ULKUR
ActiveSummary
ULKUR has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17,669 and a net result of €22,381. Equity fluctuates too strongly from year to year to read a trend from it. Its solvency ranks better than 63% of 17,021 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Overview
Overview
Official details
Source: KBO- Status
- Active since 07-11-2005 Normal situation
- Activity
- Limited-service restaurants, excluding mobile food services NACE 56112
- Establishment unit
- 2.150.000.842 1070 Anderlecht, since 18-11-2005
- Financial year end
- 31 December
- Peppol
- Reachable since 24-12-2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.3%
- Turnover
- €65,357
- ▲ 4.9%
- Profit
- €22,381
- Equity
- €17,669
- Total assets
- €38,954
- ▲ 78.5%
- Employees on 31-12-2025
- 2
- =
- 2025 accounts filed 27 days after the deadline
Score breakdownraises riskSector: Food and beverage service activities (NACE 56)Size: turnover €65,357, total assets €38,954lowers riskFounded in 2005Liquidity: current ratio 1.12, cash €17,078Show the evidence
Checked score
About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 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% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 56, micro). It does better than 64% of them on solvency, 76% on liquidity, 93% on profitability and 78% on growth.
The bankruptcy probability was computed on 03-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 30 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 27 days after the deadline Filed on 27 August 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00448099.
Annual accounts 2025 filed on 27-08-2026 at the NBB all 20 filings
Every figure per financial year
The operating result for 2025 is a profit of €32,183, after a loss of €3,709 in 2024. It is the highest result since 2021.
Staff
| Item | 31-12-2024 | 31-12-2025 |
|---|---|---|
| Employees at the balance-sheet date | 2 | 2 |
| full-time | 1 | 1 |
| part-time | 1 | 1 |
| in full-time equivalents | 1.7 | 1.7 |
| Average over the year, in full-time equivalents | 1.8 | 1.7 |
| On a permanent contract | 2 | 2 |
| Joined | 2 | 1 |
| Left | 1 | 1 |
Source: social balance sheet in the 2024 to 2025 annual accounts
Investments
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Tangible fixed assets | €34,752 | €1,061 | - | - | - |
| Financial fixed assets | - | - | - | €13,241 | €1,759 |
| Depreciation and write-downs of the year | €8,155 | €11,894 | €11,936 | €3,784 | €43 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Turnover70 | €125,177 | €127,399 | €71,114 | €67,956 | €70,149 | €50,783 | €62,284 | €65,357 | ▲ 4.9% |
| Non-recurring operating income76A | - | - | - | €5,811 | - | - | - | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | - | - | €69,283 | €74,860 | €36,621 | €24,446 | €17,566 | ▼ 28.1% |
| Remuneration, social security and pensions62 | - | - | - | €545 | €1,876 | €454 | €38,434 | €18,276 | ▼ 52.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,657 | €3,969 | €3,581 | €8,155 | €11,894 | €11,936 | €3,784 | €43 | ▼ 98.9% |
| Other operating charges640/8 | - | - | - | €1,604 | €857 | €830 | €1,089 | €998 | ▼ 8.3% |
| Gross operating margin9900 | €13,625 | €25,866 | €13,138 | €15,199 | €2,294 | €16,285 | €39,598 | €51,499 | ▲ 30.1% |
| Operating profit (loss)9901 | -€2,431 | €9,495 | €4,212 | €4,895 | -€12,333 | €3,065 | -€3,709 | €32,183 | - |
| Financial income75/76B | - | - | - | - | - | €0 | - | €115 | - |
| Recurring financial income75 | - | - | - | - | - | €0 | - | €115 | - |
| Financial charges65/66B | - | - | - | €388 | €159 | €262 | €145 | €649 | ▲ 349% |
| Recurring financial charges65 | €440 | €472 | €346 | €388 | €159 | €262 | €145 | €649 | ▲ 349% |
| Profit (loss) for the period before taxes9903 | -€2,871 | €9,023 | €3,866 | €4,507 | -€12,492 | €2,803 | -€3,854 | €31,648 | - |
