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UNITRON

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Public limited companyfounded 1989active for 37 yearsFrankrijklaan 27, 8970 Poperinge, BelgiumKBO/BCE: BE 0437.664.097

Financials · financial year 2025, full format

Annual accounts 2025 filed on 30-06-2026 at the NBB all 37 filings

Turnover
€9.3m▲ 12.9%
2024 · €8.2m
EBIT margin
0.3%▲ 1.8pp
2024 · -1.5%
Net result
€19,032
2024 · -€128,869
Working capital
€3.0m▲ 2.3%
2024 · €2.9m
Multi-year overview
2018 to 2025, 8 financial years
Turnover
€9.3m
▲ 12.9% 2025
20182025
Operating result
€27,342
2025
20182025
Net result
€19,032
2025
middle half of the sector
20182025
EBIT margin
0.3%
▲ 1.8pp 2025
20182025
Equity
€3.1m
▲ 0.6% 2025
middle half of the sector
20182025
Total assets
€4.3m
▲ 0.6% 2025
middle half of the sector
20182025
Debt
€1.2m
▲ 0.5% 2025
20182025
Working capital
€3.0m
▲ 2.3% 2025
middle half of the sector
20182025
Solvency
72.9%
= 2025
highest quarter of the sector
20182025
Current ratio
4.06
▲ 0.14 2025
highest quarter of the sector
20182025
Return on assets (ROA)
0.4%
▲ 3.5pp 2025
middle half of the sector
20182025
Staff (FTE)
18
▲ 2.3% 2025
middle half of the sector
20182025
Every figure per financial year
Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Turnover€12.9m-€12.9m▼ 0.2%€11.0m▼ 14.8%€12.0m▲ 9.1%€11.2m▼ 6.4%€9.9m▼ 11.6%€8.2m▼ 17.1%€9.3m▲ 12.9%
Operating result€1.2m-€1.3m▲ 2.7%€0.4m▼ 70.0%€0.3m▼ 18.3%€0.09m▼ 70.0%-€0.2m-€0.1m▲ 29.4%€0.03m
Net result€1.0m-€1.0m▼ 2.8%€0.3mwithin the sector's middle half▼ 72.6%€0.2mwithin the sector's middle half▼ 24.0%€0.3mwithin the sector's middle half▲ 29.6%-€0.3mbelow the sector's middle half-€0.1mbelow the sector's middle half▲ 60.7%€0.02mwithin the sector's middle half
EBIT margin9.6%-9.9%▲ 0.3pp3.5%▼ 6.4pp2.6%▼ 0.9pp0.8%▼ 1.8pp-1.7%▼ 2.6pp-1.5%▲ 0.3pp0.3%▲ 1.8pp
Equity€3.7m-€3.2m▼ 13.4%€3.4mwithin the sector's middle half▲ 6.8%€3.6mwithin the sector's middle half▲ 4.7%€3.6mwithin the sector's middle half=€3.2mwithin the sector's middle half▼ 9.6%€3.1mwithin the sector's middle half▼ 4.0%€3.1mwithin the sector's middle half▲ 0.6%
Total assets€5.4m-€5.7m▲ 4.2%€4.3mwithin the sector's middle half▼ 24.8%€5.2mwithin the sector's middle half▲ 21.4%€5.2mwithin the sector's middle half▲ 0.3%€4.2mwithin the sector's middle half▼ 18.7%€4.3mwithin the sector's middle half▲ 1.0%€4.3mwithin the sector's middle half▲ 0.6%
Debt€1.7m-€2.5m▲ 41.2%€0.8m▼ 65.6%€1.6m▲ 88.2%€1.6m▲ 0.8%€1.0m▼ 38.9%€1.2m▲ 17.2%€1.2m▲ 0.5%
Working capital€2.8m-€3.0m▲ 4.8%€3.2mabove the sector's middle half▲ 6.6%€3.3mabove the sector's middle half▲ 5.0%€3.3mwithin the sector's middle half▲ 0.4%€3.0mwithin the sector's middle half▼ 9.3%€2.9mwithin the sector's middle half▼ 3.6%€3.0mwithin the sector's middle half▲ 2.3%
Solvency67.8%-56.4%▼ 11.4pp80.0%above the sector's middle half▲ 23.7pp69.0%above the sector's middle half▼ 11.0pp68.9%above the sector's middle half▼ 0.2pp76.6%above the sector's middle half▲ 7.7pp72.9%above the sector's middle half▼ 3.8pp72.9%above the sector's middle half=
Current ratio2.68-2.21▼ 0.484.74above the sector's middle half▲ 2.543.09above the sector's middle half▼ 1.653.08above the sector's middle half▼ 0.014.18above the sector's middle half▲ 1.103.93above the sector's middle half▼ 0.264.06above the sector's middle half▲ 0.14
Return on assets (ROA)19.1%-17.8%▼ 1.3pp6.5%within the sector's middle half▼ 11.3pp4.1%within the sector's middle half▼ 2.4pp5.2%within the sector's middle half▲ 1.2pp-7.8%below the sector's middle half▼ 13.0pp-3.0%below the sector's middle half▲ 4.8pp0.4%within the sector's middle half▲ 3.5pp
Staff (FTE)19.6-20.8▲ 6.1%20.8within the sector's middle half=22.7within the sector's middle half▲ 9.1%22.7within the sector's middle half=20.1within the sector's middle half▼ 11.5%17.6within the sector's middle half▼ 12.4%18within the sector's middle half▲ 2.3%
above within below The sector band is the middle half of the companies in Wholesale trade (NACE 46). A quarter of them sit below it, a quarter above. Each year counts only accounts in the same format, and only where there are at least 30.

