UGM GROUP LOGISTICS
A bankruptcy procedure is open for UGM GROUP LOGISTICS according to publications in the Belgian State Gazette. The 2024 annual accounts show equity of €87k and a net result of €24k.
| Equity | €87k |
| Net result | €24k |
| Better than sector | 48% |
| Active | 6 yrs |
Mixed profile: strong on profitability, weaker on stability.
All 5 axes are computed from data Checked has read.
Bankruptcy opened
A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.
The full score breakdown, per-year score history and the indicative credit limit are in Kantoor S.
See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 25.7% | 27.3% | |
| Net result | €24k | €5k | |
| Equity | €87k | €17k | |
| Gross operating margin | €402k | €28k | |
| Staff costs | €263k | €37k |
Show 11 other metrics
| Fiscal year | 2024 |
|---|---|
| Deposit | micro |
| Revenue | - |
| EBITDA | €76k |
| Net profit | €24k |
| Cash flow | €34k |
| Staff costs | €263k |
| Income taxes | €13k |
| Dividends | - |
| Total assets | €337k |
| Equity | €87k |
| Debt | €251k |
| of which ≤ 1y | €251k |
| of which > 1y | - |
| Working capital | €53k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 1.21 |
| Quick ratio | 1.21 |
| Working capital ratio | 15.7% |
| Solvency | 25.7% |
| Debt / equity | 2.89 |
| Long-term debt ratio | - |
| Interest coverage | 2.39 |
| Gross margin | - |
| Net margin | - |
| ROA | 7.1% |
| ROE | 27.8% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Full annual accounts (22 line items)
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €337k |
| Fixed assets | 21/28 | €34k |
| Tangible fixed assets | 22/27 | €15k |
| Financial fixed assets | 28 | €19k |
| Current assets | 29/58 | €304k |
| Amounts receivable within one year | 40/41 | €181k |
| Cash & bank | 54/58 | €1k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €337k |
| Equity | 10/15 | €87k |
| Contributions / capital | 10/11 | €18k |
| Accumulated profits (losses) | 14 | €69k |
| Amounts payable | 17/49 | €251k |
| Amounts payable within one year | 42/48 | €251k |
| Trade debts payable within one year | 44 | €57k |
| Income statement | ||
| Gross operating margin | 9900 | €402k |
| Operating result | 9901 | €66k |
| Financial income | 75 | €3k |
| Financial charges | 65 | €32k |
| Result before taxes | 9903 | €37k |
| Income taxes | 67/77 | €13k |
| Net result for the period | 9904 | €24k |
| Result to be appropriated | 9905 | €24k |
-
Current01-09-2025 → present
Former directors (2)
-
Former22-09-2020 → 01-09-2025
3 events
- 01-09-2025 Resigned· Director
- 27-07-2023 Appointed· Director
- 22-09-2020 Appointed· Director
-
Former- → 27-07-2023
2 events
- 27-07-2023 Resigned· Director
- 22-09-2020 Resigned· Director
| Role | Name | Tenure | Source |
|---|---|---|---|
| Curator | WIM BOLLEN STEENWEG OP SINT-JORIS-WINGE 21,
3200 AARSCHOT |
06-01-2026 → present | Belgian State Gazette |
| NACE primary | Goederenvervoer over de weg(49410) |
| Legal form | Private limited company(610) |
| Incorporation | 24-07-2020 |
| Status | Active |
| Postal code | - |
| First BS signal | 12-01-2026 |
| Latest BS signal | 12-01-2026 |
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.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22002C0073/00N009 | Flanders | 1.1 ha | 1 · 865 m² | 42.8 m · 14 fl. |
| 23016D0063/00W002 | Flanders | 300 m² | 1 · 299 m² | 12.6 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
We know of 5 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
24-11-2025 1 director appointed, 1 resigning
- BAIDAH AMMAR, Zaakvoerder
- UGUR MEHMET, Bestuurder
Technical details
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"effective_date": "2025-09-01",
"evidence_quote": "De benoeming tot de functie van gratis zaakvoerder (onbetaald) van de Dhr. BAIDAH AMMAR 01/09/2025."
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"discharge_granted": true
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}09-08-2023 1 director appointed, 1 resigning
- Mehmet Ugur, Bestuurder
- Sahin Ugur, Bestuurder
Technical details
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"effective_date": "2023-07-27",
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}07-08-2023 Transaction in capital or shares
Technical details
{
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"effective_date": "2023-07-27",
"evidence_quote": "De algemene vergadering aanvaardt de overdracht van de totaliteit van de aandelen (100) van de Heer Ugur Mehmet aan de Heer Ugur Sahin, en dat vanaf heden 27 juli 2023.",
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}05-10-2020 1 director appointed, 1 resigning
- UGUR Mehmet, Bestuurder
- UGUR Sahin, Bestuurder
Technical details
{
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"effective_date": "2020-09-22",
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"discharge_granted": true
},
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"effective_date": "2020-09-22",
"evidence_quote": "De vergadering aanvaardt de benoeming van de heer UGUR Mehmet, wonende te 1030 Schaerbeek, rue Vifquin 24/ ET01, als bestuurder, vanaf heden."
}
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}28-07-2020 Incorporation of a new BV
Technical details
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"founders": [
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"niss": null,
"address": "1800 Vilvoorde, Leuvensestraat, 55, bus 1"
},
"share_class": "naam",
"partner_role": null,
"holder_org_kbo": null,
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"contribution_type": "cash",
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"n_shares_subscribed": 100,
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}
],
"capital_eur": 18000.0,
"subject_company": {
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"initial_directors": [],
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"post_incorporation_mandates": []
}| Legal nameNL | UGM GROUP LOGISTICS |