UgenTec

Active

Public limited companyfounded 201412 yrs activeRegentlaan 54, 1000 Brussel, BelgiumKBO/BCE: BE 0551.976.421

Summary

UgenTec has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-2.82M) and a net result of €-1.70M. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 1416 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

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Checked score

Score 2025

31 / 100

Weak

The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.

Axes · tick = 2024

Profitability0=

Solvency0▼-1

Growth38▲+16

Track record100

Bankruptcy probability, 12 months

0.4% Very low

0%0.5%1.5%4%10%≥ 25%

No credit on open account

Liquidity short (current ratio 0.65 against 0.57 in 2024; short-term debt: 154.6% and cash: 7.7% of total assets), and equity is negative.

How do we compute the score and the probability?

Credit check for your own amount and term

Signals

Seven signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-failure-rate sector

In this sector companies fail less often than the Belgian average.

Gazette · bankruptcies per sector, NACE 62

Relative position

BE, all sectors

reference

Sector 62

lower

← fewer bankruptcies more bankruptcies →

Higher-failure-rate region

In this region companies fail more often than in the rest of the country.

KBO · registered office

Annual accounts: weaker financial profile

The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.

NBB · annual accounts 2025

Solvency, return and age of the figures

Solvency

-71.9%

Return on assets

-43.4%

Age of the figures

9 mo

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Long track record

A company with a long track record statistically fails less often than a young one.

KBO · incorporation date

Age against the risk zone

Negative equity

The 2025 annual accounts show negative equity and a net loss.

NBB · annual accounts 2025

Equity per financial year

1819202122232425

2018 to 2025 · latest year €-2.82M

Filed after the deadline

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 02-09-2026, 33 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.

NBB · 10 filings

Deviation from the deadline

2025

33 d late

2024

398 d late

2023

22 d early

2022

119 d early

2021

117 d early

2020

64 d early

2019

29 d early

← before the deadline after the deadline →

Checked, nothing found (2)

The next deadline is still running

The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.

Companies Code · seven months

Position in the running window

24-09-2026 today31-12-2026 close31-07-2027 deadline

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2025, full schema

Turnover

€2.56M▼ 45.2%

2023 · €4.68M

2021: €9.96M 2022: €9.98M 2023: €4.68M

2021 → 2024

EBIT margin

-185.8%▼ 93.2pp

2023 · -92.5%

2021: 42.9% 2022: 16.7% 2023: -92.5%

2021 → 2024

Net result

€-1.70M▲ 65.6%

2024 · €-4.94M

2018: €-3.83M 2019: €-2.10M 2020: €-701k 2021: €3.86M 2022: €1.51M 2023: €-4.36M 2024: €-4.94M

2018 → 2025

Working capital

€-2.14M▼ 0.3%

2024 · €-2.14M

2018: €-139k 2019: €154k 2020: €998k 2021: €5.42M 2022: €4.04M 2023: €1.73M 2024: €-2.14M

2018 → 2025

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20212022202320242025Trend

Turnover€9.96M-€9.98M▲ 0.2%€4.68M▼ 53.1%€2.56M▼ 45.2%

Equity€3.68M-€5.19M▲ 41.1%€3.82M▼ 26.3%€-1.12M€-2.82M▼ 152%

Operating result€4.28M-€1.67M▼ 61.1%€-4.33M€-4.76M▼ 10.0%€-1.66M▲ 65.1%

Net result€3.86M-€1.51M▼ 60.8%€-4.36M€-4.94M▼ 13.3%€-1.70M▲ 65.6%

Result per fiscal year

Operating resultNet result

The operating result stays negative: a loss of €1.66M in 2025 against €4.76M in 2024; the loss shrinks.

Key figures and ratios

2025 value · change against 2024

EBITDA

€-543k▲

2024 · €-3.34M

Cash flow

€-585k▲

2024 · €-3.52M

Solvency

-71.9%▼

2024 · -23.8%

Current ratio

0.65▲

2024 · 0.57

Debt to equity

-2.39▲

2024 · -5.19

ROA

-43.4%▲

2024 · -105.2%

Interest coverage

-13.02▲

2024 · -20.50

Debt

€6.75M▲

2024 · €5.82M

Debt ≤ 1 year

€6.07M▲

2024 · €4.94M

Debt > 1 year

€0▼

2024 · €271k

Staff costs

€1.02M▼

2024 · €3.80M

Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Filed annual accounts As filed with the NBB · 2025 against 2024 · 56 lines

