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UNITANKERS

Active
Private limited company (pre-2019)founded 1993active for 32 yearsPlantinkaai 13, 2000 Antwerpen, BelgiumKBO/BCE: BE 0451.569.840

Financials · financial year 2025, abbreviated format

2025 annual accounts filed 75 days after the deadline Filed on 14 October 2026, deadline 31 July 2026 (7 months after the close on 31 December 2025, Companies Code art. 3:10). Source: NBB, 2026-00556696.

Annual accounts 2025 filed on 14-10-2026 at the NBB all 32 filings

Turnover
€516,234
EBIT margin
19.0%
Net result
€15,689
2024 · -€1,594
Working capital
€19,774
2024 · -€10,914
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result for 2025 is a profit of €634,536, after a loss of €1,741 in 2024. It is the highest result since 2021.

Operating result€634,536 2025 Net result€15,689 2025

Turnover is what the company sold, the result is what was left of it. A loss stands below the zero line.

Use the arrow keys on the chart for the figures per year.

The sector band is the middle half of the companies in Warehousing and support activities for transportation (NACE 52). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30. The dashed line is the median. There is a sector band for net result, equity, total assets, working capital, solvency, current ratio and return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€516,234-
Operating result€98,334--€1,190-€2,316▼ 94.6%-€2,635▼ 13.8%-€5,474▼ 108%-€1,599▲ 70.8%-€1,741▼ 8.9%€634,536
Net result€88,888--€1,222-€2,462within the sector's middle half▼ 102%-€2,683below the sector's middle half▼ 9.0%-€5,522below the sector's middle half▼ 106%-€1,521below the sector's middle half▲ 72.5%-€1,594below the sector's middle half▼ 4.8%€15,689within the sector's middle half
EBIT margin19.0%-
Equity€4,090-€2,868▼ 29.9%€406below the sector's middle half▼ 85.8%-€2,277below the sector's middle half-€7,799below the sector's middle half▼ 243%-€9,320below the sector's middle half▼ 19.5%-€10,914below the sector's middle half▼ 17.1%€4,774below the sector's middle half
Total assets€285,025-€285,689▲ 0.2%€274,116below the sector's middle half▼ 4.1%€271,433below the sector's middle half▼ 1.0%€15,910below the sector's middle half▼ 94.1%€34,895below the sector's middle half▲ 119%€10,237below the sector's middle half▼ 70.7%€20,296below the sector's middle half▲ 98.3%
Debt€280,936-€282,821▲ 0.7%€273,710▼ 3.2%€273,710=€23,709▼ 91.3%€44,215▲ 86.5%€21,151▼ 52.2%€15,522▼ 26.6%
Working capital-€1,116--€2,338▼ 109%-€4,800within the sector's middle half▼ 105%-€7,483below the sector's middle half▼ 55.9%-€7,799below the sector's middle half▼ 4.2%-€9,320below the sector's middle half▼ 19.5%-€10,914below the sector's middle half▼ 17.1%€19,774within the sector's middle half
Solvency1.4%-1.0%▼ 0.4pp0.1%below the sector's middle half▼ 0.9pp-0.8%below the sector's middle half▼ 1.0pp-49.0%below the sector's middle half▼ 48.2pp-26.7%below the sector's middle half▲ 22.3pp-106.6%below the sector's middle half▼ 79.9pp23.5%within the sector's middle half▲ 130.1pp
Current ratio1.00-0.99=0.98within the sector's middle half▼ 0.010.97below the sector's middle half▼ 0.010.67below the sector's middle half▼ 0.300.79below the sector's middle half▲ 0.120.48below the sector's middle half▼ 0.3138.87above the sector's middle half▲ 38.39
Return on assets (ROA)31.2%--0.4%▼ 31.6pp-0.9%below the sector's middle half▼ 0.5pp-1.0%below the sector's middle half▼ 0.1pp-34.7%below the sector's middle half▼ 33.7pp-4.4%below the sector's middle half▲ 30.3pp-15.6%below the sector's middle half▼ 11.2pp77.3%above the sector's middle half▲ 92.9pp
above within below The sector band is the middle half of the companies in Warehousing and support activities for transportation (NACE 52). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.
Balance-sheet composition
Equity and liabilities €20,296
Equity €4,774
Debt €15,522
Debt's share of the balance-sheet total is 76.5%.
Key figures and ratios
2025 value · change against 2024
Debt to equity
3.25
ROE
328.6%
Debt ≤ 1 year
€522▼
2024 · €21,151
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Comparable companies

These companies have the same main activity as UNITANKERS: warehousing and support activities for transportation (NACE 52241). They are comparable in size and age: total assets between €86,300 and €164,000, founded between 1983 and 2015.

