Summary
UDILA is a financial institution. The bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €372,303 and a net result of €14,947. Equity has been growing by about 14% per year since 2018. Its solvency ranks better than 61% of 9,754 sector peers (NACE 64, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 22-07-2015 Normal situation
- Activity
- Activities of holding companies NACE 64210and 1 other
- Establishment unit
- 2.246.926.608 8210 Zedelgem, since 22-07-2015
- Financial year end
- 30 September
- Peppol
- Reachable since 03-04-2026
Board and ownership
Last known board
- Cornillie PascalDirector · until 2023
- Holdings
- Shares in 1 company Brugge Scheepsdale
Financial position
Financial institution: outside the modelBankruptcy probability: sector outside the model
Annual accounts to 30-09-2025
- Profit
- €14,947
- ▼ 89.8%
- Equity
- €372,303
- ▲ 4.2%
- Total assets
- €581,955
- ▼ 7.2%
Net result -90%: 12-month year
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score measures liquidity, leverage and margins against the norms for trading and manufacturing companies. A bank, insurer or financial holding has a very different balance sheet. Those ratios and the score mean nothing here. So there is no financial strength either.
Bankruptcy probability within 12 months
The company is a financial institution: a bank, insurer or financial holding. Its balance sheet works differently from that of a trading or manufacturing company. A bankruptcy probability from the general model would mislead here.
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 16-04-2026, 14 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
14 days early
2024
23 days early
2022
17 days early
2021
2 days early
2020
2 days early
2019
23 days early
2018
32 days early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 16 days before the deadline. In the sector (NACE 64), the median for financial year 2024 was 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-09-2026 is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsWhere today falls in the filing period
30-09-2026 year end03-11-2026 today30-04-2027 deadline
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 16-04-2026 PDF all 10 filings
Equity
€372,303▲ 4.2%
2024 · €357,357
Net result
€14,947▼ 89.8%
2024 · €146,614
Total assets
€581,955▼ 7.2%
2024 · €627,287
Solvency
64.0%▲ 7.0pp
2024 · 57.0%
Multi-year overview
2018 to 2025, 7 financial yearsOperating result
€27,061
▼ 87.5%
2025
20182025
Net result
€14,947
▼ 89.8%
2025
middle half of the sector
20182025
Equity
€372,303
▲ 4.2%
2025
highest quarter of the sector
20182025
Total assets
€581,955
▼ 7.2%
2025
middle half of the sector
20182025
Debt
€209,652
▼ 22.3%
2025
20182025
Working capital
€52,724
▼ 48.8%
2025
middle half of the sector
20182025
Solvency
64.0%
▲ 7.0pp
2025
middle half of the sector
20182025
Current ratio
2.46
▲ 0.17
2025
middle half of the sector
20182025
Return on assets (ROA)
2.6%
▼ 20.8pp
2025
middle half of the sector
20182025
Staff (FTE)
no figure
2025
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220242025
Operating result€120,993-€33,211▼ 72.6%€58,854▲ 77.2%€72,922▲ 23.9%€68,688▼ 5.8%€215,885-€27,061▼ 87.5%
Net result€83,929-€21,018▼ 75.0%€38,392within the sector's middle half▲ 82.7%€48,606within the sector's middle half▲ 26.6%€46,623within the sector's middle half▼ 4.1%€146,614above the sector's middle half-€14,947within the sector's middle half▼ 89.8%
