UTIS
ActiveSummary
The computed 12-month bankruptcy probability of UTIS is 3.5% (moderate). The 2024 annual accounts show equity of €58,215 and a net result of €41,389. Equity is growing by ~46.6% per year across the filed fiscal years. Its solvency ranks better than 70% of 36377 sector peers (fiscal year 2024). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
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Signals
This company filed its last 4 accounts on average 53 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, micro schema
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Peer companies
Historical observationOf the 26,964 companies that looked in July 2024 the way this one looks now, 1.5% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
A further 0.3% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 3.5% 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%.
| 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 26,964 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.
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | €27,220 | €3,899 | - | €9,788 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,292 | €2,136 | €4,299 | €5,978 | ▲ 39.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | €2,661 | - |
| Other operating charges640/8 | €109 | €36 | €689 | €355 | ▼ 48.4% |
| Gross operating margin9900 | €45,921 | €49,989 | €848 | €71,148 | ▲ 8,293% |
| Operating profit (loss)9901 | €17,300 | €43,919 | -€4,141 | €52,366 | ▲ 1,365% |
| Financial charges65/66B | €510 | €1,579 | €1,071 | €3,077 | ▲ 187% |
| Recurring financial charges65 | €510 | €1,579 | €1,071 | €3,077 | ▲ 187% |
| Profit (loss) for the period before taxes9903 | €16,790 | €42,340 | -€5,211 | €49,289 | ▲ 1,046% |
| Income taxes67/77 | €3,368 | €8,125 | - | €7,900 | - |
| Profit (loss) for the period9904 | €13,421 | €34,215 | -€5,211 | €41,389 | ▲ 894% |
| Profit (loss) for the period to be appropriated9905 | €13,421 | €34,215 | -€5,211 | €41,389 | ▲ 894% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €40,516 | €76,976 | €85,779 | €90,777 | ▲ 5.8% |
| Fixed assets21/28 | €9,127 | €9,106 | €13,628 | €18,472 | ▲ 35.5% |
| Tangible fixed assets22/27 | €9,127 | €9,106 | €13,628 | €18,472 | ▲ 35.5% |
| Plant, machinery and equipment23 | €1,286 | €3,069 | €4,887 | €10,450 | ▲ 114% |
| Furniture and vehicles24 | €7,841 | €6,037 | €8,741 | €8,022 | ▼ 8.2% |
| Current assets29/58 | €31,389 | €67,870 | €72,150 | €72,305 | ▲ 0.2% |
| Amounts receivable within one year40/41 | €25,637 | €66,516 | €69,010 | €53,099 | ▼ 23.1% |
| Trade receivables40 | €17,655 | €50,557 | €41,906 | €32,786 | ▼ 21.8% |
| Other amounts receivable41 | €7,981 | €15,959 | €27,104 | €20,313 | ▼ 25.1% |
| Cash at bank and in hand54/58 | €5,753 | €1,353 | €3,140 | €19,206 | ▲ 512% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €40,516 | €76,976 | €85,779 | €90,777 | ▲ 5.8% |
| Equity10/15 | €16,421 | €37,837 | €32,625 | €58,215 | ▲ 78.4% |
| Contributions10/11 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Capital10 | €3,000 | €3,000 | €3,000 | €3,000 | = |
| Issued capital100 | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Uncalled capital101 | €17,000 | €17,000 | €17,000 | €17,000 | = |
| Profit (loss) carried forward14 | €13,421 | €34,837 | €29,625 | €55,215 | ▲ 86.4% |
| Amounts payable17/49 | €24,095 | €39,139 | €53,153 | €32,562 | ▼ 38.7% |
| Amounts payable within one year42/48 | €24,095 | €39,139 | €53,153 | €32,562 | ▼ 38.7% |
| Trade debts44 | €18,005 | €14,029 | €27,395 | €17,778 | ▼ 35.1% |
| Suppliers440/4 | €18,005 | €14,029 | €27,395 | €17,778 | ▼ 35.1% |
| Taxes, remuneration and social security45 | €3,379 | €12,310 | €9,958 | €11,485 | ▲ 15.3% |
| Taxes450/3 | €3,368 | €12,310 | €9,948 | €11,348 | ▲ 14.1% |
| Remuneration and social security454/9 | €11 | - | €11 | €138 | ▲ 1,176% |
| Other amounts payable47/48 | €2,711 | €12,800 | €15,800 | €3,299 | ▼ 79.1% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,421 | €34,215 | -€5,211 | €41,389 | ▲ 894% |
| + Depreciation and write-downs630 | €1,292 | €2,136 | €4,299 | €5,978 | ▲ 39.0% |
| Operating cash flow (approximation) | €14,713 | €36,351 | -€912 | €47,367 | ▲ 5,294% |
| Investment in fixed assets (approximation) | - | -€2,115 | -€8,821 | -€10,822 | ▼ 22.7% |
| Change in cash | - | -€4,399 | €1,787 | €16,065 | ▲ 799% |
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
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Directors · office · real estate
2 establishment units
2 parcels
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25021D0279/00A000 | Wallonia | 2,099 m² | 1 · 232 m² | 9.8 m · 2 fl. |
| 23062B0386/00A008indicative | Flanders | 719 m² | 1 · 92 m² | 8.7 m · 2 fl. |
Linked by address, not proof of ownership
Similar companies · same sector, comparable size
Identification & contact
Register as of 26 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.