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 2 of the last 3 fiscal years.
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Two loss years in a row NBB
Negative result in 2023 and 2024.
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Tight liquidity NBB
Cash and receivables cover 53 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
UGK GROUP from Grimbergen, company number BE0784934589, closed financial year 2024 with a result of € -72,871 after tax. For that financial year UGK GROUP recorded a gross margin of € 242,291 and equity of € -87,436. Compared with financial year 2023, the result moved from € -46,192 to € -72,871. 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 28, 2025.
€ -87,436
▼ € 72,871 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -72,871
▼ 58 % more loss than in 2023
Profit after tax over the fiscal year.
€ 18,737
▲ € 15,472 vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -87,436.
People and assets in 2024
€ 288,084
▼ 8% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 20,178
▼ 31% vs 2023
Of which on lease € 799.
Debts at end 2024
€ 31,529
▲ 105% vs 2023
Loans from banks and other lenders, long and short.
€ 196,585
▼ 28% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 20,052
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|
| Gross margin | € 135,854 | € 292,790 | € 242,291 | ▼ 17% |
| Profit after taxes | € 71,627 | € -46,192 | € -72,871 | ▼ € 26,679 |
| Equity | € 31,627 | € -14,565 | € -87,436 | ▼ € 72,871 |
| Total debts | € 103,368 | € 310,322 | € 271,302 | ▼ 13% |
| Cash | € 24,761 | € 3,265 | € 18,737 | ▲ € 15,472 |
| Retained profit | € 31,627 | € -14,565 | € -87,436 | ▼ € 72,871 |
| Dividend | € 40,000 | € 0 | € 0 | |
| Bank debt | € 15,400 | € 15,400 | € 31,529 | ▲ 105% |
| Balance sheet total | € 134,995 | € 295,757 | € 183,866 | ▼ 38% |
By gross margin, UGK GROUP ranks 5th of 129 companies with main activity “Algemene bouw van residentiële gebouwen” in Grimbergen that publish figures (fiscal year 2024).
Key figures of UGK GROUP, fiscal years 2022 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
Ask about UGK GROUP the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to UGK GROUP?
What happened at UGK GROUP in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 72,871. filed late Source: NBB ↗
- Incorporation, published in the Gazette. Source: Staatsblad ↗
- New establishment in Vilvoorde. KBO
In short
From € 71,627 profit in 2022 to € 72,871 loss in 2024.
Paid € 9,996 in corporate taxes since 2022.
Best year ever: 2022, with € 71,627 profit.
Paid out € 40,000 in dividends to the owners in total.
Establishments
Establishment units
Physical locations of this company
Kleinewinkellaan 64b
1853 Grimbergen
Meeuwenlaan 15a
1800 Vilvoorde
Active since 19 April 2022
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
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Shareholders according to the Official Gazette deeds
Who contributed at incorporation and at capital increases, with the deed as source. Later share transfers are not published in the Gazette.
Incorporation
Source: Deed ↗- DEMIRBAS Yusuf(oprichter) 100%
Details
- Company number
- 0784.934.589
- VAT number
- BE 0784.934.589
- Registered office
- Kleinewinkellaan 64b, 1853 Grimbergen
- Names & denominations
- UGK GROUP
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 April 2022
- Peppol
- Active · Active since 11 Oct 2026
- Activities · NACE
Algemene bouw van residentiële gebouwen
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