Balance sheet Code20242025

Assets

Total assets20/58€4.70M€3.92M▼

Fixed assets21/28€1.90M€0▼

Intangible fixed assets21€1.38M€0▼

Tangible fixed assets22/27€445k€0▼

Plant, machinery and equipment23€8k€0▼

Furniture and vehicles24€54k€0▼

Other tangible fixed assets26€383k€0▼

Financial fixed assets28€78k€0▼

Current assets29/58€2.80M€3.92M▲

Amounts receivable within one year40/41€2.69M€3.62M▲

Trade receivables40€2.51M€3.11M▲

Other amounts receivable41€183k€515k▲

Cash at bank and in hand54/58€0€302k▲

Deferred charges and accrued income490/1€109k€0▼

Equity and liabilities

Total equity and liabilities10/49€4.70M€3.92M▼

Equity10/15€-1.12M€-2.82M▼

Contributions10/11€7.67M€7.67M=

Capital10€6.42M€6.42M=

Issued capital100€6.42M€6.42M=

Outside capital11€1.26M€1.26M=

Other1109/19€1.26M€1.26M=

Profit (loss) carried forward14€-8.79M€-10.49M▼

Amounts payable17/49€5.82M€6.75M▲

Amounts payable after more than one year17€271k€0▼

Financial debts170/4€271k€0▼

Amounts payable within one year42/48€4.94M€6.07M▲

Current portion of amounts payable after more than one year42€81k€0▼

Financial debts43€878k€0▼

Credit institutions430/8€878k€0▼

Trade debts44€2.84M€5.67M▲

Suppliers440/4€2.84M€5.67M▲

Taxes, remuneration and social security45€746k€970▼

Taxes450/3€480k€970▼

Remuneration and social security454/9€267k€0▼

Other amounts payable47/48€396k€396k=

Accrued charges and deferred income492/3€610k€678k▲

Income statement Code20242025

Turnover70€2.56M-

Goods, raw materials, services and sundry goods60/61€2.16M-

Remuneration, social security and pensions62€3.80M€1.02M▼

Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.43M€1.12M▼

Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-50k€9k▲

Other operating charges640/8€13k€7k▼

Non-recurring operating charges66A€317k€641k▲

Gross operating margin9900€748k€1.13M▲

Operating profit (loss)9901€-4.76M€-1.66M▲

Financial income75/76B€11k€378▼

Recurring financial income75€11k€378▼

Financial charges65/66B€193k€42k▼

Recurring financial charges65€163k€42k▼

Non-recurring financial charges66B€30k€0▼

Profit (loss) for the period before taxes9903€-4.94M€-1.70M▲

Profit (loss) for the period9904€-4.94M€-1.70M▲

Profit (loss) for the period to be appropriated9905€-4.94M€-1.70M▲

Appropriation of the result

Profit (loss) to be appropriated9906€-8.79M€-10.49M▼

Profit (loss) brought forward from the previous period14P€-3.85M€-8.79M▼

Social balance

Average headcount (FTE)908727.42.8▼

The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

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Timeline · acts, filings and financial milestones

All 46Financial 5Gazette 31Filings 10

Next filing, fiscal year 2026, expected by 31-07-2027

2026

02-09

NBB filing Annual accounts filed

fiscal year 2025 · full schema · 33 days late

02-09

NBB filing Annual accounts filed

fiscal year 2024 · full schema · 398 days late

25-02

State Gazette act Resignations: Hans COBBEN (director) and James LITTLEJOHNS (director)

Director discharge5 facts ▸

General meeting, 08-12-2025
Director resignation, Hans COBBEN (director)
Director resignation, James LITTLEJOHNS (director)
Director discharge, Hans COBBEN
Director discharge, James LITTLEJOHNS

2025

12-12

State Gazette act Registered office · Statutes amendment

Registered-office move2 facts ▸

General meeting, 01-10-2025
Registered-office move, 1000 Brussel, Regentlaan 54

07-07

State Gazette act Resignation: PwC Bedrijfsrevisoren (statutory auditor)

Appointment: Groupe Audit Belgium (statutory auditor)3 facts ▸

General meeting, 22-05-2025
Director resignation, PwC Bedrijfsrevisoren (statutory auditor)
Auditor appointment, Groupe Audit Belgium (statutory auditor)

18-04

State Gazette act Appointment: Guy Emslie (director)

2 facts ▸

General meeting, 25-03-2025
Director appointment, Guy Emslie (director)

2024

31-12

Financial Weakest financial yearnet €-4.94M

Net result drops to €-4.94M, the lowest in the series; recovery starts the following year.

