ULYS
ActiveSummary
ULYS has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €255,758 and a net result of -€13,193. Equity is growing by ~6.8% per year across the filed fiscal years. Its solvency ranks better than 55% of 3330 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability26▼-16
Solvency75▲+4
Growth52=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days acceptable
Liquidity tight (current ratio 1.42 against 1.42 in 2024; short-term debt: 42.9% and cash: 32.1% of total assets), and 49.9% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Legal and accounting activities (NACE 69)
about 77% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
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
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
31 d late
2024
2 d early
2023
30 d late
2022
60 d late
2021
149 d late
2020
60 d late
2019
90 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 60 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% 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 31 August (4 of the last 5 filed years within 33 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€13,193
2024 · €46,742
Working capital
€91,981▼ 4.3%
2024 · €96,094
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 69, Legal and accounting activities, 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€185,265▲ 39.0%€233,881▲ 26.2%€94,501▼ 59.6%€132,529▲ 40.2%€107,961▼ 18.5%
Net result€30,320within the sector's middle half▲ 168%€41,980within the sector's middle half▲ 38.5%-€22,822below the sector's middle half€46,742within the sector's middle half-€13,193below the sector's middle half
Equity€203,051within the sector's middle half▲ 17.6%€245,031within the sector's middle half▲ 20.7%€222,209within the sector's middle half▼ 9.3%€268,951within the sector's middle half▲ 21.0%€255,758within the sector's middle half▼ 4.9%
Total assets€641,782within the sector's middle half▼ 15.2%€665,318within the sector's middle half▲ 3.7%€560,545within the sector's middle half▼ 15.7%€578,841within the sector's middle half▲ 3.3%€510,144within the sector's middle half▼ 11.9%
Debt€414,731▼ 26.0%€396,287▼ 4.4%€338,336▼ 14.6%€309,889▼ 8.4%€254,385▼ 17.9%
Working capital€79,252within the sector's middle half▲ 53.9%€82,018within the sector's middle half▲ 3.5%€54,673within the sector's middle half▼ 33.3%€96,094within the sector's middle half▲ 75.8%€91,981within the sector's middle half▼ 4.3%
Solvency31.6%within the sector's middle half▲ 8.8pp36.8%within the sector's middle half▲ 5.2pp39.6%within the sector's middle half▲ 2.8pp46.5%within the sector's middle half▲ 6.8pp50.1%within the sector's middle half▲ 3.7pp
Current ratio1.38within the sector's middle half▲ 0.221.35within the sector's middle half▼ 0.031.25within the sector's middle half▼ 0.101.42within the sector's middle half▲ 0.161.42within the sector's middle half▲ 0.01
Return on assets (ROA)4.7%within the sector's middle half▲ 3.2pp6.3%within the sector's middle half▲ 1.6pp-4.1%below the sector's middle half▼ 10.4pp8.1%within the sector's middle half▲ 12.1pp-2.6%below the sector's middle half▼ 10.7pp
Staff (FTE)1below the sector's middle half=1below the sector's middle half=1below the sector's middle half=1below the sector's middle half=1below the sector's middle half=
above
within
below
the middle half (P25 to P75) of NACE 69, Legal and accounting activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 19% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €510,144
Fixed assets
€199,477 ▼ 20.7%
Current assets
€310,667 ▼ 5.1%
Equity and liabilities €510,144
Equity
€255,758 ▼ 4.9%
Debt
€254,385 ▼ 17.9%
Debt's share of the balance-sheet total falls from 53.5% to 49.9%. Equity and debt are lower.
