BULMAC
0434.809.527 · rovalta.com · 22/09/2026
ACTIVE
BULMAC
Financial year 2025 · closed on 31/12/2025
Net result
-43,7 k €
+41.7% YoY
Gross margin
37,4 k €
-4.7% YoY
Equity
-244,3 k €
-25.8% YoY
Workforce
1,0 ETP
0.0% YoY
Overview
What does BULMAC do?
BULMAC is a Public limited company incorporated in 1988. Its main activity is: Freight transport by road. Its registered office is in Veurne. It employs on average 1,0 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0434.809.527
Incorporation
12/07/1988
Legal form
Public limited company
Registered office
Welvaartstraat 7
8630 Veurne · FlandreSee on map
8630 Veurne · FlandreSee on map
Contributed capital
62 000,00 €
Latest accounts
31/12/2025
Average workforce
1,0 ETP
Activities (NACE)
Joint committees (2)
- 14003
- 22600
Signals
Healthy social debts
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Financials
Trend over 18 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | ||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||
| Gross margin | 37,4 k € | -4.7% | 39,2 k € | +48.4% | 26,4 k € | -10.4% | 29,5 k € | -87.8% | 242,6 k € | +1707% | 13,4 k € | -30.4% | 19,3 k € | – | – | – | – | – | – | – | 169,9 k € | +243% | 49,5 k € | +465% | 8,8 k € | -84.3% | 55,9 k € | ||||||||
| EBITDA | -25,5 k € | -51.3% | -16,8 k € | +42.1% | -29,1 k € | -319% | -6,9 k € | -103% | 215 k € | +1662% | 12,2 k € | -29.1% | 17,2 k € | +412% | 3,4 k € | -84.5% | 21,7 k € | -73.1% | 80,5 k € | +155% | 31,6 k € | -23.4% | 41,3 k € | +53.2% | 27 k € | +105% | -584,8 k € | -447% | 168,4 k € | +287% | 43,5 k € | -90.7% | 468 k € | +216% | -404,7 k € |
| Operating result | -33,5 k € | -33.7% | -25 k € | +32.5% | -37,1 k € | -148% | -14,9 k € | -107% | 209,6 k € | +1618% | 12,2 k € | -29.1% | 17,2 k € | +412% | 3,4 k € | -84.5% | 21,7 k € | -73.1% | 80,5 k € | +155% | 31,6 k € | -23.4% | 41,3 k € | +53.2% | 27 k € | -62.3% | 71,6 k € | -44.4% | 128,8 k € | +388% | -44,8 k € | +77.6% | -199,7 k € | +50.7% | -404,7 k € |
| Net result | -43,7 k € | +41.7% | -75 k € | -59.1% | -47,1 k € | -114% | -22 k € | -111% | 191,5 k € | +3647% | -5,4 k € | -1297% | -386,3 € | +97.3% | -14,2 k € | -438% | 4,2 k € | -69.9% | 13,9 k € | -2.9% | 14,3 k € | -48.1% | 27,6 k € | +206% | 9 k € | -83.1% | 53,4 k € | -48.4% | 103,4 k € | -1.8% | 105,3 k € | +139% | -273,1 k € | +24.4% | -361 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||
| Equity | -244,3 k € | -25.8% | -194,2 k € | -72.1% | -112,8 k € | -90.3% | -59,3 k € | -1.2% | -58,6 k € | +71.5% | -205,9 k € | -2.7% | -200,5 k € | -0.2% | -200,1 k € | -7.6% | -185,9 k € | +2.2% | -190,1 k € | +6.8% | -204 k € | +6.6% | -218,3 k € | +11.2% | -245,9 k € | +3.5% | -254,9 k € | +17.3% | -308,2 k € | +25.1% | -411,7 k € | +20.4% | -516,9 k € | -112% | -243,9 k € |
| Total assets | 40,3 k € | -48.1% | 77,7 k € | +7.7% | 72,2 k € | -66.9% | 218,3 k € | +7.0% | 203,9 k € | +348% | 45,5 k € | -11.9% | 51,6 k € | +0.7% | 51,3 k € | -22.6% | 66,3 k € | +2.8% | 64,5 k € | -3.7% | 66,9 k € | +56.5% | 42,8 k € | -26.7% | 58,3 k € | +157% | 22,7 k € | -92.8% | 313,6 k € | +3397% | 9 k € | -92.8% | 124,4 k € | -53.8% | 269,1 k € |
| Cash | 14,5 k € | -64.2% | 40,6 k € | -16.0% | 48,4 k € | -15.8% | 57,4 k € | -59.1% | 140,5 k € | +218% | 44,1 k € | -12.5% | 50,5 k € | +11.0% | 45,5 k € | +112% | 21,4 k € | -32.7% | 31,8 k € | +58.0% | 20,1 k € | -45.9% | 37,2 k € | -24.6% | 49,3 k € | +163% | 18,8 k € | +809% | 2,1 k € | -63.1% | 5,6 k € | -93.8% | 91 k € | -47.8% | 174,3 k € |
| Debts | 284,6 k € | +4.7% | 271,9 k € | +47.0% | 185 k € | -33.4% | 277,6 k € | +5.7% | 262,5 k € | +4.4% | 251,4 k € | -0.3% | 252,1 k € | +0.3% | 251,4 k € | -0.3% | 252,2 k € | -0.9% | 254,6 k € | -6.0% | 270,9 k € | +3.8% | 261,1 k € | -14.2% | 304,2 k € | +9.6% | 277,6 k € | -55.4% | 621,8 k € | +47.8% | 420,6 k € | -34.4% | 641,4 k € | +1111% | 53 k € |
