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UTIL-PIECES

Active
Private limited company (pre-2019)founded 200521 yrs activeChaussée Roosevelt(AMA) 145, 4540 Amay, BelgiumKBO/BCE: BE 0871.689.213
Summary

The computed 12-month bankruptcy probability of UTIL-PIECES is 4.9% (elevated). The 2024 annual accounts show negative equity (-€253,565). Equity remains stable across the filed fiscal years (±2% per year). The company has been active since 2005 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

No current score
Insufficient figures
A score requires measurable solvency, liquidity and profitability.
Bankruptcy probability: Elevated
Axes · tick = 2023
Profitability-
Solvency-
Growth58=
Track record100
Bankruptcy probability, 12 months
4.9% Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 2024
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 21 years 0 30 y
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
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 12-03-2025, 141 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
141 d early
2023
103 d late
2022
44 d early
2021
45 d early
2020
35 d early
2019
14 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 29 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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

UTIL-PIECES was incorporated on 4 February 2005.1 Total assets fell from EUR 43,889 in 2018 to EUR 12,530 in 2020.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2020

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Financials · fiscal year 2024, full schema

Turnover
€21,087
EBIT margin
-86.1%
Net result
€800
2020 · -€25,916
Working capital
-€263,054▼ 10.9%
2019 · -€237,138
Trend over the years
In euros
In euros
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Turnover
Operating result-€25,777▼ 293%€800
Net result-€25,916▼ 287%€800
EBIT margin
Equity-€254,365▼ 11.3%-€253,565▲ 0.3%-€253,565=-€253,565=-€253,565=
Total assets€12,530▼ 67.4%€0▼ 100%€0
Debt€266,895=€253,565▼ 5.0%€253,565=€253,565=€253,565=
Working capital-€263,054▼ 10.9%
Result per fiscal year
Operating resultNet result
-€30,000-€20,000-€10,000€0Operating result 2020: -€25,777-€25,777Net result 2020: -€25,916-€25,916Operating result 2021: €800€800Net result 2021: €800€80020202021202220232024
The operating result returns to profit in 2021: €800 after a loss of €25,777 in 2020.
Key figures and ratios
2024 value · change against 2023
Debt ≤ 1 year
€253,565=
2023 · €253,565
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 14 lines
Balance sheet Code20232024
Equity and liabilities
Total equity and liabilities10/49€0€0=
Equity10/15-€253,565-€253,565=
Contributions10/11€18,600€18,600=
Capital10€18,600€18,600=
Issued capital100€18,600€18,600=
Reserves13€1,860€1,860=
Non-distributable reserves130/1€1,860€1,860=
Legal reserve130€1,860€1,860=
Profit (loss) carried forward14-€274,025-€274,025=
Amounts payable17/49€253,565€253,565=
Amounts payable within one year42/48€253,565€253,565=
Other amounts payable47/48€253,565€253,565=
Income statement Code20232024
Appropriation of the result
Profit (loss) to be appropriated9906-€274,025-€274,025=
Profit (loss) brought forward from the previous period14P-€274,025-€274,025=
Line20202021202220232024Change
Non-recurring operating income76A-€800----
Gross operating margin9900€123€800----
Operating profit (loss)9901-€25,777€800----
Recurring financial charges65€139-----
Profit (loss) for the period before taxes9903-€25,916€800----
Profit (loss) for the period9904-€25,916€800----
Profit (loss) for the period to be appropriated9905-€25,916€800----
Line20202021202220232024Change
Assets
Total assets20/58€12,530€0€0---
Fixed assets21/28€8,689-----
Tangible fixed assets22/27€8,689-----
Current assets29/58€3,841-----
Amounts receivable within one year40/41€3,839-----
Cash at bank and in hand54/58€2-----
Equity and liabilities
Total equity and liabilities10/49€12,530€0€0€0€0-
Equity10/15-€254,365-€253,565-€253,565-€253,565-€253,565=
Contributions10/11€18,600€18,600€18,600€18,600€18,600=
Capital10---€18,600€18,600=
Issued capital100---€18,600€18,600=
Reserves13€1,860€1,860€1,860€1,860€1,860=
Non-distributable reserves130/1-€1,860€1,860€1,860€1,860=
Legal reserve130---€1,860€1,860=
Reserves not available under the articles1311-€1,860€1,860---
Profit (loss) carried forward14-€274,825-€274,025-€274,025-€274,025-€274,025=
Amounts payable17/49€266,895€253,565€253,565€253,565€253,565=
Amounts payable within one year42/48€266,895€253,565€253,565€253,565€253,565=
Taxes, remuneration and social security45-€10----
Taxes450/3-€10----
Other amounts payable47/48-€253,555€253,565€253,565€253,565=
Line20202021202220232024Change
Profit (loss) for the period9904-€25,916€800----
Operating cash flow (approximation)-€25,916€800----

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

2025
12-03
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
11-11
NBB filing Annual accounts filed
fiscal year 2023 · full schema · 103 days late
2023
17-06
NBB filing Annual accounts filed
fiscal year 2022 · full schema
2022
16-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Back to profitnet €800
Net result €800 after 3 loss-making years.
26-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Weakest financial yearnet -€25,916
Net result drops to -€25,916, the lowest in the series; recovery starts the following year.
17-07
NBB filing Annual accounts filed
fiscal year 2019 · full schema
2019
21-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
22-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
22-06
NBB filing Annual accounts filed
fiscal year 2016 · full schema
2016
27-06
NBB filing Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
No directors read yet: 0 of 3 Gazette acts processed. See the function holders in the CBE →
Location & real-estate footprint
Registered office, Amay · 1 establishment unit since 2005
seat establishment approximate The establishment unit on the map
Ground area
249 m²
Building footprint
93 m²
Volume, LiDAR
765 m³
Parcel 61003B0213/00T002, Wallonia · tallest building 9.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
UTIL-PIECES.SPRL
Chaussée Roosevelt(AMA) 145, 4540 AmayNACE 50103
since 20052.145.286.543
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
61003B0213/00T002indicative Wallonia 249 m² 1 · 93 m² 9.3 m · 3 fl.
Linked by address, not proof of ownership
Good to know
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Company details

Identification
Legal formPrivate limited company (pre-2019)
Founded04-02-2005
Fiscal year end31-12
Contact
Phone 0477.582739Amay
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

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