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USE SOLUTIONS

Active Private limited companyfounded 2014active for 12 yearsOude Hostartstraat 32, 3600 GenkKBO/BCE: BE 0547.589.645

Lifetime

12 annual accounts with figures on one time axis
peak €46,107 (2024)
€16,526▼ 64.2%
lowest -€28,103 (2014)
€10,388▼ 76.8%
peak €19,559 (2025)
€19,559▲ 113%
€8,869▲ 48.9%
peak 1.2 FTE (2015)
-not published
Board3 names since 2017
1 director
Documentsfilings and deeds
16-06-202645 days before the deadline
2025micro format
Gross margin from €46,107 to €16,526Result from €44,817 to €10,388Equity from €9,171 to €19,559Debts from €5,958 to €8,869Investments €14,603

Key points

from the 2025 annual accounts

Turnover

≈ €140,000 estimated

The micro format states no turnover.

Investments

€14,603 5.8 × depreciation
20242025

Green is investment, beige is depreciation.

Filings

12 annual accounts since 2014
AprilJune31 JulyOctober201520202025

Seven of the last ten came late. The 2019 accounts came latest: 89 days after the end of the period.

Checked score

Bankruptcy probability within 12 months

Financial strength

Score breakdown

Comparable companies, two years later

In July 2024, 34,693 companies had the same profile as USE SOLUTIONS has now. Each dot stands for 87 companies, two years later.

95.3%
were still trading
3.9%
stopped another way
0.7%
went bankrupt
  • Micro
  • 10 to 20 years old
  • solvency 30% or more
  • a profit of 5% of the balance sheet or more
Test of the method

The method was tested on the 497,448 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.

The companies in ten equal groups, from the lowest to the highest expected share
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.5%
3 0.5% 0.6%
4 0.7% 0.8%
5 0.9% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.

This is an observation about 34,693 companies, not a prediction for USE SOLUTIONS. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.

Credit verdict

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Board and ownership

Director, since 19-12-2023
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0547589645
Company renamed from MEDSTORE to USE SOLUTIONS Registered office moved within Genk · New registered office: Oude Hostartstraat 32 bus 11, 3600 Genk · Previous registered office: Lousbeekstraat 32 bus 2, 3600 Genk · General meeting of 19-12-2023 · Gazette deed
Registered office moved within Genk New registered office: Lousbeekstraat 32 B 2, 3600 Genk · Previous registered office: Dieplaan 31 bus 1, 3600 Genk · Appointment: (manager) · Gazette deed
First establishment Oude Hostartstraat 32, Genk
All 20 events

Comparable companies

same main activity, similar in size and age
Company
USE SOLUTIONS Genk €28,429 €16,526 68.8% -
VCTO Scherpenheuvel-Zichem €30,602 €16,782 -80.1% -
MEBUL Antwerp €29,733 €19,181 -165.1% -
SILISOLAR Courcelles €27,863 €14,392 96.0% -
BILOS Kontich €30,428 €16,917 34.7% -
2ND TRACK Hasselt €27,120 €12,778 -132.8% -
NK PROJECTS Oudsbergen €35,552 €24,515 -135.2% -

These companies have the same main activity as USE SOLUTIONS: general electrical installation work (NACE 43211). They are comparable in size and age: total assets between €27,100 and €35,600, founded between 2011 and 2016.

Official details

Source: KBO
Status
Active since 26-02-2014Normal situation
Activity
General electrical installation workNACE 43211and 6 others
Establishment unit
2.229.089.2963600 Genk, since 03-03-2014
Financial year end
31 December
Peppol
Reachable since 28-06-2024
Company details

Annual accounts 2025

€28,429▲ 87.9%
Filing
Filed on 16-06-2026, 45 days before the end of the filing period
Financials

Insights on USE SOLUTIONS

USE SOLUTIONS files the micro format. That format states no turnover. The gross margin rose from -€8,316 in 2014 to €16,526 in 2025.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about USE SOLUTIONS

What is the company number of USE SOLUTIONS?
The company number of USE SOLUTIONS is 0547.589.645. The VAT number is the same number with BE in front: BE 0547.589.645.
Where is USE SOLUTIONS based?
The registered office is at Oude Hostartstraat 32, 3600 Genk.Company details
What does USE SOLUTIONS do?
According to the KBO register, the main activity is general electrical installation work (NACE 43211).
What is the legal form of USE SOLUTIONS?
USE SOLUTIONS is a private limited company (BV).
When was USE SOLUTIONS founded?
USE SOLUTIONS was founded on 26-02-2014.
Is USE SOLUTIONS still active?
Yes, USE SOLUTIONS is an active enterprise in the KBO register.
What is the turnover of USE SOLUTIONS?
The turnover in financial year 2025 is ≈ €140,000. This figure is estimated from the gross margin of €16,526 and 97 comparable companies (NACE 43211). It probably lies between €89,000 and €290,000. It is a rough estimate.Financials
Is USE SOLUTIONS profitable?
In financial year 2025, USE SOLUTIONS made a profit of €10,388.
Where can I find the annual accounts of USE SOLUTIONS?
USE SOLUTIONS filed 12 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of USE SOLUTIONS due?
USE SOLUTIONS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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