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UNION S.P.E.

Active
Public limited companyfounded 199630 yrs activeRue de Bascoup 325, 7170 Manage, BelgiumKBO/BCE: BE 0458.130.901
Summary

The computed 12-month bankruptcy probability of UNION S.P.E. is 7.1% (elevated). For UNION S.P.E., at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show negative equity (-€187,722). Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 5% of 17997 sector peers (fiscal year 2023). The company has been active since 1996 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 2 administrative register entries (see administrative flags).

Checked score

No current score
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Axes, FY 2023 · tick = 2022
Profitability-
Solvency0=
Growth55=
Track record84
Bankruptcy probability, 12 months
7.1% Elevated
0%0.5%1.5%4%10%≥ 25%
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Signals

Ten signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Food and beverage service activities (NACE 56)
about 206% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 2023
Age of the figures
Age of the figures
33 mo
raises risk · Recent warning signals
The last 24 months brought warning signals in the Staatsblad or the KBO, and those often pile up before a bankruptcy.
Belgian State Gazette
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 30 years 0 40 y
raises risk · Ex-officio strike-off
The KBO struck this company off ex officio, which points to unmet obligations and often precedes a bankruptcy.
KBO publications
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
NBB · 10 filings
Position against the passed deadline
31-12-2024 close31-07-2025 deadline28-09-2026 today
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 15-05-2025, 288 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
not filed
2023
288 d late
2022
654 d late
2021
1019 d late
2020
1384 d late
2019
48 d late
← 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 679 days after the deadline; the sector median for financial year 2024 is 6 days after the deadline, and 52% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
2 publications by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or their withdrawal.
KBO publications
Publications
Late accounts filingStrikeout withdrawn

History

UNION S.P.E. was incorporated on 14 May 1996.1 Total assets went from EUR 12,071 in 2018 to EUR 12,071 in 2023.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2023

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Financials · fiscal year 2023, micro schema

Equity
-€187,722=
2022 · -€187,722
Total assets
€12,071=
2022 · €12,071
Net result
-€60
Working capital
-€186,477=
2022 · -€186,477
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20192020202120222023
Operating result
Net result
Equity-€187,722=-€187,722below the sector's middle half=-€187,722below the sector's middle half=-€187,722below the sector's middle half=-€187,722below the sector's middle half=
Total assets€12,071=€12,071below the sector's middle half=€12,071below the sector's middle half=€12,071below the sector's middle half=€12,071below the sector's middle half=
Debt€199,792=€199,792=€199,792=€199,792=€199,792=
Working capital-€186,477=-€186,477below the sector's middle half=-€186,477below the sector's middle half=-€186,477below the sector's middle half=-€186,477below the sector's middle half=
Current ratio0.01=0.01below the sector's middle half=0.01below the sector's middle half=0.01below the sector's middle half=0.01below the sector's middle half=
Return on assets (ROA)
above within below the middle half (P25 to P75) of NACE 56, Food and beverage service activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the micro schema does not require them.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €12,071
Fixed assets €10,755 =
Current assets €1,316 =
Key figures and ratios
2023 value · change against 2022
Debt to equity
-1.06=
2022 · -1.06
Debt ≤ 1 year
€187,792=
2022 · €187,792
Debt > 1 year
€12,000=
2022 · €12,000
A ratio outside any meaningful range has been withheld (balance sheet total €12,071, equity -€187,722).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2023 against 2022 · 21 lines
Balance sheet Code20222023
Assets
Total assets20/58€12,071€12,071=
Fixed assets21/28€10,755€10,755=
Financial fixed assets28€10,755€10,755=
Current assets29/58€1,316€1,316=
Amounts receivable within one year40/41€1,316€1,316=
Other amounts receivable41€1,316€1,316=
Equity and liabilities
Total equity and liabilities10/49€12,071€12,071=
Equity10/15-€187,722-€187,722=
Contributions10/11€275,000€275,000=
Capital10€275,000€275,000=
Issued capital100€275,000€275,000=
Profit (loss) carried forward14-€462,722-€462,722=
Amounts payable17/49€199,792€199,792=
Amounts payable after more than one year17€12,000€12,000=
Other amounts payable178/9€12,000€12,000=
Amounts payable within one year42/48€187,792€187,792=
Trade debts44€18,524€18,524=
Suppliers440/4€18,524€18,524=
Other amounts payable47/48€169,268€169,268=
Income statement Code20222023
Appropriation of the result
Profit (loss) to be appropriated9906-€462,722-€462,722=
Profit (loss) brought forward from the previous period14P-€462,722-€462,722=

The notes to these accounts (1 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Not filed in this scheme.

