BUZZARD
ActiveBUZZARD has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €131k and a net result of €84k. Equity is growing by ~5% per year across the filed fiscal years. Its solvency ranks better than 91% of 20785 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
100
/ 100
Excellent▲ +11 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100=
Solvency100▲+41
Growth52▲+20
Stability100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €13k at 30 days acceptable
Liquidity ample (current ratio 10.82 against 1.26 in 2023), and 7.9% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
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
92.1%
Return on assets
58.9%
Age of the figures
20 mo
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 dateAge against the risk zone
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 20-07-2025, 11 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
11 d early
2023
12 d early
2022
32 d late
2021
31 d late
2020
8 d early
2019
13 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€131k▲ 177%
2023 · €47k
2019: €101k
2020: €110k
2021: €180k
2022: €21k
2023: €47k
2019 → 2024
Total assets
€143k▲ 2.3%
2023 · €139k
2019: €127k
2020: €170k
2021: €208k
2022: €128k
2023: €139k
2019 → 2024
Net result
€84k▲ 9.9%
2023 · €76k
2019: €89k
2020: €43k
2021: €63k
2022: €76k
2023: €76k
2019 → 2024
Working capital
€110k▲ 364%
2023 · €24k
2019: €97k
2020: €107k
2021: €172k
2022: €2k
2023: €24k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€110k-€180k▲ 63.1%€21k▼ 88.4%€47k▲ 127%€131k▲ 177%
Operating result€57k-€84k▲ 47.7%€98k▲ 17.0%€97k▼ 0.6%€108k▲ 11.0%
Net result€43k-€63k▲ 47.9%€76k▲ 20.7%€76k▲ 0.2%€84k▲ 9.9%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 11% above 2023 and is the highest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €143k
Fixed assets
€21k▼ 10.3%
Current assets
€121k▲ 4.9%
Equity and liabilities €143k
Equity
€131k▲ 177%
Debt
€11k▼ 87.8%
The debt ratio falls from 66.0% to 7.9%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€118k▲
2023 · €105k
Cash flow
€94k▲
2023 · €84k
Solvency
92.1%▲
2023 · 34.0%
Current ratio
10.82▲
2023 · 1.26
Quick ratio
10.82▲
2023 · 1.26
Debt / equity
0.09▼
2023 · 1.94
ROE
64.0%▼
2023 · 161.5%
ROA
58.9%▲
2023 · 54.9%
Interest coverage
159.05▼
2023 · 1049.27
Debt
€11k▼
2023 · €92k
Debt ≤ 1 year
€11k▼
2023 · €92k
Income taxes
€23k▲
2023 · €21k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€139k€143k▲
Fixed assets21/28€24k€21k▼
Tangible fixed assets22/27€24k€21k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€16k€9k▼
Other tangible fixed assets26€6k€11k▲
Current assets29/58€116k€121k▲
Amounts receivable within one year40/41€29k€22k▼
Trade receivables40€11k€16k▲
Other amounts receivable41€18k€6k▼
Cash at bank and in hand54/58€86k€98k▲
Deferred charges and accrued income490/1€808€808=
Equity and liabilities
Total equity and liabilities10/49€139k€143k▲
Equity10/15€47k€131k▲
Contributions10/11€19k€19k=
Reserves13€29k€113k▲
Distributable reserves133€29k€113k▲
Amounts payable17/49€92k€11k▼
Amounts payable within one year42/48€92k€11k▼
Trade debts44€3k€451▼
Suppliers440/4€3k€451▼
Taxes, remuneration and social security45€19k€10k▼
Taxes450/3€19k€10k▼
Other amounts payable47/48€70k€1k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€10k▲
Other operating charges640/8€1k€923▼
Gross operating margin9900€106k€119k▲
Operating profit (loss)9901€97k€108k▲
Financial charges65/66B€100€740▲
Recurring financial charges65€100€740▲
Profit (loss) for the period before taxes9903€97k€107k▲
Income taxes67/77€21k€23k▲
Profit (loss) for the period9904€76k€84k▲
Profit (loss) for the period to be appropriated9905€76k€84k▲
Appropriation of the result
Profit (loss) to be appropriated9906€76k€84k▲
Transfer to equity691/2€26k€84k▲
To other reserves6921€26k€84k▲
Profit to be distributed694/7€50k-
Return on contributions (dividend)694€50k-
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
20-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 9current ratio 10.82
Current ratio from 1.26 to 10.82; short-term debt falls from €92k to €11k.
31-12
Financial
Equity above €100kEq €131k ▲177%
6 profitable years in a row build equity to €131k.
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
01-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 32 days late
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 31 days late
2021
31-12
Financial
Liquidity triplescurrent ratio 6.99
Current ratio from 2.79 to 6.99; short-term debt falls from €60k to €29k.
31-12
Financial
Equity above €150kEq €180k ▲63.1%
3 profitable years in a row build equity to €180k.
23-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €43k ▼51.9%
Net result drops to €43k, the lowest in the series; recovery starts the following year.
18-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Temse · 1 establishment unit since 2018
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.
Borluutstraat 99140 TemseGround area
673 m²
Building footprint
93 m²
Volume, LiDAR
464 m³
Parcel 46302D1896/00D000, Flanders · tallest building 6.7 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Borluutstraat 9, 9140 Temse
since 20182.273.800.061
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46302D1896/00D000 | Flanders | 673 m² | 1 · 93 m² | 6.7 m · 2 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.
Similar companies · same sector, comparable size
TIMBLE
BE 0823.589.881
Diest · Eq €131k
CBGB
BE 0777.634.944
Puurs-Sint-Amands · Eq €131k
GROVÖ
BE 0677.463.935
Elsene · Eq €131k
RK TECHNOLOGY SOLUTIONS
BE 0784.988.633
Machelen (Brab.) · Eq €131k
4S&M
BE 0700.370.979
Gistel · Eq €131k
Of 29,880 companies in sector 62200 we hold annual accounts for 18,324. 15,369 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded18-01-2018
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.