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UNITRON

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

UNITRON has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.1m and a net result of €19,032. Equity has been stable since 2018 (±2.4% per year). Its solvency ranks better than 79% of 6,182 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Overview

Overview

Official details

Source: KBO
Status
Active since 06-06-1989 Normal situation
Activity
Wholesale of machine tools NACE 46620and 5 others
Joint committees
209 White-collar workers in metal manufacturing
111 Metal, mechanical and electrical engineering · annual accounts 2025
Establishment unit
2.043.985.879 8970 Poperinge, since 05-07-1989
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
  • DELAFINManaging director · permanent representative LAMAIRE Philippe Alain Cormeel
  • ELLAMCOManaging director · permanent representative LAMAIRE Elisabeth Françoise Lucia
  • DELSCODirector · since 22-12-2023 · permanent representative DELEU Stephen
and 3 others
Auditor
VGD Bedrijfsrevisoren BV
Shareholders

Financial position

95 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.1%
Annual accounts 2025
Turnover
€9.3m
▲ 12.9%
Profit
€19,032
Equity
€3.1m
▲ 0.6%
Total assets
€4.3m
▲ 0.6%
Employees on 31-12-2025
18
=
Score breakdownraises riskProfit of €19,032 (financial year 2025)lowers riskFounded in 1989Equity €3.1m (72.9% of total assets)Liquidity: current ratio 4.06, cash €445,712Show the evidence

Checked score

Score 2025
95 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 63% of small companies in wholesale trade (NACE 46)
Financial strength · tick: 2024
Strong
Solvency 98=
equity 72.9% of total assets
Liquidity 55+3
short-term debt 22.9% · cash 10.4%
Profitability 55+39
return on assets 0.4%
Bankruptcy probability within 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.2% (4,375 companies, NACE 46, small)
Last 24 months 12-2024: 0.1% 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 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: 0.1%● unchanged vs 06-2025 08-2025: 0.1%● unchanged 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: 0.1%● unchanged vs 02-2026 04-2026: 0.1%● unchanged vs 03-2026 05-2026: 0.1%● unchanged vs 04-2026 06-2026: 0.1%● unchanged vs 05-2026 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.2%▲ +0.1 percentage points vs 07-2026 09-2026: 0.3%▲ +0.1 percentage points vs 08-2026highest value 10-2026: 0.1%▼ -0.2 percentage points vs 09-2026lowest value 11-2026: 0.1%● unchanged vs 10-2026lowest value
Credit of up to €290,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 4.06 (3.93 in 2024), above the usual 1.5. Short-term debt is 22.9% and cash 10.4% of total assets. 27.1% of the assets are financed with debt and provisions.
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 46, small). It does better than 82% of them on solvency, 73% on liquidity, 38% on profitability and 60% on growth.

The bankruptcy probability was computed on 04-11-2026 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).

Credit check for an amount and term of your choice

Show the recommended maximum and see how the verdict changes with amount, term and advance.

The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Founded in 1989
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Equity €3.1m (72.9% of total assets)
NBB · annual accounts
lowers risk · Liquidity: current ratio 4.06, cash €445,712
NBB · annual accounts
raises risk · Profit of €19,032 (financial year 2025)
NBB · annual accounts
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 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
31 days early
2024
13 days early
2023
36 days early
2022
12 days early
2021
11 days early
2020
31 days late
2019
38 days early
← 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 16 days before the deadline. In the sector (NACE 46), the median for financial year 2024 was 3 days before the deadline, and 39% 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 18 July (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
05-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Financials

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.

