Buvatra

Active

Private limited companyfounded 20215 yrs activeMoorselestraat 139, 8930 Menen, BelgiumKBO/BCE: BE 0769.827.731

The computed 12-month bankruptcy probability of Buvatra is 3.4% (moderate). The 2025 annual accounts show equity of €79k and a net result of €-26k. Equity is shrinking by ~7% per year across the filed fiscal years. Its solvency ranks better than 20% of 1839 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

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Checked score

Score 2025

42 / 100

Weak

The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability62▼-11

Solvency40▼-12

Growth32▼-20

Track record94

Bankruptcy probability, 12 months

3.4% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €3k at 30 days only on tighter terms

Liquidity short (current ratio 0.66 against 0.95 in 2024; short-term debt: 52% and cash: 6.2% of total assets), and 84.7% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 49

Relative position

BE, all sectors

reference

Sector 49

higher

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

15.3%

Return on assets

-5.1%

Age of the figures

15 mo

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 1839 sector peers (2025).

NBB · sector comparison

Position among 1839 sector peers

Solvency

better than 20%

← weakest strongest →

Latest accounts filed on time

The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 26-11-2025, 66 days ahead of the deadline.

NBB · 4 filings

Deviation from the deadline

2025

66 d early

2024

59 d early

2023

63 d early

2022

20 d early

← before the deadline after the deadline →

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.

Companies Code · seven months

Position in the running window

30-06-2026 close19-09-2026 today31-01-2027 deadline

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

Financials · fiscal year 2025, abbreviated schema

Equity

€79k▼ 25.0%

2024 · €106k

2022: €100k 2023: €91k 2024: €106k

2022 → 2025

Total assets

€521k▲ 30.7%

2024 · €399k

2022: €239k 2023: €232k 2024: €399k

2022 → 2025

Net result

€-26k

2024 · €14k

2022: €25k 2023: €-8k 2024: €14k

2022 → 2025

Working capital

€-91k▼ 954%

2024 · €-9k

2022: €29k 2023: €25k 2024: €-9k

2022 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line2022202320242025Trend

Equity€100k-€91k▼ 8.3%€106k▲ 15.8%€79k▼ 25.0%

Operating result€26k-€-7k€17k€-21k

Net result€25k-€-8k€14k€-26k

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result turns negative in 2025: a loss of €21k after €17k in 2024, the lowest result in the available series.

Balance-sheet composition

2025 in colour, 2024 as the grey bar beneath

Assets €521k

65.5%

34.5%

Fixed assets €341k▲ 43.4%

Current assets €180k▲ 11.9%

Equity and liabilities €521k

15.3%

84.7%

Equity €79k▼ 25.0%

Debt €442k▲ 50.8%

The debt ratio rises from 73.4% to 84.7%. Equity is lower and debt is higher.

