Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
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Board fully replaced NBB
No director from three years ago is still active according to annual account 2025.
Financials
Financial year 2025
BULLINGER from Damme, company number BE0447341234, closed financial year 2025 with a result of € 228,122 after tax. For that financial year BULLINGER recorded a gross margin of € 230,976 and equity of € -200,237. Compared with financial year 2024, the result moved from € 322,514 to € 228,122. The company is profitable. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on April 29, 2026.
€ -200,237
▲ € 228,122 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 228,122
▼ 29% vs 2024
Profit after tax over the fiscal year.
€ 677
▲ 201% 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 € -4 million.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 874
▼ 36% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 171,167
▼ 40% vs 2024
Loans from banks and other lenders, long and short.
€ 6,037
▼ 95% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 308
▼ 4% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 3,652,237 | € 1,291,313 | € 347,510 | € 230,976 | ▼ 34% |
| Profit after taxes | € -78,491 | € 1,247,560 | € 322,514 | € 228,122 | ▼ 29% |
| Equity | € -1,998,432 | € -750,873 | € -428,359 | € -200,237 | ▲ € 228,122 |
| Total debts | € 2,248,768 | € 959,081 | € 431,882 | € 209,299 | ▼ 52% |
| Cash | € 13,530 | € 858 | € 225 | € 677 | ▲ 201% |
| Retained profit | € -5,802,041 | € -4,554,481 | € -4,231,967 | € -4,003,845 | ▲ € 228,122 |
| Bank debt | € 1,943,303 | € 635,989 | € 286,989 | € 171,167 | ▼ 40% |
| Balance sheet total | € 250,336 | € 208,208 | € 3,523 | € 9,062 | ▲ 157% |
Key figures of BULLINGER, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to BULLINGER?
What happened at BULLINGER in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 228,122 (▼ 29% vs 2024). Source: NBB ↗
- Marc Boone became a director. NBB
- Iceburg NV stepped down as director. NBB
- Iceburg NV became a director. NBB
- New establishment in Damme. KBO
- Start of the company according to the CBE. KBO
In short
From € 78,491 loss in 2022 to € 228,122 profit in 2025.
Paid € 22,052 in corporate taxes since 2022.
Best year ever: 2023, with € 1.2 million profit.
Management
The stake of P.M.B. comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BULLINGERBehind BULLINGER is Marc Boone. The shares are held by P.M.B. (10.2%).
Directors
According to the 2025 annual accounts
Marc Boone
Director
Also active at: BOONE MARC & DIRK, La Coopérative de Bullange, de l'Eifel et des Ardennes - Die Buellinger, Eifel und Ardenner Genonssen Schaft, P.M.B., Iceburg, North-Link Agencies, LB Constructie BV, MAKLADI
since 2026
Director · represented by Boone Marc
since 2020 · until 2026
Shareholders
10.2%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kruisstraat 17 box 2
8340 Damme
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0447.341.234
- VAT number
- BE 0447.341.234
- Registered office
- Kruisstraat 17 bus 2, 8340 Damme
- Names & denominations
- BULLINGER
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 6 May 1992
- Peppol
- Active · Active since 8 Jan 2026
- Activities · NACE
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