BUZZETTA CONSTRUCTION
ActiveSummary
The annual accounts of BUZZETTA CONSTRUCTION for fiscal year 2025 show a net loss of 52% of total assets and of 90% of the equity at the start of that year. The 2025 annual accounts show equity of €3,483 and a net result of -€33,113. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 15% of 7524 sector peers (fiscal year 2025). The company has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.4% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-9
Solvency30▼-40
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
1.4%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity tight (current ratio 1.03 against 2.04 in 2024; short-term debt: 94.5% and cash: 51.8% of total assets), and 94.5% of the assets are financed with debt.
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Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Construction of residential and non-residential buildings (NACE 41)
about 67% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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 2025Solvency, return and age of the figures
Solvency
5.5%
Return on assets
-51.9%
Age of the figures
15 mo
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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
19202122232425
2019 to 2025 · latest year -€33,113
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 15% of 7524 sector peers (2025).
NBB · sector comparisonPosition among 7524 sector peers
Solvency
better than 15%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 7 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 02-02-2026, 2 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
2 d late
2024
4 d early
2023
8 d early
2022
1 d early
2021
3 d early
2020
5 d early
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 3 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close26-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€3,483▼ 90.5%
2024 · €36,596
Total assets
€63,770▼ 20.9%
2024 · €80,601
Net result
-€33,113▼ 410%
2024 · -€6,494
Working capital
€1,571▼ 96.0%
2024 · €39,732
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
Line20212022202320242025
Operating result€4,000▲ 212%€1,929▼ 51.8%€13,002▲ 574%-€6,072-€32,798▼ 440%
Net result€3,191▲ 746%€1,153▼ 63.9%€9,974▲ 765%-€6,494-€33,113▼ 410%
Equity€31,963▲ 11.1%€33,116▲ 3.6%€43,090▲ 30.1%€36,596▼ 15.1%€3,483▼ 90.5%
Total assets€37,990▼ 8.1%€56,415▲ 48.5%€73,113▲ 29.6%€80,601▲ 10.2%€63,770▼ 20.9%
Debt€6,027▼ 52.0%€23,299▲ 287%€30,023▲ 28.9%€44,005▲ 46.6%€60,287▲ 37.0%
Working capital€31,413▲ 12.4%€32,199▲ 2.5%€38,759▲ 20.4%€39,732▲ 2.5%€1,571▼ 96.0%
Staff (FTE)0.6▼ 45.5%0.41.7▲ 325%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €32,798 in 2025 against €6,072 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €63,770
Fixed assets
€1,941 ▼ 26.2%
Current assets
€61,829 ▼ 20.7%
Equity and liabilities €63,770
Equity
€3,483 ▼ 90.5%
Debt
€60,287 ▲ 37.0%
Debt's share of the balance-sheet total rises from 54.6% to 94.5%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€31,058▼
2024 · -€4,372
Cash flow
-€31,373▼
2024 · -€4,794
Current ratio
1.03▼
2024 · 2.04
Quick ratio
0.61▼
2024 · 1.76
Debt to equity
17.31▲
2024 · 1.20
ROE
-950.7%▼
2024 · -17.7%
ROA
-51.9%▼
2024 · -8.1%
Interest coverage
-98.60▼
2024 · -10.36
Debt ≤ 1 year
€60,258▲
2024 · €38,239
Staff costs
€85,463▲
2024 · €19,312
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | -€85 | - | €19,312 | €85,463 | ▲ 343% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €275 | €384 | €1,237 | €1,700 | €1,740 | ▲ 2.4% |
| Other operating charges640/8 | - | €1,296 | €655 | €544 | €632 | ▲ 16.2% |
| Non-recurring operating charges66A | - | €428 | - | - | €750 | - |
| Gross operating margin9900 | €32,698 | €3,952 | €14,894 | €15,484 | €55,787 | ▲ 260% |
| Operating profit (loss)9901 | €4,000 | €1,929 | €13,002 | -€6,072 | -€32,798 | ▼ 440% |
| Recurring financial income75 | €265 | - | - | - | - | - |
| Financial charges65/66B | - | €514 | €161 | €422 | €315 | ▼ 25.4% |
| Recurring financial charges65 | €203 | €514 | €161 | €422 | €315 | ▼ 25.4% |
| Profit (loss) for the period before taxes9903 | €4,062 | €1,415 | €12,841 | -€6,494 | -€33,113 | ▼ 410% |
| Income taxes67/77 | €871 | €262 | €2,867 | - | - | - |
| Profit (loss) for the period9904 | €3,191 | €1,153 | €9,974 | -€6,494 | -€33,113 | ▼ 410% |
| Profit (loss) for the period to be appropriated9905 | €3,191 | €1,153 | €9,974 | -€6,494 | -€33,113 | ▼ 410% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €37,990 | €56,415 | €73,113 | €80,601 | €63,770 | ▼ 20.9% |
| Fixed assets21/28 | €550 | €917 | €4,331 | €2,630 | €1,941 | ▼ 26.2% |