Download as CSV

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

Board & ownership

Directors

Directors
6 directors, 2 in day-to-day management

Board 6

DELAFIN
Director · since 22-12-2023 · 6-year term from 2024 · Private limited company · permanent representative: LAMAIRE Philippe Alain Cormeel · also on the board of 1 other company · listed in the 2025 annual accounts, filed on 30-06-2026
Current
DELSCO
Director · since 22-12-2023 · 6-year term from 2024 · Private limited company · permanent representative: DELEU Stephen · listed in the 2025 annual accounts, filed on 30-06-2026
Current
ELLAMCO
Director · since 22-12-2023 · 6-year term from 2024 · Private limited company · permanent representative: LAMAIRE Elisabeth Françoise Lucia · also on the board of 1 other company · listed in the 2025 annual accounts, filed on 30-06-2026
Current
GOTECO
Director · since 22-12-2023 · 6-year term from 2024 · Private limited company (pre-2019) · permanent representative: GOEMAERE Joris Daniël Cornelius · listed in the 2025 annual accounts, filed on 30-06-2026
Current
MADECOM
Director · since 22-12-2023 · 6-year term from 2024 · Private limited company · permanent representative: DEWITTE Maxim Gaston Jerome · listed in the 2025 annual accounts, filed on 30-06-2026
Current
SAWIVAN
Director · since 22-12-2023 · 6-year term from 2024 · Private limited company · permanent representative: WINDELS Sammy Leon Marguerite · listed in the 2025 annual accounts, filed on 30-06-2026
Current

Day-to-day management 2

DELAFIN
Managing director · in office according to the deed of 12-02-2024 · 6-year term from 2024 · Private limited company · permanent representative: LAMAIRE Philippe Alain Cormeel
Current
ELLAMCO
Managing director · in office according to the deed of 12-02-2024 · 6-year term from 2024 · Private limited company · permanent representative: LAMAIRE Elisabeth Françoise Lucia
Current
Permanent representatives 6
DELEU Stephen
Permanent representative · in office according to the deed of 12-02-2024 · for DELSCO
Current
DEWITTE Maxim Gaston Jerome
Permanent representative · in office according to the deed of 29-03-2022 · for MADECOM
Current
GOEMAERE Joris Daniël Cornelius
Permanent representative · in office according to the deed of 12-02-2024 · for GOTECO
Current
LAMAIRE Elisabeth Françoise Lucia
Permanent representative · in office according to the deed of 12-02-2024 · for ELLAMCO
Current
LAMAIRE Philippe Alain Cormeel
Permanent representative · in office according to the deed of 12-02-2024 · for DELAFIN
Current
WINDELS Sammy Leon Marguerite
Permanent representative · in office according to the deed of 29-03-2022 · for SAWIVAN
Current

Statutory auditor 1

VGD Bedrijfsrevisoren BV
Statutory auditor · current term since 25-05-2024 · permanent representative: Vandewalle Peter · listed in the 2025 annual accounts, filed on 30-06-2026
Current

Owners and capital

Shareholders

1 owner

Chain of control

  1. UNITRON GROUP 100%
  2. UNITRON

Owners 1

Owners through the years 2007 to 2025
Owners through the years
Name2007200820092010201120122013201420152016201720182019202020212022202320242025
UNITRON GROUP 99.8%100%
LAMCO SERVICES consolidates

Source: shareholder structure in its own accounts, parent in its own accounts, lists of holdings in the owners' accounts

Capital transactions

Capital over time
  1. 12-02-2024 Capital stated in the deed · €625,000 · 2,500 shares

Mandate history

8 people, 7 in office
Show
  • Board
  • Day-to-day management
  • Statutory auditor
  • mandate already running before its first mention
  • end not dated
Mandates per person, with start and end dates
Name Functions and periods
MADECOM
  • Director, since before 29-03-2022
SAWIVAN
  • Director, since before 29-03-2022
DELAFIN
  • Director, since before 12-02-2024
  • Managing director, since before 12-02-2024
DELSCO
  • Director, since before 12-02-2024
ELLAMCO
  • Director, since before 12-02-2024
  • Managing director, since before 12-02-2024
GOTECO
  • Director, since before 12-02-2024
VGD Bedrijfsrevisoren BV
  • Statutory auditor, appointed by deed of 29-03-2022, still in office
UNITRON GROUP
  • Chair of the board, from before 12-02-2024, no longer listed in the 2025 annual accounts
  • Director, from before 12-02-2024, no longer listed in the 2025 annual accounts
See the board, name and registered office on a given date →

Articles of association

Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 3 directors
Term of at most 6 years

Articles of association, deed of 12-02-2024 (in Dutch)

Network & group

Parent company per the LEI register

Parent company: none declared
UNITRON declares that natural persons control it, with no company in between that consolidates it.

