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UNITY

Active Private limited companyfounded 2019active for 7 yearsNering 10, 1650 BeerselKBO/BCE: BE 0720.990.013

Overview

Lifetime

6 annual accounts with figures on one time axis
Gross marginpeak €38,823 (2023)
€1,155▼ 83.1%
Resultlowest -€38,430 (2020)
-€17,863▼ €5,166
Equitypeak €34,028 (2023)
€3,468▼ 83.7%
Debts
€653,053▼ 0.8%
Board1 name since 2019
1 directorDE BOCK Carine René Gabrielle Marie
Documentsfilings and deeds
13-06-202648 days before the deadline
2025micro format
Gross margin from €6,818 to €1,155Loss of €17,863Equity from €21,331 to €3,468

Key points

from the 2025 annual accounts

Losses

-€30,560 in two years
-12,6972024-17,8632025

The 2024 and 2025 financial years closed with a loss. 2025 was the heaviest.

Debts

€653,053 99% of the balance sheet
Suppliers 0%Taxes and wages 1%Other 98%

Of this, €9,842 falls due within a year.

Position in the sector

-€17,863

Lower net result than 87% of companies in retail trade. Sector median €5,067 · 22,842 companies.

Checked score

54
Fair
Financially stronger than 26% of micro companies in retail trade (NACE 47)
Probability in this band: 1.5% to 4.2%

A net loss of at least half of total assets or of the equity at the start of the financial year caps the score at 59.

Bankruptcy probability within 12 months
0.9% Low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.6% across 40,273 companies (NACE 47, micro).

About 9 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.4% 01-2025: 1.4%● unchanged vs 12-2024 02-2025: 1.5%▲ +0.1 percentage points vs 01-2025 03-2025: 1.5%● unchanged vs 02-2025 04-2025: 1.5%● unchanged vs 03-2025 05-2025: 1.5%● unchanged vs 04-2025 06-2025: 1.6%▲ +0.1 percentage points vs 05-2025 07-2025: 1.7%▲ +0.1 percentage points vs 06-2025highest value 08-2025: 0.9%▼ -0.8 percentage points vs 07-2025lowest value 09-2025: 0.9%● unchanged vs 08-2025lowest value 10-2025: 0.9%● unchanged vs 09-2025 11-2025: 0.9%● unchanged vs 10-2025 12-2025: 0.9%● unchanged vs 11-2025 01-2026: 0.9%● unchanged vs 12-2025 02-2026: 0.9%● unchanged vs 01-2026 03-2026: 0.9%● unchanged vs 02-2026 04-2026: 1.0%▲ +0.1 percentage points vs 03-2026 05-2026: 1.1%▲ +0.1 percentage points vs 04-2026 06-2026: 1.1%● unchanged vs 05-2026 07-2026: 1.2%▲ +0.1 percentage points vs 06-2026 08-2026: 1.3%▲ +0.1 percentage points vs 07-2026 09-2026: 1.4%▲ +0.1 percentage points vs 08-2026 10-2026: 0.9%▼ -0.5 percentage points vs 09-2026 11-2026: 0.9%● unchanged vs 10-2026

Financial strength
Weak

Solvency
26-2equity 0.5% of total assets
Liquidity
52=short-term debt 1.5% · cash 1.5%
Profitability
15-51return on assets -2.7%

Score breakdown

raises risk
Capped at 59: a net loss of at least half of total assets or of the equity at the start of the financial year
Equity €3,468 (0.5% of total assets)
Sector: Retail trade (NACE 47)
Founded in 2019
lowers risk
Size: total assets €656,521
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 47, micro). It does better than 19% of them on solvency, 56% on liquidity, 20% on profitability and 7% on growth.

The bankruptcy probability was computed on 05-11-2026 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 low class on 30-06-2025, 0.8% 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, 819 companies had the same profile as UNITY has now. Each dot stands for 3 companies, two years later.

94.7%
were still trading
3.2%
stopped another way
1.8%
went bankrupt
  • Small
  • 5 to 10 years old
  • solvency under 10%
  • a small loss

Another 0.2% stopped without a precise date, possibly only after those two years.

That fits the bankruptcy probability of UNITY itself: 0.9% 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.

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 819 companies, not a prediction for UNITY. 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

No publishable credit limit, so credit only on tighter terms

Net loss of at least half of total assets or of the equity at the start of the financial year.

Liquidity is ample, with a current ratio of 39.81 (32.14 in 2024), above the usual 1.5. Short-term debt is 1.5% and cash 1.5% of total assets. However, 99.5% of the assets are financed with debt and provisions.

