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 1 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 39 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ULUWATU from Linkebeek, company number BE0477527634, closed financial year 2025 with a result of € -26,008 after tax. For that financial year ULUWATU recorded a gross margin of € 72,025 and equity of € -19,226. Compared with financial year 2024, the result moved from € 2,375 to € -26,008. 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 April 24, 2026.
€ -19,226
▼ € 26,008 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -26,008
▼ still € 2,375 profit in 2024
Profit after tax over the fiscal year.
€ 3,258
▲ € 3,220 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -37,826.
People and assets in 2025
€ 89,662
▲ 1% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 22,368
▲ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 23,823
▼ 38% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 10,224 | € 117,260 | € 99,032 | € 72,025 | ▼ 27% |
| Profit after taxes | € -17,661 | € 205 | € 2,375 | € -26,008 | ▼ € 28,382 |
| Equity | € 4,201 | € 4,407 | € 6,781 | € -19,226 | ▼ € 26,008 |
| Total debts | € 54,146 | € 47,606 | € 59,145 | € 60,305 | ▲ 2% |
| Cash | € 195 | € 2,432 | € 38 | € 3,258 | ▲ € 3,220 |
| Land & buildings | - | - | € 3,078 | € 2,430 | ▼ 21% |
| Retained profit | € -14,399 | € -14,193 | € -11,819 | € -37,826 | ▼ € 26,008 |
| Bank debt | € 6,378 | € 2,830 | € 666 | € 0 | ▼ 100% |
| Balance sheet total | € 58,348 | € 52,013 | € 65,926 | € 41,079 | ▼ 38% |
Key figures of ULUWATU, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to ULUWATU?
What happened at ULUWATU in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 26,008 (▼ € 28,382 vs 2024). Source: NBB ↗
- David Ghysels became a director. NBB
- Nathalie Gauthier became a director. NBB
- New establishment in Linkebeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 17,661 loss in 2022 to € 26,008 loss in 2025.
Paid € 9,193 in corporate taxes since 2022.
Best year ever: 2024, with € 2,375 profit.
Management
Behind ULUWATU are David Ghysels and Nathalie Gauthier. David Ghysels is also behind YMDS.
Directors
According to the 2025 annual accounts
since 2023
Nathalie Gauthier
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Dwersbos 2
1630 Linkebeek
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0477.527.634
- VAT number
- BE 0477.527.634
- Registered office
- Dwersbos 2, 1630 Linkebeek
- Names & denominations
- ULUWATU
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 May 2002
- Peppol
- Active · Active since 24 Feb 2026
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