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UBRYS

Active
Private limited companyfounded 200620 yrs activeKoestraat 38, 8970 Poperinge, BelgiumKBO/BCE: BE 0880.018.741
Summary

UBRYS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €356,636. Equity is growing by ~19.8% per year across the filed fiscal years. Its solvency ranks better than 71% of 2033 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability93▼-7
Solvency91▲+2
Growth78=
Track record100
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100,000 at 30 days acceptable
Liquidity ample (current ratio 4.56 against 4.1 in 2024; short-term debt: 9.7% and cash: 27.9% of total assets), and 34.4% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Multiple establishment units
Several establishment units mean more fixed costs, and such companies fail more often than a company with one establishment.
KBO · establishment units
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
65.6%
Return on assets
19.2%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 20 years 0 30 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 14-08-2026, 14 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filings
Deviation from the deadline
2025
14 d late
2024
15 d early
2023
27 d late
2022
29 d late
2021
22 d late
2020
23 d late
2019
31 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 19 days after the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 22 August (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
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

UBRYS was incorporated on 16 March 2006.1 Total assets rose from EUR 810,442 in 2018 to EUR 1.9 million in 2025 and headcount from 2.4 to 0.8 full-time equivalents.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€1.2m▲ 32.2%
2024 · €923,532
Total assets
€1.9m▲ 29.3%
2024 · €1.4m
Net result
€356,636▼ 34.7%
2024 · €545,953
Working capital
€643,678▲ 52.3%
2024 · €422,574
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, 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€365,212▲ 62.3%-€40,723€132,574€808,426▲ 510%€536,491▼ 33.6%
Net result€328,211above the sector's middle half▲ 122%-€44,334below the sector's middle half€100,776within the sector's middle half€545,953above the sector's middle half▲ 442%€356,636above the sector's middle half▼ 34.7%
Equity€412,234within the sector's middle half▼ 12.3%€367,900above the sector's middle half▼ 10.8%€436,884within the sector's middle half▲ 18.8%€923,532above the sector's middle half▲ 111%€1.2mabove the sector's middle half▲ 32.2%
Total assets€1.2mwithin the sector's middle half▲ 24.5%€875,245above the sector's middle half▼ 25.6%€927,546within the sector's middle half▲ 6.0%€1.4mwithin the sector's middle half▲ 55.2%€1.9mabove the sector's middle half▲ 29.3%
Debt€724,776▲ 66.5%€467,345▼ 35.5%€450,662▼ 3.6%€475,933▲ 5.6%€600,075▲ 26.1%
Working capital€268,622within the sector's middle half▼ 6.5%€136,163above the sector's middle half▼ 49.3%€215,467within the sector's middle half▲ 58.2%€422,574within the sector's middle half▲ 96.1%€643,678above the sector's middle half▲ 52.3%
Solvency35.0%within the sector's middle half▼ 14.7pp42.0%within the sector's middle half▲ 7.0pp47.1%within the sector's middle half▲ 5.1pp64.2%within the sector's middle half▲ 17.1pp65.6%within the sector's middle half▲ 1.5pp
Current ratio1.42within the sector's middle half▼ 0.512.54within the sector's middle half▲ 1.122.91within the sector's middle half▲ 0.374.10above the sector's middle half▲ 1.204.56above the sector's middle half▲ 0.45
Return on assets (ROA)27.9%above the sector's middle half▲ 12.3pp-5.1%below the sector's middle half▼ 33.0pp10.9%within the sector's middle half▲ 15.9pp37.9%above the sector's middle half▲ 27.1pp19.2%above the sector's middle half▼ 18.8pp
Staff (FTE)2.5within the sector's middle half▲ 4.2%0.6below the sector's middle half0.8within the sector's middle half▲ 33.3%0.8within the sector's middle half=
above within below the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
-€250,000€0€250,000€500,000€750,000Operating result 2021: €365,212€365,212Net result 2021: €328,211€328,211Operating result 2022: -€40,723-€40,723Net result 2022: -€44,334-€44,334Operating result 2023: €132,574€132,574Net result 2023: €100,776€100,776Operating result 2024: €808,426€808,426Net result 2024: €545,953€545,953Operating result 2025: €536,491€536,491Net result 2025: €356,636€356,63620212022202320242025€0€250,000€500,000€750,000Operating result 2023: €132,574€133,000Net result 2023: €100,776€101,000Operating result 2024: €808,426€808,000Net result 2024: €545,953€546,000Operating result 2025: €536,491€536,000Net result 2025: €356,636€357,000202320242025
The operating result falls in 2025; 2025 is 34% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.9m
Fixed assets €1.0m ▲ 17.7%
Current assets €824,676 ▲ 47.6%
Equity and liabilities €1.9m
Equity €1.2m ▲ 32.2%
Provisions €40,000 =
Debt €600,075 ▲ 26.1%
Debt's share of the balance-sheet total falls from 33.1% to 32.2%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€634,632▼
2024 · €881,956
Cash flow
€454,776▼
2024 · €619,483
Debt to equity
0.49▼
2024 · 0.52
ROE
29.2%▼
2024 · 59.1%
Interest coverage
30.26▼
2024 · 52.89
Debt ≤ 1 year
€180,998▲
2024 · €136,111
Debt > 1 year
€419,077▲
2024 · €339,822
Income taxes
€164,573▼
2024 · €251,027
Staff costs
€51,424▲
2024 · €49,405
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 31,349 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 93% are still going.

