Equity
URQUS has made a profit in every financial year since 2009.
URQUS has made a profit in every financial year since 2009.
Turnover fell in 2026 from €540,000 to €81,613.
Green is investment, beige is depreciation. Land and buildings stand 1152.7% higher than in 2025.
URQUS pays its suppliers 8 days later than in 2025. Customers pay 8,372 days earlier.
Short-term debts fell from €1.2m to €329,567.
The last five annual accounts were filed 93 to 159 days before the end of the period.
The dashed line is the sector median: 0.1% across 221 companies (NACE 82, medium-sized).
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 82, medium-sized). It does better than 86% of them on solvency, 85% on liquidity, 16% on profitability and 28% on growth.
The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-03-2026.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 546 companies had the same profile as URQUS has now. Each dot stands for 2 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of URQUS itself: 0.1% within 12 months.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 546 companies, not a prediction for URQUS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 35.65 (10.31 in 2025), above the usual 1.5. Short-term debt is 1.9% and cash 8.8% of total assets. 15.8% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 7 accounts on average 107 days before the deadline. In the sector (NACE 82), the median for financial year 2024 was 7 days before the deadline, and 35% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| URQUS Veurne | €81,613 | - | 84.2% | 0 |
| PROMACTIF GROUPE Oreye | €292,704 | 7.4% | 84.1% | 0 |
| GTE CONSTRUCT Waregem | €260,300 | -8.2% | 62.5% | 0.3 |
| ANETH Kortrijk | €259,289 | -49.4% | -3.7% | 0.9 |
| DESCHILDER GROUP Heuvelland | €24,436 | - | 98.5% | 0.8 |
| LEANSQUARE Liège | €56,984 | - | 11.9% | 0 |
| THIERS INVEST Kortrijk | €463,066 | 15.5% | 76.3% | 0 |
These companies have the same main activity as URQUS: other business support services (NACE 82990). They are comparable in size and age: total assets between €11m and €37m, founded between 1997 and 2013.
URQUS has existed since 2007. The present size dates from 2025. The balance sheet total rose that year from €3.4m to €16.0m.
In May 2025, the Official Gazette published the appointment of VANDENBERGHE Steve as managing director.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
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