BULLINGER
0447.341.234 · rovalta.com · 24/09/2026
ACTIVE
BULLINGER
Financial year 2025 · closed on 30/09/2025
Net result
228,1 k €
-29.3% YoY
Gross margin
231 k €
-33.5% YoY
Equity
-200,2 k €
+53.3% YoY
Workforce
0,0 ETP
Overview
What does BULLINGER do?
BULLINGER is a Public limited company incorporated in 1992. Its main activity is: Operation of dairies and cheese making. Its registered office is in Damme.
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0447.341.234
Incorporation
06/05/1992
Legal form
Public limited company
Registered office
Kruisstraat 17 box 2
8340 Damme · FlandreSee on map
8340 Damme · FlandreSee on map
Contributed capital
3 803 608,09 €
Latest accounts
30/09/2025
Average workforce
0,0 ETP
Activities (NACE)
Joint committees (2)
- 118
- 220
Signals
ProfitablePositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 17 financial years
| 2025 | 2024 | 2023 | 2022 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||
| Gross margin | 231 k € | -33.5% | 347,5 k € | -73.1% | 1,3 M € | -64.6% | 3,7 M € | -5.1% | 3,8 M € | -20.1% | 4,8 M € | -27.3% | 6,6 M € | +79.0% | 3,7 M € | -12.6% | 4,2 M € | +1660% | 240,7 k € | -46.2% | 447,1 k € | – | – | – | – | – | 188,3 k € | ||||||
| EBITDA | 228,7 k € | -32.0% | 336,5 k € | -73.6% | 1,3 M € | +2219% | -60,2 k € | -1359% | 4,8 k € | -96.7% | 143,3 k € | +168% | 53,5 k € | -34.4% | 81,6 k € | +1299% | -6,8 k € | +97.2% | -239 k € | -386% | -49,2 k € | -132% | 155,1 k € | +11839% | 1,3 k € | -99.7% | 483,4 k € | +2.7% | 470,5 k € | +82.6% | 257,7 k € | +231% | -197,2 k € |
| Operating result | 228,2 k € | -31.9% | 335 k € | -73.7% | 1,3 M € | +2183% | -61,2 k € | -14924% | 413 € | -99.7% | 120,9 k € | +455% | 21,8 k € | +284% | -11,9 k € | +70.5% | -40,2 k € | +85.5% | -277 k € | +45.5% | -508,1 k € | -360% | -110,5 k € | +62.0% | -291 k € | -282% | 159,6 k € | -29.4% | 226,2 k € | +559% | 34,3 k € | +108% | -408 k € |
| Net result | 228,1 k € | -29.3% | 322,5 k € | -74.1% | 1,2 M € | +1689% | -78,5 k € | -523% | -12,6 k € | -112% | 107 k € | +124% | -438,8 k € | -4664% | -9,2 k € | +78.5% | -42,9 k € | +95.2% | -902 k € | -938% | 107,6 k € | +175% | -143,9 k € | +65.4% | -415,3 k € | -991% | 46,6 k € | -41.9% | 80,2 k € | +621% | -15,4 k € | +96.4% | -424,8 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||
| Equity | -200,2 k € | +53.3% | -428,4 k € | +43.0% | -750,9 k € | +62.4% | -2 M € | -4.4% | -1,9 M € | -0.7% | -1,9 M € | +5.3% | -2 M € | -27.9% | -1,6 M € | -0.6% | -1,6 M € | -2.8% | -1,5 M € | -65.7% | -915,8 k € | +10.5% | -1 M € | -16.4% | -879,6 k € | -89.4% | -464,3 k € | +9.1% | -510,9 k € | +13.6% | -591,1 k € | -2.7% | -575,8 k € |
| Total assets | 9,1 k € | +157% | 3,5 k € | -98.3% | 208,2 k € | -16.8% | 250,3 k € | -80.1% | 1,3 M € | +26.6% | 992,1 k € | +115% | 462,4 k € | -69.8% | 1,5 M € | +59.5% | 961,3 k € | -5.7% | 1 M € | -66.1% | 3 M € | -11.1% | 3,4 M € | -21.5% | 4,3 M € | -10.9% | 4,8 M € | -3.8% | 5 M € | +5.4% | 4,8 M € | +12.8% | 4,2 M € |
| Cash | 676,8 € | +201% | 225,1 € | -73.8% | 857,6 € | -93.7% | 13,5 k € | +1346% | 935,5 € | +18.7% | 788,3 € | +0.4% | 784,8 € | -16.4% | 938,3 € | -43.1% | 1,6 k € | -87.4% | 13,1 k € | -84.9% | 87 k € | +321% | 20,7 k € | +225% | 6,4 k € | -92.5% | 85,3 k € | +44.8% | 58,9 k € | -28.7% | 82,6 k € | -63.1% | 223,7 k € |
| Debts | 209,3 k € | -50.8% | 425,1 k € | -55.5% | 955,5 k € | -57.5% | 2,2 M € | -29.1% | 3,2 M € | +9.6% | 2,9 M € | +17.1% | 2,5 M € | -20.4% | 3,1 M € | +23.0% | 2,5 M € | -0.5% | 2,5 M € | -35.0% | 3,9 M € | -10.0% | 4,3 M € | -15.5% | 5,1 M € | -2.2% | 5,2 M € | -3.9% | 5,4 M € | +3.6% | 5,3 M € | +11.2% | 4,7 M € |
| Other | |||||||||||||||||||||||||||||||||
| Workforce | 0,0 ETP | 0,0 ETP | 0,0 ETP | – | – | – | – | – | – | 4,7 ETP | -53.9% | 10,2 ETP | -6.4% | 10,9 ETP | +6.9% | 10,2 ETP | +12.1% | 9,1 ETP | -8.1% | 9,9 ETP | 0.0% | 9,9 ETP | +15.1% | 8,6 ETP | |||||||||
