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U-POWER

Open bankruptcy
Private limited companyfounded 2023Rue Prés-Champs 25, 4671 Blégny, BelgiumKBO/BCE: BE 0797.329.607
Summary

A bankruptcy procedure is open for U-POWER according to publications in the Belgian State Gazette. The 2023 annual accounts show negative equity (-€15,583) and a net result of -€36,583.

Are you a creditor?

Open bankruptcy Source: Belgian Official Gazette

If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.

The procedure

Court
Enterprise Court of Liège, Liège division
Declared bankrupt
16 June 2025
Supervising judge
Frederic Bode
Official Gazette
24-06-2025 (pdf) ↗search the document for 2025/127267

Curators

What to do now

  1. Do not deliver on credit any more without an agreement with the curator.
  2. Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
  3. File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
  4. Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
  5. Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
  6. Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.

Deadlines: the judgment sets the last day to file your claim, by law at most thirty days after the judgment, and the day of the first verification report. Both dates are in the publication in the Official Gazette and in RegSol; Checked does not read them yet. A late claim is sometimes still possible, but not without consequences.

File a claim in RegSol ↗ Watch Follow this bankruptcy: you are alerted when it is closed or reversed.

General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help. Full guide for creditors

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Signals

Two signals.
+raises risk
raises risk · Register: open bankruptcy
The KBO register records the legal situation: open bankruptcy. This is today's state according to the register itself; the register carries no start date.
KBO · legal situation
raises risk · Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.
Belgian State Gazette
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 18 January 2023, U-POWER was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2023.2 The company was declared bankrupt on 16 June 2025.3

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2023
  3. 3Belgian State Gazette, 24-06-2025

Go further with this company

Investigating this company? Keep it with today's facts in a case file.

Financials · fiscal year 2023, unclassified schema

Turnover
€1.8m
EBIT margin
-1.7%
Net result
-€36,583
Working capital
-€63,509
Balance-sheet composition
Assets €381,164
Fixed assets €47,927
Current assets €333,237
Key figures and ratios
2023 value
EBITDA
-€29,145
Cash flow
-€34,949
Solvency
-4.1%
Current ratio
0.84
Quick ratio
0.76
Debt to equity
-25.46
ROA
-9.6%
Interest coverage
-221.75
Debt
€396,747
Debt ≤ 1 year
€396,747
Staff costs
€86,010
Annual accounts
Filed annual accounts As filed with the NBB · 2023 · 54 lines
Balance sheet Code2023
Assets
Total assets20/58€381,164
Fixed assets21/28€47,927
Intangible fixed assets21€6,418
Tangible fixed assets22/27€41,304
Plant, machinery and equipment23€2,032
Furniture and vehicles24€39,272
Financial fixed assets28€205
Other financial fixed assets284/8€205
Amounts receivable and cash guarantees285/8€205
Current assets29/58€333,237
Stocks and contracts in progress3€30,401
Stocks30/36€30,401
Goods purchased for resale34€30,401
Amounts receivable within one year40/41€237,423
Trade receivables40€203,277
Other amounts receivable41€34,146
Cash at bank and in hand54/58€65,121
Deferred charges and accrued income490/1€292
Equity and liabilities
Total equity and liabilities10/49€381,164
Equity10/15-€15,583
Contributions10/11€21,000
Profit (loss) carried forward14-€36,583
Amounts payable17/49€396,747
Amounts payable within one year42/48€396,747
Trade debts44€324,605
Suppliers440/4€324,605
Taxes, remuneration and social security45€8,392
Remuneration and social security454/9€8,392
Other amounts payable47/48€63,750
Income statement Code2023
Operating income70/76A€1.8m
Turnover70€1.8m
Other operating income74€15,157
Non-recurring operating income76A€395
Operating charges60/66A€1.8m
Goods for resale, raw materials and consumables60€1.2m
Purchases600/8€1.2m
Change in stocks: decrease (increase)609-€30,401
Services and other goods61€591,293
Remuneration, social security and pensions62€86,010
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,634
Other operating charges640/8€1,247
Operating profit (loss)9901-€30,779
Financial income75/76B€77
Recurring financial income75€77
Other financial income752/9€77
Financial charges65/66B€5,880
Recurring financial charges65€131
Other financial charges652/9€131
Non-recurring financial charges66B€5,749
Profit (loss) for the period before taxes9903-€36,583
Profit (loss) for the period9904-€36,583
Profit (loss) for the period to be appropriated9905-€36,583
Appropriation of the result
Profit (loss) to be appropriated9906-€36,583
Social balance
Average headcount (FTE)90872.4

