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UGK GROUP

Active
Private limited companyfounded 2022active for 4 yearsKleinewinkellaan 64b, 1853 Grimbergen, Belgium39 active companies are registered at this addressKBO/BCE: BE 0784.934.589
Summary

The computed 12-month bankruptcy probability of UGK GROUP is 12.8% (high). The 2024 annual accounts show negative equity (-€87,436) and a net result of -€72,871. Equity is shrinking by about 188% per year across the filed financial years. Its solvency ranks better than 5% of 9,843 sector peers (NACE 41, financial year 2024). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
General construction of residential buildings
NACE 41001
1 site
Size
€183,866total assets 2024
Equity
-€87,436
Loss
-€72,871
Turnover not published (micro format)
Financial health
27 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
12.8%
Structure
Accounts 76 days overdue1 of 2 deeds read
Why 27raises risk1 change of registered office in 24 months1 financial year not filed after the legal deadline; latest accounts 59 days late; 3 of the last 3 lateSector: Construction of residential and non-residential buildings (NACE 41)Figures for financial year 2024 (filed 30-09-2025)Show the evidence

Checked score

Score 2024
27 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 5% of its sector peers (NACE 41, micro)
Financial strength · tick = 2023
Weak
Solvency 0-20
equity -47.6% of total assets
Liquidity 13+12
short-term debt 130.4% · cash 10.2%
Profitability 0=
return on assets -39.6%
Bankruptcy probability, 12 months
12.8% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 8 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.5% (13,406 companies, NACE 41, micro)
Last 24 months 11-2024: 8.9% 12-2024: 10.0%▲ +1.1 percentage points vs 11-2024 01-2025: 12.5%▲ +2.5 percentage points vs 12-2024 02-2025: 12.5%● unchanged vs 01-2025 03-2025: 12.7%▲ +0.2 percentage points vs 02-2025 04-2025: 12.8%▲ +0.1 percentage points vs 03-2025highest value 05-2025: 12.4%▼ -0.4 percentage points vs 04-2025 06-2025: 12.0%▼ -0.4 percentage points vs 05-2025 07-2025: 11.9%▼ -0.1 percentage points vs 06-2025 08-2025: 12.5%▲ +0.6 percentage points vs 07-2025 09-2025: 12.7%▲ +0.2 percentage points vs 08-2025 10-2025: 7.1%▼ -5.6 percentage points vs 09-2025 11-2025: 7.1%● unchanged vs 10-2025 12-2025: 6.6%▼ -0.5 percentage points vs 11-2025 01-2026: 6.5%▼ -0.1 percentage points vs 12-2025 02-2026: 6.5%● unchanged vs 01-2026 03-2026: 6.3%▼ -0.2 percentage points vs 02-2026 04-2026: 6.3%● unchanged vs 03-2026 05-2026: 6.2%▼ -0.1 percentage points vs 04-2026lowest value 06-2026: 6.2%● unchanged vs 05-2026 07-2026: 6.3%▲ +0.1 percentage points vs 06-2026 08-2026: 6.9%▲ +0.6 percentage points vs 07-2026 09-2026: 7.0%▲ +0.1 percentage points vs 08-2026 10-2026: 12.8%▲ +5.8 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.53, compared with 0.75 in 2023, below 1; short-term debt: 130.4% and cash: 10.2% of total assets), and equity is negative.
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 (NACE 41, micro): better than 3% on solvency, 11% on liquidity, 5% on profitability and 0% on growth.

The bankruptcy probability was computed on 15-10-2026 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

Seven signals.
raises riskneutral
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · 1 financial year not filed after the legal deadline; latest accounts 59 days late; 3 of the last 3 late
NBB · filings
raises risk · Sector: Construction of residential and non-residential buildings (NACE 41)
KBO
raises risk · Figures for financial year 2024 (filed 30-09-2025)
NBB · annual accounts
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
222324
2022 to 2024 · latest year -€87,436
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 76 days later.
NBB · 3 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline15-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 28-09-2025, 59 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 3 filings
Deviation from the deadline
2025
not filed
2024
59 days late
2023
237 days late
2022
224 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 3 accounts on average 173 days after the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2022.
KBO publications · our coverage
  1. Registered officeRegistered-office move · Director in…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Annual accounts filedfinancial year 2023 · micro…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€87,436 View
  • Caution: Equity fell in 2024from -€14,565 to -€87,436 ▼ 500% View
  • Caution: Among the weakest 5% on net resultsector median €7,911 · 9,834 companies -€72,871 View
  • Caution: Accounts not fileddeadline was 31-07-2026 76 days late View
  • Caution: 2 loss-making years in a rowloss financial year 2024 -€72,871 View

By topic

Financials

Financial year
2024
Total assets
€183,866
Loss
-€72,871
Solvency
-47.6%
Total assets▼ 37.8%
Net result
20222024
Go to Financials

Timeline

Events
5
Since
2024
  1. 31-12-2024Weakest financial year
  2. 11-03-2024Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
General construction of residential buildingsNACE 41001
Founded
19-04-2022
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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