Active BE 0779.809.031Public limited company

Bulls-i

Veldkant 33 A ·2550 Kontich, Belgium· 4 yrs active

Sector: Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten (62200)

Conclusion Checked

The computed 12-month bankruptcy probability of Bulls-i is 0.4% (very low). The 2024 annual accounts show equity of €450k and a net result of €86k. Its solvency ranks better than 67% of 561 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Key figures

Equity	€450k
Net result	€86k
Staff (FTE)	8.9
Better than sector	67%

Snowflake analysis 5 of 5 axes measured · computed by Checked

78 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100

Profitability 66

Solvency 97

Growth 35

Stability 94

Bankruptcy probability (12 mo) Checked model v1 · free

0.4% Very low

0%0,5%1,5%4%10%≥25%

Lower-failure-rate sector −Young company +Lower-risk legal form −

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2022, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags 0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2024 · computed

100 / 100 Excellent

050100

Computed from 6 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

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Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview2 NBB filings

Annual accounts filed on 08-07-2025 with the NBB · fiscal year 2024 · verkort

RevenueOperating resultNet result

Sector comparison

Fiscal year 2024 · NACE 62, Computer programming & consultancy · compared within the same schema type (abbreviated schema)

Metric	This company	Sector median	Position in the sector
Solvency	54.7%	34.8%	better than 67% of 561 sector peers
Net result	€86k	€15k	better than 80% of 561 sector peers
Equity	€450k	€79k	better than 81% of 561 sector peers
Gross operating margin	€902k	€81k	better than 87% of 560 sector peers
Staff costs	€621k	€297k	higher than 72% of 287 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

Revenue

€1.83M

-46.9% 23-24

EBITDA

€202k

-56.4% 23-24

Net profit

€86k

-71.7% 23-24

Cash flow

€155k

-55.7% 23-24

Total assets

€821k

+4.8% 23-24

Equity

€450k

+23.5% 23-24

Working capital

€420k

+110.7% 23-24

Employees (FTE)

9

+39.1% 23-24

Staff costs

€621k

-30.2% 23-24

Income taxes

€36k

-65.7% 23-24

Debt

€371k

-11.4% 23-24

Debt ≤ 1y

€371k

-11.4% 23-24

Current ratio

2.13

+44.4% 23-24

Quick ratio

2.13

+44.4% 23-24

Solvency

54.7%

+17.8% 23-24

Debt / equity

0.83

-28.3% 23-24

ROE

19.0%

-77.1% 23-24

ROA

10.4%

-73.0% 23-24

Net margin

4.7%

-46.6% 23-24

EBITDA margin

11.1%

-18.0% 23-24

Interest coverage

13.06

-70.7% 23-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	verkort
Revenue	€1.83M
EBITDA	€202k
Net profit	€86k
Cash flow	€155k
Staff costs	€621k
Income taxes	€36k
Dividends	-
Total assets	€821k
Equity	€450k
Debt	€371k
of which ≤ 1y	€371k
of which > 1y	-
Working capital	€420k
Employees (FTE)	8.9

Ratios (computed)

	2024
Current ratio	2.13
Quick ratio	2.13
Working capital ratio	51.1%
Solvency	54.7%
Debt / equity	0.83
Long-term debt ratio	-
Interest coverage	13.06
Gross margin	48.1%
Net margin	4.7%
ROA	10.4%
ROE	19.0%
EBITDA margin	11.1%
Days sales outstanding	48d
Days payable outstanding	78d
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Assets

Fixed assets €30k · 3.7% Current assets €791k · 96.3%

Equity & liabilities

Equity €450k · 54.8% Provisions €451 · 0.1% Debt €371k · 45.2%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€821k
Fixed assets	21/28	€30k
Tangible fixed assets	22/27	€30k
Current assets	29/58	€791k
Amounts receivable within one year	40/41	€774k
Cash & bank	54/58	€8k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€821k
Equity	10/15	€450k
Contributions / capital	10/11	€62k
Reserves	13	€387k
Accumulated profits (losses)	14	€647
Provisions & deferred taxes	16	€451
Amounts payable	17/49	€371k
Amounts payable within one year	42/48	€371k
Trade debts payable within one year	44	€202k
Income statement
Turnover	70	€1.83M
Gross operating margin	9900	€902k
Operating result	9901	€133k
Financial income	75	€4k
Financial charges	65	€15k
Result before taxes	9903	€122k
Income taxes	67/77	€36k
Net result for the period	9904	€86k
Result to be appropriated	9905	€86k

You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates 2 directors

Former directors (2)

Divirsiti NVLegal entity
Director· perm. rep.: Divirsiti NV
State Gazette act 22043863 (05-04-2022)

Former
- → 17-02-2022
Josephus de Wit
Director
State Gazette act 22043863 (05-04-2022)

Former
- → 17-02-2022

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Legal Structure

NACE primary	Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten(62200)
Legal form	Public limited company(014)
Incorporation	06-01-2022
Status	Active
Postal code	2550

Establishment units 1 location

Bulls-i

Veldkant 33 A, 2550 KontichComputerconsultancy-activiteiten

since 20222.326.378.021

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11024B0079/00F000	Flanders	3,333 m²	1 · 932 m²	10.3 m · 3 fl.

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 3 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

08-07-2025

NBB filing Annual accounts filed

fiscal year 2024 · verkort

2024

26-08-2024

NBB filing Annual accounts filed

fiscal year 2023 · verkort

2022

05-04-2022

State Gazette act Director changes

Belgisch Staatsblad, acts 1 acts

All acts · 1 updated 4 years ago

2022

05-04-2022 4 resigning Director changes

Josephus de Wit, Bestuurder
Divirsiti NV, Bestuurder
Josephus de Wit, Bestuurder
Josephus de Wit, Gedelegeerd bestuurder

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

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Company registry (CBE) Crossroads Bank

Activities

Computerconsultancy-activiteiten62020Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten62200

Primary activity highlighted.

Names & trade names

Legal nameNL

Bulls-i

Registered office

Veldkant 33 A

2550 Kontich, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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