| Income taxes67/77 | €127 | €114 | - | €233 | - | €547 | €1,752 | €9,268 | ▲ 429% |
| Profit (loss) for the period9904 | -€2,998 | €8,909 | €3,866 | €4,274 | -€12,492 | €2,256 | -€5,606 | €22,381 | - |
| Profit (loss) for the period to be appropriated9905 | -€2,998 | €8,909 | €3,866 | €4,274 | -€12,492 | €2,256 | -€5,606 | €22,381 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €19,641 | €14,799 | €15,864 | €38,066 | €22,819 | €17,485 | €21,818 | €38,954 | ▲ 78.5% |
| Fixed assets21/28 | €11,206 | €7,237 | €3,656 | €26,671 | €15,838 | €3,902 | €13,359 | €15,075 | ▲ 12.8% |
| Tangible fixed assets22/27 | €11,131 | €7,162 | €3,581 | €26,596 | €15,763 | €3,827 | €43 | - | - |
| Furniture and vehicles24 | - | - | - | €26,596 | €15,763 | €3,827 | €43 | - | - |
| Financial fixed assets28 | €75 | €75 | €75 | €75 | €75 | €75 | €13,316 | €15,075 | ▲ 13.2% |
| Current assets29/58 | €8,435 | €7,562 | €12,208 | €11,395 | €6,981 | €13,583 | €8,460 | €23,879 | ▲ 182% |
| Amounts receivable within one year40/41 | €1,181 | €981 | €1,330 | €3,047 | €3,433 | €3,092 | €1,936 | €6,802 | ▲ 251% |
| Trade receivables40 | - | - | - | €803 | €703 | €448 | €1,936 | €2,575 | ▲ 33.0% |
| Other amounts receivable41 | - | - | - | €2,244 | €2,730 | €2,644 | - | €4,227 | - |
| Cash at bank and in hand54/58 | €6,608 | €5,921 | €10,238 | €8,348 | €3,548 | €9,970 | €6,524 | €17,078 | ▲ 162% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | €521 | - | - | - |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €19,641 | €14,799 | €15,864 | €38,066 | €22,819 | €17,485 | €21,818 | €38,954 | ▲ 78.5% |
| Equity10/15 | -€5,919 | €2,990 | €6,856 | €11,130 | -€1,362 | €894 | -€4,712 | €17,669 | - |
| Contributions10/11 | €18,600 | €18,600 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€24,519 | -€15,610 | -€11,744 | -€7,470 | -€19,962 | -€17,706 | -€23,312 | -€931 | ▲ 96.0% |
| Amounts payable17/49 | €25,560 | €11,809 | €9,008 | €26,936 | €24,181 | €16,591 | €26,530 | €21,286 | ▼ 19.8% |
| Amounts payable after more than one year17 | €7,721 | €4,300 | €1,355 | €15,540 | €6,781 | €2,401 | - | - | - |
| Financial debts170/4 | - | - | - | €15,540 | €6,781 | €2,401 | - | - | - |
| Amounts payable within one year42/48 | €17,839 | €7,509 | €7,653 | €11,396 | €17,400 | €14,190 | €26,530 | €21,286 | ▼ 19.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €1,355 | €4,380 | €4,745 | €2,401 | - | - |
| Trade debts44 | €2,220 | €1,477 | €1,015 | €1,015 | €1,400 | €207 | €98 | €1,844 | ▲ 19× |
| Suppliers440/4 | - | - | - | €1,015 | €1,400 | €207 | €98 | €1,844 | ▲ 19× |
| Taxes, remuneration and social security45 | - | - | - | €111 | €1,605 | €1,051 | €14,301 | €19,441 | ▲ 35.9% |
| Taxes450/3 | - | - | - | - | - | - | €4,617 | €12,701 | ▲ 175% |
| Remuneration and social security454/9 | - | - | - | €111 | €1,605 | €1,051 | €9,683 | €6,740 | ▼ 30.4% |
| Other amounts payable47/48 | - | - | - | €8,915 | €10,015 | €8,188 | €9,731 | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,998 | €8,909 | €3,866 | €4,274 | -€12,492 | €2,256 | -€5,606 | €22,381 | - |
| + Depreciation and write-downs630 | €5,657 | €3,969 | €3,581 | €8,155 | €11,894 | €11,936 | €3,784 | €43 | ▼ 98.9% |
| Operating cash flow (approximation) | €2,659 | €12,878 | €7,447 | €12,429 | -€598 | €14,192 | -€1,822 | €22,423 | - |
| Investment in fixed assets (approximation) | - | €0 | €0 | -€31,170 | -€1,061 | €0 | -€13,241 | -€1,759 | ▲ 86.7% |
| Change in cash | - | -€687 | €4,317 | -€1,890 | -€4,800 | €6,422 | -€3,446 | €10,553 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 31,368 companies had the same profile as ULKUR has now. Two years later, 93.5% were still going and 0.5% had gone bankrupt.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
Another 0.1% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of ULKUR itself: 0.3% within 12 months.
