ULX COMPANY

Active

Private limited company (pre-2019)founded 20187 yrs activePoeldreef 127, 2950 Kapellen, BelgiumKBO/BCE: BE 0713.709.271

The computed 12-month bankruptcy probability of ULX COMPANY is 2.8% (moderate). The 2024 annual accounts show equity of €57k and a net result of €13k. Equity is growing by ~42% per year across the filed fiscal years. Its solvency ranks better than 66% of 1850 sector peers (fiscal year 2024). The company has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals.

Watch Print / PDF

Checked score

Score 2024

69 / 100

Healthy

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability69▼-20

Solvency80▼-3

Growth78=

Track record100

Bankruptcy probability, 12 months

2.8% Moderate

0%0.5%1.5%4%10%≥ 25%

Credit up to €3.5k at 30 days acceptable

Liquidity ample (current ratio 3.91 against 9.89 in 2023; short-term debt: 18.3% of total assets), and 44.9% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Five signals. The signal on the left, the evidence on the right.

+raises risk○neutral

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 49

Relative position

BE, all sectors

reference

Sector 49

higher

← fewer bankruptcies more bankruptcies →

Limited track record

This company has not been active as long as an established one and statistically fails somewhat more often.

KBO · incorporation date

Age against the risk zone

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 2024

Solvency, return and age of the figures

Solvency

55.1%

Return on assets

12.4%

Age of the figures

21 mo

Latest accounts filed on time

The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 27-06-2025, 34 days ahead of the deadline.

NBB · 6 filings

Deviation from the deadline

2025

not confirmed

2024

34 d early

2023

37 d early

2022

35 d early

2021

51 d late

2020

17 d early

2019

192 d late

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Equity

€57k▲ 29.0%

2023 · €44k

2019: €9k 2020: €20k 2021: €21k 2022: €28k 2023: €44k

2019 → 2024

Total assets

€104k▲ 35.0%

2023 · €77k

2019: €15k 2020: €34k 2021: €64k 2022: €69k 2023: €77k

2019 → 2024

Net result

€13k▼ 19.4%

2023 · €16k

2019: €2k 2020: €11k 2021: €2k 2022: €7k 2023: €16k

2019 → 2024

Working capital

€55k▲ 24.8%

2023 · €44k

2019: €7k 2020: €18k 2021: €14k 2022: €29k 2023: €44k

2019 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Equity€20k-€21k▲ 8.9%€28k▲ 32.3%€44k▲ 56.2%€57k▲ 29.0%

Operating result€12k-€2k▼ 85.4%€7k▲ 293%€18k▲ 161%€17k▼ 4.9%

Net result€11k-€2k▼ 84.2%€7k▲ 293%€16k▲ 131%€13k▼ 19.4%

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 5% below 2023.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Assets €104k

28.3%

71.7%

Fixed assets €29k▲ 6.8%

Current assets €74k▲ 50.7%

Equity and liabilities €104k

55.1%

44.9%

Equity €57k▲ 29.0%

Debt €47k▲ 43.2%

The debt ratio rises from 42.3% to 44.9%. Equity and debt are higher.

Key figures and ratios

2024 value · change against 2023

Solvency

55.1%▼

2023 · 57.7%

Current ratio

3.91▼

2023 · 9.89

Quick ratio

3.91▼

2023 · 9.89

Debt / equity

0.81▲

2023 · 0.73

ROE

22.5%▼

2023 · 36.0%

ROA

12.4%▼

2023 · 20.8%

Debt

€47k▲

2023 · €32k

Debt ≤ 1 year

€19k▲

2023 · €5k

Debt > 1 year

€28k=

2023 · €28k

Income taxes

€4k▲

2023 · €2k

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€77k€104k▲

Fixed assets21/28€27k€29k▲

Tangible fixed assets22/27€27k€29k▲

Plant, machinery and equipment23€3k€5k▲

Furniture and vehicles24€24k€24k=

Financial fixed assets28€30€30=

Current assets29/58€49k€74k▲

Amounts receivable within one year40/41€49k€74k▲

Trade receivables40€49k€74k▲

Equity and liabilities

Total equity and liabilities10/49€77k€104k▲

Equity10/15€44k€57k▲

Contributions10/11€6k€6k=

Profit (loss) carried forward14€38k€51k▲

Amounts payable17/49€32k€47k▲

Amounts payable after more than one year17€28k€28k=

Financial debts170/4€28k€28k=

Amounts payable within one year42/48€5k€19k▲

Trade debts44€2k€2k▼

Suppliers440/4€2k€2k▼

Taxes, remuneration and social security45€3k€17k▲

Taxes450/3€3k€12k▲

Remuneration and social security454/9-€5k

Income statement Code20232024

Remuneration, social security and pensions62€245-

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k-

Other operating charges640/8-€2k

Gross operating margin9900€25k€19k▼

Operating profit (loss)9901€18k€17k▼

Profit (loss) for the period before taxes9903€18k€17k▼

Income taxes67/77€2k€4k▲

Profit (loss) for the period9904€16k€13k▼

Profit (loss) for the period to be appropriated9905€16k€13k▼

Appropriation of the result

Profit (loss) to be appropriated9906€38k€51k▲

Profit (loss) brought forward from the previous period14P€22k€38k▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Download as CSV

Timeline · acts, filings and financial milestones

All 9Financial 3Filings 6

2025

27-06

NBB filing Annual accounts filed

fiscal year 2024 · abbreviated schema

2024

24-06

NBB filing Annual accounts filed

fiscal year 2023 · abbreviated schema

2023

31-12

Financial Highest result since 2019net €16k ▲131%

Operating result €18k, net result €16k, both a record.

31-12

Financial Liquidity doublescurrent ratio 9.89

Current ratio from 4.43 to 9.89; short-term debt falls from €8k to €5k.

26-06

NBB filing Annual accounts filed

fiscal year 2022 · micro schema

2022

20-09

NBB filing Annual accounts filed

fiscal year 2021 · micro schema · 51 days late

2021

31-12

Financial Weakest financial yearnet €2k ▼84.2%

Net result drops to €2k, the lowest in the series; recovery starts the following year.

14-07

NBB filing Annual accounts filed

fiscal year 2020 · micro schema

08-02

NBB filing Annual accounts filed

fiscal year 2019 · micro schema · 192 days late

Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

3 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, Kapellen · 1 establishment unit since 2018

establishment The establishment unit on the map

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.

Poeldreef 1272950 Kapellen

Ground area

937 m²

Building footprint

347 m²

Volume, LiDAR

2,683 m³

2 parcels, Flanders · tallest building 12.2 m, ±4 floors. Linked by address, not a title deed.

1 establishment unit

ULX COMPANY

Hendrik Meyslaan 36, 2100 AntwerpenFreight transport by road

since 20182.282.062.481

2 parcels

Flanders 2 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
11362M0056/00C000	Flanders	506 m²	1 · 147 m²	6.2 m · 2 fl.
11345B0188/00P003	Flanders	430 m²	1 · 200 m²	12.2 m · 4 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1 · via establishment units: 1

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

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

Recognitions · licences · registrations

Parcel delivery

Notified to the BIPT

since 08-05-2024

Similar companies · same sector, comparable size

Goederenvervoer Lennert Mertens

Of 12,606 companies in sector 49410 we hold annual accounts for 8,199. 6,075 are within a factor 10 of this equity.See the whole sector

Company data · Crossroads Bank

Identification

Legal formPrivate limited company (pre-2019)

Founded20-11-2018

Fiscal year end31-12

Activities, NACEBEL

49410Freight transport by road

53200Other postal and courier activities

Sources

Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers

Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.