  • Micro
  • 20 years or older
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
0.4% went bankrupt
5.9% stopped otherwise
93% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 31,349 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 · 60 lines
Balance sheet Code20242025
Assets
Total assets20/58€1.4m€1.9m▲
Fixed assets21/28€880,780€1.0m▲
Tangible fixed assets22/27€866,834€1.0m▲
Land and buildings22€738,248€865,673▲
Plant, machinery and equipment23€3,472€7,427▲
Furniture and vehicles24€125,114€149,639▲
Financial fixed assets28€13,946€13,946=
Current assets29/58€558,685€824,676▲
Amounts receivable after more than one year29€5,555€4,059▼
Other amounts receivable291€5,555€4,059▼
Amounts receivable within one year40/41€33,909€44,958▲
Trade receivables40€30,533€36,377▲
Other amounts receivable41€3,376€8,581▲
Current investments50/53€0€250,000▲
Cash at bank and in hand54/58€514,772€519,654▲
Deferred charges and accrued income490/1€4,449€6,004▲
Equity and liabilities
Total equity and liabilities10/49€1.4m€1.9m▲
Equity10/15€923,532€1.2m▲
Contributions10/11€5,461€5,461=
Reserves13€918,071€1.2m▲
Distributable reserves133€918,071€1.2m▲
Profit (loss) carried forward14€0€0=
Provisions and deferred taxes16€40,000€40,000=
Provisions for liabilities and charges160/5€40,000€40,000=
Pensions and similar obligations160€40,000€40,000=
Amounts payable17/49€475,933€600,075▲
Amounts payable after more than one year17€339,822€419,077▲
Financial debts170/4€339,822€419,077▲
Amounts payable within one year42/48€136,111€180,998▲
Current portion of amounts payable after more than one year42€53,287€92,784▲
Financial debts43€13,203€17,712▲
Credit institutions430/8€13,203€17,712▲
Trade debts44€18,415€5,159▼
Suppliers440/4€18,415€5,159▼
Taxes, remuneration and social security45€51,126€65,287▲
Taxes450/3€44,643€59,138▲
Remuneration and social security454/9€6,483€6,149▼
Other amounts payable47/48€80€56▼
Income statement Code20242025
Non-recurring operating income76A€6,000€4,175▼
Remuneration, social security and pensions62€49,405€51,424▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€73,530€98,141▲
Other operating charges640/8€6,195€7,100▲
Gross operating margin9900€937,556€693,155▼
Operating profit (loss)9901€808,426€536,491▼
Financial income75/76B€5,230€5,693▲
Recurring financial income75€5,230€5,693▲
Financial charges65/66B€16,676€20,976▲
Recurring financial charges65€16,676€20,976▲
Profit (loss) for the period before taxes9903€796,980€521,208▼
Income taxes67/77€251,027€164,573▼
Profit (loss) for the period9904€545,953€356,636▼
Profit (loss) for the period to be appropriated9905€545,953€356,636▼
Appropriation of the result
Profit (loss) to be appropriated9906€545,953€356,636▼
Profit (loss) brought forward from the previous period14P€0-
Transfer from equity791/2€59,306€58,881▼
Transfer to equity691/2€545,953€356,636▼
To other reserves6921€545,953€356,636▼
Profit to be distributed694/7€59,306€58,881▼
Return on contributions (dividend)694€59,306€58,881▼
Social balance
Average headcount (FTE)90870.80.8=

