UTILYS
Open bankruptcyFinancials · financial year 2025, micro format
2025 annual accounts filed 86 days after the deadline Filed on 27 April 2026, deadline 31 January 2026 (7 months after the close on 30 June 2025, Companies Code art. 3:10). Source: NBB, 2026-00102143.
Annual accounts 2025 filed on 27-04-2026 at the NBB
Turnover
≈ €930,000
Estimated: probably between €810,000 and €1.1m
Total assets
€678,490
Net result
€253,185
Working capital
€160,427
Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
Assets €678,490
Fixed assets
€124,748
Current assets
€553,742
Equity and liabilities €678,490
Equity
€278,185
Debt
€400,305
Debt's share of the balance-sheet total is 59.0%.
Key figures and ratios
EBITDA
€344,188
Cash flow
€264,966
Current ratio
1.41
Debt to equity
1.44
ROE
91.0%
ROA
37.3%
Interest coverage
over 100
Debt ≤ 1 year
€393,315
Income taxes
€78,696
Staff costs
€68,248
Staff
| Item | 30-06-2025 |
|---|---|
| Employees at the balance-sheet date | 3 |
| full-time | 3 |
| part-time | 0 |
| in full-time equivalents | 3 |
| Average over the year, in full-time equivalents | 2 |
| On a permanent contract | 3 |
| Joined | 7 |
| Left | 4 |
Source: social balance sheet in the 2025 annual accounts
Investments
| Item | 30-06-2025 |
|---|---|
| Tangible fixed assets | €132,389 |
| Financial fixed assets | €4,140 |
| Depreciation and write-downs of the year | €11,781 |
Source: notes to the 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2025 |
|---|---|
| Remuneration, social security and pensions62 | €68,248 |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €11,781 |
| Other operating charges640/8 | €3,290 |
| Gross operating margin9900 | €415,725 |
| Operating profit (loss)9901 | €332,407 |
| Financial charges65/66B | €526 |
| Recurring financial charges65 | €526 |
| Profit (loss) for the period before taxes9903 | €331,881 |
| Income taxes67/77 | €78,696 |
| Profit (loss) for the period9904 | €253,185 |
| Profit (loss) for the period to be appropriated9905 | €253,185 |
| Line | 2025 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €678,490 | |
| Fixed assets21/28 | €124,748 | |
| Tangible fixed assets22/27 | €120,608 | |
| Plant, machinery and equipment23 | €3,382 | |
| Furniture and vehicles24 | €92,960 | |
| Other tangible fixed assets26 | €24,266 | |
| Financial fixed assets28 | €4,140 | |
| Current assets29/58 | €553,742 | |
| Amounts receivable within one year40/41 | €541,122 | |
| Trade receivables40 | €523,588 | |
| Other amounts receivable41 | €17,534 | |
| Cash at bank and in hand54/58 | €7,200 | |
| Deferred charges and accrued income490/1 | €5,420 | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €678,490 | |
| Equity10/15 | €278,185 | |
| Contributions10/11 | €25,000 | |
| Reserves13 | €253,185 | |
| Distributable reserves133 | €253,185 | |
| Amounts payable17/49 | €400,305 | |
| Amounts payable within one year42/48 | €393,315 | |
| Trade debts44 | €273,609 | |
| Suppliers440/4 | €273,609 | |
| Taxes, remuneration and social security45 | €112,739 | |
| Taxes450/3 | €78,728 | |
| Remuneration and social security454/9 | €34,011 | |
| Other amounts payable47/48 | €6,967 | |
| Accrued charges and deferred income492/3 | €6,990 | |
| Line | 2025 |
|---|---|
| Profit (loss) for the period9904 | €253,185 |
| + Depreciation and write-downs630 | €11,781 |
| Operating cash flow (approximation) | €264,966 |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (1)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | micro format | 27-04-2026 | 2026-00102143 |