Equity
UTILCONSTRUCT has made a profit in every financial year since 2017.
UTILCONSTRUCT has made a profit in every financial year since 2017.
UTILCONSTRUCT pays its suppliers 5 days later than in 2024. Customers pay 18 days later.
The 2017 accounts came latest: 134 days after the end of the period.
In July 2024, 34,721 companies had the same profile as UTILCONSTRUCT has now. Each dot stands for 87 companies, two years later.
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 34,721 companies, not a prediction for UTILCONSTRUCT. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| UTILCONSTRUCT Wommelgem | €453,467 | 7.7% | 74.3% | - |
| G.T.S. INDUSTRIES Ravels | - | - | 73.5% | - |
| MAGICGYP Hemiksem | - | - | 90.6% | - |
| EXPERT COM Tubize | €558,787 | 3.0% | 41.9% | - |
| NEW HOME PROJECT Brussels | - | - | 77.6% | - |
| SANSIB Kraainem | - | - | 66.7% | - |
| EC Works Diepenbeek | - | - | 66.9% | - |
Grey: the largest companies of the sector (specialised construction (NACE 43)), without their names. Blue: the sector peers from the table.
These companies have the same main activity as UTILCONSTRUCT: other specialised construction activities (NACE 43990). They are comparable in size and age: total assets between €108,000 and €147,000, founded between 2015 and 2017.
UTILCONSTRUCT files the micro format. That format states no turnover. The gross margin rose from €6,771 in 2017 to €72,422 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Higher than 80% of 37,211 companies in 2025.
Higher than 79% of 36,505 companies in 2025.
Higher than 76% of 36,740 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: top quarter
Staff costs divided by the average number of full-time equivalents.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 201817 months | 201711 months |
|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||
20/58 |
126,966 | 112,288 | 119,612 | 139,698 | 66,218 | 88,793 | 136,744 | 73,870 | 34,730 | |
21/28 |
276 | 2,088 | 4,014 | 4,011 | 2,640 | 5,807 | 18,893 | 1,147 | 1,021 | |
22/27 |
276 | 2,088 | 4,014 | 4,011 | 2,640 | 5,807 | 18,893 | 1,147 | 1,021 | |
24 |
276 | 2,088 | 4,014 | 4,011 | 2,640 | 5,807 | 18,893 | 1,147 | 1,021 | |
29/58 |
126,691 | 110,200 | 115,599 | 135,686 | 63,578 | 82,986 | 117,851 | 72,723 | 33,709 | |
40/41 |
105,772 | 74,045 | 108,811 | 132,759 | 56,403 | 72,023 | 82,391 | 66,315 | 23,939 | |
40 |
27,742 | 5,421 | 23,761 | 87,592 | 14,994 | 51,143 | 72,951 | 55,429 | 21,222 | |
41 |
78,030 | 68,624 | 85,050 | 45,166 | 41,410 | 20,880 | 9,440 | 10,886 | 2,717 | |
54/58 |
20,919 | 36,156 | 6,788 | 2,928 | 7,175 | 10,964 | 35,460 | 6,408 | 9,770 | |
| Balance sheet: equity and liabilities | ||||||||||
10/49 |
126,966 | 112,288 | 119,612 | 139,698 | 66,218 | 88,793 | 136,744 | 73,870 | 34,730 | |
10/15 |
94,374 | 82,882 | 48,492 | 38,305 | 32,423 | 31,729 | 26,308 | 16,436 | 9,651 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | |
13 |
