ACTIVE

UL3

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Financial year 2025 · closed on 31/12/2025

Net result

1 M €

+778.8% YoY

Revenue

2,2 M €

Equity

5,6 M €

+22.4% YoY

What does UL3 do?

UL3 is a Public limited company incorporated in 1991. Its main activity is: Management consultancy activities. Its registered office is in Kontich.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0443.482.911

Incorporation

01/03/1991

Legal form

Public limited company

Registered office

Veldkant 2
2550 Kontich · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Activities (NACE)

70200Management consultancy activities· main 70220Business and other management consultancy activities 74142Specialised design activities 62010Computer programming activities 62100Computer programming, consultancy and related activities 72220Research and experimental development on social sciences and humanities

Signals

ProfitableSolid equityLow riskPositive cashflowPositive EBITDAHigh revenue

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Revenue	2,2 M €		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	1,7 M €	-60.8%	4,4 M €	+275%	1,2 M €	-9.6%	1,3 M €	+10.4%	1,2 M €	+16.5%	998,5 k €	+12.5%	887,7 k €	-2.1%	906,5 k €	+22.1%	742,2 k €	-20.8%	937,5 k €	+8.4%	865 k €	-6.8%	928,1 k €	+10.0%	843,9 k €	-23.2%	1,1 M €	+11.3%	987 k €	+18.3%	834,6 k €	-3.9%	868,8 k €	+0.4%	865,3 k €	-0.9%	873,1 k €	+3.0%	847,9 k €
Operating result	1,7 M €	-60.7%	4,3 M €	+277%	1,2 M €	-9.6%	1,3 M €	+10.5%	1,2 M €	+16.5%	989,2 k €	+11.4%	887,7 k €	-2.1%	906,5 k €	+23.0%	736,8 k €	-20.3%	924,3 k €	+3.8%	890,8 k €	-2.6%	914,9 k €	+24.0%	737,8 k €	-31.8%	1,1 M €	+10.6%	978,1 k €	+18.5%	825,7 k €	-1.2%	835,9 k €	-2.0%	853,3 k €	-0.9%	861,1 k €	+1.5%	847,9 k €
Net result	1 M €	+779%	116,6 k €	-39.9%	194,1 k €	-33.4%	291,6 k €	-7.3%	314,5 k €	-3.5%	325,9 k €	-11.9%	370,1 k €	+169%	137,6 k €	-71.0%	475,2 k €	+266%	129,7 k €	-8.1%	141,1 k €	-23.8%	185,2 k €	+230%	56,1 k €	-81.4%	301,2 k €	+113%	141,2 k €	+79.3%	78,8 k €	-48.2%	152 k €	-45.8%	280,5 k €	-3.1%	289,5 k €	+30.2%	222,3 k €
Balance sheet
Equity	5,6 M €	+22.4%	4,6 M €	+2.6%	4,5 M €	+4.5%	4,3 M €	+7.3%	4 M €	+8.6%	3,7 M €	+9.8%	3,3 M €	+12.5%	3 M €	+4.9%	2,8 M €	+20.2%	2,4 M €	+5.8%	2,2 M €	+3.9%	2,1 M €	+9.5%	2 M €	+3.0%	1,9 M €	+18.9%	1,6 M €	+9.7%	1,5 M €	+5.7%	1,4 M €	+12.4%	1,2 M €	+29.7%	944 k €	+44.2%	654,4 k €
Total assets	10,6 M €	+8.2%	9,8 M €	-34.8%	15,1 M €	+1.9%	14,8 M €	+2.6%	14,4 M €	+2.9%	14 M €	+3.0%	13,6 M €	+3.4%	13,1 M €	+9.7%	12 M €	+0.8%	11,9 M €	+0.5%	11,8 M €	+3.2%	11,4 M €	-3.2%	11,8 M €	+1.6%	11,6 M €	+4.1%	11,2 M €	+1.7%	11 M €	+7.4%	10,2 M €	-6.7%	11 M €	+7.6%	10,2 M €	+10.6%	9,2 M €
Cash	1,1 M €	+343%	237,4 k €	-78.3%	1,1 M €	-7.3%	1,2 M €	+30.5%	906,4 k €	+55.3%	583,7 k €	-55.5%	1,3 M €	+35.8%	965,4 k €	-29.9%	1,4 M €	+157%	537 k €	+520%	86,5 k €	-72.9%	319,5 k €	-53.6%	689,1 k €	+60.7%	428,7 k €	-0.5%	430,7 k €	+215%	136,5 k €	-15.2%	161,1 k €	-43.4%	284,7 k €	+7105%	4 k €	-97.9%	184 k €
Debts	5 M €	-4.2%	5,2 M €	+25761%	20,3 k €	-0.6%	20,4 k €	-4.3%	21,3 k €	+19.2%	17,9 k €	-21.6%	22,8 k €	-27.8%	31,6 k €	+23.6%	25,6 k €	-12.0%	29 k €	-77.8%	130,7 k €	+777%	14,9 k €	+74.5%	8,5 k €	-66.6%	25,6 k €	+59.7%	16 k €	+438%	3 k €	-96.9%	96,4 k €	-94.0%	1,6 M €	-4.3%	1,7 M €	+10.3%	1,5 M €

