Undreamed
ActiveSummary
Undreamed has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €70k and a net result of €26k. Equity is growing by ~36.3% per year across the filed fiscal years. Its solvency ranks better than 59% of 31791 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability99▼-1
Solvency90▼-10
Growth78=
Track record94
Bankruptcy probability, 12 months
0.3%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €5k at 30 days acceptable
Liquidity ample (current ratio 2.91 against 9.08 in 2024; short-term debt: 34.2% and cash: 29.9% of total assets), and 34.7% of the assets are financed with debt.
Credit check 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 · 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 · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
65.3%
Return on assets
24.4%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 · 5 filingsDeviation from the deadline
2025
31 d late
2024
153 d late
2023
31 d late
2022
27 d late
2021
1 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€70k▼ 39.1%
2024 · €115k
2021: €22klowest in 5 years
2022: €48k▲ +117% vs 2021
2023: €73k▲ +52.0% vs 2022
2024: €115k▲ +56.2% vs 2023highest in 5 years
2025: €70k▼ -39.1% vs 2024
2021 → 2025
Total assets
€107k▼ 17.3%
2024 · €129k
2021: €41klowest in 5 years
2022: €63k▲ +53.1% vs 2021
2023: €82k▲ +30.8% vs 2022
2024: €129k▲ +57.1% vs 2023highest in 5 years
2025: €107k▼ -17.3% vs 2024
2021 → 2025
Net result
€26k▼ 36.9%
2024 · €41k
2021: €20klowest in 5 years
2022: €26k▲ +31.6% vs 2021
2023: €25k▼ -3.6% vs 2022
2024: €41k▲ +64.4% vs 2023highest in 5 years
2025: €26k▼ -36.9% vs 2024
2021 → 2025
Working capital
€70k▼ 38.8%
2024 · €114k
2021: €19klowest in 5 years
2022: €47k▲ +141% vs 2021
2023: €73k▲ +56.6% vs 2022
2024: €114k▲ +55.8% vs 2023highest in 5 years
2025: €70k▼ -38.8% vs 2024
2021 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€22k-€48k▲ 117%€73k▲ 52.0%€115k▲ 56.2%€70k▼ 39.1%
2021: €22klowest in 5 years
2022: €48k▲ +117% vs 2021
2023: €73k▲ +52.0% vs 2022
2024: €115k▲ +56.2% vs 2023highest in 5 years
2025: €70k▼ -39.1% vs 2024
Operating result€25k-€33k▲ 32.0%€32k▼ 3.8%€52k▲ 63.6%€33k▼ 37.5%
2021: €25klowest in 5 years
2022: €33k▲ +32.0% vs 2021
2023: €32k▼ -3.8% vs 2022
2024: €52k▲ +63.6% vs 2023highest in 5 years
2025: €33k▼ -37.5% vs 2024
Net result€20k-€26k▲ 31.6%€25k▼ 3.6%€41k▲ 64.4%€26k▼ 36.9%
2021: €20klowest in 5 years
2022: €26k▲ +31.6% vs 2021
2023: €25k▼ -3.6% vs 2022
2024: €41k▲ +64.4% vs 2023highest in 5 years
2025: €26k▼ -36.9% vs 2024
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 37% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €107k
Fixed assets
€629 ▼ 51.2%
Current assets
€106k ▼ 17.0%
Equity and liabilities €107k
Equity
€70k ▼ 39.1%
Debt
€37k ▲ 154%
Debt's share of the balance-sheet total rises from 11.3% to 34.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€33k▼
2024 · €53k
Cash flow
€27k▼
2024 · €42k
Current ratio
2.91▼
2024 · 9.08
Debt to equity
0.53▲
2024 · 0.13
ROE
37.3%▲
2024 · 36.0%
ROA
24.4%▼
2024 · 31.9%
Interest coverage
2388.86▲
2024 · 267.63
Debt ≤ 1 year
€37k▲
2024 · €14k
Income taxes
€7k▼
2024 · €11k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€129k€107k▼
Fixed assets21/28€1k€629▼
Tangible fixed assets22/27€1k€629▼
Plant, machinery and equipment23€342€22▼
Furniture and vehicles24€947€607▼
Current assets29/58€128k€106k▼
Amounts receivable after more than one year29€9k-
Other amounts receivable291€9k-
