Uncorked (0806.187.289): financials and annual accounts

Uncorked

Bruges ·KBO/BCE: BE 0806.187.289

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Balance sheet: assets
Total assets`20/58`	1.2m	1.3m	1.4m	1.3m	1.4m	1.4m	1.6m	1.4m	1.2m	1.1m	433,314	394,339	461,631	500,515	377,039	258,674	164,033
Fixed assets`21/28`	622,287	657,253	694,027	779,224	831,468	890,054	955,955	597,451	635,145	547,888	3,494	2,233	3,445	2,970	370	1,940	3,510
Intangible fixed assets`21`	-	-	-	-	-	7,800	15,600	23,400	31,200	-	-	-	-	-	-	-	-
Tangible fixed assets`22/27`	621,917	656,883	693,657	778,854	831,098	881,884	939,985	573,681	603,575	547,518	3,124	1,863	3,075	2,600	-	1,570	3,140
Land and buildings`22`	617,300	652,690	688,079	746,868	788,107	829,347	877,181	516,668	540,367	514,031	-	-	-	-	-	-	-
Plant, machinery and equipment`23`	0	425	1,194	14,051	18,798	22,786	27,057	21,694	25,367	17,734	721	563	1,125	-	-	-	-
Furniture and vehicles`24`	4,617	3,768	4,384	17,935	24,192	29,752	35,747	35,320	37,840	15,754	2,403	1,300	1,950	2,600	-	1,570	3,140
Financial fixed assets`28`	370	370	370	370	370	370	370	370	370	370	370	370	370	370	370	370	370
Current assets`29/58`	596,286	632,434	728,582	540,207	564,300	539,574	661,156	793,621	599,113	512,276	429,820	392,107	458,186	497,545	376,669	256,734	160,523
Stocks and contracts in progress`3`	359,525	415,883	422,927	360,269	308,304	268,051	371,962	355,538	237,837	255,659	189,451	205,427	229,061	219,645	135,010	119,526	74,037
Stocks`30/36`	359,525	415,883	422,927	360,269	308,304	268,051	371,962	355,538	237,837	255,659	189,451	205,427	229,061	219,645	135,010	119,526	74,037
Amounts receivable within one year`40/41`	206,868	205,535	268,158	137,456	163,111	238,030	269,381	408,331	343,788	250,103	224,625	161,559	210,391	255,111	206,129	133,741	52,586
Trade receivables`40`	55,219	101,185	237,853	134,176	159,633	144,817	184,418	406,525	343,433	244,132	163,526	158,929	210,178	251,989	204,036	121,814	52,578
Other amounts receivable`41`	151,650	104,349	30,305	3,280	3,478	93,213	84,964	1,806	355	5,971	61,099	2,630	213	3,122	2,092	11,927	8
Cash at bank and in hand`54/58`	25,037	4,772	27,270	35,393	87,001	20,834	11,239	6,010	17,489	6,514	14,099	20,126	18,734	22,790	32,294	3,466	33,612
Deferred charges and accrued income`490/1`	4,856	6,244	10,228	7,089	5,884	12,659	8,573	23,741	-	-	1,645	4,994	-	-	3,237	-	288
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	1.2m	1.3m	1.4m	1.3m	1.4m	1.4m	1.6m	1.4m	1.2m	1.1m	433,314	394,339	461,631	500,515	377,039	258,674	164,033
Equity`10/15`	458,812	408,583	373,155	438,453	391,635	290,846	298,567	303,148	126,679	75,767	79,852	70,535	54,461	53,387	42,478	41,672	38,835
Contributions`10/11`	17,254	17,254	17,254	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
Issued capital`100`	-	-	-	-	-	-	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
Reserves`13`	441,537	391,237	355,237	419,220	372,220	272,220	284,320	284,320	107,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860
Non-distributable reserves`130/1`	-	-	0	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	-	-	-	-	-	-	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860
Reserves not available under the articles`1311`	-	-	0	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-
Distributable reserves`133`	441,537	391,237	355,237	417,360	370,360	270,360	282,460	282,460	106,000	-	-	-	-	-	-	-	-
Profit (loss) carried forward`14`	21	92	664	633	815	26	-4,353	228	219	55,307	59,392	50,075	34,001	32,927	22,018	21,212	18,375
Amounts payable`17/49`	759,761	881,104	1.0m	880,978	1.0m	1.1m	1.3m	1.1m	1.1m	984,398	353,462	323,805	407,170	447,129	334,561	217,001	125,198
Amounts payable after more than one year`17`	444,693	516,733	488,606	583,192	676,079	750,185	785,123	455,927	512,287	577,081	17,740	13,433	23,717	79,323	56,492	75,776	75,776
Financial debts`170/4`	444,693	516,733	488,606	583,192	676,079	750,185	785,123	455,927	512,287	577,081	17,740	13,433	23,717	79,323	56,492	75,776	75,776
Amounts payable within one year`42/48`	315,069	364,371	560,848	297,787	326,468	385,427	533,422	631,998	594,816	407,317	335,722	310,371	383,452	367,806	268,635	131,792	39,581
Current portion of amounts payable after more than one year`42`	72,040	71,873	72,420	92,897	90,989	82,324	81,356	56,361	59,012	26,081	10,694	10,284	24,742	-	-	-	18,325
Financial debts`43`	1,115	233	136	3,224	2,198	3,415	56,919	75,000	75,000	-	1,737	551	-	-	62	62	-
Credit institutions`430/8`	1,115	215	1	3,224	2,198	3,415	56,919	75,000	75,000	-	1,737	551	-	-	62	62	-
