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Buzette

Active
Private limited companyfounded 20196 yrs activePlace de la Gare,LGL 6, 6840 Neufchâteau, BelgiumKBO/BCE: BE 0739.503.155
Summary

The computed 12-month bankruptcy probability of Buzette is 3.0% (moderate). The 2025 annual accounts show negative equity (-€289,058) and a net result of -€37,418. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 4235 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
3.0% Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.41 against 0.42 in 2024; short-term debt: 241.7% and cash: 25.8% of total assets), and equity is negative.
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Signals

Six signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · 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
highest failure risk from 2 to 8 years 6 years 0 10 y
raises risk · 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
-141.7%
Return on assets
-18.3%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
202122232425
2020 to 2025 · latest year -€289,058
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 05-06-2026, 56 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
56 d early
2024
6 d early
2023
65 d late
2022
27 d early
2021
25 d late
2020
64 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 11 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 46% 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 25 July (4 of the last 5 filed years within 50 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 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

History

On 12 December 2019, Buzette was incorporated as a Private limited company.1 Total assets went from EUR 186,774 in 2020 to EUR 204,020 in 2025 and headcount from 2.2 to 2.9 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2020 and 2025

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Financials · fiscal year 2025, full schema

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€37,418▲ 63.1%
2024 · -€101,380
Working capital
-€289,058▼ 14.8%
2024 · -€251,823
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€4,848€2,457-€159,187-€100,298▲ 37.0%-€36,178▲ 63.9%
Net result-€8,715below the sector's middle half-€2,119within the sector's middle half▲ 75.7%-€163,064below the sector's middle half▼ 7,594%-€101,380below the sector's middle half▲ 37.8%-€37,418below the sector's middle half▲ 63.1%
Equity€14,922within the sector's middle half▼ 36.9%€12,802within the sector's middle half▼ 14.2%€14,739within the sector's middle half▲ 15.1%-€251,641below the sector's middle half-€289,058below the sector's middle half▼ 14.9%
Total assets€192,006within the sector's middle half▲ 2.8%€204,596within the sector's middle half▲ 6.6%€149,411within the sector's middle half▼ 27.0%€183,605below the sector's middle half▲ 22.9%€204,020below the sector's middle half▲ 11.1%
Debt€177,084▲ 8.5%€191,794▲ 8.3%€134,672▼ 29.8%€435,246▲ 223%€493,078▲ 13.3%
Working capital€36,484within the sector's middle half▼ 36.4%€21,973within the sector's middle half▼ 39.8%€11,269within the sector's middle half▼ 48.7%-€251,823below the sector's middle half-€289,058below the sector's middle half▼ 14.8%
Solvency7.8%within the sector's middle half▼ 4.9pp6.3%within the sector's middle half▼ 1.5pp9.9%within the sector's middle half▲ 3.6pp-137.1%below the sector's middle half▼ 146.9pp-141.7%below the sector's middle half▼ 4.6pp
Current ratio1.26within the sector's middle half▼ 0.261.13within the sector's middle half▼ 0.131.08within the sector's middle half▼ 0.040.42below the sector's middle half▼ 0.660.41below the sector's middle half▼ 0.01
Return on assets (ROA)-4.5%below the sector's middle half▼ 4.6pp-1.0%within the sector's middle half▲ 3.5pp-109.1%below the sector's middle half▼ 108.1pp-55.2%below the sector's middle half▲ 53.9pp-18.3%below the sector's middle half▲ 36.9pp
Staff (FTE)2.6▲ 18.2%2.5▼ 3.8%2.8▲ 12.0%2.1below the sector's middle half▼ 25.0%2.9below the sector's middle half▲ 38.1%
above within below the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€200,000-€150,000-€100,000-€50,000€0Operating result 2021: -€4,848-€4,848Net result 2021: -€8,715-€8,715Operating result 2022: €2,457€2,457Net result 2022: -€2,119-€2,119Operating result 2023: -€159,187-€159,187Net result 2023: -€163,064-€163,064Operating result 2024: -€100,298-€100,298Net result 2024: -€101,380-€101,380Operating result 2025: -€36,178-€36,178Net result 2025: -€37,418-€37,41820212022202320242025-€200,000-€150,000-€100,000-€50,000€0Operating result 2023: -€159,187-€159,000Net result 2023: -€163,064-€163,000Operating result 2024: -€100,298-€100,000Net result 2024: -€101,380-€101,000Operating result 2025: -€36,178-€36,200Net result 2025: -€37,418-€37,400202320242025
The operating result stays negative: a loss of €36,178 in 2025 against €100,298 in 2024; the loss shrinks.
Key figures and ratios
2025 value · change against 2024
EBITDA
-€35,996▲
2024 · -€95,543
Cash flow
-€37,236▲
2024 · -€96,624
Quick ratio
0.14▲
2024 · 0.13
Debt to equity
-1.71▲
2024 · -1.73
Interest coverage
-24.35▲
2024 · -87.37
Debt ≤ 1 year
€493,078▲
2024 · €435,246
Income taxes
-€236
Staff costs
€80,851▲
2024 · €48,593
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,038 companies that looked in July 2024 the way this one looks now, 7.3% went bankrupt within 24 months and 82% are still going.

