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USelect Holding

Active
Private limited companyfounded 20224 yrs activePachtgoederen 3, 9940 Evergem, BelgiumKBO/BCE: BE 0786.465.508
Summary

USelect Holding has a registered holding activity and consists mainly of financial fixed assets; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The latest annual accounts of USelect Holding were filed more than 90 days after the deadline. The 2024 annual accounts show equity of €12.2m and a net result of -€130,967. Its solvency ranks better than 71% of 8113 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Checked score

Outside the general model
Holding: general score not applicable
The company has a registered holding activity and financial fixed assets account for more than half of its assets. The general operating-company model is unsuitable for this profile, so we show no financial axes either. Filed figures remain available.
Filing: Filed more than 90 days late
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Signals

1 signal. The signal on the left, the evidence on the right.
+raises risk
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 05-01-2026, 158 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 2 filings
Deviation from the deadline
2025
not confirmed
2024
158 d late
2023
5 d early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 77 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 (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

USelect Holding was incorporated on 23 May 2022 as a Private limited company.1 The company has filed 2 sets of annual accounts, the latest for fiscal year 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2024

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Financials · fiscal year 2024, abbreviated schema

Equity
€12.2m▼ 1.1%
2023 · €12.3m
Total assets
€16.1m▲ 30.3%
2023 · €12.3m
Net result
-€130,967▼ 2,117%
2023 · -€5,906
Working capital
€3.7m
2023 · -€5,878
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
Line20232024
Operating result-€5,479--€52,710▼ 862%
Net result-€5,906below the sector's middle half--€130,967below the sector's middle half▼ 2,117%
Equity€12.3mabove the sector's middle half-€12.2mabove the sector's middle half▼ 1.1%
Total assets€12.3mabove the sector's middle half-€16.1mabove the sector's middle half▲ 30.3%
Debt€6,438-€3.9m▲ 60,043%
Working capital-€5,878within the sector's middle half-€3.7mabove the sector's middle half
Solvency99.9%above the sector's middle half-75.9%within the sector's middle half▼ 24.1pp
Current ratio0.08below the sector's middle half-75.12above the sector's middle half▲ 75.04
Return on assets (ROA)0.0%below the sector's middle half--0.8%below the sector's middle half▼ 0.8pp
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.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€150,000-€100,000-€50,000€0Operating result 2023: -€5,479-€5,479Net result 2023: -€5,906-€5,906Operating result 2024: -€52,710-€52,710Net result 2024: -€130,967-€130,96720232024-€150,000-€100,000-€50,000€0Operating result 2023: -€5,479-€5,480Net result 2023: -€5,906-€5,910Operating result 2024: -€52,710-€52,700Net result 2024: -€130,967-€131,00020232024
The operating result stays negative: a loss of €52,710 in 2024 against €5,479 in 2023; the loss grows.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €16.1m
Fixed assets €12.3m =
Current assets €3.7m ▲ 701,952%
Equity and liabilities €16.1m
Equity €12.2m ▼ 1.1%
Debt €3.9m ▲ 60,043%
Debt's share of the balance-sheet total rises from 0.1% to 24.1%. Equity is lower and debt is higher.
Key figures and ratios
2024 value · change against 2023
ROE
-1.1%▼
2023 · 0.0%
Debt ≤ 1 year
€49,723▲
2023 · €6,410
Debt > 1 year
€3.7m
Income taxes
€763
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 32 lines
Balance sheet Code20232024
Assets
Total assets20/58€12.3m€16.1m▲
Fixed assets21/28€12.3m€12.3m=
Financial fixed assets28€12.3m€12.3m=
Current assets29/58€532€3.7m▲
Amounts receivable within one year40/41€288€3.5m▲
Other amounts receivable41€288€3.5m▲
Cash at bank and in hand54/58€244€200,250▲
Equity and liabilities
Total equity and liabilities10/49€12.3m€16.1m▲
Equity10/15€12.3m€12.2m▼
Contributions10/11€12.3m€12.3m=
Profit (loss) carried forward14-€5,906-€136,874▼
Amounts payable17/49€6,438€3.9m▲
Amounts payable after more than one year17-€3.7m
Financial debts170/4-€3.7m
Amounts payable within one year42/48€6,410€49,723▲
Trade debts44€384€49,723▲
Suppliers440/4€384€49,723▲
Other amounts payable47/48€6,026€0▼
Accrued charges and deferred income492/3€28€122,560▲
Income statement Code20232024
Other operating charges640/8€1,034€528▼
Gross operating margin9900-€4,445-€52,183▼
Operating profit (loss)9901-€5,479-€52,710▼
Financial income75/76B-€46,282
Recurring financial income75-€46,282
Financial charges65/66B€428€123,775▲
Recurring financial charges65€428€123,775▲
Profit (loss) for the period before taxes9903-€5,906-€130,204▼
Income taxes67/77-€763
Profit (loss) for the period9904-€5,906-€130,967▼
Profit (loss) for the period to be appropriated9905-€5,906-€130,967▼
Appropriation of the result
Profit (loss) to be appropriated9906-€5,906-€136,874▼
Profit (loss) brought forward from the previous period14P--€5,906

