ULYSAR
Bankruptcy closedSummary
ULYSAR was declared bankrupt on 10-06-2025 (Ondernemingsrechtbank Brussel); the bankruptcy was closed for insufficient assets by judgment of 19-05-2026, published in the Belgian State Gazette on 28-05-2026. The 2022 annual accounts show equity of €63,758 and a net result of €37,399.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 08-10-2023, 69 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
not confirmed
2024
not filed
2023
not filed
2022
69 d late
2021
22 d late
2020
31 d early
2019
215 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 4 accounts on average 69 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (1)
History
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Financials · fiscal year 2022, micro schema
Equity
€63,758▲ 54.2%
2021 · €41,359
Total assets
€182,399▲ 80.8%
2021 · €100,863
Net result
€37,399▲ 717%
2021 · €4,580
Working capital
€54,721▲ 105%
2021 · €26,647
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20182019202020212022
Operating result€47,121€27,163▼ 42.4%€47,789▲ 75.9%
Net result€35,958€4,580▼ 87.3%€37,399▲ 717%
Equity€822-€822=€36,779▲ 4,376%€41,359▲ 12.5%€63,758▲ 54.2%
Total assets€2,411-€2,411=€72,558▲ 2,909%€100,863▲ 39.0%€182,399▲ 80.8%
Debt€1,590-€1,590=€35,779▲ 2,151%€59,504▲ 66.3%€118,641▲ 99.4%
Working capital€716-€716=€29,543▲ 4,029%€26,647▼ 9.8%€54,721▲ 105%
Staff (FTE)11=
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2022; 2022 is 76% above 2021 and is the highest result in the available series.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €182,399
Fixed assets
€20,214 ▼ 35.1%
Current assets
€162,185 ▲ 133%
Equity and liabilities €182,399
Equity
€63,758 ▲ 54.2%
Debt
€118,641 ▲ 99.4%
Debt's share of the balance-sheet total rises from 59.0% to 65.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€56,722▲
2021 · €31,006
Cash flow
€46,332▲
2021 · €8,423
Current ratio
1.51▼
2021 · 1.62
Debt to equity
1.86▲
2021 · 1.44
ROE
58.7%▲
2021 · 11.1%
ROA
20.5%▲
2021 · 4.5%
Interest coverage
13.30▲
2021 · 2.73
Debt ≤ 1 year
€107,464▲
2021 · €43,066
Debt > 1 year
€11,177▼
2021 · €16,438
Income taxes
€6,247▲
2021 · €1,563
Staff costs
€34,454▲
2021 · €23,227
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €400 | €220 | ▼ 44.9% |
| Remuneration, social security and pensions62 | - | - | - | €23,227 | €34,454 | ▲ 48.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €2,152 | €3,843 | €8,933 | ▲ 132% |
| Other operating charges640/8 | - | - | - | €1,069 | €183 | ▼ 82.9% |
| Gross operating margin9900 | - | - | €76,377 | €55,302 | €91,359 | ▲ 65.2% |
| Operating profit (loss)9901 | - | - | €47,121 | €27,163 | €47,789 | ▲ 75.9% |
| Financial income75/76B | - | - | - | €980 | €122 | ▼ 87.5% |
| Recurring financial income75 | - | - | €1,014 | €980 | €122 | ▼ 87.5% |
| Financial charges65/66B | - | - | - | €22,000 | €4,265 | ▼ 80.6% |
| Recurring financial charges65 | - | - | €1,134 | €11,377 | €4,265 | ▼ 62.5% |
| Non-recurring financial charges66B | - | - | - | €10,623 | - | - |
| Profit (loss) for the period before taxes9903 | - | - | €47,001 | €6,143 | €43,646 | ▲ 611% |
| Income taxes67/77 | - | - | €11,043 | €1,563 | €6,247 | ▲ 300% |
| Profit (loss) for the period9904 | - | - | €35,958 | €4,580 | €37,399 | ▲ 717% |
| Profit (loss) for the period to be appropriated9905 | - | - | €35,958 | €4,580 | €37,399 | ▲ 717% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €2,411 | €2,411 | €72,558 | €100,863 | €182,399 | ▲ 80.8% |
| Fixed assets21/28 | €106 | €106 | €7,236 | €31,150 | €20,214 | ▼ 35.1% |
| Tangible fixed assets22/27 | - | - | €6,925 | €30,839 | €20,108 | ▼ 34.8% |
| Furniture and vehicles24 | - | - | - | €3,899 | €107 | ▼ 97.3% |
| Leasing and similar rights25 | - | - | - | €26,940 | €20,001 | ▼ 25.8% |
| Financial fixed assets28 | €106 | €106 | €311 | €311 | €106 | ▼ 65.9% |
| Current assets29/58 | €2,305 | €2,305 | €65,322 | €69,713 | €162,185 | ▲ 133% |
| Amounts receivable within one year40/41 | €866 | €866 | €53,180 | €66,313 | €150,353 | ▲ 127% |
| Trade receivables40 | - | - | - | €61,313 | €137,588 | ▲ 124% |
| Other amounts receivable41 | - | - | - | €5,000 | €12,765 | ▲ 155% |
