Skip to content

BULK PROCESSING SYSTEMS

Active
Private limited companyfounded 2018active for 8 yearsMolenweg 94, 2830 Willebroek, BelgiumKBO/BCE: BE 0693.907.712
Summary

BULK PROCESSING SYSTEMS has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €400,051 and a net result of €320,025. Equity is growing by about 24% per year across the filed financial years. Its solvency ranks better than 42% of 2,275 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Financials · financial year 2025, micro format

Equity
€400,051▼ 5.1%
2024 · €421,527
Total assets
€1.1m▲ 22.5%
2024 · €875,451
Net result
€320,025▲ 347%
2024 · €71,563
Working capital
€278,571▼ 24.7%
2024 · €370,155
Trend over the years

2021 to 2025, 5 financial years 2019 to 2025, 7 financial years

After the dip in 2023 the operating result has climbed two years in a row; 2025 is 211% above 2024 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.3m 2025 Net result€0.3m 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).

Every figure with its change against the financial year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€0.06m-€0.09m▲ 48.5%€0.1m▲ 34.9%€0.09m▼ 27.3%€0.09m▼ 6.2%€0.1m▲ 28.1%€0.3m▲ 211%
Net result€0.05m-€0.06mabove the sector's middle half▲ 33.5%€0.08mabove the sector's middle half▲ 28.8%€0.07mabove the sector's middle half▼ 17.2%€0.07mabove the sector's middle half▼ 0.4%€0.07mabove the sector's middle half▲ 8.8%€0.3mabove the sector's middle half▲ 347%
Equity€0.08m-€0.1mwithin the sector's middle half▲ 81.1%€0.2mabove the sector's middle half▲ 57.6%€0.3mabove the sector's middle half▲ 30.3%€0.3mabove the sector's middle half▲ 23.1%€0.4mabove the sector's middle half▲ 20.4%€0.4mabove the sector's middle half▼ 5.1%
Total assets€0.4m-€0.4mwithin the sector's middle half▲ 1.8%€0.4mwithin the sector's middle half▲ 16.0%€0.5mabove the sector's middle half▲ 19.0%€0.9mabove the sector's middle half▲ 78.9%€0.9mabove the sector's middle half▼ 3.2%€1.1mabove the sector's middle half▲ 22.5%
Debt€0.3m-€0.2m▼ 19.6%€0.2m▼ 9.3%€0.2m▲ 7.1%€0.6m▲ 150%€0.5m▼ 18.1%€0.7m▲ 48.2%
Working capital€0.07m-€0.1mabove the sector's middle half▲ 90.5%€0.2mabove the sector's middle half▲ 39.2%€0.3mabove the sector's middle half▲ 69.5%€0.3mabove the sector's middle half▲ 14.5%€0.4mabove the sector's middle half▲ 9.2%€0.3mabove the sector's middle half▼ 24.7%
Solvency21.2%-37.8%within the sector's middle half▲ 16.5pp51.3%within the sector's middle half▲ 13.6pp56.2%within the sector's middle half▲ 4.9pp38.7%within the sector's middle half▼ 17.5pp48.1%within the sector's middle half▲ 9.5pp37.3%within the sector's middle half▼ 10.9pp
Current ratio1.26-1.61within the sector's middle half▲ 0.351.90within the sector's middle half▲ 0.292.92within the sector's middle half▲ 1.021.69within the sector's middle half▼ 1.231.91within the sector's middle half▲ 0.231.47within the sector's middle half▼ 0.45
Return on assets (ROA)12.9%-16.9%above the sector's middle half▲ 4.0pp18.8%above the sector's middle half▲ 1.9pp13.1%within the sector's middle half▼ 5.7pp7.3%within the sector's middle half▼ 5.8pp8.2%within the sector's middle half▲ 0.9pp29.8%above the sector's middle half▲ 21.7pp
Staff (FTE)0.31.7▲ 467%3.1▲ 82.4%3▼ 3.2%2.7▼ 10.0%
above within below the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Why a figure moved sharply
