ACTIVE

USEBEL

Financial year 2025 · closed on 30/06/2025
Net result
-35,2 k €
-12.9% YoY
Gross margin
-42,8 k €
-4.7% YoY
Equity
2,6 M €
-1.4% YoY

What does USEBEL do?

USEBEL is a Public limited company incorporated in 1995. Its registered office is in Maarkedal.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0455.856.349
Incorporation
21/08/1995
Legal form
Public limited company
Registered office
Bossenaarstraat 1
9680 Maarkedal · FlandreSee on map
Contributed capital
286 341,44 €
Latest accounts
30/06/2025
Signals
Solid equity
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220202019201820172016201520142013201220112010200920082006
Income statement
Gross margin-42,8 k €-40,9 k €-43,2 k €-53,7 k €-27,3 k €-33,5 k €-44,8 k €-40,3 k €-11,5 k €-27 k €-19,9 k €-31 k €-27,1 k €21,7 k €9,5 k €21,9 k €64,9 k €22,2 k €
EBITDA-44 k €-42,1 k €-44,4 k €-55 k €-145,9 k €-35,1 k €-76 k €-42,8 k €-12,8 k €-31,1 k €-21,2 k €-32,4 k €-28,2 k €20,4 k €6,7 k €18,6 k €59 k €17,5 k €
Operating result-47,4 k €-43,1 k €-44,7 k €-55 k €-151,6 k €-58,5 k €-99,3 k €-66,3 k €-36,1 k €-40,3 k €-31,5 k €-43,4 k €-38,3 k €9,2 k €-6,6 k €-730,1 €13,7 k €-15,6 k €
Net result-35,2 k €-31,2 k €164,9 k €2,1 M €-139,3 k €-55,2 k €-68,6 k €-41,4 k €700,4 k €3,1 k €11,7 k €-3 k €-3,2 k €-1,6 M €46 k €9,5 k €450,5 k €19 k €
Balance sheet
Equity2,6 M €2,6 M €2,6 M €2,5 M €457,1 k €596,4 k €651,6 k €720,2 k €761,5 k €61,1 k €58 k €46,2 k €49,2 k €-97,6 k €1,5 M €1,5 M €1,4 M €994,8 k €
Total assets3,2 M €3,2 M €3,3 M €5,7 M €983 k €1,1 M €1,2 M €1,3 M €1,3 M €1,1 M €1,2 M €1,2 M €1,2 M €1 M €2,7 M €2,7 M €2,6 M €1,7 M €
Cash64,8 k €135,3 k €119,9 k €2,5 M €17,7 k €17,3 k €11,8 k €55,5 k €18,5 k €14,1 k €41,5 k €24,9 k €35 k €21,4 k €27,6 k €51,8 k €12,4 k €25,7 k €
Debts606,2 k €617,4 k €639,1 k €3,3 M €521,9 k €523,6 k €537,6 k €533,4 k €551 k €1,1 M €1,1 M €1,1 M €1,1 M €1,1 M €1,1 M €1,2 M €1,1 M €692,9 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 15 ended

Active mandates

Jan Baptiste Santens

Director · since 18 décembre 2023 · until 24 novembre 2029

Active
Santens Marc

Director · since 18 décembre 2023 · until 24 novembre 2029

Active

Ended mandates

Jan Baptiste Santens

Director · since 30 novembre 2019 · until 29 décembre 2025

Ended
Jan Baptiste Santens

Managing director · since 30 novembre 2019 · until 30 novembre 2025

Ended
Jean Baptiste Santens

Managing director · since 30 novembre 2019 · until 30 novembre 2025

Ended
Marc Santens

Director · since 30 novembre 2019 · until 30 novembre 2025

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelAbridged modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/07/202401/07/202301/07/202201/07/202101/07/202001/07/2019
Closing of the financial year30/06/202530/06/202430/06/202330/06/202230/06/202130/06/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date23/12/202530/01/202525/01/202430/01/202326/01/202201/02/2021
General meeting29/11/202530/11/202426/12/202326/12/202231/12/202128/11/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model30/06/202529/11/202523/12/2025DutchPDF
Abridged model30/06/202430/11/202430/01/2025DutchPDF
Micro model30/06/202326/12/202325/01/2024DutchPDF
Micro model30/06/202226/12/202230/01/2023DutchPDF
Micro model30/06/202131/12/202126/01/2022DutchPDF
Micro model30/06/202028/11/202001/02/2021DutchPDF
Micro model30/06/201930/11/201929/01/2020DutchPDF
Micro model30/06/201815/12/201831/01/2019DutchPDF
Micro model30/06/201716/12/201718/01/2018DutchPDF
Abridged model30/06/201617/12/201613/01/2017DutchPDF
Abridged model30/06/201519/12/201529/01/2016DutchPDF
Abridged model30/06/201420/12/201429/01/2015DutchPDF
Abridged model30/06/201330/11/201322/01/2014DutchPDF
Abridged model30/06/201224/11/201225/01/2013DutchPDF
Abridged model30/06/201128/11/201115/12/2011DutchPDF
Abridged model30/06/201027/11/201021/12/2010DutchPDF
Abridged model30/06/200929/11/200917/12/2009DutchPDF
Abridged model30/06/200829/11/200812/12/2008DutchPDF
Abridged model31/12/200626/05/200719/06/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 30/06/2025 · 2 active · 15 ended

Active mandates

Jan Baptiste Santens

Director · since 18 décembre 2023 · until 24 novembre 2029

Active
Santens Marc

Director · since 18 décembre 2023 · until 24 novembre 2029

Active

Ended mandates

Jan Baptiste Santens

Director · since 30 novembre 2019 · until 29 décembre 2025

Ended
Jan Baptiste Santens

Managing director · since 30 novembre 2019 · until 30 novembre 2025

Ended
Jean Baptiste Santens

Managing director · since 30 novembre 2019 · until 30 novembre 2025

Ended
Marc Santens

Director · since 30 novembre 2019 · until 30 novembre 2025

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates28/12/2023
    DIVERSEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/02/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates21/02/2014
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates25/03/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates29/02/2012
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares11/01/2012
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other02/01/2008
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates28/08/2007
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-35,2 k €
  2. 2024
    Annual accounts 2024-31,2 k €
  3. 2023
    Annual accounts 2023164,9 k €
  4. 2022
    Annual accounts 20222,1 M €
  5. 2020
    Annual accounts 2020-139,3 k €
  6. 2019
    Annual accounts 2019-55,2 k €
  7. 2018
    Annual accounts 2018-68,6 k €
  8. 2017
    Annual accounts 2017-41,4 k €
  9. 2016
    Annual accounts 2016700,4 k €
  10. 2015
    Annual accounts 20153,1 k €
  11. 2014
    Annual accounts 201411,7 k €
  12. 2013
    Annual accounts 2013-3 k €
  13. 2012
    Annual accounts 2012-3,2 k €
  14. 2011
    Annual accounts 2011-1,6 M €
  15. 2010
    Annual accounts 201046 k €
  16. 2009
    Annual accounts 20099,5 k €
  17. 2008
    Annual accounts 2008450,5 k €
  18. 2006
    Annual accounts 200619 k €
  19. 21/08/1995
    IncorporationPublic limited company