ULFAT
ActiveThe computed 12-month bankruptcy probability of ULFAT is 5.3% (elevated). The 2025 annual accounts show negative equity (€-19k) and a net result of €-33k. Its solvency ranks better than 12% of 17987 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
7
/ 100
Critical▼ -86 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency36▼-57
Growth32
Stability94
Bankruptcy probability, 12 months
5.3%
Elevated
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.62 against 1.9 in 2024), and equity is negative.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2025Solvency, return and age of the figures
Solvency
-53.7%
Return on assets
-94.8%
Age of the figures
8 mo
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
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Negative equity
Equity is negative for financial year 2025: liabilities exceed assets. This is the trigger point of the alarm-bell procedure (Belgian CAC).
NBB · annual accounts 2025Equity per financial year
2425
2024 to 2025 · latest year -€19k
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 29-07-2026, 2 days ahead of the deadline.
NBB · 2 filingsDeviation from the deadline
2025
2 d early
2024
27 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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-19k
2024 · €14k
2024: €14k
2024 → 2025
Total assets
€35k▲ 23.7%
2024 · €28k
2024: €28k
2024 → 2025
Net result
€-33k
2024 · €14k
2024: €14k
2024 → 2025
Working capital
€-20k
2024 · €12k
2024: €12k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€14k-€-19k
Operating result€18k-€-33k
Net result€14k-€-33k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €33k after €18k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €35k
Fixed assets
€2k▼ 7.8%
Current assets
€33k▲ 25.9%
Key figures and ratios
EBITDA
€-33k▼
2024 · €18k
Cash flow
€-33k▼
2024 · €14k
Solvency
-53.7%▼
2024 · 50.8%
Current ratio
0.62▼
2024 · 1.90
Quick ratio
0.29▼
2024 · 1.36
Debt / equity
-2.86▼
2024 · 0.97
ROE
176.4%▲
2024 · 100.0%
ROA
-94.8%▼
2024 · 50.8%
Interest coverage
-116.62▼
2024 · 43.79
Debt
€54k▲
2024 · €14k
Debt ≤ 1 year
€54k▲
2024 · €14k
Income taxes
€0▼
2024 · €4k
Staff costs
€25k▲
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€28k€35k▲
Fixed assets21/28€2k€2k▼
Tangible fixed assets22/27€350€205▼
Furniture and vehicles24€350€205▼
Financial fixed assets28€2k€2k=
Current assets29/58€26k€33k▲
Stocks and contracts in progress3€8k€18k▲
Stocks30/36€8k€18k▲
Amounts receivable within one year40/41€362€2k▲
Trade receivables40-€540
Other amounts receivable41€362€1k▲
Cash at bank and in hand54/58€18k€14k▼
Deferred charges and accrued income490/1€320€91▼
Equity and liabilities
Total equity and liabilities10/49€28k€35k▲
Equity10/15€14k€-19k▼
Reserves13€13k€0▼
Distributable reserves133€13k€0▼
Profit (loss) carried forward14€2k€-19k▼
Amounts payable17/49€14k€54k▲
Amounts payable within one year42/48€14k€54k▲
Trade debts44€9k€32k▲
Suppliers440/4€9k€32k▲
Taxes, remuneration and social security45€4k€10k▲
Taxes450/3€4k€4k▲
Remuneration and social security454/9€814€6k▲
Other amounts payable47/48€891€11k▲
Income statement
Code20242025
Remuneration, social security and pensions62€9k€25k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€85€145▲
Other operating charges640/8€217€3k▲
Gross operating margin9900€27k€-4k▼
Operating profit (loss)9901€18k€-33k▼
Financial income75/76B€6€0▼
Recurring financial income75€6€0▼
Financial charges65/66B€422€280▼
Recurring financial charges65€422€280▼
Profit (loss) for the period before taxes9903€18k€-33k▼
Income taxes67/77€4k€0▼
Profit (loss) for the period9904€14k€-33k▼
Profit (loss) for the period to be appropriated9905€14k€-33k▼
Appropriation of the result
Profit (loss) to be appropriated9906€14k€-31k▼
Profit (loss) brought forward from the previous period14P-€2k
Transfer from equity791/2-€13k
Transfer to equity691/2€13k€0▼
To contributions691€13k€0▼
The notes to these accounts (6 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
29-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 27 days late
NBB filing
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, Roeselare · 2 establishment units since 2023
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.
Beversesteenweg 4538800 RoeselareGround area
207 m²
Building footprint
213 m²
Volume, LiDAR
647 m³
2 parcels, Flanders · tallest building 13.4 m, ±3 floors. Linked by address, not a title deed.
2 establishment units
ULFAT
since 20232.348.049.405
Ulfat
since 20262.392.169.161
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 36505C0728/00T000 | Flanders | 124 m² | 1 · 128 m² | - |
| 36504D0971/00S000 | Flanders | 82 m² | 1 · 85 m² | 13.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels 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
2 sitesRoeselare2.348.049.405
Roeselare2.392.169.161
Similar companies · same sector, comparable size
Trimsalon Sissa
BE 0434.707.280
Brecht · Eq €14k
DRENI
BE 0794.199.772
Vilvoorde · Eq €14k
BORAN
BE 1003.524.782
Dendermonde · Eq €14k
ADAYA
BE 0798.899.027
Enghien · Eq €14k
ZOUDAKIS
BE 0777.248.231
Erquelinnes · Eq €14k
Of 10,411 companies in sector 47110 we hold annual accounts for 5,786. 3,779 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded02-08-2023
Fiscal year end31-12
Activities, NACEBEL
47110Non-specialised retail sale with food, beverages or tobacco predominating
47112Retail trade
56111Full-service restaurants
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.