ULENS TECHNOLOGY
ULENS TECHNOLOGY has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €259k and a net result of €13k. Equity is growing by ~3.9% per year across the filed fiscal years. Its solvency ranks better than 73% of 26547 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
| Equity | €259k |
| Net result | €13k |
| Staff (FTE) | 1.3 |
| Better than sector | 73% |
Strong profile, led by solvency.
All 5 axes are computed from data Checked has read.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 68.9% | 47.4% | |
| Net result | €13k | €10k | |
| Equity | €259k | €60k | |
| Gross operating margin | €83k | €39k | |
| Staff costs | €55k | €40k |
Figures by fiscal year and ratios
| Fiscal year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Deposit | micro schema | micro schema | micro schema | micro schema | micro schema |
| Revenue | - | - | - | - | - |
| EBITDA | €26k | €29k | €24k | €18k | €24k |
| Net profit | €13k | €14k | €12k | €11k | €11k |
| Cash flow | €20k | €20k | €17k | €16k | €19k |
| Staff costs | €55k | €47k | €41k | €35k | €35k |
| Income taxes | €6k | €6k | €6k | €6k | €6k |
| Dividends | €80k | - | - | - | €43k |
| Total assets | €376k | €371k | €401k | €388k | €402k |
| Equity | €259k | €325k | €311k | €300k | €288k |
| Debt | €117k | €46k | €90k | €88k | €114k |
| of which ≤ 1y | €117k | €46k | €90k | €88k | €110k |
| of which > 1y | - | - | - | - | €3k |
| Working capital | €248k | €310k | €296k | €291k | €282k |
| Employees (FTE) | 1.3 | 1.3 | 1.0 | 1.0 | 1.0 |
| 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
| Current ratio | 3.12 | 7.80 | 4.31 | 4.29 | 3.56 |
| Quick ratio | 2.56 | 5.78 | 3.32 | 3.57 | 3.11 |
| Working capital ratio | 66.0% | 83.6% | 73.9% | 75.0% | 70.1% |
| Solvency | 68.9% | 87.7% | 77.7% | 77.2% | 71.7% |
| Debt / equity | 0.45 | 0.14 | 0.29 | 0.29 | 0.39 |
| Long-term debt ratio | - | - | - | - | 0.01 |
| Interest coverage | 38.58 | 9.76 | 62.76 | 18.02 | 41.87 |
| Gross margin | - | - | - | - | - |
| Net margin | - | - | - | - | - |
| ROA | 3.5% | 3.8% | 2.9% | 2.9% | 2.7% |
| ROE | 5.0% | 4.4% | 3.8% | 3.7% | 3.8% |
| EBITDA margin | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - |
| Inventory turnover | - | - | - | - | - |
| Days inventory (DSI) | - | - | - | - | - |
Full annual accounts (25 line items)
| Line item | Code | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet, Assets | ||||||
| TOTAL ASSETS | 20/58 | €376k | €371k | €401k | €388k | €402k |
| Fixed assets | 21/28 | €11k | €15k | €15k | €9k | €10k |
| Intangible fixed assets | 21 | €522 | €0 | - | - | - |
| Tangible fixed assets | 22/27 | €10k | €15k | €15k | €9k | €10k |
| Financial fixed assets | 28 | €51 | €51 | €51 | €51 | €51 |
| Current assets | 29/58 | €365k | €356k | €386k | €379k | €392k |
| Stocks & contracts in progress | 3 | €65k | €92k | €88k | €64k | €49k |
| Amounts receivable within one year | 40/41 | €199k | €155k | €150k | €201k | €206k |
| Cash & bank | 54/58 | €38k | €36k | €63k | €21k | €32k |
| Balance sheet, Equity & liabilities | ||||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €376k | €371k | €401k | €388k | €402k |
| Equity | 10/15 | €259k | €325k | €311k | €300k | €288k |
| Contributions / capital | 10/11 | €6k | €6k | €6k | €6k | €6k |
| Reserves | 13 | €253k | €319k | €305k | €293k | €282k |
| Amounts payable | 17/49 | €117k | €46k | €90k | €88k | €114k |
| Amounts payable after one year | 17 | - | - | - | - | €3k |
| Amounts payable within one year | 42/48 | €117k | €46k | €90k | €88k | €110k |
| Trade debts payable within one year | 44 | €46k | €34k | €66k | €50k | €65k |
| Income statement | ||||||
| Gross operating margin | 9900 | €83k | €77k | €67k | €57k | €60k |
| Operating result | 9901 | €19k | €22k | €19k | €14k | €16k |
| Financial income | 75 | €1k | €986 | €1k | €4k | €1k |
| Financial charges | 65 | €681 | €3k | €388 | €1k | €569 |
| Result before taxes | 9903 | €19k | €20k | €18k | €17k | €16k |
| Income taxes | 67/77 | €6k | €6k | €6k | €6k | €6k |
| Net result for the period | 9904 | €13k | €14k | €12k | €11k | €11k |
| Result to be appropriated | 9905 | €13k | €14k | €12k | €11k | €11k |
| NACE primary | General electrical installation work(43211) |
| Legal form | Private limited company(610) |
| Incorporation | 12-03-2001 |
| Status | Active |
| Postal code | 3460 |
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24008H0099/00R000 | Flanders | 1,334 m² | 1 · 182 m² | 6.7 m · 2 fl. |
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.
01-02-2024 Discharge granted to the board
Technical details
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}| Legal nameNL | ULENS TECHNOLOGY |