Equity€146,703-€167,722▲ 14.3%€206,113within the sector's middle half▲ 22.9%€254,719within the sector's middle half▲ 23.6%€287,843within the sector's middle half▲ 13.0%€357,357within the sector's middle half-€372,303above the sector's middle half▲ 4.2%
Total assets€232,381-€529,603▲ 128%€558,372within the sector's middle half▲ 5.4%€555,469below the sector's middle half▼ 0.5%€567,568below the sector's middle half▲ 2.2%€627,287within the sector's middle half-€581,955within the sector's middle half▼ 7.2%
Debt€85,678-€361,882▲ 322%€352,259▼ 2.7%€300,749▼ 14.6%€279,725▼ 7.0%€269,930-€209,652▼ 22.3%
Working capital€131,509-€37,569▼ 71.4%€69,683within the sector's middle half▲ 85.5%€119,636within the sector's middle half▲ 71.7%€138,166within the sector's middle half▲ 15.5%€102,967within the sector's middle half-€52,724within the sector's middle half▼ 48.8%
Solvency63.1%-31.7%▼ 31.5pp36.9%within the sector's middle half▲ 5.2pp45.9%within the sector's middle half▲ 8.9pp50.7%within the sector's middle half▲ 4.9pp57.0%within the sector's middle half-64.0%within the sector's middle half▲ 7.0pp
Current ratio2.73-1.60▼ 1.131.84within the sector's middle half▲ 0.243.17above the sector's middle half▲ 1.323.55above the sector's middle half▲ 0.382.29within the sector's middle half-2.46within the sector's middle half▲ 0.17
Return on assets (ROA)36.1%-4.0%▼ 32.1pp6.9%within the sector's middle half▲ 2.9pp8.8%within the sector's middle half▲ 1.9pp8.2%within the sector's middle half▼ 0.5pp23.4%within the sector's middle half-2.6%within the sector's middle half▼ 20.8pp
Staff (FTE)0below the sector's middle half
above
within
below
The sector band is the middle half of the companies in Financial service activities, except insurance and pension funding (NACE 64). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
The operating result for 2025 is 87% lower than in 2024 and the lowest since 2020.
Large changes and their cause
- 2025 Net result -90% on 2024. The previous financial year ran 21 months, this one 12.
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €581,955
Fixed assets
€493,090 ▲ 11.0%
Current assets
€88,865 ▼ 51.4%
Equity and liabilities €581,955
Equity
€372,303 ▲ 4.2%
Debt
€209,652 ▼ 22.3%
Debt's share of the balance-sheet total falls from 43.0% to 36.0%. Equity is higher and debt is lower.
Key figures and ratios
ROE
4.0%▼
2024 · 41.0%
Debt ≤ 1 year
€36,141▼
2024 · €79,953
Debt > 1 year
€173,279▼
2024 · €189,977
Income taxes
€6,710▼
2024 · €63,281
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Securities and guarantees
| Item | 2021 | 2022 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|
| Debts secured on the company's own assets | €265,372 | €245,518 | - | - |
| Mortgages, amount registered | €25,000 | €25,000 | €25,000 | €25,000 |
| Mortgage mandates | €286,000 | €286,000 | €286,000 | €286,000 |
| Carrying value of the mortgaged assets | €357,173 | €346,564 | €328,020 | €317,410 |
Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
| Item | 2021 | 2022 | 30-09-2024 | 30-09-2025 |
|---|---|---|---|---|
| Tangible fixed assets | - | €13,217 | €74,794 | - |
| Financial fixed assets | - | - | €27,000 | €71,125 |
| Depreciation and write-downs of the year | €25,330 | €13,408 | €29,487 | €22,402 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | - | €7,750 | €0 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €7,578 | €64,145 | €25,247 | €25,330 | €13,408 | €29,487 | €22,402 | ▼ 24.0% |
| Other operating charges640/8 | - | - | - | €2,127 | €2,718 | €4,758 | €2,488 | ▼ 47.7% |
