UTOR
ActiveUTOR has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €350k and a net result of €88k. Equity is shrinking by ~4.8% per year across the filed fiscal years. Its solvency ranks better than 39% of 210 sector peers (fiscal year 2026). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2026
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2025
Profitability66▲+16
Solvency41=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity tight (current ratio 1.09 against 1.08 in 2025; short-term debt: 77.4% and cash: 3.5% of total assets), and 84% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Eight signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2026Solvency, return and age of the figures
Solvency
16%
Return on assets
4%
Age of the figures
8 mo
neutral · A punctual record breaks
This company filed 5 consecutive financial years on time. The year that closed on 31-01-2026 was due by 31-08-2026 and was filed on 09-09-2026, 9 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2026
9 d late
2025
38 d early
2024
5 d early
2023
23 d early
2022
34 d early
2021
on the day
2020
25 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-01-2027 and is due by 31-08-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
20-09-2026 today31-01-2027 close31-08-2027 deadline
Financials · fiscal year 2026, abbreviated schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€88k▲ 170%
2025 · €33k
2019: €-114k
2020: €9k
2021: €262k
2022: €300k
2023: €49k
2024: €14k
2025: €33k
2019 → 2026
Working capital
€151k▲ 21.6%
2025 · €124k
2019: €1.23M
2020: €988k
2021: €1.16M
2022: €463k
2023: €361k
2024: €264k
2025: €124k
2019 → 2026
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20222023202420252026Trend
Equity€350k-€351k▲ 0.3%€349k▼ 0.4%€349k▼ 0.1%€350k▲ 0.4%
Operating result€351k-€84k▼ 76.0%€18k▼ 78.9%€71k▲ 297%€119k▲ 68.6%
Net result€300k-€49k▼ 83.7%€14k▼ 71.9%€33k▲ 138%€88k▲ 170%
Result per fiscal year
Operating resultNet result
After the dip in 2024 the operating result has climbed two years in a row; 2026 is 69% above 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €2.19M
Fixed assets
€343k▼ 19.8%
Current assets
€1.85M▲ 6.2%
Equity and liabilities €2.19M
Equity
€350k▲ 0.4%
Debt
€1.84M▲ 1.2%
The debt ratio rises from 83.9% to 84.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€211k▲
2025 · €177k
Cash flow
€180k▲
2025 · €139k
Solvency
16.0%▼
2025 · 16.1%
Current ratio
1.09▲
2025 · 1.08
Quick ratio
0.48▲
2025 · 0.46
Debt / equity
5.25▲
2025 · 5.21
ROE
25.2%▲
2025 · 9.4%
ROA
4.0%▲
2025 · 1.5%
Interest coverage
5.02▲
2025 · 3.56
Debt
€1.84M▲
2025 · €1.82M
Debt ≤ 1 year
€1.70M▲
2025 · €1.62M
Debt > 1 year
€142k▼
2025 · €201k
Income taxes
€12k▲
2025 · €11k
Staff costs
€684k▼
2025 · €712k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2026 against 2025
Balance sheet
Code20252026
Assets
Total assets20/58€2.17M€2.19M▲
Fixed assets21/28€428k€343k▼
Tangible fixed assets22/27€427k€342k▼
Plant, machinery and equipment23€270k€222k▼
Furniture and vehicles24€2k€780▼
Other tangible fixed assets26€155k€120k▼
Financial fixed assets28€1k€1k=
Current assets29/58€1.74M€1.85M▲
Stocks and contracts in progress3€1,000k€1.04M▲
Stocks30/36€1,000k€1.04M▲
Amounts receivable within one year40/41€673k€704k▲
Trade receivables40€13k€5k▼
Other amounts receivable41€660k€699k▲
Cash at bank and in hand54/58€46k€76k▲
Deferred charges and accrued income490/1€21k€30k▲
Equity and liabilities
Total equity and liabilities10/49€2.17M€2.19M▲
Equity10/15€349k€350k▲
Contributions10/11€300k€300k=
Capital10€300k€300k=
Issued capital100€300k€300k=
Reserves13€49k€49k=
Non-distributable reserves130/1€30k€30k=
Legal reserve130€30k€30k=
Tax-exempt reserves132€19k€19k=
Profit (loss) carried forward14€379€2k▲
Amounts payable17/49€1.82M€1.84M▲
Amounts payable after more than one year17€201k€142k▼
Financial debts170/4€201k€142k▼
Amounts payable within one year42/48€1.62M€1.70M▲
Current portion of amounts payable after more than one year42€174k€59k▼
Financial debts43€605k€605k=
Credit institutions430/8€605k€605k=
Trade debts44€666k€798k▲
Suppliers440/4€666k€798k▲
Taxes, remuneration and social security45€138k€122k▼
Taxes450/3€19k€16k▼
Remuneration and social security454/9€119k€106k▼
Other amounts payable47/48€33k€113k▲
Accrued charges and deferred income492/3€2k€1k▼
Income statement
Code20252026
Remuneration, social security and pensions62€712k€684k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€106k€92k▼
Other operating charges640/8€7k€5k▼
Gross operating margin9900€896k€900k▲
Operating profit (loss)9901€71k€119k▲
Financial income75/76B€23k€23k▲
Recurring financial income75€23k€23k▲
Financial charges65/66B€50k€42k▼
Recurring financial charges65€50k€42k▼
Profit (loss) for the period before taxes9903€44k€100k▲
Income taxes67/77€11k€12k▲
Profit (loss) for the period9904€33k€88k▲
Profit (loss) for the period to be appropriated9905€33k€88k▲
Appropriation of the result
Profit (loss) to be appropriated9906€33k€89k▲
Profit (loss) brought forward from the previous period14P€658€379▼
Profit to be distributed694/7€33k€87k▲
Return on contributions (dividend)694€33k€27k▼
Directors or managers695-€60k
Social balance
Average headcount (FTE)908718.1-
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2027, expected by
2026
09-09
NBB filing
Annual accounts filed
fiscal year 2026 · abbreviated schema · 9 days late
2025
24-07
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2024
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2023
08-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2022
28-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
31-01
Financial
Highest result since 2019net €300k ▲14.4%
Operating result €351k, net result €300k, both a record.
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
31-01
Financial
Equity above €500kEq €730k ▲55.9%
2 profitable years in a row build equity to €730k.
2020
25-09
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 25 days late
31-01
Financial
Back to profitnet €9k
Net result €9k after one loss-making year.
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2018
19-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2017
30-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Flémalle · 1 establishment unit since 2003
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.
Rue des Hêtres(IVR) 174400 FlémalleGround area
1.2 ha
Building footprint
3,586 m²
Volume, LiDAR
870 m³
2 parcels, Wallonia · tallest building 6.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
UTOR
since 20032.132.187.088
2 parcels
Wallonia
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 91013A0985/00Y003 | Wallonia | 9,728 m² | 1 · 3,399 m² | - |
| 62083C0895/00F004 | Wallonia | 2,158 m² | 1 · 187 m² | 6.5 m · 2 fl. |
Linked by address, not proof of ownership
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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteBeauraing2.132.187.088
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Of 1,720 companies in sector 47521 we hold annual accounts for 1,288. 1,038 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded17-03-2003
Fiscal year end31-01
Activities, NACEBEL
47521Retail sale of hardware, building materials, paint and glass (general range)
52462
Sources
Crossroads Bank for EnterprisesNational Bank · 22 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.