BUVEX
ActiveSummary
BUVEX has been active since 2007 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.87M and a net result of €2.38M. Equity is growing by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 53% of 8095 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability52▼-5
Solvency82▲+35
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €270k at 30 days acceptable
Liquidity short (current ratio 0.06 against 0.01 in 2023; short-term debt: 35.7% and cash: 0.1% of total assets), and 42.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← 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 2024Solvency, return and age of the figures
Solvency
57.3%
Return on assets
35.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-07-2025, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
3 d early
2023
30 d late
2022
30 d late
2021
4 d early
2020
2 d early
2019
70 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€3.87M▲ 159%
2023 · €1.49M
Total assets
€6.75M▲ 1.1%
2023 · €6.67M
Net result
€2.38M▲ 2,686%
2023 · €85k
Working capital
€-2.25M▲ 50.9%
2023 · €-4.59M
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€146k▲ 110%€112k▼ 23.9%€141k▲ 26.7%€137k▼ 2.9%€-38k
Net result€77k▼ 57.3%€63k▼ 18.8%€85k▲ 34.4%€85k▲ 0.9%€2.38M▲ 2,686%
Equity€1.26M▲ 6.6%€1.32M▲ 5.0%€1.41M▲ 6.4%€1.49M▲ 6.1%€3.87M▲ 159%
Total assets€6.69M▲ 0.3%€6.63M▼ 1.0%€6.59M▼ 0.6%€6.67M▲ 1.3%€6.75M▲ 1.1%
Debt€5.44M▼ 1.1%€5.31M▼ 2.4%€5.18M▼ 2.3%€5.18M=€2.88M▼ 44.4%
Working capital€-4.81M▲ 2.1%€-4.75M▲ 1.3%€-4.66M▲ 1.9%€-4.59M▲ 1.5%€-2.25M▲ 50.9%
Staff (FTE)000
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 2024: a loss of €38k after €137k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €6.75M
Fixed assets
€6.59M ▼ 0.4%
Current assets
€156k ▲ 211%
Equity and liabilities €6.75M
Equity
€3.87M ▲ 159%
Debt
€2.88M ▼ 44.4%
Debt's share of the balance-sheet total falls from 77.7% to 42.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€32k▼
2023 · €190k
Cash flow
€2.45M▲
2023 · €138k
Current ratio
0.06▲
2023 · 0.01
Debt to equity
0.75▼
2023 · 3.48
ROE
61.4%▲
2023 · 5.7%
ROA
35.2%▲
2023 · 1.3%
Interest coverage
0.25▼
2023 · 4.43
Debt ≤ 1 year
€2.41M▼
2023 · €4.64M
Debt > 1 year
€465k▼
2023 · €530k
Income taxes
€31k▼
2023 · €47k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €9k | €43k | €13k | ▼ 70.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €44k | €44k | €43k | €52k | €71k | ▲ 35.2% |
| Other operating charges640/8 | - | €4k | €6k | €15k | €3k | ▼ 77.8% |
| Non-recurring operating charges66A | - | €705 | €0 | - | €52k | - |
| Gross operating margin9900 | €194k | €160k | €190k | €205k | €88k | ▼ 57.1% |
| Operating profit (loss)9901 | €146k | €112k | €141k | €137k | €-38k | ▼ 128% |
| Financial income75/76B | - | €117 | €1 | €38k | €2.57M | ▲ 6,736% |
| Recurring financial income75 | €2k | €117 | €1 | €38k | €2.57M | ▲ 6,736% |
| Financial charges65/66B | - | €21k | €23k | €43k | €129k | ▲ 201% |
| Recurring financial charges65 | €39k | €21k | €23k | €43k | €129k | ▲ 201% |
| Profit (loss) for the period before taxes9903 | €109k | €90k | €118k | €132k | €2.41M | ▲ 1,722% |
| Income taxes67/77 | €32k | €28k | €33k | €47k | €31k | ▼ 34.2% |
| Profit (loss) for the period9904 | €77k | €63k | €85k | €85k | €2.38M | ▲ 2,686% |
| Profit (loss) for the period to be appropriated9905 | €77k | €63k | €85k | €85k | €2.38M | ▲ 2,686% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €6.69M | €6.63M | €6.59M | €6.67M | €6.75M | ▲ 1.1% |
| Fixed assets21/28 | €6.62M | €6.58M | €6.54M | €6.62M | €6.59M | ▼ 0.4% |
| Tangible fixed assets22/27 | €756k | €713k | €675k | €756k | €727k | ▼ 3.9% |
| Land and buildings22 | - | €710k | €668k | €627k | €586k | ▼ 6.5% |
| Plant, machinery and equipment23 | - | - | €5k | €5k | €4k | ▼ 24.5% |
| Furniture and vehicles24 | - | €3k | €2k | €124k | €137k | ▲ 10.4% |
| Financial fixed assets28 | €5.87M | €5.87M | €5.87M | €5.87M | €5.87M | = |
| Current assets29/58 | €72k | €46k | €48k | €50k | €156k | ▲ 211% |
| Amounts receivable within one year40/41 | €63k | €44k | €44k | €45k | €44k | ▼ 1.7% |
