U-TOPIC
ActiveSummary
The computed 12-month bankruptcy probability of U-TOPIC is 1.8% (moderate). The 2025 annual accounts show equity of €72,035 and a net result of €26,527. Equity is growing by ~37.7% per year across the filed fiscal years. Its solvency ranks better than 79% of 18716 sector peers (fiscal year 2025). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability100▲+12
Solvency94▲+21
Growth78=
Track record100
Bankruptcy probability, 12 months
1.8%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €5,000 at 30 days acceptable
Liquidity ample (current ratio 2.25 against 0.99 in 2024; short-term debt: 23.5% and cash: 18.7% of total assets), and 31.3% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 09-10-2025, 22 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
22 d early
2024
20 d early
2023
2 d early
2022
17 d late
2021
3 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 5 days before the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today. Usually files around 29 October (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
31-03-2026 close30-09-2026 today31-10-2026 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€72,035▲ 37.4%
2024 · €52,417
Total assets
€104,860▼ 3.9%
2024 · €109,116
Net result
€26,527▲ 59.4%
2024 · €16,646
Working capital
€30,726
2024 · -€334
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result-€22,343-€4,413€27,574▲ 525%€15,105▼ 45.2%€30,887▲ 104%
Net result-€18,320below the sector's middle half-€9,728within the sector's middle half€30,773above the sector's middle half▲ 216%€16,646within the sector's middle half▼ 45.9%€26,527above the sector's middle half▲ 59.4%
Equity€9,567within the sector's middle half-€13,411within the sector's middle half▲ 40.2%€42,680within the sector's middle half▲ 218%€52,417within the sector's middle half▲ 22.8%€72,035within the sector's middle half▲ 37.4%
Total assets€62,702within the sector's middle half-€89,849within the sector's middle half▲ 43.3%€97,904within the sector's middle half▲ 9.0%€109,116within the sector's middle half▲ 11.5%€104,860within the sector's middle half▼ 3.9%
Debt€53,135-€76,437▲ 43.9%€55,225▼ 27.8%€56,699▲ 2.7%€32,825▼ 42.1%
Working capital-€30,945below the sector's middle half--€22,596below the sector's middle half▲ 27.0%€9,771within the sector's middle half-€334within the sector's middle half€30,726within the sector's middle half
Solvency15.3%within the sector's middle half-14.9%within the sector's middle half▼ 0.3pp43.6%within the sector's middle half▲ 28.7pp48.0%within the sector's middle half▲ 4.4pp68.7%above the sector's middle half▲ 20.7pp
Current ratio0.42below the sector's middle half-0.70below the sector's middle half▲ 0.291.18within the sector's middle half▲ 0.470.99within the sector's middle half▼ 0.182.25within the sector's middle half▲ 1.26
Return on assets (ROA)-29.2%below the sector's middle half-10.8%within the sector's middle half▲ 40.0pp31.4%above the sector's middle half▲ 20.6pp15.3%above the sector's middle half▼ 16.2pp25.3%above the sector's middle half▲ 10.0pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 104% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €104,860
Fixed assets
€49,539 ▼ 24.3%
Current assets
€55,321 ▲ 26.6%
Equity and liabilities €104,860
Equity
€72,035 ▲ 37.4%
Debt
€32,825 ▼ 42.1%
Debt's share of the balance-sheet total falls from 52.0% to 31.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€56,991▲
2024 · €31,559
Cash flow
€52,632▲
2024 · €33,101
Debt to equity
0.46▼
2024 · 1.08
ROE
36.8%▲
2024 · 31.8%
Interest coverage
64.51▲
2024 · 54.75
Debt ≤ 1 year
€24,595▼
2024 · €44,018
Debt > 1 year
€8,230▼
2024 · €12,681
Income taxes
€10,385▲
2024 · €4,791
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.8% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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 26,975 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
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €9,356 | €10,513 | €12,392 | €16,454 | €26,105 | ▲ 58.7% |
| Other operating charges640/8 | - | €120 | €50 | €704 | €1,416 | ▲ 101% |
| Non-recurring operating charges66A | - | - | - | €336 | - | - |
| Gross operating margin9900 | -€12,988 | €15,046 | €40,015 | €32,600 | €58,407 | ▲ 79.2% |
| Operating profit (loss)9901 | -€22,343 | €4,413 | €27,574 | €15,105 | €30,887 | ▲ 104% |
| Financial income75/76B | - | €5,893 | €6,634 | €6,909 | €6,909 | = |
| Recurring financial income75 | €4,529 | €5,893 | €6,634 | €6,909 | €6,909 | = |
| Financial charges65/66B | - | €273 | €630 | €576 | €883 | ▲ 53.3% |
| Recurring financial charges65 | €213 | €273 | €630 | €576 | €883 | ▲ 53.3% |
| Profit (loss) for the period before taxes9903 | -€18,027 | €10,032 | €33,578 | €21,437 | €36,912 | ▲ 72.2% |
| Income taxes67/77 | €293 | €305 | €2,805 | €4,791 | €10,385 | ▲ 117% |
