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Dr Uyttendaele

Active
Private limited companyfounded 201511 years activeRue Cavée 3, 1480 Tubize, BelgiumKBO/BCE: BE 0597.906.812
Summary

Dr Uyttendaele has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €586,296 and a net result of €113,817. Equity is growing by ~10.2% per year across the filed fiscal years. The computed 12-month bankruptcy probability is < 0.1% (very low).

Financials · fiscal year 2025, micro schema

Equity
€586,296▼ 3.7%
2024 · €608,979
Total assets
€731,479▲ 15.1%
2024 · €635,441
Net result
€113,817▼ 10.5%
2024 · €127,101
Working capital
€507,468▼ 15.4%
2024 · €599,615
Trend over the years

2021 to 2025, 5 fiscal years 2019 to 2025, 7 fiscal years

The operating result has fallen two years in a row; 2025 is 11% below 2024.

What the company sold each fiscal year and what was left of it. A loss stands below the zero line.

Operating result€160,435 2025 Net result€113,817 2025

Point at or tap a year, or use the arrow keys on the chart, for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line2019202020212022202320242025
Operating result€112,097-€200,929▲ 79.2%€95,739▼ 52.4%€171,684▲ 79.3%€181,397▲ 5.7%€179,552▼ 1.0%€160,435▼ 10.6%
Net result€8,555-€135,986▲ 1,489%€76,786▼ 43.5%€118,649▲ 54.5%€129,157▲ 8.9%€127,101▼ 1.6%€113,817▼ 10.5%
Equity€308,401-€444,387▲ 44.1%€419,573▼ 5.6%€433,222▲ 3.3%€490,378▲ 13.2%€608,979▲ 24.2%€586,296▼ 3.7%
Total assets€326,261-€466,352▲ 42.9%€544,165▲ 16.7%€594,502▲ 9.3%€579,602▼ 2.5%€635,441▲ 9.6%€731,479▲ 15.1%
Debt€17,860-€21,965▲ 23.0%€124,592▲ 467%€161,281▲ 29.4%€89,223▼ 44.7%€26,462▼ 70.3%€145,183▲ 449%
Working capital€294,712-€436,862▲ 48.2%€413,584▼ 5.3%€426,871▲ 3.2%€485,718▲ 13.8%€599,615▲ 23.4%€507,468▼ 15.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €731,479
Fixed assets €79,022 ▲ 727%
Current assets €652,457 ▲ 4.2%
Equity and liabilities €731,479
Equity €586,296 ▼ 3.7%
Debt €145,183 ▲ 449%
Debt's share of the balance-sheet total rises from 4.2% to 19.8%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€164,181▼
2024 · €181,670
Cash flow
€117,563▼
2024 · €129,219
Current ratio
4.50▼
2024 · 23.82
Debt to equity
0.25▲
2024 · 0.04
ROE
19.4%▼
2024 · 20.9%
ROA
15.6%▼
2024 · 20.0%
Interest coverage
1440.19▼
2024 · 1658.48
Debt ≤ 1 year
€144,989▲
2024 · €26,270
Income taxes
€48,316▼
2024 · €53,963
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 17,811 companies that looked in July 2024 the way this one looks now, 0.3% went bankrupt within 24 months and 97% are still going.

  • Small
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.3% went bankrupt
3.2% stopped otherwise
97% still going

For this company itself Checked computes a bankruptcy probability of < 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,471 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 17,811 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet Code20242025
Assets
Total assets20/58€635,441€731,479▲
Fixed assets21/28€9,556€79,022▲
Tangible fixed assets22/27€9,475€79,022▲
Plant, machinery and equipment23€971€610▼
Furniture and vehicles24€5,179€76,058▲
Other tangible fixed assets26€3,326€2,354▼
Financial fixed assets28€80-
Current assets29/58€625,886€652,457▲
Amounts receivable within one year40/41€83,469€68,438▼
Trade receivables40€76,946€61,211▼
Other amounts receivable41€6,523€7,227▲
Cash at bank and in hand54/58€541,724€583,810▲
Deferred charges and accrued income490/1€693€209▼
Equity and liabilities
Total equity and liabilities10/49€635,441€731,479▲
Equity10/15€608,979€586,296▼
Contributions10/11€18,600€18,600=
Reserves13€512,460€489,760▼
Distributable reserves133€512,460€489,760▼
Profit (loss) carried forward14€77,919€77,936=
Amounts payable17/49€26,462€145,183▲
Amounts payable within one year42/48€26,270€144,989▲
Trade debts44€2,645€4,040▲
Suppliers440/4€2,645€4,040▲
Taxes, remuneration and social security45€425€6,825▲
Taxes450/3€425€6,825▲
Other amounts payable47/48€23,201€134,125▲
Accrued charges and deferred income492/3€192€194▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,118€3,746▲
Other operating charges640/8€733€829▲
Gross operating margin9900€182,403€165,010▼
Operating profit (loss)9901€179,552€160,435▼
Financial income75/76B€1,621€1,812▲
Recurring financial income75€1,621€1,812▲
Financial charges65/66B€110€114▲
Recurring financial charges65€110€114▲
Profit (loss) for the period before taxes9903€181,063€162,133▼
Income taxes67/77€53,963€48,316▼
Profit (loss) for the period9904€127,101€113,817▼
Profit (loss) for the period to be appropriated9905€127,101€113,817▼
Appropriation of the result
Profit (loss) to be appropriated9906€205,019€191,736▼
Profit (loss) brought forward from the previous period14P€77,918€77,919=
Transfer from equity791/2€8,500€136,500▲
Transfer to equity691/2€127,100€113,800▼
To other reserves6921€127,100€113,800▼
Profit to be distributed694/7€8,500€136,500▲
Return on contributions (dividend)694€8,500€136,500▲

