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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Two loss years in a row NBB
Negative result in 2025 and 2026.
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Tight liquidity NBB
Cash and receivables cover 0 % of short-term debt in 2026; threshold 65 %.
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Busy address KBO
17 other companies have their registered office at the same address; threshold 10.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2026
UCO RAYMOND DENIM HOLDING from Kortrijk, company number BE0882391182, closed financial year 2026 with a result of € -92,692 after tax. For that financial year UCO RAYMOND DENIM HOLDING recorded a gross margin of € 116,152 and equity of € -16.4 million. Compared with financial year 2025, the result moved from € -204,994 to € -92,692. 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 29, 2026.
€ -16.4 million
▼ € 92,692 vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -92,692
▲ 55 % less loss than in 2025
Profit after tax over the fiscal year.
€ 17,422
▲ € 17,016 vs 2025
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -82.3 million.
Debts at end 2026
€ 10.1 million
Loans from banks and other lenders, long and short.
€ 782,802
▼ 10% vs 2025
Supplier invoices still open on the last day of the fiscal year.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Gross margin | € -11,883 | € -4,040 | € 93,485 | € 116,152 | ▲ 24% |
| Profit after taxes | € 43,414 | € -302,974 | € -204,994 | € -92,692 | ▲ € 112,302 |
| Equity | € -15,792,123 | € -16,095,098 | € -16,300,092 | € -16,392,784 | ▼ € 92,692 |
| Total debts | € 15,795,108 | € 16,095,435 | € 16,300,498 | € 16,412,024 | ▲ 1% |
| Cash | € 2,984 | € 337 | € 406 | € 17,422 | ▲ € 17,016 |
| Retained profit | € -81,677,123 | € -81,980,098 | € -82,185,092 | € -82,277,784 | |
| Bank debt | € 10,100,000 | € 10,100,000 | € 10,100,000 | € 10,100,000 | |
| Balance sheet total | € 2,984 | € 337 | € 406 | € 19,241 | ▲ € 18,835 |
Key figures of UCO RAYMOND DENIM HOLDING, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to UCO RAYMOND DENIM HOLDING?
What happened at UCO RAYMOND DENIM HOLDING in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Jatin Khanna stepped down as director. NBB
- New annual accounts for financial year 2026: loss of € 92,692. Source: NBB ↗
- Jatin Khanna became a director. NBB
- SOCOFI NV stepped down as director. NBB
- SOCOFI NV became a director. NBB
- New establishment in Kortrijk. KBO
- Start of the company according to the CBE. KBO
In short
From € 43,414 profit in 2023 to € 92,692 loss in 2026.
Paid € 24 in corporate taxes since 2023.
Best year ever: 2023, with € 43,414 profit.
Management
It owns 50% of UCO TESATURA SRL itself.
Directors
According to the 2026 annual accounts
Jatin Khanna
Director
since 2026 · until 2028
Director · represented by Alain Vermeersch
Also active at: UCO, RAMI SERVICES, AESCO, SUN INVEST
since 2023 · until 2026
Establishments
Establishment units
Physical locations of this company
Doorniksewijk(Kor) 49
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.
All companies at this address →B.M.H.
Belgo-Indian Chamber of Commerce and Industry
Cecan
€ -838,803 gross margin · 2025
VOBIS FINANCE
MIDELCO
€ 1.2 million revenue · 2025
+12 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
- 0882.391.182
- VAT number
- BE 0882.391.182
- Registered office
- Doorniksewijk(Kor) 49, 8500 Kortrijk
- Names & denominations
- UCO RAYMOND DENIM HOLDING
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 5 July 2006
- Peppol
- Not registered