Unreal 38
ActiveUnreal 38 has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €24k and a net result of €32k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 57% of 31697 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.7% (low).
Checked score
Score 2025
85
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability100=
Solvency88▼-12
Growth78=
Track record94
Bankruptcy probability, 12 months
0.7%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €2k at 30 days acceptable
Liquidity ample (current ratio 2.61 against 4.15 in 2024; short-term debt: 37.1% and cash: 96.8% of total assets), and 37.1% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Sector 70
lower
← fewer bankruptcies
more bankruptcies →
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
62.9%
Return on assets
84.1%
Age of the figures
9 mo
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 · 4 filingsDeviation from the deadline
2025
31 d early
2024
1 d early
2023
43 d late
2022
6 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
23-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€24k▼ 66.2%
2024 · €72k
2022: €8k
2023: €40k
2024: €72k
2022 → 2025
Total assets
€39k▼ 58.6%
2024 · €93k
2022: €27k
2023: €61k
2024: €93k
2022 → 2025
Net result
€32k▲ 3.0%
2024 · €32k
2022: €8k
2023: €32k
2024: €32k
2022 → 2025
Working capital
€23k▼ 66.1%
2024 · €68k
2022: €9k
2023: €35k
2024: €68k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€8k-€40k▲ 386%€72k▲ 78.4%€24k▼ 66.2%
Operating result€11k-€43k▲ 281%€42k▼ 1.1%€43k▲ 2.8%
Net result€8k-€32k▲ 286%€32k▼ 1.3%€32k▲ 3.0%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2025; 2025 is 3% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €39k
Fixed assets
€1k▼ 68.0%
Current assets
€37k▼ 58.2%
Equity and liabilities €39k
Equity
€24k▼ 66.2%
Debt
€14k▼ 33.6%
The debt ratio rises from 23.1% to 37.1%. Equity and debt are lower.
Key figures and ratios
EBITDA
€46k▲
2024 · €44k
Cash flow
€35k▲
2024 · €34k
Solvency
62.9%▼
2024 · 76.9%
Current ratio
2.61▼
2024 · 4.15
Quick ratio
2.61▼
2024 · 4.15
Debt / equity
0.59▲
2024 · 0.30
ROE
133.8%▲
2024 · 43.9%
ROA
84.1%▲
2024 · 33.8%
Interest coverage
25.72▲
2024 · 22.02
Debt
€14k▼
2024 · €22k
Debt ≤ 1 year
€14k▼
2024 · €22k
Income taxes
€9k▲
2024 · €8k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€93k€39k▼
Fixed assets21/28€4k€1k▼
Tangible fixed assets22/27€4k€1k▼
Plant, machinery and equipment23€4k€1k▼
Current assets29/58€90k€37k▼
Cash at bank and in hand54/58€90k€37k▼
Equity and liabilities
Total equity and liabilities10/49€93k€39k▼
Equity10/15€72k€24k▼
Contributions10/11€10€10=
Profit (loss) carried forward14€72k€24k▼
Amounts payable17/49€22k€14k▼
Amounts payable within one year42/48€22k€14k▼
Trade debts44€383-
Suppliers440/4€383-
Taxes, remuneration and social security45€19k€12k▼
Taxes450/3€19k€12k▼
Other amounts payable47/48€2k€3k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2k€3k▲
Other operating charges640/8€201€205▲
Gross operating margin9900€45k€46k▲
Operating profit (loss)9901€42k€43k▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€2k€2k▼
Recurring financial charges65€2k€2k▼
Profit (loss) for the period before taxes9903€40k€41k▲
Income taxes67/77€8k€9k▲
Profit (loss) for the period9904€32k€32k▲
Profit (loss) for the period to be appropriated9905€32k€32k▲
Appropriation of the result
Profit (loss) to be appropriated9906€72k€104k▲
Profit (loss) brought forward from the previous period14P€40k€72k▲
Profit to be distributed694/7-€80k
Return on contributions (dividend)694-€80k
The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
31-12
Financial
Highest result since 2022net €32k ▲3%
Operating result €43k, net result €32k, both a record.
30-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
12-09
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 43 days late
2023
25-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
1 act for this company is 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, Jette · 1 establishment unit since 2022
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Walenstraat 591090 JetteGround area
71 m²
Building footprint
53 m²
Volume, LiDAR
434 m³
Parcel 21463C0383/00W011, Brussels · tallest building 11.5 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Unreal 38
since 20222.337.250.929
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21463C0383/00W011 | Brussels | 71 m² | 1 · 53 m² | 11.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
FuturWork
BE 0774.289.929
Elsene · Eq €24k
A-NORMALITÉ
BE 0800.971.857
Nivelles · Eq €24k
HARTOR
BE 0800.980.369
Yvoir · Eq €24k
LAPALICE
BE 0537.892.912
Bastogne · Eq €24k
OKY & Co
BE 0738.392.803
Sint-Jans-Molenbeek · Eq €24k
Of 82,569 companies in sector 70200 we hold annual accounts for 52,577. 32,606 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded29-08-2022
Fiscal year end31-12
Activities, NACEBEL
70200Business and other management consultancy
70220Business consulting
62010Computer programming, consultancy and related activities
62020IT consultancy
62100Computer programming
62200Computer consultancy and computer facilities management
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.