Own declaration in the LEI register: 549300F82MUQRCBK2J97

Companies at the same address

8 other companies

Connections & network

1 connected company
Depth

The connected companies are in the list below.

This company Company Director Shareholding +N: links not shown yet Click a node to look further, drag to arrange, zoom with the mouse wheel.
Linked via shared directors
BESSLA
via DELAFIN and ELLAMCO · Director (not named in the articles) · deed of 30-12-2024
Founded in 2024 · total assets €239,302 (2025)
→

Timeline

Deeds, filings and financial milestones

Deadline for the 2026 accounts: 31-07-2027
2026
30-06
NBB filing Annual accounts 2025 filedNBB
full format · 31 days before the deadline
2025
31-12
Financial Back to profitnet €19,032
The net result is €19,032, after 2 loss-making years.
18-07
NBB filing Annual accounts 2024 filedPDF
full format · 13 days before the deadline
2024
18-12
Gazette deed Reappointment: VGD Bedrijfsrevisoren bv (statutory auditor)
2 points ▸
  • General meeting, 25-05-2024
  • Auditor reappointment, VGD Bedrijfsrevisoren bv (statutory auditor)

Open the deed in the Belgian Official Gazette

25-06
NBB filing Annual accounts 2023 filedPDF
full format · 36 days before the deadline
12-02
Gazette deed Amendment of the articles · Resignations & appointments
Reappointments: ELLAMCO, DELAFIN and 5 others · Permanent representatives: LAMAIRE Elisabeth Françoise Lucia, LAMAIRE Philippe Alain Cormeel and 5 others12 points ▸
  • General meeting, 22-12-2023
  • Incorporation, 06-06-1989
  • Capital, €625,000, 2,500 shares
  • Registered office clause, Frankrijklaan 27, 8970 Poperinge
  • Director reappointment, ELLAMCO
  • Permanent representative, LAMAIRE Elisabeth Françoise Lucia, mentioned twice in the deed
  • Director reappointment, DELAFIN
  • Permanent representative, LAMAIRE Philippe Alain Cormeel, mentioned twice in the deed
  • Director reappointment, UNITRON GROUP
  • Permanent representative, LAMAIRE Willy Hilaire Cornelius, mentioned twice in the deed
  • Director reappointment, MADECOM
  • Permanent representative, DEWITTE Maxim Gaston Jerome
  • The deed holds 17 more points.

Open the deed in the Belgian Official Gazette

2023
31-12
Financial Weakest financial yearnet -€328,126
The net result drops to -€328,126, the lowest from 2018 to 2025. It recovers the following year.
19-07
NBB filing Annual accounts 2022 filedPDF
full format · 12 days before the deadline
2022
20-07
NBB filing Annual accounts 2021 filedPDF
full format · 11 days before the deadline
29-03
Gazette deed 2 directors reappointed
Reappointments: Sawivan bv, Madecom bv and VGD Bedrijfsrevisoren bv · Permanent representatives: Windels Sammy, Dewitte Maxim and Vandewalle Peter7 points ▸
  • General meeting, 29-06-2021
  • Director reappointment, Sawivan bv
  • Director reappointment, Madecom bv
  • Auditor reappointment, VGD Bedrijfsrevisoren bv (statutory auditor)
  • Permanent representative, Windels Sammy (director)
  • Permanent representative, Dewitte Maxim (director)
  • Permanent representative, Vandewalle Peter (statutory auditor)

