BULLIT
ActiveBULLIT has been active since 1991 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €232k and a net result of €16k. Equity is growing by ~46.7% per year across the filed fiscal years. Its solvency ranks better than 95% of 3674 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▼-13
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 27.01 against 6.3 in 2024; short-term debt: 3.7% and cash: 50.9% of total assets), and 3.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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
96.3%
Return on assets
6.8%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
34 d early
2023
19 d late
2022
5 d early
2021
4 d early
2020
4 d early
2019
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€16k▼ 62.5%
2024 · €44k
2018: €-29k
2019: €39k
2020: €42k
2021: €41k
2022: €44k
2023: €59k
2024: €44k
2018 → 2025
Working capital
€231k▲ 11.5%
2024 · €208k
2018: €-58k
2019: €-21k
2020: €22k
2021: €58k
2022: €95k
2023: €159k
2024: €208k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€69k-€112k▲ 63.7%€171k▲ 52.7%€215k▲ 25.6%€232k▲ 7.6%
Operating result€53k-€67k▲ 25.6%€85k▲ 26.4%€62k▼ 27.2%€20k▼ 68.1%
Net result€41k-€44k▲ 7.4%€59k▲ 35.4%€44k▼ 25.7%€16k▼ 62.5%
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 68% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €241k
Fixed assets
€139▼ 98.2%
Current assets
€240k▼ 2.6%
Equity and liabilities €241k
Equity
€232k▲ 7.6%
Debt
€9k▼ 77.3%
The debt ratio falls from 15.4% to 3.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€20k▼
2024 · €66k
Cash flow
€17k▼
2024 · €48k
Solvency
96.3%▲
2024 · 84.6%
Current ratio
27.01▲
2024 · 6.30
Quick ratio
27.01▲
2024 · 6.28
Debt / equity
0.04▼
2024 · 0.18
ROE
7.1%▼
2024 · 20.4%
ROA
6.8%▼
2024 · 17.3%
Interest coverage
37.96▼
2024 · 146.75
Debt
€9k▼
2024 · €39k
Debt ≤ 1 year
€9k▼
2024 · €39k
Income taxes
€9k▼
2024 · €23k
Staff costs
€196▼
2024 · €69k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€254k€241k▼
Fixed assets21/28€8k€139▼
Tangible fixed assets22/27€4k€139▼
Plant, machinery and equipment23€457€139▼
Furniture and vehicles24€3k€0▼
Financial fixed assets28€4k-
Current assets29/58€247k€240k▼
Amounts receivable after more than one year29€100k€100k=
Other amounts receivable291€100k€100k=
Stocks and contracts in progress3€516-
Stocks30/36€516-
Amounts receivable within one year40/41€7k€500▼
Trade receivables40€169-
Other amounts receivable41€7k€500▼
Cash at bank and in hand54/58€126k€122k▼
Deferred charges and accrued income490/1€13k€17k▲
Equity and liabilities
Total equity and liabilities10/49€254k€241k▼
Equity10/15€215k€232k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€146k€162k▲
Distributable reserves133€146k€162k▲
Profit (loss) carried forward14€7k€8k▲
Amounts payable17/49€39k€9k▼
Amounts payable within one year42/48€39k€9k▼
Trade debts44€18k€2k▼
Suppliers440/4€18k€2k▼
Taxes, remuneration and social security45€20k€5k▼
Taxes450/3€6k€5k▼
Remuneration and social security454/9€14k-
Other amounts payable47/48€1k€1k=
Income statement
Code20242025
Remuneration, social security and pensions62€69k€196▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€312▼
Other operating charges640/8€3k€3k▲
Gross operating margin9900€138k€23k▼
Operating profit (loss)9901€62k€20k▼
Financial income75/76B€6k€6k▲
Recurring financial income75€6k€6k▲
Financial charges65/66B€729€525▼
Recurring financial charges65€449€525▲
Non-recurring financial charges66B€280-
Profit (loss) for the period before taxes9903€67k€25k▼
Income taxes67/77€23k€9k▼
Profit (loss) for the period9904€44k€16k▼
Profit (loss) for the period to be appropriated9905€44k€16k▼
Appropriation of the result
Profit (loss) to be appropriated9906€51k€24k▼
Profit (loss) brought forward from the previous period14P€7k€7k▲
Transfer to equity691/2€44k€16k▼
To other reserves6921€44k€16k▼
The notes to these accounts (8 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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Liquidity quadruplescurrent ratio 27.01
Current ratio from 6.30 to 27.01; short-term debt falls from €39k to €9k.
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Equity above €200kEq €215k ▲25.6%
6 profitable years in a row build equity to €215k.
19-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 19 days late
2023
31-12
Financial
Highest result since 2018net €59k ▲35.4%
Operating result €85k, net result €59k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 7.30
Current ratio from 3.55 to 7.30; short-term debt falls from €37k to €25k.
31-12
Financial
Equity above €150kEq €171k ▲52.7%
5 profitable years in a row build equity to €171k.
26-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Equity above €100kEq €112k ▲63.7%
4 profitable years in a row build equity to €112k.
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Liquidity triplescurrent ratio 1.83
Current ratio from 0.71 to 1.83; short-term debt falls from €73k to €26k.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Back to profitnet €39k
Net result €39k after one loss-making year.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
25-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
09-08
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 9 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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, Fleurus
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.
Rue du Baty(WB) 1086224 FleurusGround area
730 m²
Building footprint
139 m²
Parcel 52071C0437/00Y002, Wallonia. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52071C0437/00Y002 | Wallonia | 730 m² | 1 · 139 m² | - |
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.
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JVDW
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CALOFA
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LYNEN
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Of 21,896 companies in sector 56112 we hold annual accounts for 9,785. 6,352 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded28-06-1991
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
55302
Sources
Crossroads Bank for EnterprisesNational Bank · 33 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.