The notes to these accounts (22 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Non-recurring operating income76A---€6,000€4,175▼ 30.4%
Remuneration, social security and pensions62€109,740€0€32,468€49,405€51,424▲ 4.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€79,089€61,997€62,609€73,530€98,141▲ 33.5%
Other operating charges640/8€8,505€7,547€14,817€6,195€7,100▲ 14.6%
Gross operating margin9900€562,547€28,821€242,467€937,556€693,155▼ 26.1%
Operating profit (loss)9901€365,212-€40,723€132,574€808,426€536,491▼ 33.6%
Financial income75/76B€35,008€4,801€3,203€5,230€5,693▲ 8.9%
Recurring financial income75€35,008€4,801€3,203€5,230€5,693▲ 8.9%
Financial charges65/66B€7,919€8,029€15,040€16,676€20,976▲ 25.8%
Recurring financial charges65€7,032€8,029€15,040€16,676€20,976▲ 25.8%
Non-recurring financial charges66B€887€0----
Profit (loss) for the period before taxes9903€392,302-€43,951€120,738€796,980€521,208▼ 34.6%
Income taxes67/77€64,091€383€19,961€251,027€164,573▼ 34.4%
Profit (loss) for the period9904€328,211-€44,334€100,776€545,953€356,636▼ 34.7%
Transfer from tax-exempt reserves789€15,803€0----
Profit (loss) for the period to be appropriated9905€344,013-€44,334€100,776€545,953€356,636▼ 34.7%
Line20212022202320242025Change
Assets
Total assets20/58€1.2m€875,245€927,546€1.4m€1.9m▲ 29.3%
Fixed assets21/28€265,456€650,764€599,092€880,780€1.0m▲ 17.7%
Tangible fixed assets22/27€254,844€640,153€585,146€866,834€1.0m▲ 18.0%
Land and buildings22€234,022€553,783€512,901€738,248€865,673▲ 17.3%
Plant, machinery and equipment23€9,452€6,979€6,043€3,472€7,427▲ 114%
Furniture and vehicles24€11,370€79,392€66,203€125,114€149,639▲ 19.6%
Financial fixed assets28€10,612€10,612€13,946€13,946€13,946=
Current assets29/58€911,554€224,481€328,455€558,685€824,676▲ 47.6%
Amounts receivable after more than one year29€9,801€8,424€7,009€5,555€4,059▼ 26.9%
Trade receivables290-€8,424€7,009---
Other amounts receivable291€9,801--€5,555€4,059▼ 26.9%
Stocks and contracts in progress3€0-----
Contracts in progress37€0-----
Amounts receivable within one year40/41€820,903€148,368€79,300€33,909€44,958▲ 32.6%
Trade receivables40€740,915€16,943€2,212€30,533€36,377▲ 19.1%
Other amounts receivable41€79,987€131,425€77,088€3,376€8,581▲ 154%
Current investments50/53-€25,627€200,000€0€250,000-
Cash at bank and in hand54/58€77,953€35,291€38,873€514,772€519,654▲ 0.9%
Deferred charges and accrued income490/1€2,897€6,769€3,273€4,449€6,004▲ 34.9%
Equity and liabilities
Total equity and liabilities10/49€1.2m€875,245€927,546€1.4m€1.9m▲ 29.3%
Equity10/15€412,234€367,900€436,884€923,532€1.2m▲ 32.2%
Contributions10/11€5,461€5,461€5,461€5,461€5,461=
Reserves13€406,772€405,757€431,423€918,071€1.2m▲ 32.4%
Non-distributable reserves130/1€1,016€0----
Reserves not available under the articles1311€1,016€0----
Tax-exempt reserves132€0-----
Distributable reserves133€405,757€405,757€431,423€918,071€1.2m▲ 32.4%
Profit (loss) carried forward14--€43,318€0€0€0-
Provisions and deferred taxes16€40,000€40,000€40,000€40,000€40,000=
Provisions for liabilities and charges160/5€40,000€40,000€40,000€40,000€40,000=
Pensions and similar obligations160€40,000€40,000€40,000€40,000€40,000=
Amounts payable17/49€724,776€467,345€450,662€475,933€600,075▲ 26.1%
Amounts payable after more than one year17€81,844€379,028€337,674€339,822€419,077▲ 23.3%
Financial debts170/4€81,844€379,028€337,674€339,822€419,077▲ 23.3%
Amounts payable within one year42/48€642,932€88,317€112,988€136,111€180,998▲ 33.0%
Current portion of amounts payable after more than one year42€17,625€40,704€41,353€53,287€92,784▲ 74.1%
Financial debts43€12,500€13,252€19,044€13,203€17,712▲ 34.2%
Credit institutions430/8€12,500€13,252€19,044€13,203€17,712▲ 34.2%
Trade debts44€376,671€7,060€1,588€18,415€5,159▼ 72.0%
Suppliers440/4€376,671€7,060€1,588€18,415€5,159▼ 72.0%
Taxes, remuneration and social security45€49,750€19,467€23,170€51,126€65,287▲ 27.7%
Taxes450/3€48,824€14,005€19,276€44,643€59,138▲ 32.5%
Remuneration and social security454/9€926€5,462€3,894€6,483€6,149▼ 5.2%
Other amounts payable47/48€186,386€7,835€27,833€80€56▼ 29.5%
Accrued charges and deferred income492/3€0-----
Line20212022202320242025Change
Profit (loss) for the period9904€328,211-€44,334€100,776€545,953€356,636▼ 34.7%
+ Depreciation and write-downs630€79,089€61,997€62,609€73,530€98,141▲ 33.5%
Operating cash flow (approximation)€407,300€17,663€163,385€619,483€454,776▼ 26.6%
Investment in fixed assets (approximation)--€447,305-€10,936-€355,218-€254,046▲ 28.5%
Change in cash--€42,662€3,581€475,899€4,882▼ 99.0%

