M. BULLEN
M. BULLEN is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €310k and a net result of €3k. Equity is growing by ~48.6% per year across the filed fiscal years. Its solvency ranks better than 75% of 1216 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €310k |
| Net result | €3k |
| Better than sector | 75% |
| Active | 5 yrs |
Strong profile, led by solvency.
Computed on 4 of 5 axes. Not measured: health. An unmeasured axis is not a zero: no data was read for it.
This is a financial institution (bank, insurer or financial holding). Our bankruptcy model is trained on ordinary trading and manufacturing companies; a bank balance sheet falls outside that scope. We therefore show no bankruptcy probability rather than a misleading figure.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 74.8% | 47.1% | |
| Net result | €3k | €43k | |
| Equity | €310k | €85k | |
| Gross operating margin | €32k | €70k | |
| Total assets | €415k | €211k |
Show 2 other metrics
| Fiscal year | 2025 |
|---|---|
| Deposit | micro |
| Revenue | n/a |
| EBITDA | n/a |
| Net profit | €3k |
| Cash flow | n/a |
| Staff costs | - |
| Income taxes | €3k |
| Dividends | - |
| Total assets | €415k |
| Equity | €310k |
| Debt | €48k |
| of which ≤ 1y | €23k |
| of which > 1y | €25k |
| Working capital | n/a |
| Employees (FTE) | - |
| 2025 | |
|---|---|
| Current ratio | n/a |
| Quick ratio | n/a |
| Working capital ratio | n/a |
| Solvency | 74.8% |
| Debt / equity | n/a |
| Long-term debt ratio | n/a |
| Interest coverage | n/a |
| Gross margin | n/a |
| Net margin | n/a |
| ROA | 0.6% |
| ROE | 0.8% |
| EBITDA margin | n/a |
| Days sales outstanding | n/a |
| Days payable outstanding | n/a |
| Inventory turnover | n/a |
| Days inventory (DSI) | n/a |
Full annual accounts (25 line items)
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €415k |
| Fixed assets | 21/28 | €152k |
| Formation expenses | 20 | €9 |
| Tangible fixed assets | 22/27 | €52k |
| Financial fixed assets | 28 | €100k |
| Current assets | 29/58 | €263k |
| Amounts receivable within one year | 40/41 | €47k |
| Cash & bank | 54/58 | €215k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €415k |
| Equity | 10/15 | €310k |
| Contributions / capital | 10/11 | €15k |
| Reserves | 13 | €295k |
| Provisions & deferred taxes | 16 | €56k |
| Amounts payable | 17/49 | €48k |
| Amounts payable after one year | 17 | €25k |
| Amounts payable within one year | 42/48 | €23k |
| Trade debts payable within one year | 44 | €3k |
| Income statement | ||
| Gross operating margin | 9900 | €32k |
| Operating result | 9901 | €6k |
| Financial income | 75 | €76 |
| Financial charges | 65 | €1k |
| Result before taxes | 9903 | €5k |
| Income taxes | 67/77 | €3k |
| Net result for the period | 9904 | €3k |
| Result to be appropriated | 9905 | €6k |
| NACE primary | Activiteiten van holdings(64210) |
| Legal form | Private limited company(610) |
| Incorporation | 15-10-2020 |
| Status | Active |
| Postal code | 3990 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72010D0278/00C004 | Flanders | 2.0 ha | 1 · 2,407 m² | 36.8 m · 2 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
24-09-2024 Registered office moved from Oudsbergen to Peer
- Kolisstraat 7- 3670 Oudsbergen → Bedrijfsstraat 15 te 3990 Peer
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Bedrijfsstraat 15 te 3990 Peer",
"city": "Peer",
"region": "vlaams_gewest",
"street": "Bedrijfsstraat",
"country": "BE",
"postcode": "3990",
"box_number": null,
"street_number": "15",
"locality_suffix": null
},
"old_address": {
"raw": "Kolisstraat 7- 3670 Oudsbergen",
"city": "Oudsbergen",
"region": "vlaams_gewest",
"street": "Kolisstraat",
"country": "BE",
"postcode": "3670",
"box_number": null,
"street_number": "7",
"locality_suffix": null
},
"effective_date": "2024-09-01",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": null,
"filing_date": "2024-09-01",
"act_kind_objet": "Wijziging zetel - volmacht"
},
"decision": {
"body": "enige_bestuurder",
"date": "2024-09-06",
"unanimous": true
},
"subject_company": {
"kbo": "0756.604.552",
"name_full": null,
"legal_form": "BV"
},
"publication_proxy": {
"kind": "org",
"org_kbo": "0451.657.041",
"org_name": "Moore Finance \u0026 Tax BV",
"person_name": null,
"org_rep_person_name": "Elien Baekelmans",
"person_role_at_subject": null
},
"co_filed_documents": [
"Uittreksel uit het verslag van de enige bestuurder dd. 06/09/2024"
]
}| Legal nameNL | M. BULLEN |