Equity
PROJECT BURO has made a profit without a break since 2014.
PROJECT BURO has made a profit without a break since 2014.
The accounts state no turnover.
Higher solvency than 91% of companies in wholesale trade. Sector median 40.6% · 15,428 companies.
In July 2024, 31,356 companies had the same profile as PROJECT BURO has now. Each dot stands for 79 companies, two years later.
Another 0.1% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,331 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 31,356 companies, not a prediction for PROJECT BURO. 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.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| PROJECT BURO Ghent | €258,837 | €25,373 | 92.3% | - |
| SERECO HANDELSONDERNEMING Halen | €265,193 | €22,613 | 98.1% | - |
| CEMACOM Harelbeke | €296,514 | €31,448 | 42.3% | - |
| Villa Bellevue Eyewear Ghent | €182,651 | €33,672 | 94.3% | - |
| D.C. PROMOTION Sint-Niklaas | €174,397 | €37,871 | 88.6% | - |
| HET SPELONCKJE Lokeren | €150,123 | €28,456 | 78.1% | - |
| HANSEN AUTOMOTIVES Herent | €251,434 | €17,334 | -29.2% | - |
These companies have the same main activity as PROJECT BURO: agents specialised in the wholesale of other particular products (NACE 46180). They are comparable in size and age: total assets between €150,000 and €297,000, founded between 1989 and 1996.
PROJECT BURO files the micro format. That format states no turnover. The gross margin rose from €4,760 in 2006 to €25,373 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.
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