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BUZZAPP

Active
Private limited companyfounded 2015active for 10 yearsRue Rauhisse, Vitrival 14, 5070 Fosses-la-Ville, BelgiumKBO/BCE: BE 0643.451.181

From the official registers: KBO 10 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

BUZZAPP has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €44,525 and a net result of €43,366. Equity is growing by about 12% per year across the filed financial years. Its solvency ranks better than 37% of 21,120 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Financials · financial year 2025, micro format

Latest annual accounts filed

Annual accounts 2025

Download PDF
Financial year ended
31-12-2025
Filed on
01-06-2026
Format
micro format
Reference
2026-00128365
Turnover
€139,995▲ 4.4%
2021 · €134,100
EBIT margin
22.0%▼ 1.0pp
2021 · 23.0%
Net result
€43,366▲ 42.3%
2024 · €30,482
Working capital
€29,351▲ 120%
2024 · €13,354
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 41% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Turnover€139,995 2022 Operating result€55,246 2025 Net result€43,366 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. 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 financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€127,600-€140,840▲ 10.4%€116,525▼ 17.3%€134,100▲ 15.1%€139,995▲ 4.4%
Operating result-€7,665-€15,634€11,273▼ 27.9%€30,816▲ 173%€30,785▼ 0.1%€28,714▼ 6.7%€39,077▲ 36.1%€55,246▲ 41.4%
Net result-€7,644-€12,221€7,860within the sector's middle half▼ 35.7%€24,395within the sector's middle half▲ 210%€24,193within the sector's middle half▼ 0.8%€22,434within the sector's middle half▼ 7.3%€30,482within the sector's middle half▲ 35.9%€43,366within the sector's middle half▲ 42.3%
EBIT margin-6.0%-11.1%▲ 17.1pp9.7%▼ 1.4pp23.0%▲ 13.3pp22.0%▼ 1.0pp
Equity€8,174-€22,795▲ 179%€25,655below the sector's middle half▲ 12.5%€30,050within the sector's middle half▲ 17.1%€30,243within the sector's middle half▲ 0.6%€30,677within the sector's middle half▲ 1.4%€31,159within the sector's middle half▲ 1.6%€44,525within the sector's middle half▲ 42.9%
Total assets€49,284-€59,411▲ 20.5%€57,807below the sector's middle half▼ 2.7%€83,173within the sector's middle half▲ 43.9%€94,472within the sector's middle half▲ 13.6%€68,228below the sector's middle half▼ 27.8%€85,819within the sector's middle half▲ 25.8%€99,247within the sector's middle half▲ 15.6%
Debt€41,110-€36,616▼ 10.9%€32,152▼ 12.2%€53,123▲ 65.2%€64,229▲ 20.9%€37,551▼ 41.5%€54,660▲ 45.6%€54,722▲ 0.1%
Working capital€4,119-€14,101▲ 242%€23,917within the sector's middle half▲ 69.6%€28,782within the sector's middle half▲ 20.3%€23,720within the sector's middle half▼ 17.6%€13,022within the sector's middle half▼ 45.1%€13,354within the sector's middle half▲ 2.5%€29,351within the sector's middle half▲ 120%
Solvency16.6%-38.4%▲ 21.8pp44.4%within the sector's middle half▲ 6.0pp36.1%within the sector's middle half▼ 8.3pp32.0%below the sector's middle half▼ 4.1pp45.0%within the sector's middle half▲ 12.9pp36.3%within the sector's middle half▼ 8.7pp44.9%within the sector's middle half▲ 8.6pp
Current ratio1.13-1.39▲ 0.261.74within the sector's middle half▲ 0.361.54within the sector's middle half▼ 0.201.37within the sector's middle half▼ 0.171.35within the sector's middle half▼ 0.021.24below the sector's middle half▼ 0.101.54within the sector's middle half▲ 0.29
Return on assets (ROA)-15.5%-20.6%▲ 36.1pp13.6%within the sector's middle half▼ 7.0pp29.3%above the sector's middle half▲ 15.7pp25.6%within the sector's middle half▼ 3.7pp32.9%within the sector's middle half▲ 7.3pp35.5%within the sector's middle half▲ 2.6pp43.7%above the sector's middle half▲ 8.2pp
above within below the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €99,247
Fixed assets €15,174 ▼ 14.8%
Current assets €84,073 ▲ 23.6%
Equity and liabilities €99,247
Equity €44,525 ▲ 42.9%
Debt €54,722 ▲ 0.1%
Debt's share of the balance-sheet total falls from 63.7% to 55.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€59,319▲
2024 · €43,166
Cash flow
€47,439▲
2024 · €34,571
Debt to equity
1.23▼
2024 · 1.75
ROE
97.4%▼
2024 · 97.8%
Interest coverage
over 100
2024 · over 100
Debt ≤ 1 year
€54,722▲
2024 · €54,660
Income taxes
€11,723▲
2024 · €8,306
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 34,693 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 95.3% are still going.