11-10

State Gazette act Resignations: VERHOEVEN Steven Dieter, PURVESH DHANANJAY Patel and SZAMEL Piotr Pawel

Appointments: COBBEN Hans Edmond Maria Mathias, LITTLEJOHNS James Michael and 2 others · Permanent representative: Roel Boons · Statutes amendment12 facts ▸

General meeting, 08-10-2024
Statutes amendment
Statutes amendment
Director resignation, VERHOEVEN Steven Dieter (director and day-to-day manager)
Director resignation, PURVESH DHANANJAY Patel (director)
Director resignation, SZAMEL Piotr Pawel (director)
Director appointment, COBBEN Hans Edmond Maria Mathias (director)
Director appointment, LITTLEJOHNS James Michael (director)
Director appointment, QVIGSTAD Peder (director)
General meeting, 28-06-2024
Auditor appointment, PwC Bedrijfsrevisoren (statutory auditor)
Permanent representative, Roel Boons

09-07

NBB filing Annual accounts filed

fiscal year 2023 · full schema

03-07

State Gazette act Resignation: Carleton Thompson III (director)

Director discharge3 facts ▸

General meeting, 13-06-2024
Director resignation, Carleton Thompson III (director)
Director discharge, Carleton Thompson III

02-02

State Gazette act Registered office

Registered-office move2 facts ▸

Board meeting, 08-01-2024
Registered-office move, 3500 Hasselt, Kempische Steenweg 305 bus 200

12-01

State Gazette act Resignations: COBBEN Hans Edmond Maria Mathias, DE BOE Nicolas André Chris and VITIÄ Marika Päivi Johanna

Appointments: PURVESH DHANANJAY Patel (director) and SZAMEL Piotr Pawel (director) · Capital increase · Share issue19 facts ▸

General meeting, 20-12-2023
Capital increase, €3.000.000
Share issue, 440462, 6.81
Bank account, BE54 0019 6468 6597
Capital, €6.415.000
Statutes amendment
Statutes amendment
Statutes amendment
Director resignation, COBBEN Hans Edmond Maria Mathias (director)
Director resignation, DE BOE Nicolas André Chris (director)
Director resignation, DE BOE Nicolas André Chris (day-to-day manager)
Director resignation, VITIÄ Marika Päivi Johanna (director)
+7 further facts in this act

Show earlier events

2023

03-04

NBB filing Annual accounts filed

fiscal year 2022 · full schema

25-01

State Gazette act Appointment: Nicolas De Boe (day-to-day manager)

Power of attorney3 facts ▸

Board meeting, 28-11-2022
Director appointment, Nicolas De Boe (day-to-day manager)
Power of attorney, Stibbe BV

2022

31-12

Financial Equity above €5MEq €5.19M ▲41.1%

2 profitable years in a row build equity to €5.19M.

10-10

State Gazette act Resignations: LRM Beheer NV, Heran Partners BV and 5 others

Appointments: Marika Vitiä, Hans Cobben and 3 others · Mandate compensation · Power of attorney26 facts ▸

General meeting, 31-08-2022
Director resignation, LRM Beheer NV (director)
Director resignation, Heran Partners BV (director)
Director resignation, Ivo Marechal (director)
Director resignation, Tom Martens (director)
Director resignation, Wouter Uten (director)
Director appointment, Marika Vitiä (director)
Director appointment, Hans Cobben (director)
Director appointment, Carleton Krupp Thompson III (director)
Director appointment, Steven Verhoeven (director)
Director appointment, Nicolas De Boe (director)
Mandate compensation, Marika Vitiä
+14 further facts in this act

07-04

State Gazette act Capital & shares · Statutes amendment

Capital decrease · Capital · Statutes amendment4 facts ▸

General meeting
Capital decrease, €4.745.441,51
Capital, €3.415.000
Statutes amendment

05-04

State Gazette act Resignation: Tom Martens (member of the executive committee)

Appointment: Nicolas De Boe (member of the executive committee) · Mandate compensation4 facts ▸

Board meeting, 18-03-2022
Director resignation, Tom Martens (member of the executive committee)
Director appointment, Nicolas De Boe (member of the executive committee)
Mandate compensation, Nicolas De Boe

05-04

NBB filing Annual accounts filed

fiscal year 2021 · full schema

14-01

State Gazette act Appointment: VOSCH Ingrid (statutory auditor)

Share cancellation · Share issue · Statutes amendment9 facts ▸

General meeting, 30-12-2021
Auditor appointment, VOSCH Ingrid (statutory auditor)
Share cancellation, 27533, ESOP-inschrijvingsrechten
Share cancellation, 50000, nieuwe exit-warrants
Share issue, 31663, 1:1.15
Share issue, 57500, 1:1.15
Share cancellation, niet onder begunstigden gealloceerd, 1109
Statutes amendment
Power of attorney, UgenTec

2021

31-12

Financial Back to profitnet €3.86M

Net result €3.86M after 3 loss-making years.

31-12

Financial Liquidity triplescurrent ratio 4.56

Current ratio from 1.49 to 4.56; short-term debt falls from €2.05M to €1.52M.

