USIME
Bankruptcy closedInactive since 24-09-2026; last annual accounts for fiscal year 2020.
Summary
USIME was declared bankrupt on 04-10-2021 (Tribunal de l’entreprise du Brabant wallon); the bankruptcy was closed by liquidation by judgment of 17-09-2026, published in the Belgian State Gazette on 23-09-2026.
Signals
Two signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2020 was due by 31-07-2021 and was filed on 27-08-2021, 27 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 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
27 d late
2019
84 d late
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 2 accounts on average 56 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 (1)
History
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Financials · fiscal year 2020, micro schema
Equity
€93,767▼ 5.1%
2019 · €98,827
Total assets
€307,651▼ 6.1%
2019 · €327,808
Net result
€54,940▲ 70.3%
2019 · €32,270
Working capital
€85,814▼ 10.8%
2019 · €96,199
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line201820192020
Operating result€79,627-€38,477▼ 51.7%€50,968▲ 32.5%
Net result€37,724-€32,270▼ 14.5%€54,940▲ 70.3%
Equity€96,556-€98,827▲ 2.4%€93,767▼ 5.1%
Total assets€337,383-€327,808▼ 2.8%€307,651▼ 6.1%
Debt€240,827-€228,982▼ 4.9%€213,884▼ 6.6%
Working capital€89,831-€96,199▲ 7.1%€85,814▼ 10.8%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result recovers in 2020; 2020 is 32% above 2019.
Balance-sheet composition
2020 in colour, 2019 as the grey bar beneath
Assets €307,651
Fixed assets
€50,130 ▲ 87.7%
Current assets
€257,521 ▼ 14.5%
Equity and liabilities €307,651
Equity
€93,767 ▼ 5.1%
Debt
€213,884 ▼ 6.6%
Debt's share of the balance-sheet total falls from 69.9% to 69.5%. Equity and debt are lower.
Key figures and ratios
EBITDA
€61,720▲
2019 · €52,786
Cash flow
€65,692▲
2019 · €46,580
Current ratio
1.50▲
2019 · 1.47
Quick ratio
1.49▲
2019 · 1.46
Debt to equity
0.45▲
2019 · 0.24
ROE
58.6%▲
2019 · 32.7%
ROA
17.9%▲
2019 · 9.8%
Debt ≤ 1 year
€171,707▼
2019 · €204,905
Debt > 1 year
€42,177▲
2019 · €24,077
Income taxes
€293▼
2019 · €1,924
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €14,376 | €14,310 | €10,752 | ▼ 24.9% |
| Gross operating margin9900 | €110,865 | €55,815 | €63,901 | ▲ 14.5% |
| Operating profit (loss)9901 | €79,627 | €38,477 | €50,968 | ▲ 32.5% |
| Recurring financial income75 | €186 | €10,370 | €10,530 | ▲ 1.5% |
| Recurring financial charges65 | €33,507 | €11,940 | €6,265 | ▼ 47.5% |
| Profit (loss) for the period before taxes9903 | €46,306 | €34,194 | €55,233 | ▲ 61.5% |
| Income taxes67/77 | €8,582 | €1,924 | €293 | ▼ 84.8% |
| Profit (loss) for the period9904 | €37,724 | €32,270 | €54,940 | ▲ 70.3% |
| Profit (loss) for the period to be appropriated9905 | €37,724 | €32,270 | €54,940 | ▲ 70.3% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Assets | ||||
| Total assets20/58 | €337,383 | €327,808 | €307,651 | ▼ 6.1% |
| Fixed assets21/28 | €41,014 | €26,704 | €50,130 | ▲ 87.7% |
| Tangible fixed assets22/27 | €39,713 | €25,403 | €48,829 | ▲ 92.2% |
| Financial fixed assets28 | €1,301 | €1,301 | €1,301 | = |
| Current assets29/58 | €296,369 | €301,104 | €257,521 | ▼ 14.5% |
| Stocks and contracts in progress3 | €1,500 | €1,500 | €1,500 | = |
| Amounts receivable within one year40/41 | €291,564 | €289,849 | €249,000 | ▼ 14.1% |
| Cash at bank and in hand54/58 | €705 | €9,755 | €6,796 | ▼ 30.3% |
| Equity and liabilities | ||||
| Total equity and liabilities10/49 | €337,383 | €327,808 | €307,651 | ▼ 6.1% |
| Equity10/15 | €96,556 | €98,827 | €93,767 | ▼ 5.1% |
| Contributions10/11 | €18,550 | €18,550 | - | - |
| Reserves13 | €18,881 | €18,881 | €18,881 | = |
| Profit (loss) carried forward14 | €59,126 | €61,396 | €56,336 | ▼ 8.2% |
| Amounts payable17/49 | €240,827 | €228,982 | €213,884 | ▼ 6.6% |
| Amounts payable after more than one year17 | €34,289 | €24,077 | €42,177 | ▲ 75.2% |
| Amounts payable within one year42/48 | €206,538 | €204,905 | €171,707 | ▼ 16.2% |
| Trade debts44 | €36,195 | €30,915 | €18,011 | ▼ 41.7% |
| Line | 2018 | 2019 | 2020 | Change |
|---|---|---|---|---|
| Profit (loss) for the period9904 | €37,724 | €32,270 | €54,940 | ▲ 70.3% |
| + Depreciation and write-downs630 | €14,376 | €14,310 | €10,752 | ▼ 24.9% |
| Operating cash flow (approximation) | €52,101 | €46,580 | €65,692 | ▲ 41.0% |
| Investment in fixed assets (approximation) | - | €0 | -€34,177 | - |
| Change in cash | - | €9,050 | -€2,958 | ▼ 133% |
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
2026
23-09
Bankruptcy
Bankruptcy closure (by liquidation)
Tribunal de l’entreprise du Brabant wallon · event 17-09-2026
2021
08-10
Bankruptcy
Opening
Tribunal de l’entreprise du Brabant wallon · event 04-10-2021
27-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 27 days late
2020
31-12
Financial
Highest result since 2018net €54,940 ▲70.3%
Net result €54,940, the highest in the series.
23-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 84 days late
2019
31-12
Financial
Weakest financial yearnet €32,270 ▼14.5%
Net result drops to €32,270, the lowest in the series.
22-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 22 days late
2018
24-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 24 days late
2017
29-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
2016
22-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 22 days late
2015
10-07
NBB filing
Annual accounts filed
fiscal year 2014 · full schema
2014
05-07
NBB filing
Annual accounts filed
fiscal year 2013 · full schema
2013
06-07
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
28-06
NBB filing
Annual accounts filed
fiscal year 2011 · full schema
SignalFinancial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 2 acts read
About the unread acts
We know of 2 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
2 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, Chastre
Ground area
353 m²
Building footprint
139 m²
Parcel 25032D0073/00C000, Wallonia. Linked by address, not a title deed.
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25032D0073/00C000 | Wallonia | 353 m² | 1 · 139 m² | - |
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.
Insolvency mandates
1 mandate| Role | Name | Tenure |
|---|---|---|
| Curator | ANTOINE BRAUN VIEUX CHEMIN DU POETE 11,
1301 BIERGES |
04-10-2021 → 17-09-2026 |