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 9 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
35 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
ULP-I from Antwerpen, company number BE0550798761, closed financial year 2025 with a result of € 531,461 after tax. For that financial year ULP-I recorded a gross margin of € 962,513 and equity of € 4.4 million. Compared with financial year 2024, the result moved from € -1.7 million to € 531,461. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 9, 2026.
€ 4.4 million
▲ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 531,461
▲ still € 1.7 million loss in 2024
Profit after tax over the fiscal year.
€ 8,290
▼ 92% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 3.5 million.
Debts at end 2025
€ 36 million
▲ 1% vs 2024
Loans from banks and other lenders, long and short.
€ 384,201
▲ € 363,367 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 213,407
▲ 42% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 864,693 | € 2,536,943 | € 2,163,293 | € 962,513 | ▼ 56% |
| Profit after taxes | € 19,619 | € 677,800 | € -1,734,441 | € 531,461 | ▲ € 2.3 million |
| Equity | € 4,932,168 | € 5,609,968 | € 3,875,527 | € 4,406,988 | ▲ 14% |
| Total debts | € 42,578,833 | € 39,435,415 | € 36,995,895 | € 39,111,919 | ▲ 6% |
| Cash | € 143,533 | € 148,071 | € 106,079 | € 8,290 | ▼ 92% |
| Retained profit | € 4,032,168 | € 4,709,968 | € 2,975,527 | € 3,506,988 | ▲ 18% |
| Bank debt | € 38,856,562 | € 36,686,906 | € 35,643,202 | € 35,980,696 | ▲ 1% |
| Balance sheet total | € 47,511,001 | € 45,045,383 | € 40,871,422 | € 43,518,906 | ▲ 6% |
Key figures of ULP-I, 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 ULP-I?
What happened at ULP-I in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- KB Financial Services BV stepped down as director. NBB
- Arfides NV stepped down as director. NBB
- Duck NV stepped down as director. NBB
- Lady At Work BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 531,461. Source: NBB ↗
- KB Financial Services BV became a director. NBB
- Arfides NV became a director. NBB
- Duck NV became a director. NBB
In short
From € 19,619 profit in 2022 to € 531,461 profit in 2025.
Paid € 729,993 in corporate taxes since 2022.
Best year ever: 2023, with € 677,800 profit.
Management
The stake of URBAN LIVING BELGIUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ULP-IThe shares are held by URBAN LIVING BELGIUM (100%). It owns 100% of Claves Antwerpen itself.
Directors
According to the 2025 annual accounts
Director · represented by Stephanie De Wilde
Also active at: COMPAGNIE IMMOBILIERE DE WALLONIE, Infinito, Entreprises et Gestion Immobilières, Lotinvest Development, QUOMAGO S.A., VELDIMMO, ILOT ECLUSE, LES JARDINS DU NORD - NOORDWARANDE +54 more
since 2022 · until 2028
Director · represented by Karel Breda
Also active at: GOODWAYS, Lotinvest Development, COSIMO, FONCIERE JENNIFER, 'T Park Development, FLINT LAND, VESALIUS CONSTRUCT, Val d'Or Construct +18 more
since 2024 · until 2030
Director · represented by Stefan Paeleman
Also active at: SHIPSHOP NIEUWPOORT, WILMARC INVEST, SKYLINE PROJECTS, GRIMMO, GANDS, PARC RESIDENCES, URBAN LIVING PROJECT MANAGEMENT, Canalis Invest +43 more
since 2024 · until 2030
Director · represented by Jeff Cavens
Also active at: BESSENVELD 3, Attis, BESSENVELD 2, GANDS, BESSENVELD 4, BESSENVELD 1, PROJECT BESSENVELD, URBAN LIVING PROJECT MANAGEMENT +36 more
since 2024 · until 2030
Shareholders
100%
Participations
100%
Establishments
Establishment units
Physical locations of this company
Michel De Braeystraat 55
2000 Antwerpen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 35 companies are registered at this address.
All companies at this address →Cavens & Co
€ 93,271 gross margin · 2025
GANDS same network
€ 5.4 million revenue · 2025
URBAN LIVING PROJECT MANAGEMENT same network
€ 35.9 million revenue · 2025
Canalis Invest same network
€ 1,224 gross margin · 2025
ULP-II same network
€ -3,738 gross margin · 2025
+30 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
- 0550.798.761
- VAT number
- BE 0550.798.761
- Registered office
- Michel De Braeystraat 55, 2000 Antwerpen
- Names & denominations
- ULP-I
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 April 2014
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Handel in eigen onroerend goed