UNION
ActiveThe computed 12-month bankruptcy probability of UNION is 5.2% (elevated). The 2025 annual accounts show equity of €23k and a net result of €13k. Its solvency ranks better than 55% of 476 sector peers (fiscal year 2025). The company has been active since 2024 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability95▼-2
Solvency64▲+7
Growth78
Track record82
Bankruptcy probability, 12 months
5.2%
Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days only on tighter terms
Liquidity short (current ratio 0.63 against 0.55 in 2024; short-term debt: 40.5% and cash: 8.8% of total assets), and 61.4% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 53
Relative position
BE, all sectors
reference
Sector 53
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Young company
A young company has little track record yet and statistically fails more often than an established one.
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
38.6%
Return on assets
21%
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 29-08-2026, 29 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 · 2 filingsDeviation from the deadline
2025
29 d late
2024
28 d late
← before the deadline
after the deadline →
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
21-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€23k▲ 120%
2024 · €11k
2024: €11k
2024 → 2025
Total assets
€60k▲ 82.7%
2024 · €33k
2024: €33k
2024 → 2025
Net result
€13k▲ 67.2%
2024 · €8k
2024: €8k
2024 → 2025
Working capital
€-9k▲ 9.7%
2024 · €-10k
2024: €-10k
2024 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20242025Trend
Equity€11k-€23k▲ 120%
Operating result€8k-€15k▲ 98.2%
Net result€8k-€13k▲ 67.2%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result rises in 2025; 2025 is 98% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €60k
Fixed assets
€45k▲ 118%
Current assets
€15k▲ 23.8%
Equity and liabilities €60k
Equity
€23k▲ 120%
Debt
€37k▲ 65.1%
The debt ratio falls from 68.0% to 61.4%. Equity and debt are higher.
Key figures and ratios
EBITDA
€24k▲
2024 · €9k
Cash flow
€21k▲
2024 · €9k
Solvency
38.6%▲
2024 · 32.0%
Current ratio
0.63▲
2024 · 0.55
Quick ratio
0.63▲
2024 · 0.55
Debt / equity
1.59▼
2024 · 2.12
ROE
54.5%▼
2024 · 71.7%
ROA
21.0%▼
2024 · 23.0%
Interest coverage
60.99▼
2024 · 11110.55
Debt
€37k▲
2024 · €22k
Debt ≤ 1 year
€24k▲
2024 · €22k
Debt > 1 year
€13k
Income taxes
€2k
Staff costs
€6k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€33k€60k▲
Fixed assets21/28€21k€45k▲
Tangible fixed assets22/27€12k€36k▲
Furniture and vehicles24€12k€36k▲
Financial fixed assets28€9k€9k=
Current assets29/58€12k€15k▲
Amounts receivable within one year40/41€12k€9k▼
Trade receivables40€12k€1k▼
Other amounts receivable41-€8k
Cash at bank and in hand54/58€15€5k▲
Deferred charges and accrued income490/1-€617
Equity and liabilities
Total equity and liabilities10/49€33k€60k▲
Equity10/15€11k€23k▲
Contributions10/11€3k€3k=
Profit (loss) carried forward14€8k€20k▲
Amounts payable17/49€22k€37k▲
Amounts payable after more than one year17-€13k
Financial debts170/4-€13k
Amounts payable within one year42/48€22k€24k▲
Current portion of amounts payable after more than one year42-€2k
Trade debts44€1k€2k▲
Suppliers440/4€1k€2k▲
Taxes, remuneration and social security45€2k€6k▲
Taxes450/3€2k€3k▲
Remuneration and social security454/9-€3k
Other amounts payable47/48€19k€14k▼
Income statement
Code20242025
Remuneration, social security and pensions62-€6k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€8k▲
Other operating charges640/8€300€1k▲
Non-recurring operating charges66A-€641
Gross operating margin9900€10k€32k▲
Operating profit (loss)9901€8k€15k▲
Financial charges65/66B€1€386▲
Recurring financial charges65€1€386▲
Profit (loss) for the period before taxes9903€8k€15k▲
Income taxes67/77-€2k
Profit (loss) for the period9904€8k€13k▲
Profit (loss) for the period to be appropriated9905€8k€13k▲
Appropriation of the result
Profit (loss) to be appropriated9906€8k€20k▲
Profit (loss) brought forward from the previous period14P-€8k
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
29-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 29 days late
2025
28-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 28 days late
NBB filing
Directors · office · real estate
Directors
1 act for this company is 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, Liège · 1 establishment unit since 2024
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Renardi 864000 LiègeGround area
127 m²
Building footprint
46 m²
Volume, LiDAR
455 m³
Parcel 62812A1007/00Y000, Wallonia · tallest building 11.3 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
UNION
since 20242.360.661.086
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62812A1007/00Y000 | Wallonia | 127 m² | 1 · 46 m² | 11.3 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Parcel delivery
Notified to the BIPT
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Of 4,917 companies in sector 53200 we hold annual accounts for 1,330. 1,083 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-05-2024
Fiscal year end31-12
Activities, NACEBEL
53200Other postal and courier activities
49410Freight transport by road
49420Removal services
52210Service activities incidental to land transportation
52250Logistics services
52260Warehousing and support activities for transportation
52310Warehousing and support activities for transportation
77110Renting and leasing of cars and light motor vehicles
77120Rental and leasing activities
Sources
Crossroads Bank for EnterprisesNational Bank · 2 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.