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.
-
Tight liquidity NBB
Cash and receivables cover 32 % of short-term debt in 2024; threshold 65 %.
Financials
Financial year 2024
USW from Gent, company number BE0500980056, closed financial year 2024 with a result of € -65,680 after tax. For that financial year USW recorded a gross margin of € 73,522 and equity of € -444,353. Compared with financial year 2023, the result moved from € 18,578 to € -65,680. The company made a loss. 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 September 30, 2025.
€ -444,353
▼ € 65,680 vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -65,680
▼ still € 18,578 profit in 2023
Profit after tax over the fiscal year.
€ 2,463
▼ 30% vs 2023
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -450,553.
People and assets in 2024
€ 84,764
▲ 58% vs 2023
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 3,200
▲ 129% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 2,512
▲ 130% vs 2023
Loans from banks and other lenders, long and short.
€ 411,932
▲ 103% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 5,646
▼ 74% vs 2023
Taxes, VAT and social contributions still to pay.
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| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Gross margin | € -93,543 | € -8,441 | € 103,996 | € 73,522 | ▼ 29% |
| Profit after taxes | € -181,942 | € -39,694 | € 18,578 | € -65,680 | ▼ € 84,258 |
| Equity | € -357,557 | € -397,251 | € -378,673 | € -444,353 | ▼ € 65,680 |
| Total debts | € 446,593 | € 667,705 | € 893,374 | € 1,302,670 | ▲ 46% |
| Cash | € 1,946 | € 3,872 | € 3,538 | € 2,463 | ▼ 30% |
| Retained profit | € -363,757 | € -403,451 | € -384,873 | € -450,553 | ▼ € 65,680 |
| Bank debt | € 0 | € 1,530 | € 1,093 | € 2,512 | ▲ 130% |
| Balance sheet total | € 89,036 | € 270,455 | € 514,701 | € 858,317 | ▲ 67% |
Key figures of USW, 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 USW?
What happened at USW in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2024: loss of € 65,680 (▼ € 84,258 vs 2023). filed late Source: NBB ↗
- New establishment in Gent. KBO
- New establishment in Sint-Agatha-Berchem. KBO
- Start of the company according to the CBE. KBO
- Nikos Verschore became a director. NBB
In short
From € 181,942 loss in 2021 to € 65,680 loss in 2024.
Paid € 1,636 in corporate taxes since 2021.
Best year ever: 2023, with € 18,578 profit.
A new publication or filing at USW? 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 USW are Hannes Verschore, Nikos Verschore and Jan Becue. Hannes Verschore is also behind JHN.
Directors
According to the 2024 annual accounts
Nikos Verschore
Director
since 2012
Jan Becue
Director
Establishments
Establishment units
Physical locations of this company
Deinsesteenweg 28
9031 Gent
Gentsesteenweg 1299
1082 Sint-Agatha-Berchem
Active since 22 November 2012
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0500.980.056
- VAT number
- BE 0500.980.056
- Registered office
- Deinsesteenweg 28, 9031 Gent
- Names & denominations
- USW
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 November 2012
- Peppol
- Active · Active since 19 Dec 2025
- Activities · NACE
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