UMBA
ActiveSummary
UMBA has been active since 2011 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €448,756 and a net result of €72,498. Equity is growing by ~15.4% per year across the filed fiscal years. Its solvency ranks better than 95% of 17213 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability88▼-2
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €40,000 at 30 days acceptable
Liquidity ample (current ratio 30.96 against 43.69 in 2024; short-term debt: 2.9% and cash: 84.2% of total assets), and 2.9% of the assets are financed with debt.
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Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
97.1%
Return on assets
15.7%
Age of the figures
9 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
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 08-06-2026, 53 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
53 d early
2024
50 d early
2023
40 d early
2022
28 d early
2021
52 d early
2020
52 d early
2019
32 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 44 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 33% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 11 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2025, micro schema
Equity
€448,756▼ 0.4%
2024 · €450,481
Total assets
€462,073▲ 0.6%
2024 · €459,540
Net result
€72,498▼ 7.5%
2024 · €78,406
Working capital
€398,966▲ 3.2%
2024 · €386,705
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related 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
Line20212022202320242025
Operating result€54,995▲ 40.2%€68,220▲ 24.0%€91,160▲ 33.6%€99,338▲ 9.0%€98,205▼ 1.1%
Net result€43,435within the sector's middle half▲ 43.8%€54,711above the sector's middle half▲ 26.0%€61,423above the sector's middle half▲ 12.3%€78,406above the sector's middle half▲ 27.6%€72,498above the sector's middle half▼ 7.5%
Equity€289,273above the sector's middle half▲ 17.3%€333,443above the sector's middle half▲ 15.3%€375,240above the sector's middle half▲ 12.5%€450,481above the sector's middle half▲ 20.1%€448,756above the sector's middle half▼ 0.4%
Total assets€293,949above the sector's middle half▲ 18.3%€367,544above the sector's middle half▲ 25.0%€399,469above the sector's middle half▲ 8.7%€459,540above the sector's middle half▲ 15.0%€462,073above the sector's middle half▲ 0.6%
Debt€4,676▲ 143%€34,101▲ 629%€24,229▼ 28.9%€9,059▼ 62.6%€13,317▲ 47.0%
Working capital€255,191above the sector's middle half▲ 16.7%€308,599above the sector's middle half▲ 20.9%€286,319above the sector's middle half▼ 7.2%€386,705above the sector's middle half▲ 35.1%€398,966above the sector's middle half▲ 3.2%
Solvency98.4%above the sector's middle half▼ 0.8pp90.7%above the sector's middle half▼ 7.7pp93.9%above the sector's middle half▲ 3.2pp98.0%above the sector's middle half▲ 4.1pp97.1%above the sector's middle half▼ 0.9pp
Current ratio55.57above the sector's middle half17.40above the sector's middle half▼ 38.1812.82above the sector's middle half▼ 4.5843.69above the sector's middle half▲ 30.8730.96above the sector's middle half▼ 12.73
Return on assets (ROA)14.8%within the sector's middle half▲ 2.6pp14.9%within the sector's middle half▲ 0.1pp15.4%within the sector's middle half▲ 0.5pp17.1%within the sector's middle half▲ 1.7pp15.7%within the sector's middle half▼ 1.4pp
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
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 falls in 2025; 2025 is 1% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €462,073
Fixed assets
€49,790 ▼ 21.9%
Current assets
€412,283 ▲ 4.2%
Equity and liabilities €462,073
Equity
€448,756 ▼ 0.4%
Debt
€13,317 ▲ 47.0%
Debt's share of the balance-sheet total rises from 2.0% to 2.9%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€113,704▼
2024 · €115,423
Cash flow
€87,997▼
2024 · €94,491
Debt to equity
0.03▲
2024 · 0.02
ROE
16.2%▼
2024 · 17.4%
Interest coverage
413.47▲
2024 · 187.68
Debt ≤ 1 year
€13,317▲
2024 · €9,059
Income taxes
€29,411▲
2024 · €23,209
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 17,810 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 97% are still going.
