Be-ULAB is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €708k and a net result of €79k. Equity is growing by ~24.2% per year across the filed fiscal years. Its solvency ranks better than 47% of 2389 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 24-10-2025, 7 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
7 d early
2024
16 d early
2023
8 d early
2022
39 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close21-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, full schema
Equity
€708k▲ 12.6%
2024 · €629k
2022: €335k
2023: €479k
2024: €629k
2022 → 2025
Net result
€79k▼ 47.2%
2024 · €149k
2022: €119k
2023: €144k
2024: €149k
2022 → 2025
Total assets
€1.22M▼ 2.5%
2024 · €1.25M
2022: €1.20M
2023: €1.21M
2024: €1.25M
2022 → 2025
Solvency
58.1%▲ 7.8pp
2024 · 50.3%
2022: 27.9%
2023: 39.6%
2024: 50.3%
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€335k-€479k▲ 43.1%€629k▲ 31.2%€708k▲ 12.6%
Operating result€37k-€156k▲ 317%€162k▲ 3.7%€94k▼ 41.7%
Net result€119k-€144k▲ 21.7%€149k▲ 3.4%€79k▼ 47.2%
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 42% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.22M
Fixed assets
€1.12M=
Current assets
€102k▼ 23.3%
Equity and liabilities €1.22M
Equity
€708k▲ 12.6%
Debt
€510k▼ 17.7%
The debt ratio falls from 49.7% to 41.9%. Equity is higher and debt is lower.
Key figures and ratios
Solvency
58.1%▲
2024 · 50.3%
ROE
11.2%▼
2024 · 23.8%
ROA
6.5%▼
2024 · 12.0%
Debt
€510k▼
2024 · €620k
Debt ≤ 1 year
€230k▲
2024 · €200k
Debt > 1 year
€281k▼
2024 · €420k
Income taxes
€12k▲
2024 · €9k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€1.25M€1.22M▼
Fixed assets21/28€1.12M€1.12M=
Financial fixed assets28€1.12M€1.12M=
Current assets29/58€133k€102k▼
Amounts receivable within one year40/41€131k€99k▼
Trade receivables40€14k€14k=
Other amounts receivable41€118k€85k▼
Cash at bank and in hand54/58€1k€3k▲
Equity and liabilities
Total equity and liabilities10/49€1.25M€1.22M▼
Equity10/15€629k€708k▲
Contributions10/11€216k€216k=
Capital10€216k€216k=
Issued capital100€216k€216k=
Reserves13€22k€22k=
Non-distributable reserves130/1€22k€22k=
Legal reserve130€22k€22k=
Profit (loss) carried forward14€391k€470k▲
Amounts payable17/49€620k€510k▼
Amounts payable after more than one year17€420k€281k▼
Financial debts170/4€420k€281k▼
Amounts payable within one year42/48€200k€230k▲
Current portion of amounts payable after more than one year42€138k€139k▲
Trade debts44€2k€7k▲
Suppliers440/4€2k€7k▲
Taxes, remuneration and social security45€16k€19k▲
Taxes450/3€16k€19k▲
Other amounts payable47/48€44k€65k▲
Income statement
Code20242025
Gross operating margin9900€162k€94k▼
Operating profit (loss)9901€162k€94k▼
Financial charges65/66B€4k€3k▼
Recurring financial charges65€4k€3k▼
Profit (loss) for the period before taxes9903€158k€91k▼
Income taxes67/77€9k€12k▲
Profit (loss) for the period9904€149k€79k▼
Profit (loss) for the period to be appropriated9905€149k€79k▼
Appropriation of the result
Profit (loss) to be appropriated9906€391k€470k▲
Profit (loss) brought forward from the previous period14P€241k€391k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
24-10
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
31-03
Financial
Weakest financial yearnet €79k ▼47.2%
Net result drops to €79k, the lowest in the series.
2024
15-10
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
31-03
Financial
Highest result since 2022net €149k ▲3.4%
Operating result €162k, net result €149k, both a record.
31-03
Financial
Equity above €500kEq €629k ▲31.2%
3 profitable years in a row build equity to €629k.
2023
23-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
22-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Braine-l'Alleud · 1 establishment unit since 2021
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue des Badauds 181428 Braine-l'AlleudGround area
942 m²
Building footprint
85 m²
Volume, LiDAR
492 m³
Parcel 25054A0010/00A003, Wallonia · tallest building 7.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Be-ULAB
since 20212.314.062.682
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25054A0010/00A003 | Wallonia | 942 m² | 1 · 85 m² | 7.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,762. 13,321 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded05-03-2021
Fiscal year end31-03
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:beh@a-ulab.com
Phone:+32471385145