What does BUTSHOEVE do?

BUTSHOEVE is a market research agency in Maldegem. Private Limited, started on 12 August 1992, 1 establishment.

What is the address of BUTSHOEVE?

The registered office of BUTSHOEVE is located at Jef Tinellaan 35 box a, 9990 Maldegem.

Is BUTSHOEVE still active?

Yes. According to the CBE (30 October 2026) BUTSHOEVE is active, legal situation “Normale toestand”, started on 12 August 1992.

Is BUTSHOEVE registered on Peppol?

Yes, BUTSHOEVE is registered on the Peppol network with ID 0208:0448018749.

What is the enterprise number of BUTSHOEVE?

The enterprise number of BUTSHOEVE is BE0448018749.

When was BUTSHOEVE founded?

BUTSHOEVE was founded on 12 August 1992.

Who are the directors of BUTSHOEVE?

According to the 2025 annual accounts, the directors of BUTSHOEVE are: Maria Vervaet, Marc Baert.

Is BUTSHOEVE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 12 August 1992; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did BUTSHOEVE make in 2025?

BUTSHOEVE recorded a loss after taxes of € 15,402 in financial year 2025.

What is the revenue of BUTSHOEVE?

As a small company, BUTSHOEVE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 16,293.

BUTSHOEVE (Private Limited) - Maldegem - BE0448018749

Dossier BUTSHOEVE, printed on 30 October 2026 from databakkes.be/en/0448018749/butshoeve. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Two loss years in a row NBB

Negative result in 2024 and 2025.
Tight liquidity NBB

Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.

Financials

Financial year 2025

BUTSHOEVE from Maldegem, company number BE0448018749, closed financial year 2025 with a result of € -15,402 after tax. For that financial year BUTSHOEVE recorded a gross margin of € 16,293 and equity of € 324,394. Compared with financial year 2024, the result moved from € -15,823 to € -15,402. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 31, 2025.

What it is worth Healthy

€ 324,394

▼ 5% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -15,402

▲ 3 % less loss than in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 1,236

▼ 16% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € 305,844.

