USAPPS
ActiveSummary
USAPPS has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (€-6k) and a net result of €418. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 2699 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
Axes · tick = 2024
Profitability73▲+73
Solvency0=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.22 against 0.15 in 2024; short-term debt: 146% and cash: 0% of total assets), and equity is negative.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-46%
Return on assets
3.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 9% of 2699 sector peers (2025).
NBB · sector comparisonPosition among 2699 sector peers
Solvency
better than 9%
← weakest
strongest →
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 09-06-2026, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
52 d early
2024
55 d early
2023
34 d early
2022
4 d early
2021
30 d late
2020
32 d early
2019
2 d early
← before the deadline
after the deadline →
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
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€-6k▲ 6.2%
2024 · €-7k
2018: €-15klowest in 8 years
2019: €-4k▲ +73.5% vs 2018
2020: €-2k▲ +47.3% vs 2019
2021: €5k▲ +334% vs 2020
2022: €18k▲ +269% vs 2021highest in 8 years
2023: €7k▼ -59.5% vs 2022
2024: €-7k▼ -192% vs 2023
2025: €-6k▲ +6.2% vs 2024
2018 → 2025
Total assets
€14k▼ 19.2%
2024 · €17k
2018: €481lowest in 8 years
2019: €7k▲ +1459% vs 2018
2020: €19k▲ +155% vs 2019
2021: €24k▲ +25.1% vs 2020
2022: €27k▲ +11.9% vs 2021highest in 8 years
2023: €26k▼ -3.5% vs 2022
2024: €17k▼ -34.3% vs 2023
2025: €14k▼ -19.2% vs 2024
2018 → 2025
Net result
€418
2024 · €-14k
2018: €-63klowest in 8 years
2019: €11k▲ +117% vs 2018
2020: €2k▼ -82.9% vs 2019
2021: €7k▲ +272% vs 2020
2022: €13k▲ +88.4% vs 2021highest in 8 years
2023: €-11k▼ -182% vs 2022
2024: €-14k▼ -30.9% vs 2023
2025: €418▲ +103% vs 2024
2018 → 2025
Working capital
€-16k▲ 22.5%
2024 · €-20k
2018: €-15k
2019: €-9k▲ +42.1% vs 2018
2020: €-18k▼ -106% vs 2019
2021: €-18k▼ -0.4% vs 2020
2022: €-2k▲ +88.2% vs 2021highest in 8 years
2023: €-10k▼ -368% vs 2022
2024: €-20k▼ -97.8% vs 2023lowest in 8 years
2025: €-16k▲ +22.5% vs 2024
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€5k-€18k▲ 269%€7k▼ 59.5%€-7k€-6k▲ 6.2%
2021: €5k
2022: €18k▲ +269% vs 2021highest in 5 years
2023: €7k▼ -59.5% vs 2022
2024: €-7k▼ -192% vs 2023lowest in 5 years
2025: €-6k▲ +6.2% vs 2024
Operating result€8k-€14k▲ 70.3%€-11k€-13k▼ 22.4%€915
2021: €8k
2022: €14k▲ +70.3% vs 2021highest in 5 years
2023: €-11k▼ -174% vs 2022
2024: €-13k▼ -22.4% vs 2023lowest in 5 years
2025: €915▲ +107% vs 2024
Net result€7k-€13k▲ 88.4%€-11k€-14k▼ 30.9%€418
2021: €7k
2022: €13k▲ +88.4% vs 2021highest in 5 years
2023: €-11k▼ -182% vs 2022
2024: €-14k▼ -30.9% vs 2023lowest in 5 years
2025: €418▲ +103% vs 2024
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €915 after a loss of €13k in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €14k
Fixed assets
€9k ▼ 30.6%
Current assets
€4k ▲ 24.0%
Key figures and ratios
EBITDA
€10k▲
2024 · €-2k
Cash flow
€9k▲
2024 · €-3k
Solvency
-46.0%▼
2024 · -39.6%
Current ratio
0.22▲
2024 · 0.15
Debt to equity
-3.17▲
2024 · -3.52
ROA
3.1%▲
2024 · -82.8%
Interest coverage
19.39▲
2024 · -1.83
Debt
€20k▼
2024 · €24k
Debt ≤ 1 year
€20k▼
2024 · €24k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 41 lines
Balance sheet
Code20242025
Assets
Total assets20/58€17k€14k▼
Fixed assets21/28€13k€9k▼
Tangible fixed assets22/27€13k€9k▼
Plant, machinery and equipment23€12k€8k▼
Furniture and vehicles24€1k€1k▲
Financial fixed assets28€400€400=
Current assets29/58€4k€4k▲
Amounts receivable within one year40/41€3k€4k▲
Trade receivables40€2k€4k▲
Other amounts receivable41€707€179▼
Cash at bank and in hand54/58€0€0=
Deferred charges and accrued income490/1€403€403=
Equity and liabilities
Total equity and liabilities10/49€17k€14k▼
Equity10/15€-7k€-6k▲
Contributions10/11€69k€69k=
Reserves13€2k€2k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Profit (loss) carried forward14€-77k€-77k▲
Amounts payable17/49€24k€20k▼
Amounts payable within one year42/48€24k€20k▼
Financial debts43€5k€1k▼
Credit institutions430/8€5k€1k▼
Trade debts44€633€170▼
Suppliers440/4€633€170▼
Taxes, remuneration and social security45€37€4▼
Taxes450/3€37€4▼
Other amounts payable47/48€18k€19k▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€11k€9k▼
Other operating charges640/8€505€520▲
Gross operating margin9900€-2k€10k▲
Operating profit (loss)9901€-13k€915▲
Financial income75/76B-€0
Recurring financial income75-€0
Financial charges65/66B€1k€497▼
Recurring financial charges65€1k€497▼
Profit (loss) for the period before taxes9903€-14k€418▲
Profit (loss) for the period9904€-14k€418▲
Profit (loss) for the period to be appropriated9905€-14k€418▲
Appropriation of the result
Profit (loss) to be appropriated9906€-77k€-77k▲
