Equity
€105,971 ▼ 10.7%
M&D BUFTEA has made a profit in every financial year since 2020.
M&D BUFTEA
Lifetime
6 annual accounts with figures on one time axispeak €61,386 (2025)
€61,386▲ 38.3%
peak €29,967 (2023)
€26,249▲ 75.4%
peak €118,721 (2024)
€105,971▼ 10.7%
€262,513▲ 44.3%
Board1 name since 2023
1 directorBuftea Mihai
Documentsfilings and deeds
03-03-20263 days late
2025micro format
Gross margin from €44,383 to €61,386Result from €14,967 to €26,249Debts from €181,939 to €262,513Investments €44,222
Key points
from the 2025 annual accountsTurnover
≈ €320,000 estimated
The accounts state no turnover.
Debts
€262,513 71% of the balance sheet
Financial debts 25%Suppliers 60%Taxes and wages 3%Other 11%
Of this, €197,419 falls due within a year.
Investments
€44,222 2.5 × depreciation
Green is investment, beige is depreciation.
Filings
6 annual accounts 2 late
The 2022 accounts came latest: 14 days after the end of the period.
Position in the sector
€368,484
Larger balance sheet than 80% of companies in construction of buildings. Sector median €126,888 · 9,435 companies.
Checked score
63
Healthy
Financially stronger than 36% of micro companies in construction of buildings (NACE 41)
Probability in this band: 0.55% to 1.5%
Bankruptcy probability within 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 1.5% across 13,457 companies (NACE 41, micro).
About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 6.7%
01-2025: 6.7%● unchanged vs 12-2024
02-2025: 6.8%▲ +0.1 percentage points vs 01-2025
03-2025: 7.5%▲ +0.7 percentage points vs 02-2025highest value
04-2025: 5.4%▼ -2.1 percentage points vs 03-2025
05-2025: 5.3%▼ -0.1 percentage points vs 04-2025
06-2025: 5.3%● unchanged vs 05-2025
07-2025: 5.3%● unchanged vs 06-2025
08-2025: 5.3%● unchanged vs 07-2025
09-2025: 4.3%▼ -1.0 percentage point vs 08-2025
10-2025: 4.3%● unchanged vs 09-2025
11-2025: 4.6%▲ +0.3 percentage points vs 10-2025
12-2025: 5.0%▲ +0.4 percentage points vs 11-2025
01-2026: 2.9%▼ -2.1 percentage points vs 12-2025
02-2026: 3.1%▲ +0.2 percentage points vs 01-2026
03-2026: 4.1%▲ +1.0 percentage point vs 02-2026
04-2026: 1.3%▼ -2.8 percentage points vs 03-2026lowest value
05-2026: 1.3%● unchanged vs 04-2026
06-2026: 1.3%● unchanged vs 05-2026
07-2026: 1.3%● unchanged vs 06-2026
08-2026: 1.3%● unchanged vs 07-2026
09-2026: 1.3%● unchanged vs 08-2026
10-2026: 1.4%▲ +0.1 percentage points vs 09-2026
11-2026: 1.5%▲ +0.1 percentage points vs 10-2026
Financial strengthAverage
Score breakdown
raises risk
Sector: Construction of residential and non-residential buildings (NACE 41)
Founded in 2019
Size: total assets €368,484
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, micro). It does better than 36% of them on solvency, 28% on liquidity, 57% on profitability and 24% on growth.
The bankruptcy probability was computed on 06-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-07-2025.
Of the companies with a bankruptcy probability in the low class on 30-06-2025, 0.8% went bankrupt within twelve months.
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).
Comparable companies, two years later
In July 2024, 6,713 companies had the same profile as M&D BUFTEA has now. Each dot stands for 17 companies, two years later.
95.8%
were still trading
2.2%
stopped another way
1.8%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of M&D BUFTEA itself: 1.5% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 6,713 companies, not a prediction for M&D BUFTEA. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €6,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.6 (2.13 in 2024), above the usual 1.5. Short-term debt is 53.6% and cash 8.4% of total assets. However, 71.2% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Four signals.
raises risk
raises risk · 2025 accounts filed 3 days late
The financial year that closed on 31-07-2025 was due by 28-02-2026 and was filed on 03-03-2026, 3 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filingsDeviation from the deadline
2025
3 days late
2024
on the day
2023
7 days early
2022
14 days late
2021
on the day
2020
2 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 1 day 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 financial year that closed on 31-07-2026 is due by 28-02-2027. Nothing is late today. The company usually files around 28 February (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
31-07-2026 year end07-11-2026 today28-02-2027 deadline
Recent changes
Registered office moved from Asse to Ternat
New registered office: Affligemstraat 65/a, 1742 Ternat · Previous registered office: Vaal 2/3, 1730 Asse · General meeting of 01-09-2023 · Gazette deed
Incorporation
published on 12-06-2019 · Gazette deed
First establishment
Vaal 2/3, Asse
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| M&D BUFTEA Ternat | €368,484 | €61,386 | 28.8% | - |
| PIETER STEVENS Hoegaarden | €372,576 | €66,165 | 89.0% | - |
| ERD CONSTRUCT Asse | €337,837 | €65,966 | 80.2% | - |
| MADINADIAN Sint-Genesius-Rode | €432,468 | €54,729 | 13.0% | - |
| DARWOOD Boutersem | €348,171 | €56,848 | 1.4% | - |
| VK Woodmaterials Hasselt | €301,177 | €55,792 | 3.5% | - |
| ANTOON BOSMANS Kortenaken | €416,254 | €62,833 | 39.7% | - |
These companies have the same main activity as M&D BUFTEA: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €301,000 and €432,000, founded between 2018 and 2020.
Official details
Source: KBO- Status
- Active since 10-06-2019Normal situation
- Activity
- General construction of residential buildingsNACE 41001and 3 others
- Establishment unit
- 2.290.239.4821730 Asse, since 10-06-2019
- Financial year end
- 31 July
- Peppol
- Reachable
Insights on M&D BUFTEA
M&D BUFTEA files the micro format. That format states no turnover. The gross margin rose from €37,390 in 2020 to €61,386 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about M&D BUFTEA
- What is the company number of M&D BUFTEA?
- The company number of M&D BUFTEA is 0727.894.037. The VAT number is the same number with BE in front: BE 0727.894.037.
- Where is M&D BUFTEA based?
- The registered office is at Affligemstraat 65/a, 1742 Ternat.Company details
- What does M&D BUFTEA do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of M&D BUFTEA?
- M&D BUFTEA is a private limited company (BV).
- When was M&D BUFTEA founded?
- M&D BUFTEA was founded on 10-06-2019.
- Is M&D BUFTEA still active?
- Yes, M&D BUFTEA is an active enterprise in the KBO register.
- What is the turnover of M&D BUFTEA?
- The turnover in financial year 2025 is ≈ €320,000. This figure is estimated from the gross margin of €61,386 and 108 comparable companies (NACE 41001). It probably lies between €230,000 and €520,000. In financial year 2021 turnover was €389,777.Financials
- Is M&D BUFTEA profitable?
- In financial year 2025, M&D BUFTEA made a profit of €26,249.
- Where can I find the annual accounts of M&D BUFTEA?
- M&D BUFTEA filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of M&D BUFTEA due?
- M&D BUFTEA must file the annual accounts for financial year 2026 by 28-02-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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