UCAN DIRECT
ActiveSummary
UCAN DIRECT has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €46,762 and a net result of €2,965. Equity remains stable across the filed fiscal years (±2.2% per year). Its solvency ranks better than 82% of 8968 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability75▲+14
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €4,000 at 30 days acceptable
Liquidity ample (current ratio 6.02 against 4.85 in 2023; short-term debt: 15.9% of total assets), and 15.9% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
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
84.1%
Return on assets
5.3%
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 29-06-2025, 32 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
32 d early
2023
26 d late
2022
24 d late
2021
33 d early
2020
30 d late
2019
42 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 6 accounts on average 10 days after the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check How does this company compare with its sector?Sector benchmark What changed in the latest annual accounts?What changed
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2024, micro schema
Equity
€46,762▲ 6.8%
2023 · €43,797
Total assets
€55,590▲ 2.5%
2023 · €54,228
Net result
€2,965
2023 · -€3,424
Working capital
€44,307▲ 10.4%
2023 · €40,122
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€8,362▲ 71.8%-€16,231€16,473-€1,090€5,508
Net result€4,144within the sector's middle half▼ 7.4%-€13,029below the sector's middle half€12,280within the sector's middle half-€3,424below the sector's middle half€2,965within the sector's middle half
Equity€47,970within the sector's middle half▲ 9.5%€34,941within the sector's middle half▼ 27.2%€47,221within the sector's middle half▲ 35.1%€43,797within the sector's middle half▼ 7.3%€46,762within the sector's middle half▲ 6.8%
Total assets€61,749within the sector's middle half▲ 8.6%€46,938below the sector's middle half▼ 24.0%€59,670below the sector's middle half▲ 27.1%€54,228below the sector's middle half▼ 9.1%€55,590below the sector's middle half▲ 2.5%
Debt€13,780▲ 5.9%€11,997▼ 12.9%€12,450▲ 3.8%€10,431▼ 16.2%€8,828▼ 15.4%
Working capital€47,261within the sector's middle half▲ 10.5%€25,613within the sector's middle half▼ 45.8%€41,421within the sector's middle half▲ 61.7%€40,122within the sector's middle half▼ 3.1%€44,307within the sector's middle half▲ 10.4%
Solvency77.7%above the sector's middle half▲ 0.6pp74.4%within the sector's middle half▼ 3.2pp79.1%above the sector's middle half▲ 4.7pp80.8%above the sector's middle half▲ 1.6pp84.1%above the sector's middle half▲ 3.4pp
Current ratio4.43above the sector's middle half▲ 0.143.13within the sector's middle half▼ 1.294.33above the sector's middle half▲ 1.194.85above the sector's middle half▲ 0.526.02above the sector's middle half▲ 1.17
Return on assets (ROA)6.7%within the sector's middle half▼ 1.2pp-27.8%below the sector's middle half▼ 34.5pp20.6%within the sector's middle half▲ 48.3pp-6.3%below the sector's middle half▼ 26.9pp5.3%within the sector's middle half▲ 11.6pp
above
within
below
the middle half (P25 to P75) of NACE 73, Advertising, market research and public relations activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2024: €5,508 after a loss of €1,090 in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €55,590
Fixed assets
€2,455 ▼ 33.2%
Current assets
€53,135 ▲ 5.1%
Equity and liabilities €55,590
Equity
€46,762 ▲ 6.8%
Debt
€8,828 ▼ 15.4%
Debt's share of the balance-sheet total falls from 19.2% to 15.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€8,780▲
2023 · €2,257
Cash flow
€6,237▲
2023 · -€76
Debt to equity
0.19▼
2023 · 0.24
ROE
6.3%▲
2023 · -7.8%
Interest coverage
12.17▲
2023 · 6.51
Debt ≤ 1 year
€8,828▼
2023 · €10,431
Income taxes
€1,823▼
2023 · €1,989
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 31,370 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 93% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.5%
went bankrupt
5.9%
stopped otherwise
93%
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 0.4% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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% 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 31,370 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
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €334 | €6,080 | €3,528 | €3,347 | €3,272 | ▼ 2.2% |
| Other operating charges640/8 | - | €1,185 | €679 | €4,815 | €1,050 | ▼ 78.2% |
| Gross operating margin9900 | €9,000 | -€8,966 | €20,680 | €7,072 | €9,831 | ▲ 39.0% |
| Operating profit (loss)9901 | €8,362 | -€16,231 | €16,473 | -€1,090 | €5,508 | ▲ 605% |
| Financial income75/76B | - | €5,179 | - | €3 | €1 | ▼ 63.7% |
| Recurring financial income75 | - | €5,179 | - | €3 | €1 | ▼ 63.7% |
| Financial charges65/66B | - | €519 | €574 | €347 | €721 | ▲ 108% |
| Recurring financial charges65 | €500 | €519 | €574 | €347 | €721 | ▲ 108% |
| Profit (loss) for the period before taxes9903 | €7,862 | -€11,571 | €15,899 | -€1,434 | €4,787 | ▲ 434% |
