U-rent
ActiveSummary
The computed 12-month bankruptcy probability of U-rent is 2.7% (moderate). The 2024 annual accounts show equity of €880k and a net result of €-57k. Equity is growing by ~27.4% per year across the filed fiscal years. Its solvency ranks better than 31% of 991 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
52
/ 100
Fair
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability67▼-9
Solvency46=
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €45k at 30 days acceptable
Liquidity tight (current ratio 1.45 against 1.52 in 2023; short-term debt: 25.3% and cash: 9.3% of total assets), and 79.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 77
Relative position
BE, all sectors
reference
Sector 77
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
20.7%
Return on assets
-1.3%
Age of the figures
21 mo
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 24-06-2025, 37 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
not confirmed
2024
37 d early
2023
15 d early
2022
38 d early
2021
39 d early
2020
34 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€880k▼ 6.1%
2023 · €937k
2021: €380k
2022: €677k
2023: €937k
2021 → 2024
Total assets
€4.24M▼ 5.7%
2023 · €4.50M
2021: €1.87M
2022: €2.90M
2023: €4.50M
2021 → 2024
Net result
€-57k
2023 · €260k
2021: €236k
2022: €296k
2023: €260k
2021 → 2024
Working capital
€482k▼ 15.5%
2023 · €571k
2021: €422k
2022: €461k
2023: €571k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€380k-€677k▲ 78.0%€937k▲ 38.4%€880k▼ 6.1%
Operating result€333k-€434k▲ 30.3%€449k▲ 3.5%€60k▼ 86.7%
Net result€236k-€296k▲ 25.9%€260k▼ 12.3%€-57k
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 87% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.24M
Fixed assets
€2.69M ▼ 4.9%
Current assets
€1.55M ▼ 7.1%
Equity and liabilities €4.24M
Equity
€880k ▼ 6.1%
Debt
€3.36M ▼ 5.6%
Debt's share of the balance-sheet total rises from 79.2% to 79.3%. Equity and debt are lower.
Key figures and ratios
EBITDA
€1.01M▼
2023 · €1.17M
Cash flow
€895k▼
2023 · €977k
Current ratio
1.45▼
2023 · 1.52
Quick ratio
1.39▼
2023 · 1.47
Debt to equity
3.82▲
2023 · 3.80
ROE
-6.5%▼
2023 · 27.8%
ROA
-1.3%▼
2023 · 5.8%
Interest coverage
8.57▼
2023 · 10.56
Debt ≤ 1 year
€1.07M▼
2023 · €1.10M
Debt > 1 year
€2.29M▼
2023 · €2.46M
Staff costs
€18k▼
2023 · €25k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 53 lines
Balance sheet
Code20232024
Assets
Total assets20/58€4.50M€4.24M▼
Fixed assets21/28€2.83M€2.69M▼
Tangible fixed assets22/27€2.82M€2.68M▼
Plant, machinery and equipment23€16k€9k▼
Furniture and vehicles24€336k€510k▲
Leasing and similar rights25€2.47M€2.16M▼
Financial fixed assets28€6k€6k▲
Current assets29/58€1.67M€1.55M▼
Stocks and contracts in progress3€53k€60k▲
Stocks30/36€53k€60k▲
Amounts receivable within one year40/41€829k€1.04M▲
Trade receivables40€813k€960k▲
Other amounts receivable41€16k€82k▲
Cash at bank and in hand54/58€789k€393k▼
Deferred charges and accrued income490/1€2k€60k▲
Equity and liabilities
Total equity and liabilities10/49€4.50M€4.24M▼
Equity10/15€937k€880k▼
Contributions10/11€13k€13k=
Reserves13€117k€117k=
Non-distributable reserves130/1€1k€1k=
Reserves not available under the articles1311€1k€1k=
Distributable reserves133€116k€116k=
Profit (loss) carried forward14€806k€749k▼
Amounts payable17/49€3.56M€3.36M▼
Amounts payable after more than one year17€2.46M€2.29M▼
Financial debts170/4€2.46M€2.29M▼
Amounts payable within one year42/48€1.10M€1.07M▼
Current portion of amounts payable after more than one year42€641k€536k▼
Trade debts44€402k€474k▲
Suppliers440/4€402k€474k▲
Advances received on contracts in progress46€24k€62k▲
Taxes, remuneration and social security45€35k-
Taxes450/3€34k-
Remuneration and social security454/9€965-
Income statement
Code20232024
Non-recurring operating income76A€23k€18k▼
Remuneration, social security and pensions62€25k€18k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€717k€952k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€110k
Other operating charges640/8€14k€15k▲
Operating charges capitalised as restructuring costs649-€0
Non-recurring operating charges66A€49k€23k▼
Gross operating margin9900€1.25M€1.18M▼
Operating profit (loss)9901€449k€60k▼
Financial income75/76B€2k€1k▼
Recurring financial income75€2k€1k▼
Financial charges65/66B€110k€118k▲
Recurring financial charges65€110k€118k▲
Profit (loss) for the period before taxes9903€341k€-57k▼
Income taxes67/77€81k-
Profit (loss) for the period9904€260k€-57k▼
Profit (loss) for the period to be appropriated9905€260k€-57k▼
Appropriation of the result
Profit (loss) to be appropriated9906€806k€749k▼
Profit (loss) brought forward from the previous period14P€546k€806k▲
The notes to these accounts (17 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
24-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial
Weakest financial yearnet €-57k ▼122%
Net result drops to €-57k, the lowest in the series.
16-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2021net €296k ▲25.9%
Net result €296k, the highest in the series.
31-12
Financial
Equity above €500kEq €677k ▲78%
2 profitable years in a row build equity to €677k.
22-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
27-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Niklaas · 2 establishment units since 2020
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.
Eduard Prissestraat 39100 Sint-NiklaasGround area
2.6 ha
Building footprint
2,523 m²
Volume, LiDAR
18,076 m³
2 parcels, Flanders · tallest building 45.4 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
U-rent
since 20202.299.319.177
Schouwkensstraat 10, 2030 Antwerpen
since 20262.387.371.027
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11815A0427/00F000 | Flanders | 2.5 ha | 1 · 2,340 m² | 45.4 m · 2 fl. |
| 46447B0715/00F003 | Flanders | 1,125 m² | 1 · 183 m² | 10.2 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
TO-RENT
BE 0876.808.833
Brugge · Eq €904,345
TORFS RENTING
BE 0444.645.624
Ranst · Eq €852,576
BSR OG
BE 0674.520.380
Zutendaal · Eq €919,683
Truck & Bus Location
BE 0445.195.950
Malmedy · Eq €920,253
PETIT FORESTIER BELGIQUE
BE 0459.674.684
Herstal · Eq €939,211
Of 361 companies in sector 77120 we hold annual accounts for 233. 151 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-01-2020
Fiscal year end31-12
Activities, NACEBEL 2025
77120Rental and leasing activities
46711Wholesale of cars and light vans (up to 3.5 tonnes)
47811Retail sale of cars and light vans (up to 3.5 tonnes)
46712Wholesale trade
47812Retail trade
95319Other maintenance and repair of motor vehicles
46713Wholesale trade
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.