Financials
- Financial year
- 2025
- Total assets
- €936,433
- Profit
- €103,297
- Solvency
- 50.6%
Total assets▼ 13.8%
Net result
20182025
BULTINO
ActiveSummary
BULTINO has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €474,218 and a net result of €103,297. Equity remains stable across the filed financial years (±1.3% per year). Its solvency ranks better than 58% of 9,320 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
General construction of other non-residential buildings
NACE 41003
1 site
Size
€936,433total assets 2025
- Equity
- €474,218
- Profit
- €103,297
Turnover not published (abbreviated or micro format)
Why 93raises riskSector: Construction of residential and non-residential buildings (NACE 41)lowers riskSize: total assets €936,433Figures for financial year 2025 (filed 30-07-2026)Founded in 2012Show the evidence
Checked score
Score 2025
93
/ 100
Excellent
Probability in this band: under 0.55%
Financially better than 61% of its sector peers (NACE 41, micro)
Financial strength · tick = 2024
Strong
Solvency
76+17
equity 50.6% of total assets
Liquidity
50+25
short-term debt 30.4% · cash 9.8%
Profitability
83+45
return on assets 11.0%
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
11-2024: 0.7%
12-2024: 0.7%● unchanged vs 11-2024
01-2025: 0.7%● unchanged vs 12-2024
02-2025: 0.7%● unchanged vs 01-2025
03-2025: 0.7%● unchanged vs 02-2025
04-2025: 0.8%▲ +0.1 percentage points vs 03-2025highest value
05-2025: 0.3%▼ -0.5 percentage points vs 04-2025
06-2025: 0.4%▲ +0.1 percentage points vs 05-2025
07-2025: 0.5%▲ +0.1 percentage points vs 06-2025
08-2025: 0.2%▼ -0.3 percentage points vs 07-2025
09-2025: 0.2%● unchanged vs 08-2025
10-2025: 0.2%● unchanged vs 09-2025
11-2025: 0.2%● unchanged vs 10-2025
12-2025: 0.2%● unchanged vs 11-2025
01-2026: 0.2%● unchanged vs 12-2025
02-2026: 0.2%● unchanged vs 01-2026
03-2026: 0.2%● unchanged vs 02-2026
04-2026: 0.3%▲ +0.1 percentage points vs 03-2026
05-2026: 0.3%● unchanged vs 04-2026
06-2026: 0.3%● unchanged vs 05-2026
07-2026: 0.4%▲ +0.1 percentage points vs 06-2026
08-2026: 0.1%▼ -0.3 percentage points vs 07-2026lowest value
09-2026: 0.1%● unchanged vs 08-2026lowest value
10-2026: 0.1%● unchanged vs 09-2026lowest value
Credit of up to €40,000 on 30-day terms is acceptable
Liquidity ample (current ratio 3.13, compared with 1.9 in 2024, above the usual 1.5; short-term debt: 30.4% and cash: 9.8% of total assets), and 49.4% of the assets are financed with debt and provisions.
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 41, micro): better than 59% on solvency, 49% on liquidity, 65% on profitability and 70% on growth.
The bankruptcy probability was computed on 27-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
Six signals.
lowers riskraises riskneutral
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €474,218
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 30-07-2026, 1 day ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
1 day early
2024
on the day
2023
30 days late
2022
on the day
2021
11 days early
2020
30 days late
2019
91 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 20 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% 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 31 July (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
27-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Highest result from 2018 to 2025net €103,297 ▲42,700%
- Annual accounts filedfinancial year 2024 · micro…
Key points
By topic
Board & ownership
- Board
- 2 members
- Gracy BulteelDirector
- Kelly BulteelDirector
Timeline
- Events
- 17
- Since
- 2014
- Next accounts
- by 31-07-2027
- 30-08-2024Annual accounts filed
- 31-07-2023Annual accounts filed
- 24-04-2023Reappointments: Gracy Bulteel (director) and Kelly Bulteel…
Company details
- Sites
- 1
- Legal form
- Private limited company
- Activity
- General construction of other non-residential buildingsNACE 41003
- Founded
- 02-07-2012
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
Articles of association
- Provisions read
- 8
- Annual meeting
- Fourth Saturday of June at 10:00
Key facts about BULTINO
- What is the company number of BULTINO?
- 0847.020.331. In Belgium the VAT number is the company number with BE in front: BE 0847.020.331.
- Where is BULTINO based?
- The registered office is at Mechelsesteenweg 135, 9200 Dendermonde.Company details
- What does BULTINO do?
- According to the KBO register, the main activity is general construction of other non-residential buildings (NACE 41003).
- What is the legal form of BULTINO?
- Private limited company (BV).
- When was BULTINO founded?
- On 02-07-2012.
- Is BULTINO still active?
- Yes, BULTINO is an active enterprise in the KBO register.
- How many employees does BULTINO have?
- On average 0.5 full-time equivalents in financial year 2022, according to the filed annual accounts.Financials
- What is the turnover of BULTINO?
- Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
- Is BULTINO profitable?
- In financial year 2025, BULTINO made a profit of €103,297.
- Where can I find the annual accounts of BULTINO?
- BULTINO filed 13 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of BULTINO due?
- By 31-07-2027, for financial year 2026.Timeline
Companies related to BULTINO
Comparable companies
- DEMOCONSTRUCTSint-Martens-Latem
- GDV BOUWPuurs-Sint-Amands
- PMC-CONSTRUCTAntwerpen
- Cleys J.Stekene
- C.L. CONSTRUCTWalcourt
Go further with this company
How much credit can you give this customer, and on what payment terms?Credit check What should you check before you do business with this company?Supplier due diligence Can you trust this company with building work?Contractor check Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What support did similar companies receive that this one did not?Subsidies
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.