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UNIQUE ART

Active
Private limited companyfounded 20205 yrs activeMutsaardplein 2, 1853 Grimbergen, BelgiumKBO/BCE: BE 0756.756.485
Summary

The computed 12-month bankruptcy probability of UNIQUE ART is 6.6% (elevated). The 2024 annual accounts show equity of €45,789 and a net result of €38,210. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 53% of 36378 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency signals. The CBE does carry 1 administrative register entry (see administrative flags).

Checked score

Score 2024
59 / 100
Fair
An elevated bankruptcy probability caps the score. A confirmed filing finding caps the score. Each of these causes sets the same score on its own. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability100▲+18
Solvency75▲+26
Growth78=
Track record86
Bankruptcy probability, 12 months
6.6% Elevated
0%0.5%1.5%4%10%≥ 25%
Credit up to €2,500 at 30 days only on tighter terms
Liquidity ample (current ratio 1.87 against 1.29 in 2023; short-term debt: 50.3% and cash: 15.8% of total assets), but 50.3% of the assets are financed with debt.
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Signals

Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
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
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 date
Age against the risk zone
highest failure risk from 2 to 8 years 5 years 0 10 y
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Specialised construction activities (NACE 43)
about 85% more bankruptcies
← fewer bankruptcies more bankruptcies →
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 · Growing equity
Reported equity is higher than in 2022 and did not fall compared with 2023. These amounts do not establish the cause of the change.
NBB · annual accounts 2024
Equity per financial year
21222324
2021 to 2024 · latest year €45,789
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-11-2025, 117 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 · 4 filings
Deviation from the deadline
2025
not confirmed
2024
117 d late
2023
69 d late
2022
71 d late
2021
76 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 4 accounts on average 83 days after the deadline; the sector median for financial year 2024 is 1 day before the deadline, and 42% of the sector filed late.

raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.
KBO publications
Publications
Address struck

History

UNIQUE ART was incorporated on 19 October 2020 as a Private limited company.1 Total assets rose from EUR 14,957 in 2021 to EUR 92,201 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2021 and 2024

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Financials · fiscal year 2024, micro schema

Equity
€45,789▲ 504%
2023 · €7,580
Total assets
€92,201▲ 188%
2023 · €31,969
Net result
€38,210▲ 1,034%
2023 · €3,370
Working capital
€40,318▲ 463%
2023 · €7,160
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 43, Specialised construction 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-€4,302-€9,011€4,679▼ 48.1%€48,092▲ 928%
Net result-€5,925below the sector's middle half-€7,635within the sector's middle half€3,370within the sector's middle half▼ 55.9%€38,210above the sector's middle half▲ 1,034%
Equity-€3,425below the sector's middle half-€4,209below the sector's middle half€7,580below the sector's middle half▲ 80.1%€45,789within the sector's middle half▲ 504%
Total assets€14,957below the sector's middle half-€34,648below the sector's middle half▲ 132%€31,969below the sector's middle half▼ 7.7%€92,201within the sector's middle half▲ 188%
Debt€18,382-€30,439▲ 65.6%€24,389▼ 19.9%€46,411▲ 90.3%
Working capital-€3,862below the sector's middle half-€3,936below the sector's middle half€7,160within the sector's middle half▲ 81.9%€40,318within the sector's middle half▲ 463%
Solvency-22.9%below the sector's middle half-12.1%below the sector's middle half▲ 35.0pp23.7%within the sector's middle half▲ 11.6pp49.7%within the sector's middle half▲ 26.0pp
Current ratio0.79below the sector's middle half-1.13within the sector's middle half▲ 0.341.29within the sector's middle half▲ 0.161.87within the sector's middle half▲ 0.58
Return on assets (ROA)-39.6%below the sector's middle half-22.0%above the sector's middle half▲ 61.6pp10.5%within the sector's middle half▼ 11.5pp41.4%above the sector's middle half▲ 30.9pp
above within below the middle half (P25 to P75) of NACE 43, Specialised construction 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.
Result per fiscal year
Operating resultNet result
-€20,000€0€20,000€40,000Operating result 2021: -€4,302-€4,302Net result 2021: -€5,925-€5,925Operating result 2022: €9,011€9,011Net result 2022: €7,635€7,635Operating result 2023: €4,679€4,679Net result 2023: €3,370€3,370Operating result 2024: €48,092€48,092Net result 2024: €38,210€38,2102021202220232024€0€20,000€40,000Operating result 2022: €9,011€9,010Net result 2022: €7,635€7,630Operating result 2023: €4,679€4,680Net result 2023: €3,370€3,370Operating result 2024: €48,092€48,100Net result 2024: €38,210€38,200202220232024
The operating result recovers in 2024; 2024 is 928% above 2023 and is the highest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €92,201
Fixed assets €5,471 ▲ 1,203%
Current assets €86,729 ▲ 175%
Equity and liabilities €92,201
Equity €45,789 ▲ 504%
Debt €46,411 ▲ 90.3%
Debt's share of the balance-sheet total falls from 76.3% to 50.3%. Equity and debt are higher.
Key figures and ratios
2024 value · change against 2023
EBITDA
€49,001▲
2023 · €4,992
Cash flow
€39,119▲
2023 · €3,682
Debt to equity
1.01▼
2023 · 3.22
ROE
83.4%▲
2023 · 44.5%
Interest coverage
59.86▲
2023 · 14.93
Debt ≤ 1 year
€46,411▲
2023 · €24,389
Income taxes
€11,598▲
2023 · €975
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 26,975 companies that looked in July 2024 the way this one looks now, 1.6% went bankrupt within 24 months and 95% are still going.

