BUZZLER
ActiveSummary
BUZZLER has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €75k and a net result of €52k. Equity is growing by ~21.9% per year across the filed fiscal years. Its solvency ranks better than 61% of 40 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2026
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability100=
Solvency94=
Growth78=
Track record94
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity ample (current ratio 2.23 against 3.19 in 2025; short-term debt: 17.3% and cash: 19% of total assets), and 30.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+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 dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 74
Relative position
BE, all sectors
reference
Sector 74
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 2026Solvency, return and age of the figures
Solvency
69.3%
Return on assets
48.4%
Age of the figures
6 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2026 was due by 31-10-2026 and was filed on 09-09-2026, 52 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2026
52 d early
2025
44 d early
2024
56 d early
2023
7 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2027 and is due by 31-10-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-03-2027 close31-10-2027 deadline
Financials · fiscal year 2026, micro schema
Equity
€75k▲ 29.2%
2025 · €58k
2023: €30k
2024: €95k
2025: €58k
2023 → 2026
Total assets
€108k▲ 28.1%
2025 · €84k
2023: €49k
2024: €125k
2025: €84k
2023 → 2026
Net result
€52k▼ 1.5%
2025 · €53k
2023: €27k
2024: €65k
2025: €53k
2023 → 2026
Working capital
€23k▼ 60.3%
2025 · €58k
2023: €18k
2024: €95k
2025: €58k
2023 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2023202420252026Trend
Equity€30k-€95k▲ 219%€58k▼ 39.1%€75k▲ 29.2%
Operating result€34k-€84k▲ 144%€69k▼ 17.8%€69k▼ 0.7%
Net result€27k-€65k▲ 139%€53k▼ 18.6%€52k▼ 1.5%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2026 is 1% below 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €108k
Fixed assets
€66k
Current assets
€42k
Equity and liabilities €108k
Equity
€75k ▲ 29.2%
Debt
€33k ▲ 25.7%
Debt's share of the balance-sheet total falls from 31.3% to 30.7%. Equity and debt are higher.
Key figures and ratios
EBITDA
€69k
Cash flow
€52k
Current ratio
2.23▼
2025 · 3.19
Debt to equity
0.44▼
2025 · 0.46
ROE
69.9%▼
2025 · 91.7%
ROA
48.4%▼
2025 · 63.0%
Interest coverage
27.55
Debt ≤ 1 year
€19k▼
2025 · €26k
Debt > 1 year
€14k
Income taxes
€14k▲
2025 · €14k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2026 against 2025 · 44 lines
Balance sheet
Code20252026
Assets
Total assets20/58€84k€108k▲
Fixed assets21/28-€66k
Tangible fixed assets22/27-€66k
Land and buildings22-€60k
Furniture and vehicles24-€6k
Current assets29/58€84k€42k▼
Amounts receivable within one year40/41€16k€21k▲
Trade receivables40€16k€20k▲
Other amounts receivable41€332€1k▲
Cash at bank and in hand54/58€68k€20k▼
Equity and liabilities
Total equity and liabilities10/49€84k€108k▲
Equity10/15€58k€75k▲
Contributions10/11€3k€3k=
Reserves13€55k€72k▲
Distributable reserves133€55k€72k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€26k€33k▲
Amounts payable after more than one year17-€14k
Financial debts170/4-€14k
Amounts payable within one year42/48€26k€19k▼
Current portion of amounts payable after more than one year42-€6k
Trade debts44€5k€2k▼
Suppliers440/4€5k€2k▼
Taxes, remuneration and social security45€22k€10k▼
Taxes450/3€22k€10k▼
Income statement
Code20252026
Non-recurring operating income76A€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€44
Other operating charges640/8€331€8k▲
Gross operating margin9900€70k€77k▲
Operating profit (loss)9901€69k€69k▼
Financial income75/76B€0€87▲
Recurring financial income75€0€87▲
Financial charges65/66B€2k€2k▲
Recurring financial charges65€2k€2k▲
Profit (loss) for the period before taxes9903€67k€66k▼
Income taxes67/77€14k€14k▲
Profit (loss) for the period9904€53k€52k▼
Profit (loss) for the period to be appropriated9905€53k€52k▼
Appropriation of the result
Profit (loss) to be appropriated9906€53k€52k▼
Transfer from equity791/2€90k€35k▼
Transfer to equity691/2€53k€52k▼
To other reserves6921€53k€52k▼
Profit to be distributed694/7€90k€35k▼
Return on contributions (dividend)694€90k€35k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
09-09
NBB filing
Annual accounts filed
fiscal year 2026 · micro schema
2025
17-09
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
05-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Highest result since 2023net €65k ▲139%
Operating result €84k, net result €65k, both a record.
31-03
Financial
Liquidity doublescurrent ratio 4.14
Current ratio from 1.92 to 4.14.
2023
24-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Merksplas · 1 establishment unit since 2022
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.
Goordijkstraat 52330 MerksplasGround area
990 m²
Building footprint
167 m²
Volume, LiDAR
692 m³
Parcel 13023I0519/00R007, Flanders · tallest building 5.8 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BUZZLER
since 20222.336.533.921
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13023I0519/00R007 | Flanders | 990 m² | 1 · 167 m² | 5.8 m · 1 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
Stofie
BE 0774.581.226
Maldegem · Eq €74,616
Hygie Quality Services
BE 0701.686.023
Chaudfontaine · Eq €74,271
DRECIRC
BE 1003.628.910
Etterbeek · Eq €74,037
Frederik Smets Projects
BE 0747.624.530
Vosselaar · Eq €74,011
ARKTOS ANALYTICS
BE 0692.580.295
Etterbeek · Eq €73,902
Of 4,567 companies in sector 74999 we hold annual accounts for 1,938. 1,563 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded03-10-2022
Fiscal year end31-03
Activities, NACEBEL 2025
74999Other professional, scientific and technical activities
41001General construction of residential buildings
68110Buying and selling of own real estate
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.