UM KE
ActiveThe computed 12-month bankruptcy probability of UM KE is 2.7% (moderate). The 2024 annual accounts show equity of €42k and a net result of €-2k. Equity is growing by ~29.9% per year across the filed fiscal years. Its solvency ranks better than 71% of 9981 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
48
/ 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
Profitability31▼-69
Solvency88▼-12
Growth52▼-26
Track record94
Bankruptcy probability, 12 months
2.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.69 against 7.5 in 2023; short-term debt: 37.2% and cash: 3.4% of total assets), and 37.2% 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 41
Relative position
BE, all sectors
reference
Sector 41
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
62.8%
Return on assets
-2.6%
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 03-06-2025, 58 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
not confirmed
2024
58 d early
2023
51 d early
2022
53 d late
2021
16 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€42k▼ 4.0%
2023 · €44k
2021: €16k
2022: €31k
2023: €44k
2021 → 2024
Total assets
€67k▲ 32.6%
2023 · €50k
2021: €16k
2022: €31k
2023: €50k
2021 → 2024
Net result
€-2k
2023 · €13k
2021: €8k
2022: €15k
2023: €13k
2021 → 2024
Working capital
€42k▼ 4.0%
2023 · €44k
2021: €16k
2022: €31k
2023: €44k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€16k-€31k▲ 93.6%€44k▲ 42.5%€42k▼ 4.0%
Operating result€8k-€15k▲ 90.9%€15k▲ 2.9%€3k▼ 77.9%
Net result€8k-€15k▲ 89.9%€13k▼ 12.0%€-2k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 78% below 2023 and is the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €67k
Equity
€42k▼ 4.0%
Debt
€25k▲ 270%
The debt ratio rises from 13.3% to 37.2%. Equity is lower and debt is higher.
Key figures and ratios
Solvency
62.8%▼
2023 · 86.7%
Current ratio
2.69▼
2023 · 7.50
Quick ratio
2.69▼
2023 · 7.50
Debt / equity
0.59▲
2023 · 0.15
ROE
-4.2%▼
2023 · 29.8%
ROA
-2.6%▼
2023 · 25.9%
Debt
€25k▲
2023 · €7k
Debt ≤ 1 year
€25k▲
2023 · €7k
Income taxes
€5k▲
2023 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€50k€67k▲
Current assets29/58€50k€67k▲
Amounts receivable within one year40/41€48k€64k▲
Trade receivables40€33k€46k▲
Other amounts receivable41€15k€19k▲
Cash at bank and in hand54/58€2k€2k▼
Equity and liabilities
Total equity and liabilities10/49€50k€67k▲
Equity10/15€44k€42k▼
Contributions10/11€8k€8k=
Capital10€8k€8k=
Issued capital100€8k€8k=
Profit (loss) carried forward14€36k€34k▼
Amounts payable17/49€7k€25k▲
Amounts payable within one year42/48€7k€25k▲
Trade debts44€7k€25k▲
Suppliers440/4€7k€25k▲
Income statement
Code20232024
Other operating charges640/8€741€413▼
Gross operating margin9900€16k€4k▼
Operating profit (loss)9901€15k€3k▼
Financial charges65/66B€206€284▲
Recurring financial charges65€206€284▲
Profit (loss) for the period before taxes9903€15k€3k▼
Income taxes67/77€2k€5k▲
Profit (loss) for the period9904€13k€-2k▼
Profit (loss) for the period to be appropriated9905€13k€-2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€36k€34k▼
Profit (loss) brought forward from the previous period14P€23k€36k▲
Timeline · acts, filings and financial milestones
2025
03-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-2k ▼113%
Net result drops to €-2k, the lowest in the series.
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 53 days late
2022
31-12
Financial
Highest result since 2021net €15k ▲89.9%
Net result €15k, the highest in the series.
16-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Gent · 1 establishment unit 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.
Visitatiestraat 92/+9040 GentGround area
106 m²
Building footprint
98 m²
Volume, LiDAR
870 m³
Parcel 44061B0348/00Y003, Flanders · tallest building 12.0 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
UM KE
since 20202.308.825.078
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44061B0348/00Y003 | Flanders | 106 m² | 1 · 98 m² | 12.0 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Kero wonen
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T.S.E.P.
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Of 29,801 companies in sector 41001 we hold annual accounts for 16,041. 12,894 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded24-09-2020
Fiscal year end31-12
Activities, NACEBEL
41001General construction of residential buildings
41003General construction of other non-residential buildings
68121Development of residential building projects
68122Development of non-residential building projects
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.