Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
BUP from Kortrijk, company number BE0438066846, closed financial year 2025 with a result of € 4,571 after tax. For that financial year BUP recorded a gross margin of € 34,094 and equity of € 158,709. Compared with financial year 2024, the result moved from € -15,902 to € 4,571. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 17, 2026.
€ 158,709
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 4,571
▲ still € 15,902 loss in 2024
Profit after tax over the fiscal year.
€ 26,047
▲ 6% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 60,791.
People and assets in 2025
€ 1,858
▼ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 156,568
▼ 9% vs 2024
€ 16,890 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 2,167
▲ 114% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 19,346
▼ 20% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 30,607 | € 12,619 | € 12,508 | € 34,094 | ▲ 173% |
| Profit after taxes | € 20 | € -17,796 | € -15,902 | € 4,571 | ▲ € 20,473 |
| Equity | € 187,837 | € 170,041 | € 154,138 | € 158,709 | ▲ 3% |
| Total debts | € 243,422 | € 223,976 | € 214,131 | € 195,694 | ▼ 9% |
| Cash | € 54,896 | € 34,451 | € 24,610 | € 26,047 | ▲ 6% |
| Land & buildings | € 269,935 | € 256,278 | € 241,784 | € 227,349 | ▼ 6% |
| Retained profit | € 89,919 | € 72,123 | € 56,220 | € 60,791 | ▲ 8% |
| Bank debt | € 202,418 | € 186,815 | € 171,841 | € 156,568 | ▼ 9% |
| Balance sheet total | € 431,259 | € 394,016 | € 368,270 | € 354,403 | ▼ 4% |
Key figures of BUP, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to BUP?
What happened at BUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Kristof Bultynck stepped down as director. NBB
- Tania De Clerck stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 4,571. filed late Source: NBB ↗
- Jonathan Bultynck - Declerck became a director. NBB
- Kristof Bultynck became a director. NBB
- Tania De Clerck became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 20 profit in 2022 to € 4,571 profit in 2025.
Best year ever: 2025, with € 4,571 profit.
Management
Behind BUP is Jonathan Bultynck - Declerck.
Directors
According to the 2025 annual accounts
Jonathan Bultynck - Declerck
Director
since 2026
Kristof Bultynck
Director
since 2007 · until 2027
Tania De Clerck
Director
since 2007 · until 2027
Establishments
Establishment units
Physical locations of this company
Burgemeester Margostraat(Aal) 8
8511 Kortrijk
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.066.846
- VAT number
- BE 0438.066.846
- Registered office
- Burgemeester Margostraat(Aal) 8, 8511 Kortrijk
- Names & denominations
- BUP
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 15 August 1989
- Peppol
- Active · Active since 5 Dec 2025
- Activities · NACE
Overige detailhandel in nieuwe artikelen neg
Markt- en straathandel in andere artikelen