ACTIVE

Bulinco

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Financial year 2025 · Closed on 31/12/2025

Net result101,3 k €-22,9 %over 1 year
Gross margin410,8 k €+1,9 %over 1 year
Equity2 M €+5,4 %over 1 year

Identity

Source · BCE/KBO

Bulinco is a Public limited company incorporated in 1990. Its main activity is: Rental and operating of own or leased real estate. Its registered office is in Middelkerke.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0442.809.453
Incorporation
05/12/1990
Legal form
Public limited company
Registered office
Snipgatstraat 6
8432 Middelkerke · FlandreSee on map
Contributed capital
1 000 000,00 €
Latest accounts
31/12/2025
Signals
ProfitableSolid equityLow riskPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 19 financial years

20252024202320222021
Income statement
Gross margin410,8 k €403,2 k €521,6 k €388,3 k €363 k €
EBITDA375,3 k €368,9 k €481,6 k €357,5 k €334,5 k €
Operating result261 k €252,9 k €363,1 k €241,5 k €222,4 k €
Net result101,3 k €131,4 k €203,9 k €141,8 k €167,1 k €
Balance sheet
Equity2 M €1,9 M €1,9 M €2,4 M €2,2 M €
Total assets3,6 M €3,5 M €3,7 M €3,6 M €3,5 M €
Cash35,1 k €93 k €550,9 k €264,3 k €600,8 k €
Debts1,6 M €1,6 M €1,7 M €1,1 M €1,2 M €

Valuation

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Frank BULCKE
Managing directorsince 31/01/2006Chairman of the board of directors23/02/2011 → 2019 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Thibault Bulcke
Mandate01/09/2019 → 2021 accounts
Anne Marie Dewachter
Managing director25/02/2011 → 2011 accounts
Anne-Marie DEWACHTER
Managing director23/02/2011 → 2012 accounts

Full financial information

Source · NBB
202520242023202220212020
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/01/202501/01/202401/10/202201/10/202101/10/202001/10/2019
Closing of the financial year31/12/202531/12/202431/12/202330/09/202230/09/202130/09/2020
Length of the financial year12 months12 months15 months12 months12 months12 months
Filing date03/07/202615/07/202509/07/202426/04/202321/03/202202/04/2021
General meeting26/06/202627/06/202528/06/202422/03/202325/02/202215/03/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202526/06/202603/07/2026DutchPDF
Micro model31/12/202427/06/202515/07/2025DutchPDF
Micro model31/12/202328/06/202409/07/2024DutchPDF
Micro model30/09/202222/03/202326/04/2023DutchPDF
Micro model30/09/202125/02/202221/03/2022DutchPDF
Micro model30/09/202015/03/202102/04/2021DutchPDF
Micro model30/09/201928/02/202027/03/2020DutchPDF
Micro model30/09/201822/02/201912/03/2019DutchPDF
Micro model30/09/201723/02/201820/03/2018DutchPDF
Abridged model30/09/201624/02/201728/02/2017DutchPDF
Abridged model30/09/201526/02/201604/03/2016DutchPDF
Abridged model30/09/201427/02/201502/03/2015DutchPDF
Abridged model30/09/201328/02/201413/03/2014DutchPDF
Abridged model30/09/201225/03/201324/04/2013DutchPDF
Abridged model30/09/201124/02/201228/03/2012DutchPDF
Abridged model30/09/201022/03/201131/03/2011DutchPDF
Abridged model30/09/200927/03/201029/03/2010DutchPDF
Abridged model30/09/200829/03/200930/03/2009DutchPDF
Abridged model30/09/200720/03/200831/03/2008DutchPDF
Abridged model30/09/200625/02/200729/03/2007DutchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

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.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 3 ended

Active mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Frank BULCKE
Managing directorsince 31/01/2006Chairman of the board of directors23/02/2011 → 2019 accountsended

Ended mandates

DirectorMandates in this companyPeriodOther mandatescurrentendedstruck offbankruptcies
Thibault Bulcke
Mandate01/09/2019 → 2021 accounts
Anne Marie Dewachter
Managing director25/02/2011 → 2011 accounts
Anne-Marie DEWACHTER
Managing director23/02/2011 → 2012 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Mandates04/10/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - MAATSCHAPPELIJKE ZETEL - DIVERSEN - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - BOEKJAAR
    PDF
  • Mandates17/10/2019
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares11/10/2016
    Kapitaalverhoging — inbreng in natura — statutenwijzigingen
    PDF
  • Mandates04/05/2016
    Herbenoemingen bestuurder en gedelegeerd bestuurder
    PDF
  • Registered office22/06/2015
    Verplaatsing maatschappelijke zetel : i
    PDF
  • Mandates13/05/2011
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/05/2008
    ONTSLAG EN KWIJTING BESTUURDER
    PDF
  • Mandates17/02/2006
    BENAMING - DOEL - KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - ONTSLAGEN - BENOEMINGEN
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts
Year
Identity
Incorporation
Name
Registered office
Annual accounts
Filings19 filings
Mandates
Frank Bulcke
Thibault Bulcke
Anne Marie Dewachter
Anne-Marie DEWACHTER
1990199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026
Bulinco
Snipgatstraat 6, 8432 LeffingeSnipgatstraat 6, 8430 Middelkerke
Managing directorChairman of the board of directors
Managing director
Managing director
CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE
Registered addressPeriodSource
Snipgatstraat 6, 8432 LeffingeCurrent
accounts 2025
Accounts 2025 · 2026-00263971
Snipgatstraat 6, 8430 Middelkerke
accounts 2023 → 2024
Accounts 2024 · 2025-00270492
Schippersstraat 23/5,01, 8400 Oostende
accounts 2022
Accounts 2022 · 2023-00066167

Company names

Source · NBB annual accounts, CBE
NamePeriodSource
BulincoCurrent
accounts 2007 → 2025
Accounts 2025 · 2026-00263971

Events

  1. 2025
    Annual accounts 2025101,3 k €↓
  2. 2024
    Annual accounts 2024131,4 k €↓
  3. 2023
    Annual accounts 2023203,9 k €↑
  4. 2022
    Annual accounts 2022141,8 k €↓
  5. 2021
    Annual accounts 2021167,1 k €↑
  6. 2020
    Annual accounts 2020102,8 k €↑
  7. 2019
    Annual accounts 2019-9,7 k €↓
  8. 2018
    Annual accounts 201899 k €↑
  9. 2017
    Annual accounts 2017-75,5 k €↓
  10. 2016
    Annual accounts 20169,2 k €↓
  11. 2015
    Annual accounts 201570,4 k €↑
  12. 2014
    Annual accounts 201410,7 k €↓
  13. 2013
    Annual accounts 201377,9 k €↓
  14. 2012
    Annual accounts 2012102,8 k €↑
  15. 2011
    Annual accounts 20111,3 k €↑
  16. 2010
    Annual accounts 20101,3 k €↓
  17. 2009
    Annual accounts 200914,8 k €↑
  18. 2008
    Annual accounts 20087,9 k €↑
  19. 2007
    Annual accounts 2007-39,5 k €
  20. 05/12/1990
    IncorporationPublic limited company