| Trade receivables40 | - | €44k | €44k | €45k | €44k | ▼ 1.7% |
| Other amounts receivable41 | - | €41 | €0 | - | - | - |
| Current investments50/53 | - | - | - | - | €100k | - |
| Cash at bank and in hand54/58 | €5k | €592 | €2k | €2k | €4k | ▲ 111% |
| Deferred charges and accrued income490/1 | - | €2k | €1k | €4k | €8k | ▲ 121% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €6.69M | €6.63M | €6.59M | €6.67M | €6.75M | ▲ 1.1% |
| Equity10/15 | €1.26M | €1.32M | €1.41M | €1.49M | €3.87M | ▲ 159% |
| Contributions10/11 | - | €888k | €888k | €888k | €888k | = |
| Reserves13 | €370k | €432k | €517k | €602k | €2.98M | ▲ 394% |
| Non-distributable reserves130/1 | - | €18k | €18k | €0 | - | - |
| Reserves not available under the articles1311 | - | €18k | €18k | €0 | - | - |
| Tax-exempt reserves132 | - | €7k | €7k | €7k | €7k | = |
| Distributable reserves133 | - | €408k | €492k | €595k | €2.97M | ▲ 399% |
| Amounts payable17/49 | €5.44M | €5.31M | €5.18M | €5.18M | €2.88M | ▼ 44.4% |
| Amounts payable after more than one year17 | €550k | €506k | €469k | €530k | €465k | ▼ 12.3% |
| Financial debts170/4 | - | €506k | €469k | €530k | €465k | ▼ 12.3% |
| Amounts payable within one year42/48 | €4.89M | €4.80M | €4.71M | €4.64M | €2.41M | ▼ 48.1% |
| Current portion of amounts payable after more than one year42 | - | €44k | €89k | €70k | €65k | ▼ 6.3% |
| Financial debts43 | - | - | - | €16k | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | €16k | €0 | ▼ 100% |
| Trade debts44 | €102k | €107k | €94k | €91k | €102k | ▲ 12.5% |
| Suppliers440/4 | - | €107k | €94k | €91k | €102k | ▲ 12.5% |
| Advances received on contracts in progress46 | - | €36k | €36k | €0 | - | - |
| Taxes, remuneration and social security45 | - | €108k | €109k | €89k | €33k | ▼ 62.8% |
| Taxes450/3 | - | €103k | €100k | €89k | €33k | ▼ 62.8% |
| Remuneration and social security454/9 | - | €5k | €8k | €0 | - | - |
| Other amounts payable47/48 | - | €4.50M | €4.38M | €4.38M | €2.21M | ▼ 49.5% |
| Accrued charges and deferred income492/3 | - | - | €5k | €9k | €9k | ▲ 5.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €77k | €63k | €85k | €85k | €2.38M | ▲ 2,686% |
| + Depreciation and write-downs630 | €44k | €44k | €43k | €52k | €71k | ▲ 35.2% |
| Operating cash flow (approximation) | €122k | €107k | €128k | €138k | €2.45M | ▲ 1,677% |
| Investment in fixed assets (approximation) | - | €-1k | €-5k | €-133k | €-42k | ▲ 68.7% |
| Change in cash | - | €-4k | €2k | €-465 | €2k | ▲ 548% |
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
2025
28-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Highest result since 2018net €2.38M ▲2,686%
Net result €2.38M, the highest in the series.
31-12
Financial
Equity above €2MEq €3.87M ▲159%
7 profitable years in a row build equity to €3.87M.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 30 days late
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
09-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 70 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
21-12
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 143 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Maaseik · 1 establishment unit since 2007
Ground area
9,919 m²
Building footprint
340 m²
Volume, LiDAR
2,047 m³
Parcel 72028A0188/00H000, Flanders · tallest building 10.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Buvex
since 20072.167.989.788
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72028A0188/00H000 | Flanders | 9,919 m² | 1 · 340 m² | 10.2 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.
Public money · subsidies and aid
Flemish government
2025 · 1 entry · 165 EUR awarded| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 165 EUR | 0 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 82,632 companies in sector 70200 we hold annual accounts for 52,575. 13,434 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded04-12-2007
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
68110Buying and selling of own real estate
Scores and ratios are computed by Checked and are not a credit decision.