ACTIVE

FULKO

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Financial year 2025 · closed on 31/12/2025

Net result

113,9 k €

+32.6% YoY

Gross margin

218,5 k €

+56.0% YoY

Equity

276 k €

+2.1% YoY

What does FULKO do?

FULKO is a Private limited company incorporated in 2003. Its main activity is: Accounting, bookkeeping and auditing activities; tax consultancy. Its registered office is in Zonhoven.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0479.655.595

Incorporation

26/02/2003

Legal form

Private limited company

Registered office

Pleinstraat 85
3520 Zonhoven · FlandreSee on map

Contributed capital

12 139,52 €

Latest accounts

31/12/2025

Activities (NACE)

69201Accounting, bookkeeping and auditing activities; tax consultancy· main 69202Accounting, bookkeeping and auditing activities; tax consultancy 74121Specialised design activities

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2014		2013		2012		2010		2009		2008		2007		2006
Income statement
Gross margin	218,5 k €	+56.0%	140 k €	+24.7%	112,3 k €	+151%	44,7 k €	+20.2%	37,2 k €	-69.6%	122,1 k €	+216%	38,7 k €	+14.0%	33,9 k €	+63.4%	20,7 k €	-0.3%	20,8 k €	+44.5%	14,4 k €	+56.0%	9,2 k €	-62.5%	24,6 k €	-51.2%	50,4 k €	-0.3%	50,5 k €	+284%	13,1 k €	-6.3%	14 k €	+43.1%	9,8 k €	-5.8%	10,4 k €	+51.9%	6,8 k €
EBITDA	216,4 k €	+56.8%	138 k €	+24.8%	110,6 k €	+156%	43,2 k €	+18.2%	36,5 k €	-69.1%	118,3 k €	+226%	36,3 k €	+14.2%	31,8 k €	+62.4%	19,6 k €	+1.5%	19,3 k €	+44.4%	13,3 k €	+47.8%	9 k €	-37.3%	14,4 k €	-49.3%	28,4 k €	-3.8%	29,5 k €	+137%	12,4 k €	-0.9%	12,5 k €	+41.9%	8,8 k €	-6.0%	9,4 k €	+55.2%	6,1 k €
Operating result	175,5 k €	+36.7%	128,4 k €	+28.3%	100,1 k €	+189%	34,6 k €	+12.5%	30,8 k €	-73.2%	114,9 k €	+266%	31,4 k €	+28.7%	24,4 k €	+97.4%	12,3 k €	+11.2%	11,1 k €	+114%	5,2 k €	+20.8%	4,3 k €	-19.1%	5,3 k €	-71.2%	18,5 k €	+0.5%	18,4 k €	+125%	8,2 k €	+6.1%	7,7 k €	+569%	1,2 k €	-76.3%	4,8 k €	-1.3%	4,9 k €
Net result	113,9 k €	+32.6%	85,9 k €	+32.6%	64,8 k €	+238%	19,2 k €	+13.5%	16,9 k €	-77.6%	75,5 k €	+369%	16,1 k €	+102%	8 k €	+217%	2,5 k €	+194%	855 €	+152%	-1,6 k €	-153%	3,1 k €	+339%	702 €	-92.2%	9,1 k €	+107%	4,4 k €	+53.4%	2,9 k €	+40.4%	2 k €	+202%	-2 k €	-155%	3,6 k €	+150%	1,4 k €
Balance sheet
Equity	276 k €	+2.1%	270,4 k €	+28.2%	210,9 k €	+27.0%	166,1 k €	+12.4%	147,7 k €	+11.7%	132,2 k €	+133%	56,8 k €	+39.6%	40,7 k €	+20.2%	33,8 k €	-41.4%	57,7 k €	+1.5%	56,9 k €	-2.8%	58,5 k €	+34.7%	43,4 k €	+1.6%	42,7 k €	+13.7%	37,6 k €	+72.4%	21,8 k €	+15.1%	18,9 k €	+12.0%	16,9 k €	-10.5%	18,9 k €	+22.2%	15,5 k €
Total assets	369,1 k €	+13.2%	326 k €	+45.6%	223,9 k €	+24.1%	180,5 k €	+2.1%	176,7 k €	-0.9%	178,4 k €	+67.9%	106,2 k €	-21.2%	134,9 k €	+15.3%	117 k €	-7.9%	127,1 k €	-3.9%	132,3 k €	-13.6%	153 k €	+10.1%	138,9 k €	+53.3%	90,7 k €	+7.2%	84,6 k €	+108%	40,6 k €	-8.8%	44,6 k €	+0.4%	44,4 k €	-14.5%	51,9 k €	+44.5%	36 k €
Cash	86,9 k €	+56.7%	55,4 k €	-14.7%	65 k €	+83.1%	35,5 k €	+9.3%	32,5 k €	-51.0%	66,2 k €	+370%	14,1 k €	+0.4%	14 k €	+79.8%	7,8 k €	+74.3%	4,5 k €	-42.4%	7,8 k €	+300%	1,9 k €	-48.3%	3,8 k €	+4.7%	3,6 k €	-63.6%	9,8 k €	+410%	1,9 k €	-83.7%	11,9 k €	+350%	2,6 k €	-67.4%	8,1 k €	+62.1%	5 k €
Debts	59,5 k €	+7.0%	55,6 k €	+378%	11,6 k €	+23.5%	9,4 k €	-67.2%	28,7 k €	-35.3%	44,4 k €	-9.5%	49 k €	-48.0%	94,2 k €	+13.3%	83,2 k €	+19.9%	69,4 k €	-8.0%	75,4 k €	-19.1%	93,2 k €	-2.2%	95,3 k €	+113%	44,7 k €	-5.0%	47 k €	+149%	18,9 k €	-22.9%	24,5 k €	-7.3%	26,4 k €	-18.1%	32,2 k €	+57.2%	20,5 k €
Other
Workforce	–		–		–		–		–		–		–		–		–		–		–		–		–		1,0 ETP	0.0%	1,0 ETP		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Davy Fox

