UNION FOUNDATION
ActiveSummary
UNION FOUNDATION has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show negative equity (€-173k) and a net result of €-28k. Equity is shrinking by ~25.5% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2024 are too old to assess current financial health.
Axes, FY 2024 · tick = 2023
Profitability0▼-54
Solvency0=
Growth58=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Age of the figures
Age of the figures
27 mo
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 · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 93
Relative position
BE, all sectors
reference
Sector 93
lower
← fewer bankruptcies
more bankruptcies →
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 14-10-2025, 109 days ahead of the deadline.
NBB · 5 filingsDeviation from the deadline
2025
109 d early
2024
74 d early
2023
85 d early
2022
36 d late
2021
59 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 30-06-2026 and is due by 31-01-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
30-06-2026 close24-09-2026 today31-01-2027 deadline
Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-28k
2023 · €14k
2021: €-30k
2022: €-135k
2023: €14k
2021 → 2024
Working capital
€-2k▲ 98.5%
2023 · €-145k
2021: €-23k
2022: €-159k
2023: €-145k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€-23k-€-159k▼ 580%€-145k▲ 8.6%€-173k▼ 19.1%
Operating result€-30k-€-135k▼ 352%€14k€-28k
Net result€-30k-€-135k▼ 351%€14k€-28k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €28k after €14k in 2023.
Key figures and ratios
Debt
€174k▼
2023 · €353k
Debt ≤ 1 year
€3k▼
2023 · €353k
Debt > 1 year
€171k
Ratios withheld: a balance sheet total of €1k is too small for a meaningful ratio.
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 · 2024 against 2023 · 25 lines
Balance sheet
Code20232024
Assets
Total assets20/58€208k€1k▼
Current assets29/58€208k€1k▼
Amounts receivable within one year40/41€194k€527▼
Trade receivables40€194k€527▼
Cash at bank and in hand54/58€14k€736▼
Deferred charges and accrued income490/1€93€0▼
Equity and liabilities
Total equity and liabilities10/49€208k€1k▼
Equity10/15€-145k€-173k▼
Profit (loss) carried forward14€-145k€-173k▼
Amounts payable17/49€353k€174k▼
Amounts payable after more than one year17-€171k
Financial debts170/4-€171k
Amounts payable within one year42/48€353k€3k▼
Trade debts44€5k€3k▼
Suppliers440/4€5k€3k▼
Income statement
Code20232024
Non-recurring operating income76A€2k€0▼
Gross operating margin9900€14k€-28k▼
Operating profit (loss)9901€14k€-28k▼
Financial charges65/66B€119€179▲
Recurring financial charges65€119€179▲
Profit (loss) for the period before taxes9903€14k€-28k▼
Profit (loss) for the period9904€14k€-28k▼
Profit (loss) for the period to be appropriated9905€14k€-28k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-145k€-173k▼
Profit (loss) brought forward from the previous period14P€-159k€-145k▲
The notes to these accounts (2 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
2025
14-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
18-11
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2023
07-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
30-06
Financial
Back to profitnet €14k
Net result €14k after 2 loss-making years.
08-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 36 days late
2022
30-06
Financial
Weakest financial yearnet €-135k
Net result drops to €-135k, the lowest in the series; recovery starts the following year.
2021
03-12
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
8 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, Vorst · 1 establishment unit since 2025
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.
Brusselse Steenweg 2231190 VorstGround area
1,001 m²
Building footprint
1,001 m²
Volume, LiDAR
10,824 m³
Parcel 21007A0086/00W000, Brussels · tallest building 13.1 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
Union Foundation
since 20252.374.025.510
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21007A0086/00W000 | Brussels | 1,001 m² | 1 · 1,001 m² | 13.1 m · 4 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.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Similar companies · same sector and region
ROYALE UNION SAINT-GILLOISE
BE 0417.144.936
Vorst
Socca Belgium
BE 1034.761.257
Vorst
ASSOCIATION ROYALE BELGE DE HOCKEY - KONINKLIJKE BELGISCHE HOCKEY BOND
BE 0407.587.169
Brussel
Black Star Football Club
BE 0460.705.656
Brussel
BODEGEM - KAPELLE UNITED
BE 0456.996.593
Dilbeek
This company's figures show no positive equity and no headcount, so a size comparison is not possible. These companies share only the sector and the region. Of 1,396 companies in sector 93121 we hold annual accounts for 151. See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded30-01-2020
Fiscal year end30-06
Legal name FR
UNION INSPIRES
Activities, NACEBEL 2025
93121Football clubs
Sources
Crossroads Bank for EnterprisesNational Bank · 5 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.
Contact details
3 entriesE-mail:alain.eliasy@rusg.be
E-mail:wouter.blockx@rusg.be
Phone:+32465394938