- Small
- 10 to 20 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
0.2%
went bankrupt
3.1%
stopped otherwise
97%
still going
For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.4% |
| 3 | 0.5% | 0.5% |
| 4 | 0.6% | 0.7% |
| 5 | 0.8% | 0.9% |
| 6 | 1.2% | 1.3% |
| 7 | 1.5% | 1.7% |
| 8 | 1.7% | 1.7% |
| 9 | 2.7% | 2.8% |
| 10 | 5.3% | 5.7% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% 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 17,810 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 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €5,584 | €5,399 | €5,100 | €4,886 | €5,544 | ▲ 13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,094 | €4,108 | €16,340 | €16,085 | €15,499 | ▼ 3.6% |
| Other operating charges640/8 | €954 | €562 | €1,077 | €1,234 | €2,170 | ▲ 75.9% |
| Gross operating margin9900 | €66,043 | €72,890 | €108,577 | €116,657 | €115,874 | ▼ 0.7% |
| Operating profit (loss)9901 | €54,995 | €68,220 | €91,160 | €99,338 | €98,205 | ▼ 1.1% |
| Financial income75/76B | €315 | €465 | €876 | €2,892 | €3,979 | ▲ 37.6% |
| Recurring financial income75 | €315 | €465 | €876 | €2,892 | €3,979 | ▲ 37.6% |
| Non-recurring financial income76B | €315 | - | - | - | - | - |
| Financial charges65/66B | €354 | €251 | €1,100 | €615 | €275 | ▼ 55.3% |
| Recurring financial charges65 | €354 | €251 | €1,100 | €615 | €275 | ▼ 55.3% |
| Profit (loss) for the period before taxes9903 | €54,956 | €68,434 | €90,936 | €101,615 | €101,909 | ▲ 0.3% |
| Income taxes67/77 | €11,521 | €13,723 | €29,513 | €23,209 | €29,411 | ▲ 26.7% |
| Profit (loss) for the period9904 | €43,435 | €54,711 | €61,423 | €78,406 | €72,498 | ▼ 7.5% |
| Transfer to tax-exempt reserves689 | €28,459 | €36,242 | €38,298 | €50,774 | - | - |
| Profit (loss) for the period to be appropriated9905 | €14,976 | €18,469 | €23,125 | €27,632 | €72,498 | ▲ 162% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €293,949 | €367,544 | €399,469 | €459,540 | €462,073 | ▲ 0.6% |
| Fixed assets21/28 | €34,082 | €40,126 | €88,921 | €63,776 | €49,790 | ▼ 21.9% |
| Tangible fixed assets22/27 | €12,234 | €18,278 | €67,073 | €51,928 | €37,942 | ▼ 26.9% |
| Land and buildings22 | €5,615 | €11,528 | €12,927 | €10,829 | €8,731 | ▼ 19.4% |
| Furniture and vehicles24 | €6,619 | €6,750 | €54,146 | €41,099 | €29,211 | ▼ 28.9% |
| Financial fixed assets28 | €21,848 | €21,848 | €21,848 | €11,848 | €11,848 | = |
| Current assets29/58 | €259,867 | €327,418 | €310,548 | €395,764 | €412,283 | ▲ 4.2% |
| Amounts receivable after more than one year29 | €2,500 | €2,056 | €4,086 | €3,588 | €2,497 | ▼ 30.4% |
| Other amounts receivable291 | €2,500 | €2,056 | €4,086 | €3,588 | €2,497 | ▼ 30.4% |
| Amounts receivable within one year40/41 | €16,091 | €26,666 | €23,857 | €21,447 | €18,247 | ▼ 14.9% |
| Trade receivables40 | €13,748 | €26,066 | €21,399 | €17,642 | €18,247 | ▲ 3.4% |
| Other amounts receivable41 | €2,343 | €600 | €2,458 | €3,805 | - | - |
| Cash at bank and in hand54/58 | €239,675 | €296,857 | €282,379 | €368,526 | €389,164 | ▲ 5.6% |
| Deferred charges and accrued income490/1 | €1,601 | €1,839 | €226 | €2,203 | €2,375 | ▲ 7.8% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €293,949 | €367,544 | €399,469 | €459,540 | €462,073 | ▲ 0.6% |
| Equity10/15 | €289,273 | €333,443 | €375,240 | €450,481 | €448,756 | ▼ 0.4% |
| Contributions10/11 | €6,200 | €6,200 | - | - | - | - |
| Capital10 | €6,200 | €6,200 | - | - | - | - |
| Issued capital100 | €18,600 | €18,600 | - | - | - | - |
| Uncalled capital101 | €12,400 | €12,400 | - | - | - | - |
| Reserves13 | €98,130 | €124,637 | €150,315 | €198,730 | €171,857 | ▼ 13.5% |
| Non-distributable reserves130/1 | €1,860 | €1,860 | - | - | - | - |
