Ubuild
ActiveSummary
Ubuild has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €585,428 and a net result of €6,247. Equity is growing by about 31% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Equity
- €585,428
- Profit
- €6,247
- DEBLAUWE Johanna Maria Antoinette LuciaDirector
- SOMERS DirkDirector
Why 94lowers riskSize: total assets €598,542No main activity registeredFigures for financial year 2025 (filed 08-08-2026)Equity €585,428 (97.8% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 81% on solvency, 52% on liquidity, 31% on profitability and 52% on growth.
The bankruptcy probability was computed on 28-10-2026 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.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 7 accounts on average 7 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · micro…
- Liquidity more than quadruplescurrent ratio 73.77
- Annual accounts filedfinancial year 2024 · micro…
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result turns negative in 2025: a loss of €527 after €2,099 in 2024, the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Use the arrow keys on the chart for the figures per year.
- 2022 Net result +87% on 2021. The accounts now follow the micro format, last year the abbreviated format.
- 2021 Net result +690% on 2020. The accounts now follow the abbreviated format, last year the micro format.
Peer companies
Historical observationOf the 1,639 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 95.5% are still going.
- Small
- 5 to 10 years old
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,445 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% | 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 1,639 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.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Other operating charges640/8 | - | - | - | €410 | €410 | €446 | €449 | €462 | ▲ 2.8% |
| Gross operating margin9900 | -€2,463 | -€11,137 | €24,003 | €213,832 | €394,238 | €121,135 | €2,549 | -€66 | - |
| Operating profit (loss)9901 | -€2,804 | -€11,801 | €23,280 | €213,423 | €393,828 | €120,688 | €2,099 | -€527 | - |
| Financial income75/76B | - | - | - | €2,166 | €4,778 | €7,749 | €19,332 | €9,230 | ▼ 52.3% |
| Recurring financial income75 | €25 | - | €11 | €2,166 | €4,778 | €7,749 | €19,332 | €9,230 | ▼ 52.3% |
| Financial charges65/66B | - | - | - | €3,377 | €3,379 | €706 | - | €182 | - |
| Recurring financial charges65 | €0 | €139 | €1,959 | €3,377 | €3,379 | €706 | - | €182 | - |
| Profit (loss) for the period before taxes9903 | -€2,779 | -€11,940 | €21,333 | €212,211 | €395,227 | €127,732 | €21,432 | €8,520 | ▼ 60.2% |
| Income taxes67/77 | - | - | €1,654 | €56,700 | €104,351 | €34,088 | €5,840 | €2,274 | ▼ 61.1% |
| Profit (loss) for the period9904 | -€2,779 | -€11,940 | €19,679 | €155,510 | €290,876 | €93,643 | €15,592 | €6,247 | ▼ 59.9% |
| Profit (loss) for the period to be appropriated9905 | -€2,779 | -€11,940 | €19,679 | €155,510 | €290,876 | €93,643 | €15,592 | €6,247 | ▼ 59.9% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €289,466 | €329,240 | €356,836 | €572,344 | €668,556 | €687,285 | €624,498 | €598,542 | ▼ 4.2% |
| Current assets29/58 | €289,466 | €329,240 | €356,836 | €572,344 | €668,556 | €687,285 | €624,498 | €598,542 | ▼ 4.2% |
| Stocks and contracts in progress3 | €280,953 | €326,028 | €275,000 | €179,108 | €41,496 | €1,300 | €1,300 | €1,300 | = |
| Stocks30/36 | - | - | - | €179,108 | €41,496 | €1,300 | €1,300 | €1,300 | = |
| Amounts receivable within one year40/41 | - | - | €77,752 | €389,662 | €615,960 | €596,738 | €599,409 | €564,409 | ▼ 5.8% |
| Trade receivables40 | - | - | - | - | - | - | €3,161 | €3,161 | = |
| Other amounts receivable41 | - | - | - | €389,662 | €615,960 | €596,738 | €596,248 | €561,248 | ▼ 5.9% |