The notes to these accounts (33 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2023
Operating income70/76A€1.8m
Turnover70€1.8m
Other operating income74€15,157
Non-recurring operating income76A€395
Operating charges60/66A€1.8m
Goods for resale, raw materials and consumables60€1.2m
Purchases600/8€1.2m
Change in stocks: decrease (increase)609-€30,401
Services and other goods61€591,293
Remuneration, social security and pensions62€86,010
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,634
Other operating charges640/8€1,247
Operating profit (loss)9901-€30,779
Financial income75/76B€77
Recurring financial income75€77
Other financial income752/9€77
Financial charges65/66B€5,880
Recurring financial charges65€131
Other financial charges652/9€131
Non-recurring financial charges66B€5,749
Profit (loss) for the period before taxes9903-€36,583
Profit (loss) for the period9904-€36,583
Profit (loss) for the period to be appropriated9905-€36,583
Line2023
Assets
Total assets20/58€381,164
Fixed assets21/28€47,927
Intangible fixed assets21€6,418
Tangible fixed assets22/27€41,304
Plant, machinery and equipment23€2,032
Furniture and vehicles24€39,272
Financial fixed assets28€205
Other financial fixed assets284/8€205
Amounts receivable and cash guarantees285/8€205
Current assets29/58€333,237
Stocks and contracts in progress3€30,401
Stocks30/36€30,401
Goods purchased for resale34€30,401
Amounts receivable within one year40/41€237,423
Trade receivables40€203,277
Other amounts receivable41€34,146
Cash at bank and in hand54/58€65,121
Deferred charges and accrued income490/1€292
Equity and liabilities
Total equity and liabilities10/49€381,164
Equity10/15-€15,583
Contributions10/11€21,000
Profit (loss) carried forward14-€36,583
Amounts payable17/49€396,747
Amounts payable within one year42/48€396,747
Trade debts44€324,605
Suppliers440/4€324,605
Taxes, remuneration and social security45€8,392
Remuneration and social security454/9€8,392
Other amounts payable47/48€63,750
Line2023
Profit (loss) for the period9904-€36,583
+ Depreciation and write-downs630€1,634
Operating cash flow (approximation)-€34,949

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

Download as CSV

Timeline · acts, filings and financial milestones

2025
24-06
Bankruptcy Opening
Tribunal de l’entreprise de Liège, division Liège · event 16-06-2025
2024
01-12
NBB filing Annual accounts filed
fiscal year 2023 · unclassified schema · 123 days late
SignalNBB filing
0 of 2 acts read
About the unread acts

We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
2 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Blégny · 1 establishment unit since 2023
seat establishment approximate The establishment unit on the map
Ground area
6,192 m²
Building footprint
1,189 m²
Volume, LiDAR
10,762 m³
Parcel 62010A0120/00W002, Wallonia · tallest building 10.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
U-POWER
Rue Prés-Champs 25, 4671 BlégnyConstruction of utility projects for electricity and telecommunications
since 20232.341.565.449
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62010A0120/00W002 Wallonia 6,192 m² 1 · 1,189 m² 10.0 m · 3 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Insolvency mandates

2 mandates
Role Name Tenure
Curator JOELLE DECHARNEUX
RUE LOUVREX 55-57, 4000 LIEGE 1
16-06-2025 → present
Curator SANDRINE EVRARD
RUE MATTéOTTI 34, 4102 OUGREE
16-06-2025 → present

Structure & network

Owners and holdings

2 owners

Owners 2

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 22,831 companies in sector 43211 we hold annual accounts for 10,329. 1,600 are within a factor 10 of this headcount. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded18-01-2023
Fiscal year end31-12
Activities, NACEBEL 2025
43211General electrical installation work
43212Electrical installation work in industrial facilities
43240Other construction installation
43410Roofing work
46831Wholesale of construction materials, general range
47521Retail sale of hardware, building materials, paint and glass (general range)
Contact
E-mail albert.fazlija@u-smile.be
Phone +32491076407
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.