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 (18 September 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 2024 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; 4 annual accounts filed, latest fiscal year 2024; 3 directors known from the annual account.

How much profit did USTEL make in 2024?

USTEL posted a profit after taxes of € 800,638 in financial year 2024.

What is the revenue of USTEL?

As a small company, USTEL is not required to publish revenue in its annual accounts. In financial year 2024, its added value was € 2,483,156.

How much does an employee at USTEL earn?

The average wage cost per full-time employee at USTEL was € 55,900 in 2024: staff costs of € 480,686 for 8.6 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 2024 annual accounts, USTEL has 8.6 full-time equivalents (FTE).

USTEL (Public Limited) - Anderlecht - BE0444616128

Dossier USTEL, printed on 18 September 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 2024

USTEL from Anderlecht, company number BE0444616128, closed financial year 2024 with a result of € 800,638 after tax. For that financial year USTEL recorded a gross margin of € 2.5 million and equity of € -1.2 million. Compared with financial year 2023, the result moved from € 1.1 million to € 800,638. 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 2, 2025.

What it is worth Caution

€ -1.2 million

▲ € 800,638 vs 2023

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

Profit Healthy

€ 800,638

▼ 27% vs 2023

Profit after tax over the fiscal year.

Cash in the bank

€ 1.1 million

▲ 116% vs 2023

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

Where the profit goes Growing

Stays in the company

No dividend for 2024. Retained profit grew to € -2.1 million.

People and assets in 2024

Full-time equivalents

8.6

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

Wage cost

€ 480,686

▼ 11% vs 2023

€ 55,900 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

€ 2,187

▼ 73% vs 2023

Book value of vehicles, furniture and equipment.

Debts at end 2024

Bank debt ≈ 1 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 740,344

▼ 5% vs 2023

€ 628,092 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.

Owed to suppliers

€ 756,343

▲ 10% vs 2023

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

Taxes and wages

€ 879,726

▼ 4% vs 2023

Taxes, VAT and social contributions still to pay.

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Key figures per fiscal year Download key figures (CSV)
	2021	2022	2023	2024	Change 2023 → 2024
Gross margin	€ 1,508,392 Gross margin 2021: € 1,508,392 First fiscal year in the series	€ 3,108,076 Gross margin 2022: € 3,108,076 ▲ 106% vs 2021 (€ 1,508,392) Favourable step	€ 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%
Profit after taxes	€ 676,954 Profit after taxes 2021: € 676,954 First fiscal year in the series	€ 1,710,909 Profit after taxes 2022: € 1,710,909 ▲ 153% vs 2021 (€ 676,954) Favourable step	€ 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	▼ 27%
Equity	€ -4,827,271 Equity 2021: € -4,827,271 First fiscal year in the series	€ -3,116,427 Equity 2022: € -3,116,427 ▲ € 1.7 million vs 2021 (€ -4,827,271) Favourable step	€ -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	▲ € 800,638
Total debts	€ 12,437,372 Total debts 2021: € 12,437,372 First fiscal year in the series	€ 20,911,639 Total debts 2022: € 20,911,639 ▲ 68% vs 2021 (€ 12,437,372) Unfavourable step	€ 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	▲ 12%
Cash	€ 132,921 Cash 2021: € 132,921 First fiscal year in the series	€ 2,791,702 Cash 2022: € 2,791,702 ▲ € 2.7 million vs 2021 (€ 132,921) Favourable step	€ 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	▲ 116%
Land & buildings	€ 658,860 Land & buildings 2021: € 658,860 First fiscal year in the series	€ 7,842,710 Land & buildings 2022: € 7,842,710 ▲ € 7.2 million vs 2021 (€ 658,860) Unchanged	€ 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	▼ 100%
Retained profit	€ -5,909,744 Retained profit 2021: € -5,909,744 First fiscal year in the series	€ -4,198,899 Retained profit 2022: € -4,198,899 ▲ € 1.7 million vs 2021 (€ -5,909,744) Favourable step	€ -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	▲ € 1.1 million
Bank debt	€ 2,363,218 Bank debt 2021: € 2,363,218 First fiscal year in the series	€ 468,360 Bank debt 2022: € 468,360 ▼ 80% vs 2021 (€ 2,363,218) Favourable step	€ 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	▼ 5%
Balance sheet total	€ 7,610,101 Balance sheet total 2021: € 7,610,101 First fiscal year in the series	€ 17,795,213 Balance sheet total 2022: € 17,795,213 ▲ 134% vs 2021 (€ 7,610,101) Unchanged	€ 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	▲ 17%
Employees (FTE)	8 Employees (FTE) 2021: 8 First fiscal year in the series	8.2 Employees (FTE) 2022: 8.2 ▲ 0.2 vs 2021 (8) Unchanged	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

Key figures of USTEL, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.

What happened to USTEL?

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

2030 Amit MOR stepped down as director. NBB
2029 Benzine MEHDI stepped down as director. NBB
2029 Michaël BARMOSHE stepped down as director. NBB
Oct 2, 2025 Corrected annual accounts filed for financial year 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 € 676,954 profit in 2021 to € 800,638 profit in 2024.

Paid € 81,573 in corporate taxes since 2021.

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

On average € 288,700 of value added per employee in 2024.

Original PDFs at the National Bank ↗

A new publication or filing at USTEL? We notify you, reason included.

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My folder 3 companies

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

Real filings at the National Bank

Management

Directors

According to the 2024 annual accounts

Amit MOR

Director

Also active at: Etablissements Kulche - Machines, WINVEST

since 2025 · until 2030

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 +8 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

€ 33,427 gross margin · 2024

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) ↗