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 5 % of short-term debt in 2025; threshold 65 %.
-
Legal situation KBO
Vrijwillige ontbinding – vereffening according to the CBE.
Financials
Financial year 2025
U-STORAGE from Gent, company number BE0810119254, closed financial year 2025 with a result of € 28,433 after tax. For that financial year U-STORAGE recorded a gross margin of € 58,236 and equity of € -23.6 million. Compared with financial year 2024, the result moved from € -22,547 to € 28,433. Profitable, and profit is growing. 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 22, 2026.
€ -23.6 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 28,433
▲ still € 22,547 loss in 2024
Profit after tax over the fiscal year.
€ 78,263
▼ 69% 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 € -27.3 million.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
Debts at end 2025
€ 8.3 million
▼ 3% vs 2024
€ 622,607 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 16.1 million
Supplier invoices still open on the last day of the fiscal year.
€ 129,928
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -5,401 | € -2,789 | € -22,947 | € 58,236 | ▲ € 81,184 |
| Profit after taxes | € -6,903 | € -2,842 | € -22,547 | € 28,433 | ▲ € 50,980 |
| Equity | € -23,629,642 | € -23,632,484 | € -23,655,031 | € -23,626,599 | |
| Total debts | € 25,066,125 | € 25,066,444 | € 24,962,772 | € 24,696,455 | ▼ 1% |
| Cash | € 285,596 | € 283,072 | € 254,606 | € 78,263 | ▼ 69% |
| Retained profit | € -27,281,492 | € -27,284,334 | € -27,306,881 | € -27,278,449 | |
| Bank debt | € 8,667,503 | € 8,667,503 | € 8,587,503 | € 8,321,240 | ▼ 3% |
| Balance sheet total | € 1,436,483 | € 1,433,960 | € 1,307,740 | € 1,069,856 | ▼ 18% |
Key figures of U-STORAGE, 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 U-STORAGE?
What happened at U-STORAGE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
U-STORAGE is active according to the CBE. Legal situation: Vrijwillige ontbinding – vereffening.
- New annual accounts for financial year 2025: profit of € 28,433. filed late Source: NBB ↗
- GEERT DEFREYNE became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,903 loss in 2022 to € 28,433 profit in 2025.
Best year ever: 2025, with € 28,433 profit.
Management
The stake of HOLVE comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
U-STORAGEBehind U-STORAGE is GEERT DEFREYNE. The shares are held by HOLVE (35.7%).
Directors
According to the 2025 annual accounts
GEERT DEFREYNE
Liquidator
since 2020
Shareholders
35.7%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Kortrijksesteenweg 361
9000 Gent
Deinsesteenweg 114
9031 Gent
Active since 27 February 2009
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →WIJNHANDEL BJ
€ -116,637 gross margin · 2025
PLN
€ -736 gross margin · 2024
CASADOMUS
€ -2,477 gross margin · 2025
CIRIGAN
€ -1,417 gross margin · 2025
Serti Wieme
€ -486 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.
Details
- Company number
- 0810.119.254
- VAT number
- BE 0810.119.254
- Registered office
- Kortrijksesteenweg 361, 9000 Gent
- Names & denominations
- U-STORAGE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Vrijwillige ontbinding – vereffening
- Start date
- 27 February 2009
- Peppol
- Not registered
- Activities · NACE
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