UWORK

Absorbed by UMP KBO/BCE: BE 0472.160.366 subsidiary of

UWORK

Follow Report

Overview

Lifetime

12 annual accounts with figures on one time axis, 17 filings since 2001

peak €443,475 (2017)

€443,475▲ €446,693

lowest -€198,782 (2012)

€568,554▲ €607,661

peak €1.1m (2017)

€1.1m▲ 102%

€340,570▼ 75.7%

Board3 names since 2017

Owners4 names in the annual accounts

99.99%

Documentsfilings and deeds

18-07-201813 days before the deadline

2017abbreviated format

Gross margin from -€3,218 to €443,475Back to profit: €568,5543 directors resigning, 3 reappointments 14-07Equity from €556,391 to €1.1mDebts from €1.4m to €340,570Cash from €1,093 to €560

Key points

from the 2017 annual accounts, the last ones filed

Equity

€1.1m ▲ 102%

Equity rose in 2017 from €556,391 to €1.1m.

Filings

17 annual accounts since 2001

The last five annual accounts were filed 13 to 52 days before the end of the period.

Board and ownership

last known board

Director, last mentioned in 2017

consolidatesannual accounts 2017

Board & ownership

Recent changes

07-06-2018

Merger: absorbed by UMP Dissolution of the company · Dissolved without liquidation · UMP holds all the shares · General meeting of 07-05-2018 · Gazette deed

27-03-2018

Merger proposal: to be absorbed by UMP Board meeting of 23-02-2018 · Gazette deed

14-07-2017

3 directors resigning, 3 reappointments Resignations: , and · Reappointments: (managing director), and (chair of the board) · General meeting of 05-06-2017 · Gazette deed

30-06-2000

Incorporation 24 publications in the Belgian Official Gazette, the last on 07-06-2018 · Gazette deed

All 31 events

Official details

Source: KBO

Status: Absorbed by UMPmerger by absorption, June 2018
Activity: “Het verwerven van participaties in alle commerciële, industriële en financile ondernemingen, zowel Belgische als…” (deed in Dutch)From the articles, 6 activitiesNo NACE code in the KBO yet
Financial year end: 31 December
Peppol: Not found in the Peppol Directory

Company details

Annual accounts 2017

: €443,475
: ≈ €1.0mestimated
: €568,554
: €1.1m▲ 102%
: €1.5m▼ 25.1%
Filing: Filed on 18-07-2018

Financials

Insights on UWORK

Absorbed by UMP in June 2018. The last annual accounts are for financial year 2017. The company was dissolved without liquidation.

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

Financials

Annual accounts 2017

abbreviated format, filed on 18-07-2018, 13 days before the deadline

€443,475

▲ €446,693

€330,320

▲ €335,597

€568,554

▲ €607,661

€1.5m

▲ €1.9m

76.8%

▲ 48.3 percentage points

The turnover shown is an estimate from the gross margin.

Turnover ≈ €1.0m. Estimated: probably between €630,000 and €1.8m.

