UNIGROW
ActiveSummary
UNIGROW has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of €11,602. Equity is growing by about 3% per year across the filed financial years. Its solvency ranks better than 43% of 10,757 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
- Staff
- 3.5 FTE
- Equity
- €1.5m
- Profit
- €11,602
- Largest shareholder
- VEGRAS · 40%
- Board
- 8 members
- Axel MoësChair
Why 91raises riskLiquidity: current ratio 1.73, cash €115,325lowers riskFigures for financial year 2025 (filed 24-06-2026)Size: 3.5 FTE, total assets €3.4mFounded in 2005Show the evidence
Checked score
Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 70, micro): better than 41% on solvency, 11% on liquidity, 16% on profitability and 43% on growth.
The bankruptcy probability was computed on 26-10-2026 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
This company filed its last 7 accounts on average 18 days before the deadline; the sector median (NACE 70) for financial year 2024 is 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Annual accounts filedfinancial year 2024 · abbreviated…
- Reappointments: Philip De Brabandere, John Kusters…Appointments: Edward Vercruysse, Roy Van…
Financials · financial year 2025, abbreviated format
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 93% below 2024 and is the lowest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Average staff in full-time equivalents (FTE).
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 70, Activities of head offices; management consultancy activities: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Peer companies
Historical observationOf the 17,042 companies that looked in July 2024 the way this one looks now, 0.5% went bankrupt within 24 months and 94.3% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a profit under 5% of the balance sheet
A further 0.2% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,475 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 17,042 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €0.04m | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €0.2m | €0.2m | €0.3m | €0.3m | €0.4m | ▲ 22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.7m | €0.6m | €0.2m | €0.05m | €0.03m | €0.03m | €0.03m | €0.03m | ▲ 8.5% |
| Other operating charges640/8 | - | - | - | €0.003m | €0.003m | €0.004m | €0.004m | €0.001m | ▼ 69.0% |
| Gross operating margin9900 | €1.2m | €0.8m | €0.8m | €0.3m | €0.3m | €0.3m | €0.4m | €0.4m | ▼ 8.2% |
| Operating profit (loss)9901 | €0.2m | €0.07m | €0.4m | €0.04m | €0.04m | €0.04m | €0.1m | €0.007m | ▼ 93.2% |
| Financial income75/76B | - | - | - | - | - | €0.007m | €0.06m | €0.04m | ▼ 23.8% |
| Recurring financial income75 | €6 | - | - | - | - | €0.007m | €0.06m | €0.04m | ▼ 23.8% |
| Financial charges65/66B | - | - | - | €0.03m | €0.03m | €0.03m | €0.05m | €0.03m | ▼ 39.9% |
| Recurring financial charges65 | €0.1m | €0.04m | €0.03m | €0.03m | €0.03m | €0.03m | €0.05m | €0.03m | ▼ 39.9% |
| Profit (loss) for the period before taxes9903 | €0.1m | €0.03m | €0.3m | €0.006m | €0.006m | €0.01m | €0.1m | €0.02m | ▼ 81.8% |
| Income taxes67/77 | €0.02m | -€69 | €0.07m | €0.005m | €0.006m | €0.007m | €0.03m | €0.009m | ▼ 73.2% |
| Profit (loss) for the period9904 | €0.1m | €0.03m | €0.3m | €0.001m | €2 | €0.007m | €0.08m | €0.01m | ▼ 85.3% |
| Profit (loss) for the period to be appropriated9905 | €0.1m | €0.03m | €0.3m | €0.001m | €2 | €0.007m | €0.08m | €0.01m | ▼ 85.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €5.2m | €4.9m | €3.5m | €3.3m | €2.6m | €3.7m | €4.2m | €3.4m | ▼ 18.5% |
| Fixed assets21/28 | €1.0m | €0.5m | €0.2m | €0.2m | €0.1m | €0.1m | €0.07m | €0.1m | ▲ 79.6% |
| Intangible fixed assets21 | - | - | €0.07m | €0.07m | €0.06m | €0.04m | €0.02m | €0.08m | ▲ 403% |
| Tangible fixed assets22/27 | €1.0m | €0.5m | €0.1m | €0.08m | €0.07m | €0.06m | €0.06m | €0.05m | ▼ 12.5% |
| Land and buildings22 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | = |
| Plant, machinery and equipment23 | - | - | - | €0.02m | €0.02m | €0.01m | €0.006m | €0.002m | ▼ 75.0% |
| Furniture and vehicles24 | - | - | - | €0.01m | €0.009m | €0.006m | €0.003m | €0.001m | ▼ 76.0% |
| Current assets29/58 | €4.1m | €4.4m | €3.3m | €3.1m | €2.5m | €3.6m | €4.1m | €3.3m | ▼ 20.3% |