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
14-08
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 14 days late
2025
31-12
Financial Equity above €1mEq €1.2m ▲32.2%
3 profitable years in a row build equity to €1.2m.
16-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Highest result since 2018net €545,953 ▲442%
Operating result €808,426, net result €545,953, both a record.
31-12
Financial Equity above €500,000Eq €923,532 ▲111%
2 profitable years in a row build equity to €923,532.
27-08
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 27 days late
2023
31-12
Financial Back to profitnet €100,776
Net result €100,776 after one loss-making year.
29-08
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
2022
31-12
Financial Weakest financial yearnet -€44,334
Net result drops to -€44,334, the lowest in the series; recovery starts the following year.
22-08
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 22 days late
2021
23-08
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema · 23 days late
2020
31-08
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema · 31 days late
Show earlier events
2019
27-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 27 days late
2018
29-08
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
07-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Poperinge · 3 establishment units since 2006
seat establishment All 3 establishment units on the map
Ground area
1,858 m²
Building footprint
718 m²
Volume, LiDAR
6,162 m³
3 parcels, Flanders · tallest building 22.2 m, ±3 floors. Linked by address, not a title deed.
3 establishment units
RD Engineering
Koestraat 38, 8970 PoperingeNACE 45112
since 20062.156.882.991
De Korre
Albert I Laan(Odk) 113, 8670 KoksijdeReal estate activities
since 20112.198.533.902
naviGO
Pottestraat 35, 8970 PoperingeReal estate development
since 20182.274.180.836
3 parcels
Flanders 3 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
33313K0025/00G000 Flanders 980 m² 1 · 156 m² 10.3 m · 2 fl.
33021F0100/00G000 Flanders 457 m² 1 · 141 m² 12.0 m · 3 fl.
38502G0034/00C000 Flanders 421 m² 1 · 421 m² 22.2 m · 1 fl.
Linked by address, not proof of ownership
Good to know
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector, comparable size

Of 11,577 companies in sector 71121 we hold annual accounts for 6,570. 3,109 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
Founded16-03-2006
Fiscal year end31-12
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
68121Development of residential building projects
43120Site preparation
43222Installation of electric heating, air conditioning, cooling and ventilation
43332Laying of wooden floor and wall coverings
68203Renting and operating of own or leased non-residential real estate, excluding land
68204Real estate activities
71111Activities of building architects
E-invoicing
Reachable via Peppol
Peppol ID 0208:0880018741
Also 9925:BE0880018741
Registered 27-05-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

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