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 2 active · 8 ended

Active mandates

Claver

Director · 0686.977.754

Represented by Ilse Verstrepen

Active

Luc Vereycken

Managing director

Active

Ended mandates

Claver

Director · since 02 janvier 2018 · 0686.977.754

Represented by Ilse Verstrepen

Ended

Ilse Brawers

Director · since 25 avril 2007 · until 25 avril 2013

Ended

Luc Vereycken

Managing director · since 25 avril 2007 · until 25 avril 2013

Ended

Claver

Director · 0686.977.754

Represented by Ilse Verstrepen

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged 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	09/06/2026	02/07/2025	19/07/2024	04/07/2023	01/07/2022	25/06/2021
General meeting	29/05/2026	30/06/2025	28/06/2024	15/06/2023	15/06/2022	15/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	29/05/2026	09/06/2026	Dutch	PDF
Abridged model	31/12/2024	30/06/2025	02/07/2025	Dutch	PDF
Abridged model	31/12/2023	28/06/2024	19/07/2024	Dutch	PDF
Abridged model	31/12/2022	15/06/2023	04/07/2023	Dutch	PDF
Abridged model	31/12/2021	15/06/2022	01/07/2022	Dutch	PDF
Abridged model	31/12/2020	15/06/2021	25/06/2021	Dutch	PDF
Abridged model	31/12/2019	15/06/2020	15/07/2020	Dutch	PDF
Abridged model	31/12/2018	08/05/2019	07/06/2019	Dutch	PDF
Abridged model	31/12/2017	09/06/2018	22/06/2018	Dutch	PDF
Abridged model	31/12/2016	30/06/2017	11/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/06/2016	29/07/2016	Dutch	PDF
Abridged model	31/12/2014	30/06/2015	30/07/2015	Dutch	PDF
Abridged model	31/12/2013	30/05/2014	23/06/2014	Dutch	PDF
Abridged model	31/12/2012	30/06/2013	02/08/2013	Dutch	PDF
Abridged model	31/12/2011	25/06/2012	24/07/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	30/07/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	16/07/2010	Dutch	PDF
Abridged model	31/12/2008	30/06/2009	08/07/2009	Dutch	PDF
Abridged model	31/12/2007	30/06/2008	25/08/2008	Dutch	PDF
Abridged model	31/12/2006	30/06/2007	27/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 2 active · 8 ended

Active mandates

Claver

Director · 0686.977.754

Represented by Ilse Verstrepen

Active

Luc Vereycken

Managing director

Active

Ended mandates

Claver

Director · since 02 janvier 2018 · 0686.977.754

Represented by Ilse Verstrepen

Ended

Ilse Brawers

Director · since 25 avril 2007 · until 25 avril 2013

Ended

Luc Vereycken

Managing director · since 25 avril 2007 · until 25 avril 2013

Ended

Claver

Director · 0686.977.754

Represented by Ilse Verstrepen

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates26/06/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING
PDF
Mandates10/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/03/2018
ONTSLAGEN - BENOEMINGEN
PDF
Registered office21/11/2016
MAATSCHAPPELIJKE ZETEL
PDF
Mandates19/06/2014
ONTSLAGEN - BENOEMINGEN
PDF
Mandates28/11/2011
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/09/2008
MAATSCHAPPELIJKE ZETEL - 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 20251 M €↑
2024
Annual accounts 2024116,6 k €↓
2023
Annual accounts 2023194,1 k €↓
2022
Annual accounts 2022291,6 k €↓
2021
Annual accounts 2021314,5 k €↓
2020
Annual accounts 2020325,9 k €↓
2019
Annual accounts 2019370,1 k €↑
2018
Annual accounts 2018137,6 k €↓
2017
Annual accounts 2017475,2 k €↑
2016
Annual accounts 2016129,7 k €↓
2015
Annual accounts 2015141,1 k €↓
2014
Annual accounts 2014185,2 k €↑
2013
Annual accounts 201356,1 k €↓
2012
Annual accounts 2012301,2 k €↑
2011
Annual accounts 2011141,2 k €↑
2010
Annual accounts 201078,8 k €↓
2009
Annual accounts 2009152 k €↓
2008
Annual accounts 2008280,5 k €↓
2007
Annual accounts 2007289,5 k €↑
2006
Annual accounts 2006222,3 k €
01/03/1991
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

UL3

Overview

What does UL3 do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

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