ULTRA
ActiveThe computed 12-month bankruptcy probability of ULTRA is 3.4% (moderate). The 2024 annual accounts show equity of €9k and a net result of €-8k. Equity remains stable across the filed fiscal years (±1.9% per year). Its solvency ranks better than 48% of 36376 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-100
Solvency80▼-19
Growth32▼-20
Stability100
Bankruptcy probability, 12 months
3.4%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €500 at 30 days acceptable
Liquidity ample (current ratio 1.55 against 2.2 in 2023), but 55.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
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 2024Solvency, return and age of the figures
Solvency
44.9%
Return on assets
-41.8%
Age of the figures
20 mo
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-09-2025, 34 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
34 d late
2023
43 d early
2022
55 d early
2021
34 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Turnover
€237k
EBIT margin
5.4%
Net result
€-8k
2023 · €6k
2021: €10k
2022: €1k
2023: €6k
2021 → 2024
Working capital
€6k▼ 49.6%
2023 · €12k
2021: €5k
2022: €7k
2023: €12k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Turnover€237k-
Equity€11k-€12k▲ 10.2%€17k▲ 46.6%€9k▼ 48.2%
Operating result€13k-€3k▼ 74.4%€11k▲ 236%€-7k
Net result€10k-€1k▼ 88.8%€6k▲ 405%€-8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €7k after €11k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €20k
Fixed assets
€3k▼ 45.1%
Current assets
€17k▼ 22.9%
Equity and liabilities €20k
Equity
€9k▼ 48.2%
Debt
€11k▲ 9.0%
The debt ratio rises from 36.8% to 55.1%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€-4k▼
2023 · €13k
Cash flow
€-6k▼
2023 · €7k
Solvency
44.9%▼
2023 · 63.2%
Current ratio
1.55▼
2023 · 2.20
Quick ratio
1.55▼
2023 · 2.20
Debt / equity
1.23▲
2023 · 0.58
ROE
-93.0%▼
2023 · 31.8%
ROA
-41.8%▼
2023 · 20.1%
Interest coverage
-2.88▼
2023 · 3.20
Debt
€11k▲
2023 · €10k
Debt ≤ 1 year
€11k▲
2023 · €10k
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€28k€20k▼
Fixed assets21/28€5k€3k▼
Tangible fixed assets22/27€5k€3k▼
Furniture and vehicles24€5k€3k▼
Current assets29/58€22k€17k▼
Amounts receivable within one year40/41€14k€13k▼
Trade receivables40€5k€3k▼
Other amounts receivable41€9k€10k▲
Cash at bank and in hand54/58€9k€4k▼
Deferred charges and accrued income490/1-€206
Equity and liabilities
Total equity and liabilities10/49€28k€20k▼
Equity10/15€17k€9k▼
Contributions10/11€1k€1k=
Profit (loss) carried forward14€16k€8k▼
Amounts payable17/49€10k€11k▲
Amounts payable within one year42/48€10k€11k▲
Trade debts44€596€535▼
Suppliers440/4€596€535▼
Taxes, remuneration and social security45€7k€8k▲
Taxes450/3€1k-
Remuneration and social security454/9€6k€8k▲
Other amounts payable47/48€2k€2k▲
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€2k▲
Other operating charges640/8€440€627▲
Gross operating margin9900€13k€-4k▼
Operating profit (loss)9901€11k€-7k▼
Financial income75/76B-€2
Recurring financial income75-€2
Financial charges65/66B€4k€2k▼
Recurring financial charges65€4k€2k▼
Profit (loss) for the period before taxes9903€7k€-8k▼
Income taxes67/77€1k-
Profit (loss) for the period9904€6k€-8k▼
Profit (loss) for the period to be appropriated9905€6k€-8k▼
Appropriation of the result
Profit (loss) to be appropriated9906€16k€8k▼
Profit (loss) brought forward from the previous period14P€11k€16k▲
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-09
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 34 days late
2024
31-12
Financial
Weakest financial yearnet €-8k ▼252%
Net result drops to €-8k, the lowest in the series.
18-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
27-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Antwerpen · 1 establishment unit since 2020
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.
Balansstraat 382018 AntwerpenGround area
50 m²
Building footprint
50 m²
Volume, LiDAR
667 m³
Parcel 11811L3803/00X000, Flanders · tallest building 14.2 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
ULTRA
since 20202.303.380.707
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11811L3803/00X000 | Flanders | 50 m² | 1 · 50 m² | 14.2 m · 4 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.
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Of 3,937 companies in sector 43331 we hold annual accounts for 1,777. 1,020 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded11-06-2020
Fiscal year end31-12
Activities, NACEBEL
43331Floor and wall tiling
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 12-09-2026. Scores and ratios are computed by Checked and are not a credit decision.