UNIVERSAL CONECTION
ActiveSummary
The computed 12-month bankruptcy probability of UNIVERSAL CONECTION is 3.2% (moderate). The 2025 annual accounts show negative equity (€-39k) and a net result of €-53k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 11% of 4654 sector peers (fiscal year 2025). The company has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
Axes · tick = 2024
Profitability9▲+1
Solvency9▼-22
Growth32=
Track record100
Bankruptcy probability, 12 months
3.2%
Moderate
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.48 against 0.65 in 2024; short-term debt: 87.7% and cash: 0.4% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 49
Relative position
BE, all sectors
reference
Land transport and transport via pipelines (NACE 49)
about 141% more bankruptcies
← 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 2025Solvency, return and age of the figures
Solvency
-16.2%
Return on assets
-22.3%
Age of the figures
18 mo
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 · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
19202122232425
2019 to 2025 · latest year €-39k
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2025 was due by 31-10-2025 and was filed on 31-10-2025, 0 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
on the day
2024
23 d early
2023
13 d late
2022
28 d early
2021
39 d early
2020
26 d early
2019
44 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-03-2026 and is due by 31-10-2026. Nothing is late today.
Companies Code · seven monthsPosition in the running window
31-03-2026 close25-09-2026 today31-10-2026 deadline
Financials · fiscal year 2025, micro schema
Equity
€-39k
2024 · €14k
2019: €52k
2020: €80k▲ +52.1% vs 2019
2021: €102k▲ +27.4% vs 2020
2022: €115k▲ +13.1% vs 2021highest in 7 years
2023: €70k▼ -39.4% vs 2022
2024: €14k▼ -79.2% vs 2023
2025: €-39k▼ -368% vs 2024lowest in 7 years
2019 → 2025
Total assets
€239k▼ 5.6%
2024 · €253k
2019: €55klowest in 7 years
2020: €150k▲ +172% vs 2019
2021: €286k▲ +91.2% vs 2020
2022: €271k▼ -5.4% vs 2021
2023: €352k▲ +29.8% vs 2022highest in 7 years
2024: €253k▼ -28.0% vs 2023
2025: €239k▼ -5.6% vs 2024
2019 → 2025
Net result
€-53k▲ 3.3%
2024 · €-55k
2019: €6k
2020: €23k▲ +282% vs 2019highest in 7 years
2021: €22k▼ -5.6% vs 2020
2022: €13k▼ -39.1% vs 2021
2023: €-45k▼ -440% vs 2022
2024: €-55k▼ -21.9% vs 2023lowest in 7 years
2025: €-53k▲ +3.3% vs 2024
2019 → 2025
Working capital
€-108k▼ 73.6%
2024 · €-62k
2019: €52khighest in 7 years
2020: €37k▼ -28.7% vs 2019
2021: €32k▼ -13.7% vs 2020
2022: €37k▲ +15.2% vs 2021
2023: €-6k▼ -118% vs 2022
2024: €-62k▼ -860% vs 2023
2025: €-108k▼ -73.6% vs 2024lowest in 7 years
2019 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€102k-€115k▲ 13.1%€70k▼ 39.4%€14k▼ 79.2%€-39k
2021: €102k
2022: €115k▲ +13.1% vs 2021highest in 5 years
2023: €70k▼ -39.4% vs 2022
2024: €14k▼ -79.2% vs 2023
2025: €-39k▼ -368% vs 2024lowest in 5 years
Operating result€27k-€20k▼ 25.2%€-43k€-52k▼ 19.8%€-41k▲ 20.2%
2021: €27khighest in 5 years
2022: €20k▼ -25.2% vs 2021
2023: €-43k▼ -317% vs 2022
2024: €-52k▼ -19.8% vs 2023lowest in 5 years
2025: €-41k▲ +20.2% vs 2024
Net result€22k-€13k▼ 39.1%€-45k€-55k▼ 21.9%€-53k▲ 3.3%
2021: €22khighest in 5 years
2022: €13k▼ -39.1% vs 2021
2023: €-45k▼ -440% vs 2022
2024: €-55k▼ -21.9% vs 2023lowest in 5 years
2025: €-53k▲ +3.3% vs 2024
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 €41k in 2025 against €52k in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €239k
Fixed assets
€138k ▲ 1.1%
Current assets
€101k ▼ 13.4%
Key figures and ratios
EBITDA
€13k▲
2024 · €7k
Cash flow
€914▼
2024 · €4k
Solvency
-16.2%▼
2024 · 5.7%
Current ratio
0.48▼
2024 · 0.65
Debt to equity
-7.16▼
2024 · 16.48
ROA
-22.3%▼
2024 · -21.8%
Interest coverage
1.08▲
2024 · 0.98
Debt
€278k▲
2024 · €239k
