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U-Man-Tech

Active
Private limited companyfounded 2019active for 7 yearsAvenue Baudelaire 11, 1300 Wavre, BelgiumKBO/BCE: BE 0721.784.621
Summary

U-Man-Tech has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64,221 and a net result of €13,806. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 47% of 20,858 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Financials · financial year 2025, micro format

Equity
€64,221▼ 2.2%
2024 · €65,686
Total assets
€113,646▼ 0.4%
2024 · €114,139
Net result
€13,806▼ 16.4%
2024 · €16,514
Working capital
-€11,888
2024 · €1,630
Trend over the years

2021 to 2025, 5 financial years 2020 to 2025, 6 financial years

The operating result falls in 2025; 2025 is 10% below 2024.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€22,820 2025 Net result€13,806 2025

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line202020212022202320242025
Operating result€18,658-€22,546▲ 20.8%€28,345▲ 25.7%€14,621▼ 48.4%€25,395▲ 73.7%€22,820▼ 10.1%
Net result€13,455within the sector's middle half-€18,999within the sector's middle half▲ 41.2%€21,048within the sector's middle half▲ 10.8%€9,181within the sector's middle half▼ 56.4%€16,514within the sector's middle half▲ 79.9%€13,806within the sector's middle half▼ 16.4%
Equity€18,843below the sector's middle half-€37,842within the sector's middle half▲ 101%€58,090within the sector's middle half▲ 53.5%€57,171within the sector's middle half▼ 1.6%€65,686within the sector's middle half▲ 14.9%€64,221within the sector's middle half▼ 2.2%
Total assets€43,873below the sector's middle half-€52,792below the sector's middle half▲ 20.3%€75,247within the sector's middle half▲ 42.5%€118,366within the sector's middle half▲ 57.3%€114,139within the sector's middle half▼ 3.6%€113,646within the sector's middle half▼ 0.4%
Debt€25,030-€14,950▼ 40.3%€17,157▲ 14.8%€61,195▲ 257%€48,454▼ 20.8%€49,425▲ 2.0%
Working capital€13,304within the sector's middle half-€31,060within the sector's middle half▲ 133%€51,166within the sector's middle half▲ 64.7%€2,461below the sector's middle half▼ 95.2%€1,630below the sector's middle half▼ 33.8%-€11,888below the sector's middle half
Solvency42.9%within the sector's middle half-71.7%within the sector's middle half▲ 28.7pp77.2%within the sector's middle half▲ 5.5pp48.3%within the sector's middle half▼ 28.9pp57.5%within the sector's middle half▲ 9.2pp56.5%within the sector's middle half▼ 1.0pp
Current ratio1.79within the sector's middle half-3.87within the sector's middle half▲ 2.083.98within the sector's middle half▲ 0.121.06below the sector's middle half▼ 2.921.06below the sector's middle half=0.61below the sector's middle half▼ 0.45
Return on assets (ROA)30.7%above the sector's middle half-36.0%above the sector's middle half▲ 5.3pp28.0%within the sector's middle half▼ 8.0pp7.8%within the sector's middle half▼ 20.2pp14.5%within the sector's middle half▲ 6.7pp12.1%within the sector's middle half▼ 2.3pp
above within below the middle half of NACE 62, Computer programming, consultancy and related activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €113,646
Fixed assets €95,076 ▲ 11.3%
Current assets €18,570 ▼ 35.3%
Equity and liabilities €113,646
Equity €64,221 ▼ 2.2%
Debt €49,425 ▲ 2.0%
Debt's share of the balance-sheet total rises from 42.5% to 43.5%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
EBITDA
€30,992▼
2024 · €36,074
Cash flow
€21,978▼
2024 · €27,194
Debt to equity
0.77▲
2024 · 0.74
ROE
21.5%▼
2024 · 25.1%
Interest coverage
21.37▼
2024 · 22.98
Debt ≤ 1 year
€30,458▲
2024 · €27,062
Debt > 1 year
€18,579▼
2024 · €20,821
Income taxes
€7,564▲
2024 · €7,310
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 94.9% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
94.9% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.3% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,470 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 26,975 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 43 lines
Balance sheet Code20242025
Assets
Total assets20/58€114,139€113,646▼
Fixed assets21/28€85,448€95,076▲
Tangible fixed assets22/27€85,448€95,076▲
Land and buildings22€67,327€63,771▼
Furniture and vehicles24€18,121€31,305▲
Current assets29/58€28,692€18,570▼
Amounts receivable within one year40/41€23,929€11,598▼
Trade receivables40€21,141€11,598▼
Other amounts receivable41€2,788-
Cash at bank and in hand54/58€3,141€2,117▼
Deferred charges and accrued income490/1€1,622€4,855▲
Equity and liabilities
Total equity and liabilities10/49€114,139€113,646▼
Equity10/15€65,686€64,221▼
Contributions10/11€18,600€18,600=
Profit (loss) carried forward14€47,086€45,621▼
Amounts payable17/49€48,454€49,425▲
Amounts payable after more than one year17€20,821€18,579▼
Financial debts170/4€20,821€18,579▼
Amounts payable within one year42/48€27,062€30,458▲
Current portion of amounts payable after more than one year42€2,129€2,232▲
Trade debts44€2,999€2,238▼
Suppliers440/4€2,999€2,238▼
Taxes, remuneration and social security45€6,465€8,502▲
Taxes450/3€1,065€8,502▲
Remuneration and social security454/9€5,400-
Other amounts payable47/48€15,468€17,486▲
Accrued charges and deferred income492/3€571€388▼
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€10,679€8,172▼
Other operating charges640/8€283€1,302▲
Gross operating margin9900€36,356€32,295▼
Operating profit (loss)9901€25,395€22,820▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€1,570€1,450▼
Recurring financial charges65€1,570€1,450▼
Profit (loss) for the period before taxes9903€23,824€21,370▼
Income taxes67/77€7,310€7,564▲
Profit (loss) for the period9904€16,514€13,806▼
Profit (loss) for the period to be appropriated9905€16,514€13,806▼
Appropriation of the result
Profit (loss) to be appropriated9906€55,086€60,891▲
Profit (loss) brought forward from the previous period14P€38,571€47,086▲
Profit to be distributed694/7€8,000€15,271▲
Return on contributions (dividend)694€8,000€15,271▲