  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
7.3% went bankrupt
8.2% stopped otherwise
82% still going

A further 2.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 3.0% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,038 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 40 lines
Balance sheet Code20242025
Assets
Total assets20/58€183,605€204,020▲
Fixed assets21/28€182-
Tangible fixed assets22/27€182-
Plant, machinery and equipment23€182-
Current assets29/58€183,423€204,020▲
Stocks and contracts in progress3€126,745€135,763▲
Stocks30/36€126,745€135,763▲
Amounts receivable within one year40/41€16,887€15,548▼
Trade receivables40€463€304▼
Other amounts receivable41€16,424€15,244▼
Cash at bank and in hand54/58€39,791€52,709▲
Equity and liabilities
Total equity and liabilities10/49€183,605€204,020▲
Equity10/15-€251,641-€289,058▼
Contributions10/11€23,600€23,600=
Profit (loss) carried forward14-€275,241-€312,658▼
Amounts payable17/49€435,246€493,078▲
Amounts payable within one year42/48€435,246€493,078▲
Current portion of amounts payable after more than one year42€1,467-
Trade debts44€46,412€30,538▼
Suppliers440/4€46,412€30,538▼
Taxes, remuneration and social security45€13,966€20,140▲
Taxes450/3€541€974▲
Remuneration and social security454/9€13,425€19,165▲
Other amounts payable47/48€373,400€442,400▲
Income statement Code20242025
Remuneration, social security and pensions62€48,593€80,851▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,756€182▼
Other operating charges640/8€6,256€2,982▼
Gross operating margin9900-€40,693€47,837▲
Operating profit (loss)9901-€100,298-€36,178▲
Financial income75/76B€12€3▼
Recurring financial income75€12€3▼
Financial charges65/66B€1,094€1,478▲
Recurring financial charges65€1,094€1,478▲
Profit (loss) for the period before taxes9903-€101,380-€37,654▲
Income taxes67/77--€236
Profit (loss) for the period9904-€101,380-€37,418▲
Profit (loss) for the period to be appropriated9905-€101,380-€37,418▲
Appropriation of the result
Profit (loss) to be appropriated9906-€275,241-€312,658▼
Profit (loss) brought forward from the previous period14P-€173,861-€275,241▼
Social balance
Average headcount (FTE)90872.12.9▲