| Amounts receivable after more than one year29 | - | - | - | - | - | - | - | €1.0m | - |
| Other amounts receivable291 | - | - | - | - | - | - | - | €1.0m | - |
| Amounts receivable within one year40/41 | €2.4m | €3.9m | €2.5m | €1.8m | €1.1m | €3.0m | €3.6m | €1.8m | ▼ 49.7% |
| Trade receivables40 | - | - | - | €1.8m | €1.1m | €1.8m | €2.6m | €1.8m | ▼ 30.9% |
| Other amounts receivable41 | - | - | - | €0.001m | - | €1.3m | €1.0m | €0.009m | ▼ 99.1% |
| Cash at bank and in hand54/58 | €0.2m | €0.2m | €0.5m | €1.1m | €1.1m | €0.3m | €0.1m | €0.1m | ▼ 17.9% |
| Deferred charges and accrued income490/1 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | ▲ 0.1% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €5.2m | €4.9m | €3.5m | €3.3m | €2.6m | €3.7m | €4.2m | €3.4m | ▼ 18.5% |
| Equity10/15 | €1.1m | €1.2m | €1.4m | €1.4m | €1.4m | €1.4m | €1.5m | €1.5m | ▲ 0.8% |
| Contributions10/11 | €0.02m | €0.02m | - | €0.03m | €0.03m | €0.03m | €0.03m | €0.03m | = |
| Reserves13 | €1.1m | €1.1m | €1.4m | €1.4m | €1.4m | €1.4m | €1.5m | €1.5m | ▲ 0.8% |
| Non-distributable reserves130/1 | - | - | - | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Reserves not available under the articles1311 | - | - | - | €0.003m | €0.003m | €0.003m | €0.003m | €0.003m | = |
| Distributable reserves133 | - | - | - | €1.4m | €1.4m | €1.4m | €1.5m | €1.5m | ▲ 0.8% |
| Amounts payable17/49 | €4.1m | €3.7m | €2.1m | €1.8m | €1.2m | €2.2m | €2.7m | €1.9m | ▼ 29.4% |
| Amounts payable within one year42/48 | €4.1m | €3.7m | €2.1m | €1.8m | €1.2m | €2.2m | €2.7m | €1.9m | ▼ 29.3% |
| Financial debts43 | - | - | - | - | - | €0.5m | - | - | - |
| Credit institutions430/8 | - | - | - | - | - | €0.5m | - | - | - |
| Trade debts44 | €3.5m | €3.2m | €1.9m | €1.7m | €1.2m | €1.7m | €2.6m | €1.8m | ▼ 29.9% |
| Suppliers440/4 | - | - | - | €1.7m | €1.2m | €1.7m | €2.6m | €1.8m | ▼ 29.9% |
| Taxes, remuneration and social security45 | - | - | - | €0.1m | €0.06m | €0.04m | €0.08m | €0.07m | ▼ 12.1% |
| Taxes450/3 | - | - | - | €0.07m | - | €0.005m | €0.04m | €0.03m | ▼ 36.6% |
| Remuneration and social security454/9 | - | - | - | €0.03m | €0.06m | €0.03m | €0.03m | €0.04m | ▲ 19.7% |
| Accrued charges and deferred income492/3 | - | - | - | €0.001m | - | €0.002m | €0.001m | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €116,341 | €31,012 | €254,748 | €967 | €2 | €6,856 | €78,719 | €11,602 | ▼ 85.3% |
| + Depreciation and write-downs630 | €701,907 | €561,232 | €248,307 | €48,071 | €26,649 | €26,649 | €26,649 | €28,903 | ▲ 8.5% |
| Operating cash flow (approximation) | €818,247 | €592,244 | €503,055 | €49,038 | €26,651 | €33,505 | €105,368 | €40,505 | ▼ 61.6% |
| Investment in fixed assets (approximation) | - | €3,663 | €31,418 | -€2,334 | €0 | €0 | €0 | -€87,000 | - |
| Change in cash | - | €28,885 | €263,516 | €559,995 | €65,500 | -€888,177 | -€110,081 | -€25,154 | ▲ 77.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 19 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 24-06-2026 | 2026-00205946 |
| 31-12-2024 | abbreviated format | 26-06-2025 | 2025-00191291 |
| 31-12-2023 | abbreviated format | 18-06-2024 | 2024-00145692 |
| 31-12-2022 | abbreviated format | 13-07-2023 | 2023-00233775 |
| 31-12-2021 | abbreviated format | 23-06-2022 | 2022-20128450 |
| 31-12-2020 | abbreviated format | 20-07-2021 | 2021-37500372 |
| 31-12-2019 | abbreviated format | 22-09-2020 | 2020-54600176 |
| 31-12-2018 | abbreviated format | 05-07-2019 | 2019-29700432 |
| 31-12-2017 | abbreviated format | 12-06-2018 | 2018-18500431 |
| 30-06-2016 | full format | 24-01-2017 | 2017-02100530 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Board 8
Other functions 1
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- Other function
- began earlier
| Name | Functions and periods |
|---|---|
| Amaury Poncelet |
|
| Axel Moës |
|
| Edward Vercruysse |
|
| Gilles Delannoy |
|
| Jean-Pierre Bricout |
|
| John Kusters |
|
| Philip De Brabandere |
|
| Roy Van den Corput |
|
| Eveline Maertens |
|
| De Kassei Consulting bv |
|
Owners and capital
Owners
2 ownersOwners 2
-
40%
-
30%
Sources: the companies' annual accounts, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not include these statements in its annual accounts, or does not have to, is not listed.
