UNIVERSAL TECHNOLOGIES
ActiveFinancials · financial year 2026, full format
Annual accounts 2026 filed on 28-09-2026 at the NBB all 46 filings
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€6,152
2025 · €118,357
Working capital
€3.9m▼ 0.2%
2025 · €3.9m
In the rankings
#4 company by equity in Rixensart, Wholesale and retail trade sector#7 oldest company in Rixensart, Wholesale and retail trade sector#9 company by total assets in Rixensart, Wholesale and retail trade sector
Multi-year overview
2019 to 2026, 8 financial yearsOperating result
-€87,642
▼ 96.8%
2026
20192026
Net result
-€6,152
2026
20192026
Equity
€3.9m
▼ 0.2%
2026
20192026
Total assets
€4.1m
▼ 0.4%
2026
20192026
Debt
€203,955
▼ 4.5%
2026
20192026
Working capital
€3.9m
▼ 0.2%
2026
20192026
Solvency
95.0%
▲ 0.2pp
2026
20192026
Current ratio
19.90
▲ 0.82
2026
20192026
Return on assets (ROA)
-0.2%
▼ 3.1pp
2026
20192026
Staff (FTE)
no figure
2026
20192026
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line20192020202120222023202420252026
Operating result€0.1m-€0.03m▼ 74.5%-€0.003m€1.0m-€0.04m-€0.1m▼ 179%-€0.04m▲ 55.6%-€0.09m▼ 96.8%
Net result€0.1m-€0.03m▼ 76.2%-€0.009mbelow the sector's middle half€0.7mabove the sector's middle half-€0.03mbelow the sector's middle half-€0.06mbelow the sector's middle half▼ 137%€0.1mwithin the sector's middle half-€0.006m
Equity€3.2m-€3.1m▼ 1.1%€3.1mwithin the sector's middle half▼ 0.3%€3.8mwithin the sector's middle half▲ 22.1%€3.8mwithin the sector's middle half▼ 0.7%€3.7mwithin the sector's middle half▼ 1.7%€3.9mwithin the sector's middle half▲ 3.2%€3.9m▼ 0.2%
Total assets€3.5m-€3.4m▼ 1.4%€3.4mwithin the sector's middle half▼ 2.0%€4.1mwithin the sector's middle half▲ 22.5%€4.0mwithin the sector's middle half▼ 2.1%€4.0mwithin the sector's middle half▼ 1.6%€4.1mwithin the sector's middle half▲ 3.1%€4.1m▼ 0.4%
Debt€0.3m-€0.3m▼ 5.3%€0.2m▼ 22.5%€0.3m▲ 28.4%€0.2m▼ 23.0%€0.2m=€0.2m▲ 5.4%€0.2m▼ 4.5%
Working capital€3.1m-€3.0m▼ 2.9%€3.0mwithin the sector's middle half▲ 0.3%€3.8mabove the sector's middle half▲ 25.1%€3.8mabove the sector's middle half▼ 0.4%€3.7mwithin the sector's middle half▼ 1.3%€3.9mwithin the sector's middle half▲ 3.0%€3.9m▼ 0.2%
Solvency91.8%-92.1%▲ 0.3pp93.7%above the sector's middle half▲ 1.6pp93.4%above the sector's middle half▼ 0.3pp94.8%above the sector's middle half▲ 1.4pp94.7%above the sector's middle half▼ 0.1pp94.8%above the sector's middle half▲ 0.1pp95.0%▲ 0.2pp
Current ratio12.21-12.49▲ 0.2815.88above the sector's middle half▲ 3.3915.49above the sector's middle half▼ 0.3919.75above the sector's middle half▲ 4.2619.51above the sector's middle half▼ 0.2419.08above the sector's middle half▼ 0.4219.90▲ 0.82
Return on assets (ROA)3.3%-0.8%▼ 2.5pp-0.3%below the sector's middle half▼ 1.0pp16.9%above the sector's middle half▲ 17.2pp-0.7%below the sector's middle half▼ 17.6pp-1.6%below the sector's middle half▼ 0.9pp2.9%within the sector's middle half▲ 4.5pp-0.2%▼ 3.1pp
Staff (FTE)0-
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 2026 is a loss of €87,642, larger than the loss of €44,543 in 2025.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Assets €4.1m
Fixed assets
€2,793 ▼ 8.3%
Current assets
€4.1m ▼ 0.4%
Equity and liabilities €4.1m
Equity
€3.9m ▼ 0.2%
Debt
€203,955 ▼ 4.5%
Debt's share of the balance-sheet total falls from 5.2% to 5.0%. Equity and debt are lower.
