ULEX
ActiveULEX has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.04M and a net result of €783k. Equity is growing by ~13.5% per year across the filed fiscal years. Its solvency ranks better than 59% of 862 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2025
73
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability92▲+7
Solvency73▲+4
Growth78=
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity ample (current ratio 2.08 against 1.83 in 2024; short-term debt: 33.5% and cash: 14.6% of total assets), but 51.7% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Sector 49
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
48.3%
Return on assets
18.6%
Age of the figures
9 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-04-2026, 114 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
114 d early
2024
22 d early
2023
7 d early
2022
20 d early
2021
34 d early
2020
4 d early
2019
31 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€783k▲ 50.2%
2024 · €521k
2018: €267k
2019: €133k
2020: €246k
2021: €640k
2022: €769k
2023: €591k
2024: €521k
2018 → 2025
Working capital
€1.53M▲ 19.0%
2024 · €1.29M
2018: €734k
2019: €792k
2020: €923k
2021: €988k
2022: €1.35M
2023: €1.66M
2024: €1.29M
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.13M-€1.49M▲ 32.7%€1.79M▲ 19.5%€1.76M▼ 1.6%€2.04M▲ 16.1%
Operating result€954k-€1.08M▲ 13.1%€827k▼ 23.4%€715k▼ 13.5%€1.09M▲ 51.9%
Net result€640k-€769k▲ 20.1%€591k▼ 23.0%€521k▼ 11.8%€783k▲ 50.2%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 52% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.22M
Fixed assets
€1.28M▲ 7.5%
Current assets
€2.94M▲ 3.8%
Equity and liabilities €4.22M
Equity
€2.04M▲ 16.1%
Debt
€2.18M▼ 3.9%
The debt ratio falls from 56.3% to 51.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€1.24M▲
2024 · €817k
Cash flow
€935k▲
2024 · €624k
Solvency
48.3%▲
2024 · 43.7%
Current ratio
2.08▲
2024 · 1.83
Quick ratio
2.08▲
2024 · 1.83
Debt / equity
1.07▼
2024 · 1.29
ROE
38.4%▲
2024 · 29.7%
ROA
18.6%▲
2024 · 13.0%
Interest coverage
15.13▲
2024 · 11.97
Debt
€2.18M▼
2024 · €2.27M
Debt ≤ 1 year
€1.41M▼
2024 · €1.55M
Debt > 1 year
€610k▼
2024 · €710k
Income taxes
€271k▲
2024 · €167k
Staff costs
€1.14M▲
2024 · €1.10M
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€4.02M€4.22M▲
Fixed assets21/28€1.19M€1.28M▲
Tangible fixed assets22/27€1.19M€1.28M▲
Land and buildings22€981k€1.05M▲
Furniture and vehicles24€206k€224k▲
Financial fixed assets28€150€150=
Current assets29/58€2.84M€2.94M▲
Amounts receivable after more than one year29€350k€350k=
Other amounts receivable291€350k€350k=
Amounts receivable within one year40/41€1.61M€1.43M▼
Trade receivables40€1.47M€1.31M▼
Other amounts receivable41€141k€127k▼
Current investments50/53€650k€500k▼
Cash at bank and in hand54/58€205k€616k▲
Deferred charges and accrued income490/1€17k€44k▲
Equity and liabilities
Total equity and liabilities10/49€4.02M€4.22M▲
Equity10/15€1.76M€2.04M▲
Contributions10/11€170k€170k=
Reserves13€210k€160k▼
Distributable reserves133€210k€160k▼
Profit (loss) carried forward14€1.38M€1.71M▲
Amounts payable17/49€2.27M€2.18M▼
Amounts payable after more than one year17€710k€610k▼
Financial debts170/4€710k€610k▼
Amounts payable within one year42/48€1.55M€1.41M▼
Current portion of amounts payable after more than one year42€126k€129k▲
Trade debts44€691k€599k▼
Suppliers440/4€691k€599k▼
Taxes, remuneration and social security45€168k€186k▲
Taxes450/3€34k€39k▲
Remuneration and social security454/9€134k€147k▲
Other amounts payable47/48€565k€500k▼
Accrued charges and deferred income492/3€7k€157k▲
Income statement
Code20242025
Remuneration, social security and pensions62€1.10M€1.14M▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€103k€152k▲
Other operating charges640/8€113k€62k▼
Gross operating margin9900€2.03M€2.44M▲
Operating profit (loss)9901€715k€1.09M▲
Financial income75/76B€41k€50k▲
Recurring financial income75€41k€50k▲
Financial charges65/66B€68k€82k▲
Recurring financial charges65€68k€82k▲
Profit (loss) for the period before taxes9903€688k€1.05M▲
Income taxes67/77€167k€271k▲
Profit (loss) for the period9904€521k€783k▲
Profit (loss) for the period to be appropriated9905€521k€783k▲
Appropriation of the result
Profit (loss) to be appropriated9906€1.93M€2.16M▲
Profit (loss) brought forward from the previous period14P€1.41M€1.38M▼
Transfer from equity791/2-€50k
Profit to be distributed694/7€550k€500k▼
Return on contributions (dividend)694€550k€500k▼
Social balance
Average headcount (FTE)908714.514.6▲
The notes to these accounts (10 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
2026
08-04
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial
Highest result since 2018net €783k ▲50.2%
Operating result €1.09M, net result €783k, both a record.
31-12
Financial
Equity above €2MEq €2.04M ▲16.1%
8 profitable years in a row build equity to €2.04M.
09-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
11-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
27-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Equity above €1MEq €1.07M ▲13.4%
3 profitable years in a row build equity to €1.07M.
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 31 days late
2019
31-12
Financial
Weakest financial yearnet €133k ▼50.2%
Net result drops to €133k, the lowest in the series; recovery starts the following year.
30-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 61 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 29 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 60 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
10 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, Eupen · 1 establishment unit since 2002
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.
Industriestrasse 124700 Eupen1 establishment unit
ULEX / Universal Logistics / Universal Exports
since 20022.097.593.425
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Of 12,606 companies in sector 49410 we hold annual accounts for 8,195. 2,979 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded10-05-2000
Fiscal year end31-12
Activities, NACEBEL
49410Freight transport by road
52210Service activities incidental to land transportation
63210
Sources
Crossroads Bank for EnterprisesNational Bank · 26 filings
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.