Active · per the CBE, 29 October 2026

BULO

BE0459905605

Rechtspersoon Public limited company 3 establishments

BULO is a wholesaler in Mechelen. Public Limited, started on 28 January 1997, 3 establishments.

Blarenberglaan 6, 2800 Mechelen

Behind the company: Carlo Busschop, Louis Busschop.

Active for

29 year, 9 months

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

  • Busy address KBO

    19 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

BULO from Mechelen, company number BE0459905605, closed financial year 2025 with a result of € -1 million after tax. For that financial year BULO recorded revenue of € 12.3 million and equity of € 4.9 million. Compared with financial year 2024, the result moved from € 27,893 to € -1 million. 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 August 27, 2026.

What it is worth Healthy

€ 4.9 million

▼ 17% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Loss Caution

€ -1 million

▼ still € 27,893 profit in 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 942,498

▲ 18% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Caution

Loss, nothing to pay out

Reserves fell to € -2.6 million.

People and assets in 2025

Full-time equivalents

28.1

▼ 1.5 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 2.3 million

▼ 7% vs 2024

€ 82,800 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 150,367

▼ 15% vs 2024

Of which on lease € 95,320.

Debts at end 2025

Bank debt ≈ 3 years to go

€ 1.3 million

▲ 27% vs 2024

€ 77,716 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 1.9 million

▼ 25% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 59 days on average.

Taxes and wages

€ 363,518

▼ 21% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
2022202320242025Change 2024 → 2025
Revenue € 14,552,548 € 13,748,349 € 16,190,827 € 12,306,413 ▼ 24%
Profit after taxes € 648,957 € -148,701 € 27,893 € -1,015,570 ▼ € 1 million
Equity € 6,054,574 € 5,905,872 € 5,933,766 € 4,918,196 ▼ 17%
Total debts € 5,335,396 € 5,138,189 € 5,118,051 € 4,456,091 ▼ 13%
Cash € 489,319 € 368,103 € 801,900 € 942,498 ▲ 18%
Retained profit € -1,419,939 € -1,568,640 € -1,540,747 € -2,556,316 ▼ € 1 million
Bank debt € 1,449,199 € 1,307,305 € 1,045,205 € 1,323,084 ▲ 27%
Balance sheet total € 11,389,970 € 11,044,061 € 11,051,816 € 9,374,287 ▼ 15%
Employees (FTE) 33 28.3 29.6 28.1 ▼ 1.5

Key figures of BULO, 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 BULO?

What happened at BULO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

  • New annual accounts for financial year 2025: loss of € 1 million (▼ € 1 million vs 2024). filed late Source: NBB ↗
  • New establishment in Gent. KBO
  • Louis Busschop became a director. NBB
  • Carlo Busschop became a director. NBB
  • New establishment in Elsene. KBO
  • New establishment in Mechelen. KBO
  • Start of the company according to the CBE. KBO

In short

From € 648,957 profit in 2022 to € 1 million loss in 2025.

Paid € 12,316 in corporate taxes since 2022.

Best year ever: 2022, with € 648,957 profit.

Pays suppliers within 59 days on average.

Management

BULO
Bosq 96.9%

Behind BULO are Carlo Busschop and Louis Busschop. The shares are held by Dirk Busschop, INDESA and THE FURNITURE GROUP. It owns 96.9% of Bosq itself.

Directors

According to the 2025 annual accounts

Carlo Busschop

Director

Holds a stake via INDESA

Also active at: Bosq, O IMMO, INDESA, THE FURNITURE GROUP

since 2015

Louis Busschop

Director

Holds a stake via INDESA

Also active at: Bosq, INDESA, THE FURNITURE GROUP

since 2017

Shareholders

Dirk Busschop

INDESA · holding of Louis Busschop

Participations

Bosq

96.9%

Establishments

Establishment units

Physical locations of this company

Registered office

Blarenberglaan 6

2800 Mechelen

2.181.241.473

Waterloose Steenweg 442

1050 Elsene

Active since 1 December 2009

2.301.208.994

Schoonzichtstraat 33

9051 Gent

Active since 8 April 2020

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number
0459.905.605
VAT number
BE 0459.905.605
Registered office
Blarenberglaan 6, 2800 Mechelen
Names & denominations
BULO
Enterprise type
Rechtspersoon
Legal form
Public limited company
Legal situation
Normale toestand
Start date
28 January 1997
Peppol
Active · Active since 28 Aug 2025
Activities · NACE

Groothandel in informatie- en communicatieapparatuur

Groothandel in kantoor- en winkelmeubelen

Groothandel in overige kantoormachines en kantoorbenodigdheden

Groothandel in kantoormeubelen

Groothandel in andere kantoormachines en kantoorbenodigdheden, met uitzondering van computers en randapparatuur

Frequently asked questions

What does BULO do?
BULO is a wholesaler in Mechelen. Public Limited, started on 28 January 1997, 3 establishments.
What is the address of BULO?
The registered office of BULO is located at Blarenberglaan 6, 2800 Mechelen.
Is BULO still active?
Yes. According to the CBE (29 October 2026) BULO is active, legal situation “Normale toestand”, started on 28 January 1997.
Is BULO registered on Peppol?
Yes, BULO is registered on the Peppol network with ID 0208:0459905605.
What is the enterprise number of BULO?
The enterprise number of BULO is BE0459905605.
When was BULO founded?
BULO was founded on 28 January 1997.