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LE BUT

Active
Private limited companyfounded 2003active for 23 yearsThéo Verbeecklaan 3, 1070 Anderlecht, BelgiumKBO/BCE: BE 0479.409.335
Summary

The computed 12-month bankruptcy probability of LE BUT is 3.4% (moderate). The 2024 annual accounts show equity of €46,553 and a net result of €14,013. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 36% of 5,848 sector peers (NACE 81, financial year 2024). The company has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

Source: KBO
Status
Active since 29-01-2003 Normal situation
Activity
Landscape service activities NACE 81300and 1 other
Establishment unit
2.123.472.035 1070 Anderlecht, since 28-02-2003
Financial year end
31 December
Peppol
Reachable since 13-03-2026

Board and ownership

Board
  • HINDERYKX JonathanDirector · since 24-01-2003

Financial position

50 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
3.4%
Annual accounts 2024
Turnover
€195,368
Profit
€14,013
▲ 39.3%
Equity
€46,553
▲ 33.2%
Total assets
€161,024
▼ 31.4%
  • 2025 accounts not filed, 97 days past the deadline
Score breakdownraises riskFigures for financial year 2024 (filed on 14-08-2025)Size: turnover €195,368, total assets €161,0241 financial year not filed after the legal deadline; last filed accounts filed 14 days late; 2 of the last 3 accounts latelowers riskFounded in 2003Show the evidence

Checked score

Score 2024
50 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 43% of micro companies in building services and landscaping (NACE 81)
Financial strength · tick: 2023
Average
Solvency 54+14
equity 28.9% of total assets
Liquidity 27-13
short-term debt 52.3% · cash 2.9%
Profitability 73-1
return on assets 8.7%
Bankruptcy probability within 12 months
3.4% Moderate
0%0.5%1.5%4%10%≥ 25%

About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.9% (7,710 companies, NACE 81, micro)
Last 24 months 12-2024: 0.8% 01-2025: 0.7%▼ -0.1 percentage points vs 12-2024 02-2025: 0.7%● unchanged vs 01-2025 03-2025: 0.7%● unchanged vs 02-2025 04-2025: 0.7%● unchanged vs 03-2025 05-2025: 0.7%● unchanged vs 04-2025 06-2025: 0.7%● unchanged vs 05-2025lowest value 07-2025: 0.8%▲ +0.1 percentage points vs 06-2025 08-2025: 1.1%▲ +0.3 percentage points vs 07-2025 09-2025: 1.5%▲ +0.4 percentage points vs 08-2025 10-2025: 1.5%● unchanged vs 09-2025 11-2025: 1.5%● unchanged vs 10-2025 12-2025: 1.5%● unchanged vs 11-2025 01-2026: 1.5%● unchanged vs 12-2025 02-2026: 1.5%● unchanged vs 01-2026 03-2026: 1.6%▲ +0.1 percentage points vs 02-2026 04-2026: 1.7%▲ +0.1 percentage points vs 03-2026 05-2026: 1.6%▼ -0.1 percentage points vs 04-2026 06-2026: 1.6%● unchanged vs 05-2026 07-2026: 1.6%● unchanged vs 06-2026 08-2026: 2.4%▲ +0.8 percentage points vs 07-2026 09-2026: 2.7%▲ +0.3 percentage points vs 08-2026 10-2026: 3.4%▲ +0.7 percentage points vs 09-2026highest value 11-2026: 3.4%● unchanged vs 10-2026highest value
Credit of up to €2,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 1.78 (1.43 in 2023), above the usual 1.5. Short-term debt is 52.3% and cash 2.9% of total assets. However, 71.1% of the assets are financed with debt and provisions.
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 81, micro). It does better than 36% of them on solvency, 18% on liquidity, 44% on profitability and 74% on growth.

The bankruptcy probability was computed on 04-11-2026 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.

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).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Figures for financial year 2024 (filed on 14-08-2025)
NBB · annual accounts
lowers risk · Founded in 2003
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Size: turnover €195,368, total assets €161,024
Companies of this size fail more often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 14 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 97 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline05-11-2026 today
raises risk · 2024 accounts filed 14 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 14-08-2025, 14 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 · 10 filings
Deviation from the deadline
2025
not filed
2024
14 days late
2023
31 days late
2022
32 days late
2021
30 days late
2020
26 days late
2019
139 days late
← 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 45 days after the deadline. In the sector (NACE 81), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Recent changes

  1. · Gazette deed Amendment of the articles · Legal-form change · Resignations & appointmentsDirector in office: HINDERYKX Jonathan
  2. · Gazette deed Incorporation
All 14 events

Comparable companies

These companies have the same main activity as LE BUT: landscape service activities (NACE 81300). They are comparable in size and age: total assets between €157,000 and €193,000, founded between 1998 and 2003.

CompanyTotal assetsGross margin
LE BUT Anderlecht€161,024€26,923
AQUA ZEN Estinnes€160,686€27,609
vandergeeten&cie Lasne€169,396€22,032
COADEL Essen€187,756€30,547
ATELIER VERT Kalmthout€193,497€29,379
Tuinen Roosens Pepingen€156,978€32,236
ART & CO Lebbeke€180,085€35,025
Full comparison

Key facts about LE BUT

What is the company number of LE BUT?
The company number of LE BUT is 0479.409.335. The VAT number is the same number with BE in front: BE 0479.409.335.
Where is LE BUT based?
The registered office is at Théo Verbeecklaan 3, 1070 Anderlecht.Company details
What does LE BUT do?
According to the KBO register, the main activity is landscape service activities (NACE 81300).
What is the legal form of LE BUT?
The legal form of LE BUT is Private limited company (BV).
When was LE BUT founded?
LE BUT was founded on 29-01-2003.
Is LE BUT still active?
Yes, LE BUT is an active enterprise in the KBO register.
How many employees does LE BUT have?
LE BUT had an average of 2.8 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
What is the turnover of LE BUT?
The turnover of LE BUT was €195,368 in financial year 2024, according to the filed annual accounts.
Is LE BUT profitable?
In financial year 2024, LE BUT made a profit of €14,013.
Where can I find the annual accounts of LE BUT?
LE BUT filed 22 annual accounts with the National Bank of Belgium, the latest for financial year 2024.

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