ULTRAZONIC
ActiveSummary
ULTRAZONIC has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €974,374 and a net result of -€7,524. Equity is growing by ~23.6% per year across the filed fiscal years. Its solvency ranks better than 50% of 5048 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability25▼-30
Solvency71▼-11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €45,000 at 30 days acceptable
Liquidity ample (current ratio 1.83 against 2.3 in 2024; short-term debt: 53.5% and cash: 0.6% of total assets), but 54.1% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Wholesale trade (NACE 46)
about 21% more bankruptcies
← fewer bankruptcies
more bankruptcies →
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
45.9%
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 27-07-2026, 4 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
4 d early
2024
18 d late
2023
1 d early
2022
4 d early
2021
2 d early
2020
5 d late
2019
84 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 14 days after the deadline; the sector median for financial year 2024 is 3 days before the deadline, and 39% of the sector filed late.
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. Usually files around 29 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, full schema
Source amounts without an identifiable currency are assumed to be EUR.
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€7,524
2024 · €77,857
Working capital
€939,138▼ 0.9%
2024 · €947,567
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€36,940▼ 81.1%-€424,679€383,451€108,479▼ 71.7%€5,257▼ 95.2%
Net result€23,464within the sector's middle half▼ 83.6%-€438,617below the sector's middle half€353,515above the sector's middle half€77,857within the sector's middle half▼ 78.0%-€7,524below the sector's middle half
Equity€695,494within the sector's middle half▲ 3.5%€256,877within the sector's middle half▼ 63.1%€610,392within the sector's middle half▲ 138%€981,899within the sector's middle half▲ 60.9%€974,374within the sector's middle half▼ 0.8%
Total assets€2.4mwithin the sector's middle half▼ 31.3%€2.8mabove the sector's middle half▲ 20.9%€1.7mwithin the sector's middle half▼ 39.6%€1.7mwithin the sector's middle half▼ 0.1%€2.1mwithin the sector's middle half▲ 23.5%
Debt€1.7m▼ 39.8%€2.6m▲ 56.1%€1.1m▼ 57.2%€736,065▼ 33.6%€1.1m▲ 55.9%
Working capital€611,773within the sector's middle half▲ 7.9%€191,610within the sector's middle half▼ 68.7%€554,292within the sector's middle half▲ 189%€947,567above the sector's middle half▲ 71.0%€939,138within the sector's middle half▼ 0.9%
Solvency29.6%within the sector's middle half▲ 9.9pp9.0%below the sector's middle half▼ 20.5pp35.5%within the sector's middle half▲ 26.5pp57.2%within the sector's middle half▲ 21.6pp45.9%within the sector's middle half▼ 11.2pp
Current ratio1.37within the sector's middle half▲ 0.161.07below the sector's middle half▼ 0.301.50within the sector's middle half▲ 0.432.30within the sector's middle half▲ 0.801.83within the sector's middle half▼ 0.47
Return on assets (ROA)1.0%within the sector's middle half▼ 3.2pp-15.4%below the sector's middle half▼ 16.4pp20.6%above the sector's middle half▲ 36.0pp4.5%within the sector's middle half▼ 16.0pp-0.4%below the sector's middle half▼ 4.9pp
Staff (FTE)3.8within the sector's middle half▲ 8.6%3.8within the sector's middle half=3.9within the sector's middle half▲ 2.6%3.3within the sector's middle half▼ 15.4%4within the sector's middle half▲ 21.2%
above
within
below
the middle half (P25 to P75) of NACE 46, Wholesale trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 95% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €2.1m
Fixed assets
€47,236 ▲ 11.6%
Current assets
€2.1m ▲ 23.8%
Equity and liabilities €2.1m
Equity
€974,374 ▼ 0.8%
Debt
€1.1m ▲ 55.9%
Debt's share of the balance-sheet total rises from 42.8% to 54.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€17,896▼
2024 · €120,247
Cash flow
€5,115▼
2024 · €89,625
Quick ratio
0.60▲
2024 · 0.54
Debt to equity
1.18▲
2024 · 0.75
ROE
-0.8%▼
2024 · 7.9%
Interest coverage
0.84▼
2024 · 3.72
Debt ≤ 1 year
€1.1m▲
2024 · €728,065
Income taxes
€1,040▲
2024 · €772
Staff costs
€253,001▲
2024 · €164,617
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 6,910 companies that looked in July 2024 the way this one looks now, 1.1% went bankrupt within 24 months and 91% are still going.
