About Bullswap
Bullswap is a private limited company (BV/SRL) based in Genk, founded in 2018. Its main activity is classified as "Handelsbemiddeling in de groothandel in machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen". For the 2025 financial year, Bullswap reported a loss of €944,250. That makes 7 loss-making financial years in a row for Bullswap. Revenue was not published, which is common for abbreviated accounts. The gross margin came to €175,233, down 47% on 2024. It employed an average of 9.8 full-time equivalents. Equity is negative (-€335,295): liabilities exceed assets. In 2019 it was -€300,856. 7 annual accounts are available, covering 2019 to 2025.
- Sectors
- Wholesalers
- Signals
-
Negative equityNegative equity € -335K
Equity is negative: debts exceed assets (technically insolvent).
Reporting lossesReporting losses € -944KThe company reported a loss in the latest financial year.
Poor liquidityPoor liquidity 0.39The current ratio is below 1: may be insufficient to cover short-term debt.
Negative cashflowNegative cashflow € -761KOperating cash flow was negative in the latest financial year.
Negative EBITDANegative EBITDA € -629KEBITDA is negative: operating activities are loss-making.
Healthy social debtHealthy social debt 9.8%Social debts stay manageable relative to personnel costs.
- Shareholders
- Koiba 40,1%, Valk Invest 5,34%
Financial ratios
|
|
2025
|
2024
|
2023
|
2022
|
|---|---|---|---|---|
|
€
175K
|
€
332K
|
€
124K
|
€
-122K
|
|
|
€
-629K
|
€
-511K
|
€
-590K
|
€
-576K
|
|
|
€
-944K
|
€
-746K
|
€
-781K
|
€
-687K
|
|
|
€
-335K
|
€
-1.80M
|
€
-1.96M
|
€
-1.18M
|
|
|
-35.44%
|
-271.57%
|
-196.61%
|
-115.27%
|
|
|
€
1.28M
|
€
2.47M
|
€
2.95M
|
€
2.20M
|
|
|
€
96K
|
€
26K
|
€
79K
|
€
139K
|
|
|
9.80
|
9.00
|
9.00
|
9.00
|
Publications 11
All publications- Maatschappelijke Zetel 19/01/2026
- Ontslagen - Benoemingen 08/01/2026
- Ontslagen - Benoemingen 04/03/2025
- Statuten (Vertaling, Cordinatie, Overige Wijzigingen, ) - Kapitaal - Aandelen - Ontslagen - Benoemingen - Algemene Vergadering 20/02/2025
- Kapitaal - Aandelen 29/02/2024
Frequently asked questions
Answers to the most common questions about Bullswap, based on official government data and the filed annual accounts.
What is the VAT number of Bullswap?
The VAT number of Bullswap is BE0699.556.476.
How many employees work at Bullswap?
In 2025, Bullswap employed 9.80 full-time equivalents (FTE).
When was Bullswap established?
Bullswap was founded in 03-07-2018.
What is the official address of Bullswap?
The official address of Bullswap is Thor Park 8000 Genk 3600.
What is the legal form of Bullswap?
The juridical form of Bullswap is Private limited company (BV/SRL).
What is the annual revenue of Bullswap?
The 2025 accounts of Bullswap do not report revenue. Smaller companies that file abbreviated accounts are not required to publish it.
Is Bullswap a reliable company?
Bullswap is a registered Rechtspersoon with company number 0699.556.476 and can be verified through the official CBE database.
What is the credit limit of Bullswap?
The estimated credit limit of Bullswap is €0.
Is Bullswap still active?
Bullswap currently has the status "Normal situation" and is active.