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UTEQ

Active
Private limited companyfounded 20241 yr activeKerkstraat(WAO) 50, 9988 Sint-Laureins, BelgiumKBO/BCE: BE 1014.619.109
Summary

UTEQ has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €21,783 and a net result of €18,783. Its solvency ranks better than 22% of 28184 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 1.5% (low).

Checked score

Score 2025
Axes
Profitability90
Solvency45
Growth-
Track record67
Bankruptcy probability, 12 months
1.5% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity tight (current ratio 1.13; short-term debt: 79.8% and cash: 4.4% of total assets), and 79.8% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 1 year 0 10 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
20.2%
Return on assets
17.4%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 22% of 28184 sector peers (2025).
NBB · sector comparison
Position among 28184 sector peers
Solvency
better than 22%
← weakest strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 1 filing
Deviation from the deadline
2025
31 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 3 October 2024, UTEQ was incorporated as a Private limited company.1 The company has filed annual accounts once, for fiscal year 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2025

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Financials · fiscal year 2025, micro schema

Equity
€21,783
Total assets
€108,012
Net result
€18,783
Working capital
€11,000

Turnover and EBIT margin not published: the micro schema does not require them.

Balance-sheet composition
Assets €108,012
Fixed assets €10,783
Current assets €97,229
Equity and liabilities €108,012
Equity €21,783
Debt €86,229
Debt finances 79.8% of the balance-sheet total.
Key figures and ratios
2025 value
EBITDA
€30,296
Cash flow
€20,385
Current ratio
1.13
Debt to equity
3.96
ROE
86.2%
ROA
17.4%
Interest coverage
9.57
Debt ≤ 1 year
€86,229
Income taxes
€6,807
Staff costs
€36,033

Peer companies

Historical observation

Of the 2,390 companies that looked in July 2024 the way this one looks now, 1.0% went bankrupt within 24 months and 97% are still going.

  • Micro
  • under 2 years old
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.0% went bankrupt
1.9% stopped otherwise
97% still going

A further 0.4% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 1.5% 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%.

The companies in ten equal groups, from lowest to highest expected share.
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 2,390 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
Filed annual accounts As filed with the NBB · 2025 · 40 lines
Balance sheet Code2025
Assets
Total assets20/58€108,012
Fixed assets21/28€10,783
Intangible fixed assets21€2,099
Tangible fixed assets22/27€8,684
Furniture and vehicles24€8,684
Current assets29/58€97,229
Amounts receivable within one year40/41€91,086
Trade receivables40€84,517
Other amounts receivable41€6,569
Cash at bank and in hand54/58€4,762
Deferred charges and accrued income490/1€1,382
Equity and liabilities
Total equity and liabilities10/49€108,012
Equity10/15€21,783
Contributions10/11€3,000
Reserves13€18,000
Distributable reserves133€18,000
Profit (loss) carried forward14€783
Amounts payable17/49€86,229
Amounts payable within one year42/48€86,229
Trade debts44€77,475
Suppliers440/4€77,475
Taxes, remuneration and social security45€8,754
Taxes450/3€6,839
Remuneration and social security454/9€1,915
Income statement Code2025
Remuneration, social security and pensions62€36,033
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,603
Other operating charges640/8€655
Gross operating margin9900€66,983
Operating profit (loss)9901€28,694
Financial income75/76B€63
Recurring financial income75€63
Financial charges65/66B€3,167
Recurring financial charges65€3,167
Profit (loss) for the period before taxes9903€25,589
Income taxes67/77€6,807
Profit (loss) for the period9904€18,783
Profit (loss) for the period to be appropriated9905€18,783
Appropriation of the result
Profit (loss) to be appropriated9906€18,783
Transfer to equity691/2€18,000
To other reserves6921€18,000

The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2025
Remuneration, social security and pensions62€36,033
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,603
Other operating charges640/8€655
Gross operating margin9900€66,983
Operating profit (loss)9901€28,694
Financial income75/76B€63
Recurring financial income75€63
Financial charges65/66B€3,167
Recurring financial charges65€3,167
Profit (loss) for the period before taxes9903€25,589
Income taxes67/77€6,807
Profit (loss) for the period9904€18,783
Profit (loss) for the period to be appropriated9905€18,783
Line2025
Assets
Total assets20/58€108,012
Fixed assets21/28€10,783
Intangible fixed assets21€2,099
Tangible fixed assets22/27€8,684
Furniture and vehicles24€8,684
Current assets29/58€97,229
Amounts receivable within one year40/41€91,086
Trade receivables40€84,517
Other amounts receivable41€6,569
Cash at bank and in hand54/58€4,762
Deferred charges and accrued income490/1€1,382
Equity and liabilities
Total equity and liabilities10/49€108,012
Equity10/15€21,783
Contributions10/11€3,000
Reserves13€18,000
Distributable reserves133€18,000
Profit (loss) carried forward14€783
Amounts payable17/49€86,229
Amounts payable within one year42/48€86,229
Trade debts44€77,475
Suppliers440/4€77,475
Taxes, remuneration and social security45€8,754
Taxes450/3€6,839
Remuneration and social security454/9€1,915
Line2025
Profit (loss) for the period9904€18,783
+ Depreciation and write-downs630€1,603
Operating cash flow (approximation)€20,385

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
31-08
NBB filing Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
NBB filing
0 of 1 act read
About the unread acts

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.

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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, Sint-Laureins · 1 establishment unit since 2024
seat establishment The establishment unit on the map
Ground area
966 m²
Building footprint
72 m²
Volume, LiDAR
379 m³
Parcel 43016B0438/00G000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
UTEQ
Kerkstraat(WAO) 50, 9988 Sint-LaureinsRepair and maintenance of fabricated metal products
since 20242.366.490.192
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
43016B0438/00G000 Flanders 966 m² 1 · 72 m² 7.6 m · 2 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.

Structure & network

Owners and holdings

2 owners

Owners 2

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 9,536 companies in sector 43222 we hold annual accounts for 5,667. 3,649 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
Founded03-10-2024
Fiscal year end31-12
Activities, NACEBEL 2025
43222Installation of electric heating, air conditioning, cooling and ventilation
33110Repair and maintenance of fabricated metal products
33120Repair and maintenance of machinery
43221Plumbing work
E-invoicing
Reachable via Peppol
Peppol ID 0208:1014619109
Also 9925:BE1014619109
Registered 18-06-2025

Register as of 27 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.