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 (-€172,699) and a net result of -€27,710. 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%
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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
Sports, amusement and recreation activities (NACE 93)
about 50% fewer bankruptcies
← 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 →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 58 days before the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.
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. Usually files around 18 November (4 of the last 5 filed years within 35 days of that day).
Companies Code · seven monthsPosition in the running window
30-06-2026 close30-09-2026 today31-01-2027 deadline
History
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Financials · fiscal year 2024, micro schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€27,710
2023 · €13,631
Working capital
-€2,120▲ 98.5%
2023 · -€144,988
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.
Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the fiscal year before
favourable
unfavourable
Line2021202220232024
Operating result-€29,876--€135,124▼ 352%€13,750-€27,532
Net result-€29,975below the sector's middle half--€135,280below the sector's middle half▼ 351%€13,631within the sector's middle half-€27,710below the sector's middle half
Equity-€23,339below the sector's middle half--€158,619below the sector's middle half▼ 580%-€144,988below the sector's middle half▲ 8.6%-€172,699below the sector's middle half▼ 19.1%
Total assets€12,874below the sector's middle half-€8,225below the sector's middle half▼ 36.1%€208,147within the sector's middle half▲ 2,431%€1,263below the sector's middle half▼ 99.4%
Debt€36,213-€166,844▲ 361%€353,135▲ 112%€173,962▼ 50.7%
Working capital-€23,339within the sector's middle half--€158,619below the sector's middle half▼ 580%-€144,988below the sector's middle half▲ 8.6%-€2,120within the sector's middle half▲ 98.5%
Solvency-181.3%below the sector's middle half--69.7%below the sector's middle half
Current ratio0.36below the sector's middle half-0.05below the sector's middle half▼ 0.310.59within the sector's middle half▲ 0.54
Return on assets (ROA)-232.8%below the sector's middle half-6.5%within the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 93, Sports, amusement and recreation activities, each year against the same schema; no band under 30 filings.
Why a figure moved sharply
- 2022 Net result -351% on 2021. The accounts now follow the micro schema, last year the full schema.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €27,532 after €13,750 in 2023.
Key figures and ratios
Debt ≤ 1 year
€3,383▼
2023 · €353,135
Debt > 1 year
€170,579
Ratios withheld: a balance sheet total of €1,263 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.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | €2,075 | €0 | ▼ 100% |
| Gross operating margin9900 | -€29,876 | -€135,124 | €13,750 | -€27,532 | ▼ 300% |
| Operating profit (loss)9901 | -€29,876 | -€135,124 | €13,750 | -€27,532 | ▼ 300% |
| Financial charges65/66B | - | €157 | €119 | €179 | ▲ 50.1% |
| Recurring financial charges65 | €99 | €157 | €119 | €179 | ▲ 50.1% |
| Profit (loss) for the period before taxes9903 | -€29,975 | -€135,280 | €13,631 | -€27,710 | ▼ 303% |
| Profit (loss) for the period9904 | -€29,975 | -€135,280 | €13,631 | -€27,710 | ▼ 303% |
| Profit (loss) for the period to be appropriated9905 | -€29,975 | -€135,280 | €13,631 | -€27,710 | ▼ 303% |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €12,874 | €8,225 | €208,147 | €1,263 | ▼ 99.4% |
| Current assets29/58 | €12,874 | €8,225 | €208,147 | €1,263 | ▼ 99.4% |
| Amounts receivable within one year40/41 | - | - | €193,734 | €527 | ▼ 99.7% |
| Trade receivables40 | - | - | €193,734 | €527 | ▼ 99.7% |
| Cash at bank and in hand54/58 | €12,874 | €8,225 | €14,319 | €736 | ▼ 94.9% |
| Deferred charges and accrued income490/1 | - | - | €93 | €0 | ▼ 100% |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €12,874 | €8,225 | €208,147 | €1,263 | ▼ 99.4% |
| Equity10/15 | -€23,339 | -€158,619 | -€144,988 | -€172,699 | ▼ 19.1% |
| Profit (loss) carried forward14 | -€23,339 | -€158,619 | -€144,988 | -€172,699 | ▼ 19.1% |
| Amounts payable17/49 | €36,213 | €166,844 | €353,135 | €173,962 | ▼ 50.7% |
| Amounts payable after more than one year17 | - | - | - | €170,579 | - |
| Financial debts170/4 | - | - | - | €170,579 | - |
| Amounts payable within one year42/48 | €36,213 | €166,844 | €353,135 | €3,383 | ▼ 99.0% |
| Trade debts44 | €8,347 | €2,442 | €5,364 | €3,383 | ▼ 36.9% |
| Suppliers440/4 | - | €2,442 | €5,364 | €3,383 | ▼ 36.9% |
| Other amounts payable47/48 | - | €164,402 | - | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€29,975 | -€135,280 | €13,631 | -€27,710 | ▼ 303% |
| Operating cash flow (approximation) | -€29,975 | -€135,280 | €13,631 | -€27,710 | ▼ 303% |
| Change in cash | - | -€4,649 | €6,094 | -€13,583 | ▼ 323% |
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
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 €13,631
Net result €13,631 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 -€135,280
Net result drops to -€135,280, 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.
0 of 8 acts read
About the unread acts
We know of 8 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
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
Ground 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.
4
companies at this address
See who is registered here
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
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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
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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 152. See the whole sector
Identification & contact
Identification
Legal formNon-profit association
Founded30-01-2020
Fiscal year end30-06
Legal name FR
UNION INSPIRES
Activities, NACEBEL 2025
93121Football clubs
Contact
E-mail
alain.eliasy@rusg.be
E-mail
wouter.blockx@rusg.be
Phone
+32465394938Vorst
E-invoicing
Reachable via Peppol
Peppol ID
0208:0742708610
Registered
15-09-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.