ACTIVE

USOCORE

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Financial year 2025 · closed on 31/12/2025

Net result

521,9 k €

-1.5% YoY

Gross margin

892,1 k €

+5.8% YoY

Equity

3,6 M €

+14.5% YoY

Workforce

2,2 ETP

0.0% YoY

What does USOCORE do?

USOCORE is a Public limited company incorporated in 2001. Its registered office is in Wijnegem. It employs on average 2,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0475.040.672

Incorporation

20/06/2001

Legal form

Public limited company

Registered office

Vosveld 15
2110 Wijnegem · FlandreSee on map

Contributed capital

62 000,00 €

Latest accounts

31/12/2025

Average workforce

2,2 ETP

Joint committees (4)

116
11600
207
20700

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 18 financial years

	2025		2024		2023		2022		2021		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	892,1 k €	+5.8%	843,1 k €	+34.8%	625,4 k €	-21.0%	792,2 k €	+6.0%	747,5 k €	+48.4%	503,7 k €	+30.7%	385,2 k €	-37.9%	619,9 k €	+20.5%	514,4 k €	-19.8%	641,5 k €	-0.8%	646,9 k €	+15.8%	558,5 k €	-29.5%	791,7 k €	+1.6%	778,9 k €	+36.8%	569,3 k €	-10.5%	636,1 k €	+16.8%	544,5 k €	+22.4%	444,8 k €
EBITDA	714,7 k €	+2.3%	698,7 k €	+45.3%	481 k €	-25.8%	648,3 k €	+6.4%	609,2 k €	+137%	257,2 k €	+72.7%	149 k €	-62.9%	401,4 k €	+43.0%	280,6 k €	-32.4%	415 k €	+4.3%	397,9 k €	+29.7%	306,7 k €	-45.7%	564,3 k €	-2.3%	577,5 k €	+47.0%	392,8 k €	+19.0%	330,1 k €	+96.3%	168,1 k €	-26.4%	228,3 k €
Operating result	691,8 k €	+0.6%	687,7 k €	+47.4%	466,4 k €	-23.0%	606 k €	+2.8%	589,7 k €	+151%	235,2 k €	+130%	102,4 k €	-70.6%	347,8 k €	+61.1%	215,9 k €	-37.4%	345 k €	+1.3%	340,4 k €	+70.6%	199,5 k €	-55.6%	449,8 k €	-1.5%	456,4 k €	+73.1%	263,6 k €	+6.7%	247,1 k €	+215%	78,5 k €	-46.1%	145,5 k €
Net result	521,9 k €	-1.5%	530 k €	+45.8%	363,5 k €	-19.6%	452,2 k €	+4.9%	431 k €	+127%	190,2 k €	+292%	48,5 k €	-75.4%	197,1 k €	+66.0%	118,8 k €	-43.3%	209,3 k €	+8.5%	193 k €	+73.3%	111,4 k €	-57.7%	263,1 k €	-0.3%	263,9 k €	+74.5%	151,2 k €	-4.7%	158,7 k €	+166%	59,7 k €	-29.4%	84,6 k €
Balance sheet
Equity	3,6 M €	+14.5%	3,2 M €	+16.7%	2,7 M €	+13.0%	2,4 M €	+11.8%	2,2 M €	+49.5%	1,4 M €	+15.2%	1,3 M €	+4.0%	1,2 M €	+19.5%	1 M €	+13.3%	891 k €	+27.0%	701,7 k €	+37.9%	508,8 k €	+28.0%	397,4 k €	-37.3%	634,3 k €	+71.3%	370,4 k €	+32.7%	279,1 k €	+16.1%	240,5 k €	-0.1%	240,7 k €
Total assets	4,5 M €	+5.0%	4,3 M €	+23.5%	3,5 M €	+6.4%	3,2 M €	+7.0%	3 M €	+26.0%	2,4 M €	+14.2%	2,1 M €	+1.1%	2,1 M €	+7.0%	2 M €	+4.2%	1,9 M €	+17.7%	1,6 M €	-2.3%	1,6 M €	-19.5%	2 M €	+7.7%	1,9 M €	+2.4%	1,8 M €	+25.8%	1,5 M €	-5.2%	1,5 M €	+9.0%	1,4 M €
Cash	1,4 M €	+30.5%	1,1 M €	+23.3%	881 k €	-36.1%	1,4 M €	-10.7%	1,5 M €	+75.8%	879 k €	+24.0%	709 k €	+34.1%	528,6 k €	+56.4%	338 k €	-15.0%	397,7 k €	+14.8%	346,3 k €	+7.3%	322,8 k €	-34.9%	496,1 k €	+2.5%	483,9 k €	+1.6%	476,3 k €	+42.7%	333,8 k €	+10.0%	303,4 k €	+19.9%	253,1 k €
Debts	544,2 k €	-31.2%	790,5 k €	+82.0%	434,3 k €	-19.2%	537,6 k €	-8.2%	585,4 k €	-13.2%	674,8 k €	+19.5%	564,9 k €	-4.5%	591,5 k €	-9.4%	652,7 k €	-5.9%	693,5 k €	+15.3%	601,4 k €	-27.7%	832,4 k €	-37.9%	1,3 M €	+36.3%	982,8 k €	-18.5%	1,2 M €	+28.0%	941,9 k €	-14.6%	1,1 M €	-1.4%	1,1 M €
Other
Workforce	2,2 ETP	0.0%	2,2 ETP	-4.3%	2,3 ETP	-20.7%	2,9 ETP	-9.4%	3,2 ETP	-27.3%	4,4 ETP	-8.3%	4,8 ETP	+9.1%	4,4 ETP	+25.7%	3,5 ETP	0.0%	3,5 ETP	-2.8%	3,6 ETP	+5.9%	3,4 ETP	-10.5%	3,8 ETP	+2.7%	3,7 ETP	+37.0%	2,7 ETP	-20.6%	3,4 ETP	-2.9%	3,5 ETP	-2.8%	3,6 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 20 ended

