Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 52 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
Buro 88 from Merelbeke-Melle, company number BE0745719469, closed financial year 2024 with a result of € 205,518 after tax. For that financial year Buro 88 recorded a gross margin of € 324,520 and equity of € 166,161. Compared with financial year 2023, the result moved from € 73,572 to € 205,518. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 16, 2025.
€ 166,161
▲ 46% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 205,518
▲ 179% vs 2023
Profit after tax over the fiscal year.
€ 12,120
▼ 12% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 153,176 paid out
75 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2024
€ 17,882
▼ 21% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 716,188
▲ 45% vs 2023
€ 140,540 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 39,424
▲ 215% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 163,890
▲ € 127,316 vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -6,468 | € 90,270 | € 102,439 | € 324,520 | ▲ 217% |
| Profit after taxes | € -9,040 | € 69,956 | € 73,572 | € 205,518 | ▲ 179% |
| Equity | € -29,708 | € 40,248 | € 113,820 | € 166,161 | ▲ 46% |
| Total debts | € 38,500 | € 42,565 | € 567,584 | € 1,379,351 | ▲ 143% |
| Cash | € 4,451 | € 65,556 | € 13,709 | € 12,120 | ▼ 12% |
| Land & buildings | - | - | - | € 499,291 | |
| Retained profit | € -37,208 | € 32,748 | € 106,320 | € 158,661 | ▲ 49% |
| Dividend | € 0 | € 0 | € 0 | € 153,176 | |
| Bank debt | € 4,438 | € 1,924 | € 492,279 | € 716,188 | ▲ 45% |
| Balance sheet total | € 8,793 | € 82,813 | € 681,404 | € 1,545,512 | ▲ 127% |
Key figures of Buro 88, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Buro 88?
What happened at Buro 88 in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: profit of € 205,518 (▲ 179% vs 2023). filed late Source: NBB ↗
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 9,040 loss in 2021 to € 205,518 profit in 2024.
Paid € 101,192 in corporate taxes since 2021.
Best year ever: 2024, with € 205,518 profit.
Paid out € 153,176 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Hundelgemsesteenweg 1103
9820 Merelbeke-Melle
Kleinvleeshuissteeg 15 box 101
9000 Gent
Active since 31 March 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0745.719.469
- VAT number
- BE 0745.719.469
- Registered office
- Hundelgemsesteenweg 1103, 9820 Merelbeke-Melle
- Names & denominations
- Buro 88
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 31 March 2020
- Peppol
- Active · Active since 25 Dec 2025
- Activities · NACE
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