UMBI
ActiveSummary
UMBI has been active since 2018 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €125,024 and a net result of €52,449. Equity is shrinking by ~15.1% per year across the filed fiscal years. Its solvency ranks better than 73% of 20782 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability100▲+35
Solvency100▲+41
Growth58=
Track record100
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €11,000 at 30 days acceptable
Liquidity ample (current ratio 57.67 against 1.49 in 2023; short-term debt: 1.5% and cash: 84.2% of total assets), and 20% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises 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 →
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
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 26-06-2026, 35 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
35 d early
2024
34 d early
2023
35 d early
2022
27 d early
2021
23 d early
2020
40 d late
2019
13 d late
← 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 14 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 27 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Source amounts without an identifiable currency are assumed to be EUR.
Equity
€125,024▲ 72.3%
2023 · €72,575
Total assets
€156,352▼ 27.6%
2023 · €216,093
Net result
€52,449
2023 · -€5,952
Working capital
€129,628▲ 189%
2023 · €44,814
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
Line20202021202220232024
Operating result-€134,510▲ 16.4%-€311,582▼ 132%-€143,224▲ 54.0%€4,551€53,187▲ 1,069%
Net result-€134,779below the sector's middle half▲ 17.5%-€311,853below the sector's middle half▼ 131%-€161,452below the sector's middle half▲ 48.2%-€5,952below the sector's middle half▲ 96.3%€52,449within the sector's middle half
Equity€296,833above the sector's middle half▼ 3.2%€239,980above the sector's middle half▼ 19.2%€78,528within the sector's middle half▼ 67.3%€72,575within the sector's middle half▼ 7.6%€125,024within the sector's middle half▲ 72.3%
Total assets€451,922above the sector's middle half▲ 39.2%€581,314above the sector's middle half▲ 28.6%€371,465above the sector's middle half▼ 36.1%€216,093within the sector's middle half▼ 41.8%€156,352within the sector's middle half▼ 27.6%
Debt€155,089▲ 764%€341,334▲ 120%€292,937▼ 14.2%€143,518▼ 51.0%€31,328▼ 78.2%
Working capital-€135,425below the sector's middle half▼ 15,405%€138,334above the sector's middle half-€105,709below the sector's middle half€44,814within the sector's middle half€129,628above the sector's middle half▲ 189%
Solvency65.7%within the sector's middle half▼ 28.8pp41.3%within the sector's middle half▼ 24.4pp21.1%below the sector's middle half▼ 20.1pp33.6%within the sector's middle half▲ 12.4pp80.0%within the sector's middle half▲ 46.4pp
Current ratio0.13below the sector's middle half▼ 0.822.57within the sector's middle half▲ 2.440.55below the sector's middle half▼ 2.011.49within the sector's middle half▲ 0.9457.67above the sector's middle half▲ 56.18
Return on assets (ROA)-29.8%below the sector's middle half▲ 20.5pp-53.6%below the sector's middle half▼ 23.8pp-43.5%below the sector's middle half▲ 10.2pp-2.8%below the sector's middle half▲ 40.7pp33.5%within the sector's middle half▲ 36.3pp
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 micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2021 the operating result has climbed three years in a row; 2024 is 1,069% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €156,352
Fixed assets
€24,437 ▼ 69.5%
Current assets
€131,916 ▼ 3.0%
Equity and liabilities €156,352
Equity
€125,024 ▲ 72.3%
Debt
€31,328 ▼ 78.2%
Debt's share of the balance-sheet total falls from 66.4% to 20.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€108,858▼
2023 · €166,173
Cash flow
€108,120▼
2023 · €155,669
Debt to equity
0.25▼
2023 · 1.98
ROE
42.0%▲
2023 · -8.2%
Interest coverage
147.52▲
2023 · 15.82
Debt ≤ 1 year
€2,287▼
2023 · €91,172
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.
