DIS - 3 - BUTION
ActiveDIS - 3 - BUTION has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €13.75M and a net result of €61k. Equity is growing by ~32.5% per year across the filed fiscal years. Its solvency ranks better than 63% of 227 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
61
/ 100
Healthy▼ -15 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability2▼-20
Solvency72▼-3
Growth52=
Stability100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €850k at 30 days acceptable
Liquidity short (current ratio 0.87 against 1.03 in 2024), and 43.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 90
Relative position
BE, all sectors
reference
Sector 90
lower
← 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
56.9%
Return on assets
0.3%
Age of the figures
9 mo
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 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
on the day
2023
1 d early
2022
4 d early
2021
31 d late
2020
1 d early
2019
2 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
16-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€61k▼ 89.9%
2024 · €601k
2018: €747k
2019: €747k
2020: €-2.82M
2021: €2.21M
2022: €2.66M
2023: €2.95M
2024: €601k
2018 → 2025
Working capital
€-1.16M
2024 · €278k
2018: €-2.10M
2019: €-2.63M
2020: €-9.27M
2021: €-3.14M
2022: €-248k
2023: €2.17M
2024: €278k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€2.63M-€7.73M▲ 194%€13.08M▲ 69.3%€13.68M▲ 4.6%€13.75M▲ 0.4%
Operating result€2.10M-€2.57M▲ 22.4%€2.58M▲ 0.3%€507k▼ 80.3%€151k▼ 70.2%
Net result€2.21M-€2.66M▲ 20.1%€2.95M▲ 11.0%€601k▼ 79.6%€61k▼ 89.9%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 70% below 2024 and is the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €24.17M
Fixed assets
€16.66M▼ 1.1%
Current assets
€7.51M▼ 16.0%
Equity and liabilities €24.17M
Equity
€13.75M▲ 0.4%
Provisions
€177k=
Debt
€10.25M▼ 14.1%
The debt ratio falls from 46.2% to 42.4%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€4.17M▲
2024 · €4.07M
Cash flow
€4.08M▼
2024 · €4.17M
Solvency
56.9%▲
2024 · 53.1%
Current ratio
0.87▼
2024 · 1.03
Quick ratio
0.87▲
2024 · 0.85
Debt / equity
0.75▼
2024 · 0.87
ROE
0.4%▼
2024 · 4.4%
ROA
0.3%▼
2024 · 2.3%
Interest coverage
17.05▲
2024 · 15.82
Debt
€10.25M▼
2024 · €11.93M
Debt ≤ 1 year
€8.67M▲
2024 · €8.66M
Debt > 1 year
€1.49M▼
2024 · €3.16M
Income taxes
€56k▲
2024 · €26k
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€25.79M€24.17M▼
Fixed assets21/28€16.85M€16.66M▼
Intangible fixed assets21€320k€240k▼
Tangible fixed assets22/27€15.99M€15.88M▼
Land and buildings22€9.90M€9.76M▼
Plant, machinery and equipment23€5.79M€5.87M▲
Furniture and vehicles24€260k€218k▼
Other tangible fixed assets26€39k€36k▼
Assets under construction and advance payments27€1k€1k=
Financial fixed assets28€539k€539k=
Current assets29/58€8.94M€7.51M▼
Stocks and contracts in progress3€1.54M€0▼
Stocks30/36€1.54M€0▼
Amounts receivable within one year40/41€7.31M€6.25M▼
Trade receivables40€2.79M€1.63M▼
Other amounts receivable41€4.52M€4.62M▲
Cash at bank and in hand54/58€57k€1.23M▲
Deferred charges and accrued income490/1€30k€25k▼
Equity and liabilities
Total equity and liabilities10/49€25.79M€24.17M▼
Equity10/15€13.68M€13.75M▲
Contributions10/11€756k€756k=
Capital10€756k€756k=
Issued capital100€756k€756k=
Revaluation surpluses12€5.31M€5.25M▼
Reserves13€4.46M€4.52M▲
Non-distributable reserves130/1€76k€76k=
Legal reserve130€76k€76k=
Tax-exempt reserves132€4.19M€4.19M=
Distributable reserves133€188k€251k▲
Profit (loss) carried forward14€3.16M€3.22M▲
Provisions and deferred taxes16€177k€177k=
Provisions for liabilities and charges160/5€177k€177k=
Other liabilities and charges164/5€177k€177k=
Amounts payable17/49€11.93M€10.25M▼
Amounts payable after more than one year17€3.16M€1.49M▼
Financial debts170/4€3.16M€1.49M▼
Amounts payable within one year42/48€8.66M€8.67M▲
Current portion of amounts payable after more than one year42€1.62M€1.67M▲
Financial debts43-€250k
Credit institutions430/8-€250k
Trade debts44€6.32M€5.58M▼
Suppliers440/4€6.32M€5.58M▼
Taxes, remuneration and social security45€7k€108k▲
Taxes450/3€7k€108k▲
Other amounts payable47/48€718k€1.06M▲
Accrued charges and deferred income492/3€105k€89k▼
Income statement
Code20242025
Non-recurring operating income76A€13k€1.47M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3.57M€4.01M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€74k€180k▲
Provisions for liabilities and charges: additions (uses and reversals)635/8€127k€0▼
Other operating charges640/8€60k€62k▲
Non-recurring operating charges66A€107k€1.11M▲
Gross operating margin9900€4.44M€5.52M▲
Operating profit (loss)9901€507k€151k▼
Financial income75/76B€376k€209k▼
Recurring financial income75€376k€209k▼
Financial charges65/66B€258k€244k▼
Recurring financial charges65€258k€244k▼
Profit (loss) for the period before taxes9903€626k€116k▼
Income taxes67/77€26k€56k▲
Profit (loss) for the period9904€601k€61k▼
Transfer to tax-exempt reserves689€0-
Profit (loss) for the period to be appropriated9905€601k€61k▼
Appropriation of the result
Profit (loss) to be appropriated9906€3.16M€3.22M▲
Profit (loss) brought forward from the previous period14P€2.56M€3.16M▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (24 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
31-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €2.95M ▲11%
Operating result €2.58M, net result €2.95M, both a record.
31-12
Financial
Equity above €10MEq €13.08M ▲69.3%
3 profitable years in a row build equity to €13.08M.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Equity above €5MEq €7.73M ▲194%
2 profitable years in a row build equity to €7.73M.
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Back to profitnet €2.21M
Net result €2.21M after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-2.82M ▼478%
Net result drops to €-2.82M, the lowest in the series; recovery starts the following year.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
29-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Buggenhout · 1 establishment unit since 2020
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.
Kasteelstraat 223A9255 BuggenhoutGround area
2.8 ha
Building footprint
1.3 ha
Volume, LiDAR
73,927 m³
Parcel 42004B0695/00X006, Flanders · tallest building 10.0 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Kasteelstraat 223, 9255 Buggenhout
since 20202.302.117.727
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42004B0695/00X006 | Flanders | 2.8 ha | 1 · 1.3 ha | 10.0 m · 2 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.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 22,500 EUR awarded · 22,500 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 22,500 EUR | 22,500 EUR |
Schemes
Vlaams Beschermingsmechanisme 10 (stopgezet)
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Of 3,394 companies in sector 90393 we hold annual accounts for 938. 59 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded29-03-1993
Fiscal year end31-12
Activities, NACEBEL
51850
90393Specialised image, lighting and sound technical services
46500Wholesale of information and communication equipment
46660Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.