Amounts receivable within one year40/41€17k€37k▲
Trade receivables40€13k€19k▲
Other amounts receivable41€3k€18k▲
Current investments50/53-€27k
Cash at bank and in hand54/58€101k€32k▼
Deferred charges and accrued income490/1€782€10k▲
Equity and liabilities
Total equity and liabilities10/49€129k€107k▼
Equity10/15€115k€70k▼
Contributions10/11€3k€3k=
Reserves13€112k€67k▼
Distributable reserves133€112k€67k▼
Amounts payable17/49€15k€37k▲
Amounts payable within one year42/48€14k€37k▲
Trade debts44€3k€5k▲
Suppliers440/4€3k€5k▲
Taxes, remuneration and social security45€12k€29k▲
Taxes450/3€12k€23k▲
Remuneration and social security454/9-€6k
Other amounts payable47/48-€3k
Accrued charges and deferred income492/3€500€500=
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€545€660▲
Other operating charges640/8€1k€407▼
Gross operating margin9900€54k€34k▼
Operating profit (loss)9901€52k€33k▼
Financial income75/76B-€89
Recurring financial income75-€89
Financial charges65/66B€198€14▼
Recurring financial charges65€198€14▼
Profit (loss) for the period before taxes9903€52k€33k▼
Income taxes67/77€11k€7k▼
Profit (loss) for the period9904€41k€26k▼
Profit (loss) for the period to be appropriated9905€41k€26k▼
Appropriation of the result
Profit (loss) to be appropriated9906€41k€97k▲
Profit (loss) brought forward from the previous period14P-€71k
Transfer to equity691/2€41k€26k▼
To other reserves6921€41k€26k▼
Profit to be distributed694/7-€71k
Return on contributions (dividend)694-€71k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | - | - | €1k | €545 | €660 | ▲ 21.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | €1k | €1k | - | - | - | - |
| Other operating charges640/8 | €537 | €525 | €705 | €1k | €407 | ▼ 59.4% |
| Gross operating margin9900 | €27k | €35k | €34k | €54k | €34k | ▼ 37.3% |
| Operating profit (loss)9901 | €25k | €33k | €32k | €52k | €33k | ▼ 37.5% |
| Financial income75/76B | - | - | €186 | - | €89 | - |
| Recurring financial income75 | - | - | €186 | - | €89 | - |
| Financial charges65/66B | €352 | €420 | €382 | €198 | €14 | ▼ 92.9% |
| Recurring financial charges65 | €352 | €420 | €382 | €198 | €14 | ▼ 92.9% |
| Profit (loss) for the period before taxes9903 | €25k | €33k | €32k | €52k | €33k | ▼ 37.1% |
| Income taxes67/77 | €5k | €7k | €7k | €11k | €7k | ▼ 37.8% |
| Profit (loss) for the period9904 | €20k | €26k | €25k | €41k | €26k | ▼ 36.9% |
| Profit (loss) for the period to be appropriated9905 | €20k | €26k | €25k | €41k | €26k | ▼ 36.9% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €41k | €63k | €82k | €129k | €107k | ▼ 17.3% |
| Fixed assets21/28 | €3k | €2k | €814 | €1k | €629 | ▼ 51.2% |
| Tangible fixed assets22/27 | €3k | €2k | €814 | €1k | €629 | ▼ 51.2% |
| Plant, machinery and equipment23 | €1k | €982 | €662 | €342 | €22 | ▼ 93.6% |
| Furniture and vehicles24 | €2k | €1k | €152 | €947 | €607 | ▼ 35.9% |
| Current assets29/58 | €38k | €61k | €81k | €128k | €106k | ▼ 17.0% |
| Amounts receivable after more than one year29 | - | - | €11k | €9k | - | - |
| Other amounts receivable291 | - | - | €11k | €9k | - | - |
| Amounts receivable within one year40/41 | €7k | €11k | €12k | €17k | €37k | ▲ 121% |
| Trade receivables40 | €7k | €11k | €11k | €13k | €19k | ▲ 44.6% |
| Other amounts receivable41 | - | €125 | €853 | €3k | €18k | ▲ 422% |
| Current investments50/53 | - | - | - | - | €27k | - |
| Cash at bank and in hand54/58 | €30k | €49k | €58k | €101k | €32k | ▼ 68.5% |
