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 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 7 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ULM BLUE SKY from Braine-le-Château, company number BE0713657110, closed financial year 2025 with a result of € 9,411 after tax. For that financial year ULM BLUE SKY recorded a gross margin of € 10,706 and equity of € -12,942. Compared with financial year 2024, the result moved from € -5,854 to € 9,411. Profitable, and profit is growing. 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 October 21, 2025.
€ -12,942
▲ € 9,411 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 9,411
▲ still € 5,854 loss in 2024
Profit after tax over the fiscal year.
€ 3,574
▲ € 3,325 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 € -32,942.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 37
▼ 86% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 3,377
Supplier invoices still open on the last day of the fiscal year.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -3,252 | € -1,482 | € -2,246 | € 10,706 | ▲ € 12,952 |
| Profit after taxes | € -7,192 | € -5,867 | € -5,854 | € 9,411 | ▲ € 15,265 |
| Equity | € -10,633 | € -16,499 | € -22,354 | € -12,942 | ▲ € 9,411 |
| Total debts | € 173,881 | € 180,612 | € 181,050 | € 176,210 | ▼ 3% |
| Cash | € 5,953 | € 6,467 | € 249 | € 3,574 | ▲ € 3,325 |
| Retained profit | € -30,633 | € -36,499 | € -42,354 | € -32,942 | ▲ € 9,411 |
| Balance sheet total | € 163,248 | € 164,112 | € 158,696 | € 163,268 | ▲ 3% |
Key figures of ULM BLUE SKY, 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 October 2026.
What happened to ULM BLUE SKY?
What happened at ULM BLUE SKY in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 9,411. Source: NBB ↗
- New establishment in Braine-le-Château. KBO
- Christian Guyaux became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 7,192 loss in 2022 to € 9,411 profit in 2025.
Best year ever: 2025, with € 9,411 profit.
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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
Management
Behind ULM BLUE SKY is Christian Guyaux.
Directors
According to the 2025 annual accounts
Christian Guyaux
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Rue du Ruisseau(W-B) 11
1440 Braine-le-Château
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0713.657.110
- VAT number
- BE 0713.657.110
- Registered office
- Rue du Ruisseau(W-B) 11, 1440 Braine-le-Château
- Names & denominations
- ULM BLUE SKY
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 November 2018
- Peppol
- Active · Active since 22 Jul 2025
- Activities · NACE
Personenvervoer door de lucht
Activiteiten van overige sportclubs
Beroepsopleiding
Vlieg- en vaaronderricht
Verhuur en lease van luchtvaartuigen
Goederenvervoer door de lucht