31-12

Financial Equity above €2MEq €3.68M

Equity rises from €-3.24M to €3.68M.

17-11

State Gazette act Reappointments: UTEN Wouter Paul Maria-Louisa, MARTENS Tom and LRM Beheer

Permanent representatives: AERTS Tom and VEREECKEN Annie José Clementine · Appointments: HERAN PARTNERS (gecoöpteerd b bestuurder) and MARECHAL Ivo Antoine Leon (gecoöpteerd onafhankelijk a b bestuurder) · Capital increase16 facts ▸

Director reappointment, UTEN Wouter Paul Maria-Louisa (class A director)
Director reappointment, MARTENS Tom (class A director)
Director reappointment, LRM Beheer (class B director)
Permanent representative, AERTS Tom
Director appointment, HERAN PARTNERS (gecoöpteerd b bestuurder)
Permanent representative, VEREECKEN Annie José Clementine
Director appointment, MARECHAL Ivo Antoine Leon (gecoöpteerd onafhankelijk a b bestuurder)
Board meeting, 08-11-2021
Capital increase, €135.536,16
Share issue, 8634, 7100
Capital, €8.160.441,51
Statutes amendment
+4 further facts in this act

04-11

State Gazette act Resignation: Moore VMB Bedrijfsrevisoren BV (statutory auditor)

Director discharge · Capital increase · Share issue17 facts ▸

General meeting, 15-10-2021
Director resignation, Moore VMB Bedrijfsrevisoren BV (statutory auditor)
Director discharge, UgenTec
Capital increase, €1.669.202,15
Share issue, A, 4400
Share issue, A, 1748
Share issue, A, 2466
Share issue, B, 32743
Share issue, A, 2226
Share issue, B, 4879
Share issue, B, 5036
Share issue, B, 2028
+5 further facts in this act

75.3% of this act was read; anything after the cut is not in this list.Read the act at the Belgisch Staatsblad ↗

28-05

NBB filing Annual accounts filed

fiscal year 2020 · abbreviated schema

2020

14-12

State Gazette act Resignations: Wouter Uten (class A director and managing director) and Tom Martens (class A director and managing director)

Reappointments: Wouter Uten (class A director) and Tom Martens (class A director) · Appointment: Wouter Uten (managing director)7 facts ▸

Board meeting, 26-08-2020
General meeting, 15-05-2020
Director resignation, Wouter Uten (class A director and managing director)
Director resignation, Tom Martens (class A director and managing director)
Director reappointment, Wouter Uten (class A director)
Director reappointment, Tom Martens (class A director)
Director appointment, Wouter Uten (managing director)

30-11

State Gazette act Resignation: Opdorp Finance BV (class B director)

Appointment: Heran Partners (class B director) · Permanent representative: Annie Vereecken4 facts ▸

Board meeting, 25-05-2020
Director resignation, Opdorp Finance BV (class B director)
Director appointment, Heran Partners (class B director)
Permanent representative, Annie Vereecken

22-07

State Gazette act Resignations: Wouter Uten, Tom Martens and 2 others

Reappointments: Wouter Uten, Tom Martens and 2 others · Permanent representatives: Tom Aerts and Annie Vereecken11 facts ▸

General meeting, 15-05-2020
Director resignation, Wouter Uten (class A director)
Director resignation, Tom Martens (class A director)
Director resignation, LRM Beheer (class B director)
Director resignation, Opdorp Finance (class B director)
Director reappointment, Wouter Uten (class A director)
Director reappointment, Tom Martens (class A director)
Director reappointment, LRM Beheer (class B director)
Director reappointment, Opdorp Finance (class B director)
Permanent representative, Tom Aerts
Permanent representative, Annie Vereecken

02-07

NBB filing Annual accounts filed

fiscal year 2019 · abbreviated schema

2019

31-12

State Gazette act Statutes amendment · Miscellaneous

Share issue · Statutes amendment · Power of attorney7 facts ▸

General meeting, 20-12-2019
Share issue, new, 50000
Statutes amendment
Power of attorney, Herbert Houben
Power of attorney
Warrant expiry, existing, 50000
Warrant allocation, 50000, inschrijvings- en aandeelhoudersovereenkomst van 19 maart 2018

28-08

State Gazette act Resignation: Sumaco Beheer (onafhankelijk ab bestuurder)

Appointment: Ivo Marechal (onafhankelijk a b bestuurder) · Mandate compensation4 facts ▸

General meeting, 26-04-2019
Director resignation, Sumaco Beheer (onafhankelijk ab bestuurder)
Director appointment, Ivo Marechal (onafhankelijk a b bestuurder)
Mandate compensation, Ivo Marechal

