Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 5.2 to 0.4.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2025
BULGO from Antwerpen, company number BE0742588943, closed financial year 2025 with a result of € 233,675 after tax. For that financial year BULGO recorded a gross margin of € 424,121 and equity of € 556,832. Compared with financial year 2024, the result moved from € 47,070 to € 233,675. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on October 30, 2025.
€ 556,832
▲ 72% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 233,675
▲ € 186,605 vs 2024
Profit after tax over the fiscal year.
€ 14,154
▼ 36% 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 € 536,832.
People and assets in 2025
0.4
▼ 4.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 48,795
▼ 75% 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.
€ 1,192
▼ 87% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 6,389
Loans from banks and other lenders, long and short.
€ 602,134
▲ 1% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 108,121
▲ 60% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 115,727 | € 316,914 | € 299,141 | € 424,121 | ▲ 42% |
| Profit after taxes | € 86,471 | € 77,657 | € 47,070 | € 233,675 | ▲ € 186,605 |
| Equity | € 188,431 | € 276,088 | € 323,158 | € 556,832 | ▲ 72% |
| Total debts | € 587,175 | € 620,943 | € 663,122 | € 717,624 | ▲ 8% |
| Cash | € 48,381 | € 8,542 | € 22,248 | € 14,154 | ▼ 36% |
| Retained profit | € 178,431 | € 256,088 | € 303,158 | € 536,832 | ▲ 77% |
| Bank debt | € 50,000 | € 0 | € 0 | € 6,389 | |
| Balance sheet total | € 775,606 | € 897,030 | € 986,280 | € 1,274,457 | ▲ 29% |
| Employees (FTE) | 3.2 | 5.2 | 4.7 | 0.4 | ▼ 4.3 |
Key figures of BULGO, 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 October 2026.
What happened to BULGO?
What happened at BULGO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
BULGO is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2025: profit of € 233,675 (▲ € 186,605 vs 2024). Source: NBB ↗
- New establishment in Mouscron. KBO
- Start of the company according to the CBE. KBO
In short
From € 86,471 profit in 2022 to € 233,675 profit in 2025.
Paid € 174,601 in corporate taxes since 2022.
Best year ever: 2025, with € 233,675 profit.
On average € 63,600 of value added per employee in 2024.
A new publication or filing at BULGO? We notify you, reason included.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Behind BULGO are Ashraf Nadjim and Denitsa Voyvodska.
Directors
According to the 2025 annual accounts
Ashraf Nadjim
Director
Denitsa Voyvodska
Director
Establishments
Establishment units
Physical locations of this company
Congobootstraat 20
2660 Antwerpen
Geallieerdenlaan(L) 276D
7700 Mouscron
Active since 15 November 2024
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.
Website
Technologies
Hosting & Email
Email provider
Self-hosted
Hosting
STRATO STRATO AG, DE
Website info
Features
Security
Network
Details
- Company number
- 0742.588.943
- VAT number
- BE 0742.588.943
- Registered office
- Congobootstraat 20, 2660 Antwerpen
- Names & denominations
- BULGO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Opening faillissement
- Start date
- 28 January 2020
- Peppol
- Active · Active since 30 Dec 2025
- Contact
- bedofood.be
- Activities · NACE
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