| Deferred charges and accrued income490/1 | €782 | €782 | €782 | €782 | €10k | ▲ 1,178% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €41k | €63k | €82k | €129k | €107k | ▼ 17.3% |
| Equity10/15 | €22k | €48k | €73k | €115k | €70k | ▼ 39.1% |
| Contributions10/11 | €3k | €3k | €3k | €3k | €3k | = |
| Reserves13 | €20k | €46k | €71k | €112k | €67k | ▼ 40.0% |
| Distributable reserves133 | €20k | €46k | €71k | €112k | €67k | ▼ 40.0% |
| Amounts payable17/49 | €19k | €15k | €9k | €15k | €37k | ▲ 154% |
| Amounts payable within one year42/48 | €18k | €14k | €8k | €14k | €37k | ▲ 159% |
| Trade debts44 | €879 | €2k | €2k | €3k | €5k | ▲ 80.8% |
| Suppliers440/4 | €879 | €2k | €2k | €3k | €5k | ▲ 80.8% |
| Taxes, remuneration and social security45 | €5k | €7k | €7k | €12k | €29k | ▲ 148% |
| Taxes450/3 | €5k | €7k | €7k | €12k | €23k | ▲ 97.3% |
| Remuneration and social security454/9 | - | - | - | - | €6k | - |
| Other amounts payable47/48 | €12k | €6k | - | - | €3k | - |
| Accrued charges and deferred income492/3 | €500 | €500 | €500 | €500 | €500 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20k | €26k | €25k | €41k | €26k | ▼ 36.9% |
| + Depreciation and write-downs630 | - | - | €1k | €545 | €660 | ▲ 21.1% |
| Operating cash flow (approximation) | €20k | €26k | €26k | €42k | €27k | ▼ 36.2% |
| Investment in fixed assets (approximation) | - | €1k | €0 | €-1k | €0 | ▲ 100% |
| Change in cash | - | €19k | €9k | €43k | €-69k | ▼ 260% |
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
Next filing, fiscal year 2026, expected by
2026
31-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 31 days late
2025
31-12
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 153 days late
2024
31-12
Financial
Highest result since 2021net €41k ▲64.4%
Operating result €52k, net result €41k, both a record.
31-12
Financial
Equity above €100kEq €115k ▲56.2%
4 profitable years in a row build equity to €115k.
31-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 31 days late
2023
31-12
Financial
Liquidity doublescurrent ratio 9.75
Current ratio from 4.32 to 9.75; short-term debt falls from €14k to €8k.
27-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 27 days late
2022
31-12
Financial
Liquidity doublescurrent ratio 4.32
Current ratio from 2.06 to 4.32; short-term debt falls from €18k to €14k.
30-07
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 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
3 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, Herent · 1 establishment unit since 2021
Ground area
513 m²
Building footprint
115 m²
Volume, LiDAR
692 m³
Parcel 24423G0166/00C002, Flanders · tallest building 9.5 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Undreamed
since 20212.311.668.465
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24423G0166/00C002 | Flanders | 513 m² | 1 · 115 m² | 9.5 m · 2 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 82,553 companies in sector 70200 we hold annual accounts for 52,585. 39,635 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
Founded07-01-2021
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
62200Computer consultancy and computer facilities management
63920Other information service activities
72200Scientific research and development
73300Public relations and communication consultancy
85599Other education
Contact
Website
www.undreamed.be
E-mail
info@undreamed.be
Scores and ratios are computed by Checked and are not a credit decision.