  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.7% went bankrupt
3.9% stopped otherwise
95.3% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 34,693 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

Source: Annual accounts 2025 (PDF), filed with the National Bank on 01-06-2026.

Balance sheet Code20242025
Assets
Total assets20/58€85,819€99,247▲
Fixed assets21/28€17,805€15,174▼
Tangible fixed assets22/27€17,615€14,984▼
Furniture and vehicles24€7,604€6,336▼
Other tangible fixed assets26€10,011€8,648▼
Financial fixed assets28€190€190=
Current assets29/58€68,014€84,073▲
Amounts receivable within one year40/41€25,265€23,693▼
Trade receivables40€23,617€22,093▼
Other amounts receivable41€1,648€1,600▼
Cash at bank and in hand54/58€41,722€51,716▲
Deferred charges and accrued income490/1€1,027€8,664▲
Equity and liabilities
Total equity and liabilities10/49€85,819€99,247▲
Equity10/15€31,159€44,525▲
Contributions10/11€18,600€18,600=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Reserves not available under the articles1311€1,860€1,860=
Profit (loss) carried forward14€10,699€24,065▲
Amounts payable17/49€54,660€54,722▲
Amounts payable within one year42/48€54,660€54,722▲
Trade debts44€11,295€10,402▼
Suppliers440/4€11,295€10,402▼
Taxes, remuneration and social security45€1,795€8,281▲
Taxes450/3€1,795€8,281▲
Other amounts payable47/48€41,570€36,039▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,089€4,073▼
Other operating charges640/8€666€691▲
Gross operating margin9900€43,832€60,010▲
Operating profit (loss)9901€39,077€55,246▲
Financial charges65/66B€289€157▼
Recurring financial charges65€289€157▼
Profit (loss) for the period before taxes9903€38,788€55,089▲
Income taxes67/77€8,306€11,723▲
Profit (loss) for the period9904€30,482€43,366▲
Profit (loss) for the period to be appropriated9905€30,482€43,366▲
Appropriation of the result
Profit (loss) to be appropriated9906€40,699€54,065▲
Profit (loss) brought forward from the previous period14P€10,217€10,699▲
Profit to be distributed694/7€30,000€30,000=
Return on contributions (dividend)694€30,000€30,000=

The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are in the filed accounts (PDF).

