ACTIVE

UCO

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Financial year 2025 · closed on 31/03/2025

Net result

223,7 k €

+101.8% YoY

Revenue

232,9 k €

-36.9% YoY

Equity

45 M €

+0.5% YoY

Workforce

1,5 ETP

0.0% YoY

What does UCO do?

UCO is a Public limited company incorporated in 1996. Its main activity is: Weaving of textiles. Its registered office is in Kortrijk. It employs on average 1,5 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0457.983.322

Incorporation

20/05/1996

Legal form

Public limited company

Registered office

Doorniksewijk(Kor) 49
8500 Kortrijk · FlandreSee on map

Contributed capital

18 500 000,00 €

Latest accounts

31/03/2025

Average workforce

1,5 ETP

Activities (NACE)

13200Weaving of textiles· main 13200Weaving of textiles 46411Wholesale of textiles 46411Wholesale of textiles 51410Air transport 64200Activities of holding companies+1

Joint committees (2)

Signals

ProfitableSolid equityPositive cashflow

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	232,9 k €	-36.9%	369,3 k €	+42.2%	259,7 k €	+74.5%	148,8 k €	+202%	49,3 k €	-55.0%	109,5 k €	-91.9%	1,3 M €	-11.7%	1,5 M €	+385%	314,5 k €	+218%	98,9 k €	-36.4%	155,4 k €	+5.0%	148 k €	+482%	25,4 k €		–		–		–		–		78 k €
EBITDA	-194,3 k €	+39.5%	-321 k €	+6.4%	-342,8 k €	-36.3%	-251,5 k €	+26.5%	-342,2 k €	+15.8%	-406,6 k €	-96.6%	-206,8 k €	+8.0%	-224,7 k €	+63.7%	-619,6 k €	-7.1%	-578,5 k €	-18.5%	-488 k €	+26.2%	-661,1 k €	+43.7%	-1,2 M €	-9.4%	-1,1 M €	-33.1%	-806,4 k €	-2.2%	-789,2 k €	-7.8%	-731,9 k €	+38.2%	-1,2 M €
Operating result	-214,8 k €	+37.6%	-344 k €	+22.0%	-440,7 k €	-237050%	186 €	+100%	-320,9 k €	+42.6%	-558,9 k €	-29.1%	-433 k €	+21.0%	-548,4 k €	+42.4%	-952,1 k €	-5.4%	-903,3 k €	-16.2%	-777,5 k €	+35.4%	-1,2 M €	-0.7%	-1,2 M €	-9.5%	-1,1 M €	-21.8%	-896,6 k €	-2.4%	-875,4 k €	-7.3%	-815,5 k €	+38.2%	-1,3 M €
Net result	223,7 k €	+102%	-12,4 M €	-2505%	515,1 k €	+3823%	-13,8 k €	+98.9%	-1,3 M €	-942%	-121,6 k €	+98.8%	-10,1 M €	-1622%	666,1 k €	-61.2%	1,7 M €	-65.5%	5 M €	+1312%	352,4 k €	+132%	-1,1 M €	-172%	1,5 M €	+262%	-940,5 k €	-102%	46,6 M €	+234%	-34,9 M €	-34.1%	-26 M €	-370%	9,6 M €
Balance sheet
Equity	45 M €	+0.5%	44,7 M €	-21.7%	57,1 M €	+0.9%	56,6 M €	-0.0%	56,6 M €	-2.2%	57,9 M €	-0.2%	58 M €	-14.9%	68,2 M €	+0.4%	67,9 M €	+2.0%	66,6 M €	+11.3%	59,8 M €	+0.6%	59,5 M €	-2.5%	61 M €	+2.6%	59,5 M €	-1.6%	60,5 M €	+336%	13,9 M €	-71.6%	48,7 M €	-34.8%	74,7 M €
Total assets	63,8 M €	-0.8%	64,3 M €	-21.6%	82 M €	+6.0%	77,3 M €	+12.3%	68,9 M €	-0.3%	69,1 M €	+2.6%	67,4 M €	-10.3%	75,1 M €	+5.0%	71,5 M €	+4.1%	68,7 M €	+9.7%	62,6 M €	-1.8%	63,7 M €	-1.3%	64,6 M €	+2.4%	63 M €	+1.0%	62,4 M €	+31.6%	47,4 M €	-52.7%	100,3 M €	-5.1%	105,6 M €
Cash	17,7 k €	+55.1%	11,4 k €	-33.4%	17,1 k €	-37.6%	27,5 k €	-55.9%	62,3 k €	+5158%	1,2 k €	-86.6%	8,8 k €	-83.6%	53,9 k €	+167%	20,2 k €	+2.0%	19,8 k €	-39.5%	32,8 k €	-90.5%	344,3 k €	+1537%	21 k €	-56.9%	48,8 k €	-34.5%	74,5 k €	+397%	15 k €	+108%	7,2 k €	-98.7%	538,4 k €
Debts	18 M €	-5.5%	19,1 M €	-22.2%	24,5 M €	+19.2%	20,6 M €	+68.6%	12,2 M €	+9.8%	11,1 M €	+19.7%	9,3 M €	+34.4%	6,9 M €	+92.8%	3,6 M €	+77.0%	2 M €	-15.1%	2,4 M €	-39.1%	3,9 M €	+27.3%	3,1 M €	+26.9%	2,4 M €	+234%	725,2 k €	-97.7%	32,2 M €	-36.1%	50,3 M €	+65.7%	30,4 M €
Other
Workforce	1,5 ETP	0.0%	1,5 ETP	0.0%	1,5 ETP	-58.3%	3,6 ETP	-42.9%	6,3 ETP	-45.2%	11,5 ETP	-8.0%	12,5 ETP	-3.8%	13,0 ETP	-12.8%	14,9 ETP	-8.0%	16,2 ETP	-15.2%	19,1 ETP	+15.8%	16,5 ETP	-7.3%	17,8 ETP	-15.2%	21,0 ETP	+65.4%	12,7 ETP	+354%	2,8 ETP	+33.3%	2,1 ETP	-70.4%	7,1 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 25 M€ and 50 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 7 active · 61 ended

