URSA BENELUX
ActiveSummary
URSA BENELUX has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €71.7m and a net result of €7.3m. Equity has been growing by about 9.6% per year since 2018. Its solvency ranks better than 82% of 365 sector peers (NACE 23, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Overview
Official details
Source: KBO- Status
- Active since 06-06-1989 Normal situation
- Activity
- Manufacture of other non-metallic mineral products NACE 23140
- Joint committees
- 115 Paritair Comité voor het glasbedrijf
- 200 Aanvullend Paritair Comité voor de bedienden · annual accounts 2025
- Establishment unit
- 2.043.812.863 8792 Waregem, since 06-11-1997
- Financial year end
- 31 December
- Peppol
- Reachable since 19-11-2025
Board and ownership
- Slos KoenDirector · since 11-02-2016
- A@A CONSULT LTDDirector · since 01-06-2022 · permanent representative André Van Duerm
- Auditor
- BV PwC Bedrijfsrevisoren
- Uralita Holding BV100%annual accounts 2025
- Etex NVconsolidatesannual accounts 2025
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.2%
- Turnover
- €97.1m
- ▲ 5.6%
- Profit
- €7.3m
- ▼ 27.5%
- Equity
- €71.7m
- ▼ 0.9%
- Total assets
- €94.9m
- ▲ 5.1%
- Employees on 31-12-2025
- 178
- ▼ 1.7%
- 2025 accounts filed 55 days after the deadline
Score breakdownraises riskLiquidity: current ratio 1.42, cash €1,850, halvedLast filed accounts filed 55 days late; 1 of the last 3 accounts latelowers riskFounded in 1989Size: turnover €97.1m, 179.5 FTE, total assets €94.9mShow the evidence
Checked score
About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
Calculation
The band follows from the bankruptcy probability. 10 more points roughly halve it.
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 23, medium-sized). It does better than 95% of them on solvency, 50% on liquidity, 87% on profitability and 52% on growth.
The bankruptcy probability was computed on 01-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).
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Signals
The company filed its last 7 accounts on average 33 days before the deadline. In the sector (NACE 23), the median for financial year 2024 was 10 days before the deadline, and 34% of those companies filed late.
Searched, nothing found (2)
Key points
- Positive: Largest company by total assets in West Flanders, Non-metallic mineral products sectorin the Checked rankings No. 1 View
- Positive: 8 profitable years in a rowprofit 2025: €7.3m 8 years View
- Flemish supportawarded from 2022 to 2025 €6.8m View
- Caution: Result fell in 2025from €10.1m to €7.3m ▼ 27.5% View
Recent changes
- · Gazette deed Permanent representatives: Sofie Van Grieken and Peter Van den EyndeAppointment: PwC Bedrijfsrevisoren BV (statutory auditor)
- · Gazette deed Appointment: BV PwC Bedrijfsrevisoren (statutory auditor)
- · Gazette deed Resignation: A @ A Consul Luxembourg S.à r.l. (director)Permanent representative: André Van Duerm · Appointment: A@A CONSULT LTD (director)
Comparable companies
These companies have the same main activity as URSA BENELUX: manufacture of other non-metallic mineral products (NACE 23140). They are comparable in size and age: total assets between €116m and €245m, founded in 1999.
| Company | Total assets | Turnover |
|---|---|---|
| URSA BENELUX Waregem | €94.9m | €97.1m |
| 3B-FIBREGLASS Herve | €115.9m | €182.0m |
| KNAUF INSULATION Visé | €244.6m | €186.2m |
Key facts about URSA BENELUX
- What is the company number of URSA BENELUX?
- The company number of URSA BENELUX is 0437.667.661. The VAT number is the same number with BE in front: BE 0437.667.661.
- Where is URSA BENELUX based?
- The registered office is at Pitantiestraat 127, 8792 Waregem.Company details
- What does URSA BENELUX do?
- According to the KBO register, the main activity is manufacture of other non-metallic mineral products (NACE 23140).
- What is the legal form of URSA BENELUX?
- The legal form of URSA BENELUX is Private limited company (BV).
- When was URSA BENELUX founded?
- URSA BENELUX was founded on 06-06-1989.
- Is URSA BENELUX still active?
- Yes, URSA BENELUX is an active enterprise in the KBO register.
- How many employees does URSA BENELUX have?
- URSA BENELUX had an average of 179.5 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does URSA BENELUX fall under?
- In its 2025 annual accounts, URSA BENELUX states joint committees 115 (Paritair Comité voor het glasbedrijf) and 200 (Aanvullend Paritair Comité voor de bedienden).
- What is the turnover of URSA BENELUX?
- The turnover of URSA BENELUX was €97.1m in financial year 2025, according to the filed annual accounts.
- Is URSA BENELUX profitable?
- In financial year 2025, URSA BENELUX made a profit of €7.3m.
- Where can I find the annual accounts of URSA BENELUX?
- URSA BENELUX filed 37 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of URSA BENELUX due?
- URSA BENELUX must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
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