United Beet Seeds
ActiveFrom the official registers: KBO 2 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
The computed 12-month bankruptcy probability of United Beet Seeds is 2.0% (moderate). The annual accounts of United Beet Seeds for financial year 2025 show a net loss of 716% of the equity at the start of that year. The 2025 annual accounts show equity of €659.4m and a net result of -€683,693. Its solvency ranks better than 95% of 271 sector peers (NACE 72, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Official details
KBO- Status
- Active since 14-02-2024 Normal situation
- Activity
- Other research and development on natural sciences NACE 72109
- Establishment unit
- 2.363.021.255 3300 Tienen, since 24-07-2024
- Financial year end
- 30 June
- Peppol
- Reachable
Board and ownership
- BARTLEM Derek GrahamDirector · since 14-02-2024
- DESPREZ Bruno Florimond HenriDirector · since 14-02-2024
- DESPREZ FlorimondDirector · since 14-02-2024
- DESPREZ François Florimond Charles VictorDirector · since 14-02-2024
- FD ADMIRAL75%annual accounts 30-06-2025
- FLORIMOND DESPREZ VEUVE ET FILS SASconsolidatesannual accounts 30-06-2025
- DLF SEED A/S25%annual accounts 30-06-2025
- Holdings
- Shares in 10 companies including DLF Beet Seed ApS and DLF Beet Seed Italia SRL
Financial position
- Bankruptcy probabilitywithin 12 months
- 2.0%
- Gross margin
- -€806,283
- ▼ 20,057%
- Loss
- €683,693
- ▲ 151×
- Equity
- €659.4m
- ▲ 6,908×
- Total assets
- €677.2m
- ▲ 6,700×
Score breakdownraises riskLiquidity: current ratio 1.40Last filed accounts filed 171 days late; 1 of the last 3 accounts latelowers riskSector: Scientific research and development (NACE 72)Size: total assets €677.2mShow the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (all companies). It does better than 93% of them on solvency, 99% on liquidity, 15% on profitability and 99% on growth.
The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 2 accounts on average 76 days after the deadline. In the sector (NACE 72), the median for financial year 2024 was 13 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
Key points
Comparable companies
These companies have the same main activity as United Beet Seeds: other research and development on natural sciences (NACE 72109). They are comparable in size and age: total assets between €70m and €447m, founded between 2006 and 2021.
| Company | Total assets | Gross margin |
|---|---|---|
| United Beet Seeds Tienen | €677.2m | -€0.8m |
| MYRRHA Brussel | €316.4m | - |
| Legend Biotech Belgium Gent | €142.4m | - |
| Phinaïs Sint-Pieters-Woluwe | €70.0m | -€0.4m |
| GLOBAL SEA MINERAL RESOURCES Oostende | €129.7m | -€0.8m |
| DEME CONCESSIONS Beveren-Kruibeke-Zwijndrecht | €209.7m | - |
| FONDS DE LA RECHERCHE SCIENTIFIQUE-FNRS Brussel | €446.5m | - |
Documents
Annual accounts at the NBB
- Annual accounts 2025filed on 20-07-2026
- Annual accounts 2024filed on 13-01-2025
Acts in the Belgian Official Gazette
- Capital & shares · Amendment of the articlesact of 05-12-2024
- Incorporationact of 16-02-2024
Articles and registers
- Coordinated articles of associationnotaries' database
- Entry in the KBO registerKBO Public Search
Key facts about United Beet Seeds
- What is the company number of United Beet Seeds?
- The company number of United Beet Seeds is 1005.997.787. The VAT number is the same number with BE in front: BE 1005.997.787.
- Where is United Beet Seeds based?
- The registered office is at Industriepark 15, 3300 Tienen.Company details
- What does United Beet Seeds do?
- According to the KBO register, the main activity is other research and development on natural sciences (NACE 72109).
- What is the legal form of United Beet Seeds?
- The legal form of United Beet Seeds is Private limited company (BV).
- When was United Beet Seeds founded?
- United Beet Seeds was founded on 14-02-2024.
- Is United Beet Seeds still active?
- Yes, United Beet Seeds is an active enterprise in the KBO register.
- What is the turnover of United Beet Seeds?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
- Is United Beet Seeds profitable?
- In financial year 2025, United Beet Seeds made a loss of €683,693.
- Where can I find the annual accounts of United Beet Seeds?
- United Beet Seeds filed 2 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
- When are the next annual accounts of United Beet Seeds due?
- United Beet Seeds must file the annual accounts for financial year 2026 by 31-01-2027.Timeline
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