| Cash at bank and in hand54/58 | €8,513 | €3,212 | €4,084 | €1,429 | €9,561 | €87,163 | €4,456 | €28,528 | ▲ 540% |
| Deferred charges and accrued income490/1 | - | - | - | €2,146 | €1,539 | €2,084 | €19,332 | €4,305 | ▼ 77.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €289,466 | €329,240 | €356,836 | €572,344 | €668,556 | €687,285 | €624,498 | €598,542 | ▼ 4.2% |
| Equity10/15 | €9,721 | -€2,218 | €23,561 | €179,071 | €469,947 | €563,590 | €579,182 | €585,428 | ▲ 1.1% |
| Contributions10/11 | €12,500 | €12,500 | - | €18,600 | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Profit (loss) carried forward14 | -€2,779 | -€14,718 | €4,961 | €160,471 | €451,347 | €544,990 | €560,582 | €566,828 | ▲ 1.1% |
| Amounts payable17/49 | €279,745 | €331,458 | €333,275 | €393,273 | €198,609 | €123,695 | €45,316 | €13,114 | ▼ 71.1% |
| Amounts payable after more than one year17 | - | - | - | - | - | - | €5,000 | €5,000 | = |
| Other amounts payable178/9 | - | - | - | - | - | - | €5,000 | €5,000 | = |
| Amounts payable within one year42/48 | €279,745 | €331,458 | €331,348 | €388,049 | €197,746 | €123,502 | €40,316 | €8,114 | ▼ 79.9% |
| Trade debts44 | €303 | €966 | - | - | - | €62 | €34,476 | €5,840 | ▼ 83.1% |
| Suppliers440/4 | - | - | - | - | - | €62 | €34,476 | €5,840 | ▼ 83.1% |
| Taxes, remuneration and social security45 | - | - | - | €58,354 | €146,052 | €123,440 | €5,840 | €2,274 | ▼ 61.1% |
| Taxes450/3 | - | - | - | €58,354 | €146,052 | €123,440 | €5,840 | €2,274 | ▼ 61.1% |
| Other amounts payable47/48 | - | - | - | €329,695 | €51,695 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €5,224 | €863 | €194 | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€2,779 | -€11,940 | €19,679 | €155,510 | €290,876 | €93,643 | €15,592 | €6,247 | ▼ 59.9% |
| Operating cash flow (approximation) | -€2,779 | -€11,940 | €19,679 | €155,510 | €290,876 | €93,643 | €15,592 | €6,247 | ▼ 59.9% |
| Change in cash | - | -€5,301 | €872 | -€2,655 | €8,132 | €77,603 | -€82,707 | €24,072 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (8)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 31-07-2026 | 2026-00388353 |
| 31-12-2024 | micro format | 27-08-2025 | 2025-00424055 |
| 31-12-2023 | micro format | 29-08-2024 | 2024-00430892 |
| 31-12-2022 | micro format | 30-06-2023 | 2023-00204795 |
| 31-12-2021 | abbreviated format | 31-08-2022 | 2022-20419508 |
| 31-12-2020 | micro format | 31-08-2021 | 2021-65900476 |
| 31-12-2019 | micro format | 26-06-2020 | 2020-23500281 |
| 31-12-2018 | micro format | 04-07-2019 | 2019-29000104 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| DEBLAUWE Johanna Maria Antoinette Lucia |
|
| SOMERS Dirk |
|
| TERRAE REAL ESTATE |
|
| VULSTEKE Luc Cyriel Maria Cornelius |
|
Owners and capital
Capital and shareholders
- 01-03-2024 Converted to unavailable equity
Group and network
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
01-03
Gazette deed
Resignations: TERRAE REAL ESTATE (manager) and VULSTEKE Luc Cyriel Maria Cornelius (manager)Permanent representative: DEBLAUWE Johanna Maria Antoinette Lucia · Reappointments: SOMERS Dirk (director) and DEBLAUWE Johanna Maria Antoinette Lucia (director) · Amendment of the articles12 facts ▸
- Amendment of the articles (2 times)
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “vormen en meerderheden van statutenwijziging, opheffing statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Capital
- Director resignation, TERRAE REAL ESTATE (manager)
- Director resignation, VULSTEKE Luc Cyriel Maria Cornelius (manager)
- Director discharge, TERRAE REAL ESTATE
- Director discharge, VULSTEKE Luc Cyriel Maria Cornelius
- Permanent representative, DEBLAUWE Johanna Maria Antoinette Lucia
