Equity
€51.5m ▲ 8.7%
United NRJ has made a profit in every financial year since 2010.
United NRJ
Lifetime
16 annual accounts with figures on one time axispeak €13.2m (2018)
-€79,003▼ €75,810
peak €11.9m (2018)
€4.1m▲ 307%
peak €51.5m (2025)
€51.5m▲ 8.7%
€2.0m▼ 57.8%
peak 0.6 FTE (2015)
0 FTE
Board2 names since 2009
2 directorsLOOTENS Christel and 1 other
Documentsfilings and deeds
25-06-202636 days before the deadline
2025abbreviated format
Gross margin from -€3,193 to -€79,003Result from €1.0m to €4.1mDebts from €4.8m to €2.0mInvestments €2.8mCash from €25,138 to €41,691
Key points
from the 2025 annual accountsResult
€4.1m ▲ 307%
The result rose in 2025: mostly from a one-off income of €2.8m.
Liquidity
13.70 was 6.06 in 2024
Short-term debts fell from €4.8m to €2.0m.
Turnover not published (abbreviated format)
Checked score
94
Excellent
Financially stronger than 66% of large companies in head offices and management consultancy (NACE 70)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
The dashed line is the sector median: 0.1% across 204 companies (NACE 70, large).
About 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Last 24 months
12-2024: 0.1%lowest value
01-2025: 0.1%● unchanged vs 12-2024lowest value
02-2025: 0.1%● unchanged vs 01-2025lowest value
03-2025: 0.1%● unchanged vs 02-2025
04-2025: 0.1%● unchanged vs 03-2025
05-2025: 0.1%● unchanged vs 04-2025
06-2025: 0.1%● unchanged vs 05-2025
07-2025: 0.2%▲ +0.1 percentage points vs 06-2025
08-2025: 0.1%▼ -0.1 percentage points vs 07-2025
09-2025: 0.1%● unchanged vs 08-2025
10-2025: 0.1%● unchanged vs 09-2025
11-2025: 0.1%● unchanged vs 10-2025
12-2025: 0.1%● unchanged vs 11-2025
01-2026: 0.1%● unchanged vs 12-2025
02-2026: 0.1%● unchanged vs 01-2026
03-2026: 0.2%▲ +0.1 percentage points vs 02-2026
04-2026: 0.2%● unchanged vs 03-2026
05-2026: 0.2%● unchanged vs 04-2026
06-2026: 0.2%● unchanged vs 05-2026highest value
07-2026: 0.1%▼ -0.1 percentage points vs 06-2026
08-2026: 0.1%● unchanged vs 07-2026
09-2026: 0.1%● unchanged vs 08-2026
10-2026: 0.1%● unchanged vs 09-2026
11-2026: 0.1%● unchanged vs 10-2026
Financial strengthStrong
Score breakdown
raises risk
Liquidity: current ratio 13.70, cash €41,691
lowers risk
Founded in 2009
Size: total assets €53.6m
Sector: Activities of head offices; management consultancy activities (NACE 70)
Calculation
The band follows from the bankruptcy probability. 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 70, large). It does better than 75% of them on solvency, 49% on liquidity, 74% on profitability and 66% on growth.
The bankruptcy probability was computed on 09-11-2026 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.
The probability rests on the annual accounts with balance sheet date 31-12-2025.
Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
Comparable companies, two years later
In July 2024, 449 companies had the same profile as United NRJ has now. Each dot is one company, two years later.
96.9%
were still trading
3.1%
stopped another way
0.0%
went bankrupt
That fits the bankruptcy probability of United NRJ itself: 0.1% within 12 months.
Test of the method
The method was tested on the 497,447 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 449 companies, not a prediction for United NRJ. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Credit verdict
Credit of up to €4,800,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 13.7 (6.06 in 2024), above the usual 1.5. Short-term debt is 3.8% and cash 0.1% of total assets. 3.8% of the assets are financed with debt and provisions.
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Five signals.
lowers riskraises riskneutral
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 25-06-2026, 36 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
36 days early
2024
57 days early
2023
44 days early
2022
5 days early
2021
29 days late
2020
25 days early
2019
96 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
The company filed its last 7 accounts on average 6 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 25 June (4 of the last 5 accounts filed within 31 days either side of that date).
Companies Code · seven monthsWhere today falls in the filing period
10-11-2026 today31-12-2026 year end31-07-2027 deadline
Board and ownership
Shares in 6 companies, including POLE POSITION and Flandria Palace
Board & ownershipRecent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0821768657
Appointments: Lootens Christel Maria Micheline (statutory director) and Sigiez Hubert Edmond Omer (statutory director)
General meeting of 23-08-2022 · Gazette deed
First establishment
Beselarestraat 72, Moorslede
Incorporation
published on 06-01-2010 · Gazette deed
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| United NRJ Moorslede | €53.6m | -€79,003 | 96.2% | 0 |
| De Watervogel Ravels | €40.3m | -€24,448 | 59.4% | 0 |
| Perpetum Energy Holding Knokke-Heist | €79.2m | -€185,227 | 92.6% | 0.7 |
| ECNOEL Hooglede | €21.4m | -€19,321 | 85.8% | 0 |
| VERSALE INVESTMENTS Bilzen-Hoeselt | €48.2m | -€31,353 | 95.1% | 1.2 |
| CMG INVEST Boortmeerbeek | €36.7m | -€308,426 | 64.8% | 0.5 |
| Opex Group Roeselare | €98.0m | -€578,264 | 80.6% | 1 |
These companies have the same main activity as United NRJ: activities of head offices (NACE 70100). They are comparable in size and age: total assets between €21m and €98m, founded between 1999 and 2015.
Official details
Source: KBO- Status
- Active since 24-12-2009Normal situation
- Activity
- Activities of head officesNACE 70100and 1 other
- Establishment unit
- 2.183.940.3508890 Moorslede, since 13-01-2010
- Financial year end
- 31 December
- Peppol
- Reachable since 27-03-2025
Annual accounts 2025
- €53.6m▲ 2.5%
- Filing
- Filed on 25-06-2026, 36 days before the end of the filing period
Companies linked to United NRJ
Subsidiaries and holdings
Insights on United NRJ
United NRJ files the abbreviated format. That format states no turnover. The gross margin fell from €1.2m in 2010 to -€79,003 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about United NRJ
- What is the company number of United NRJ?
- The company number of United NRJ is 0821.768.657. The VAT number is the same number with BE in front: BE 0821.768.657.
- Where is United NRJ based?
- The registered office is at Beselarestraat 72, 8890 Moorslede.Company details
- What does United NRJ do?
- According to the KBO register, the main activity is activities of head offices (NACE 70100).
- What is the legal form of United NRJ?
- United NRJ is a private limited company (BV).
- When was United NRJ founded?
- United NRJ was founded on 24-12-2009.
- Is United NRJ still active?
- Yes, United NRJ is an active enterprise in the KBO register.
- What is the turnover of United NRJ?
- The annual accounts for financial year 2025 state no turnover. The abbreviated format does not require it.Financials
- Is United NRJ profitable?
- In financial year 2025, United NRJ made a profit of €4.1m.
- Where can I find the annual accounts of United NRJ?
- United NRJ filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of United NRJ due?
- United NRJ must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
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