UGOLPHI
ActiveSummary
UGOLPHI has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-13k) and a net result of €-16k. Equity is growing by ~22.5% per year across the filed fiscal years. Its solvency ranks better than 12% of 10407 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.2% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability22▼-31
Solvency20▼-6
Growth78=
Track record100
Bankruptcy probability, 12 months
1.2%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.71 against 0.91 in 2024; short-term debt: 89.4% and cash: 4.7% of total assets), and equity is negative.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-4.9%
Return on assets
-6.4%
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 dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-13k
neutral · A punctual record breaks
This company filed 3 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
7 d early
2023
7 d early
2022
38 d early
2021
26 d late
2020
3 d early
2019
84 d late
← before the deadline
after the deadline →
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.
Companies Code · seven monthsPosition in the running window
26-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed Is the workforce growing, and do people stay?Employer check
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Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-16k
2024 · €3k
Working capital
€-66k▼ 203%
2024 · €-22k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€9k▼ 71.5%€9k▼ 5.9%€63k▲ 615%€13k▼ 79.2%€-4k
Net result€5k▼ 83.3%€2k▼ 52.9%€52k▲ 2,316%€3k▼ 94.2%€-16k
Equity€-53k▲ 7.9%€-51k▲ 4.0%€918€4k▲ 327%€-13k
Total assets€238k▲ 9.4%€233k▼ 2.2%€269k▲ 15.5%€275k▲ 2.3%€256k▼ 7.0%
Debt€291k▲ 5.8%€283k▼ 2.6%€268k▼ 5.5%€271k▲ 1.2%€268k▼ 1.0%
Working capital€-121k▼ 21.8%€-108k▲ 10.3%€-40k▲ 63.2%€-22k▲ 45.2%€-66k▼ 203%
Staff (FTE)8.1▼ 9.0%9.1▲ 12.3%7.4▼ 18.7%7.6▲ 2.7%8.7▲ 14.5%
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €4k after €13k in 2024, the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €256k
Fixed assets
€93k ▲ 77.1%
Current assets
€162k ▼ 27.0%
Key figures and ratios
EBITDA
€19k▼
2024 · €41k
Cash flow
€6k▼
2024 · €31k
Solvency
-4.9%▼
2024 · 1.4%
Current ratio
0.71▼
2024 · 0.91
Quick ratio
0.23▼
2024 · 0.41
Debt to equity
-21.38▼
2024 · 69.17
ROA
-6.4%▼
2024 · 1.1%
Interest coverage
1.41▼
2024 · 3.95
Debt ≤ 1 year
€229k▼
2024 · €244k
Debt > 1 year
€37k▲
2024 · €25k
Staff costs
€221k▲
2024 · €196k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €152k | €159k | €176k | €196k | €221k | ▲ 13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €20k | €26k | €27k | €28k | €22k | ▼ 21.0% |
| Other operating charges640/8 | €2k | €4k | €8k | €13k | €15k | ▲ 8.9% |
| Gross operating margin9900 | €184k | €198k | €274k | €250k | €255k | ▲ 1.8% |
| Operating profit (loss)9901 | €9k | €9k | €63k | €13k | €-4k | ▼ 127% |
| Financial income75/76B | €535 | €949 | €439 | €457 | €229 | ▼ 49.9% |
| Recurring financial income75 | €535 | €949 | €439 | €457 | €229 | ▼ 49.9% |
| Financial charges65/66B | €5k | €8k | €12k | €10k | €13k | ▲ 26.6% |
| Recurring financial charges65 | €5k | €8k | €12k | €10k | €13k | ▲ 26.6% |
| Profit (loss) for the period before taxes9903 | €5k | €2k | €52k | €3k | €-16k | ▼ 631% |
| Income taxes67/77 | €-4 | - | €29 | €98 | - | - |
| Profit (loss) for the period9904 | €5k | €2k | €52k | €3k | €-16k | ▼ 649% |
| Profit (loss) for the period to be appropriated9905 | €5k | €2k | €52k | €3k | €-16k | ▼ 649% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €238k | €233k | €269k | €275k | €256k | ▼ 7.0% |
| Fixed assets21/28 | €120k | €100k | €74k | €53k | €93k | ▲ 77.1% |
| Tangible fixed assets22/27 | €117k | €96k | €71k | €49k | €90k | ▲ 82.9% |
| Plant, machinery and equipment23 | €61k | €51k | €37k | €28k | €50k | ▲ 77.9% |
| Furniture and vehicles24 | - | - | €453 | €794 | €685 | ▼ 13.7% |
| Other tangible fixed assets26 | €56k | €45k | €33k | €20k | €39k | ▲ 93.5% |
| Financial fixed assets28 | €4k | €4k | €4k | €4k | €4k | = |
| Current assets29/58 | €118k | €133k | €194k | €222k | €162k | ▼ 27.0% |
| Stocks and contracts in progress3 | €92k | €105k | €99k | €123k | €111k | ▼ 9.7% |
