United Drinx

Active

Public limited companyfounded 201412 yrs activeOostlaan 7, 8560 Wevelgem, BelgiumKBO/BCE: BE 0548.860.147

United Drinx has been active since 2014 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €62k and a net result of €0. Equity remains stable across the filed fiscal years (±0% per year). Its solvency ranks better than 12% of 9017 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.6% (low).

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Checked score

Score 2024

40 / 100

Weak▼ -10 vs 2023

The score combines four axes. Every signal that weighs is under Signals.

Axes · tick = 2023

Profitability12

Solvency17▲+1

Growth53▲+6

Stability100

Bankruptcy probability, 12 months

0.6% Low

0%0.5%1.5%4%10%≥ 25%

Credit up to €3k at 30 days only on tighter terms

Liquidity tight (current ratio 1.07 against 1.06 in 2023), and 93.8% of the assets are financed with debt.

How do we compute the score and the probability?

Credit advice for your own amount and term

Signals

Six signals. The signal on the left, the evidence on the right.

−lowers risk+raises risk○neutral

Lower-risk legal form

Companies with this legal form statistically fail less often than a BV.

KBO · legal form

Higher-failure-rate sector

In this sector companies fail more often than the Belgian average.

Gazette · bankruptcies per sector, NACE 46

Relative position

BE, all sectors

reference

Sector 46

higher

← fewer bankruptcies more bankruptcies →

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

Weak solvency vs sector

Solvency (equity / total assets) is in the sector's weakest quartile: better than 12% of 9017 sector peers (2024).

NBB · sector comparison

Position among 9017 sector peers

Solvency

better than 12%

← weakest strongest →

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 20-01-2026, 173 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

173 d late

2023

149 d late

2022

3 d early

2021

5 d early

2020

88 d late

2019

2 d early

← before the deadline after the deadline →

No strike-offs in the KBO publications

We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

KBO publications · our coverage

Financials · fiscal year 2024, abbreviated schema

Turnover

€2.42M▲ 19.3%

2023 · €2.03M

2018: €1.86M 2019: €1.80M 2020: €1.56M 2021: €2.04M 2022: €2.21M 2023: €2.03M

2018 → 2024

EBIT margin

0.0%=

2023 · 0.0%

2018: 0.0% 2019: 0.0% 2020: 0.0% 2021: 0.0% 2022: 0.0% 2023: 0.0%

2018 → 2024

Net result

€0

2022 · €0

2022: €0

2022 → 2024

Working capital

€63k=

2023 · €63k

2018: €69k 2019: €69k 2020: €69k 2021: €63k 2022: €66k 2023: €63k

2018 → 2024

Multi-year overview

Every figure with its change against the year before

▲ rise ▼ fall

Line20202021202220232024Trend

Turnover€1.56M-€2.04M▲ 30.5%€2.21M▲ 8.4%€2.03M▼ 8.2%€2.42M▲ 19.3%

Equity€62k-€62k=€62k=€62k=€62k=

Operating result€124-€180▲ 45.3%€299▲ 65.9%€595▲ 98.9%€749▲ 25.9%

Net result€0€0

Turnover and EBIT margin not published: the abbreviated schema does not require them.

Result per fiscal year

Operating resultNet result

The operating result has risen four years in a row; 2024 is 26% above 2023 and is the highest year so far.

Balance-sheet composition

2024 in colour, 2023 as the grey bar beneath

Equity and liabilities €1.01M

93.8%

Equity €62k=

Debt €948k▼ 13.1%

The debt ratio falls from 94.6% to 93.8%: debt is paid down.

Key figures and ratios

2024 value · change against 2023

Solvency

6.2%▲

2023 · 5.4%

Current ratio

1.07▲

2023 · 1.06

Quick ratio

1.07▲

2023 · 1.06

Debt / equity

15.19▼

2023 · 17.48

ROE

0.0%

ROA

0.0%

Debt

€948k▼

2023 · €1.09M

Debt ≤ 1 year

€947k▼

2023 · €1.09M

Income taxes

€66▼

2023 · €101

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 · 2024 against 2023

Balance sheet Code20232024

Assets

Total assets20/58€1.15M€1.01M▼

Current assets29/58€1.15M€1.01M▼

Amounts receivable within one year40/41€1.14M€1.01M▼

Trade receivables40€803k€681k▼

Other amounts receivable41€341k€326k▼

Cash at bank and in hand54/58€9k€3k▼

Equity and liabilities

Total equity and liabilities10/49€1.15M€1.01M▼

Equity10/15€62k€62k=

Contributions10/11€62k€62k=

Capital10€62k€62k=

Issued capital100€62k€62k=

Amounts payable17/49€1.09M€948k▼

Amounts payable within one year42/48€1.09M€947k▼

Trade debts44€1.08M€947k▼

Suppliers440/4€1.08M€947k▼

Taxes, remuneration and social security45€11k€65▼

Taxes450/3€11k€65▼

Accrued charges and deferred income492/3€1k€1k=

Income statement Code20232024

Turnover70€2.03M€2.42M▲

Goods, raw materials, services and sundry goods60/61€2.03M€2.42M▲

Other operating charges640/8€1k€1k=

Gross operating margin9900€2k€2k▲

Operating profit (loss)9901€595€749▲

Financial charges65/66B€494€683▲

Recurring financial charges65€494€683▲

Profit (loss) for the period before taxes9903€101€66▼

Income taxes67/77€101€66▼

Profit (loss) for the period9904-€0

Profit (loss) for the period to be appropriated9905€0€0=

Appropriation of the result

Profit (loss) to be appropriated9906-€0

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