ACTIVE

URSULL

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Financial year 2025 · closed on 31/12/2025

Net result

159,5 k €

+183.9% YoY

Gross margin

153,7 k €

+4.6% YoY

Equity

4,2 M €

-8.4% YoY

What does URSULL do?

URSULL is a Public limited company incorporated in 1989. Its registered office is in Aalter.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0439.777.907

Incorporation

27/12/1989

Legal form

Public limited company

Registered office

Eekloseweg 135
9910 Aalter · FlandreSee on map

Contributed capital

1 351 771,76 €

Latest accounts

31/12/2025

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

View the BCE/KBO Public Search record →

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2014		2013		2012		2010		2009		2008		2007		2006
Income statement
Gross margin	153,7 k €	+4.6%	146,9 k €	-45.5%	269,4 k €	+84.1%	146,4 k €	+84.5%	79,3 k €	-1.1%	80,2 k €	-97.0%	2,7 M €	+671%	350,3 k €	-4.2%	365,5 k €	+7.3%	340,7 k €	+342%	77,1 k €	+353%	-30,5 k €	-119%	161,5 k €	+243%	47,1 k €	+19.9%	39,3 k €	+2.3%	38,4 k €	-20.1%	48,1 k €	+13.2%	42,5 k €
EBITDA	131,7 k €	+3.5%	127,2 k €	-47.8%	243,4 k €	+85.7%	131,1 k €	+111%	62,1 k €	+3.9%	59,8 k €	-97.8%	2,8 M €	+731%	333 k €	+28.0%	260,1 k €	-3.0%	268,1 k €	+268%	72,8 k €	+313%	-34,2 k €	-122%	152,8 k €	+234%	45,8 k €	+19.8%	38,2 k €	+3.9%	36,7 k €	-19.5%	45,6 k €	+10.1%	41,5 k €
Operating result	22,4 k €	+26.5%	17,7 k €	-85.1%	119,1 k €	+167%	-177 k €	+46.0%	-327,7 k €	-2.8%	-318,7 k €	-115%	2,1 M €	+4589%	44,9 k €	+178%	-57,3 k €	-1042%	-5 k €	-45.4%	-3,5 k €	+95.7%	-79,9 k €	-264%	48,9 k €	+220%	15,3 k €	+17.5%	13 k €	+24.0%	10,5 k €	-58.1%	25 k €	+12.9%	22,2 k €
Net result	159,5 k €	+184%	56,2 k €	-78.1%	256,9 k €	+166%	-391,1 k €	-953%	45,9 k €	+112%	-398,8 k €	-124%	1,7 M €	+22942%	-7,3 k €	+63.6%	-20,1 k €	-163%	31,7 k €	+126%	-122,2 k €	-131%	396,7 k €	-49.2%	780,9 k €	+1211%	59,5 k €	+29.6%	46 k €	+8.9%	42,2 k €	+217%	13,3 k €	+167%	5 k €
Balance sheet
Equity	4,2 M €	-8.4%	4,6 M €	+1.2%	4,5 M €	-9.8%	5 M €	-7.2%	5,4 M €	-9.3%	6 M €	-6.2%	6,4 M €	+35.4%	4,7 M €	-0.2%	4,7 M €	-7.3%	5,1 M €	+35.7%	3,8 M €	-3.2%	3,9 M €	+11.4%	3,5 M €	+28.9%	2,7 M €	+544%	418,8 k €	+12.3%	372,8 k €	+12.8%	330,6 k €	+4.2%	317,3 k €
Total assets	5,1 M €	-1.4%	5,1 M €	-7.2%	5,5 M €	+2.6%	5,4 M €	-7.0%	5,8 M €	-12.2%	6,6 M €	-20.9%	8,4 M €	+51.6%	5,5 M €	-4.5%	5,8 M €	+0.9%	5,7 M €	+50.5%	3,8 M €	-2.2%	3,9 M €	+5.4%	3,7 M €	+31.0%	2,8 M €	+378%	589,5 k €	+7.1%	550,3 k €	+2.7%	536 k €	-1.9%	546,6 k €
Cash	126,4 k €	+21.5%	104 k €	+2.1%	101,9 k €	-80.1%	511,9 k €	+31.7%	388,6 k €	-78.0%	1,8 M €	-45.1%	3,2 M €	+3283%	94,9 k €	-70.9%	325,8 k €	+15.6%	281,9 k €	+96.9%	143,2 k €	-61.1%	368,4 k €	-32.4%	545,3 k €	+513%	88,9 k €	+38.4%	64,3 k €	+896%	6,5 k €	-61.4%	16,7 k €	+1309%	1,2 k €
Debts	546,4 k €	+175%	198,6 k €	-70.2%	665,8 k €	+3426%	18,9 k €	+24.3%	15,2 k €	-94.2%	263,6 k €	-83.5%	1,6 M €	+411%	312,9 k €	-41.6%	535,4 k €	+236%	159,4 k €	+190%	55 k €	+174%	20,1 k €	-90.7%	215,5 k €	+76.0%	122,5 k €	-28.3%	170,8 k €	-3.8%	177,5 k €	-13.6%	205,4 k €	-10.4%	229,3 k €

Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 27 ended

Active mandates

Eddy LANNOO

Managing director · until 13 décembre 2029

Active

Ingrid SPILTHOOREN

Director · until 13 décembre 2029

Active

SOLANO

Director · until 13 décembre 2029 · 0461.668.629

Represented by Sophie LANNOO

Active

Ended mandates

EDDY LANNOO

Managing director · since 07 mai 2013 · until 06 mai 2019

Ended

INGRID SPILTHOOREN

Director · since 07 mai 2013 · until 06 mai 2019

Ended

Sophie Lannoo

Director · since 07 mai 2013 · until 06 mai 2019

Ended

SOLANO

Director · since 01 avril 2013 · until 31 mars 2019 · 0461.668.629

Represented by Sophie Lannoo

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Micro model	Micro model	Micro model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/07/2026	30/09/2025	03/07/2024	27/07/2023	26/07/2022	18/07/2021
General meeting	30/07/2026	26/09/2025	21/06/2024	27/07/2023	22/07/2022	18/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	30/07/2026	31/07/2026	Dutch	PDF
Micro model	31/12/2024	26/09/2025	30/09/2025	Dutch	PDF
Micro model	31/12/2023	21/06/2024	03/07/2024	Dutch	PDF
Micro model	31/12/2022	27/07/2023	27/07/2023	Dutch	PDF
Micro model	31/12/2021	22/07/2022	26/07/2022	Dutch	PDF
Micro model	31/12/2020	18/06/2021	18/07/2021	Dutch	PDF
Micro model	31/12/2019	08/09/2020	07/10/2020	Dutch	PDF
Micro model	31/12/2018	29/07/2019	29/07/2019	Dutch	PDF
Micro model	31/12/2017	30/06/2018	06/08/2018	Dutch	PDF
Micro model	31/12/2016	15/06/2017	27/06/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	20/07/2016	Dutch	PDF
Abridged model	30/09/2014	27/03/2015	30/03/2015	Dutch	PDF
Abridged model	30/09/2013	28/03/2014	05/05/2014	Dutch	PDF
Abridged model	30/09/2012	29/03/2013	02/04/2013	Dutch	PDF
Abridged model	31/12/2010	24/06/2011	01/07/2011	Dutch	PDF
Abridged model	31/12/2009	25/06/2010	29/06/2010	Dutch	PDF
Abridged model	31/12/2008	26/06/2009	02/07/2009	Dutch	PDF
Abridged model	31/12/2007	28/06/2008	09/07/2008	Dutch	PDF
Abridged model	31/12/2006	29/06/2007	04/07/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 27 ended

Active mandates

Eddy LANNOO

Managing director · until 13 décembre 2029

Active

Ingrid SPILTHOOREN

Director · until 13 décembre 2029

Active

SOLANO

Director · until 13 décembre 2029 · 0461.668.629

Represented by Sophie LANNOO

Active

Ended mandates

EDDY LANNOO

Managing director · since 07 mai 2013 · until 06 mai 2019

Ended

INGRID SPILTHOOREN

Director · since 07 mai 2013 · until 06 mai 2019

Ended

Sophie Lannoo

Director · since 07 mai 2013 · until 06 mai 2019

Ended

SOLANO

Director · since 01 avril 2013 · until 31 mars 2019 · 0461.668.629

Represented by Sophie Lannoo

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates28/12/2023
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares20/04/2021
KAPITAAL - AANDELEN
PDF
Mandates23/10/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/01/2018
KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Restructuring19/08/2015
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring09/06/2015
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Mandates04/09/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates22/05/2013
ONTSLAGEN - BENOEMINGEN
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 2025159,5 k €↑
2024
Annual accounts 202456,2 k €↓
2023
Annual accounts 2023256,9 k €↑
2022
Annual accounts 2022-391,1 k €↓
2021
Annual accounts 202145,9 k €↑
2020
Annual accounts 2020-398,8 k €↓
2019
Annual accounts 20191,7 M €↑
2018
Annual accounts 2018-7,3 k €↑
2017
Annual accounts 2017-20,1 k €↓
2016
Annual accounts 201631,7 k €↑
2014
Annual accounts 2014-122,2 k €↓
2013
Annual accounts 2013396,7 k €↓
2012
Annual accounts 2012780,9 k €↑
2010
Annual accounts 201059,5 k €↑
2009
Annual accounts 200946 k €↑
2008
Annual accounts 200842,2 k €↑
2007
Annual accounts 200713,3 k €↑
2006
Annual accounts 20065 k €
27/12/1989
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

URSULL

Overview

What does URSULL do?

Trend over 18 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline