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L'Union

Active
Coöperatieve vennootschap (oud statuut)founded 1908active for 118 yearsRue Reine Astrid 69, 4470 Saint-Georges-sur-Meuse, BelgiumKBO/BCE: BE 0404.447.141
Summary

L'Union has been active since 1908 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€44,218) and a net result of €151. Equity has been shrinking by about 9% per year since 2018. Its solvency ranks better than 5% of 16,996 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (low).

Overview

Official details

Source: KBO
Status
Active since 31-05-1908 Normal situation
Activity
Cafés and bars NACE 56301and 1 other
Establishment unit
2.006.649.193 4470 Saint-Georges-sur-Meuse, since 01-06-1909
Financial year end
31 December
Peppol
Reachable since 22-12-2025

Board and ownership

Board
and 13 others

Financial position

54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.9%
Annual accounts 2025
Gross margin
€973
▼ 59.7%
Turnover
≈ €9,900
estimated
Profit
€151
▼ 91.3%
Equity
-€44,218
▲ 0.3%
Total assets
€16,713
▲ 3.3%
Employees on 31-12-2025
0
  • Negative equity on 31-12-2025
Filed on 20-04-2026, 102 days before the deadline
Score breakdownraises riskCapped at 59: negative equitySector: Food and beverage service activities (NACE 56)Negative equity -€44,218lowers riskSize: total assets €16,713Founded in 1908Show the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 27% of micro companies in food and beverage service (NACE 56)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick: 2024
Weak
Solvency 0=
equity -264.6% of total assets
Liquidity 31+4
short-term debt 364.6% · cash 24.6%
Profitability 45-37
return on assets 0.9%
Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,778 companies, NACE 56, micro)
Last 24 months 12-2024: 1.8% 01-2025: 1.8%● unchanged vs 12-2024 02-2025: 1.8%● unchanged vs 01-2025 03-2025: 1.8%● unchanged vs 02-2025 04-2025: 1.9%▲ +0.1 percentage points vs 03-2025highest value 05-2025: 1.8%▼ -0.1 percentage points vs 04-2025 06-2025: 1.8%● unchanged vs 05-2025 07-2025: 0.7%▼ -1.1 percentage points vs 06-2025 08-2025: 0.7%● unchanged vs 07-2025 09-2025: 0.7%● unchanged vs 08-2025 10-2025: 0.7%● unchanged vs 09-2025 11-2025: 0.7%● unchanged vs 10-2025 12-2025: 0.7%● unchanged vs 11-2025 01-2026: 0.7%● unchanged vs 12-2025lowest value 02-2026: 0.7%● unchanged vs 01-2026lowest value 03-2026: 0.7%● unchanged vs 02-2026 04-2026: 0.7%● unchanged vs 03-2026 05-2026: 0.9%▲ +0.2 percentage points vs 04-2026 06-2026: 0.9%● unchanged vs 05-2026 07-2026: 0.9%● unchanged vs 06-2026 08-2026: 0.9%● unchanged vs 07-2026 09-2026: 0.9%● unchanged vs 08-2026 10-2026: 0.9%● unchanged vs 09-2026 11-2026: 0.9%● unchanged vs 10-2026
No credit on open account
Liquidity is insufficient, with a current ratio of 0.08 (0.07 in 2024), below 1. Short-term debt is 364.6% and cash 24.6% of total assets. Equity is negative.
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 56, micro). It does better than 9% of them on solvency, 26% on liquidity, 33% on profitability and 42% on growth.

The bankruptcy probability was computed on 01-11-2026 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.

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).

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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 · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Negative equity -€44,218
NBB · annual accounts
lowers risk · Size: total assets €16,713
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 1908
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 16996 sector peers (2025).
NBB · sector comparison
Position among 16996 sector peers
Solvency
better than 5%
← weakest strongest →
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 20-04-2026, 102 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
102 days early
2024
36 days early
2023
127 days early
2022
89 days early
2021
90 days early
2020
52 days late
2019
77 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 45 days before the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 2 May (4 of the last 5 accounts filed within 36 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
02-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: Negative equitydebts exceed assets in financial year 2025 -€44,218 View
  • Caution: Lower solvency than 95% of companies in food and beverage servicesector median 29.6% · 16,996 companies -264.6% View
  • New directorslatest change 25-03-2026 · 16 in office 3 joined View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

Recent changes

  1. · Gazette deed Reappointments: Michel LACROIX, Christian BERNARD and 2 othersResignation: Christian BERNARD (director)
  2. · Gazette deed Reappointments: Jean-François WANTEN, Francis DEJON and 4 others
  3. · Gazette deed Resignations: Francis DEJON, Jean-François WANTEN and 8 othersAppointments: Jean-François WANTEN, Henri FOSSOUL and 8 others
All 18 events

Comparable companies

These companies have the same main activity as L'Union: cafés and bars (NACE 56301). They are comparable in size and age: total assets between €6,390 and €31,800, founded between 1956 and 1974.

CompanyTotal assetsGross margin
L'Union Saint-Georges-sur-Meuse€16,713€973
Cafetaria Louise Ukkel€12,885€869
Habeauté Gavere€13,086-€762
SOJEMA Antwerpen€22,186-€6,038
MARICAU Ieper€31,757-€1,432
Société Royale Notre-Dame Eben-Emael Bassenge€22,544€2,486
ROYAL SPORTING CLUB WASMES Colfontaine€6,393-€7,150
Full comparison

Key facts about L'Union

What is the company number of L'Union?
The company number of L'Union is 0404.447.141. The VAT number is the same number with BE in front: BE 0404.447.141.
Where is L'Union based?
The registered office is at Rue Reine Astrid 69, 4470 Saint-Georges-sur-Meuse.Company details
What does L'Union do?
According to the KBO register, the main activity is cafés and bars (NACE 56301).
What is the legal form of L'Union?
The legal form of L'Union is Coöperatieve vennootschap (oud statuut).
When was L'Union founded?
L'Union was founded on 31-05-1908.
Is L'Union still active?
Yes, L'Union is an active enterprise in the KBO register.
What is the turnover of L'Union?
The turnover in financial year 2025 is ≈ €9,900. This figure is estimated from the gross margin of €973 and 101 comparable companies (NACE 56301). It probably lies between €5,000 and €22,000. It is a rough estimate.Financials
Is L'Union profitable?
In financial year 2025, L'Union made a profit of €151.
Where can I find the annual accounts of L'Union?
L'Union filed 49 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of L'Union due?
L'Union must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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