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UNIT ONE

Active
Public limited companyfounded 199333 yrs activeRietschoorvelden 20, 2170 Antwerpen, BelgiumKBO/BCE: BE 0449.634.887
Summary

UNIT ONE has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €192,106 and a net result of €2,112. Equity is growing by ~8.6% per year across the filed fiscal years. Its solvency ranks better than 31% of 8782 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability28▼-1
Solvency55▲+3
Growth78=
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10,000 at 30 days acceptable
Liquidity short (current ratio 0.08 against 0.2 in 2024; short-term debt: 66.9% and cash: 0.9% of total assets), and 69.6% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers 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
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 33 years 0 40 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
30.4%
Return on assets
0.3%
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 27-05-2026, 65 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
65 d early
2024
on the day
2023
69 d early
2022
70 d early
2021
124 d early
2020
94 d early
2019
84 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 72 days before the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.

Checked, nothing found (2)
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. Usually files around 24 May (4 of the last 5 filed years within 56 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

UNIT ONE was incorporated on 16 March 1993.1 Total assets fell from EUR 796,675 in 2018 to EUR 631,346 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Turnover
€364,000
EBIT margin
67.5%
Net result
€2,112▼ 48.9%
2024 · €4,136
Working capital
-€388,963▲ 2.3%
2024 · -€398,320
Trend over the years
In euros
In per cent
Ratio
In euros
No line ticked in this group.
In per cent
No line ticked in this group.
Ratio
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.Sector: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover
Operating result€1.9m▲ 693%€23,973▼ 98.8%€27,947▲ 16.6%€84,336▲ 202%€76,464▼ 9.3%
Net result€1.4mabove the sector's middle half▲ 759%€10,594within the sector's middle half▼ 99.3%-€5,626below the sector's middle half€4,136within the sector's middle half€2,112within the sector's middle half▼ 48.9%
EBIT margin
Equity€318,391within the sector's middle half▲ 182%€191,485within the sector's middle half▼ 39.9%€185,859within the sector's middle half▼ 2.9%€189,995within the sector's middle half▲ 2.2%€192,106within the sector's middle half▲ 1.1%
Total assets€861,953within the sector's middle half▲ 15.0%€634,501within the sector's middle half▼ 26.4%€704,830within the sector's middle half▲ 11.1%€701,003within the sector's middle half▼ 0.5%€631,346within the sector's middle half▼ 9.9%
Debt€543,562▼ 14.6%€443,017▼ 18.5%€518,971▲ 17.1%€511,008▼ 1.5%€439,240▼ 14.0%
Working capital-€280,523below the sector's middle half▲ 42.1%-€410,929below the sector's middle half▼ 46.5%-€410,574below the sector's middle half▲ 0.1%-€398,320below the sector's middle half▲ 3.0%-€388,963below the sector's middle half▲ 2.3%
Solvency36.9%within the sector's middle half▲ 21.9pp30.2%within the sector's middle half▼ 6.8pp26.4%within the sector's middle half▼ 3.8pp27.1%within the sector's middle half▲ 0.7pp30.4%within the sector's middle half▲ 3.3pp
Current ratio0.47below the sector's middle half▲ 0.240.06below the sector's middle half▼ 0.410.20below the sector's middle half▲ 0.140.20below the sector's middle half=0.08below the sector's middle half▼ 0.12
Return on assets (ROA)167.7%above the sector's middle half▲ 145.2pp1.7%within the sector's middle half▼ 166.0pp-0.8%below the sector's middle half▼ 2.5pp0.6%within the sector's middle half▲ 1.4pp0.3%within the sector's middle half▼ 0.3pp
above within below the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€500,000€0€500,000€1.0m€1.5m€2.0mOperating result 2021: €1.9m€1.9mNet result 2021: €1.4m€1.4mOperating result 2022: €23,973€23,973Net result 2022: €10,594€10,594Operating result 2023: €27,947€27,947Net result 2023: -€5,626-€5,626Operating result 2024: €84,336€84,336Net result 2024: €4,136€4,136Operating result 2025: €76,464€76,464Net result 2025: €2,112€2,11220212022202320242025-€25,000€0€25,000€50,000€75,000Operating result 2023: €27,947€27,900Net result 2023: -€5,626-€5,630Operating result 2024: €84,336€84,300Net result 2024: €4,136€4,140Operating result 2025: €76,464€76,500Net result 2025: €2,112€2,110202320242025
The operating result falls in 2025; 2025 is 9% below 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €631,346
Fixed assets €597,855 ▼ 0.6%
Current assets €33,490 ▼ 66.3%
Equity and liabilities €631,346
Equity €192,106 ▲ 1.1%
Debt €439,240 ▼ 14.0%
Debt's share of the balance-sheet total falls from 72.9% to 69.6%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€80,095▼
2024 · €87,967
Cash flow
€5,742▼
2024 · €7,766
Debt to equity
2.29▼
2024 · 2.69
ROE
1.1%▼
2024 · 2.2%
Interest coverage
1.07▼
2024 · 1.12
Debt ≤ 1 year
€422,454▼
2024 · €497,836
Income taxes
-€742▼
2024 · €1,549
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 14,732 companies that looked in July 2024 the way this one looks now, 0.2% went bankrupt within 24 months and 96% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet
0.2% went bankrupt
3.5% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% 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 497,340 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% 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 14,732 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 · 37 lines
Balance sheet Code20242025
Assets
Total assets20/58€701,003€631,346▼
Fixed assets21/28€601,486€597,855▼
Tangible fixed assets22/27€601,486€597,855▼
Land and buildings22€601,486€597,855▼
Current assets29/58€99,516€33,490▼
Amounts receivable within one year40/41€72,600€27,830▼
Trade receivables40€72,600€27,830▼
Cash at bank and in hand54/58€26,916€5,660▼
Equity and liabilities
Total equity and liabilities10/49€701,003€631,346▼
Equity10/15€189,995€192,106▲
Contributions10/11€65,000€65,000=
Capital10€65,000€65,000=
Issued capital100€65,000€65,000=
Reserves13€6,500€6,500=
Non-distributable reserves130/1€6,500€6,500=
Legal reserve130€6,500€6,500=
Profit (loss) carried forward14€118,495€120,606▲
Amounts payable17/49€511,008€439,240▼
Amounts payable within one year42/48€497,836€422,454▼
Trade debts44€2,365€8,731▲
Suppliers440/4€2,365€8,731▲
Taxes, remuneration and social security45€3,462€1,706▼
Taxes450/3€3,462€1,706▼
Other amounts payable47/48€492,009€412,016▼
Accrued charges and deferred income492/3€13,172€16,786▲
Income statement Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3,631€3,631=
Other operating charges640/8€10,296€10,221▼
Gross operating margin9900€98,263€90,316▼
Operating profit (loss)9901€84,336€76,464▼
Financial charges65/66B€78,651€75,095▼
Recurring financial charges65€78,651€75,095▼
Profit (loss) for the period before taxes9903€5,685€1,369▼
Income taxes67/77€1,549-€742▼
Profit (loss) for the period9904€4,136€2,112▼
Profit (loss) for the period to be appropriated9905€4,136€2,112▼
Appropriation of the result
Profit (loss) to be appropriated9906€118,495€120,606▲
Profit (loss) brought forward from the previous period14P€114,359€118,495▲