Other loans`439`	0	18	135	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Trade debts`44`	114,327	118,897	79,036	120,643	120,047	194,954	223,920	336,491	353,669	298,119	235,324	175,000	196,081	247,987	166,435	44,426	12,182
Suppliers`440/4`	114,327	118,897	79,036	120,643	120,047	194,954	223,920	336,491	353,669	298,119	235,324	175,000	196,081	247,987	166,435	44,426	12,182
Advances received on contracts in progress`46`	200	200	0	3,218	-	6,494	4,495	19,988	23,838	1,293	4,593	5,983	11,132	5,758	2,431	-	-
Taxes, remuneration and social security`45`	52,064	73,025	60,237	31,229	65,621	28,443	94,442	88,985	42,040	46,443	47,254	52,454	67,357	61,290	35,587	32,403	6,125
Taxes`450/3`	52,064	73,025	60,237	23,719	51,855	22,664	77,918	77,431	35,632	44,608	43,039	33,938	48,841	39,743	14,040	23,332	6,125
Remuneration and social security`454/9`	-	-	0	7,510	13,766	5,778	16,525	11,554	6,408	1,835	4,216	18,516	18,516	21,547	21,547	9,071	-
Other amounts payable`47/48`	75,322	100,143	349,021	46,577	47,614	69,797	72,289	55,173	41,257	35,381	36,121	66,099	84,140	52,771	64,121	54,901	2,950
Accrued charges and deferred income`492/3`	-	-	-	-	1,585	3,170	-	-	475	-	-	-	-	-	9,433	9,433	9,840
Income statement
Turnover`70`	-	-	-	-	-	-	-	-	-	744,578	-	-	-	-	-	-	-
Non-recurring operating income`76A`	-	-	-	-	-	-	1,000	-	-	-	-	-	-	-	-	-	-
Gross operating margin`9900`	144,770	116,846	134,290	266,669	257,830	170,194	296,155	478,887	231,722	52,772	66,981	26,322	7,128	20,876	6,474	11,162	32,955
Goods, raw materials, services and sundry goods`60/61`	-	-	-	-	-	-	-	-	-	700,122	-	-	-	-	-	-	-
Remuneration, social security and pensions`62`	-	-	0	108,672	59,688	61,847	161,086	121,012	72,770	1,124	-	-	-	-	-	-	-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	37,426	37,617	38,216	52,942	61,309	70,817	89,883	51,421	50,737	34,910	2,380	1,213	1,213	650	1,570	1,570	1,570
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-	-	-	-	4,544	-	-	-	-	-	-	-	-	-	-	-
Other operating charges`640/8`	12,808	9,023	8,741	11,409	9,171	14,759	19,140	11,814	5,318	3,591	46,198	1,473	1,008	1,340	467	673	209
Operating profit (loss)`9901`	94,536	70,206	87,333	93,647	127,663	18,228	26,046	294,641	102,897	13,147	18,403	23,637	4,908	18,886	4,437	8,920	31,176
Financial income`75/76B`	1,240	1,556	318	427	18	8,012	-	37	2,493	1,390	286	49	15	13	88	57	561
Recurring financial income`75`	1,240	1,556	318	427	18	8,012	-	37	2,493	1,390	286	49	15	13	88	57	561
Financial charges`65/66B`	22,896	17,176	18,079	28,337	22,047	24,463	27,087	22,649	25,735	18,622	6,418	1,931	3,671	4,311	3,714	4,621	3,218
Recurring financial charges`65`	22,896	17,176	18,079	28,337	22,047	24,463	27,087	22,649	25,735	18,622	6,418	1,931	3,671	4,311	3,714	4,621	3,218
Profit (loss) for the period before taxes`9903`	72,879	54,586	69,573	65,737	105,634	1,776	-1,041	272,028	79,655	-4,085	12,271	21,755	1,252	14,588	811	4,356	28,520
Income taxes`67/77`	22,650	19,158	23,495	18,919	4,845	9,497	3,540	95,560	28,743	-	2,954	5,681	177	3,680	5	1,519	8,289
Profit (loss) for the period`9904`	50,229	35,428	46,077	46,818	100,789	-7,721	-4,581	176,469	50,912	-4,085	9,317	16,073	1,075	10,909	806	2,837	20,231
Profit (loss) for the period to be appropriated`9905`	50,229	35,428	46,077	46,818	100,789	-7,721	-4,581	176,469	50,912	-4,085	9,317	16,073	1,075	10,909	806	2,837	20,231
Appropriation of the result
Profit (loss) to be appropriated`9906`	50,321	36,092	46,664	47,633	100,815	-12,074	-4,353	176,688	106,219	55,307	59,392	50,075	34,001	32,927	22,018	21,212	25,915
Profit (loss) brought forward from the previous period`14P`	92	664	587	815	26	-	-	-	-	-	-	-	-	-	-	-	-
Transfer from equity`791/2`	-	0	50,000	-	-	12,100	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	50,300	36,000	16,000	47,000	100,000	-	-	176,460	106,000	-	-	-	-	-	-	-	7,540
Addition to contributions`691`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6,080
To the legal reserve`6920`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,460
To other reserves`6921`	50,300	36,000	16,000	47,000	100,000	-	-	176,460	106,000	-	-	-	-	-	-	-	-
Profit to be distributed`694/7`	-	0	80,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Return on contributions (dividend)`694`	-	0	80,000	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	-	-	-	2	3.4	5.5	7	6.7	4.2	-	-	-	-	-	-	-	-
Hours worked`1013`	-	-	-	4,445	2,420	2,934	6,108	5,108	3,569	-	-	-	-	-	-	-	-
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

