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UXGROUNDS

Active
Private limited companyfounded 2024active for 1 yearRue Gilles Magnée 172, 4430 Ans, BelgiumKBO/BCE: BE 1016.672.440

Financials · financial year 2025, micro format

Annual accounts 2025 filed on 19-06-2026 at the NBB all 2 filings

Turnover
€0
Total assets
€52,138▲ 34×
2024 · €1,541
Net result
€30,325
2024 · -€1,847
Working capital
€19,663▲ 17×
2024 · €1,153
Multi-year overview
2024 to 2025, 2 financial years
Turnover
€0
2025
20242025
Operating result
€42,294
2025
20242025
Net result
€30,325
2025
middle half of the sector
20242025
Equity
€23,778
▲ 21× 2025
middle half of the sector
20242025
Total assets
€52,138
▲ 34× 2025
lowest quarter of the sector
20242025
Debt
€28,360
▲ 73× 2025
20242025
Working capital
€19,663
▲ 17× 2025
middle half of the sector
20242025
Solvency
45.6%
2025
middle half of the sector
20242025
Current ratio
1.69
2025
middle half of the sector
20242025
Return on assets (ROA)
58.2%
2025
highest quarter of the sector
20242025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20242025
Turnover€0
Operating result-€1,847-€42,294
Net result-€1,847below the sector's middle half-€30,325within the sector's middle half
Equity€1,153below the sector's middle half-€23,778within the sector's middle half▲ 21×
Total assets€1,541below the sector's middle half-€52,138below the sector's middle half▲ 34×
Debt€387-€28,360▲ 73×
Working capital€1,153below the sector's middle half-€19,663within the sector's middle half▲ 17×
Solvency45.6%within the sector's middle half
Current ratio1.69within the sector's middle half
Return on assets (ROA)58.2%above the sector's middle half
above within below The sector band is the middle half of the companies in Activities of head offices; management consultancy activities (NACE 70). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is a profit of €42,294, after a loss of €1,847 in 2024.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €52,138
Fixed assets €4,115
Current assets €48,023
Equity and liabilities €52,138
Equity €23,778 ▲ 21×
Debt €28,360 ▲ 73×
Debt's share of the balance-sheet total rises from 25.1% to 54.4%. Equity and debt are higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€43,143
Cash flow
€31,173
Debt to equity
1.19
ROE
127.5%
Interest coverage
over 100
Debt ≤ 1 year
€28,360▲
2024 · €387
Income taxes
€11,942
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Investments

fixed assets acquired
Item20242025
Tangible fixed assets-€4,963
Depreciation and write-downs of the year-€848

Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€1,541€52,138▲
Fixed assets21/28-€4,115
Tangible fixed assets22/27-€4,115
Furniture and vehicles24-€4,115
Current assets29/58€1,541€48,023▲
Amounts receivable within one year40/41€211€18,066▲
Trade receivables40-€12,705
Other amounts receivable41€211€5,361▲
Cash at bank and in hand54/58€1,329€29,957▲
Equity and liabilities
Total equity and liabilities10/49€1,541€52,138▲
Equity10/15€1,153€23,778▲
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€1,847€20,778▲
Amounts payable17/49€387€28,360▲
Amounts payable within one year42/48€387€28,360▲
Trade debts44€387€895▲
Suppliers440/4€387€895▲
Taxes, remuneration and social security45€0€19,766▲
Taxes450/3€0€19,766▲
Remuneration and social security454/9-€0
Other amounts payable47/48-€7,700
Income statement Code20242025
Turnover70-€0
Goods, raw materials, services and sundry goods60/61€0€0=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€848
Other operating charges640/8€387€69▼
Gross operating margin9900-€1,460€43,212▲
Operating profit (loss)9901-€1,847€42,294▲
Financial charges65/66B-€27
Recurring financial charges65-€27
Profit (loss) for the period before taxes9903-€1,847€42,267▲
Income taxes67/77-€11,942
Profit (loss) for the period9904-€1,847€30,325▲
Profit (loss) for the period to be appropriated9905-€1,847€30,325▲
Appropriation of the result
Profit (loss) to be appropriated9906-€1,847€28,478▲
Profit (loss) brought forward from the previous period14P--€1,847
Profit to be distributed694/7-€7,700
Return on contributions (dividend)694-€7,700

The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 19-06-2026.

Line20242025Change
Turnover70-€0-
Goods, raw materials, services and sundry goods60/61€0€0-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630-€848-
Other operating charges640/8€387€69▼ 82.1%
Gross operating margin9900-€1,460€43,212-
Operating profit (loss)9901-€1,847€42,294-
Financial charges65/66B-€27-
Recurring financial charges65-€27-
Profit (loss) for the period before taxes9903-€1,847€42,267-
Income taxes67/77-€11,942-
Profit (loss) for the period9904-€1,847€30,325-
Profit (loss) for the period to be appropriated9905-€1,847€30,325-
Line20242025Change
Assets
Total assets20/58€1,541€52,138▲ 34×
Fixed assets21/28-€4,115-
Tangible fixed assets22/27-€4,115-
Furniture and vehicles24-€4,115-
Current assets29/58€1,541€48,023▲ 31×
Amounts receivable within one year40/41€211€18,066▲ 85×
Trade receivables40-€12,705-
Other amounts receivable41€211€5,361▲ 25×
Cash at bank and in hand54/58€1,329€29,957▲ 23×
Equity and liabilities
Total equity and liabilities10/49€1,541€52,138▲ 34×
Equity10/15€1,153€23,778▲ 21×
Contributions10/11€3,000€3,000=
Profit (loss) carried forward14-€1,847€20,778-
Amounts payable17/49€387€28,360▲ 73×
Amounts payable within one year42/48€387€28,360▲ 73×
Trade debts44€387€895▲ 131%
Suppliers440/4€387€895▲ 131%
Taxes, remuneration and social security45€0€19,766-
Taxes450/3€0€19,766-
Remuneration and social security454/9-€0-
Other amounts payable47/48-€7,700-
Line20242025Change
Profit (loss) for the period9904-€1,847€30,325-
+ Depreciation and write-downs630-€848-
Operating cash flow (approximation)-€1,847€31,173-
Change in cash-€28,628-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 11,279 companies had the same profile as UXGROUNDS has now. Two years later, 96.6% were still going and 0.7% had gone bankrupt.

  • Micro
  • under 2 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
96.6% was still going
2.6% stopped otherwise
0.7% went bankrupt

That fits the bankruptcy probability of UXGROUNDS itself: 0.1% 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 11,279 companies, not a prediction for UXGROUNDS. 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.

Filings with the National Bank (2)
Financial year Type Filed Reference Document
31-12-2025 micro format 19-06-2026 2026-00175370 PDF
31-12-2024 micro format 24-06-2025 2025-00177612 PDF

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