| Gross operating margin9900 | €135,127 | €101,301 | €86,974 | €100,380 | €84,814 | €250,129 | €51,951 | ▼ 79.2% |
| Operating profit (loss)9901 | €120,993 | €33,211 | €58,854 | €72,922 | €68,688 | €215,885 | €27,061 | ▼ 87.5% |
| Financial income75/76B | - | - | - | €75 | €0 | €272 | €2,175 | ▲ 699% |
| Recurring financial income75 | - | €1 | - | €75 | €0 | €272 | €2,175 | ▲ 699% |
| Financial charges65/66B | - | - | - | €2,932 | €2,626 | €6,263 | €7,580 | ▲ 21.0% |
| Recurring financial charges65 | €493 | €1,836 | €3,192 | €2,932 | €2,626 | €6,263 | €7,580 | ▲ 21.0% |
| Profit (loss) for the period before taxes9903 | €120,500 | €31,376 | €55,662 | €70,065 | €66,062 | €209,895 | €21,656 | ▼ 89.7% |
| Income taxes67/77 | €36,571 | €10,358 | €17,270 | €21,459 | €19,438 | €63,281 | €6,710 | ▼ 89.4% |
| Profit (loss) for the period9904 | €83,929 | €21,018 | €38,392 | €48,606 | €46,623 | €146,614 | €14,947 | ▼ 89.8% |
| Profit (loss) for the period to be appropriated9905 | €83,929 | €21,018 | €38,392 | €48,606 | €46,623 | €146,614 | €14,947 | ▼ 89.8% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €232,381 | €529,603 | €558,372 | €555,469 | €567,568 | €627,287 | €581,955 | ▼ 7.2% |
| Fixed assets21/28 | €24,706 | €429,544 | €405,931 | €380,601 | €375,160 | €444,367 | €493,090 | ▲ 11.0% |
| Tangible fixed assets22/27 | €21,606 | €426,444 | €402,831 | €377,501 | €372,060 | €417,367 | €394,965 | ▼ 5.4% |
| Land and buildings22 | - | - | - | €357,173 | €346,564 | €328,020 | €317,410 | ▼ 3.2% |
| Plant, machinery and equipment23 | - | - | - | €270 | €13,046 | €80,728 | €70,905 | ▼ 12.2% |
| Furniture and vehicles24 | - | - | - | €20,059 | €12,450 | €8,619 | €6,650 | ▼ 22.8% |
| Financial fixed assets28 | €3,100 | €3,100 | €3,100 | €3,100 | €3,100 | €27,000 | €98,125 | ▲ 263% |
| Current assets29/58 | €207,675 | €100,060 | €152,441 | €174,867 | €192,408 | €182,920 | €88,865 | ▼ 51.4% |
| Amounts receivable within one year40/41 | €3,931 | - | - | - | - | €9,000 | €8,943 | ▼ 0.6% |
| Trade receivables40 | - | - | - | - | - | €9,000 | €0 | ▼ 100% |
| Other amounts receivable41 | - | - | - | - | - | - | €8,943 | - |
| Current investments50/53 | - | - | - | - | - | €48,780 | €48,780 | = |
| Cash at bank and in hand54/58 | €203,652 | €98,982 | €151,625 | €174,046 | €192,311 | €122,881 | €28,889 | ▼ 76.5% |
| Deferred charges and accrued income490/1 | - | - | - | €821 | €97 | €2,258 | €2,252 | ▼ 0.3% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €232,381 | €529,603 | €558,372 | €555,469 | €567,568 | €627,287 | €581,955 | ▼ 7.2% |
| Equity10/15 | €146,703 | €167,722 | €206,113 | €254,719 | €287,843 | €357,357 | €372,303 | ▲ 4.2% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €140,460 | €161,460 | €199,760 | €248,360 | €281,480 | €350,990 | €365,937 | ▲ 4.3% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | - | - | - | €246,500 | €279,620 | €350,990 | €365,937 | ▲ 4.3% |
| Profit (loss) carried forward14 | €43 | €62 | €153 | €159 | €163 | €167 | €167 | = |
| Amounts payable17/49 | €85,678 | €361,882 | €352,259 | €300,749 | €279,725 | €269,930 | €209,652 | ▼ 22.3% |
| Amounts payable after more than one year17 | €9,512 | €299,392 | €269,501 | €245,518 | €225,483 | €189,977 | €173,279 | ▼ 8.8% |
| Financial debts170/4 | - | - | - | €245,518 | €225,483 | €189,977 | €173,279 | ▼ 8.8% |
| Amounts payable within one year42/48 | €76,166 | €62,490 | €82,758 | €55,231 | €54,242 | €79,953 | €36,141 | ▼ 54.8% |
