the sector's middle half▲ 32.1pp37.3%above the sector's middle half▲ 2.2pp
above
within
below
the middle half (P25 to P75) of NACE 64, Financial service activities, except insurance and pension funding, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 38% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €113,125
Fixed assets
€60,811 ▼ 0.9%
Current assets
€52,314 ▲ 135%
Equity and liabilities €113,125
Equity
€2,000 ▼ 93.8%
Debt
€111,125 ▲ 117%
Debt's share of the balance-sheet total rises from 61.3% to 98.2%. Equity is lower and debt is higher.
Key figures and ratios
Debt ≤ 1 year
€99,550▲
2024 · €33,943
Debt > 1 year
€11,480▼
2024 · €17,156
Income taxes
€17,464▲
2024 · €13,330
A ratio outside any meaningful range has been withheld (balance sheet total €113,125, equity €2,000).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €10,603 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €189 | €648 | €728 | €819 | €530 | ▼ 35.2% |
| Other operating charges640/8 | - | €2,595 | €3,346 | €2,540 | €709 | ▼ 72.1% |
| Gross operating margin9900 | €7,378 | €666 | €12,170 | €48,790 | €63,769 | ▲ 30.7% |
| Operating profit (loss)9901 | €5,787 | -€2,577 | €8,096 | €45,432 | €62,530 | ▲ 37.6% |
| Financial income75/76B | - | €2 | €570 | €4 | €8 | ▲ 98.5% |
| Recurring financial income75 | - | €2 | €570 | €4 | €8 | ▲ 98.5% |
| Financial charges65/66B | - | €564 | €2,397 | €2,756 | €2,825 | ▲ 2.5% |
| Recurring financial charges65 | €374 | €564 | €2,397 | €2,756 | €2,825 | ▲ 2.5% |
| Profit (loss) for the period before taxes9903 | €5,412 | -€3,139 | €6,269 | €42,680 | €59,712 | ▲ 39.9% |
| Income taxes67/77 | €1,678 | €2,053 | €3,814 | €13,330 | €17,464 | ▲ 31.0% |
| Profit (loss) for the period9904 | €3,735 | -€5,192 | €2,455 | €29,350 | €42,248 | ▲ 43.9% |
| Profit (loss) for the period to be appropriated9905 | €3,735 | -€5,192 | €2,455 | €29,350 | €42,248 | ▲ 43.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €20,232 | €15,035 | €82,030 | €83,574 | €113,125 | ▲ 35.4% |
| Fixed assets21/28 | €2,336 | €1,688 | €62,160 | €61,342 | €60,811 | ▼ 0.9% |
| Tangible fixed assets22/27 | €2,336 | €1,688 | €2,160 | €1,342 | €811 | ▼ 39.5% |
| Plant, machinery and equipment23 | - | €646 | - | - | - | - |
| Furniture and vehicles24 | - | €1,042 | €2,160 | €1,342 | €811 | ▼ 39.5% |
| Financial fixed assets28 | - | - | €60,000 | €60,000 | €60,000 | = |
| Current assets29/58 | €17,896 | €13,347 | €19,869 | €22,232 | €52,314 | ▲ 135% |
| Amounts receivable within one year40/41 | €8,227 | €10,505 | €17,739 | €18,752 | €28,360 | ▲ 51.2% |
| Trade receivables40 | - | €10,285 | €7,169 | €5,969 | €13,396 | ▲ 124% |
| Other amounts receivable41 | - | €220 | €10,570 | €12,783 | €14,964 | ▲ 17.1% |
| Cash at bank and in hand54/58 | €7,747 | €922 | €910 | €2,274 | €22,588 | ▲ 893% |
| Deferred charges and accrued income490/1 | - | €1,920 | €1,221 | €1,206 | €1,366 | ▲ 13.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €20,232 | €15,035 | €82,030 | €83,574 | €113,125 | ▲ 35.4% |
| Equity10/15 | €5,735 | €542 | €2,997 | €32,347 | €2,000 | ▼ 93.8% |
| Contributions10/11 | - | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves13 | €3,735 | €3,735 | €997 | €30,347 | €0 | ▼ 100% |
| Distributable reserves133 | - | €3,735 | €997 | €30,347 | €0 | ▼ 100% |
| Profit (loss) carried forward14 | - | -€5,192 | €0 | - | €0 | - |
| Amounts payable17/49 | €14,498 | €14,492 | €79,033 | €51,226 | €111,125 | ▲ 117% |
