Checked.be
Active
BE 1008.630.348Public limited company
UKKO ENERGY
Rue Lambert-Lombard 3 ·4000 Liège, Belgium· 2 yrs active
Sector: Production of electricity from non-renewable sources
(35110)
Conclusion
UKKO ENERGY has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.94M and a net result of €-555k. Its solvency ranks better than 95% of 32 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Based on the State Gazette, CBE and 1 annual account.
Key figures
| Equity | €1.94M |
| Net result | €-555k |
| Staff (FTE) | 0.1 |
| Better than sector | 95% |
Financial profile
56
/ 100
Mixed profile: strong on solvency, weaker on profitability.
Computed on 4 of 5 axes. Not measured: growth. An unmeasured axis is not a zero: no data was read for it.
Health
55
Profitability
0
Solvency
100
Growth
-
Stability
67
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Young company
Founded in 2024, under 3 years, statistically higher risk.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
55
/ 100
Fair
Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€110k
estimate, not credit advice
Score components
Liquidity
Current ratio 4.04 (≥ 1.5)
+10
Quick ratio
Quick ratio 4.04 (≥ 1.0)
+5
Leverage
Debt/equity 0.14 (< 1.0)
+10
Profitability
Negatieve ROE -29%
-10
Interest coverage
Interest coverage -505.4× (< 1.5×)
-10
Computed by Checked from the NBB filing for FY 2025. Indicative, not credit advice.
Financial overview
Annual accounts filed on 14-07-2026 with the NBB · fiscal year 2025 · full schema
Sector comparison
Fiscal year 2025 · NACE 35, Electricity, gas, steam and air conditioning supply · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 87.6% | 25.5% | |
| Net result | €-555k | €82k | |
| Equity | €1.94M | €3.42M | |
| Total assets | €2.22M | €16.41M |
Figures by fiscal year and ratios
| Fiscal year | 2025 |
|---|---|
| Deposit | full schema |
| Revenue | - |
| EBITDA | €-427k |
| Net profit | €-555k |
| Cash flow | €-428k |
| Staff costs | €12k |
| Income taxes | - |
| Dividends | - |
| Total assets | €2.22M |
| Equity | €1.94M |
| Debt | €276k |
| of which ≤ 1y | €212k |
| of which > 1y | - |
| Working capital | €646k |
| Employees (FTE) | 0.1 |
Ratios (computed)
| 2025 | |
|---|---|
| Current ratio | 4.04 |
| Quick ratio | 4.04 |
| Working capital ratio | 29.1% |
| Solvency | 87.6% |
| Debt / equity | 0.14 |
| Long-term debt ratio | - |
| Interest coverage | -505.42 |
| Gross margin | - |
| Net margin | - |
| ROA | -25.0% |
| ROE | -28.6% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2025
Full annual accounts (22 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2025 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €2.22M |
| Fixed assets | 21/28 | €1.36M |
| Formation expenses | 20 | €3k |
| Intangible fixed assets | 21 | €1.19M |
| Financial fixed assets | 28 | €174k |
| Current assets | 29/58 | €858k |
| Amounts receivable within one year | 40/41 | €83k |
| Cash & bank | 54/58 | €691k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €2.22M |
| Equity | 10/15 | €1.94M |
| Contributions / capital | 10/11 | €2.50M |
| Accumulated profits (losses) | 14 | €-555k |
| Amounts payable | 17/49 | €276k |
| Amounts payable within one year | 42/48 | €212k |
| Trade debts payable within one year | 44 | €212k |
| Income statement | ||
| Gross operating margin | 9900 | €-374k |
| Operating result | 9901 | €-555k |
| Financial income | 75 | €22 |
| Financial charges | 65 | €845 |
| Result before taxes | 9903 | €-555k |
| Net result for the period | 9904 | €-555k |
| Result to be appropriated | 9905 | €-555k |
Legal Structure
| NACE primary | Production of electricity from non-renewable sources(35110) |
| Legal form | Public limited company(014) |
| Incorporation | 22-04-2024 |
| Status | Active |
| Postal code | 4000 |
Establishment units
UKKO ENERGY
since 20242.359.638.331
Updates
2026
14-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
NBB filing
Belgian State Gazette reading coverage
We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Production of electricity from non-renewable sources35110Electricity, gas, steam and air conditioning supply35140Electricity, gas, steam and air conditioning supply35120
Names & trade names
| Legal nameFR | UKKO ENERGY |
Similar companies
GARDEC-S.D.S.
BE 0424.632.940 · Brugge
ARDO ENERGY BELGIUM
BE 0734.476.278 · Gent
ATOUT-WAL
BE 0544.871.269 · Houyet
WAL-VENT
BE 0544.874.041 · Liège
Nosse Moulin
BE 0839.778.488 · Gembloux