ULTRA - BOUW
ActiveULTRA - BOUW has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €644k and a net result of €34k. Equity is growing by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 52% of 9167 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability37▲+9
Solvency58▲+9
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €35k at 30 days acceptable
Liquidity ample (current ratio 1.99 against 1.55 in 2024; short-term debt: 49.2% and cash: 9.3% of total assets), but 66.6% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
33.4%
Return on assets
1.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
on the day
2023
23 d late
2022
31 d early
2021
31 d late
2020
31 d late
2019
90 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€644k▲ 5.6%
2024 · €610k
2018: €410k
2019: €449k
2020: €491k
2021: €502k
2022: €541k
2023: €606k
2024: €610k
2018 → 2025
Total assets
€1.93M▼ 25.6%
2024 · €2.59M
2018: €1.16M
2019: €1.21M
2020: €1.20M
2021: €1.12M
2022: €1.44M
2023: €2.03M
2024: €2.59M
2018 → 2025
Net result
€34k▲ 904%
2024 · €3k
2018: €151k
2019: €48k
2020: €42k
2021: €11k
2022: €39k
2023: €65k
2024: €3k
2018 → 2025
Working capital
€936k▲ 4.3%
2024 · €897k
2018: €550k
2019: €558k
2020: €588k
2021: €652k
2022: €1,000k
2023: €610k
2024: €897k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€502k-€541k▲ 7.8%€606k▲ 12.0%€610k▲ 0.6%€644k▲ 5.6%
Operating result€25k-€62k▲ 146%€117k▲ 89.9%€69k▼ 41.2%€96k▲ 38.7%
Net result€11k-€39k▲ 258%€65k▲ 67.0%€3k▼ 94.8%€34k▲ 904%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 39% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.93M
Fixed assets
€42k▼ 29.0%
Current assets
€1.88M▼ 25.5%
Equity and liabilities €1.93M
Equity
€644k▲ 5.6%
Debt
€1.28M▼ 35.2%
The debt ratio falls from 76.5% to 66.6%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€99k▲
2024 · €72k
Cash flow
€38k▲
2024 · €7k
Solvency
33.4%▲
2024 · 23.5%
Current ratio
1.99▲
2024 · 1.55
Quick ratio
0.82▲
2024 · 0.54
Debt / equity
1.99▼
2024 · 3.25
ROE
5.3%▲
2024 · 0.6%
ROA
1.8%▲
2024 · 0.1%
Interest coverage
1.96▲
2024 · 1.05
Debt
€1.28M▼
2024 · €1.98M
Debt ≤ 1 year
€948k▼
2024 · €1.63M
Debt > 1 year
€335k▼
2024 · €348k
Income taxes
€17k▲
2024 · €2k
Staff costs
€137k▲
2024 · €124k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€2.59M€1.93M▼
Fixed assets21/28€60k€42k▼
Tangible fixed assets22/27€12k€10k▼
Plant, machinery and equipment23€6k€6k▼
Furniture and vehicles24€6k€4k▼
Financial fixed assets28€48k€33k▼
Current assets29/58€2.53M€1.88M▼
Stocks and contracts in progress3€1.64M€1.11M▼
Stocks30/36€1.64M€1.11M▼
Amounts receivable within one year40/41€530k€566k▲
Trade receivables40€234k€239k▲
Other amounts receivable41€295k€327k▲
Cash at bank and in hand54/58€332k€179k▼
Deferred charges and accrued income490/1€26k€31k▲
Equity and liabilities
Total equity and liabilities10/49€2.59M€1.93M▼
Equity10/15€610k€644k▲
Contributions10/11€19k€19k=
Reserves13€591k€625k▲
Distributable reserves133€591k€625k▲
Amounts payable17/49€1.98M€1.28M▼
Amounts payable after more than one year17€348k€335k▼
Financial debts170/4€348k€335k▼
Amounts payable within one year42/48€1.63M€948k▼
Current portion of amounts payable after more than one year42€17k€100k▲
Financial debts43€1.08M€264k▼
Credit institutions430/8€1.08M€264k▼
Trade debts44€471k€459k▼
Suppliers440/4€471k€459k▼
Taxes, remuneration and social security45€51k€45k▼
Taxes450/3€36k€28k▼
Remuneration and social security454/9€15k€17k▲
Other amounts payable47/48€7k€81k▲
Income statement
Code20242025
Remuneration, social security and pensions62€124k€137k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k▲
Other operating charges640/8€756€18k▲
Gross operating margin9900€197k€254k▲
Operating profit (loss)9901€69k€96k▲
Financial income75/76B€6k€6k▲
Recurring financial income75€6k€6k▲
Financial charges65/66B€69k€50k▼
Recurring financial charges65€69k€50k▼
Profit (loss) for the period before taxes9903€6k€52k▲
Income taxes67/77€2k€17k▲
Profit (loss) for the period9904€3k€34k▲
Profit (loss) for the period to be appropriated9905€3k€34k▲
Appropriation of the result
Profit (loss) to be appropriated9906€3k€34k▲
Transfer to equity691/2€3k€34k▲
To other reserves6921€3k€34k▲
Social balance
Average headcount (FTE)90871.81.8=
The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €3k ▼94.8%
Net result drops to €3k, the lowest in the series; recovery starts the following year.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 23 days late
2023
30-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 31 days late
2021
31-12
Financial
Equity above €500kEq €502k ▲2.2%
4 profitable years in a row build equity to €502k.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 90 days late
2019
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-01
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-01
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Herentals · 2 establishment units since 2001
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Morkhovenseweg(NDW) 1262200 HerentalsGround area
2,476 m²
Building footprint
310 m²
Volume, LiDAR
1,739 m³
2 parcels, Flanders · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
ZeroHuis
since 20012.095.326.395
Olenseweg(NDW) 50, 2200 Herentals
since 20142.235.321.844
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13027D0109/00P002 | Flanders | 2,285 m² | 1 · 208 m² | 11.0 m · 3 fl. |
| 13027B0220/00N010 | Flanders | 190 m² | 1 · 102 m² | 11.5 m |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
15 categoriesULTRA - BOUW BV40820
Similar companies · same sector, comparable size
PMP IMMOGEST
BE 0771.940.351
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BRIKKS
BE 0542.484.574
Herk-de-Stad · Eq €643k
MINNEBEKE
BE 0425.075.081
Affligem · Eq €644k
ENGINEERING en IMPORT MAHIEU
BE 0449.225.212
Wevelgem · Eq €643k
NEPETA
BE 0879.076.950
Ieper · Eq €643k
Of 9,695 companies in sector 68121 we hold annual accounts for 7,381. 4,465 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-09-2001
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
68121Development of residential building projects
70111
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.