Profit (loss) brought forward from the previous period14P€-63k€-77k▼
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €803 | €875 | - | - | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €9k | €9k | €11k | €9k | ▼ 18.9% |
| Other operating charges640/8 | €643 | €454 | €517 | €505 | €520 | ▲ 2.8% |
| Gross operating margin9900 | €12k | €24k | €-1k | €-2k | €10k | ▲ 727% |
| Operating profit (loss)9901 | €8k | €14k | €-11k | €-13k | €915 | ▲ 107% |
| Financial income75/76B | - | - | €135 | - | €0 | - |
| Recurring financial income75 | - | - | €135 | - | €0 | - |
| Financial charges65/66B | €1k | €1k | €347 | €1k | €497 | ▼ 57.2% |
| Recurring financial charges65 | €1k | €1k | €347 | €1k | €497 | ▼ 57.2% |
| Profit (loss) for the period before taxes9903 | €7k | €13k | €-11k | €-14k | €418 | ▲ 103% |
| Profit (loss) for the period9904 | €7k | €13k | €-11k | €-14k | €418 | ▲ 103% |
| Profit (loss) for the period to be appropriated9905 | €7k | €13k | €-11k | €-14k | €418 | ▲ 103% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €24k | €27k | €26k | €17k | €14k | ▼ 19.2% |
| Fixed assets21/28 | €23k | €20k | €18k | €13k | €9k | ▼ 30.6% |
| Tangible fixed assets22/27 | €23k | €20k | €17k | €13k | €9k | ▼ 31.5% |
| Plant, machinery and equipment23 | €23k | €20k | €15k | €12k | €8k | ▼ 35.0% |
| Furniture and vehicles24 | - | - | €2k | €1k | €1k | ▲ 5.4% |
| Financial fixed assets28 | €400 | €400 | €400 | €400 | €400 | = |
| Current assets29/58 | €592 | €7k | €8k | €4k | €4k | ▲ 24.0% |
| Amounts receivable within one year40/41 | €176 | €982 | €8k | €3k | €4k | ▲ 27.1% |
| Trade receivables40 | €81 | €42 | €8k | €2k | €4k | ▲ 57.0% |
| Other amounts receivable41 | €95 | €940 | €38 | €707 | €179 | ▼ 74.7% |
| Cash at bank and in hand54/58 | - | €6k | €0 | €0 | €0 | = |
| Deferred charges and accrued income490/1 | €416 | - | - | €403 | €403 | = |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €24k | €27k | €26k | €17k | €14k | ▼ 19.2% |
| Equity10/15 | €5k | €18k | €7k | €-7k | €-6k | ▲ 6.2% |
| Contributions10/11 | €69k | €69k | €69k | €69k | €69k | = |
| Reserves13 | €2k | €2k | €2k | €2k | €2k | = |
| Non-distributable reserves130/1 | €2k | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | €2k | €2k | €2k | €2k | €2k | = |
| Profit (loss) carried forward14 | €-66k | €-52k | €-63k | €-77k | €-77k | ▲ 0.5% |
| Amounts payable17/49 | €19k | €9k | €18k | €24k | €20k | ▼ 15.5% |
| Amounts payable within one year42/48 | €19k | €9k | €18k | €24k | €20k | ▼ 15.5% |
| Financial debts43 | €6k | - | €5k | €5k | €1k | ▼ 77.4% |
| Credit institutions430/8 | €6k | - | €5k | €5k | €1k | ▼ 77.4% |
| Trade debts44 | €7k | €4k | €13k | €633 | €170 | ▼ 73.2% |
| Suppliers440/4 | €7k | €4k | €13k | €633 | €170 | ▼ 73.2% |
| Taxes, remuneration and social security45 | - | - | - | €37 | €4 | ▼ 88.2% |
| Taxes450/3 | - | - | - | €37 | €4 | ▼ 88.2% |
| Other amounts payable47/48 | €6k | €4k | €440 | €18k | €19k | ▲ 3.1% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7k | €13k | €-11k | €-14k | €418 | ▲ 103% |
| + Depreciation and write-downs630 | €3k | €9k | €9k | €11k | €9k | ▼ 18.9% |
| Operating cash flow (approximation) | €10k | €22k | €-2k | €-3k | €9k | ▲ 378% |
| Investment in fixed assets (approximation) | - | €-6k | €-6k | €-7k | €-5k | ▲ 30.9% |
| Change in cash | - | - | €-6k | €0 | €0 | - |
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
09-06
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial
Back to profitnet €418
Net result €418 after 2 loss-making years.
06-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
27-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Highest result since 2018net €13k ▲88.4%
Operating result €14k, net result €13k, both a record.
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 30 days late
2021
29-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
29-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €11k
Net result €11k after one loss-making year.
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema · 24 days late
2017
28-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
Location & real-estate footprint
Registered office, Ravels · 1 establishment unit since 2001
Ground area
909 m²
Building footprint
139 m²
Volume, LiDAR
811 m³
Parcel 13033D0142/00L000, Flanders · tallest building 9.0 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
USAPPS
since 20012.100.377.127
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13033D0142/00L000 | Flanders | 909 m² | 1 · 139 m² | 9.0 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 16,879 companies in sector 62100 we hold annual accounts for 8,771. 3,712 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded13-07-2001
Fiscal year end31-12
Activities, NACEBEL 2025
62100Computer programming
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.