Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
BULTHEZ from Hotton, company number BE0445719156, closed financial year 2025 with a result of € -6,976 after tax. For that financial year BULTHEZ recorded a gross margin of € 54,771 and equity of € 251,056. Compared with financial year 2024, the result moved from € -7,406 to € -6,976. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 26, 2026.
€ 251,056
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,976
▲ 6 % less loss than in 2024
Profit after tax over the fiscal year.
€ 11,104
▼ 37% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 232,456.
People and assets in 2025
€ 9,822
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
€ 126,083
▼ 11% vs 2024
€ 13,671 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 150
▼ 99% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,716
▲ 169% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 83,173 | € 42,953 | € 33,697 | € 54,771 | ▲ 63% |
| Profit after taxes | € 48,091 | € 6,035 | € -7,406 | € -6,976 | ▲ € 429 |
| Equity | € 259,404 | € 265,439 | € 258,033 | € 251,056 | ▼ 3% |
| Total debts | € 33,496 | € 3,113 | € 184,204 | € 154,749 | ▼ 16% |
| Cash | € 114,262 | € 23,372 | € 17,558 | € 11,104 | ▼ 37% |
| Land & buildings | € 117,371 | € 162,694 | € 293,176 | € 269,256 | ▼ 8% |
| Retained profit | € 240,804 | € 246,839 | € 239,433 | € 232,456 | ▼ 3% |
| Dividend | € 12,143 | € 0 | € 0 | € 0 | |
| Bank debt | € 3,017 | € 2,830 | € 141,872 | € 126,083 | ▼ 11% |
| Balance sheet total | € 292,900 | € 268,552 | € 442,236 | € 405,805 | ▼ 8% |
Key figures of BULTHEZ, 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 BULTHEZ?
What happened at BULTHEZ in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,976. Source: NBB ↗
- New establishment in Hotton. KBO
- Start of the company according to the CBE. KBO
In short
From € 48,091 profit in 2022 to € 6,976 loss in 2025.
Paid € 18,093 in corporate taxes since 2022.
Best year ever: 2022, with € 48,091 profit.
Paid out € 12,143 in dividends to the owners in total.
Management
The stake of LUMAYETTE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BULTHEZBehind BULTHEZ is Lumayette. The shares are held by LUMAYETTE (100%).
Directors
According to the 2025 annual accounts
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Rue Lava,Fronville 3
6990 Hotton
Avenue de la Gare,Melreux 17
6990 Hotton
Active since 8 January 1992
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0445.719.156
- VAT number
- BE 0445.719.156
- Registered office
- Rue Lava,Fronville 3, 6990 Hotton
- Names & denominations
- BULTHEZ
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 25 November 1991
- Peppol
- Active · Active since 20 Nov 2020
- Activities · NACE
Kampeer- en caravanterreinen
Kampeerterreinen
Activiteiten van eetgelegenheden met volledige bediening
Cafés en bars
Restaurants van het traditionele type
Cafés
Eetgelegenheden met volledige bediening