- Micro
- 10 to 20 years old
- solvency 30% or more
- a small loss
1.1%
went bankrupt
7.8%
stopped otherwise
91%
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 0.5% 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 497,338 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% | 1.9% |
| 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 6,910 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €203,771 | €220,262 | €231,621 | €164,617 | €253,001 | ▲ 53.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €32,052 | €27,549 | €23,049 | €11,768 | €12,639 | ▲ 7.4% |
| Other operating charges640/8 | €7,155 | €4,862 | €2,773 | €6,648 | €2,441 | ▼ 63.3% |
| Gross operating margin9900 | €279,918 | -€172,007 | €640,895 | €291,512 | €273,338 | ▼ 6.2% |
| Operating profit (loss)9901 | €36,940 | -€424,679 | €383,451 | €108,479 | €5,257 | ▼ 95.2% |
| Financial income75/76B | €3,344 | €18 | - | €2,501 | €9,469 | ▲ 279% |
| Recurring financial income75 | €3,344 | €18 | - | €2,501 | €9,469 | ▲ 279% |
| Financial charges65/66B | €16,765 | €13,454 | €28,567 | €32,351 | €21,210 | ▼ 34.4% |
| Recurring financial charges65 | €16,765 | €13,454 | €28,567 | €32,351 | €21,210 | ▼ 34.4% |
| Profit (loss) for the period before taxes9903 | €23,519 | -€438,116 | €354,884 | €78,629 | -€6,484 | ▼ 108% |
| Income taxes67/77 | €56 | €501 | €1,369 | €772 | €1,040 | ▲ 34.7% |
| Profit (loss) for the period9904 | €23,464 | -€438,617 | €353,515 | €77,857 | -€7,524 | ▼ 110% |
| Profit (loss) for the period to be appropriated9905 | €23,464 | -€438,617 | €353,515 | €77,857 | -€7,524 | ▼ 110% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2.4m | €2.8m | €1.7m | €1.7m | €2.1m | ▲ 23.5% |
| Fixed assets21/28 | €83,721 | €65,267 | €56,100 | €42,331 | €47,236 | ▲ 11.6% |
| Intangible fixed assets21 | €55,941 | €34,520 | €18,020 | €13,520 | €9,000 | ▼ 33.4% |
| Tangible fixed assets22/27 | €11,991 | €14,958 | €22,292 | €13,023 | €22,448 | ▲ 72.4% |
| Plant, machinery and equipment23 | €2,558 | €3,727 | €5,849 | €5,806 | €15,230 | ▲ 162% |
| Furniture and vehicles24 | €9,433 | €11,231 | €16,443 | €7,217 | €7,218 | = |
| Financial fixed assets28 | €15,788 | €15,788 | €15,788 | €15,788 | €15,788 | = |
| Current assets29/58 | €2.3m | €2.8m | €1.7m | €1.7m | €2.1m | ▲ 23.8% |
| Amounts receivable after more than one year29 | - | €4,441 | €2,792 | €5,155 | - | - |
| Trade receivables290 | - | €4,441 | €2,792 | €5,155 | - | - |
| Stocks and contracts in progress3 | €1.4m | €1.5m | €1.3m | €1.3m | €1.4m | ▲ 8.5% |
| Stocks30/36 | €1.4m | €1.5m | €1.3m | €1.3m | €1.4m | ▲ 8.5% |
| Amounts receivable within one year40/41 | €470,974 | €1.2m | €322,894 | €355,281 | €672,558 | ▲ 89.3% |
| Trade receivables40 | €386,207 | €1.1m | €321,932 | €352,105 | €432,773 | ▲ 22.9% |
| Other amounts receivable41 | €84,767 | €68,673 | €962 | €3,176 | €239,785 | ▲ 7,450% |
| Cash at bank and in hand54/58 | €385,421 | €24,052 | €942 | €34,006 | €12,495 | ▼ 63.3% |
| Deferred charges and accrued income490/1 | - | €5,571 | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2.4m | €2.8m | €1.7m | €1.7m | €2.1m | ▲ 23.5% |
| Equity10/15 | €695,494 | €256,877 | €610,392 | €981,899 | €974,374 | ▼ 0.8% |
| Contributions10/11 | €1.3m | €1.3m | €1.3m | €1.6m | €1.6m | = |
| Capital10 | €1.3m | €1.3m | €1.3m | €1.6m | €1.6m | = |
| Issued capital100 | €1.6m | €1.6m | €1.6m | €1.6m | €1.6m | = |
| Uncalled capital101 | €293,650 | €293,650 | €293,650 | - | - | - |
| Reserves13 | €10 | €10 | €10 | €10 | €10 | = |
| Non-distributable reserves130/1 | €10 | €10 | €10 | €10 | €10 | = |
| Legal reserve130 | €10 | €10 | €10 | €10 | €10 | = |
| Profit (loss) carried forward14 | -€640,867 | -€1.1m | -€725,968 | -€648,112 | -€655,636 | ▼ 1.2% |
| Amounts payable17/49 | €1.7m | €2.6m | €1.1m | €736,065 | €1.1m | ▲ 55.9% |
| Amounts payable within one year42/48 | €1.7m | €2.6m | €1.1m | €728,065 | €1.1m | ▲ 56.0% |
| Financial debts43 | - | €412,400 | €592,359 | €354,500 | €506,850 | ▲ 43.0% |
| Credit institutions430/8 | - | €392,400 | €592,359 | €354,500 | €146,850 | ▼ 58.6% |
| Other loans439 | - | €20,000 | - | - | €360,000 | - |
