ULTRA DEVELOPMENT ENGINEERING
ActiveSummary
ULTRA DEVELOPMENT ENGINEERING has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.11M and a net result of €7k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 75% of 2015 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability42▲+2
Solvency94▲+1
Growth52=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €80k at 30 days acceptable
Liquidity ample (current ratio 3.22 against 2.67 in 2024; short-term debt: 10.3% and cash: 6.5% of total assets), and 31.3% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
68.7%
Return on assets
0.4%
Age of the figures
9 mo
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 07-05-2026, 85 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
85 d early
2024
25 d late
2023
on the day
2022
11 d early
2021
27 d early
2020
31 d late
2019
68 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
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
25-09-2026 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
€1.11M▲ 0.6%
2024 · €1.11M
2018: €1.09Mlowest in 8 years
2019: €1.11M▲ +2.2% vs 2018
2020: €1.12M▲ +0.4% vs 2019
2021: €1.14M▲ +2.2% vs 2020highest in 8 years
2022: €1.10M▼ -3.5% vs 2021
2023: €1.10M▲ +0.1% vs 2022
2024: €1.11M▲ +0.4% vs 2023
2025: €1.11M▲ +0.6% vs 2024
2018 → 2025
Total assets
€1.62M=
2024 · €1.62M
2018: €1.23Mlowest in 8 years
2019: €1.47M▲ +18.9% vs 2018
2020: €1.69M▲ +15.0% vs 2019highest in 8 years
2021: €1.60M▼ -5.4% vs 2020
2022: €1.44M▼ -9.7% vs 2021
2023: €1.40M▼ -2.9% vs 2022
2024: €1.62M▲ +15.7% vs 2023
2025: €1.62M● -0.0% vs 2024
2018 → 2025
Net result
€7k▲ 49.0%
2024 · €5k
2018: €37k
2019: €37k● 0.0% vs 2018
2020: €24k▼ -34.2% vs 2019
2021: €24k▼ -0.3% vs 2020
2022: €45k▲ +86.3% vs 2021highest in 8 years
2023: €1k▼ -97.7% vs 2022lowest in 8 years
2024: €5k▲ +346% vs 2023
2025: €7k▲ +49.0% vs 2024
2018 → 2025
Working capital
€369k▲ 38.5%
2024 · €267k
2018: €402khighest in 8 years
2019: €381k▼ -5.2% vs 2018
2020: €347k▼ -8.8% vs 2019
2021: €312k▼ -10.2% vs 2020
2022: €274k▼ -12.1% vs 2021
2023: €276k▲ +0.5% vs 2022
2024: €267k▼ -3.3% vs 2023lowest in 8 years
2025: €369k▲ +38.5% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.14M-€1.10M▼ 3.5%€1.10M▲ 0.1%€1.11M▲ 0.4%€1.11M▲ 0.6%
2021: €1.14Mhighest in 5 years
2022: €1.10M▼ -3.5% vs 2021lowest in 5 years
2023: €1.10M▲ +0.1% vs 2022
2024: €1.11M▲ +0.4% vs 2023
2025: €1.11M▲ +0.6% vs 2024
Operating result€43k-€73k▲ 67.5%€4k▼ 93.9%€15k▲ 235%€23k▲ 53.7%
2021: €43k
2022: €73k▲ +67.5% vs 2021highest in 5 years
2023: €4k▼ -93.9% vs 2022lowest in 5 years
2024: €15k▲ +235% vs 2023
2025: €23k▲ +53.7% vs 2024
Net result€24k-€45k▲ 86.3%€1k▼ 97.7%€5k▲ 346%€7k▲ 49.0%
2021: €24k
2022: €45k▲ +86.3% vs 2021highest in 5 years
2023: €1k▼ -97.7% vs 2022lowest in 5 years
2024: €5k▲ +346% vs 2023
2025: €7k▲ +49.0% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 54% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.62M
Fixed assets
€1.08M ▼ 9.3%
Current assets
€536k ▲ 25.8%
Equity and liabilities €1.62M
Equity
€1.11M ▲ 0.6%
Debt
€506k ▼ 1.5%
Debt's share of the balance-sheet total falls from 31.7% to 31.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€36k▲
2024 · €20k
Cash flow
€19k▲
2024 · €9k
Current ratio
3.22▲
2024 · 2.67
Debt to equity
0.45▼
2024 · 0.46
ROE
0.6%▲
2024 · 0.4%
ROA
0.4%▲
2024 · 0.3%
Interest coverage
2.72▲
2024 · 2.50
Debt ≤ 1 year
€167k▲
2024 · €159k
Debt > 1 year
€339k▼
2024 · €354k
Income taxes
€3k▲
2024 · €3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 47 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.62M€1.62M=
Fixed assets21/28€1.19M€1.08M▼
Tangible fixed assets22/27€747k€636k▼
Land and buildings22€747k€636k▼