The operating result for 2025 is a profit of €27,342, after a loss of €120,498 in 2024. It is the highest result since 2022.

Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €4.3m
Fixed assets €299,160 ▼ 5.9%
Current assets €4.0m ▲ 1.1%
Equity and liabilities €4.3m
Equity €3.1m ▲ 0.6%
Debt €1.2m ▲ 0.5%
Debt's share of the balance-sheet total stays at 27.1%.
Key figures and ratios
2025 value · change against 2024
EBITDA
€139,637▲
2024 · -€36,166
Cash flow
€131,327▲
2024 · -€44,537
Quick ratio
2.40▲
2024 · 2.22
Debt to equity
0.37▼
2024 · 0.37
ROE
0.6%▲
2024 · -4.2%
Interest coverage
9.92▲
2024 · -3.31
Debt ≤ 1 year
€978,311▼
2024 · €1.0m
Debt > 1 year
€97,085▼
2024 · €128,403
Income taxes
-€1,135▼
2024 · €2,580
Customer credit
62 days▲
2024 · 53 days
Supplier credit
25 days▼
2024 · 38 days
Staff costs
€1.4m▲
2024 · €1.4m
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.

Staff

social balance sheet
Item31-12-202131-12-202231-12-202331-12-202431-12-2025
Employees at the balance-sheet date2321181818
full-time2220181515
part-time11-33
in full-time equivalents22.820.81817.417.4
Average over the year, in full-time equivalents22.721.820.117.618
On a permanent contract2321181818
Joined1980-1
Left17103-1
Agency workers, average number-0.1---
Training hours-4027157125

Source: social balance sheet in the 2021 to 2025 annual accounts

Securities and guarantees

on own assets and for others
Item20212022202320242025
Pledge on the business€250,000€250,000€250,000€250,000€250,000

Source: notes to the 2021 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)

Investments

fixed assets acquired
Item20212022202320242025
Tangible fixed assets€53,950€58,610€77,326€192,929€100,129
Intangible fixed assets€26,224----
Depreciation and write-downs of the year€70,869€73,645€79,064€84,332€112,295

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Auditor

fees
Item20212022202320242025
Fee for the audit€8,553€11,918€9,785€10,430€10,567
Other work by the auditor--€1,104--
Work by persons linked to the auditor--€945€13,746€5,209

Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)