Open the deed in the Belgian Official Gazette

2021
31-08
NBB filing Annual accounts 2020 filedPDF
full format · 31 days late
2020
31-12
Financial Liquidity more than doubledcurrent ratio 4.74
The current ratio rises from 2.21 to 4.74. Short-term debt falls from €2.5m to €849,298.
Show earlier events
23-06
NBB filing Annual accounts 2019 filedPDF
full format · 38 days before the deadline
2019
24-06
NBB filing Annual accounts 2018 filedPDF
full format · 37 days before the deadline
2018
22-06
NBB filing Annual accounts 2017 filedPDF
full format · 39 days before the deadline
2017
03-06
NBB filing Annual accounts 2016 filedPDF
full format · 58 days before the deadline
1989
05-07
Gazette deed Incorporation
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.

Sources:Publications in the Belgian Official GazetteFilings with the National Bank

History

On 6 June 1989, UNITRON was incorporated.1 Turnover went from €12.9m in 2018 to €9.3m in 2025 and headcount from 19.6 to 18 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2025

Company details

Register details

Identity

KBO record
Name UNITRON in Dutch
Enterprise number 0437.664.097
LEI code 549300F82MUQRCBK2J97 live in the LEI register
Legal form Public limited company
Status Active, normal situation
Founded 06-06-1989
Entity type Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
“Artikel 2 - Duur De vennootschap is opgericht voor onbepaalde tijd.”
deed of 12-02-2024 (in Dutch)

Registered office and establishments

Registered office Frankrijklaan 27, 8970 Poperinge, Belgium
Establishment unit UNITRON NV, Frankrijklaan 27, 8970 Poperinge since 05-07-1989 · unit number 2.043.985.879 26300 Manufacture of computer, electronic and optical products
Phone 057/333363
Fax 057334524

Activities

NACEBEL 2025
VAT activities
46620 Wholesale of machine tools main activity
26110 Manufacture of computer, electronic and optical products
46190 Agents in non-specialised wholesale trade
46500 Wholesale of information and communication equipment
64210 Activities of holding companies
Social security (RSZ) activities
26300 Manufacture of computer, electronic and optical products main activity
Codes under NACEBEL 2008
VAT activities
46620 Wholesale of machine tools main activity
26110 Manufacture of computer, electronic and optical products
46190 Wholesale trade
46520 Wholesale trade
64200 Holdings
Social security (RSZ) activities
26300 Manufacture of computer, electronic and optical products main activity
Codes under NACEBEL 2003
VAT activities
32100 main activity
51810
51860
Social security (RSZ) activities
32201 main activity
Joint committees 209 White-collar workers in metal manufacturing
111 Metal, mechanical and electrical engineering annual accounts 2025

Invoicing and payment

VAT number BE 0437.664.097
E-invoicing via Peppol
Reachable via Peppol
Peppol ID 0208:0437664097

Follow this company and you will hear the next morning if it leaves the Peppol register.

Register as of 5 November 2026 · Peppol Directory

Financial year and general meeting

Accounts at the NBB
Financial year end 31-12
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Last Saturday of May at 08:30
deed of 12-02-2024 (in Dutch)

Environmental permits

2 applications in Flanders since 2018 · 1 under review
Nieuwbouw of aanleggen
Under reviewsubmitted 01-10-2026authority: Poperingeproject 2026106221
Nieuwbouw of aanleggen
Discontinued on 27-09-2018submitted 03-01-2018authority: Departement Omgevingproject 2017011057

Source: Omgevingsloket Vlaanderen.

Sites & property

Location
registered office establishment The establishment unit on the map
9 companies at this address See who is registered here

Buildings and parcels at the address

Ground area
4,687 m²
Building footprint
2,143 m²
Building volume
11,148 m³
Cadastral parcel Region Area Buildings Height / floors
33021E0246/00N003 Flanders 4,687 m² 1 · 2,143 m² 7.0 m · 2