Equity
Equity fell by 45% in 1 year.
Equity fell by 45% in 1 year.
From profit to loss in 2025, after a profit of €63,425 in 2024.
Green is investment, beige is depreciation.
The 2024 accounts came latest: 201 days after the end of the period.
Board changed. Latest change 01-04-2026 · 1 in office.
Lower net result than 95% of companies in specialised construction. Sector median €10,184 · 35,124 companies.
The dashed line is the sector median: 0.7% across 47,693 companies (NACE 43, micro).
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
The band follows from the bankruptcy probability. 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 43, micro). It does better than 42% of them on solvency, 29% on liquidity, 4% on profitability and 10% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 30-09-2025.
Of the companies with a bankruptcy probability in the elevated class on 30-06-2025, 6.3% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
In July 2024, 3,591 companies had the same profile as UKA CONSTRUCT has now. Each dot stands for 9 companies, two years later.
Another 0.3% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of UKA CONSTRUCT itself is higher: 5.1% within 12 months. It rests on far more data about UKA CONSTRUCT than the profile alone.
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| 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% | 0.9% |
| 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% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,591 companies, not a prediction for UKA CONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Liquidity is ample, with a current ratio of 1.66 (2.19 in 2024), above the usual 1.5. Short-term debt is 59% and cash 16.7% of total assets. However, 60.7% of the assets are financed with debt and provisions.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
The company filed its last 5 accounts on average 18 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
| Company | ||||
|---|---|---|---|---|
| UKA CONSTRUCT Berchem-Sainte-Agathe | €111,854 | -€22,598 | 39.3% | - |
| FBALESTE Etterbeek | €100,536 | -€1,092 | 47.0% | - |
| ATO RENOVATION Sint-Gillis (bij-Brussel) | €102,280 | -€10,356 | 39.3% | - |
| MOON IMMO Schaerbeek | €123,394 | -€599,324 | -446.3% | - |
| GRAMA GROUP Jette | €133,644 | -€566 | -8.5% | - |
| ZANDECO CONSTRUCT Molenbeek-Saint-Jean | €132,734 | -€44,224 | 71.4% | - |
| AD HOC CONSTRUCT Linkebeek | €119,278 | -€186,041 | -141.1% | - |
These companies have the same main activity as UKA CONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €101,000 and €134,000, founded between 2019 and 2021.
UKA CONSTRUCT files the micro format. That format states no turnover. The gross margin fell from €63,740 in 2021 to -€22,598 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 42% of 35,136 companies in 2025.
Higher than 45% of 34,510 companies in 2025.
Lower than 95% of 34,711 companies in 2025.
Net result: bottom quarter · Equity: middle half · Balance sheet total: middle half · Working capital: middle half
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
111,854 | 147,154 | 176,993 | 180,749 | 129,454 | |
21/28 |
2,201 | 1,076 | 2,125 | - | - | |
22/27 |
2,201 | 1,076 | 2,125 | - | - | |
24 |
2,201 | 1,076 | 2,125 | - | - | |
29/58 |
109,653 | 146,078 | 174,868 | 180,749 | 129,454 | |
40/41 |
90,993 | 95,783 | 151,346 | 154,265 | 122,056 | |
40 |
5,867 | 16,503 | 69,738 | 82,782 | 73,571 | |
41 |
85,126 | 79,280 | 81,608 | 71,483 | 48,486 | |
54/58 |
18,660 | 50,295 | 23,522 | 26,483 | 7,397 | |
490/1 |
0 | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
111,854 | 147,154 | 176,993 | 180,749 | 129,454 | |
10/15 |
43,998 | 80,375 | 16,950 | 49,686 | 26,863 | |
10/11 |
2,000 | 2,000 | 2,000 | 2,000 | 2,000 | |
14 |
41,998 | 78,375 | 14,950 | 47,686 | 24,863 | |
17/49 |
67,856 | 66,778 | 160,043 | 131,063 | 102,591 | |
42/48 |
65,990 | 66,778 | 160,043 | 131,063 | 102,591 | |
44 |
- | 788 | 68,749 | 81,444 | 58,590 | |
440/4 |
0 | 788 | 1,455 | - | 599 | |
441 |
- | - | 67,294 | 81,444 | 57,991 | |
45 |
30,990 | 30,990 | 56,294 | 24,619 | 24,001 | |
450/3 |
