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UNITED ENTERPRISES

Active
Private limited companyfounded 2018active for 8 yearsWaterloose Steenweg 200/8, 1640 Sint-Genesius-Rode, BelgiumKBO/BCE: BE 0702.768.463
Summary

The computed 12-month bankruptcy probability of UNITED ENTERPRISES is 8.1% (elevated). The 2024 annual accounts show negative equity (-€7,008) and a net result of -€5,537. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 22% of 18,960 sector peers (NACE 56, financial year 2024). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
Cafés and bars
NACE 56301
2 sites
Size
€50,615total assets 2024
Equity
-€7,008
Loss
-€5,537
Turnover not published (micro format)
Financial health
32 Weak Checked score 2024
Bankruptcy probabilitywithin 12 months
8.1%
Structure
Accounts 70 days overdue2 of 13 deeds read
Why 32raises risk1 financial year not filed after the legal deadline; latest accounts 131 days late; 3 of the last 3 lateFigures for financial year 2024 (filed 14-12-2025)Sector: Food and beverage service activities (NACE 56)Founded in 2018Show the evidence

Checked score

Score 2024
32 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 22% of its sector peers (NACE 56, micro)
Financial strength · tick = 2023
Weak
Solvency 11-11
equity -13.8% of total assets
Liquidity 32-3
short-term debt 110.4% · cash 25.6%
Profitability 55-22
return on assets -10.9%
Bankruptcy probability, 12 months
8.1% Elevated
0%0.5%1.5%4%10%≥ 25%

About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.8% (23,704 companies, NACE 56, micro)
Last 24 months 11-2024: 18.5%highest value 12-2024: 6.7%▼ -11.8 percentage points vs 11-2024 01-2025: 6.7%● unchanged vs 12-2024 02-2025: 6.7%● unchanged vs 01-2025 03-2025: 6.6%▼ -0.1 percentage points vs 02-2025 04-2025: 7.7%▲ +1.1 percentage points vs 03-2025 05-2025: 4.8%▼ -2.9 percentage points vs 04-2025 06-2025: 4.7%▼ -0.1 percentage points vs 05-2025lowest value 07-2025: 4.7%● unchanged vs 06-2025 08-2025: 5.7%▲ +1.0 percentage point vs 07-2025 09-2025: 6.1%▲ +0.4 percentage points vs 08-2025 10-2025: 7.4%▲ +1.3 percentage points vs 09-2025 11-2025: 7.4%● unchanged vs 10-2025 12-2025: 9.0%▲ +1.6 percentage points vs 11-2025 01-2026: 6.1%▼ -2.9 percentage points vs 12-2025 02-2026: 6.2%▲ +0.1 percentage points vs 01-2026 03-2026: 6.1%▼ -0.1 percentage points vs 02-2026 04-2026: 5.8%▼ -0.3 percentage points vs 03-2026 05-2026: 5.7%▼ -0.1 percentage points vs 04-2026 06-2026: 5.4%▼ -0.3 percentage points vs 05-2026 07-2026: 5.4%● unchanged vs 06-2026 08-2026: 6.4%▲ +1.0 percentage point vs 07-2026 09-2026: 6.9%▲ +0.5 percentage points vs 08-2026 10-2026: 8.1%▲ +1.2 percentage points vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.48, compared with 0.3 in 2023; short-term debt: 110.4% and cash: 25.6% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (NACE 56, micro): better than 21% on solvency, 26% on liquidity, 38% on profitability and 2% on growth.

The bankruptcy probability was computed on 08-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
+raises risk
raises risk · 1 financial year not filed after the legal deadline; latest accounts 131 days late; 3 of the last 3 late
NBB · filings
raises risk · Figures for financial year 2024 (filed 14-12-2025)
NBB · annual accounts
raises risk · Sector: Food and beverage service activities (NACE 56)
KBO
raises risk · Founded in 2018
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024
Equity per financial year
192021222324
2019 to 2024 · latest year -€7,008
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 09-12-2025, 131 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers.
NBB · 6 filings
Deviation from the deadline
2025
not confirmed
2024
131 days late
2023
97 days late
2022
31 days late
2021
44 days early
2020
61 days late
2019
54 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 55 days after the deadline; the sector median (NACE 56) for financial year 2024 is 6 days after the deadline, and 53% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointment: RAMADAN RAFIK (director)Resignation: ABBAS MUSTAFA (director) ·…
  2. Resignation: AL RAMADAN WLED (director)Appointment: ABBAS MUSTAFA (director) ·…
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Risk: Negative equityfinancial year 2024: debts exceed assets -€7,008 View
  • Caution: Accounts not fileddeadline was 31-07-2026 70 days late View
  • Board changedlatest change 18-05-2026 · 2 in office 2 joined · 1 left View

By topic

Financials

Financial year
2024
Total assets
€50,615
Loss
-€5,537
Solvency
-13.8%
Turnover▼ 56.3%
Net result
20192022
Go to Financials

Timeline

Events
11
Since
2020
  1. 05-11-2024Annual accounts filed
  2. 31-12-2023Back to profit
  3. 31-08-2023Annual accounts filed
Go to Timeline

Company details

Sites
2
Legal form
Private limited company
Activity
Cafés and barsNACE 56301
Founded
04-09-2018
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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