02-07

NBB filing Annual accounts filed

fiscal year 2018 · abbreviated schema

2018

12-09

State Gazette act Capital & shares

Capital increase · Bank account · Capital decrease12 facts ▸

General meeting, 30-08-2018
Capital increase, €400.000
Bank account, 27-08-2018
Capital decrease, €780.000
Capital, €6.355.703,2
Share cancellation, ESOP-warrants, 3696
Share issue, ESOP-warrantplan 2018, ESOP-warrants
Power of attorney, raad van bestuur
Power of attorney, 2 bestuurders, gezamenlijk handelend
Statutes amendment
Power of attorney, bestuurders van UgenTec NV
Capital increase

27-07

State Gazette act Appointments: Wouter UTEN, Tom MARTENS and Steven VERHOEVEN

Mandate compensation7 facts ▸

Board meeting, 19-03-2018
Director appointment, Wouter UTEN (member of the executive committee)
Director appointment, Tom MARTENS (member of the executive committee)
Director appointment, Steven VERHOEVEN (member of the executive committee)
Mandate compensation, Wouter UTEN
Mandate compensation, Tom MARTENS
Mandate compensation, Steven VERHOEVEN

12-06

State Gazette act Resignations: BIOVER II BVBA (class B director) and CVBA Sumaco Beheer (ab bestuurder)

Appointments: OPDORP FINANCE BVBA (class B director) and Ivo Marechal (ab bestuurder) · Permanent representatives: Annie Vereecken and Ingrid Vosch · Reappointment: PKF-VMB Bedrijfsrevisoren Burg. CVBA (statutory auditor)11 facts ▸

General meeting, 27-04-2018
Director resignation, BIOVER II BVBA (class B director)
Director appointment, OPDORP FINANCE BVBA (class B director)
Permanent representative, Annie Vereecken
Mandate compensation, OPDORP FINANCE BVBA
Auditor reappointment, PKF-VMB Bedrijfsrevisoren Burg. CVBA
Permanent representative, Ingrid Vosch
Board meeting, 14-05-2018
Director resignation, CVBA Sumaco Beheer (ab bestuurder)
Director appointment, Ivo Marechal (ab bestuurder)
Director appointment, Ivo Marechal (chair of the board)

29-05

State Gazette act Registered office

Registered-office move2 facts ▸

Board meeting, 14-03-2018
Registered-office move, Kempische Steenweg 303 bus 105 te 3500 Hasselt

02-05

NBB filing Annual accounts filed

fiscal year 2017 · abbreviated schema

17-04

State Gazette act Capital & shares · Statutes amendment · Resignations & appointments

Registered-office move · Capital increase · Share cancellation11 facts ▸

General meeting, 19-03-2018
Board meeting, 14-03-2018
Registered-office move, 3500 Hasselt, Kempische Steenweg 303, bus 105
Capital increase, €1.070.328,33
Capital increase, €850.000
Share cancellation, anti-dilutie warrants, 24
Capital increase, €3.808,01
Capital increase, €3.725.000
Bank account, 19-03-2018
Statutes amendment
Capital, €6.735.703,2

89.4% of this act was read; anything after the cut is not in this list.Read the act at the Belgisch Staatsblad ↗

2017

22-11

State Gazette act Resignation: Herman Verrelst (director)

2 facts ▸

Director resignation, Herman Verrelst (director)
Board meeting

24-05

NBB filing Annual accounts filed

fiscal year 2016 · abbreviated schema

2016

30-03

State Gazette act Appointment: BV/CVBA VMB BEDRIJFSREVISOREN (statutory auditor)

Permanent representative: Ingrid VOSCH3 facts ▸

General meeting, 09-12-2015
Auditor appointment, BV/CVBA VMB BEDRIJFSREVISOREN (statutory auditor)
Permanent representative, Ingrid VOSCH

2015

28-12

State Gazette act Resignation: NUMENOR (class B director)

Appointment: Herman Verrelst (class B director) · Mandate compensation · Power of attorney5 facts ▸

General meeting, 26-11-2015
Director resignation, NUMENOR (class B director)
Director appointment, Herman Verrelst (class B director)
Mandate compensation, Herman Verrelst
Power of attorney, Herman Verrelst

22-04

State Gazette act Resignations: UTEC (manager) and T.M. Management (manager)

Appointments: Wouter Uten, Tom Martens and 3 others · Permanent representatives: Herman Verrelst, Annie Vereecken and Ivo Marechal · Share issue27 facts ▸

General meeting, 03-04-2015
Board meeting, 03-04-2015
Share issue, splitsing, 94
Capital increase, €1.188
Capital increase, €49.178,86
Legal-form conversion, naamloze vennootschap
Capital, €68.966,86
Director resignation, UTEC (manager)
Director resignation, T.M. Management (manager)
Director appointment, Wouter Uten (director)
Director appointment, Tom Martens (director)
Director appointment, NUMENOR (director)
+15 further facts in this act