30,990 | 30,990 | 19,916 | 5,767 | 6,351 | |
454/9 |
- | - | 36,378 | 18,852 | 17,650 | |
47/48 |
35,000 | 35,000 | 35,000 | 25,000 | 20,000 | |
492/3 |
1,866 | - | - | - | - | |
| Income statement | ||||||
70 |
- | - | 459,122 | 374,663 | 426,272 | |
9900 |
-22,598 | 89,722 | 36,430 | 63,743 | 63,740 | |
60/61 |
- | - | 422,692 | 310,920 | 362,532 | |
630 |
1,295 | 1,049 | 875 | - | - | |
640/8 |
1,348 | 960 | 2,000 | 495 | 966 | |
9901 |
-25,241 | 87,713 | 33,554 | 63,248 | 62,774 | |
75/76B |
3 | 3,968 | - | - | - | |
75 |
3 | 3,968 | - | - | - | |
65/66B |
11,139 | 12,265 | 11,374 | 9,658 | 11,560 | |
65 |
11,139 | 12,265 | 11,374 | 9,658 | 11,560 | |
9903 |
-36,377 | 79,415 | 22,180 | 53,590 | 51,213 | |
67/77 |
- | 15,990 | 4,916 | 5,767 | 6,351 | |
9904 |
-36,377 | 63,425 | 17,264 | 47,823 | 44,863 | |
9905 |
-36,377 | 63,425 | 17,264 | 47,823 | 44,863 | |
| Appropriation of the result | ||||||
9906 |
41,998 | 78,375 | 64,950 | 72,686 | 44,863 | |
14P |
78,375 | 14,950 | 47,686 | 24,863 | - | |
694/7 |
- | - | 50,000 | 25,000 | 20,000 | |
694 |
- | - | 50,000 | - | - | |
695 |
- | - | - | 25,000 | 20,000 | |
| Document | ||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 10-01-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 10-01-2026 | 2026-00005361 | |
| 30-09-2024 | micro format | 17-11-2025 | 2025-00567039 | |
| 30-09-2023 | micro format | 28-04-2024 | 2024-00077362 | |
| 30-09-2022 | micro format | 28-04-2023 | 2023-00077664 | |
| 30-09-2021 | micro format | 02-05-2022 | 2022-20018676 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| -23,946 | 88,762 | 34,429 | - | - | ||
| -35,082 | 64,474 | 18,139 | - | - | ||
| 2,420 | 0 | 3,000 | - | - | ||
| -31,634 | 26,773 | -2,961 | 19,086 | - | ||
| 43,663 | 79,300 | 14,825 | 49,686 | 26,863 | ||
| - | - | 7.3% | 16.9% | 14.7% | ||
| 39.3% | 54.6% | 9.6% | 27.5% | 20.8% | ||
| 1.66 | 2.19 | 1.09 | 1.38 | 1.26 | ||
| 1.54 | 0.83 | 9.44 | 2.64 | 3.82 | ||
| -82.7% | 78.9% | 101.9% | 96.3% | 167.0% | ||
| -32.5% | 43.1% | 9.8% | 26.5% | 34.7% | ||
| -2.15 | 7.24 | 3.03 | - | - | ||
| - | - | 55 days | 81 days | 63 days | ||
| - | - | 59 days | 96 days | 59 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-09-2025 | 30-09-2024 | 30-09-2023 | 30-09-2022 | 30-09-2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €2,420 | €0 | €3,000 | - | - |
| €1,295 | €1,049 | €875 | - | - |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €25,241, after a profit of €87,713 in 2024. It is the lowest result since 2021.
Debt's share of the balance-sheet total rises from 45.4% to 60.7%. Equity is lower and debt is higher.
UKA CONSTRUCT has no parent and no holdings in its annual accounts. GHEORGHE Mircea is the only director. UKA CONSTRUCT shares no director with another company.
| LE DAVIS
registered office since 30-03-1984 · founded in 1984 |
8 FTE (2025) 0425.582.451 |
| GK Clean
registered office since 16-06-2020 · founded in 2020 |
18 FTE (2025) 0748.613.732 |
| CATERING'S IN TOWN
registered office since 01-10-2019 · founded in 2019 |
total assets €11,311 (2020) 0735.531.994 |
| Noël, Carine (sole trader)
establishment since 04-05-2020 |
founded in 2020 0745.414.712 |
| Parewyck, Stephane (sole trader)
establishment since 20-01-1992 |
founded in 1992 0542.211.489 |
Deadline for the 2026 accounts: 30-04-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
UKA CONSTRUCT was incorporated on 7 July 2020 as a private limited company by four natural persons, with a starting capital of €5,000.12 The registered office moved to Ixelles in 2026 and to Berchem-Sainte-Agathe in 2026.34 GHEORGHE Mircea is director of the company, appointed by deed of 02-06-2026.4 Turnover went from €426,272 in 2021 to €459,122 in 2023.5
| Establishment | Since | Unit number |
|---|---|---|
| Klein Berchemstraat 38 registered office 1082 Berchem-Sainte-Agathe 42911 Civil engineering | 07-07-2020 | 2.306.501.038 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 21342B0171/00N000 | 1,928 m² | 1 · 624 m² | 23.7 m · 7 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0749.927.487
If something looks wrong or is missing, please tell us.