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Urban Prairie

Active
Private limited companyfounded 20214 yrs activeGroeningelaan(Kor) 2, 8500 Kortrijk, BelgiumKBO/BCE: BE 0774.577.464
Summary

Urban Prairie has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €176k and a net result of €76k. Equity is growing by ~74.8% per year across the filed fiscal years. Its solvency ranks better than 30% of 15367 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).

Checked score

Score 2024
73 / 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability89▼-11
Solvency63▼-14
Growth78=
Track record94
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €12k at 30 days acceptable
Liquidity ample (current ratio 2.06 against 1.99 in 2023; short-term debt: 24.7% and cash: 0.9% of total assets), but 61.6% of the assets are financed with debt.
Credit advice for your own amount and term

Signals

Three signals. The signal on the left, the evidence on the right.
lowers risk+raises riskneutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 69
Relative position
BE, all sectors
reference
Sector 69
lower
← fewer bankruptcies more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 4 years 0 10 y
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 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 · 3 filings
Deviation from the deadline
2025
not confirmed
2024
60 d late
2023
76 d late
2022
316 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · 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 2024, micro schema

Equity
€176k▲ 75.9%
2023 · €100k
2022: €26k 2023: €100k
2022 → 2024
Total assets
€458k▲ 136%
2023 · €194k
2022: €107k 2023: €194k
2022 → 2024
Net result
€76k▲ 0.8%
2023 · €75k
2022: €23k 2023: €75k
2022 → 2024
Working capital
€120k▲ 29.0%
2023 · €93k
2022: €88k 2023: €93k
2022 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line202220232024Trend
Equity€26k-€100k▲ 279%€176k▲ 75.9%
Operating result€38k-€106k▲ 179%€93k▼ 12.8%
Net result€23k-€75k▲ 222%€76k▲ 0.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
€0€50k€100kOperating result 2022: €38k€38kNet result 2022: €23k€23kOperating result 2023: €106k€106kNet result 2023: €75k€75kOperating result 2024: €93k€93kNet result 2024: €76k€76k202220232024€0€50k€100kOperating result 2022: €38k€38kNet result 2022: €23k€23kOperating result 2023: €106k€106kNet result 2023: €75k€75kOperating result 2024: €93k€93kNet result 2024: €76k€76k202220232024
The operating result falls in 2024; 2024 is 13% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €458k
Fixed assets €225k ▲ 2,917%
Current assets €233k ▲ 24.9%
Equity and liabilities €458k
Equity €176k ▲ 75.9%
Debt €282k ▲ 200%
Debt's share of the balance-sheet total rises from 48.5% to 61.6%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€126k
2023 · €110k
Cash flow
€109k
2023 · €79k
Current ratio
2.06
2023 · 1.99
Debt to equity
1.61
2023 · 0.94
ROE
43.2%
2023 · 75.3%
ROA
16.6%
2023 · 38.8%
Interest coverage
35.04
2023 · 17.77
Debt ≤ 1 year
€113k
2023 · €94k
Debt > 1 year
€168k
Income taxes
€21k
2023 · €29k
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 · 2024 against 2023 · 52 lines
Balance sheet Code20232024
Assets
Total assets20/58€194k€458k
Fixed assets21/28€7k€225k
Tangible fixed assets22/27€7k€225k
Land and buildings22-€218k
Furniture and vehicles24€7k€7k
Financial fixed assets28€475€475=
Current assets29/58€187k€233k
Amounts receivable after more than one year29€0-
Other amounts receivable291€0-
Amounts receivable within one year40/41€182k€221k
Trade receivables40€88k€20k
Other amounts receivable41€95k€202k
Cash at bank and in hand54/58-€4k
Deferred charges and accrued income490/1€4k€8k
Equity and liabilities
Total equity and liabilities10/49€194k€458k
Equity10/15€100k€176k
Contributions10/11€3k€3k=
Reserves13€97k€173k
Distributable reserves133€97k€173k
Profit (loss) carried forward14€0€0=
Amounts payable17/49€94k€282k
Amounts payable after more than one year17-€168k
Financial debts170/4-€168k
Amounts payable within one year42/48€94k€113k
Current portion of amounts payable after more than one year42-€15k
Financial debts43€37k€0
Credit institutions430/8€37k€0
Trade debts44€7k€13k
Suppliers440/4€7k€13k
Taxes, remuneration and social security45€48k€85k
Taxes450/3€45k€81k
Remuneration and social security454/9€3k€3k
Other amounts payable47/48€2k€0
Accrued charges and deferred income492/3€160€754
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€33k
Other operating charges640/8€2k€4k
Gross operating margin9900€112k€131k
Operating profit (loss)9901€106k€93k
Financial income75/76B€4k€8k
Recurring financial income75€4k€8k
Financial charges65/66B€6k€4k
Recurring financial charges65€6k€4k
Profit (loss) for the period before taxes9903€104k€97k
Income taxes67/77€29k€21k
Profit (loss) for the period9904€75k€76k
Profit (loss) for the period to be appropriated9905€75k€76k
Appropriation of the result
Profit (loss) to be appropriated9906€99k€76k
Profit (loss) brought forward from the previous period14P€23k€0
Transfer to equity691/2€97k€76k
To other reserves6921€97k€76k
Profit to be distributed694/7€2k€0
Return on contributions (dividend)694€2k€0

The notes to these accounts (12 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

2025
29-09
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 60 days late
2024
31-12
Financial Highest result since 2022net €76k ▲0.8%
Net result €76k, the highest in the series.
31-12
Financial Equity above €150kEq €176k ▲75.9%
3 profitable years in a row build equity to €176k.
15-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 76 days late
11-06
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 316 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Directors · office · real estate

Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kortrijk · 1 establishment unit since 2021
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.

Groeningelaan(Kor) 28500 Kortrijk
Ground area
112 m²
Building footprint
72 m²
Volume, LiDAR
715 m³
Parcel 34353B0098/00P022, Flanders · tallest building 11.9 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Urban Prairie
Groeningelaan(Kor) 2, 8500 KortrijkIT consultancy
since 20212.322.960.453
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
34353B0098/00P022 Flanders 112 m² 1 · 72 m² 11.9 m · 3 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.

Similar companies · same sector, comparable size

Of 2,762 companies in sector 69109 we hold annual accounts for 1,208. 928 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 formPrivate limited company
Founded24-09-2021
Fiscal year end31-12
Activities, NACEBEL 2025
69109Other legal services
70200Business and other management consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 3 filingsAddress and cadastre registers

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