Financials
Financial year 2025
ULM SERVICES from Genappe, company number BE0767639588, closed financial year 2025 with a result of € 60 after tax. For that financial year ULM SERVICES recorded a gross margin of € 145,323 and equity of € 125,390. Compared with financial year 2024, the result moved from € 11,712 to € 60. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 20, 2026.
€ 125,390
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 60
▼ 99% vs 2024
Profit after tax over the fiscal year.
€ 66,400
▲ 173% 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 € 120,390.
People and assets in 2025
€ 109,064
▲ 6% 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.
€ 57,635
▼ 26% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 289,947
▼ 7% vs 2024
€ 18,031 is repaid this year. At this pace the long-term loan is gone in ≈ 16 years.
€ 22,734
▼ 66% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 38,922
▲ 49% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 234,703 | € 98,765 | € 155,281 | € 145,323 | ▼ 6% |
| Profit after taxes | € 105,344 | € 3,274 | € 11,712 | € 60 | ▼ 99% |
| Equity | € 110,344 | € 113,618 | € 125,331 | € 125,390 | |
| Total debts | € 436,049 | € 515,590 | € 450,591 | € 497,186 | ▲ 10% |
| Cash | € 28,521 | € 51,004 | € 24,293 | € 66,400 | ▲ 173% |
| Retained profit | € 105,344 | € 108,618 | € 120,331 | € 120,390 | |
| Bank debt | € 239,955 | € 331,215 | € 311,623 | € 289,947 | ▼ 7% |
| Balance sheet total | € 546,393 | € 629,208 | € 575,921 | € 622,576 | ▲ 8% |
Key figures of ULM SERVICES, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to ULM SERVICES?
What happened at ULM SERVICES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 60 (▼ 99% vs 2024). Source: NBB ↗
- New establishment in Genappe. KBO
- CHRISTOPH CODDENS became a director. NBB
- DIDIER CODDENS became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 105,344 profit in 2022 to € 60 profit in 2025.
Paid € 39,349 in corporate taxes since 2022.
Best year ever: 2022, with € 105,344 profit.
Management
Behind ULM SERVICES are CHRISTOPH CODDENS and DIDIER CODDENS. The same people are also behind ULM BAISY-THY. CHRISTOPH CODDENS is also behind BRUSSELS HELI AIR.
Directors
According to the 2025 annual accounts
since 2021
since 2021
Establishments
Establishment units
Physical locations of this company
Route de Houtain 5
1470 Genappe
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0767.639.588
- VAT number
- BE 0767.639.588
- Registered office
- Route de Houtain 5, 1470 Genappe
- Names & denominations
- ULM SERVICES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 29 April 2021
- Peppol
- Active · Active since 26 Dec 2025
- Activities · NACE
Reparatie en onderhoud van civiele lucht- en ruimtevaartuigen
Verhuur en lease van luchtvaartuigen
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