Financials
Financial year 2025
U.S.G. Invest from Dessel, company number BE0445586722, closed financial year 2025 with a result of € -639,145 after tax. For that financial year U.S.G. Invest recorded a gross margin of € -3,319 and equity of € 48.9 million. Compared with financial year 2024, the result moved from € 466,363 to € -639,145. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 30, 2026.
€ 48.9 million
▼ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -639,145
▼ still € 466,363 profit in 2024
Profit after tax over the fiscal year.
€ 5.8 million
▲ € 4.4 million vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 48.9 million.
People and assets in 2025
0.6
Average over the fiscal year, from the social balance sheet.
€ 25,914
▲ 3% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 8,095
▲ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 2 million
▼ 9% vs 2024
€ 224,399 is repaid this year. At this pace the long-term loan is gone in ≈ 9 years.
€ 56,532
▲ 100% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 29,585
▼ 50% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 157,276 | € 257,940 | - | - | |
| Gross margin | - | - | € 41,263 | € -3,319 | ▼ € 44,583 |
| Profit after taxes | € -37,156 | € -1,329,256 | € 466,363 | € -639,145 | ▼ € 1.1 million |
| Equity | € 56,435,011 | € 54,105,755 | € 54,572,118 | € 48,932,973 | ▼ 10% |
| Total debts | € 4,652,700 | € 2,813,071 | € 2,556,617 | € 2,128,233 | ▼ 17% |
| Cash | € 6,041,335 | € 1,711,370 | € 1,416,842 | € 5,818,804 | ▲ € 4.4 million |
| Land & buildings | € 11,790,204 | € 11,587,799 | € 11,453,477 | € 11,387,716 | ▼ 1% |
| Retained profit | € 56,373,011 | € 54,043,755 | € 54,510,118 | € 48,870,973 | ▼ 10% |
| Dividend | € 3,000,000 | € 1,000,000 | € 0 | € 5,000,000 | |
| Bank debt | € 2,698,410 | € 2,474,625 | € 2,242,719 | € 2,032,462 | ▼ 9% |
| Balance sheet total | € 61,087,711 | € 56,918,826 | € 57,128,735 | € 51,061,206 | ▼ 11% |
| Employees (FTE) | 0.6 | 0.6 | 0.6 | 0.6 |
Key figures of U.S.G. Invest, 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 U.S.G. Invest?
What happened at U.S.G. Invest in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Elisabeth Julien stepped down as director. NBB
- Michiel Hehenkamp stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 639,145 (▼ € 1.1 million vs 2024). Source: NBB ↗
- Elisabeth Julien became a director. NBB
- Michiel Hehenkamp became a director. NBB
- New establishment in Dessel. KBO
- Start of the company according to the CBE. KBO
In short
From € 37,156 loss in 2022 to € 639,145 loss in 2025.
Paid € 173,293 in corporate taxes since 2022.
Best year ever: 2024, with € 466,363 profit.
Paid out € 9 million in dividends to the owners in total.
A new publication or filing at U.S.G. Invest? We notify you, reason included.
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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
It owns 13.9% of Innotec Holding itself.
Directors
According to the 2025 annual accounts
Elisabeth Julien
Director
since 2010 · until 2028
Michiel Hehenkamp
Managing director
since 2010 · until 2028
Establishments
Establishment units
Physical locations of this company
Stenehei 30 box 4
2480 Dessel
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →PUBLICA
€ 200,872 gross margin · 2025
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€ 35,975 gross margin · 2025
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€ 273,545 gross margin · 2025
K.F.O.
€ 15,940 gross margin · 2025
+4 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
- 0445.586.722
- VAT number
- BE 0445.586.722
- Registered office
- Stenehei 30 bus 4, 2480 Dessel
- Names & denominations
- U.S.G. Invest
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 17 October 1991
- Peppol
- Active · Active since 17 Oct 2025
- Activities · NACE
Activiteiten van holdings
Managementactiviteiten van holdings
Holdings