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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 25 % 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-II from Antwerpen, company number BE0562946923, closed financial year 2025 with a result of € -5,444 after tax. For that financial year ULP-II recorded a gross margin of € -3,738 and equity of € -23,544. Compared with financial year 2024, the result moved from € -4,988 to € -5,444. 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 June 9, 2026.
€ -23,544
▼ € 5,444 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -5,444
▼ 9 % more loss than in 2024
Profit after tax over the fiscal year.
€ 1,005
▼ 85% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -123,544.
Debts at end 2025
€ 2 million
▲ 3% vs 2024
Loans from banks and other lenders, long and short.
€ 4,046
▼ 3% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 55,709 | € 52,798 | € 57,710 | € -3,738 | ▼ € 61,448 |
| Profit after taxes | € -7,405 | € -9,666 | € -4,988 | € -5,444 | ▼ € 456 |
| Equity | € -3,446 | € -13,112 | € -18,100 | € -23,544 | ▼ € 5,444 |
| Total debts | € 1,785,712 | € 1,856,216 | € 1,922,513 | € 1,983,646 | ▲ 3% |
| Cash | € 6,435 | € 6,368 | € 6,589 | € 1,005 | ▼ 85% |
| Retained profit | € -103,446 | € -113,112 | € -118,100 | € -123,544 | ▼ € 5,444 |
| Bank debt | € 1,516,825 | € 1,526,825 | € 1,918,328 | € 1,979,601 | ▲ 3% |
| Balance sheet total | € 1,782,266 | € 1,843,104 | € 1,904,414 | € 1,960,103 | ▲ 3% |
Key figures of ULP-II, 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-II?
What happened at ULP-II in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Lady At Work BV stepped down as director. NBB
- A³ Management BV stepped down as director. NBB
- Arfides NV stepped down as director. NBB
- Duck NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 5,444. Source: NBB ↗
- A³ Management BV became a director. NBB
- Lady At Work BV became a director. NBB
- Arfides NV became a director. NBB
In short
From € 7,405 loss in 2022 to € 5,444 loss in 2025.
Management
The stake of URBAN LIVING BELGIUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ULP-IIThe shares are held by URBAN LIVING BELGIUM (100%).
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 2024 · until 2030
Director · represented by Marnix Galle
Also active at: COMPAGNIE IMMOBILIERE DE WALLONIE, Entreprises et Gestion Immobilières, GOODWAYS, "IMMOBEL" OU "COMPAGNIE IMMOBILIERE DE BELGIQUE " OU " IMMOBILIEN VENNOOTSCHAP VAN BELGIE", QUOMAGO S.A., VELDIMMO, ILOT ECLUSE, LES JARDINS DU NORD - NOORDWARANDE +24 more
since 2025 · 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
No participations in other companies reported.
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-I same network
€ 962,513 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
- 0562.946.923
- VAT number
- BE 0562.946.923
- Registered office
- Michel De Braeystraat 55, 2000 Antwerpen
- Names & denominations
- ULP-II
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 18 September 2014
- Peppol
- Active · Active since 1 Jan 2001