79,743 | 68,250 | 33,860 | 23,860 | 18,860 | 18,860 | 14,860 | 6,372 | 186 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 372 | 186 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | |
133 |
77,883 | 66,390 | 32,000 | 22,000 | 17,000 | 17,000 | 13,000 | 6,000 | - | |
14 |
8,432 | 8,432 | 8,432 | 8,245 | 7,363 | 6,669 | 5,248 | 3,864 | 3,265 | |
17/49 |
32,592 | 29,406 | 71,121 | 101,393 | 33,795 | 57,064 | 110,436 | 57,434 | 25,079 | |
42/48 |
32,592 | 29,406 | 39,185 | 101,393 | 33,795 | 57,064 | 110,436 | 57,434 | 25,079 | |
44 |
20,142 | 15,801 | 34,490 | 99,223 | 33,481 | 50,760 | 73,478 | 23,861 | 17,030 | |
440/4 |
12,090 | 13,729 | 16,295 | 32,566 | 20,161 | 12,144 | 5,300 | 15,661 | 3,134 | |
441 |
8,052 | 2,071 | 18,195 | 66,657 | 13,320 | 38,616 | 68,178 | 8,200 | 13,896 | |
46 |
- | - | - | - | - | - | - | 13,100 | - | |
45 |
12,449 | 13,605 | 4,695 | 2,170 | 315 | 6,304 | 36,958 | 20,473 | 1,274 | |
450/3 |
11,203 | 13,495 | 4,695 | 2,170 | 315 | 6,304 | 3,611 | 7,372 | 1,274 | |
454/9 |
1,246 | 110 | - | - | - | - | 33,347 | 13,101 | - | |
47/48 |
- | - | - | - | - | - | - | - | 6,774 | |
492/3 |
- | - | 31,936 | - | - | - | - | - | - | |
| Income statement | ||||||||||
70 |
453,467 | 468,913 | 348,137 | 395,308 | 274,146 | 409,430 | - | 200,227 | 302,359 | |
9900 |
72,422 | 70,160 | 26,662 | 6,535 | 11,894 | 17,206 | 18,867 | 22,381 | 6,771 | |
60/61 |
381,044 | 398,753 | 321,474 | 388,772 | 262,253 | 392,210 | 496,502 | 177,845 | 295,589 | |
62 |
34,867 | 4,188 | - | - | - | - | - | - | - | |
630 |
1,812 | 1,926 | 1,651 | 115 | 3,167 | 3,167 | 2,557 | 1,920 | 879 | |
640/8 |
1,040 | 1,024 | 428 | 663 | 3,174 | 5,963 | 2,798 | 10,129 | 1,166 | |
9901 |
34,703 | 63,022 | 24,584 | 5,758 | 5,553 | 8,076 | 13,513 | 10,332 | 4,726 | |
75/76B |
300 | - | - | 2,732 | - | 189 | 123 | - | - | |
75 |
- | - | - | - | - | 189 | 20 | - | - | |
76B |
300 | - | - | 2,732 | - | - | 103 | - | - | |
65/66B |
528 | 15,644 | 10,443 | 207 | 5,108 | 152 | 153 | 179 | 0 | |
65 |
528 | 15,644 | 10,443 | 207 | 1,108 | 152 | 153 | 179 | 0 | |
66B |
- | - | - | - | 4,000 | - | - | - | - | |
9903 |
34,475 | 47,377 | 14,140 | 8,283 | 446 | 8,113 | 13,484 | 10,153 | 4,726 | |
67/77 |
9,982 | 12,987 | 3,954 | 2,401 | -248 | 2,692 | 3,611 | 3,368 | 1,274 | |
9904 |
24,493 | 34,390 | 10,187 | 5,882 | 694 | 5,421 | 9,872 | 6,785 | 3,451 | |
9905 |
24,493 | 34,390 | 10,187 | 5,882 | 694 | 5,421 | 9,872 | 6,785 | 3,451 | |
| Appropriation of the result | ||||||||||
9906 |
32,924 | 42,822 | 18,432 | 13,245 | 7,363 | 10,669 | 13,736 | 10,050 | 3,451 | |
14P |
8,432 | 8,432 | 8,245 | 7,363 | - | - | - | - | - | |
791/2 |
13,000 | - | - | - | - | - | - | - | - | |
691/2 |
24,493 | 34,390 | 10,000 | 5,000 | - | 4,000 | 8,488 | 6,186 | 186 | |
6920 |
- | - | - | - | - | - | 1,488 | 186 | 186 | |
6921 |
24,493 | 34,390 | 10,000 | 5,000 | - | 4,000 | 7,000 | 6,000 | - | |
694/7 |
13,000 | - | - | - | - | - | - | - | - | |
695 |
13,000 | - | - | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||
9087 |
1 | 0.2 | - | - | - | - | - | - | - | |
Hours worked1013 |
1,900 | 296 | - | - | - | - | - | - | - | |
