Ultrax
ActiveSummary
Ultrax has been active since 1978 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags). The 2024 annual accounts show equity of €546,876 and a net result of -€50,407. Equity is growing by ~14.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability13▼-63
Solvency78▼-9
Growth52=
Track record84
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €25,000 at 30 days acceptable
Liquidity ample (current ratio 2.1 against 2.53 in 2023; short-term debt: 45.1% and cash: 5.2% of total assets), and 47.3% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
52.7%
Return on assets
-4.9%
Age of the figures
21 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 22-06-2026, 39 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
39 d early
2024
30 d early
2023
142 d late
2022
508 d late
2021
873 d late
2020
966 d late
2019
1331 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 536 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publicationsPublications
Late accounts filingStrikeout withdrawn
Checked, nothing found (1)
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. Usually files around 21 December (4 of the last 5 filed years within 365 days of that day).
Companies Code · seven monthsPosition in the running window
01-10-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Your own company? See how customers, suppliers and banks see it and what to improve first.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema, 2025 accounts filed, figures not processed yet
Equity
€546,876▼ 8.4%
2023 · €597,283
Total assets
€1.0m▲ 8.3%
2023 · €958,519
Net result
-€50,407
2023 · €54,736
Working capital
€512,452▼ 7.1%
2023 · €551,332
Trend over the years
In euros
In per cent
Ratio
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€86,026▲ 22.4%€183,637▲ 113%€44,088▼ 76.0%€77,333▲ 75.4%-€55,128
Net result€57,048within the sector's middle half▼ 5.0%€88,132above the sector's middle half▲ 54.5%€56,227above the sector's middle half▼ 36.2%€54,736above the sector's middle half▼ 2.7%-€50,407below the sector's middle half
Equity€398,189within the sector's middle half▲ 16.7%€486,321above the sector's middle half▲ 22.1%€542,548above the sector's middle half▲ 11.6%€597,283above the sector's middle half▲ 10.1%€546,876above the sector's middle half▼ 8.4%
Total assets€809,412within the sector's middle half▲ 5.0%€969,026above the sector's middle half▲ 19.7%€901,944above the sector's middle half▼ 6.9%€958,519above the sector's middle half▲ 6.3%€1.0mabove the sector's middle half▲ 8.3%
Debt€411,223▼ 4.4%€482,705▲ 17.4%€359,396▼ 25.5%€361,236▲ 0.5%€490,841▲ 35.9%
Working capital€318,926within the sector's middle half▲ 28.0%€423,276above the sector's middle half▲ 32.7%€494,497above the sector's middle half▲ 16.8%€551,332above the sector's middle half▲ 11.5%€512,452above the sector's middle half▼ 7.1%
Solvency49.2%within the sector's middle half▲ 5.0pp50.2%within the sector's middle half▲ 1.0pp60.2%within the sector's middle half▲ 10.0pp62.3%above the sector's middle half▲ 2.2pp52.7%within the sector's middle half▼ 9.6pp
Current ratio1.78within the sector's middle half▲ 0.201.88within the sector's middle half▲ 0.102.38within the sector's middle half▲ 0.502.53within the sector's middle half▲ 0.152.10within the sector's middle half▼ 0.44
Return on assets (ROA)7.0%within the sector's middle half▼ 0.7pp9.1%within the sector's middle half▲ 2.0pp6.2%within the sector's middle half▼ 2.9pp5.7%within the sector's middle half▼ 0.5pp-4.9%below the sector's middle half▼ 10.6pp
Staff (FTE)11=
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
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 turns negative in 2024: a loss of €55,128 after €77,333 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.0m
Fixed assets
€57,523 ▲ 21.1%
Current assets
€980,194 ▲ 7.6%
Equity and liabilities €1.0m
Equity
€546,876 ▼ 8.4%
Debt
€490,841 ▲ 35.9%
Debt's share of the balance-sheet total rises from 37.7% to 47.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€53,601▼
2023 · €79,432