Key figures and ratios
EBITDA
€159,898▼
2024 · €184,511
Cash flow
€38,745▼
2024 · €98,724
Debt to equity
0.99▼
2024 · 1.15
ROE
-5.2%▼
2024 · 17.4%
Interest coverage
1.29▼
2024 · 1.63
Debt ≤ 1 year
€218,685▼
2024 · €231,348
Debt > 1 year
€35,700▼
2024 · €78,541
Income taxes
-€1,479▲
2024 · -€27,583
Staff costs
€94,147▲
2024 · €90,814
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.6%
went bankrupt
8.5%
stopped otherwise
90%
still going
A further 0.6% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 12,321 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 | €85,922 | €64,057 | €94,337 | €90,814 | €94,147 | ▲ 3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €53,226 | €54,828 | €62,733 | €51,982 | €51,938 | ▼ 0.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | -€6,733 | - | - | -€2,344 | - |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | -€24,000 | €4,855 | - | - |
| Other operating charges640/8 | €14,931 | €15,964 | €17,373 | €56,387 | €1,029 | ▼ 98.2% |
| Gross operating margin9900 | €339,343 | €361,997 | €244,943 | €336,566 | €252,731 | ▼ 24.9% |
| Operating profit (loss)9901 | €185,265 | €233,881 | €94,501 | €132,529 | €107,961 | ▼ 18.5% |
| Financial income75/76B | - | - | - | - | €1,665 | - |
| Recurring financial income75 | - | - | - | - | €1,665 | - |
| Financial charges65/66B | €153,836 | €170,403 | €121,902 | €113,371 | €124,298 | ▲ 9.6% |
| Recurring financial charges65 | €153,836 | €170,403 | €121,902 | €113,371 | €124,298 | ▲ 9.6% |
| Profit (loss) for the period before taxes9903 | €31,429 | €63,477 | -€27,401 | €19,158 | -€14,672 | ▼ 177% |
| Income taxes67/77 | €1,109 | €21,497 | -€4,579 | -€27,583 | -€1,479 | ▲ 94.6% |
| Profit (loss) for the period9904 | €30,320 | €41,980 | -€22,822 | €46,742 | -€13,193 | ▼ 128% |
| Profit (loss) for the period to be appropriated9905 | €30,320 | €41,980 | -€22,822 | €46,742 | -€13,193 | ▼ 128% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €641,782 | €665,318 | €560,545 | €578,841 | €510,144 | ▼ 11.9% |
| Fixed assets21/28 | €354,865 | €351,237 | €289,107 | €251,399 | €199,477 | ▼ 20.7% |
| Tangible fixed assets22/27 | €352,610 | €348,230 | €286,697 | €248,946 | €197,008 | ▼ 20.9% |
| Land and buildings22 | €337,082 | €294,394 | €251,996 | €215,996 | €179,997 | ▼ 16.7% |
| Furniture and vehicles24 | €15,528 | €53,836 | €34,701 | €32,950 | €17,012 | ▼ 48.4% |
| Financial fixed assets28 | €2,255 | €3,008 | €2,410 | €2,453 | €2,469 | ▲ 0.6% |
| Current assets29/58 | €286,917 | €314,081 | €271,438 | €327,442 | €310,667 | ▼ 5.1% |
| Amounts receivable within one year40/41 | €124,476 | €128,490 | €160,555 | €150,941 | €142,623 | ▼ 5.5% |
| Trade receivables40 | €78,418 | €93,819 | €104,810 | €95,874 | €90,244 | ▼ 5.9% |
| Other amounts receivable41 | €46,058 | €34,671 | €55,746 | €55,067 | €52,379 | ▼ 4.9% |
| Cash at bank and in hand54/58 | €156,614 | €180,499 | €107,857 | €169,501 | €163,660 | ▼ 3.4% |
| Deferred charges and accrued income490/1 | €5,826 | €5,092 | €3,026 | €6,999 | €4,383 | ▼ 37.4% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €641,782 | €665,318 | €560,545 | €578,841 | €510,144 | ▼ 11.9% |
| Equity10/15 | €203,051 | €245,031 | €222,209 | €268,951 | €255,758 | ▼ 4.9% |
| Contributions10/11 | €81,467 | €70,667 | €70,667 | €70,667 | €70,667 | = |
| Reserves13 | - | €50,800 | €50,800 | €96,800 | €96,800 | = |
| Non-distributable reserves130/1 | - | €10,800 | - | - | - | - |
| Reserves not available under the articles1311 | - | €10,800 | - | - | - | - |
| Distributable reserves133 | - | €40,000 | €50,800 | €96,800 | €96,800 | = |
| Profit (loss) carried forward14 | €121,584 | €123,565 | €100,743 | €101,485 | €88,292 | ▼ 13.0% |
| Provisions and deferred taxes16 | €24,000 | €24,000 | - | - | - | - |
| Provisions for liabilities and charges160/5 | €24,000 | €24,000 | - | - | - | - |
| Other liabilities and charges164/5 | €24,000 | €24,000 | - | - | - | - |
