Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 11 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
USEBEL from Maarkedal, company number BE0455856349, closed financial year 2025 with a result of € -35,239 after tax. For that financial year USEBEL recorded a gross margin of € -42,769 and equity of € 2.6 million. Compared with financial year 2024, the result moved from € -31,209 to € -35,239. 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 December 23, 2025.
€ 2.6 million
▼ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -35,239
▼ 13 % more loss than in 2024
Profit after tax over the fiscal year.
€ 64,780
▼ 52% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 2.3 million.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 914
▼ 88% vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -53,652 | € -43,225 | € -40,861 | € -42,769 | ▼ € 1,908 |
| Profit after taxes | € 2,050,805 | € 164,897 | € -31,209 | € -35,239 | ▼ € 4,030 |
| Equity | € 2,461,662 | € 2,626,559 | € 2,595,350 | € 2,560,111 | ▼ 1% |
| Total debts | € 3,262,322 | € 639,050 | € 617,389 | € 606,228 | ▼ 2% |
| Cash | € 2,479,142 | € 119,945 | € 135,281 | € 64,780 | ▼ 52% |
| Retained profit | € 2,175,320 | € 2,340,217 | € 2,309,009 | € 2,273,769 | ▼ 2% |
| Balance sheet total | € 5,723,984 | € 3,265,609 | € 3,212,738 | € 3,166,339 | ▼ 1% |
Key figures of USEBEL, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to USEBEL?
What happened at USEBEL in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Santens Marc stepped down as director. NBB
- Jan Baptiste Santens stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 35,239. Source: NBB ↗
- Santens Marc became a director. NBB
- Jan Baptiste Santens became a director. NBB
- New establishment in Maarkedal. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.1 million profit in 2022 to € 35,239 loss in 2025.
Paid € 221,907 in corporate taxes since 2022.
Best year ever: 2022, with € 2.1 million profit.
Management
It owns 100% of ROYAL LAND itself.
Directors
According to the 2025 annual accounts
Santens Marc
Director
since 2023 · until 2029
since 2023 · until 2029
Establishments
Establishment units
Physical locations of this company
Bossenaarstraat 1
9680 Maarkedal
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0455.856.349
- VAT number
- BE 0455.856.349
- Registered office
- Bossenaarstraat 1, 9680 Maarkedal
- Names & denominations
- USEBEL
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 August 1995
- Peppol
- Active · Active since 26 Dec 2025