ACTIVE

BURGO

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Financial year 2025 · closed on 31/12/2025

Net result

210,8 k €

+67.8% YoY

Gross margin

285 k €

+85.3% YoY

Equity

257,3 k €

+452.8% YoY

What does BURGO do?

BURGO is a Private limited company incorporated in 2006. Its main activity is: Buying and selling of own real estate. Its registered office is in Boortmeerbeek.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0884.478.167

Incorporation

17/10/2006

Legal form

Private limited company

Registered office

Leuvensesteenweg 176
3190 Boortmeerbeek · FlandreSee on map

Contributed capital

6 200,00 €

Latest accounts

31/12/2025

Activities (NACE)

68100Buying and selling of own real estate· main 68110Buying and selling of own real estate 70120Activities of head offices 68310Real estate agencies 68311Real estate agencies 70311Activities of head offices; management consultancy activities

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Gross margin	285 k €	+85.3%	153,8 k €	+1161%	-14,5 k €	-130%	48 k €	-57.4%	112,7 k €	+193%	38,5 k €	+509%	-9,4 k €	-108%	112,8 k €	+44.8%	77,9 k €	+43.6%	54,3 k €	-58.1%	129,4 k €	-45.0%	235,3 k €	+25.0%	188,2 k €	+25.5%	150 k €	+75.9%	85,3 k €	+52.6%	55,9 k €	+464%	9,9 k €	-74.4%	38,7 k €
EBITDA	281 k €	+86.9%	150,3 k €	+939%	-17,9 k €	-141%	43,9 k €	-60.0%	109,7 k €	+212%	35,2 k €	+350%	-14,1 k €	-120%	71,8 k €	+11.7%	64,3 k €	+110%	30,6 k €	-52.5%	64,5 k €	-66.9%	195,1 k €	+15.9%	168,3 k €	+27.0%	132,6 k €	+60.4%	82,7 k €	+53.6%	53,8 k €	+821%	5,8 k €	-84.5%	37,7 k €
Operating result	275,8 k €	+96.8%	140,1 k €	+576%	-29,5 k €	-193%	31,8 k €	-63.8%	88,1 k €	+665%	11,5 k €	+130%	-38,3 k €	-237%	28 k €	-23.1%	36,4 k €	+1711%	2 k €	-93.8%	32,2 k €	-77.2%	141,1 k €	+9.2%	129,2 k €	+27.7%	101,2 k €	+85.6%	54,5 k €	+117%	25,2 k €	+311%	-11,9 k €	-164%	18,5 k €
Net result	210,8 k €	+67.8%	125,6 k €	+415%	-39,8 k €	-1291%	3,3 k €	-91.4%	38,7 k €	+865%	-5,1 k €	+91.3%	-58,2 k €	-931%	7 k €	-49.6%	13,9 k €	+263%	-8,5 k €	-30.5%	-6,5 k €	-110%	62,9 k €	+61.1%	39 k €	-9.5%	43,2 k €	+135%	18,4 k €	+20.6%	15,2 k €	+168%	-22,4 k €	-2751%	846,3 €
Balance sheet
Equity	257,3 k €	+453%	46,6 k €	+159%	-79,1 k €	-102%	-39,2 k €	+7.9%	-42,6 k €	-181%	52,5 k €	-8.8%	57,6 k €	-65.1%	165,2 k €	+4.4%	158,2 k €	+9.6%	144,3 k €	-5.6%	152,9 k €	+39.0%	110 k €	+7.8%	102 k €	+62.0%	63 k €	+218%	19,8 k €	+1290%	1,4 k €	+109%	-15,4 k €	-318%	7 k €
Total assets	506,7 k €	+74.6%	290,2 k €	+41.8%	204,6 k €	-25.7%	275,3 k €	-66.5%	821,7 k €	+67.5%	490,6 k €	-17.4%	594 k €	-30.2%	851 k €	+23.1%	691,1 k €	-2.1%	706,2 k €	-15.6%	836,7 k €	+9.1%	767,1 k €	-9.8%	850,1 k €	+6.9%	795,1 k €	+9.1%	728,5 k €	+338%	166,4 k €	-44.6%	300,2 k €	+20.6%	249 k €
Cash	138,9 k €	+545%	21,5 k €	+340%	4,9 k €	-94.6%	90,7 k €	-79.1%	434,1 k €	+4254%	10 k €	-65.7%	29,1 k €	+424%	5,6 k €	-35.8%	8,7 k €	-57.7%	20,5 k €	+25.4%	16,3 k €	-89.0%	148,4 k €	+1198%	11,4 k €	+2.8%	11,1 k €	-64.9%	31,7 k €	+282%	8,3 k €	-74.7%	32,8 k €	+210%	10,6 k €
Debts	195,2 k €	-19.2%	241,5 k €	-14.8%	283,4 k €	-4.8%	297,8 k €	-64.6%	842,4 k €	+92.3%	438,1 k €	-18.3%	536,3 k €	-21.8%	685,8 k €	+28.7%	532,9 k €	-5.2%	561,9 k €	-17.8%	683,8 k €	+5.3%	649,6 k €	-12.5%	742,4 k €	+2.9%	721,7 k €	+2.6%	703,2 k €	+326%	165 k €	-47.3%	313,2 k €	+32.9%	235,7 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		0,5 ETP	-61.5%	1,3 ETP	+30.0%	1,0 ETP	+150%	0,4 ETP	-50.0%	0,8 ETP		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