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2019202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,319€6,340€1,535€1,441€1,672€2,118€3,746▲ 76.9%
Other operating charges640/8---€1,102€783€733€829▲ 13.2%
Gross operating margin9900€125,535€208,192€98,357€174,227€183,851€182,403€165,010▼ 9.5%
Operating profit (loss)9901€112,097€200,929€95,739€171,684€181,397€179,552€160,435▼ 10.6%
Financial income75/76B---€638-€1,621€1,812▲ 11.8%
Recurring financial income75€1,989€911€1,530€638-€1,621€1,812▲ 11.8%
Financial charges65/66B---€100€102€110€114▲ 4.1%
Recurring financial charges65€101,095€205€98€100€102€110€114▲ 4.1%
Profit (loss) for the period before taxes9903€12,992€201,635€97,171€172,222€181,295€181,063€162,133▼ 10.5%
Income taxes67/77€4,436€65,649€20,385€53,573€52,138€53,963€48,316▼ 10.5%
Profit (loss) for the period9904€8,555€135,986€76,786€118,649€129,157€127,101€113,817▼ 10.5%
Profit (loss) for the period to be appropriated9905€8,555€135,986€76,786€118,649€129,157€127,101€113,817▼ 10.5%
Line2019202020212022202320242025Change
Assets
Total assets20/58€326,261€466,352€544,165€594,502€579,602€635,441€731,479▲ 15.1%
Fixed assets21/28€13,689€7,699€6,163€6,524€4,853€9,556€79,022▲ 727%
Tangible fixed assets22/27€13,609€7,619€6,083€6,444€4,773€9,475€79,022▲ 734%
Plant, machinery and equipment23---€1,691€1,331€971€610▼ 37.1%
Furniture and vehicles24---€1,471€961€5,179€76,058▲ 1,369%
Other tangible fixed assets26---€3,281€2,480€3,326€2,354▼ 29.2%
Financial fixed assets28€80€80€80€80€80€80--
Current assets29/58€312,572€458,654€538,002€587,978€574,749€625,886€652,457▲ 4.2%
Amounts receivable within one year40/41€15,890€36,510€112,619€71,304€70,378€83,469€68,438▼ 18.0%
Trade receivables40---€70,700€62,516€76,946€61,211▼ 20.4%
Other amounts receivable41---€605€7,862€6,523€7,227▲ 10.8%
Cash at bank and in hand54/58€295,964€331,184€349,282€516,048€503,566€541,724€583,810▲ 7.8%
Deferred charges and accrued income490/1---€626€806€693€209▼ 69.8%
Equity and liabilities
Total equity and liabilities10/49€326,261€466,352€544,165€594,502€579,602€635,441€731,479▲ 15.1%
Equity10/15€308,401€444,387€419,573€433,222€490,378€608,979€586,296▼ 3.7%
Contributions10/11€6,200€6,200-€18,600€18,600€18,600€18,600=
Reserves13€301,360€437,860€323,860€336,860€393,860€512,460€489,760▼ 4.4%
Non-distributable reserves130/1---€1,860----
Reserves not available under the articles1311---€1,860----
Distributable reserves133---€335,000€393,860€512,460€489,760▼ 4.4%
Profit (loss) carried forward14€841€327€77,113€77,762€77,918€77,919€77,936=
Amounts payable17/49€17,860€21,965€124,592€161,281€89,223€26,462€145,183▲ 449%
Amounts payable within one year42/48€17,860€21,792€124,418€161,107€89,031€26,270€144,989▲ 452%
Trade debts44€5,516€5,929€9,854€2,534€2,541€2,645€4,040▲ 52.8%
Suppliers440/4---€2,534€2,541€2,645€4,040▲ 52.8%
Taxes, remuneration and social security45---€58,823€11,722€425€6,825▲ 1,506%
Taxes450/3---€58,823€11,722€425€6,825▲ 1,506%
Other amounts payable47/48---€99,750€74,768€23,201€134,125▲ 478%
Accrued charges and deferred income492/3---€174€192€192€194▲ 0.8%
Line2019202020212022202320242025Change
Profit (loss) for the period9904€8,555€135,986€76,786€118,649€129,157€127,101€113,817▼ 10.5%
+ Depreciation and write-downs630€12,319€6,340€1,535€1,441€1,672€2,118€3,746▲ 76.9%
Operating cash flow (approximation)€20,874€142,326€78,322€120,090€130,828€129,219€117,563▼ 9.0%
Investment in fixed assets (approximation)--€350€0-€1,802€0-€6,821-€73,213▼ 973%
Change in cash-€35,220€18,099€166,765-€12,482€38,158€42,086▲ 10.3%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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