Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 64 % of short-term debt in 2025; threshold 65 %.
-
Shrinking team NBB
FTE fell two years in a row, from 15.7 to 9.
Financials
Financial year 2025
BUFFL from Mechelen, company number BE0688975459, closed financial year 2025 with a result of € -131,952 after tax. For that financial year BUFFL recorded a gross margin of € 972,975 and equity of € -1.8 million. Compared with financial year 2024, the result moved from € -684,594 to € -131,952. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 24, 2026.
€ -1.8 million
▼ € 131,952 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -131,952
▲ 81 % less loss than in 2024
Profit after tax over the fiscal year.
€ 137,537
▼ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.9 million.
People and assets in 2025
9
▼ 3.9 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 648,600
▼ 38% vs 2024
€ 72,100 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 2.2 million
▼ 11% vs 2024
€ 274,260 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 191,660
▼ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 136,272
▲ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 692,967 | € 1,183,600 | € 786,920 | € 972,975 | ▲ 24% |
| Profit after taxes | € -182,440 | € -1,030,251 | € -684,594 | € -131,952 | ▲ € 552,643 |
| Equity | € 36,544 | € -993,707 | € -1,678,301 | € -1,810,253 | ▼ € 131,952 |
| Total debts | € 980,949 | € 2,642,495 | € 3,165,081 | € 3,078,043 | ▼ 3% |
| Cash | € 274,965 | € 311,950 | € 163,969 | € 137,537 | ▼ 16% |
| Retained profit | € -20,059 | € -1,050,310 | € -1,734,904 | € -1,866,856 | ▼ € 131,952 |
| Bank debt | € 295,909 | € 1,821,779 | € 2,409,122 | € 2,150,837 | ▼ 11% |
| Balance sheet total | € 1,017,492 | € 1,648,788 | € 1,486,780 | € 1,267,790 | ▼ 15% |
| Employees (FTE) | - | 15.7 | 12.9 | 9 | ▼ 3.9 |
Key figures of BUFFL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to BUFFL?
What happened at BUFFL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 131,952. Source: NBB ↗
- KNET BV became a director. NBB
- WiSE BV became a director. NBB
- Patrick HELLEMANS became a director. NBB
- Transistory BV became a director. NBB
- Sestro BV became a director. NBB
- New establishment in Mechelen. KBO
- Start of the company according to the CBE. KBO
In short
From € 182,440 loss in 2022 to € 131,952 loss in 2025.
Paid € 529 in corporate taxes since 2022.
On average € 108,100 of value added per employee in 2025.
Management
Behind BUFFL are KNET BV, Transistory BV, Sestro BV, WiSE BV and Patrick HELLEMANS. KNET BV is also behind Inukshuk and HAKKA.
Directors
According to the 2025 annual accounts
Director · represented by DE CLERCQ Dennis
since 2021
Director · represented by STROO Seppe
since 2021
Director · represented by SEYNAEVE Wim
since 2025
since 2025
Establishments
Establishment units
Physical locations of this company
Motstraat 30 verdiep box 3
2800 Mechelen
Motstraat 30
2800 Mechelen
Active since 29 January 2018
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Hosting & Email
Email provider
Google Workspace
Hosting
CLOUDFLARESPECTRUM Cloudflare, Inc., US
Website info
Features
Security
Details
- Company number
- 0688.975.459
- VAT number
- BE 0688.975.459
- Registered office
- Motstraat 30 verdiep bus 3, 2800 Mechelen
- Names & denominations
- BUFFL
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 January 2018
- Peppol
- Active · Active since 25 Nov 2025
- Contact
- buffl.be [email protected] 0476599261
- Activities · NACE
Markt- en opinieonderzoek