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Remuneration, social security and pensions62€62,825€56,399€73,883€48,593€80,851▲ 66.4%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,831€4,831€4,831€4,756€182▼ 96.2%
Other operating charges640/8-€4,931€432€6,256€2,982▼ 52.3%
Gross operating margin9900€62,808€68,618-€80,041-€40,693€47,837▲ 218%
Operating profit (loss)9901-€4,848€2,457-€159,187-€100,298-€36,178▲ 63.9%
Financial income75/76B€2€0€0€12€3▼ 77.7%
Recurring financial income75€2€0€0€12€3▼ 77.7%
Financial charges65/66B€3,869€4,577€3,877€1,094€1,478▲ 35.2%
Recurring financial charges65€3,869€4,577€3,877€1,094€1,478▲ 35.2%
Profit (loss) for the period before taxes9903-€8,715-€2,119-€163,064-€101,380-€37,654▲ 62.9%
Income taxes67/77-----€236-
Profit (loss) for the period9904-€8,715-€2,119-€163,064-€101,380-€37,418▲ 63.1%
Profit (loss) for the period to be appropriated9905-€8,715-€2,119-€163,064-€101,380-€37,418▲ 63.1%
Line20212022202320242025Change
Assets
Total assets20/58€192,006€204,596€149,411€183,605€204,020▲ 11.1%
Fixed assets21/28€14,599€9,768€4,938€182--
Tangible fixed assets22/27€14,599€9,768€4,938€182--
Plant, machinery and equipment23€5,525€3,744€1,963€182--
Furniture and vehicles24€9,075€6,025€2,975---
Current assets29/58€177,407€194,828€144,473€183,423€204,020▲ 11.2%
Stocks and contracts in progress3€69,078€90,088€76,616€126,745€135,763▲ 7.1%
Stocks30/36€69,078€90,088€76,616€126,745€135,763▲ 7.1%
Amounts receivable within one year40/41€53,845€54,210€15,582€16,887€15,548▼ 7.9%
Trade receivables40€245€610€258€463€304▼ 34.3%
Other amounts receivable41€53,600€53,600€15,324€16,424€15,244▼ 7.2%
Cash at bank and in hand54/58€54,483€50,529€52,275€39,791€52,709▲ 32.5%
Equity and liabilities
Total equity and liabilities10/49€192,006€204,596€149,411€183,605€204,020▲ 11.1%
Equity10/15€14,922€12,802€14,739-€251,641-€289,058▼ 14.9%
Contributions10/11€23,600€23,600€23,600€23,600€23,600=
Profit (loss) carried forward14-€8,678-€10,798-€8,861-€275,241-€312,658▼ 13.6%
Amounts payable17/49€177,084€191,794€134,672€435,246€493,078▲ 13.3%
Amounts payable after more than one year17€36,161€18,939€1,467---
Financial debts170/4€36,161€18,939€1,467---
Amounts payable within one year42/48€140,923€172,855€133,204€435,246€493,078▲ 13.3%
Current portion of amounts payable after more than one year42€16,976€17,222€17,472€1,467--
Financial debts43€70,000€70,000----
Credit institutions430/8€70,000€70,000----
Trade debts44€30,380€30,174€32,023€46,412€30,538▼ 34.2%
Suppliers440/4€30,380€30,174€32,023€46,412€30,538▼ 34.2%
Taxes, remuneration and social security45€13,567€10,459€18,310€13,966€20,140▲ 44.2%
Taxes450/3€1,474€2,860€255€541€974▲ 80.1%
Remuneration and social security454/9€12,093€7,598€18,055€13,425€19,165▲ 42.8%
Other amounts payable47/48€10,000€45,000€65,400€373,400€442,400▲ 18.5%
Line20212022202320242025Change
Profit (loss) for the period9904-€8,715-€2,119-€163,064-€101,380-€37,418▲ 63.1%
+ Depreciation and write-downs630€4,831€4,831€4,831€4,756€182▼ 96.2%
Operating cash flow (approximation)-€3,884€2,712-€158,233-€96,624-€37,236▲ 61.5%
Investment in fixed assets (approximation)-€0€0€0--
Change in cash--€3,954€1,746-€12,485€12,918▲ 203%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
05-06
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
25-07
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
04-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 65 days late
2023
31-12
Financial Weakest financial yearnet -€163,064
Net result drops to -€163,064, the lowest in the series; recovery starts the following year.
04-07
NBB filing Annual accounts filed
fiscal year 2022 · micro schema
2022
25-08
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 25 days late
2021
28-05
NBB filing Annual accounts filed
fiscal year 2020 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Neufchâteau · 1 establishment unit since 2019
seat establishment The establishment unit on the map
Ground area
1,790 m²
Building footprint
376 m²
Volume, LiDAR
547 m³
2 parcels, Wallonia · tallest building 9.1 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Buzette
Rue Belle-Vue, Natoye 21, 5360 HamoisWholesale trade
since 20192.296.507.563
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
91099A0433/00C005 Wallonia 987 m² 1 · 300 m² -
84038D0276/00B005 Wallonia 803 m² 1 · 76 m² 9.1 m · 3 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels 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 owner

Chain of control

  1. Au Panier de Victor 100%
  2. Buzette

Highest known parent: Au Panier de Victor. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts 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.

Recognitions · licences · registrations

Food safety, FASFC

1 site
Hamois2.296.507.563
1 permission
Toelating · Detailhandel · since 24-06-2020

Similar companies · same sector, comparable size

Of 10,510 companies in sector 47110 we hold annual accounts for 5,853. 3,862 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
Founded12-12-2019
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
E-invoicing
Reachable via Peppol
Peppol ID 0208:0739503155
Registered 06-10-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.