The notes to these accounts (3 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€2,270€2,270€3,621€3,631€3,631=
Other operating charges640/8-€9,914€10,352€10,296€10,221▼ 0.7%
Gross operating margin9900€2.0m€36,158€41,920€98,263€90,316▼ 8.1%
Operating profit (loss)9901€1.9m€23,973€27,947€84,336€76,464▼ 9.3%
Financial income75/76B-€1,539----
Recurring financial income75€19,196€1,539----
Financial charges65/66B-€11,062€33,573€78,651€75,095▼ 4.5%
Recurring financial charges65€1,235€11,062€33,573€78,651€75,095▼ 4.5%
Profit (loss) for the period before taxes9903€2.0m€14,450-€5,626€5,685€1,369▼ 75.9%
Income taxes67/77€521,348€3,856-€1,549-€742▼ 148%
Profit (loss) for the period9904€1.4m€10,594-€5,626€4,136€2,112▼ 48.9%
Profit (loss) for the period to be appropriated9905€1.4m€10,594-€5,626€4,136€2,112▼ 48.9%
Line20212022202320242025Change
Assets
Total assets20/58€861,953€634,501€704,830€701,003€631,346▼ 9.9%
Fixed assets21/28€611,009€608,738€605,117€601,486€597,855▼ 0.6%
Tangible fixed assets22/27€611,009€608,738€605,117€601,486€597,855▼ 0.6%
Land and buildings22-€608,738€605,117€601,486€597,855▼ 0.6%
Current assets29/58€250,945€25,763€99,713€99,516€33,490▼ 66.3%
Amounts receivable within one year40/41€228,115€5,879€18,363€72,600€27,830▼ 61.7%
Trade receivables40--€13,037€72,600€27,830▼ 61.7%
Other amounts receivable41-€5,879€5,326---
Cash at bank and in hand54/58€22,830€19,884€81,349€26,916€5,660▼ 79.0%
Equity and liabilities
Total equity and liabilities10/49€861,953€634,501€704,830€701,003€631,346▼ 9.9%
Equity10/15€318,391€191,485€185,859€189,995€192,106▲ 1.1%
Contributions10/11€65,000€65,000€65,000€65,000€65,000=
Capital10-€65,000€65,000€65,000€65,000=
Issued capital100-€65,000€65,000€65,000€65,000=
Reserves13€6,500€6,500€6,500€6,500€6,500=
Non-distributable reserves130/1-€6,500€6,500€6,500€6,500=
Legal reserve130-€6,500€6,500€6,500€6,500=
Profit (loss) carried forward14€246,891€119,985€114,359€118,495€120,606▲ 1.8%
Amounts payable17/49€543,562€443,017€518,971€511,008€439,240▼ 14.0%
Amounts payable within one year42/48€531,468€436,692€510,286€497,836€422,454▼ 15.1%
Trade debts44€6,574€509€5,302€2,365€8,731▲ 269%
Suppliers440/4-€509€5,302€2,365€8,731▲ 269%
Taxes, remuneration and social security45-€5,675€5,436€3,462€1,706▼ 50.7%
Taxes450/3-€5,675€5,436€3,462€1,706▼ 50.7%
Other amounts payable47/48-€430,508€499,548€492,009€412,016▼ 16.3%
Accrued charges and deferred income492/3-€6,325€8,684€13,172€16,786▲ 27.4%
Line20212022202320242025Change
Profit (loss) for the period9904€1.4m€10,594-€5,626€4,136€2,112▼ 48.9%
+ Depreciation and write-downs630€2,270€2,270€3,621€3,631€3,631=
Operating cash flow (approximation)€1.4m€12,864-€2,004€7,766€5,742▼ 26.1%
Investment in fixed assets (approximation)-€0€0€0€0-
Change in cash--€2,946€61,465-€54,433-€21,256▲ 61.0%

