Equity
€36,989 from €66,257 in 2016
Equity fell by 44% in 9 years.
Utopi
Lifetime
16 annual accounts with figures on one time axispeak €45,649 (2011)
-€15,300▼ €22,554
lowest -€23,807 (2025)
-€23,807▼ €27,457
peak €66,257 (2016)
€36,989▼ 39.2%
€98,634▲ 81.2%
peak 1 FTE (2011)
-not published
Board2 names since 2017
1 director
Documentsfilings and deeds
28-09-202659 days late
2025micro format
Gross margin from €7,253 to -€15,300Loss of €23,807Equity from €60,797 to €36,989Debts from €54,443 to €98,634Investments €54,946Cash from €2,161 to €2,847
Key points
from the 2025 annual accountsDebts
€98,634 73% of the balance sheet
Financial debts 34%Suppliers 23%Taxes and wages 32%Other 10%
Of this, €63,477 falls due within a year.
Investments
€54,946 7.2 × depreciation
Green is investment, beige is depreciation.
Liquidity
1.37 was 2.13 in 2024
Short-term debts rose from €53,593 to €63,477.
Filings
16 annual accounts since 2010
Three of the last ten came late. The 2021 accounts came latest: 78 days after the end of the period.
Position in the sector
-€23,807
Lower net result than 94% of companies in specialised construction. Sector median €10,190 · 35,144 companies.
Turnover not published (micro format)
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 1,294 companies had the same profile as Utopi has now. Each dot stands for 4 companies, two years later.
89.6%
were still trading
5.9%
stopped another way
4.1%
went bankrupt
Another 0.4% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,331 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 1,294 companies, not a prediction for Utopi. 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.
Credit verdict
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0809846169
Amendment of the articles · Legal-form change
Gazette deed
Registered office moved within Lokeren
New registered office: Hillarestraat 120, 9160 Lokeren · Previous registered office: Roomstraat 48 bus 2, 9160 Lokeren · Resignation: (manager) · Gazette deed
Incorporation
published on 18-02-2009 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| Utopi Lokeren | €135,623 | -€15,300 | 27.3% | - |
| BOUCHÉ MATHIEU Aalter | €123,215 | -€3,318 | 67.6% | - |
| De Beule & partners Berlare | €116,032 | -€7,789 | 86.9% | - |
| ELEKTROTECHNIEK SVEN WUYTS Wijnegem | €138,651 | -€32,166 | -7.0% | - |
| VDB TECHNICS Middelkerke | €151,989 | -€346 | 8.6% | - |
| SQUARE 1 Puurs-Sint-Amands | €148,958 | -€2,245 | 17.0% | - |
| BINK TECHNISCHE AANNEMINGEN Hoogstraten | €150,525 | -€3,803 | 35.5% | - |
These companies have the same main activity as Utopi: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €116,000 and €152,000, founded between 2007 and 2010.
Official details
Source: KBO- Status
- Active since 16-02-2009Normal situation
- Activity
- General electrical installation workNACE 43211and 4 others
- Establishment unit
- 2.177.281.7949160 Lokeren, since 16-02-2009
- Financial year end
- 31 December
- Peppol
- Reachable since 21-10-2025
Insights on Utopi
Utopi files the micro format. That format states no turnover. The gross margin fell from €35,472 in 2010 to -€15,300 in 2025.
The balance sheet grew most from 2024 to 2025 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about Utopi
- What is the company number of Utopi?
- The company number of Utopi is 0809.846.169. The VAT number is the same number with BE in front: BE 0809.846.169.
- Where is Utopi based?
- The registered office is at Hillarestraat 120, 9160 Lokeren.Company details
- What does Utopi do?
- According to the KBO register, the main activity is general electrical installation work (NACE 43211).
- What is the legal form of Utopi?
- Utopi is a private limited company (BV).
- When was Utopi founded?
- Utopi was founded on 16-02-2009.
- Is Utopi still active?
- Yes, Utopi is an active enterprise in the KBO register.
- What is the turnover of Utopi?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.Financials
- Is Utopi profitable?
- In financial year 2025, Utopi made a loss of €23,807.
- Where can I find the annual accounts of Utopi?
- Utopi filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of Utopi due?
- Utopi must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
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