Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
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Busy address KBO
23 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
UKKO from Elsene, company number BE0719974679, closed financial year 2025 with a result of € -137,064 after tax. For that financial year UKKO recorded a gross margin of € 87,252 and equity of € -130,443. Compared with financial year 2024, the result moved from € -149,244 to € -137,064. 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 June 8, 2026.
€ -130,443
▼ € 137,064 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -137,064
▲ 8 % less loss than in 2024
Profit after tax over the fiscal year.
€ 0
▼ 100% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -149,043.
People and assets in 2025
€ 48,888
▲ 107% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2.6 million
▼ 20% vs 2024
€ 102,314 is repaid this year. At this pace the long-term loan is gone in ≈ 24 years.
€ 27,605
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,177
▼ 40% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 226,565 | € 104,203 | € 223,396 | € 87,252 | ▼ 61% |
| Profit after taxes | € 98,530 | € 3,291 | € -149,244 | € -137,064 | ▲ € 12,180 |
| Equity | € 152,573 | € 155,865 | € 6,621 | € -130,443 | ▼ € 137,064 |
| Total debts | € 1,628,788 | € 1,535,808 | € 3,923,603 | € 3,299,153 | ▼ 16% |
| Cash | € 501 | € 2,130 | € 446 | € 0 | ▼ 100% |
| Land & buildings | € 675,891 | € 885,620 | € 2,979,119 | € 2,981,161 | |
| Retained profit | € 133,973 | € 137,265 | € -11,979 | € -149,043 | ▼ € 137,064 |
| Bank debt | € 1,407,899 | € 1,259,561 | € 3,244,730 | € 2,604,827 | ▼ 20% |
| Balance sheet total | € 1,781,362 | € 1,691,673 | € 3,930,224 | € 3,168,710 | ▼ 19% |
Key figures of UKKO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to UKKO?
What happened at UKKO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 137,064. Source: NBB ↗
- Matthieu Ghins became a director. NBB
- Nicolas Kunkera became a director. NBB
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 98,530 profit in 2022 to € 137,064 loss in 2025.
Paid € 4,557 in corporate taxes since 2022.
Best year ever: 2022, with € 98,530 profit.
Management
Behind UKKO are Matthieu Ghins and Nicolas Kunkera. The same people are also behind Neybor Group. Matthieu Ghins is also behind MBGS. Nicolas Kunkera is also behind NEYBOR HOLDING, CORNER STONE INVEST, DUCHESSE, TBO IMMO and ROBIN MENUISERIE.
Directors
According to the 2025 annual accounts
since 2020
Nicolas Kunkera
Director
Also active at: NEYBOR HOLDING, CORNER STONE INVEST, DUCHESSE, Neybor Group, TBO IMMO, ROBIN MENUISERIE
since 2020
Establishments
Establishment units
Physical locations of this company
Boondaalse Steenweg 365
1050 Elsene
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 23 companies are registered at this address.
All companies at this address →KRUMPIR
€ 133,042 gross margin · 2025
NEYBOR BOTANIQUE
€ 251,567 gross margin · 2025
STEEN HOLDINGS
€ 185,914 gross margin · 2025
NEYBOR SERVICES
€ 328,608 gross margin · 2025
NEYBOR HOLDING same network
€ 275,204 gross margin · 2025
+18 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0719.974.679
- VAT number
- BE 0719.974.679
- Registered office
- Boondaalse Steenweg 365, 1050 Elsene
- Names & denominations
- UKKO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 February 2019
- Peppol
- Active · Active since 24 Mar 2026
- Activities · NACE
Handelsbemiddeling in de groothandel in hout en bouwmaterialen
Elektrotechnische installatiewerken van nijverheidsinrichtingen
Algemene bouw van kantoorgebouwen
Algemene bouw van andere niet-residentiële gebouwen
Handelsbemiddeling in de groothandel in meubelen, huishoudelijke artikelen en ijzerwaren
Algemene bouw van residentiële gebouwen
Schrijnwerk
Algemene elektrotechnische installatiewerken
+4