Checked.be
Active
BE 0420.583.387Private limited company
unifrais
Quai Léopold Herten(ENG) 14 ·4480 Engis, Belgium· 46 yrs active
Sector: Non-specialised retail sale with food, beverages or tobacco predominating
(47110)
Conclusion
unifrais has been active since 1980 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €238k and a net result of €693. Equity is growing by ~67.5% per year across the filed fiscal years. Its solvency ranks better than 33% of 6591 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.5% (low).
Based on the State Gazette, CBE and 4 annual accounts.
Key figures
| Equity | €238k |
| Net result | €693 |
| Staff (FTE) | 15.2 |
| Better than sector | 33% |
Financial profile
51
/ 100
Mixed profile: strong on stability, weaker on profitability.
All 5 axes are computed from data Checked has read.
Health
51
Profitability
1
Solvency
26
Growth
78
Stability
100
Bankruptcy probability (12 mo)
Risk Assessment
0 / 100
Low riskTrust signals
Long-established
Founded in 1980, 46 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
Checked score
51
/ 100
Fair
Computed from 5 of the 6 factors this model weighs. The rest cannot be derived from the filed figures, or need a prior year to compare against.
Indicative credit limit
€12k
estimate, not credit advice
Score history
8
2021
51
2022
66
2023
51
2024
purely financial, excl. current insolvency signals
Score components
Liquidity
Current ratio 1.10 (≥ 1.0)
+5
Quick ratio
Quick ratio 0.56 (< 0.6)
-5
Leverage
Debt/equity 4.18 (> 3.0)
-10
Profitability
ROE 0%
+3
Interest coverage
Interest coverage 14.5× (≥ 3×)
+8
Profit trend
Net profit down YoY
-3
Equity growth
Equity growing YoY
+3
Computed by Checked from the NBB filing for FY 2024. Indicative, not credit advice.
Financial overview
Annual accounts filed on 21-06-2025 with the NBB · fiscal year 2024 · full schema
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~67.5%/year over 4 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 47, Retail trade · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 19.3% | 32.5% | |
| Net result | €693 | €32k | |
| Equity | €238k | €299k | |
| Gross operating margin | €678k | €265k | |
| Staff costs | €570k | €239k |
€86k
-65.1%
21-24
€693
-99.5%
21-24
€82k
-64.7%
21-24
€1.23M
-0.3%
21-24
€238k
+0.3%
21-24
€84k
-6.2%
21-24
15
-3.2%
21-24
€570k
-0.9%
21-24
€301
-96.4%
21-24
€993k
-0.4%
21-24
€866k
+5.1%
21-24
€128k
-26.6%
21-24
1.10
-1.1%
21-24
0.56
-4.7%
21-24
19.3%
+0.6%
21-24
4.18
-0.7%
21-24
0.3%
-99.5%
21-24
0.1%
-99.5%
21-24
14.53
-64.4%
21-24
Figures by fiscal year and ratios
| Fiscal year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Deposit | full schema | full schema | full schema | full schema |
| Revenue | - | - | - | - |
| EBITDA | €86k | €246k | €210k | €89k |
| Net profit | €693 | €152k | €125k | €661 |
| Cash flow | €82k | €232k | €204k | €82k |
| Staff costs | €570k | €575k | €622k | €637k |
| Income taxes | €301 | €8k | - | - |
| Dividends | - | - | - | - |
| Total assets | €1.23M | €1.23M | €1.15M | €1.11M |
| Equity | €238k | €237k | €85k | €-40k |
| Debt | €993k | €997k | €1.06M | €1.15M |
| of which ≤ 1y | €866k | €823k | €843k | €883k |
| of which > 1y | €128k | €174k | €220k | €265k |
| Working capital | €84k | €89k | €-76k | €-223k |
| Employees (FTE) | 15.2 | 15.7 | 17.4 | 19.1 |
Ratios (computed)
| 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
| Current ratio | 1.10 | 1.11 | 0.91 | 0.75 |
| Quick ratio | 0.56 | 0.59 | 0.38 | 0.23 |
| Working capital ratio | 6.8% | 7.2% | -6.6% | -20.2% |
| Solvency | 19.3% | 19.2% | 7.4% | -3.6% |
| Debt / equity | 4.18 | 4.21 | 12.49 | -28.73 |
| Long-term debt ratio | 0.54 | 0.73 | 2.58 | -6.62 |
| Interest coverage | 14.53 | 40.79 | 33.26 | 11.41 |
| Gross margin | - | - | - | - |
| Net margin | - | - | - | - |
| ROA | 0.1% | 12.3% | 10.9% | 0.1% |
| ROE | 0.3% | 64.1% | 147.0% | -1.7% |
| EBITDA margin | - | - | - | - |
