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Ulgen

Active Private limited companyfounded 2020active for 6 yearsSpaanderveld 30, 2500 LierKBO/BCE: BE 0741.841.548

Lifetime

6 annual accounts with figures on one time axis
peak €110,953 (2024)
-€1,570▲ €48,251
lowest -€56,207 (2025)
-€15,268▲ €40,939
peak €85,316 (2023)
-€66,475▼ €15,268
€78,780▼ 16.4%
Board1 name since 2020
1 director
Documentsfilings and deeds
28-10-20263 days before the deadline
2026micro format
Gross margin from -€49,822 to -€1,570Loss of €15,268Registered office moved from Nijlen to Lier 06-07Equity from -€51,207 to -€66,475Debts from €94,242 to €78,780

Key points

from the 2026 annual accounts

Equity

-€66,475
202120222023202420252026

Debts exceed assets in financial year 2026.

Losses

-€71,475 in two years
-56,2072025-15,2682026

The 2025 and 2026 financial years closed with a loss. 2025 was the heaviest.

Debts

€78,780 640% of the balance sheet
Financial debts 5%Suppliers 3%Taxes and wages 0%Other 92%

Of this, €74,684 falls due within a year.

Turnover not published (micro format)

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 6,018 companies had the same profile as Ulgen has now. Each dot stands for 16 companies, two years later.

82.8%
were still trading
8.5%
stopped another way
7.8%
went bankrupt
  • Micro
  • 5 to 10 years old
  • negative equity
  • a loss of 10% of the balance sheet or more

Another 0.8% stopped without a precise date, possibly only after those two years.

Test of the method

The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 2.9% 3.1%
10 5.6% 6.1%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 6,018 companies, not a prediction for Ulgen. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director
  • 100 sharesdeed of 23-01-2020
Board & ownership

Recent changes

Registered office moved from Nijlen to Lier New registered office: Spaanderveld 30 bus 5, 2500 Lier · Previous registered office: Fortstraat (Kessel) 14B, 2560 Nijlen, België · Board meeting of 30-10-2025 · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0741841548
Incorporation Founding capital of €5,000, 100 shares · Founder: · Appointment: (director) · published on 23-01-2020 · Gazette deed
First establishment Spaanderveld 30, Lier
All 12 events

Official details

Source: KBO
Status
Active since 21-01-2020Normal situation
Activity
“De verwerving van participaties onder gelijk welke vorm ook in handels-,industriële en financiële ondernemingen,zo…” (deed in Dutch)From the articles, 6 activitiesNo NACE code in the KBO yet
Establishment unit
2.298.226.1462500 Lier, since 21-01-2020
Financial year end
31 March
Peppol
Reachable since 16-12-2024
Company details

Annual accounts to 31-03-2026

€12,305▼ 71.4%
Filing
Filed on 28-10-2026, 3 days before the end of the filing period
Financials

Insights on Ulgen

Ulgen files the micro format. That format states no turnover. The gross margin fell from €38,420 in 2021 to -€1,570 in 2026.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about Ulgen

What is the company number of Ulgen?
The company number of Ulgen is 0741.841.548. The VAT number is the same number with BE in front: BE 0741.841.548.
Where is Ulgen based?
The registered office is at Spaanderveld 30, 2500 Lier.Company details
What is the legal form of Ulgen?
Ulgen is a private limited company (BV).
When was Ulgen founded?
Ulgen was founded on 21-01-2020.
Is Ulgen still active?
Yes, Ulgen is an active enterprise in the KBO register.
What is the turnover of Ulgen?
The annual accounts for financial year 2026 state no turnover. The micro format does not require it.Financials
Is Ulgen profitable?
In financial year 2026, Ulgen made a loss of €15,268.
Where can I find the annual accounts of Ulgen?
Ulgen filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2026.
When are the next annual accounts of Ulgen due?
Ulgen must file the annual accounts for financial year 2027 by 31-10-2027.Timeline

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