| Current portion of amounts payable after more than one year42 | - | - | - | €23,982 | €20,036 | €20,358 | €18,872 | ▼ 7.3% |
| Financial debts43 | - | - | - | - | - | €3,822 | €0 | ▼ 100% |
| Credit institutions430/8 | - | - | - | - | - | €3,822 | €0 | ▼ 100% |
| Trade debts44 | €5,394 | €3,317 | €40,769 | €4,356 | €1,178 | €9 | €734 | ▲ 83× |
| Suppliers440/4 | - | - | - | €4,356 | €1,178 | €9 | €734 | ▲ 83× |
| Taxes, remuneration and social security45 | - | - | - | €23,539 | €28,598 | €21,610 | €7,799 | ▼ 63.9% |
| Taxes450/3 | - | - | - | €23,539 | €25,698 | €18,710 | €4,899 | ▼ 73.8% |
| Remuneration and social security454/9 | - | - | - | - | €2,900 | €2,900 | €2,900 | = |
| Other amounts payable47/48 | - | - | - | €3,354 | €4,430 | €34,153 | €8,736 | ▼ 74.4% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | €232 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €83,929 | €21,018 | €38,392 | €48,606 | €46,623 | €146,614 | €14,947 | ▼ 89.8% |
| + Depreciation and write-downs630 | €7,578 | €64,145 | €25,247 | €25,330 | €13,408 | €29,487 | €22,402 | ▼ 24.0% |
| Operating cash flow (approximation) | €91,507 | €85,163 | €63,638 | €73,936 | €60,032 | €176,101 | €37,348 | ▼ 78.8% |
| Investment in fixed assets (approximation) | - | -€468,982 | -€1,634 | €0 | -€7,967 | - | -€71,125 | - |
| Change in cash | - | -€104,670 | €52,643 | €22,421 | €18,265 | - | -€93,992 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Filings with the National Bank (10)
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-09-2025 | micro format | 16-04-2026 | 2026-00081323 | |
| 30-09-2024 | micro format | 07-04-2025 | 2025-00064478 | |
| 31-12-2022 | abbreviated format | 14-07-2023 | 2023-00236293 | |
| 31-12-2021 | abbreviated format | 29-07-2022 | 2022-20243794 | |
| 31-12-2020 | abbreviated format | 29-07-2021 | 2021-43200285 | |
| 31-12-2019 | abbreviated format | 08-07-2020 | 2020-27900336 | |
| 31-12-2018 | abbreviated format | 29-06-2019 | 2019-27700228 | |
| 31-12-2017 | abbreviated format | 30-07-2018 | 2018-40900141 | |
| 31-12-2016 | micro format | 26-07-2017 | 2017-37000583 | |
| 31-12-2015 | abbreviated format | 06-07-2016 | 2016-28900363 |
Board & ownership
Directors
Directors
Last change in 2023
Owners and capital
Capital transactions
Capital over time
- 21-12-2023 Converted to unavailable equity
Mandate history
1 person, 0 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Cornillie Pascal |
|
Articles of association
- Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.
- “Één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen, bestuurder(s) in functie krachtens statuten indien geen…”
Articles of association, deed of 21-12-2023 (in Dutch)
Network & group
Holdings and subsidiaries
1 holdingHoldings 1
- Sourceown accounts 30-09-2025Equity €353,643 Profit of €142,142 in 2025 (profit of €93,778 in 2024)25%
Board mandates elsewhere
1 board mandateBoard mandates of UDILAUDILA sits on their board1
1 location
Connections & network
The board mandates are listed under Board mandates elsewhere. The network lets you explore the same ties.
This company
Company
Director
Shareholding
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Timeline
Acts, filings and financial milestones
Deadline for the 2026 accounts:
2026
16-04
micro format · 14 days before the deadline
2025
30-09
Financial
Weakest financial yearnet €14,947 ▼89.8%
The net result drops to €14,947, the lowest from 2018 to 2025.
