ULINA

Active

Private limited companyfounded 20241 yr activeRue de Gemenne, Natoye 6, 5360 Hamois, BelgiumKBO/BCE: BE 1015.007.109

Summary

The computed 12-month bankruptcy probability of ULINA is 2.0% (moderate). The 2025 annual accounts show negative equity (-€98,630) and a net result of -€108,630. Its solvency ranks better than 13% of 2642 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.

Risk analysisWatch Report Compare

ULINAActiveChecked score 51/100

Risk analysis Report Compare

Activity

Operation of sports facilities

NACE 93110Raising of horses and other equines NACE 01430

1 site

Size

€151,727total assets 2025

Equity: -€98,630
Loss: -€108,630

Turnover not published (abridged schema)

Financial health

51 Fair Checked score 2025

Bankruptcy chance 12 m: 2.0%

Structure

Accounts filed 52 d late0 of 1 deed read

Why 51- Latest accounts 52 days late; 1 of the last 3 late- Negative equity -€98,630- Loss of €108,630 (FY 2025)+ Sector Sports, amusement and recreation activities (NACE 93)Show the evidence

Checked score

Score 2025

51 / 100

Fair

Probability in this band: 1.5% to 4.2%

Better than 8% of its sector peers (NACE 93, micro)

Performance against the sector, not lower risk

Every signal that weighs is under Signals.

Financial strength

Weak

Solvency 0

equity -65.0% of total assets

Liquidity 7

short-term debt 165.0% · cash 5.6%

Profitability 0

return on assets -71.6%

Bankruptcy probability, 12 months

2.0% Moderate

0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.3% (4,222 companies)

Last 24 months 11-2025: 0.6%lowest value 12-2025: 0.7%▲ +3.1% vs 11-2025 01-2026: 0.7%▲ +0.1% vs 12-2025 02-2026: 0.7%▲ +11.5% vs 01-2026 03-2026: 0.8%▲ +0.5% vs 02-2026 04-2026: 0.8%▲ +12.4% vs 03-2026 05-2026: 0.9%▲ +11.4% vs 04-2026 06-2026: 1.0%▲ +2.2% vs 05-2026 07-2026: 0.9%▼ -3.7% vs 06-2026 08-2026: 0.9%▲ +0.2% vs 07-2026 09-2026: 1.2%▲ +33.9% vs 08-2026 10-2026: 2.0%▲ +59.0% vs 09-2026highest value

Sector Sports, amusement and recreation activities (NACE 93) lowers the probability
Latest accounts 52 days late; 1 of the last 3 late raises the probability
Negative equity -€98,630 raises the probability
Loss of €108,630 (FY 2025) raises the probability

No credit on open account

Liquidity short (current ratio 0.18; short-term debt: 165% and cash: 5.6% of total assets), and equity is negative.

How it is calculated

The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.

75-100	Excellent	under 0.55%
60-74	Healthy	0.55% to 1.5%
45-59	Fair	1.5% to 4.2%
25-44	Weak	4.2% to 15.0%
0-24	Critical	over 15.0%

Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 93, micro). Better than this share of them on solvency 9%, liquidity 9%, profitability 7%. That is performance, not lower risk; the band itself always comes from the probability.

Bankruptcy probability: model pd-v3.202610021621, computed on 03-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.

Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.

Credit check for your own amount and term

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Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Sector Sports, amusement and recreation activities (NACE 93)

In the bankruptcy model this factor lowers the probability.

KBO

Latest accounts 52 days late; 1 of the last 3 late

In the bankruptcy model this factor raises the probability.

NBB · filings

Negative equity -€98,630

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Loss of €108,630 (FY 2025)

In the bankruptcy model this factor raises the probability.

NBB · annual accounts

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Young company

Founded in 2024, under 3 years in business. Failure risk is statistically highest between 2 and 8 years after founding.

KBO · incorporation date

Age against the risk zone

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-09-2026, 52 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.

NBB · 1 filing

Deviation from the deadline

2025

52 d late

← before the deadline after the deadline →

Checked, nothing found (1)

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

21-09-26 Annual accounts filedfiscal year 2025 · micro…

Key points

Risk: Negative equityfiscal year 2025: debts exceed assets -€98,630 View
Caution: Among the weakest 5% on net resultsector median €3,855 · 2,640 companies -€108,630 View
Total assets 2025first fiscal year filed €151,727 View