Director · since 17 février 2003

Active

Ended mandates

Davy Fox

Manager · since 17 février 2003

Ended

Davy Fox

Director

Ended

Davy Fox

Manager

Ended

Wendy Awouters

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Yogini● Active	0899.172.974

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro 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	06/05/2026	02/05/2025	08/05/2024	05/05/2023	27/05/2022	04/03/2021
General meeting	04/05/2026	02/05/2025	03/05/2024	05/05/2023	05/04/2022	05/02/2021
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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Filings

Annual accounts filings

23 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	04/05/2026	06/05/2026	Dutch	PDF
Micro model	31/12/2024	02/05/2025	02/05/2025	Dutch	PDF
Micro model	31/12/2023	03/05/2024	08/05/2024	Dutch	PDF
Micro model	31/12/2022	05/05/2023	05/05/2023	Dutch	PDF
Micro modelCorrection	31/12/2021	05/04/2022	27/05/2022	Dutch	PDF
Micro model	31/12/2021	05/04/2022	07/04/2022	Dutch	PDF
Micro model	31/12/2020	05/02/2021	04/03/2021	Dutch	PDF
Micro model	31/12/2019	06/03/2020	24/03/2020	Dutch	PDF
Micro model	31/12/2018	07/02/2019	12/02/2019	Dutch	PDF
Micro model	31/12/2017	10/05/2018	15/05/2018	Dutch	PDF
Abridged modelCorrection	31/12/2016	26/01/2017	04/05/2017	Dutch	PDF
Abridged model	31/12/2016	26/01/2017	03/02/2017	Dutch	PDF
Abridged model	31/12/2015	16/06/2016	21/06/2016	Dutch	PDF
Abridged model	31/12/2014	26/06/2015	24/07/2015	Dutch	PDF
Abridged model	30/06/2014	07/08/2014	12/08/2014	Dutch	PDF
Abridged model	30/06/2013	26/07/2013	09/08/2013	Dutch	PDF
Abridged model	30/06/2012	02/08/2012	03/08/2012	Dutch	PDF
Abridged model	31/12/2010	22/01/2011	27/01/2011	Dutch	PDF
Abridged model	31/12/2009	05/02/2010	06/02/2010	Dutch	PDF
Abridged model	31/12/2008	13/03/2009	17/03/2009	Dutch	PDF
Abridged modelCorrection	31/12/2007	15/02/2008	05/05/2008	Dutch	PDF
Abridged model	31/12/2007	15/02/2008	18/02/2008	Dutch	PDF
Abridged model	31/12/2006	01/06/2007	07/06/2007	Dutch	PDF

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.

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.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 4 ended

Active mandates

Davy Fox

Director · since 17 février 2003

Active

Ended mandates

Davy Fox

Manager · since 17 février 2003

Ended

Davy Fox

Director

Ended

Davy Fox

Manager

Ended

Wendy Awouters

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates22/01/2020
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares21/12/2017
KAPITAAL - AANDELEN
PDF
Capital / shares24/10/2014
KAPITAAL - AANDELEN - BOEKJAAR
PDF
Capital / shares06/06/2011
KAPITAAL - AANDELEN
PDF
Mandates15/03/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/02/2010
ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/02/2007
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/01/2007
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

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

See the Business plan

2025
Annual accounts 2025113,9 k €↑
2024
Annual accounts 202485,9 k €↑
2023
Annual accounts 202364,8 k €↑
2022
Annual accounts 202219,2 k €↑
2021
Annual accounts 202116,9 k €↓
2020
Annual accounts 202075,5 k €↑
2019
Annual accounts 201916,1 k €↑
2018
Annual accounts 20188 k €↑
2017
Annual accounts 20172,5 k €↑
2016
Annual accounts 2016855 €↑
2015
Annual accounts 2015-1,6 k €↓
2014
Annual accounts 20143,1 k €↑
2014
Annual accounts 2014702 €↓
2013
Annual accounts 20139,1 k €↑
2012
Annual accounts 20124,4 k €↑
2010
Annual accounts 20102,9 k €↑
2009
Annual accounts 20092 k €↑
2008
Annual accounts 2008-2 k €↓
2007
Annual accounts 20073,6 k €↑
2006
Annual accounts 20061,4 k €
26/02/2003
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

FULKO

Overview

What does FULKO do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline