ACTIVE

UNITED GROUP

Financial year 2025 · closed on 31/12/2025
Net result
-1 M €
-131.1% YoY
Gross margin
-86 k €
-149.7% YoY
Equity
1,8 M €
-36.6% YoY
Workforce
0,0 ETP

What does UNITED GROUP do?

UNITED GROUP is a Public limited company incorporated in 2022. Its main activity is: Activities of holding companies. Its registered office is in Gent.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0789.802.704
Incorporation
19/08/2022
Legal form
Public limited company
Registered office
Wondelgemkaai 15
9000 Gent · FlandreSee on map
Contributed capital
2 508 251,20 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 3 financial years

202520242023
Income statement
Gross margin-86 k €173,1 k €623,9 k €
EBITDA-1,3 M €-45,5 k €609,8 k €
Operating result-609,5 k €-98,4 k €428,5 k €
Net result-1 M €-442,6 k €-248 k €
Balance sheet
Equity1,8 M €2,8 M €3,2 M €
Total assets14,5 M €16,2 M €16,6 M €
Cash15,9 k €124,1 k €118 k €
Debts12,7 M €13,4 M €13,4 M €
Other
Workforce0,0 ETP0,0 ETP0,0 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 4 ended

Active mandates

INFISO

Director · 0455.069.659

Represented by Victor BOSQUIN

Active
Joeri Roger Pascual-Madorran

Director

Active
PASCUAL GROUP

Director · 0651.948.183

Represented by Carlos Pascual-Madorran

Active
Taleos

Director · 0684.647.081

Represented by Nicolas Thomsin

Active

Ended mandates

INFISO

Director · since 01 août 2022 · until 09 mai 2028 · 0455.069.659

Represented by Bosquin VICTOR

Ended
Joeri Pascual-Madorran

Director · since 01 août 2022 · until 09 mai 2028

Ended
PASCUAL GROUP

Director · since 01 août 2022 · until 09 mai 2028 · 0651.948.183

Represented by Carlos Pascual-Madorran

Ended
Taleos

Director · since 01 août 2022 · until 09 mai 2028 · 0684.647.081

Represented by Thomsin NICOLAS

Ended
At this address

Other companies at this address

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EURAUTOMATActive
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FyatActive
0704.681.937
PASCUAL GROUPActive
0651.948.183
UNITED GAMESActive
0627.762.026
Annual accounts

Full financial information

2025202420232022
Type of accountAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/08/2022
Closing of the financial year31/12/202531/12/202431/12/202331/12/2022
Length of the financial year12 months12 months12 months5 months
Filing date28/08/202629/08/202516/09/202423/08/2023
General meeting17/07/202624/07/202530/07/202425/07/2023
Currency of the financial yearEUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

4 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202517/07/202628/08/2026DutchPDF
Abridged model31/12/202424/07/202529/08/2025DutchPDF
Abridged model31/12/202330/07/202416/09/2024DutchPDF
Abridged model31/12/202225/07/202323/08/2023DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 4 active · 4 ended

Active mandates

INFISO

Director · 0455.069.659

Represented by Victor BOSQUIN

Active
Joeri Roger Pascual-Madorran

Director

Active
PASCUAL GROUP

Director · 0651.948.183

Represented by Carlos Pascual-Madorran

Active
Taleos

Director · 0684.647.081

Represented by Nicolas Thomsin

Active

Ended mandates

INFISO

Director · since 01 août 2022 · until 09 mai 2028 · 0455.069.659

Represented by Bosquin VICTOR

Ended
Joeri Pascual-Madorran

Director · since 01 août 2022 · until 09 mai 2028

Ended
PASCUAL GROUP

Director · since 01 août 2022 · until 09 mai 2028 · 0651.948.183

Represented by Carlos Pascual-Madorran

Ended
Taleos

Director · since 01 août 2022 · until 09 mai 2028 · 0684.647.081

Represented by Thomsin NICOLAS

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office03/02/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other17/01/2025
    BENAMING
    PDF
  • Other23/08/2022
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-1 M €
  2. 2024
    Annual accounts 2024-442,6 k €
  3. 2024
    Name changeUnited Group
  4. 2023
    Annual accounts 2023-248 k €
  5. 2023
    Name changeUnited Games
  6. 19/08/2022
    IncorporationPublic limited company