NV BUCHAI SA
ActiveNV BUCHAI SA has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €17.50M and a net result of €1.80M. Equity is growing by ~19.3% per year across the filed fiscal years. Its solvency ranks better than 55% of 66 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2024
78
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability75=
Solvency77▲+14
Growth85=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1.35M at 30 days acceptable
Liquidity short (current ratio 0.49 against 0.63 in 2023; short-term debt: 47.8% and cash: 19.2% of total assets), and 47.8% 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○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 02
Relative position
BE, all sectors
reference
Sector 02
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 2024Solvency, return and age of the figures
Solvency
52.2%
Return on assets
5.4%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 02-10-2025, 63 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
63 d late
2023
426 d late
2022
12 d early
2021
64 d late
2020
1 d early
2019
104 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Turnover
€5.63M▲ 148%
2021 · €2.27M
2018: €2.15M
2019: €2.28M
2020: €2.27M
2021: €2.27M
2018 → 2022
EBIT margin
81.9%▲ 27.8pp
2021 · 54.1%
2018: 65.7%
2019: 64.8%
2020: 65.6%
2021: 54.1%
2018 → 2022
Net result
€1.80M▼ 13.4%
2023 · €2.08M
2018: €1.35M
2019: €1.49M
2020: €-110k
2021: €1.69M
2022: €3.99M
2023: €2.08M
2018 → 2024
Working capital
€-8.13M▲ 14.9%
2023 · €-9.56M
2018: €-1.37M
2019: €-8.91M
2020: €-12.12M
2021: €-8.28M
2022: €-8.87M
2023: €-9.56M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€2.27M-€2.27M=€5.63M▲ 148%
Equity€7.95M-€9.63M▲ 21.2%€13.62M▲ 41.4%€15.70M▲ 15.2%€17.50M▲ 11.5%
Operating result€1.49M-€1.23M▼ 17.5%€4.61M▲ 275%€1.88M▼ 59.3%€1.86M▼ 1.0%
Net result€-110k-€1.69M€3.99M▲ 137%€2.08M▼ 48.0%€1.80M▼ 13.4%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2024 is 1% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €33.51M
Fixed assets
€25.63M▲ 1.5%
Current assets
€7.88M▼ 51.9%
Equity and liabilities €33.51M
Equity
€17.50M▲ 11.5%
Debt
€16.01M▼ 38.3%
The debt ratio falls from 62.3% to 47.8%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2.08M▼
2023 · €2.18M
Cash flow
€2.02M▼
2023 · €2.38M
Solvency
52.2%▲
2023 · 37.7%
Current ratio
0.49▼
2023 · 0.63
Quick ratio
0.49▼
2023 · 0.63
Debt / equity
0.91▼
2023 · 1.65
ROE
10.3%▼
2023 · 13.2%
ROA
5.4%▲
2023 · 5.0%
Interest coverage
11.65▼
2023 · 54.85
Debt
€16.01M▼
2023 · €25.93M
Debt ≤ 1 year
€16.01M▼
2023 · €25.93M
Income taxes
€546k▼
2023 · €782k
Staff costs
€458k▲
2023 · €378k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€41.63M€33.51M▼
Fixed assets21/28€25.26M€25.63M▲
Tangible fixed assets22/27€5.50M€5.54M▲
Land and buildings22€4.99M€5.17M▲
Plant, machinery and equipment23€151k-
Furniture and vehicles24€133k€145k▲
Other tangible fixed assets26€224k€224k=
Financial fixed assets28€19.76M€20.10M▲
Current assets29/58€16.37M€7.88M▼
Amounts receivable after more than one year29€775k€775k=
Other amounts receivable291€775k€775k=
Amounts receivable within one year40/41€620k€612k▼
Trade receivables40€620k€463k▼
Other amounts receivable41-€149k
Cash at bank and in hand54/58€14.95M€6.44M▼
Deferred charges and accrued income490/1€29k€50k▲
Equity and liabilities
Total equity and liabilities10/49€41.63M€33.51M▼
Equity10/15€15.70M€17.50M▲
Contributions10/11€8.80M€8.80M=
Capital10€8.80M€8.80M=
Issued capital100€8.80M€8.80M=
Reserves13€388k€478k▲
Non-distributable reserves130/1€388k€478k▲
Legal reserve130€388k€478k▲
Profit (loss) carried forward14€6.51M€8.22M▲
Amounts payable17/49€25.93M€16.01M▼
Amounts payable within one year42/48€25.93M€16.01M▼