| Amounts payable17/49 | €414,731 | €396,287 | €338,336 | €309,889 | €254,385 | ▼ 17.9% |
| Amounts payable after more than one year17 | €207,066 | €164,224 | €121,383 | €78,541 | €35,700 | ▼ 54.5% |
| Financial debts170/4 | €207,066 | €164,224 | €121,383 | €78,541 | €35,700 | ▼ 54.5% |
| Amounts payable within one year42/48 | €207,665 | €232,063 | €216,765 | €231,348 | €218,685 | ▼ 5.5% |
| Current portion of amounts payable after more than one year42 | €44,283 | €42,842 | €42,842 | €42,842 | €42,842 | = |
| Trade debts44 | €122,241 | €132,964 | €119,956 | €126,116 | €138,868 | ▲ 10.1% |
| Suppliers440/4 | €122,241 | €132,964 | €119,956 | €126,116 | €138,868 | ▲ 10.1% |
| Taxes, remuneration and social security45 | €39,351 | €33,978 | €46,567 | €54,713 | €26,903 | ▼ 50.8% |
| Taxes450/3 | €22,149 | €23,998 | €28,879 | €36,738 | €9,980 | ▼ 72.8% |
| Remuneration and social security454/9 | €17,203 | €9,981 | €17,688 | €17,975 | €16,923 | ▼ 5.9% |
| Other amounts payable47/48 | €1,789 | €22,279 | €7,400 | €7,677 | €10,073 | ▲ 31.2% |
| Accrued charges and deferred income492/3 | - | - | €188 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €30,320 | €41,980 | -€22,822 | €46,742 | -€13,193 | ▼ 128% |
| + Depreciation and write-downs630 | €53,226 | €54,828 | €62,733 | €51,982 | €51,938 | ▼ 0.1% |
| Operating cash flow (approximation) | €83,546 | €96,808 | €39,912 | €98,724 | €38,745 | ▼ 60.8% |
| Investment in fixed assets (approximation) | - | -€51,200 | -€603 | -€14,274 | -€16 | ▲ 99.9% |
| Change in cash | - | €23,885 | -€72,642 | €61,644 | -€5,841 | ▼ 109% |
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
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 31 days late
2025
29-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial
Back to profitnet €46,742
Net result €46,742 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 60 days late
2022
27-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 149 days late
2021
31-12
Financial
Equity above €200,000Eq €203,051 ▲17.6%
2 profitable years in a row build equity to €203,051.
29-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 60 days late
2020
31-12
Financial
Back to profitnet €11,328
Net result €11,328 after one loss-making year.
29-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 90 days late
2019
31-12
Financial
Weakest financial yearnet -€28,632
Net result drops to -€28,632, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
21-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 21 days late
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 12 acts read
About the unread acts
We know of 12 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
12 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, Oudergem · 2 establishment units since 2002
Ground area
4,146 m²
Building footprint
894 m²
Volume, LiDAR
9,954 m³
2 parcels, Brussels · tallest building 13.7 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
Jean Van Horenbeecklaan 149, 1160 Oudergem
since 20022.227.014.189
Ijsvogellaan 13, 1170 Watermaal-Bosvoorde
since 20242.362.777.666
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21017D0043/00P000 | Brussels | 4,010 m² | 1 · 758 m² | 13.7 m · 4 fl. |
| 21332E0018/00D006 | Brussels | 136 m² | 1 · 136 m² | 11.2 m · 3 fl. |
Linked by address, not proof of ownership
Good to know
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
Legal Entity Identifier
254900XD0D6FV01NWO70
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Of 22,076 companies in sector 69101 we hold annual accounts for 9,061. 6,958 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded21-01-2002
Fiscal year end31-12
Activities, NACEBEL 2025
69101Activities of lawyers
Contact
E-mail
info@ulys.net
Phone
023408810
Fax
023453580
E-mail
etienne.wery@ulys.netOudergem
Fax
02 340 35 80Oudergem
E-invoicing
Reachable via Peppol
Peppol ID
0208:0476702936
Registered
05-01-2026
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.