DE BUREN
ActiveDE BUREN has been active since 1995 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.37M and a net result of €-471k. Equity is shrinking by ~13.4% per year across the filed fiscal years. Its solvency ranks better than 75% of 72 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.3% (low).
Checked score
Score 2025
53
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability2▼-1
Solvency84▼-5
Growth22=
Track record100
Bankruptcy probability, 12 months
1.3%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €70k at 30 days acceptable
Liquidity ample (current ratio 1.81 against 2.3 in 2024; short-term debt: 40.7% and cash: 19% of total assets), and 40.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Nine 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 61
Relative position
BE, all sectors
reference
Sector 61
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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
59.3%
Return on assets
-20.4%
Age of the figures
9 mo
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
1819202122232425
2018 to 2025 · latest year €-471k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-07-2026, 30 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
30 d early
2024
23 d early
2023
20 d early
2022
66 d early
2021
94 d early
2020
33 d early
2019
4 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
€5.17M▼ 13.5%
2024 · €5.98M
2018: €11.25M
2019: €10.96M
2020: €8.48M
2021: €9.30M
2022: €10.39M
2023: €9.66M
2024: €5.98M
2018 → 2025
EBIT margin
-9.5%▼ 0.7pp
2024 · -8.8%
2018: -2.4%
2019: -1.0%
2020: 0.4%
2021: -10.1%
2022: -0.5%
2023: -6.9%
2024: -8.8%
2018 → 2025
Net result
€-471k▲ 11.4%
2024 · €-531k
2018: €-282k
2019: €-134k
2020: €2k
2021: €-1.06M
2022: €58k
2023: €-619k
2024: €-531k
2018 → 2025
Working capital
€763k▼ 35.4%
2024 · €1.18M
2018: €2.90M
2019: €1.37M
2020: €2.24M
2021: €2.07M
2022: €2.41M
2023: €2.07M
2024: €1.18M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€9.30M-€10.39M▲ 11.7%€9.66M▼ 7.0%€5.98M▼ 38.2%€5.17M▼ 13.5%
Equity€4.03M-€4.09M▲ 1.4%€3.47M▼ 15.1%€1.84M▼ 47.0%€1.37M▼ 25.6%
Operating result€-944k-€-53k▲ 94.4%€-667k▼ 1,155%€-527k▲ 20.9%€-491k▲ 6.8%
Net result€-1.06M-€58k€-619k€-531k▲ 14.1%€-471k▲ 11.4%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €491k in 2025 against €527k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.31M
Fixed assets
€608k▼ 20.5%
Current assets
€1.70M▼ 18.5%
Equity and liabilities €2.31M
Equity
€1.37M▼ 25.6%
Debt
€941k▼ 7.3%
The debt ratio rises from 35.5% to 40.7%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-188k▼
2024 · €-167k
Cash flow
€-168k▲
2024 · €-171k
Solvency
59.3%▼
2024 · 64.5%
Current ratio
1.81▼
2024 · 2.30
Quick ratio
1.81▼
2024 · 2.30
Debt / equity
0.69▲
2024 · 0.55
ROE
-34.3%▼
2024 · -28.8%
ROA
-20.4%▼
2024 · -18.6%
Interest coverage
-22.13▼
2024 · -15.38
Debt
€941k▼
2024 · €1.01M
Debt ≤ 1 year
€941k▲
2024 · €910k
Staff costs
€1.16M▼
2024 · €1.75M
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 · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.86M€2.31M▼
Fixed assets21/28€765k€608k▼
Intangible fixed assets21€109k€126k▲
Tangible fixed assets22/27€643k€469k▼
Plant, machinery and equipment23€166k€140k▼
Furniture and vehicles24€3k€2k▼
Other tangible fixed assets26€474k€328k▼
Financial fixed assets28€13k€13k=
Other financial fixed assets284/8€13k€13k=
Amounts receivable and cash guarantees285/8€13k€13k=
Current assets29/58€2.09M€1.70M▼
Amounts receivable within one year40/41€1.73M€1.26M▼
Trade receivables40€762k€726k▼
Other amounts receivable41€964k€531k▼
Cash at bank and in hand54/58€344k€438k▲
Deferred charges and accrued income490/1€22k€8k▼
Equity and liabilities
Total equity and liabilities10/49€2.86M€2.31M▼
Equity10/15€1.84M€1.37M▼
Contributions10/11€603k€603k=
Capital10€603k€603k=
Issued capital100€727k€727k=
Uncalled capital101€124k€124k=
Reserves13€373k€373k=
Non-distributable reserves130/1€373k€373k=
Legal reserve130€373k€373k=
Profit (loss) carried forward14€866k€395k▼
Amounts payable17/49€1.01M€941k▼
Amounts payable within one year42/48€910k€941k▲
Trade debts44€705k€736k▲
Suppliers440/4€705k€736k▲
Taxes, remuneration and social security45€204k€204k=
Taxes450/3€52k€58k▲
Remuneration and social security454/9€153k€146k▼
Other amounts payable47/48-€948
Accrued charges and deferred income492/3€105k-
