Ulmus Laevis is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €107k and a net result of €2k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 51% of 5521 sector peers (fiscal year 2025). The company has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Outside the general model
Model not applicable to financial institutions
The health score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Credit advice for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
8 d early
2024
38 d early
2023
30 d early
2022
28 d early
2021
26 d early
2020
39 d early
2019
4 d early
← 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
20-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€107k▼ 53.9%
2024 · €233k
2018: €17k
2019: €17k
2020: €17k
2021: €227k
2022: €228k
2023: €232k
2024: €233k
2018 → 2025
Net result
€2k▲ 166%
2024 · €569
2018: €-157
2019: €194
2020: €194
2021: €203k
2022: €1k
2023: €4k
2024: €569
2018 → 2025
Total assets
€201k▼ 19.7%
2024 · €251k
2018: €30k
2019: €30k
2020: €30k
2021: €232k
2022: €234k
2023: €240k
2024: €251k
2018 → 2025
Solvency
53.2%▼ 39.6pp
2024 · 92.8%
2018: 57.1%
2019: 58.3%
2020: 57.6%
2021: 97.8%
2022: 97.5%
2023: 96.8%
2024: 92.8%
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€227k-€228k▲ 0.5%€232k▲ 1.8%€233k▲ 0.2%€107k▼ 53.9%
Operating result€299k-€2k▼ 99.4%€6k▲ 229%€-749€2k
Net result€203k-€1k▼ 99.4%€4k▲ 266%€569▼ 86.3%€2k▲ 166%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €2k after a loss of €749 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €201k
Fixed assets
€5k=
Current assets
€196k▼ 20.1%
Equity and liabilities €201k
Equity
€107k▼ 53.9%
Debt
€94k▲ 423%
The debt ratio rises from 7.2% to 46.8%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
53.2%▼
2024 · 92.8%
ROE
1.4%▲
2024 · 0.2%
ROA
0.8%▲
2024 · 0.2%
Debt
€94k▲
2024 · €18k
Debt ≤ 1 year
€94k▲
2024 · €18k
Income taxes
€603▲
2024 · €213
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€251k€201k▼
Fixed assets21/28€5k€5k=
Financial fixed assets28€5k€5k=
Current assets29/58€246k€196k▼
Amounts receivable within one year40/41€214k€116k▼
Trade receivables40€1k€6k▲
Other amounts receivable41€213k€110k▼
Cash at bank and in hand54/58€31k€80k▲
Equity and liabilities
Total equity and liabilities10/49€251k€201k▼
Equity10/15€233k€107k▼
Contributions10/11€19k€19k=
Reserves13€214k€89k▼
Distributable reserves133€214k€89k▼
Amounts payable17/49€18k€94k▲
Amounts payable within one year42/48€18k€94k▲
Trade debts44€39€41▲
Suppliers440/4€39€41▲
Taxes, remuneration and social security45€13k€9k▼
Taxes450/3€13k€9k▼
Other amounts payable47/48€5k€85k▲
Income statement
Code20242025
Other operating charges640/8€528€4k▲
Gross operating margin9900€-221€6k▲
Operating profit (loss)9901€-749€2k▲
Financial income75/76B€2k-
Recurring financial income75€2k-
Financial charges65/66B€213€128▼
Recurring financial charges65€213€128▼
Profit (loss) for the period before taxes9903€783€2k▲
Income taxes67/77€213€603▲
Profit (loss) for the period9904€569€2k▲
Profit (loss) for the period to be appropriated9905€569€2k▲
Appropriation of the result
Profit (loss) to be appropriated9906€569€2k▲
Transfer from equity791/2-€127k
Transfer to equity691/2€569€2k▲
To other reserves6921€569€2k▲
Profit to be distributed694/7-€127k
Return on contributions (dividend)694-€127k
The notes to these accounts (3 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
23-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
23-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
01-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
05-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €203k ▲104935%
Operating result €299k, net result €203k, both a record.
31-12
Financial
Liquidity times 22current ratio 43.64
Current ratio from 1.96 to 43.64; short-term debt falls from €13k to €5k.
31-12
Financial
Equity above €200kEq €227k ▲1217%
3 profitable years in a row build equity to €227k.
22-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €194
Net result €194 after one loss-making year.
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
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, Maldegem · 1 establishment unit since 2014
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.
Pot- en Zuidhoutstraat 109990 MaldegemGround area
1.5 ha
Building footprint
1,678 m²
Volume, LiDAR
10,666 m³
2 parcels, Flanders · tallest building 7.8 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Ulmus Laevis
since 20142.238.200.863
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 43010C1133/00N004 | Flanders | 1.4 ha | 1 · 1,608 m² | 7.8 m · 2 fl. |
| 43010C1133/00W003 | Flanders | 1,082 m² | 1 · 70 m² | 5.5 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 24,728 companies in sector 64210 we hold annual accounts for 19,760. 12,481 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded14-10-2014
Fiscal year end31-12
Activities, NACEBEL
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.