DE BURBURE 18
ActiveDE BURBURE 18 has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-10k) and a net result of €-36k. Equity is shrinking by ~42.1% per year across the filed fiscal years. Its solvency ranks better than 12% of 936 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
35
/ 100
Weak
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability31▲+5
Solvency24▼-27
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.13 against 0.31 in 2023; short-term debt: 100.7% and cash: 6.7% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Six 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 52
Relative position
BE, all sectors
reference
Sector 52
higher
← fewer bankruptcies
more bankruptcies →
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 · 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 2024Solvency, return and age of the figures
Solvency
-0.7%
Return on assets
-2.5%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-10k
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-08-2025, 29 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
29 d late
2023
12 d late
2022
5 d early
2021
3 d early
2020
26 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€-10k
2023 · €26k
2018: €71k
2019: €81k
2020: €29k
2021: €26k
2022: €31k
2023: €26k
2018 → 2024
Total assets
€1.45M▲ 1,330%
2023 · €101k
2018: €94k
2019: €170k
2020: €95k
2021: €32k
2022: €31k
2023: €101k
2018 → 2024
Net result
€-36k▼ 666%
2023 · €-5k
2018: €-9k
2019: €10k
2020: €-2k
2021: €-3k
2022: €5k
2023: €-5k
2018 → 2024
Working capital
€-1.27M▼ 2,363%
2023 · €-52k
2018: €41k
2019: €81k
2020: €29k
2021: €26k
2022: €31k
2023: €-52k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€29k-€26k▼ 9.2%€31k▲ 18.7%€26k▼ 15.4%€-10k
Operating result€-2k-€-3k▼ 42.5%€5k€-5k€-36k▼ 682%
Net result€-2k-€-3k▼ 41.4%€5k€-5k€-36k▼ 666%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €36k in 2024 against €5k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.45M
Fixed assets
€1.26M▲ 1,521%
Current assets
€189k▲ 699%
Key figures and ratios
Solvency
-0.7%▼
2023 · 25.8%
Current ratio
0.13▼
2023 · 0.31
Quick ratio
0.13▼
2023 · 0.31
ROA
-2.5%▲
2023 · -4.7%
Debt
€1.46M▲
2023 · €75k
Debt ≤ 1 year
€1.46M▲
2023 · €75k
A ratio outside any meaningful range has been withheld (balance sheet total €1.45M, equity €-10k).
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€101k€1.45M▲
Fixed assets21/28€78k€1.26M▲
Tangible fixed assets22/27€78k€1.26M▲
Assets under construction and advance payments27€78k€1.26M▲
Current assets29/58€24k€189k▲
Amounts receivable within one year40/41€7k€91k▲
Other amounts receivable41€7k€91k▲
Cash at bank and in hand54/58€17k€98k▲
Equity and liabilities
Total equity and liabilities10/49€101k€1.45M▲
Equity10/15€26k€-10k▼
Contributions10/11€19k€19k=
Capital10€19k€19k=
Issued capital100€19k€19k=
Reserves13€7k€7k=
Non-distributable reserves130/1€2k€2k=
Legal reserve130€2k€2k=
Distributable reserves133€6k€6k=
Profit (loss) carried forward14€250€-36k▼
Amounts payable17/49€75k€1.46M▲
Amounts payable within one year42/48€75k€1.46M▲
Trade debts44€75k€527k▲
Suppliers440/4€75k€527k▲
Other amounts payable47/48-€934k
Income statement
Code20232024
Goods, raw materials, services and sundry goods60/61€4k-
Other operating charges640/8€643€288▼
Non-recurring operating charges66A-€2k
Gross operating margin9900€-4k€-33k▼
Operating profit (loss)9901€-5k€-36k▼
Financial charges65/66B€47€490▲
Recurring financial charges65€47€490▲
Profit (loss) for the period before taxes9903€-5k€-36k▼
Income taxes67/77€114-
Profit (loss) for the period9904€-5k€-36k▼
Profit (loss) for the period to be appropriated9905€-5k€-36k▼
Appropriation of the result
Profit (loss) to be appropriated9906€250€-36k▼
Profit (loss) brought forward from the previous period14P€5k€250▼
The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
29-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 29 days late
2024
31-12
Financial
Weakest financial yearnet €-36k
Net result drops to €-36k, the lowest in the series.
12-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 12 days late
2023
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Back to profitnet €5k
Net result €5k after 2 loss-making years.
31-12
Financial
Liquidity times 84current ratio 425.05
Current ratio from 5.06 to 425.05; short-term debt falls from €6k to €73.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Liquidity quadruplescurrent ratio 5.06
Current ratio from 1.43 to 5.06; short-term debt falls from €66k to €6k.
26-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 26 days late
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
31-12
Financial
Back to profitnet €10k
Net result €10k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 22 days late
2017
30-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 61 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Antwerpen · 1 establishment unit since 1991
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.
Plantinkaai 132000 AntwerpenGround area
106 m²
Building footprint
106 m²
Volume, LiDAR
2,115 m³
Parcel 11804D3423/00G000, Flanders · tallest building 23.0 m, ±7 floors. Linked by address, not a title deed.
1 establishment unit
ELINE TANKERS
since 19912.054.821.076
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11804D3423/00G000 | Flanders | 106 m² | 1 · 106 m² | 23.0 m · 7 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.
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Of 3,189 companies in sector 52250 we hold annual accounts for 1,956. 954 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-10-1991
Fiscal year end31-12
Activities, NACEBEL
52250Logistics services
52290Warehousing and support activities for transportation
63403
68121Development of residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.