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USHUAIA

Active
Private limited companyfounded 2007active for 19 yearsMaurice Deroostraat 19, 8200 Brugge, BelgiumKBO/BCE: BE 0890.482.467

From the official registers: KBO 18 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

USHUAIA has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €159,106 and a net result of -€36,906. Equity has been shrinking by about 16% per year since 2018. Its solvency ranks better than 43% of 12,757 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

Overview

Official details

KBO
Status
Active since 02-07-2007 Normal situation
Activity
Retail sale of clothing and accessories for women, men, children and babies (general range) NACE 47716and 5 others
Establishment unit
2.163.851.353 8300 Knokke-Heist, since 01-08-2007
Financial year end
31 December
Peppol
Reachable since 04-12-2025

Board and ownership

Board

Financial position

80 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
0.4%
Annual accounts 2025
Gross margin
€9,626
▼ 76.6%
Turnover
≈ €110,000
estimated
Loss
€36,906
▼ 38.9%
Equity
€159,106
▼ 18.8%
Total assets
€524,436
▼ 14.3%
Filed on 13-07-2026, 18 days before the deadlineat the National Bank
Score breakdownraises riskLoss of €36,906, the second in a row (financial year 2025)Sector: Retail trade (NACE 47)lowers riskSize: total assets €524,436Founded in 2007Show the evidence

Checked score

Score 2025
80 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 31% of micro companies in retail trade (NACE 47)
Financial strength · tick: 2024
Weak
Solvency 55-2
equity 30.3% of total assets
Liquidity 42-14
short-term debt 36.2% · cash 7.0%
Profitability 10+4
return on assets -7.0%
Bankruptcy probability within 12 months
0.4% Very low
0%0.5%1.5%4%10%≥ 25%

About 4 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,270 companies, NACE 47, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024lowest value 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.3%▲ +0.1 percentage points vs 05-2025 07-2025: 0.3%● unchanged vs 06-2025 08-2025: 0.6%▲ +0.3 percentage points vs 07-2025 09-2025: 0.5%▼ -0.1 percentage points vs 08-2025 10-2025: 0.5%● unchanged vs 09-2025 11-2025: 0.5%● unchanged vs 10-2025 12-2025: 0.5%● unchanged vs 11-2025 01-2026: 0.5%● unchanged vs 12-2025 02-2026: 0.5%● unchanged vs 01-2026 03-2026: 0.5%● unchanged vs 02-2026 04-2026: 0.6%▲ +0.1 percentage points vs 03-2026 05-2026: 0.5%▼ -0.1 percentage points vs 04-2026 06-2026: 0.6%▲ +0.1 percentage points vs 05-2026 07-2026: 0.7%▲ +0.1 percentage points vs 06-2026highest value 08-2026: 0.4%▼ -0.3 percentage points vs 07-2026 09-2026: 0.4%● unchanged vs 08-2026 10-2026: 0.4%● unchanged vs 09-2026
Credit of up to €12,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 1.84 (1.92 in 2024), above the usual 1.5. Short-term debt is 36.2% and cash 7% of total assets. However, 69.7% of the assets are financed with debt and provisions.
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 47, micro). It does better than 46% of them on solvency, 41% on liquidity, 17% on profitability and 20% on growth.

The bankruptcy probability was computed on 31-10-2026 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. 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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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises riskneutral
raises risk · Loss of €36,906, the second in a row (financial year 2025)
NBB · annual accounts
raises risk · Sector: Retail trade (NACE 47)
KBO
lowers risk · Size: total assets €524,436
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
lowers risk · Founded in 2007
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
raises risk · Persistent losses
Two consecutive loss-making years (2024 and 2025); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2025
Net result per financial year
1819202122232425
2018 to 2025 · latest year -€36,906
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 13-07-2026, 18 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
18 days early
2024
29 days late
2023
29 days late
2022
30 days late
2021
30 days late
2020
26 days late
2019
28 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 22 days after the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 30 August (4 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Risk: 4 loss-making years in a rowloss in financial year 2025 -€36,906 View
  • Caution: Lower net result than 90% of companies in retail tradesector median €27,641 · 12,747 companies -€36,906 View

Comparable companies

These companies have the same main activity as USHUAIA: retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716). They are comparable in size and age: total assets between €217,000 and €824,000, founded between 1999 and 2006.

CompanyTotal assetsGross margin
USHUAIA Brugge€524,436€9,626
Gold Digger Antwerpen€307,024€12,666
Beaumont & Cie Schilde€370,558€16,641
Benova Vosselaar€543,392€26,813
DIERICKX FASHION Herzele€823,781€7,592
Lilou Jeans Wavre€574,950€13,493
AL DANTE Sint-Gillis-Waas€217,151€18,063
Full comparison

Documents

Annual accounts at the NBB

All 18 annual accounts

Articles and registers

Key facts about USHUAIA

What is the company number of USHUAIA?
The company number of USHUAIA is 0890.482.467. The VAT number is the same number with BE in front: BE 0890.482.467.
Where is USHUAIA based?
The registered office is at Maurice Deroostraat 19, 8200 Brugge.Company details
What does USHUAIA do?
According to the KBO register, the main activity is retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716).
What is the legal form of USHUAIA?
The legal form of USHUAIA is Private limited company (BV).
When was USHUAIA founded?
USHUAIA was founded on 02-07-2007.
Is USHUAIA still active?
Yes, USHUAIA is an active enterprise in the KBO register.
How many employees does USHUAIA have?
USHUAIA had an average of 1 full-time equivalents in financial year 2024, according to the filed annual accounts.Financials
What is the turnover of USHUAIA?
The turnover in financial year 2025 is ≈ €110,000. This figure is estimated from the gross margin of €9,626 and 40 comparable companies (NACE 47716). It probably lies between €38,000 and €220,000. It is a rough estimate.
Is USHUAIA profitable?
In financial year 2025, USHUAIA made a loss of €36,906.
Where can I find the annual accounts of USHUAIA?
USHUAIA filed 18 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of USHUAIA due?
USHUAIA must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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