UTILE FAST
ActiveSummary
The computed 12-month bankruptcy probability of UTILE FAST is 2.7% (moderate). The 2025 annual accounts show equity of €721,642 and a net result of €213,978. Equity is growing by ~49.3% per year across the filed fiscal years. Its solvency ranks better than 22% of 10552 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability73▼-2
Solvency37▼-1
Growth78=
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €30,000 at 30 days acceptable
Liquidity short (current ratio 0.74 against 0.72 in 2024; short-term debt: 82.8% and cash: 15.9% of total assets), and 88.3% of the assets are financed with debt.
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Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+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 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
11.7%
Return on assets
3.5%
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 10552 sector peers (2025).
NBB · sector comparisonPosition among 10552 sector peers
Solvency
better than 22%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 03-07-2026, 28 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
28 d early
2024
27 d late
2023
25 d late
2022
29 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 4 accounts on average 13 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 47% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 27 August (3 of the last 4 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€213,978▲ 4.6%
2024 · €204,508
Working capital
-€1.3m▼ 36.1%
2024 · -€976,955
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
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.Sector: the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2022202320242025
Operating result€150,652-€188,157▲ 24.9%€272,817▲ 45.0%€293,937▲ 7.7%
Net result€115,721above the sector's middle half-€167,436above the sector's middle half▲ 44.7%€204,508above the sector's middle half▲ 22.1%€213,978above the sector's middle half▲ 4.6%
Equity€135,721above the sector's middle half-€303,156within the sector's middle half▲ 123%€507,664within the sector's middle half▲ 67.5%€721,642above the sector's middle half▲ 42.1%
Total assets€842,126above the sector's middle half-€2.8mabove the sector's middle half▲ 230%€4.0mabove the sector's middle half▲ 43.2%€6.2mabove the sector's middle half▲ 55.5%
Debt€706,406-€2.5m▲ 250%€3.5m▲ 40.2%€5.5m▲ 57.4%
Working capital€134,701above the sector's middle half--€866,396below the sector's middle half-€976,955below the sector's middle half▼ 12.8%-€1.3mbelow the sector's middle half▼ 36.1%
Solvency16.1%within the sector's middle half-10.9%below the sector's middle half▼ 5.2pp12.8%below the sector's middle half▲ 1.9pp11.7%below the sector's middle half▼ 1.1pp
Current ratio1.19within the sector's middle half-0.65below the sector's middle half▼ 0.540.72below the sector's middle half▲ 0.070.74below the sector's middle half▲ 0.02
Return on assets (ROA)13.7%above the sector's middle half-6.0%within the sector's middle half▼ 7.7pp5.1%within the sector's middle half▼ 0.9pp3.5%within the sector's middle half▼ 1.7pp
above
within
below
the middle half (P25 to P75) of NACE 47, Retail trade, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result has risen three years in a row; 2025 is 8% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6.2m
Fixed assets
€2.4m ▲ 61.3%
Current assets
€3.8m ▲ 52.0%
Equity and liabilities €6.2m
Equity
€721,642 ▲ 42.1%
Debt
€5.5m ▲ 57.4%
Debt's share of the balance-sheet total rises from 87.2% to 88.3%. Equity and debt are higher.
Key figures and ratios
EBITDA
€325,571▲
2024 · €279,077
Cash flow
€245,612▲
2024 · €210,768
Debt to equity
7.57▲
2024 · 6.83
ROE
29.7%▼
2024 · 40.3%
Interest coverage
26.67▼
2024 · 1287.73
Debt ≤ 1 year
€5.1m▲
2024 · €3.5m
Debt > 1 year
€343,945
Income taxes
€72,003▲
2024 · €68,092
Staff costs
€79,728
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 1,211 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 97% are still going.
