GUY BULTEEL
ActiveGUY BULTEEL has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €409k and a net result of €119k. Equity is growing by ~6% per year across the filed fiscal years. Its solvency ranks better than 48% of 16974 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
89
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability90▲+5
Solvency83=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 1.67 against 1.87 in 2024; short-term debt: 32.8% and cash: 54.4% of total assets), and 42.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
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
57.5%
Return on assets
16.7%
Age of the figures
9 mo
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
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 14-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2024
18 d late
2023
6 d early
2022
28 d early
2021
23 d early
2020
61 d late
2019
85 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
18-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€409k▲ 5.2%
2024 · €389k
2018: €206k
2019: €261k
2020: €338k
2021: €398k
2022: €364k
2023: €380k
2024: €389k
2018 → 2025
Total assets
€711k▲ 5.2%
2024 · €676k
2018: €545k
2019: €561k
2020: €625k
2021: €702k
2022: €750k
2023: €692k
2024: €676k
2018 → 2025
Net result
€119k▲ 33.3%
2024 · €89k
2018: €47k
2019: €55k
2020: €77k
2021: €80k
2022: €64k
2023: €91k
2024: €89k
2018 → 2025
Working capital
€157k▼ 2.3%
2024 · €160k
2018: €69k
2019: €116k
2020: €179k
2021: €226k
2022: €181k
2023: €157k
2024: €160k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€398k-€364k▼ 8.7%€380k▲ 4.3%€389k▲ 2.4%€409k▲ 5.2%
Operating result€122k-€121k▼ 0.9%€135k▲ 11.1%€128k▼ 4.6%€174k▲ 35.3%
Net result€80k-€64k▼ 20.6%€91k▲ 42.1%€89k▼ 1.5%€119k▲ 33.3%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 35% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €711k
Fixed assets
€321k▼ 2.8%
Current assets
€390k▲ 12.8%
Equity and liabilities €711k
Equity
€409k▲ 5.2%
Debt
€302k▲ 5.1%
The debt ratio stays at 42.5%.
Key figures and ratios
EBITDA
€202k▲
2024 · €155k
Cash flow
€147k▲
2024 · €116k
Solvency
57.5%=
2024 · 57.5%
Current ratio
1.67▼
2024 · 1.87
Quick ratio
1.67▼
2024 · 1.87
Debt / equity
0.74=
2024 · 0.74
ROE
29.1%▲
2024 · 23.0%
ROA
16.7%▲
2024 · 13.2%
Interest coverage
59.03▲
2024 · 33.32
Debt
€302k▲
2024 · €287k
Debt ≤ 1 year
€233k▲
2024 · €185k
Debt > 1 year
€66k▼
2024 · €100k
Income taxes
€54k▲
2024 · €38k
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€676k€711k▲
Fixed assets21/28€330k€321k▼
Tangible fixed assets22/27€330k€321k▼
Land and buildings22€305k€286k▼
Furniture and vehicles24€26k€35k▲
Current assets29/58€346k€390k▲
Amounts receivable within one year40/41€287€752▲
Trade receivables40€287€752▲
Current investments50/53€150k€0▼
Cash at bank and in hand54/58€192k€387k▲
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€676k€711k▲
Equity10/15€389k€409k▲
Contributions10/11€15k€15k=
Reserves13€282k€302k▲
Distributable reserves133€282k€302k▲
Profit (loss) carried forward14€92k€92k=
Amounts payable17/49€287k€302k▲
Amounts payable after more than one year17€100k€66k▼
Financial debts170/4€100k€66k▼
Amounts payable within one year42/48€185k€233k▲
Current portion of amounts payable after more than one year42€31k€32k▲
Trade debts44€816€69▼
Suppliers440/4€816€69▼
Taxes, remuneration and social security45€70k€99k▲
Taxes450/3€70k€99k▲
Other amounts payable47/48€83k€102k▲
Accrued charges and deferred income492/3€2k€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€27k€28k▲
Other operating charges640/8€3k€3k▲
Gross operating margin9900€159k€205k▲
Operating profit (loss)9901€128k€174k▲
Financial income75/76B€3k€2k▼
Recurring financial income75€3k€2k▼
Financial charges65/66B€5k€3k▼
Recurring financial charges65€5k€3k▼
Profit (loss) for the period before taxes9903€127k€173k▲
Income taxes67/77€38k€54k▲
Profit (loss) for the period9904€89k€119k▲
Profit (loss) for the period to be appropriated9905€89k€119k▲
Appropriation of the result
Profit (loss) to be appropriated9906€206k€211k▲
Profit (loss) brought forward from the previous period14P€117k€92k▼
Transfer from equity791/2€55k€99k▲
Transfer to equity691/2€89k€119k▲
To other reserves6921€89k€119k▲
Profit to be distributed694/7€80k€99k▲
Return on contributions (dividend)694€80k€99k▲
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
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2018net €119k ▲33.3%
Operating result €174k, net result €119k, both a record.
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 18 days late
2024
25-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
24-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 85 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 58 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 59 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 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, Sint-Gillis-Waas · 1 establishment unit since 2012
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.
Kardinaal J.Cardijnstraat(SGW) 119170 Sint-Gillis-WaasGround area
540 m²
Building footprint
165 m²
Volume, LiDAR
735 m³
Parcel 46020C1049/00E003, Flanders · tallest building 9.1 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Kardinaal J.Cardijnstraat(SGW) 11, 9170 Sint-Gillis-Waas
since 20122.206.325.970
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46020C1049/00E003 | Flanders | 540 m² | 1 · 165 m² | 9.1 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
JESPERS CONSULTING
BE 0475.993.153
Rotselaar · Eq €409k
ARTICT
BE 0542.717.473
Bornem · Eq €409k
JM CONSULT
BE 0873.073.739
Nazareth · Eq €409k
Legile
BE 0737.870.189
Mechelen · Eq €409k
Codeminded
BE 0892.646.458
Aarschot · Eq €409k
Of 29,996 companies in sector 62200 we hold annual accounts for 18,390. 12,773 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded19-12-2011
Fiscal year end31-12
Activities, NACEBEL
62020IT consultancy
62200Computer consultancy and computer facilities management
47400Retail sale of information and communication equipment
47410Retail trade
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.