Equity
-€10,981
Debts exceed assets in financial year 2025.
UTP
Lifetime
8 annual accounts with figures on one time axispeak €238,030 (2022)
-€959▼ €35,027
lowest -€25,169 (2020)
-€13,031▼ €12,147
peak €36,428 (2019)
-€10,981▼ €13,031
€443,574▲ 1.7%
peak 4.9 FTE (2020)
-not published
Board1 name since 2017
1 director
Documentsfilings and deeds
03-12-202533 days late
2025micro format
Gross margin from €34,068 to -€959Loss of €13,031Equity from €2,050 to -€10,981
Key points
from the 2025 annual accountsLosses
-€13,916 in two years
The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.
Debts
€443,574 103% of the balance sheet
Financial debts 84%Suppliers 11%Taxes and wages 0%Other 5%
Of this, €172,866 falls due within a year.
Filings
8 annual accounts 13 days past the deadline
2026 accounts not filed: deadline was 31-10-2026.
Starting capital
€18,600 186 shares
Position in the sector
-€10,981
Less equity than 91% of companies in construction of buildings. Sector median €45,781 · 10,155 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, 1,565 companies had the same profile as UTP has now. Each dot stands for 4 companies, two years later.
88.8%
were still trading
5.4%
stopped another way
5.1%
went bankrupt
Another 0.6% stopped without a precise date, possibly only after those two years.
Test of the method
The method was tested on the 497,762 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 1,565 companies, not a prediction for UTP. 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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Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0673934224
Incorporation
Founding capital of €18,600, 186 shares · Founder: · Appointment: (manager) · published on 10-04-2017 · Gazette deed
First establishment
BUILDING PASSION, Hemelrijkstraat 12, Nazareth-De Pinte
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| UTP Nazareth-De Pinte | €432,593 | -€959 | -2.5% | - |
| Criel Invest Evergem | €485,700 | -€5,185 | 82.3% | - |
| MON PETIT CHATEAU Kaprijke | €502,736 | -€22,382 | 62.7% | - |
| ANKA WOONPROJECT Destelbergen | €393,527 | -€1,256 | -15.9% | - |
| RPDP DEVELOPMENT Brussels | €421,640 | -€5,002 | 5.9% | - |
| L&V PROJECTS Wellen | €480,209 | -€3,965 | 35.7% | - |
| PARA-GIPS Brussels | €480,568 | -€3,761 | 20.7% | - |
These companies have the same main activity as UTP: general construction of residential buildings (NACE 41001). They are comparable in size and age: total assets between €394,000 and €503,000, founded between 2017 and 2018.
Official details
Source: KBO- Status
- Active since 06-04-2017Normal situation
- Activity
- General construction of residential buildingsNACE 41001
- Joint committees
- 124Construction
- 200Auxiliary committee for white-collar workers · annual accounts 31-03-2024
- Establishment unit
- 2.263.427.7919840 Nazareth-De Pinte, since 06-04-2017
- Financial year end
- 31 March
- Peppol
- Reachable since 27-03-2026
Insights on UTP
UTP files the micro format. That format states no turnover. The gross margin fell from €22,480 in 2018 to -€959 in 2025.
The balance sheet grew most from 2019 to 2020 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 UTP
- What is the company number of UTP?
- The company number of UTP is 0673.934.224. The VAT number is the same number with BE in front: BE 0673.934.224.
- Where is UTP based?
- The registered office is at Hemelrijkstraat 12, 9840 Nazareth-De Pinte.Company details
- What does UTP do?
- According to the KBO register, the main activity is general construction of residential buildings (NACE 41001).
- What is the legal form of UTP?
- UTP is a private limited company (pre-2019) (BVBA).
- When was UTP founded?
- UTP was founded on 06-04-2017.
- Is UTP still active?
- Yes, UTP is an active enterprise in the KBO register.
- How many employees does UTP have?
- UTP had an average of 2.1 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- Which joint committee does UTP fall under?
- In its 31-03-2024 annual accounts, UTP states joint committees 124 (Construction) and 200 (Auxiliary committee for white-collar workers).
- What is the turnover of UTP?
- The annual accounts for financial year 2025 state no turnover. The micro format does not require it.
- Is UTP profitable?
- In financial year 2025, UTP made a loss of €13,031.
- Where can I find the annual accounts of UTP?
- UTP filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
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 See which support similar companies received that this one did not.Subsidies
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