UTOPIA SERVICES
ActiveFrom the official registers: KBO 3 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
UTOPIA SERVICES has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €175,324 and a net result of €72,748. Equity is growing by about 67% per year across the filed financial years. Its solvency ranks better than 76% of 21,130 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Overview
Official details
KBO- Status
- Active since 19-12-2022 Normal situation
- Legal form
- Private limited company
- Registered office
- Merelplein 10, 1830 Machelen (Brab.)
- Activity
- Computer consultancy and computer facilities management NACE 62200and 2 others
- Establishment unit
- 2.341.004.928 1830 Machelen (Brab.), since 19-12-2022
- Financial year end
- 31 December
- Peppol
- Reachable since 23-03-2026
How it is doing
- Bankruptcy probabilitywithin 12 months
- < 0.1%
- Gross margin
- €88,420
- ▲ 10.2%
- Turnover
- ≈ €170,000
- estimated
- Profit
- €72,748
- ▲ 12.6%
- Equity
- €175,324
- ▲ 70.9%
- Total assets
- €217,068
- ▲ 55.6%
Why 98raises risk2 of the last 3 latelowers riskSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 5.18, cash €115,940Equity €175,324 (80.8% of total assets)Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 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 62, micro): better than 85% on solvency, 83% on liquidity, 82% on profitability and 85% on growth.
The bankruptcy probability was computed on 31-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 3 accounts on average 52 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.
Searched, nothing found (2)
Financials · financial year 2025, micro format
Annual accounts 2025
- Financial year ended
- 31-12-2025
- Filed on
- 26-06-2026
- Format
- micro format
- Reference
- 2026-00202587
2023 to 2025, 3 financial years
The operating result has risen two years in a row; 2025 is 9% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Peer companies
Historical observationOf the 39,278 companies that looked in July 2024 the way this one looks now, 1.8% went bankrupt within 24 months and 95.9% are still going.
- Micro
- 2 to 5 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
For this company itself Checked computes a lower bankruptcy probability: < 0.1% 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 497,445 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% 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 39,278 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 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €38 | - |
| Other operating charges640/8 | - | €146 | €787 | ▲ 438% |
| Gross operating margin9900 | €48,854 | €80,238 | €88,420 | ▲ 10.2% |
| Operating profit (loss)9901 | €48,854 | €80,092 | €87,595 | ▲ 9.4% |
| Financial income75/76B | - | €291 | €3,340 | ▲ 11× |
| Recurring financial income75 | - | €291 | €3,340 | ▲ 11× |
| Financial charges65/66B | - | €42 | €166 | ▲ 298% |
| Recurring financial charges65 | - | €42 | €166 | ▲ 298% |
| Profit (loss) for the period before taxes9903 | €48,854 | €80,341 | €90,769 | ▲ 13.0% |
| Income taxes67/77 | €13,877 | €15,742 | €18,021 | ▲ 14.5% |
| Profit (loss) for the period9904 | €34,977 | €64,599 | €72,748 | ▲ 12.6% |
| Profit (loss) for the period to be appropriated9905 | €34,977 | €64,599 | €72,748 | ▲ 12.6% |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €86,351 | €139,469 | €217,068 | ▲ 55.6% |
| Fixed assets21/28 | - | - | €763 | - |
| Tangible fixed assets22/27 | - | - | €763 | - |
| Plant, machinery and equipment23 | - | - | €763 | - |
| Current assets29/58 | €86,351 | €139,469 | €216,305 | ▲ 55.1% |
| Amounts receivable within one year40/41 | €9,962 | €39,073 | €100,365 | ▲ 157% |
| Trade receivables40 | €9,920 | €12,599 | €28,205 | ▲ 124% |
| Other amounts receivable41 | €42 | €26,473 | €72,160 | ▲ 173% |
| Cash at bank and in hand54/58 | €76,389 | €100,397 | €115,940 | ▲ 15.5% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €86,351 | €139,469 | €217,068 | ▲ 55.6% |
| Equity10/15 | €36,977 | €102,576 | €175,324 | ▲ 70.9% |
| Contributions10/11 | €2,000 | €3,000 | €3,000 | = |
| Capital10 | €2,000 | - | - | - |
| Issued capital100 | €2,000 | - | - | - |
| Reserves13 | €34,977 | €34,977 | €34,977 | = |
| Non-distributable reserves130/1 | €34,977 | - | - | - |
| Other1319 | €34,977 | - | - | - |
| Distributable reserves133 | - | €34,977 | €34,977 | = |
| Profit (loss) carried forward14 | - | €64,599 | €137,347 | ▲ 113% |
| Amounts payable17/49 | €49,374 | €36,893 | €41,744 | ▲ 13.1% |
| Amounts payable within one year42/48 | €49,374 | €36,893 | €41,744 | ▲ 13.1% |
| Trade debts44 | - | - | €542 | - |
| Suppliers440/4 | - | - | €542 | - |
| Taxes, remuneration and social security45 | €13,877 | €36,893 | €41,203 | ▲ 11.7% |
| Taxes450/3 | €13,877 | €36,893 | €41,203 | ▲ 11.7% |
| Other amounts payable47/48 | €35,497 | - | - | - |
| Line | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €34,977 | €64,599 | €72,748 | ▲ 12.6% |
| + Depreciation and write-downs630 | - | - | €38 | - |