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

Seven signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €656,521
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Equity €3,468 (0.5% of total assets)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
raises risk · Founded in 2019
Companies of this age fail more often than older ones. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
202122232425
2020 to 2025 · latest year -€17,863
raises risk · Weak solvency compared with the sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 23% of 22859 sector peers (2025).
NBB · sector comparison
Position among 22859 sector peers
Solvency
better than 23%
← weakest strongest →
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 13-06-2026, 48 days ahead of the deadline.
NBB · 6 filings
Deviation from the deadline
2025
48 days early
2024
23 days early
2023
on the day
2022
1 day early
2021
76 days late
2020
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 6 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% 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 30 July (4 of the last 5 accounts filed within 47 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
06-11-2026 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

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0720990013
Reappointment: DE BOCK Carine René Gabrielle Marie (director) Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 17-11-2023 · Gazette deed
New establishment in Ixelles SARTORIAL CORNER, Darwinstraat 40
New establishment in Beersel Wolfabriekplein 2
All 15 events

Comparable companies

same main activity, similar in size and age
Company Total assets Gross margin Solvency Staff
UNITY Beersel €0.7m €1,155 0.5% -
JURIC Gerpinnes €0.7m -€26,774 4.6% -
CATLION Anderlecht €0.4m -€124,221 -450.5% -
SUPLEMINT Lasne €0.7m -€65,533 19.7% 2.1
SHOPEASYLIFE Beveren-Kruibeke-Zwijndrecht €0.6m €293 50.5% -
OH Concept Nivelles €1.0m -€2,283 18.1% -
CBX MEDICAL Charleroi €1.1m -€14,483 73.0% -

These companies have the same main activity as UNITY: other non-specialised retail sale (NACE 47120). They are comparable in size and age: total assets between €445,000 and €1.1m, founded between 2017 and 2020.

Official details

Source: KBO
Status
Active since 21-02-2019Normal situation
Activity
Other non-specialised retail saleNACE 47120
Establishment units
2.286.641.1781650 Beersel, since 21-02-2019
2.300.125.7621651 Beersel, since 10-03-2020and 1 other
Financial year end
31 December
Peppol
Reachable since 24-11-2023
Company details

Annual accounts 2025

Gross margin
€1,155▼ 83.1%
Turnover
≈ €13,000estimated
Loss
€17,863▲ 40.7%
Equity
€3,468▼ 83.7%
Total assets
€656,521▼ 3.4%
Filing
Filed on 13-06-2026, 48 days before the end of the filing period
Financials

Insights on UNITY

UNITY files the micro format. That format states no turnover. The gross margin fell from €6,589 in 2020 to €1,155 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette.

Financials

Annual accounts 2025

micro format, filed on 13-06-2026, 48 days before the deadline
Gross margin
€1,155
▼ 83.1%
Operating result
-€16,841
▼ €4,284
Loss
-€17,863
▼ €5,166
Working capital
€381,973
▼ 1.2%
Solvency
0.5%
▼ 2.6 percentage points
Current ratio
39.81
▲ 7.67

Turnover and EBIT margin are not published. The micro format does not require them. The turnover shown is an estimate from the gross margin.

Turnover ≈ €13,000. Estimated: probably between €6,000 and €26,000.

Balance sheet

balance sheet total €656,521 on 31-12-2025
What the company ownsHow it is paid for

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency0.5%

Higher than 23% of 22,859 companies in 2025.

Current ratio39.81

Higher than 95% of 21,993 companies in 2025.

Return on assets-2.7%

Higher than 27% of 22,143 companies in 2025.

UNITY Middle half of the sector 80% of the sector Micro accounts in retail trade (NACE 47)

Net result: bottom quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: top quarter

