ULYSSE
ActiveSummary
ULYSSE has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.05M and a net result of €51k. Equity remains stable across the filed fiscal years (±0.6% per year). Its solvency ranks better than 92% of 8001 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
91
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability74▼-16
Solvency100=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €95k at 30 days acceptable
Liquidity ample (current ratio 8.22 against 3.25 in 2024; short-term debt: 9.5% and cash: 67.2% of total assets), and 9.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five 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
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
90.5%
Return on assets
4.4%
Age of the figures
9 mo
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
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
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 15-04-2026, 107 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
107 d early
2024
42 d early
2023
48 d early
2022
68 d early
2021
22 d late
2020
2 d early
2019
66 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
24-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€1.05M▲ 0.1%
2024 · €1.05M
2018: €1.09M
2019: €1.09M
2020: €1.10M
2021: €1.11M
2022: €1.11M
2023: €1.02M
2024: €1.05M
2018 → 2025
Total assets
€1.16M▼ 14.9%
2024 · €1.37M
2018: €2.09M
2019: €1.57M
2020: €1.58M
2021: €1.76M
2022: €1.23M
2023: €1.47M
2024: €1.37M
2018 → 2025
Net result
€51k▼ 78.3%
2024 · €233k
2018: €224k
2019: €68k
2020: €247k
2021: €162k
2022: €2k
2023: €324k
2024: €233k
2018 → 2025
Working capital
€798k▲ 13.4%
2024 · €704k
2018: €735k
2019: €723k
2020: €713k
2021: €692k
2022: €704k
2023: €651k
2024: €704k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€1.11M-€1.11M▲ 0.2%€1.02M▼ 7.8%€1.05M▲ 2.8%€1.05M▲ 0.1%
Operating result€172k-€3k▼ 98.3%€337k▲ 11,334%€233k▼ 30.8%€49k▼ 79.2%
Net result€162k-€2k▼ 98.9%€324k▲ 18,401%€233k▼ 27.9%€51k▼ 78.3%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 79% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.16M
Fixed assets
€254k ▼ 27.5%
Current assets
€909k ▼ 10.6%
Equity and liabilities €1.16M
Equity
€1.05M ▲ 0.1%
Debt
€110k ▼ 65.0%
Debt's share of the balance-sheet total falls from 23.1% to 9.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€76k▼
2024 · €269k
Cash flow
€78k▼
2024 · €269k
Current ratio
8.22▲
2024 · 3.25
Debt to equity
0.10▼
2024 · 0.30
ROE
4.8%▼
2024 · 22.2%
ROA
4.4%▼
2024 · 17.1%
Interest coverage
210.17▼
2024 · 719.50
Debt ≤ 1 year
€110k▼
2024 · €313k
Income taxes
€1k▼
2024 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 49 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.37M€1.16M▼
Fixed assets21/28€351k€254k▼
Tangible fixed assets22/27€348k€251k▼
Land and buildings22€332k€244k▼
Furniture and vehicles24€16k€7k▼
Financial fixed assets28€3k€3k=
Current assets29/58€1.02M€909k▼
Amounts receivable within one year40/41€109k€125k▲
Trade receivables40€96k€48k▼
Other amounts receivable41€13k€77k▲
Cash at bank and in hand54/58€905k€782k▼
Deferred charges and accrued income490/1€3k€2k▼
Equity and liabilities
Total equity and liabilities10/49€1.37M€1.16M▼
Equity10/15€1.05M€1.05M▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€62k€62k=
Reserves13€176k€176k=
Non-distributable reserves130/1€6k€6k=
Legal reserve130€6k€6k=
Tax-exempt reserves132€393€393=
Distributable reserves133€169k€169k=
Profit (loss) carried forward14€814k€815k▲
Amounts payable17/49€315k€110k▼
Amounts payable after more than one year17€3k-
Financial debts170/4€3k-
Amounts payable within one year42/48€313k€110k▼
Current portion of amounts payable after more than one year42€8k€3k▼
Trade debts44€105k€53k▼
Suppliers440/4€105k€53k▼
Taxes, remuneration and social security45€1k-
Taxes450/3€1k-
Other amounts payable47/48€198k€55k▼
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€36k€27k▼
Other operating charges640/8€4k€4k▲
Gross operating margin9900€273k€80k▼
Operating profit (loss)9901€233k€49k▼
Financial income75/76B€14k€4k▼
Recurring financial income75€14k€4k▼
Financial charges65/66B€374€361▼
Recurring financial charges65€374€361▼
Profit (loss) for the period before taxes9903€247k€52k▼
Income taxes67/77€13k€1k▼
Profit (loss) for the period9904€233k€51k▼
Profit (loss) for the period to be appropriated9905€233k€51k▼
Appropriation of the result
Profit (loss) to be appropriated9906€1.02M€865k▼
Profit (loss) brought forward from the previous period14P€786k€814k▲
Profit to be distributed694/7€205k€50k▼
Directors or managers695€205k€50k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
15-04
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Liquidity triplescurrent ratio 8.22
Current ratio from 3.25 to 8.22; short-term debt falls from €313k to €110k.
19-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
13-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €324k ▲18401%
Operating result €337k, net result €324k, both a record.
24-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €2k ▼98.9%
Net result drops to €2k, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity quadruplescurrent ratio 8.08
Current ratio from 2.11 to 8.08; short-term debt falls from €622k to €100k.
22-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 22 days late
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
05-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 66 days late
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 30 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Brugge · 1 establishment unit since 2015
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.
Filips de Goedelaan 248000 BruggeGround area
7,309 m²
Building footprint
864 m²
Volume, LiDAR
8,426 m³
Parcel 31808M0537/00D000, Flanders · tallest building 13.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Filips de Goedelaan 24, 8000 Brugge
since 20152.239.751.477
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31808M0537/00D000 | Flanders | 7,309 m² | 1 · 864 m² | 13.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
JCX POM
BE 0811.773.105
Jurbise · Eq €1,054,189
Schiffer Food Trading
BE 0750.591.641
Maasmechelen · Eq €1,064,846
BAUDEN HM
BE 0675.643.206
Ieper · Eq €1,014,868
SABBE & Cie
BE 0422.548.232
Charleroi · Eq €1,013,873
AVAGRO
BE 0786.536.970
Beauvechain · Eq €1,002,901
Of 141 companies in sector 46311 we hold annual accounts for 97. 67 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded25-11-1986
Fiscal year end31-12
Activities, NACEBEL 2025
46311Wholesale trade
70200Business and other management consultancy
Sources
Crossroads Bank for EnterprisesNational Bank · 38 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.