CompanyFoundedTotal assetsEquityGross marginTurnoverNet resultFTEFinancial year
UNITANKERS Antwerpen1993€20,296€4,774€917,341-€15,689-2025
MULTRASHIP BELGIUM Antwerpen1985€160,944€116,467€166,743--€8,841-2025
STEEL SERVICES & LOGISTICS Antwerpen1996€164,128€123,439-€90,800-€1512025
WIDE SCOPE SHIPPING AND FORWARDING BELGIUM Gent1993€89,725€34,122€111,307--€1,7461.52025
GRANEX Antwerpen1983€158,940€95,835€107,397-€2,482-2025
PIESSEN RONNY Brasschaat2005€86,308€25,940€81,853-€51,751-2025
MICHLO Nijlen2015€132,208€22,420€129,247-€101,960-2025

They were chosen from the 208 other active companies with that main activity and annual accounts from the past two years. All companies with this main activity

Companies with the same profile, two years later

Historical observation

In July 2024, 3,818 companies had the same profile as UNITANKERS has now. Two years later, 1.0% had gone bankrupt and 95.1% were still going.

  • Micro
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more
1.0% went bankrupt
3.7% stopped otherwise
95.1% was still going

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of UNITANKERS itself: 0.6% within 12 months.

Test of the method

The method was tested on the 497,445 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the 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% 0.9%
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%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 3,818 companies, not a prediction for UNITANKERS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 30 lines

Source: Annual accounts 2025 at the NBB, filed on 14-10-2026.

Balance sheet Code20242025
Assets
Total assets20/58€10,237€20,296▲
Current assets29/58€10,237€20,296▲
Amounts receivable within one year40/41€7,500€45▼
Other amounts receivable41€7,500€45▼
Cash at bank and in hand54/58€2,737€20,252▲
Equity and liabilities
Total equity and liabilities10/49€10,237€20,296▲
Equity10/15-€10,914€4,774▲
Contributions10/11€18,592€18,592=
Capital10€18,592-
Issued capital100€18,592-
Profit (loss) carried forward14-€29,506-€13,818▲
Amounts payable17/49€21,151€15,522▼
Amounts payable within one year42/48€21,151€522▼
Trade debts44€21,151€522▼
Suppliers440/4€21,151€522▼
Accrued charges and deferred income492/3-€15,000
Income statement Code20242025
Goods, raw materials, services and sundry goods60/61€1,236-
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€282,198
Other operating charges640/8€505€607▲
Gross operating margin9900-€1,236€917,341▲
Operating profit (loss)9901-€1,741€634,536▲
Financial income75/76B€500€29,496▲
Recurring financial income75€500€29,496▲
Financial charges65/66B€353€648,343▲
Recurring financial charges65€353€648,343▲
Profit (loss) for the period before taxes9903-€1,594€15,689▲
Profit (loss) for the period9904-€1,594€15,689▲
Profit (loss) for the period to be appropriated9905-€1,594€15,689▲
Appropriation of the result
Profit (loss) to be appropriated9906-€29,506-€13,818▲
Profit (loss) brought forward from the previous period14P-€27,912-€29,506▼

The notes to these accounts have 1 item. You find them in the accounts filed with the NBB.

Line20182019202020212022202320242025Change
Turnover70€516,234--------
Goods, raw materials, services and sundry goods60/61---€2,114€5,246€1,020€1,236--
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-------€282,198-
Other operating charges640/8---€521€228€579€505€607▲ 20.3%
Gross operating margin9900----€2,114-€5,246-€1,020-€1,236€917,341-
Operating profit (loss)9901€98,334-€1,190-€2,316-€2,635-€5,474-€1,599-€1,741€634,536-
Financial income75/76B-----€125€500€29,496▲ 59×
Recurring financial income75€0----€125€500€29,496▲ 59×
Financial charges65/66B---€48€48€47€353€648,343▲ 1,837×
Recurring financial charges65€29€32€146€48€48€47€353€648,343▲ 1,837×
Debt charges650--€146------
Profit (loss) for the period before taxes9903€98,305-€1,222-€2,462-€2,683-€5,522-€1,521-€1,594€15,689-
Income taxes67/77€9,417--------
Profit (loss) for the period9904€88,888-€1,222-€2,462-€2,683-€5,522-€1,521-€1,594€15,689-
Profit (loss) for the period to be appropriated9905€88,888-€1,222-€2,462-€2,683-€5,522-€1,521-€1,594€15,689-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€285,025€285,689€274,116€271,433€15,910€34,895€10,237€20,296▲ 98.3%
Fixed assets21/28€5,206€5,206€5,206€5,206€0----
Financial fixed assets28€5,206€5,206€5,206€5,206€0----
Current assets29/58€279,820€280,483€268,910€266,227€15,910€34,895€10,237€20,296▲ 98.3%
Amounts receivable after more than one year29---€250,000-----
Other amounts receivable291---€250,000-----
Amounts receivable within one year40/41€26,957€93€93€93-€24,000€7,500€45▼ 99.4%
Other amounts receivable41---€93-€24,000€7,500€45▼ 99.4%
Cash at bank and in hand54/58€2,863€30,391€18,817€16,134€15,910€10,895€2,737€20,252▲ 640%
Equity and liabilities
Total equity and liabilities10/49€285,025€285,689€274,116€271,433€15,910€34,895€10,237€20,296▲ 98.3%
Equity10/15€4,090€2,868€406-€2,277-€7,799-€9,320-€10,914€4,774-
Contributions10/11€18,592€18,592€18,592€18,592€18,592€18,592€18,592€18,592=
Capital10---€18,592€18,592€18,592€18,592--
Issued capital100---€18,592€18,592€18,592€18,592--
Profit (loss) carried forward14-€14,502-€15,724-€18,186-€20,869-€26,391-€27,912-€29,506-€13,818▲ 53.2%
Amounts payable17/49€280,936€282,821€273,710€273,710€23,709€44,215€21,151€15,522▼ 26.6%
Amounts payable within one year42/48€280,936€282,821€273,710€273,710€23,709€44,215€21,151€522▼ 97.5%
Trade debts44€271,518€282,821€273,710€273,710€23,709€24,215€21,151€522▼ 97.5%
Suppliers440/4---€273,710€23,709€24,215€21,151€522▼ 97.5%
Other amounts payable47/48-----€20,000---
Accrued charges and deferred income492/3-------€15,000-
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€88,888-€1,222-€2,462-€2,683-€5,522-€1,521-€1,594€15,689-
Operating cash flow (approximation)€88,888-€1,222-€2,462-€2,683-€5,522-€1,521-€1,594€15,689-
Investment in fixed assets (approximation)-€0€0-€0€5,206----
Change in cash-€27,528-€11,573-€2,683-€224-€5,015-€8,158€17,515-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Latest 10 of 32 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 abbreviated format 14-10-2026 2026-00556696 NBB
31-12-2024 abbreviated format 29-08-2025 2025-00434252 PDF
31-12-2023 abbreviated format 02-08-2024 2024-00325001 PDF
31-12-2022 abbreviated format 26-07-2023 2023-00280183 PDF
31-12-2021 abbreviated format 29-08-2022 2022-20330578 PDF
31-12-2020 full format 26-08-2021 2021-54100569 PDF
31-12-2019 full format 30-10-2020 2020-65000369 PDF
31-12-2018 full format 30-08-2019 2019-59200254 PDF
31-12-2017 full format 22-08-2018 2018-48100240 PDF
31-12-2016 full format 31-08-2017 2017-52500147 PDF

Show all 32 filings

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