Active mandates

GPN INVEST

Director · since 25 septembre 2025 · until 22 septembre 2028 · 0473.611.210

Represented by Thomas Bouckaert

Active

David Vlerick

Director · since 25 septembre 2024 · until 22 septembre 2028

Active

Katrien Mattelaer

Director · since 25 septembre 2024 · until 22 septembre 2028

Active

SOCOFI

Director · since 25 septembre 2024 · until 22 septembre 2028 · 0431.283.279

Represented by Alain VERMEERSCH

Active

DAPITEX

Director · since 28 septembre 2022 · until 17 septembre 2025 · 0474.636.440

Represented by Pierre HANET

Active

Henri - Jean Velge

Director · since 28 septembre 2022 · until 17 septembre 2025

Active

Philippe Vlerick

Chairman of the board of directors · since 28 septembre 2022 · until 17 septembre 2025

Active

Ended mandates

David VLERICK

Director · since 29 septembre 2021 · until 21 septembre 2024

Ended

David VLERICK

Director · since 29 septembre 2021 · until 25 septembre 2024

Ended

GPN INVEST

Director · since 29 septembre 2021 · until 21 septembre 2024 · 0473.611.210

Represented by Thomas Bouckaert

Ended

GPN INVEST

Director · since 29 septembre 2021 · until 25 septembre 2024 · 0473.611.210

Represented by Thomas Bouckaert

Ended

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Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/04/2024	01/04/2023	01/04/2022	01/04/2021	01/04/2020	01/04/2019
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	31/03/2022	31/03/2021	31/03/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	13/10/2025	21/10/2024	31/10/2023	06/10/2022	21/10/2021	29/10/2020
General meeting	24/09/2025	25/09/2024	27/09/2023	28/09/2022	22/09/2021	23/09/2020
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

32 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/03/2025	24/09/2025	13/10/2025	Dutch	PDF
Full model	31/03/2024	25/09/2024	21/10/2024	Dutch	PDF
Full model	31/03/2023	27/09/2023	31/10/2023	Dutch	PDF
Full model	31/03/2022	28/09/2022	06/10/2022	Dutch	PDF
Full model	31/03/2021	22/09/2021	21/10/2021	Dutch	PDF
Full model	31/03/2020	23/09/2020	29/10/2020	Dutch	PDF
Full model	31/03/2019	25/09/2019	21/10/2019	Dutch	PDF
Consolidated accounts	31/03/2019	25/09/2019	21/10/2019	Dutch	PDF
Full model	31/03/2018	26/09/2018	22/10/2018	Dutch	PDF
Consolidated accounts	31/03/2018	26/09/2018	22/10/2018	Dutch	PDF
Full model	31/03/2017	26/09/2017	26/10/2017	Dutch	PDF
Consolidated accounts	31/03/2017	26/09/2017	26/10/2017	Dutch	PDF
Full model	31/03/2016	28/09/2016	19/10/2016	Dutch	PDF
Consolidated accounts	31/03/2016	01/01/9999	24/10/2016	Dutch	PDF
Full model	31/03/2015	23/09/2015	30/09/2015	Dutch	PDF
Consolidated accounts	31/03/2015	23/09/2015	30/09/2015	Dutch	PDF
Full model	31/03/2014	24/09/2014	29/09/2014	Dutch	PDF
Consolidated accounts	31/03/2014	24/09/2014	29/09/2014	Dutch	PDF
Full model	31/03/2013	25/09/2013	27/09/2013	Dutch	PDF
Consolidated accounts	31/03/2013	25/09/2013	27/09/2013	Dutch	PDF
Full model	31/03/2012	26/09/2012	29/10/2012	Dutch	PDF
Consolidated accounts	31/03/2012	26/09/2012	25/10/2012	Dutch	PDF
Full model	31/03/2011	28/09/2011	26/10/2011	Dutch	PDF
Consolidated accounts	31/03/2011	28/09/2011	26/10/2011	Dutch	PDF

