Ultramarijn
ActiveUltramarijn has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €665k and a net result of €29k. Equity is growing by ~8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 1.0% (low).
Checked score
Score 2024
86
/ 100
Excellent▼ -8 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability22▼-6
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
1.0%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €55k at 30 days acceptable
Liquidity ample (current ratio 22.52 against 2.96 in 2023), and 4.3% 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.
−lowers risk+raises risk○neutral
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 2024Solvency, return and age of the figures
Solvency
95.7%
Return on assets
4.1%
Age of the figures
20 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-06-2025, 51 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
51 d early
2023
23 d late
2022
40 d early
2021
12 d early
2020
60 d early
2019
42 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€665k▲ 4.5%
2023 · €636k
2018: €379k
2019: €449k
2020: €522k
2021: €583k
2022: €601k
2023: €636k
2018 → 2024
Total assets
€695k▼ 26.6%
2023 · €947k
2018: €448k
2019: €568k
2020: €802k
2021: €949k
2022: €934k
2023: €947k
2018 → 2024
Net result
€29k▼ 19.3%
2023 · €36k
2018: €71k
2019: €70k
2020: €73k
2021: €61k
2022: €18k
2023: €36k
2018 → 2024
Working capital
€648k▲ 6.1%
2023 · €610k
2018: €379k
2019: €451k
2020: €529k
2021: €581k
2022: €566k
2023: €610k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€522k-€583k▲ 11.6%€601k▲ 3.1%€636k▲ 5.9%€665k▲ 4.5%
Operating result€99k-€97k▼ 2.5%€27k▼ 72.2%€49k▲ 82.4%€42k▼ 14.0%
Net result€73k-€61k▼ 16.9%€18k▼ 70.6%€36k▲ 99.3%€29k▼ 19.3%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 14% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €695k
Fixed assets
€18k▼ 32.4%
Current assets
€678k▼ 26.4%
Equity and liabilities €695k
Equity
€665k▲ 4.5%
Debt
€30k▼ 90.3%
The debt ratio falls from 32.8% to 4.3%: equity grows while debt is paid down.
Key figures and ratios
EBITDA
€51k▼
2023 · €58k
Cash flow
€37k▼
2023 · €44k
Solvency
95.7%▲
2023 · 67.2%
Current ratio
22.52▲
2023 · 2.96
Quick ratio
22.52▲
2023 · 2.96
Debt / equity
0.05▼
2023 · 0.49
ROE
4.3%▼
2023 · 5.6%
ROA
4.1%▲
2023 · 3.8%
Interest coverage
38.45▼
2023 · 895.02
Debt
€30k▼
2023 · €311k
Debt ≤ 1 year
€30k▼
2023 · €311k
Income taxes
€12k▼
2023 · €15k
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€947k€695k▼
Fixed assets21/28€26k€18k▼
Tangible fixed assets22/27€26k€18k▼
Furniture and vehicles24€26k€18k▼
Current assets29/58€921k€678k▼
Amounts receivable within one year40/41€3k€15k▲
Trade receivables40€3k€3k=
Other amounts receivable41€183€13k▲
Cash at bank and in hand54/58€918k€662k▼
Deferred charges and accrued income490/1€321€328▲
Equity and liabilities
Total equity and liabilities10/49€947k€695k▼
Equity10/15€636k€665k▲
Contributions10/11€6k€6k=
Reserves13€630k€659k▲
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€628k€657k▲
Amounts payable17/49€311k€30k▼
Amounts payable within one year42/48€311k€30k▼
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€22k€26k▲
Taxes450/3€22k€26k▲
Other amounts payable47/48€287k€3k▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€8k€8k=
Other operating charges640/8€2k€2k▼
Gross operating margin9900€59k€52k▼
Operating profit (loss)9901€49k€42k▼
Financial income75/76B€1k€1▼
Recurring financial income75€1k€1▼
Financial charges65/66B€64€1k▲
Recurring financial charges65€64€1k▲
Profit (loss) for the period before taxes9903€51k€41k▼
Income taxes67/77€15k€12k▼
Profit (loss) for the period9904€36k€29k▼
Transfer from tax-exempt reserves789€0-
Profit (loss) for the period to be appropriated9905€36k€29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€36k€29k▼
Transfer to equity691/2€36k€29k▼
To other reserves6921€36k€29k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Liquidity times 8current ratio 22.52
Current ratio from 2.96 to 22.52; short-term debt falls from €311k to €30k.
23-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 23 days late
2023
21-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Weakest financial yearnet €18k ▼70.6%
Net result drops to €18k, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €73k ▲4.6%
Net result €73k, the highest in the series.
31-12
Financial
Equity above €500kEq €522k ▲16.3%
3 profitable years in a row build equity to €522k.
19-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
11-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
12-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
06-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
20-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated 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, Kapelle-op-den-Bos
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.
Leiweg 471880 Kapelle-op-den-BosGround area
2,782 m²
Building footprint
146 m²
Volume, LiDAR
1,087 m³
Parcel 23039B0117/00C000, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23039B0117/00C000 | Flanders | 2,782 m² | 1 · 146 m² | 9.5 m · 2 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.
Company data · Crossroads Bank
Identification
Legal formPrivate limited company (pre-2019)
Founded20-05-2011
Fiscal year end31-12
Sources
Crossroads Bank for EnterprisesNational Bank · 14 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.