Skip to content

UTOPIA HOLDING

Active
Private limited company·Interieurontwerp· 9 yrs active
Open bankruptcy
KBO/BCE: BE 0666.562.719
Watch Print / PDF
Age9 yrs
Staff (FTE)1.1
Real estate2 parcels · 8,012 m²

Summary

Conclusion

the dossier summarised in one paragraph

A bankruptcy procedure is open for UTOPIA HOLDING according to publications in the Belgian State Gazette. The file additionally contains 1 administrative flag. The 2023 annual accounts show equity of €359k and a net result of €61k.

Based on the State Gazette, CBE and 4 annual accounts.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Insolvency timeline

2 events
22-08-2025
KBO administration Address struck
Date: 10-06-2025 · Sterrebeeklaan 68 Die Sitzadresse Sterrebeeklaan 68 3080 Tervuren · Publications in State Gazette ↗
25-06-2025
Bankruptcy Opening
Date: 19-06-2025 · Ondernemingsrechtbank Leuven · UTOPIA HOLDING BV STER- REBEEKLAAN 68, 3080 TERVUREN · Publications in State Gazette ↗

Signals

1 signal · with evidence
Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 1158 sector peers (2023).
View the sector comparison

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Filing behaviour

From the deposit records, complete market-wide
Filing behaviour not assessed
The register records an open bankruptcy. From that point the trustee files and the ordinary seven-month rhythm no longer governs. The register carries no start date, so we cannot tell which filings fall before it: we show the facts and do not assess the behaviour.
Filed after the deadline
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 18-09-2024, 49 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
How we compute the deadline
The year end is derived from 7 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2023, that is 31-07-2024.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 nothing on record not filed -
31-12-2023 31-07-2024 18-09-2024 49 d late 2024-00470647
31-12-2022 31-07-2023 30-09-2023 61 d late 2023-00463814
31-12-2021 31-07-2022 29-09-2022 60 d late 2022-20446965
31-12-2020 31-07-2021 31-08-2021 31 d late 2021-65600026
31-12-2019 31-07-2020 02-10-2020 63 d late 2020-58700021
31-12-2018 31-07-2019 14-01-2020 167 d late 2020-00900355
31-12-2017 31-07-2018 16-10-2018 77 d late 2018-69400273

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
Register: open bankruptcy
The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.
Open bankruptcy
Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags

1 event
Address struck

Financials

Turnover€342k
EBIT margin9.3%
Net result€61k+1328.9%
Working capital€283k+47.1%
Directors1

Annual accounts & ratios

Source: NBB · 2023
Annual accounts filed on 18-09-2024 with the NBB · fiscal year 2023 · micro
€0€100k€200k€300kRevenue 2018: €342k€342kOperating result 2018: €32k€32kNet result 2018: €34k€34kOperating result 2019: €168k€168kNet result 2019: €189k€189kOperating result 2022: €15k€15kNet result 2022: €4k€4kOperating result 2023: €98k€98kNet result 2023: €61k€61k2018201920222023
RevenueOperating resultNet result
Sector comparison
Fiscal year 2023 · NACE 74 · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 16.5% 46.1%
better than 24% of 1158 sector peers
Net result €61k €10k
better than 90% of 1157 sector peers
Equity €359k €26k
better than 95% of 1159 sector peers
Gross operating margin €230k €26k
better than 95% of 1156 sector peers
Staff costs €32k €25k
higher than 56% of 197 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Revenue
€342k
- 18-23
EBITDA
€160k
+101.6% 18-23
Net profit
€61k
+1328.9% 18-23
Cash flow
€123k
+78.2% 18-23
Total assets
€2.18M
+46.1% 18-23
Equity
€359k
+20.2% 18-23
Working capital
€283k
+47.1% 18-23
Employees (FTE)
1
+10.0% 18-23
Staff costs
€32k
+4.3% 18-23
Income taxes
€21k
+149.3% 18-23
Dividends
€800
0.0% 18-23
Debt
€1.82M
+52.5% 18-23
Debt ≤ 1y
€1.74M
+60.9% 18-23
Debt > 1y
€68k
-31.7% 18-23
Current ratio
1.16
-1.3% 18-23
Quick ratio
1.16
-1.3% 18-23
Solvency
16.5%
-17.7% 18-23
Debt / equity
5.08
+26.9% 18-23
ROE
17.0%
+1088.9% 18-23
ROA
2.8%
+878.2% 18-23
Net margin
10.1%
- 18-23
EBITDA margin
20.9%
- 18-23
Interest coverage
10.13
-67.0% 18-23
Figures by fiscal year
Fiscal year2023
Depositmicro
Revenue-
EBITDA€160k
Net profit€61k
Cash flow€123k
Staff costs€32k
Income taxes€21k
Dividends€800
Total assets€2.18M
Equity€359k
Debt€1.82M
of which ≤ 1y€1.74M
of which > 1y€68k
Working capital€283k
Employees (FTE)1.1
Ratios (computed)
2023
Current ratio1.16
Quick ratio1.16
Working capital ratio12.9%
Solvency16.5%
Debt / equity5.08
Long-term debt ratio0.19
Interest coverage10.13
Gross margin-
Net margin-
ROA2.8%
ROE17.0%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2023
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2023
Balance sheet, Assets
TOTAL ASSETS 20/58€2.18M
Fixed assets 21/28€157k
Tangible fixed assets 22/27€127k
Financial fixed assets 28€30k
Current assets 29/58€2.03M
Amounts receivable within one year 40/41€2.01M
Cash & bank 54/58€1k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€2.18M
Equity 10/15€359k
Contributions / capital 10/11€6k
Reserves 13€2k
Accumulated profits (losses) 14€351k
Amounts payable 17/49€1.82M
Amounts payable after one year 17€68k
Amounts payable within one year 42/48€1.74M
Trade debts payable within one year 44€540k
Income statement
Gross operating margin 9900€230k
Operating result 9901€98k
Financial income 75€0
Financial charges 65€16k
Result before taxes 9903€83k
Income taxes 67/77€21k
Net result for the period 9904€61k
Result to be appropriated 9905€61k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2023 · computed
16 / 100 Critical
050100
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

