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.
Financials
Financial year 2025
Underwater Solutions Group from Antwerpen, company number BE0748585424, closed financial year 2025 with a result of € -19,033 after tax. For that financial year Underwater Solutions Group recorded a gross margin of € 125,965 and equity of € 193,226. Compared with financial year 2024, the result moved from € -122,968 to € -19,033. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 28, 2026.
€ 193,226
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -19,033
▲ 85 % less loss than in 2024
Profit after tax over the fiscal year.
€ 27,384
▲ 254% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 187,626.
People and assets in 2025
2.8
▲ 2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 114,013
▲ 137% vs 2024
€ 40,700 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.
€ 90,067
▲ 40% vs 2024
Of which on lease € 77,108.
Debts at end 2025
€ 273,479
▲ 39% vs 2024
€ 87,778 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 126,853
▼ 52% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 51,800
▲ € 44,352 vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 82,589 | € 62,273 | € 153,543 | € 125,965 | ▼ 18% |
| Profit after taxes | € 23,051 | € 272,111 | € -122,968 | € -19,033 | ▲ € 103,936 |
| Equity | € 63,116 | € 335,227 | € 212,258 | € 193,226 | ▼ 9% |
| Total debts | € 253,648 | € 456,506 | € 483,708 | € 664,651 | ▲ 37% |
| Cash | € 1,863 | € 34,337 | € 7,738 | € 27,384 | ▲ 254% |
| Retained profit | € 57,516 | € 329,627 | € 206,658 | € 187,626 | ▼ 9% |
| Bank debt | € 239,286 | € 192,176 | € 196,586 | € 273,479 | ▲ 39% |
| Balance sheet total | € 316,764 | € 791,733 | € 695,967 | € 857,877 | ▲ 23% |
| Employees (FTE) | 0.8 | 0.8 | 0.8 | 2.8 | ▲ 2 |
Key figures of Underwater Solutions Group, 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 Underwater Solutions Group?
What happened at Underwater Solutions Group in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 19,033. filed late Source: NBB ↗
- New establishment in Temse. KBO
- New establishment in Antwerpen. KBO
- New establishment in Antwerpen. KBO
- Start of the company according to the CBE. KBO
In short
From € 23,051 profit in 2022 to € 19,033 loss in 2025.
Paid € 13,524 in corporate taxes since 2022.
Best year ever: 2023, with € 272,111 profit.
On average € 45,000 of value added per employee in 2025.
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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 Underwater Solutions Group is Hans Cuylits. Hans Cuylits is also behind ANTWERP UNDERWATER SALVAGE.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Nassaustraat 3 box 501
2000 Antwerpen
Willemdok 4 box D
2000 Antwerpen
Active since 1 August 2024
Krimperslaan 4E
9140 Temse
Active since 1 February 2025
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
Rackspace Email
Hosting
CLOUDFLARENET - Cloudflare, Inc., US
DNS
Cloudflare DNS
Domain
Domain
inlightconsultancy.be
Registered
2020-05-29
Website info
Features
Security
Network
Details
- Company number
- 0748.585.424
- VAT number
- BE 0748.585.424
- Registered office
- Nassaustraat 3 bus 501, 2000 Antwerpen
- Names & denominations
- Underwater Solutions Group · USg
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 15 June 2020
- Peppol
- Active · Active since 19 May 2025
- Activities · NACE
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