Financial debts43€6.03M€5.71M▼
Other loans439€6.03M€5.71M▼
Trade debts44€44k€21k▼
Suppliers440/4€44k€21k▼
Taxes, remuneration and social security45€2.19M€854k▼
Taxes450/3€2.17M€823k▼
Remuneration and social security454/9€22k€32k▲
Other amounts payable47/48€17.66M€9.42M▼
Income statement
Code20232024
Remuneration, social security and pensions62€378k€458k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€306k€219k▼
Other operating charges640/8€9k€10k▲
Gross operating margin9900€2.57M€2.55M▼
Operating profit (loss)9901€1.88M€1.86M▼
Financial income75/76B€1.02M€664k▼
Recurring financial income75€1.02M€664k▼
Financial charges65/66B€40k€179k▲
Recurring financial charges65€40k€179k▲
Profit (loss) for the period before taxes9903€2.86M€2.35M▼
Income taxes67/77€782k€546k▼
Profit (loss) for the period9904€2.08M€1.80M▼
Profit (loss) for the period to be appropriated9905€2.08M€1.80M▼
Appropriation of the result
Profit (loss) to be appropriated9906€6.62M€8.31M▲
Profit (loss) brought forward from the previous period14P€4.54M€6.51M▲
Transfer to equity691/2€104k€90k▼
To the legal reserve6920€104k€90k▼
Social balance
Average headcount (FTE)90876.35.8▼
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
2025
02-10
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 63 days late
30-09
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 426 days late
2023
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
07-07
State Gazette act
General meeting · Director resignation
Permanent representative
2022
31-12
Financial
Highest result since 2018net €3.99M ▲137%
Operating result €4.61M, net result €3.99M, both a record.
31-12
Financial
Equity above €10MEq €13.62M ▲41.4%
2 profitable years in a row build equity to €13.62M.
03-10
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 64 days late
14-04
State Gazette act
Board meeting · Director resignation
Permanent representative · Director appointment
2021
31-12
Financial
Back to profitnet €1.69M
Net result €1.69M after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial
Weakest financial yearnet €-110k ▼107%
Net result drops to €-110k, the lowest in the series; recovery starts the following year.
12-11
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 104 days late
2019
26-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
07-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 7 days late
2016
19-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Destelbergen · 1 establishment unit since 1990
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.
Kwadenplasstraat 129070 DestelbergenGround area
5,223 m²
Building footprint
1,858 m²
Volume, LiDAR
36,830 m³
2 parcels, Flanders · tallest building 29.4 m, ±8 floors. Linked by address, not a title deed.
1 establishment unit
De Gerlachekaai 20, 2000 Antwerpen
since 19902.048.285.652
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3947/00N000 | Flanders | 3,310 m² | 1 · 1,463 m² | 29.4 m · 8 fl. |
| 44013A0356/00B000 | Flanders | 1,913 m² | 1 · 394 m² | 17.4 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Recognitions · licences · registrations
Legal Entity Identifier
8755005SM32W3PVMWL90
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Of 609 companies in sector 02100 we hold annual accounts for 212. 34 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded02-05-1990
Fiscal year end31-12
Activities, NACEBEL
02100Forestry and logging
68201Renting and operating of own or leased residential real estate, excluding social housing
70200Business and other management consultancy
70201
70220Business consulting
Sources
Crossroads Bank for EnterprisesNational Bank · 34 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.