Financial fixed assets28€448k€448k=
Current assets29/58€426k€536k▲
Amounts receivable after more than one year29€190k€190k=
Other amounts receivable291€190k€190k=
Amounts receivable within one year40/41€204k€240k▲
Trade receivables40€136k€137k▲
Other amounts receivable41€68k€103k▲
Cash at bank and in hand54/58€32k€106k▲
Equity and liabilities
Total equity and liabilities10/49€1.62M€1.62M=
Equity10/15€1.11M€1.11M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€146k€153k▲
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Distributable reserves133€140k€147k▲
Profit (loss) carried forward14€899k€899k=
Amounts payable17/49€514k€506k▼
Amounts payable after more than one year17€354k€339k▼
Financial debts170/4€354k€339k▼
Amounts payable within one year42/48€159k€167k▲
Current portion of amounts payable after more than one year42€21k€26k▲
Trade debts44€294€3k▲
Suppliers440/4€294€3k▲
Taxes, remuneration and social security45€3k€12k▲
Taxes450/3€3k€12k▲
Other amounts payable47/48€135k€125k▼
Accrued charges and deferred income492/3€1k€424▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€5k€13k▲
Other operating charges640/8€2k€4k▲
Gross operating margin9900€22k€39k▲
Operating profit (loss)9901€15k€23k▲
Financial charges65/66B€8k€13k▲
Recurring financial charges65€8k€13k▲
Profit (loss) for the period before taxes9903€7k€10k▲
Income taxes67/77€3k€3k▲
Profit (loss) for the period9904€5k€7k▲
Profit (loss) for the period to be appropriated9905€5k€7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€899k€905k▲
Profit (loss) brought forward from the previous period14P€894k€899k▲
Transfer to equity691/2-€7k
To other reserves6921-€7k
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | €38k | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €8k | €5k | €4k | €5k | €13k | ▲ 170% |
| Other operating charges640/8 | €3k | €2k | €10k | €2k | €4k | ▲ 64.1% |
| Gross operating margin9900 | €55k | €79k | €19k | €22k | €39k | ▲ 79.6% |
| Operating profit (loss)9901 | €43k | €73k | €4k | €15k | €23k | ▲ 53.7% |
| Financial income75/76B | €375 | - | - | - | - | - |
| Recurring financial income75 | €375 | - | - | - | - | - |
| Financial charges65/66B | €6k | €5k | €3k | €8k | €13k | ▲ 66.8% |
| Recurring financial charges65 | €6k | €5k | €3k | €8k | €13k | ▲ 66.8% |
| Profit (loss) for the period before taxes9903 | €38k | €67k | €1k | €7k | €10k | ▲ 39.2% |
| Income taxes67/77 | €14k | €22k | €395 | €3k | €3k | ▲ 21.5% |
| Profit (loss) for the period9904 | €24k | €45k | €1k | €5k | €7k | ▲ 49.0% |
| Profit (loss) for the period to be appropriated9905 | €24k | €45k | €1k | €5k | €7k | ▲ 49.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.60M | €1.44M | €1.40M | €1.62M | €1.62M | = |
| Fixed assets21/28 | €1.19M | €990k | €976k | €1.19M | €1.08M | ▼ 9.3% |
| Tangible fixed assets22/27 | €744k | €542k | €529k | €747k | €636k | ▼ 14.8% |
| Land and buildings22 | €743k | €533k | €529k | €747k | €636k | ▼ 14.8% |
| Furniture and vehicles24 | €727 | €9k | €213 | - | - | - |
| Financial fixed assets28 | €448k | €448k | €448k | €448k | €448k | = |
| Current assets29/58 | €405k | €453k | €424k | €426k | €536k | ▲ 25.8% |
| Amounts receivable after more than one year29 | €202k | €202k | €190k | €190k | €190k | = |
| Other amounts receivable291 | €202k | €202k | €190k | €190k | €190k | = |
| Amounts receivable within one year40/41 | - | €191k | €212k | €204k | €240k | ▲ 17.5% |
| Trade receivables40 | - | €190k | €174k | €136k | €137k | ▲ 0.3% |
| Other amounts receivable41 | - | €1k | €38k | €68k | €103k | ▲ 52.0% |
| Cash at bank and in hand54/58 | €202k | €60k | €22k | €32k | €106k | ▲ 233% |