See plans →
Computed by Checked from the NBB filing for FY 2023 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Directors

Directors & mandates

Not yet read from the acts

5 acts for this company are in the Belgian State Gazette, of which we have read 0. This is therefore not a statement about the company: we have not extracted its directors from those acts yet.

Insolvency mandates

1 mandate
Role Name Tenure Source
Curator LIES DEWAEL
ZOUTLEEUWSTRAAT 52, 3404 ATTEN- HOVEN
 19-06-2025 → present Belgian State Gazette

Legal Structure

NACE primary Interieurontwerp(74130)
Legal form Private limited company(610)
Incorporation22-11-2016
StatusActive
Postal code-
First BS signal 25-06-2025
Latest BS signal 25-06-2025

Structure & network

Ownership & control

No ownership or control structure found in the sources.

For this we read shareholding and parent/subsidiary relations from the acts in the Belgian State Gazette, plus the board seats that legal entities hold in one another. Nothing of the sort is published for this company, which is common: most Belgian companies do not publish a shareholding structure.

1 court or liquidation mandate is on record for this company. Such a mandate is a fact about the company itself, not about a tie to another one: two bankruptcies handled by the same receiver are two separate cases. They are listed under Directors & mandates.

Locations & real estate

Registered office

from the Crossroads Bank
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Establishment units

1 location
AEM HOLDING
Leuvensesteenweg 323, 1932 ZaventemDetailhandel in auto's en lichte bestelwagens (= 3,5 ton)
since 20192.287.904.653
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels2
Ground area8,012 m²
Buildings2
Building footprint2,381 m²
Volume (LiDAR)21,945 m³
Tallest building14.6 m · ±3 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23078A0288/00D000 Flanders 5,933 m² 1 · 1,962 m² 14.6 m · 3 fl.
24104B0030/00V000 Flanders 2,079 m² 1 · 419 m² 14.5 m · 2 fl.
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

2 events from the State Gazette
22-08-2025
KBO administration Address struck
Date: 10-06-2025 · Sterrebeeklaan 68 Die Sitzadresse Sterrebeeklaan 68 3080 Tervuren · Publications in State Gazette ↗
25-06-2025
Bankruptcy Opening
Date: 19-06-2025 · Ondernemingsrechtbank Leuven · UTOPIA HOLDING BV STER- REBEEKLAAN 68, 3080 TERVUREN · Publications in State Gazette ↗

Time machine: BS events + macro context

2021-2026
COVID lockdownEnergiecrisisECB hikes2021202220232024202520262025-06-25 · Bankruptcy · Opening2025-08-22 · KBO administration · Address struck
Macro context
2020-Q2/Q3 COVID lockdown
2022 energy crisis
2023-2024 ECB rate hikes
Legend
Bankruptcy
Interim / reorg
KBO event

Belgisch Staatsblad · acts

1 acts
All acts · 1 updated 2 years ago
2024
04-03-2024 Change in the board of directors Director changes·Joost DE POTTER
Notary: Joost DE POTTER · Sint-Joost-ten-Node

Analysis

Snowflake analysis

financial profile on 5 axes
Health16Profitability85Solvency26Growth78Stability0
41 / 100

Fragile profile, watch stability in particular.

All 5 axes are computed from data Checked has read.

Health 16
Profitability 85
Solvency 26
Growth 78
Stability 0

Ask AI about this company

Checked AI

Soon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.

TryWhat are the main risks?Any recent red flags?Compare to sector peers
Coming soon

AI due-diligence brief

Checked AI

Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.

Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works

Credit advice

verdict per customer and amount

Should this customer buy amount X on invoice? Enter the amount and payment terms, you get an instant GREEN/AMBER/RED verdict, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Comparable size, same sector
We hold annual accounts for 114 of the 1,453 companies in this sector. 55 of them are within a factor 10 of this company's equity.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Activiteiten van interieurdecorateurs74104Interieurontwerp74130Overige werkzaamheden in verband met de afwerking van gebouwen43350Overige werkzaamheden in verband met de afwerking van gebouwen43390Detailhandel in auto's en lichte bestelwagens (= 3,5 ton)45113Detailhandel in huismeubilair47551Detailhandel in huismeubilair in gespecialiseerde winkels47591Detailhandel in auto's en lichte bestelwagens (<= 3,5 ton)47811
Primary activity highlighted.
Names & trade names
Legal nameNL UTOPIA HOLDING
Registration history
  1. 10-06-2025 Address struck
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.