ULBIKE
ActiveSummary
The computed 12-month bankruptcy probability of ULBIKE is 2.3% (moderate). The 2024 annual accounts show equity of €9k and a net result of €9k. Its solvency ranks better than 36% of 26043 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes
Profitability66
Solvency41
Growth-
Track record67
Bankruptcy probability, 12 months
2.3%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
16.2%
Return on assets
16.9%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 20-08-2025, 20 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 · 1 filingDeviation from the deadline
2024
20 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€9k
Total assets
€55k
Net result
€9k
Working capital
€15k
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
Assets €55k
Fixed assets
€9k
Current assets
€46k
Equity and liabilities €55k
Equity
€9k
Debt
€46k
Debt finances 83.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€14k
Cash flow
€10k
Current ratio
1.50
Quick ratio
0.14
Debt to equity
5.18
ROE
104.4%
ROA
16.9%
Interest coverage
3.08
Debt ≤ 1 year
€31k
Debt > 1 year
€15k
Income taxes
€1k
Filed annual accounts As filed with the NBB · 2024 · 46 lines
Balance sheet
Code2024
Assets
Total assets20/58€55k
Fixed assets21/28€9k
Tangible fixed assets22/27€9k
Land and buildings22€8k
Plant, machinery and equipment23€93
Furniture and vehicles24€264
Current assets29/58€46k
Stocks and contracts in progress3€42k
Stocks30/36€42k
Amounts receivable within one year40/41€49
Other amounts receivable41€49
Cash at bank and in hand54/58€4k
Deferred charges and accrued income490/1€62
Equity and liabilities
Total equity and liabilities10/49€55k
Equity10/15€9k
Contributions10/11€4k
Reserves13€5k
Distributable reserves133€5k
Amounts payable17/49€46k
Amounts payable after more than one year17€15k
Financial debts170/4€15k
Amounts payable within one year42/48€31k
Trade debts44€3k
Suppliers440/4€3k
Taxes, remuneration and social security45€10k
Taxes450/3€10k
Other amounts payable47/48€18k
Accrued charges and deferred income492/3€60
Income statement
Code2024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k
Other operating charges640/8€1k
Non-recurring operating charges66A€9k
Gross operating margin9900€25k
Operating profit (loss)9901€13k
Financial income75/76B€2k
Recurring financial income75€2k
Financial charges65/66B€5k
Recurring financial charges65€5k
Profit (loss) for the period before taxes9903€11k
Income taxes67/77€1k
Profit (loss) for the period9904€9k
Profit (loss) for the period to be appropriated9905€9k
Appropriation of the result
Profit (loss) to be appropriated9906€9k
Transfer to equity691/2€5k
To the legal reserve6920€5k
Profit to be distributed694/7€4k
Directors or managers695€4k
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2024 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1k |
| Other operating charges640/8 | €1k |
| Non-recurring operating charges66A | €9k |
| Gross operating margin9900 | €25k |
| Operating profit (loss)9901 | €13k |
| Financial income75/76B | €2k |
| Recurring financial income75 | €2k |
| Financial charges65/66B | €5k |
| Recurring financial charges65 | €5k |
| Profit (loss) for the period before taxes9903 | €11k |
| Income taxes67/77 | €1k |
| Profit (loss) for the period9904 | €9k |
| Profit (loss) for the period to be appropriated9905 | €9k |
| Line | 2024 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €55k | |
| Fixed assets21/28 | €9k | |
| Tangible fixed assets22/27 | €9k | |
| Land and buildings22 | €8k | |
| Plant, machinery and equipment23 | €93 | |
| Furniture and vehicles24 | €264 | |
| Current assets29/58 | €46k | |
| Stocks and contracts in progress3 | €42k | |
| Stocks30/36 | €42k | |
| Amounts receivable within one year40/41 | €49 | |
| Other amounts receivable41 | €49 | |
| Cash at bank and in hand54/58 | €4k | |
| Deferred charges and accrued income490/1 | €62 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €55k | |
| Equity10/15 | €9k | |
| Contributions10/11 | €4k | |
| Reserves13 | €5k | |
| Distributable reserves133 | €5k | |
| Amounts payable17/49 | €46k | |
| Amounts payable after more than one year17 | €15k | |
| Financial debts170/4 | €15k | |
| Amounts payable within one year42/48 | €31k | |
| Trade debts44 | €3k | |
| Suppliers440/4 | €3k | |
| Taxes, remuneration and social security45 | €10k | |
| Taxes450/3 | €10k | |
| Other amounts payable47/48 | €18k | |
| Accrued charges and deferred income492/3 | €60 | |
| Line | 2024 |
|---|---|
| Profit (loss) for the period9904 | €9k |
| + Depreciation and write-downs630 | €1k |
| Operating cash flow (approximation) | €10k |
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
20-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 20 days late
NBB filing
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Hasselt · 1 establishment unit since 2023
Ground area
816 m²
Building footprint
325 m²
Volume, LiDAR
1,197 m³
Parcel 73040C0850/00G000, Flanders · tallest building 13.3 m, ±1 floor. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
ULBIKE
since 20232.350.922.880
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 73040C0850/00G000 | Flanders | 816 m² | 1 · 325 m² | 13.2 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteWellen2.350.922.880
Similar companies · same sector, comparable size
SAITTA
BE 0768.921.869
Namur · Eq €8,607
Bike Studio
BE 0792.696.371
Wijnegem · Eq €8,354
TRUST COMPONENTS
BE 0697.763.758
Fernelmont · Eq €9,496
STER*BIKE
BE 0778.549.813
Zaventem · Eq €9,526
SHADOW CONCEPT
BE 0738.715.376
Nivelles · Eq €8,223
Of 1,468 companies in sector 47632 we hold annual accounts for 733. 216 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded17-10-2023
Fiscal year end31-12
Activities, NACEBEL 2025
47632Retail sale of bicycles
77210Renting and leasing of sports and recreation goods
82990Other business support services
95290Repair and maintenance of other personal and household goods
Scores and ratios are computed by Checked and are not a credit decision.