Equity
€4.9m from €12.2m in 2009
Equity fell by 60% in 16 years.
BULO
Lifetime
16 annual accounts with figures on one time axis, 28 filings since 1998peak €30.9m (2008)
€12.3m▼ 24.0%
lowest -€4.0m (2014)
-€1.0m▼ €1.0m
peak €12.2m (2009)
€4.9m▼ 17.1%
€4.5m▼ 12.9%
peak 57.3 FTE (2007)
28.1 FTE▼ 5.1%
Board8 names since 2015
2 directors and 1 other
Owners5 names in the annual accounts
99.97% and 2 others
Documentsfilings and deeds
27-08-202627 days late
2025financial year
Turnover from €16.2m to €12.3mLoss of €1.0mAppointment: (statutory auditor) 03-07Equity from €5.9m to €4.9m
Key points
from the 2025 annual accountsResult
-€1.0m -€1.0m
From profit to loss in 2025, after a profit of €27,893 in 2024.
Staff
28.1 FTE from 57.3 in 2007
Between 2007 and 2025, 51% of the full-time equivalents disappeared.
Payment terms
59 days to suppliers
BULO pays its suppliers 10 days earlier than in 2024. Customers pay 22 days later.
At the same address
25 companies
Position in the sector
-€1.0m
Lower net result than 95% of companies in wholesale trade. Sector median €110,264 · 6,126 companies.
2025 accounts filed 27 days after the deadline
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 929 companies had the same profile as BULO has now. Each dot stands for 3 companies, two years later.
90.1%
were still trading
8.8%
stopped another way
1.1%
went bankrupt
Test of the method
The method was tested on the 497,448 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 929 companies, not a prediction for BULO. 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
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Board and ownership
Director, since 31-07-2015
Director, since 15-11-2017
Auditor,
- 99.97%score equity €13.4m (2025) · annual accounts 2025
- annual accounts 2025
- equity €31.0m (2025) · annual accounts 2025
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0459905605
Appointment: (statutory auditor)
General meeting of 08-04-2025 · Gazette deed
Reappointment: (director)
General meeting of 04-07-2023 · Gazette deed
Resignation: (director)
Director discharge: (director (not named in the articles)) · General meeting of 25-01-2023 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| BULO Mechelen | €12.3m | -7.4% | 52.5% | 28.1 |
| Infor (Belgium) Antwerp | €13.0m | 4.1% | 8.6% | 27.1 |
| Monni Solutions Zaventem | €8.9m | 8.7% | 53.6% | 32.4 |
| INOFEC Tielt | €11.2m | 4.2% | 54.5% | 27.6 |
| KINNARPS (BELGIUM) Wemmel | €14.2m | 4.4% | 82.5% | 37.4 |
| AHREND Zaventem | €11.2m | 3.8% | 74.5% | 25 |
| Pricewaterhouse Coopers Technology Consulting Belgium Machelen (Brab.) | €8.6m | 0.1% | 64.8% | 28.9 |
Grey: the largest companies of the sector (wholesale trade (NACE 46)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as BULO: wholesale of information and communication equipment (NACE 46500). They are comparable in size and age: total assets between €7.2m and €14m, founded between 1989 and 2002.
Official details
Source: KBO- Status
- Active since 28-01-1997Normal situation
- Registered office
- 26 active companies are registered at this address1 started in the 12 months before. Source: KBO register, as of 11 November 2026.
- Activity
- Wholesale of information and communication equipmentNACE 46500and 1 other
- Joint committee
- 126Furnishing and woodworking · annual accounts 2025
- Establishment units
- 2.080.744.1292800 Mechelen, since 11-04-1997
- 2.181.241.4731050 Ixelles, since 01-12-2009and 1 other
- Financial year end
- 31 December
- Peppol
- Reachable since 28-08-2025
Annual accounts 2025
- €9.4m▼ 15.2%
- Employeeson 31-12-2025
- 29▼ 9.4%
- Filing
- Filed on 27-08-2026
Insights on BULO
BULO has existed since 1997. Turnover fell from €28.2m in 2007 to €12.3m in 2025 and staff from 57.3 to 28.1 full-time equivalents.
holds all the shares.
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 BULO
- What is the company number of BULO?
- The company number of BULO is 0459.905.605. The VAT number is the same number with BE in front: BE 0459.905.605.
- Where is BULO based?
- The registered office is at Blarenberglaan 6, 2800 Mechelen.Company details
- What does BULO do?
- According to the KBO register, the main activity is wholesale of information and communication equipment (NACE 46500).
- What is the legal form of BULO?
- BULO is a public limited company (NV).
- When was BULO founded?
- BULO was founded on 28-01-1997.
- Is BULO still active?
- Yes, BULO is an active enterprise in the KBO register.
- How many employees does BULO have?
- BULO had an average of 28.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does BULO fall under?
- In its 2025 annual accounts, BULO states joint committee 126 (Furnishing and woodworking).
- What is the turnover of BULO?
- The turnover of BULO was €12.3m in financial year 2025, according to the filed annual accounts.
- Is BULO profitable?
- In financial year 2025, BULO made a loss of €1.0m.
- Where can I find the annual accounts of BULO?
- BULO filed 30 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BULO due?
- BULO must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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