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Universal Export

Active
Private limited companyfounded 2010active for 16 yearsSint-Pietersstraat 3, 8000 Brugge, BelgiumKBO/BCE: BE 0826.973.104
Summary

The computed 12-month bankruptcy probability of Universal Export is 2.7% (moderate). The 2025 annual accounts show negative equity (-€43,382) and a net result of -€25,262. The figures fluctuate too strongly year-on-year for a reliable trend projection. The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2025, micro format

Equity
-€43,382▼ 139%
2024 · -€18,120
Total assets
€184,576▼ 13.9%
2024 · €214,393
Net result
-€25,262▼ 373%
2024 · -€5,346
Working capital
-€83,011▼ 47.6%
2024 · -€56,223
Trend over the years

2021 to 2025, 5 financial years 2018 to 2025, 8 financial years

The operating result stays negative: a loss of €22,680 in 2025 against €2,535 in 2024; the loss grows and 2025 has the lowest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result-€22,680 2025 Net result-€25,262 2025

Use the arrow keys on the chart for the figures per year.

Every figure with its change against the financial year before
favourable unfavourable
Line20182019202020212022202320242025
Operating result€3,960-€72,063▲ 1,720%€12,677▼ 82.4%€2,223▼ 82.5%-€1,375-€16,374▼ 1,091%-€2,535▲ 84.5%-€22,680▼ 795%
Net result€3,364-€71,697▲ 2,031%€11,825▼ 83.5%€352▼ 97.0%-€5,128-€20,010▼ 290%-€5,346▲ 73.3%-€25,262▼ 373%
Equity-€69,910-€187€12,012▲ 6,314%€12,364▲ 2.9%€7,236▼ 41.5%-€12,775-€18,120▼ 41.8%-€43,382▼ 139%
Total assets€50,368-€68,466▲ 35.9%€46,974▼ 31.4%€99,278▲ 111%€154,341▲ 55.5%€245,378▲ 59.0%€214,393▼ 12.6%€184,576▼ 13.9%
Debt€120,278-€68,279▼ 43.2%€34,962▼ 48.8%€86,914▲ 149%€147,105▲ 69.3%€258,152▲ 75.5%€232,514▼ 9.9%€227,959▼ 2.0%
Working capital-€75,456--€3,796▲ 95.0%€9,302€6,052▼ 34.9%-€18,597-€46,981▼ 153%-€56,223▼ 19.7%-€83,011▼ 47.6%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €184,576
Fixed assets €114,339 ▼ 20.0%
Current assets €70,237 ▼ 1.8%
Equity and liabilities
Equity-€43,382
Debt€227,959
Equity is negative: debt (€227,959) exceeds the balance-sheet total (€184,576).
Key figures and ratios
2025 value · change against 2024
EBITDA
€5,852▼
2024 · €25,698
Cash flow
€3,270▼
2024 · €22,888
Solvency
-23.5%▼
2024 · -8.5%
Current ratio
0.46▼
2024 · 0.56
Quick ratio
0.10▼
2024 · 0.13
ROA
-13.7%▼
2024 · -2.5%
Interest coverage
2.27▼
2024 · 9.14
Debt ≤ 1 year
€153,248▲
2024 · €127,745
Debt > 1 year
€74,710▼
2024 · €104,769
Staff costs
€0▼
2024 · €2,583
No debt to equity: equity is negative, so debt divided by equity means nothing.
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 6,906 companies that looked in July 2024 the way this one looks now, 5.8% went bankrupt within 24 months and 85.5% are still going.