  • 2025 Net result +347% on 2024. This financial year ran 18 months, the previous one 12.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets €195,150 ▲ 94.4%
Current assets €877,629 ▲ 13.2%
Equity and liabilities €1.1m
Equity €400,051 ▼ 5.1%
Debt €672,728 ▲ 48.2%
Debt's share of the balance-sheet total rises from 51.9% to 62.7%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€388,888▲
2024 · €136,337
Cash flow
€363,054▲
2024 · €96,622
Quick ratio
1.28▼
2024 · 1.79
Debt to equity
1.68▲
2024 · 1.08
ROE
80.0%▲
2024 · 17.0%
Interest coverage
59.28▲
2024 · 24.75
Debt ≤ 1 year
€599,058▲
2024 · €404,895
Debt > 1 year
€73,670▲
2024 · €49,029
Income taxes
€37,447▲
2024 · €34,906
Staff costs
€399,297▲
2024 · €238,707
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
95% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a lower bankruptcy probability: 0.1% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,470 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 58 lines
Balance sheet Code20242025
Assets
Total assets20/58€0.9m€1.1m▲
Fixed assets21/28€0.1m€0.2m▲
Intangible fixed assets21€0.02m€0.03m▲
Tangible fixed assets22/27€0.08m€0.2m▲
Plant, machinery and equipment23€0.03m€0.02m▼
Furniture and vehicles24€0.05m€0.1m▲
Other tangible fixed assets26-€0.03m
Financial fixed assets28€0.008m€0.008m▼
Current assets29/58€0.8m€0.9m▲
Stocks and contracts in progress3€0.05m€0.1m▲
Contracts in progress37€0.05m€0.1m▲
Amounts receivable within one year40/41€0.4m€0.5m▲
Trade receivables40€0.4m€0.4m▲
Other amounts receivable41€0.05m€0.05m▲
Cash at bank and in hand54/58€0.3m€0.3m▼
Deferred charges and accrued income490/1-€0.02m
Equity and liabilities
Total equity and liabilities10/49€0.9m€1.1m▲
Equity10/15€0.4m€0.4m▼
Contributions10/11€0.03m€0.03m▼
Reserves13€0.4m€0.4m▼
Distributable reserves133€0.4m€0.4m▼
Profit (loss) carried forward14€0.002m-
Amounts payable17/49€0.5m€0.7m▲
Amounts payable after more than one year17€0.05m€0.07m▲
Financial debts170/4€0.05m€0.07m▲
Amounts payable within one year42/48€0.4m€0.6m▲
Current portion of amounts payable after more than one year42€0.04m€0.04m▼
Financial debts43€0.04m-
Other loans439€0.04m-
Trade debts44€0.1m€0.2m▲
Suppliers440/4€0.1m€0.2m▲
Advances received on contracts in progress46€0.2m€0.2m▲
Taxes, remuneration and social security45€0.04m€0.04m▲
Taxes450/3€0.01m€0.006m▼
Remuneration and social security454/9€0.03m€0.04m▲
Other amounts payable47/48-€0.2m
Income statement Code20242025
Remuneration, social security and pensions62€0.2m€0.4m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.03m€0.04m▲
Other operating charges640/8€0.001m€0.002m▲
Gross operating margin9900€0.4m€0.8m▲
Operating profit (loss)9901€0.1m€0.3m▲
Financial income75/76B€0.001m€0.02m▲
Recurring financial income75€0.001m€0.001m▲
Non-recurring financial income76B-€0.02m
Financial charges65/66B€0.006m€0.007m▲
Recurring financial charges65€0.006m€0.007m▲
Profit (loss) for the period before taxes9903€0.1m€0.4m▲
Income taxes67/77€0.03m€0.04m▲
Profit (loss) for the period9904€0.07m€0.3m▲
Profit (loss) for the period to be appropriated9905€0.07m€0.3m▲
Appropriation of the result
Profit (loss) to be appropriated9906€0.07m€0.3m▲
Profit (loss) brought forward from the previous period14P€463€0.002m▲
Transfer from equity791/2-€0.1m
Transfer to equity691/2€0.07m€0.1m▲
To other reserves6921€0.07m€0.1m▲
Profit to be distributed694/7-€0.3m
Return on contributions (dividend)694-€0.1m
Directors or managers695-€0.2m