| Legal reserve130 | €1,860 | €1,860 | - | - | - | - |
| Tax-exempt reserves132 | €96,270 | €122,777 | €150,315 | €198,730 | - | - |
| Distributable reserves133 | - | - | - | - | €171,857 | - |
| Profit (loss) carried forward14 | €184,943 | €202,606 | €224,925 | €251,751 | €276,899 | ▲ 10.0% |
| Amounts payable17/49 | €4,676 | €34,101 | €24,229 | €9,059 | €13,317 | ▲ 47.0% |
| Amounts payable after more than one year17 | - | €15,282 | - | - | - | - |
| Financial debts170/4 | - | €15,282 | - | - | - | - |
| Amounts payable within one year42/48 | €4,676 | €18,819 | €24,229 | €9,059 | €13,317 | ▲ 47.0% |
| Financial debts43 | - | €14,718 | €15,282 | - | - | - |
| Credit institutions430/8 | - | €14,718 | €15,282 | - | - | - |
| Trade debts44 | €480 | €175 | €175 | €435 | €590 | ▲ 35.6% |
| Suppliers440/4 | €480 | €175 | €175 | €435 | €590 | ▲ 35.6% |
| Taxes, remuneration and social security45 | €3,390 | €3,120 | €7,966 | €7,818 | €6,494 | ▼ 16.9% |
| Taxes450/3 | €3,390 | €3,120 | €7,966 | €7,818 | €6,494 | ▼ 16.9% |
| Other amounts payable47/48 | €806 | €806 | €806 | €806 | €6,233 | ▲ 673% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €43,435 | €54,711 | €61,423 | €78,406 | €72,498 | ▼ 7.5% |
| + Depreciation and write-downs630 | €10,094 | €4,108 | €16,340 | €16,085 | €15,499 | ▼ 3.6% |
| Operating cash flow (approximation) | €53,529 | €58,819 | €77,763 | €94,491 | €87,997 | ▼ 6.9% |
| Investment in fixed assets (approximation) | - | -€10,152 | -€65,135 | €9,060 | -€1,513 | ▼ 117% |
| Change in cash | - | €57,182 | -€14,478 | €86,147 | €20,638 | ▼ 76.0% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
08-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
11-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Highest result since 2018net €78,406 ▲27.6%
Operating result €99,338, net result €78,406, both a record.
31-12
Financial
Liquidity triplescurrent ratio 43.69
Current ratio from 12.82 to 43.69; short-term debt falls from €24,229 to €9,059.
21-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
03-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
09-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
09-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
29-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Liquidity triplescurrent ratio 65.08
Current ratio from 20.50 to 65.08; short-term debt falls from €7,335 to €2,861.
31-12
Financial
Equity above €200,000Eq €217,238 ▲18.3%
2 profitable years in a row build equity to €217,238.
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema · 29 days late
2018
10-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 10 days late
2017
07-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 7 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Brugge · 1 establishment unit since 2011
Ground area
267 m²
Building footprint
99 m²
Volume, LiDAR
493 m³
Parcel 31014A0168/00Z000, Flanders · tallest building 7.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Zoete-Vaartstraat 23, 8000 Brugge
since 20112.198.167.874
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 31014A0168/00Z000 | Flanders | 267 m² | 1 · 99 m² | 7.6 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.
Public money · subsidies and aid
Flemish government
2025 · 2 entries · 2,085 EUR awarded · 2,085 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 2,085 EUR | 2,085 EUR |
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Of 16,911 companies in sector 62100 we hold annual accounts for 8,787. 5,655 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
Founded29-03-2011
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID
0208:0834938188
Also
9925:BE0834938188
Registered
07-07-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.