UrbTech
ActiveSummary
UrbTech has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €55,207 and a net result of -€6,928. Equity is growing by ~26.4% per year across the filed fiscal years. Its solvency ranks better than 64% of 20783 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability57▼-33
Solvency99▼-1
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 3.17 against 3.09 in 2023; short-term debt: 26.3% and cash: 23% of total assets), and 26.3% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer 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 2024Solvency, return and age of the figures
Solvency
73.7%
Return on assets
-9.2%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 01-07-2025, 30 days ahead of the deadline.
NBB · 7 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
54 d early
2022
6 d early
2021
26 d late
2020
59 d late
2019
4 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 2 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
Equity
€55,207▼ 11.2%
2023 · €62,135
Total assets
€74,938▼ 5.9%
2023 · €79,644
Net result
-€6,928
2023 · €13,349
Working capital
€42,824▲ 17.6%
2023 · €36,427
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
Line20202021202220232024
Operating result€18,147▲ 144%€26,821▲ 47.8%€8,905▼ 66.8%€19,498▲ 119%-€6,527
Net result€12,795▲ 145%€19,497▲ 52.4%€6,817▼ 65.0%€13,349▲ 95.8%-€6,928
Equity€22,473▲ 132%€41,970▲ 86.8%€48,787▲ 16.2%€62,135▲ 27.4%€55,207▼ 11.2%
Total assets€80,253▲ 403%€92,679▲ 15.5%€80,653▼ 13.0%€79,644▼ 1.3%€74,938▼ 5.9%
Debt€57,780▲ 822%€50,709▼ 12.2%€31,867▼ 37.2%€17,509▼ 45.1%€19,731▲ 12.7%
Working capital€14,330▲ 48.1%€17,911▲ 25.0%€20,601▲ 15.0%€36,427▲ 76.8%€42,824▲ 17.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €6,527 after €19,498 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €74,938
Fixed assets
€12,383 ▼ 52.0%
Current assets
€62,555 ▲ 16.2%
Equity and liabilities €74,938
Equity
€55,207 ▼ 11.2%
Debt
€19,731 ▲ 12.7%
Debt's share of the balance-sheet total rises from 22.0% to 26.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€6,282▼
2023 · €33,359
Cash flow
€5,880▼
2023 · €27,209
Current ratio
3.17▲
2023 · 3.09
Debt to equity
0.36▲
2023 · 0.28
ROE
-12.5%▼
2023 · 21.5%
ROA
-9.2%▼
2023 · 16.8%
Interest coverage
51.34▼
2023 · 118.21
Debt ≤ 1 year
€19,731▲
2023 · €17,396
Income taxes
€280▼
2023 · €5,888
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 3,440 companies that looked in July 2024 the way this one looks now, 2.1% went bankrupt within 24 months and 90% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a small loss
2.1%
went bankrupt
7.4%
stopped otherwise
90%
still going
A further 0.7% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a lower bankruptcy probability: 0.3% 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%.
| 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 3,440 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,941 | €11,827 | €12,854 | €13,860 | €12,809 | ▼ 7.6% |
| Other operating charges640/8 | - | €558 | €601 | €5,412 | €845 | ▼ 84.4% |
| Non-recurring operating charges66A | - | - | - | - | €5,397 | - |
| Gross operating margin9900 | €23,907 | €39,205 | €22,361 | €38,770 | €12,524 | ▼ 67.7% |
| Operating profit (loss)9901 | €18,147 | €26,821 | €8,905 | €19,498 | -€6,527 | ▼ 133% |
| Financial income75/76B | - | - | - | €21 | €1 | ▼ 97.2% |
| Recurring financial income75 | €0 | - | - | €21 | €1 | ▼ 97.2% |
| Financial charges65/66B | - | €1,961 | €468 | €282 | €122 | ▼ 56.6% |
| Recurring financial charges65 | €672 | €1,961 | €468 | €282 | €122 | ▼ 56.6% |
| Profit (loss) for the period before taxes9903 | €17,476 | €24,860 | €8,437 | €19,237 | -€6,648 | ▼ 135% |
| Income taxes67/77 | €4,681 | €5,363 | €1,620 | €5,888 | €280 | ▼ 95.2% |
| Profit (loss) for the period9904 | €12,795 | €19,497 | €6,817 | €13,349 | -€6,928 | ▼ 152% |
| Profit (loss) for the period to be appropriated9905 | €12,795 | €19,497 | €6,817 | €13,349 | -€6,928 | ▼ 152% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €80,253 | €92,679 | €80,653 | €79,644 | €74,938 | ▼ 5.9% |
| Fixed assets21/28 | €53,982 | €45,162 | €36,681 | €25,821 | €12,383 | ▼ 52.0% |
| Tangible fixed assets22/27 | €53,982 | €45,162 | €36,681 | €25,821 | €12,383 | ▼ 52.0% |
| Plant, machinery and equipment23 | - | - | €466 | €367 | €269 | ▼ 26.8% |
| Furniture and vehicles24 | - | €45,162 | €36,215 | €25,453 | €12,114 | ▼ 52.4% |
| Current assets29/58 | €26,271 | €47,517 | €43,972 | €53,824 | €62,555 | ▲ 16.2% |
