BULTERYS
ActiveSummary
BULTERYS has been active since 1972 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.0m and a net result of €758,570. Equity has been growing by about 12% per year since 2018. Its solvency ranks better than 79% of 6,172 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 15-12-1972 Normal situation
- Registered office
- 18 active companies are registered at this address Source: KBO register, as of 3 November 2026.
- Activity
- Wholesale of electrical equipment, including installation materials NACE 46643and 2 others
- Joint committee
- 303 Paritair Comité voor het filmbedrijf · annual accounts 2022
- Establishment unit
- 2.102.115.506 1030 Schaarbeek, since 01-12-1972
- Financial year end
- 31 December
- Peppol
- Reachable since 26-11-2025
Board and ownership
Board
- D.U.B.Director · since 17-02-2023
Shareholders
- D.U.B.100%· score 952025 annual accounts of D.U.B.
- Holdings
- Shares in 1 company TACTIC
Financial position
- Bankruptcy probabilitywithin 12 months
- < 0.1%
Annual accounts 2025
- Gross margin
- €2.7m
- ▲ 22.9%
- Turnover
- ≈ €11.0m
- estimated
- Profit
- €758,570
- ▲ 47.3%
- Equity
- €3.0m
- ▼ 19.7%
- Total assets
- €4.1m
- ▼ 11.4%
- Employees on 31-12-2025
- 11
- ▲ 22.2%
Score breakdownlowers riskFounded in 1972Size: 9.3 FTE, total assets €4.1mProfit of €758,570 (financial year 2025)Equity €3.0m (73.1% of total assets)Show the evidence
Checked score
Score 2025
95
/ 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 62% of micro companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency
98-2
equity 73.1% of total assets
Liquidity
60-21
short-term debt 12.0% · cash 9.3%
Profitability
92+9
return on assets 18.3%
Bankruptcy probability within 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%
01-2025: 0.1%● unchanged vs 12-2024
02-2025: 0.1%● unchanged vs 01-2025
03-2025: < 0.1%▼ -0.1 percentage points vs 02-2025lowest value
04-2025: < 0.1%● unchanged vs 03-2025
05-2025: < 0.1%● unchanged vs 04-2025
06-2025: < 0.1%● unchanged vs 05-2025
07-2025: < 0.1%● unchanged vs 06-2025
08-2025: < 0.1%● unchanged vs 07-2025
09-2025: < 0.1%● unchanged vs 08-2025
10-2025: 0.1%▲ +0.1 percentage points vs 09-2025highest value
11-2025: < 0.1%▼ -0.1 percentage points vs 10-2025
12-2025: < 0.1%● unchanged vs 11-2025
01-2026: < 0.1%● unchanged vs 12-2025
02-2026: < 0.1%● unchanged vs 01-2026
03-2026: < 0.1%● unchanged vs 02-2026
04-2026: < 0.1%● unchanged vs 03-2026
05-2026: < 0.1%● unchanged vs 04-2026
06-2026: < 0.1%● unchanged vs 05-2026
07-2026: < 0.1%● unchanged vs 06-2026
08-2026: < 0.1%● unchanged vs 07-2026
09-2026: < 0.1%● unchanged vs 08-2026
10-2026: < 0.1%● unchanged vs 09-2026
11-2026: < 0.1%● unchanged vs 10-2026
Credit of up to €280,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 3.01 (3.76 in 2024), above the usual 1.5. Short-term debt is 12% and cash 9.3% of total assets. 26.9% of the assets are financed with debt and provisions.
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, micro). It does better than 78% of them on solvency, 67% on liquidity, 86% on profitability and 19% on growth.
The bankruptcy probability was computed on 02-11-2026 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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Signals
Five signals.
lowers riskneutral
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 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 days early
2024
60 days late
2023
1 day late
2022
22 days late
2021
30 days late
2020
13 days late
2019
77 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 28 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)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 22 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
03-11-2026 today31-12-2026 year end31-07-2027 deadline
Key points
Recent changes
- · Gazette deed Permanent representatives: Gil Delvenne and Steve Collie
- · Gazette deed Permanent representative: Steve Collie
- · Gazette deed Reappointment: D.U.B. (sole director)Permanent representatives: Gil DELVENNE and Terry BULTERYS · Resignations: Gil DELVENNE (director) and Terry BULTERYS (director)
Companies linked to BULTERYS
Comparable companies
These companies have the same main activity as BULTERYS: wholesale of electrical equipment, including installation materials (NACE 46643). They are comparable in size and age: total assets between €3.6m and €6.1m, founded between 1968 and 1980.
| Company | Total assets | Gross margin |
|---|---|---|
| BULTERYS Schaarbeek | €4.1m | €2.7m |
| WALTER BENELUX Zaventem | €3.6m | €3.0m |
| René Siplet Wavre | €3.6m | €1.9m |
| SOPER Rotselaar | €5.8m | €1.7m |
| Metalas Antwerpen | €6.1m | €2.1m |
| PFERD TOOLS Benelux Vilvoorde | €4.8m | €2.4m |
| Genten Amel | €4.9m | €2.3m |
Key facts about BULTERYS
- What is the company number of BULTERYS?
- The company number of BULTERYS is 0412.863.474. The VAT number is the same number with BE in front: BE 0412.863.474.
- Where is BULTERYS based?
- The registered office is at Generaal Wahislaan 16, 1030 Schaarbeek.Company details
- What does BULTERYS do?
- According to the KBO register, the main activity is wholesale of electrical equipment, including installation materials (NACE 46643).
- What is the legal form of BULTERYS?
- The legal form of BULTERYS is Public limited company (NV).
- When was BULTERYS founded?
- BULTERYS was founded on 15-12-1972.
- Is BULTERYS still active?
- Yes, BULTERYS is an active enterprise in the KBO register.
- How many employees does BULTERYS have?
- BULTERYS had an average of 9.3 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does BULTERYS fall under?
- In its 2022 annual accounts, BULTERYS states joint committee 303 (Paritair Comité voor het filmbedrijf).
- What is the turnover of BULTERYS?
- The turnover in financial year 2025 is ≈ €11.0m. This figure is estimated from the gross margin of €2.7m and 98 comparable companies (NACE 46). It probably lies between €6.8m and €19.0m.
- Is BULTERYS profitable?
- In financial year 2025, BULTERYS made a profit of €758,570.
- Where can I find the annual accounts of BULTERYS?
- BULTERYS filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BULTERYS due?
- BULTERYS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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