| Deferred charges and accrued income490/1 | €2k | €41 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.60M | €1.44M | €1.40M | €1.62M | €1.62M | = |
| Equity10/15 | €1.14M | €1.10M | €1.10M | €1.11M | €1.11M | ▲ 0.6% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Reserves13 | €186k | €146k | €146k | €146k | €153k | ▲ 4.7% |
| Non-distributable reserves130/1 | €6k | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | €6k | €6k | €6k | €6k | €6k | = |
| Distributable reserves133 | €179k | €140k | €140k | €140k | €147k | ▲ 4.9% |
| Profit (loss) carried forward14 | €893k | €893k | €894k | €899k | €899k | = |
| Amounts payable17/49 | €456k | €341k | €299k | €514k | €506k | ▼ 1.5% |
| Amounts payable after more than one year17 | €363k | €163k | €150k | €354k | €339k | ▼ 4.0% |
| Financial debts170/4 | €363k | €163k | €150k | €354k | €339k | ▼ 4.0% |
| Amounts payable within one year42/48 | €93k | €179k | €149k | €159k | €167k | ▲ 4.5% |
| Current portion of amounts payable after more than one year42 | €47k | €26k | €16k | €21k | €26k | ▲ 24.1% |
| Trade debts44 | €5k | €6k | €3k | €294 | €3k | ▲ 923% |
| Suppliers440/4 | €5k | €6k | €3k | €294 | €3k | ▲ 923% |
| Taxes, remuneration and social security45 | €41k | €62k | €51k | €3k | €12k | ▲ 337% |
| Taxes450/3 | €41k | €62k | €51k | €3k | €12k | ▲ 337% |
| Other amounts payable47/48 | - | €85k | €79k | €135k | €125k | ▼ 7.4% |
| Accrued charges and deferred income492/3 | - | - | - | €1k | €424 | ▼ 61.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €24k | €45k | €1k | €5k | €7k | ▲ 49.0% |
| + Depreciation and write-downs630 | €8k | €5k | €4k | €5k | €13k | ▲ 170% |
| Operating cash flow (approximation) | €32k | €50k | €5k | €9k | €19k | ▲ 110% |
| Investment in fixed assets (approximation) | - | €198k | €9k | €-223k | €98k | ▲ 144% |
| Change in cash | - | €-142k | €-38k | €10k | €74k | ▲ 650% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
07-05
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
25-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 25 days late
2024
31-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Weakest financial yearnet €1k ▼97.7%
Net result drops to €1k, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €45k ▲86.3%
Operating result €73k, net result €45k, both a record.
04-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 31 days late
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 68 days late
2019
20-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 20 days late
2018
28-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 28 days late
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Zonhoven · 1 establishment unit since 2002
Ground area
741 m²
Building footprint
541 m²
Parcel 71443F0030/00V000, Flanders. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Rode Kruisweg 46, 3520 Zonhoven
since 20022.100.596.762
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71443F0030/00V000 | Flanders | 741 m² | 1 · 541 m² | - |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
SVR-ARCHITECTS
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Architectenvennootschap Plan 3
BE 0898.830.506
Gent · Eq €1,105,165
ATELIER D'ARCHITECTURE D D.V.
BE 0479.003.123
Nivelles · Eq €1,123,933
ARCHITECTENBUREAU KRISTIN VERVOORT
BE 0477.418.162
Kapellen · Eq €1,099,081
Of 18,255 companies in sector 71111 we hold annual accounts for 6,323. 2,648 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded04-04-2002
Fiscal year end31-12
Abbreviation NL
UDE
Activities, NACEBEL 2025
71111Activities of building architects
43990Other specialised construction activities
Scores and ratios are computed by Checked and are not a credit decision.