Estimate
Indicative valuation
As an indication, this company is worth
between 1 M€ and 2,5 M€
See the valuationGovernance
Board of directors
Seen on filing of 30/09/2025 · 2 active · 26 ended
At this address
Other companies at this address
| Company | CBE no. |
|---|---|
BOONE MARC & DIRK● Active | 0437.426.943 |
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 | 01/10/2024 | 01/10/2023 | 01/10/2022 | 01/10/2021 | 01/10/2020 | 01/10/2019 |
| Closing of the financial year | 30/09/2025 | 30/09/2024 | 30/09/2023 | 30/09/2022 | 30/09/2021 | 30/09/2020 |
| Length of the financial year | 12 months | 12 months | 12 months | 12 months | 12 months | 12 months |
| Filing date | 29/04/2026 | 30/04/2025 | 30/04/2024 | 25/04/2023 | 30/03/2022 | 20/04/2021 |
| General meeting | 29/03/2026 | 30/03/2025 | 30/03/2024 | 27/03/2023 | 28/03/2022 | 31/03/2021 |
| 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
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
19 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 30/09/2025 | 29/03/2026 | 29/04/2026 | Dutch | |
| Abridged model | 30/09/2024 | 30/03/2025 | 30/04/2025 | Dutch | |
| Abridged model | 30/09/2023 | 30/03/2024 | 30/04/2024 | Dutch | |
| Abridged model | 30/09/2022 | 27/03/2023 | 25/04/2023 | Dutch | |
| Abridged model | 30/09/2021 | 28/03/2022 | 30/03/2022 | Dutch | |
| Abridged model | 30/09/2020 | 31/03/2021 | 20/04/2021 | Dutch | |
| Abridged model | 30/09/2019 | 31/03/2020 | 05/05/2020 | Dutch | |
| Abridged model | 30/09/2018 | 31/03/2019 | 29/04/2019 | Dutch | |
| Abridged model | 30/09/2017 | 31/03/2018 | 27/04/2018 | Dutch | |
| Abridged model | 30/09/2016 | 31/03/2017 | 30/08/2017 | Dutch | |
| Abridged model | 30/09/2015 | 26/03/2016 | 07/04/2016 | Dutch | |
| Abridged model | 30/09/2014 | 19/05/2015 | 11/06/2015 | Dutch | |
| Abridged model | 31/12/2012 | 28/06/2013 | 30/08/2013 | French | |
| Full model | 31/12/2011 | 14/12/2012 | 25/01/2013 | French | |
| Full model | 31/12/2010 | 30/06/2011 | 28/07/2011 | French | |
| Full model | 31/12/2009 | 30/06/2010 | 16/07/2010 | French | |
| Full model | 31/12/2008 | 30/06/2009 | 09/07/2009 | French | |
| Full model | 31/12/2007 | 30/06/2008 | 14/07/2008 | French | |
| Abridged model | 31/12/2006 | 29/06/2007 | 20/07/2007 | French |
Valuation
Estimate
Indicative valuation
Order of magnitude
As an indication, this company is worth
between 1 M€ and 2,5 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.
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 30/09/2025 · 2 active · 26 ended
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates03/12/2021ONTSLAGEN - BENOEMINGEN
- Mandates06/06/2018ONTSLAGEN - BENOEMINGEN
- Mandates06/03/2015SIEGE SOCIAL - DEMISSIONS, NOMINATIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates14/07/2014DEMISSIONS, NOMINATIONS
- Mandates24/01/2014DENOMINATION - ANNEE COMPTABLE - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates24/09/2013DEMISSIONS, NOMINATIONS
- Capital / shares23/07/2013CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
- Mandates19/07/2010DEMISSIONS, NOMINATIONS
Source: Belgian Official Gazette
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 2025228,1 k €↓
- 2024Annual accounts 2024322,5 k €↓
- 2023Annual accounts 20231,2 M €↑
- 2022Annual accounts 2022-78,5 k €↓
- 2019Annual accounts 2019-12,6 k €↓
- 2018Annual accounts 2018107 k €↑
- 2017Annual accounts 2017-438,8 k €↓
- 2016Annual accounts 2016-9,2 k €↑
- 2015Annual accounts 2015-42,9 k €↑
- 2014Annual accounts 2014-902 k €↓
- 2012Annual accounts 2012107,6 k €↑
- 2011Annual accounts 2011-143,9 k €↑
- 2010Annual accounts 2010-415,3 k €↓
- 2009Annual accounts 200946,6 k €↓
- 2008Annual accounts 200880,2 k €↑
- 2007Annual accounts 2007-15,4 k €↑
- 2006Annual accounts 2006-424,8 k €
- 06/05/1992IncorporationPublic limited company