  • Micro
  • 5 to 10 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
1.6% went bankrupt
3.4% stopped otherwise
95% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 6.6% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,340 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
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% 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 26,975 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.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 34 lines
Balance sheet Code20232024
Assets
Total assets20/58€31,969€92,201▲
Fixed assets21/28€420€5,471▲
Tangible fixed assets22/27€420€5,471▲
Furniture and vehicles24€420€5,471▲
Current assets29/58€31,549€86,729▲
Amounts receivable within one year40/41€29,894€72,125▲
Trade receivables40€29,835€2,510▼
Other amounts receivable41€59€69,615▲
Cash at bank and in hand54/58€1,655€14,604▲
Equity and liabilities
Total equity and liabilities10/49€31,969€92,201▲
Equity10/15€7,580€45,789▲
Contributions10/11€2,500€2,500=
Profit (loss) carried forward14€5,080€43,289▲
Amounts payable17/49€24,389€46,411▲
Amounts payable within one year42/48€24,389€46,411▲
Trade debts44€423€7,438▲
Suppliers440/4€423€7,438▲
Taxes, remuneration and social security45€2,195€38,973▲
Taxes450/3€2,195€38,973▲
Other amounts payable47/48€21,770-
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€312€909▲
Other operating charges640/8€184€1,349▲
Gross operating margin9900€5,176€50,349▲
Operating profit (loss)9901€4,679€48,092▲
Financial income75/76B-€2,535
Recurring financial income75-€2,535
Financial charges65/66B€334€819▲
Recurring financial charges65€334€819▲
Profit (loss) for the period before taxes9903€4,345€49,808▲
Income taxes67/77€975€11,598▲
Profit (loss) for the period9904€3,370€38,210▲
Profit (loss) for the period to be appropriated9905€3,370€38,210▲
Appropriation of the result
Profit (loss) to be appropriated9906€5,080€43,289▲
Profit (loss) brought forward from the previous period14P€1,709€5,080▲