Debts at end 2025

Bank debt ≈ 21 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 225,426

▼ 4% vs 2024

€ 10,658 is repaid this year. At this pace the long-term loan is gone in ≈ 21 years.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 2,252 Gross margin 2022: € 2,252 First fiscal year in the series	€ 15,994 Gross margin 2023: € 15,994 ▲ € 13,742 vs 2022 (€ 2,252) Favourable step	€ 16,051 Gross margin 2024: € 16,051 Unchanged (€ 15,994) Favourable step	€ 16,293 Gross margin 2025: € 16,293 ▲ 2% vs 2024 (€ 16,051) Favourable step	▲ 2%
Profit after taxes	€ -27,679 Profit after taxes 2022: € -27,679 First fiscal year in the series	€ -14,297 Profit after taxes 2023: € -14,297 ▲ € 13,382 vs 2022 (€ -27,679) Favourable step	€ -15,823 Profit after taxes 2024: € -15,823 ▼ € 1,526 vs 2023 (€ -14,297) Unfavourable step	€ -15,402 Profit after taxes 2025: € -15,402 ▲ € 421 vs 2024 (€ -15,823) Favourable step	▲ € 421
Equity	€ 369,916 Equity 2022: € 369,916 First fiscal year in the series	€ 355,619 Equity 2023: € 355,619 ▼ 4% vs 2022 (€ 369,916) Unfavourable step	€ 339,796 Equity 2024: € 339,796 ▼ 4% vs 2023 (€ 355,619) Unfavourable step	€ 324,394 Equity 2025: € 324,394 ▼ 5% vs 2024 (€ 339,796) Unfavourable step	▼ 5%
Total debts	€ 289,080 Total debts 2022: € 289,080 First fiscal year in the series	€ 290,443 Total debts 2023: € 290,443 Unchanged (€ 289,080) Unfavourable step	€ 283,260 Total debts 2024: € 283,260 ▼ 2% vs 2023 (€ 290,443) Favourable step	€ 275,070 Total debts 2025: € 275,070 ▼ 3% vs 2024 (€ 283,260) Favourable step	▼ 3%
Cash	€ 5,884 Cash 2022: € 5,884 First fiscal year in the series	€ 1,118 Cash 2023: € 1,118 ▼ 81% vs 2022 (€ 5,884) Unfavourable step	€ 1,470 Cash 2024: € 1,470 ▲ 32% vs 2023 (€ 1,118) Favourable step	€ 1,236 Cash 2025: € 1,236 ▼ 16% vs 2024 (€ 1,470) Unfavourable step	▼ 16%
Land & buildings	€ 817,957 Land & buildings 2022: € 817,957 First fiscal year in the series	€ 801,966 Land & buildings 2023: € 801,966 ▼ 2% vs 2022 (€ 817,957) Unchanged	€ 770,785 Land & buildings 2024: € 770,785 ▼ 4% vs 2023 (€ 801,966) Unchanged	€ 739,603 Land & buildings 2025: € 739,603 ▼ 4% vs 2024 (€ 770,785) Unchanged	▼ 4%
Retained profit	€ 351,366 Retained profit 2022: € 351,366 First fiscal year in the series	€ 337,069 Retained profit 2023: € 337,069 ▼ 4% vs 2022 (€ 351,366) Unfavourable step	€ 321,246 Retained profit 2024: € 321,246 ▼ 5% vs 2023 (€ 337,069) Unfavourable step	€ 305,844 Retained profit 2025: € 305,844 ▼ 5% vs 2024 (€ 321,246) Unfavourable step	▼ 5%
Bank debt	€ 255,000 Bank debt 2022: € 255,000 First fiscal year in the series	€ 245,942 Bank debt 2023: € 245,942 ▼ 4% vs 2022 (€ 255,000) Favourable step	€ 235,815 Bank debt 2024: € 235,815 ▼ 4% vs 2023 (€ 245,942) Favourable step	€ 225,426 Bank debt 2025: € 225,426 ▼ 4% vs 2024 (€ 235,815) Favourable step	▼ 4%
Balance sheet total	€ 823,840 Balance sheet total 2022: € 823,840 First fiscal year in the series	€ 803,083 Balance sheet total 2023: € 803,083 ▼ 3% vs 2022 (€ 823,840) Unchanged	€ 772,254 Balance sheet total 2024: € 772,254 ▼ 4% vs 2023 (€ 803,083) Unchanged	€ 740,839 Balance sheet total 2025: € 740,839 ▼ 4% vs 2024 (€ 772,254) Unchanged	▼ 4%

Key figures of BUTSHOEVE, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 November 2026.

What happened to BUTSHOEVE?

What happened at BUTSHOEVE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

Oct 31, 2025 New annual accounts for financial year 2025: loss of € 15,402. Source: NBB ↗
Oct 12, 1992 New establishment in Maldegem. KBO
Aug 12, 1992 Start of the company according to the CBE. KBO

In short

From € 27,679 loss in 2022 to € 15,402 loss in 2025.

Original PDFs at the National Bank ↗

Management

Maria Vervaet Marc Baert

BUTSHOEVE

Behind BUTSHOEVE are Maria Vervaet and Marc Baert.

Directors

According to the 2025 annual accounts

Maria Vervaet

Manager

Marc Baert

Manager

Establishments

Establishment units

Physical locations of this company

Registered office

Jef Tinellaan 35 box a

9990 Maldegem

2.059.181.722

Butswervestraat 5 A

9990 Maldegem

Active since 12 October 1992

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0448.018.749

VAT number

BE 0448.018.749

Registered office

Jef Tinellaan 35 bus a, 9990 Maldegem

Names & denominations

BUTSHOEVE

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

12 August 1992

Peppol

Active · Active since 29 Dec 2025

Activities · NACE

Markt- en opinieonderzoek

Marktonderzoekbureaus

View on CBE Public ↗ Annual accounts (NBB) ↗

BUTSHOEVE

Warning lights

Financials

What happened to BUTSHOEVE?

Management

Directors

Establishments

Establishment units

Details

Frequently asked questions