| Document | ||||||||||
The notes to these accounts have 4 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 30-03-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-08-2025 | micro format | 30-03-2026 | 2026-00065539 | |
| 30-08-2024 | micro format | 31-03-2025 | 2025-00058617 | |
| 30-08-2023 | micro format | 06-04-2024 | 2024-00058582 | |
| 30-08-2022 | micro format | 04-04-2023 | 2023-00053042 | |
| 30-08-2021 | micro format | 21-03-2022 | 2022-08200177 | |
| 30-08-2020 | micro format | 29-03-2021 | 2021-08800012 | |
| 30-08-2019 | micro format | 06-03-2020 | 2020-06300441 | |
| 30-08-2018 | micro format | 20-02-2019 | 2019-05400381 | |
| 30-03-2017 | micro format | 13-03-2018 | 2018-06700591 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 201817 months | 201711 months |
|---|---|---|---|---|---|---|---|---|---|---|
| 36,515 | 64,948 | 26,235 | 5,872 | 8,720 | 11,243 | 16,070 | 12,252 | 5,605 | ||
| 26,305 | 36,316 | 11,837 | 5,997 | 3,861 | 8,588 | 12,429 | 8,705 | 4,330 | ||
| 0 | 0 | 1,653 | 4,126 | 0 | -9,919 | 20,303 | 2,046 | 1,900 | ||
| -15,237 | 29,368 | 3,860 | -4,247 | -3,789 | -24,496 | 29,053 | -3,362 | - | ||
| 94,099 | 80,794 | 76,414 | 34,294 | 29,783 | 25,922 | 7,415 | 15,289 | 8,630 | ||
| 7.7% | 13.4% | 7.1% | 1.5% | 2.0% | 2.0% | - | 5.2% | 1.6% | ||
| 74.3% | 73.8% | 40.5% | 27.4% | 49.0% | 35.7% | 19.2% | 22.2% | 27.8% | ||
| 3.89 | 3.75 | 2.95 | 1.34 | 1.88 | 1.45 | 1.07 | 1.27 | 1.34 | ||
| 0.35 | 0.35 | 1.47 | 2.65 | 1.04 | 1.80 | 4.20 | 3.49 | 2.60 | ||
| 26.0% | 41.5% | 21.0% | 15.4% | 2.1% | 17.1% | 37.5% | 41.3% | 35.8% | ||
| 19.3% | 30.6% | 8.5% | 4.2% | 1.0% | 6.1% | 7.2% | 9.2% | 9.9% | ||
| 69.20 | 4.15 | 2.51 | 28.41 | - | - | - | - | - | ||
| 22 days | 4 days | 25 days | 81 days | 20 days | 46 days | - | 101 days | 26 days | ||
| 19 days | 14 days | 39 days | 93 days | 47 days | 47 days | 54 days | 49 days | 21 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
| Item | 30-08-2025 | 30-08-2024 |
|---|---|---|
| Employees at the balance-sheet date | 1 | 1 |
| full-time | 1 | 1 |
| in full-time equivalents | 1 | 1 |
| 1 | 0.2 | |
| On a permanent contract | 1 | 1 |
| Joined | - | 1 |
| Left | - | 0 |
Source: social balance sheet in the 2024 to 2025 annual accounts
| Item | 30-08-2025 | 30-08-2024 | 30-08-2023 | 30-08-2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | €1,653 | €4,126 |
| €1,812 | €1,926 | €1,651 | €115 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is 45% lower than in 2024.
Debt's share of the balance-sheet total falls from 26.2% to 25.7%. Equity and debt are higher.
UTILCONSTRUCT has no parent and no holdings in its annual accounts.
See the function holders in the KBO register.
Deadline for the 2026 accounts: 30-03-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Autolei 62-64 registered office 2160 Wommelgem | 11-05-2016 | 2.253.012.664 |
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice. Use the enterprise number 0653.904.318
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