ULMO
ActiveFrom the official registers: KBO 25 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of ULMO is 5.0% (elevated). For ULMO, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €74,040 and a net result of -€31,347. Equity is shrinking by about 30% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2025. The company has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals.
Financials · financial year 2023, micro format
2024 annual accounts not yet filed, deadline passed on 30 April 2025 Financial year closed on 30 September 2024; filing due at the latest 7 months after the close (Companies Code art. 3:10). 2 financial years without a filing since the last one filed. Source: NBB filings, as of 1 November 2026.
Annual accounts 2023
- Financial year ended
- 30-09-2023
- Filed on
- 30-08-2024
- Format
- micro format
- Reference
- 2024-00429469
2019 to 2023, 4 financial years 2019 to 2023, 4 financial years
The operating result stays negative: a loss of €18,895 in 2023 against €74,503 in 2022; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Use the arrow keys on the chart for the figures per year.
| Line | 2019 | 2020 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Turnover70 | €55,800 | €55,800 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €53,726 | €54,397 | €66,460 | €31,698 | ▼ 52.3% |
| Other operating charges640/8 | - | - | €5,884 | €3,263 | ▼ 44.5% |
| Gross operating margin9900 | €48,406 | €17,728 | -€2,159 | €16,065 | - |
| Operating profit (loss)9901 | -€5,956 | -€36,885 | -€74,503 | -€18,895 | ▲ 74.6% |
| Financial charges65/66B | - | - | €11,252 | €12,452 | ▲ 10.7% |
| Recurring financial charges65 | €12,995 | €12,251 | €11,252 | €12,452 | ▲ 10.7% |
| Profit (loss) for the period before taxes9903 | -€18,951 | -€49,136 | -€85,755 | -€31,347 | ▲ 63.4% |
| Income taxes67/77 | €7,910 | - | - | - | - |
| Profit (loss) for the period9904 | -€26,861 | -€49,136 | -€85,755 | -€31,347 | ▲ 63.4% |
| Profit (loss) for the period to be appropriated9905 | -€26,861 | -€49,136 | -€85,755 | -€31,347 | ▲ 63.4% |
| Line | 2019 | 2020 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €1.4m | €1.3m | €1.4m | €1.4m | ▲ 1.3% |
| Fixed assets21/28 | €1.3m | €1.3m | €1.4m | €1.4m | ▼ 0.8% |
| Tangible fixed assets22/27 | €1.3m | €1.3m | €1.4m | €1.4m | ▼ 0.8% |
| Land and buildings22 | - | - | €1.4m | €1.4m | ▼ 0.8% |
| Plant, machinery and equipment23 | - | - | €0.004m | €0.004m | = |
| Furniture and vehicles24 | - | - | €0.009m | €0.009m | ▲ 7.9% |
| Current assets29/58 | €0.1m | €0.03m | €0.01m | €0.04m | ▲ 199% |
| Amounts receivable within one year40/41 | - | - | €0.01m | - | - |
| Trade receivables40 | - | - | €0.01m | - | - |
| Cash at bank and in hand54/58 | €0.1m | €0.03m | €0.004m | €0.04m | ▲ 11× |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €1.4m | €1.3m | €1.4m | €1.4m | ▲ 1.3% |
| Equity10/15 | €0.2m | €0.2m | €0.1m | €0.07m | ▼ 29.7% |
| Contributions10/11 | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Reserves13 | €0.002m | €0.002m | €0.002m | €0.002m | = |
| Non-distributable reserves130/1 | - | - | €0.002m | €0.002m | = |
| Reserves not available under the articles1311 | - | - | €0.002m | €0.002m | = |
| Profit (loss) carried forward14 | -€0.1m | -€0.2m | -€0.2m | -€0.3m | ▼ 12.8% |
| Amounts payable17/49 | €1.1m | €1.1m | €1.3m | €1.3m | ▲ 3.8% |
| Amounts payable after more than one year17 | €0.6m | €0.6m | €0.5m | €0.5m | ▼ 5.8% |
| Financial debts170/4 | - | - | €0.5m | €0.5m | ▼ 5.8% |
| Amounts payable within one year42/48 | €0.5m | €0.5m | €0.8m | €0.9m | ▲ 10.1% |
| Current portion of amounts payable after more than one year42 | - | - | €0.03m | €0.03m | = |
| Trade debts44 | - | - | €0.03m | €45 | ▼ 99.8% |
| Suppliers440/4 | - | - | €0.03m | €45 | ▼ 99.8% |
| Other amounts payable47/48 | - | - | €0.7m | €0.8m | ▲ 14.4% |
| Line | 2019 | 2020 | 2022 | 2023 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€26,861 | -€49,136 | -€85,755 | -€31,347 | ▲ 63.4% |
| + Depreciation and write-downs630 | €53,726 | €54,397 | €66,460 | €31,698 | ▼ 52.3% |
| Operating cash flow (approximation) | €26,865 | €5,261 | -€19,295 | €350 | - |
| Investment in fixed assets (approximation) | - | -€12,116 | - | -€20,808 | - |
| Change in cash | - | -€72,718 | - | €39,722 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 25 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2023 | micro format | 30-08-2024 | 2024-00429469 | |
| 30-09-2022 | micro format | 31-05-2023 | 2023-00111324 | |
| 30-09-2020 | abbreviated format | 31-03-2021 | 2021-09600147 | |
| 30-09-2019 | abbreviated format | 29-05-2020 | 2020-13800132 | |
| 30-09-2018 | abbreviated format | 28-03-2019 | 2019-08600277 | |
| 30-09-2017 | abbreviated format | 14-03-2018 | 2018-06800179 | |
| 30-09-2016 | abbreviated format | 23-03-2017 | 2017-07100124 | |
| 30-09-2015 | abbreviated format | 17-03-2016 | 2016-06800427 | |
| 30-09-2014 | abbreviated format | 23-03-2015 | 2015-06900362 | |
| 30-09-2013 | abbreviated format | 12-03-2014 | 2014-06300031 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.