UNITING BRANDS
ActiveThe computed 12-month bankruptcy probability of UNITING BRANDS is 1.7% (moderate). The 2024 annual accounts show negative equity (€-130k) and a net result of €-66k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 15868 sector peers (fiscal year 2024). The company has been active since 2016 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2024
22
/ 100
Critical
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability0=
Solvency0=
Growth32=
Track record100
Bankruptcy probability, 12 months
1.7%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.02 against 0.15 in 2023; short-term debt: 348.5% and cash: 4% of total assets), and equity is negative.
Credit advice for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
+raises risk○neutral
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
-255.7%
Return on assets
-129.5%
Age of the figures
21 mo
raises risk · 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 →
raises risk · Negative equity
The 2024 annual accounts show negative equity and a net loss.
NBB · annual accounts 2024Equity per financial year
18192021222324
2018 to 2024 · latest year €-130k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2025
not confirmed
2024
28 d early
2023
26 d early
2022
39 d early
2021
45 d early
2020
31 d late
2019
31 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€-130k▼ 103%
2023 · €-64k
2018: €15k
2019: €15k
2020: €15k
2021: €-5k
2022: €-26k
2023: €-64k
2018 → 2024
Total assets
€51k▼ 27.0%
2023 · €69k
2018: €39k
2019: €43k
2020: €52k
2021: €94k
2022: €86k
2023: €69k
2018 → 2024
Net result
€-66k▼ 74.4%
2023 · €-38k
2018: €-575
2019: €725
2020: €-488
2021: €-20k
2022: €-21k
2023: €-38k
2018 → 2024
Working capital
€-174k▼ 65.6%
2023 · €-105k
2018: €-6k
2019: €-339
2020: €-1k
2021: €-40k
2022: €-64k
2023: €-105k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€15k-€-5k€-26k▼ 438%€-64k▼ 143%€-130k▼ 103%
Operating result€3k-€-19k€-21k▼ 10.8%€-37k▼ 76.7%€-65k▼ 76.3%
Net result€-488-€-20k▼ 3,929%€-21k▼ 9.1%€-38k▼ 75.5%€-66k▼ 74.4%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €65k in 2024 against €37k in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €51k
Fixed assets
€48k▼ 5.7%
Current assets
€3k▼ 84.7%
Key figures and ratios
EBITDA
€-62k▼
2023 · €-34k
Cash flow
€-63k▼
2023 · €-35k
Solvency
-255.7%▼
2023 · -92.1%
Current ratio
0.02▼
2023 · 0.15
Quick ratio
0.02▼
2023 · 0.15
Debt / equity
-1.39▲
2023 · -2.09
ROA
-129.5%▼
2023 · -54.2%
Interest coverage
-85.93▼
2023 · -55.64
Debt
€180k▲
2023 · €133k
Debt ≤ 1 year
€177k▲
2023 · €124k
Debt > 1 year
€4k▼
2023 · €10k
Staff costs
€188k▲
2023 · €95k
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€69k€51k▼
Fixed assets21/28€51k€48k▼
Tangible fixed assets22/27€51k€48k▼
Land and buildings22€48k€46k▼
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€1k€604▼
Current assets29/58€19k€3k▼
Amounts receivable within one year40/41€15k€28▼
Trade receivables40€15k-
Other amounts receivable41€23€28▲
Cash at bank and in hand54/58€3k€2k▼
Deferred charges and accrued income490/1€810€832▲
Equity and liabilities
Total equity and liabilities10/49€69k€51k▼
Equity10/15€-64k€-130k▼
Contributions10/11€19k€19k=
Profit (loss) carried forward14€-83k€-148k▼
Amounts payable17/49€133k€180k▲
Amounts payable after more than one year17€10k€4k▼
Financial debts170/4€10k€4k▼
Amounts payable within one year42/48€124k€177k▲
Current portion of amounts payable after more than one year42€6k€6k▲
Trade debts44€11k€20k▲
Suppliers440/4€11k€20k▲
Taxes, remuneration and social security45€15k€38k▲
Taxes450/3€4k€9k▲
Remuneration and social security454/9€11k€28k▲
Other amounts payable47/48€92k€113k▲
Income statement
Code20232024
Non-recurring operating income76A€6k-
Remuneration, social security and pensions62€95k€188k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3k€3k=
Other operating charges640/8€2k€118▼
Gross operating margin9900€63k€126k▲
Operating profit (loss)9901€-37k€-65k▼
Financial charges65/66B€610€722▲
Recurring financial charges65€610€722▲
Profit (loss) for the period before taxes9903€-37k€-66k▼
Income taxes67/77€208-
Profit (loss) for the period9904€-38k€-66k▼
Profit (loss) for the period to be appropriated9905€-38k€-66k▼
Appropriation of the result
Profit (loss) to be appropriated9906€-83k€-148k▼
Profit (loss) brought forward from the previous period14P€-45k€-83k▼
The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-66k
Net result drops to €-66k, the lowest in the series.
05-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
22-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
16-06
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
31-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 31 days late
2019
31-12
Financial
Back to profitnet €725
Net result €725 after one loss-making year.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
31-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Bocholt · 1 establishment unit since 2016
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.
Hezerstraat 183950 BocholtGround area
3,327 m²
Building footprint
189 m²
Volume, LiDAR
974 m³
Parcel 72003D0324/00F005, Flanders · tallest building 8.6 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
UNITING BRANDS
since 20162.253.069.577
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 72003D0324/00F005 | Flanders | 3,327 m² | 1 · 189 m² | 8.6 m · 2 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.
Similar companies · same sector, comparable size
MIND ENERGY
BE 1006.673.720
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THYS
BE 0526.833.229
Zonhoven · Eq €15k
VAN HOVEN
BE 0893.867.767
Lanaken · Eq €15k
CELINE CASALI
BE 0779.685.703
Herve · Eq €15k
NUBEM
BE 1000.623.393
Kinrooi · Eq €15k
Of 1,137 companies in sector 46130 we hold annual accounts for 646. 343 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-05-2016
Fiscal year end31-12
Activities, NACEBEL
46130Agents in the wholesale of timber and building materials
46499Wholesale of other household goods
46150Agents in the wholesale of furniture, household goods and hardware
46170Agents in the wholesale of food, beverages and tobacco
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 8 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.