VEEHANDEL BUSSCHAERT
ActiveVEEHANDEL BUSSCHAERT has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €643k and a net result of €43k. Equity is growing by ~4.3% per year across the filed fiscal years. Its solvency ranks better than 47% of 9039 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
67
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability72=
Solvency67▼-5
Growth78=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40k at 30 days acceptable
Liquidity ample (current ratio 1.7 against 1.91 in 2023; short-term debt: 39.3% and cash: 2% of total assets), but 58.1% 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 · 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
30 d late
2022
59 d late
2021
61 d late
2020
61 d late
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€643k▼ 9.9%
2023 · €714k
2018: €539k
2019: €570k
2020: €630k
2021: €597k
2022: €670k
2023: €714k
2018 → 2024
Total assets
€1.54M▲ 1.0%
2023 · €1.52M
2018: €1.62M
2019: €1.54M
2020: €1.40M
2021: €1.53M
2022: €1.59M
2023: €1.52M
2018 → 2024
Net result
€43k▼ 0.6%
2023 · €43k
2018: €-41k
2019: €31k
2020: €81k
2021: €36k
2022: €73k
2023: €43k
2018 → 2024
Working capital
€420k▼ 9.2%
2023 · €463k
2018: €388k
2019: €382k
2020: €404k
2021: €349k
2022: €386k
2023: €463k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€630k-€597k▼ 5.1%€670k▲ 12.2%€714k▲ 6.4%€643k▼ 9.9%
Operating result€115k-€79k▼ 31.1%€105k▲ 32.3%€82k▼ 22.4%€89k▲ 9.3%
Net result€81k-€36k▼ 55.9%€73k▲ 103%€43k▼ 40.7%€43k▼ 0.6%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 9% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.54M
Fixed assets
€511k▼ 7.3%
Current assets
€1.02M▲ 5.7%
Equity and liabilities €1.54M
Equity
€643k▼ 9.9%
Provisions
€15k=
Debt
€878k▲ 10.8%
The debt ratio rises from 52.1% to 57.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€171k▼
2023 · €174k
Cash flow
€125k▼
2023 · €135k
Solvency
41.9%▼
2023 · 46.9%
Current ratio
1.70▼
2023 · 1.91
Quick ratio
0.93▼
2023 · 0.96
Debt / equity
1.36▲
2023 · 1.11
ROE
6.7%▲
2023 · 6.1%
ROA
2.8%▼
2023 · 2.8%
Interest coverage
6.18▼
2023 · 9.42
Debt
€878k▲
2023 · €792k
Debt ≤ 1 year
€604k▲
2023 · €507k
Debt > 1 year
€214k▼
2023 · €267k
Income taxes
€19k▼
2023 · €20k
Staff costs
€92k▼
2023 · €114k
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€1.52M€1.54M▲
Fixed assets21/28€552k€511k▼
Tangible fixed assets22/27€510k€465k▼
Land and buildings22€426k€411k▼
Plant, machinery and equipment23€46k€26k▼
Furniture and vehicles24€38k€29k▼
Financial fixed assets28€41k€46k▲
Current assets29/58€969k€1.02M▲
Stocks and contracts in progress3€484k€461k▼
Stocks30/36€484k€461k▼
Amounts receivable within one year40/41€303k€429k▲
Trade receivables40€299k€425k▲
Other amounts receivable41€4k€5k▲
Cash at bank and in hand54/58€94k€31k▼
Deferred charges and accrued income490/1€88k€103k▲
Equity and liabilities
Total equity and liabilities10/49€1.52M€1.54M▲
Equity10/15€714k€643k▼
Contributions10/11€131k€19k▼
Reserves13€298k€340k▲
Non-distributable reserves130/1€8k€0▼
Reserves not available under the articles1311€8k€0▼
Distributable reserves133€290k€340k▲
Profit (loss) carried forward14€285k€285k=
Provisions and deferred taxes16€15k€15k=
Provisions for liabilities and charges160/5€15k€15k=
Major repairs and maintenance162€15k€15k=
Amounts payable17/49€792k€878k▲
Amounts payable after more than one year17€267k€214k▼
Financial debts170/4€267k€214k▼
Amounts payable within one year42/48€507k€604k▲
Current portion of amounts payable after more than one year42€54k€53k▼
Financial debts43€123k€142k▲
Credit institutions430/8€123k€142k▲
