UTRADE
Open bankruptcyA bankruptcy procedure is open for UTRADE according to publications in the Belgian State Gazette; curator: JEAN-MICHEL DERICK.
Summary
The 2024 annual accounts show equity of €11,390 and a net result of -€39,602.
Are you a creditor?
Open bankruptcy
Source: Belgian Official Gazette
If this company owes you money, you are not paid automatically: you file your claim yourself, within the deadline the judgment sets.
The procedure
- Court
- French-language Enterprise Court of Brussels
- Declared bankrupt
- 13 October 2025
- Supervising judge
- Paul-Emmanuel De Cambry
- Official Gazette
- 20-10-2025 (pdf) ↗search the document for 2025/142467
Deadlines
- Appeal or third-party opposition until
- passed on 4 November 2025Fifteen days after the publication in the Official Gazette.art. XX.108 CEL
- File the claim in RegSol until
- passed on 12 November 2025art. XX.104 and XX.155 CEL
- First verification report
- passed on 19 November 2025Goods that belong to you, such as those delivered under retention of title, are reclaimed before this day.art. XX.104 and XX.194 CEL
- Late claim until
- 13 October 2026Late, you share only in what has not been paid out yet, and the costs are yours.art. XX.165 CEL
Curator
- Jean-Michel DerickAvenue Louise 391 Bte 3, 1050 Fr Bruxelles 5jeanmichel.derick@edpnet.be
What to do now
- Do not deliver on credit any more without an agreement with the curator.
- Gather your documents: invoices, purchase orders, contract, delivery notes and reminders.
- File your proof of claim in RegSol (regsol.be), yourself with eID or itsme, or through your lawyer. State principal, interest and costs separately, and any preferential right you hold.
- Delivered under retention of title? Reclaim your goods before the first report on the verification of claims.
- Ask your accountant about the VAT on the unpaid invoices: in a bankruptcy it can be recovered under conditions.
- Follow the file in RegSol: the verification report (admitted or disputed) and the curator's reports appear there.
The deadlines above come from the publication of the judgment. Check them in RegSol before you file anything; a passed deadline no longer applies.
File a claim in RegSol ↗
Watch
Follow this bankruptcy: you are alerted when it is closed or reversed.
General information, not legal advice. If in doubt, the curator, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 20% of 5897 sector peers (2024).
NBB · sector comparisonPosition among 5897 sector peers
Solvency
better than 20%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-06-2025, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
36 d early
2023
97 d late
2022
88 d late
2021
15 d late
2019
68 d late
2018
119 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 59 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 43% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
Who ran this company, and where was it based, on a date before the end?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?Process a list How is the Other building cleaning and industrial cleaning sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Turnover
€351,165▲ 49.5%
2022 · €234,922
EBIT margin
7.1%▼ 1.9pp
2022 · 9.0%
Net result
-€39,602
2023 · €24,547
Working capital
€10,536▼ 76.9%
2023 · €45,656
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20192021202220232024
Turnover€235,942▲ 11.3%€234,922€351,165▲ 49.5%
Operating result€15,810▲ 21.7%€23,124-€21,160▼ 8.5%€24,793▲ 17.2%-€15,108
Net result€15,734▲ 11.5%€16,977within the sector's middle half--€2,667below the sector's middle half€24,547within the sector's middle half-€39,602below the sector's middle half
EBIT margin6.7%▲ 0.6pp9.0%7.1%▼ 1.9pp
Equity€16,263▲ 2,977%€29,112within the sector's middle half-€26,445within the sector's middle half▼ 9.2%€50,992within the sector's middle half▲ 92.8%€11,390below the sector's middle half▼ 77.7%
Total assets€54,112▲ 51.8%€86,257within the sector's middle half-€86,094within the sector's middle half▼ 0.2%€91,680within the sector's middle half▲ 6.5%€88,538within the sector's middle half▼ 3.4%