| Cash at bank and in hand54/58 | €1,439 | €1,439 | €11,577 | €2,835 | €11,832 | ▲ 317% |
| Deferred charges and accrued income490/1 | - | - | - | €565 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €2,411 | €2,411 | €72,558 | €100,863 | €182,399 | ▲ 80.8% |
| Equity10/15 | €822 | €822 | €36,779 | €41,359 | €63,758 | ▲ 54.2% |
| Contributions10/11 | €6,200 | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €1,870 | €1,870 | €1,870 | €1,870 | €1,870 | = |
| Non-distributable reserves130/1 | - | - | - | €1,870 | €1,870 | = |
| Reserves not available under the articles1311 | - | - | - | €1,870 | €1,870 | = |
| Profit (loss) carried forward14 | -€7,248 | -€7,248 | €28,709 | €33,289 | €55,688 | ▲ 67.3% |
| Amounts payable17/49 | €1,590 | €1,590 | €35,779 | €59,504 | €118,641 | ▲ 99.4% |
| Amounts payable after more than one year17 | - | - | - | €16,438 | €11,177 | ▼ 32.0% |
| Financial debts170/4 | - | - | - | €16,438 | €11,177 | ▼ 32.0% |
| Amounts payable within one year42/48 | €1,590 | €1,590 | €35,779 | €43,066 | €107,464 | ▲ 150% |
| Current portion of amounts payable after more than one year42 | - | - | - | €5,033 | €5,261 | ▲ 4.5% |
| Trade debts44 | - | - | €11,582 | €17,960 | €64,128 | ▲ 257% |
| Suppliers440/4 | - | - | - | €17,960 | €64,128 | ▲ 257% |
| Taxes, remuneration and social security45 | - | - | - | €14,611 | €22,190 | ▲ 51.9% |
| Taxes450/3 | - | - | - | €14,611 | €19,979 | ▲ 36.7% |
| Remuneration and social security454/9 | - | - | - | - | €2,210 | - |
| Other amounts payable47/48 | - | - | - | €5,462 | €15,884 | ▲ 191% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | - | - | €35,958 | €4,580 | €37,399 | ▲ 717% |
| + Depreciation and write-downs630 | - | - | €2,152 | €3,843 | €8,933 | ▲ 132% |
| Operating cash flow (approximation) | - | - | €38,110 | €8,423 | €46,332 | ▲ 450% |
| Investment in fixed assets (approximation) | - | €0 | -€9,282 | -€27,758 | €2,003 | ▲ 107% |
| Change in cash | - | €0 | €10,138 | -€8,742 | €8,997 | ▲ 203% |
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
2026
28-05
Bankruptcy
Bankruptcy closure (insufficient assets)
Ondernemingsrechtbank Brussel · event 19-05-2026
2025
18-06
Bankruptcy
Opening
Ondernemingsrechtbank Brussel · event 10-06-2025
2023
08-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 69 days late
2022
31-12
Financial
Highest result since 2020net €37,399 ▲717%
Operating result €47,789, net result €37,399, both a record.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 22 days late
2021
31-12
Financial
Weakest financial yearnet €4,580 ▼87.3%
Net result drops to €4,580, the lowest in the series.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
12-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 955 days late
03-03
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 215 days late
2020
19-03
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 232 days late
2017
28-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 28 days late
2016
29-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 29 days late
2015
20-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 20 days late
2014
27-06
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 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
7 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, Sint-Genesius-Rode · 1 establishment unit since 2004
Ground area
768 m²
Building footprint
261 m²
Volume, LiDAR
1,629 m³
2 parcels, Flanders · tallest building 10.1 m, ±3 floors. Linked by address, not a title deed.
190
companies at this address
See who is registered here
1 establishment unit
ULYSAR
since 20042.137.830.312
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 23016E0001/00H005 | Flanders | 558 m² | 1 · 172 m² | 8.4 m · 2 fl. |
| 22004C0677/00T000 | Flanders | 210 m² | 1 · 89 m² | 10.1 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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | Jos MOMBAERS LAKENSESTRAAT 154 B11,
1000 BRUSSEL 1 |
10-06-2025 → 19-05-2026 |
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded24-06-2004
Fiscal year end31-12
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.