United Technologies EU
ActiveUnited Technologies EU has been active since 2019 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €135k and a net result of €-175k. Equity is growing by ~33.3% per year across the filed fiscal years. Its solvency ranks better than 36% of 1556 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 1.1% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability0▼-70
Solvency52▼-12
Growth60▼-25
Stability100
Bankruptcy probability, 12 months
1.1%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €6k at 30 days acceptable
Liquidity tight (current ratio 1.39 against 1.5 in 2023), and 72.1% of the assets are financed with debt.
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
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
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 2024Solvency, return and age of the figures
Solvency
27.9%
Return on assets
-36%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 30-11-2024 was due by 30-06-2025 and was filed on 02-07-2025, 2 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 · 6 filingsDeviation from the deadline
2025
not confirmed
2024
2 d late
2023
337 d late
2022
16 d early
2021
7 d late
2020
on the day
2019
44 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€1.21M▼ 46.1%
2023 · €2.25M
2020: €750k
2021: €2.18M
2022: €2.38M
2023: €2.25M
2020 → 2024
EBIT margin
-12.9%▼ 17.2pp
2023 · 4.3%
2020: 4.8%
2021: 6.3%
2022: 4.7%
2023: 4.3%
2020 → 2024
Net result
€-175k
2023 · €64k
2019: €-30k
2020: €35k
2021: €94k
2022: €47k
2023: €64k
2019 → 2024
Working capital
€135k▼ 56.4%
2023 · €310k
2019: €70k
2020: €105k
2021: €198k
2022: €246k
2023: €310k
2019 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€750k-€2.18M▲ 190%€2.38M▲ 9.3%€2.25M▼ 5.2%€1.21M▼ 46.1%
Equity€105k-€198k▲ 89.8%€246k▲ 23.7%€310k▲ 26.1%€135k▼ 56.4%
Operating result€36k-€137k▲ 283%€112k▼ 17.9%€97k▼ 13.8%€-157k
Net result€35k-€94k▲ 169%€47k▼ 49.8%€64k▲ 35.8%€-175k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €157k after €97k in 2023, the lowest year so far.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €485k
Equity
€135k▼ 56.4%
Debt
€350k▼ 43.5%
The debt ratio rises from 66.7% to 72.1%: equity shrinks faster than debt is paid down.
Key figures and ratios
Solvency
27.9%▼
2023 · 33.3%
Current ratio
1.39▼
2023 · 1.50
Quick ratio
1.39▼
2023 · 1.50
Debt / equity
2.59▲
2023 · 2.00
ROE
-129.3%▼
2023 · 20.7%
ROA
-36.0%▼
2023 · 6.9%
Debt
€350k▼
2023 · €619k
Debt ≤ 1 year
€350k▼
2023 · €619k
Income taxes
€25k▼
2023 · €36k
Staff costs
€787k▼
2023 · €1.44M
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€928k€485k▼
Current assets29/58€928k€485k▼
Stocks and contracts in progress3€0€0=
Amounts receivable within one year40/41€928k€297k▼
Trade receivables40€905k€289k▼
Other amounts receivable41€24k€9k▼
Cash at bank and in hand54/58-€187k
Deferred charges and accrued income490/1€0-
Equity and liabilities
Total equity and liabilities10/49€928k€485k▼
Equity10/15€310k€135k▼
Contributions10/11€100k€100k=
Profit (loss) carried forward14€210k€35k▼
Amounts payable17/49€619k€350k▼
Amounts payable within one year42/48€619k€350k▼
Trade debts44€20k€8k▼
Suppliers440/4€20k€8k▼
Taxes, remuneration and social security45€374k€182k▼
Taxes450/3€32k€58k▲
Remuneration and social security454/9€342k€123k▼
Other amounts payable47/48€224k€160k▼
Income statement
Code20232024
Operating income70/76A€2.25M€1.21M▼
Turnover70€2.25M€1.21M▼
Operating charges60/66A€2.16M€1.37M▼
Goods for resale, raw materials and consumables60€5k€2k▼
Purchases600/8€5k€2k▼
Services and other goods61€712k€366k▼
Remuneration, social security and pensions62€1.44M€787k▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4-€217k
Other operating charges640/8€0-
Operating profit (loss)9901€97k€-157k▼
Financial income75/76B€13k€12k▼
Recurring financial income75€13k€12k▼
Income from current assets751€12k€722▼
Other financial income752/9€1k€11k▲
Financial charges65/66B€10k€5k▼
Recurring financial charges65€10k€5k▼
Other financial charges652/9€10k€5k▼
Profit (loss) for the period before taxes9903€100k€-150k▼
Income taxes67/77€36k€25k▼
Taxes670/3€36k€25k▼
Profit (loss) for the period9904€64k€-175k▼
Profit (loss) for the period to be appropriated9905€64k€-175k▼
Appropriation of the result
Profit (loss) to be appropriated9906€210k€35k▼
Profit (loss) brought forward from the previous period14P€146k€210k▲
Social balance
Average headcount (FTE)90876.05.1▼
The notes to these accounts (25 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 2 days late
02-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 337 days late
2024
30-11
Financial
Weakest financial yearnet €-175k ▼373%
Net result drops to €-175k, the lowest in the series.
2023
14-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
30-11
Financial
Equity above €200kEq €246k ▲23.7%
3 profitable years in a row build equity to €246k.
07-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 7 days late
2021
30-11
Financial
Highest result since 2019net €94k ▲169%
Operating result €137k, net result €94k, both a record.
30-11
Financial
Equity above €150kEq €198k ▲89.8%
2 profitable years in a row build equity to €198k.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
30-11
Financial
Back to profitnet €35k
Net result €35k after one loss-making year.
30-11
Financial
Equity above €100kEq €105k ▲50.1%
Equity rises from €70k to €105k.
13-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 44 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
9 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, Sint-Joost-ten-Node · 1 establishment unit since 2019
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.
Sint-Lazaruslaan 4-101210 Sint-Joost-ten-NodeGround area
3,162 m²
Building footprint
2,256 m²
Volume, LiDAR
107,414 m³
Parcel 21014A0112/00K002, Brussels · tallest building 79.3 m, ±19 floors. Linked by address, not a title deed.
1 establishment unit
Sint-Lazaruslaan 4-10, 1210 Sint-Joost-ten-Node
since 20192.288.822.787
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21014A0112/00K002 | Brussels | 3,162 m² | 1 · 2,256 m² | 79.3 m · 19 fl. |
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.
Structure & network
Group per the LEI register
1 parent companyParent company:RTX CORPORATION
Recognitions · licences · registrations
Legal Entity Identifier
5493004Y2DCCOWZPI023
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Of 29,889 companies in sector 62200 we hold annual accounts for 18,318. 15,348 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded30-04-2019
Fiscal year end30-11
Activities, NACEBEL
62020IT consultancy
62030Computer programming, consultancy and related activities
62200Computer consultancy and computer facilities management
63100Computing infrastructure, data processing, hosting and related activities
63110Computing infrastructure, data processing, hosting and other information service activities
63920Other information service activities
63990Computing infrastructure, data processing, hosting and other information service activities
Sources
Crossroads Bank for EnterprisesNational Bank · 6 filingsAddress and cadastre registers
Data from official sources, last processed on 14-09-2026. Scores and ratios are computed by Checked and are not a credit decision.