ACTIVE

URSA

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Financial year 2025 · closed on 31/03/2025

Net result

763,3 k €

-36.2% YoY

Gross margin

2,2 M €

+8.7% YoY

Equity

6,6 M €

+13.3% YoY

Workforce

1,6 ETP

+14.3% YoY

What does URSA do?

URSA is a Public limited company incorporated in 2003. Its main activity is: Development of building projects. Its registered office is in Roeselare. It employs on average 1,6 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0480.327.964

Incorporation

27/05/2003

Legal form

Public limited company

Registered office

Sint-Michielsstraat 32
8800 Roeselare · FlandreSee on map

Contributed capital

62 400,00 €

Latest accounts

31/03/2025

Average workforce

1,6 ETP

Activities (NACE)

41101Development of building projects· main 56101Restaurants and mobile food service activities 56111Restaurants and mobile food service activities 68121Buying and selling of own real estate 70111Activities of head offices 56101Restaurants and mobile food service activities+1

Joint committees (1)

Contacts

2 public details availableLog in to view

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2024		2023		2021		2020		2019		2018		2017		2015		2014		2013		2012		2011		2010		2008		2007		2006
Income statement
Gross margin	2,2 M €	+8.7%	2,1 M €	-4.3%	2,2 M €	+106%	1 M €	+130%	454,8 k €	-49.5%	900,7 k €	-42.3%	1,6 M €	-1.4%	1,6 M €		–		–		–		971,8 k €	-50.5%	2 M €	+149%	790,4 k €	-10.7%	884,9 k €	+22.6%	721,8 k €	+216%	228,5 k €
EBITDA	2,1 M €	+4.9%	2 M €	+0.3%	2 M €	+119%	908,5 k €	+132%	390,7 k €	-50.2%	784,7 k €	-24.5%	1 M €	+4.5%	994 k €	-12.1%	1,1 M €	-4.5%	1,2 M €	+38.0%	857,7 k €	-6.9%	921,4 k €	-44.1%	1,6 M €	+166%	618,5 k €	+10.4%	560,3 k €	-7.0%	602,8 k €	+223%	186,8 k €
Operating result	1,1 M €	-34.1%	1,7 M €	+12.5%	1,5 M €	+286%	400,1 k €	+327%	-176,5 k €	-199%	178,7 k €	-57.6%	421,9 k €	+11.9%	377,1 k €	-23.0%	489,9 k €	-9.6%	541,8 k €	+132%	233,6 k €	-26.8%	319 k €	-77.5%	1,4 M €	+2206%	-67,4 k €	-113%	537,7 k €	-10.2%	599,1 k €	+224%	184,6 k €
Net result	763,3 k €	-36.2%	1,2 M €	+340%	271,9 k €	+718%	33,2 k €	-74.9%	132,4 k €	+155%	-239,5 k €	-374%	87,4 k €	-94.4%	1,6 M €	+2407%	62,7 k €	-56.0%	142,5 k €	+405%	-46,7 k €	-135%	133,4 k €	-89.2%	1,2 M €	+290%	-647,2 k €	-1928%	35,4 k €	-93.7%	558,6 k €	+195%	-589,4 k €
Balance sheet
Equity	6,6 M €	+13.3%	5,8 M €	+25.9%	4,6 M €	+6.3%	4,3 M €	+0.8%	4,3 M €	+3.2%	4,2 M €	-5.4%	4,4 M €	+2.0%	4,3 M €	+57.0%	2,8 M €	+2.3%	2,7 M €	+5.6%	2,6 M €	-1.8%	2,6 M €	+5.4%	2,5 M €	+99.6%	1,2 M €	-34.4%	1,9 M €	+1.9%	1,8 M €	+43.3%	1,3 M €
Total assets	29,2 M €	+59.8%	18,3 M €	+5.2%	17,4 M €	-13.8%	20,1 M €	-5.7%	21,4 M €	-2.2%	21,8 M €	+0.6%	21,7 M €	-2.2%	22,2 M €	+31.7%	16,9 M €	+3.0%	16,4 M €	+4.6%	15,6 M €	-6.8%	16,8 M €	+12.8%	14,9 M €	+2.6%	14,5 M €	+204%	4,8 M €	+8.3%	4,4 M €	+0.5%	4,4 M €
Cash	531,8 k €	+2.2%	520,4 k €	+102%	258 k €	-75.9%	1,1 M €	-39.9%	1,8 M €	-5.6%	1,9 M €	-23.6%	2,5 M €	+136%	1 M €	-47.1%	2 M €	+8.2%	1,8 M €	+39.5%	1,3 M €	-45.5%	2,4 M €	+458%	431,5 k €	+181%	153,7 k €	+66.4%	92,4 k €	-71.5%	324,1 k €	+692%	40,9 k €
Debts	22,2 M €	+80.3%	12,3 M €	-2.2%	12,6 M €	-19.1%	15,6 M €	-7.7%	16,9 M €	-3.5%	17,5 M €	+1.9%	17,1 M €	-3.2%	17,7 M €	+27.5%	13,9 M €	+2.8%	13,5 M €	+4.2%	12,9 M €	-5.3%	13,7 M €	+14.2%	12 M €	-7.5%	12,9 M €	+404%	2,6 M €	+4.5%	2,5 M €	-17.5%	3 M €
Other
Workforce	1,6 ETP	+14.3%	1,4 ETP	-33.3%	2,1 ETP	-30.0%	3,0 ETP	+66.7%	1,8 ETP	+28.6%	1,4 ETP	+7.7%	1,3 ETP	-27.8%	1,8 ETP	+80.0%	1,0 ETP	0.0%	1,0 ETP	0.0%	1,0 ETP		–		–		–		–		–		–

