Equity
€104,027 ▲ 36.7%
BULL-TEC has made a profit in every financial year since 2022.
BULL-TEC
Lifetime
4 annual accounts with figures on one time axispeak €68,102 (2025)
€68,102▲ 24.5%
peak €40,869 (2023)
€27,929▲ 52.2%
peak €104,027 (2025)
€104,027▲ 36.7%
€30,106▼ 47.1%
Board1 name since 2021
1 directorGlenn ALAERTS
Documentsfilings and deeds
10-04-202620 days before the deadline
2025abbreviated format
Gross margin from €54,708 to €68,102Result from €18,354 to €27,929Equity from €76,098 to €104,027Debts from €56,875 to €30,106Cash from €32,231 to €44,308
Key points
from the 2025 annual accountsChecked score
97
Excellent
Financially stronger than 77% of micro companies in office administrative support (NACE 82)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.2% across 12,672 companies (NACE 82, micro).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.1%● unchanged vs 06-2025
08-2025: 0.1%● unchanged vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.1%● unchanged vs 02-2026
04-2026: 0.1%● unchanged vs 03-2026highest value
05-2026: < 0.1%▼ -0.1 percentage points vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026lowest value
08-2026: < 0.1%● unchanged vs 07-2026lowest value
09-2026: < 0.1%● unchanged vs 08-2026lowest value
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
lowers risk
Liquidity: current ratio 3.13, cash €44,308
Sector: Office administrative, office support and other business support activities (NACE 82)
Equity €104,027 (77.6% of total assets)
Figures for financial year 2025 (filed on 17-04-2026)
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, micro). It does better than 88% of them on solvency, 77% on liquidity, 69% on profitability and 75% on growth.
The bankruptcy probability was computed on 10-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 26,972 companies had the same profile as BULL-TEC has now. Each dot stands for 68 companies, two years later.
94.9%
were still trading
3.4%
stopped another way
1.6%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of BULL-TEC itself is lower: < 0.1% within 12 months. It rests on far more data about BULL-TEC than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 26,972 companies, not a prediction for BULL-TEC. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €10,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.13 (1.29 in 2024), above the usual 1.5. Short-term debt is 22.4% and cash 33% of total assets. 22.4% of the assets are financed with debt and provisions.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
5 signals, none raises the risk
Five signals.
lowers riskneutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 10-04-2026, 20 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
20 days early
2024
30 days early
2023
28 days early
2022
6 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 4 accounts on average 21 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today. The company usually files around 7 April (4 of the last 4 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end11-11-2026 today30-04-2027 deadline
Board and ownership
- Glenn ALAERTS 100 sharesdeed of 08-04-2021
Shares in 1 company, DIGITAL RX
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0766408480
Incorporation
Founding capital of €5,000, 100 shares · Founder: Glenn ALAERTS · Appointment: Glenn ALAERTS (director) · published on 08-04-2021 · Gazette deed
First establishment
Nachtegalenstraat 110, Lubbeek
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BULL-TEC Lubbeek | €134,133 | €68,102 | 77.6% | - |
| BIOTIFOL Lubbeek | €112,878 | €56,344 | 65.0% | - |
| SOCIAL INVEST Ternat | €114,218 | €66,683 | 71.2% | - |
| Floating Clouds Tremelo | €128,445 | €66,287 | 87.7% | - |
| BGFL Zemst | €161,038 | €70,523 | 86.6% | - |
| NTJK Glabbeek | €140,725 | €72,173 | 11.0% | - |
| BLMNS Herent | €108,891 | €74,380 | 25.3% | - |
These companies have the same main activity as BULL-TEC: other business support services (NACE 82990). They are comparable in size and age: total assets between €109,000 and €161,000, founded between 2020 and 2022.
Official details
Source: KBO- Status
- Active since 06-04-2021Normal situation
- Activity
- Other business support servicesNACE 82990
- Establishment unit
- 2.315.577.7633210 Lubbeek, since 06-04-2021
- Financial year end
- 30 September
- Peppol
- Reachable since 05-04-2024
Annual accounts to 30-09-2025
- €134,133▲ 0.9%
- Filing
- Filed on 10-04-2026, 20 days before the end of the filing period
Insights on BULL-TEC
BULL-TEC files the abbreviated format. That format states no turnover. The gross margin rose from €47,600 in 2022 to €68,102 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about BULL-TEC
- What is the company number of BULL-TEC?
- The company number of BULL-TEC is 0766.408.480. The VAT number is the same number with BE in front: BE 0766.408.480.
- Where is BULL-TEC based?
- The registered office is at Nachtegalenstraat 110, 3210 Lubbeek.Company details
- What does BULL-TEC do?
- According to the KBO register, the main activity is other business support services (NACE 82990).
- What is the legal form of BULL-TEC?
- BULL-TEC is a private limited company (BV).
- When was BULL-TEC founded?
- BULL-TEC was founded on 06-04-2021.
- Is BULL-TEC still active?
- Yes, BULL-TEC is an active enterprise in the KBO register.
- What is the turnover of BULL-TEC?
- The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €68,102 and 51 comparable companies (NACE 82). It probably lies between €110,000 and €190,000.Financials
- Is BULL-TEC profitable?
- In financial year 2025, BULL-TEC made a profit of €27,929.
- Where can I find the annual accounts of BULL-TEC?
- BULL-TEC filed 4 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BULL-TEC due?
- BULL-TEC must file the annual accounts for financial year 2026 by 30-04-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark See what changed in the latest annual accounts.What changed
See how customers, suppliers and banks see your own company and what to improve first.