USTEL is a hotel in Anderlecht. Public Limited, started on 2 July 1991, 1 establishment.

What is the address of USTEL?

The registered office of USTEL is located at Luchtvaartsquare 6-8, 1070 Anderlecht.

Is USTEL still active?

Yes. According to the CBE (29 October 2026) USTEL is active, legal situation “Normale toestand”, started on 2 July 1991.

Is USTEL registered on Peppol?

Yes, USTEL is registered on the Peppol network with ID 0208:0444616128.

What is the enterprise number of USTEL?

The enterprise number of USTEL is BE0444616128.

When was USTEL founded?

USTEL was founded on 2 July 1991.

Who are the directors of USTEL?

According to the 2025 annual accounts, the directors of USTEL are: Amit MOR, Benzine MEHDI, Michaël BARMOSHE.

Is USTEL a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 2 July 1991; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did USTEL make in 2025?

USTEL posted a profit after taxes of € 321,587 in financial year 2025.

What is the revenue of USTEL?

As a small company, USTEL is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 2,374,682.

How much does an employee at USTEL earn?

The average wage cost per full-time employee at USTEL was € 49,700 in 2025: staff costs of € 491,804 for 9.9 FTE, according to the annual account at the National Bank. That is the employer's cost, not net pay.

How many employees does USTEL have?

According to the 2025 annual accounts, USTEL has 9.9 full-time equivalents (FTE).

USTEL (Public Limited) - Anderlecht - BE0444616128

Dossier USTEL, printed on 29 October 2026 from databakkes.be/en/0444616128/ustel. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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 4 of the last 4 fiscal years.
Figures corrected NBB

Corrected annual account filed for 2024.

Financials

Financial year 2025

USTEL from Anderlecht, company number BE0444616128, closed financial year 2025 with a result of € 321,587 after tax. For that financial year USTEL recorded a gross margin of € 2.4 million and equity of € -902,144. Compared with financial year 2024, the result moved from € 800,638 to € 321,587. The company is profitable. 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 October 14, 2026.

What it is worth Caution

€ -902,144

▲ € 321,587 vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Healthy

€ 321,587

▼ 60% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 111,309

▼ 90% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € -1.7 million.

People and assets in 2025

Full-time equivalents

9.9

▲ 1.3 vs 2024

Average over the fiscal year, from the social balance sheet.

Wage cost

€ 491,804

▲ 2% vs 2024

€ 49,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 32,310

▲ € 30,123 vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt

€ 388,124

▼ 48% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 517,999

▼ 32% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 1 million

▲ 19% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 3,108,076 Gross margin 2022: € 3,108,076 First fiscal year in the series	€ 2,539,633 Gross margin 2023: € 2,539,633 ▼ 18% vs 2022 (€ 3,108,076) Unfavourable step	€ 2,483,156 Gross margin 2024: € 2,483,156 ▼ 2% vs 2023 (€ 2,539,633) Unfavourable step	€ 2,374,682 Gross margin 2025: € 2,374,682 ▼ 4% vs 2024 (€ 2,483,156) Unfavourable step	▼ 4%
Profit after taxes	€ 1,710,909 Profit after taxes 2022: € 1,710,909 First fiscal year in the series	€ 1,091,993 Profit after taxes 2023: € 1,091,993 ▼ 36% vs 2022 (€ 1,710,909) Unfavourable step	€ 800,638 Profit after taxes 2024: € 800,638 ▼ 27% vs 2023 (€ 1,091,993) Unfavourable step	€ 321,587 Profit after taxes 2025: € 321,587 ▼ 60% vs 2024 (€ 800,638) Unfavourable step	▼ 60%
Equity	€ -3,116,427 Equity 2022: € -3,116,427 First fiscal year in the series	€ -2,024,368 Equity 2023: € -2,024,368 ▲ € 1.1 million vs 2022 (€ -3,116,427) Favourable step	€ -1,223,730 Equity 2024: € -1,223,730 ▲ € 800,638 vs 2023 (€ -2,024,368) Favourable step	€ -902,144 Equity 2025: € -902,144 ▲ € 321,587 vs 2024 (€ -1,223,730) Favourable step	▲ € 321,587
Total debts	€ 20,911,639 Total debts 2022: € 20,911,639 First fiscal year in the series	€ 25,819,621 Total debts 2023: € 25,819,621 ▲ 23% vs 2022 (€ 20,911,639) Unfavourable step	€ 28,987,001 Total debts 2024: € 28,987,001 ▲ 12% vs 2023 (€ 25,819,621) Unfavourable step	€ 29,400,079 Total debts 2025: € 29,400,079 ▲ 1% vs 2024 (€ 28,987,001) Unfavourable step	▲ 1%
Cash	€ 2,791,702 Cash 2022: € 2,791,702 First fiscal year in the series	€ 525,316 Cash 2023: € 525,316 ▼ 81% vs 2022 (€ 2,791,702) Unfavourable step	€ 1,135,379 Cash 2024: € 1,135,379 ▲ 116% vs 2023 (€ 525,316) Favourable step	€ 111,309 Cash 2025: € 111,309 ▼ 90% vs 2024 (€ 1,135,379) Unfavourable step	▼ 90%
Land & buildings	€ 7,842,710 Land & buildings 2022: € 7,842,710 First fiscal year in the series	€ 102,312 Land & buildings 2023: € 102,312 ▼ 99% vs 2022 (€ 7,842,710) Unchanged	€ 0 Land & buildings 2024: € 0 ▼ 100% vs 2023 (€ 102,312) Unchanged	-
Retained profit	€ -4,198,899 Retained profit 2022: € -4,198,899 First fiscal year in the series	€ -3,106,841 Retained profit 2023: € -3,106,841 ▲ € 1.1 million vs 2022 (€ -4,198,899) Favourable step	€ -2,052,943 Retained profit 2024: € -2,052,943 ▲ € 1.1 million vs 2023 (€ -3,106,841) Favourable step	€ -1,731,356 Retained profit 2025: € -1,731,356 ▲ € 321,587 vs 2024 (€ -2,052,943) Favourable step	▲ € 321,587
Bank debt	€ 468,360 Bank debt 2022: € 468,360 First fiscal year in the series	€ 777,835 Bank debt 2023: € 777,835 ▲ 66% vs 2022 (€ 468,360) Unfavourable step	€ 740,344 Bank debt 2024: € 740,344 ▼ 5% vs 2023 (€ 777,835) Favourable step	€ 388,124 Bank debt 2025: € 388,124 ▼ 48% vs 2024 (€ 740,344) Favourable step	▼ 48%
Balance sheet total	€ 17,795,213 Balance sheet total 2022: € 17,795,213 First fiscal year in the series	€ 23,795,253 Balance sheet total 2023: € 23,795,253 ▲ 34% vs 2022 (€ 17,795,213) Unchanged	€ 27,763,271 Balance sheet total 2024: € 27,763,271 ▲ 17% vs 2023 (€ 23,795,253) Unchanged	€ 28,497,936 Balance sheet total 2025: € 28,497,936 ▲ 3% vs 2024 (€ 27,763,271) Unchanged	▲ 3%
Employees (FTE)	8.2 Employees (FTE) 2022: 8.2 First fiscal year in the series	8.6 Employees (FTE) 2023: 8.6 ▲ 0.4 vs 2022 (8.2) Unchanged	8.6 Employees (FTE) 2024: 8.6 Unchanged (8.6) Unchanged	9.9 Employees (FTE) 2025: 9.9 ▲ 1.3 vs 2024 (8.6) Unchanged	▲ 1.3

