SMEunited
ActiveSMEunited has been active since 1990 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.00M and a net result of €124k. Equity is growing by ~13.1% per year across the filed fiscal years. Its solvency ranks better than 46% of 613 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
100
/ 100
Excellent▲ +14 vs 2023
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability62▲+46
Solvency100=
Growth52=
Stability100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €100k at 30 days acceptable
Liquidity ample (current ratio 7.08 against 8.2 in 2023), and 48.4% 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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 94
Relative position
BE, all sectors
reference
Sector 94
lower
← 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
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
51.6%
Return on assets
6.4%
Age of the figures
20 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-09-2025, 53 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 · 10 filingsDeviation from the deadline
2025
not confirmed
2024
53 d late
2023
62 d late
2022
60 d late
2021
52 d late
2020
236 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€124k▲ 347%
2023 · €28k
2018: €183k
2019: €12k
2020: €111k
2021: €185k
2022: €51k
2023: €28k
2018 → 2024
Working capital
€1.66M▲ 17.4%
2023 · €1.41M
2018: €832k
2019: €889k
2020: €1.06M
2021: €1.35M
2022: €1.41M
2023: €1.41M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€612k-€797k▲ 30.2%€848k▲ 6.4%€876k▲ 3.3%€1.00M▲ 14.2%
Operating result€109k-€190k▲ 74.2%€55k▼ 71.2%€28k▼ 48.0%€125k▲ 341%
Net result€111k-€185k▲ 67.2%€51k▼ 72.6%€28k▼ 45.2%€124k▲ 347%
Result per fiscal year
Operating resultNet result
The operating result recovers in 2024; 2024 is 341% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.94M
Fixed assets
€11k▼ 15.6%
Current assets
€1.93M▲ 20.1%
Equity and liabilities €1.94M
Equity
€1.00M▲ 14.2%
Provisions
€667k▲ 21.8%
Debt
€272k▲ 39.2%
The debt ratio rises from 12.1% to 14.0%: debt grows faster than equity.
Key figures and ratios
EBITDA
€131k▲
2023 · €34k
Cash flow
€130k▲
2023 · €34k
Solvency
51.6%▼
2023 · 54.1%
Current ratio
7.08▼
2023 · 8.20
Quick ratio
7.08▼
2023 · 8.20
Debt / equity
0.27▲
2023 · 0.22
ROE
12.4%▲
2023 · 3.2%
ROA
6.4%▲
2023 · 1.7%
Interest coverage
253.50▲
2023 · 107.79
Debt
€272k▲
2023 · €196k
Debt ≤ 1 year
€272k▲
2023 · €196k
Income taxes
€211▼
2023 · €266
Staff costs
€1.05M▼
2023 · €1.26M
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 · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€1.62M€1.94M▲
Fixed assets21/28€13k€11k▼
Tangible fixed assets22/27€13k€11k▼
Furniture and vehicles24€13k€11k▼
Financial fixed assets28-€405
Current assets29/58€1.61M€1.93M▲
Amounts receivable within one year40/41€290k€204k▼
Trade receivables40€228k€144k▼
Other amounts receivable41€63k€60k▼
Cash at bank and in hand54/58€1.30M€1.69M▲
Deferred charges and accrued income490/1€18k€36k▲
Equity and liabilities
Total equity and liabilities10/49€1.62M€1.94M▲
Equity10/15€876k€1.00M▲
Profit (loss) carried forward14€876k€1.00M▲
Provisions and deferred taxes16€547k€667k▲
Provisions for liabilities and charges160/5€547k€667k▲
Other liabilities and charges164/5€547k€667k▲
Amounts payable17/49€196k€272k▲
Amounts payable within one year42/48€196k€272k▲
Trade debts44€63k€132k▲
Suppliers440/4€63k€132k▲
Advances received on contracts in progress46-€35k
Taxes, remuneration and social security45€133k€105k▼
Taxes450/3€28k€8k▼
Remuneration and social security454/9€105k€97k▼
Income statement
Code20232024
Remuneration, social security and pensions62€1.26M€1.05M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€6k€6k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€27k€11k▼
Other operating charges640/8€1k€1k▲
Gross operating margin9900€1.29M€1.32M▲
Operating profit (loss)9901€28k€125k▲
Financial charges65/66B€319€516▲
Recurring financial charges65€319€516▲
Profit (loss) for the period before taxes9903€28k€125k▲
Income taxes67/77€266€211▼
Profit (loss) for the period9904€28k€124k▲
Profit (loss) for the period to be appropriated9905€28k€124k▲
Appropriation of the result
Profit (loss) to be appropriated9906€876k€1.00M▲
Profit (loss) brought forward from the previous period14P€848k€876k▲
Social balance
Average headcount (FTE)908713.310.9▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
22-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 53 days late
2024
31-12
Financial
Equity above €1MEq €1.00M ▲14.2%
7 profitable years in a row build equity to €1.00M.