Debt ≤ 1 year
€209k▲
2024 · €179k
Debt > 1 year
€68k▲
2024 · €59k
Staff costs
€305k▼
2024 · €343k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 46 lines
Balance sheet
Code20242025
Assets
Total assets20/58€253k€239k▼
Fixed assets21/28€136k€138k▲
Tangible fixed assets22/27€82k€84k▲
Plant, machinery and equipment23€2k€692▼
Furniture and vehicles24€81k€83k▲
Financial fixed assets28€54k€54k=
Current assets29/58€117k€101k▼
Amounts receivable within one year40/41€111k€100k▼
Trade receivables40€77k€100k▲
Other amounts receivable41€33k-
Cash at bank and in hand54/58€6k€1k▼
Deferred charges and accrued income490/1€106€107▲
Equity and liabilities
Total equity and liabilities10/49€253k€239k▼
Equity10/15€14k€-39k▼
Contributions10/11€19k€19k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-6k€-59k▼
Amounts payable17/49€239k€278k▲
Amounts payable after more than one year17€59k€68k▲
Financial debts170/4€59k€68k▲
Amounts payable within one year42/48€179k€209k▲
Current portion of amounts payable after more than one year42€61k€60k▼
Financial debts43€336-
Credit institutions430/8€336-
Trade debts44€26k€19k▼
Suppliers440/4€26k€19k▼
Taxes, remuneration and social security45€91k€114k▲
Taxes450/3€40k€92k▲
Remuneration and social security454/9€51k€22k▼
Other amounts payable47/48-€17k
Income statement
Code20242025
Remuneration, social security and pensions62€343k€305k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€59k€54k▼
Other operating charges640/8€71k€70k▼
Gross operating margin9900€421k€388k▼
Operating profit (loss)9901€-52k€-41k▲
Financial income75/76B€4k-
Recurring financial income75€4k-
Financial charges65/66B€7k€12k▲
Recurring financial charges65€7k€12k▲
Profit (loss) for the period before taxes9903€-55k€-53k▲
Profit (loss) for the period9904€-55k€-53k▲
Profit (loss) for the period to be appropriated9905€-55k€-53k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-6k€-59k▼
Profit (loss) brought forward from the previous period14P€49k€-6k▼
The notes to these accounts (9 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €237k | €329k | €343k | €305k | ▼ 10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €21k | €35k | €52k | €59k | €54k | ▼ 7.8% |
| Other operating charges640/8 | - | €58k | €62k | €71k | €70k | ▼ 1.5% |
| Gross operating margin9900 | €306k | €350k | €400k | €421k | €388k | ▼ 7.8% |
| Operating profit (loss)9901 | €27k | €20k | €-43k | €-52k | €-41k | ▲ 20.2% |
| Financial income75/76B | - | €5k | €4k | €4k | - | - |
| Recurring financial income75 | €4k | €5k | €4k | €4k | - | - |
| Financial charges65/66B | - | €2k | €6k | €7k | €12k | ▲ 65.8% |
| Recurring financial charges65 | €1k | €2k | €6k | €7k | €12k | ▲ 65.8% |
| Profit (loss) for the period before taxes9903 | €29k | €23k | €-45k | €-55k | €-53k | ▲ 3.3% |
| Income taxes67/77 | €7k | €9k | - | - | - | - |
| Profit (loss) for the period9904 | €22k | €13k | €-45k | €-55k | €-53k | ▲ 3.3% |
| Profit (loss) for the period to be appropriated9905 | €22k | €13k | €-45k | €-55k | €-53k | ▲ 3.3% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €286k | €271k | €352k | €253k | €239k | ▼ 5.6% |
| Fixed assets21/28 | €124k | €108k | €193k | €136k | €138k | ▲ 1.1% |
| Tangible fixed assets22/27 | €85k | €64k | €139k | €82k | €84k | ▲ 1.8% |
| Plant, machinery and equipment23 | - | - | €3k | €2k | €692 | ▼ 58.2% |
| Furniture and vehicles24 | - | €64k | €137k | €81k | €83k | ▲ 3.0% |
| Financial fixed assets28 | €39k | €44k | €54k | €54k | €54k | = |
| Current assets29/58 | €162k | €163k | €158k | €117k | €101k | ▼ 13.4% |
| Amounts receivable within one year40/41 | €152k | €148k | €158k | €111k | €100k | ▼ 9.6% |
| Trade receivables40 | - | €86k | €109k | €77k | €100k | ▲ 29.4% |
| Other amounts receivable41 | - | €63k | €49k | €33k | - | - |
