Result
€26,336 €26,336
Back in profit in 2024, after a loss of €91,732 in 2023.
UMU
Lifetime
18 annual accounts with figures on one time axis, 25 filings since 1999peak €906,356 (2020)
-€32,636▲ €127,333
lowest -€132,187 (2022)
€26,336▲ €118,067
peak €501,120 (2021)
€303,537▲ 9.5%
€403,838▲ 23.7%
peak 0.5 FTE (2007)
-not published
Board1 name since 2005
1 directorSven Bullaert
Documentsfilings and deeds
31-07-2025on the last day
2024micro format
Gross margin from -€159,969 to -€32,636Back to profit: €26,336Debts from €326,355 to €403,838Cash from €3,462 to €278
Key points
from the 2024 annual accountsFilings
25 annual accounts 100 days past the deadline
2025 accounts not filed: deadline was 31-07-2026.
Position in the sector
€303,537
More equity than 91% of companies in retail trade. Sector median €39,283 · 25,611 companies.
Turnover not published (abbreviated or micro format)
Checked score
52
Fair
Financially stronger than 44% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%
Bankruptcy probability within 12 months
2.6% Moderate
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.6% across 40,271 companies (NACE 47, micro).
About 3 in 100 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 1.3%
01-2025: 1.3%● unchanged vs 12-2024
02-2025: 1.3%● unchanged vs 01-2025
03-2025: 1.3%● unchanged vs 02-2025
04-2025: 1.3%● unchanged vs 03-2025
05-2025: 1.2%▼ -0.1 percentage points vs 04-2025
06-2025: 1.1%▼ -0.1 percentage points vs 05-2025
07-2025: 1.3%▲ +0.2 percentage points vs 06-2025
08-2025: 1.7%▲ +0.4 percentage points vs 07-2025
09-2025: 0.9%▼ -0.8 percentage points vs 08-2025
10-2025: 0.9%● unchanged vs 09-2025
11-2025: 0.9%● unchanged vs 10-2025
12-2025: 0.9%● unchanged vs 11-2025
01-2026: 0.9%● unchanged vs 12-2025
02-2026: 0.9%● unchanged vs 01-2026
03-2026: 0.9%● unchanged vs 02-2026
04-2026: 0.9%● unchanged vs 03-2026
05-2026: 0.9%● unchanged vs 04-2026
06-2026: 0.8%▼ -0.1 percentage points vs 05-2026
07-2026: 0.8%● unchanged vs 06-2026lowest value
08-2026: 1.6%▲ +0.8 percentage points vs 07-2026
09-2026: 1.8%▲ +0.2 percentage points vs 08-2026
10-2026: 2.6%▲ +0.8 percentage points vs 09-2026highest value
11-2026: 2.6%● unchanged vs 10-2026highest value
Financial strengthWeak
Score breakdown
raises risk
Liquidity: current ratio 3.14, cash €278, halved
Figures for financial year 2024 (filed on 01-08-2025)
1 financial year not filed after the legal deadline; 1 of the last 3 accounts late
lowers risk
Founded in 1998
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 47, micro). It does better than 58% of them on solvency, 34% on liquidity, 23% on profitability and 60% on growth.
The bankruptcy probability was computed on 08-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
The probability rests on the annual accounts with balance sheet date 31-12-2024.
Of the companies with a bankruptcy probability in the moderate class on 30-06-2025, 2.4% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 14,766 companies had the same profile as UMU has now. Each dot stands for 37 companies, two years later.
96.2%
were still trading
3.5%
stopped another way
0.2%
went bankrupt
Another 0.1% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of UMU itself is higher: 2.6% within 12 months. It rests on far more data about UMU than the profile alone.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 14,766 companies, not a prediction for UMU. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €15,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is ample, with a current ratio of 3.14 (5.91 in 2023), above the usual 1.5. Short-term debt is 30.8% and cash 0% of total assets. However, 57.1% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Six signals.
lowers riskraises riskneutral
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 100 days later.
NBB · 10 filingsPosition against the passed deadline
31-12-2025 year end31-07-2026 deadline08-11-2026 today
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 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
on the day
2023
1 day early
2022
60 days late
2021
79 days late
2020
101 days late
2019
91 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 6 accounts on average 55 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (1)
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0464056413
Merger proposal: H.O.M.E. takes over THE LAB
Appointment: Sven Bullaert (director) · Sven Bullaert holds 750 shares (100%) · The company holds all the shares of THE LAB · Gazette deed
First establishment
Spletterendreef 1, Lokeren
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| UMU Lokeren | €0.7m | -€32,636 | 42.9% | - |
| LOREN Brussels | €0.6m | -€10,529 | 56.6% | - |
| SOCIETE MONDIALE DE COMPLEMENTS NUTRITIONNELS Heist-op-den-Berg | €0.8m | -€12,341 | 93.3% | - |
| MEDIO Boortmeerbeek | €1.1m | -€287,897 | -20.7% | 4.2 |
| THINKTRENDY Dilsen-Stokkem | €0.4m | -€9,874 | 88.7% | - |
| GEMINI Balen | €0.6m | -€6,084 | 17.6% | - |
| HOBBYCENTER PARIDAEN Oostkamp | €1.4m | -€5,600 | 83.6% | 0 |
These companies have the same main activity as UMU: other non-specialised retail sale (NACE 47120). They are comparable in size and age: total assets between €449,000 and €1.4m, founded between 1996 and 2004.
Official details
Source: KBO- Status
- Active since 01-09-1998Normal situation
- Activity
- Other non-specialised retail saleNACE 47120and 4 others
- Establishment unit
- 2.125.987.0089160 Lokeren, since 11-04-2003
- Financial year end
- 31 December
- Peppol
- Reachable since 08-01-2026
Insights on UMU
UMU files the micro format. That format states no turnover. The gross margin fell from €345,891 in 2007 to -€32,636 in 2024.
The balance sheet grew most from 2016 to 2018 through fixed assets.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about UMU
- What is the company number of UMU?
- The company number of UMU is 0464.056.413. The VAT number is the same number with BE in front: BE 0464.056.413.
- Where is UMU based?
- The registered office is at Spletterendreef 1, 9160 Lokeren.Company details
- What does UMU do?
- According to the KBO register, the main activity is other non-specialised retail sale (NACE 47120).
- What is the legal form of UMU?
- UMU is a private limited company (BV).
- When was UMU founded?
- UMU was founded on 01-09-1998.
- Is UMU still active?
- Yes, UMU is an active enterprise in the KBO register.
- What is the turnover of UMU?
- The annual accounts for financial year 2024 state no turnover. The abbreviated or micro format does not require it.Financials
- Is UMU profitable?
- In financial year 2024, UMU made a profit of €26,336.
- Where can I find the annual accounts of UMU?
- UMU filed 25 annual accounts with the National Bank of Belgium, the latest for financial year 2024.
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