Subsidies and aid

Flemish government

2022 to 2025 · 11 entries · €298,460 awarded · €298,168 paid
Year Entries AwardedPaid
2025 2 €3,900€3,713
2024 3 €2,270€8,789
2023 2 €37,445€81,427
2022 4 €254,845€204,239
Schemes
3 entries · €246,177 · €147,177 paid · Fonds voor Innoveren en Ondernemen
4 entries · €49,975 · €49,975 paid · Vlaams Agentschap voor Internationaal Ondernemen
3 entries · €2,308 · €2,016 paid · Fonds voor Innoveren en Ondernemen
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 87 lines
Balance sheet Code20242025
Assets
Total assets20/58€4.3m€4.3m▲
Fixed assets21/28€0.3m€0.3m▼
Intangible fixed assets21€0.02m€0.002m▼
Tangible fixed assets22/27€0.3m€0.3m▼
Plant, machinery and equipment23€0.09m€0.1m▲
Furniture and vehicles24€0.05m€0.05m▲
Leasing and similar rights25€0.2m€0.1m▼
Financial fixed assets28€149€149=
Other financial fixed assets284/8€149€149=
Amounts receivable and cash guarantees285/8€149€149=
Current assets29/58€3.9m€4.0m▲
Amounts receivable after more than one year29€0.07m€0.07m▼
Trade receivables290€0.07m€0.07m▼
Stocks and contracts in progress3€1.7m€1.6m▼
Stocks30/36€1.7m€1.6m▼
Raw materials and consumables30/31€1.6m€1.5m▼
Work in progress32€0€26▲
Finished goods33€0.1m€0.1m▲
Amounts receivable within one year40/41€1.3m€1.7m▲
Trade receivables40€1.2m€1.6m▲
Other amounts receivable41€0.07m€0.2m▲
Current investments50/53€0.4m€0▼
Other investments51/53€0.4m€0▼
Cash at bank and in hand54/58€0.4m€0.4m▲
Deferred charges and accrued income490/1€0.08m€0.1m▲
Equity and liabilities
Total equity and liabilities10/49€4.3m€4.3m▲
Equity10/15€3.1m€3.1m▲
Contributions10/11€0.6m€0.6m=
Capital10€0.6m€0.6m=
Issued capital100€0.6m€0.6m=
Reserves13€2.5m€2.5m▲
Non-distributable reserves130/1€0.06m€0.06m=
Legal reserve130€0.06m€0.06m=
Tax-exempt reserves132€0.03m€0.03m=
Distributable reserves133€2.4m€2.4m▲
Amounts payable17/49€1.2m€1.2m▲
Amounts payable after more than one year17€0.1m€0.1m▼
Financial debts170/4€0.1m€0.1m▼
Leasing and similar obligations172€0.1m€0.1m▼
Amounts payable within one year42/48€1.0m€1.0m▼
Current portion of amounts payable after more than one year42€0.03m€0.03m▲
Trade debts44€0.8m€0.6m▼
Suppliers440/4€0.8m€0.6m▼
Taxes, remuneration and social security45€0.2m€0.2m▲
Taxes450/3€0.03m€0.03m▲
Remuneration and social security454/9€0.2m€0.2m▲
Other amounts payable47/48-€0.2m
Accrued charges and deferred income492/3€0.02m€0.08m▲
Income statement Code20242025
Operating income70/76A€8.6m€9.7m▲
Turnover70€8.2m€9.3m▲
Change in stocks of work in progress, finished goods and contracts in progress71-€0.03m-€0.004m▲
Other operating income74€0.4m€0.4m▼
Non-recurring operating income76A€0.009m€0.006m▼
Operating charges60/66A€8.8m€9.7m▲
Goods for resale, raw materials and consumables60€4.1m€4.4m▲
Purchases600/8€3.7m€4.3m▲
Change in stocks: decrease (increase)609€0.4m€0.1m▼
Services and other goods61€3.1m€3.7m▲
Remuneration, social security and pensions62€1.4m€1.4m▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.08m€0.1m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0.02m-€0.03m▼
Other operating charges640/8€0.02m€0.07m▲
Operating charges capitalised as restructuring costs649€0-
Non-recurring operating charges66A-€400
Operating profit (loss)9901-€0.1m€0.03m▲
Financial income75/76B€0.07m€0.1m▲
Recurring financial income75€0.07m€0.1m▲
Income from current assets751€0.01m€0.007m▼
Other financial income752/9€0.06m€0.1m▲
Financial charges65/66B€0.08m€0.1m▲
Recurring financial charges65€0.08m€0.1m▲
Debt charges650€0.01m€0.01m▲
Other financial charges652/9€0.07m€0.1m▲
Non-recurring financial charges66B-€0
Profit (loss) for the period before taxes9903-€0.1m€0.02m▲
Transfer to deferred taxes680-€0
Income taxes67/77€0.003m-€0.001m▼
Taxes670/3€0.004m€0.001m▼
Tax adjustments and reversals of tax provisions77€0.001m€0.002m▲
Profit (loss) for the period9904-€0.1m€0.02m▲
Profit (loss) for the period to be appropriated9905-€0.1m€0.02m▲
Appropriation of the result
Profit (loss) to be appropriated9906-€0.1m€0.02m▲
Transfer from equity791/2€0.1m€0▼
From reserves792€0.1m€0▼
Transfer to equity691/2-€0.02m
To other reserves6921-€0.02m
Social balance sheet
Average headcount (FTE)908717.618.0▲

The notes to these accounts have 61 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 30-06-2026.

Line20182019202020212022202320242025Change
Operating income70/76A---€12.5m€12.3m€10.2m€8.6m€9.7m▲ 12.4%
Turnover70€12.9m€12.9m€11.0m€12.0m€11.2m€9.9m€8.2m€9.3m▲ 12.9%
Change in stocks of work in progress, finished goods and contracts in progress71---€0.03m€0.3m-€0.06m-€0.03m-€0.004m▲ 85.8%
Other operating income74---€0.4m€0.8m€0.3m€0.4m€0.4m▼ 4.0%
Non-recurring operating income76A---€0.04m--€0.009m€0.006m▼ 35.1%
Operating charges60/66A---€12.2m€12.3m€10.4m€8.8m€9.7m▲ 10.5%
Goods for resale, raw materials and consumables60---€6.7m€6.7m€5.6m€4.1m€4.4m▲ 8.7%
Purchases600/8---€7.5m€6.6m€5.3m€3.7m€4.3m▲ 15.9%
Change in stocks: decrease (increase)609----€0.8m€0.09m€0.4m€0.4m€0.1m▼ 60.8%
Services and other goods61---€3.9m€3.9m€3.1m€3.1m€3.7m▲ 16.3%
Remuneration, social security and pensions62---€1.5m€1.6m€1.5m€1.4m€1.4m▲ 1.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.07m€0.06m€0.05m€0.07m€0.07m€0.08m€0.08m€0.1m▲ 33.2%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€0.1m€0.02m-€0.02m€0.02m-€0.03m-
Other operating charges640/8---€0.2m€0.03m€0.06m€0.02m€0.07m▲ 255%
Operating charges capitalised as restructuring costs649------€0--
Non-recurring operating charges66A---€0.004m---€400-
Operating profit (loss)9901€1.2m€1.3m€0.4m€0.3m€0.09m-€0.2m-€0.1m€0.03m-
Financial income75/76B---€0.08m€0.4m€0.09m€0.07m€0.1m▲ 48.8%
Recurring financial income75€0.2m€0.2m€0.1m€0.08m€0.4m€0.09m€0.07m€0.1m▲ 48.8%
Income from current assets751------€0.01m€0.007m▼ 50.5%
Other financial income752/9---€0.08m€0.4m€0.09m€0.06m€0.1m▲ 73.6%
Non-recurring financial income76B-----€0.002m---
Financial charges65/66B---€0.2m€0.2m€0.2m€0.08m€0.1m▲ 49.9%
Recurring financial charges65€0.3m€0.3m€0.2m€0.2m€0.2m€0.2m€0.08m€0.1m▲ 49.9%
Debt charges650€0.006m€0.003m€0.002m€0.006m€0.02m€0.01m€0.01m€0.01m▲ 28.9%
Other financial charges652/9---€0.2m€0.2m€0.2m€0.07m€0.1m▲ 53.3%
Non-recurring financial charges66B-------€0-
Profit (loss) for the period before taxes9903€1.1m€1.1m€0.3m€0.2m€0.3m-€0.3m-€0.1m€0.02m-
Transfer to deferred taxes680-------€0-
Income taxes67/77€0.07m€0.1m€0.003m€0.003m€0.003m-€0.003m-€0.001m-
Taxes670/3---€0.003m€0.003m-€0.004m€0.001m▼ 67.2%
Tax adjustments and reversals of tax provisions77------€0.001m€0.002m▲ 147%
Profit (loss) for the period9904€1.0m€1.0m€0.3m€0.2m€0.3m-€0.3m-€0.1m€0.02m-
Transfer from tax-exempt reserves789---€0.06m-----
Profit (loss) for the period to be appropriated9905€0.6m€0.6m€1.0m€0.3m€0.3m-€0.3m-€0.1m€0.02m-