07-04
micro format · 23 days before the deadline
2024
28-10
Gazette deed
Purpose · Amendment of the articlesApproval · Purpose change · Power of attorney5 points ▸
Gazette deed
Purpose · Amendment of the articles
Approval · Purpose change · Power of attorney5 points ▸
- General meeting, 23-10-2024
- Approval, “kennisname en goedkeuring verslag bestuurder houdende omstandige verantwoording voorgestelde wijziging voorwerp, kennisgenomen,zonder opmerkingen nagezien en go…” (deed in Dutch)
- Purpose change
- Power of attorney
- Power of attorney, Elien Dewitte
30-09
Financial
Highest result from 2018 to 2025net €146,614 ▲214%
The operating result of €215,885 and the net result of €146,614 are both a record.
2023
21-12
Gazette deed
Resignation: Cornillie Pascal (manager and director)Reappointment: Cornillie Pascal (director) · Purpose change · Amendment of the articles12 points ▸
Gazette deed
Resignation: Cornillie Pascal (manager and director)
Reappointment: Cornillie Pascal (director) · Purpose change · Amendment of the articles12 points ▸
- General meeting, 14-12-2023
- Other provision, “kennisname en goedkeuring verslag bestuurder over voorwerpwijziging, erkenning kennisname zonder opmerkingen nagezien en goedkeuring” (deed in Dutch)
- Purpose change
- Other provision, “verlenging lopend boekjaar en eerstvolgende jaarvergadering, laatste zaterdag van de maand maart in 2025” (deed in Dutch)
- Amendment of the articles, mentioned 2 times in the deed
- Capital conversion, “statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
- Reserve release, “vormen en meerderheden van de statutenwijziging, statutair onbeschikbare eigen vermogensrekening aangelegd bij toepassing van artikel 39,§2,derde lid” (deed in Dutch)
- Amendment of the articles, 2
- Capital
- Director resignation, Cornillie Pascal (manager and director)
- Director discharge, Cornillie Pascal
- Director reappointment, Cornillie Pascal (director)
14-07
abbreviated format · 17 days before the deadline
2022
29-07
abbreviated format · 2 days before the deadline
2021
29-07
abbreviated format · 2 days before the deadline
2020
31-12
Financial
Equity above €200,000equity €206,113 ▲22.9%
With a profit in every financial year since 2018, equity grows to €206,113.
08-07
abbreviated format · 23 days before the deadline
2019
31-12
Financial
Equity above €150,000equity €167,722 ▲14.3%
With a profit in every financial year since 2018, equity grows to €167,722.
Show earlier events
29-06
abbreviated format · 32 days before the deadline
2018
30-07
abbreviated format · 1 day before the deadline
2017
26-07
micro format · 5 days before the deadline
2016
06-07
abbreviated format · 25 days before the deadline
2015
24-07
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
Company details
Register details
Identity
KBO recordName
UDILA in Dutch
Enterprise number
0633.970.224
Legal form
Private limited company
Status
Active, normale toestand
Founded
22-07-2015
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 21-12-2023 (in Dutch)Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Vlaams Gewest, voor zover geen wijziging van taalregime”
deed of 21-12-2023 (in Dutch)Registered office and establishments
Registered office
Berkenhagestraat 58, 8210 Zedelgem, Belgium
Establishment unit
UDILA, Berkenhagestraat 58, 8210 Zedelgem since 22-07-2015 · unit number 2.246.926.6087010001 Activities of head offices
Activities
NACEBEL 202564210
Activities of holding companies main activity
66191
Agents and brokers in banking services
Codes under NACEBEL 2008
64200
Holdings main activity
66191
Agents and brokers in banking services
Invoicing and payment
VAT number
BE 0633.970.224
Financial year and general meeting
Accounts at the NBBFinancial year end
30-09
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Saturday of March at 10:00
deed of 21-12-2023 (in Dutch)Sites & property
Location
Buildings and parcels at the address
Ground area
1,017 m²
Building footprint
145 m²
Building volume
821 m³
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 31040C0468/00B000 | Flanders | 1,017 m² | 1 · 145 m² | 8.6 m · 2 |