ULKER S
ActiveULKER S has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19k and a net result of €-9k. Equity is growing by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 43% of 4610 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
49
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability57▲+1
Solvency44▼-24
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity short (current ratio 0.37 against 0.78 in 2024; short-term debt: 80.6% and cash: 7.3% of total assets), and 81.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
18.6%
Return on assets
-9.3%
Age of the figures
9 mo
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
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025Net result per financial year
1819202122232425
2018 to 2025 · latest year €-9k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 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 · 8 filingsDeviation from the deadline
2025
28 d late
2024
26 d late
2023
78 d early
2022
46 d early
2021
32 d early
2020
27 d late
2019
53 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
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€19k▼ 33.3%
2024 · €28k
2018: €19k
2019: €18k
2020: €25k
2021: €23k
2022: €26k
2023: €35k
2024: €28k
2018 → 2025
Total assets
€101k▲ 52.6%
2024 · €66k
2018: €38k
2019: €19k
2020: €38k
2021: €32k
2022: €41k
2023: €79k
2024: €66k
2018 → 2025
Net result
€-9k▼ 42.0%
2024 · €-7k
2018: €-8k
2019: €-655
2020: €7k
2021: €-3k
2022: €3k
2023: €9k
2024: €-7k
2018 → 2025
Working capital
€-51k▼ 506%
2024 · €-8k
2018: €16k
2019: €8k
2020: €19k
2021: €19k
2022: €25k
2023: €-11k
2024: €-8k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€23k-€26k▲ 14.3%€35k▲ 35.3%€28k▼ 19.0%€19k▼ 33.3%
Operating result€-3k-€3k€12k▲ 247%€-6k€-9k▼ 42.3%
Net result€-3k-€3k€9k▲ 182%€-7k€-9k▼ 42.0%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €9k in 2025 against €6k in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €101k
Fixed assets
€70k▲ 91.8%
Current assets
€30k▲ 3.4%
Equity and liabilities €101k
Equity
€19k▼ 33.3%
Debt
€82k▲ 117%
The debt ratio rises from 57.3% to 81.4%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€8k▲
2024 · €5k
Cash flow
€8k▲
2024 · €5k
Solvency
18.6%▼
2024 · 42.7%
Current ratio
0.37▼
2024 · 0.78
Quick ratio
0.34▼
2024 · 0.78
Debt / equity
4.37▲
2024 · 1.34
ROE
-50.0%▼
2024 · -23.5%
ROA
-9.3%▲
2024 · -10.0%
Interest coverage
134.27▲
2024 · 30.71
Debt
€82k▲
2024 · €38k
Debt ≤ 1 year
€81k▲
2024 · €38k
Income taxes
€144
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€66k€101k▲
Fixed assets21/28€37k€70k▲
Tangible fixed assets22/27€37k€70k▲
Plant, machinery and equipment23€17k€9k▼
Furniture and vehicles24€20k€62k▲
Current assets29/58€29k€30k▲
Stocks and contracts in progress3-€2k
Stocks30/36-€2k
Amounts receivable within one year40/41€21k€18k▼
Trade receivables40€21k€16k▼
Other amounts receivable41€6€2k▲
Cash at bank and in hand54/58€8k€7k▼
Deferred charges and accrued income490/1€634€2k▲
Equity and liabilities
Total equity and liabilities10/49€66k€101k▲
Equity10/15€28k€19k▼
Contributions10/11€6k€6k=
Reserves13€22k€13k▼
Distributable reserves133€22k€13k▼
Amounts payable17/49€38k€82k▲
Amounts payable within one year42/48€38k€81k▲
Trade debts44€696€4k▲
Suppliers440/4€696€4k▲
Advances received on contracts in progress46€1k€1k=
Taxes, remuneration and social security45-€4k
Taxes450/3-€144
Remuneration and social security454/9-€4k
Other amounts payable47/48€36k€72k▲
Accrued charges and deferred income492/3€160€817▲
Income statement
Code20242025
Non-recurring operating income76A-€1k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€17k▲
Other operating charges640/8€891€2k▲
Non-recurring operating charges66A-€10k
Gross operating margin9900€6k€20k▲
Operating profit (loss)9901€-6k€-9k▼
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€158€58▼
Recurring financial charges65€158€58▼
Profit (loss) for the period before taxes9903€-7k€-9k▼
Income taxes67/77-€144
Profit (loss) for the period9904€-7k€-9k▼
Profit (loss) for the period to be appropriated9905€-7k€-9k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-7k€-9k▼
Transfer from equity791/2€7k€9k▲
The notes to these accounts (7 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
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
31-12
Financial
Weakest financial yearnet €-9k
Net result drops to €-9k, the lowest in the series.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
14-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €9k ▲182%
Operating result €12k, net result €9k, both a record.
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €3k
Net result €3k after one loss-making year.
29-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Back to profitnet €7k
Net result €7k after 2 loss-making years.
22-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 53 days late
2019
31-12
Financial
Liquidity times 5current ratio 9.06
Current ratio from 1.82 to 9.06; short-term debt falls from €20k to €1k.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Sint-Niklaas · 1 establishment unit since 2015
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.
Kleibeekstraat 269100 Sint-NiklaasGround area
184 m²
Building footprint
91 m²
Volume, LiDAR
595 m³
Parcel 46021A0869/00P002, Flanders · tallest building 10.6 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
KAPSALON NESRIN
since 20152.239.454.539
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46021A0869/00P002 | Flanders | 184 m² | 1 · 91 m² | 10.6 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
6 categoriesULKER S BV44272
Similar companies · same sector, comparable size
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SHANA RAES
BE 0789.575.644
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MODERNE KAPSALON
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STRASS
BE 0875.101.831
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Of 21,750 companies in sector 96210 we hold annual accounts for 2,833. 2,371 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded04-02-2015
Fiscal year end31-12
Abbreviation NL
/
Trade name NL
/
Activities, NACEBEL
96021Hairdressing
96210Hairdressing and barber services
33140Repair and maintenance of electrical equipment
42220Construction of utility projects for electricity and telecommunications
43211General electrical installation work
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:0486/79.70.04