Estimate

Indicative valuation

As an indication, this company is worth

between 10 M€ and 25 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 9 ended

Active mandates

An VAN HEMELDONCK

Director · since 03 mai 2021 · until 25 septembre 2027

Active

Francis VERSTRAETE

Managing director · since 03 mai 2021 · until 25 septembre 2027

Active

Ended mandates

An VAN HEMELDONCK

Director · since 03 mai 2021 · until 03 mai 2027

Ended

Francis VERSTRAETE

Managing director · since 03 mai 2021 · until 03 mai 2027

Ended

An VAN HEMELDONCK

Director · since 02 mai 2015 · until 03 mai 2021

Ended

Francis VERSTRAETE

Managing director · since 02 mai 2015 · until 03 mai 2021

Ended

At this address

Other companies at this address

Company	CBE no.
CONSCIS● Active	0479.683.410
F.L. Verstraete● Active	0889.997.170
FRANMAN● Active	0677.438.003
GRONDIG● Active	0874.838.545
REGENBOOG ROESELARE● Active	0818.277.152

Annual accounts

Full financial information

	2025	2024	2023	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/04/2024	01/04/2023	01/12/2021	01/12/2020	01/12/2019	01/12/2018
Closing of the financial year	31/03/2025	31/03/2024	31/03/2023	30/11/2021	30/11/2020	30/11/2019
Length of the financial year	12 months	12 months	16 months	12 months	12 months	12 months
Filing date	06/11/2025	30/09/2024	09/11/2023	30/06/2022	30/06/2021	29/06/2020
General meeting	31/10/2025	14/09/2024	30/09/2023	07/05/2022	03/05/2021	02/05/2020
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

18 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/03/2025	31/10/2025	06/11/2025	Dutch	PDF
Abridged model	31/03/2024	14/09/2024	30/09/2024	Dutch	PDF
Abridged model	31/03/2023	30/09/2023	09/11/2023	Dutch	PDF
Abridged model	30/11/2021	07/05/2022	30/06/2022	Dutch	PDF
Abridged model	30/11/2020	03/05/2021	30/06/2021	Dutch	PDF
Abridged model	30/11/2019	02/05/2020	29/06/2020	Dutch	PDF
Abridged model	30/11/2018	04/05/2019	03/07/2019	Dutch	PDF
Abridged model	30/11/2017	19/05/2018	20/06/2018	Dutch	PDF
Abridged model	30/11/2016	06/05/2017	29/06/2017	Dutch	PDF
Full model	30/11/2015	07/05/2016	30/05/2016	Dutch	PDF
Full model	30/11/2014	02/05/2015	31/07/2015	Dutch	PDF
Full model	30/11/2013	03/05/2014	16/07/2014	Dutch	PDF
Abridged model	30/11/2012	04/05/2013	27/06/2013	Dutch	PDF
Abridged model	30/11/2011	05/05/2012	29/06/2012	Dutch	PDF
Abridged model	30/11/2010	07/05/2011	29/07/2011	Dutch	PDF
Abridged model	31/12/2008	19/06/2009	31/08/2009	Dutch	PDF
Abridged model	31/12/2007	20/06/2008	29/08/2008	Dutch	PDF
Abridged model	31/12/2006	15/06/2007	28/08/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 10 M€ and 25 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 · 2 active · 9 ended

Active mandates

An VAN HEMELDONCK

Director · since 03 mai 2021 · until 25 septembre 2027

Active

Francis VERSTRAETE

Managing director · since 03 mai 2021 · until 25 septembre 2027

Active

Ended mandates

An VAN HEMELDONCK

Director · since 03 mai 2021 · until 03 mai 2027

Ended

Francis VERSTRAETE

Managing director · since 03 mai 2021 · until 03 mai 2027

Ended

An VAN HEMELDONCK

Director · since 02 mai 2015 · until 03 mai 2021

Ended

Francis VERSTRAETE

Managing director · since 02 mai 2015 · until 03 mai 2021

Ended

Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Restructuring04/03/2025
KAPITAAL - AANDELEN - RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring11/10/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Restructuring11/10/2024
RUBRIEK HERSTRUCTURERING (FUSIE, SPLITSING, OVERDRACHT VERMOGEN, ENZ...)
PDF
Other07/12/2022
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates01/09/2021
ONTSLAGEN - BENOEMINGEN
PDF
Mandates26/08/2015
ONTSLAGEN - BENOEMINGEN
PDF
Registered office29/10/2012
MAATSCHAPPELIJKE ZETEL
PDF
Other20/01/2010
NV: wijziging datum afsluiting boekjaar — wijziging datum jaarvergadering —
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 2025763,3 k €↓
2024
Annual accounts 20241,2 M €↑
2023
Annual accounts 2023271,9 k €↑
2021
Annual accounts 202133,2 k €↓
2020
Annual accounts 2020132,4 k €↑
2019
Annual accounts 2019-239,5 k €↓
2018
Annual accounts 201887,4 k €↓
2017
Annual accounts 20171,6 M €↑
2015
Annual accounts 201562,7 k €↓
2014
Annual accounts 2014142,5 k €↑
2013
Annual accounts 2013-46,7 k €↓
2012
Annual accounts 2012133,4 k €↓
2011
Annual accounts 20111,2 M €↑
2010
Annual accounts 2010-647,2 k €↓
2008
Annual accounts 200835,4 k €↓
2007
Annual accounts 2007558,6 k €↑
2006
Annual accounts 2006-589,4 k €
27/05/2003
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

URSA

Overview

What does URSA do?

Trend over 17 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