Balance sheet

balance sheet total €1.5m on 31-12-2017

What the company ownsHow it is paid for

in €m

in euro

Filed annual accounts

as filed with the National Bank, click a year to choose it

Line	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
Balance sheet: assets
`20/58`	1.5m	2.0m	1.8m	1.9m	1.9m	1.5m	1.2m	1.3m	340,687	329,181	751,353	395,035
`21/28`	-	1.1m	951,969	1.1m	1.1m	709,479	1.1m	1.1m	-	-	750,160	390,432
`22/27`	-	1.1m	951,969	1.1m	1.1m	709,479	1.1m	1.1m	-	-	750,160	390,432
`22`	-	1.1m	951,969	1.1m	1.1m	709,479	1.1m	1.1m	-	-	750,160	390,432
`29/58`	1.5m	811,609	810,167	810,554	816,385	811,479	97,850	123,529	340,687	329,181	1,193	4,603
`29`	1.5m	-	-	-	-	-	-	-	-	-	-	-
`291`	1.5m	-	-	-	-	-	-	-	-	-	-	-
`3`	-	809,791	809,791	809,791	809,791	809,791	-	-	-	-	-	-
`30/36`	-	809,791	809,791	809,791	809,791	809,791	-	-	-	-	-	-
`35`	-	-	809,791	-	-	-	-	-	-	-	-	-
`40/41`	143	725	104	390	462	900	96,931	123,216	339,803	328,789	-	-
`41`	143	725	104	390	462	900	96,931	123,216	339,803	328,789	-	-
`54/58`	560	1,093	272	372	6,128	787	918	313	884	392	1,193	4,603
`490/1`	-	-	-	1	4	1	-	-	-	-	-	0
Balance sheet: equity and liabilities
`10/49`	1.5m	2.0m	1.8m	1.9m	1.9m	1.5m	1.2m	1.3m	340,687	329,181	751,353	395,035
`10/15`	1.1m	556,391	595,497	756,230	797,905	-64,155	134,627	174,677	193,659	190,428	185,815	-141,873
`10/11`	1.1m	1.1m	1.1m	1.1m	1.1m	220,000	220,000	220,000	220,000	220,000	220,000	220,000
`100`	1.1m	1.1m	1.1m	1.1m	1.1m	220,000	220,000	220,000	220,000	220,000	220,000	220,000
`12`	-	-	-	-	-	-	-	-	-	-	403,109	43,381
`14`	-1,055	-569,609	-530,503	-369,770	-328,095	-284,155	-85,374	-45,323	-26,341	-29,572	-437,294	-405,254
`17/49`	340,570	1.4m	1.2m	1.1m	1.1m	1.6m	1.1m	1.1m	147,028	138,753	565,538	536,908
`17`	340,515	135,982	103,629	65,643	37,244	906,032	-	-	146,838	137,975	129,230	100,278
`170/4`	340,515	135,982	103,629	65,643	37,244	906,032	-	-	146,838	137,975	129,230	100,278
`170`	-	-	103,629	-	-	-	-	-	-	137,975	129,230	100,278
`42/48`	55	1.3m	1.1m	1.1m	1.1m	679,056	1.1m	1.1m	165	759	435,222	435,550
`43`	-	1.3m	1.1m	1.1m	1.1m	676,550	1.1m	1.1m	-	-	435,000	435,000
`430/8`	-	1.3m	1.1m	1.1m	1.1m	676,550	1.1m	1.1m	-	-	435,000	435,000
`44`	55	322	-	514	1,491	2,506	461	182	165	759	222	550
`440/4`	55	322	-	514	1,491	2,506	461	182	165	759	222	550
`492/3`	-	478	1,460	464	2,758	25	5,788	25	25	20	1,086	1,081
Income statement
`70/76A`	-	-	-	-	-	-	-	-	-	30	-	-
`76A`	288,959	-	-	6,654	1,110	-	-	-	-	403,109	-	-
`9900`	443,475	-3,218	-	-2,379	-7,607	-4,313	-3,412	-2,945	-1,708	-	-	-
`60/66A`	-	-	3,694	-	-	-	-	-	-	2,437	3,055	3,083
`61`	-	-	2,104	-	-	-	-	-	-	1,566	1,934	1,934
`630`	-	247	-	6,771	6,771	-	8,329	11,043	-	-	-	-
`640/8`	868	1,812	1,590	1,547	1,157	991	568	562	1,231	872	1,122	1,150
`66A`	112,287	-	121,877	-	-	166,579	-	-	-	-	-	-
`9901`	330,320	-5,277	-3,694	-10,697	-15,535	-5,305	-12,309	-14,549	-2,939	-2,408	-3,055	-3,083
`75/76B`	238,378	-	-	1	4	1,310	2,465	3,079	11,014	15,431	1	1
`75`	238,378	-	-	1	4	1,310	2,465	3,079	11,014	15,431	1	1
`751`	-	-	-	-	-	-	-	-	-	15,431	1	1
`65/66B`	144	33,829	35,161	37,634	29,518	28,208	30,207	7,512	4,843	8,410	28,985	23,936
`65`	144	33,829	35,161	37,634	29,518	28,208	30,207	7,512	4,843	8,410	28,985	23,936
`650`	-	-	35,161	-	-	-	-	-	-	8,410	28,985	23,936
`9903`	568,554	-39,106	-160,732	-41,675	-43,938	-198,782	-40,051	-18,982	3,231	407,722	-32,040	-27,018
`67/77`	-	-	-	0	1	0	-	-	-	-	0	0
`670/3`	-	-	-	-	-	-	-	-	-	-	0	0
`9904`	568,554	-39,106	-160,732	-41,676	-43,939	-198,782	-40,051	-18,982	3,231	407,722	-32,040	-27,018
`9905`	568,554	-39,106	-160,732	-41,676	-43,939	-198,782	-40,051	-18,982	3,231	407,722	-32,040	-27,018
Appropriation of the result
`9906`	-1,055	-569,609	-530,503	-369,770	-328,095	-284,155	-85,374	-45,323	-26,341	-29,572	-437,294	-405,254
Document	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF	PDF

The accounts for 5 older financial years (2001-2005) were filed as documents without figures as data, scans for example.