- Micro
- 5 to 10 years old
- solvency 30% or more
- a profit of 5% of the balance sheet or more
1.6%
went bankrupt
3.4%
stopped otherwise
95%
still going
A further 0.1% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.3% 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 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| 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% | 1.9% |
| 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 26,975 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 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €107,232 | €143,200 | €156,208 | €161,622 | €55,671 | ▼ 65.6% |
| Other operating charges640/8 | - | €473 | €469 | €406 | €0 | ▼ 100% |
| Gross operating margin9900 | -€26,599 | -€167,908 | €13,453 | €166,578 | €108,858 | ▼ 34.7% |
| Operating profit (loss)9901 | -€134,510 | -€311,582 | -€143,224 | €4,551 | €53,187 | ▲ 1,069% |
| Financial income75/76B | - | €25 | €32 | €0 | - | - |
| Recurring financial income75 | €54 | €25 | €32 | €0 | - | - |
| Financial charges65/66B | - | €296 | €18,260 | €10,504 | €738 | ▼ 93.0% |
| Recurring financial charges65 | €323 | €296 | €18,260 | €10,504 | €738 | ▼ 93.0% |
| Profit (loss) for the period before taxes9903 | -€134,779 | -€311,853 | -€161,452 | -€5,952 | €52,449 | ▲ 981% |
| Profit (loss) for the period9904 | -€134,779 | -€311,853 | -€161,452 | -€5,952 | €52,449 | ▲ 981% |
| Profit (loss) for the period to be appropriated9905 | -€134,779 | -€311,853 | -€161,452 | -€5,952 | €52,449 | ▲ 981% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €451,922 | €581,314 | €371,465 | €216,093 | €156,352 | ▼ 27.6% |
| Formation expenses20 | €602 | €0 | - | - | - | - |
| Fixed assets21/28 | €431,656 | €354,629 | €241,729 | €80,108 | €24,437 | ▼ 69.5% |
| Intangible fixed assets21 | €431,656 | €354,629 | €241,729 | €80,108 | €24,437 | ▼ 69.5% |
| Current assets29/58 | €19,663 | €226,685 | €129,736 | €135,986 | €131,916 | ▼ 3.0% |
| Amounts receivable within one year40/41 | €12,756 | €117,673 | €53,119 | €50,820 | €327 | ▼ 99.4% |
| Trade receivables40 | - | €111,898 | €53,119 | €50,820 | €0 | ▼ 100% |
| Other amounts receivable41 | - | €5,775 | €0 | - | €327 | - |
| Cash at bank and in hand54/58 | €6,907 | €109,012 | €76,617 | €85,166 | €131,588 | ▲ 54.5% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €451,922 | €581,314 | €371,465 | €216,093 | €156,352 | ▼ 27.6% |
| Equity10/15 | €296,833 | €239,980 | €78,528 | €72,575 | €125,024 | ▲ 72.3% |
| Contributions10/11 | €645,000 | €900,000 | €900,000 | €900,000 | €900,000 | = |
| Capital10 | - | €900,000 | €900,000 | €900,000 | €900,000 | = |
| Issued capital100 | - | €900,000 | €900,000 | €900,000 | €900,000 | = |
| Profit (loss) carried forward14 | -€348,167 | -€660,020 | -€821,472 | -€827,425 | -€774,976 | ▲ 6.3% |
| Amounts payable17/49 | €155,089 | €341,334 | €292,937 | €143,518 | €31,328 | ▼ 78.2% |
| Amounts payable after more than one year17 | - | €200,000 | €0 | - | - | - |
| Financial debts170/4 | - | €200,000 | €0 | - | - | - |
| Amounts payable within one year42/48 | €155,089 | €88,350 | €235,445 | €91,172 | €2,287 | ▼ 97.5% |
| Financial debts43 | - | - | €217,889 | €75,538 | €0 | ▼ 100% |
| Other loans439 | - | - | €217,889 | €75,538 | €0 | ▼ 100% |
| Trade debts44 | €80,089 | €88,350 | €803 | €1,422 | €2,287 | ▲ 60.9% |
| Suppliers440/4 | - | €88,350 | €803 | €1,422 | €2,287 | ▲ 60.9% |
| Taxes, remuneration and social security45 | - | - | €16,753 | €14,213 | €0 | ▼ 100% |
| Taxes450/3 | - | - | €16,753 | €14,213 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | €0 | - | - | - | - |
| Accrued charges and deferred income492/3 | - | €52,983 | €57,492 | €52,346 | €29,041 | ▼ 44.5% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€134,779 | -€311,853 | -€161,452 | -€5,952 | €52,449 | ▲ 981% |
| + Depreciation and write-downs630 | €107,232 | €143,200 | €156,208 | €161,622 | €55,671 | ▼ 65.6% |
| Operating cash flow (approximation) | -€27,547 | -€168,653 | -€5,244 | €155,669 | €108,120 | ▼ 30.5% |
| Investment in fixed assets (approximation) | - | -€66,173 | -€43,308 | €0 | €0 | - |
| Change in cash | - | €102,105 | -€32,396 | €8,549 | €46,423 | ▲ 443% |
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
26-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
27-06
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €52,449
Net result €52,449 after 6 loss-making years.
31-12
Financial
Liquidity times 39current ratio 57.67
Current ratio from 1.49 to 57.67; short-term debt falls from €91,172 to €2,287.
31-12
Financial
Equity above €100,000Eq €125,024 ▲72.3%
Equity rises from €72,575 to €125,024.
26-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Liquidity triplescurrent ratio 1.49
Current ratio from 0.55 to 1.49; short-term debt falls from €235,445 to €91,172.
04-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
08-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Weakest financial yearnet -€311,853
Net result drops to -€311,853, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 20current ratio 2.57
Current ratio from 0.13 to 2.57; short-term debt falls from €155,089 to €88,350.
09-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 40 days late
2020
13-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 13 days late
2019
04-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 10 acts read
About the unread acts
We know of 10 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
10 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, Brussel · 1 establishment unit since 2018
Ground area
4,348 m²
Building footprint
4,347 m²
Volume, LiDAR
76,992 m³
Parcel 21804D1049/00D002, Brussels · tallest building 26.2 m, ±7 floors. Linked by address, not a title deed.
59
companies at this address
See who is registered here
1 establishment unit
Kantersteen 12, 1000 Brussel
since 20182.273.818.966
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21804D1049/00D002 | Brussels | 4,348 m² | 1 · 4,347 m² | 26.2 m · 7 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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Of 16,913 companies in sector 62100 we hold annual accounts for 8,786. 6,935 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded10-03-2018
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
73110Advertising agencies
62900Other information technology and computer services
62200Computer consultancy and computer facilities management
63910Web portal activities
63920Other information service activities
E-invoicing
Reachable via Peppol
Peppol ID
0208:0691916044
Registered
19-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.