22-04

State Gazette act Appointments: UTEN Wouter, Paul, Maria-Louisa, MARTENS Tom and 3 others

Permanent representatives: VERRELST Herman, Karel, Gabriël, VEREECKEN Annie and Marechal Ivo Antoine Leon · Capital increase · Bank account21 facts ▸

General meeting, 03-04-2015
Capital increase, €35.368,51
Bank account, bijzondere bankrekening bij KBC-Bank te Brussel
Capital increase, €1.060,76
Capital increase, €993.570,73
Share issue, warrants, 19858
Capital decrease, €12.400
Capital, €1.086.566,86
Statutes amendment
Director appointment, UTEN Wouter, Paul, Maria-Louisa (director)
Director appointment, MARTENS Tom (director)
Director appointment, NUMENOR (director)
+9 further facts in this act

2014

19-05

State Gazette act Incorporation

Appointments: UTEC, T.M. MANAGEMENT and UTEN Wouter Paul Maria-Louisa · Permanent representatives: UTEN Wouter Paul Maria-Louisa and MARTENS Tom · Founder11 facts ▸

Incorporation, 30-04-2014
Founder, UTEN Wouter Paul Maria-Louisa
Founder, MARTENS Tom
Founding capital, €18.600
Bank account, BE19 0017 2619 3812
Director appointment, UTEC (manager)
Director appointment, T.M. MANAGEMENT (manager)
Permanent representative, UTEN Wouter Paul Maria-Louisa
Permanent representative, MARTENS Tom
Director appointment, UTEN Wouter Paul Maria-Louisa (voorzitter van het college van zaakvoerders)
Assumption of liabilities, All obligations incurred since 1 January 2014 in the name of the company in formation or under the name of the VCV UTEC (KBO 0537.832.633) are explicitly assume…

Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors

13 directors, last change in 2025

Guy Emslie

Director · since 26-03-2025

Current

LITTLEJOHNS James Michael

Director · since 08-10-2024

Current

QVIGSTAD Peder

Director · since 08-10-2024

Current

Carleton Krupp Thompson III

Director · since 31-08-2022

Current

Steven Verhoeven

Director · since 31-08-2022

Current

Heran Partners

Class B director · since 25-05-2020 · Private limited company · perm. rep.: VEREECKEN Annie José Clementine

Current

7 other directors

LRM Beheer

Class B director · since 15-05-2020 · Public limited company · perm. rep.: AERTS Tom

Current

MARTENS Tom

Class A director · since 03-04-2015

Current

OPDORP FINANCE

Class B director · Private limited company · perm. rep.: Annie Vereecken

Not recently confirmed

BVBA Opdorp Finance

Class B director · since 31-07-2017 · Legal entity · perm. rep.: Annie Vereecken

Not recently confirmed

BIOVER II

Director · since 03-04-2015 · Legal entity · perm. rep.: Annie Vereecken

Not recently confirmed

SUMACO BEHEER

Director · since 03-04-2015 · Coöperatieve vennootschap met beperkte aansprakelijkheid · perm. rep.: Ivo Marechal

Not recently confirmed

T.M. Management

Manager · since 30-04-2014 · Private limited company · perm. rep.: MARTENS Tom

Not recently confirmed

31-10-2025 James LITTLEJOHNS: Resigned as Director

13-10-2025 COBBEN Hans Edmond Maria Mathias: Resigned as Director

26-03-2025 Guy Emslie: Appointed as Director

08-10-2024 LITTLEJOHNS James Michael: Appointed as Director

08-10-2024 QVIGSTAD Peder: Appointed as Director

Full history in the Timeline (76 changes) →

Not every act has been read: a resignation may be missing here

2 acts were read only in part. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.

Location & real-estate footprint

Registered office, Brussel · 1 establishment unit since 2014

establishment The establishment unit on the map

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.

Regentlaan 541000 Brussel

Ground area

851 m²

Building footprint

717 m²

Volume, LiDAR

15,500 m³

Parcel 21803C0023/00B000, Brussels · tallest building 28.2 m, ±8 floors. Linked by address, not a title deed.

1 establishment unit

UgenTec

Regentlaan 54, 1000 BrusselComputer programming, consultancy and related activities

since 20142.232.598.619

1 parcel

Brussels 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
21803C0023/00B000	Brussels	851 m²	1 · 717 m²	28.2 m · 8 fl.