Debt€37,849▲ 7.7%€57,146-€59,650▲ 4.4%€40,688▼ 31.8%€77,148▲ 89.6%
Working capital€15,603€24,589within the sector's middle half-€20,930within the sector's middle half▼ 14.9%€45,656within the sector's middle half▲ 118%€10,536within the sector's middle half▼ 76.9%
Solvency30.1%▲ 28.6pp33.7%within the sector's middle half-30.7%within the sector's middle half▼ 3.0pp55.6%within the sector's middle half▲ 24.9pp12.9%below the sector's middle half▼ 42.8pp
Current ratio1.41▲ 0.421.43within the sector's middle half-1.35within the sector's middle half▼ 0.082.12within the sector's middle half▲ 0.771.14within the sector's middle half▼ 0.99
Return on assets (ROA)29.1%▼ 10.5pp19.7%above the sector's middle half--3.1%below the sector's middle half▼ 22.8pp26.8%above the sector's middle half▲ 29.9pp-44.7%below the sector's middle half▼ 71.5pp
Staff (FTE)4.7-
above
within
below
the middle half (P25 to P75) of NACE 81, Services to buildings and landscape activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €15,108 after €24,793 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €88,538
Fixed assets
€854 ▼ 84.0%
Current assets
€87,684 ▲ 1.6%
Equity and liabilities €88,538
Equity
€11,390 ▼ 77.7%
Debt
€77,148 ▲ 89.6%
Debt's share of the balance-sheet total rises from 44.4% to 87.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
-€14,009▼
2023 · €26,080
Cash flow
-€38,503▼
2023 · €25,834
Debt to equity
6.77▲
2023 · 0.80
ROE
-347.7%▼
2023 · 48.1%
Interest coverage
-43.51▼
2023 · 105.56
Debt ≤ 1 year
€77,148▲
2023 · €40,688
Income taxes
€24,172
Staff costs
€135,306▲
2023 · €111,529
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €235,942 | - | €234,922 | €351,165 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €63,749 | €50,114 | €211,483 | - | - |
| Remuneration, social security and pensions62 | - | €133,510 | €121,494 | €111,529 | €135,306 | ▲ 21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | €693 | €1,287 | €1,287 | €1,099 | ▼ 14.6% |
| Other operating charges640/8 | - | €1,282 | €17,744 | €2,074 | €387 | ▼ 81.3% |
| Non-recurring operating charges66A | - | - | €23,123 | - | €3,383 | - |
| Gross operating margin9900 | €151,080 | €158,610 | €184,807 | €139,682 | €125,067 | ▼ 10.5% |
| Operating profit (loss)9901 | €15,810 | €23,124 | €21,160 | €24,793 | -€15,108 | ▼ 161% |
| Financial income75/76B | - | - | €2 | €1 | €0 | ▼ 99.0% |
| Recurring financial income75 | - | - | €2 | €1 | €0 | ▼ 99.0% |
| Financial charges65/66B | - | €751 | €491 | €247 | €322 | ▲ 30.3% |
| Recurring financial charges65 | €76 | €751 | €491 | €247 | €322 | ▲ 30.3% |
| Non-recurring financial charges66B | - | - | - | - | €0 | - |
| Profit (loss) for the period before taxes9903 | €15,734 | €22,374 | €20,670 | €24,547 | -€15,430 | ▼ 163% |
| Income taxes67/77 | - | €5,396 | €23,337 | - | €24,172 | - |
| Profit (loss) for the period9904 | €15,734 | €16,977 | -€2,667 | €24,547 | -€39,602 | ▼ 261% |
| Profit (loss) for the period to be appropriated9905 | €15,734 | €16,977 | -€2,667 | €24,547 | -€39,602 | ▼ 261% |
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €54,112 | €86,257 | €86,094 | €91,680 | €88,538 | ▼ 3.4% |
| Fixed assets21/28 | €659 | €4,522 | €5,515 | €5,336 | €854 | ▼ 84.0% |
| Tangible fixed assets22/27 | - | €3,668 | €4,661 | €4,482 | - | - |
| Plant, machinery and equipment23 | - | €1,117 | €866 | €616 | - | - |
| Furniture and vehicles24 | - | €2,552 | €3,795 | €3,866 | - | - |
| Financial fixed assets28 | €659 | €854 | €854 | €854 | €854 | = |
| Current assets29/58 | €53,452 | €81,735 | €80,579 | €86,344 | €87,684 | ▲ 1.6% |
| Amounts receivable within one year40/41 | €23,426 | €57,379 | €34,040 | €69,685 | €86,875 | ▲ 24.7% |
| Trade receivables40 | - | €42,371 | €8,305 | €20,903 | €37,590 | ▲ 79.8% |
| Other amounts receivable41 | - | €15,008 | €25,735 | €48,782 | €49,286 | ▲ 1.0% |
| Cash at bank and in hand54/58 | €30,027 | €24,356 | €42,882 | €11,161 | €809 | ▼ 92.8% |