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line2021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€54€164€312€909▲ 191%
Other operating charges640/8€421€5,226€184€1,349▲ 633%
Gross operating margin9900-€3,827€14,401€5,176€50,349▲ 873%
Operating profit (loss)9901-€4,302€9,011€4,679€48,092▲ 928%
Financial income75/76B---€2,535-
Recurring financial income75---€2,535-
Financial charges65/66B€1,623€156€334€819▲ 145%
Recurring financial charges65€1,623€156€334€819▲ 145%
Profit (loss) for the period before taxes9903-€5,925€8,855€4,345€49,808▲ 1,046%
Income taxes67/77-€1,220€975€11,598▲ 1,090%
Profit (loss) for the period9904-€5,925€7,635€3,370€38,210▲ 1,034%
Profit (loss) for the period to be appropriated9905-€5,925€7,635€3,370€38,210▲ 1,034%
Line2021202220232024Change
Assets
Total assets20/58€14,957€34,648€31,969€92,201▲ 188%
Fixed assets21/28€437€273€420€5,471▲ 1,203%
Tangible fixed assets22/27€437€273€420€5,471▲ 1,203%
Furniture and vehicles24€437€273€420€5,471▲ 1,203%
Current assets29/58€14,520€34,375€31,549€86,729▲ 175%
Amounts receivable within one year40/41€14,519€33,366€29,894€72,125▲ 141%
Trade receivables40€6,765€32,687€29,835€2,510▼ 91.6%
Other amounts receivable41€7,754€680€59€69,615▲ 117,952%
Cash at bank and in hand54/58€1€1,009€1,655€14,604▲ 782%
Equity and liabilities
Total equity and liabilities10/49€14,957€34,648€31,969€92,201▲ 188%
Equity10/15-€3,425€4,209€7,580€45,789▲ 504%
Contributions10/11€2,500€2,500€2,500€2,500=
Profit (loss) carried forward14-€5,925€1,709€5,080€43,289▲ 752%
Amounts payable17/49€18,382€30,439€24,389€46,411▲ 90.3%
Amounts payable within one year42/48€18,382€30,439€24,389€46,411▲ 90.3%
Trade debts44€5,483€27,469€423€7,438▲ 1,657%
Suppliers440/4€5,483€27,469€423€7,438▲ 1,657%
Taxes, remuneration and social security45-€1,220€2,195€38,973▲ 1,675%
Taxes450/3-€1,220€2,195€38,973▲ 1,675%
Other amounts payable47/48€12,899€1,749€21,770--
Line2021202220232024Change
Profit (loss) for the period9904-€5,925€7,635€3,370€38,210▲ 1,034%
+ Depreciation and write-downs630€54€164€312€909▲ 191%
Operating cash flow (approximation)-€5,871€7,798€3,682€39,119▲ 962%
Investment in fixed assets (approximation)-€0-€459-€5,961▼ 1,200%
Change in cash-€1,008€646€12,949▲ 1,904%

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
08-12
KBO administration Address struck
25-11
NBB filing Annual accounts filed
fiscal year 2024 · micro schema · 117 days late
2024
31-12
Financial Highest result since 2021net €38,210 ▲1,034%
Operating result €48,092, net result €38,210, both a record.
08-10
NBB filing Annual accounts filed
fiscal year 2023 · micro schema · 69 days late
2023
10-10
NBB filing Annual accounts filed
fiscal year 2022 · micro schema · 71 days late
2022
31-12
Financial Back to profitnet €7,635
Net result €7,635 after one loss-making year.
15-10
NBB filing Annual accounts filed
fiscal year 2021 · micro schema · 76 days late
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts

We know of 3 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
3 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, Grimbergen · 1 establishment unit since 2020
seat establishment The establishment unit on the map
Ground area
1,698 m²
Building footprint
765 m²
Volume, LiDAR
9,364 m³
2 parcels, Flanders · tallest building 22.0 m, ±5 floors. Linked by address, not a title deed.
199 companies at this address See who is registered here
1 establishment unit
Unique ART
Real estate development
since 20202.316.363.760
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
23084A0399/00M025 Flanders 1,424 m² 1 · 561 m² 22.0 m · 5 fl.
23047B0007/00M021 Flanders 274 m² 1 · 204 m² 11.7 m · 2 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, comparable size

Of 7,043 companies in sector 43221 we hold annual accounts for 3,480. 2,959 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPrivate limited company
Founded19-10-2020
Fiscal year end31-12
Activities, NACEBEL 2025
43221Plumbing work
41001General construction of residential buildings
47789Other retail sale of new goods
E-invoicing
Reachable via Peppol
Peppol ID 0208:0756756485
Also 9925:BE0756756485

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.