U-STORAGE
Dissolution or liquidationSummary
The KBO register records for U-STORAGE the legal situation: dissolution or liquidation; this is today's state according to the register itself, which carries no start date. The 2025 annual accounts show negative equity (-€23.6m) and a net result of €28,433.
Are you a creditor?
Judicial reorganisation
Source: Belgian Official Gazette
Your claim still exists, but while the moratorium runs you cannot enforce it. What you do now depends on the track of the reorganisation.
The procedure
- Court
- Enterprise Court of Ghent, Ghent division
- Opened
- 8 October 2019
- Track
- Reorganisation by collective agreement
- Docket number
- 20190019
- Moratorium until
- 9 March 2020 (passed; an extension would be in a later judgment)
- Delegated judge
- Bertil Reunis
- Official Gazette
- 15-10-2019 (pdf) ↗search the document for 2019/151652
What to do now
- Do not attach assets or start enforcement for debts from before the opening while the moratorium runs.
- Check the amount the company lists you for: it has to tell you. If it is wrong, dispute it in writing.
- The company files a reorganisation plan and creditors vote on it at a hearing. A plan approved and confirmed by the court also binds those who voted against.
- What you deliver after the opening is not covered by the moratorium: agree clear payment terms.
- The file is in RegSol, where you can read the documents of the procedure.
Deadlines: the judgment sets how long the moratorium runs. That date is in RegSol and in the publication in the Official Gazette. The date of the vote on the plan is in the judgment and in RegSol.
View the file in RegSol ↗
Watch
Follow this reorganisation: you are alerted to an extension, the court's approval, the closure or a bankruptcy.
General information, not legal advice. If in doubt, your lawyer or your accountant can help.Creditor guide for this company
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Signals
Four signals. The signal on the left, the evidence on the right.
+raises risk○neutral
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 5% of 3241 sector peers (2025).
NBB · sector comparisonPosition among 3241 sector peers
Solvency
better than 5%
← weakest
strongest →
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 22-09-2026, 53 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
53 d late
2024
26 d late
2023
29 d late
2022
288 d late
2021
281 d late
2020
376 d late
2019
382 d late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 205 days after the deadline; the sector median for financial year 2024 is 9 days before the deadline, and 32% of the sector filed late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
Go further with this company
What should you check before you do business with this company?Supplier due diligence What held for this company on a given day: board, seat, name?Company as of a date Is the registered address a letterbox address or a business centre?Addresses Are there other customers at risk in your own list?List enrichment How is the Business and other management consultancy sector doing?Sector figures
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, full schema
Turnover
€82,504▲ 109%
2020 · €39,500
EBIT margin
94.3%▲ 11536.0pp
2020 · -11441.8%
Net result
€28,433
2024 · -€22,547
Working capital
-€20.8m▲ 0.3%
2024 · -€20.8m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Turnover€82,504▲ 109%
Operating result€77,771-€6,922-€2,789▲ 59.7%-€23,033▼ 726%€58,236
Net result€156,939within the sector's middle half-€6,903below the sector's middle half-€2,842below the sector's middle half▲ 58.8%-€22,547below the sector's middle half▼ 693%€28,433within the sector's middle half
EBIT margin94.3%▲ 11536.0pp
Equity-€23.6mbelow the sector's middle half▲ 0.7%-€23.6mbelow the sector's middle half=-€23.6mbelow the sector's middle half=-€23.7mbelow the sector's middle half▼ 0.1%-€23.6mbelow the sector's middle half▲ 0.1%
Total assets€1.2mwithin the sector's middle half▼ 18.9%€1.4mwithin the sector's middle half▲ 20.6%€1.4mwithin the sector's middle half▼ 0.2%€1.3mwithin the sector's middle half▼ 8.8%€1.1mwithin the sector's middle half▼ 18.2%
Debt€24.8m▼ 1.7%€25.1m▲ 1.0%€25.1m=€25.0m▼ 0.4%€24.7m▼ 1.1%
Working capital-€20.8mbelow the sector's middle half▲ 0.9%-€20.8mbelow the sector's middle half=-€20.8mbelow the sector's middle half=-€20.8mbelow the sector's middle half▼ 0.1%-€20.8mbelow the sector's middle half▲ 0.3%
Solvency
Current ratio0.05below the sector's middle half▼ 0.010.06below the sector's middle half▲ 0.010.06below the sector's middle half=0.06below the sector's middle half▼ 0.010.05below the sector's middle half▼ 0.01
Return on assets (ROA)13.2%above the sector's middle half▲ 260.0pp-0.5%below the sector's middle half▼ 13.7pp-0.2%below the sector's middle half▲ 0.3pp-1.7%below the sector's middle half▼ 1.5pp2.7%within the sector's middle half▲ 4.4pp
Staff (FTE)0below the sector's middle half0within the sector's middle half0within the sector's middle half0below the sector's middle half
above
within
below
the middle half (P25 to P75) of NACE 70, Activities of head offices; management consultancy activities, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €58,236 after a loss of €23,033 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.1m
Fixed assets
€50,000 ▼ 37.5%
Current assets
€1.0m ▼ 16.9%
Key figures and ratios
Debt to equity
-1.05▲
2024 · -1.06
Debt ≤ 1 year
€21.8m▼
2024 · €22.1m
Debt > 1 year
€2.9m=
2024 · €2.9m
A ratio outside any meaningful range has been withheld (balance sheet total €1.1m, equity -€23.6m).
