ACTIVE

Ustun group

Financial year 2024 · closed on 31/12/2024
Net result
28,8 k €
-1.5% YoY
Gross margin
162,7 k €
+218.5% YoY
Equity
68,1 k €
+73.4% YoY

What does Ustun group do?

Ustun group is a Private limited company incorporated in 2022. Its registered office is in Kortrijk.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0792.923.827
Incorporation
26/10/2022
Legal form
Private limited company
Registered office
Dumolinlaan(Kor) 1 box 13
8500 Kortrijk · FlandreSee on map
Contributed capital
10 000,00 €
Latest accounts
31/12/2024
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
Health score
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Recommended credit limit
✦ Verdict · Analyst summary
Financials

Trend over 2 financial years

20242023
Income statement
Gross margin162,7 k €51,1 k €
EBITDA64,6 k €49,8 k €
Operating result45,8 k €43,5 k €
Net result28,8 k €29,3 k €
Balance sheet
Equity68,1 k €39,3 k €
Total assets154,9 k €150,4 k €
Cash5,6 k €23 k €
Debts86,9 k €111,2 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2023 · 1 active

Active mandates

Ali Ustün

Mandate

Active
At this address

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Annual accounts

Full financial information

20242023
Type of accountMicro modelMicro model
Start of the financial year01/01/202426/10/2022
Closing of the financial year31/12/202431/12/2023
Length of the financial year12 months15 months
Filing date04/09/202518/06/2024
General meeting16/06/202517/06/2024
Currency of the financial yearEUREUR
NBB quality labelSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

2 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202416/06/202504/09/2025DutchPDF
Micro model31/12/202317/06/202418/06/2024DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

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 31/12/2023 · 1 active

Active mandates

Ali Ustün

Mandate

Active
Shareholders

Ownership and network

Looking for more information about this company?

Try for 7 days
Belgian Official Gazette

Belgian Official Gazette publications

  • Registered office11/12/2025
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Other28/10/2022
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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. 2024
    Annual accounts 202428,8 k €
  2. 2023
    Annual accounts 202329,3 k €
  3. 26/10/2022
    IncorporationPrivate limited company