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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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
27-05
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-07
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
31-12
Financial Back to profitnet €4,136
Net result €4,136 after one loss-making year.
23-05
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Weakest financial yearnet -€5,626
Net result drops to -€5,626, the lowest in the series; recovery starts the following year.
22-05
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
29-03
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Highest result since 2018net €1.4m ▲759%
Operating result €1.9m, net result €1.4m, both a record.
31-12
Financial Equity above €200,000Eq €318,391 ▲182%
4 profitable years in a row build equity to €318,391.
28-04
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-12
Financial Equity above €100,000Eq €112,923 ▲22.5%
3 profitable years in a row build equity to €112,923.
08-05
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
Show earlier events
2019
23-05
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
15-05
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
21-06
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 11 acts read
About the unread acts

We know of 11 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
11 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, Antwerpen · 1 establishment unit since 1993
seat establishment The establishment unit on the map
Ground area
1.3 ha
Parcel 11028A0138/00E002, Flanders. Linked by address, not a title deed.
15 companies at this address See who is registered here
1 establishment unit
Rietschoorvelden 20, 2170 Antwerpen
NACE 6024103
since 19932.061.522.687
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11028A0138/00E002 Flanders 1.3 ha - -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Part of the group MANUCHAR GROUP 9 companies Group, risk and exposure

Owners and holdings

1 owner

Chain of control

  1. MANUCHAR GROUP 100%
  2. Manuchar 100%
  3. UNIT ONE

Highest known parent: MANUCHAR GROUP. The sources do not say who stands above it.

Owners 1

Holdings 0

No holding stated in the accounts, acts or LEI register we read.

According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Similar companies · same sector, comparable size

Of 5,711 companies in sector 70100 we hold annual accounts for 3,519. 2,371 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded16-03-1993
Fiscal year end31-12
Activities, NACEBEL 2025
70100Activities of head offices
E-invoicing
Reachable via Peppol
Peppol ID 0208:0449634887
Registered 30-12-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.