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ULTISYN

Active
Private limited companyfounded 2019active for 6 yearsKoninklijke Baan(Kok) 122, 8670 Koksijde, BelgiumKBO/BCE: BE 0739.863.837
Summary

ULTISYN has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €16,945 and a net result of €43,197. Its solvency ranks better than 25% of 17,149 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (low).

Overview

Official details

Source: KBO
Status
Active since 20-12-2019 Normal situation
Activity
Property management for co-owned buildings (syndics) NACE 68321
Establishment unit
2.297.559.024 8670 Koksijde, since 20-12-2019
Financial year end
31 December
Peppol
Reachable since 22-10-2025

Board and ownership

Board

Financial position

67 Healthy Checked score 2025
Bankruptcy probabilitywithin 12 months
1.2%
Annual accounts 2025
Gross margin
€237,957
▲ 13.5%
Turnover
≈ €420,000
estimated
Profit
€43,197
Equity
€16,945
Total assets
€491,919
▲ 210%
Employees on 31-12-2025
2
=
  • 2025 accounts filed 31 days after the deadline
Score breakdownraises risk1 change of registered office in 24 monthsLast filed accounts filed 31 days late; 2 of the last 3 accounts latelowers riskSector: Real estate activities (NACE 68)Size: total assets €491,919Show the evidence

Checked score

Score 2025
67 / 100
Healthy
Probability in this band: 0.55% to 1.5%
Financially stronger than 64% of micro companies in real estate (NACE 68)
Financial strength · tick: 2024
Average
Solvency 28+19
equity 3.4% of total assets
Liquidity 52+2
short-term debt 14.4% · cash 3.8%
Profitability 80+75
return on assets 8.8%
Bankruptcy probability within 12 months
1.2% Low
0%0.5%1.5%4%10%≥ 25%

About 1 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (26,630 companies, NACE 68, micro)
Last 24 months 12-2024: 1.0% 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 0.9%▼ -0.1 percentage points vs 02-2025 04-2025: 0.9%● unchanged vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 0.8%▼ -0.1 percentage points vs 06-2025lowest value 08-2025: 1.3%▲ +0.5 percentage points vs 07-2025 09-2025: 1.3%● unchanged vs 08-2025 10-2025: 1.3%● unchanged vs 09-2025 11-2025: 2.9%▲ +1.6 percentage points vs 10-2025 12-2025: 3.0%▲ +0.1 percentage points vs 11-2025 01-2026: 3.0%● unchanged vs 12-2025 02-2026: 3.0%● unchanged vs 01-2026 03-2026: 3.3%▲ +0.3 percentage points vs 02-2026 04-2026: 3.3%● unchanged vs 03-2026 05-2026: 3.0%▼ -0.3 percentage points vs 04-2026 06-2026: 2.9%▼ -0.1 percentage points vs 05-2026 07-2026: 2.9%● unchanged vs 06-2026 08-2026: 3.5%▲ +0.6 percentage points vs 07-2026highest value 09-2026: 1.1%▼ -2.4 percentage points vs 08-2026 10-2026: 1.2%▲ +0.1 percentage points vs 09-2026 11-2026: 1.2%● unchanged vs 10-2026
Credit of up to €1,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.9 (1.91 in 2024), above the usual 1.5. Short-term debt is 14.4% and cash 3.8% of total assets. However, 96.6% of the assets are financed with debt and provisions.
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 68, micro). It does better than 24% of them on solvency, 59% on liquidity, 77% on profitability and 94% 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

Five signals.
lowers riskraises risk
lowers risk · Sector: Real estate activities (NACE 68)
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Last filed accounts filed 31 days late; 2 of the last 3 accounts late
NBB · filings
lowers risk · Size: total assets €491,919
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 2025 accounts filed 31 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 2 filings
Deviation from the deadline
2025
31 days late
2024
60 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 2 accounts on average 46 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Where today falls in the filing period
04-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Back in profit in 2025after a loss of €136,708 in 2024 €43,197 View
  • Merger with DB BEHEER BVmerger on 08-11-2024 2024 View
  • Higher gross margin than 90% of companies in real estatesector median €40,727 · 17,117 companies €237,957 View

Recent changes

  1. · Gazette deed Registered office moved within KoksijdeNew seat: 8670 Koksijde, Koninklijke baan 122 GV.02 · Previous seat: 8670 Koksijde, Koninklijke baan 84B
  2. · Gazette deed Merger: ULTISYN takes over DB BEHEERChange of role: Lorentz Baelen, from manager to director
  3. · Gazette deed Merger proposal: Ultisyn takes over DB BEHEER BV
All 8 events

Comparable companies

These companies have the same main activity as ULTISYN: property management for co-owned buildings (syndics) (NACE 68321). They are comparable in size and age: total assets between €308,000 and €697,000, founded between 2018 and 2020.

CompanyTotal assetsGross margin
ULTISYN Koksijde€491,919€237,957
VINCE-IMMO Knokke-Heist€555,362€262,768
Immo Move Jabbeke€580,950€237,686
Fw RED Oostkamp€696,790€239,773
HET SYNDICHUIS Oostende€307,849€273,781
Caroline Hans Immobiliën Antwerpen€554,820€247,366
EV Antwerpen-Zuid Edegem€414,650€334,795
Full comparison

Key facts about ULTISYN

What is the company number of ULTISYN?
The company number of ULTISYN is 0739.863.837. The VAT number is the same number with BE in front: BE 0739.863.837.
Where is ULTISYN based?
The registered office is at Koninklijke Baan(Kok) 122, 8670 Koksijde.Company details
What does ULTISYN do?
According to the KBO register, the main activity is property management for co-owned buildings (syndics) (NACE 68321).
What is the legal form of ULTISYN?
The legal form of ULTISYN is Private limited company (BV).
When was ULTISYN founded?
ULTISYN was founded on 20-12-2019.
Is ULTISYN still active?
Yes, ULTISYN is an active enterprise in the KBO register.
How many employees does ULTISYN have?
ULTISYN had an average of 1.9 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of ULTISYN?
The turnover in financial year 2025 is ≈ €420,000. This figure is estimated from the gross margin of €237,957 and 37 comparable companies (NACE 683). It probably lies between €340,000 and €620,000.
Is ULTISYN profitable?
In financial year 2025, ULTISYN made a profit of €43,197.
Where can I find the annual accounts of ULTISYN?
ULTISYN filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of ULTISYN due?
ULTISYN must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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