Line20182019202020212022202320242025Change
Assets
Total assets20/58€5.4m€5.7m€4.3m€5.2m€5.2m€4.2m€4.3m€4.3m▲ 0.6%
Fixed assets21/28€0.9m€0.2m€0.2m€0.2m€0.2m€0.2m€0.3m€0.3m▼ 5.9%
Intangible fixed assets21€0.002m€0.008m€0.09m€0.09m€0.07m€0.04m€0.02m€0.002m▼ 92.2%
Tangible fixed assets22/27€0.1m€0.09m€0.1m€0.1m€0.1m€0.2m€0.3m€0.3m▼ 0.1%
Plant, machinery and equipment23---€0.08m€0.09m€0.1m€0.09m€0.1m▲ 26.4%
Furniture and vehicles24---€0.06m€0.06m€0.07m€0.05m€0.05m▲ 16.0%
Leasing and similar rights25------€0.2m€0.1m▼ 20.3%
Financial fixed assets28€0.8m€0.1m€149€149€149€149€149€149=
Other financial fixed assets284/8---€149€149€149€149€149=
Amounts receivable and cash guarantees285/8---€149€149€149€149€149=
Current assets29/58€4.5m€5.4m€4.0m€4.9m€5.0m€4.0m€3.9m€4.0m▲ 1.1%
Amounts receivable after more than one year29---€0.08m€0.08m€0.08m€0.07m€0.07m▼ 6.8%
Trade receivables290---€0.08m€0.08m€0.08m€0.07m€0.07m▼ 6.8%
Stocks and contracts in progress3€1.9m€2.0m€1.4m€2.4m€2.5m€2.1m€1.7m€1.6m▼ 5.0%
Stocks30/36---€2.4m€2.5m€2.1m€1.7m€1.6m▼ 5.0%
Raw materials and consumables30/31---€2.2m€2.1m€1.8m€1.6m€1.5m▼ 6.3%
Work in progress32----€0.2m€0.2m€0€26-
Finished goods33---€0.1m€0.2m€0.2m€0.1m€0.1m▲ 14.0%
Amounts receivable within one year40/41€2.5m€1.5m€1.1m€2.3m€1.7m€1.0m€1.3m€1.7m▲ 37.6%
Trade receivables40---€2.1m€1.5m€1.0m€1.2m€1.6m▲ 32.1%
Other amounts receivable41---€0.2m€0.2m€0.08m€0.07m€0.2m▲ 129%
Current investments50/53------€0.4m€0▼ 100%
Other investments51/53------€0.4m€0▼ 100%
Cash at bank and in hand54/58€0.09m€1.9m€1.3m€0.08m€0.6m€0.7m€0.4m€0.4m▲ 21.5%
Deferred charges and accrued income490/1---€0.09m€0.06m€0.08m€0.08m€0.1m▲ 23.5%
Equity and liabilities
Total equity and liabilities10/49€5.4m€5.7m€4.3m€5.2m€5.2m€4.2m€4.3m€4.3m▲ 0.6%
Equity10/15€3.7m€3.2m€3.4m€3.6m€3.6m€3.2m€3.1m€3.1m▲ 0.6%
Contributions10/11€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m€0.6m=
Capital10---€0.6m€0.6m€0.6m€0.6m€0.6m=
Issued capital100---€0.6m€0.6m€0.6m€0.6m€0.6m=
Reserves13€3.1m€2.6m€2.8m€2.9m€2.9m€2.6m€2.5m€2.5m▲ 0.8%
Non-distributable reserves130/1---€0.06m€0.06m€0.06m€0.06m€0.06m=
Legal reserve130---€0.06m€0.06m€0.06m€0.06m€0.06m=
Tax-exempt reserves132---€0.03m€0.03m€0.03m€0.03m€0.03m=
Distributable reserves133---€2.9m€2.9m€2.5m€2.4m€2.4m▲ 0.8%
Amounts payable17/49€1.7m€2.5m€0.8m€1.6m€1.6m€1.0m€1.2m€1.2m▲ 0.5%
Amounts payable after more than one year17€0.06m-----€0.1m€0.1m▼ 24.4%
Financial debts170/4------€0.1m€0.1m▼ 24.4%
Leasing and similar obligations172------€0.1m€0.1m▼ 24.4%
