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USCIAPA

Active
Public limited companyfounded 200026 years activeFloréallaan 3, 1180 Ukkel, BelgiumKBO/BCE: BE 0470.507.012
Summary

The computed 12-month bankruptcy probability of USCIAPA is 2.0% (moderate). The 2025 annual accounts show negative equity (-€459,326) and a net result of -€8,003. Equity remains stable across the filed fiscal years (±1.1% per year). The company has been active since 2000 and the Belgian State Gazette contains no insolvency or warning signals.

Overview

Activity
Activity not known
Size
€103,226total assets 2025
Equity
-€459,326
Loss
-€8,003
Turnover not published (abridged or micro schema)
Financial health
52 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
2.0%
Structure
Accounts filed 31 days late0 of 1 deed read
Why 52raises riskLiquidity: current ratio 0.02, cash €71No establishment unit in the KBOlowers riskSize: total assets €103,226Founded in 2000Show the evidence

Checked score

Score 2025
52 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 15% of its sector peers (no NACE code, micro)
Financial strength · tick = 2024
Weak
Solvency 0=
equity -445.0% of total assets
Liquidity 0=
short-term debt 545.0% · cash 0.1%
Profitability 18-32
return on assets -7.8%
Bankruptcy probability, 12 months
2.0% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 11-2024: 1.0% 12-2024: 1.0%● unchanged vs 11-2024 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 0.9%▼ -0.1 percentage points vs 03-2025lowest value 05-2025: 1.0%▲ +0.1 percentage points vs 04-2025 06-2025: 1.1%▲ +0.1 percentage points vs 05-2025 07-2025: 1.2%▲ +0.1 percentage points vs 06-2025 08-2025: 1.8%▲ +0.6 percentage points vs 07-2025 09-2025: 2.1%▲ +0.3 percentage points vs 08-2025 10-2025: 3.8%▲ +1.7 percentage points vs 09-2025 11-2025: 3.8%● unchanged vs 10-2025 12-2025: 3.8%● unchanged vs 11-2025 01-2026: 3.8%● unchanged vs 12-2025 02-2026: 3.9%▲ +0.1 percentage points vs 01-2026 03-2026: 4.0%▲ +0.1 percentage points vs 02-2026 04-2026: 4.0%● unchanged vs 03-2026 05-2026: 4.0%● unchanged vs 04-2026 06-2026: 4.3%▲ +0.3 percentage points vs 05-2026 07-2026: 4.3%● unchanged vs 06-2026 08-2026: 5.6%▲ +1.3 percentage points vs 07-2026highest value 09-2026: 2.0%▼ -3.6 percentage points vs 08-2026 10-2026: 2.0%● unchanged vs 09-2026
No credit on open account
Liquidity short (current ratio 0.02 against 0.03 in 2024; short-term debt: 545% and cash: 0.1% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, micro): better than 5% on solvency, 3% on liquidity, 16% on profitability and 38% on growth.

The bankruptcy probability was computed on 08-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
−lowers risk+raises risk○neutral
lowers risk · Size: total assets €103,226
The company's size counts in the probability; how much depends on the rest of its profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 0.02, cash €71
NBB · annual accounts
raises risk · No establishment unit in the KBO
KBO · seat and establishments
lowers risk · Founded in 2000
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
18202122232425
2018 to 2025 · latest year -€459,326
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-08-2026, 31 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 filings
Deviation from the deadline
2025
31 days late
2024
29 days late
2023
27 days late
2022
31 days late
2021
30 days late
2020
31 days late
2018
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 30 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were 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. Usually files around 30 August (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
09-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Checked from 2021 on.
KBO publications · our coverage
  1. Annual accounts filedfiscal year 2025 · abbreviated…
  2. Annual accounts filedfiscal year 2024 · micro…
  3. Weakest financial yearnet -€22,204

Key points

  • Risk: Negative equityfiscal year 2025: debts exceed assets -€459,326 View
  • Caution: 2 loss-making years in a rowloss fiscal year 2025 -€8,003 View
  • Active since 2000founded 07-02-2000 26 years View

By topic

Financials

Fiscal year
2025
Total assets
€103,226
Loss
-€8,003
Solvency
-445.0%
Total assets▲ 8.5%
Net result
20182025
Go to Financials

Timeline

Events
26
Since
2001
Next accounts
by 31-07-2027
  1. 27-08-2024Annual accounts filed
  2. 31-12-2023Highest result from 2018 to 2025
  3. 31-08-2023Annual accounts filed
Go to Timeline

Company details

Legal form
Public limited company
Founded
07-02-2000
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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