UGAS DIFFUSION
ActiveSummary
UGAS DIFFUSION has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€93,444) and a net result of -€2,095. Equity remains stable across the filed financial years (±1.6% per year). Its solvency ranks better than 5% of 16,933 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Financials · financial year 2025, micro format
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
The operating result stays negative: a loss of €2,107 in 2025 against €3,055 in 2024; the loss shrinks.
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.
Sector: the middle half of NACE 68, Real estate activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital.
Peer companies
Historical observationOf the 6,621 companies that looked in July 2024 the way this one looks now, 4.5% went bankrupt within 24 months and 84.4% are still going.
- Micro
- 20 years or older
- negative equity
- a loss of 10% of the balance sheet or more
A further 1.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 1.1% 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 497,472 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 74.5% 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 6,621 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 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | - | - | - | - | €234 | - |
| Other operating charges640/8 | - | - | - | €348 | €446 | €487 | €387 | ▼ 20.5% |
| Gross operating margin9900 | -€745 | -€830 | -€882 | -€741 | €234 | -€2,568 | -€1,485 | ▲ 42.2% |
| Operating profit (loss)9901 | -€1,093 | -€1,177 | -€1,229 | -€1,088 | -€212 | -€3,055 | -€2,107 | ▲ 31.0% |
| Financial charges65/66B | - | - | - | €76 | €73 | €77 | -€12 | - |
| Recurring financial charges65 | €55 | €79 | €74 | €76 | €73 | €77 | -€12 | - |
| Profit (loss) for the period before taxes9903 | -€1,148 | -€1,257 | -€1,304 | -€1,165 | -€285 | -€3,133 | -€2,095 | ▲ 33.1% |
| Profit (loss) for the period9904 | -€1,148 | -€1,257 | -€1,304 | -€1,165 | -€285 | -€3,133 | -€2,095 | ▲ 33.1% |
| Profit (loss) for the period to be appropriated9905 | -€1,148 | -€1,257 | -€1,304 | -€1,165 | -€285 | -€3,133 | -€2,095 | ▲ 33.1% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €3,761 | €3,764 | €3,761 | €3,770 | €3,767 | €3,961 | €5,011 | ▲ 26.5% |
| Fixed assets21/28 | €0 | €0 | €0 | €0 | €0 | €0 | €1,222 | - |
| Tangible fixed assets22/27 | €0 | €0 | €0 | €0 | €0 | €0 | €1,222 | - |
| Furniture and vehicles24 | - | - | - | €0 | €0 | €0 | €1,222 | - |
| Current assets29/58 | €3,761 | €3,764 | €3,761 | €3,770 | €3,767 | €3,961 | €3,789 | ▼ 4.3% |
| Stocks and contracts in progress3 | €3,761 | €3,761 | €3,761 | €3,761 | €3,761 | €3,761 | €3,761 | = |
| Stocks30/36 | - | - | - | €3,761 | €3,761 | €3,761 | €3,761 | = |
| Amounts receivable within one year40/41 | - | - | - | - | €0 | - | €0 | - |
| Trade receivables40 | - | - | - | - | €0 | - | - | - |
| Other amounts receivable41 | - | - | - | - | €0 | - | €0 | - |
| Cash at bank and in hand54/58 | €0 | €3 | €0 | €9 | €6 | €199 | €2 | ▼ 99.0% |
| Deferred charges and accrued income490/1 | - | - | - | - | - | - | €26 | - |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €3,761 | €3,764 | €3,761 | €3,770 | €3,767 | €3,961 | €5,011 | ▲ 26.5% |
| Equity10/15 | -€84,206 | -€85,463 | -€86,767 | -€87,932 | -€88,216 | -€91,349 | -€93,444 | ▼ 2.3% |
| Contributions10/11 | €18,592 | €18,592 | €0 | €18,592 | €18,592 | €18,592 | €18,592 | = |
| Profit (loss) carried forward14 | -€102,798 | -€104,055 | -€105,359 | -€106,524 | -€106,808 | -€109,941 | -€112,036 | ▼ 1.9% |
| Amounts payable17/49 | €87,968 | €89,227 | €90,528 | €91,702 | €91,983 | €95,310 | €98,455 | ▲ 3.3% |
| Amounts payable after more than one year17 | €28,000 | €28,000 | €28,000 | €28,000 | €28,000 | €28,000 | €28,000 | = |
| Other amounts payable178/9 | - | - | - | €28,000 | €28,000 | €28,000 | €28,000 | = |
| Amounts payable within one year42/48 | €59,968 | €61,227 | €62,528 | €63,702 | €63,983 | €67,310 | €70,455 | ▲ 4.7% |
| Financial debts43 | - | - | - | €0 | - | - | - | - |
| Credit institutions430/8 | - | - | - | €0 | - | - | - | - |
| Trade debts44 | €0 | €0 | €0 | €0 | €0 | €0 | €0 | - |
| Suppliers440/4 | - | - | - | €0 | €0 | - | €0 | - |
| Other amounts payable47/48 | - | - | - | €63,702 | €63,983 | €67,310 | €70,455 | ▲ 4.7% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,148 | -€1,257 | -€1,304 | -€1,165 | -€285 | -€3,133 | -€2,095 | ▲ 33.1% |
| + Depreciation and write-downs630 | - | - | - | - | - | - | €234 | - |
| Operating cash flow (approximation) | -€1,148 | -€1,257 | -€1,304 | -€1,165 | -€285 | -€3,133 | -€1,861 | ▲ 40.6% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | €0 | -€1,456 | - |
| Change in cash | - | €3 | -€3 | €9 | -€3 | €194 | -€197 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 32 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2025 | micro format | 29-08-2025 | 2025-00441714 |
| 31-03-2024 | micro format | 15-10-2024 | 2024-00507332 |
| 31-03-2023 | micro format | 24-10-2023 | 2023-00492206 |
| 31-03-2022 | micro format | 07-07-2022 | 2022-20157449 |
| 31-03-2021 | micro format | 10-08-2021 | 2021-47300423 |
| 31-03-2020 | micro format | 28-08-2020 | 2020-46200421 |
| 31-03-2019 | micro format | 11-09-2019 | 2019-63900575 |
| 31-03-2018 | micro format | 20-09-2018 | 2018-63700524 |
| 31-03-2017 | micro format | 26-09-2017 | 2017-62800532 |
| 31-03-2016 | full format | 27-09-2016 | 2016-61800207 |
Similar companies · same sector and region
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.