Linked by address, not proof of ownership

Methodology

via registered seat: 1

1 of 1 parcel with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Statutory auditor

2 auditors

Groupe Audit BelgiumCurrent Statutory auditor	31-12-2024 → present
Pwc BedrijfsrevisorenCurrent Statutory auditor · represented by Roel Boons	28-06-2024 → present

Show 2 earlier auditors

PricewaterhouseCoopers Reviseurs d'Entreprises Statutory auditor	- → 31-12-2024
VOSCH Ingrid Statutory auditor succeeded by Pwc Bedrijfsrevisoren in 2024	30-12-2021 → 28-06-2024

Articles of association

Purpose

De automatisering en interpretatie van labo-analyse door middel van toepassingsgeoriënteerde software; het verstrekken van advies, bijstand, het uitvoeren van onderzoek, de…

Full purpose

De automatisering en interpretatie van labo-analyse door middel van toepassingsgeoriënteerde software; het verstrekken van advies, bijstand, het uitvoeren van onderzoek, de ontwikkeling en opleiding op gebied van hard- en software, alsook het verstrekken van consulting en expertise van informaticasystemen; ontwikkelen, commercialisering, in- en uitvoeren, aan- en verkopen, verdelen en op de markt brengen, huren en verhuren, eventueel door huurkoop of leasing, onderhoud en reparatie van eender welk softwareproduct en hardware product; in het algemeen het presteren van diensten op het vlak van informatie, zoals onder meer hard- en software, gegevensverwerking, consulting en opleiding, herstellingen, analyses, ontwikkelingen en ontwerpen van computeroplossingen; ontwikkelen, in- en uitvoeren, aan- en verkopen, huren en verhuren, onderhoud en reparatie van eender welk elektronisch materiaal; leveren van technische, administratieve en management adviezen; coördinatie en uitvoering van projecten.

according to the deed of 04-11-2021

Structure & network

Connections & network

35 connected companies

Shared directorsBundled connections

Linked via shared directors

Federatie Muziekfestivals in Vlaanderen VZW

via Tom Martens · Director

→

Koninklijke Hoger Op Heide Hasselt

via Tom Martens · Director

→

Down2Earth Capital

Shared director

→

VK Global

Shared director

→

Show 31 more companies with a shared director

VKW LIMBURG

Shared director

→

Airobot

Shared corporate director

→

ALRO HOLDINGS

Shared corporate director

→

BELGIAN CYCLING FACTORY

Shared corporate director

→

Blue Foot Membranes

Shared corporate director

→

Centrica Business Solutions Belgium

Shared corporate director

→

Complix

Shared corporate director

→

CORDA CAMPUS 2.0

Shared corporate director

→

Cubigo International

Shared corporate director

→

DRONEPORT

Shared corporate director

→

Eurofins Amatsigroup

Shared corporate director

→

FONTAINE HOLDINGS

Shared corporate director

→

Greenville

Shared corporate director

→

Grimhild

Shared corporate director

→

icometrix

Shared corporate director

→

Kristalpark III

Shared corporate director

→

LIMBURG REGIONAL AIRPORT

Shared corporate director

→

Lynxcare Clinical Informatics

Shared corporate director

→

MACHIELS BUILDING SOLUTIONS

Shared corporate director

→

MATE Ergonomics

Shared corporate director

→

MyCartis

Shared corporate director

→

OPDORP FINANCE

Shared corporate director

→

Optiflux

Shared corporate director

→

PRIDIKTIV

Shared corporate director

→

PUNCH POWERTRAIN

Shared corporate director

→

QOMPIUM

Shared corporate director

→

THOR PARK

Shared corporate director

→

TRENDMINER

Shared corporate director

→

ZONNECENTRALE BERINGEN

Shared corporate director

→

ZONNECENTRALE LIMBURG

Shared corporate director

→

ZONNECENTRALE LOMMEL

Shared corporate director

→

Capital and shareholders

Shareholders according to the acts

After the capital increase act of 17-11-2021 ↗

VERSTRYNGE Bart Alfons 489 shares · 12,331.90 EUR
WIDJAJA Devy Shari 489 shares · 3,481.68 EUR
JACOBS Joachim Jan Anna 5,312 shares · 37,821.44 EUR
JANS Koen 489 shares · 12,331.90 EUR
OOMS Nele 321 shares · 8,095.17 EUR
MARTENS Tom 4,317 shares · 30,737.04 EUR
UTEN Wouter Paul Maria-Louisa 4,317 shares · 30,737.04 EUR