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Operating income70/76A | €142,224 | - | - | - | - | - |
| Turnover70 | €82,504 | - | - | - | - | - |
| Non-recurring operating income76A | €59,720 | €0 | - | - | - | - |
| Operating charges60/66A | €64,453 | - | - | - | - | - |
| Services and other goods61 | €25,956 | - | - | - | - | - |
| Other operating charges640/8 | €156 | €1,521 | €0 | €85 | €0 | ▼ 100% |
| Non-recurring operating charges66A | €38,341 | €0 | - | - | - | - |
| Gross operating margin9900 | - | -€5,401 | -€2,789 | -€22,947 | €58,236 | ▲ 354% |
| Operating profit (loss)9901 | €77,771 | -€6,922 | -€2,789 | -€23,033 | €58,236 | ▲ 353% |
| Financial income75/76B | €1.2m | €71 | €0 | €485 | €265 | ▼ 45.4% |
| Recurring financial income75 | €1.2m | €71 | €0 | €485 | €265 | ▼ 45.4% |
| Income from financial fixed assets750 | €0 | - | - | - | - | - |
| Income from current assets751 | €1.2m | - | - | - | - | - |
| Non-recurring financial income76B | €0 | - | - | - | - | - |
| Financial charges65/66B | €1.1m | €53 | €53 | €0 | €30,069 | - |
| Recurring financial charges65 | €1.1m | €53 | €53 | €0 | €69 | - |
| Debt charges650 | €0 | - | - | - | - | - |
| Other financial charges652/9 | €1.1m | - | - | - | - | - |
| Non-recurring financial charges66B | - | - | - | - | €30,000 | - |
| Profit (loss) for the period before taxes9903 | €156,939 | -€6,903 | -€2,842 | -€22,547 | €28,433 | ▲ 226% |
| Profit (loss) for the period9904 | €156,939 | -€6,903 | -€2,842 | -€22,547 | €28,433 | ▲ 226% |
| Profit (loss) for the period to be appropriated9905 | €156,939 | -€6,903 | -€2,842 | -€22,547 | €28,433 | ▲ 226% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.2m | €1.4m | €1.4m | €1.3m | €1.1m | ▼ 18.2% |
| Fixed assets21/28 | €80,000 | €80,000 | €80,000 | €80,000 | €50,000 | ▼ 37.5% |
| Financial fixed assets28 | €80,000 | €80,000 | €80,000 | €80,000 | €50,000 | ▼ 37.5% |
| Affiliated companies280/1 | €80,000 | - | - | - | - | - |
| Participating interests280 | €80,000 | - | - | - | - | - |
| Other financial fixed assets284/8 | €0 | - | - | - | - | - |
| Amounts receivable and cash guarantees285/8 | €0 | - | - | - | - | - |
| Current assets29/58 | €1.1m | €1.4m | €1.4m | €1.2m | €1.0m | ▼ 16.9% |
| Amounts receivable within one year40/41 | €1.1m | €1.1m | €1.1m | €973,135 | €941,593 | ▼ 3.2% |
| Trade receivables40 | €0 | - | - | - | - | - |
| Other amounts receivable41 | €1.1m | €1.1m | €1.1m | €973,135 | €941,593 | ▼ 3.2% |
| Cash at bank and in hand54/58 | €41,338 | €285,596 | €283,072 | €254,606 | €78,263 | ▼ 69.3% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.2m | €1.4m | €1.4m | €1.3m | €1.1m | ▼ 18.2% |
| Equity10/15 | -€23.6m | -€23.6m | -€23.6m | -€23.7m | -€23.6m | ▲ 0.1% |
| Contributions10/11 | €3.7m | €3.7m | €3.7m | €3.7m | €3.7m | = |
| Capital10 | €3.7m | €3.7m | €3.7m | €3.7m | €3.7m | = |
| Issued capital100 | €3.7m | €3.7m | €3.7m | €3.7m | €3.7m | = |
| Reserves13 | €2.6m | €2.6m | €2.6m | €2.6m | €2.6m | = |
| Non-distributable reserves130/1 | €134,599 | €134,599 | €134,599 | €134,599 | €134,599 | = |
| Legal reserve130 | €134,599 | €134,599 | €134,599 | €134,599 | €134,599 | = |
| Tax-exempt reserves132 | €626,560 | €626,560 | €626,560 | €626,560 | €626,560 | = |
| Distributable reserves133 | €1.9m | €1.9m | €1.9m | €1.9m | €1.9m | = |
| Profit (loss) carried forward14 | -€29.9m | -€29.9m | -€29.9m | -€30.0m | -€29.9m | ▲ 0.1% |
| Amounts payable17/49 | €24.8m | €25.1m | €25.1m | €25.0m | €24.7m | ▼ 1.1% |
| Amounts payable after more than one year17 | €2.9m | €2.9m | €2.9m | €2.9m | €2.9m | = |
| Financial debts170/4 | €2.9m | €2.9m | €2.9m | €2.9m | €2.9m | = |
| Other loans174 | €2.9m | - | - | - | - | - |
| Amounts payable within one year42/48 | €21.9m | €22.2m | €22.2m | €22.1m | €21.8m | ▼ 1.2% |
| Current portion of amounts payable after more than one year42 | - | €622,607 | €622,607 | €622,607 | €622,607 | = |
| Financial debts43 | €5.6m | €5.2m | €5.2m | €5.1m | €4.8m | ▼ 5.2% |