GUNTHER DE VLEESCHOUWER

Director

Active

Ended mandates

Gunther De Vleeschouwer

Director · since 17 octobre 2006

Ended

Gunther De Vleeschouwer

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
HIMAYA● Active	0541.954.935
INVESTINSPAIN.XX● Active	0673.472.285
Meridian Crest Group● Active	1038.105.084

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	03/08/2026	27/08/2025	30/09/2024	31/08/2023	31/08/2022	31/08/2021
General meeting	03/06/2026	31/07/2025	31/08/2024	22/08/2023	01/06/2022	30/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	03/06/2026	03/08/2026	Dutch	PDF
Micro model	31/12/2024	31/07/2025	27/08/2025	Dutch	PDF
Micro model	31/12/2023	31/08/2024	30/09/2024	Dutch	PDF
Micro model	31/12/2022	22/08/2023	31/08/2023	Dutch	PDF
Micro model	31/12/2021	01/06/2022	31/08/2022	Dutch	PDF
Micro model	31/12/2020	30/06/2021	31/08/2021	Dutch	PDF
Micro model	31/12/2019	12/08/2020	28/10/2020	Dutch	PDF
Micro model	31/12/2018	28/06/2019	29/08/2019	Dutch	PDF
Micro model	31/12/2017	06/06/2018	29/08/2018	Dutch	PDF
Micro model	31/12/2016	07/06/2017	28/06/2017	Dutch	PDF
Abridged model	31/12/2015	01/06/2016	09/06/2016	Dutch	PDF
Abridged model	31/12/2014	03/06/2015	11/08/2015	Dutch	PDF
Abridged model	31/12/2013	04/06/2014	22/07/2014	Dutch	PDF
Abridged model	31/12/2012	05/06/2013	12/07/2013	Dutch	PDF
Abridged model	31/12/2011	06/06/2012	03/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	30/08/2011	Dutch	PDF
Abridged model	31/12/2009	02/06/2010	28/08/2010	Dutch	PDF
Abridged model	31/12/2008	03/06/2009	26/06/2009	Dutch	PDF
Abridged model	31/12/2007	04/06/2008	26/06/2008	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

GUNTHER DE VLEESCHOUWER

Director

Active

Ended mandates

Gunther De Vleeschouwer

Director · since 17 octobre 2006

Ended

Gunther De Vleeschouwer

Manager

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Registered office11/10/2024
MAATSCHAPPELIJKE ZETEL
PDF
Mandates18/10/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares12/03/2018
KAPITAAL - AANDELEN
PDF
Capital / shares10/02/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Registered office16/05/2012
MAATSCHAPPELIJKE ZETEL
PDF
Registered office31/10/2008
MAATSCHAPPELIJKE ZETEL
PDF
Other31/10/2006
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025210,8 k €↑
2024
Annual accounts 2024125,6 k €↑
2023
Annual accounts 2023-39,8 k €↓
2022
Annual accounts 20223,3 k €↓
2021
Annual accounts 202138,7 k €↑
2019
Annual accounts 2019-5,1 k €↑
2018
Annual accounts 2018-58,2 k €↓
2017
Annual accounts 20177 k €↓
2016
Annual accounts 201613,9 k €↑
2015
Annual accounts 2015-8,5 k €↓
2014
Annual accounts 2014-6,5 k €↓
2013
Annual accounts 201362,9 k €↑
2012
Annual accounts 201239 k €↓
2011
Annual accounts 201143,2 k €↑
2010
Annual accounts 201018,4 k €↑
2009
Annual accounts 200915,2 k €↑
2008
Annual accounts 2008-22,4 k €↓
2007
Annual accounts 2007846,3 €
17/10/2006
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

BURGO

Overview

What does BURGO do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline