BUZZETTA CONSTRUCTION
ActiveSummary
The annual accounts of BUZZETTA CONSTRUCTION for financial 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 has been growing by about 4.9% per year since 2019. Its solvency ranks better than 15% of 9,399 sector peers (NACE 41, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.1% (low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 05-03-2015 Normal situation
- Activity
- General construction of residential buildings NACE 41001and 1 other
- Joint committee
- 124 Paritair Comité voor het bouwbedrijf · annual accounts 30-06-2025
- Establishment unit
- 2.240.161.649 7321 Bernissart, since 01-04-2015
- Financial year end
- 30 June
- Peppol
- Reachable since 27-03-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 1.1%
- Gross margin
- €55,787
- ▲ 260%
- Turnover
- ≈ €290,000
- estimated
- Loss
- €33,113
- ▲ 410%
- Equity
- €3,483
- ▼ 90.5%
- Total assets
- €63,770
- ▼ 20.9%
- Employees on 30-06-2025
- 2
- ▲ 100%
- 2025 accounts filed 2 days after the deadline
Score breakdownraises riskCapped at 59: a net loss of at least half of total assets or of the equity at the start of the financial yearLoss of €33,113, the second in a row (financial year 2025)Sector: Construction of residential and non-residential buildings (NACE 41)lowers riskLiquidity: current ratio 1.03, cash €33,015Size: total assets €63,770Show the evidence
Checked score
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro). It does better than 15% of them on solvency, 51% on liquidity, 5% on profitability and 6% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 3 days before the deadline. In the sector (NACE 41), the median for financial year 2024 was on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 2 days after the deadline Filed on 2 February 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00032994.
Annual accounts 2025 filed on 02-02-2026 PDF all 10 filings
Every figure per financial year
The operating result for 2025 is a loss of €32,798, larger than the loss of €6,072 in 2024. It is the lowest result since 2021.
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Staff
| Item | 30-06-2024 | 30-06-2025 |
|---|---|---|
| Employees at the balance-sheet date | 1 | 2 |
| full-time | 1 | 2 |
| in full-time equivalents | 1 | 2 |
| Average over the year, in full-time equivalents | 0.4 | 1.7 |
| On a permanent contract | 1 | 1 |
| Joined | 2 | 3 |
| Left | 1 | 2 |
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
| Item | 30-06-2022 | 30-06-2023 | 30-06-2024 | 30-06-2025 |
|---|---|---|---|---|
| Tangible fixed assets | €751 | €4,651 | - | €1,051 |
| Depreciation and write-downs of the year | €384 | €1,237 | €1,700 | €1,740 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
| Line | 2019 | 2020 | 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 | €4,319 | €3,915 | €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 | €51,635 | €43,439 | €32,698 | €3,952 | €14,894 | €15,484 | €55,787 | ▲ 260% |
| Operating profit (loss)9901 | €314 | €1,281 | €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 | €695 | €508 | €203 | €514 | €161 | €422 | €315 | ▼ 25.4% |
| Profit (loss) for the period before taxes9903 | -€381 | €377 | €4,062 | €1,415 | €12,841 | -€6,494 | -€33,113 | ▼ 410% |
| Income taxes67/77 | - | - | €871 | €262 | €2,867 | - | - | - |
| Profit (loss) for the period9904 | -€381 | €377 | €3,191 | €1,153 | €9,974 | -€6,494 | -€33,113 | ▼ 410% |
| Profit (loss) for the period to be appropriated9905 | -€381 | €377 | €3,191 | €1,153 | €9,974 | -€6,494 | -€33,113 | ▼ 410% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €42,834 | €41,336 | €37,990 | €56,415 | €73,113 | €80,601 | €63,770 | ▼ 20.9% |
| Fixed assets21/28 | €5,290 | €825 | €550 | €917 | €4,331 | €2,630 | €1,941 | ▼ 26.2% |
| Tangible fixed assets22/27 | €4,740 | €825 | €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% |
| Financial fixed assets28 | €550 | - | - | - | - | - | - | - |
| Current assets29/58 | €37,544 | €40,511 | €37,440 | €55,498 | €68,782 | €77,971 | €61,829 | ▼ 20.7% |
| Stocks and contracts in progress3 | €15,296 | €23,868 | €252 | €127 | €243 | €10,795 | €24,778 | ▲ 130% |
| Stocks30/36 | - | - | - | €127 | €243 | €10,795 | €24,778 | ▲ 130% |
| Amounts receivable within one year40/41 | €9,357 | €9,292 | €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 | €10,796 | €6,651 | €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 | €42,834 | €41,336 | €37,990 | €56,415 | €73,113 | €80,601 | €63,770 | ▼ 20.9% |
| Equity10/15 | €28,395 | €28,772 | €31,963 | €33,116 | €43,090 | €36,596 | €3,483 | ▼ 90.5% |
| Contributions10/11 | €6,200 | - | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,860 | €1,860 | €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 | €20,335 | €20,712 | €23,903 | €25,056 | €35,030 | €28,536 | -€4,577 | - |
| Amounts payable17/49 | €14,439 | €12,564 | €6,027 | €23,299 | €30,023 | €44,005 | €60,287 | ▲ 37.0% |
| Amounts payable within one year42/48 | €13,400 | €12,564 | €6,027 | €23,299 | €30,023 | €38,239 | €60,258 | ▲ 57.6% |
| Trade debts44 | €479 | €11,295 | €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 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€381 | €377 | €3,191 | €1,153 | €9,974 | -€6,494 | -€33,113 | ▼ 410% |
| + Depreciation and write-downs630 | €4,319 | €3,915 | €275 | €384 | €1,237 | €1,700 | €1,740 | ▲ 2.4% |
| Operating cash flow (approximation) | €3,938 | €4,292 | €3,466 | €1,537 | €11,211 | -€4,794 | -€31,373 | ▼ 554% |
| Investment in fixed assets (approximation) | - | €550 | €0 | -€751 | -€4,651 | €1 | -€1,051 | - |
| Change in cash | - | -€4,145 | -€2,170 | €15,988 | €36,301 | €3,429 | -€27,184 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 642 companies had the same profile as BUZZETTA CONSTRUCTION has now. Two years later, 89.7% were still going and 3.6% had gone bankrupt.
