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UCEDIS

Active
Public limited companyfounded 2007active for 19 yearsRue Grinfaux 25, 7181 Seneffe, BelgiumKBO/BCE: BE 0891.664.085
Summary

UCEDIS has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €66,488 and a net result of -€637. Equity remains stable across the filed financial years (±1.5% per year). The computed 12-month bankruptcy probability is 0.5% (low).

Financials · financial year 2025, abbreviated format

Equity
€66,488▼ 0.9%
2024 · €67,125
Total assets
€931,478▲ 0.8%
2024 · €923,984
Net result
-€637▲ 70.3%
2024 · -€2,149
Working capital
-€424,873▲ 1.2%
2024 · -€430,184
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €2,082 in 2025 against €2,846 in 2024; the loss shrinks.

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

Operating result-€0.002m 2025 Net result-€0.001m 2025

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

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€0.2m--€0.002m-€0.001m▲ 37.8%-€0.001m▲ 2.7%-€0.002m▼ 108%-€0.004m▼ 94.3%-€0.003m▲ 28.5%-€0.002m▲ 26.8%
Net result€0.1m--€0.002m-€0.001m▲ 45.3%€478€0.001m▲ 24.1%-€0.003m-€0.002m▲ 33.2%-€0.001m▲ 70.3%
Equity€0.07m-€0.07m▼ 2.7%€0.07m▼ 1.5%€0.07m▲ 0.7%€0.07m▲ 0.8%€0.07m▼ 4.4%€0.07m▼ 3.1%€0.07m▼ 0.9%
Total assets€0.6m-€0.6m▼ 0.3%€0.6m▼ 0.1%€1.6m▲ 180%€1.2m▼ 23.3%€1.5m▲ 26.3%€0.9m▼ 38.9%€0.9m▲ 0.8%
Debt€0.5m-€0.5m=€0.5m▲ 0.1%€1.5m▲ 206%€1.1m▼ 24.5%€1.4m▲ 28.3%€0.9m▼ 40.6%€0.9m▲ 0.9%
Working capital-€0.5m--€0.5m▼ 0.4%-€0.5m▼ 0.2%-€0.5m▲ 0.4%-€0.5m▲ 7.0%-€0.4m▲ 2.4%-€0.4m▲ 2.3%-€0.4m▲ 1.2%
Turnover and EBIT margin not published: the abbreviated or micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €931,478
Fixed assets €557,934 =
Current assets €373,544 ▲ 2.0%
Equity and liabilities €931,478
Equity €66,488 ▼ 0.9%
Debt €864,990 ▲ 0.9%
Debt's share of the balance-sheet total rises from 92.7% to 92.9%. Equity is lower and debt is higher.
Key figures and ratios
2025 value · change against 2024
Current ratio
0.47▲
2024 · 0.46
Debt to equity
13.01▲
2024 · 12.77
ROE
-1.0%▲
2024 · -3.2%
ROA
-0.1%▲
2024 · -0.2%
Debt ≤ 1 year
€798,417▲
2024 · €796,233
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 912 companies that looked in July 2024 the way this one looks now, 2.4% went bankrupt within 24 months and 95% are still going.

  • Small
  • 10 to 20 years old
  • solvency under 10%
  • a small loss
2.4% went bankrupt
2.1% stopped otherwise
95% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.5% 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% 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 912 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 · 38 lines
Balance sheet Code20242025
Assets
Total assets20/58€923,984€931,478▲
Fixed assets21/28€557,934€557,934=
Tangible fixed assets22/27€557,934€557,934=
Land and buildings22€557,934€557,934=
Current assets29/58€366,050€373,544▲
Amounts receivable within one year40/41€300,000€300,000=
Other amounts receivable41€300,000€300,000=
Cash at bank and in hand54/58€46€41▼
Deferred charges and accrued income490/1€66,004€73,504▲
Equity and liabilities
Total equity and liabilities10/49€923,984€931,478▲
Equity10/15€67,125€66,488▼
Contributions10/11€61,500€61,500=
Capital10€61,500€61,500=
Issued capital100€61,500€61,500=
Reserves13€6,150€6,150=
Non-distributable reserves130/1€6,150€6,150=
Legal reserve130€6,150€6,150=
Profit (loss) carried forward14-€525-€1,162▼
Amounts payable17/49€856,859€864,990▲
Amounts payable within one year42/48€796,233€798,417▲
Financial debts43€300,000€300,000=
Other loans439€300,000€300,000=
Trade debts44-€341
Suppliers440/4-€341
Other amounts payable47/48€496,233€498,077▲
Accrued charges and deferred income492/3€60,625€66,573▲
Income statement Code20242025
Other operating charges640/8€2,286€1,339▼
Gross operating margin9900-€561-€743▼
Operating profit (loss)9901-€2,846-€2,082▲
Financial income75/76B€12,750€7,500▼
Recurring financial income75€12,750€7,500▼
Financial charges65/66B€12,053€6,055▼
Recurring financial charges65€12,053€6,055▼
Profit (loss) for the period before taxes9903-€2,149-€637▲
Profit (loss) for the period9904-€2,149-€637▲
Profit (loss) for the period to be appropriated9905-€2,149-€637▲
Appropriation of the result
Profit (loss) to be appropriated9906-€525-€1,162▼
Profit (loss) brought forward from the previous period14P€1,624-€525▼

