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UGV CONSTRUCT

Active
Private limited companyfounded 20233 yrs activeKoning Albert I Laan 31, 1780 Wemmel, BelgiumKBO/BCE: BE 0798.183.702
Summary

The computed 12-month bankruptcy probability of UGV CONSTRUCT is 2.8% (moderate). The 2025 annual accounts show equity of €23,232 and a net result of €12,468. Its solvency ranks better than 59% of 1222 sector peers (fiscal year 2025). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Score 2025
Axes · tick = 2024
Profitability100▲+20
Solvency74▲+16
Growth78
Track record94
Bankruptcy probability, 12 months
2.8% Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 1.71 against 1.13 in 2024; short-term debt: 51.1% and cash: 9.6% of total assets), but 51.1% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 3 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 81
Relative position
BE, all sectors
reference
Services to buildings and landscape activities (NACE 81)
about 79% 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 2025
Solvency, return and age of the figures
Solvency
48.9%
Return on assets
26.3%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-01-2025 was due by 31-08-2025 and was filed on 12-09-2025, 12 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2026
not confirmed
2025
12 d late
2024
40 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 26 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

UGV CONSTRUCT was incorporated on 7 February 2023 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, abbreviated schema

Turnover
€301,552
EBIT margin
4.2%
Net result
€12,468▲ 27.7%
2024 · €9,764
Working capital
€17,095▲ 529%
2024 · €2,716
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
Line20242025
Turnover€301,552-
Operating result€12,709-€16,203▲ 27.5%
Net result€9,764-€12,468▲ 27.7%
EBIT margin4.2%-
Equity€10,764-€23,232▲ 116%
Total assets€32,397-€47,476▲ 46.5%
Debt€21,633-€24,245▲ 12.1%
Working capital€2,716-€17,095▲ 529%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
€0€5,000€10,000€15,000Operating result 2024: €12,709€12,709Net result 2024: €9,764€9,764Operating result 2025: €16,203€16,203Net result 2025: €12,468€12,46820242025€0€5,000€10,000€15,000Operating result 2024: €12,709€12,700Net result 2024: €9,764€9,760Operating result 2025: €16,203€16,200Net result 2025: €12,468€12,50020242025
The operating result rises in 2025; 2025 is 27% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €47,476
Fixed assets €6,136 ▼ 23.8%
Current assets €41,340 ▲ 69.8%
Equity and liabilities €47,476
Equity €23,232 ▲ 116%
Debt €24,245 ▲ 12.1%
Debt's share of the balance-sheet total falls from 66.8% to 51.1%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€19,544▲
2024 · €15,505
Cash flow
€15,808▲
2024 · €12,560
Current ratio
1.71▲
2024 · 1.13
Debt to equity
1.04▼
2024 · 2.01
ROE
53.7%▼
2024 · 90.7%
ROA
26.3%▼
2024 · 30.1%
Interest coverage
45.62▼
2024 · 58.15
Debt ≤ 1 year
€24,245▲
2024 · €21,633
Income taxes
€3,307▲
2024 · €2,711
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 39,275 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 96% are still going.

  • Micro
  • 2 to 5 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
2.2% stopped otherwise
96% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 2.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,058 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.6%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% 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 39,275 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€32,397€47,476▲
Fixed assets21/28€8,048€6,136▼
Tangible fixed assets22/27€8,048€6,136▼
Furniture and vehicles24€8,048€6,136▼
Current assets29/58€24,349€41,340▲
Amounts receivable within one year40/41€18,696€36,801▲
Trade receivables40€15,652€34,880▲
Other amounts receivable41€3,044€1,921▼
Cash at bank and in hand54/58€5,654€4,539▼
Equity and liabilities
Total equity and liabilities10/49€32,397€47,476▲
Equity10/15€10,764€23,232▲
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€9,764€22,232▲
Amounts payable17/49€21,633€24,245▲
Amounts payable within one year42/48€21,633€24,245▲
Trade debts44€12,723€937▼
Suppliers440/4€5,202€937▼
Bills of exchange payable441€7,520-
Taxes, remuneration and social security45€8,911€23,307▲
Taxes450/3€2,711€3,307▲
Remuneration and social security454/9€6,200€20,000▲
Income statement Code20242025
Turnover70€301,552-
Goods, raw materials, services and sundry goods60/61€285,442-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,796€3,340▲
Other operating charges640/8€605€681▲
Gross operating margin9900€16,110€20,225▲
Operating profit (loss)9901€12,709€16,203▲
Financial income75/76B€32-
Recurring financial income75€32-
Financial charges65/66B€267€428▲
Recurring financial charges65€267€428▲
Profit (loss) for the period before taxes9903€12,474€15,775▲
Income taxes67/77€2,711€3,307▲
Profit (loss) for the period9904€9,764€12,468▲
Profit (loss) for the period to be appropriated9905€9,764€12,468▲
Appropriation of the result
Profit (loss) to be appropriated9906€9,764€22,232▲
Profit (loss) brought forward from the previous period14P-€9,764