The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line202020212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4,162€4,031€3,966€4,313€10,679€8,172▼ 23.5%
Other operating charges640/8--€150€385€283€1,302▲ 361%
Gross operating margin9900€24,884€27,953€32,461€19,320€36,356€32,295▼ 11.2%
Operating profit (loss)9901€18,658€22,546€28,345€14,621€25,395€22,820▼ 10.1%
Financial income75/76B----€0--
Recurring financial income75----€0--
Financial charges65/66B--€255€354€1,570€1,450▼ 7.6%
Recurring financial charges65€290€300€255€354€1,570€1,450▼ 7.6%
Profit (loss) for the period before taxes9903€18,368€22,247€28,089€14,268€23,824€21,370▼ 10.3%
Income taxes67/77€4,913€3,248€7,042€5,086€7,310€7,564▲ 3.5%
Profit (loss) for the period9904€13,455€18,999€21,048€9,181€16,514€13,806▼ 16.4%
Profit (loss) for the period to be appropriated9905€13,455€18,999€21,048€9,181€16,514€13,806▼ 16.4%
Line202020212022202320242025Change
Assets
Total assets20/58€43,873€52,792€75,247€118,366€114,139€113,646▼ 0.4%
Fixed assets21/28€13,681€10,890€6,923€77,660€85,448€95,076▲ 11.3%
Intangible fixed assets21€317€0€0----
Tangible fixed assets22/27€13,365€10,890€6,923€77,660€85,448€95,076▲ 11.3%
Land and buildings22---€70,883€67,327€63,771▼ 5.3%
Furniture and vehicles24--€6,923€6,776€18,121€31,305▲ 72.8%
Current assets29/58€30,191€41,902€68,323€40,706€28,692€18,570▼ 35.3%
Amounts receivable within one year40/41€3,126€12,497€12,201€13,330€23,929€11,598▼ 51.5%
Trade receivables40--€12,201€13,330€21,141€11,598▼ 45.1%
Other amounts receivable41--€0-€2,788--
Cash at bank and in hand54/58€26,180€28,973€54,686€26,302€3,141€2,117▼ 32.6%
Deferred charges and accrued income490/1--€1,436€1,074€1,622€4,855▲ 199%
Equity and liabilities
Total equity and liabilities10/49€43,873€52,792€75,247€118,366€114,139€113,646▼ 0.4%
Equity10/15€18,843€37,842€58,090€57,171€65,686€64,221▼ 2.2%
Contributions10/11--€6,200€18,600€18,600€18,600=
Profit (loss) carried forward14€12,643€31,642€51,890€38,571€47,086€45,621▼ 3.1%
Amounts payable17/49€25,030€14,950€17,157€61,195€48,454€49,425▲ 2.0%
Amounts payable after more than one year17€8,142€4,108€0€22,950€20,821€18,579▼ 10.8%
Financial debts170/4--€0€22,950€20,821€18,579▼ 10.8%
Amounts payable within one year42/48€16,888€10,841€17,157€38,245€27,062€30,458▲ 12.6%
Current portion of amounts payable after more than one year42--€4,108€2,050€2,129€2,232▲ 4.8%
Trade debts44€5,874€2,410€4,736€1,480€2,999€2,238▼ 25.4%
Suppliers440/4--€4,736€1,480€2,999€2,238▼ 25.4%
Taxes, remuneration and social security45--€5,719€10,576€6,465€8,502▲ 31.5%
Taxes450/3--€5,719€7,428€1,065€8,502▲ 698%
Remuneration and social security454/9--€0€3,148€5,400--
Other amounts payable47/48--€2,593€24,139€15,468€17,486▲ 13.0%
Accrued charges and deferred income492/3----€571€388▼ 32.0%
Line202020212022202320242025Change
Profit (loss) for the period9904€13,455€18,999€21,048€9,181€16,514€13,806▼ 16.4%
+ Depreciation and write-downs630€4,162€4,031€3,966€4,313€10,679€8,172▼ 23.5%
Operating cash flow (approximation)€17,617€23,029€25,014€13,495€27,194€21,978▼ 19.2%
Investment in fixed assets (approximation)--€1,239€0-€75,050-€18,467-€17,800▲ 3.6%
Change in cash-€2,793€25,713-€28,383-€23,161-€1,024▲ 95.6%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

Download as CSV

Filings with the National Bank (6)
Financial year Type Filed Reference
31-03-2025 micro format 19-09-2025 2025-00496516
31-03-2024 micro format 18-10-2024 2024-00510109
31-03-2023 micro format 06-10-2023 2023-00474368
31-03-2022 micro format 28-10-2022 2022-20476032
31-03-2021 micro format 14-10-2021 2021-71800402
31-03-2020 micro format 22-09-2020 2020-54400184

Similar companies · same sector, comparable size

Of the 29,843 active companies whose main activity is computer consultancy and computer facilities management (NACE 62200), figures are known for 18,791. 15,830 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector

Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.