Source: Annual accounts 2017 (PDF), filed on 18-07-2018.

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
31-12-2017	abbreviated format	18-07-2018	2018-34700583	PDF
31-12-2016	abbreviated format	09-06-2017	2017-17200334	PDF
31-12-2015	full format	10-06-2016	2016-16700340	PDF
31-12-2014	abbreviated format	16-06-2015	2015-17600579	PDF
31-12-2013	abbreviated format	18-06-2014	2014-18800575	PDF
31-12-2012	abbreviated format	10-06-2013	2013-16200121	PDF
31-12-2011	abbreviated format	08-06-2012	2012-16000050	PDF
31-12-2010	abbreviated format	14-03-2011	2011-05900526	PDF
31-12-2009	abbreviated format	09-06-2010	2010-16300204	PDF
31-12-2008	full format	15-06-2009	2009-24900166	PDF
31-12-2007	full format	26-08-2008	2008-65900176	PDF
31-12-2006	full format	26-06-2007	2007-32700337	PDF
31-12-2005	full format	26-07-2006	2006-54103724	PDF
31-12-2004	full format	16-06-2005	2005-27205009	PDF
31-12-2003	full format	30-06-2004	2004-37302660	PDF
31-12-2002	full format	17-06-2003	2003-25500001	PDF
31-12-2001	full format	04-07-2002	2002-33804220	PDF

Key figures and ratios

per financial year, computed from the annual accounts

2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006
-	-5,030	-	-3,926	-8,764	-	-3,980	-3,507	-	-	-	-
-	-38,860	-	-34,905	-37,168	-	-31,722	-7,939	-	-	-	-
-	194,391	-	-3,946	382,340	-	0	1.1m	-	-	-	-
-533	822	-100	-5,756	5,341	-132	606	-571	492	-801	-3,410	-
1.5m	-453,263	-251,383	-251,510	-246,656	132,423	-985,612	-959,653	340,522	328,423	-434,029	-430,947
76.8%	28.4%	33.8%	40.1%	42.0%	-4.2%	11.0%	13.9%	56.8%	57.8%	24.7%	-35.9%
-	0.64	0.76	0.76	0.77	1.20	0.09	0.11	-	-	0.00	0.01
-	0.00	0.00	0.00	0.01	0.00	0.09	0.11	-	-	0.00	0.01
0.30	2.52	1.96	1.49	1.38	-	8.09	6.20	0.76	0.73	3.04	-
50.5%	-7.0%	-27.0%	-5.5%	-5.5%	-	-29.7%	-10.9%	1.7%	214.1%	-17.2%	-
38.8%	-2.0%	-9.1%	-2.2%	-2.3%	-13.1%	-3.3%	-1.5%	0.9%	123.9%	-4.3%	-6.8%
-	-	-	-	-	-	-	-	-	177 days	42 days	104 days

EBIT margin: not included in this filing.

A ratio outside any meaningful range has been withheld (balance sheet total €1.5m, equity €1.1m).

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.

Insights on UWORK

The operating result for 2017 is a profit of €330,320, after a loss of €5,277 in 2016. It is the highest result since 2006.

Debt's share of the balance-sheet total falls from 71.6% to 23.2%. Equity is higher and debt is lower.

Large changes and their cause

2016 Net result +76% on 2015. The accounts now follow the abbreviated format, last year the full format.
2015 Net result -286% on 2014. The accounts now follow the full format, last year the abbreviated format.

Board & ownership

Mandates through the years

3 names

Director

Managing director

Director

Earliermandate already running before its first mentionend not dated

Mandates as a list

- Chair of the board, from before 14-07-2017, last mentioned in 2017
- Director, from before 14-07-2017, last mentioned in 2017
- Director, from before 14-07-2017, last mentioned in 2017
- Managing director, from before 14-07-2017, last mentioned in 2017
- Director, from before 14-07-2017, last mentioned in 2017

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

Control

Consolidating parent

consolidates

This company

UWORK

Equity €1.1m

Profit €568,554 in 2017

Capital

Capital: €1,126,000
Source: 2017 annual accounts

Owners through the years

as the annual accounts name them

99.99%

consolidates

consolidates until 2014

consolidates until 2011

99.99%

99.99% until 2009

Owners as a list

- 2015 to 2017: 99.99%
- 2012 to 2014: consolidates
- 2010 to 2011: consolidates
- 2006 to 2009: 99.99%

