M&D BUFTEA
ActiveThe computed 12-month bankruptcy probability of M&D BUFTEA is 1.7% (moderate). The 2025 annual accounts show equity of €106k and a net result of €26k. Equity is growing by ~23.6% per year across the filed fiscal years. Its solvency ranks better than 35% of 7415 sector peers (fiscal year 2025). The company has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability78▲+3
Solvency54▼-10
Growth85▲+17
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 1.6 against 2.13 in 2024; short-term debt: 53.6% and cash: 8.4% of total assets), but 71.2% of the assets are financed with debt.
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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
28.8%
Return on assets
7.1%
Age of the figures
14 mo
neutral · Filed after the deadline
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. 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 · 6 filingsDeviation from the deadline
2025
3 d late
2024
on the day
2023
7 d early
2022
14 d late
2021
on the day
2020
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-07-2026 and is due by 28-02-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-07-2026 close20-09-2026 today28-02-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€390k▲ 38.6%
2020 · €281k
2020: €281k
2020 → 2021
EBIT margin
6.6%▼ 6.0pp
2020 · 12.5%
2020: 12.5%
2020 → 2021
Net result
€26k▲ 75.4%
2024 · €15k
2020: €26k
2021: €19k
2022: €23k
2023: €30k
2024: €15k
2020 → 2025
Working capital
€118k▼ 18.7%
2024 · €146k
2020: €32k
2021: €51k
2022: €69k
2023: €94k
2024: €146k
2020 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Turnover€390k-
Equity€51k-€74k▲ 45.8%€104k▲ 40.6%€119k▲ 14.4%€106k▼ 10.7%
Operating result€26k-€33k▲ 30.1%€40k▲ 20.3%€26k▼ 34.0%€39k▲ 49.4%
Net result€19k-€23k▲ 24.1%€30k▲ 29.3%€15k▼ 50.1%€26k▲ 75.4%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 49% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €368k
Fixed assets
€53k▲ 102%
Current assets
€316k▲ 15.0%
Equity and liabilities €368k
Equity
€106k▼ 10.7%
Debt
€263k▲ 44.3%
The debt ratio rises from 60.5% to 71.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€57k▲
2024 · €37k
Cash flow
€44k▲
2024 · €26k
Solvency
28.8%▼
2024 · 39.5%
Current ratio
1.60▼
2024 · 2.13
Quick ratio
1.46▼
2024 · 2.05
Debt / equity
2.48▲
2024 · 1.53
ROE
24.8%▲
2024 · 12.6%
ROA
7.1%▲
2024 · 5.0%
Interest coverage
14.91▲
2024 · 6.53
Debt
€263k▲
2024 · €182k
Debt ≤ 1 year
€197k▲
2024 · €129k
Debt > 1 year
€65k▲
2024 · €53k
Income taxes
€9k▲
2024 · €6k
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€301k€368k▲
Fixed assets21/28€26k€53k▲
Tangible fixed assets22/27€26k€53k▲
Furniture and vehicles24€26k€53k▲
Current assets29/58€275k€316k▲
Stocks and contracts in progress3€10k€29k▲
Contracts in progress37€10k€29k▲
Amounts receivable within one year40/41€265k€256k▼
Trade receivables40€162k€188k▲
Other amounts receivable41€103k€69k▼
Cash at bank and in hand54/58-€31k
Equity and liabilities
Total equity and liabilities10/49€301k€368k▲
Equity10/15€119k€106k▼
Contributions10/11€6k€6k=
Profit (loss) carried forward14€113k€100k▼
Amounts payable17/49€182k€263k▲
Amounts payable after more than one year17€53k€65k▲
Financial debts170/4€53k€65k▲
Amounts payable within one year42/48€129k€197k▲
Current portion of amounts payable after more than one year42€21k€30k▲
Financial debts43€24k-
Credit institutions430/8€24k-
Trade debts44€72k€158k▲
Suppliers440/4€9k€64k▲
Bills of exchange payable441€63k€94k▲
Taxes, remuneration and social security45€11k€9k▼
Taxes450/3€11k€9k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€18k▲
Other operating charges640/8€7k€4k▼
Gross operating margin9900€44k€61k▲
Operating profit (loss)9901€26k€39k▲
Financial charges65/66B€6k€4k▼
Recurring financial charges65€6k€4k▼
Profit (loss) for the period before taxes9903€21k€36k▲
Income taxes67/77€6k€9k▲
Profit (loss) for the period9904€15k€26k▲
Profit (loss) for the period to be appropriated9905€15k€26k▲
Appropriation of the result
Profit (loss) to be appropriated9906€113k€139k▲
Profit (loss) brought forward from the previous period14P€98k€113k▲
Profit to be distributed694/7-€39k
Directors or managers695-€39k
The notes to these accounts (7 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
03-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 3 days late
2025
28-02
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-07
Financial
Weakest financial yearnet €15k ▼50.1%
Net result drops to €15k, the lowest in the series; recovery starts the following year.
22-02
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-07
Financial
Highest result since 2020net €30k ▲29.3%
Operating result €40k, net result €30k, both a record.
31-07
Financial
Equity above €100kEq €104k ▲40.6%
4 profitable years in a row build equity to €104k.
14-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 14 days late
2022
28-02
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
26-02
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Ternat · 1 establishment unit since 2019
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.
Affligemstraat 65/a1742 TernatGround area
2,192 m²
Building footprint
339 m²
Volume, LiDAR
2,380 m³
2 parcels, Flanders · tallest building 13.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
M&D BUFTEA
since 20192.290.239.482
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23071A0065/00E002 | Flanders | 1,258 m² | 1 · 163 m² | 6.0 m · 1 fl. |
| 23322B0557/00L005 | Flanders | 934 m² | 1 · 176 m² | 13.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,041. 13,079 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-06-2019
Fiscal year end31-07
Activities, NACEBEL
41001General construction of residential buildings
41002Construction of residential and non-residential buildings
41003General construction of other non-residential buildings
81210General cleaning of buildings
Sources
Crossroads Bank for EnterprisesNational Bank · 6 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.
Contact details
2 entriesE-mail:mihaibuftea@icloud.com
Phone:0499/748101