Active mandates

Michael Kurpershoek

Managing director · since 12 juin 2023 · until 12 juin 2029

Active

Saskia Kurpershoek

Managing director · since 12 juin 2023 · until 12 juin 2029

Active

Yvonne Akkerman

Director · since 12 juin 2023 · until 12 juin 2029

Active

Ended mandates

Michael Kurpershoek

Managing director · since 23 juillet 2019 · until 26 mai 2025

Ended

Saskia Kurpershoek

Director · since 23 juillet 2019 · until 26 mai 2025

Ended

Michael Kurpershoek

Managing director · since 27 mai 2019 · until 26 mai 2025

Ended

Yvonne Akkerman

Director · since 27 mai 2019 · until 26 mai 2025

Ended

At this address

Other companies at this address

Company	CBE no.
USOCO PROPERTIES● Active	0403.796.647

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/06/2026	30/06/2025	20/06/2024	19/06/2023	07/07/2022	30/06/2021
General meeting	26/05/2026	31/05/2025	27/05/2024	30/05/2023	20/06/2022	31/05/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	26/05/2026	24/06/2026	Dutch	PDF
Abridged model	31/12/2024	31/05/2025	30/06/2025	Dutch	PDF
Abridged model	31/12/2023	27/05/2024	20/06/2024	Dutch	PDF
Abridged model	31/12/2022	30/05/2023	19/06/2023	Dutch	PDF
Abridged model	31/12/2021	20/06/2022	07/07/2022	Dutch	PDF
Abridged model	31/12/2020	31/05/2021	30/06/2021	Dutch	PDF
Abridged model	31/12/2019	25/05/2020	16/06/2020	Dutch	PDF
Abridged model	31/12/2018	27/05/2019	02/07/2019	Dutch	PDF
Abridged model	31/12/2017	28/05/2018	18/06/2018	Dutch	PDF
Abridged model	31/12/2016	19/06/2017	11/07/2017	Dutch	PDF
Abridged model	31/12/2015	30/05/2016	30/06/2016	Dutch	PDF
Abridged model	31/12/2014	26/05/2015	26/06/2015	Dutch	PDF
Abridged model	31/12/2013	26/05/2014	11/07/2014	Dutch	PDF
Abridged model	31/12/2012	27/05/2013	25/06/2013	Dutch	PDF
Abridged model	31/12/2011	29/05/2012	27/06/2012	Dutch	PDF
Abridged model	31/12/2010	30/05/2011	27/06/2011	Dutch	PDF
Abridged model	31/12/2009	31/05/2010	18/06/2010	Dutch	PDF
Abridged model	31/12/2008	25/05/2009	24/06/2009	Dutch	PDF
Abridged model	31/12/2007	26/05/2008	23/06/2008	Dutch	PDF
Abridged model	31/12/2006	29/05/2007	26/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/12/2025 · 3 active · 20 ended

Active mandates

Michael Kurpershoek

Managing director · since 12 juin 2023 · until 12 juin 2029

Active

Saskia Kurpershoek

Managing director · since 12 juin 2023 · until 12 juin 2029

Active

Yvonne Akkerman

Director · since 12 juin 2023 · until 12 juin 2029

Active

Ended mandates

Michael Kurpershoek

Managing director · since 23 juillet 2019 · until 26 mai 2025

Ended

Saskia Kurpershoek

Director · since 23 juillet 2019 · until 26 mai 2025

Ended

Michael Kurpershoek

Managing director · since 27 mai 2019 · until 26 mai 2025

Ended

Yvonne Akkerman

Director · since 27 mai 2019 · until 26 mai 2025

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates16/06/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates01/08/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/07/2017
ONTSLAGEN - BENOEMINGEN
PDF
Mandates02/04/2015
ONTSLAGEN - BENOEMINGEN
PDF
Mandates03/05/2012
ONTSLAGEN - BENOEMINGEN
PDF
Other04/01/2011
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Other27/02/2009
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Mandates19/09/2007
BENAMING - 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

2025
Annual accounts 2025521,9 k €↓
2024
Annual accounts 2024530 k €↑
2023
Annual accounts 2023363,5 k €↓
2022
Annual accounts 2022452,2 k €↑
2021
Annual accounts 2021431 k €↑
2018
Annual accounts 2018190,2 k €↑
2017
Annual accounts 201748,5 k €↓
2016
Annual accounts 2016197,1 k €↑
2015
Annual accounts 2015118,8 k €↓
2014
Annual accounts 2014209,3 k €↑
2013
Annual accounts 2013193 k €↑
2012
Annual accounts 2012111,4 k €↓
2011
Annual accounts 2011263,1 k €↓
2010
Annual accounts 2010263,9 k €↑
2009
Annual accounts 2009151,2 k €↓
2008
Annual accounts 2008158,7 k €↑
2007
Annual accounts 200759,7 k €↓
2007
Name changeUSOCORE
2006
Annual accounts 200684,6 k €
2006
Name changeUSOCO
20/06/2001
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

USOCORE

Overview

What does USOCORE 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