Source: parent in its own accounts, lists of holdings in the owners' accounts

Shareholders

1 owner

consolidating parent
Sourceparent in own accounts 2017

consolidates

Former owners (1)

Sourcedeed 07-06-2018

100%

Capital transactions

Shareholders according to the deeds

Stated in the deed deed of 07-06-2018 ↗

enige aandeelhouder · all shares

Office holders in the KBO →

Network & group

Group

has 2 direct subsidiaries (2017 accounts), the bar shows equity in euros

Parent2 holdings, 1 country 2017 accounts

Belgium 2 Equity Result

BE UWORK99.99%no longer active €1.1m result €568,554
BE 99.99%no longer active €738,616 result €352,276

Source: list of holdings in the 2017 accounts of . Every holding stands with its own latest accounts.

Acquisitions and mergers

1 transaction

Taken over by:UMP

BE 0639.858.520operation treated as a merger by absorption · Gazette deed of 07-06-2018

Connections & network

Depth

The network starts from the shareholders of UWORK. Every company they also own or run is a node.

This company Company Director Shareholding +N: links not shown yet

Timeline

31 events since 2000

Board

Capital

Filings

Financial

End

200020052010201520202025

2018

18-07-2018

Annual accounts 2017 filed PDFabbreviated format · 13 days before the deadline

07-06-2018

Merger: absorbed by UMPDissolution of the company · Dissolved without liquidation · UMP holds all the shares · General meeting of 07-05-20182 points ▸

General meeting, 07-05-2018
UMP holds all the shares
The deed holds 3 more points.

Open the deed in the Belgian Official Gazette

27-03-2018

Merger proposal: to be absorbed by UMPBoard meeting of 23-02-20185 points ▸

Board meeting, 23-02-2018
Accounting effect, 01-01-2018
Board composition, (chair)
Board composition, (managing director)
Board composition, (director)
The deed holds 6 more points.

Open the deed in the Belgian Official Gazette

2017

31-12-2017

Back to profit net €568,554 The net result is €568,554, after 7 loss-making years.

31-12-2017

Liquidity more than 41723 times current ratio 26772.28 The current ratio rises from 0.64 to 26772.28. Short-term debt falls from €1.3m to €55.

31-12-2017

Equity above €1m equity €1.1m ▲102% Equity rises from €556,391 to €1.1m.

14-07-2017

3 directors resigning, 3 reappointmentsResignations: , and · Reappointments: (managing director), and (chair of the board) · General meeting of 05-06-201710 points ▸

General meeting, 05-06-2017
Board meeting, 05-06-2017
Director resignation,
Director resignation,
Director resignation,
Director reappointment,
Director reappointment,
Director reappointment,
Director reappointment, (managing director)
Director reappointment, (chair of the board)

Open the deed in the Belgian Official Gazette

09-06-2017

Annual accounts 2016 filed PDFabbreviated format · 52 days before the deadline

2016

10-06-2016

Annual accounts 2015 filed PDFfull format · 51 days before the deadline

2015

16-06-2015

Annual accounts 2014 filed PDFabbreviated format · 45 days before the deadline

2014

18-06-2014

Annual accounts 2013 filed PDFabbreviated format · 43 days before the deadline

2013

31-12-2013

Equity above €500,000 equity €797,905 Equity rises from -€64,155 to €797,905.

10-06-2013

Annual accounts 2012 filed PDFabbreviated format · 51 days before the deadline

2012

31-12-2012

Weakest financial year net -€198,782 The net result drops to -€198,782, the lowest from 2006 to 2017.

31-12-2012

Liquidity more than 13 times current ratio 1.20 The current ratio rises from 0.09 to 1.20. Short-term debt falls from €1.1m to €679,056.

08-06-2012

Annual accounts 2011 filed PDFabbreviated format · 53 days before the deadline

2011

14-03-2011

Annual accounts 2010 filed PDFabbreviated format · 139 days before the deadline

2010

09-06-2010

Annual accounts 2009 filed PDFabbreviated format · 52 days before the deadline

2009

31-12-2009

Liquidity more than quadruples current ratio 2069.66 The current ratio rises from 433.93 to 2069.66. Short-term debt falls from €759 to €165.

15-06-2009

Annual accounts 2008 filed PDFfull format · 46 days before the deadline

2008

31-12-2008

Back to profit net €407,722 The net result is €407,722, after 2 loss-making years.