| Profit (loss) for the period9904 | -€18,320 | €9,728 | €30,773 | €16,646 | €26,527 | ▲ 59.4% |
| Profit (loss) for the period to be appropriated9905 | -€18,320 | €9,728 | €30,773 | €16,646 | €26,527 | ▲ 59.4% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €62,702 | €89,849 | €97,904 | €109,116 | €104,860 | ▼ 3.9% |
| Fixed assets21/28 | €40,512 | €36,007 | €32,908 | €65,432 | €49,539 | ▼ 24.3% |
| Intangible fixed assets21 | €40,512 | €32,326 | €28,680 | €17,146 | €10,256 | ▼ 40.2% |
| Tangible fixed assets22/27 | - | €3,681 | €4,229 | €48,286 | €39,283 | ▼ 18.6% |
| Furniture and vehicles24 | - | €3,681 | €4,229 | €48,286 | €39,283 | ▼ 18.6% |
| Current assets29/58 | €22,190 | €53,841 | €64,996 | €43,684 | €55,321 | ▲ 26.6% |
| Stocks and contracts in progress3 | €1,125 | €286 | - | - | - | - |
| Stocks30/36 | - | €286 | - | - | - | - |
| Amounts receivable within one year40/41 | €7,549 | €13,113 | €17,320 | €23,438 | €30,483 | ▲ 30.1% |
| Trade receivables40 | - | €13,113 | €17,320 | €22,777 | €25,183 | ▲ 10.6% |
| Other amounts receivable41 | - | - | - | €661 | €5,300 | ▲ 702% |
| Cash at bank and in hand54/58 | €11,299 | €38,042 | €41,895 | €15,870 | €19,615 | ▲ 23.6% |
| Deferred charges and accrued income490/1 | - | €2,401 | €5,781 | €4,376 | €5,223 | ▲ 19.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €62,702 | €89,849 | €97,904 | €109,116 | €104,860 | ▼ 3.9% |
| Equity10/15 | €9,567 | €13,411 | €42,680 | €52,417 | €72,035 | ▲ 37.4% |
| Contributions10/11 | - | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Profit (loss) carried forward14 | -€18,320 | -€8,592 | €22,181 | €38,827 | €65,354 | ▲ 68.3% |
| Investment grants15 | - | €19,003 | €17,499 | €10,590 | €3,681 | ▼ 65.2% |
| Amounts payable17/49 | €53,135 | €76,437 | €55,225 | €56,699 | €32,825 | ▼ 42.1% |
| Amounts payable after more than one year17 | - | - | - | €12,681 | €8,230 | ▼ 35.1% |
| Financial debts170/4 | - | - | - | €12,681 | €8,230 | ▼ 35.1% |
| Amounts payable within one year42/48 | €53,135 | €76,437 | €55,225 | €44,018 | €24,595 | ▼ 44.1% |
| Current portion of amounts payable after more than one year42 | - | - | - | €4,276 | €4,451 | ▲ 4.1% |
| Financial debts43 | - | - | - | €45 | - | - |
| Credit institutions430/8 | - | - | - | €45 | - | - |
| Trade debts44 | €1,160 | €442 | €314 | €676 | €1,919 | ▲ 184% |
| Suppliers440/4 | - | €442 | €314 | €676 | €1,919 | ▲ 184% |
| Advances received on contracts in progress46 | - | €350 | €17,126 | €1,916 | €2,890 | ▲ 50.8% |
| Taxes, remuneration and social security45 | - | €387 | €2,033 | €2,350 | - | - |
| Taxes450/3 | - | €387 | €2,033 | €2,350 | - | - |
| Other amounts payable47/48 | - | €75,259 | €35,751 | €34,755 | €15,336 | ▼ 55.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€18,320 | €9,728 | €30,773 | €16,646 | €26,527 | ▲ 59.4% |
| + Depreciation and write-downs630 | €9,356 | €10,513 | €12,392 | €16,454 | €26,105 | ▲ 58.7% |
| Operating cash flow (approximation) | -€8,964 | €20,241 | €43,164 | €33,101 | €52,632 | ▲ 59.0% |
| Investment in fixed assets (approximation) | - | -€6,009 | -€9,293 | -€48,978 | -€10,212 | ▲ 79.1% |
| Change in cash | - | €26,743 | €3,853 | -€26,025 | €3,746 | ▲ 114% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
09-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
31-03
Financial
Liquidity doublescurrent ratio 2.25
Current ratio from 0.99 to 2.25; short-term debt falls from €44,018 to €24,595.
2024
11-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
29-10
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
31-03
Financial
Highest result since 2021net €30,773 ▲216%
Net result €30,773, the highest in the series.
2022
17-11
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 17 days late
31-03
Financial
Back to profitnet €9,728
Net result €9,728 after one loss-making year.
2021
03-11
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 3 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
1 act for this company is 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, Lasne · 1 establishment unit since 2020
Ground area
1,699 m²
Building footprint
135 m²
Volume, LiDAR
930 m³
Parcel 25076B0342/00K000, Wallonia · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
U-TOPIC
since 20202.300.762.004
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25076B0342/00K000 | Wallonia | 1,699 m² | 1 · 135 m² | 8.6 m · 2 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.
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Of 12,951 companies in sector 47120 we hold annual accounts for 2,192. 1,539 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded01-04-2020
Fiscal year end31-03
Activities, NACEBEL 2025
47120Other non-specialised retail sale
70200Business and other management consultancy
E-invoicing
Reachable via Peppol
Peppol ID
0208:0745756685
Also
9925:BE0745756685
Registered
25-10-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.