| Deferred charges and accrued income490/1 | - | - | €3,657 | €5,498 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €54,112 | €86,257 | €86,094 | €91,680 | €88,538 | ▼ 3.4% |
| Equity10/15 | €16,263 | €29,112 | €26,445 | €50,992 | €11,390 | ▼ 77.7% |
| Contributions10/11 | €100 | €100 | €100 | €100 | €100 | = |
| Reserves13 | €808 | - | - | - | - | - |
| Profit (loss) carried forward14 | €15,354 | €29,012 | €26,345 | €50,892 | €11,290 | ▼ 77.8% |
| Amounts payable17/49 | €37,849 | €57,146 | €59,650 | €40,688 | €77,148 | ▲ 89.6% |
| Amounts payable within one year42/48 | €37,849 | €57,146 | €59,650 | €40,688 | €77,148 | ▲ 89.6% |
| Trade debts44 | €485 | €144 | €5,794 | €17,865 | €45,872 | ▲ 157% |
| Suppliers440/4 | - | €144 | €5,794 | €17,865 | €45,872 | ▲ 157% |
| Advances received on contracts in progress46 | - | €22,173 | - | - | - | - |
| Taxes, remuneration and social security45 | - | €34,829 | €53,856 | €22,823 | €23,781 | ▲ 4.2% |
| Taxes450/3 | - | €33,532 | €35,708 | €22,823 | €21,950 | ▼ 3.8% |
| Remuneration and social security454/9 | - | €1,297 | €18,148 | - | €1,832 | - |
| Other amounts payable47/48 | - | - | - | - | €7,494 | - |
| Line | 2019 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €15,734 | €16,977 | -€2,667 | €24,547 | -€39,602 | ▼ 261% |
| + Depreciation and write-downs630 | - | €693 | €1,287 | €1,287 | €1,099 | ▼ 14.6% |
| Operating cash flow (approximation) | €15,734 | €17,671 | -€1,380 | €25,834 | -€38,503 | ▼ 249% |
| Investment in fixed assets (approximation) | - | - | -€2,279 | -€1,107 | €3,383 | ▲ 405% |
| Change in cash | - | - | €18,526 | -€31,721 | -€10,352 | ▲ 67.4% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
02-09
Bankruptcy
Supervising judge replaced
Tribunal de l’entreprise francophone de Bruxelles · event 21-08-2026
2025
20-10
Bankruptcy
Opening
Tribunal de l’entreprise francophone de Bruxelles · event 13-10-2025
25-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet -€39,602
Net result drops to -€39,602, the lowest in the series.
05-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 97 days late
2023
31-12
Financial
Back to profitnet €24,547
Net result €24,547 after one loss-making year.
27-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 88 days late
2022
15-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 15 days late
2020
07-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 68 days late
2019
27-11
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 119 days late
2018
19-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 50 days late
2017
29-11
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 121 days late
2016
08-09
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 39 days late
2015
31-12
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 153 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
2 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, Brussel · 1 establishment unit since 2012
Ground area
1,574 m²
Building footprint
1,579 m²
Volume, LiDAR
46,471 m³
Parcel 21807G0135/00T003, Brussels · tallest building 46.6 m, ±13 floors. Linked by address, not a title deed.
284
companies at this address
See who is registered here
1 establishment unit
Louizalaan 251, 1050 Brussel
since 20122.269.009.152
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21807G0135/00T003 | Brussels | 1,574 m² | 1 · 1,579 m² | 46.6 m · 13 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | JEAN-MICHEL DERICK AVENUE LOUISE 391 BTE 3,
1050 FR BRUXELLES 5 |
13-10-2025 → present |
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Of 6,996 companies in sector 81220 we hold annual accounts for 2,415. 1,514 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded20-12-2012
Fiscal year end31-12
Activities, NACEBEL 2025
81220Other building cleaning and industrial cleaning
49410Freight transport by road
81210General cleaning of buildings
81230Other cleaning activities
82100Office administrative and support services
82300Organisation of conventions and trade shows
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.