UNITRON
ActiveUNITRON has been active since 1989 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €3.10M and a net result of €-129k. Equity remains stable across the filed fiscal years (±1.8% per year). Its solvency ranks better than 82% of 5989 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability16▲+5
Solvency98▼-2
Growth25▼-2
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €190k at 30 days acceptable
Liquidity ample (current ratio 3.93 against 4.18 in 2023; short-term debt: 23.6% and cash: 8.6% of total assets), and 27.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
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 · 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
72.9%
Return on assets
-3%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-129k
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 18-07-2025, 13 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
13 d early
2023
36 d early
2022
12 d early
2021
11 d early
2020
31 d late
2019
38 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€8.24M▼ 17.1%
2023 · €9.93M
2018: €12.94M
2019: €12.92M
2020: €11.01M
2021: €12.01M
2022: €11.24M
2023: €9.93M
2018 → 2024
EBIT margin
-1.5%▲ 0.3pp
2023 · -1.7%
2018: 9.6%
2019: 9.9%
2020: 3.5%
2021: 2.6%
2022: 0.8%
2023: -1.7%
2018 → 2024
Net result
€-129k▲ 60.7%
2023 · €-328k
2018: €1.04M
2019: €1.01M
2020: €275k
2021: €209k
2022: €271k
2023: €-328k
2018 → 2024
Working capital
€2.93M▼ 3.6%
2023 · €3.04M
2018: €2.84M
2019: €2.98M
2020: €3.18M
2021: €3.34M
2022: €3.35M
2023: €3.04M
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Turnover€11.01M-€12.01M▲ 9.1%€11.24M▼ 6.4%€9.93M▼ 11.6%€8.24M▼ 17.1%
Equity€3.41M-€3.57M▲ 4.7%€3.57M=€3.23M▼ 9.6%€3.10M▼ 4.0%
Operating result€383k-€313k▼ 18.3%€94k▼ 70.0%€-171k€-120k▲ 29.4%
Net result€275k-€209k▼ 24.0%€271k▲ 29.6%€-328k€-129k▲ 60.7%
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €120k in 2024 against €171k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €4.25M
Fixed assets
€318k▲ 47.4%
Current assets
€3.93M▼ 1.6%
Equity and liabilities €4.25M
Equity
€3.10M▼ 4.0%
Debt
€1.15M▲ 17.2%
The debt ratio rises from 23.4% to 27.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-36k▲
2023 · €-92k
Cash flow
€-45k▲
2023 · €-249k
Solvency
72.9%▼
2023 · 76.6%
Current ratio
3.93▼
2023 · 4.18
Quick ratio
2.22▲
2023 · 1.94
Debt / equity
0.37▲
2023 · 0.31
ROE
-4.2%▲
2023 · -10.2%
ROA
-3.0%▲
2023 · -7.8%
Interest coverage
-3.31▲
2023 · -8.31
Debt
€1.15M▲
2023 · €985k
Debt ≤ 1 year
€1.00M▲
2023 · €955k
Debt > 1 year
€128k
Income taxes
€3k
Staff costs
€1.41M▼
2023 · €1.49M
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€4.21M€4.25M▲
Fixed assets21/28€216k€318k▲
Intangible fixed assets21€44k€20k▼
Tangible fixed assets22/27€172k€298k▲
Plant, machinery and equipment23€98k€94k▼
Furniture and vehicles24€74k€45k▼
Leasing and similar rights25-€159k
Financial fixed assets28€149€149=
Other financial fixed assets284/8€149€149=
Amounts receivable and cash guarantees285/8€149€149=
Current assets29/58€3.99M€3.93M▼
Amounts receivable after more than one year29€76k€72k▼
Trade receivables290€76k€72k▼
Stocks and contracts in progress3€2.14M€1.71M▼
Stocks30/36€2.14M€1.71M▼
Raw materials and consumables30/31€1.79M€1.60M▼
Work in progress32€153k€0▼
Finished goods33€189k€110k▼
Amounts receivable within one year40/41€1.04M€1.26M▲
Trade receivables40€956k€1.19M▲
Other amounts receivable41€82k€72k▼
Current investments50/53-€440k
Other investments51/53-€440k
Cash at bank and in hand54/58€661k€367k▼
Deferred charges and accrued income490/1€82k€82k▲
Equity and liabilities
Total equity and liabilities10/49€4.21M€4.25M▲
Equity10/15€3.23M€3.10M▼
Contributions10/11€625k€625k=
Capital10€625k€625k=
Issued capital100€625k€625k=
Reserves13€2.60M€2.47M▼
Non-distributable reserves130/1€63k€63k=
Legal reserve130€63k€63k=
Tax-exempt reserves132€28k€28k=
Distributable reserves133€2.51M€2.38M▼
Amounts payable17/49€985k€1.15M▲
Amounts payable after more than one year17-€128k
Financial debts170/4-€128k
Leasing and similar obligations172-€128k
Amounts payable within one year42/48€955k€1.00M▲
Current portion of amounts payable after more than one year42-€30k
Trade debts44€731k€759k▲
Suppliers440/4€731k€759k▲
Taxes, remuneration and social security45€211k€212k▲
Taxes450/3€33k€31k▼