| Credit institutions430/8 | €5.6m | €5.2m | €5.2m | €5.1m | €4.8m | ▼ 5.2% |
| Trade debts44 | €16.0m | €16.1m | €16.1m | €16.1m | €16.1m | = |
| Suppliers440/4 | €16.0m | €16.1m | €16.1m | €16.1m | €16.1m | = |
| Taxes, remuneration and social security45 | €129,928 | €129,928 | €129,928 | €129,928 | €129,928 | = |
| Taxes450/3 | €107,910 | €107,910 | €107,910 | €107,910 | €107,910 | = |
| Remuneration and social security454/9 | €22,018 | €22,018 | €22,018 | €22,018 | €22,018 | = |
| Other amounts payable47/48 | €195,984 | €195,984 | €195,984 | €172,257 | €172,257 | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €156,939 | -€6,903 | -€2,842 | -€22,547 | €28,433 | ▲ 226% |
| Operating cash flow (approximation) | €156,939 | -€6,903 | -€2,842 | -€22,547 | €28,433 | ▲ 226% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €30,000 | - |
| Change in cash | - | €244,258 | -€2,523 | -€28,467 | -€176,342 | ▼ 519% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
22-09
NBB filing
Annual accounts filed
fiscal year 2025 · full schema · 53 days late
2025
31-12
Financial
Back to profitnet €28,433
Net result €28,433 after 3 loss-making years.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema · 26 days late
2024
29-08
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 29 days late
14-05
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema · 288 days late
2023
08-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema · 281 days late
2022
11-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 376 days late
2021
31-12
Financial
Back to profitnet €156,939
Net result €156,939 after 3 loss-making years.
17-08
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 382 days late
2019
31-12
Financial
Weakest financial yearnet -€13.6m
Net result drops to -€13.6m, the lowest in the series.
15-10
Judicial reorganisation
Extension
Ondernemingsrechtbank Gent, afdeling Gent · collective agreement · event 08-10-2019
19-07
Judicial reorganisation
Transfer under judicial authority
Ondernemingsrechtbank Gent · court-supervised transfer
Show earlier events
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
08-05
State Gazette act
General meeting · Director resignation
Director appointment · Permanent representative
16-04
Judicial reorganisation
Opening
Ondernemingsrechtbank Gent · collective agreement · event 09-04-2019
2018
29-06
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
SignalFinancial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 21 acts read
About the unread acts
We know of 21 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
21 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Gent · 1 establishment unit since 2009
Ground area
5,389 m²
Building footprint
1,182 m²
Volume, LiDAR
9,730 m³
2 parcels, Flanders · tallest building 19.2 m, ±5 floors. Linked by address, not a title deed.
11
companies at this address
See who is registered here
1 establishment unit
Upgrade Energy
since 20092.178.489.841
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44017D0595/02C000 | Flanders | 5,178 m² | 1 · 1,097 m² | 11.1 m · 3 fl. |
| 44808H0001/00M022 | Flanders | 211 m² | 1 · 84 m² | 19.2 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Owners and holdings
1 ownerOwners 1
-
35.71%
Holdings 0
No holding stated in the accounts, acts or LEI register we read.
According to the annual accounts of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Recognitions · licences · registrations
Legal Entity Identifier
549300VEUD60RJC92671
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Of 82,646 companies in sector 70200 we hold annual accounts for 52,627. 10,822 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded27-02-2009
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
73300Public relations and communication consultancy
82990Other business support services
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
Register as of 29 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.