It's the file type being blank. Inline images will only be displayed if the file type is known to be a valid image type. You could fix this with a couple of queries like this:
update ubbt_FILES set FILE_TYPE='jpg' where FILE_NAME like '%.jpg'
update ubbt_FILES set FILE_TYPE='gif' where FILE_NAME like '%.gif'
update ubbt_FILES set FILE_TYPE='png' where FILE_NAME like '%.png'