Capital and shareholders
- 10-01-2024 Converted to unavailable equity · €30,172
Group and network
Connections & network
8 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
24-12
Gazette deed
Reappointments: Philip De Brabandere, John Kusters and 3 othersAppointments: Edward Vercruysse, Roy Van den Corput and 3 others · Resignation: De Kassei Consulting BV (financieel directeur) · Permanent representative: Davy Claerhout14 facts ▸
- General meeting, 14-06-2024
- Director reappointment, Philip De Brabandere (director)
- Director reappointment, John Kusters (director)
- Director appointment, Edward Vercruysse (director)
- Director appointment, Roy Van den Corput (director)
- Director reappointment, Jean-Pierre Bricout (director)
- Director reappointment, Gilles Delannoy (director)
- Director reappointment, Axel Moës (director)
- Director appointment, Amaury Poncelet (director)
- Board meeting, 14-06-2024
- Director appointment, Axel Moës (chair of the board)
- Director resignation, De Kassei Consulting BV (financieel directeur)
- +2 further facts in this act
10-01
Gazette deed
Amendment of the articles · Legal-form changeLegal form clause · Capital conversion · Registered office clause7 facts ▸
- General meeting, “buitengewone algemene vergadering der aandeelhouders” (deed in Dutch)
- Legal form clause, “van rechtswege, erkende coöperatieve vennootschap” (deed in Dutch)
- Capital conversion, “statutair onbeschikbare eigenvermogensrekening” (deed in Dutch)
- Amendment of the articles
- Other provision, “voorwerp van de vennootschap, niet gewijzigd” (deed in Dutch)
- Registered office clause, “Ardooie, Wezestraat 61” (deed in Dutch)
- Other provision, “website en e-mailadres, geen website noch e-mailadres vermelden” (deed in Dutch)
21-11
Gazette deed
Resignation: Eveline Maertens (financieel directeur)Appointment: De Kassei Consulting BV (financieel directeur) · Permanent representative: Davy Claerhout4 facts ▸
- Board meeting, 29-06-2023
- Director resignation, Eveline Maertens (financieel directeur)
- Director appointment, De Kassei Consulting BV (financieel directeur)
- Permanent representative, Davy Claerhout
Show earlier events
About the unread acts
Of the 18 Belgian Official Gazette deeds we know for this company, 3 have been read. The other 15 have not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 27 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Recognitions · licences · registrations
Licences in the Official Gazette
1 publicationEnvironmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 establishment unit
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 36001C1498/00A000 | Flanders | 5,807 m² | 1 · 2,144 m² | 14.5 m |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het doel van CV “UNIGROW” is om telersverenigingen te verenigen en hun activiteiten te coördineren en ervaringen uit te wisselen. Op die…” (deed in Dutch)
Text of the purpose (deed in Dutch)
“Het doel van CV “UNIGROW” is om telersverenigingen te verenigen en hun activiteiten te coördineren en ervaringen uit te wisselen. Op die manier wordt de efficiëntie en duurzaamheid van en de synergie tussen de telersondernemingen verbeterd.”
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “8, tenzij één of meer aandeelhouders verzaakt hebben om één of meer bestuurders te laten benoemen” (deed in Dutch)“Kandidaten voorgesteld door A-,B-,C-aandeelhouders, 4” (deed in Dutch)“Kandidaten voorgesteld door meerderheid aandeelhouders van groep van ontslagnemende bestuurder, overblijvende bestuurders” (deed in Dutch)“Onbezoldigd, algemene vergadering” (deed in Dutch)“Steeds onder bestuurders benoemd op voordracht van A-,B- en C-aandeelhouders, raad van bestuur uit één van zijn leden” (deed in Dutch)“Aan andere bestuurder, meerderheid leden die volgens wet aan stemming mogen deelnemen aanwezig of vertegenwoordigd” (deed in Dutch)“1, gewone meerderheid van stemmen” (deed in Dutch)“Bestuursorgaan, plaats waar raad wordt gehouden voor aanwezigheid en meerderheid” (deed in Dutch)3 more provisions on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of June at 14:00