- Medium-sized
- solvency 10 to 30%
- a profit under 5% of the balance sheet
- without age
0.7%
went bankrupt
1.8%
stopped otherwise
97%
still going
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 2.7% 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 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 1,211 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
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €12,785 | - | €79,728 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13 | €2,671 | €6,261 | €31,635 | ▲ 405% |
| Other operating charges640/8 | - | €10,399 | €33,971 | €205,528 | ▲ 505% |
| Gross operating margin9900 | €150,665 | €214,013 | €313,048 | €610,827 | ▲ 95.1% |
| Operating profit (loss)9901 | €150,652 | €188,157 | €272,817 | €293,937 | ▲ 7.7% |
| Financial income75/76B | - | €52 | €0 | €4,251 | ▲ 4,723,533% |
| Recurring financial income75 | - | €52 | €0 | €4,251 | ▲ 4,723,533% |
| Financial charges65/66B | €19 | €103 | €217 | €12,207 | ▲ 5,533% |
| Recurring financial charges65 | €19 | €103 | €217 | €12,207 | ▲ 5,533% |
| Profit (loss) for the period before taxes9903 | €150,633 | €188,107 | €272,600 | €285,981 | ▲ 4.9% |
| Income taxes67/77 | €34,913 | €20,671 | €68,092 | €72,003 | ▲ 5.7% |
| Profit (loss) for the period9904 | €115,721 | €167,436 | €204,508 | €213,978 | ▲ 4.6% |
| Profit (loss) for the period to be appropriated9905 | €115,721 | €167,436 | €204,508 | €213,978 | ▲ 4.6% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €842,126 | €2.8m | €4.0m | €6.2m | ▲ 55.5% |
| Fixed assets21/28 | €1,020 | €1.2m | €1.5m | €2.4m | ▲ 61.3% |
| Tangible fixed assets22/27 | €1,020 | €56,097 | €331,294 | €1.2m | ▲ 275% |
| Land and buildings22 | - | - | €277,432 | €1.2m | ▲ 329% |
| Plant, machinery and equipment23 | - | - | - | €1,466 | - |
| Furniture and vehicles24 | €1,020 | €56,097 | €53,862 | €51,277 | ▼ 4.8% |
| Financial fixed assets28 | - | €1.1m | €1.2m | €1.2m | = |
| Current assets29/58 | €841,107 | €1.6m | €2.5m | €3.8m | ▲ 52.0% |
| Amounts receivable within one year40/41 | €527,170 | €1.1m | €1.6m | €2.8m | ▲ 73.4% |
| Trade receivables40 | €507,170 | €1.1m | €1.6m | €2.5m | ▲ 55.0% |
| Other amounts receivable41 | €20,000 | - | - | €297,984 | - |
| Cash at bank and in hand54/58 | €313,937 | €478,373 | €873,644 | €980,814 | ▲ 12.3% |
| Deferred charges and accrued income490/1 | - | €255 | €265 | €845 | ▲ 218% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €842,126 | €2.8m | €4.0m | €6.2m | ▲ 55.5% |
| Equity10/15 | €135,721 | €303,156 | €507,664 | €721,642 | ▲ 42.1% |
| Contributions10/11 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Profit (loss) carried forward14 | €115,721 | €283,156 | €487,664 | €701,642 | ▲ 43.9% |
| Amounts payable17/49 | €706,406 | €2.5m | €3.5m | €5.5m | ▲ 57.4% |
| Amounts payable after more than one year17 | - | - | - | €343,945 | - |
| Financial debts170/4 | - | - | - | €343,945 | - |
| Amounts payable within one year42/48 | €706,406 | €2.5m | €3.5m | €5.1m | ▲ 47.5% |
| Current portion of amounts payable after more than one year42 | - | - | - | €34,065 | - |
| Trade debts44 | €511,984 | €2.3m | €3.2m | €4.8m | ▲ 47.9% |
| Suppliers440/4 | €511,984 | €2.3m | €3.2m | €4.8m | ▲ 47.9% |
| Taxes, remuneration and social security45 | €149,422 | €128,378 | €183,107 | €296,880 | ▲ 62.1% |
| Taxes450/3 | €149,422 | €122,088 | €178,655 | €291,316 | ▲ 63.1% |
| Remuneration and social security454/9 | - | €6,289 | €4,452 | €5,564 | ▲ 25.0% |
| Other amounts payable47/48 | €45,000 | €48,027 | €70,963 | €31,035 | ▼ 56.3% |
| Line | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €115,721 | €167,436 | €204,508 | €213,978 | ▲ 4.6% |
| + Depreciation and write-downs630 | €13 | €2,671 | €6,261 | €31,635 | ▲ 405% |
| Operating cash flow (approximation) | €115,733 | €170,107 | €210,768 | €245,612 | ▲ 16.5% |
| Investment in fixed assets (approximation) | - | -€1.2m | -€321,328 | -€942,250 | ▼ 193% |
| Change in cash | - | €164,437 | €395,270 | €107,171 | ▼ 72.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
03-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Highest result since 2022net €213,978 ▲4.6%
Operating result €293,937, net result €213,978, both a record.
27-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 27 days late
2024
31-12
Financial
Equity above €500,000Eq €507,664 ▲67.5%
3 profitable years in a row build equity to €507,664.
25-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 25 days late
2023
31-12
Financial
Equity above €200,000Eq €303,156 ▲123%
2 profitable years in a row build equity to €303,156.
29-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 29 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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-Gillis (bij-Brussel) · 1 establishment unit since 2022
Ground area
510 m²
Building footprint
289 m²
Volume, LiDAR
6,140 m³
Parcel 21013B0371/00R019, Brussels · tallest building 26.2 m, ±7 floors. Linked by address, not a title deed.
46
companies at this address
See who is registered here
1 establishment unit
UTILE FAST
since 20222.347.588.357
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21013B0371/00R019 | Brussels | 510 m² | 1 · 289 m² | 26.2 m · 7 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.
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Of 3,043 companies in sector 47221 we hold annual accounts for 1,566. 944 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
Founded03-02-2022
Fiscal year end31-12
Activities, NACEBEL 2025
10111Manufacture of food products
47221Retail sale of meat and meat products, excluding game and poultry
10130Manufacture of food products
E-invoicing
Reachable via Peppol
Peppol ID
0208:0781583537
Also
9925:BE0781583537
Registered
08-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.