Cash flow
-€48,880▼
2023 · €56,835
Quick ratio
2.01▼
2023 · 2.42
Debt to equity
0.90▲
2023 · 0.60
ROE
-9.2%▼
2023 · 9.2%
Interest coverage
-15.60▼
2023 · 48.28
Debt ≤ 1 year
€467,742▲
2023 · €359,680
Debt > 1 year
€11,275
Income taxes
€35,342▲
2023 · €20,952
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 8,612 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
0.4%
went bankrupt
5.1%
stopped otherwise
94%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.7% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,341 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 8,612 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €35,138 | €34,355 | €21,196 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €16,417 | €16,218 | €14,995 | €2,099 | €1,527 | ▼ 27.3% |
| Other operating charges640/8 | €10,776 | €16,239 | €9,067 | €9,148 | €17,430 | ▲ 90.5% |
| Gross operating margin9900 | €148,358 | €250,448 | €89,346 | €88,580 | -€36,171 | ▼ 141% |
| Operating profit (loss)9901 | €86,026 | €183,637 | €44,088 | €77,333 | -€55,128 | ▼ 171% |
| Financial income75/76B | €34 | €26,954 | €36,842 | €0 | €43,498 | ▲ 39,543,373% |
| Recurring financial income75 | €34 | €26,954 | €36,842 | €0 | €43,498 | ▲ 39,543,373% |
| Financial charges65/66B | €3,462 | €3,770 | €2,439 | €1,645 | €3,436 | ▲ 109% |
| Recurring financial charges65 | €3,462 | €3,770 | €2,439 | €1,645 | €3,436 | ▲ 109% |
| Profit (loss) for the period before taxes9903 | €82,598 | €206,820 | €78,491 | €75,688 | -€15,065 | ▼ 120% |
| Income taxes67/77 | €25,549 | €118,689 | €22,264 | €20,952 | €35,342 | ▲ 68.7% |
| Profit (loss) for the period9904 | €57,048 | €88,132 | €56,227 | €54,736 | -€50,407 | ▼ 192% |
| Profit (loss) for the period to be appropriated9905 | €57,048 | €88,132 | €56,227 | €54,736 | -€50,407 | ▼ 192% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €809,412 | €969,026 | €901,944 | €958,519 | €1.0m | ▲ 8.3% |
| Fixed assets21/28 | €80,819 | €64,601 | €49,606 | €47,507 | €57,523 | ▲ 21.1% |
| Tangible fixed assets22/27 | €80,737 | €64,519 | €49,524 | €47,425 | €57,523 | ▲ 21.3% |
| Land and buildings22 | €72,218 | €60,059 | €47,899 | €47,012 | €46,125 | ▼ 1.9% |
| Plant, machinery and equipment23 | €5,897 | €3,126 | €1,578 | €413 | €133 | ▼ 67.7% |
| Furniture and vehicles24 | €2,622 | €1,335 | €47 | €0 | €11,265 | - |
| Financial fixed assets28 | €82 | €82 | €82 | €82 | €0 | ▼ 100% |
| Current assets29/58 | €728,593 | €904,425 | €852,338 | €911,012 | €980,194 | ▲ 7.6% |
| Stocks and contracts in progress3 | €41,939 | €41,939 | €41,939 | €41,939 | €41,939 | = |
| Stocks30/36 | €41,939 | €41,939 | €41,939 | €41,939 | €41,939 | = |
| Amounts receivable within one year40/41 | €630,268 | €820,986 | €764,057 | €866,351 | €883,243 | ▲ 1.9% |
| Trade receivables40 | €241,122 | €340,264 | €168,984 | €148,115 | €132,832 | ▼ 10.3% |
| Other amounts receivable41 | €389,146 | €480,722 | €595,073 | €718,235 | €750,410 | ▲ 4.5% |
| Cash at bank and in hand54/58 | €49,541 | €39,038 | €44,723 | €2,722 | €53,777 | ▲ 1,876% |
| Deferred charges and accrued income490/1 | €6,845 | €2,462 | €1,619 | €0 | €1,235 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €809,412 | €969,026 | €901,944 | €958,519 | €1.0m | ▲ 8.3% |
| Equity10/15 | €398,189 | €486,321 | €542,548 | €597,283 | €546,876 | ▼ 8.4% |
| Contributions10/11 | €325,000 | €325,000 | €325,000 | €325,000 | €325,000 | = |
| Reserves13 | €73,189 | €73,189 | €73,189 | €73,189 | €73,189 | = |
| Non-distributable reserves130/1 | €18,443 | €18,443 | €18,443 | €18,443 | €18,443 | = |
| Reserves not available under the articles1311 | €18,443 | - | - | - | - | - |
| Other1319 | - | €18,443 | €18,443 | €18,443 | €18,443 | = |
| Distributable reserves133 | €54,746 | €54,746 | €54,746 | €54,746 | €54,746 | = |
| Profit (loss) carried forward14 | - | €88,132 | €144,358 | €199,094 | €148,687 | ▼ 25.3% |
| Amounts payable17/49 | €411,223 | €482,705 | €359,396 | €361,236 | €490,841 | ▲ 35.9% |
| Amounts payable after more than one year17 | - | - | - | - | €11,275 | - |