Trade debts44€274k€258k▼
Suppliers440/4€274k€258k▼
Taxes, remuneration and social security45€41k€25k▼
Taxes450/3€39k€25k▼
Remuneration and social security454/9€2k€114▼
Other amounts payable47/48€15k€126k▲
Accrued charges and deferred income492/3€19k€60k▲
Income statement
Code20232024
Non-recurring operating income76A€500€2k▲
Remuneration, social security and pensions62€114k€92k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€92k€82k▼
Other operating charges640/8€9k€11k▲
Non-recurring operating charges66A€943€0▼
Gross operating margin9900€298k€274k▼
Operating profit (loss)9901€82k€89k▲
Financial income75/76B€219€277▲
Recurring financial income75€219€277▲
Financial charges65/66B€18k€28k▲
Recurring financial charges65€18k€28k▲
Non-recurring financial charges66B€0-
Profit (loss) for the period before taxes9903€63k€62k▼
Income taxes67/77€20k€19k▼
Profit (loss) for the period9904€43k€43k▼
Profit (loss) for the period to be appropriated9905€43k€43k▼
Appropriation of the result
Profit (loss) to be appropriated9906€327k€328k▲
Profit (loss) brought forward from the previous period14P€284k€285k▲
Transfer to equity691/2€43k€42k▼
To other reserves6921€43k€42k▼
Profit to be distributed694/7-€833
Return on contributions (dividend)694-€833
Social balance
Average headcount (FTE)90872.90.0▼
The notes to these accounts (25 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 30 days late
2023
28-09
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 59 days late
2022
30-09
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 61 days late
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 61 days late
2020
31-12
Financial
Highest result since 2018net €81k ▲166%
Operating result €115k, net result €81k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
2019
31-12
Financial
Back to profitnet €31k
Net result €31k after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 31 days late
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, Poperinge · 1 establishment unit since 1989
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.
Blekerijweg 398972 PoperingeGround area
689 m²
Building footprint
232 m²
Parcel 33022B0287/00P000, Flanders. Linked by address, not a title deed.
1 establishment unit
Blekerijweg 39, 8972 Poperinge
since 19892.045.809.578
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33022B0287/00P000 | Flanders | 689 m² | 1 · 232 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 4 entries · 9,458 EUR awarded · 9,458 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 1,101 EUR | 1,101 EUR |
| 2023 | 2 | 7,327 EUR | 7,327 EUR |
| 2022 | 1 | 1,030 EUR | 1,030 EUR |
Schemes
Vlaamse ondersteuningspremie (VOP) voor werkgevers (uitdovend stelsel)
Subsidie voor de bedrijfseigen teelt van plantaardige eiwitbronnen (vlinderbloemigen) - stopgezet
Recognitions · licences · registrations
Food safety, FASFC
1 sitePoperinge2.045.809.578
Similar companies · same sector, comparable size
VAN DURME VEEHANDEL
BE 0733.662.072
Assenede · Eq €642k
RISA
BE 0876.709.457
Temse · Eq €649k
EURO BEL BEEF
BE 0828.108.596
Bernissart · Eq €636k
VERPI
BE 0453.563.882
Roeselare · Eq €651k
K.I. SAMEN BELGIE
BE 0450.330.022
Torhout · Eq €635k
Of 946 companies in sector 46231 we hold annual accounts for 422. 330 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded26-10-1989
Fiscal year end31-12
Activities, NACEBEL
01500Mixed farming
46231Wholesale of live animals
51230
01210
01410Raising of dairy cattle
Sources
Crossroads Bank for EnterprisesNational Bank · 35 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.