United Traders Group
ActiveThe computed 12-month bankruptcy probability of United Traders Group is 2.1% (moderate). The 2025 annual accounts show equity of €88k and a net result of €57k. Equity is shrinking by ~4.2% per year across the filed fiscal years. Its solvency ranks better than 59% of 13061 sector peers (fiscal year 2025). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
81
/ 100
Excellent▲ +18 vs 2024
The score combines four axes. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency67▲+22
Growth32=
Stability100
Bankruptcy probability, 12 months
2.1%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity tight (current ratio 1.23 against 0.94 in 2024), and 59.4% 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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 56
Relative position
BE, all sectors
reference
Sector 56
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
40.6%
Return on assets
26.3%
Age of the figures
8 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 10-06-2026, 51 days ahead of the deadline.
NBB · 9 filingsDeviation from the deadline
2025
51 d early
2024
30 d early
2023
12 d early
2022
11 d early
2021
62 d early
2020
37 d early
2019
50 d early
← 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
14-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€88k▲ 72.4%
2024 · €51k
2018: €106k
2019: €111k
2020: €27k
2021: €167k
2022: €62k
2023: €88k
2024: €51k
2018 → 2025
Total assets
€217k▲ 26.4%
2024 · €171k
2018: €170k
2019: €180k
2020: €318k
2021: €253k
2022: €188k
2023: €162k
2024: €171k
2018 → 2025
Net result
€57k▼ 22.7%
2024 · €74k
2018: €80k
2019: €85k
2020: €168k
2021: €141k
2022: €107k
2023: €52k
2024: €74k
2018 → 2025
Working capital
€19k
2024 · €-7k
2018: €33k
2019: €43k
2020: €-39k
2021: €91k
2022: €3k
2023: €37k
2024: €-7k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€167k-€62k▼ 63.1%€88k▲ 43.2%€51k▼ 42.4%€88k▲ 72.4%
Operating result€195k-€143k▼ 26.8%€75k▼ 47.2%€97k▲ 28.1%€82k▼ 15.4%
Net result€141k-€107k▼ 24.3%€52k▼ 51.0%€74k▲ 40.8%€57k▼ 22.7%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2025; 2025 is 15% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €217k
Fixed assets
€115k▲ 92.7%
Current assets
€102k▼ 8.9%
Equity and liabilities €217k
Equity
€88k▲ 72.4%
Debt
€129k▲ 6.9%
The debt ratio falls from 70.2% to 59.4%: equity grows faster than debt.
Key figures and ratios
EBITDA
€110k▼
2024 · €120k
Cash flow
€85k▼
2024 · €97k
Solvency
40.6%▲
2024 · 29.8%
Current ratio
1.23▲
2024 · 0.94
Quick ratio
1.17▲
2024 · 0.90
Debt / equity
1.46▼
2024 · 2.36
ROE
64.8%▼
2024 · 144.4%
ROA
26.3%▼
2024 · 43.0%
Interest coverage
40.09▼
2024 · 125.56
Debt
€129k▲
2024 · €120k
Debt ≤ 1 year
€83k▼
2024 · €119k
Debt > 1 year
€46k▲
2024 · €1k
Income taxes
€22k▲
2024 · €22k
Staff costs
€190k▲
2024 · €171k
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€171k€217k▲
Fixed assets21/28€60k€115k▲
Tangible fixed assets22/27€57k€112k▲
Plant, machinery and equipment23€18k€11k▼
Furniture and vehicles24€38k€101k▲
Other tangible fixed assets26€1k€279▼
Financial fixed assets28€3k€3k=
Current assets29/58€112k€102k▼
Stocks and contracts in progress3€4k€5k▲
Stocks30/36€4k€5k▲
Amounts receivable within one year40/41€2k€27k▲
Trade receivables40-€21k
Other amounts receivable41€2k€6k▲
Cash at bank and in hand54/58€104k€69k▼
Deferred charges and accrued income490/1€1k€903▼
Equity and liabilities
Total equity and liabilities10/49€171k€217k▲
Equity10/15€51k€88k▲
Contributions10/11€1k€1k=
Reserves13€50k€87k▲
Distributable reserves133€50k€87k▲
Amounts payable17/49€120k€129k▲
Amounts payable after more than one year17€1k€46k▲
Financial debts170/4€1k€46k▲
Amounts payable within one year42/48€119k€83k▼
Current portion of amounts payable after more than one year42€8k€19k▲
Trade debts44€14k€16k▲
Suppliers440/4€14k€16k▲
Taxes, remuneration and social security45€22k€27k▲
Taxes450/3€3k€8k▲
Remuneration and social security454/9€19k€20k▲
Other amounts payable47/48€75k€21k▼
Income statement
Code20242025
Non-recurring operating income76A€4k€4k▼
Remuneration, social security and pensions62€171k€190k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€23k€28k▲
Other operating charges640/8€2k€2k▲
Non-recurring operating charges66A€989-
Gross operating margin9900€294k€302k▲
Operating profit (loss)9901€97k€82k▼
Financial income75/76B€3€24▲
Recurring financial income75€3€24▲
Financial charges65/66B€956€3k▲
Recurring financial charges65€956€3k▲
Profit (loss) for the period before taxes9903€96k€79k▼
Income taxes67/77€22k€22k▲
Profit (loss) for the period9904€74k€57k▼
Profit (loss) for the period to be appropriated9905€74k€57k▼
Appropriation of the result
Profit (loss) to be appropriated9906€74k€57k▼
Transfer from equity791/2€38k-
Transfer to equity691/2-€37k
To other reserves6921-€37k
Profit to be distributed694/7€111k€20k▼
Return on contributions (dividend)694€111k€20k▼
The notes to these accounts (7 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
10-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
01-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
19-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €52k ▼51%
Net result drops to €52k, the lowest in the series; recovery starts the following year.
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
30-05
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Liquidity doublescurrent ratio 2.05
Current ratio from 0.87 to 2.05; short-term debt falls from €289k to €86k.
31-12
Financial
Equity above €150kEq €167k ▲530%
4 profitable years in a row build equity to €167k.
24-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Highest result since 2018net €168k ▲97.7%
Operating result €213k, net result €168k, both a record.
11-06
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
21-06
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
03-10
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 64 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 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, Duffel · 2 establishment units since 2017
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.
Leopoldstraat 22570 DuffelGround area
757 m²
Building footprint
246 m²
Volume, LiDAR
1,866 m³
2 parcels, Flanders · tallest building 15.3 m, ±4 floors. Linked by address, not a title deed.
2 establishment units
Sushi King Duffel
since 20172.262.744.338
SENDAI SUSHI
since 20262.392.006.934
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11512B0348/00K003 | Flanders | 516 m² | 1 · 122 m² | 8.0 m · 1 fl. |
| 12009A0698/00A000 | Flanders | 240 m² | 1 · 123 m² | 15.3 m · 4 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Food safety, FASFC
2 sitesMortsel2.392.006.934
Duffel2.262.744.338
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Of 20,234 companies in sector 56111 we hold annual accounts for 11,312. 9,590 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded31-01-2017
Fiscal year end31-12
Abbreviation NL
UTG
Activities, NACEBEL
56101Full-service restaurants
56102Limited-service restaurants
56111Full-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 9 filingsAddress and cadastre registers
Data from official sources, last processed on 13-09-2026. Scores and ratios are computed by Checked and are not a credit decision.