Financials
Financial year 2025
Bulteel from Oudenaarde, company number BE0698987641, closed financial year 2025 with a result of € -657 after tax. For that financial year Bulteel recorded a gross margin of € 267,884 and equity of € 207,885. Compared with financial year 2024, the result moved from € 35,508 to € -657. 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 July 7, 2026.
€ 207,885
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -657
▼ still € 35,508 profit in 2024
Profit after tax over the fiscal year.
€ 74,877
▼ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 189,285.
People and assets in 2025
€ 259,784
▼ 10% vs 2024
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
€ 3,376
Loans from banks and other lenders, long and short.
€ 84,471
▲ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 32,073
▼ 33% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 219,704 | € 300,864 | € 349,815 | € 267,884 | ▼ 23% |
| Profit after taxes | € 37,658 | € 47,600 | € 35,508 | € -657 | ▼ € 36,165 |
| Equity | € 125,435 | € 173,034 | € 208,542 | € 207,885 | |
| Total debts | € 180,510 | € 193,477 | € 164,526 | € 172,717 | ▲ 5% |
| Cash | € 50,078 | € 38,094 | € 95,986 | € 74,877 | ▼ 22% |
| Retained profit | € 106,835 | € 154,434 | € 189,942 | € 189,285 | |
| Bank debt | € 11,633 | € 3,385 | € 3,388 | € 3,376 | |
| Balance sheet total | € 305,944 | € 366,511 | € 373,068 | € 380,603 | ▲ 2% |
Key figures of Bulteel, 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 Bulteel?
What happened at Bulteel in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 657 (▼ € 36,165 vs 2024). Source: NBB ↗
- New establishment in Oudenaarde. KBO
- Reginald Bulteel became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 37,658 profit in 2022 to € 657 loss in 2025.
Paid € 55,555 in corporate taxes since 2022.
Best year ever: 2023, with € 47,600 profit.
Management
Behind Bulteel is Reginald Bulteel. Reginald Bulteel is also behind BULTEEL EN CO.
Directors
According to the 2025 annual accounts
since 2018
Establishments
Establishment units
Physical locations of this company
Lindestraat 49 box D
9700 Oudenaarde
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
- 0698.987.641
- VAT number
- BE 0698.987.641
- Registered office
- Lindestraat 49 bus D, 9700 Oudenaarde
- Names & denominations
- Bulteel
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 June 2018
- Peppol
- Active · Active since 29 Sept 2025
- Activities · NACE
Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit
Sanitaire werkzaamheden