Financial year	Type	Filed	Reference	Document
31-12-2025	abbreviated format	03-04-2026	2026-00072512	PDF
31-12-2024	abbreviated format	18-07-2025	2025-00300463	PDF
31-12-2023	abbreviated format	18-07-2024	2024-00264349	PDF
31-12-2022	abbreviated format	19-06-2023	2023-00148595	PDF
31-12-2021	abbreviated format	08-06-2022	2022-20050882	PDF
31-12-2020	abbreviated format	26-07-2021	2021-41800263	PDF
31-12-2019	abbreviated format	16-10-2020	2020-61700347	PDF
31-12-2018	abbreviated format	30-08-2019	2019-55400573	PDF
31-12-2017	abbreviated format	30-08-2018	2018-52900279	PDF
31-12-2016	abbreviated format	14-09-2017	2017-61300240	PDF
31-12-2015	abbreviated format	17-11-2016	2016-68100002	PDF
31-12-2014	abbreviated format	31-08-2015	2015-58000088	PDF
31-12-2013	abbreviated format	29-09-2014	2014-63300565	PDF
31-12-2012	abbreviated format	31-08-2013	2013-57600166	PDF
31-12-2011	abbreviated format	27-09-2012	2012-59900320	PDF
31-12-2010	abbreviated format	23-07-2011	2011-34700454	PDF
31-12-2009	abbreviated format	01-09-2010	2010-53300002	PDF