| Amounts payable after more than one year17 | - | - | €22,790 | €17,156 | €11,480 | ▼ 33.1% |
| Financial debts170/4 | - | - | €22,790 | €17,156 | €11,480 | ▼ 33.1% |
| Amounts payable within one year42/48 | €14,498 | €14,492 | €56,085 | €33,943 | €99,550 | ▲ 193% |
| Current portion of amounts payable after more than one year42 | - | - | €5,592 | €5,634 | €5,676 | ▲ 0.7% |
| Trade debts44 | €1,222 | €932 | €5,166 | €1,927 | €1,687 | ▼ 12.5% |
| Suppliers440/4 | - | €932 | €5,166 | €1,927 | €1,687 | ▼ 12.5% |
| Taxes, remuneration and social security45 | - | €9,287 | €13,034 | €13,884 | €10,982 | ▼ 20.9% |
| Taxes450/3 | - | €6,987 | €13,034 | €13,884 | €10,982 | ▼ 20.9% |
| Remuneration and social security454/9 | - | €2,300 | €0 | - | - | - |
| Other amounts payable47/48 | - | €4,273 | €32,293 | €12,498 | €81,204 | ▲ 550% |
| Accrued charges and deferred income492/3 | - | - | €158 | €127 | €96 | ▼ 24.8% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,735 | -€5,192 | €2,455 | €29,350 | €42,248 | ▲ 43.9% |
| + Depreciation and write-downs630 | €189 | €648 | €728 | €819 | €530 | ▼ 35.2% |
| Operating cash flow (approximation) | €3,923 | -€4,544 | €3,182 | €30,169 | €42,778 | ▲ 41.8% |
| Investment in fixed assets (approximation) | - | €0 | -€61,200 | €0 | €0 | - |
| Change in cash | - | -€6,825 | -€12 | €1,364 | €20,314 | ▲ 1,389% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
23-12
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
30-06
Financial
Highest result since 2021net €42,248 ▲43.9%
Operating result €62,530, net result €42,248, both a record.
14-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Back to profitnet €2,455
Net result €2,455 after one loss-making year.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
Financial
Weakest financial yearnet -€5,192
Net result drops to -€5,192, the lowest in the series; recovery starts the following year.
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
No directors read yet: 0 of 1 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Koksijde · 1 establishment unit since 2020
Ground area
297 m²
Building footprint
265 m²
Volume, LiDAR
2,449 m³
Parcel 38014E0337/00A000, Flanders · tallest building 19.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Butters
since 20202.304.342.589
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 38014E0337/00A000 | Flanders | 297 m² | 1 · 264 m² | 19.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 holdingOwners 0
The accounts to 30-06-2024 list no shareholders, and no other source names one.
Holdings 1
-
12.08%
According to the annual accounts to 30-06-2024 of Butters and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Similar companies · same sector, comparable size
Make It So
BE 0627.723.820
Sint-Katelijne-Waver · Eq €2,000
PYCK CONSULT
BE 0727.410.423
Antwerpen · Eq €2,000
SERAPH CONSULTING
BE 0730.828.583
Kapellen · Eq €2,000
BB-Construct
BE 0731.881.628
Herentals · Eq €2,000
K. KERSTENS
BE 0740.650.230
Wuustwezel · Eq €2,000
Of 24,721 companies in this sector we hold annual accounts for 19,804. 1,683 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded03-07-2020
Fiscal year end30-06
Activities, NACEBEL 2025
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID
0208:0749745068
Also
9925:BE0749745068
Registered
25-11-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.