A.U.L.
ActiveSummary
The computed 12-month bankruptcy probability of A.U.L. is 1.7% (moderate). The 2024 annual accounts show negative equity (€-2.40M) and a net result of €-415k. Equity is shrinking by ~19.6% per year across the filed fiscal years. The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability21▼-1
Solvency7▼-2
Growth58=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.01 against 0.04 in 2023; short-term debt: 101.7% and cash: 0.8% of total assets), and equity is negative.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
-18.1%
Return on assets
-3.1%
Age of the figures
21 mo
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-2.40M
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-08-2025, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
28 d late
2023
20 d late
2022
72 d late
2021
92 d late
2020
94 d late
2019
123 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Accepting this client? The AML file with identity, beneficial owners and sanctions lists.AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Roughly what is this company worth?Value indication
Financials · fiscal year 2024, micro schema
Equity
€-2.40M▼ 20.9%
2023 · €-1.99M
Total assets
€13.26M▲ 3.7%
2023 · €12.78M
Net result
€-415k▼ 7.7%
2023 · €-385k
Working capital
€-13.38M▼ 109%
2023 · €-6.39M
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€-232k▼ 38.4%€54k€-98k€-3k▲ 97.3%€-20k▼ 643%
Net result€-371k▼ 42.3%€-78k▲ 79.1%€-237k▼ 206%€-385k▼ 62.4%€-415k▼ 7.7%
Equity€-1.29M▼ 40.5%€-1.36M▼ 6.0%€-1.60M▼ 17.4%€-1.99M▼ 24.1%€-2.40M▼ 20.9%
Total assets€9.61M▲ 17.4%€9.33M▼ 2.9%€11.71M▲ 25.5%€12.78M▲ 9.1%€13.26M▲ 3.7%
Debt€10.90M▲ 19.7%€10.70M▼ 1.8%€13.31M▲ 24.4%€14.77M▲ 10.9%€15.66M▲ 6.0%
Working capital€-1.16M▼ 9.4%€-963k▲ 16.9%€-2.32M▼ 141%€-6.39M▼ 176%€-13.38M▼ 109%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €20k in 2024 against €3k in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €13.26M
Fixed assets
€13.15M ▲ 5.2%
Current assets
€108k ▼ 61.8%
Key figures and ratios
EBITDA
€319k▲
2023 · €315k
Cash flow
€-77k▼
2023 · €-68k
Solvency
-18.1%▼
2023 · -15.6%
Current ratio
0.01▼
2023 · 0.04
Debt to equity
-6.52▲
2023 · -7.43
ROA
-3.1%▼
2023 · -3.0%
Interest coverage
0.72▼
2023 · 0.82
Debt ≤ 1 year
€13.48M▲
2023 · €6.67M
Debt > 1 year
€2.18M▼
2023 · €8.07M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €226k | €247k | €350k | €317k | €339k | ▲ 6.7% |
| Other operating charges640/8 | - | €2k | €22k | €37k | €41k | ▲ 8.7% |
| Non-recurring operating charges66A | - | - | - | - | €4k | - |
| Gross operating margin9900 | €-6k | €303k | €274k | €352k | €364k | ▲ 3.4% |
| Operating profit (loss)9901 | €-232k | €54k | €-98k | €-3k | €-20k | ▼ 643% |
| Financial income75/76B | - | - | - | - | €47k | - |
| Recurring financial income75 | - | - | - | - | €47k | - |
| Financial charges65/66B | - | €132k | €139k | €383k | €442k | ▲ 15.5% |
| Recurring financial charges65 | €138k | €132k | €139k | €383k | €442k | ▲ 15.5% |
| Profit (loss) for the period before taxes9903 | €-371k | €-78k | €-237k | €-385k | €-415k | ▼ 7.7% |
| Profit (loss) for the period9904 | €-371k | €-78k | €-237k | €-385k | €-415k | ▼ 7.7% |
| Profit (loss) for the period to be appropriated9905 | €-371k | €-78k | €-237k | €-385k | €-415k | ▼ 7.7% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €9.61M | €9.33M | €11.71M | €12.78M | €13.26M | ▲ 3.7% |
