BUSKES
ActiveSummary
BUSKES has been active since 1976 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €217k and a net result of €-83k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 69% of 31694 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
76
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0▼-34
Solvency99▼-1
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
short-term debt: 0.6% and cash: 99.8% of total assets, and 26.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-08-2026, 11 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
11 d late
2024
119 d late
2023
27 d late
2022
49 d early
2021
23 d early
2020
81 d late
2019
111 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-83k▼ 1,975%
2024 · €-4k
2018: €9k
2019: €97k
2020: €-5k
2021: €-5k
2022: €-9k
2023: €-4k
2024: €-4k
2018 → 2025
Working capital
€292k▼ 2.8%
2024 · €301k
2018: €234k
2019: €331k
2020: €327k
2021: €322k
2022: €309k
2023: €305k
2024: €301k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€318k-€309k▼ 2.9%€305k▼ 1.4%€301k▼ 1.3%€217k▼ 27.8%
Operating result€-4k-€-9k▼ 104%€-4k▲ 53.6%€-4k▲ 7.0%€-83k▼ 2,043%
Net result€-5k-€-9k▼ 87.3%€-4k▲ 53.2%€-4k▲ 7.0%€-83k▼ 1,975%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €83k in 2025 against €4k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Equity and liabilities €294k
Equity
€217k ▼ 27.8%
Provisions
€75k
Debt
€2k ▲ 20.0%
Debt's share of the balance-sheet total rises from 0.5% to 0.6%. Equity is lower and debt is higher.
Key figures and ratios
Debt to equity
0.01▲
2024 · 0.00
ROE
-38.5%▼
2024 · -1.3%
ROA
-28.4%▼
2024 · -1.3%
Debt ≤ 1 year
€2k▲
2024 · €1k
A ratio outside any meaningful range has been withheld (balance sheet total €294k, equity €217k).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 32 lines
Balance sheet
Code20242025
Assets
Total assets20/58€302k€294k▼
Current assets29/58€302k€294k▼
Amounts receivable within one year40/41€308€473▲
Trade receivables40-€165
Other amounts receivable41€308€308=
Cash at bank and in hand54/58€302k€293k▼
Equity and liabilities
Total equity and liabilities10/49€302k€294k▼
Equity10/15€301k€217k▼
Contributions10/11€19k€19k=
Reserves13€282k€202k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€280k€200k▼
Profit (loss) carried forward14-€-3k
Provisions and deferred taxes16-€75k
Provisions for liabilities and charges160/5-€75k
Other liabilities and charges164/5-€75k
Amounts payable17/49€1k€2k▲
Amounts payable within one year42/48€1k€2k▲
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Income statement
Code20242025
Provisions for liabilities and charges: additions (uses and reversals)635/8-€75k
Other operating charges640/8€399€945▲
Gross operating margin9900€-3k€-7k▼
Operating profit (loss)9901€-4k€-83k▼
Financial charges65/66B€137€193▲
Recurring financial charges65€137€193▲
Profit (loss) for the period before taxes9903€-4k€-83k▼
Profit (loss) for the period9904€-4k€-83k▼
Profit (loss) for the period to be appropriated9905€-4k€-83k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-4k€-83k▼
Transfer from equity791/2€4k€80k▲
The notes to these accounts (11 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
11-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 11 days late
2025
31-12
Financial
Weakest financial yearnet €-83k
Net result drops to €-83k, the lowest in the series.
27-11
NBB filing
Annual accounts filed
fiscal year 2024 · unclassified schema · 119 days late
2024
27-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 27 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 539.24
Current ratio from 224.15 to 539.24; short-term debt falls from €1k to €566.
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Liquidity times 38current ratio 315.15
Current ratio from 8.19 to 315.15; short-term debt falls from €45k to €1k.
20-10
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 81 days late
2020
19-11
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 111 days late
2019
31-12
Financial
Highest result since 2018net €97k ▲923%
Operating result €142k, net result €97k, both a record.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
14-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Eupen · 1 establishment unit since 1986
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.
Industriestrasse 384700 Eupen1 establishment unit
Establishment
since 19862.028.787.761
Similar companies · same sector, comparable size
IMMO DFM
BE 0818.715.335
Gesves · Eq €217,106
AD PLATA CONSULTING
BE 0785.770.472
Etterbeek · Eq €217,085
Q-Assist
BE 0798.998.304
Aalst · Eq €217,084
PELZCO
BE 0784.707.630
Neupré · Eq €217,128
TELLUS CONSULTANCY
BE 0772.832.157
Gent · Eq €217,060
Of 82,562 companies in sector 70200 we hold annual accounts for 52,574. 39,513 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded29-12-1976
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
13929Manufacture of textiles
Sources
Crossroads Bank for EnterprisesNational Bank · 48 filings
Scores and ratios are computed by Checked and are not a credit decision.