UMAR
ActiveSummary
The annual accounts of UMAR for fiscal year 2024 show a net loss of 91% of the equity at the start of that year. The 2024 annual accounts show equity of €12,067 and a net result of -€119,092. Equity is growing by ~5.8% per year across the filed fiscal years. Its solvency ranks better than 12% of 9620 sector peers (fiscal year 2024). The company has been active since 2004 and the Belgian State Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-40
Solvency28▼-20
Growth32▼-20
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
No publishable credit limit; credit only on tighter terms
Net loss of at least half of total assets or of the equity at the start of the financial year.
Liquidity short (current ratio 0.98 against 1.29 in 2023; short-term debt: 96.6% and cash: 12.8% of total assets), and 96.6% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 47
Relative position
BE, all sectors
reference
Retail trade (NACE 47)
about 45% more bankruptcies
← 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
3.4%
Return on assets
-33.6%
Age of the figures
21 mo
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 · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 9620 sector peers (2024).
NBB · sector comparisonPosition among 9620 sector peers
Solvency
better than 12%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 29-09-2025, 60 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
60 d late
2023
96 d late
2022
305 d late
2021
670 d late
2020
89 d late
2019
121 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 224 days after the deadline; the sector median for financial year 2024 is on the deadline day, and 46% of the sector filed late.
Checked, nothing found (1)
History
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Financials · fiscal year 2024, abbreviated schema
Equity
€12,067▼ 90.8%
2023 · €131,159
Total assets
€354,388▼ 37.6%
2023 · €568,063
Net result
-€119,092
2023 · €5,439
Working capital
-€5,538
2023 · €128,753
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Operating result€47,647€27,448▼ 42.4%€7,653▼ 72.1%€19,528▲ 155%-€99,087
Net result€47,600€10,021▼ 78.9%€3,837▼ 61.7%€5,439▲ 41.8%-€119,092
Equity€111,862▲ 74.1%€121,883▲ 9.0%€125,720▲ 3.1%€131,159▲ 4.3%€12,067▼ 90.8%
Total assets€302,403▲ 51.9%€376,739▲ 24.6%€445,275▲ 18.2%€568,063▲ 27.6%€354,388▼ 37.6%
Debt€190,541▲ 41.3%€254,856▲ 33.8%€319,555▲ 25.4%€436,904▲ 36.7%€342,321▼ 21.6%
Working capital€106,023▲ 69.2%€119,253▲ 12.5%€126,021▲ 5.7%€128,753▲ 2.2%-€5,538
Staff (FTE)2.7▲ 12.5%4.7▲ 74.1%6.6▲ 40.4%6.5▼ 1.5%5.8▼ 10.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €99,087 after €19,528 in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €354,388
Fixed assets
€17,605 ▲ 632%
Current assets
€336,783 ▼ 40.5%
Equity and liabilities €354,388
Equity
€12,067 ▼ 90.8%
Debt
€342,321 ▼ 21.6%
Debt's share of the balance-sheet total rises from 76.9% to 96.6%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€98,593
Cash flow
-€118,597
Current ratio
0.98▼
2023 · 1.29
Quick ratio
0.64▼
2023 · 1.11
Debt to equity
28.37▲
2023 · 3.33
ROE
-986.9%▼
2023 · 4.1%
ROA
-33.6%▼
2023 · 1.0%
Interest coverage
-23.89
Debt ≤ 1 year
€342,321▼
2023 · €436,904
Income taxes
€15,882▲
2023 · €10,754
Staff costs
€167,397▲
2023 · €163,707
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €3,900 | - | - | - |
| Remuneration, social security and pensions62 | - | €117,402 | €164,748 | €163,707 | €167,397 | ▲ 2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,319 | €3,209 | €288 | - | €494 | - |
| Other operating charges640/8 | - | €3,390 | €1,718 | €2,165 | €2,042 | ▼ 5.7% |
| Gross operating margin9900 | €123,058 | €151,448 | €174,407 | €185,400 | €70,846 | ▼ 61.8% |
| Operating profit (loss)9901 | €47,647 | €27,448 | €7,653 | €19,528 | -€99,087 | ▼ 607% |
| Financial income75/76B | - | €11 | €6 | €0 | €4 | ▲ 14,333% |
| Recurring financial income75 | €0 | €11 | €6 | €0 | €4 | ▲ 14,333% |
| Financial charges65/66B | - | -€1,795 | €3,822 | €3,335 | €4,126 | ▲ 23.7% |
| Recurring financial charges65 | €2,738 | -€1,795 | €3,822 | €3,335 | €4,126 | ▲ 23.7% |
| Profit (loss) for the period before taxes9903 | €44,909 | €29,254 | €3,837 | €16,193 | -€103,209 | ▼ 737% |
| Income taxes67/77 | -€2,691 | €19,233 | - | €10,754 | €15,882 | ▲ 47.7% |
| Profit (loss) for the period9904 | €47,600 | €10,021 | €3,837 | €5,439 | -€119,092 | ▼ 2,290% |
| Profit (loss) for the period to be appropriated9905 | €47,600 | €10,021 | €3,837 | €5,439 | -€119,092 | ▼ 2,290% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €302,403 | €376,739 | €445,275 | €568,063 | €354,388 | ▼ 37.6% |
| Fixed assets21/28 | €8,546 | €5,337 | €2,405 | €2,405 | €17,605 | ▲ 632% |
| Tangible fixed assets22/27 | €7,334 | €4,125 | €1,194 | €1,194 | €16,393 | ▲ 1,273% |
| Furniture and vehicles24 | - | €4,125 | €1,194 | €1,194 | €16,393 | ▲ 1,273% |
| Financial fixed assets28 | €1,212 | €1,212 | €1,212 | €1,212 | €1,212 | = |