View all 32 filings

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 25 M€ and 50 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 31/03/2025 · 7 active · 61 ended

Active mandates

GPN INVEST

Director · since 25 septembre 2025 · until 22 septembre 2028 · 0473.611.210

Represented by Thomas Bouckaert

Active

David Vlerick

Director · since 25 septembre 2024 · until 22 septembre 2028

Active

Katrien Mattelaer

Director · since 25 septembre 2024 · until 22 septembre 2028

Active

SOCOFI

Director · since 25 septembre 2024 · until 22 septembre 2028 · 0431.283.279

Represented by Alain VERMEERSCH

Active

DAPITEX

Director · since 28 septembre 2022 · until 17 septembre 2025 · 0474.636.440

Represented by Pierre HANET

Active

Henri - Jean Velge

Director · since 28 septembre 2022 · until 17 septembre 2025

Active

Philippe Vlerick

Chairman of the board of directors · since 28 septembre 2022 · until 17 septembre 2025

Active

Ended mandates

David VLERICK

Director · since 29 septembre 2021 · until 21 septembre 2024

Ended

David VLERICK

Director · since 29 septembre 2021 · until 25 septembre 2024

Ended

GPN INVEST

Director · since 29 septembre 2021 · until 21 septembre 2024 · 0473.611.210

Represented by Thomas Bouckaert

Ended

GPN INVEST

Director · since 29 septembre 2021 · until 25 septembre 2024 · 0473.611.210

Represented by Thomas Bouckaert

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates03/12/2025
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/01/2025
ONTSLAGEN - BENOEMINGEN
PDF
Other09/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates25/09/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/12/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/10/2020
ONTSLAGEN - BENOEMINGEN
PDF
Mandates14/11/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates23/10/2018
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

24/09/2025
reconductionPhilippe Vlerick — bestuurder
24/09/2025
reconductionDAPITEX NV — bestuurder
24/09/2025
reconductionHenri-Jean Velge — bestuurder
2025
Annual accounts 2025223,7 k €↑
25/09/2024
reconductionDavid Vlerick — bestuurder
25/09/2024
reconductionNV SOCOFI — bestuurder
25/09/2024
reconductionBV GPN Invest — bestuurder
25/09/2024
reconductionKatrien Mattelaer — bestuurder
2024
Annual accounts 2024-12,4 M €↓
27/09/2023
reconductionGrant Thornton Bedrijfsrevisoren BV — Commissaris
2023
Annual accounts 2023515,1 k €↑
28/09/2022
reconductionPhilippe Vlerick — bestuurder
28/09/2022
reconductionDAPITEX NV — bestuurder
28/09/2022
reconductionHenri-Jean Velge — bestuurder
2022
Annual accounts 2022-13,8 k €↑
2021
Annual accounts 2021-1,3 M €↓
2020
Annual accounts 2020-121,6 k €↑
2019
Annual accounts 2019-10,1 M €↓
2018
Annual accounts 2018666,1 k €↓
2017
Annual accounts 20171,7 M €↓
2016
Annual accounts 20165 M €↑
2014
Annual accounts 2014352,4 k €↑
2013
Annual accounts 2013-1,1 M €↓
2012
Annual accounts 20121,5 M €↑
2011
Annual accounts 2011-940,5 k €↓
2010
Annual accounts 201046,6 M €↑
2009
Annual accounts 2009-34,9 M €↓
2008
Annual accounts 2008-26 M €↓
2007
Annual accounts 20079,6 M €
20/05/1996
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

UCO

Overview

What does UCO do?

Trend over 18 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline