UNITED BRAINS
ActiveUNITED BRAINS has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-236k) and a net result of €-47k. Equity is shrinking by ~60.5% per year across the filed fiscal years. Its solvency ranks better than 5% of 1514 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
37
/ 100
Weak
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.02 against 0.04 in 2024; cash: 39.2% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Eight 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 2025Solvency, return and age of the figures
Return on assets
-831.2%
Age of the figures
9 mo
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 59
Relative position
BE, all sectors
reference
Sector 59
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
1819202122232425
2018 to 2025 · latest year €-236k
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-08-2026, 28 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
28 d late
2024
6 d early
2023
2 d late
2022
56 d late
2021
19 d late
2020
59 d early
2019
110 d late
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
22-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€-236k▼ 24.9%
2024 · €-189k
2018: €36k
2019: €43k
2020: €7k
2021: €-45k
2022: €-106k
2023: €-146k
2024: €-189k
2018 → 2025
Total assets
€6k▼ 40.2%
2024 · €9k
2018: €51k
2019: €58k
2020: €31k
2021: €37k
2022: €21k
2023: €20k
2024: €9k
2018 → 2025
Net result
€-47k▼ 9.6%
2024 · €-43k
2018: €8k
2019: €7k
2020: €-36k
2021: €-52k
2022: €-60k
2023: €-40k
2024: €-43k
2018 → 2025
Working capital
€-236k▼ 24.1%
2024 · €-190k
2018: €34k
2019: €42k
2020: €5k
2021: €-52k
2022: €-110k
2023: €-148k
2024: €-190k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€-45k-€-106k▼ 133%€-146k▼ 38.2%€-189k▼ 29.3%€-236k▼ 24.9%
Operating result€-50k-€-59k▼ 17.8%€-40k▲ 32.8%€-43k▼ 7.6%€-47k▼ 9.6%
Net result€-52k-€-60k▼ 15.9%€-40k▲ 33.1%€-43k▼ 6.2%€-47k▼ 9.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €47k in 2025 against €43k in 2024; the loss grows.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €6k
Fixed assets
€323▼ 76.1%
Current assets
€5k▼ 34.1%
Key figures and ratios
EBITDA
€-46k▼
2024 · €-42k
Cash flow
€-46k▼
2024 · €-42k
Current ratio
0.02▼
2024 · 0.04
Quick ratio
0.02▼
2024 · 0.04
Debt / equity
-1.02▲
2024 · -1.05
ROA
-831.2%▼
2024 · -454.0%
Interest coverage
-304.77▲
2024 · -307.50
Debt
€241k▲
2024 · €198k
Debt ≤ 1 year
€241k▲
2024 · €198k
A ratio outside any meaningful range has been withheld (balance sheet total €6k, equity €-236k).
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€9k€6k▼
Fixed assets21/28€1k€323▼
Tangible fixed assets22/27€1k€323▼
Furniture and vehicles24€1k€323▼
Current assets29/58€8k€5k▼
Amounts receivable within one year40/41€1k€3k▲
Trade receivables40-€1k
Other amounts receivable41€1k€2k▲
Cash at bank and in hand54/58€7k€2k▼
Deferred charges and accrued income490/1€80-
Equity and liabilities
Total equity and liabilities10/49€9k€6k▼
Equity10/15€-189k€-236k▼
Contributions10/11€12k€12k=
Reserves13€31k€31k=
Distributable reserves133€31k€31k=
Profit (loss) carried forward14€-232k€-279k▼
Amounts payable17/49€198k€241k▲
Amounts payable within one year42/48€198k€241k▲
Trade debts44€453€675▲
Suppliers440/4€453€675▲
Taxes, remuneration and social security45€38k€66k▲
Remuneration and social security454/9€38k€66k▲
Other amounts payable47/48€160k€174k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▼
Gross operating margin9900€-42k€-46k▼
Operating profit (loss)9901€-43k€-47k▼
Financial charges65/66B€135€150▲
Recurring financial charges65€135€150▲
Profit (loss) for the period before taxes9903€-43k€-47k▼
Profit (loss) for the period9904€-43k€-47k▼
Profit (loss) for the period to be appropriated9905€-43k€-47k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-232k€-279k▼
Profit (loss) brought forward from the previous period14P€-189k€-232k▼
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
28-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 28 days late
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
02-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 2 days late
2023
25-09
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 56 days late
2022
31-12
Financial
Weakest financial yearnet €-60k
Net result drops to €-60k, the lowest in the series; recovery starts the following year.
19-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 19 days late
2021
02-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
18-11
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 110 days late
2019
12-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 12 days late
2018
13-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 13 days late
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 16 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Les Bons Villers · 1 establishment unit since 2006
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue Burlet(REV) 136210 Les Bons VillersGround area
2,560 m²
Building footprint
314 m²
Parcel 52059B0019/00D000, Wallonia. Linked by address, not a title deed.
1 establishment unit
UNITED BRAINS
since 20062.151.488.110
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 52059B0019/00D000 | Wallonia | 2,560 m² | 1 · 314 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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EXPLORATION DU MONDE
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FONTANA RH
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Of 1,323 companies in sector 59111 we hold annual accounts for 688. 362 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded01-02-2006
Fiscal year end31-12
Activities, NACEBEL
59111Production of cinema films
Sources
Crossroads Bank for EnterprisesNational Bank · 20 filingsAddress and cadastre registers
Data from official sources, last processed on 21-09-2026. Scores and ratios are computed by Checked and are not a credit decision.