UTOPIA
ActiveSummary
The computed 12-month bankruptcy probability of UTOPIA is 5.1% (elevated). The 2025 annual accounts show negative equity (-€14,565) and a net result of -€2,789. Its solvency ranks better than 5% of 34,972 sector peers (NACE 43, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 31-01-2023 Normal situation
- Activity
- Roofing work NACE 43410and 6 others
- Establishment unit
- 2.343.516.832 2390 Malle, since 31-01-2023
- Financial year end
- 30 September
- Peppol
- Reachable since 15-02-2026
Board and ownership
- BADEDirector · since 31-01-2023 · permanent representative BASTIAENSEN Dennis
- Facility & Event ServicesDirector · since 31-01-2023 · permanent representative SCHELLEMANS Xavier Désiré Eric Paul
- De Jong KyaraDirector
- Svitlychnyi Serhii1 shareact of 22-09-2026
Financial position
- Bankruptcy probabilitywithin 12 months
- 5.1%
- Gross margin
- -€2,715
- ▲ 88.7%
- Loss
- €2,789
- ▼ 89.6%
- Equity
- -€14,565
- ▼ 23.7%
- Total assets
- €1,026
- ▼ 33.8%
- Negative equity on 30-09-2025
- 2025 accounts filed 131 days after the deadline
Score breakdownraises riskLast filed accounts filed 131 days late; 1 of the last 3 accounts late1 change of registered office in 24 monthslowers riskSize: total assets €1,026Liquidity: current ratio 0.07, cash €234Show the evidence
Checked score
About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 43, micro). It does better than 3% of them on solvency, 17% on liquidity, 4% on profitability and 16% on growth.
The bankruptcy probability was computed on 04-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 65 days after the deadline. In the sector (NACE 43), the median for financial year 2024 was 1 day before the deadline, and 43% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
2025 annual accounts filed 131 days after the deadline Filed on 8 September 2026, deadline 30 April 2026 (7 months after the close on 30 September 2025, Companies Code art. 3:10). Source: NBB, 2026-00509811.
Annual accounts 2025 filed on 08-09-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is a loss of €2,833, smaller than the loss of €26,742 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Goods, raw materials, services and sundry goods60/61 | - | €2,628 | - |
| Remuneration, social security and pensions62 | €1,511 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,119 | - | - |
| Other operating charges640/8 | €100 | €118 | ▲ 18.0% |
| Gross operating margin9900 | -€24,012 | -€2,715 | ▲ 88.7% |
| Operating profit (loss)9901 | -€26,742 | -€2,833 | ▲ 89.4% |
| Financial charges65/66B | €33 | -€44 | - |
| Recurring financial charges65 | €33 | -€44 | - |
| Profit (loss) for the period before taxes9903 | -€26,776 | -€2,789 | ▲ 89.6% |
| Profit (loss) for the period9904 | -€26,776 | -€2,789 | ▲ 89.6% |
| Profit (loss) for the period to be appropriated9905 | -€26,776 | -€2,789 | ▲ 89.6% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €1,550 | €1,026 | ▼ 33.8% |
| Formation expenses20 | €967 | - | - |
| Current assets29/58 | €582 | €1,026 | ▲ 76.2% |
| Amounts receivable within one year40/41 | €419 | - | - |
| Other amounts receivable41 | €419 | - | - |
| Cash at bank and in hand54/58 | €54 | €234 | ▲ 330% |
| Deferred charges and accrued income490/1 | €109 | €792 | ▲ 624% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €1,550 | €1,026 | ▼ 33.8% |
| Equity10/15 | -€11,776 | -€14,565 | ▼ 23.7% |
| Contributions10/11 | €15,000 | €15,000 | = |
| Profit (loss) carried forward14 | -€26,776 | -€29,565 | ▼ 10.4% |
| Amounts payable17/49 | €13,325 | €15,591 | ▲ 17.0% |
| Amounts payable within one year42/48 | €13,325 | €14,172 | ▲ 6.4% |
| Trade debts44 | - | €846 | - |
| Suppliers440/4 | - | €846 | - |
| Other amounts payable47/48 | €13,325 | €13,325 | = |
| Accrued charges and deferred income492/3 | - | €1,419 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€26,776 | -€2,789 | ▲ 89.6% |
| + Depreciation and write-downs630 | €1,119 | - | - |
| Operating cash flow (approximation) | -€25,656 | -€2,789 | ▲ 89.1% |
| Change in cash | - | €180 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 7,639 companies had the same profile as UTOPIA has now. Two years later, 84.8% were still going and 8.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.7% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of UTOPIA itself: 5.1% within 12 months.