| Income taxes67/77 | €3,718 | €1,458 | €3,620 | €1,989 | €1,823 | ▼ 8.4% |
| Profit (loss) for the period9904 | €4,144 | -€13,029 | €12,280 | -€3,424 | €2,965 | ▲ 187% |
| Profit (loss) for the period to be appropriated9905 | €4,144 | -€13,029 | €12,280 | -€3,424 | €2,965 | ▲ 187% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €61,749 | €46,938 | €59,670 | €54,228 | €55,590 | ▲ 2.5% |
| Fixed assets21/28 | €708 | €9,328 | €5,800 | €3,675 | €2,455 | ▼ 33.2% |
| Tangible fixed assets22/27 | €200 | €8,820 | €5,292 | €3,167 | €1,946 | ▼ 38.5% |
| Plant, machinery and equipment23 | - | - | - | €815 | €1,946 | ▲ 139% |
| Furniture and vehicles24 | - | €8,820 | €5,292 | €2,352 | - | - |
| Financial fixed assets28 | €508 | €508 | €508 | €508 | €508 | = |
| Current assets29/58 | €61,041 | €37,610 | €53,870 | €50,552 | €53,135 | ▲ 5.1% |
| Amounts receivable within one year40/41 | €60,486 | €37,610 | €53,870 | €50,552 | €53,135 | ▲ 5.1% |
| Trade receivables40 | - | €1,059 | €13,159 | - | €242 | - |
| Other amounts receivable41 | - | €36,551 | €40,711 | €50,552 | €52,893 | ▲ 4.6% |
| Cash at bank and in hand54/58 | €5 | - | - | - | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €61,749 | €46,938 | €59,670 | €54,228 | €55,590 | ▲ 2.5% |
| Equity10/15 | €47,970 | €34,941 | €47,221 | €43,797 | €46,762 | ▲ 6.8% |
| Contributions10/11 | - | €7,189 | €7,189 | €7,189 | €7,189 | = |
| Reserves13 | €20,846 | €20,846 | €33,126 | €36,608 | €39,573 | ▲ 8.1% |
| Non-distributable reserves130/1 | - | €2,157 | €2,157 | €2,157 | €2,157 | = |
| Reserves not available under the articles1311 | - | €2,157 | €2,157 | €2,157 | €2,157 | = |
| Tax-exempt reserves132 | - | €14,545 | €14,545 | €14,545 | €14,545 | = |
| Distributable reserves133 | - | €4,144 | €16,424 | €19,907 | €22,871 | ▲ 14.9% |
| Profit (loss) carried forward14 | €19,935 | €6,906 | €6,906 | - | - | - |
| Amounts payable17/49 | €13,780 | €11,997 | €12,450 | €10,431 | €8,828 | ▼ 15.4% |
| Amounts payable within one year42/48 | €13,780 | €11,997 | €12,450 | €10,431 | €8,828 | ▼ 15.4% |
| Trade debts44 | €1,731 | €5,539 | €2,143 | €7,743 | €4,336 | ▼ 44.0% |
| Suppliers440/4 | - | €5,539 | €2,143 | €7,743 | €4,336 | ▼ 44.0% |
| Taxes, remuneration and social security45 | - | €3,608 | €4,503 | €470 | €1,780 | ▲ 279% |
| Taxes450/3 | - | €3,608 | €3,153 | €470 | €1,780 | ▲ 279% |
| Remuneration and social security454/9 | - | - | €1,350 | - | - | - |
| Other amounts payable47/48 | - | €2,849 | €5,804 | €2,218 | €2,712 | ▲ 22.3% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €4,144 | -€13,029 | €12,280 | -€3,424 | €2,965 | ▲ 187% |
| + Depreciation and write-downs630 | €334 | €6,080 | €3,528 | €3,347 | €3,272 | ▼ 2.2% |
| Operating cash flow (approximation) | €4,478 | -€6,949 | €15,808 | -€76 | €6,237 | ▲ 8,266% |
| Investment in fixed assets (approximation) | - | -€14,700 | €0 | -€1,222 | -€2,052 | ▼ 67.9% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
29-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €2,965
Net result €2,965 after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 26 days late
2023
24-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 24 days late
2022
31-12
Financial
Back to profitnet €12,280
Net result €12,280 after one loss-making year.
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€13,029
Net result drops to -€13,029, the lowest in the series; recovery starts the following year.
30-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 30 days late
2020
11-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 42 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 29 days late
2018
27-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 27 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 29 days late
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
2 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, Antwerpen · 1 establishment unit since 1989
Ground area
184 m²
Building footprint
96 m²
Volume, LiDAR
552 m³
Parcel 11051C0214/00B006, Flanders · tallest building 8.2 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
UCAN DIRECT
since 19892.043.815.338
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11051C0214/00B006 | Flanders | 184 m² | 1 · 96 m² | 8.2 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel 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
NSD
BE 0475.572.192
Tessenderlo-Ham · Eq €46,851
NOUAISON
BE 0726.426.664
Pont-à-Celles · Eq €46,664
PHOSPHORE
BE 0442.701.268
Chaumont-Gistoux · Eq €46,864
MEDIA STRATEGY
BE 0880.922.920
Brussel · Eq €46,649
BVX
BE 0691.640.187
Boutersem · Eq €46,633
Of 9,863 companies in sector 73110 we hold annual accounts for 3,758. 2,994 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded13-02-1989
Fiscal year end31-12
Activities, NACEBEL 2025
73110Advertising agencies
Contact
E-mail
cu@ucandirect.be
E-invoicing
Reachable via Peppol
Peppol ID
0208:0437633019
Also
9925:BE0437633019
Registered
12-05-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.