| Trade debts44 | €1.6m | €2.1m | €482,618 | €338,724 | €579,044 | ▲ 70.9% |
| Suppliers440/4 | €1.6m | €2.1m | €482,618 | €338,724 | €579,044 | ▲ 70.9% |
| Taxes, remuneration and social security45 | €27,122 | €44,507 | €33,478 | €34,842 | €45,301 | ▲ 30.0% |
| Taxes450/3 | €3,588 | €19,526 | €16,735 | €18,023 | €20,267 | ▲ 12.4% |
| Remuneration and social security454/9 | €23,534 | €24,981 | €16,742 | €16,818 | €25,034 | ▲ 48.8% |
| Other amounts payable47/48 | - | - | €198 | - | €4,327 | - |
| Accrued charges and deferred income492/3 | - | - | - | €8,000 | €12,000 | ▲ 50.0% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €23,464 | -€438,617 | €353,515 | €77,857 | -€7,524 | ▼ 110% |
| + Depreciation and write-downs630 | €32,052 | €27,549 | €23,049 | €11,768 | €12,639 | ▲ 7.4% |
| Operating cash flow (approximation) | €55,515 | -€411,068 | €376,565 | €89,625 | €5,115 | ▼ 94.3% |
| Investment in fixed assets (approximation) | - | -€9,095 | -€13,883 | €2,001 | -€17,544 | ▼ 977% |
| Change in cash | - | -€361,370 | -€23,110 | €33,064 | -€21,511 | ▼ 165% |
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
27-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
18-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 18 days late
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €353,515
Net result €353,515 after one loss-making year.
31-12
Financial
Equity above €500,000Eq €610,392 ▲138%
Equity rises from €256,877 to €610,392.
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
05-08
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema · 5 days late
2020
31-12
Financial
Back to profitnet €143,086
Net result €143,086 after 2 loss-making years.
31-12
Financial
Equity above €500,000Eq €672,030 ▲77.3%
Equity rises from €378,943 to €672,030.
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 84 days late
2019
31-12
Financial
Liquidity quadruplescurrent ratio 3.19
Current ratio from 0.85 to 3.19; short-term debt falls from €446,792 to €178,582.
Show earlier events
31-12
Financial
Equity above €200,000Eq €378,943 ▲430%
Equity rises from €71,562 to €378,943.
16-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
27-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
03-10
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 64 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 9 acts read
About the unread acts
We know of 9 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
9 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, Zandhoven · 1 establishment unit since 2015
Ground area
2,474 m²
Building footprint
1,092 m²
Volume, LiDAR
8,867 m³
Parcel 11054C0254/00W000, Flanders · tallest building 9.6 m, ±3 floors. Linked by address, not a title deed.
4
companies at this address
See who is registered here
1 establishment unit
ULTRAZONIC
since 20152.252.154.611
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11054C0254/00W000 | Flanders | 2,474 m² | 1 · 1,092 m² | 9.6 m · 3 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.
Structure & network
Owners and holdings
1 ownerChain of control
- Z-PROJECTS
- ULTRAZONIC
Highest known parent: Z-PROJECTS. The sources do not say who stands above it.
Owners 1
- Z-PROJECTSparentSourceaccounts Z-PROJECTS 202472%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 to 2024 · 2 entries · 1,585 EUR awarded · 1,026 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2024 | 1 | 960 EUR | 401 EUR |
| 2022 | 1 | 625 EUR | 625 EUR |
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Of 1,903 companies in sector 46460 we hold annual accounts for 1,126. 763 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
Founded07-12-2015
Fiscal year end31-12
Activities, NACEBEL 2025
32500Manufacture of medical and dental instruments and supplies
46460Wholesale of pharmaceutical and medical goods
Contact
Website
www.ultrazonic.comZandhoven
E-mail
info@ultrazonic.comZandhoven
Phone
+3232895979Zandhoven
Fax
+3233367494Zandhoven
E-invoicing
Reachable via Peppol
Peppol ID
0208:0643900747
Also
9925:BE0643900747
Registered
17-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.