Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 58 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
URSA from Roeselare, company number BE0480327964, closed financial year 2025 with a result of € 763,251 after tax. For that financial year URSA recorded a gross margin of € 2.2 million and equity of € 6.6 million. Compared with financial year 2024, the result moved from € 1.2 million to € 763,251. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on November 6, 2025.
€ 6.6 million
▲ 13% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 763,251
▼ 36% vs 2024
Profit after tax over the fiscal year.
€ 531,813
▲ 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 € 6.5 million.
People and assets in 2025
1.6
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 48,754
▲ 11% vs 2024
€ 30,500 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.
€ 103
▼ 82% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 5.4 million
▲ 40% vs 2024
€ 724,388 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 100,065
▲ € 75,095 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 4,717
▼ 28% vs 2024
Taxes, VAT and social contributions still to pay.
| 2021 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,047,036 | € 2,155,500 | € 2,063,729 | € 2,243,485 | ▲ 9% |
| Profit after taxes | € 33,238 | € 271,940 | € 1,195,526 | € 763,251 | ▼ 36% |
| Equity | € 4,345,523 | € 4,617,463 | € 5,812,989 | € 6,585,138 | ▲ 13% |
| Total debts | € 15,715,742 | € 12,664,908 | € 12,450,208 | € 22,419,973 | ▲ 80% |
| Cash | € 1,072,466 | € 257,958 | € 520,372 | € 531,813 | ▲ 2% |
| Land & buildings | € 4,574,372 | € 4,127,061 | € 3,790,426 | € 7,005,667 | ▲ 85% |
| Retained profit | € 4,283,123 | € 4,555,063 | € 5,750,589 | € 6,522,738 | ▲ 13% |
| Bank debt | € 8,827,448 | € 4,524,308 | € 3,879,202 | € 5,430,145 | ▲ 40% |
| Balance sheet total | € 20,136,265 | € 17,357,371 | € 18,263,197 | € 29,176,863 | ▲ 60% |
| Employees (FTE) | 3 | 2.1 | 1.4 | 1.6 | ▲ 0.2 |
Key figures of URSA, fiscal years 2021 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to URSA?
What happened at URSA in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Francis VERSTRAETE stepped down as director. NBB
- An VAN HEMELDONCK stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 763,251 (▼ 36% vs 2024). filed late Source: NBB ↗
- Francis VERSTRAETE became a director. NBB
- An VAN HEMELDONCK became a director. NBB
- New establishment in Roeselare. KBO
- Start of the company according to the CBE. KBO
- New establishment in Roeselare. KBO
In short
From € 33,238 profit in 2021 to € 763,251 profit in 2025.
Paid € 806,851 in corporate taxes since 2021.
Best year ever: 2024, with € 1.2 million profit.
On average € 1.4 million of value added per employee in 2025.
Management
It owns 99% of Vinpas, 49% of Investeringen Verstraete and 20% of Grondig itself.
Directors
According to the 2025 annual accounts
Francis VERSTRAETE
Managing director
Also active at: Roeselaars Bouw en Betonbedrijf, BOUW- EN HOUTONDERNEMING VERSTRAETE, Immobilière Verstraete, VERDES, INVESTERINGEN VERSTRAETE, CONSCIS, Verstraete Logistiek, GRONDIG
since 2021 · until 2027
An VAN HEMELDONCK
Director
Also active at: BOUW- EN HOUTONDERNEMING VERSTRAETE, INVESTERINGEN VERSTRAETE, CENTRUM ALGEMEEN WELZIJNSWERK CENTRAAL - WEST - VLAANDEREN, GRONDIG
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Sint-Michielsstraat 32
8800 Roeselare
Sint-Michielsstraat 38
8800 Roeselare
Active since 1 July 2013
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0480.327.964
- VAT number
- BE 0480.327.964
- Registered office
- Sint-Michielsstraat 32, 8800 Roeselare
- Names & denominations
- URSA
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 27 May 2003
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- [email protected] 0495208915
- Activities · NACE
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