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IMMO.BUGLIA

Active
Private limited companyfounded 2009active for 17 yearsRue Dorlot(MLC) 9, 6567 Merbes-le-Château, BelgiumKBO/BCE: BE 0809.238.831

From the official registers: KBO 17 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The annual accounts of IMMO.BUGLIA for financial year 2025 show a net loss of 189% of the equity at the start of that year. The 2025 annual accounts show equity of €192,527 and a net result of -€101,971. Equity has been growing by about 6.5% per year since 2018. Its solvency ranks better than 17% of 9,380 sector peers (NACE 41, financial year 2025). The company has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

KBO
Status
Active since 21-01-2009 Normal situation
Activity
General construction of residential buildings NACE 41001and 4 others
Establishment unit
2.191.121.320 6567 Merbes-le-Château, since 07-09-2010
Financial year end
31 December
Peppol
Reachable since 08-01-2026

Board and ownership

Board

Financial position

55 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€61,195
Turnover
≈ €320,000
estimated
Loss
€101,971
▲ 47.8%
Equity
€192,527
▲ 257%
Total assets
€2.5m
▲ 23.4%
Equity +257%: merger
Filed on 07-07-2026, 24 days before the deadlineat the National Bank
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 yearSector: Construction of residential and non-residential buildings (NACE 41)Equity €192,527 (7.6% of total assets)lowers riskSize: total assets €2.5mFigures for financial year 2025 (filed on 07-07-2026)Show the evidence

Checked score

Score 2025
55 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 48% of small companies in construction of buildings (NACE 41)
A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 33+5
equity 7.6% of total assets
Liquidity 50+2
short-term debt 28.1% · cash 9.4%
Profitability 23+8
return on assets -4.0%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (911 companies, NACE 41, small)
Last 24 months 11-2024: 0.6% 12-2024: 0.6%● unchanged vs 11-2024 01-2025: 0.6%● unchanged vs 12-2024 02-2025: 0.6%● unchanged vs 01-2025 03-2025: 0.6%● unchanged vs 02-2025 04-2025: 0.6%● unchanged vs 03-2025 05-2025: 0.6%● unchanged vs 04-2025 06-2025: 0.6%● unchanged vs 05-2025 07-2025: 0.8%▲ +0.2 percentage points vs 06-2025 08-2025: 1.2%▲ +0.4 percentage points vs 07-2025highest value 09-2025: 0.3%▼ -0.9 percentage points vs 08-2025lowest value 10-2025: 0.3%● unchanged vs 09-2025lowest value 11-2025: 0.3%● unchanged vs 10-2025lowest value 12-2025: 0.3%● unchanged vs 11-2025lowest value 01-2026: 0.3%● unchanged vs 12-2025lowest value 02-2026: 0.4%▲ +0.1 percentage points vs 01-2026 03-2026: 0.4%● unchanged vs 02-2026 04-2026: 0.4%● unchanged vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.5%▲ +0.1 percentage points vs 06-2026 08-2026: 0.4%▼ -0.1 percentage points vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €10,000 on 30-day terms, only on tighter conditions
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity is insufficient, with a current ratio of 0.34 (0.36 in 2024), below 1. Short-term debt is 28.1% and cash 9.4% of total assets. 92.4% of the assets are financed with debt and provisions.
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, small). It does better than 15% of them on solvency, 65% on liquidity, 13% on profitability and 98% on growth.

The bankruptcy probability was computed on 31-10-2026 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

Six signals.
lowers riskraises riskneutral
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
lowers risk · Size: total assets €2.5m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €192,527 (7.6% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 07-07-2026)
NBB · annual accounts
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 17% of 9380 sector peers (2025).
NBB · sector comparison
Position among 9380 sector peers
Solvency
better than 17%
← weakest strongest →
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 07-07-2026, 24 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
24 days early
2024
11 days late
2023
30 days late
2022
30 days late
2021
26 days late
2020
31 days late
2019
11 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 16 days after 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)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 26 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 95% of companies in construction of buildingssector median €8,543 · 9,370 companies -€101,971 View
  • Equity rose in 2025merger with VETERINAIRES BUGHIN ▲ 257% View
  • New directorslatest change 03-04-2026 · 5 in office 3 joined View
  • Caution: 2 loss-making years in a rowloss in financial year 2025 -€101,971 View

Comparable companies

These companies have the same main activity as IMMO.BUGLIA: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €2.1m and €3.1m, founded between 2004 and 2010.

CompanyTotal assetsGross margin
IMMO.BUGLIA Merbes-le-Château€2.5m€0.06m
BREBO INVEST Sint-Pieters-Leeuw€3.1m€0.07m
PPP DEVELOPMENT Schaarbeek€2.5m€0.08m
AKSUBOUW Genk€2.1m€0.08m
GEMA CASA Wortegem-Petegem€2.1m€0.09m
LAPEIRRE BOUWTEAM Roeselare€2.9m€0.04m
LOOCA INVEST Heist-op-den-Berg€2.2m€0.09m
Full comparison

Documents

Annual accounts at the NBB

All 17 annual accounts

Articles and registers

Key facts about IMMO.BUGLIA

What is the company number of IMMO.BUGLIA?
The company number of IMMO.BUGLIA is 0809.238.831. The VAT number is the same number with BE in front: BE 0809.238.831.
Where is IMMO.BUGLIA based?
The registered office is at Rue Dorlot(MLC) 9, 6567 Merbes-le-Château.Company details
What does IMMO.BUGLIA do?
According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
What is the legal form of IMMO.BUGLIA?
The legal form of IMMO.BUGLIA is Private limited company (BV).
When was IMMO.BUGLIA founded?
IMMO.BUGLIA was founded on 21-01-2009.
Is IMMO.BUGLIA still active?
Yes, IMMO.BUGLIA is an active enterprise in the KBO register.
What is the turnover of IMMO.BUGLIA?
The turnover in financial year 2025 is ≈ €320,000. This figure is estimated from the gross margin of €61,195 and 107 comparable companies (NACE 41001). It probably lies between €230,000 and €570,000. In financial year 2023 turnover was €0.Financials
Is IMMO.BUGLIA profitable?
In financial year 2025, IMMO.BUGLIA made a loss of €101,971.
Where can I find the annual accounts of IMMO.BUGLIA?
IMMO.BUGLIA filed 17 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of IMMO.BUGLIA due?
IMMO.BUGLIA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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