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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 22 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BULLES from Gent, company number BE0478505057, closed financial year 2025 with a result of € -44,031 after tax. For that financial year BULLES recorded a gross margin of € 112,579 and equity of € 1.5 million. Compared with financial year 2024, the result moved from € -38,062 to € -44,031. 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 March 19, 2026.
€ 1.5 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -44,031
▼ 16 % more loss than in 2024
Profit after tax over the fiscal year.
€ 187,435
▲ 104% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.5 million.
People and assets in 2025
€ 1,079
▼ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 85
▼ 98% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 211,164 | € 106,700 | € 103,127 | € 112,579 | ▲ 9% |
| Profit after taxes | € 67,084 | € -39,550 | € -38,062 | € -44,031 | ▼ € 5,969 |
| Equity | € 1,655,095 | € 1,615,546 | € 1,577,483 | € 1,533,452 | ▼ 3% |
| Total debts | € 1,361,232 | € 1,360,001 | € 1,221,266 | € 1,216,536 | |
| Cash | € 61,648 | € 137,510 | € 91,755 | € 187,435 | ▲ 104% |
| Land & buildings | € 2,813,975 | € 2,689,905 | € 2,594,437 | € 2,467,248 | ▼ 5% |
| Retained profit | € -1,344,905 | € -1,384,454 | € -1,422,517 | € -1,466,548 | ▼ € 44,031 |
| Balance sheet total | € 3,016,328 | € 2,975,546 | € 2,798,749 | € 2,749,988 | ▼ 2% |
Key figures of BULLES, 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 BULLES?
What happened at BULLES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 44,031. Source: NBB ↗
- Jozef Locks became a director. NBB
- Viviane Borloo became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 67,084 profit in 2022 to € 44,031 loss in 2025.
Best year ever: 2022, with € 67,084 profit.
Management
Behind BULLES are Jozef Locks and Viviane Borloo.
Directors
According to the 2025 annual accounts
Jozef Locks
Bestuurder
since 2022
Viviane Borloo
Bestuurder
since 2022
Establishments
Establishment units
Physical locations of this company
Orchideestraat 98
9041 Gent
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
- 0478.505.057
- VAT number
- BE 0478.505.057
- Registered office
- Orchideestraat 98, 9041 Gent
- Names & denominations
- BULLES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 October 2002
- Peppol
- Active · Active since 24 Mar 2025
- Activities · NACE
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