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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
BUEL from Faimes, company number BE0860517484, closed financial year 2025 with a result of € -1,112 after tax. For that financial year BUEL recorded a gross margin of € 14,282 and equity of € 41,602. Compared with financial year 2024, the result moved from € -4,662 to € -1,112. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 8, 2025.
€ 41,602
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -1,112
▲ 76 % less loss than in 2024
Profit after tax over the fiscal year.
€ 51,636
▲ 25% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -22,298.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 384
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 14,169 | € 14,479 | € 10,760 | € 14,282 | ▲ 33% |
| Profit after taxes | € -1,063 | € -775 | € -4,662 | € -1,112 | ▲ € 3,550 |
| Equity | € 48,151 | € 47,376 | € 42,714 | € 41,602 | ▼ 3% |
| Total debts | € 163,651 | € 163,691 | € 163,728 | € 162,899 | ▼ 1% |
| Cash | € 21,633 | € 33,055 | € 41,313 | € 51,636 | ▲ 25% |
| Land & buildings | € 189,786 | € 177,429 | € 165,083 | € 152,792 | ▼ 7% |
| Retained profit | € -21,449 | € -20,324 | € -23,086 | € -22,298 | ▲ € 788 |
| Balance sheet total | € 211,802 | € 211,067 | € 206,442 | € 204,501 | ▼ 1% |
Key figures of BUEL, 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 January 2027.
What happened to BUEL?
What happened at BUEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- BRIGITTE MATTHYS stepped down as director. NBB
- JOSE BUDO stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1,112. Source: NBB ↗
- BRIGITTE MATTHYS became a director. NBB
- JOSE BUDO became a director. NBB
- Start of the company according to the CBE. KBO
- New establishment in Heers. KBO
In short
From € 1,063 loss in 2022 to € 1,112 loss in 2025.
Management
Directors
According to the 2025 annual accounts
BRIGITTE MATTHYS
Director
since 2020 · until 2026
JOSE BUDO
Managing director
since 2020 · until 2026
Establishments
Establishment units
Physical locations of this company
Rue A. Braas 56
4317 Faimes
Overhemsestraat(Horpm.) 19 box C
3870 Heers
Active since 4 September 2003
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0860.517.484
- VAT number
- BE 0860.517.484
- Registered office
- Rue A. Braas 56, 4317 Faimes
- Names & denominations
- BUEL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 16 September 2003
- Peppol
- Not registered
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
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