| Other | |||||||||||||||||||||||||||||||||||
| Workforce | 1,0 ETP | 0.0% | 1,0 ETP | 0.0% | 1,0 ETP | -28.6% | 1,4 ETP | -53.3% | 3,0 ETP | -25.0% | 4,0 ETP | -13.0% | 4,6 ETP | +39.4% | 3,3 ETP | – | – | – | – | – | – | – | – | – | – | ||||||||||
Governance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 18 ended
Active mandates
Ended mandates
Financials
Annual accounts
Full financial information
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|---|
| Type of account | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model | Abridged model |
| Start of the financial year | 01/01/2025 | 01/01/2024 | 01/01/2023 | 01/01/2022 | 01/01/2021 | 01/01/2020 |
| Closing of the financial year | 31/12/2025 | 31/12/2024 | 31/12/2023 | 31/12/2022 | 31/12/2021 | 31/12/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 22/07/2026 | 24/07/2025 | 15/07/2024 | 14/07/2023 | 06/07/2022 | 08/07/2021 |
| General meeting | 30/06/2026 | 30/06/2025 | 03/06/2024 | 30/06/2023 | 07/06/2022 | 30/06/2021 |
| Currency of the financial year | EUR | EUR | EUR | EUR | EUR | EUR |
| NBB quality label | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls | Satisfying controls |
Ratios
Financial ratios
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Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 30/06/2026 | 22/07/2026 | Dutch | |
| Abridged model | 31/12/2024 | 30/06/2025 | 24/07/2025 | Dutch | |
| Abridged model | 31/12/2023 | 03/06/2024 | 15/07/2024 | Dutch | |
| Abridged model | 31/12/2022 | 30/06/2023 | 14/07/2023 | Dutch | |
| Abridged model | 31/12/2021 | 07/06/2022 | 06/07/2022 | Dutch | |
| Abridged model | 31/12/2020 | 30/06/2021 | 08/07/2021 | Dutch | |
| Abridged model | 31/12/2019 | 30/06/2020 | 08/07/2020 | Dutch | |
| Abridged model | 31/12/2018 | 28/06/2019 | 18/07/2019 | Dutch | |
| Abridged model | 31/12/2017 | 30/06/2018 | 24/07/2018 | Dutch | |
| Full model | 31/12/2016 | 06/06/2017 | 06/07/2017 | Dutch | |
| Full model | 31/12/2015 | 30/06/2016 | 15/07/2016 | Dutch | |
| Full model | 31/12/2014 | 15/06/2015 | 09/07/2015 | Dutch | |
| Full model | 31/12/2013 | 30/06/2014 | 10/07/2014 | Dutch | |
| Full model | 31/12/2012 | 03/06/2013 | 27/06/2013 | Dutch | |
| Full model | 31/12/2011 | 04/06/2012 | 04/07/2012 | Dutch | |
| Full model | 31/12/2010 | 06/06/2011 | 10/06/2011 | Dutch | |
| Abridged model | 31/12/2009 | 07/06/2010 | 01/07/2010 | Dutch | |
| Abridged model | 31/12/2008 | 02/06/2009 | 17/06/2009 | Dutch | |
| Abridged model | 31/12/2007 | 02/06/2008 | 05/06/2008 | Dutch | |
| Abridged model | 31/12/2006 | 04/06/2007 | 04/07/2007 | Dutch |
Valuation
Estimate
Indicative valuation
The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 3 active · 18 ended
Active mandates
Ended mandates
Shareholders
Ownership and network
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Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 2025-43,7 k €↑
- 2024Annual accounts 2024-75 k €↓
- 2023Annual accounts 2023-47,1 k €↓
- 2022Annual accounts 2022-22 k €↓
- 2021Annual accounts 2021191,5 k €↑
- 2018Annual accounts 2018-5,4 k €↓
- 2017Annual accounts 2017-386,3 €↑
- 2016Annual accounts 2016-14,2 k €↓
- 2015Annual accounts 20154,2 k €↓
- 2014Annual accounts 201413,9 k €↓
- 2013Annual accounts 201314,3 k €↓
- 2012Annual accounts 201227,6 k €↑
- 2011Annual accounts 20119 k €↓
- 2010Annual accounts 201053,4 k €↓
- 2009Annual accounts 2009103,4 k €↓
- 2008Annual accounts 2008105,3 k €↑
- 2007Annual accounts 2007-273,1 k €↑
- 2006Annual accounts 2006-361 k €
- 12/07/1988IncorporationPublic limited company