Key figures and ratios
EBITDA
-€86,112▼
2025 · -€43,267
Cash flow
-€4,621▼
2025 · €119,633
Debt to equity
0.05▼
2025 · 0.06
ROE
-0.2%▼
2025 · 3.1%
Interest coverage
-2.71▼
2025 · -1.23
Debt ≤ 1 year
€203,955▼
2025 · €213,484
Income taxes
€601▼
2025 · €18,208
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Investments
| Item | 31-03-2022 | 31-03-2023 | 31-03-2024 | 31-03-2025 | 31-03-2026 |
|---|---|---|---|---|---|
| Tangible fixed assets | - | €3,482 | €1,740 | - | €1,279 |
| Depreciation and write-downs of the year | €14,935 | €15,246 | €15,933 | €1,276 | €1,531 |
Source: notes to the 2022 to 2026 annual accounts (statement of fixed assets)
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €1.1m | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | - | €13 | €15 | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.003m | €0.02m | €0.02m | €0.01m | €0.02m | €0.02m | €0.001m | €0.002m | ▲ 20.0% |
| Provisions for liabilities and charges: additions (uses and reversals)635/8 | - | - | - | - | - | - | -€0.007m | - | - |
| Other operating charges640/8 | - | - | - | €0.009m | €0.004m | €0.004m | €0.03m | €0.007m | ▼ 77.0% |
| Gross operating margin9900 | €0.1m | €0.06m | €0.02m | €1.0m | -€0.02m | -€0.08m | -€0.02m | -€0.08m | ▼ 312% |
| Operating profit (loss)9901 | €0.1m | €0.03m | -€0.003m | €1.0m | -€0.04m | -€0.1m | -€0.04m | -€0.09m | ▼ 96.8% |
| Financial income75/76B | - | - | - | €0.03m | €0.04m | €0.06m | €0.2m | €0.1m | ▼ 47.2% |
| Recurring financial income75 | €0.02m | €0.02m | €0.02m | €0.03m | €0.04m | €0.06m | €0.2m | €0.1m | ▼ 47.2% |
| Financial charges65/66B | - | - | - | €0.03m | €0.03m | €0.03m | €0.04m | €0.03m | ▼ 9.5% |
| Recurring financial charges65 | €0.01m | €0.02m | €0.02m | €0.03m | €0.03m | €0.03m | €0.04m | €0.03m | ▼ 9.5% |
| Profit (loss) for the period before taxes9903 | €0.1m | €0.03m | -€0.005m | €1.0m | -€0.03m | -€0.06m | €0.1m | -€0.005m | - |
| Transfer to deferred taxes680 | - | - | - | - | - | - | €459 | €476 | ▲ 3.8% |
| Income taxes67/77 | €0.02m | €0.001m | €0.003m | €0.3m | €0.001m | €0.001m | €0.02m | €0.001m | ▼ 96.7% |
| Profit (loss) for the period9904 | €0.1m | €0.03m | -€0.009m | €0.7m | -€0.03m | -€0.06m | €0.1m | -€0.006m | - |
| Transfer to tax-exempt reserves689 | - | - | - | - | - | €428 | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €0.1m | €0.03m | €0.01m | €0.7m | -€0.03m | -€0.06m | €0.1m | -€0.006m | - |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €3.5m | €3.4m | €3.4m | €4.1m | €4.0m | €4.0m | €4.1m | €4.1m | ▼ 0.4% |
| Fixed assets21/28 | €0.06m | €0.1m | €0.1m | €0.03m | €0.02m | €0.004m | €0.003m | €0.003m | ▼ 8.3% |
| Tangible fixed assets22/27 | €0.06m | €0.1m | €0.1m | €0.03m | €0.02m | €0.004m | €0.003m | €0.003m | ▼ 8.3% |
| Land and buildings22 | - | - | - | €409 | €409 | €409 | €409 | €409 | = |
| Plant, machinery and equipment23 | - | - | - | - | - | - | €0.001m | €0.001m | ▲ 51.8% |
| Furniture and vehicles24 | - | - | - | €0.03m | €0.02m | €0.004m | €0.002m | €0.001m | ▼ 39.2% |
| Current assets29/58 | €3.4m | €3.3m | €3.3m | €4.1m | €4.0m | €4.0m | €4.1m | €4.1m | ▼ 0.4% |
| Amounts receivable within one year40/41 | €0.1m | €0.01m | €0.002m | €0.005m | €0.002m | €0.006m | - | €0.004m | - |
| Other amounts receivable41 | - | - | - | €0.005m | €0.002m | €0.006m | - | €0.004m | - |
| Current investments50/53 | €1.3m | €1.6m | €1.6m | €1.8m | €2.6m | €2.6m | €2.4m | €2.7m | ▲ 12.0% |
| Cash at bank and in hand54/58 | €2.0m | €1.7m | €1.7m | €2.2m | €1.4m | €1.3m | €1.7m | €1.3m | ▼ 18.7% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €3.5m | €3.4m | €3.4m | €4.1m | €4.0m | €4.0m | €4.1m | €4.1m | ▼ 0.4% |
