Financials
Financial year 2025
ULPOWER AERO ENGINES from Ieper, company number BE0880044475, closed financial year 2025 with a result of € 788,675 after tax. For that financial year ULPOWER AERO ENGINES recorded a gross margin of € 1.2 million and equity of € 2 million. Compared with financial year 2024, the result moved from € 137,743 to € 788,675. 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 July 20, 2026.
€ 2 million
▲ 67% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 788,675
▲ € 650,932 vs 2024
Profit after tax over the fiscal year.
€ 356,397
▼ 58% 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 € 1.7 million.
People and assets in 2025
2.6
▲ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 157,689
▲ 35% vs 2024
€ 60,600 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.
€ 15,594
▼ 29% 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.
€ 182,200
▲ 14% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 54,889
▲ 292% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 432,197 | € 549,892 | € 444,732 | € 1,171,484 | ▲ 163% |
| Profit after taxes | € 213,240 | € 227,499 | € 137,743 | € 788,675 | ▲ € 650,932 |
| Equity | € 808,505 | € 1,036,004 | € 1,173,747 | € 1,962,422 | ▲ 67% |
| Total debts | € 811,340 | € 785,256 | € 1,086,054 | € 561,143 | ▼ 48% |
| Cash | € 211,387 | € 213,708 | € 855,765 | € 356,397 | ▼ 58% |
| Retained profit | € 512,255 | € 739,754 | € 877,497 | € 1,666,172 | ▲ 90% |
| Balance sheet total | € 1,619,846 | € 1,821,260 | € 2,259,802 | € 2,523,565 | ▲ 12% |
| Employees (FTE) | 1.8 | 1.8 | 1.8 | 2.6 | ▲ 0.8 |
Key figures of ULPOWER AERO ENGINES, 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 ULPOWER AERO ENGINES?
What happened at ULPOWER AERO ENGINES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 788,675 (▲ € 650,932 vs 2024). Source: NBB ↗
- New establishment in Ieper. KBO
- Start of the company according to the CBE. KBO
In short
From € 213,240 profit in 2022 to € 788,675 profit in 2025.
Paid € 298,949 in corporate taxes since 2022.
Best year ever: 2025, with € 788,675 profit.
On average € 450,600 of value added per employee in 2025.
A new publication or filing at ULPOWER AERO ENGINES? We notify you, reason included.
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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
The stake of ROPA, DR. TUNING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
ULPOWER AERO ENGINESBehind ULPOWER AERO ENGINES are Patrick Denorme, SPARK ENGINES BVBA and ROPA NV. The shares are held by ROPA (25%) and DR. TUNING (18.5%).
Directors
According to the 2025 annual accounts
Patrick Denorme
Managing director
Director · represented by Pascal D'hondt
Director · represented by Nicolas Josson
Shareholders
25%
18.5%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Zonnebeekseweg 379
8900 Ieper
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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
ulpower.com
Registered
2004-04-05
Registrar
Combell NV
Expires
2026-04-05
Website info
Features
Security
Network
Details
- Company number
- 0880.044.475
- VAT number
- BE 0880.044.475
- Registered office
- Zonnebeekseweg 379, 8900 Ieper
- Names & denominations
- ULPOWER AERO ENGINES · ULPOWER
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 March 2006
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- ulpower.com
- Activities · NACE
Vervaardiging van civiele lucht- en ruimtevaartuigen en van toestellen in verband daarmee
Vervaardiging van lucht- en ruimtevaartuigen
Vervaardiging van lucht- en ruimtevaartuigen en van toestellen in verband daarmee