UMBRELLA
ActiveSummary
UMBRELLA has been active since 2010 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags). The 2020 annual accounts show negative equity (-€13,161) and a net result of €9,523. Equity is growing by ~23.8% per year across the filed fiscal years. Its solvency ranks better than 7% of 23298 sector peers (fiscal year 2020). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
No current score
Figures too old
The available figures for FY 2020 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2020 · tick = 2019
Profitability100▲+53
Solvency0=
Growth78=
Track record92
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
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Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Seven 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 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer 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 2020Solvency, return and age of the figures
Solvency
-37.4%
Return on assets
27.1%
Age of the figures
69 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 · No filing for years
The last filed financial year closed on 31-12-2020. Since then, 5 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 9 filingsPosition against the passed deadline
31-12-2021 close31-07-2022 deadline30-09-2026 today
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 30-09-2021, 61 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 · 9 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
61 d late
2019
on the day
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 2 accounts on average 31 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publicationsPublications
Address struck
History
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Financials · fiscal year 2020, micro schema
Equity
-€13,161▲ 42.0%
2019 · -€22,684
Total assets
€35,164▲ 7.5%
2019 · €32,705
Net result
€9,523▲ 637%
2019 · €1,292
Working capital
€24,395▲ 62.1%
2019 · €15,050
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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
Line201820192020
Operating result-€5,301-€2,804€9,595▲ 242%
Net result-€6,977-€1,292€9,523within the sector's middle half▲ 637%
Equity-€23,977--€22,684▲ 5.4%-€13,161below the sector's middle half▲ 42.0%
Total assets€31,462-€32,705▲ 4.0%€35,164below the sector's middle half▲ 7.5%
Debt€55,438-€55,389▼ 0.1%€48,325▼ 12.8%
Working capital€14,584-€15,050▲ 3.2%€24,395within the sector's middle half▲ 62.1%
Solvency-76.2%--69.4%▲ 6.8pp-37.4%below the sector's middle half▲ 31.9pp
Current ratio1.88-1.86▼ 0.023.34within the sector's middle half▲ 1.47
Return on assets (ROA)-22.2%-4.0%▲ 26.1pp27.1%above the sector's middle half▲ 23.1pp
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy 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
The operating result has risen two years in a row; 2020 is 242% above 2019 and is the highest result in the available series.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €35,164
Fixed assets
€326 ▲ 64.9%
Current assets
€34,837 ▲ 7.2%
Key figures and ratios
EBITDA
€9,737▲
2019 · €3,003
Cash flow
€9,665▲
2019 · €1,491
Quick ratio
1.34▲
2019 · 0.66
Debt to equity
-2.13▼
2019 · -1.23
Debt ≤ 1 year
€10,442▼
2019 · €17,457
Debt > 1 year
€28,000=
2019 · €28,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1,014 | €199 | €142 | ▼ 28.7% |
| Gross operating margin9900 | -€3,418 | €3,756 | €10,448 | ▲ 178% |
| Operating profit (loss)9901 | -€5,301 | €2,804 | €9,595 | ▲ 242% |
| Recurring financial income75 | €36 | €46 | €89 | ▲ 94.2% |
| Recurring financial charges65 | €1,597 | €1,440 | €160 | ▼ 88.9% |
| Profit (loss) for the period before taxes9903 | -€6,863 | €1,409 | €9,523 | ▲ 576% |
| Income taxes67/77 | €114 | €117 | - | - |
| Profit (loss) for the period9904 | -€6,977 | €1,292 | €9,523 | ▲ 637% |
| Profit (loss) for the period to be appropriated9905 | -€6,977 | €1,292 | €9,523 | ▲ 637% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €31,462 | €32,705 | €35,164 | ▲ 7.5% |
| Fixed assets21/28 | €397 | €198 | €326 | ▲ 64.9% |
| Tangible fixed assets22/27 | €397 | €198 | €326 | ▲ 64.9% |
| Current assets29/58 | €31,065 | €32,507 | €34,837 | ▲ 7.2% |
| Stocks and contracts in progress3 | €20,436 | €20,963 | €20,805 | ▼ 0.8% |
| Amounts receivable within one year40/41 | - | €904 | €3,241 | ▲ 258% |
| Cash at bank and in hand54/58 | €2,460 | €484 | €2,507 | ▲ 418% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €31,462 | €32,705 | €35,164 | ▲ 7.5% |
| Equity10/15 | -€23,977 | -€22,684 | -€13,161 | ▲ 42.0% |
| Contributions10/11 | €18,835 | €18,835 | - | - |
| Reserves13 | €165 | €165 | €165 | = |
| Profit (loss) carried forward14 | -€42,976 | -€41,684 | -€32,161 | ▲ 22.8% |
| Amounts payable17/49 | €55,438 | €55,389 | €48,325 | ▼ 12.8% |
| Amounts payable after more than one year17 | €28,000 | €28,000 | €28,000 | = |
| Amounts payable within one year42/48 | €16,481 | €17,457 | €10,442 | ▼ 40.2% |
| Trade debts44 | €3,451 | €602 | €4,142 | ▲ 588% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,977 | €1,292 | €9,523 | ▲ 637% |
| + Depreciation and write-downs630 | €1,014 | €199 | €142 | ▼ 28.7% |
| Operating cash flow (approximation) | -€5,962 | €1,491 | €9,665 | ▲ 548% |
| Investment in fixed assets (approximation) | - | €0 | -€270 | - |
| Change in cash | - | -€1,976 | €2,023 | ▲ 202% |
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
2024
02-09
KBO administration
Address struck
event 08-07-2024
2021
30-09
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 61 days late
2020
31-12
Financial
Highest result since 2018net €9,523 ▲637%
Operating result €9,595, net result €9,523, both a record.
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €1,292
Net result €1,292 after one loss-making year.
23-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 23 days late
2017
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 60 days late
2016
21-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 52 days late
2015
02-07
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
28-08
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema · 28 days late
2013
28-08
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema · 28 days late
2012
22-08
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema · 22 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 6 acts read
About the unread acts
We know of 6 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
6 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
Ground area
175 m²
Building footprint
103 m²
Volume, LiDAR
1,421 m³
Parcel 44808H0033/00G002, Flanders · tallest building 17.7 m, ±5 floors. Linked by address, not a title deed.
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44808H0033/00G002 | Flanders | 175 m² | 1 · 103 m² | 17.7 m · 5 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.
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Of 82,641 companies in sector 70200 we hold annual accounts for 52,636. 30,680 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 (pre-2019)
Founded12-07-2010
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
47632Retail sale of bicycles
52250Logistics services
82990Other business support services
95290Repair and maintenance of other personal and household goods
E-invoicing
Not found in the Peppol register
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.