Sub Undam
The computed 12-month bankruptcy probability of Sub Undam is 1.1% (low). The 2024 annual accounts show equity of €8k and a net result of €2k. Its solvency ranks better than 23% of 507 sector peers (fiscal year 2024). The company has been active since 2023 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €8k |
| Net result | €2k |
| Better than sector | 23% |
| Active | 3 yrs |
Mixed profile: strong on profitability, weaker on solvency.
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 13.2% | 47.3% | |
| Net result | €2k | €9k | |
| Equity | €8k | €27k | |
| Gross operating margin | €8k | €24k | |
| Total assets | €59k | €65k |
| Fiscal year | 2024 |
|---|---|
| Revenue | - |
| EBITDA | €7k |
| Net profit | €2k |
| Cash flow | €4k |
| Staff costs | - |
| Income taxes | €849 |
| Dividends | €0 |
| Total assets | €59k |
| Equity | €8k |
| Debt | €51k |
| of which ≤ 1y | €16k |
| of which > 1y | €35k |
| Working capital | €-3k |
| Employees (FTE) | - |
| 2024 | |
|---|---|
| Current ratio | 0.83 |
| Quick ratio | 0.83 |
| Working capital ratio | -4.7% |
| Solvency | 13.2% |
| Debt / equity | 6.60 |
| Long-term debt ratio | 4.53 |
| Interest coverage | 3.59 |
| Gross margin | - |
| Net margin | - |
| ROA | 2.7% |
| ROE | 20.2% |
| EBITDA margin | - |
| Days sales outstanding | - |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €59k |
| Fixed assets | 21/28 | €46k |
| Formation expenses | 20 | €0 |
| Tangible fixed assets | 22/27 | €46k |
| Current assets | 29/58 | €13k |
| Amounts receivable within one year | 40/41 | €10k |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €59k |
| Equity | 10/15 | €8k |
| Reserves | 13 | €8k |
| Amounts payable | 17/49 | €51k |
| Amounts payable after one year | 17 | €35k |
| Amounts payable within one year | 42/48 | €16k |
| Trade debts payable within one year | 44 | €6k |
| Income statement | ||
| Gross operating margin | 9900 | €8k |
| Operating result | 9901 | €4k |
| Financial charges | 65 | €2k |
| Result before taxes | 9903 | €2k |
| Income taxes | 67/77 | €849 |
| Net result for the period | 9904 | €2k |
| Result to be appropriated | 9905 | €2k |
| NACE primary | 59113 |
| Legal form | Private limited company(610) |
| Incorporation | 22-02-2023 |
| Status | Active |
| Postal code | 2060 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11807G0193/00R009 | Flanders | 171 m² | 1 · 235 m² | 14.0 m · 3 fl. |
A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
11-09-2024 Articles of association amended, translation of the articles, coordination of the articles and amendment of specific articles
Technical details
{
"notary": {
"name": "Peter Timmermans",
"firm_city": null,
"firm_name": null,
"office_city": "Antwerpen",
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2024-09-11",
"filing_date": "2024-09-09",
"act_kind_objet": "STATUTEN (VERTALING, COORDINATIE, OVERIGE WIJZIGINGEN)"
},
"decision": {
"body": "buitengewone_algemene_vergadering",
"act_date": "2024-08-30",
"unanimous": null
},
"statute_change": {
"kinds": [
"translation",
"coordination",
"targeted_amendment"
],
"scope": "full_restatement",
"trigger": null,
"language_after": null,
"language_before": null
},
"bedrijfsrevisor": null,
"subject_company": {
"kbo": "0798.733.731",
"name_full_after": "Sub Undam",
"legal_form_after": "BESloten Vennootschap",
"name_full_before": "Sub Undam",
"current_zetel_raw": "Marnixstraat 18 2060 Antwerpen",
"legal_form_before": "BESloten Vennootschap"
},
"special_mandates": [
{
"holder_kbo": "0811.096.677",
"holder_name": "MD Accounting",
"scope_categories": [
"kbo",
"btw",
"publication"
],
"with_substitution": true
}
],
"articles_modified": [
{
"summary": "Artikel 3 is volledig herformuleerd om een uitgebreide, niet-exhaustieve lijst van activiteiten toe te voegen die de vennootschap mag uitoefenen, zowel voor eigen rekening als voor rekening van derden.",
"new_text": "\u201C\u201CArtikel 3 : Voorwerp\nDe vennootschap heeft tot voorwerp, zowel voor eigen rekening als voor rekening van derden, zowel\nin Belgi\u00EB als in het buitenland:\nOnderwaterwerk voor Film- en Televisie-projecten. Zowel in Studio als in het In-Shore water.\nWerkzaamheden onderwater inspectie, kleine maritieme onderwater onderhouds- of\nherstellingswerken.\nHet aannemen van projecten voor het vervaardigen van d",
"change_kind": "amended",
"article_title": "Voorwerp",
"article_number": "3"
}
],
"governance_change": null,
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Peter Timmermans",
"org_rep_person_name": null
},
"co_filed_documents": [
"uitgifte akte",
"co\u00F6rdinatie statuten"
],
"shareholder_rights": null,
"voorwerp_change_summary": "De vennootschap heeft tot voorwerp, zowel voor eigen rekening als voor rekening van derden, zowel in Belgi\u00EB als in het buitenland, een uitgebreide lijst van activiteiten toegevoegd, waaronder onderwaterwerk voor film- en televisieprojecten, productie van films en televisieprogramma\u0027s, diverse bouwwerkzaamheden, detailhandel, ontwerpen, en ondersteunende activiteiten voor uitvoerende kunsten.",
"capital_structure_change": null,
"coordinated_text_lineage": null
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Sub Undam |