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 3 of the last 4 fiscal years.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
-
Tight liquidity NBB
Cash and receivables cover 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
UCAST from Beernem, company number BE0540892685, closed financial year 2025 with a result of € -90,172 after tax. For that financial year UCAST recorded a gross margin of € 1.1 million and equity of € -1.2 million. Compared with financial year 2024, the result moved from € -319,366 to € -90,172. 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 October 15, 2026.
€ -1.2 million
▼ € 282,214 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -90,172
▲ 72 % less loss than in 2024
Profit after tax over the fiscal year.
€ 292,913
▼ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -1.7 million.
People and assets in 2025
8.1
▲ 0.8 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 639,353
▲ 16% vs 2024
€ 78,900 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.
€ 13,637
▲ 86% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 153,995
▲ 57% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 108,134
▲ 24% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 335,524 | € 364,250 | € 560,703 | € 1,115,172 | ▲ 99% |
| Profit after taxes | € -364,754 | € -498,971 | € -319,366 | € -90,172 | ▲ € 229,194 |
| Equity | € 166,134 | € -482,018 | € -885,068 | € -1,167,282 | ▼ € 282,214 |
| Total debts | € 2,633,791 | € 2,756,675 | € 3,281,611 | € 3,849,680 | ▲ 17% |
| Cash | € 773,339 | € 391,547 | € 380,211 | € 292,913 | ▼ 23% |
| Retained profit | € -810,953 | € -1,309,924 | € -1,629,290 | € -1,719,461 | ▼ € 90,172 |
| Bank debt | € 2,043,060 | € 2,025,130 | € 2,507,341 | € 0 | ▼ 100% |
| Balance sheet total | € 2,799,925 | € 2,274,657 | € 2,396,543 | € 2,682,398 | ▲ 12% |
| Employees (FTE) | 6.7 | 6.1 | 7.3 | 8.1 | ▲ 0.8 |
Key figures of UCAST, 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 UCAST?
What happened at UCAST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 90,172. filed late Source: NBB ↗
- Think2! Comm.V. became a director. NBB
- Bart Delcroix became a director. NBB
- Tanja Vaheri-Delmulle became a director. NBB
- Ivor Micallef became a director. NBB
- 360 Consulting Besloten Vennootschap became a director. NBB
- New establishment in Beernem. KBO
- Start of the company according to the CBE. KBO
In short
From € 364,754 loss in 2022 to € 90,172 loss in 2025.
Paid € 3,625 in corporate taxes since 2022.
On average € 137,700 of value added per employee in 2025.
Management
The stake of Telenet Group comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
UCASTBehind UCAST are Think2! Comm.V., Bart Delcroix, Tanja Vaheri-Delmulle, Ivor Micallef and 360 Consulting Besloten Vennootschap. The shares are held by Connectify nv (60.5%), Stefan Danschotter (10%), Steven Zwaenepoel (10%), Jimmy Kluits (10%), Bert Vanhoutte (9.6%) and Telenet Group (60.5%).
Directors
According to the 2025 annual accounts
Director · represented by Bert Vanhoutte
since 2023
Bart Delcroix
Director
since 2023
Tanja Vaheri-Delmulle
Director
since 2023
Ivor Micallef
Director
since 2023
360 Consulting Besloten Vennootschap
Director · represented by Steven Zwaenepoel
since 2023
Shareholders
60.5%
Stefan Danschotter
10%
Steven Zwaenepoel
10%
Jimmy Kluits
10%
Bert Vanhoutte
9.6%
60.5%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Sint-Jorisstraat 96
8730 Beernem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
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LAMBRECHT VILLABOUW
€ 374,418 gross margin · 2026
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€ 62,163 gross margin · 2025
YOUNEEK
€ 24,015 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
DSTNY-BACKBONE International Backbone, BE
Domain
Domain
pixee.eu
Registrar
Nomeo bvba
Website info
Features
Security
Details
- Company number
- 0540.892.685
- VAT number
- BE 0540.892.685
- Registered office
- Sint-Jorisstraat 96, 8730 Beernem
- Names & denominations
- UCAST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 17 October 2013
- Peppol
- Active · Active since 30 Jan 2026
- Contact
- pixee.eu [email protected] 051252872
- Activities · NACE
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