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.
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Tight liquidity NBB
Cash and receivables cover 21 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
USC from Kelmis, company number BE0883282691, closed financial year 2025 with a result of € 36,949 after tax. For that financial year USC recorded a gross margin of € 59,054 and equity of € -486,847. Compared with financial year 2024, the result moved from € 202 to € 36,949. 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 February 3, 2026.
€ -486,847
▲ € 36,949 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 36,949
▲ € 36,747 vs 2024
Profit after tax over the fiscal year.
€ 6,391
▲ 163% 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 € -506,847.
People and assets in 2025
€ 1,111
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 982,000
▼ 4% vs 2024
€ 45,970 is repaid this year. At this pace the long-term loan is gone in ≈ 21 years.
€ 227
▼ 90% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 2,924
▲ 16% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 24,861 | € 26,043 | € 23,638 | € 59,054 | ▲ 150% |
| Profit after taxes | € -5,249 | € 5,632 | € 202 | € 36,949 | ▲ € 36,747 |
| Equity | € -529,630 | € -523,998 | € -523,796 | € -486,847 | ▲ € 36,949 |
| Total debts | € 1,236,220 | € 1,180,851 | € 1,118,750 | € 1,049,537 | ▼ 6% |
| Cash | € 52,437 | € 32,215 | € 2,430 | € 6,391 | ▲ 163% |
| Land & buildings | € 258,899 | € 247,328 | € 235,762 | € 224,197 | ▼ 5% |
| Retained profit | € -549,630 | € -543,998 | € -543,796 | € -506,847 | ▲ € 36,949 |
| Bank debt | € 1,156,794 | € 1,092,273 | € 1,025,710 | € 982,000 | ▼ 4% |
| Balance sheet total | € 706,590 | € 656,853 | € 594,954 | € 562,690 | ▼ 5% |
Key figures of USC, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to USC?
What happened at USC in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 36,949 (▲ € 36,747 vs 2024). filed late Source: NBB ↗
- New establishment in Kelmis. KBO
- Start of the company according to the CBE. KBO
In short
From € 5,249 loss in 2022 to € 36,949 profit in 2025.
Paid € 485 in corporate taxes since 2022.
Best year ever: 2025, with € 36,949 profit.
Establishments
Establishment units
Physical locations of this company
Rue de la Gare 36
4728 Kelmis
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0883.282.691
- VAT number
- BE 0883.282.691
- Registered office
- Rue de la Gare 36, 4728 Kelmis
- Names & denominations
- USC
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 August 2006
- Peppol
- Active · Active since 23 May 2026
- Activities · NACE
Detailhandel in ijzerwaren, bouwmaterialen, verf en glas (algemeen assortiment)
Detailhandel in ijzerwaren, verf, bouwmaterialen (inclusief doe-het-zelfzaken) met een verkoopsoppervlakte van minder dan 400 m2
Activiteiten van adviesbureaus op het gebied van bedrijfsvoering en overig managementadvies
Detailhandel in onderkleding, lingerie en strand- en badkleding
Overige activiteiten van geldscheppende financiële instellingen
Detailhandel in dranken, algemeen assortiment
Handel in eigen onroerend goed
Detailhandel in alcoholische en andere dranken
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