BULL-TECH
ActiveBULL-TECH has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €56k and a net result of €-5k. Equity is growing by ~21.2% per year across the filed fiscal years. Its solvency ranks better than 80% of 27386 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-100
Solvency100=
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3k at 30 days acceptable
Liquidity ample (current ratio 2.41 against 2.73 in 2024), and 24.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
75.3%
Return on assets
-7%
Age of the figures
14 mo
neutral · A punctual record breaks
This company filed 7 consecutive financial years on time. The year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 16-02-2026, 16 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 8 filingsDeviation from the deadline
2025
16 d late
2024
on the day
2023
on the day
2022
on the day
2021
3 d early
2020
6 d early
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close14-09-2026 today31-01-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€56k▼ 8.6%
2024 · €62k
2019: €14k
2020: €16k
2021: €26k
2022: €38k
2023: €44k
2024: €62k
2019 → 2025
Total assets
€75k▼ 3.8%
2024 · €78k
2019: €44k
2020: €52k
2021: €75k
2022: €68k
2023: €58k
2024: €78k
2019 → 2025
Net result
€-5k
2024 · €19k
2019: €-705
2020: €2k
2021: €11k
2022: €12k
2023: €7k
2024: €19k
2019 → 2025
Working capital
€26k▼ 6.5%
2024 · €28k
2019: €17k
2020: €11k
2021: €-6k
2022: €-2k
2023: €7k
2024: €28k
2019 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€26k-€38k▲ 43.1%€44k▲ 15.3%€62k▲ 41.0%€56k▼ 8.6%
Operating result€17k-€18k▲ 2.8%€11k▼ 38.3%€29k▲ 165%€-2k
Net result€11k-€12k▲ 9.3%€7k▼ 45.9%€19k▲ 183%€-5k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €2k after €29k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €75k
Fixed assets
€30k▼ 10.3%
Current assets
€44k▲ 1.2%
Equity and liabilities €75k
Equity
€56k▼ 8.6%
Debt
€18k▲ 14.4%
The debt ratio rises from 20.8% to 24.7%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€1k▼
2024 · €33k
Cash flow
€-2k▼
2024 · €23k
Solvency
75.3%▼
2024 · 79.2%
Current ratio
2.41▼
2024 · 2.73
Quick ratio
2.41▼
2024 · 2.73
Debt / equity
0.33▲
2024 · 0.26
ROE
-9.4%▼
2024 · 30.4%
ROA
-7.0%▼
2024 · 24.1%
Interest coverage
0.42▼
2024 · 11.16
Debt
€18k▲
2024 · €16k
Debt ≤ 1 year
€18k▲
2024 · €16k
Income taxes
€497▼
2024 · €7k
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€78k€75k▼
Fixed assets21/28€34k€30k▼
Tangible fixed assets22/27€34k€30k▼
Land and buildings22€32k€29k▼
Plant, machinery and equipment23€69€3▼
Furniture and vehicles24€2k€836▼
Current assets29/58€44k€44k▲
Amounts receivable within one year40/41€28k€22k▼
Trade receivables40€28k€18k▼
Other amounts receivable41-€5k
Cash at bank and in hand54/58€11k€17k▲
Deferred charges and accrued income490/1€4k€5k▲
Equity and liabilities
Total equity and liabilities10/49€78k€75k▼
Equity10/15€62k€56k▼
Contributions10/11€12k€12k=
Reserves13€24k€24k=
Distributable reserves133€24k€24k=
Profit (loss) carried forward14€25k€20k▼
Amounts payable17/49€16k€18k▲
Amounts payable within one year42/48€16k€18k▲
Trade debts44€2k€2k▼
Suppliers440/4€2k€2k▼
Taxes, remuneration and social security45€13k€7k▼
Taxes450/3€13k€7k▼
Other amounts payable47/48€965€9k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€2k€3k▲
Gross operating margin9900€35k€4k▼
Operating profit (loss)9901€29k€-2k▼
Financial income75/76B-€210
Recurring financial income75-€210
Financial charges65/66B€3k€3k▼
Recurring financial charges65€3k€3k▼
Profit (loss) for the period before taxes9903€26k€-5k▼
Income taxes67/77€7k€497▼
Profit (loss) for the period9904€19k€-5k▼
Profit (loss) for the period to be appropriated9905€19k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€31k€20k▼
Profit (loss) brought forward from the previous period14P€13k€25k▲
Transfer to equity691/2€5k€0▼
To other reserves6921€5k€0▼
Profit to be distributed694/7€800€0▼
Return on contributions (dividend)694€800€0▼
The notes to these accounts (4 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
16-02
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 16 days late
2025
30-06
Financial
Weakest financial yearnet €-5k ▼128%
Net result drops to €-5k, the lowest in the series.
31-01
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-06
Financial
Highest result since 2019net €19k ▲183%
Operating result €29k, net result €19k, both a record.
31-01
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-01
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
28-01
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
25-01
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
30-06
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
29-01
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-01
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Spiere-Helkijn · 1 establishment unit since 2016
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.
Stationsstraat 538587 Spiere-HelkijnGround area
830 m²
Building footprint
102 m²
Volume, LiDAR
898 m³
Parcel 34015A0360/00L000, Flanders · tallest building 12.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
BULL-TECH
since 20162.257.798.922
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34015A0360/00L000 | Flanders | 830 m² | 1 · 102 m² | 12.3 m · 3 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
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Of 15,430 companies in sector 43990 we hold annual accounts for 7,352. 6,102 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-10-2016
Fiscal year end30-06
Activities, NACEBEL
43990Other specialised construction activities
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.