ACTIVE

ULEX

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Financial year 2025 · Closed on 31/12/2025

Net result783 k €+50,2 %over 1 year

Gross margin2,4 M €+19,7 %over 1 year

Equity2 M €+16,1 %over 1 year

Workforce14,6 ETP+0,7 %over 1 year

Identity

Source · BCE/KBO

ULEX is a Private limited company incorporated in 2000. Its main activity is: Freight transport by road. Its registered office is in Eupen. It employs on average 14,6 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0471.905.592
Incorporation: 10/05/2000
Legal form: Private limited company
Registered office: Industriestrasse 12
4700 Eupen · WallonieSee on map
Contributed capital: 170 000,00 €
Latest accounts: 31/12/2025
Average workforce: 14,6 ETP

Activities (NACE)

49410Freight transport by road· main 49410Freight transport by road 60242Television programming and broadcasting activities 52210Service activities incidental to land transportation 52210Service activities incidental to land transportation 63210Information service activities

Joint committees (2)

14003
226

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	2,4 M €	+19.7%	2 M €	+2.9%	2 M €	-8.5%	2,2 M €	+4.4%	2,1 M €
EBITDA	1,2 M €	+51.5%	817,4 k €	-7.2%	881,1 k €	-22.6%	1,1 M €	+12.0%	1 M €
Operating result	1,1 M €	+51.9%	714,8 k €	-13.5%	826,8 k €	-23.4%	1,1 M €	+13.1%	954,2 k €
Net result	783 k €	+50.2%	521,4 k €	-11.8%	591,4 k €	-23.0%	768,6 k €	+20.1%	640 k €
Balance sheet
Equity	2 M €	+16.1%	1,8 M €	-1.6%	1,8 M €	+19.5%	1,5 M €	+32.7%	1,1 M €
Total assets	4,2 M €	+4.9%	4 M €	+32.8%	3 M €	+0.2%	3 M €	+34.5%	2,3 M €
Cash	616 k €	+200%	205,3 k €	-81.6%	1,1 M €	+29.7%	859,5 k €	+55.5%	552,5 k €
Debts	2 M €	-10.5%	2,3 M €	+83.2%	1,2 M €	-19.0%	1,5 M €	+36.1%	1,1 M €
Other
Workforce	14,6 ETP	+0.7%	14,5 ETP	+6.6%	13,6 ETP	-11.1%	15,3 ETP	0.0%	15,3 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ULEX HOLDING0699.948.238Represented by ROGER MÜLLER	DirectorManager01/11/2018 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Hannelore JAHN	Manager01/07/2015 → 2015 accounts
ROGER MATHIEU JEAN MULLER	Manager18/01/2010 → 01/11/2018Associate18/01/2010 → 2017 accounts

Other companies at this address

Industriestrasse 12 4700 Eupen

Company	CBE no.
DALEM● Active	0402.389.652
EAST BELGIAN WAREHOUSING● Active	0741.778.202
ULEX HOLDING● Active	0699.948.238

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged 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	08/04/2026	09/07/2025	24/07/2024	11/07/2023	27/06/2022	27/07/2021
General meeting	16/03/2026	26/05/2025	27/05/2024	30/05/2023	30/05/2022	31/05/2021
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

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	16/03/2026	08/04/2026	German	PDF
Abridged model	31/12/2024	26/05/2025	09/07/2025	German	PDF
Abridged model	31/12/2023	27/05/2024	24/07/2024	German	PDF
Abridged model	31/12/2022	30/05/2023	11/07/2023	German	PDF
Abridged model	31/12/2021	30/05/2022	27/06/2022	German	PDF
Abridged model	31/12/2020	31/05/2021	27/07/2021	French	PDF
Abridged model	31/12/2019	25/05/2020	31/08/2020	French	PDF
Abridged model	31/12/2018	27/05/2019	30/09/2019	French	PDF
Abridged model	31/12/2017	28/05/2018	29/08/2018	French	PDF
Abridged model	31/12/2016	29/05/2017	29/09/2017	French	PDF
Abridged model	31/12/2015	30/05/2016	26/09/2016	French	PDF
Abridged model	31/12/2014	26/05/2015	30/10/2015	German	PDF
Abridged model	31/12/2013	26/05/2014	25/06/2014	Dutch	PDF
Abridged model	31/12/2012	27/06/2013	09/08/2013	Dutch	PDF
Abridged model	31/12/2011	18/09/2012	27/09/2012	Dutch	PDF
Abridged model	31/12/2010	12/03/2012	16/03/2012	German	PDF
Abridged model	31/12/2009	31/05/2010	29/07/2010	German	PDF
Abridged model	31/12/2008	25/05/2009	05/06/2009	German	PDF
Abridged model	31/12/2007	26/05/2008	11/06/2008	Dutch	PDF
Abridged model	31/12/2006	29/05/2007	29/06/2007	Dutch	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 4 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
ULEX HOLDING0699.948.238Represented by ROGER MÜLLER	DirectorManager01/11/2018 → 2018 accountsended

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Hannelore JAHN	Manager01/07/2015 → 2015 accounts
ROGER MATHIEU JEAN MULLER	Manager18/01/2010 → 01/11/2018Associate18/01/2010 → 2017 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates29/11/2023
AENDERUNG RECHTSFORM - ENTLASSUNG - ERNENNUNG
PDF
Mandates12/10/2020
ENTLASSUNG - ERNENNUNG
PDF
Mandates28/06/2017
Rücktritt/ Ernennung
PDF
Mandates15/09/2016
Ernennung
PDF
Capital / shares06/10/2015
Generalversammlung : Abtretung und Übertragung von Anteilen
PDF
Other30/09/2014
Generalversammlung : Erweiterung des Gegenstandes '
PDF
Registered office31/08/2012
GESELLSCHAFTSSITZ
PDF
Other02/04/2010
GESELLSCHAFTSNAME
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

ULEX HOLDING

Hannelore JAHN

ROGER MATHIEU JEAN MULLER

ANDREAS RIECHEL

Sylvia Dericum

200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

ULEX

Industriestrasse 12, 4700 Eupen

Director

ManagerAssociate

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Industriestrasse 12, 4700 EupenCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00076061

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
ULEXCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00076061

Events

2025
Annual accounts 2025783 k €↑
2024
Annual accounts 2024521,4 k €↓
2023
Annual accounts 2023591,4 k €↓
2022
Annual accounts 2022768,6 k €↑
2021
Annual accounts 2021640 k €↑
2020
Annual accounts 2020246,1 k €↑
2019
Annual accounts 2019133 k €↓
2018
Annual accounts 2018267 k €↑
2017
Annual accounts 2017106,9 k €↓
2016
Annual accounts 2016201,7 k €↑
2015
Annual accounts 201576,9 k €↑
2014
Annual accounts 201450,1 k €↑
2013
Annual accounts 201349,4 k €↑
2012
Annual accounts 20126,8 k €↓
2011
Annual accounts 201175,6 k €↑
2010
Annual accounts 201043,8 k €↑
2009
Annual accounts 200931,9 k €↑
2008
Annual accounts 200814,1 k €↓
2007
Annual accounts 200746,9 k €↑
2006
Annual accounts 2006343,5 €
10/05/2000
IncorporationPrivate limited company

ULEX

Overview

Identity

Financials

Valuation

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

Timeline

Registered offices

Company names

Events