BAD UNICORN
ActiveBAD UNICORN has been active since 2013 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €332k and a net result of €57k. Equity is growing by ~18.5% per year across the filed fiscal years. Its solvency ranks better than 47% of 11209 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2025
69
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability77▲+25
Solvency63▲+8
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity tight (current ratio 1.34 against 1.09 in 2024; short-term debt: 11.6% and cash: 1.4% of total assets), and 61.5% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
38.5%
Return on assets
6.6%
Age of the figures
9 mo
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-07-2026, 13 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
13 d early
2024
29 d early
2023
26 d early
2022
7 d early
2021
3 d early
2020
31 d late
2019
2 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Turnover
€469k
EBIT margin
17.0%
Net result
€57k▲ 1,165%
2024 · €5k
2018: €21k
2019: €47k
2020: €48k
2021: €-12k
2022: €73k
2023: €59k
2024: €5k
2018 → 2025
Working capital
€35k▲ 112%
2024 · €16k
2018: €61k
2019: €99k
2020: €109k
2021: €112k
2022: €35k
2023: €60k
2024: €16k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€156k-€229k▲ 47.1%€289k▲ 25.9%€287k▼ 0.7%€332k▲ 15.9%
Operating result€-4k-€112k€97k▼ 13.4%€21k▼ 78.4%€92k▲ 338%
Net result€-12k-€73k€59k▼ 19.1%€5k▼ 92.4%€57k▲ 1,165%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 338% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €864k
Fixed assets
€729k▼ 2.9%
Current assets
€135k▼ 28.9%
Equity and liabilities €864k
Equity
€332k▲ 15.9%
Debt
€532k▼ 18.7%
The debt ratio falls from 69.5% to 61.5%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€133k▲
2024 · €57k
Cash flow
€98k▲
2024 · €40k
Solvency
38.5%▲
2024 · 30.5%
Current ratio
1.34▲
2024 · 1.09
Quick ratio
0.72▲
2024 · 0.68
Debt / equity
1.60▼
2024 · 2.28
ROE
17.2%▲
2024 · 1.6%
ROA
6.6%▲
2024 · 0.5%
Interest coverage
9.84▲
2024 · 3.95
Debt
€532k▼
2024 · €654k
Debt ≤ 1 year
€100k▼
2024 · €174k
Debt > 1 year
€431k▼
2024 · €480k
Income taxes
€22k▲
2024 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€941k€864k▼
Fixed assets21/28€751k€729k▼
Intangible fixed assets21€27k€28k▲
Tangible fixed assets22/27€724k€701k▼
Land and buildings22€693k€676k▼
Furniture and vehicles24€7k€7k▼
Other tangible fixed assets26€25k€18k▼
Current assets29/58€190k€135k▼
Stocks and contracts in progress3€72k€63k▼
Stocks30/36€72k€63k▼
Amounts receivable within one year40/41€86k€58k▼
Trade receivables40€55k€44k▼
Other amounts receivable41€31k€15k▼
Cash at bank and in hand54/58€31k€12k▼
Deferred charges and accrued income490/1€767€2k▲
Equity and liabilities
Total equity and liabilities10/49€941k€864k▼
Equity10/15€287k€332k▲
Contributions10/11€12k€12k=
Reserves13€274k€320k▲
Distributable reserves133€274k€320k▲
Amounts payable17/49€654k€532k▼
Amounts payable after more than one year17€480k€431k▼
Financial debts170/4€480k€431k▼
Amounts payable within one year42/48€174k€100k▼
Current portion of amounts payable after more than one year42€48k€49k▲
Trade debts44€110k€38k▼
Suppliers440/4€110k€38k▼
Taxes, remuneration and social security45€3k€337▼
Taxes450/3€3k€337▼
Other amounts payable47/48€13k€13k▼
Accrued charges and deferred income492/3€381€381=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€35k€40k▲
Other operating charges640/8€4k€9k▲
Gross operating margin9900€61k€142k▲
Operating profit (loss)9901€21k€92k▲
Financial income75/76B€56€1▼
Recurring financial income75€56€1▼
Financial charges65/66B€14k€13k▼
Recurring financial charges65€14k€13k▼
Profit (loss) for the period before taxes9903€7k€79k▲
Income taxes67/77€2k€22k▲
Profit (loss) for the period9904€5k€57k▲
Profit (loss) for the period to be appropriated9905€5k€57k▲
Appropriation of the result
Profit (loss) to be appropriated9906€5k€57k▲
Transfer from equity791/2€7k€12k▲
Transfer to equity691/2€5k€57k▲
To other reserves6921€5k€57k▲
Profit to be distributed694/7€7k€12k▲
Return on contributions (dividend)694€7k€12k▲
The notes to these accounts (15 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
18-07
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
24-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Back to profitnet €73k
Net result €73k after one loss-making year.
31-12
Financial
Equity above €200kEq €229k ▲47.1%
Equity rises from €156k to €229k.
28-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet €-12k ▼125%
Net result drops to €-12k, the lowest in the series; recovery starts the following year.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-12
Financial
Equity above €150kEq €168k ▲40.1%
3 profitable years in a row build equity to €168k.
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €100kEq €120k ▲64.6%
2 profitable years in a row build equity to €120k.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
31-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 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, Esneux · 1 establishment unit since 2013
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.
Chemin des Houx 194130 EsneuxGround area
904 m²
Building footprint
142 m²
Parcel 62101A0432/00B002, Wallonia. Linked by address, not a title deed.
1 establishment unit
BAD UNICORN
since 20132.226.773.372
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62101A0432/00B002 | Wallonia | 904 m² | 1 · 142 m² | - |
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
Quarzo Rosa
BE 0811.820.516
Lommel · Eq €373k
DeCo-Vision
BE 0862.086.708
Deinze · Eq €260k
WELL I
BE 0425.178.714
Watermaal-Bosvoorde · Eq €495k
Fashionroom22
BE 0829.848.064
Antwerpen · Eq €534k
COLLECTIONS DE CHARME
BE 0880.241.544
Brussel · Eq €165k
Of 94 companies in sector 46424 we hold annual accounts for 44. 25 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-12-2013
Fiscal year end31-12
Activities, NACEBEL
46424Wholesale trade
46140Agents in the wholesale of industrial machinery, ships and aircraft
46160Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
68201Renting and operating of own or leased residential real estate, excluding social housing
Sources
Crossroads Bank for EnterprisesNational Bank · 12 filingsAddress and cadastre registers
Data from official sources, last processed on 16-09-2026. Scores and ratios are computed by Checked and are not a credit decision.