| Tangible fixed assets22/27 | €550 | €917 | €4,331 | €2,630 | €1,941 | ▼ 26.2% |
| Plant, machinery and equipment23 | - | €917 | €492 | €341 | €1,202 | ▲ 252% |
| Furniture and vehicles24 | - | - | €3,839 | €2,289 | €739 | ▼ 67.7% |
| Current assets29/58 | €37,440 | €55,498 | €68,782 | €77,971 | €61,829 | ▼ 20.7% |
| Stocks and contracts in progress3 | €252 | €127 | €243 | €10,795 | €24,778 | ▲ 130% |
| Stocks30/36 | - | €127 | €243 | €10,795 | €24,778 | ▲ 130% |
| Amounts receivable within one year40/41 | €32,149 | €34,299 | €11,397 | €6,627 | €1,500 | ▼ 77.4% |
| Trade receivables40 | - | €33,636 | €10,004 | €3,263 | - | - |
| Other amounts receivable41 | - | €663 | €1,393 | €3,364 | €1,500 | ▼ 55.4% |
| Cash at bank and in hand54/58 | €4,481 | €20,469 | €56,770 | €60,199 | €33,015 | ▼ 45.2% |
| Deferred charges and accrued income490/1 | - | €603 | €372 | €350 | €2,536 | ▲ 625% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €37,990 | €56,415 | €73,113 | €80,601 | €63,770 | ▼ 20.9% |
| Equity10/15 | €31,963 | €33,116 | €43,090 | €36,596 | €3,483 | ▼ 90.5% |
| Contributions10/11 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | - | - | - |
| Other1319 | - | €1,860 | €1,860 | - | - | - |
| Distributable reserves133 | - | - | - | €1,860 | €1,860 | = |
| Profit (loss) carried forward14 | €23,903 | €25,056 | €35,030 | €28,536 | -€4,577 | ▼ 116% |
| Amounts payable17/49 | €6,027 | €23,299 | €30,023 | €44,005 | €60,287 | ▲ 37.0% |
| Amounts payable within one year42/48 | €6,027 | €23,299 | €30,023 | €38,239 | €60,258 | ▲ 57.6% |
| Trade debts44 | €1,861 | €2,237 | €12,772 | €12,537 | €28,851 | ▲ 130% |
| Suppliers440/4 | - | €2,237 | €12,772 | €12,537 | €28,851 | ▲ 130% |
| Advances received on contracts in progress46 | - | €4,907 | - | - | €2,200 | - |
| Taxes, remuneration and social security45 | - | €7,077 | €7,839 | €11,640 | €17,535 | ▲ 50.6% |
| Taxes450/3 | - | €262 | €3,295 | €2,761 | €10,102 | ▲ 266% |
| Remuneration and social security454/9 | - | €6,815 | €4,544 | €8,879 | €7,433 | ▼ 16.3% |
| Other amounts payable47/48 | - | €9,078 | €9,412 | €14,062 | €11,672 | ▼ 17.0% |
| Accrued charges and deferred income492/3 | - | - | - | €5,766 | €29 | ▼ 99.5% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €3,191 | €1,153 | €9,974 | -€6,494 | -€33,113 | ▼ 410% |
| + Depreciation and write-downs630 | €275 | €384 | €1,237 | €1,700 | €1,740 | ▲ 2.4% |
| Operating cash flow (approximation) | €3,466 | €1,537 | €11,211 | -€4,794 | -€31,373 | ▼ 554% |
| Investment in fixed assets (approximation) | - | -€751 | -€4,651 | €1 | -€1,051 | ▼ 105,200% |
| Change in cash | - | €15,988 | €36,301 | €3,429 | -€27,184 | ▼ 893% |
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
Next filing, fiscal year 2026, expected by
2026
02-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 2 days late
2025
30-06
Financial
Weakest financial yearnet -€33,113
Net result drops to -€33,113, the lowest in the series.
27-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
23-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-06
Financial
Highest result since 2019net €9,974 ▲765%
Operating result €13,002, net result €9,974, both a record.
30-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
26-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Back to profitnet €377
Net result €377 after one loss-making year.
31-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
08-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
20-02
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 20 days late
2017
10-02
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 10 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
We know of 5 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
5 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, Bernissart · 1 establishment unit since 2015
Ground area
2,196 m²
Building footprint
377 m²
Volume, LiDAR
820 m³
2 parcels, Wallonia · tallest building 7.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
BUZZETTA CONSTRUCTION
since 20152.240.161.649
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 51009B0383/00C002 | Wallonia | 1,582 m² | 1 · 136 m² | 7.9 m · 2 fl. |
| 57009B0784/00L006 | Wallonia | 614 m² | 1 · 242 m² | - |
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.
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Of 29,787 companies in sector 41001 we hold annual accounts for 16,037. 5,109 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
Founded05-03-2015
Fiscal year end30-06
Activities, NACEBEL 2025
41001General construction of residential buildings
41003General construction of other non-residential buildings
Scores and ratios are computed by Checked and are not a credit decision.