| Operating cash flow (approximation) | €34,977 | €64,599 | €72,786 | ▲ 12.7% |
| Change in cash | - | €24,008 | €15,543 | ▼ 35.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| BHARDWAJ Pramod |
|
How the board is organised
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “TITEL IV. BESTUUR - CONTROLE Artikel 10. Bestuursorgaan De vennootschap wordt bestuurd door één of meer bestuurders, natuurlijke personen of…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Benoemd met of zonder beperking van duur, bestuursorgaan”“Geboekt op algemene kosten los van eventuele representatie- reis- en verplaatsingskosten, algemene vergadering beslist of mandaat al dan…”
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering in vormen statutenwijziging, op elk moment”
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Om welke reden en op welk ogenblik ook, bestuurder(s)_in_functie_krachtens_statuten_indien_geen_andere_benoemd”
Articles of association, deed of 21-12-2022
Owners and capital
Capital and shareholders
- BHARDWAJ Pramod 100 shares (100%)
- 21-12-2022 Incorporation · €3,000 · 100 shares
Shares according to the articles of association
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Gelijk recht in winstverdeling per aandeel, vergoeding voor inbrengen”“Op naam, ingeschreven in register van aandelen op naam met vermeldingen voorgeschreven door Wetboek van vennootschappen en…”
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Elke overdracht onder levenden zowel ten bezwarende als ten kosteloze titel zowel vrijwillig als gedwongen (uitsluiting en uittreding) zowel…”
Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
Articles of association, deed of 21-12-2022 (in Dutch)
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
21-12
Gazette deed
IncorporationAppointment: BHARDWAJ Pramod (niet statutair bestuurder) · Founder · Founding capital9 facts ▸
- Incorporation, “UTOPIA SERVICES” (deed in Dutch)
- Founder, BHARDWAJ Pramod
- Founding capital, €3,000
- Bank account, “vennootschap in oprichting, volstorting ingetekende aandelen” (deed in Dutch)
- Other provision, “inwerkingtreding_slot-en_overgangsbepalingen, eenparig door comparanten” (deed in Dutch)
- Registered office clause, “1830 Machelen,Merelplein,10” (deed in Dutch)
- Other provision, “website en email” (deed in Dutch)
- Board rule, 1
- Director appointment, BHARDWAJ Pramod (niet statutair bestuurder)
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
Register details
Who it is
KBO recordWhere it is based
What it does
NACEBEL 2025Invoicing and payment
Financial year and general meeting
Accounts at the NBBScores and ratios are computed by Checked and are not a credit decision.
Purpose, financial year and meetings according to the articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Alle activiteiten op het gebied van IT-consulting - IT-programmering - beheer van IT-installaties en IT-netwerken; Alle activiteiten op het…”
19 activities
- Alle activiteiten op het gebied van IT-consulting - IT-programmering - beheer van IT-installaties en IT-netwerken
- Alle activiteiten op het gebied van IT-engineering in de ruimste zin. Bedrijfstransformatie met behulp van bedrijfsapplicaties zoals SAP, Oracle, Microsoft Dynamics
- Het leveren van deskundige diensten op het gebied van gegevensanalyse, kunstmatige intelligentie en machinaal leren
- Softwareontwikkelingsdiensten om te voldoen aan specifieke bedrijfsbehoeften
- Technische architectuur en integratiediensten in een hybride cloudmodel
- Terbeschikkingstelling van gekwalificeerde middelen om aan de IT- en netwerkvereisten te voldoen
- Projectbeheer, opleiding en beheerde ondersteuningsdiensten
- Eigendom van zelfontwikkelde softwareproducten en intellectuele eigendomsrechten
- Human Resources – Aanwerving
- Gegevensverwerking - hosting van gegevens en aanverwante activiteiten
- Internetportalen - Webdesign en -ontwikkeling
- Vertaling en vertolking
- Import-export, verkoop en aankoop van alle goederen, producten en diensten van welke aard dan ook op de voorspelde en andere gebieden in de groot- en detailhandel
- Beheer – Logistiek
- Opleiding – Coaching
- Prospectie en onderhandeling van commerciële contracten en financiering
- Organisatie van evenementen (beurzen, tentoonstellingen, seminars, congressen, enz.)
- Vervoer van goederen en personen
- Organisatie van allerlei soorten evenementen: beurzen, tentoonstellingen, seminars, congressen, recepties, shows, enz
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- UTOPIA SERVICES
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, voor zover geen wijziging taalregime”
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Fourth Friday of June at 18:00
Articles of association, deed of 21-12-2022 (in Dutch)
Environmental permits: No permit applications found in Flanders.
Sites & property
1 establishment unit
Buildings and parcels at the address
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 23047B0024/00F000 | Flanders | 278 m² | 1 · 67 m² | 10.4 m · 3 |