After 2 capital increases act of 12-09-2018 ↗

VERHOEVEN Steven 12,689 shares · 400,000 EUR

After 4 capital increases act of 17-04-2018 ↗

Ivo MARECHAL 5,079 shares · 138,819.95 EUR
HERAN 71,245 shares · 2,066,687.74 EUR
COFFEE SHOT 2,129 shares · 53,690.43 EUR
Bart DE MOOR 8,474 shares · 253,690.43 EUR
KATHOLIEKE UNIVERSITEIT TE LEUVEN 4,037 shares · 116,812.46 EUR
GEMMA FRISIUS FONDS K.U. LEUVEN 14,253 shares · 419,435.35 EUR
Wouter UTEN 11,896 shares · 375,000 EUR
Tom MARTENS 7,137 shares · 225,000 EUR
Limburgse Reconversie Maatschappij (BE 0452.138.972) 63,445 shares · 2,000,000 EUR

At incorporation act of 19-05-2014 ↗

UTEN Wouter Paul Maria-Louisa 50 shares (50%)
MARTENS Tom 50 shares (50%)

The Belgian State Gazette names shareholders only when an act mentions them; the share register itself is not published.

Capital over the years

12-01-2024 Capital increase of 3,000,000 EUR · to 6,415,000 EUR · 440,462 new shares
07-04-2022 Capital reduction of 4,745,441.51 EUR · to 3,415,000 EUR · “aanzuivering van geleden verliezen”
17-11-2021 Capital increase of 135,536.16 EUR · to 8,160,441.51 EUR
04-11-2021 Capital increase of 1,669,202.15 EUR · to 8,024,905.35 EUR · 92,785 new shares · in kind
12-09-2018 Capital increase of 400,000 EUR · to 7,135,703.20 EUR · 12,689 new shares
12-09-2018 Capital reduction of 780,000 EUR · to 6,355,703.20 EUR · “aanzuivering van overgedragen verliezen”
17-04-2018 Capital increase of 1,070,328.33 EUR · to 2,156,895.19 EUR
17-04-2018 Capital increase of 850,000 EUR · to 3,006,895.19 EUR

Show 9 older capital entries

17-04-2018 Capital increase of 3,808.01 EUR · to 3,010,703.20 EUR
17-04-2018 Capital increase of 3,725,000 EUR · to 6,735,703.20 EUR
22-04-2015 Capital increase of 35,368.51 EUR · to 104,335.37 EUR · 51,281 new shares · in cash
22-04-2015 Capital increase of 1,060.76 EUR · to 105,396.13 EUR · 1,538 new shares · in kind
22-04-2015 Capital increase of 993,570.73 EUR · to 1,098,966.86 EUR · no new shares · “inlijving van de uitgiftepremie”
22-04-2015 Capital reduction of 12,400 EUR · to 1,086,566.86 EUR · “vrijstelling van de verplichting tot storting”
22-04-2015 Capital increase of 1,188 EUR · to 19,788 EUR · 600 new shares
22-04-2015 Capital increase of 49,178.86 EUR · to 68,966.86 EUR · inlijving uitgiftepremie
19-05-2014 Incorporation · 18,600 EUR · 100 shares

Public money · subsidies and aid

Flemish government

2022 to 2023 · 4 entries · 44,594 EUR awarded · 44,594 EUR paid

Year	Entries	awarded	paid
2023	2	-8,025 EUR	18,594 EUR
2022	2	52,619 EUR	26,000 EUR

Schemes

O&O-haalbaarheidsstudie

2 entries · 41,975 EUR · 41,975 EUR paid · Fonds voor Innoveren en Ondernemen

Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)

2 entries · 2,619 EUR · 2,619 EUR paid · Fonds voor Innoveren en Ondernemen

European research

1 project · 1 as coordinator · 50,000 EUR EU contribution

Programmes

Horizon 2020

1 entry · 50,000 EUR

Projects

Artificial intelligence for automated, standardised interpretation of DNA testing results

Horizon 2020 · coordinator · 01-06-2017 to 30-11-2017 · 50,000 EUR · FastFinder

Recognitions · licences · registrations

Legal Entity Identifier

894500ORYKF989HKEM03

no longer live in the LEI register

Similar companies · same sector, comparable size

ELSYCA

BE 0460.049.026

Leuven · Eq €3,811,488

3D-SIDE

BE 0597.918.094

Mont-Saint-Guibert · Eq €3,787,620

Brussel · Eq €3,881,328

Of 16,884 companies in sector 62100 we hold annual accounts for 8,775. 1,617 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Company data · Crossroads Bank

Identification

Legal formPublic limited company

Founded30-04-2014

Fiscal year end31-12

Activities, NACEBEL 2025

62100Computer programming

62900Other information technology and computer services

62200Computer consultancy and computer facilities management

Sources

Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers

Scores and ratios are computed by Checked and are not a credit decision.

Contact details

2 entries

Website:www.UgenTec.com

Establishment Brussel 2.232.598.619

E-mail:info@UgenTec.com

Establishment Brussel 2.232.598.619