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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Tight liquidity NBB
Cash and receivables cover 24 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
BULK.ID from Waregem, company number BE0864533086, closed financial year 2025 with a result of € 707,849 after tax. For that financial year BULK.ID recorded revenue of € 9.7 million and equity of € 848,765. Compared with financial year 2024, the result moved from € 1.6 million to € 707,849. The company is profitable. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 19, 2025.
€ 848,765
▲ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 707,849
▼ 56% vs 2024
Profit after tax over the fiscal year.
€ 103,024
▲ 10% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 550,000 paid out
78 % of the profit went to the shareholders, mostly to BC OUDE KASSEI (100 % of the shares). That is where the money ends up.
People and assets in 2025
8.2
▲ 0.3 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 411,668
▼ 51% vs 2024
€ 50,200 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.
€ 316,921
▲ 47% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 251,213
▲ 64% vs 2024
€ 65,552 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 2.5 million
▼ 10% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 107 days on average.
€ 244,424
▲ 3% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | - | - | € 21,080,006 | € 9,707,276 | ▼ 54% |
| Gross margin | € 1,658,114 | € 2,429,295 | - | - | |
| Profit after taxes | € 748,867 | € 1,267,718 | € 1,609,750 | € 707,849 | ▼ 56% |
| Equity | € 413,448 | € 581,166 | € 690,916 | € 848,765 | ▲ 23% |
| Total debts | € 2,800,398 | € 5,599,882 | € 14,006,753 | € 9,224,989 | ▼ 34% |
| Cash | € 350,115 | € 89,844 | € 93,460 | € 103,024 | ▲ 10% |
| Retained profit | € 407,248 | € 574,966 | € 684,716 | € 842,565 | ▲ 23% |
| Dividend | € 700,000 | € 1,100,000 | € 1,500,000 | € 550,000 | ▼ 63% |
| Bank debt | € 35,518 | € 125,429 | € 153,503 | € 251,213 | ▲ 64% |
| Balance sheet total | € 3,213,846 | € 6,181,049 | € 14,697,669 | € 10,073,753 | ▼ 31% |
| Employees (FTE) | 6.5 | 7.2 | 7.9 | 8.2 | ▲ 0.3 |
Key figures of BULK.ID, 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 January 2027.
What happened to BULK.ID?
What happened at BULK.ID in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 707,849 (▼ 56% vs 2024). Source: NBB ↗
- F.M.T. BV became a director. NBB
- MADDENS CONSULTING BV became a director. NBB
- BC OUDE KASSEI BV became a director. NBB
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 748,867 profit in 2022 to € 707,849 profit in 2025.
Paid € 1.4 million in corporate taxes since 2022.
Best year ever: 2024, with € 1.6 million profit.
On average € 337,400 of value added per employee in 2023.
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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
The stake of BC OUDE KASSEI comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BULK.IDBehind BULK.ID are F.M.T. BV, MADDENS CONSULTING BV and BC OUDE KASSEI BV. The shares are held by BC OUDE KASSEI (100%).
Directors
According to the 2025 annual accounts
Director · represented by Boels FILIP
Also active at: Motogroup, KELLER LUFTTECHNIK BENELUX, BC OUDE KASSEI, HAFIBO, LYBOTECH
since 2025
since 2025
Managing director · represented by Boels HANS
Also active at: Motogroup, KELLER LUFTTECHNIK BENELUX, HAFIBO, LYBOTECH
since 2009
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Oude Kassei 16
8791 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0864.533.086
- VAT number
- BE 0864.533.086
- Registered office
- Oude Kassei 16, 8791 Waregem
- Names & denominations
- BULK.ID
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 5 April 2004
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- lybover.be [email protected] 056715385
- Activities · NACE
Handelsbemiddeling in de groothandel in machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen
Handelsbemiddeling in machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen
Handelsbemiddeling in de groothandel in andere specifieke goederen
Groothandel in gereedschapswerktuigen
Installatie van industriële machines, toestellen en werktuigen
Overige zakelijke dienstverlening, neg