| Cash at bank and in hand54/58 | €9k | €14k | €194 | €6k | €1k | ▼ 83.1% |
| Deferred charges and accrued income490/1 | - | €170 | - | €106 | €107 | ▲ 0.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €286k | €271k | €352k | €253k | €239k | ▼ 5.6% |
| Equity10/15 | €102k | €115k | €70k | €14k | €-39k | ▼ 368% |
| Contributions10/11 | - | €19k | €19k | €19k | €19k | = |
| Outside capital11 | - | €19k | - | - | - | - |
| Other1109/19 | - | €19k | - | - | - | - |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €81k | €94k | €49k | €-6k | €-59k | ▼ 891% |
| Amounts payable17/49 | €185k | €156k | €282k | €239k | €278k | ▲ 16.4% |
| Amounts payable after more than one year17 | €55k | €31k | €117k | €59k | €68k | ▲ 14.9% |
| Financial debts170/4 | - | €31k | €117k | €59k | €68k | ▲ 14.9% |
| Amounts payable within one year42/48 | €130k | €126k | €165k | €179k | €209k | ▲ 16.8% |
| Current portion of amounts payable after more than one year42 | - | €25k | €61k | €61k | €60k | ▼ 2.0% |
| Financial debts43 | - | - | - | €336 | - | - |
| Credit institutions430/8 | - | - | - | €336 | - | - |
| Trade debts44 | €65k | €47k | €35k | €26k | €19k | ▼ 26.9% |
| Suppliers440/4 | - | €47k | €35k | €26k | €19k | ▼ 26.9% |
| Taxes, remuneration and social security45 | - | €53k | €69k | €91k | €114k | ▲ 24.3% |
| Taxes450/3 | - | €35k | €38k | €40k | €92k | ▲ 128% |
| Remuneration and social security454/9 | - | €19k | €31k | €51k | €22k | ▼ 57.3% |
| Other amounts payable47/48 | - | - | - | - | €17k | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €22k | €13k | €-45k | €-55k | €-53k | ▲ 3.3% |
| + Depreciation and write-downs630 | €21k | €35k | €52k | €59k | €54k | ▼ 7.8% |
| Operating cash flow (approximation) | €43k | €48k | €6k | €4k | €914 | ▼ 74.8% |
| Investment in fixed assets (approximation) | - | €-19k | €-137k | €-1k | €-56k | ▼ 3,662% |
| Change in cash | - | €5k | €-14k | €6k | €-5k | ▼ 186% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2025
31-10
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2024
08-10
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
31-03
Financial
Weakest financial yearnet €-55k
Net result drops to €-55k, the lowest in the series; recovery starts the following year.
2023
13-11
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 13 days late
2022
03-10
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2021
22-09
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
31-03
Financial
Equity above €100kEq €102k ▲27.4%
3 profitable years in a row build equity to €102k.
2020
05-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
31-03
Financial
Highest result since 2019net €23k ▲282%
Operating result €31k, net result €23k, both a record.
2019
17-09
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2018
10-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2017
15-09
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2016
02-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
8 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, Anderlecht · 1 establishment unit since 2008
Ground area
486 m²
Building footprint
184 m²
Volume, LiDAR
1,297 m³
2 parcels, Brussels · tallest building 18.9 m, ±5 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
UNIVERSAL CONECTION
since 20082.173.103.866
2 parcels
Brussels
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21308H0169/00E002 | Brussels | 339 m² | 1 · 92 m² | - |
| 21308H0536/00H000 | Brussels | 147 m² | 1 · 92 m² | 18.9 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 12,590 companies in sector 49410 we hold annual accounts for 8,199. 4,462 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded28-08-2008
Fiscal year end31-03
Activities, NACEBEL 2025
49410Freight transport by road
Scores and ratios are computed by Checked and are not a credit decision.