Amounts payable within one year42/48€1.7m€2.5m€0.8m€1.6m€1.6m€1.0m€1.0m€1.0m▼ 2.4%
Current portion of amounts payable after more than one year42------€0.03m€0.03m▲ 3.1%
Financial debts43---€108-----
Credit institutions430/8---€108-----
Trade debts44€0.8m€0.7m€0.7m€0.9m€1.0m€0.7m€0.8m€0.6m▼ 26.8%
Suppliers440/4---€0.9m€1.0m€0.7m€0.8m€0.6m▼ 26.8%
Advances received on contracts in progress46----€0.07m----
Taxes, remuneration and social security45---€0.2m€0.3m€0.2m€0.2m€0.2m▲ 13.6%
Taxes450/3---€0.01m€0.04m€0.03m€0.03m€0.03m▲ 2.6%
Remuneration and social security454/9---€0.2m€0.2m€0.2m€0.2m€0.2m▲ 15.5%
Other amounts payable47/48---€0.5m€0.3m€0.01m-€0.2m-
Accrued charges and deferred income492/3---€0.003m-€0.03m€0.02m€0.08m▲ 260%
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€1.0m€1.0m€0.3m€0.2m€0.3m-€0.3m-€0.1m€0.02m-
+ Depreciation and write-downs630€0.07m€0.06m€0.05m€0.07m€0.07m€0.08m€0.08m€0.1m▲ 33.2%
Operating cash flow (approximation)€1.1m€1.1m€0.3m€0.3m€0.3m-€0.2m-€0.04m€0.1m-
Investment in fixed assets (approximation)-€0.6m-€0.07m-€0.07m-€0.06m-€0.08m-€0.2m-€0.09m▲ 49.8%
Change in cash-€1.8m-€0.6m-€1.2m€0.6m€0.02m-€0.3m€0.08m-

A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.

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Historical observation

In July 2024, 14,766 companies had the same profile as UNITRON has now. Two years later, 96.2% were still going and 0.2% had gone bankrupt.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
96.2% was still going
3.5% stopped otherwise
0.2% went bankrupt

Another 0.1% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of UNITRON itself: 0.1% within 12 months.

Test of the method

The method was tested on the 497,446 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 14,766 companies, not a prediction for UNITRON. 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.

Latest 10 of 37 filings with the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 30-06-2026 2026-00223374 PDF
31-12-2024 full format 18-07-2025 2025-00284172 PDF
31-12-2023 full format 25-06-2024 2024-00159251 PDF
31-12-2022 full format 19-07-2023 2023-00249289 PDF
31-12-2021 full format 20-07-2022 2022-20203570 PDF
31-12-2020 full format 31-08-2021 2021-65100309 PDF
31-12-2019 full format 23-06-2020 2020-19800326 PDF
31-12-2018 full format 24-06-2019 2019-24200340 PDF
31-12-2017 full format 22-06-2018 2018-21900181 PDF
31-12-2016 full format 03-06-2017 2017-15800355 PDF

Show all 37 filings

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