HULLEBUSCH
ActiveSummary
HULLEBUSCH has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €5.4m and a net result of €553,159. Equity has been growing by about 15% per year since 2018. Its solvency ranks better than 75% of 6,167 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
Source: KBO- Status
- Active since 01-01-1983 Normal situation
- Activity
- Wholesale trade NACE 46835and 5 others
- Joint committees
- 200 Aanvullend Paritair Comité voor de bedienden
- 124 Paritair Comité voor het bouwbedrijf · annual accounts 2025
- Establishment units
- 2.034.408.912 8850 Ardooie, since 21-11-1986
- 2.209.939.023 8850 Ardooie, since 12-06-2012and 3 others
- Financial year end
- 31 December
- Peppol
- Reachable since 11-12-2025
Board and ownership
- Auditor
- CALLENS VANDELANOTTE
- PMC GROEP99.75%2025 annual accounts of PMC GROEP
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €2.1m
- ▼ 18.7%
- Turnover
- ≈ €8.6m
- estimated
- Profit
- €553,159
- ▼ 54.1%
- Equity
- €5.4m
- ▲ 3.9%
- Total assets
- €7.9m
- ▲ 3.4%
- Employees on 31-12-2025
- 16
- ▲ 6.7%
Score breakdownlowers riskLiquidity: current ratio 3.13, cash €1.4mFounded in 1983Size: 15.9 FTE, total assets €7.9mEquity €5.4m (68.5% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, small). It does better than 78% of them on solvency, 78% on liquidity, 77% on profitability and 51% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 18 days after the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Appointment: Callens Vandelanotte (statutory auditor)Permanent representative: Jan Degryse
- · Gazette deed Resignations: Carine Popelier, PMC GROEP and HULLEBUSCH CharlotteReappointments: PMC GROEP, PJHB and 3 others · Permanent representatives: HULLEBUSCH Johan Geert Noël, HULLEBUSCH Pieter-Jan Stijn and HULLEBUSCH Maarten Han
- · Gazette deed Incorporation
Comparable companies
These companies have the same main activity as HULLEBUSCH: wholesale trade (NACE 46835). They are comparable in size and age: total assets between €4.2m and €16m, founded between 1960 and 1989.
| Company | Total assets | Gross margin |
|---|---|---|
| HULLEBUSCH Ardooie | €7.9m | €2.1m |
| Daldecor Vorst | €4.6m | €1.7m |
| LAMBRECHTS EN NICOLAERS Tongeren-Borgloon | €7.5m | €2.5m |
| Carimar Braine-l'Alleud | €4.2m | €2.5m |
| RI.PA. BELGIUM Laarne | €8.2m | - |
| Brachot Tiles & Landscaping Harelbeke | €16.5m | - |
| Algemeen Ceramiek Verkoop-Kantoor Kortrijk | €10.3m | - |
Key facts about HULLEBUSCH
- What is the company number of HULLEBUSCH?
- The company number of HULLEBUSCH is 0423.594.644. The VAT number is the same number with BE in front: BE 0423.594.644.
- Where is HULLEBUSCH based?
- The registered office is at Brugsebaan 4A, 8850 Ardooie.Company details
- What does HULLEBUSCH do?
- According to the KBO register, the main activity is wholesale trade (NACE 46835).
- What is the legal form of HULLEBUSCH?
- The legal form of HULLEBUSCH is Public limited company (NV).
- When was HULLEBUSCH founded?
- HULLEBUSCH was founded on 01-01-1983.
- Is HULLEBUSCH still active?
- Yes, HULLEBUSCH is an active enterprise in the KBO register.
- How many employees does HULLEBUSCH have?
- HULLEBUSCH had an average of 15.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does HULLEBUSCH fall under?
- In its 2025 annual accounts, HULLEBUSCH states joint committees 200 (Aanvullend Paritair Comité voor de bedienden) and 124 (Paritair Comité voor het bouwbedrijf).
- What is the turnover of HULLEBUSCH?
- The turnover in financial year 2025 is ≈ €8.6m. This figure is estimated from the gross margin of €2.1m and 98 comparable companies (NACE 46). It probably lies between €5.2m and €15.0m. In financial year 2023 turnover was €11.5m.
- Is HULLEBUSCH profitable?
- In financial year 2025, HULLEBUSCH made a profit of €553,159.
- Where can I find the annual accounts of HULLEBUSCH?
- HULLEBUSCH filed 42 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of HULLEBUSCH due?
- HULLEBUSCH must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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