Remuneration and social security454/9€178k€182k▲
Other amounts payable47/48€13k-
Accrued charges and deferred income492/3€29k€23k▼
Income statement
Code20232024
Operating income70/76A€10.21M€8.64M▼
Turnover70€9.93M€8.24M▼
Change in stocks of work in progress, finished goods and contracts in progress71€-61k€-31k▲
Other operating income74€333k€417k▲
Non-recurring operating income76A-€9k
Operating charges60/66A€10.38M€8.76M▼
Goods for resale, raw materials and consumables60€5.64M€4.09M▼
Purchases600/8€5.28M€3.71M▼
Change in stocks: decrease (increase)609€365k€380k▲
Services and other goods61€3.13M€3.14M▲
Remuneration, social security and pensions62€1.49M€1.41M▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€79k€84k▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-24k€17k▲
Other operating charges640/8€64k€21k▼
Operating charges capitalised as restructuring costs649-€0
Operating profit (loss)9901€-171k€-120k▲
Financial income75/76B€88k€73k▼
Recurring financial income75€86k€73k▼
Income from current assets751-€15k
Other financial income752/9€86k€58k▼
Non-recurring financial income76B€2k-
Financial charges65/66B€245k€78k▼
Recurring financial charges65€245k€78k▼
Debt charges650€11k€11k▼
Other financial charges652/9€234k€68k▼
Profit (loss) for the period before taxes9903€-328k€-126k▲
Income taxes67/77-€3k
Taxes670/3-€4k
Tax adjustments and reversals of tax provisions77-€927
Profit (loss) for the period9904€-328k€-129k▲
Profit (loss) for the period to be appropriated9905€-328k€-129k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-328k€-129k▲
Transfer from equity791/2€341k€129k▼
From reserves792€341k€129k▼
Profit to be distributed694/7€13k-
Directors or managers695€13k-
Social balance
Average headcount (FTE)908720.117.6▼
The notes to these accounts (62 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
18-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
25-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial
Weakest financial yearnet €-328k ▼221%
Net result drops to €-328k, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
20-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
31-12
Financial
Liquidity doublescurrent ratio 4.74
Current ratio from 2.21 to 4.74; short-term debt falls from €2.47M to €849k.
23-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
24-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
22-06
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
03-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
27-06
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
14 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, Poperinge · 1 establishment unit since 1989
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.
Frankrijklaan 278970 PoperingeGround area
4,687 m²
Building footprint
2,143 m²
Parcel 33021E0246/00N003, Flanders. Linked by address, not a title deed.
1 establishment unit
UNITRON NV
since 19892.043.985.879
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 33021E0246/00N003 | Flanders | 4,687 m² | 1 · 2,143 m² | - |
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.
Public money · subsidies and aid
Flemish government
2022 to 2025 · 11 entries · 298,460 EUR awarded · 298,168 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 2 | 3,900 EUR | 3,713 EUR |
| 2024 | 3 | 2,270 EUR | 8,789 EUR |
| 2023 | 2 | 37,445 EUR | 81,427 EUR |
| 2022 | 4 | 254,845 EUR | 204,239 EUR |
Schemes
Ontwikkelingsproject
Subsidies voor internationaal ondernemen
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
Recognitions · licences · registrations
Legal Entity Identifier
549300F82MUQRCBK2J97
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Of 828 companies in sector 46620 we hold annual accounts for 642. 416 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded06-06-1989
Fiscal year end31-12
Activities, NACEBEL
26300Manufacture of computer, electronic and optical products
26110Manufacture of computer, electronic and optical products
32201
46620Wholesale of machine tools
46190Agents in non-specialised wholesale trade
46500Wholesale of information and communication equipment
46520Wholesale trade
51860
64200Holdings
64210Activities of holding companies
Sources
Crossroads Bank for EnterprisesNational Bank · 36 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesPhone:057/333363
Fax:057334524