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ULICON

Active
Kamstraat(HF) 38 ·1540 Pajottegem, Belgium
KBO/BCE: BE 0761.505.032
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age5 yrs
Staff (FTE)2.6

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of ULICON is 2.0% (moderate). The 2024 annual accounts show equity of €552k and a net result of €214k. Equity is growing by ~64.6% per year across the filed fiscal years. Its solvency ranks better than 90% of 992 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Signals

3 signals · with evidence
Strong solvency vs sector
Solvency is in the sector's strongest quartile: better than 90% of 992 peers (2024). A comfortable equity buffer.
View the sector comparison
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend
Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 11 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 4 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 03-07-2025 28 d early 2025-00252016
31-12-2023 31-07-2024 06-09-2024 37 d late 2024-00455549
31-12-2022 31-07-2023 08-08-2023 8 d late 2023-00324409
31-12-2021 31-07-2022 10-08-2022 10 d late 2022-20286700

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2021, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.0% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +Annual accounts: healthy financial profile

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€214k+89.8%
Working capital€498k+69.6%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 03-07-2025 with the NBB · fiscal year 2024 · verkort
€0€100k€200k€300kOperating result 2021: €175k€175kNet result 2021: €120k€120kOperating result 2022: €151k€151kNet result 2022: €105k€105kOperating result 2023: €160k€160kNet result 2023: €113k€113kOperating result 2024: €311k€311kNet result 2024: €214k€214k2021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing Equity: growth of ~64.6%/year over 4 fiscal years, indicative, assuming unchanged policy.
€0€1.00M€2.00M€3.00M2025: €912k (€868k - €956k)2026: €1.50M (€1.46M - €1.55M)2027: €2.47M (€2.43M - €2.52M)2021: €121k2022: €225k2023: €338k2024: €552k2021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
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).

Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (abbreviated schema)
Metric This company Sector median Position in the sector
Solvency 76.9% 35.4%
better than 90% of 992 sector peers
Net result €214k €30k
better than 90% of 991 sector peers
Equity €552k €121k
better than 81% of 992 sector peers
Gross operating margin €499k €172k
better than 76% of 991 sector peers
Staff costs €146k €194k
higher than 43% of 619 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P90
2021: P80 · n=5562022: P82 · n=7492023: P87 · n=9012024: P90 · n=9922021 2024
Stable position over 2021-2024 · n=556-992
Net result P90
2021: P80 · n=5542022: P76 · n=7472023: P76 · n=9012024: P90 · n=9912021 2024
Stable position over 2021-2024 · n=554-991
Equity P81
2021: P44 · n=5562022: P62 · n=7492023: P71 · n=9012024: P81 · n=9922021 2024
Improving position over 2021-2024 · n=556-992
Gross operating margin P76
2021: P50 · n=5552022: P60 · n=7482023: P66 · n=8992024: P76 · n=9912021 2024
Improving position over 2021-2024 · n=555-991
Describes the position versus peers, not a forecast.
EBITDA
€352k
+82.6% 21-24
Net profit
€214k
+89.8% 21-24
Cash flow
€254k
+75.2% 21-24
Total assets
€718k
+48.1% 21-24
Equity
€552k
+63.2% 21-24
Working capital
€498k
+69.6% 21-24
Employees (FTE)
3
-23.5% 21-24
Staff costs
€146k
-13.0% 21-24
Income taxes
€96k
+102.0% 21-24
Debt
€166k
+13.1% 21-24
Debt ≤ 1y
€115k
+15.7% 21-24
Debt > 1y
€45k
-4.6% 21-24
Current ratio
5.32
+34.7% 21-24
Quick ratio
5.27
+33.6% 21-24
Solvency
76.9%
+10.2% 21-24
Debt / equity
0.30
-30.7% 21-24
ROE
38.7%
+16.3% 21-24
ROA
29.8%
+28.2% 21-24
Interest coverage
69.11
+67.3% 21-24
Figures by fiscal year
Fiscal year2024
Depositverkort
Revenue-
EBITDA€352k
Net profit€214k
Cash flow€254k
Staff costs€146k
Income taxes€96k
Dividends-
Total assets€718k
Equity€552k
Debt€166k
of which ≤ 1y€115k
of which > 1y€45k
Working capital€498k
Employees (FTE)2.6
Ratios (computed)
2024
Current ratio5.32
Quick ratio5.27
Working capital ratio69.4%
Solvency76.9%
Debt / equity0.30
Long-term debt ratio0.08
Interest coverage69.11
Gross margin-
Net margin-
ROA29.8%
ROE38.7%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€718k
Fixed assets 21/28€105k
Tangible fixed assets 22/27€104k
Financial fixed assets 28€411
Current assets 29/58€613k
Stocks & contracts in progress 3€5k
Amounts receivable within one year 40/41€245k
Cash & bank 54/58€363k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€718k
Equity 10/15€552k
Contributions / capital 10/11€1k
Reserves 13€551k
Amounts payable 17/49€166k
Amounts payable after one year 17€45k
Amounts payable within one year 42/48€115k
Trade debts payable within one year 44€58k
Income statement
Gross operating margin 9900€499k
Operating result 9901€311k
Financial income 75€4k
Financial charges 65€5k
Result before taxes 9903€310k
Income taxes 67/77€96k
Net result for the period 9904€214k
Result to be appropriated 9905€214k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
100 / 100 Excellent
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

See plans →
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
Pajottegem exact location from the address register

Establishment units

1 location
Kamstraat(HF) 38, 1540 Pajottegem
Algemene bouw van residentiële gebouwen
since 20212.313.656.074
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area766 m²
Buildings1
Building footprint125 m²
Volume (LiDAR)777 m³
Tallest building8.0 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23031A0397/00H000 Flanders 766 m² 1 · 125 m² 8.0 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgian State Gazette · acts

No structured acts for this company yet

That means one of two things: the company has published no company deeds, or its deeds are still queued for reading. The insolvency signals above come from a separate source; the KBO register is the second source and appears as the legal situation on this page.

Analysis

Snowflake analysis

financial profile on 5 axes
Health100Profitability100Solvency100Growth78Stability94
94 / 100

Exceptional profile, strong across almost every axis.

All 5 axes are computed from data Checked has read.

Health 100
Profitability 100
Solvency 100
Growth 78
Stability 94

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AI due-diligence brief

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Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

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The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Overige werkzaamheden in verband met de afwerking van gebouwen43350Overige werkzaamheden in verband met de afwerking van gebouwen43390Metselwerk43910Uitvoeren van metsel- en voegwerken43994Metselwerk43910Overige gespecialiseerde bouwactiviteiten, neg43990Uitvoeren van metsel- en voegwerken43994Restaureren van bouwwerken43995Overige gespecialiseerde bouwwerkzaamheden43999
Primary activity highlighted.
Names & trade names
Legal nameNL ULICON
Registered office
Kamstraat(HF) 38
1540 Pajottegem, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.