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Urum Arta

Active
Private limited companyfounded 2017active for 9 yearsSteenakker 45, 9000 Gent, BelgiumKBO/BCE: BE 0681.616.525
Summary

The computed 12-month bankruptcy probability of Urum Arta is at least 25% (high). The 2024 annual accounts show equity of €40,049 and a net result of -€1,872. Equity is growing by about 18% per year across the filed financial years. The company has been active since 2017 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).

Overview

Activity
Activity not known
Size
€62,797total assets 2024
Equity
€40,049
Loss
-€1,872
Turnover not published (micro format)
Financial health
11 Critical Checked score 2024
Bankruptcy probabilitywithin 12 months
≥ 25%
Structure
Accounts 76 days overdue1 of 13 deeds read
Why 11raises risk2 changes of registered office in 24 monthsFigures for financial year 2024 (filed 15-10-2025)No registered site in the KBO1 financial year not filed after the legal deadline; latest accounts 76 days late; 3 of the last 3 lateShow the evidence

Checked score

Score 2024
11 / 100
Critical
Probability in this band: over 15.0%
Financially better than 30% of its sector peers (no NACE code, micro)
Financial strength · tick = 2023
Weak
Solvency 89-6
equity 63.8% of total assets
Liquidity 39-17
short-term debt 36.2% · cash 4.5%
Profitability 15-61
return on assets -3.0%
Bankruptcy probability, 12 months
≥ 25% High
0%0.5%1.5%4%10%≥ 25%

About 1 in 4 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 6.3% 12-2024: 6.3%● unchanged vs 11-2024 01-2025: 6.3%● unchanged vs 12-2024lowest value 02-2025: 6.3%● unchanged vs 01-2025lowest value 03-2025: 6.6%▲ +0.3 percentage points vs 02-2025 04-2025: 7.1%▲ +0.5 percentage points vs 03-2025 05-2025: 7.2%▲ +0.1 percentage points vs 04-2025 06-2025: 7.9%▲ +0.7 percentage points vs 05-2025 07-2025: 8.1%▲ +0.2 percentage points vs 06-2025 08-2025: 10.7%▲ +2.6 percentage points vs 07-2025 09-2025: 11.9%▲ +1.2 percentage points vs 08-2025 10-2025: 18.6%▲ +6.7 percentage points vs 09-2025 11-2025: 6.8%▼ -11.8 percentage points vs 10-2025 12-2025: 6.8%● unchanged vs 11-2025 01-2026: 6.8%● unchanged vs 12-2025 02-2026: 6.3%▼ -0.5 percentage points vs 01-2026 03-2026: 6.6%▲ +0.3 percentage points vs 02-2026 04-2026: 7.0%▲ +0.4 percentage points vs 03-2026 05-2026: 7.5%▲ +0.5 percentage points vs 04-2026 06-2026: 8.1%▲ +0.6 percentage points vs 05-2026 07-2026: 8.4%▲ +0.3 percentage points vs 06-2026 08-2026: 10.2%▲ +1.8 percentage points vs 07-2026 09-2026: 18.8%▲ +8.6 percentage points vs 08-2026 10-2026: ≥ 25%▲ +8.3 percentage points vs 09-2026highest value
No credit on open account
Liquidity ample (current ratio 2.46, compared with 2.84 in 2023, above the usual 1.5; short-term debt: 36.2% and cash: 4.5% of total assets), and 36.2% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 53% on solvency, 22% on liquidity, 14% on profitability and 32% on growth.

The bankruptcy probability was computed on 14-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Seven signals.
raises riskneutral
raises risk · 2 changes of registered office in 24 months
Belgian Official Gazette
raises risk · Figures for financial year 2024 (filed 15-10-2025)
NBB · annual accounts
raises risk · No registered site in the KBO
KBO · seat and establishments
raises risk · 1 financial year not filed after the legal deadline; latest accounts 76 days late; 3 of the last 3 late
NBB · filings
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 76 days later.
NBB · 6 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline15-10-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 15-10-2025, 76 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 6 filings
Deviation from the deadline
2025
not filed
2024
76 days late
2023
43 days late
2022
105 days late
2021
463 days late
2020
828 days late
2018
266 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 297 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Strikeout withdrawn
  1. Resignation: Cosgun Omer (director)Appointment: Savov Lyuben (director) ·…
  2. Annual accounts filedfinancial year 2024 · micro…
  3. Weakest financial yearnet -€1,872

Key points

  • Caution: Accounts not fileddeadline was 31-07-2026 76 days late View
  • Caution: Board changedlatest change 15-02-2026 · 1 in office 1 joined · 1 left View
  • Total assets 20246 financial years filed €62,797 View

By topic

Financials

Financial year
2024
Total assets
€62,797
Loss
-€1,872
Solvency
63.8%
Go to Financials

Timeline

Events
10
Since
2020
  1. 12-09-2024Annual accounts filed
  2. 24-11-2023Strikeout withdrawn
  3. 13-11-2023Annual accounts filed
Go to Timeline

Company details

Legal form
Private limited company
Founded
21-09-2017
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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