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UNDICE

Active
Private limited companyfounded 1978active for 48 yearsLuikersteenweg 314, 3700 Tongeren-Borgloon, BelgiumKBO/BCE: BE 0418.563.413
Summary

UNDICE has been active since 1978 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €268,804 and a net result of €4,180. Equity is growing by about 5.6% per year across the filed financial years. Its solvency ranks better than 62% of 13,642 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Risk analysisFollow ReportCompare
UNDICEActiveChecked score 85/100
Risk analysis ReportCompare

Overview

Activity
Agents in non-specialised wholesale trade
NACE 46190Retail sale of household furniture NACE 47551
10th oldest company in Tongeren-Borgloon, Wholesale and retail trade sector1 site
Size
€483,889total assets 2025
Staff
4 FTE
Equity
€268,804
Profit
€4,180
Turnover not published (abbreviated or micro format)
Financial health
85 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.3%
Structure
Parent
WRD MANAGEMENT · 100%
2025 accounts filed 21 days late1 of 3 deeds summarised
Why 85raises riskLast filed accounts filed 21 days late; 2 of the last 3 lateProfit of €4,180 (financial year 2025)lowers riskFounded in 1978Equity €268,804 (55.6% of total assets)Show the evidence

Checked score

Score 2025
85 / 100
Excellent
Probability in this band: under 0.55%
Financially better than 44% of its sector peers (NACE 46, micro)
Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 81-17
equity 55.6% of total assets
Liquidity 39-12
short-term debt 44.3% · cash 8.6%
Profitability 39-50
return on assets 0.9%
Bankruptcy probability, 12 months
0.3% Very low
0%0.5%1.5%4%10%≥ 25%

About 3 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.4% (26,881 companies, NACE 46, micro)
Last 24 months 11-2024: 1.3% 12-2024: 0.8%▼ -0.5 percentage points vs 11-2024 01-2025: 0.8%● unchanged vs 12-2024 02-2025: 0.8%● unchanged vs 01-2025 03-2025: 0.8%● unchanged vs 02-2025 04-2025: 0.8%● unchanged vs 03-2025 05-2025: 0.8%● unchanged vs 04-2025 06-2025: 0.8%● unchanged vs 05-2025 07-2025: 0.8%● unchanged vs 06-2025 08-2025: 1.2%▲ +0.4 percentage points vs 07-2025 09-2025: 1.2%● unchanged vs 08-2025 10-2025: 1.6%▲ +0.4 percentage points vs 09-2025highest value 11-2025: 0.4%▼ -1.2 percentage points vs 10-2025 12-2025: 0.4%● unchanged vs 11-2025 01-2026: 0.3%▼ -0.1 percentage points vs 12-2025 02-2026: 0.3%● unchanged vs 01-2026 03-2026: 0.3%● unchanged vs 02-2026 04-2026: 0.4%▲ +0.1 percentage points vs 03-2026 05-2026: 0.4%● unchanged vs 04-2026 06-2026: 0.4%● unchanged vs 05-2026 07-2026: 0.3%▼ -0.1 percentage points vs 06-2026 08-2026: 0.6%▲ +0.3 percentage points vs 07-2026 09-2026: 0.3%▼ -0.3 percentage points vs 08-2026lowest value 10-2026: 0.3%● unchanged vs 09-2026lowest value
Credit of up to €22,000 on 30-day terms is acceptable
Liquidity ample (current ratio 2.16, compared with 3.62 in 2024, above the usual 1.5; short-term debt: 44.3% and cash: 8.6% of total assets), and 44.4% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 46, micro): better than 62% on solvency, 37% on liquidity, 31% on profitability and 46% on growth.

The bankruptcy probability was computed on 27-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
raises risk · Last filed accounts filed 21 days late; 2 of the last 3 late
NBB · filings
lowers risk · Founded in 1978
Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.
KBO
raises risk · Profit of €4,180 (financial year 2025)
NBB · annual accounts
lowers risk · Equity €268,804 (55.6% of total assets)
NBB · annual accounts
raises risk · 2025 accounts filed 21 days late
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 21-08-2026, 21 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
21 days late
2024
88 days late
2023
92 days late
2022
31 days late
2021
5 days early
2020
18 days late
2019
10 days 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 36 days after the deadline; the sector median (NACE 46) for financial year 2024 is 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 31 August (4 of the last 5 filed years within 57 days of that day).
Companies Code · seven months
Where today falls in the filing period
28-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Back to profitnet €58,969

Key points

  • Caution: Result fell in 2025from €58,969 to €4,180 ▼ 92.9% View
  • Positive: 10th oldest company in Tongeren-Borgloon, Wholesale and retail trade sectorin the Checked rankings No. 10 View
  • Controlled by WRD MANAGEMENT 100% View
  • Active since 1978founded 30-05-1978 48 years View

By topic

Financials

Financial year
2025
Total assets
€483,889
Profit
€4,180
Solvency
55.6%
Total assets▲ 32.8%
Net result
20182025
Go to Financials

Timeline

Events
53
Since
1979
Next accounts
by 31-07-2027
  1. 31-10-2024Annual accounts filed
  2. 31-12-2023Weakest financial year
  3. 28-12-2023Resignation: WRD MANAGEMENT (manager)
Go to Timeline

Company details

Sites
1
Legal form
Private limited company
Activity
Agents in non-specialised wholesale tradeNACE 46190
Founded
30-05-1978
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
8
Annual meeting
First Saturday of June at 17:00
Purpose
“De aan- en verkoop,de in-,uit- en doorvoer,de vervaardiging en de bewerking van alle…” (deed in Dutch)
Go to Articles of association

Key facts about UNDICE

What is the company number of UNDICE?
0418.563.413. In Belgium the VAT number is the company number with BE in front: BE 0418.563.413.
Where is UNDICE based?
The registered office is at Luikersteenweg 314, 3700 Tongeren-Borgloon.Company details
What does UNDICE do?
According to the KBO register, the main activity is agents in non-specialised wholesale trade (NACE 46190).
What is the legal form of UNDICE?
Private limited company (BV).
When was UNDICE founded?
On 30-05-1978.
Is UNDICE still active?
Yes, UNDICE is an active enterprise in the KBO register.
How many employees does UNDICE have?
On average 4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of UNDICE?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.
Is UNDICE profitable?
In financial year 2025, UNDICE made a profit of €4,180.
Where can I find the annual accounts of UNDICE?
UNDICE filed 48 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of UNDICE due?
By 31-07-2027, for financial year 2026.Timeline

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