Test of the method
The method was tested on the 497,446 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 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
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 7,639 companies, not a prediction for UTOPIA. 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.
Board & ownership
Directors
Board 3
Permanent representatives 2
Owners and capital
Shareholders
- Svitlychnyi Serhii 1 share
- De Jong Kyara to Svitlychnyi Serhii 1 share
- De Jong Kyara all shares
- Facility & Event Services to De Jong Kyara all shares
- Bade to De Jong Kyara all shares
- BADE (BE 0842.123.712) founder
- FACILITY & EVENT SERVICES (BE 0714.958.096) founder
Capital transactions
Act of 22-09-2026Transfer of 1 share from De Jong Kyara to Svitlychnyi SerhiiSvitlychnyi Serhii holds 1 share
- 02-02-2023 Incorporation · €15,000 · 100 shares
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| BADE |
|
| Facility & Event Services |
|
| De Jong Kyara |
|
Network & group
UTOPIA shares no director with another company.
Companies at the same address
1 other companyConnections & network
3 current directorsThe network starts from the directors of UTOPIA. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
22-09
Gazette deed
Transfer of 1 share from De Jong Kyara to Svitlychnyi SerhiiSvitlychnyi Serhii holds 1 share4 points ▸
- General meeting, 02-03-2026
- Share transfer, De Jong Kyara → Svitlychnyi Serhii, 1 share
- Svitlychnyi Serhii holds 1 share
- Director in office, De Jong Kyara (director)
27-11
Gazette deed
Registered office moved from Malle to VosselaarTransfer of 50 shares from Facility & Event Services to De Jong Kyara · Transfer of 50 shares from Bade to De Jong Kyara · New seat: Antwerpsesteenweg 63, 2350 Vosselaar9 points ▸
- General meeting, 01-04-2025
- Registered-office move, Antwerpsesteenweg 63, 2350 Vosselaar
- Director resignation, Facility & Event Services
- Director resignation, Bade
- Director appointment, De Jong Kyara (director)
- Share transfer, Facility & Event Services → De Jong Kyara, 50 shares
- Share transfer, Bade → De Jong Kyara, 50 shares
- De Jong Kyara holds all the shares
- Purpose change, “Afwerking van gebouwen; Schilderen van het binnen-en buitenwerk van gebouwen; Installatie van al dan niet verplaatsbare tussenwanden; De bekleding van…” (deed in Dutch)
02-02
Gazette deed
IncorporationFounding capital of €15,000, 100 shares · Founders: BADE and FACILITY & EVENT SERVICES · Appointments: BADE (director) and FACILITY & EVENT SERVICES (director)8 points ▸
- Incorporation, 31-01-2023
- Founder, BADE
- Founder, FACILITY & EVENT SERVICES
- Founding capital, €15,000, 100 shares
- Director appointment, BADE (director (not named in the articles))
- Director appointment, FACILITY & EVENT SERVICES (director (not named in the articles))
- Permanent representative, BASTIAENSEN Dennis
- Permanent representative, SCHELLEMANS Xavier Désiré Eric Paul
- The act holds 3 more points.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordRegistered office and establishments
1 former office
- Korenbloemlaan 8, 2390 Malle until the act of 27-11-2025
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
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 0797.830.443
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 13046B0028/00D002 | Flanders | 2,085 m² | 1 · 125 m² | 10.8 m · 3 |
| 11032A0425/00T000 | Flanders | 678 m² | 1 · 124 m² | 8.3 m · 2 |