URGA
ActiveURGA has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €171k and a net result of €-5k. Equity is growing by ~11.2% per year across the filed fiscal years. Its solvency ranks better than 66% of 1285 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability0▼-58
Solvency64▼-36
Growth52▼-26
Stability100
Bankruptcy probability, 12 months
0.5%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity tight (current ratio 1.15 against 2.43 in 2024), and 60.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 55
Relative position
BE, all sectors
reference
Sector 55
higher
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-07-2026, 3 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
3 d early
2024
51 d early
2023
1 d early
2022
41 d early
2021
40 d early
2020
37 d early
2019
4 d early
← before the deadline
after the deadline →
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
13-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€171k▼ 4.9%
2024 · €180k
2018: €90k
2019: €95k
2020: €114k
2021: €123k
2022: €127k
2023: €159k
2024: €180k
2018 → 2025
Total assets
€430k▲ 64.0%
2024 · €262k
2018: €171k
2019: €180k
2020: €209k
2021: €231k
2022: €204k
2023: €237k
2024: €262k
2018 → 2025
Net result
€-5k
2024 · €21k
2018: €-5k
2019: €5k
2020: €19k
2021: €8k
2022: €4k
2023: €32k
2024: €21k
2018 → 2025
Working capital
€15k▼ 86.4%
2024 · €112k
2018: €49k
2019: €39k
2020: €76k
2021: €86k
2022: €85k
2023: €92k
2024: €112k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€123k-€127k▲ 3.6%€159k▲ 25.1%€180k▲ 13.1%€171k▼ 4.9%
Operating result€13k-€8k▼ 37.8%€45k▲ 467%€31k▼ 32.1%€-742
Net result€8k-€4k▼ 47.6%€32k▲ 624%€21k▼ 35.0%€-5k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2025: a loss of €742 after €31k in 2024, the lowest year so far.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €430k
Fixed assets
€314k▲ 334%
Current assets
€117k▼ 38.7%
Equity and liabilities €430k
Equity
€171k▼ 4.9%
Debt
€259k▲ 213%
The debt ratio rises from 31.6% to 60.3%: debt grows while equity shrinks.
Key figures and ratios
EBITDA
€19k▼
2024 · €47k
Cash flow
€15k▼
2024 · €37k
Solvency
39.7%▼
2024 · 68.4%
Current ratio
1.15▼
2024 · 2.43
Quick ratio
1.13▼
2024 · 2.42
Debt / equity
1.52▲
2024 · 0.46
ROE
-3.1%▼
2024 · 11.5%
ROA
-1.2%▼
2024 · 7.9%
Interest coverage
3.49▼
2024 · 17.39
Debt
€259k▲
2024 · €83k
Debt ≤ 1 year
€101k▲
2024 · €78k
Debt > 1 year
€158k
Staff costs
€44k▼
2024 · €45k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€262k€430k▲
Fixed assets21/28€72k€314k▲
Tangible fixed assets22/27€72k€314k▲
Land and buildings22€27k€270k▲
Plant, machinery and equipment23€39k€39k=
Furniture and vehicles24€6k€4k▼
Financial fixed assets28€35€35=
Current assets29/58€190k€117k▼
Stocks and contracts in progress3€1k€2k▲
Stocks30/36€1k€2k▲
Amounts receivable within one year40/41€30k€34k▲
Trade receivables40€30k€29k▼
Other amounts receivable41-€6k
Cash at bank and in hand54/58€156k€76k▼
Deferred charges and accrued income490/1€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€262k€430k▲
Equity10/15€180k€171k▼
Contributions10/11€19k€19k=
Reserves13€89k€85k▼
Distributable reserves133€89k€85k▼
Profit (loss) carried forward14€72k€67k▼
Amounts payable17/49€83k€259k▲
Amounts payable after more than one year17-€158k
Financial debts170/4-€158k
Amounts payable within one year42/48€78k€101k▲
Current portion of amounts payable after more than one year42-€15k
Trade debts44€753€5k▲
Suppliers440/4€753€5k▲
Advances received on contracts in progress46€692€7k▲
Taxes, remuneration and social security45€12k€1k▼
Taxes450/3€8k€1k▼
Remuneration and social security454/9€4k-
Other amounts payable47/48€64k€73k▲
Accrued charges and deferred income492/3€5k€588▼
Income statement
Code20242025
Remuneration, social security and pensions62€45k€44k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€20k▲
Other operating charges640/8€4k€6k▲
Gross operating margin9900€95k€70k▼
Operating profit (loss)9901€31k€-742▼
Financial income75/76B€364€918▲
Recurring financial income75€364€918▲
Financial charges65/66B€3k€6k▲
Recurring financial charges65€3k€6k▲
Profit (loss) for the period before taxes9903€28k€-5k▼
Income taxes67/77€8k-
Profit (loss) for the period9904€21k€-5k▼
Profit (loss) for the period to be appropriated9905€21k€-5k▼
Appropriation of the result
Profit (loss) to be appropriated9906€93k€67k▼
Profit (loss) brought forward from the previous period14P€72k€72k▲
Transfer from equity791/2-€4k
Transfer to equity691/2€21k-
To other reserves6921€21k-
Profit to be distributed694/7-€4k
Return on contributions (dividend)694-€4k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Weakest financial yearnet €-5k ▼126%
Net result drops to €-5k, the lowest in the series.
10-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Highest result since 2018net €32k ▲624%
Operating result €45k, net result €32k, both a record.
31-12
Financial
Equity above €150kEq €159k ▲25.1%
5 profitable years in a row build equity to €159k.
20-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
21-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Equity above €100kEq €114k ▲20.3%
2 profitable years in a row build equity to €114k.
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
31-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
05-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 30 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Merksplas · 1 establishment unit since 2006
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Steenweg op Weelde 232330 MerksplasGround area
5,924 m²
Building footprint
249 m²
Volume, LiDAR
1,016 m³
Parcel 13023B0429/00B000, Flanders · tallest building 6.3 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
URGA
since 20062.152.272.424
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13023B0429/00B000 | Flanders | 5,924 m² | 1 · 249 m² | 6.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
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
SARABO
BE 0438.674.877
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DEPA NASSEN
BE 0835.923.729
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AFCT
BE 0828.327.738
Pepinster · Eq €172k
LES MIDIS AU VERT
BE 0831.166.967
Stoumont · Eq €172k
Ferox P
BE 0445.840.308
Zele · Eq €175k
Of 2,995 companies in sector 55203 we hold annual accounts for 687. 505 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded13-03-2006
Fiscal year end31-12
Activities, NACEBEL
55203Holiday cottages, homes and apartments
02100Forestry and logging
46110Wholesale trade
74111Design of textile patterns, clothing, jewellery, furniture and decorative items
91041Libraries, archives, museums and other cultural activities
91410Libraries, archives, museums and other cultural activities
Sources
Crossroads Bank for EnterprisesNational Bank · 19 filingsAddress and cadastre registers
Data from official sources, last processed on 11-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:urga@urga.eu
Phone:000000000