Financials
Financial year 2025
Worth noting
- More debts than assets in the latest financial year.
- A loss two years in a row.
- The team shrank two years in a row.
- Little cash and receivables against the short-term debts.
- Figures corrected afterwards (2021).
Gross margin
€ 1.1 million
▲ 51% vs 2024
Profit
Caution€ -1.7 million
▲ 66% vs 2024
Debts
High€ 6.7 million
▲ 16% vs 2024
UgenTec from Brussel, company number BE0551976421, closed financial year 2025 with a result of € -1.7 million after tax. For that financial year UgenTec recorded a gross margin of € 1.1 million and equity of € -2.8 million. Compared with financial year 2024, the result moved from € -4.9 million to € -1.7 million. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on September 2, 2026.
What happened at UgenTec?
What happened at UgenTec in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- James Coffin stepped down as director. NBB
- Peder Qvigstad stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 1.7 million. filed late Source: NBB ↗
- James Coffin became a director. NBB
- Emslie Guy stepped down as director. NBB
- James Littlejohn stepped down as director. NBB
- Hans Cobben stepped down as director. NBB
- Emslie Guy became a director. NBB
In short
From € 3.9 million profit in 2021 to € 1.7 million loss in 2025.
Paid € 117,765 in corporate taxes since 2021.
Best year ever: 2021, with € 3.9 million profit.
On average € 403,300 of value added per employee in 2025.
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History
Every financial year, as far back as the National Bank goes.
Buffer
How long does the company survive without income?
Credit limit
Indicative credit limit, computed from the real figures.
Alerts
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Management
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Regentlaan 54
1000 Brussel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 26 companies are registered at this address.
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Details
- Company number
- 0551.976.421
- VAT number
- BE 0551.976.421
- Registered office
- Regentlaan 54, 1000 Brussel
- Names & denominations
- UgenTec
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 30 April 2014
- Peppol
- Active · Active since 24 Dec 2025
- Activities · NACE
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