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Complete company report
Generated 04-08-2026
Active BE 0793.517.111Private limited company

UB GROUP

Frans Baetenstraat 43 ·2100 Antwerpen, Belgium· 3 yrs active
Sector: Specialised construction (43410)
Conclusion Checked

The computed 12-month bankruptcy probability of UB GROUP is 10.0% (elevated). The 2023 annual accounts show equity of €23k and a net result of €21k. The company has been active since 2022 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Based on the State Gazette, CBE and 1 annual account.
Key figures
Equity €23k
Net result €21k
Staff (FTE) 2
Active 3 yrs
Snowflake analysis 5 axes · computed by Checked
Health89Profitability79Solvency66Growth50Stability71
71 / 100

Strong profile, led by health.

Health 89
Profitability 79
Solvency 66
Growth 50
Stability 71
Bankruptcy probability (12 mo) Checked model v1 · free
10.0% Elevated
0%0,5%1,5%4%10%≥25%
Young company +Recent warning signals +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Risk Assessment rule-based
3 / 100
Low risk
Components
· 1 administrative flag (+3)
Trust signals 2 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administrative Flags 1 events
Address struck
Health barometer FY 2023 · computed
89 / 100 Excellent
050100

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Financial overview2 NBB filings
Annual accounts filed on 27-06-2025 with the NBB · fiscal year 2024 · micro
Fiscal year2023
Revenue€229k
EBITDA€30k
Net profit€21k
Cash flow€24k
Staff costs€31k
Income taxes€5k
Dividends-
Total assets€62k
Equity€23k
Debt€39k
of which ≤ 1y€39k
of which > 1y-
Working capital€15k
Employees (FTE)2.0
Ratios (computed)
2023
Current ratio1.38
Quick ratio1.38
Working capital ratio24.1%
Solvency37.1%
Debt / equity1.69
Long-term debt ratio-
Interest coverage481.43
Gross margin23.3%
Net margin9.2%
ROA33.9%
ROE91.3%
EBITDA margin13.0%
Days sales outstanding41d
Days payable outstanding21d
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€62k
Fixed assets 21/28€7k
Formation expenses 20€778
Tangible fixed assets 22/27€7k
Current assets 29/58€54k
Amounts receivable within one year 40/41€50k
Cash & bank 54/58€4k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€62k
Equity 10/15€23k
Contributions / capital 10/11€2k
Accumulated profits (losses) 14€21k
Amounts payable 17/49€39k
Amounts payable within one year 42/48€39k
Trade debts payable within one year 44€10k
Income statement
Turnover 70€229k
Gross operating margin 9900€62k
Operating result 9901€26k
Financial income 75€1
Financial charges 65€62
Result before taxes 9903€26k
Income taxes 67/77€5k
Net result for the period 9904€21k
Result to be appropriated 9905€21k
Ratios computed by Checked.
Legal Structure
NACE primary Specialised construction(43410)
Legal form Private limited company(610)
Incorporation12-11-2022
StatusActive
Postal code2100
Establishment units 1 location
UB GROUP
Frans Baetenstraat 43, 2100 AntwerpenAlgemene elektrotechnische installatiewerken
since 20222.337.789.278
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Real-estate footprint Source: CBE × cadastre

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11346B1016/00P008 Flanders 718 m² 1 · 242 m² 10.7 m · 3 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates 5 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2025
27-06-2025
NBB filing Annual accounts filed
fiscal year 2024 · micro
04-04-2025
KBO administration Address struck
28-03-2025
State Gazette act Registered-office change
2024
05-07-2024
NBB filing Annual accounts filed
fiscal year 2023 · micro
Lifecycle & Insolvency Signals 1 events
04-04-2025
KBO administration Address struck
 · Publications in State Gazette ↗
Time machine, BS events + macro context 2021, 2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-04-04 · KBO administration · Address struck
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event
Belgisch Staatsblad, acts 1 acts
Address history · 1
28-03-2025
Registered-office move
All acts · 1 updated 1 year ago
2025
28-03-2025 Registered office moved within Antwerpen Registered-office change
  • Frans Baetenstraat 43 bus 202, 2100 Аntwerpen → Frans Baetenstraat 43 bus 102, 2100 Antwerpen
Technical details 
{
  "events": [
    {
      "kind": "zetel_transfer",
      "seat_type": "siege_social",
      "new_address": {
        "raw": "Frans Baetenstraat 43 bus 102, 2100 Antwerpen",
        "city": "Antwerpen",
        "region": "vlaams_gewest",
        "street": "Frans Baetenstraat",
        "country": "BE",
        "postcode": "2100",
        "box_number": "102",
        "street_number": "43",
        "locality_suffix": null
      },
      "old_address": {
        "raw": "Frans Baetenstraat 43 bus 202, 2100 \u0410ntwerpen",
        "city": "Antwerpen",
        "region": "vlaams_gewest",
        "street": "Frans Baetenstraat",
        "country": "BE",
        "postcode": "2100",
        "box_number": "202",
        "street_number": "43",
        "locality_suffix": null
      },
      "effective_date": null,
      "evidence_quote": "",
      "region_changed": false,
      "is_statute_change": true,
      "nationality_change": false,
      "old_address_source": "header_volledig_adres",
      "statute_clause_text": null,
      "statute_article_number": null,
      "effective_date_qualifier": null,
      "statutaire_vs_werkelijke": null,
      "linguistic_region_changed": false,
      "court_jurisdiction_changed": false,
      "effective_date_is_approximate": null
    }
  ],
  "notary": {
    "name": null,
    "firm_city": null,
    "firm_name": null,
    "office_city": null,
    "is_associated": false
  },
  "act_meta": {
    "language": "nl",
    "pub_date": "2025-03-28",
    "filing_date": "2025-03-19",
    "act_kind_objet": "Onderwerp akte:"
  },
  "decision": {
    "body": "bijzondere_algemene_vergadering",
    "date": "2025-03-10",
    "unanimous": null
  },
  "subject_company": {
    "kbo": "0793.517.111",
    "name_full": "UB GROUP",
    "legal_form": "BV",
    "_kbo_filled_from_list": true
  },
  "publication_proxy": {
    "kind": "person",
    "org_kbo": null,
    "org_name": null,
    "person_name": "Hasan Alhasan",
    "org_rep_person_name": null,
    "person_role_at_subject": "Bestuurder"
  },
  "co_filed_documents": []
}
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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.
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Company registry (CBE) Crossroads Bank
Activities
Algemene bouw van residentiële gebouwen41001Algemene bouw van residentiële gebouwen41201Dakwerkzaamheden43410Dakwerkzaamheden43910Algemene bouw van residentiële gebouwen41001Algemene bouw van residentiële gebouwen41201Algemene reiniging van gebouwen81210Algemene reiniging van gebouwen81210Andere reinigingsactiviteiten81230Andere reinigingsactiviteiten81290
Primary activity highlighted.
Names & trade names
Legal nameNL UB GROUP
Registered office
Frans Baetenstraat 43 bus 102
2100 Antwerpen, Belgium
Registration history
  1. 04-04-2025 Address struck
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.
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Source: Belgian State Gazette, CBE, NBB · generated via checked.be · indicative