| Amounts receivable within one year40/41 | €18,930 | €14,336 | €19,327 | €11,583 | €10,293 | ▼ 11.1% |
| Trade receivables40 | - | €14,336 | €15,191 | €5,567 | €10,293 | ▲ 84.9% |
| Other amounts receivable41 | - | - | €4,136 | €6,016 | - | - |
| Current investments50/53 | - | - | €3,500 | €3,500 | €3,500 | = |
| Cash at bank and in hand54/58 | €7,341 | €32,044 | €19,231 | €36,313 | €17,249 | ▼ 52.5% |
| Deferred charges and accrued income490/1 | - | €1,137 | €1,914 | €2,427 | €31,513 | ▲ 1,198% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €80,253 | €92,679 | €80,653 | €79,644 | €74,938 | ▼ 5.9% |
| Equity10/15 | €22,473 | €41,970 | €48,787 | €62,135 | €55,207 | ▼ 11.2% |
| Contributions10/11 | - | €6,212 | €6,212 | €6,212 | €6,212 | = |
| Outside capital11 | - | €6,212 | - | - | - | - |
| Other1109/19 | - | €6,212 | - | - | - | - |
| Reserves13 | €261 | €261 | €261 | €13,610 | €13,610 | = |
| Non-distributable reserves130/1 | - | €261 | €261 | - | - | - |
| Reserves not available under the articles1311 | - | €261 | €261 | - | - | - |
| Distributable reserves133 | - | - | - | €13,610 | €13,610 | = |
| Profit (loss) carried forward14 | €16,000 | €35,497 | €42,314 | €42,313 | €35,385 | ▼ 16.4% |
| Amounts payable17/49 | €57,780 | €50,709 | €31,867 | €17,509 | €19,731 | ▲ 12.7% |
| Amounts payable after more than one year17 | €45,839 | €21,103 | €8,495 | - | - | - |
| Financial debts170/4 | - | €21,103 | €8,495 | - | - | - |
| Amounts payable within one year42/48 | €11,942 | €29,606 | €23,371 | €17,396 | €19,731 | ▲ 13.4% |
| Current portion of amounts payable after more than one year42 | - | €12,447 | €12,608 | €8,495 | - | - |
| Trade debts44 | €51 | - | €184 | €91 | €2,844 | ▲ 3,018% |
| Suppliers440/4 | - | - | €184 | €91 | €2,844 | ▲ 3,018% |
| Taxes, remuneration and social security45 | - | €17,159 | €10,580 | €8,810 | €16,832 | ▲ 91.1% |
| Taxes450/3 | - | €15,192 | €10,580 | €8,810 | €12,459 | ▲ 41.4% |
| Remuneration and social security454/9 | - | €1,968 | - | - | €4,373 | - |
| Other amounts payable47/48 | - | - | - | - | €55 | - |
| Accrued charges and deferred income492/3 | - | - | - | €113 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €12,795 | €19,497 | €6,817 | €13,349 | -€6,928 | ▼ 152% |
| + Depreciation and write-downs630 | €3,941 | €11,827 | €12,854 | €13,860 | €12,809 | ▼ 7.6% |
| Operating cash flow (approximation) | €16,736 | €31,323 | €19,671 | €27,209 | €5,880 | ▼ 78.4% |
| Investment in fixed assets (approximation) | - | -€3,007 | -€4,373 | -€3,000 | €629 | ▲ 121% |
| Change in cash | - | €24,703 | -€12,813 | €17,082 | -€19,064 | ▼ 212% |
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
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€6,928
Net result drops to -€6,928, the lowest in the series.
07-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
25-07
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
31-12
Financial
Highest result since 2018net €19,497 ▲52.4%
Operating result €26,821, net result €19,497, both a record.
28-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 59 days late
2020
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €5,224
Net result €5,224 after one loss-making year.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 5 acts read
About the unread acts
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.
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Directors · office · real estate
Directors
5 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, Mons · 1 establishment unit since 2017
Ground area
3,421 m²
Building footprint
30 m²
Volume, LiDAR
98 m³
Parcel 53030B0416/00B000, Wallonia · tallest building 5.4 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
UrbTech
since 20172.270.580.057
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53030B0416/00B000 | Wallonia | 3,421 m² | 1 · 30 m² | 5.4 m · 1 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.
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Of 30,007 companies in sector 62200 we hold annual accounts for 18,396. 15,369 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
Founded25-10-2017
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62900Other information technology and computer services
62100Computer programming
63910Web portal activities
85599Other education
Contact
E-mail
urbain.nicolas@gmail.comMons
E-invoicing
Reachable via Peppol
Peppol ID
0208:0683718059
Registered
28-07-2024
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.