  • Micro
  • 10 to 20 years old
  • negative equity
  • a loss of 10% of the balance sheet or more
5.8% went bankrupt
8.1% stopped otherwise
85.5% still going

A further 0.6% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 2.7% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,473 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to 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% 1.0%
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%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74.5% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 6,906 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 42 lines
Balance sheet Code20242025
Assets
Total assets20/58€214,393€184,576▼
Fixed assets21/28€142,871€114,339▼
Tangible fixed assets22/27€142,871€114,339▼
Plant, machinery and equipment23€4,747€4,036▼
Furniture and vehicles24€7,307€6,243▼
Other tangible fixed assets26€130,818€104,060▼
Current assets29/58€71,522€70,237▼
Stocks and contracts in progress3€54,591€54,591=
Stocks30/36€54,591€54,591=
Amounts receivable within one year40/41€10,890€1,379▼
Trade receivables40€10,890€1,199▼
Other amounts receivable41-€179
Cash at bank and in hand54/58€6,041€13,265▲
Deferred charges and accrued income490/1€0€1,002▲
Equity and liabilities
Total equity and liabilities10/49€214,393€184,576▼
Equity10/15-€18,120-€43,382▼
Contributions10/11€20,000€20,000=
Profit (loss) carried forward14-€38,120-€63,382▼
Amounts payable17/49€232,514€227,959▼
Amounts payable after more than one year17€104,769€74,710▼
Financial debts170/4€104,769€74,710▼
Amounts payable within one year42/48€127,745€153,248▲
Current portion of amounts payable after more than one year42€29,569€30,059▲
Trade debts44€1,671€0▼
Suppliers440/4€1,671€0▼
Taxes, remuneration and social security45€7,276€0▼
Taxes450/3€7,276€0▼
Other amounts payable47/48€89,229€123,190▲
Income statement Code20242025
Remuneration, social security and pensions62€2,583€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€28,233€28,532▲
Other operating charges640/8€1,600€794▼
Gross operating margin9900€29,882€6,646▼
Operating profit (loss)9901-€2,535-€22,680▼
Financial income75/76B€0-
Recurring financial income75€0-
Financial charges65/66B€2,811€2,582▼
Recurring financial charges65€2,811€2,582▼
Profit (loss) for the period before taxes9903-€5,346-€25,262▼
Profit (loss) for the period9904-€5,346-€25,262▼
Profit (loss) for the period to be appropriated9905-€5,346-€25,262▼
Appropriation of the result
Profit (loss) to be appropriated9906-€38,120-€63,382▼
Profit (loss) brought forward from the previous period14P-€32,775-€38,120▼

