BULL-TEC
ActiveSummary
BULL-TEC has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €104k and a net result of €28k. Equity is growing by ~42.6% per year across the filed fiscal years. Its solvency ranks better than 79% of 2276 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability95▲+9
Solvency100▲+18
Growth78=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €9k at 30 days acceptable
Liquidity ample (current ratio 3.13 against 1.29 in 2024; short-term debt: 22.4% and cash: 33% of total assets), and 22.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 82
Relative position
BE, all sectors
reference
Sector 82
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
77.6%
Return on assets
20.8%
Age of the figures
12 mo
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 d early
2024
30 d early
2023
28 d early
2022
6 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
24-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€104k▲ 36.7%
2024 · €76k
2022: €17k
2023: €58k
2024: €76k
2022 → 2025
Total assets
€134k▲ 0.9%
2024 · €133k
2022: €79k
2023: €124k
2024: €133k
2022 → 2025
Net result
€28k▲ 52.2%
2024 · €18k
2022: €12k
2023: €41k
2024: €18k
2022 → 2025
Working capital
€64k▲ 289%
2024 · €16k
2022: €-14k
2023: €-10k
2024: €16k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€17k-€58k▲ 242%€76k▲ 31.8%€104k▲ 36.7%
Operating result€21k-€53k▲ 157%€26k▼ 50.0%€39k▲ 48.3%
Net result€12k-€41k▲ 244%€18k▼ 55.1%€28k▲ 52.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 48% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €134k
Fixed assets
€40k ▼ 33.0%
Current assets
€94k ▲ 28.4%
Equity and liabilities €134k
Equity
€104k ▲ 36.7%
Debt
€30k ▼ 47.1%
Debt's share of the balance-sheet total falls from 42.8% to 22.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€68k▲
2024 · €53k
Cash flow
€56k▲
2024 · €45k
Current ratio
3.13▲
2024 · 1.29
Quick ratio
3.07▲
2024 · 1.26
Debt to equity
0.29▼
2024 · 0.75
ROE
26.8%▲
2024 · 24.1%
ROA
20.8%▲
2024 · 13.8%
Interest coverage
408.38▲
2024 · 390.11
Debt ≤ 1 year
€30k▼
2024 · €57k
Income taxes
€11k▲
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 45 lines
Balance sheet
Code20242025
Assets
Total assets20/58€133k€134k▲
Fixed assets21/28€60k€40k▼
Tangible fixed assets22/27€57k€37k▼
Land and buildings22€2k€2k▼
Plant, machinery and equipment23€1k€882▼
Furniture and vehicles24€53k€34k▼
Financial fixed assets28€3k€3k=
Current assets29/58€73k€94k▲
Stocks and contracts in progress3€2k€2k=
Stocks30/36€2k€2k=
Amounts receivable within one year40/41€37k€46k▲
Trade receivables40€4k€12k▲
Other amounts receivable41€33k€34k▲
Cash at bank and in hand54/58€32k€44k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€133k€134k▲
Equity10/15€76k€104k▲
Contributions10/11€5k€5k=
Reserves13€30k€30k=
Distributable reserves133€30k€30k=
Profit (loss) carried forward14€41k€69k▲
Amounts payable17/49€57k€30k▼
Amounts payable within one year42/48€57k€30k▼
Trade debts44€5k€2k▼
Suppliers440/4€5k€2k▼
Taxes, remuneration and social security45€8k€9k▲
Taxes450/3€8k€9k▲
Other amounts payable47/48€44k€19k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€28k▲
Other operating charges640/8€704€535▼
Non-recurring operating charges66A€719-
Gross operating margin9900€55k€68k▲
Operating profit (loss)9901€26k€39k▲
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€137€165▲
Recurring financial charges65€137€165▲
Profit (loss) for the period before taxes9903€26k€39k▲
Income taxes67/77€8k€11k▲
Profit (loss) for the period9904€18k€28k▲
Profit (loss) for the period to be appropriated9905€18k€28k▲
Appropriation of the result
Profit (loss) to be appropriated9906€59k€69k▲
Profit (loss) brought forward from the previous period14P€41k€41k=
Transfer to equity691/2€18k-
To other reserves6921€18k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
10-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-09
Financial
Liquidity doublescurrent ratio 3.13
Current ratio from 1.29 to 3.13; short-term debt falls from €57k to €30k.
30-09
Financial
Equity above €100kEq €104k ▲36.7%
4 profitable years in a row build equity to €104k.
31-03
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
02-04
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
30-09
Financial
Highest result since 2022net €41k ▲244%
Operating result €53k, net result €41k, both a record.
24-04
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Lubbeek · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Nachtegalenstraat(LIN) 1103210 LubbeekGround area
1,342 m²
Building footprint
174 m²
Volume, LiDAR
551 m³
Parcel 24063C0022/00X003, Flanders · tallest building 10.5 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
BULL-TEC
since 20212.315.577.763
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24063C0022/00X003 | Flanders | 1,342 m² | 1 · 174 m² | 10.5 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
PROLIFERA
BE 0762.766.824
Schoten · Eq €104,023
T2 Management
BE 0797.395.329
Kinrooi · Eq €104,039
RAID1
BE 0775.659.114
Sint-Pieters-Leeuw · Eq €104,106
Josée
BE 0761.854.529
Vilvoorde · Eq €104,116
GLT Consult
BE 0770.583.737
Brasschaat · Eq €104,120
Of 24,500 companies in sector 82990 we hold annual accounts for 9,404. 7,194 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded06-04-2021
Fiscal year end30-09
Activities, NACEBEL 2025
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.