Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
-
Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
ULLENS & CO from Elsene, company number BE0656558257, closed financial year 2024 with a result of € -176,918 after tax. For that financial year ULLENS & CO recorded a gross margin of € 98,496 and equity of € -52,212. Compared with financial year 2023, the result moved from € 32,020 to € -176,918. 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 September 4, 2025.
€ -52,212
▼ € 176,918 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -176,918
▼ still € 32,020 profit in 2023
Profit after tax over the fiscal year.
€ 15,699
▲ 75% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -70,812.
People and assets in 2024
€ 33,484
▲ 20% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 775,367
▲ € 693,332 vs 2023
Of which on lease € 710,085.
Debts at end 2024
€ 1.3 million
▲ € 1.2 million vs 2023
€ 31,838 is repaid this year. At this pace the long-term loan is gone in ≈ 21 years.
€ 51,989
▲ 54% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 14,915
▼ 35% vs 2023
Taxes, VAT and social contributions still to pay.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € 39,340 | € 78,715 | € 100,732 | € 98,496 | ▼ 2% |
| Profit after taxes | € 25,608 | € 37,872 | € 32,020 | € -176,918 | ▼ € 208,938 |
| Equity | € 59,814 | € 92,686 | € 124,706 | € -52,212 | ▼ € 176,918 |
| Total debts | € 144,944 | € 221,127 | € 276,473 | € 1,436,917 | ▲ € 1.2 million |
| Cash | € 28,268 | € 67,845 | € 8,963 | € 15,699 | ▲ 75% |
| Land & buildings | € 137,263 | € 133,017 | € 128,771 | € 974,226 | ▲ € 845,455 |
| Retained profit | € 41,214 | € 74,086 | € 106,106 | € -70,812 | ▼ € 176,918 |
| Dividend | € 5,000 | € 5,000 | € 0 | € 0 | |
| Bank debt | € 102,447 | € 146,488 | € 142,259 | € 1,347,475 | ▲ € 1.2 million |
| Balance sheet total | € 204,758 | € 313,812 | € 401,179 | € 1,954,705 | ▲ € 1.6 million |
Key figures of ULLENS & CO, 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 ULLENS & CO?
What happened at ULLENS & CO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 176,918 (▼ € 208,938 vs 2023). filed late Source: NBB ↗
- New establishment in Silly. KBO
- Start of the company according to the CBE. KBO
In short
From € 25,608 profit in 2021 to € 176,918 loss in 2024.
Paid € 26,149 in corporate taxes since 2021.
Best year ever: 2022, with € 37,872 profit.
Paid out € 10,000 in dividends to the owners in total.
A new publication or filing at ULLENS & CO? We notify you, reason included.
Follow ULLENS & CODatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Establishments
Establishment units
Physical locations of this company
Kasteleinsplein 23
1050 Elsene
Rue des Ecoles(Bassil) 23
7830 Silly
Active since 21 September 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 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
- 0656.558.257
- VAT number
- BE 0656.558.257
- Registered office
- Kasteleinsplein 23, 1050 Elsene
- Names & denominations
- ULLENS & CO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 10 June 2016
- Peppol
- Active · Active since 16 Jul 2025
- Activities · NACE
Overige dienstverlenende activiteiten op het gebied van informatie
Overige dienstverlenende activiteiten op het gebied van informatie, n.e. g.
Ontwikkeling van residentiële bouwprojecten