Active BE 0846.729.727Private limited company (pre-2019)Open bankruptcy

UB STYLE

Boulevard de la Technicité(H-G) 2 ·7110 La Louvière, Belgium· 14 yrs active

Sector: Overige niet-gespecialiseerde detailhandel (47120)

Conclusion Checked

A bankruptcy procedure is open for UB STYLE according to publications in the Belgian State Gazette. The 2020 annual accounts show equity of €53k and a net result of €34k.

Based on the State Gazette, CBE and 3 annual accounts.

Key figures

Equity	€53k
Net result	€34k
Staff (FTE)	1.1
Better than sector	60%

Snowflake analysis 5 of 5 axes measured · computed by Checked

55 / 100

Mixed profile: strong on profitability, weaker on stability.

All 5 axes are computed from data Checked has read.

Health 23

Profitability 100

Solvency 72

Growth 78

Stability 0

Bankruptcy probability (12 mo) Checked model v1 · free

Bankruptcy opened

A bankruptcy procedure is already open, a probability score is no longer meaningful. See the insolvency timeline for the state of the procedure.

Risk Assessment rule-based

50 / 100

High riskRegister: open bankruptcy

This score counts publications in the Belgian State Gazette only. The KBO register additionally records legal situation 050 for this company; it does not feed the figure above.

Components

· Open bankruptcy (+50)

Trust signals 2 signals

Register: open bankruptcy

The KBO register records legal situation 050 for this company. This is today's state according to the register itself; the register carries no start date.

Open bankruptcy

Active bankruptcy procedure in the Belgisch Staatsblad. Claims are handled by the appointed curator.

Administrative Flags 0 events

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Health barometer FY 2020 · computed

23 / 100 Critical

050100

Computed from 4 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.

Unlock the full score breakdown, per-year score history and the indicative credit limit from Kantoor S.

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Computed by Checked from the NBB filing for FY 2020 and an insolvency signal from the Belgian State Gazette. Indicative, not credit advice.

Financial overview8 NBB filings

Annual accounts filed on 29-10-2021 with the NBB · fiscal year 2020 · micro

Operating resultNet result

Sector comparison

Fiscal year 2020 · NACE 47, Retail trade · compared within the same schema type (micro schema)

Metric	This company	Sector median	Position in the sector
Solvency	36.4%	23.3%	better than 60% of 1365 sector peers
Net result	€7k	€3k	better than 58% of 1361 sector peers
Equity	€53k	€22k	better than 67% of 1367 sector peers
Gross operating margin	€52k	€24k	better than 69% of 1356 sector peers
Employees (FTE)	1.1	1.4	better than 43% of 439 sector peers

Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.

EBITDA

€20k

-72.6% 18-20

Net profit

€34k

+24.2% 18-20

Cash flow

€35k

+19.8% 18-20

Total assets

€145k

-1.3% 18-20

Equity

€53k

+14.4% 18-20

Working capital

€51k

+12.2% 18-20

Employees (FTE)

1

-8.3% 18-20

Income taxes

€11k

-74.3% 18-20

Dividends

€33k

- 18-20

Debt

€92k

-8.5% 18-20

Debt ≤ 1y

€92k

-8.5% 18-20

Current ratio

1.56

+7.1% 18-20

Quick ratio

1.56

+7.1% 18-20

Solvency

36.4%

+15.9% 18-20

ROE

64.8%

+8.5% 18-20

ROA

23.6%

+25.8% 18-20

Figures by fiscal year

Highlight YoY changes (±10%)

Fiscal year	2020
Deposit	micro
Revenue	-
EBITDA	€20k
Net profit	€34k
Cash flow	€35k
Staff costs	-
Income taxes	€11k
Dividends	-
Total assets	€145k
Equity	€53k
Debt	€92k
of which ≤ 1y	€92k
of which > 1y	-
Working capital	€51k
Employees (FTE)	1.1

Ratios (computed)

	2020
Current ratio	1.56
Quick ratio	1.56
Working capital ratio	35.4%
Solvency	36.4%
Debt / equity	-
Long-term debt ratio	-
Interest coverage	-
Gross margin	-
Net margin	-
ROA	23.6%
ROE	64.8%
EBITDA margin	-
Days sales outstanding	-
Days payable outstanding	-
Inventory turnover	-
Days inventory (DSI)	-

Balance-sheet composition 2020

Assets

Fixed assets €1k · 1.0% Current assets €144k · 99.0%

Equity & liabilities

Equity €53k · 36.4% Debt €92k · 63.6%

Full annual accounts

Filed balance sheet and income statement, exactly as deposited with the NBB.

Line item	Code	2020
Balance sheet, Assets
TOTAL ASSETS	20/58	€145k
Fixed assets	21/28	€1k
Tangible fixed assets	22/27	€1k
Current assets	29/58	€144k
Amounts receivable within one year	40/41	€107k
Cash & bank	54/58	€8k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES	10/49	€145k
Equity	10/15	€53k
Contributions / capital	10/11	€19k
Accumulated profits (losses)	14	€34k
Amounts payable	17/49	€92k
Amounts payable within one year	42/48	€92k
Trade debts payable within one year	44	€3k
Income statement
Gross operating margin	9900	€52k
Operating result	9901	€20k
Financial income	75	€6
Financial charges	65	€2k
Result before taxes	9903	€17k
Income taxes	67/77	€11k
Net result for the period	9904	€7k
Result to be appropriated	9905	€7k

You're seeing the latest fiscal year only. Unlock 2 prior years (figures + ratios) with a paid plan. See plans →

Ratios computed by Checked.

Directors & mandates1 person

Role	Name	Tenure	Source
Curator	MELANIE HARVENGT RUE DE ROBIANO 74, 7130 BINCHE- . Date provisoire de cessation de paiement : 27/06/2022	27-06-2022 → present	Belgian State Gazette

Legal Structure

NACE primary	Overige niet-gespecialiseerde detailhandel(47120)
Legal form	Private limited company (pre-2019)(015)
Incorporation	20-06-2012
Status	Active
Postal code	7110
First BS signal	04-07-2022
Latest BS signal	04-07-2022

Establishment units 1 location

UB STYLE

Boulevard de la Technicité(H-G) 2, 7110 La LouvièreKleinhandel in nieuwe en gebruikte auto's voor personenvervoer, inclusief die voor bijzondere doeleinden (b.v. ambulances)

since 20132.231.869.040

Physical sites registered in the Crossroads Bank for Enterprises (CBE).

Real-estate footprint Source: CBE × cadastre

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.

Wallonia 1 (100%)

Parcel (capakey)	Region	Area	Buildings	Height / fl.
55020B0417/00K006	Wallonia	9,737 m²	-	-

Methodology

via registered seat: 1

1 of 1 parcels with an exact address match; the rest are indicative.

Linked through address data, this is not proof of ownership.

Updates 9 events

A single timeline of everything that happened to this company, publications, insolvency and lifecycle events, administrative changes and filed annual accounts.

2022

04-07-2022

Bankruptcy Opening

Tribunal de l’entreprise du Hainaut, division Mons · UB STYLE SPRL BOULEVARD DE LA TECHNICITE 2, 7110 HOUDENG-GOEGNIES · event 27-06-2022

2021

29-10-2021