UMU
ActiveUMU has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €304k and a net result of €26k. Equity is growing by ~4.9% per year across the filed fiscal years. Its solvency ranks better than 59% of 26043 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).
Checked score
Score 2024
55
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability23▲+20
Solvency68▲+4
Growth78▲+26
Track record100
Bankruptcy probability, 12 months
0.6%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €16k at 30 days acceptable
Liquidity ample (current ratio 3.14 against 5.91 in 2023; short-term debt: 30.8% and cash: 0% of total assets), but 57.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 · 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
Sector 47
higher
← fewer bankruptcies
more bankruptcies →
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 31-07-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
on the day
2023
1 d early
2022
60 d late
2021
79 d late
2020
101 d late
2019
91 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€304k▲ 9.5%
2023 · €277k
2018: €228k
2019: €191k
2020: €476k
2021: €501k
2022: €369k
2023: €277k
2018 → 2024
Total assets
€707k▼ 1.7%
2023 · €719k
2018: €1.42M
2019: €1.33M
2020: €996k
2021: €1.00M
2022: €763k
2023: €719k
2018 → 2024
Net result
€26k
2023 · €-92k
2018: €440
2019: €-38k
2020: €286k
2021: €25k
2022: €-132k
2023: €-92k
2018 → 2024
Working capital
€467k▼ 18.6%
2023 · €573k
2018: €-706k
2019: €-589k
2020: €922k
2021: €911k
2022: €680k
2023: €573k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€476k-€501k▲ 5.2%€369k▼ 26.4%€277k▼ 24.9%€304k▲ 9.5%
Operating result€427k-€2k▼ 99.6%€-127k€-86k▲ 32.8%€-40k▲ 52.8%
Net result€286k-€25k▼ 91.3%€-132k€-92k▲ 30.6%€26k
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 stays negative: a loss of €40k in 2024 against €86k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €707k
Fixed assets
€23k▼ 22.8%
Current assets
€684k▼ 0.8%
Equity and liabilities €707k
Equity
€304k▲ 9.5%
Provisions
€0▼ 100%
Debt
€404k▲ 23.7%
The debt ratio rises from 45.4% to 57.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€-34k▲
2023 · €-79k
Cash flow
€33k▲
2023 · €-85k
Solvency
42.9%▲
2023 · 38.5%
Current ratio
3.14▼
2023 · 5.91
Quick ratio
3.13▼
2023 · 5.87
Debt / equity
1.33▲
2023 · 1.18
ROE
8.7%▲
2023 · -33.1%
ROA
3.7%▲
2023 · -12.8%
Interest coverage
-3.87▲
2023 · -12.85
Debt
€404k▲
2023 · €326k
Debt ≤ 1 year
€218k▲
2023 · €117k
Debt > 1 year
€180k▼
2023 · €203k
Income taxes
€43k▲
2023 · €132
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€719k€707k▼
Fixed assets21/28€30k€23k▼
Tangible fixed assets22/27€30k€23k▼
Plant, machinery and equipment23€3k€2k▼
Furniture and vehicles24€15k€10k▼
Other tangible fixed assets26€11k€11k▼
Current assets29/58€690k€684k▼
Stocks and contracts in progress3€5k€3k▼
Stocks30/36€5k€3k▼
Amounts receivable within one year40/41€681k€681k▼
Trade receivables40€2k€2k▲
Other amounts receivable41€680k€679k▼
Cash at bank and in hand54/58€3k€278▼
Deferred charges and accrued income490/1€86€0▼
Equity and liabilities
Total equity and liabilities10/49€719k€707k▼
Equity10/15€277k€304k▲
Contributions10/11€19k€19k=
Reserves13€402k€55k▼
Tax-exempt reserves132€380k€33k▼
Distributable reserves133€22k€22k=
Profit (loss) carried forward14€-143k€230k▲
Provisions and deferred taxes16€116k€0▼
Deferred taxes168€116k€0▼
Amounts payable17/49€326k€404k▲
Amounts payable after more than one year17€203k€180k▼
Financial debts170/4€203k€180k▼
Amounts payable within one year42/48€117k€218k▲
Current portion of amounts payable after more than one year42€21k€24k▲
Financial debts43€15k€29k▲
Credit institutions430/8€15k€29k▲
Trade debts44€30k€28k▼
Suppliers440/4€30k€28k▼
Taxes, remuneration and social security45€6k€48k▲
Taxes450/3€5k€46k▲
Remuneration and social security454/9€2k€2k=
Other amounts payable47/48€44k€89k▲
Accrued charges and deferred income492/3€6k€6k=
Income statement
Code20232024
Non-recurring operating income76A-€100
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€7k€7k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-82k€0▲
Other operating charges640/8€1k€997▼
Gross operating margin9900€-160k€-33k▲
Operating profit (loss)9901€-86k€-40k▲
Financial income75/76B€2k€2k▲
Recurring financial income75€2k€2k▲
Financial charges65/66B€9k€9k▼
Recurring financial charges65€6k€9k▲
Non-recurring financial charges66B€3k€0▼
Profit (loss) for the period before taxes9903€-93k€-47k▲
Transfer from deferred taxes780€1k€116k▲
Income taxes67/77€132€43k▲
Profit (loss) for the period9904€-92k€26k▲
Transfer from tax-exempt reserves789€3k€347k▲
Profit (loss) for the period to be appropriated9905€-88k€374k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-143k€230k▲
Profit (loss) brought forward from the previous period14P€-55k€-143k▼
The notes to these accounts (18 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
31-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Back to profitnet €26k
Net result €26k after 2 loss-making years.
30-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
29-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 60 days late
2022
31-12
Financial
Weakest financial yearnet €-132k ▼632%
Net result drops to €-132k, the lowest in the series; recovery starts the following year.
18-10
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 79 days late
2021
31-12
Financial
Equity above €500kEq €501k ▲5.2%
2 profitable years in a row build equity to €501k.
09-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 101 days late
2020
31-12
Financial
Back to profitnet €286k
Net result €286k after one loss-making year.
31-12
Financial
Liquidity times 48current ratio 14.19
Current ratio from 0.30 to 14.19; short-term debt falls from €838k to €70k.
31-12
Financial
Equity above €200kEq €476k ▲150%
Equity rises from €191k to €476k.
30-10
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 91 days late
2019
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
28-09
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 59 days late
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema · 31 days late
2016
22-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema · 53 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Lokeren · 1 establishment unit since 2003
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.
Spletterendreef 19160 LokerenGround area
4,870 m²
Building footprint
561 m²
Volume, LiDAR
2,477 m³
Parcel 46007B0482/00B000, Flanders · tallest building 7.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
UMU
since 20032.125.987.008
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 46007B0482/00B000 | Flanders | 4,870 m² | 1 · 560 m² | 7.5 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
'T SOETE
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Emob
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RELIEVE GROUP
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Elsene · Eq €302k
DD Ventures
BE 1002.094.330
Keerbergen · Eq €302k
EURO SHOP VELDEGEM
BE 0841.384.730
Zedelgem · Eq €302k
Of 12,959 companies in sector 47120 we hold annual accounts for 2,190. 1,271 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-09-1998
Fiscal year end31-12
Activities, NACEBEL
47120Other non-specialised retail sale
47910Retail trade
47110Non-specialised retail sale with food, beverages or tobacco predominating
47113Retail trade
68203Renting and operating of own or leased non-residential real estate, excluding land
74109Other professional, scientific and technical activities
74140Other specialised design activities
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 25 filingsAddress and cadastre registers
Data from official sources, last processed on 22-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
1 entryPhone:037788890