01-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 62 days late
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 60 days late
2022
21-09
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 52 days late
24-03
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 236 days late
2021
31-12
Financial
Highest result since 2018net €185k ▲67.2%
Net result €185k, the highest in the series.
2020
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 91 days late
2019
31-12
Financial
Weakest financial yearnet €12k ▼93.5%
Net result drops to €12k, the lowest in the series; recovery starts the following year.
31-12
Financial
Equity above €500kEq €502k ▲2.4%
2 profitable years in a row build equity to €502k.
26-09
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 57 days late
2018
22-08
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 22 days late
05-03
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 217 days late
2017
20-01
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 173 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
06-06-2025
Van Assche Danny: Resigned as Director
01-01-2024
Mr. Dimitrios Asimakopoulos: Resigned as Director
01-01-2024
Mr. Marc Gross: Resigned as Director
01-01-2023
Carlo Massoletti: Resigned as Director
01-01-2023
Mr. Claudio Cappellini: Resigned as Director
01-01-2023
Mr. Egbert Roozen: Resigned as Director
01-01-2023
Mr. Hans Peter Wollseifer: Resigned as Director
01-01-2023
Mr. Josep González: Resigned as Director
01-01-2023
Ms Anne Majerus: Resigned as Director
01-01-2018
Hr. Jerzy Bartnik: Resigned as Director
01-01-2018
M. Alain Griset: Resigned as Director
01-01-2018
M. François Moutot: Resigned as Director
01-01-2018
M. Norbert Geisen: Resigned as Director
01-01-2018
Mr Markus Straube: Resigned as Director
01-01-2018
Mr Riccardo Viaggi: Resigned as Director
01-01-2018
Mr. Alan Žepec: Resigned as Director
01-01-2018
Phidias Pilides: Resigned as Director
01-01-2018
Van Eetvelt Karel: Resigned as Director
01-01-2017
Mr. Algimantas Jasinskas: Resigned as Director
01-01-2017
Mr. Peter Faross: Resigned as Director
10-06-2016
Mr. Jussi Järventaus: Resigned as Director
10-06-2016
Mr. Ovidiu Nicolescu: Resigned as Director
01-01-2016
Dipl.-Ing Otto Kentzler: Resigned as Director
01-01-2016
Hr. Hans-Günther Beyerstedt: Resigned as Director
+ 37 not shown in this overview
Location & real-estate footprint
Registered office, Brussel · 1 establishment unit since 1990
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.
Jacques de Lalaingstraat 41040 BrusselGround area
623 m²
Building footprint
623 m²
Volume, LiDAR
8,410 m³
Parcel 21805E0212/00P004, Brussels · tallest building 23.3 m, ±6 floors. Linked by address, not a title deed.
1 establishment unit
Jacques de Lalaingstraat 4, 1040 Brussel
since 19902.230.430.371
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21805E0212/00P004 | Brussels | 623 m² | 1 · 623 m² | 23.3 m · 6 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.
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Of 1,252 companies in sector 94110 we hold annual accounts for 577. 485 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formInt'l non-profit association
Founded13-08-1990
Fiscal year end31-12
Activities, NACEBEL
94110Activities of business and employers' organisations
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:info@ueapme.com
Phone:02 230 75 99