The notes to these accounts (2 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Other operating charges640/8---€630€637€713€2,286€1,339▼ 41.4%
Gross operating margin9900€163,812-€487-€387-€357-€1,412-€3,268-€561-€743▼ 32.6%
Operating profit (loss)9901€163,193-€1,631-€1,015-€987-€2,049-€3,980-€2,846-€2,082▲ 26.8%
Financial income75/76B---€3,123€35,494€14,636€12,750€7,500▼ 41.2%
Recurring financial income75€59--€3,123€35,494€14,636€12,750€7,500▼ 41.2%
Financial charges65/66B---€1,658€32,851€13,871€12,053€6,055▼ 49.8%
Recurring financial charges65€10,407€407€100€1,658€32,851€13,871€12,053€6,055▼ 49.8%
Profit (loss) for the period before taxes9903€152,845-€2,038-€1,115€478€593-€3,215-€2,149-€637▲ 70.3%
Income taxes67/77€6,032--------
Profit (loss) for the period9904€146,812-€2,038-€1,115€478€593-€3,215-€2,149-€637▲ 70.3%
Profit (loss) for the period to be appropriated9905€146,812-€2,038-€1,115€478€593-€3,215-€2,149-€637▲ 70.3%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€0.6m€0.6m€0.6m€1.6m€1.2m€1.5m€0.9m€0.9m▲ 0.8%
Fixed assets21/28€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m=
Tangible fixed assets22/27€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m=
Land and buildings22---€0.6m€0.6m€0.6m€0.6m€0.6m=
Current assets29/58€0.003m€0.001m€128€1.0m€0.6m€1.0m€0.4m€0.4m▲ 2.0%
Amounts receivable within one year40/41€244€256€70€1.0m€0.6m€0.9m€0.3m€0.3m=
Trade receivables40----€57----
Other amounts receivable41---€1.0m€0.6m€0.9m€0.3m€0.3m=
Cash at bank and in hand54/58€0.002m€0.001m€57€44€44€110€46€41▼ 12.4%
Deferred charges and accrued income490/1---€0.003m€0.04m€0.05m€0.07m€0.07m▲ 11.4%
Equity and liabilities
Total equity and liabilities10/49€0.6m€0.6m€0.6m€1.6m€1.2m€1.5m€0.9m€0.9m▲ 0.8%
Equity10/15€0.07m€0.07m€0.07m€0.07m€0.07m€0.07m€0.07m€0.07m▼ 0.9%
Contributions10/11€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m€0.06m=
Capital10---€0.06m€0.06m€0.06m€0.06m€0.06m=
Issued capital100---€0.06m€0.06m€0.06m€0.06m€0.06m=
Reserves13€0.006m€0.006m€0.006m€0.006m€0.006m€0.006m€0.006m€0.006m=
Non-distributable reserves130/1---€0.006m€0.006m€0.006m€0.006m€0.006m=
Legal reserve130---€0.006m€0.006m€0.006m€0.006m€0.006m=
Profit (loss) carried forward14€0.007m€0.005m€0.004m€0.004m€0.005m€0.002m-€0.001m-€0.001m▼ 121%
Amounts payable17/49€0.5m€0.5m€0.5m€1.5m€1.1m€1.4m€0.9m€0.9m▲ 0.9%
Amounts payable within one year42/48€0.5m€0.5m€0.5m€1.5m€1.1m€1.4m€0.8m€0.8m▲ 0.3%
Financial debts43---€1.0m€0.6m€0.9m€0.3m€0.3m=
Other loans439---€1.0m€0.6m€0.9m€0.3m€0.3m=
Trade debts44€46€236-----€341-
Suppliers440/4-------€341-
Other amounts payable47/48---€0.5m€0.5m€0.5m€0.5m€0.5m▲ 0.4%
Accrued charges and deferred income492/3---€0.002m€0.03m€0.05m€0.06m€0.07m▲ 9.8%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€146,812-€2,038-€1,115€478€593-€3,215-€2,149-€637▲ 70.3%
Operating cash flow (approximation)€146,812-€2,038-€1,115€478€593-€3,215-€2,149-€637▲ 70.3%
Investment in fixed assets (approximation)-€0€0€0€0€0€0€0-
Change in cash--€1,861-€553-€13€0€66-€64-€6▲ 91.0%

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

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Public contracts: not fully processed yet. The notices from October 2021 to September 2026 are still being read.