| Days sales outstanding | - | - | - | - |
| Days payable outstanding | - | - | - | - |
| Inventory turnover | - | - | - | - |
| Days inventory (DSI) | - | - | - | - |
Balance-sheet composition 2024
Full annual accounts (27 line items)
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Balance sheet, Assets | |||||
| TOTAL ASSETS | 20/58 | €1.23M | €1.23M | €1.15M | €1.11M |
| Fixed assets | 21/28 | €282k | €322k | €381k | €448k |
| Intangible fixed assets | 21 | €0 | €0 | - | - |
| Tangible fixed assets | 22/27 | €277k | €317k | €376k | €443k |
| Financial fixed assets | 28 | €5k | €5k | €5k | €5k |
| Current assets | 29/58 | €949k | €913k | €767k | €660k |
| Stocks & contracts in progress | 3 | €464k | €428k | €448k | €455k |
| Amounts receivable within one year | 40/41 | €140k | €101k | €148k | €102k |
| Investments | 50/53 | €131k | €160k | €25k | €489 |
| Cash & bank | 54/58 | €201k | €212k | €136k | €95k |
| Balance sheet, Equity & liabilities | |||||
| TOTAL EQUITY & LIABILITIES | 10/49 | €1.23M | €1.23M | €1.15M | €1.11M |
| Equity | 10/15 | €238k | €237k | €85k | €-40k |
| Contributions / capital | 10/11 | €65k | €65k | €65k | €65k |
| Reserves | 13 | €80k | €80k | €80k | €80k |
| Accumulated profits (losses) | 14 | €93k | €92k | €-60k | €-185k |
| Amounts payable | 17/49 | €993k | €997k | €1.06M | €1.15M |
| Amounts payable after one year | 17 | €128k | €174k | €220k | €265k |
| Amounts payable within one year | 42/48 | €866k | €823k | €843k | €883k |
| Trade debts payable within one year | 44 | €678k | €625k | €648k | €680k |
| Income statement | |||||
| Gross operating margin | 9900 | €678k | €842k | €851k | €744k |
| Operating result | 9901 | €5k | €166k | €131k | €8k |
| Financial income | 75 | €2k | €320 | €477 | €603 |
| Financial charges | 65 | €6k | €6k | €6k | €8k |
| Result before taxes | 9903 | €994 | €160k | €125k | €661 |
| Income taxes | 67/77 | €301 | €8k | - | - |
| Net result for the period | 9904 | €693 | €152k | €125k | €661 |
| Result to be appropriated | 9905 | €693 | €152k | €125k | €661 |
Legal Structure
| NACE primary | Non-specialised retail sale with food, beverages or tobacco predominating(47110) |
| Legal form | Private limited company(610) |
| Incorporation | 25-07-1980 |
| Status | Active |
| Postal code | 4480 |
Establishment units
Quai Léopold Herten(ENG) 14, 4480 Engis
since 19932.018.390.153
Real-estate footprint
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62031A0533/00E000indicative | Wallonia | 542 m² | 1 · 37 m² | 18.6 m · 5 fl. |
Methodology
via registered seat: 1
0 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Updates
2025
21-06
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
28-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Highest result since 2021net €152k ▲21.6%
Operating result €166k, net result €152k, both a record.
31-12
Financial
Equity above €200kEq €237k ▲179%
3 profitable years in a row build equity to €237k.
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
28-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
20-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 20 days late
2019
22-07
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
06-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
26-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
30-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Belgian State Gazette reading coverage
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Credit advice
Company registry (CBE)
Activities
Non-specialised retail sale with food, beverages or tobacco predominating47110Supermarkets471145211452220Retail sale of meat and meat products, excluding game and poultry47221
Names & trade names
| Legal nameFR | unifrais |
Similar companies
Feel Food and More
BE 0805.100.790 · Grimbergen
LAMBERTDIS
BE 0878.265.417 · Manhay
SOUK-OKADE
BE 0863.547.349 · Anderlecht
Rocheford
BE 0684.659.751 · Roeselare
LEFIBA
BE 0880.812.458 · Halen