- Director reappointment, SOMERS Dirk (director (not named in the articles))
- Director reappointment, DEBLAUWE Johanna Maria Antoinette Lucia (director (not named in the articles))
- Registered office clause, “3511 Hasselt/Kuringen,Bosbeekstraat 29” (deed in Dutch)
Show earlier events
About the unread acts
Of the 4 Belgian Official Gazette deeds we know for this company, 1 has been read. The other 3 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits
Source: Omgevingsloket Vlaanderen. Flanders only: Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 71032B0642/00S000 | Flanders | 1,735 m² | 1 · 215 m² | 10.0 m · 3 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen…” (deed in Dutch)
6 activities (deed in Dutch)
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met betrekking tot onroerende goederen en onroerende zakelijke rechten, zoals de aanneming, verkoop, de bouw, het laten bouwen, de verbouwing, de binnenshuisinrichting en decoratie, de huur en verhuur, de ruil, de verkaveling en, in het algemeen, alle verrichtingen die rechtstreeks of onrechtstreeks betrekking hebben op het beheer of op het productief maken, van onroerende goederen of onroerende zakelijke rechten;
- Het uitrusten, inrichten en tot waarde brengen, op alle mogelijke wijzen, van en beleggen in alle onbebouwde en bebouwde onroerende goederen; het bouwen, verbouwen, aanpassen, herstellen van alle gebouwen en constructies bij middel van alle technieken en in alle stadia van afwerking; in het algemeen het actief uitoefenen van de promotie en projectontwikkeling van alle mogelijke onroerende goederen; advies, begeleiding, studie, aankoop, verkoop van onroerende goederen en vastgoedprojecten, hetzij geheel, hetzij gedeeltelijk al dan niet na kaveling.
- De aannemingen en de uitvoering van alle openbare en private bouwwerken. De studie en de uitvoering van alle mogelijke particuliere en openbare bouwwerken als algemene aannemer of in onderaanneming. Alle mogelijke verrichtingen die rechtstreeks of onrechtstreeks verband houden met de bouw, de renovatie, het onderhoud en herstel, de vernieuwing of de modernisering van onroerende goederen.
- Alle handelingen die betrekking hebben op onroerende leasing;
- Het aanleggen, het oordeelkundig uitbouwen en beheren van een roerend vermogen; alle verrichtingen met betrekking tot roerende goederen en rechten, van welke aard ook, zoals de aan- en verkoop, de huur en verhuur, de ruil; in het bijzonder het beheer en de valorisatie van alle verhandelbare waardepapieren, aandelen, obligaties, staatsfondsen;
- Het verwerven en aanhouden van participaties, in eender welke vorm, in alle bestaande of op te richten, industriële, commerciële, financiële, landbouw- of immobiliënvennootschappen of -ondernemingen; het stimuleren, de planning en coördinatie van de ontwikkeling van de vennootschappen en ondernemingen, waarin ze een participatie aanhoudt; het deelnemen aan hun beheer, bestuur, vereffening en toezicht alsmede het verlenen van technische, administratieve en financiële bijstand aan deze vennootschappen en ondernemingen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Ubuild
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, administratieve zetels, agentschappen, werkhuizen, stapelplaatsen en bijkantoren in België of in het buitenland bij enkel…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 14. Vertegenwoordigingsbevoegdheid De vennootschap wordt in al haar handelingen, met inbegrip van de vertegenwoordiging in rechte…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking, bij gebrek onbepaalde duur, een of meer” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, vruchtgebruiker en blote eigenaar afzonderlijk met vermelding rechten” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)