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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Two loss years in a row NBB
Negative result in 2022 and 2023.
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Tight liquidity NBB
Cash and receivables cover 41 % of short-term debt in 2023; threshold 65 %.
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Shrinking team NBB
FTE fell two years in a row, from 11.4 to 9.4.
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Late annual account NBB
Fiscal year 2023 was filed 259 days after the legal deadline.
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Legal situation KBO
Opening faillissement according to the CBE.
Financials
Financial year 2023
USINE UNION from Soignies, company number BE0831320088, closed financial year 2023 with a result of € -387,892 after tax. For that financial year USINE UNION recorded a gross margin of € 65,599 and equity of € 381,344. Compared with financial year 2022, the result moved from € -274,677 to € -387,892. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on April 16, 2025.
€ 381,344
▲ 29% vs 2022
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -387,892
▼ 41 % more loss than in 2022
Profit after tax over the fiscal year.
€ 28,545
▲ 46% vs 2022
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -154,656.
People and assets in 2023
9.4
▼ 1.6 vs 2022
Average over the fiscal year, from the social balance sheet.
€ 379,413
▼ 18% vs 2022
€ 40,400 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.
€ 21,475
▲ 284% vs 2022
Book value of vehicles, furniture and equipment.
Debts at end 2023
€ 214,237
▼ 71% vs 2022
€ 15,907 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 470,000
▲ 88% vs 2022
Supplier invoices still open on the last day of the fiscal year.
€ 123,101
▼ 10% vs 2022
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | Change 2022 → 2023 | |
|---|---|---|---|---|
| Gross margin | € 946,550 | € 307,976 | € 65,599 | ▼ 79% |
| Profit after taxes | € 6,062 | € -274,677 | € -387,892 | ▼ € 113,215 |
| Equity | € 569,413 | € 294,736 | € 381,344 | ▲ 29% |
| Total debts | € 732,666 | € 1,136,195 | € 820,440 | ▼ 28% |
| Cash | € 69,265 | € 19,507 | € 28,545 | ▲ 46% |
| Land & buildings | - | € 133,665 | € 118,814 | ▼ 11% |
| Retained profit | € -274,685 | € -549,362 | € -154,656 | ▲ € 394,706 |
| Bank debt | € 350,160 | € 748,894 | € 214,237 | ▼ 71% |
| Balance sheet total | € 1,302,079 | € 1,430,931 | € 1,201,784 | ▼ 16% |
| Employees (FTE) | 11.4 | 11 | 9.4 | ▼ 1.6 |
Key figures of USINE UNION, fiscal years 2021 to 2023, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2024 has not been filed yet; it was expected before 31 July 2025.
What happened to USINE UNION?
What happened at USINE UNION in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
USINE UNION is active according to the CBE. Legal situation: Opening faillissement.
- New annual accounts for financial year 2023: loss of € 387,892. filed late Source: NBB ↗
- New establishment in Soignies. KBO
- Start of the company according to the CBE. KBO
In short
From € 6,062 profit in 2021 to € 387,892 loss in 2023.
Best year ever: 2021, with € 6,062 profit.
On average € 7,000 of value added per employee in 2023.
Management
The stake of Daudé Fabrication comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
USINE UNIONBehind USINE UNION is DAUDE FABRICATION SRL. The shares are held by USINE UNION FRANCE SA (100%) and Daudé Fabrication (100%). It owns 100% of USINE UNION FRANCE SAS itself.
Directors
According to the 2023 annual accounts
Director · represented by KARL LEMAIRE
Shareholders
USINE UNION FRANCE SA
100%
100%
Participations
USINE UNION FRANCE SAS
100%
Establishments
Establishment units
Physical locations of this company
Chemin de l'Ile du Diable 1
7060 Soignies
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
OVH, FR
DNS
OVH DNS
Website info
Features
Security
Network
Details
- Company number
- 0831.320.088
- VAT number
- BE 0831.320.088
- Registered office
- Chemin de l'Ile du Diable 1, 7060 Soignies
- Names & denominations
- USINE UNION
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Opening faillissement
- Start date
- 23 November 2010
- Peppol
- Not registered
- Contact
- union.be [email protected] +32(0)67634963
- Activities · NACE
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