The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Remuneration, social security and pensions62---€87,697€181,553€238,707€399,297▲ 67.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,909€11,567€13,004€18,697€25,532€25,058€43,030▲ 71.7%
Other operating charges640/8---€776€1,013€1,406€2,321▲ 65.1%
Gross operating margin9900€75,476€106,431€150,536€199,714€294,944€376,450€790,506▲ 110%
Operating profit (loss)9901€63,514€94,342€127,234€92,545€86,846€111,279€345,858▲ 211%
Financial income75/76B---€30€739€699€18,174▲ 2,498%
Recurring financial income75-€30-€30€739€699€1,196▲ 71.0%
Non-recurring financial income76B------€16,978-
Financial charges65/66B---€5,052€5,472€5,509€6,560▲ 19.1%
Recurring financial charges65€2,007€3,107€5,158€5,052€5,472€5,509€6,560▲ 19.1%
Profit (loss) for the period before taxes9903€61,508€91,265€122,076€87,522€82,113€106,470€357,472▲ 236%
Income taxes67/77€15,100€29,317€42,318€21,450€16,336€34,906€37,447▲ 7.3%
Profit (loss) for the period9904€46,408€61,948€79,759€66,072€65,777€71,563€320,025▲ 347%
Profit (loss) for the period to be appropriated9905€46,408€61,948€79,759€66,072€65,777€71,563€320,025▲ 347%
Line2019202020212022202320242025Change
Assets
Total assets20/58€0.4m€0.4m€0.4m€0.5m€0.9m€0.9m€1.1m▲ 22.5%
Fixed assets21/28€0.04m€0.04m€0.06m€0.06m€0.07m€0.1m€0.2m▲ 94.4%
Intangible fixed assets21--€0.02m€0.03m€0.02m€0.02m€0.03m▲ 54.3%
Tangible fixed assets22/27€0.04m€0.04m€0.04m€0.03m€0.05m€0.08m€0.2m▲ 112%
Plant, machinery and equipment23---€0.02m€0.01m€0.03m€0.02m▼ 30.2%
Furniture and vehicles24---€0.01m€0.04m€0.05m€0.1m▲ 136%
Other tangible fixed assets26------€0.03m-
Financial fixed assets28-----€0.008m€0.008m▼ 1.3%
Current assets29/58€0.3m€0.3m€0.4m€0.5m€0.8m€0.8m€0.9m▲ 13.2%
Stocks and contracts in progress3--€0.05m€0.05m€0.02m€0.05m€0.1m▲ 121%
Stocks30/36---€0.05m€0.02m---
Contracts in progress37-----€0.05m€0.1m▲ 121%
Amounts receivable within one year40/41€0.2m€0.3m€0.2m€0.2m€0.6m€0.4m€0.5m▲ 12.0%
Trade receivables40---€0.2m€0.6m€0.4m€0.4m▲ 11.4%
Other amounts receivable41---€0.009m€0.02m€0.05m€0.05m▲ 16.9%
Cash at bank and in hand54/58€0.1m€0.07m€0.08m€0.2m€0.2m€0.3m€0.3m▼ 8.2%
Deferred charges and accrued income490/1------€0.02m-
Equity and liabilities
Total equity and liabilities10/49€0.4m€0.4m€0.4m€0.5m€0.9m€0.9m€1.1m▲ 22.5%
Equity10/15€0.08m€0.1m€0.2m€0.3m€0.3m€0.4m€0.4m▼ 5.1%
Contributions10/11€0.03m€0.03m€0.03m€0.03m€0.03m€0.03m€0.03m▼ 9.1%
Reserves13€0.05m€0.1m€0.2m€0.3m€0.3m€0.4m€0.4m▼ 4.3%
Non-distributable reserves130/1---€0.003m€0.003m---
Reserves not available under the articles1311---€0.003m€0.003m---
Distributable reserves133---€0.3m€0.3m€0.4m€0.4m▼ 4.3%
Profit (loss) carried forward14---€0.001m€463€0.002m--
Amounts payable17/49€0.3m€0.2m€0.2m€0.2m€0.6m€0.5m€0.7m▲ 48.2%
Amounts payable after more than one year17€0.03m€0.02m€0.01m€0.07m€0.06m€0.05m€0.07m▲ 50.3%
Financial debts170/4---€0.07m€0.06m€0.05m€0.07m▲ 50.3%
Amounts payable within one year42/48€0.3m€0.2m€0.2m€0.2m€0.5m€0.4m€0.6m▲ 48.0%
Current portion of amounts payable after more than one year42---€0.03m€0.05m€0.04m€0.04m▼ 2.4%
Financial debts43-----€0.04m--
Other loans439-----€0.04m--
Trade debts44€0.1m€0.07m€0.04m€0.1m€0.07m€0.1m€0.2m▲ 22.4%
Suppliers440/4---€0.1m€0.07m€0.1m€0.2m▲ 22.4%
Advances received on contracts in progress46----€0.3m€0.2m€0.2m▲ 2.0%
Taxes, remuneration and social security45---€0.03m€0.08m€0.04m€0.04m▲ 1.6%
Taxes450/3---€0.03m€0.05m€0.01m€0.006m▼ 57.8%
Remuneration and social security454/9----€0.03m€0.03m€0.04m▲ 33.9%
Other amounts payable47/48----€130-€0.2m-
Accrued charges and deferred income492/3----€242---
Line2019202020212022202320242025Change
Profit (loss) for the period9904€46,408€61,948€79,759€66,072€65,777€71,563€320,025▲ 347%
+ Depreciation and write-downs630€10,909€11,567€13,004€18,697€25,532€25,058€43,030▲ 71.7%
Operating cash flow (approximation)€57,316€73,515€92,763€84,769€91,309€96,622€363,054▲ 276%
Investment in fixed assets (approximation)--€3,291-€32,847-€18,686-€43,124-€52,678-€137,779▼ 162%
Change in cash--€58,948€5,099€117,443€25,500€87,669-€25,289▼ 129%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Subsidies and aid

Flemish government

2022 to 2025 · 5 entries · €6,047 awarded · €5,328 paid
Year Entries AwardedPaid
2025 1 €1,379€908
2024 2 €3,294€3,294
2023 1 €711€463
2022 1 €663€663
Schemes
4 entries · €4,343 · €3,624 paid · Fonds voor Innoveren en Ondernemen
1 entry · €1,704 · €1,704 paid · Departement Werk en Sociale Economie

Public contracts: not fully processed yet. The notices from June 2023 to September 2026 are still being read.