Key figures of USTEL, fiscal years 2022 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 USTEL?

What happened at USTEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2031 Amit MOR stepped down as director. NBB
2029 Benzine MEHDI stepped down as director. NBB
2029 Michaël BARMOSHE stepped down as director. NBB
Oct 14, 2026 New annual accounts for financial year 2025: profit of € 321,587 (▼ 60% vs 2024). filed late Source: NBB ↗
2025 Amit MOR became a director. NBB
2024 Benzine MEHDI became a director. NBB
2024 Michaël BARMOSHE became a director. NBB
Sep 19, 1991 New establishment in Anderlecht. KBO

In short

From € 1.7 million profit in 2022 to € 321,587 profit in 2025.

Paid € 81,573 in corporate taxes since 2022.

Best year ever: 2022, with € 1.7 million profit.

On average € 239,900 of value added per employee in 2025.

Original PDFs at the National Bank ↗

Management

Directors

According to the 2025 annual accounts

Amit MOR

Director

Also active at: Etablissements Kulche - Machines, LIMEINVEST, BHINVEST, Hygge Hotel, Hbi Property Holding, Hbi Operation Holding, DIEGEM BUILDING, HOTEL DIEGEM

since 2025 · until 2031

Benzine MEHDI

Managing director

Also active at: BH Holding, WINVEST

since 2024 · until 2029

Michaël BARMOSHE

Managing director

Also active at: Etablissements Kulche - Machines, LIMEINVEST, FETNAT, BH Holding, a&o hostel and hotel Bruxelles, MEDITERRANEO BRUSSELS, ROSHIER, HOTEL CHAMBON +10 more

since 2024 · until 2029

Establishments

Establishment units

Physical locations of this company

Registered office

Luchtvaartsquare 6-8

1070 Anderlecht

2.054.238.086

Luchtvaartsquare 6 8

1070 Anderlecht

Active since 19 September 1991

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 3 companies are registered at this address.

All companies at this address →

Etablissements Kulche - Machines same network

€ -81,981 gross margin · 2025

Kousenfabrieken Hin N.V.

Association des copropriétaires Greenhouse à Anderlecht, Square de l'Aviation 6-8

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number

0444.616.128

VAT number

BE 0444.616.128

Registered office

Luchtvaartsquare 6-8, 1070 Anderlecht

Names & denominations

USTEL

Enterprise type

Rechtspersoon

Legal form

Public limited company

Legal situation

Normale toestand

Start date

2 July 1991

Peppol

Active · Active since 7 Nov 2025

Activities · NACE

Hotels en dergelijke accommodatie

Hotels en motels, met restaurant

Activiteiten van eetgelegenheden met volledige bediening

Restaurants van het traditionele type

Eetgelegenheden met volledige bediening

Catering van evenementen

Cafés en bars

Cafés

View on CBE Public ↗ Annual accounts (NBB) ↗