| Current assets29/58 | €293,857 | €371,402 | €442,869 | €565,657 | €336,783 | ▼ 40.5% |
| Stocks and contracts in progress3 | €40,341 | €11,377 | €51,662 | €79,556 | €119,006 | ▲ 49.6% |
| Stocks30/36 | - | €11,377 | €51,662 | €79,556 | €119,006 | ▲ 49.6% |
| Amounts receivable within one year40/41 | €196,086 | €203,894 | €233,639 | €218,568 | €172,334 | ▼ 21.2% |
| Trade receivables40 | - | €150,638 | €7,161 | €6,163 | €6,836 | ▲ 10.9% |
| Other amounts receivable41 | - | €53,257 | €226,477 | €212,405 | €165,498 | ▼ 22.1% |
| Cash at bank and in hand54/58 | €52,695 | €155,564 | €155,859 | €265,793 | €45,443 | ▼ 82.9% |
| Deferred charges and accrued income490/1 | - | €566 | €1,709 | €1,741 | - | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €302,403 | €376,739 | €445,275 | €568,063 | €354,388 | ▼ 37.6% |
| Equity10/15 | €111,862 | €121,883 | €125,720 | €131,159 | €12,067 | ▼ 90.8% |
| Contributions10/11 | - | €18,600 | €18,600 | €18,600 | €18,600 | = |
| Reserves13 | €33,559 | €33,559 | €33,559 | €33,559 | €33,559 | = |
| Non-distributable reserves130/1 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Reserves not available under the articles1311 | - | €1,860 | €1,860 | €1,860 | €1,860 | = |
| Tax-exempt reserves132 | - | €15,021 | €15,021 | €15,021 | €15,021 | = |
| Distributable reserves133 | - | €16,679 | €16,679 | €16,679 | €16,679 | = |
| Profit (loss) carried forward14 | €59,702 | €69,724 | €73,561 | €78,999 | -€40,092 | ▼ 151% |
| Amounts payable17/49 | €190,541 | €254,856 | €319,555 | €436,904 | €342,321 | ▼ 21.6% |
| Amounts payable within one year42/48 | €187,834 | €252,149 | €316,848 | €436,904 | €342,321 | ▼ 21.6% |
| Trade debts44 | €3,272 | €65,673 | €136,039 | €248,105 | €254,582 | ▲ 2.6% |
| Suppliers440/4 | - | €65,673 | €136,039 | €248,105 | €254,582 | ▲ 2.6% |
| Taxes, remuneration and social security45 | - | €143,328 | €136,158 | €143,769 | €12,807 | ▼ 91.1% |
| Taxes450/3 | - | €8,364 | €11,143 | €12,130 | €1,424 | ▼ 88.3% |
| Remuneration and social security454/9 | - | €134,964 | €125,015 | €131,639 | €11,384 | ▼ 91.4% |
| Other amounts payable47/48 | - | €43,148 | €44,651 | €45,031 | €74,932 | ▲ 66.4% |
| Accrued charges and deferred income492/3 | - | €2,707 | €2,707 | - | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €47,600 | €10,021 | €3,837 | €5,439 | -€119,092 | ▼ 2,290% |
| + Depreciation and write-downs630 | €1,319 | €3,209 | €288 | - | €494 | - |
| Operating cash flow (approximation) | €48,920 | €13,230 | €4,125 | €5,439 | -€118,597 | ▼ 2,281% |
| Investment in fixed assets (approximation) | - | €0 | €2,643 | €0 | -€15,694 | - |
| Change in cash | - | €102,869 | €295 | €109,934 | -€220,350 | ▼ 300% |
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
29-09
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 60 days late
2024
31-12
Financial
Weakest financial yearnet -€119,092
Net result drops to -€119,092, the lowest in the series.
04-11
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 96 days late
31-05
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 305 days late
31-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 670 days late
2021
28-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 89 days late
2020
31-12
Financial
Back to profitnet €47,600
Net result €47,600 after one loss-making year.
31-12
Financial
Equity above €100,000Eq €111,862 ▲74.1%
Equity rises from €64,261 to €111,862.
29-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 121 days late
2019
09-10
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 70 days late
19-03
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 231 days late
2018
20-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 385 days late
2017
13-10
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 439 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 7 acts read
About the unread acts
We know of 7 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
7 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 2004
Ground area
1,747 m²
Building footprint
368 m²
Volume, LiDAR
1,509 m³
Parcel 11463D0275/00D003, Flanders · tallest building 6.0 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
Q8 - A 12
since 20042.139.235.228
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11463D0275/00D003 | Flanders | 1,747 m² | 1 · 368 m² | 6.0 m · 1 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.
Recognitions · licences · registrations
Food safety, FASFC
1 siteAntwerpen2.139.235.228
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Of 2,213 companies in sector 47711 we hold annual accounts for 887. 513 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
Founded17-08-2004
Fiscal year end31-12
Activities, NACEBEL 2025
47300Retail sale of automotive fuel
47711Retail sale of women's outerwear
47715Retail trade
Contact
E-mail
q8umar@hotmail.beAntwerpen
Phone
+32 496 84 31 50Antwerpen
Scores and ratios are computed by Checked and are not a credit decision.