Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 46 % of short-term debt in 2025; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 38.3 to 32.
Financials
Financial year 2025
UNITED SPORTS BRANDS EUROPE from Geel, company number BE0471920737, closed financial year 2025 with a result of € 17,822 after tax. For that financial year UNITED SPORTS BRANDS EUROPE recorded revenue of € 25.1 million and equity of € 4.6 million. Compared with financial year 2024, the result moved from € -6,880 to € 17,822. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 9, 2026.
€ 4.6 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 17,822
▲ still € 6,880 loss in 2024
Profit after tax over the fiscal year.
€ 1.2 million
▼ 2% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 4.6 million.
People and assets in 2025
32
▼ 1.5 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.6 million
▼ 9% vs 2024
€ 81,500 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.
€ 53,136
▼ 9% vs 2024
Of which on lease € 27,947.
Debts at end 2025
€ 860,648
▼ 44% vs 2024
€ 21,584 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 10.4 million
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 172 days on average.
€ 454,911
▲ 7% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 25,361,801 | € 29,170,625 | € 28,262,739 | € 25,110,289 | ▼ 11% |
| Profit after taxes | € 281,143 | € 502,369 | € -6,880 | € 17,822 | ▲ € 24,702 |
| Equity | € 4,062,687 | € 4,565,057 | € 4,558,176 | € 4,575,998 | |
| Total debts | € 17,015,533 | € 14,977,849 | € 13,343,990 | € 12,157,531 | ▼ 9% |
| Cash | € 2,469,669 | € 1,792,023 | € 1,198,107 | € 1,175,906 | ▼ 2% |
| Retained profit | € 4,056,487 | € 4,558,857 | € 4,551,976 | € 4,569,798 | |
| Bank debt | € 2,857,280 | € 555,175 | € 1,549,100 | € 860,648 | ▼ 44% |
| Balance sheet total | € 21,078,221 | € 19,542,905 | € 17,902,167 | € 16,733,529 | ▼ 7% |
| Employees (FTE) | 33.9 | 38.3 | 33.5 | 32 | ▼ 1.5 |
Key figures of UNITED SPORTS BRANDS EUROPE, 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 UNITED SPORTS BRANDS EUROPE?
What happened at UNITED SPORTS BRANDS EUROPE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 17,822. Source: NBB ↗
- Philip GYORI became a director. NBB
- ZEN-ART BV became a director. NBB
- Kevin Wayne JOHNSON became a director. NBB
- New establishment in Geel. KBO
- Start of the company according to the CBE. KBO
In short
From € 281,143 profit in 2022 to € 17,822 profit in 2025.
Paid € 456,285 in corporate taxes since 2022.
Best year ever: 2023, with € 502,369 profit.
Pays suppliers within 172 days on average.
A new publication or filing at UNITED SPORTS BRANDS EUROPE? 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
Behind UNITED SPORTS BRANDS EUROPE are ZEN-ART BV, Philip GYORI and Kevin Wayne JOHNSON. The shares are held by Mc David knee Guard Inc (98.9%) and McDAVID EUROPE MINORTY LLC (1.1%).
Directors
According to the 2025 annual accounts
Director · represented by Patrick CLOOTS
since 2024
Philip GYORI
Director
since 2024
Kevin Wayne JOHNSON
Director
since 2018
Shareholders
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Janssen-Pharmaceuticalaan 4 box 4
2440 Geel
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0471.920.737
- VAT number
- BE 0471.920.737
- Registered office
- Janssen-Pharmaceuticalaan 4 bus 4, 2440 Geel
- Names & denominations
- UNITED SPORTS BRANDS EUROPE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 May 2000
- Peppol
- Active · Active since 1 Jul 2025
- Activities · NACE
Groothandel in sport- en kampeerartikelen, met uitzondering van fietsen
Groothandel in sport- en kampeerartikelen, rijwielen en onderdelen en toebehoren daarvan, spellen en speelgoed
Groothandel in kleding, kledingtoebehoren en bontartikelen
Groothandel in kleding, met uitzondering van werk- en onderkleding
Groothandel in schoeisel