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20242025Change
Turnover70€301,552--
Goods, raw materials, services and sundry goods60/61€285,442--
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,796€3,340▲ 19.5%
Other operating charges640/8€605€681▲ 12.7%
Gross operating margin9900€16,110€20,225▲ 25.5%
Operating profit (loss)9901€12,709€16,203▲ 27.5%
Financial income75/76B€32--
Recurring financial income75€32--
Financial charges65/66B€267€428▲ 60.7%
Recurring financial charges65€267€428▲ 60.7%
Profit (loss) for the period before taxes9903€12,474€15,775▲ 26.5%
Income taxes67/77€2,711€3,307▲ 22.0%
Profit (loss) for the period9904€9,764€12,468▲ 27.7%
Profit (loss) for the period to be appropriated9905€9,764€12,468▲ 27.7%
Line20242025Change
Assets
Total assets20/58€32,397€47,476▲ 46.5%
Fixed assets21/28€8,048€6,136▼ 23.8%
Tangible fixed assets22/27€8,048€6,136▼ 23.8%
Furniture and vehicles24€8,048€6,136▼ 23.8%
Current assets29/58€24,349€41,340▲ 69.8%
Amounts receivable within one year40/41€18,696€36,801▲ 96.8%
Trade receivables40€15,652€34,880▲ 123%
Other amounts receivable41€3,044€1,921▼ 36.9%
Cash at bank and in hand54/58€5,654€4,539▼ 19.7%
Equity and liabilities
Total equity and liabilities10/49€32,397€47,476▲ 46.5%
Equity10/15€10,764€23,232▲ 116%
Contributions10/11€1,000€1,000=
Profit (loss) carried forward14€9,764€22,232▲ 128%
Amounts payable17/49€21,633€24,245▲ 12.1%
Amounts payable within one year42/48€21,633€24,245▲ 12.1%
Trade debts44€12,723€937▼ 92.6%
Suppliers440/4€5,202€937▼ 82.0%
Bills of exchange payable441€7,520--
Taxes, remuneration and social security45€8,911€23,307▲ 162%
Taxes450/3€2,711€3,307▲ 22.0%
Remuneration and social security454/9€6,200€20,000▲ 223%
Line20242025Change
Profit (loss) for the period9904€9,764€12,468▲ 27.7%
+ Depreciation and write-downs630€2,796€3,340▲ 19.5%
Operating cash flow (approximation)€12,560€15,808▲ 25.9%
Investment in fixed assets (approximation)--€1,429-
Change in cash--€1,115-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
12-09
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema · 12 days late
2024
10-10
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 40 days late
NBB filing
0 of 2 acts read
About the unread acts

We know of 2 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
2 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, Wemmel · 1 establishment unit since 2023
seat establishment The establishment unit on the map
Ground area
258 m²
Building footprint
115 m²
Volume, LiDAR
1,347 m³
Parcel 22662B0379/00E002, Flanders · tallest building 16.0 m, ±4 floors. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
UGV CONSTRUCT
Koning Albert I Laan 31, 1780 WemmelManufacture of wood and of products of wood and cork, except furniture; manufacture of articles of straw and plaiting materials
since 20232.343.053.410
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
22662B0379/00E002 Flanders 258 m² 1 · 114 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.

Similar companies · same sector, comparable size

Of 6,996 companies in sector 81220 we hold annual accounts for 2,414. 1,849 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
Founded07-02-2023
Fiscal year end31-01
Activities, NACEBEL 2025
81220Other building cleaning and industrial cleaning
43230Insulation installation
43350Other building finishing work
E-invoicing
Reachable via Peppol
Peppol ID 0208:0798183702
Also 9925:BE0798183702

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.