UMITAL
Open bankruptcyA bankruptcy procedure is open for UMITAL according to publications in the Belgian State Gazette. The 2024 annual accounts show negative equity (€-245k) and a net result of €-112k.
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
192021222324
2019 to 2024 · latest year €-245k
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 24-07-2025, 7 days ahead of the deadline.
NBB · 6 filingsDeviation from the deadline
2025
not confirmed
2024
7 d early
2023
23 d early
2022
24 d early
2021
31 d early
2020
30 d early
2019
28 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-245k▼ 84.5%
2023 · €-133k
2019: €82k
2020: €163k
2021: €165k
2022: €122k
2023: €-133k
2019 → 2024
Total assets
€66k▼ 71.8%
2023 · €234k
2019: €111k
2020: €579k
2021: €669k
2022: €631k
2023: €234k
2019 → 2024
Net result
€-112k▲ 64.4%
2023 · €-315k
2019: €2k
2020: €61k
2021: €2k
2022: €-43k
2023: €-315k
2019 → 2024
Working capital
€7k▲ 85.8%
2023 · €4k
2019: €72k
2020: €261k
2021: €105k
2022: €155k
2023: €4k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€163k-€165k▲ 1.3%€122k▼ 26.1%€-133k€-245k▼ 84.5%
Operating result€62k-€24k▼ 61.3%€-28k€-297k▼ 973%€-94k▲ 68.3%
Net result€61k-€2k▼ 96.5%€-43k€-315k▼ 631%€-112k▲ 64.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €94k in 2024 against €297k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €66k
Fixed assets
€21k▼ 83.9%
Current assets
€45k▼ 56.2%
Key figures and ratios
EBITDA
€17k▲
2023 · €-48k
Cash flow
€-1k▲
2023 · €-67k
Solvency
-371.2%▼
2023 · -56.7%
Current ratio
1.20▲
2023 · 1.04
Quick ratio
1.20▲
2023 · 1.04
Debt / equity
-1.27▲
2023 · -2.76
ROA
-170.0%▼
2023 · -134.5%
Interest coverage
0.93▲
2023 · -2.64
Debt
€311k▼
2023 · €367k
Debt ≤ 1 year
€37k▼
2023 · €98k
Debt > 1 year
€273k▲
2023 · €269k
Staff costs
€0▼
2023 · €60
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€234k€66k▼
Fixed assets21/28€132k€21k▼
Intangible fixed assets21€132k€21k▼
Current assets29/58€102k€45k▼
Amounts receivable within one year40/41€33k€7k▼
Trade receivables40€29k€7k▼
Other amounts receivable41€4k€0▼
Cash at bank and in hand54/58€67k€37k▼
Deferred charges and accrued income490/1€2k€238▼
Equity and liabilities
Total equity and liabilities10/49€234k€66k▼
Equity10/15€-133k€-245k▼
Contributions10/11€160k€160k=
Reserves13€22k€22k=
Distributable reserves133€22k€22k=
Profit (loss) carried forward14€-315k€-427k▼
Amounts payable17/49€367k€311k▼
Amounts payable after more than one year17€269k€273k▲
Financial debts170/4€269k€273k▲
Amounts payable within one year42/48€98k€37k▼
Current portion of amounts payable after more than one year42€81k€32k▼
Trade debts44€16k€2k▼
Suppliers440/4€16k€2k▼
Taxes, remuneration and social security45€0€3k▲
Taxes450/3€0€3k▲
Other amounts payable47/48€0-
Accrued charges and deferred income492/3€0€655▲
Income statement
Code20232024
Remuneration, social security and pensions62€60€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€248k€111k▼
Other operating charges640/8€510€126▼
Gross operating margin9900€-48k€17k▲
Operating profit (loss)9901€-297k€-94k▲
Financial income75/76B€33€0▼
Recurring financial income75€33€0▼
Financial charges65/66B€18k€18k▼
Recurring financial charges65€18k€18k▼
Profit (loss) for the period before taxes9903€-315k€-112k▲
Profit (loss) for the period9904€-315k€-112k▲
Profit (loss) for the period to be appropriated9905€-315k€-112k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-315k€-427k▼
Profit (loss) brought forward from the previous period14P€0€-315k▼
Transfer from equity791/2€0-
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
17-09
Bankruptcy
Opening
Ondernemingsrechtbank Antwerpen, afdeling Hasselt · UMITAL BV KATTENDANS- STRAAT 82, 3500 HASSELT · event 11-09-2025
24-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
08-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-315k
Net result drops to €-315k, the lowest in the series.
07-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
01-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2019net €61k ▲3041%
Operating result €62k, net result €61k, both a record.
31-12
Financial
Equity above €150kEq €163k ▲99.1%
2 profitable years in a row build equity to €163k.
03-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Hasselt · 1 establishment unit since 2018
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.
Kattendansstraat 823500 HasseltGround area
2,929 m²
Building footprint
471 m²
Volume, LiDAR
2,217 m³
2 parcels, Flanders · tallest building 9.9 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
UMITAL
since 20182.277.974.229
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 71324E0715/00G002 | Flanders | 1,681 m² | 1 · 269 m² | 8.7 m · 1 fl. |
| 71052C0372/00A002 | Flanders | 1,248 m² | 1 · 201 m² | 9.9 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Insolvency mandates
2 mandates| Role | Name | Tenure |
|---|---|---|
| Curator | ELKE NATENS WIJNGAARDSTRAAT 6,
3700 TONGEREN-BORGLOON |
11-09-2025 → present |
| Curator | JEF SCHEEPERS WIJNGAARDSTRAAT 6, 3700 TONGEREN-BORGLOON- |
11-09-2025 → present |
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Of 2,362 companies in sector 78100 we hold annual accounts for 1,365. 1,094 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded28-06-2018
Fiscal year end31-12
Activities, NACEBEL
78100Employment placement agencies
70200Business and other management consultancy
70210Activities of head offices; management consultancy activities
70220Business consulting
73120Media representation
73300Public relations and communication consultancy
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesE-mail:eline@umital.com
Phone:0494/71.85.10