URGE
ActiveThe computed 12-month bankruptcy probability of URGE is 2.7% (moderate). The 2024 annual accounts show equity of €20k and a net result of €449. Equity remains stable across the filed fiscal years (±1.1% per year). Its solvency ranks better than 95% of 36378 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability36▼-1
Solvency100=
Growth52▲+20
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 15.21 against 4.02 in 2023; short-term debt: 6.3% and cash: 42.3% of total assets), and 6.3% 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.
+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 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 43
Relative position
BE, all sectors
reference
Sector 43
higher
← 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
93.7%
Return on assets
2.1%
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 · 3 filingsDeviation from the deadline
2025
not confirmed
2024
30 d early
2023
33 d early
2022
30 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€20k▲ 2.3%
2023 · €19k
2022: €19k
2023: €19k
2022 → 2024
Total assets
€21k▼ 18.0%
2023 · €25k
2022: €27k
2023: €25k
2022 → 2024
Net result
€449
2023 · €-21
2022: €16k
2023: €-21
2022 → 2024
Working capital
€19k▼ 2.5%
2023 · €19k
2022: €19k
2023: €19k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line202220232024Trend
Equity€19k-€19k▼ 0.1%€20k▲ 2.3%
Operating result€20k-€103▼ 99.5%€2k▲ 1,869%
Net result€16k-€-21€449
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 1,869% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €21k
Fixed assets
€934
Current assets
€20k
Equity and liabilities €21k
Equity
€20k▲ 2.3%
Debt
€1k▼ 79.3%
The debt ratio falls from 24.9% to 6.3%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€2k
Cash flow
€578
Solvency
93.7%▲
2023 · 75.1%
Current ratio
15.21▲
2023 · 4.02
Quick ratio
15.21▲
2023 · 4.02
Debt / equity
0.07▼
2023 · 0.33
ROE
2.3%▲
2023 · -0.1%
ROA
2.1%▲
2023 · -0.1%
Interest coverage
1.74
Debt
€1k▼
2023 · €6k
Debt ≤ 1 year
€1k▼
2023 · €6k
Income taxes
€336▲
2023 · €10
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€25k€21k▼
Fixed assets21/28-€934
Tangible fixed assets22/27-€934
Furniture and vehicles24-€934
Current assets29/58€25k€20k▼
Amounts receivable within one year40/41€8k€10k▲
Trade receivables40€4k€7k▲
Other amounts receivable41€4k€3k▼
Cash at bank and in hand54/58€18k€9k▼
Deferred charges and accrued income490/1€75€1k▲
Equity and liabilities
Total equity and liabilities10/49€25k€21k▼
Equity10/15€19k€20k▲
Contributions10/11€3k€3k=
Reserves13€16k€17k▲
Distributable reserves133€16k€17k▲
Profit (loss) carried forward14€-21-
Amounts payable17/49€6k€1k▼
Amounts payable within one year42/48€6k€1k▼
Trade debts44€2k€976▼
Suppliers440/4€2k€976▼
Taxes, remuneration and social security45€4k€336▼
Taxes450/3€4k€336▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€129
Other operating charges640/8€397€453▲
Gross operating margin9900€500€3k▲
Operating profit (loss)9901€103€2k▲
Financial charges65/66B€113€1k▲
Recurring financial charges65€113€1k▲
Profit (loss) for the period before taxes9903€-10€785▲
Income taxes67/77€10€336▲
Profit (loss) for the period9904€-21€449▲
Profit (loss) for the period to be appropriated9905€-21€449▲
Appropriation of the result
Profit (loss) to be appropriated9906€-21€428▲
Profit (loss) brought forward from the previous period14P-€-21
Transfer to equity691/2-€428
To other reserves6921-€428
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €449
Net result €449 after one loss-making year.
31-12
Financial
Liquidity quadruplescurrent ratio 15.21
Current ratio from 4.02 to 15.21; short-term debt falls from €6k to €1k.
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-21 ▼100%
Net result drops to €-21, the lowest in the series; recovery starts the following year.
01-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Beringen · 1 establishment unit since 2021
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.
Oelenstraat 153583 BeringenGround area
1,110 m²
Building footprint
265 m²
Parcel 71049B0113/00P000, Flanders. Linked by address, not a title deed.
1 establishment unit
URGE
since 20212.324.007.756
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71049B0113/00P000 | Flanders | 1,110 m² | 1 · 265 m² | - |
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
OLTEC
BE 0466.299.685
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WAUTERS
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Bierbeek · Eq €20k
DE VLIEGER-VAN DEYNSE
BE 0677.996.841
Maldegem · Eq €20k
Etablissements GUATIERI
BE 0459.623.612
Sint-Pieters-Woluwe · Eq €20k
BORREMANSCV
BE 0720.675.554
Mechelen · Eq €20k
Of 9,531 companies in sector 43222 we hold annual accounts for 5,661. 3,494 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded25-10-2021
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
43211General electrical installation work
43320Joinery installation
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.