Test of the method
The method was tested on the 497,446 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.
| 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 31,368 companies, not a prediction for ULKUR. 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.
Latest 10 of 20 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 27-08-2026 | 2026-00448099 | |
| 31-12-2024 | micro format | 27-08-2025 | 2025-00425919 | |
| 31-12-2023 | micro format | 30-08-2024 | 2024-00436755 | |
| 31-12-2022 | micro format | 30-08-2023 | 2023-00397063 | |
| 31-12-2021 | micro format | 31-08-2022 | 2022-20375926 | |
| 31-12-2020 | micro format | 31-08-2021 | 2021-62700437 | |
| 31-12-2019 | micro format | 31-08-2020 | 2020-48900468 | |
| 31-12-2018 | micro format | 30-08-2019 | 2019-57200493 | |
| 31-12-2017 | micro format | 31-08-2018 | 2018-57600135 | |
| 31-12-2016 | micro format | 31-08-2017 | 2017-57100483 |
Board & ownership
Directors
Owners and capital
Capital transactions
- 13-11-2023 Converted to unavailable equity
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| KURSUN Nasir |
|
| CIÇEK Ali |
|
| Ulger Evelyne |
|
Articles of association
- Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
- “Moitié à charge du cédant et moitié à charge du ou des acquéreurs, proportionnellement au nombre acquis s'ils sont plusieurs, toutes…”
Articles of association, deed of 13-11-2023 (in French)
Network & group
ULKUR shares no director with another company.
Connections & network
1 current directorThe network starts from the directors of ULKUR. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
13-11
Gazette deed
Company renamed from LUNCH PACK to ULKURRegistered office moved from Evere to Woluwe-Saint-Lambert · New seat: Avenue du Centaure 41, 1200 Woluwe-Saint-Lambert · Previous seat: Chaussée de Louvain 912, 1140 Evere16 points ▸
- General meeting, 07-11-2023
- Other provision, “adaptation des statuts au Code des sociétés et des associations, SRL” (deed in French)
- Capital conversion, “compte de capitaux propres statutairement indisponible” (deed in French)
- Reserve release, “suppression, fonds disponibles pour distribution” (deed in French)
- Registered-office move, Avenue du Centaure 41, 1200 Woluwe-Saint-Lambert
- Purpose change
- Name change, ULKUR
- Amendment of the articles
- Capital
- Other provision, “nature des autres titres” (deed in French)
- Power of attorney, Paul MASELIS
- Director appointment, KURSUN Nasir (director)
- The act holds 4 more points.
22-03
Gazette deed
Resignation: Ulger Evelyne (director)Director discharge3 points ▸
- General meeting, 28-02-2023
- Director resignation, Ulger Evelyne (director)
- Director discharge, Ulger Evelyne
Show earlier events
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Chaussée de Louvain 912, 1140 Evere until the act of 13-11-2023
Activities
NACEBEL 2025Codes under NACEBEL 2008
Codes under NACEBEL 2003
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the address
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21673D0009/00K015 | Brussels | 209 m² | 1 · 60 m² | 10.2 m · 3 |