The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20232024Change
Other operating charges640/8€1,034€528▼ 48.9%
Gross operating margin9900-€4,445-€52,183▼ 1,074%
Operating profit (loss)9901-€5,479-€52,710▼ 862%
Financial income75/76B-€46,282-
Recurring financial income75-€46,282-
Financial charges65/66B€428€123,775▲ 28,844%
Recurring financial charges65€428€123,775▲ 28,844%
Profit (loss) for the period before taxes9903-€5,906-€130,204▼ 2,104%
Income taxes67/77-€763-
Profit (loss) for the period9904-€5,906-€130,967▼ 2,117%
Profit (loss) for the period to be appropriated9905-€5,906-€130,967▼ 2,117%
Line20232024Change
Assets
Total assets20/58€12.3m€16.1m▲ 30.3%
Fixed assets21/28€12.3m€12.3m=
Financial fixed assets28€12.3m€12.3m=
Current assets29/58€532€3.7m▲ 701,952%
Amounts receivable within one year40/41€288€3.5m▲ 1,226,704%
Other amounts receivable41€288€3.5m▲ 1,226,704%
Cash at bank and in hand54/58€244€200,250▲ 82,000%
Equity and liabilities
Total equity and liabilities10/49€12.3m€16.1m▲ 30.3%
Equity10/15€12.3m€12.2m▼ 1.1%
Contributions10/11€12.3m€12.3m=
Profit (loss) carried forward14-€5,906-€136,874▼ 2,217%
Amounts payable17/49€6,438€3.9m▲ 60,043%
Amounts payable after more than one year17-€3.7m-
Financial debts170/4-€3.7m-
Amounts payable within one year42/48€6,410€49,723▲ 676%
Trade debts44€384€49,723▲ 12,834%
Suppliers440/4€384€49,723▲ 12,834%
Other amounts payable47/48€6,026€0▼ 100%
Accrued charges and deferred income492/3€28€122,560▲ 430,993%
Line20232024Change
Profit (loss) for the period9904-€5,906-€130,967▼ 2,117%
Operating cash flow (approximation)-€5,906-€130,967▼ 2,117%
Investment in fixed assets (approximation)-€0-
Change in cash-€200,006-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

2026
21-09
State Gazette act Merger · Shareholding
Corporate purpose · Accounting effect
21-09
State Gazette act Merger · Shareholding
Corporate purpose · Accounting effect
05-01
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 158 days late
2024
31-12
Financial Liquidity times 905current ratio 75.12
Current ratio from 0.08 to 75.12.
26-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts

We know of 4 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
4 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, Evergem · 1 establishment unit since 2022
seat establishment The establishment unit on the map
Ground area
3.5 ha
Building footprint
1.4 ha
2 parcels, Flanders · tallest building 0.1 m. Linked by address, not a title deed.
2 companies at this address See who is registered here
1 establishment unit
USelect Holding
Poortakkerstraat 37, 9051 GentManufacture of beverages
since 20222.331.937.111
2 parcels
Flanders 2 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
43006H0705/00A000 Flanders 2.8 ha 1 · 1.0 ha 0.1 m
44062A0081/00T000 Flanders 6,539 m² 1 · 3,397 m² -
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

4 owners · 2 holdings

Chain of control

  1. BeHold Co 50.51%
  2. USelect Holding

Highest known parent: BeHold Co. The sources do not say who stands above it.

Owners 4

Holdings 2

According to the 2024 annual accounts of USelect Holding and those 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.

Similar companies · same sector, comparable size

Of 82,642 companies in sector 70200 we hold annual accounts for 52,629. 5,905 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
Founded23-05-2022
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
64210Activities of holding companies
E-invoicing
Reachable via Peppol
Peppol ID 0208:0786465508
Also 9925:BE0786465508
Registered 25-08-2026

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.