Line20182019202020212022202320242025Change
Turnover70€127,600€140,840€116,525€134,100€139,995----
Goods, raw materials, services and sundry goods60/61---€122,991€120,093----
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7,179€7,748€7,345€1,345€495€2,971€4,089€4,073▼ 0.4%
Other operating charges640/8---€1,183€953€647€666€691▲ 3.8%
Gross operating margin9900€887€24,757€20,053€33,344€32,233€32,332€43,832€60,010▲ 36.9%
Operating profit (loss)9901-€7,665€15,634€11,273€30,816€30,785€28,714€39,077€55,246▲ 41.4%
Recurring financial income75--€1------
Financial charges65/66B---€162€283€259€289€157▼ 45.7%
Recurring financial charges65€268€212€137€162€283€259€289€157▼ 45.7%
Profit (loss) for the period before taxes9903-€7,933€15,422€11,137€30,654€30,502€28,455€38,788€55,089▲ 42.0%
Income taxes67/77-€289€3,201€3,277€6,259€6,309€6,021€8,306€11,723▲ 41.1%
Profit (loss) for the period9904-€7,644€12,221€7,860€24,395€24,193€22,434€30,482€43,366▲ 42.3%
Profit (loss) for the period to be appropriated9905-€7,644€12,221€7,860€24,395€24,193€22,434€30,482€43,366▲ 42.3%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€49,284€59,411€57,807€83,173€94,472€68,228€85,819€99,247▲ 15.6%
Fixed assets21/28€12,856€8,694€1,738€1,268€6,523€17,655€17,805€15,174▼ 14.8%
Tangible fixed assets22/27€12,666€8,504€1,548€1,078€6,333€17,465€17,615€14,984▼ 14.9%
Furniture and vehicles24---€1,078€2,341€6,089€7,604€6,336▼ 16.7%
Other tangible fixed assets26----€3,992€11,376€10,011€8,648▼ 13.6%
Financial fixed assets28€190€190€190€190€190€190€190€190=
Current assets29/58€36,428€50,717€56,069€81,905€87,949€50,573€68,014€84,073▲ 23.6%
Amounts receivable within one year40/41€14,143€15,846€26,250€14,412€13,798€29,909€25,265€23,693▼ 6.2%
Trade receivables40---€13,512€13,104€28,894€23,617€22,093▼ 6.5%
Other amounts receivable41---€900€694€1,015€1,648€1,600▼ 2.9%
Cash at bank and in hand54/58€20,570€34,871€29,819€66,348€73,229€19,094€41,722€51,716▲ 24.0%
Deferred charges and accrued income490/1---€1,145€922€1,570€1,027€8,664▲ 744%
Equity and liabilities
Total equity and liabilities10/49€49,284€59,411€57,807€83,173€94,472€68,228€85,819€99,247▲ 15.6%
Equity10/15€8,174€22,795€25,655€30,050€30,243€30,677€31,159€44,525▲ 42.9%
Contributions10/11€6,200€18,600-€18,600€18,600€18,600€18,600€18,600=
Reserves13€1,860€1,860€1,860€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1---€1,860€1,860€1,860€1,860€1,860=
Reserves not available under the articles1311---€1,860€1,860€1,860€1,860€1,860=
Profit (loss) carried forward14€114€2,335€5,195€9,590€9,783€10,217€10,699€24,065▲ 125%
Amounts payable17/49€41,110€36,616€32,152€53,123€64,229€37,551€54,660€54,722▲ 0.1%
Amounts payable after more than one year17€8,801--------
Amounts payable within one year42/48€32,309€36,616€32,152€53,123€64,229€37,551€54,660€54,722▲ 0.1%
Trade debts44€26,826€16,996€18,220€21,739€23,615€543€11,295€10,402▼ 7.9%
Suppliers440/4---€21,739€23,615€543€11,295€10,402▼ 7.9%
Taxes, remuneration and social security45---€4,082€3,681€2,150€1,795€8,281▲ 361%
Taxes450/3---€4,082€3,681€2,150€1,795€8,281▲ 361%
Other amounts payable47/48---€27,302€36,933€34,858€41,570€36,039▼ 13.3%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904-€7,644€12,221€7,860€24,395€24,193€22,434€30,482€43,366▲ 42.3%
+ Depreciation and write-downs630€7,179€7,748€7,345€1,345€495€2,971€4,089€4,073▼ 0.4%
Operating cash flow (approximation)-€465€19,969€15,205€25,740€24,688€25,405€34,571€47,439▲ 37.2%
Investment in fixed assets (approximation)--€3,586-€389-€875-€5,750-€14,103-€4,239-€1,442▲ 66.0%
Change in cash-€14,301-€5,052€36,529€6,881-€54,135€22,628€9,994▼ 55.8%

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

Filings with the National Bank (10)
Financial year Type Filed Reference Document
31-12-2025 micro format 01-06-2026 2026-00128365 PDF
31-12-2024 micro format 02-06-2025 2025-00112377 PDF
31-12-2023 micro format 27-05-2024 2024-00096511 PDF
31-12-2022 micro format 23-05-2023 2023-00092685 PDF
31-12-2021 micro format 30-06-2022 2022-20109847 PDF
31-12-2020 micro format 16-06-2021 2021-20400517 PDF
31-12-2019 micro format 04-08-2020 2020-38800297 PDF
31-12-2018 micro format 23-07-2019 2019-36900426 PDF
31-12-2017 full format 28-06-2018 2018-24400478 PDF
31-12-2016 full format 26-06-2017 2017-22100561 PDF

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Of the 16,999 active companies whose main activity is computer programming (NACE 62100), figures are known for 9,009. 6,916 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

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