| Fixed assets21/28 | €9.50M | €9.25M | €11.39M | €12.50M | €13.15M | ▲ 5.2% |
| Tangible fixed assets22/27 | €9.50M | €9.25M | €11.39M | €11.07M | €11.21M | ▲ 1.2% |
| Land and buildings22 | - | €9.25M | €11.39M | €11.07M | €11.21M | ▲ 1.2% |
| Financial fixed assets28 | - | - | - | €1.43M | €1.94M | ▲ 36.1% |
| Current assets29/58 | €113k | €84k | €326k | €283k | €108k | ▼ 61.8% |
| Amounts receivable within one year40/41 | €4k | €4k | - | - | - | - |
| Other amounts receivable41 | - | €4k | - | - | - | - |
| Cash at bank and in hand54/58 | €109k | €80k | €326k | €283k | €108k | ▼ 61.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €9.61M | €9.33M | €11.71M | €12.78M | €13.26M | ▲ 3.7% |
| Equity10/15 | €-1.29M | €-1.36M | €-1.60M | €-1.99M | €-2.40M | ▼ 20.9% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Profit (loss) carried forward14 | €-1.31M | €-1.38M | €-1.62M | €-2.01M | €-2.42M | ▼ 20.7% |
| Amounts payable17/49 | €10.90M | €10.70M | €13.31M | €14.77M | €15.66M | ▲ 6.0% |
| Amounts payable after more than one year17 | €9.59M | €9.61M | €10.63M | €8.07M | €2.18M | ▼ 73.0% |
| Financial debts170/4 | - | €9.61M | €10.63M | €8.07M | €2.18M | ▼ 73.0% |
| Amounts payable within one year42/48 | €1.27M | €1.05M | €2.64M | €6.67M | €13.48M | ▲ 102% |
| Current portion of amounts payable after more than one year42 | - | €274k | €363k | €343k | €5.95M | ▲ 1,632% |
| Financial debts43 | - | €750k | €2.25M | €2.25M | €2.25M | = |
| Credit institutions430/8 | - | €750k | €2.25M | €2.25M | €2.25M | = |
| Trade debts44 | €114k | €17k | €20k | €13k | €20k | ▲ 49.9% |
| Suppliers440/4 | - | €17k | €20k | €13k | €20k | ▲ 49.9% |
| Other amounts payable47/48 | - | €5k | €9k | €4.06M | €5.26M | ▲ 29.5% |
| Accrued charges and deferred income492/3 | - | €37k | €43k | €25k | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-371k | €-78k | €-237k | €-385k | €-415k | ▼ 7.7% |
| + Depreciation and write-downs630 | €226k | €247k | €350k | €317k | €339k | ▲ 6.7% |
| Operating cash flow (approximation) | €-145k | €169k | €112k | €-68k | €-77k | ▼ 12.4% |
| Investment in fixed assets (approximation) | - | €0 | €-2.49M | €-1.43M | €-991k | ▲ 30.6% |
| Change in cash | - | €-29k | €245k | €-43k | €-175k | ▼ 306% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
2024
20-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 20 days late
2023
11-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 72 days late
2022
31-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 92 days late
2021
02-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 94 days late
2020
01-12
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 123 days late
2019
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 61 days late
NBB filing
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2017
Ground area
817 m²
Building footprint
334 m²
Volume, LiDAR
4,108 m³
Parcel 11810K1935/00X007, Flanders · tallest building 33.4 m, ±5 floors. Linked by address, not a title deed.
18
companies at this address
See who is registered here
1 establishment unit
Kielsevest 14, 2018 Antwerpen
since 20172.264.192.608
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K1935/00X007 | Flanders | 817 m² | 1 · 333 m² | 33.4 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded27-03-2017
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.