Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BUSK from Menen, company number BE0687560546, closed financial year 2025 with a result of € -37,372 after tax. For that financial year BUSK recorded a gross margin of € 20,095 and equity of € 776. Compared with financial year 2024, the result moved from € 12,475 to € -37,372. The company made a loss. The buffer shrank hard: equity is 98 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 30, 2026.
€ 776
▼ 98% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -37,372
▼ still € 12,475 profit in 2024
Profit after tax over the fiscal year.
€ 2,838
▲ 168% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -5,424.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 5,003
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4,539
▼ 71% vs 2024
Loans from banks and other lenders, long and short.
€ 1,558
▲ 258% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,585
▲ 44% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 11,666 | € 14,801 | € 19,973 | € 20,095 | ▲ 1% |
| Profit after taxes | € 5,179 | € 6,351 | € 12,475 | € -37,372 | ▼ € 49,847 |
| Equity | € 19,322 | € 25,673 | € 38,148 | € 776 | ▼ 98% |
| Total debts | € 58,816 | € 49,807 | € 38,345 | € 34,092 | ▼ 11% |
| Cash | € 2,637 | € 96 | € 1,057 | € 2,838 | ▲ 168% |
| Retained profit | € 13,122 | € 19,473 | € 31,948 | € -5,424 | ▼ € 37,372 |
| Bank debt | € 32,805 | € 24,909 | € 15,727 | € 4,539 | ▼ 71% |
| Balance sheet total | € 78,138 | € 75,480 | € 76,493 | € 34,868 | ▼ 54% |
Key figures of BUSK, 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 April 2027.
What happened to BUSK?
What happened at BUSK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 37,372 (▼ € 49,847 vs 2024). Source: NBB ↗
- New establishment in Menen. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,179 profit in 2022 to € 37,372 loss in 2025.
Paid € 23,795 in corporate taxes since 2022.
Best year ever: 2024, with € 12,475 profit.
A new publication or filing at BUSK? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Sebastiaan Geeraert
Director
Establishments
Establishment units
Physical locations of this company
Wevelgemstraat 104
8930 Menen
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0687.560.546
- VAT number
- BE 0687.560.546
- Registered office
- Wevelgemstraat 104, 8930 Menen
- Names & denominations
- BUSK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 January 2018
- Peppol
- Active · Active since 2 Feb 2026
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