| Other amounts payable178/9 | - | - | - | - | €11,275 | - |
| Amounts payable within one year42/48 | €409,667 | €481,149 | €357,841 | €359,680 | €467,742 | ▲ 30.0% |
| Current portion of amounts payable after more than one year42 | - | - | €5,056 | €0 | - | - |
| Financial debts43 | €9,994 | €0 | - | - | - | - |
| Credit institutions430/8 | €9,994 | €0 | - | - | - | - |
| Trade debts44 | €66,130 | €132,324 | €6,043 | €0 | €2,211 | - |
| Suppliers440/4 | €66,130 | €132,324 | €6,043 | €0 | €2,211 | - |
| Taxes, remuneration and social security45 | €18,363 | €43,145 | €38,063 | €41,078 | €6,358 | ▼ 84.5% |
| Taxes450/3 | €15,517 | €39,875 | €36,375 | €39,390 | €4,670 | ▼ 88.1% |
| Remuneration and social security454/9 | €2,846 | €3,270 | €1,688 | €1,688 | €1,688 | = |
| Other amounts payable47/48 | €315,180 | €305,680 | €308,680 | €318,602 | €459,173 | ▲ 44.1% |
| Accrued charges and deferred income492/3 | €1,556 | €1,556 | €1,556 | €1,556 | €11,824 | ▲ 660% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €57,048 | €88,132 | €56,227 | €54,736 | -€50,407 | ▼ 192% |
| + Depreciation and write-downs630 | €16,417 | €16,218 | €14,995 | €2,099 | €1,527 | ▼ 27.3% |
| Operating cash flow (approximation) | €73,466 | €104,350 | €71,221 | €56,835 | -€48,880 | ▼ 186% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | -€11,543 | - |
| Change in cash | - | -€10,504 | €5,686 | -€42,001 | €51,055 | ▲ 222% |
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
22-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
09-01
KBO administration
Strikeout withdrawn
2024
31-12
Financial
Weakest financial yearnet -€50,407
Net result drops to -€50,407, the lowest in the series.
20-12
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 142 days late
20-12
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 508 days late
20-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 873 days late
23-03
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 966 days late
23-03
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 1331 days late
2023
15-09
KBO administration
Late accounts filing
2022
31-12
Financial
Equity above €500,000Eq €542,548 ▲11.6%
5 profitable years in a row build equity to €542,548.
2021
31-12
Financial
Highest result since 2018net €88,132 ▲54.5%
Operating result €183,637, net result €88,132, both a record.
Show earlier events
2019
31-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 31 days late
03-04
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 246 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial 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.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
No directors read yet: 0 of 4 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Brasschaat · 1 establishment unit since 1979
Ground area
6,990 m²
Building footprint
369 m²
Volume, LiDAR
2,452 m³
Parcel 11008A0029/00L000, Flanders · tallest building 10.6 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Sionkloosterlaan 60, 2930 Brasschaat
since 19792.016.879.923
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11008A0029/00L000 | Flanders | 6,990 m² | 1 · 369 m² | 10.6 m · 2 fl. |
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
M & S GROUP
BE 0690.716.709
Anderlecht · Eq €546,975
B.B.M. CERAMIC
BE 0448.990.630
Quaregnon · Eq €545,800
Huis Nijs - Peeters
BE 0463.404.038
Bekkevoort · Eq €549,794
ADANT MARBRERIE
BE 0451.848.962
Sombreffe · Eq €543,389
FORE
BE 0414.308.180
Eeklo · Eq €551,231
Of 1,719 companies in this sector we hold annual accounts for 1,288. 1,015 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company details
Identification
Legal formPrivate limited company
Founded09-11-1978
Fiscal year end31-12
Activities, NACEBEL 2025
47521Retail sale of hardware, building materials, paint and glass (general range)
E-invoicing
Reachable via Peppol
Peppol ID
0208:0418882424
Also
9925:BE0418882424
Registered
13-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 1 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.