| Stocks30/36 | €92k | €105k | €99k | €123k | €111k | ▼ 9.7% |
| Amounts receivable within one year40/41 | €618 | €2k | €24k | €43k | €34k | ▼ 20.4% |
| Trade receivables40 | €618 | €1k | €24k | €29k | €25k | ▼ 14.0% |
| Other amounts receivable41 | - | €1k | - | €14k | €9k | ▼ 33.7% |
| Current investments50/53 | €4k | €5k | €6k | €7k | €917 | ▼ 87.4% |
| Cash at bank and in hand54/58 | €21k | €19k | €64k | €45k | €12k | ▼ 73.0% |
| Deferred charges and accrued income490/1 | €789 | €2k | €1k | €4k | €4k | ▼ 5.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €238k | €233k | €269k | €275k | €256k | ▼ 7.0% |
| Equity10/15 | €-53k | €-51k | €918 | €4k | €-13k | ▼ 420% |
| Contributions10/11 | €6k | €6k | €6k | €6k | €6k | = |
| Reserves13 | €50 | €50 | €50 | €50 | €50 | = |
| Non-distributable reserves130/1 | €50 | €50 | €50 | - | - | - |
| Reserves not available under the articles1311 | €50 | €50 | €50 | - | - | - |
| Distributable reserves133 | - | - | - | €50 | €50 | = |
| Profit (loss) carried forward14 | €-59k | €-57k | €-5k | €-2k | €-19k | ▼ 706% |
| Amounts payable17/49 | €291k | €283k | €268k | €271k | €268k | ▼ 1.0% |
| Amounts payable after more than one year17 | €52k | €42k | €34k | €25k | €37k | ▲ 47.7% |
| Financial debts170/4 | €52k | €42k | €34k | €25k | €37k | ▲ 47.7% |
| Amounts payable within one year42/48 | €238k | €241k | €234k | €244k | €229k | ▼ 6.3% |
| Current portion of amounts payable after more than one year42 | €39k | €12k | €8k | €9k | €12k | ▲ 44.2% |
| Financial debts43 | - | - | - | €6k | €13k | ▲ 118% |
| Credit institutions430/8 | - | - | - | €6k | €13k | ▲ 118% |
| Trade debts44 | €123k | €149k | €154k | €208k | €178k | ▼ 14.5% |
| Suppliers440/4 | €123k | €149k | €154k | €208k | €178k | ▼ 14.5% |
| Taxes, remuneration and social security45 | €16k | €20k | €21k | €21k | €23k | ▲ 7.8% |
| Taxes450/3 | €3k | €2k | €301 | €2k | €41 | ▼ 98.2% |
| Remuneration and social security454/9 | €13k | €18k | €21k | €19k | €23k | ▲ 20.6% |
| Other amounts payable47/48 | €60k | €60k | €50k | - | €2k | - |
| Accrued charges and deferred income492/3 | - | €111 | - | €2k | €3k | ▲ 37.6% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €5k | €2k | €52k | €3k | €-16k | ▼ 649% |
| + Depreciation and write-downs630 | €20k | €26k | €27k | €28k | €22k | ▼ 21.0% |
| Operating cash flow (approximation) | €25k | €28k | €78k | €31k | €6k | ▼ 81.7% |
| Investment in fixed assets (approximation) | - | €-6k | €-1k | €-6k | €-63k | ▼ 903% |
| Change in cash | - | €-2k | €46k | €-20k | €-33k | ▼ 64.7% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 28 days late
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
24-07
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2018net €52k ▲2,316%
Operating result €63k, net result €52k, both a record.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
26-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 26 days late
2021
28-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Back to profitnet €27k
Net result €27k after 2 loss-making years.
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 84 days late
2019
23-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
26-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
24-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 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, Namur · 1 establishment unit since 2015
Ground area
356 m²
Building footprint
101 m²
Volume, LiDAR
1,160 m³
Parcel 92094C0602/00H000, Wallonia · tallest building 16.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
LOUIS DELHAIZE
since 20152.239.552.727
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 92094C0602/00H000 | Wallonia | 356 m² | 1 · 101 m² | 16.0 m · 4 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
1 siteNamur2.239.552.727
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Of 10,506 companies in sector 47110 we hold annual accounts for 5,849. 2,263 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
Founded02-02-2015
Fiscal year end31-12
Activities, NACEBEL 2025
47110Non-specialised retail sale with food, beverages or tobacco predominating
Scores and ratios are computed by Checked and are not a credit decision.