31-12-2008

Liquidity more than 158295 times current ratio 433.93 The current ratio rises from 0.00 to 433.93. Short-term debt falls from €435,222 to €759.

26-08-2008

Annual accounts 2007 filed PDFfull format · 26 days late

2007

31-12-2007

Equity above €150,000 equity €185,815 Equity rises from -€141,873 to €185,815.

26-06-2007

Annual accounts 2006 filed PDFfull format · 35 days before the deadline

2006

26-07-2006

Annual accounts 2005 filed PDFfull format

2005

16-06-2005

Annual accounts 2004 filed PDFfull format

2004

30-06-2004

Annual accounts 2003 filed PDFfull format

2003

17-06-2003

Annual accounts 2002 filed PDFfull format

2002

04-07-2002

Annual accounts 2001 filed PDFfull format

2000

30-06-2000

Incorporation 24 publications in the Belgian Official Gazette, the last on 07-06-2018

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

Sources: Publications in the Belgian Official Gazette Filings with the National Bank

History

UWORK has filed 17 sets of annual accounts, the latest for financial year 2017.¹ In 2018 the company was absorbed by merger into UMP.²

Company details

Purpose according to the articles of association

Purpose: “Het verwerven van participaties in alle commerciële, industriële en financile ondernemingen, zowel Belgische als buitenlandse. Zij zal haar…”
6 activities
Het verwerven van participaties in alle commerciële, industriële en financile ondernemingen, zowel Belgische als buitenlandse. Zij zal haar middelen aanwenden voor de samenstelling, het beheer, de tegeldemaking en de vereffening van een portefeuille, bestaande uit aandelen, obligaties en andere effecten, evenals tot het verwerven, exploiteren en vervreemden van brevetten en andere intellectuele rechten.
Het optreden als studie-, organisatie- en raadgevend bureau inzake alle commerciële, financiële, administratieve en technische aangelegenheden, alle verrichtingen van projectmanagement en coördinatie en het voeren van de directie over andere ondernemingen.
Het aankopen, verkopen, ruilen, opschikken, uitrusten, valoriseren, verdelen, verkavelen, bouwen, omvormen, hypothekeren, huren, verhuren, zelfs voor meer dan negen jaar, verwezenlijken van alle onroerende goederen, het nemen en afstaan van optierechten voor het kopen van onroerende goederen of immobiliënmaatschappijen, de expertise, agentuur inzake onroerende goederen van alle aard, al dan niet gemeubeld, en/of zakelijke rechten, alsmede het in eigen beheer nemen en exploiteren van onroerende goederen en de uitvoering van dienstverleningscontracten.
Het uitvoeren van roerende en onroerende operationele, financiële of andere leasing- en financieringsverrichtingen, zowel als leasinggever dan als leasingnemer.
Het organiseren en het verwerken voor haar huurders van alle administratie in haar ruimste betekenis, voor zover dit rechtstreeks of onrechtstreeks verband houdt met de activiteiten van haar huurders.
Het beheren van vennootschappen of ondernemingen ongeacht het doel dat deze mochten hebben, en dit zelfs in de hoedanigheid van bestuurder, gedelegeerd bestuurder of vereffenaar van deze vennootschappen of ondernemingen.

Articles of association, deed of 27-03-2018 (in Dutch)

Inactive

Absorbed by UMP in June 2018

UWORK is no longer in the KBO register. UMP took it over in a merger by absorption, published in the Belgian Official Gazette on 7 June 2018.

Status: Inactive
Reason: Merger by absorption"operation treated as a merger by absorption", Belgian Official Gazette, 7 June 2018 · deed
Absorbed by: UMP · 0639.858.520
Last annual accounts: financial year to 31 December 2017
Last registered office: Boechoutlaan 221, 1853 Strombeek-Beveras published on 7 June 2018
Legal form: Public limited company
First annual accounts: financial year 2001

Official KBO record

Overview

Lifetime

Key points

Equity

Filings

Board and ownership

Recent changes

Official details

Annual accounts 2017

Insights on UWORK

Financials

Annual accounts 2017

Balance sheet

Change in equityin €m

Change in cashin euro

Filed annual accounts

Filings

Key figures and ratios

Insights on UWORK

Board & ownership

Mandates through the years

Control

Capital

Owners through the years

Shareholders

Owners 1

Capital transactions

Network & group

Group

Belgium 2 Equity Result

Acquisitions and mergers

Connections & network

Timeline

Timeline

History

Company details

Purpose according to the articles of association

Absorbed by UMP in June 2018

in €m

in euro