Line20192020202120222023Change
Assets
Total assets20/58€12,071€12,071€12,071€12,071€12,071=
Fixed assets21/28€10,755€10,755€10,755€10,755€10,755=
Financial fixed assets28€10,755€10,755€10,755€10,755€10,755=
Current assets29/58€1,316€1,316€1,316€1,316€1,316=
Amounts receivable within one year40/41€1,316€1,316€1,316€1,316€1,316=
Other amounts receivable41-€1,316€1,316€1,316€1,316=
Equity and liabilities
Total equity and liabilities10/49€12,071€12,071€12,071€12,071€12,071=
Equity10/15-€187,722-€187,722-€187,722-€187,722-€187,722=
Contributions10/11€275,000€275,000€275,000€275,000€275,000=
Capital10-€275,000€275,000€275,000€275,000=
Issued capital100-€275,000€275,000€275,000€275,000=
Profit (loss) carried forward14-€462,722-€462,722-€462,722-€462,722-€462,722=
Amounts payable17/49€199,792€199,792€199,792€199,792€199,792=
Amounts payable after more than one year17€12,000€12,000€12,000€12,000€12,000=
Other amounts payable178/9-€12,000€12,000€12,000€12,000=
Amounts payable within one year42/48€187,792€187,792€187,792€187,792€187,792=
Trade debts44€18,524€18,524€18,524€18,524€18,524=
Suppliers440/4-€18,524€18,524€18,524€18,524=
Other amounts payable47/48-€169,268€169,268€169,268€169,268=
Line20192020202120222023Change
Investment in fixed assets (approximation)-€0€0€0€0-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2025
02-06
KBO administration Strikeout withdrawn
15-05
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 288 days late
15-05
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 654 days late
15-05
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 1019 days late
15-05
NBB filing Annual accounts filed
fiscal year 2020 · micro schema · 1384 days late
01-04
KBO administration Late accounts filing
event 19-03-2025
2020
17-09
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 48 days late
2019
03-10
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 64 days late
2017
03-10
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 64 days late
2016
29-09
NBB filing Annual accounts filed
fiscal year 2015 · full schema · 60 days late
2014
06-10
NBB filing Annual accounts filed
fiscal year 2013 · full schema · 67 days late
08-01
NBB filing Annual accounts filed
fiscal year 2012 · full schema · 161 days late
SignalNBB filing
0 of 4 acts read
About the unread acts

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.

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Directors · office · real estate

Directors
4 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, Manage · 1 establishment unit since 1996
seat establishment approximate The establishment unit on the map
Ground area
2.2 ha
Building footprint
6,501 m²
Volume, LiDAR
48,049 m³
2 parcels, Wallonia · tallest building 15.1 m, ±2 floors. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
La Terrasse
Rue de la Franco-Belge(L.L) 28, 7100 La LouvièreLimited-service restaurants
since 19962.077.436.924
2 parcels
Wallonia 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
55022A0356/00Y003 Wallonia 2.2 ha 1 · 6,334 m² 15.1 m · 2 fl.
52004A0287/00A000 Wallonia 890 m² 1 · 167 m² 4.8 m · 1 fl.
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Similar companies · same sector and region

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 21,859 companies in sector 56112 we hold annual accounts for 9,782. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded14-05-1996
Fiscal year end31-12
Activities, NACEBEL 2025
56112Limited-service restaurants, excluding mobile food services
E-invoicing
Reachable via Peppol
Peppol ID 0208:0458130901
Also 9925:BE0458130901
Registered 15-01-2026

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.