Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
IMMOBILIERE ULENS from Elsene, company number BE0431431848, closed financial year 2025 with a result of € -8,661 after tax. For that financial year IMMOBILIERE ULENS recorded a gross margin of € 2,096 and equity of € -74,355. Compared with financial year 2024, the result moved from € 311,569 to € -8,661. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 23, 2026.
€ -74,355
▼ € 8,661 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,661
▼ still € 311,569 profit in 2024
Profit after tax over the fiscal year.
€ 6,120
▼ 44% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -136,329.
Debts at end 2025
€ 41
▲ 12% vs 2024
Loans from banks and other lenders, long and short.
€ 10,918
▲ 153% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -13,769 | € -5,164 | € 322,452 | € 2,096 | ▼ 99% |
| Profit after taxes | € -34,348 | € -26,539 | € 311,569 | € -8,661 | ▼ € 320,230 |
| Equity | € -350,725 | € -377,264 | € -65,695 | € -74,355 | ▼ € 8,661 |
| Total debts | € 399,420 | € 430,101 | € 111,356 | € 114,958 | ▲ 3% |
| Cash | - | - | € 10,948 | € 6,120 | ▼ 44% |
| Land & buildings | € 47,199 | € 51,182 | € 32,988 | € 32,709 | ▼ 1% |
| Retained profit | € -412,698 | € -439,237 | € -127,668 | € -136,329 | ▼ € 8,661 |
| Bank debt | € 36,882 | € 36,096 | € 36 | € 41 | ▲ 12% |
| Balance sheet total | € 48,695 | € 52,837 | € 45,662 | € 40,603 | ▼ 11% |
Key figures of IMMOBILIERE ULENS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to IMMOBILIERE ULENS?
What happened at IMMOBILIERE ULENS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- EDOUARD-VINCENT DRAPS stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 8,661 (▼ € 320,230 vs 2024). Source: NBB ↗
- EDOUARD-VINCENT DRAPS became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 34,348 loss in 2022 to € 8,661 loss in 2025.
Best year ever: 2024, with € 311,569 profit.
Management
Directors
According to the 2025 annual accounts
EDOUARD-VINCENT DRAPS
Director
since 2022 · until 2028
Establishments
Establishment units
Physical locations of this company
Amerikaanse straat 215 box 8
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →+7 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0431.431.848
- VAT number
- BE 0431.431.848
- Registered office
- Amerikaanse straat 215 bus 8, 1050 Elsene
- Names & denominations
- IMMOBILIERE ULENS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 June 1987
- Peppol
- Active · Active since 1 Jan 2001