| Equity10/15 | €3.2m | €3.1m | €3.1m | €3.8m | €3.8m | €3.7m | €3.9m | €3.9m | ▼ 0.2% |
| Contributions10/11 | €2.8m | €2.8m | €2.8m | €2.8m | €2.8m | €2.8m | €2.8m | €2.8m | = |
| Capital10 | - | - | - | €2.8m | €2.8m | €2.8m | €2.8m | €2.8m | = |
| Issued capital100 | - | - | - | €2.8m | €2.8m | €2.8m | €2.8m | €2.8m | = |
| Reserves13 | €0.09m | €0.09m | €0.07m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | = |
| Non-distributable reserves130/1 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Legal reserve130 | - | - | - | €0.1m | €0.1m | €0.1m | €0.1m | €0.1m | = |
| Tax-exempt reserves132 | - | - | - | €0.01m | €0.01m | €0.01m | €0.01m | €0.01m | = |
| Distributable reserves133 | - | - | - | €0.5m | €0.5m | €0.5m | €0.5m | €0.5m | = |
| Profit (loss) carried forward14 | €0.3m | €0.2m | €0.2m | €0.4m | €0.4m | €0.3m | €0.4m | €0.4m | ▼ 1.4% |
| Provisions and deferred taxes16 | €0.007m | €0.007m | €0.007m | €0.007m | €0.007m | €0.007m | - | - | - |
| Provisions for liabilities and charges160/5 | - | - | - | €0.007m | €0.007m | €0.007m | - | - | - |
| Other liabilities and charges164/5 | - | - | - | €0.007m | €0.007m | €0.007m | - | - | - |
| Amounts payable17/49 | €0.3m | €0.3m | €0.2m | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 4.5% |
| Amounts payable within one year42/48 | €0.3m | €0.3m | €0.2m | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 4.5% |
| Trade debts44 | €353 | €344 | €275 | €0.001m | €484 | €431 | €0.002m | €0.002m | ▼ 22.0% |
| Suppliers440/4 | - | - | - | €0.001m | €484 | €431 | €0.002m | €0.002m | ▼ 22.0% |
| Taxes, remuneration and social security45 | - | - | - | €0.06m | - | - | €0.009m | - | - |
| Taxes450/3 | - | - | - | €0.06m | - | - | €0.009m | - | - |
| Other amounts payable47/48 | - | - | - | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €113,720 | €27,078 | -€8,593 | €695,006 | -€26,893 | -€63,809 | €118,357 | -€6,152 | - |
| + Depreciation and write-downs630 | €2,755 | €17,689 | €17,689 | €14,935 | €15,246 | €15,933 | €1,276 | €1,531 | ▲ 20.0% |
| Operating cash flow (approximation) | €116,475 | €44,767 | €9,096 | €709,940 | -€11,647 | -€47,876 | €119,633 | -€4,621 | - |
| Investment in fixed assets (approximation) | - | -€74,674 | €0 | €54,698 | -€3,482 | -€1,740 | €0 | -€1,279 | - |
| Change in cash | - | -€317,667 | -€42,210 | €558,341 | -€834,046 | -€53,295 | €318,753 | -€309,796 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 8,617 companies had the same profile as UNIVERSAL TECHNOLOGIES has now. Two years later, 94.1% were still going and 0.4% had gone bankrupt.
- Small
- 20 years or older
- solvency 30% or more
- a small loss
94.1%
was still going
5.2%
stopped otherwise
0.4%
went bankrupt
Another 0.2% stopped without a precise date, possibly only after those two years.
That fits the bankruptcy probability of UNIVERSAL TECHNOLOGIES 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.
| 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 8,617 companies, not a prediction for UNIVERSAL TECHNOLOGIES. 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 46 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-03-2026 | full format | 28-09-2026 | 2026-00538557 | |
| 31-03-2025 | full format | 11-09-2025 | 2025-00494393 | |
| 31-03-2024 | full format | 13-09-2024 | 2024-00462321 | |
| 31-03-2023 | full format | 14-09-2023 | 2023-00448032 | |
| 31-03-2022 | full format | 27-10-2022 | 2022-20473660 | |
| 31-03-2021 | full format | 28-10-2021 | 2021-73700067 | |
| 31-03-2020 | full format | 26-10-2020 | 2020-62900004 | |
| 31-03-2019 | full format | 20-11-2019 | 2019-73900291 | |
| 31-03-2018 | full format | 27-09-2018 | 2018-64900488 | |
| 31-03-2017 | full format | 28-09-2017 | 2017-63100422 |