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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Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
NG ULBEEK from Wellen, company number BE0435637094, closed financial year 2024 with a result of € -4,225 after tax. For that financial year NG ULBEEK recorded a gross margin of € 38,519 and equity of € 9,233. Compared with financial year 2023, the result moved from € 30,406 to € -4,225. The company made a loss. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 25, 2025.
€ 9,233
▼ 31% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -4,225
▼ still € 30,406 profit in 2023
Profit after tax over the fiscal year.
€ 10,671
▼ 44% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -59,359.
People and assets in 2024
€ 8,764
▼ 34% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 98,763
▼ 17% vs 2023
€ 20,533 is repaid this year. At this pace the long-term loan is gone in ≈ 5 years.
€ 2,771
▼ 26% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 5,542
▲ 9% vs 2023
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 15,474 | € -2,987 | € 48,755 | € 38,519 | ▼ 21% |
| Profit after taxes | € -37,493 | € -53,922 | € 30,406 | € -4,225 | ▼ € 34,632 |
| Equity | € 53,414 | € 3,427 | € 13,458 | € 9,233 | ▼ 31% |
| Total debts | € 350,272 | € 327,638 | € 288,796 | € 250,011 | ▼ 13% |
| Cash | € 10,729 | € 1,175 | € 18,994 | € 10,671 | ▼ 44% |
| Land & buildings | € 281,890 | € 263,186 | € 244,607 | € 218,372 | ▼ 11% |
| Retained profit | € -31,618 | € -85,540 | € -55,134 | € -59,359 | ▼ € 4,225 |
| Bank debt | € 158,227 | € 138,805 | € 118,981 | € 98,763 | ▼ 17% |
| Balance sheet total | € 403,686 | € 331,065 | € 302,254 | € 259,244 | ▼ 14% |
Key figures of NG ULBEEK, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to NG ULBEEK?
What happened at NG ULBEEK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 4,225 (▼ € 34,632 vs 2023). filed late Source: NBB ↗
- New establishment in Wellen. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,493 loss in 2021 to € 4,225 loss in 2024.
Paid € 522 in corporate taxes since 2021.
Best year ever: 2023, with € 30,406 profit.
Management
Behind NG ULBEEK are NADIA WERCKX and GEORGES CHARLIER. The same people are also behind SALTO ULBEEK.
Directors
According to the 2024 annual accounts
Establishments
Establishment units
Physical locations of this company
Ulbeekstraat 20
3832 Wellen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0435.637.094
- VAT number
- BE 0435.637.094
- Registered office
- Ulbeekstraat 20, 3832 Wellen
- Names & denominations
- NG ULBEEK
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 October 1988
- Peppol
- Active · Active since 25 Mar 2026
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