Financials
Financial year 2025
ULUDAG from Lokeren, company number BE0737378162, closed financial year 2025 with a result of € 51,468 after tax. For that financial year ULUDAG recorded revenue of € 411,138 and equity of € 80,056. Compared with financial year 2024, the result moved from € -47,115 to € 51,468. Profitable, and profit is growing. 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 June 2, 2026.
€ 80,056
▲ 180% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 51,468
▲ still € 47,115 loss in 2024
Profit after tax over the fiscal year.
€ 7,033
▼ 35% 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 € 77,556.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 11,309
▲ € 10,182 vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 7,819
▼ 39% vs 2024
Of which on lease € 4,774.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 83,180
▲ 268% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 17,322
▼ 7% 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 | |
|---|---|---|---|---|---|
| Revenue | € 276,224 | € 255,626 | € 237,020 | € 411,138 | ▲ 73% |
| Gross margin | € 41,965 | € 26,707 | € -35,351 | € 89,554 | ▲ € 124,904 |
| Profit after taxes | € 24,791 | € 357 | € -47,115 | € 51,468 | ▲ € 98,583 |
| Equity | € 75,346 | € 75,703 | € 28,588 | € 80,056 | ▲ 180% |
| Total debts | € 46,898 | € 36,508 | € 53,401 | € 109,381 | ▲ 105% |
| Cash | € 66,371 | € 41,361 | € 10,888 | € 7,033 | ▼ 35% |
| Retained profit | € 72,846 | € 73,203 | € 26,088 | € 77,556 | ▲ 197% |
| Bank debt | € 13,703 | € 9,062 | € 4,708 | € 0 | ▼ 100% |
| Balance sheet total | € 122,244 | € 112,212 | € 81,989 | € 189,437 | ▲ 131% |
By revenue, ULUDAG ranks 2nd of 4 companies with main activity “Algemene bouw van residentiële gebouwen” in Lokeren that publish figures (fiscal year 2025).
Key figures of ULUDAG, 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.
Ask about ULUDAG the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to ULUDAG?
What happened at ULUDAG in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 51,468. Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Lokeren. KBO
- Erdogan Uludag became a director. NBB
In short
From € 24,791 profit in 2022 to € 51,468 profit in 2025.
Paid € 25,433 in corporate taxes since 2022.
Best year ever: 2025, with € 51,468 profit.
Management
Behind ULUDAG is Erdogan Uludag.
Directors
According to the 2025 annual accounts
Erdogan Uludag
Director
since 2019
Establishments
Establishment units
Physical locations of this company
Zelestraat 162
9160 Lokeren
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in Lokeren
Same main activity (Algemene bouw van residentiële gebouwen), 64 active companies in Lokeren, largest first.
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€ 1.9 million gross margin · 2025
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Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- ULUDAG Erdogan(oprichter) 100%
Details
- Company number
- 0737.378.162
- VAT number
- BE 0737.378.162
- Registered office
- Zelestraat 162, 9160 Lokeren
- Names & denominations
- ULUDAG
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 November 2019
- Peppol
- Active · Active since 2 Apr 2025
- Activities · NACE
Algemene bouw van residentiële gebouwen
Bouwrijp maken van terreinen
Plaatsen van behang en vloerbedekking en wandbekleding van andere materialen
Vervaardiging van ander schrijn- en timmerwerk
Schrijnwerk
Vervaardiging van kunststofartikelen voor de bouw