Income statement
Code20242025
Operating income70/76A€6.71M€5.24M▼
Turnover70€5.98M€5.17M▼
Other operating income74€735k€69k▼
Operating charges60/66A€7.24M€5.73M▼
Services and other goods61€4.82M€4.24M▼
Remuneration, social security and pensions62€1.75M€1.16M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€360k€303k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-61k€13k▲
Other operating charges640/8€370k€10k▼
Operating profit (loss)9901€-527k€-491k▲
Financial income75/76B€14k€58k▲
Recurring financial income75€14k€58k▲
Income from financial fixed assets750€126-
Income from current assets751€14k-
Other financial income752/9€117-
Non-recurring financial income76B-€58k
Financial charges65/66B€17k€37k▲
Recurring financial charges65€13k€13k▼
Debt charges650€11k€9k▼
Other financial charges652/9€3k€4k▲
Non-recurring financial charges66B€3k€25k▲
Profit (loss) for the period before taxes9903€-530k€-471k▲
Income taxes67/77€1k-
Taxes670/3€1k-
Profit (loss) for the period9904€-531k€-471k▲
Profit (loss) for the period to be appropriated9905€-531k€-471k▲
Appropriation of the result
Profit (loss) to be appropriated9906€866k€395k▼
Profit (loss) brought forward from the previous period14P€1.40M€866k▼
Transfer from equity791/2€1.10M-
From reserves792€1.10M-
Profit to be distributed694/7€1.10M-
Return on contributions (dividend)694€1.10M-
Social balance
Average headcount (FTE)908717.613.9▼
The notes to these accounts (35 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 2026, expected by
2026
03-09
State Gazette act
Resignations & appointmentsGeneral meeting · Director resignation2 facts ▸
State Gazette act
Resignations & appointments
General meeting · Director resignation2 facts ▸
- General meeting, 2026-06-02
- Director resignation, Marie Van Hoorde (bestuurder)
01-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
08-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
26-05
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
31-12
Financial
Back to profitnet €58k
Net result €58k after one loss-making year.
28-04
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet €-1.06M ▼60036%
Net result drops to €-1.06M, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Back to profitnet €2k
Net result €2k after 2 loss-making years.
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
17-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
04-05
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
16-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2026
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
04-02-2026
Resigned as Director
Location & real-estate footprint
Registered office, Geraardsbergen · 3 establishment units since 2015
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.
Gasthuisstraat 1009500 GeraardsbergenGround area
1.9 ha
Building footprint
5,723 m²
Volume, LiDAR
65,617 m³
4 parcels, Flanders · tallest building 32.6 m, ±8 floors. Linked by address, not a title deed.
3 establishment units
Antwerpse Televisiemaatschappij / ATV
since 20152.243.278.517
TV Oost
since 20152.243.278.616
ROB tv
since 20182.294.233.904
4 parcels
Flanders
4
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11002A0026/02_000 | Flanders | 7,386 m² | 1 · 1,002 m² | 14.0 m · 4 fl. |
| 24038D0241/00V002 | Flanders | 7,244 m² | 1 · 796 m² | 32.6 m · 8 fl. |
| 46447B0471/00Z006indicative | Flanders | 3,938 m² | 1 · 3,924 m² | 19.1 m · 2 fl. |
| 41018A0522/00C003 | Flanders | 879 m² | - | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 3
3 of 4 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2023 to 2025 · 2 entries · 3,535 EUR awarded · 3,535 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 1,661 EUR | 1,661 EUR |
| 2023 | 1 | 1,874 EUR | 1,874 EUR |
Schemes
Vlaams opleidingsverlof (VOV)
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Of 1,376 companies in sector 61100 we hold annual accounts for 586. 232 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded06-09-1995
Fiscal year end31-12
Activities, NACEBEL
60200Programming, broadcasting, news agency and other content distribution activities
61100Wired, wireless and satellite telecommunications
61200Telecommunications
64200Holdings
92203
Sources
Crossroads Bank for EnterprisesNational Bank · 30 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.