Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Negative equity NBB
More debt than assets in 3 of the last 3 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 50 % of short-term debt in 2025; threshold 65 %.
-
Busy address KBO
25 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
UNDO from Watermaal-Bosvoorde, company number BE0788352652, closed financial year 2025 with a result of € -462,689 after tax. For that financial year UNDO recorded a gross margin of € -211,992 and equity of € -1.7 million. Compared with financial year 2024, the result moved from € -655,598 to € -462,689. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 25, 2026.
€ -1.7 million
▼ € 462,689 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -462,689
▲ 29 % less loss than in 2024
Profit after tax over the fiscal year.
€ 31,002
▼ 77% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.9 million.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
Debts at end 2025
€ 1.6 million
▲ 22% vs 2024
Loans from banks and other lenders, long and short.
€ 306,850
▼ 23% vs 2024
Supplier invoices still open on the last day of the fiscal year.
Want to see how much further we take a dossier in the Pro version? Open the free De Lijn example and give feedback →
| 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|
| Gross margin | € -735,586 | € -622,510 | € -211,992 | ▲ € 410,518 |
| Profit after taxes | € -749,726 | € -655,598 | € -462,689 | ▲ € 192,909 |
| Equity | € -624,726 | € -1,280,324 | € -1,743,013 | ▼ € 462,689 |
| Total debts | € 1,023,605 | € 1,702,606 | € 1,920,605 | ▲ 13% |
| Cash | € 120,659 | € 135,585 | € 31,002 | ▼ 77% |
| Retained profit | € -749,726 | € -1,405,324 | € -1,868,013 | ▼ € 462,689 |
| Bank debt | € 0 | € 1,275,000 | € 1,550,000 | ▲ 22% |
| Balance sheet total | € 398,879 | € 422,282 | € 177,592 | ▼ 58% |
Key figures of UNDO, fiscal years 2023 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to UNDO?
What happened at UNDO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 462,689. filed late Source: NBB ↗
- New establishment in Watermaal-Bosvoorde. KBO
- Start of the company according to the CBE. KBO
In short
From € 749,726 loss in 2023 to € 462,689 loss in 2025.
A new publication or filing at UNDO? We notify you, reason included.
Follow UNDODatabakkes Pro
Know what changes at your customers, suppliers and competitors. Without reading an annual account.
- Follow them in one folder Every company in your folder gets this full dossier: household book, all fiscal years, benchmark against companies of the same size.
- We alert you, with the reason New annual account, Official Gazette publication or status change: you get what changed and where it says so.
- In bulk too, and in ChatGPT and Claude Upload your customer list and get the warning signs back per company. Or ask in your own AI assistant, with this register as the source.
Databakkes Pro is being built. Sign up now and you are first in line for an invitation, with a month to try without a credit card.
De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of EFFORTEL GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
UNDOBehind UNDO is Arkadi PANITCH. The shares are held by EFFORTEL GROUP (100%).
Directors
According to the 2025 annual accounts
Arkadi PANITCH
Director
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Terhulpsesteenweg 177 box 11
1170 Watermaal-Bosvoorde
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 25 companies are registered at this address.
All companies at this address →Euroconseils
€ -776 gross margin · 2025
Chanic
€ 126,443 gross margin · 2025
VISHA
€ 164,650 gross margin · 2025
International Beverages Corporation
Pro Familia
+20 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0788.352.652
- VAT number
- BE 0788.352.652
- Registered office
- Terhulpsesteenweg 177 bus 11, 1170 Watermaal-Bosvoorde
- Names & denominations
- UNDO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 July 2022
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
Draadgebonden en draadloze telecommunicatie en telecommunicatie via satelliet
Draadloze telecommunicatie