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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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Busy address KBO
82 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
Utiq from Brussel, company number BE0799155284, closed financial year 2025 with a result of € -12.3 million after tax. For that financial year Utiq recorded a gross margin of € -9.6 million and equity of € 7.9 million. Compared with financial year 2024, the result moved from € -10.9 million to € -12.3 million. The company made a loss. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 27, 2026.
€ 7.9 million
▲ 52% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -12.3 million
▼ 13 % more loss than in 2024
Profit after tax over the fiscal year.
€ 5.2 million
▲ 97% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -29.1 million.
People and assets in 2025
3.5
▲ 0.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1 million
▼ 6% vs 2024
€ 299,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 2 million
▼ 75% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 367,718
▼ 16% vs 2024
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -4,844,877 | € -8,944,148 | € -9,647,537 | ▼ € 703,389 |
| Profit after taxes | € -5,966,556 | € -10,861,628 | € -12,299,595 | ▼ € 1.4 million |
| Equity | € 8,033,444 | € 5,171,816 | € 7,872,221 | ▲ 52% |
| Total debts | € 3,411,096 | € 9,069,943 | € 2,843,931 | ▼ 69% |
| Cash | € 6,344,689 | € 2,664,446 | € 5,243,540 | ▲ 97% |
| Retained profit | € -5,966,556 | € -16,828,184 | € -29,127,779 | ▼ € 12.3 million |
| Balance sheet total | € 11,444,540 | € 14,241,758 | € 10,716,152 | ▼ 25% |
| Employees (FTE) | 1.9 | 3 | 3.5 | ▲ 0.5 |
Key figures of Utiq, fiscal years 2023 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 Utiq?
What happened at Utiq in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 12.3 million. filed late Source: NBB ↗
- David del Val Latorre became a director. NBB
- New establishment in Brussel. KBO
- Bénédicte David became a director. NBB
- Stephan Jäckel became a director. NBB
- Nikolaos Vlachopoulos became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 6 million loss in 2023 to € 12.3 million loss in 2025.
Paid € 3,523 in corporate taxes since 2023.
Management
The stake of ATLAS SERVICES BELGIUM comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
UtiqBehind Utiq are Bénédicte David, Stephan Jäckel, Nikolaos Vlachopoulos and David del Val Latorre. The shares are held by ATLAS SERVICES BELGIUM (25%). It owns 100% of Utiq Italia SRL, 100% of UTIQ Deutschland GmbH, 100% of Utiq UK Ltd, 100% of Utiq France SAS and 100% of Utiq Solutions Espana SL itself.
Directors
According to the 2025 annual accounts
Bénédicte David
Director
since 2023
Stephan Jäckel
Director
since 2023
Nikolaos Vlachopoulos
Director
since 2023
David del Val Latorre
Director
since 2026
Shareholders
Participations
Utiq Italia SRL
100%
UTIQ Deutschland GmbH
100%
Utiq UK Ltd
100%
100%
Utiq Solutions Espana SL
100%
Establishments
Establishment units
Physical locations of this company
Wolstraat 70
1000 Brussel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 82 companies are registered at this address.
All companies at this address →finance&invest.brussels
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BRUSTART BY FINANCE&INVEST.BRUSSELS
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0799.155.284
- VAT number
- BE 0799.155.284
- Registered office
- Wolstraat 70, 1000 Brussel
- Names & denominations
- Utiq
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 March 2023
- Peppol
- Active · Active since 18 Mar 2024
- Activities · NACE
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