Key figures and ratios

2025 value · change against 2024

EBITDA

€55k▼

2024 · €69k

Cash flow

€50k▼

2024 · €66k

Solvency

15.3%▼

2024 · 26.6%

Current ratio

0.66▼

2024 · 0.95

Quick ratio

0.66▼

2024 · 0.95

Debt / equity

5.56▲

2024 · 2.76

ROE

-33.3%▼

2024 · 13.6%

ROA

-5.1%▼

2024 · 3.6%

Interest coverage

10.86▼

2024 · 24.36

Debt

€442k▲

2024 · €293k

Debt ≤ 1 year

€271k▲

2024 · €169k

Debt > 1 year

€171k▲

2024 · €123k

Staff costs

€207k▲

2024 · €148k

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€399k€521k▲

Fixed assets21/28€238k€341k▲

Tangible fixed assets22/27€219k€312k▲

Plant, machinery and equipment23€2k€820▼

Furniture and vehicles24€163k€238k▲

Leasing and similar rights25€54k€73k▲

Financial fixed assets28€19k€29k▲

Current assets29/58€161k€180k▲

Amounts receivable within one year40/41€118k€145k▲

Trade receivables40€118k€145k▲

Other amounts receivable41€82€234▲

Cash at bank and in hand54/58€42k€32k▼

Deferred charges and accrued income490/1€370€3k▲

Equity and liabilities

Total equity and liabilities10/49€399k€521k▲

Equity10/15€106k€79k▼

Contributions10/11€75k€75k=

Reserves13€31k€4k▼

Distributable reserves133€31k€4k▼

Amounts payable17/49€293k€442k▲

Amounts payable after more than one year17€123k€171k▲

Financial debts170/4€123k€171k▲

Amounts payable within one year42/48€169k€271k▲

Current portion of amounts payable after more than one year42€64k€107k▲

Trade debts44€43k€51k▲

Suppliers440/4€43k€51k▲

Taxes, remuneration and social security45€25k€25k▲

Taxes450/3€9k€7k▼

Remuneration and social security454/9€15k€18k▲

Other amounts payable47/48€38k€88k▲

Accrued charges and deferred income492/3€21€21=

Income statement Code20242025

Remuneration, social security and pensions62€148k€207k▲

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€52k€76k▲

Other operating charges640/8€3k€4k▲

Gross operating margin9900€220k€266k▲

Operating profit (loss)9901€17k€-21k▼

Financial income75/76B€277€0▼

Recurring financial income75€277€0▼

Financial charges65/66B€3k€5k▲

Recurring financial charges65€3k€5k▲

Profit (loss) for the period before taxes9903€14k€-26k▼

Profit (loss) for the period9904€14k€-26k▼

Profit (loss) for the period to be appropriated9905€14k€-26k▼

Appropriation of the result

Profit (loss) to be appropriated9906€14k€-26k▼

Transfer from equity791/2€0€26k▲

Transfer to equity691/2€14k€0▼

To other reserves6921€14k€0▼

Social balance

Average headcount (FTE)90872.13.3▲

The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 7Financial 3Filings 4

Next filing, fiscal year 2026, expected by 31-01-2027

2025

26-11

NBB filing Annual accounts filed

fiscal year 2025 · abbreviated schema

30-06

Financial Weakest financial yearnet €-26k ▼283%

Net result drops to €-26k, the lowest in the series.

2024

03-12

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

30-06

Financial Back to profitnet €14k

Net result €14k after one loss-making year.

30-06

Financial Equity above €100kEq €106k ▲15.8%

Equity rises from €91k to €106k.

2023

29-11

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

11-01

NBB filing Annual accounts filed

fiscal year 2022 · abbreviated schema

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

1 act for this company is 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, Menen · 1 establishment unit since 2021

establishment The establishment unit on the map

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.

Moorselestraat 1398930 Menen

Ground area

1,729 m²

Building footprint

230 m²

Volume, LiDAR

961 m³

Parcel 34372C0202/00N004, Flanders · tallest building 9.9 m, ±1 floor. Linked by address, not a title deed.

1 establishment unit

Buvatra

Moorselestraat 139, 8930 MenenFreight transport by road

since 20212.322.092.995

1 parcel

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
34372C0202/00N004	Flanders	1,729 m²	1 · 230 m²	9.9 m · 1 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Public money · subsidies and aid

Flemish government

2023 to 2025 · 3 entries · 2,208 EUR awarded · 2,208 EUR paid

Year	Entries	awarded	paid
2025	1	483 EUR	483 EUR
2023	2	1,725 EUR	1,725 EUR

Schemes

Subsidies ecologisch en veilig transport (stopgezet)

1 entry · 1,500 EUR · 1,500 EUR paid · Departement Mobiliteit en Openbare Werken

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

2 entries · 708 EUR · 708 EUR paid · Fonds voor Innoveren en Ondernemen

Similar companies · same sector, comparable size

Of 12,603 companies in sector 49410 we hold annual accounts for 8,194. 6,273 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company

Founded18-06-2021

Fiscal year end30-06

Activities, NACEBEL

49410Freight transport by road

Sources

Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers

Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.