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020
Balance sheet: assets
Total assets20/58 656,521679,451630,811545,568462,864425,641
Fixed assets21/28 264,707280,414295,518259,429271,336283,491
Tangible fixed assets22/27 259,607275,314290,418259,429271,336283,491
Land and buildings22 221,654231,509241,364251,218261,073270,928
Plant, machinery and equipment23 3363751,8994,1016,3038,505
Furniture and vehicles24 3,9574,8093,5724,1103,9604,058
Other tangible fixed assets26 33,65938,62143,583---
Financial fixed assets28 5,1005,1005,100---
Current assets29/58 391,815399,036335,293286,138191,527142,150
Stocks and contracts in progress3 380,108382,453299,146263,151172,646123,675
Stocks30/36 380,108382,453299,146263,151172,646123,675
Amounts receivable within one year40/41 1821,0379342,282792526
Trade receivables40 --91025488207
Other amounts receivable41 1821,037242,028705319
Cash at bank and in hand54/58 9,57513,51532,52819,20316,55917,706
Deferred charges and accrued income490/1 1,9492,0322,6851,5021,530243
Balance sheet: equity and liabilities
Total equity and liabilities10/49 656,521679,451630,811545,568462,864425,641
Equity10/15 3,46821,33134,02811,9772,2866,570
Contributions10/11 45,00045,00045,00045,00045,00045,000
Profit (loss) carried forward14 -41,532-23,669-10,972-33,023-42,714-38,430
Amounts payable17/49 653,053658,120596,783533,591460,578419,071
Amounts payable after more than one year17 643,211645,706----
Other amounts payable178/9 643,211645,706----
Amounts payable within one year42/48 9,84212,415596,783533,591460,578419,071
Trade debts44 2,7882,8462,5156,2034,4012,361
Suppliers440/4 2,7882,8462,5156,2034,4012,361
Taxes, remuneration and social security45 7,0549,56810,6456,4703,6113,773
Taxes450/3 7,0549,56810,6456,4703,6113,773
Other amounts payable47/48 --583,623520,917452,566412,938
Income statement
Gross operating margin9900 1,1556,81838,82325,2799,7406,589
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 16,65917,85015,54313,23612,98029,914
Other operating charges640/8 1,3371,5251,2052,4161,02914,773
Operating profit (loss)9901 -16,841-12,55722,0759,627-4,270-38,098
Financial income75/76B -398918213136
Recurring financial income75 -398918213136
Financial charges65/66B 1,022179113118145369
Recurring financial charges65 1,022179113118145369
Profit (loss) for the period before taxes9903 -17,863-12,69722,0519,691-4,284-38,430
Profit (loss) for the period9904 -17,863-12,69722,0519,691-4,284-38,430
Profit (loss) for the period to be appropriated9905 -17,863-12,69722,0519,691-4,284-38,430
Appropriation of the result
Profit (loss) to be appropriated9906 -41,532-23,669-10,972-33,023-42,714-38,430
Profit (loss) brought forward from the previous period14P -23,669-10,972-33,023-42,714-38,430-
Document PDFPDFPDFPDFPDFPDF

The notes to these accounts have 6 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 13-06-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 micro format 13-06-2026 2026-00158410 PDF
31-12-2024 micro format 08-07-2025 2025-00244989 PDF
31-12-2023 micro format 31-07-2024 2024-00333337 PDF
31-12-2022 micro format 30-07-2023 2023-00311557 PDF
31-12-2021 micro format 15-10-2022 2022-20467187 PDF
31-12-2020 micro format 30-08-2021 2021-65100511 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020
EBITDA -1825,29337,61922,8638,710-8,184
Cash flow -1,2045,15337,59422,9278,696-8,517
Investment in fixed assets 9512,74651,6331,329826313,404
Change in cash -3,940-19,01313,3262,644-1,147-
Working capital 381,973386,622-261,491-247,452-269,051-276,921
Solvency 0.5%3.1%5.4%2.2%0.5%1.5%
Current ratio 39.8132.140.560.540.420.34
Quick ratio 1.191.340.060.040.040.04
Debt to equity -30.8517.5444.55-63.79
ROE -515.1%-59.5%64.8%80.9%-187.4%-585.0%
ROA -2.7%-1.9%3.5%1.8%-0.9%-9.0%
Interest coverage -0.1829.61over 100over 10060.15-

A ratio outside any meaningful range has been withheld (balance sheet total €656,521, equity €3,468).

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€951€2,746€46,533€1,329€826
Financial fixed assets--€5,100--
Depreciation and write-downs of the year€16,659€17,850€15,543€13,236€12,980

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

Insights on UNITY

The operating result for 2025 is a loss of €16,841, larger than the loss of €12,557 in 2024. It is the lowest result since 2020.

Debt's share of the balance-sheet total rises from 96.9% to 99.5%. Equity and debt are lower.

Board & ownership

Board

1 director
Director (not named in the articles)
in office according to the deed of 23-11-2023 term without a fixed end
listed in the 2025 annual accounts, filed on 13-06-2026

Office holders in the KBO →

Mandates through the years

1 name, the dashed line is today
DE BOCK Carine René Gabrielle Marie
Director (not named in the articles)
Board
Mandates as a list
  • DE BOCK Carine René Gabrielle Marie
    • Director (not named in the articles), from 14-02-2019 to date

See the board, name and registered office on a given date →

Control

Capital

Contribution
€45,000
Source
2025 annual accounts

Articles of association

deed of 23-11-2023 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Kind of sharesThe articles set which classes of shares exist and what rights each class carries.
90 shares
Transfer restrictionThis rule says whether shareholders may sell their shares freely or need approval first.
“Alle procedure- en expertisekosten voor helft ten laste overdrager en andere helft ten laste koper(s),naar evenredigheid met verworven…”
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 18:00

Capital transactions

Capital over time
  1. 23-11-2023 Converted to unavailable equity
  2. 23-11-2023 Converted to available equity

Network & group

No group

UNITY has no parent and no holdings in its annual accounts. DE BOCK Carine René Gabrielle Marie is the only director. UNITY shares no director with another company.

