Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 61 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
ULIS 4.0. from Thuin, company number BE0731965364, closed financial year 2025 with a result of € 25,591 after tax. For that financial year ULIS 4.0. recorded a gross margin of € 1.6 million and equity of € 2.7 million. Compared with financial year 2024, the result moved from € 240,438 to € 25,591. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 7, 2026.
€ 2.7 million
▲ 15% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 25,591
▼ 89% vs 2024
Profit after tax over the fiscal year.
€ 306,946
▼ 42% 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 € 2.3 million.
People and assets in 2025
22.3
▼ 0.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.2 million
▲ 3% vs 2024
€ 52,000 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 34,975
▲ 7% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.7 million
▲ 106% vs 2024
€ 633,977 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 567,716
▲ € 485,521 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 179,808
▲ 2% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,605,252 | € 1,917,431 | € 1,740,922 | € 1,572,272 | ▼ 10% |
| Profit after taxes | € 413,084 | € 602,449 | € 240,438 | € 25,591 | ▼ 89% |
| Equity | € 1,557,022 | € 2,109,934 | € 2,357,691 | € 2,709,979 | ▲ 15% |
| Total debts | € 698,889 | € 1,275,102 | € 1,588,802 | € 3,487,614 | ▲ 120% |
| Cash | € 353,489 | € 241,852 | € 528,516 | € 306,946 | ▼ 42% |
| Retained profit | € 1,453,901 | € 2,012,287 | € 2,252,725 | € 2,278,316 | ▲ 1% |
| Bank debt | € 168,086 | € 125,234 | € 1,329,013 | € 2,738,696 | ▲ 106% |
| Balance sheet total | € 2,255,911 | € 3,385,036 | € 3,946,493 | € 6,197,593 | ▲ 57% |
| Employees (FTE) | 19.8 | 19.4 | 22.7 | 22.3 | ▼ 0.4 |
Key figures of ULIS 4.0., 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 ULIS 4.0.?
What happened at ULIS 4.0. in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Concept & Forme Développements SA stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 25,591 (▼ 89% vs 2024). Source: NBB ↗
- Concept & Forme Développements SA became a director. NBB
- New establishment in Thuin. KBO
- Start of the company according to the CBE. KBO
In short
From € 413,084 profit in 2022 to € 25,591 profit in 2025.
Paid € 447,686 in corporate taxes since 2022.
Best year ever: 2023, with € 602,449 profit.
On average € 70,500 of value added per employee in 2025.
Management
The stake of CONCEPT & FORME DEVELOPPEMENTS comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ULIS 4.0.The shares are held by CONCEPT & FORME DEVELOPPEMENTS (100%).
Directors
According to the 2025 annual accounts
Concept & Forme Développements SA
Director · represented by Michaël Debehogne
Also active at: Stûv, NAMUR INVEST, NAMUR INVEST PREFACE, NAMUR INVEST INNOVATION ET CROISSANCE, Namur invest immo lease, NAMUR INVEST CAPITAL RISQUE, NAMUR INVEST CAPITAL RISQUE, NAMUR INVEST FINANCEMENT PME
since 2025 · until 2031
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Avenue DELI XL 10
6530 Thuin
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0731.965.364
- VAT number
- BE 0731.965.364
- Registered office
- Avenue DELI XL 10, 6530 Thuin
- Names & denominations
- ULIS 4.0.
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 August 2019
- Peppol
- Active · Active since 6 Jan 2026
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