Line	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
EBITDA	131,962	107,823	125,549	146,588	188,971	89,044	115,929	346,061	153,633	48,058	20,783	24,849	6,120	19,536	6,007	10,490	32,746
Cash flow	87,655	73,045	84,293	99,759	162,098	63,095	85,302	227,889	101,649	30,825	11,697	17,286	2,287	11,559	2,376	4,407	21,801
Investment in fixed assets (approximation)	16,711	843	8,034	14,464	2,722	19,052	453,755	13,727	137,993	579,305	3,641	0	1,688	3,250	0	0	4,710
Change in cash	20,265	-22,498	-8,123	-51,608	66,167	9,594	5,230	-11,479	10,974	-7,584	-6,027	1,392	-4,056	-9,504	28,827	-30,146	-
Working capital	281,217	268,063	167,734	242,420	237,832	154,147	127,735	161,623	4,297	104,959	94,097	81,735	74,734	129,739	108,034	124,942	120,942
EBIT margin	-	-	-	-	-	-	-	-	-	1.8%	-	-	-	-	-	-	-
Solvency	37.7%	31.7%	26.2%	33.2%	28.1%	20.3%	18.5%	21.8%	10.3%	7.1%	18.4%	17.9%	11.8%	10.7%	11.3%	16.1%	23.7%
Current ratio	1.89	1.74	1.30	1.81	1.73	1.40	1.24	1.26	1.01	1.26	1.28	1.26	1.19	1.35	1.40	1.95	4.06
Quick ratio	0.75	0.59	0.54	0.60	0.78	0.70	0.54	0.69	0.61	0.63	0.72	0.60	0.60	0.76	0.90	1.04	2.19
Debt to equity	1.66	2.16	2.81	2.01	2.56	3.92	4.42	3.59	8.74	12.99	4.43	4.59	7.48	8.38	7.88	5.21	3.22
ROE	10.9%	8.7%	12.3%	10.7%	25.7%	-2.7%	-1.5%	58.2%	40.2%	-5.4%	11.7%	22.8%	2.0%	20.4%	1.9%	6.8%	52.1%
ROA	4.1%	2.7%	3.2%	3.5%	7.2%	-0.5%	-0.3%	12.7%	4.1%	-0.4%	2.2%	4.1%	0.2%	2.2%	0.2%	1.1%	12.3%
Interest coverage	5.76	6.28	6.94	5.17	8.57	-	-	-	-	-	-	-	-	-	-	-	-
Customer credit	-	-	-	-	-	-	-	-	-	120 days	-	-	-	-	-	-	-
Supplier credit	-	-	-	-	-	-	-	-	-	155 days	-	-	-	-	-	-	-

Item	31-12-2022	31-12-2021
Employees at the balance-sheet date	2	2
full-time	2	2
in full-time equivalents	2	2
Average over the year, in full-time equivalents	2	3.4
On a permanent contract	2	2
Joined	-	6
Left	-	6

Item	2025	2024	2023	2022	2021
Debts secured on the company's own assets	€427,929	€485,983	€542,849	€598,620	€653,286
Mortgages, amount registered	€790,000	€790,000	-	€790,000	€790,000
Carrying value of the mortgaged assets	€617,300	€652,690	-	€746,868	€788,107

Uncorked

Annual accounts 2025

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency37.7%

Current ratio1.89

Return on assets4.1%

Staff

Staff cost per FTE

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Securities and guarantees

Investments

Insights on Uncorked

Next steps

Item	2025	2024	2023	2022	2021
Tangible fixed assets	€16,711	€843	€8,034	€14,464	€2,722
Financial fixed assets	€0	-	-	-	-
Depreciation and write-downs of the year	€37,426	€37,617	€38,216	€52,942	€61,309