At the same address

Nering 10, 1650 Beersel · 1 other company
NERING'S HORSES
registered office since 06-01-2023
founded in 2023
0795.829.174

Timeline

Timeline

15 events since 2019

Deadline for the 2026 accounts: 31-07-2027

2026
Annual accounts 2025 filed NBBmicro format · 48 days before the deadline
2025
Annual accounts 2024 filed PDFmicro format · 23 days before the deadline
2024
Liquidity more than 57 times current ratio 32.14 The current ratio rises from 0.56 to 32.14. Short-term debt falls from €596,783 to €12,415.
Annual accounts 2023 filed PDFmicro format · on the deadline day
2023
Highest result from 2020 to 2025 net €22,051 ▲128% The operating result of €22,075 and the net result of €22,051 are both a record.
Registered in the Peppol Directory Reachable for e-invoices through 0208:0720990013
Reappointment: DE BOCK Carine René Gabrielle Marie (director)Legal-form conversion: from private limited company (pre-2019) to private limited company · General meeting of 17-11-20234 points ▸
  • General meeting, 17-11-2023
  • Legal-form conversion, from private limited company (pre-2019) to private limited company
  • Director reappointment, DE BOCK Carine René Gabrielle Marie (director (not named in the articles))
  • 90 shares
  • The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

Annual accounts 2022 filed PDFmicro format · 1 day before the deadline
New establishment in Ixelles SARTORIAL CORNER, Darwinstraat 40
2022
Back to profit net €9,691 The net result is €9,691, after 2 loss-making years.
Annual accounts 2021 filed PDFmicro format · 76 days late
2021
Annual accounts 2020 filed PDFmicro format · 30 days late
2020
New establishment in Beersel Wolfabriekplein 2
2019
Incorporation PDFpublished on 25-02-2019
First establishment Nering 10, Beersel

Financial milestones sit on the financial year-end date, not the filing date.

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

History

UNITY was incorporated on 21 February 2019.1 Total assets rose from €425,641 in 2020 to €656,521 in 2025.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2020 and 2025

Company details

Identity

Enterprise number
0720.990.013
VAT number
BE 0720.990.013
Peppol ID
0208:0720990013
Other Peppol ID
9925:BE0720990013
Legal form
Private limited company
Status
Active, normal situation
Founded
21-02-2019
Financial year
ends on 31 December
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
First Friday of June at 18:00
deed of 23-11-2023 (in Dutch)
Peppol
Reachable since 24-11-2023Follow this company and you will hear the next morning if it leaves the Peppol register.
Name
UNITY in Dutch
Entity type
Legal entity
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
deed of 23-11-2023 (in Dutch)
Registered office clauseThe articles name the region of the registered office. The language of official documents depends on that region, among other things.
“Nering 10, 1650 Beersel”
deed of 23-11-2023 (in Dutch)

Activities

NACEBEL 2025
47120 Other non-specialised retail sale main activity
Codes under NACEBEL 2008
47191 Retail trade main activity
47910 Retail trade

Registered office and establishments

3 establishments
Establishment Since Unit number
Nering 10 registered office 1650 Beersel 21-02-2019 2.286.641.178
Wolfabriekplein 2 1651 Beersel 10-03-2020 2.300.125.762
SARTORIAL CORNER Darwinstraat 40, 1050 Ixelles 01-05-2023 2.344.667.172

Buildings and parcels at the addresses

Ground area
2,466 m²
Buildings
1,014 m²
Volume, LiDAR
14,873 m³
Tallest building
27.7 m
Buildings to scale, each on its own parcel
678 m², 15.0 m 202 m², 27.7 m 133 m², 9.2 m 678 m², 15.0 m 202 m², 27.7 m 133 m², 9.2 m

Location

registered office establishment All 3 establishment units on the map
2 companies at this address See who is registered here

Parcels

Flanders 2 (66.7%) Brussels 1 (33.3%)
Cadastral parcelRegionArea Buildings Height / floors
23046C0370/00V003Flanders2,007 m² 1 · 678 m² 15.0 m · 5
21447B0309/00X006Brussels281 m² 1 · 202 m² 27.7 m · 8
23003C0055/00C000Flanders178 m² 1 · 133 m² 9.2 m · 2

Contact

Website www.sartorialcorner.com establishment in Elsene