The notes to these accounts (14 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20182019202020212022202320242025Change
Non-recurring operating income76A---€5,207€0----
Remuneration, social security and pensions62---€697€2,161€2,195€2,583€0▼ 100%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1,750€1,562€1,274€1,655€15,185€17,353€28,233€28,532▲ 1.1%
Other operating charges640/8---€566€1,376€1,087€1,600€794▼ 50.4%
Non-recurring operating charges66A---€1,437€0----
Gross operating margin9900€6,013€91,661€30,005€6,578€17,346€4,261€29,882€6,646▼ 77.8%
Operating profit (loss)9901€3,960€72,063€12,677€2,223-€1,375-€16,374-€2,535-€22,680▼ 795%
Financial income75/76B---€135€651€15€0--
Recurring financial income75-€150€0€135€651€15€0--
Financial charges65/66B---€1,257€4,404€3,652€2,811€2,582▼ 8.2%
Recurring financial charges65€595€516€852€1,257€4,404€3,652€2,811€2,582▼ 8.2%
Profit (loss) for the period before taxes9903€3,364€71,697€11,825€1,102-€5,128-€20,010-€5,346-€25,262▼ 373%
Income taxes67/77---€750€0----
Profit (loss) for the period9904€3,364€71,697€11,825€352-€5,128-€20,010-€5,346-€25,262▼ 373%
Profit (loss) for the period to be appropriated9905€3,364€71,697€11,825€352-€5,128-€20,010-€5,346-€25,262▼ 373%
Line20182019202020212022202320242025Change
Assets
Total assets20/58€50,368€68,466€46,974€99,278€154,341€245,378€214,393€184,576▼ 13.9%
Fixed assets21/28€5,546€3,984€2,710€6,552€79,835€168,545€142,871€114,339▼ 20.0%
Tangible fixed assets22/27€5,546€3,984€2,710€6,552€79,835€168,545€142,871€114,339▼ 20.0%
Plant, machinery and equipment23---€4,947€4,397€5,457€4,747€4,036▼ 15.0%
Furniture and vehicles24-----€5,511€7,307€6,243▼ 14.5%
Other tangible fixed assets26---€1,605€75,438€157,577€130,818€104,060▼ 20.5%
Current assets29/58€44,822€64,483€44,264€92,726€74,506€76,833€71,522€70,237▼ 1.8%
Stocks and contracts in progress3---€67,294€54,591€54,591€54,591€54,591=
Stocks30/36---€67,294€54,591€54,591€54,591€54,591=
Amounts receivable within one year40/41€43,926€43,153€16,284€6,667€11,280€17,892€10,890€1,379▼ 87.3%
Trade receivables40---€6,667€11,280€17,892€10,890€1,199▼ 89.0%
Other amounts receivable41-------€179-
Cash at bank and in hand54/58€897€16,431€26,475€16,561€8,635€2,235€6,041€13,265▲ 120%
Deferred charges and accrued income490/1---€2,203€0€2,115€0€1,002-
Equity and liabilities
Total equity and liabilities10/49€50,368€68,466€46,974€99,278€154,341€245,378€214,393€184,576▼ 13.9%
Equity10/15-€69,910€187€12,012€12,364€7,236-€12,775-€18,120-€43,382▼ 139%
Contributions10/11€20,000€20,000-€20,000€20,000€20,000€20,000€20,000=
Profit (loss) carried forward14-€89,910-€19,813-€7,988-€7,636-€12,764-€32,775-€38,120-€63,382▼ 66.3%
Amounts payable17/49€120,278€68,279€34,962€86,914€147,105€258,152€232,514€227,959▼ 2.0%
Amounts payable after more than one year17----€54,003€134,338€104,769€74,710▼ 28.7%
Financial debts170/4----€54,003€134,338€104,769€74,710▼ 28.7%
Amounts payable within one year42/48€120,278€68,279€34,962€86,674€93,103€123,814€127,745€153,248▲ 20.0%
Current portion of amounts payable after more than one year42----€28,615€29,081€29,569€30,059▲ 1.7%
Trade debts44€48,062€32,181€30,661€34,315€4,235€15,994€1,671€0▼ 100%
Suppliers440/4---€34,315€4,235€15,994€1,671€0▼ 100%
Taxes, remuneration and social security45---€2,236€2,591€4,151€7,276€0▼ 100%
Taxes450/3---€2,236€2,591€4,151€7,276€0▼ 100%
Other amounts payable47/48---€50,123€57,662€74,587€89,229€123,190▲ 38.1%
Accrued charges and deferred income492/3---€240€0----
Line20182019202020212022202320242025Change
Profit (loss) for the period9904€3,364€71,697€11,825€352-€5,128-€20,010-€5,346-€25,262▼ 373%
+ Depreciation and write-downs630€1,750€1,562€1,274€1,655€15,185€17,353€28,233€28,532▲ 1.1%
Operating cash flow (approximation)€5,114€73,259€13,099€2,007€10,056-€2,658€22,888€3,270▼ 85.7%
Investment in fixed assets (approximation)-€0€0-€5,497-€88,467-€106,063-€2,560€0-
Change in cash-€15,534€10,043-€9,913-€7,926-€6,400€3,805€7,224▲ 89.8%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 15 filings with the National Bank
Financial year Type Filed Reference
31-12-2025 micro format 06-07-2026 2026-00256910
31-12-2024 micro format 30-07-2025 2025-00358946
31-12-2023 micro format 27-08-2024 2024-00413341
31-12-2022 micro format 30-08-2023 2023-00436858
31-12-2021 micro format 31-08-2022 2022-20425640
31-12-2020 micro format 26-08-2021 2021-56600228
31-12-2019 micro format 29-10-2020 2020-64600573
31-12-2018 micro format 05-08-2019 2019-43500491
31-12-2017 micro format 28-08-2018 2018-55600338
31-12-2016 micro format 31-08-2017 2017-60100104

Show all 15 filings

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