- Micro
- 10 to 20 years old
- solvency under 10%
- a loss of 10% of the balance sheet or more
Another 1.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of BUZZETTA CONSTRUCTION itself: 1.1% within 12 months.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 642 companies, not a prediction for BUZZETTA CONSTRUCTION. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 02-02-2026 | 2026-00032994 | |
| 30-06-2024 | micro format | 27-01-2025 | 2025-00012377 | |
| 30-06-2023 | micro format | 23-01-2024 | 2024-00006890 | |
| 30-06-2022 | micro format | 30-01-2023 | 2023-00009977 | |
| 30-06-2021 | micro format | 28-01-2022 | 2022-03200168 | |
| 30-06-2020 | micro format | 26-01-2021 | 2021-01900258 | |
| 30-06-2019 | micro format | 31-01-2020 | 2020-04200003 | |
| 30-06-2018 | micro format | 08-01-2019 | 2019-00700304 | |
| 30-06-2017 | micro format | 20-02-2018 | 2018-05400421 | |
| 30-06-2016 | full format | 10-02-2017 | 2017-04300187 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 20-12-2024 Converted to unavailable equity
Mandate history
- Board
- mandate already running before its first mention
| Name | Functions and periods |
|---|---|
| BUZZETTA Antonio |
|
Network & group
BUZZETTA CONSTRUCTION shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of BUZZETTA CONSTRUCTION. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
20-12
Gazette deed
Resignation: BUZZETTA Antonio (manager)Reappointment: BUZZETTA Antonio (director) · Director discharge: BUZZETTA Antonio7 points ▸
- Director resignation, BUZZETTA Antonio (manager)
- Director reappointment, BUZZETTA Antonio (director (not named in the articles))
- Director discharge, BUZZETTA Antonio
- Registered office clause, rue Sarin, 13/B, 7320 Bernissart
- Power of attorney, Gaëtan QUENON
- General meeting, 12-02-2024
- 100 shares
- The act holds 4 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
Activities
NACEBEL 2025Codes under NACEBEL 2008
11 activities
- À toutes entreprises générales visant la construction sans que la liste suivante soit exhaustive : les travaux de maçonnerie,béton,carrelage,plafonnage,coffrage,ferraillage,travaux de menuiserie,réparations de toiture,tous travaux d’entretien et de nettoyage de bâtiments par tous procédés généralement quelconques,rejointoyage,zinguerie,roofing
- L'étude et la réalisation de tous travaux de construction,publics ou privés,en qualité d'entrepreneur général ou en sous-traitance,la conception et la construction de tous bâtiments et édifices ainsi que de leurs abords (notamment de jardins),l'étude et la réalisation de décorations tant intérieures qu'extérieures
- Toutes opérations se rapportant directement ou indirectement à l'entretien,la rénovation,les travaux de réparations,d'embellissements,de renouvellement et de modernisation,et la maintenance de tous types d'ouvrages d'art,de biens immeubles,et plus généralement toutes opérations se rapportant directement ou indirectement aux secteurs de travaux publics et privés et du bâtiment
- La prestation de conseils et d'assistance tant au point de vue technique qu'administratif et commercial à toutes sociétés et entreprises,pour tout ce qui concerne le secteur des biens immobiliers
- L'acquisition de tous terrains,la construction de tous bâtiments publics et particuliers,l'achat,la vente,la location,la division et le lotissement de tous immeubles
- La prise en considération de tous travaux concernant la distribution de l'eau,du gaz,de l’électricité
- L'établissement et l'exploitation de tous moyens de transport,ports,canaux,routes
- L'achat,la vente,la location,l'importation,l'exportation de tous matériaux,marchandises,appareils et outillages nécessaires aux travaux de construction,d'entretien,de maintenance,de réparation et de renouvellement des ouvrages d'art et bâtiments
- La préparation,la rédaction et la conclusion en tant que mandataire ou pour compte propre,de tous marchés de travaux publics ou privés ou de fourniture et faire toutes opérations se rattachant à ces objets
- La prise d'intérêts sous quelque forme que ce soit,et notamment,par souscription ou achat de toutes valeurs mobilières,actions,obligations,parts ou titres côtés ou non côtés,dans toutes sociétés ou entreprises,constituées ou à constituer,sous quelques formes que ce soit,industrielles,commerciales,financières,mobilières,immobilières ou autres
- La prise de mandats d'administrateur,de gérant ou de liquidateur dans d'autres sociétés
Invoicing and payment
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0599.952.423
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 51009B0383/00C002 | Wallonia | 1,582 m² | 1 · 136 m² | 7.9 m · 2 |
| 57009B0784/00L006 | Wallonia | 614 m² | 1 · 242 m² | 9.5 m · 2 |