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Bully

Active
Private limited company·Bouwrijp maken van terreinen· 2 yrs active
Industrielaan 1 ·3730 Bilzen-Hoeselt, Belgium
KBO/BCE: BE 1004.577.332
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age2 yrs
Board1
Real estate1 parcel · 3,236 m²

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Bully is 2.9% (moderate). The 2025 annual accounts show equity of €16k and a net result of €-4k. Its solvency ranks better than 13% of 2873 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 2 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.9% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Signals

1 signal · with evidence
Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 13% of 2873 sector peers (2025).
View the sector comparison

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 01-06-2026, 60 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
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.
How we compute the deadline
The year end is derived from 2 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2025, that is 31-07-2026.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 01-06-2026 60 d early 2026-00130856
31-12-2024 31-07-2025 03-06-2025 58 d early 2025-00117986

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Young company
Founded in 2024, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€-4k
Working capital€-15k

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 01-06-2026 with the NBB · fiscal year 2025 · micro
€-10k€0€10k€20kOperating result 2024: €24k€24kNet result 2024: €18k€18kOperating result 2025: €2k€2kNet result 2025: €-4k€-4k20242025
Operating resultNet result
Sector comparison
Fiscal year 2025 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 8.1% 43.4%
better than 13% of 2873 sector peers
Net result €-4k €13k
better than 12% of 2872 sector peers
Equity €16k €44k
better than 24% of 2873 sector peers
Gross operating margin €26k €39k
better than 37% of 2870 sector peers
Staff costs €566 €30k
higher than 15% of 929 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
EBITDA
€24k
-16.6% 24-25
Net profit
€-4k
- 24-25
Cash flow
€18k
-19.0% 24-25
Total assets
€204k
+142.2% 24-25
Equity
€16k
-17.6% 24-25
Working capital
€-15k
- 24-25
Staff costs
€566
- 24-25
Income taxes
€5k
- 24-25
Dividends
€833
- 24-25
Debt
€187k
+191.9% 24-25
Debt ≤ 1y
€82k
+255.6% 24-25
Debt > 1y
€106k
+157.3% 24-25
Current ratio
0.82
-27.3% 24-25
Quick ratio
0.82
-27.3% 24-25
Solvency
8.1%
-66.0% 24-25
Debt / equity
11.38
+254.1% 24-25
ROE
-21.3%
- 24-25
ROA
-1.7%
- 24-25
Interest coverage
4.26
-88.2% 24-25
Figures by fiscal year
Fiscal year2025
Depositmicro
Revenue-
EBITDA€24k
Net profit€-4k
Cash flow€18k
Staff costs€566
Income taxes-
Dividends-
Total assets€204k
Equity€16k
Debt€187k
of which ≤ 1y€82k
of which > 1y€106k
Working capital€-15k
Employees (FTE)-
Ratios (computed)
2025
Current ratio0.82
Quick ratio0.82
Working capital ratio-7.2%
Solvency8.1%
Debt / equity11.38
Long-term debt ratio6.41
Interest coverage4.26
Gross margin-
Net margin-
ROA-1.7%
ROE-21.3%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€204k
Fixed assets 21/28€137k
Intangible fixed assets 21€1k
Tangible fixed assets 22/27€133k
Financial fixed assets 28€2k
Current assets 29/58€67k
Amounts receivable within one year 40/41€42k
Cash & bank 54/58€23k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€204k
Equity 10/15€16k
Contributions / capital 10/11€3k
Reserves 13€17k
Accumulated profits (losses) 14€-4k
Amounts payable 17/49€187k
Amounts payable after one year 17€106k
Amounts payable within one year 42/48€82k
Trade debts payable within one year 44€34k
Income statement
Gross operating margin 9900€26k
Operating result 9901€2k
Financial income 75€54
Financial charges 65€6k
Result before taxes 9903€-4k
Net result for the period 9904€-4k
Result to be appropriated 9905€-4k
You're seeing the latest fiscal year only. Unlock 1 prior year (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
25 / 100 Weak
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.

Directors

Directors & mandates

2 directors
Current directors & mandates
  • Giel Gerets
    Director
    State Gazette act 25034041 (11-03-2025)
    Current
    01-01-2025 → present
    3 events
    • 01-01-2025 Appointed· Director
    • 01-01-2025 Appointed· Daily management
    • 20-06-2024 Resigned· Director
Former directors (1)
  • Ine Bleukx
    Daily management
    State Gazette act 24114264 (30-07-2024)
    Former
    20-06-2024 → 31-12-2024
    4 events
    • 31-12-2024 Resigned· Director
    • 31-12-2024 Resigned· Daily management
    • 20-06-2024 Appointed· Daily management
    • 20-06-2024 Appointed· Non-statutory director
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Bouwrijp maken van terreinen(43120)
Legal form Private limited company(610)
Incorporation11-01-2024
StatusActive
Postal code3730

Structure & network

Locations & real estate

Registered office

on the map · from the address register
exact location from the address register On OpenStreetMap
5 companies at this address See who is registered here

Establishment units

1 location
Bully
Industrielaan 1, 3730 Bilzen-HoeseltAlgemene bouw van residentiële gebouwen
since 20242.354.160.603
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area3,236 m²
Buildings1
Building footprint1,132 m²
Volume (LiDAR)7,561 m³
Tallest building8.0 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

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.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
73032G0256/00K000 Flanders 3,236 m² 1 · 1,132 m² 8.0 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

3 acts
All acts · 3 updated 1 year ago
2025
11-03-2025 2 directors appointed, 2 resigning Director changes
  • Giel Gerets, Bestuurder
  • Giel Gerets, Dagelijks bestuur
  • Ine Bleukx, Bestuurder
  • Ine Bleukx, Dagelijks bestuur
2024
27-08-2024 Ine Bleukx appointed as non-statutory director Director changes
  • Ine Bleukx, Niet-statutair bestuurder
30-07-2024 1 director appointed, 1 resigning Director changes
  • Ine Bleukx, Dagelijks bestuur
  • Giel Gerets, Bestuurder

Analysis

Snowflake analysis

financial profile on 5 axes
Health25Profitability0Solvency12Growth32Stability82
30 / 100

Fragile profile, watch profitability in particular.

All 5 axes are computed from data Checked has read.

Health 25
Profitability 0
Solvency 12
Growth 32
Stability 82

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AI due-diligence brief

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Credit advice

verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 924 of the 8,411 companies in this sector. 749 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Bouwrijp maken van terreinen43120Bouwrijp maken van terreinen43120Overige gespecialiseerde bouwactiviteiten, neg43990Algemene bouw van residentiële gebouwen41001Algemene bouw van residentiële gebouwen41201Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Loodgieterswerk43221Sanitaire werkzaamheden43221Overige gespecialiseerde bouwactiviteiten, neg43990Overige gespecialiseerde bouwwerkzaamheden43999Overige persoonlijke diensten96099Overige persoonlijke diensten96999
Primary activity highlighted.
Names & trade names
Legal nameNL Bully
Registered office
Industrielaan 1 bus M2
3730 Bilzen-Hoeselt, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.