ULTRA MOTORS
The file of ULTRA MOTORS contains 1 historical bankruptcy publication, as published in the Belgian State Gazette. The computed 12-month bankruptcy probability is 9.6% (elevated). The 2024 annual accounts show negative equity (€-7k) and a net result of €-815. Equity is growing by ~7.1% per year across the filed fiscal years. Its solvency ranks better than 13% of 2275 sector peers (fiscal year 2024).
| Equity | €-7k |
| Net result | €-815 |
| Better than sector | 13% |
| Active | 4 yrs |
Mixed profile: strong on growth, weaker on health.
All 5 axes are computed from data Checked has read.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | -18.6% | 27.3% | |
| Net result | €-815 | €5k | |
| Equity | €-7k | €17k | |
| Gross operating margin | €1k | €28k | |
| Total assets | €40k | €65k |
Show 11 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | €82k |
| EBITDA | €-669 |
| Net profit | €-815 |
| Cash flow | €-799 |
| Staff costs | - |
| Income taxes | - |
| Dividends | - |
| Total assets | €40k |
| Equity | €-7k |
| Debt | €47k |
| of which ≤ 1y | €47k |
| of which > 1y | - |
| Working capital | €-17k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.63 |
| Quick ratio | 0.39 |
| Working capital ratio | -44.3% |
| Solvency | -18.6% |
| Debt / equity | -6.39 |
| Long-term debt ratio | - |
| Interest coverage | -5.16 |
| Gross margin | 1.6% |
| Net margin | -1.0% |
| ROA | -2.1% |
| ROE | 11.1% |
| EBITDA margin | -0.8% |
| Days sales outstanding | 0d |
| Days payable outstanding | 7d |
| Inventory turnover | 7.18 |
| Days inventory (DSI) | 51d |
Full annual accounts (22 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €40k |
| Fixed assets | 21/28 | €10k |
| Tangible fixed assets | 22/27 | €209 |
| Financial fixed assets | 28 | €10k |
| Current assets | 29/58 | €29k |
| Stocks & contracts in progress | 3 | €11k |
| Amounts receivable within one year | 40/41 | €1k |
| Cash & bank | 54/58 | €17k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €40k |
| Equity | 10/15 | €-7k |
| Contributions / capital | 10/11 | €4k |
| Accumulated profits (losses) | 14 | €-11k |
| Amounts payable | 17/49 | €47k |
| Amounts payable within one year | 42/48 | €47k |
| Trade debts payable within one year | 44 | €2k |
| Income statement | ||
| Turnover | 70 | €82k |
| Gross operating margin | 9900 | €1k |
| Operating result | 9901 | €-686 |
| Financial charges | 65 | €130 |
| Result before taxes | 9903 | €-815 |
| Net result for the period | 9904 | €-815 |
| Result to be appropriated | 9905 | €-815 |
-
Karraz AkramDirectorState Gazette act 25021044 (11-02-2025)Current11-02-2025 → present
-
Yahiaoui MohamedDirectorState Gazette act 23142144 (09-11-2023)Current09-11-2023 → present
Former directors (1)
-
Annassiri Bouchaouni MohamedDirectorState Gazette act 23010548 (23-01-2023)Former- → 23-01-2023
| NACE primary | Goederenvervoer over de weg(49410) |
| Legal form | Private limited company(610) |
| Incorporation | 13-10-2021 |
| Status | Active |
| Postal code | 1030 |
| First insolvency signal | 25-06-2024 |
| Latest insolvency signal | 25-06-2024 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21905C0093/00B005 | Brussels | 133 m² | - | - |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
11-02-2025 Karraz Akram appointed as director
- Karraz Akram, Bestuurder
Technical details
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}08-08-2024 Registered office moved from ZAVENTEM to SCHAERBEEK
- 8 IMPERIASTRAAT, 1930 ZAVENTEM → 576 Leuvensesteenweg, 1030 SCHAERBEEK, Belgie
Technical details
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}09-11-2023 Transaction in capital or shares
Technical details
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}23-01-2023 All shares are now held by a single shareholder
Technical details
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}| Legal nameNL | ULTRA MOTORS |