Active BE 0786.903.590Private limited company

UltraSafe

Vennestraat 30 ·3294 Diest, Belgium· 4 yrs active

Sector: Algemene elektrotechnische installatiewerken (43211)

Conclusion Checked

The computed 12-month bankruptcy probability of UltraSafe is 3.1% (moderate). The 2024 annual accounts show equity of €4k and a net result of €209. Equity is growing by ~9.6% per year across the filed fiscal years. Its solvency ranks better than 17% of 11120 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 3 annual accounts.

Key figures

Equity	€4k
Net result	€209
Better than sector	17%
Active	4 yrs

Financial profile 5 of 5 axes measured · computed by Checked

48 / 100

Mixed profile: strong on stability, weaker on solvency.

All 5 axes are computed from data Checked has read.

Health 43

Profitability 29

Solvency 22

Growth 52

Stability 94

Bankruptcy probability (12 mo) Checked model v1 · free

3.1% Moderate

0%0,5%1,5%4%10%≥25%

Young company +Higher-failure-rate sector +Annual accounts: weaker financial profile +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based

0 / 100

Low risk

Trust signals 2 signals

More than 3 years active

Founded in 2022, past the statistically most fragile first 3 years.

No legal incidents

No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2024 · computed

43 / 100 Weak

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.

See plans →

Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.

Financial overview3 NBB filings

Annual accounts filed on 29-08-2025 with the NBB · fiscal year 2024 · micro

Operating resultNet result

Trajectory (indicative)

Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.

growing Equity: growth of ~9.6%/year over 3 fiscal years, indicative, assuming unchanged policy.

Solid line = filed figures · dashed = extended trend · area = indicative range.

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).

Sector comparison

Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	11.3%	40.9%	better than 17% of 11120 sector peers
Net result	€209	€11k	better than 21% of 11103 sector peers
Equity	€4k	€34k	better than 13% of 11124 sector peers
Gross operating margin	€708	€35k	better than 9% of 11092 sector peers
Total assets	€32k	€94k	better than 16% of 11120 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€1k

-36.2% 22-24

Net profit

€209

-54.0% 22-24

Cash flow

€1k

-37.9% 22-24

Total assets

€32k

-8.5% 22-24

Equity

€4k

+6.1% 22-24

Working capital

€4k

+6.1% 22-24

Income taxes

€70

-54.0% 22-24

Debt

€29k

-10.1% 22-24

Show 8 other metrics

Debt ≤ 1y

€29k

-10.1% 22-24

Current ratio

1.13

+1.8% 22-24

Quick ratio

0.53

-7.2% 22-24

Solvency

11.3%

+15.9% 22-24

Debt / equity

7.82

-15.2% 22-24

ROE

5.7%

-56.6% 22-24

ROA

0.6%

-49.7% 22-24

Interest coverage

15.13

-83.2% 22-24

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2024
Deposit	micro
Revenue	-
EBITDA	-
Net profit	€209
Cash flow	-
Staff costs	-
Income taxes	€70
Dividends	-
Total assets	€32k
Equity	€4k
Debt	€29k
of which ≤ 1y	€29k
of which > 1y	-
Working capital	€4k
Employees (FTE)	-

Ratios (computed)

	2024
Current ratio	1.13
Quick ratio	0.53
Working capital ratio	11.3%
Solvency	11.3%
Debt / equity	7.82
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	0.6%
ROE	5.7%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2024

Equity & liabilities

Equity €4k · 11.3% Debt €29k · 88.7%

Full annual accounts (20 line items)

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2024
Balance sheet, Assets
TOTAL ASSETS	20/58	€32k
Current assets	29/58	€32k
Stocks & contracts in progress	3	€17k
Amounts receivable within one year	40/41	€15k
Cash & bank	54/58	€23
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€32k
Equity	10/15	€4k
Contributions / capital	10/11	€2k
Accumulated profits (losses)	14	€2k
Amounts payable	17/49	€29k
Amounts payable within one year	42/48	€29k
Trade debts payable within one year	44	€407
Income statement
Gross operating margin	9900	€708
Operating result	9901	€408
Financial income	75	€31
Financial charges	65	€161
Result before taxes	9903	€278
Income taxes	67/77	€70
Net result for the period	9904	€209
Result to be appropriated	9905	€209

This table shows the latest fiscal year. 2 prior years, with figures and ratios, belong to a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates 2 directors

Current directors & mandates

ThR1V3Legal entity
Director
State Gazette act 25356675 (19-09-2025)

Current
19-09-2025 → present

Former directors (1)

Stijn Brepoels
Director
State Gazette act 25356675 (19-09-2025)

Former
- → 19-09-2025

Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.This list is read straight from this company's published acts, not from the officer register.

Legal Structure

NACE primary	Algemene elektrotechnische installatiewerken(43211)
Legal form	Private limited company(610)
Incorporation	08-06-2022
Status	Active
Postal code	3294

Establishment units 1 location

UltraSafe

Bremakker 37, 3740 Bilzen-HoeseltInstallatie van bewakingssystemen en alarminstallaties tegen diefstal

since 20222.332.448.835

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

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.

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
73006G0403/00D000indicative	Flanders	2,253 m²	-	-
24073L0138/00W000	Flanders	243 m²	1 · 243 m²	11.2 m · 1 fl.

Methodology

via registered seat: 1 · via establishment units: 1

1 of 2 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 5 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025

19-09-2025

State Gazette act Capital & shares

Thierry Arnauts

29-08-2025

NBB filing Annual accounts filed

fiscal year 2024 · micro

2024

02-07-2024

NBB filing Annual accounts filed

fiscal year 2023 · micro

07-02-2024

State Gazette act Registered-office change

2023

07-08-2023

NBB filing Annual accounts filed

fiscal year 2022 · micro

Belgian State Gazette reading coverage 0 of 3 acts read

We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Belgisch Staatsblad, acts 2 acts

Capital history · 1

19-09-2025

Capital change

Address history · 1

07-02-2024

Registered-office move

All acts · 2 updated 11 months ago

2025

19-09-2025 All shares are now held by a single shareholder Capital & shares·Thierry Arnauts

Notary: Thierry Arnauts · Diest

Original publication ↗

Technical details

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    "legal_form": "Besloten Vennootschap",
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2024

07-02-2024 Registered office moved from Hasselt to Bilzen Registered-office change

Via Media 4 te 3500 Hasselt → Bremakker 37 te 3740 Bilzen

Original publication ↗

Technical details

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Credit advice verdict per customer and amount

Company registry (CBE) Crossroads Bank

Activities

Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Detailhandel in overige bouwmaterialen, neg47529

Primary activity highlighted.

Names & trade names

Legal nameNL

UltraSafe

Registered office

Vennestraat 30

3294 Diest, Belgium

Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.

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