USIMEX - EXPLOITATIE
ActiveUSIMEX - EXPLOITATIE has been active since 1986 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €172k and a net result of €-25k. Equity is growing by ~2.7% per year across the filed fiscal years. Its solvency ranks better than 89% of 36376 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
60
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability3▼-74
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 1.84 against 9.09 in 2023; short-term debt: 16.2% and cash: 7% of total assets), and 16.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 43
Relative position
BE, all sectors
reference
Sector 43
higher
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
83.8%
Return on assets
-12.3%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-07-2025, 6 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
6 d early
2023
56 d early
2022
38 d early
2021
25 d late
2020
7 d early
2019
39 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, micro schema
Equity
€172k▼ 12.8%
2023 · €198k
2018: €143k
2019: €164k
2020: €194k
2021: €197k
2022: €185k
2023: €198k
2018 → 2024
Total assets
€206k▼ 0.9%
2023 · €208k
2018: €180k
2019: €199k
2020: €217k
2021: €221k
2022: €209k
2023: €208k
2018 → 2024
Net result
€-25k
2023 · €13k
2018: €57k
2019: €21k
2020: €29k
2021: €3k
2022: €-12k
2023: €13k
2018 → 2024
Working capital
€28k▼ 65.4%
2023 · €81k
2018: €58k
2019: €74k
2020: €88k
2021: €90k
2022: €82k
2023: €81k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€194k-€197k▲ 1.8%€185k▼ 6.3%€198k▲ 7.1%€172k▼ 12.8%
Operating result€41k-€7k▼ 83.5%€-11k€14k€-24k
Net result€29k-€3k▼ 88.1%€-12k€13k€-25k
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €24k after €14k in 2023, the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €206k
Fixed assets
€144k▲ 24.0%
Current assets
€61k▼ 32.6%
Equity and liabilities €206k
Equity
€172k▼ 12.8%
Debt
€33k▲ 232%
The debt ratio rises from 4.8% to 16.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€-8k▼
2023 · €30k
Cash flow
€-9k▼
2023 · €29k
Solvency
83.8%▼
2023 · 95.2%
Current ratio
1.84▼
2023 · 9.09
Quick ratio
1.16▼
2023 · 4.64
Debt / equity
0.19▲
2023 · 0.05
ROE
-14.6%▼
2023 · 6.6%
ROA
-12.3%▼
2023 · 6.3%
Interest coverage
-5.17▼
2023 · 21.46
Debt
€33k▲
2023 · €10k
Debt ≤ 1 year
€33k▲
2023 · €10k
Staff costs
€53k▲
2023 · €44k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€208k€206k▼
Fixed assets21/28€116k€144k▲
Tangible fixed assets22/27€113k€141k▲
Plant, machinery and equipment23€78k€80k▲
Furniture and vehicles24€23k€50k▲
Other tangible fixed assets26€12k€10k▼
Financial fixed assets28€3k€3k=
Current assets29/58€91k€61k▼
Stocks and contracts in progress3€45k€23k▼
Stocks30/36€45k€23k▼
Amounts receivable within one year40/41€27k€23k▼
Trade receivables40€11k€13k▲
Other amounts receivable41€16k€10k▼
Cash at bank and in hand54/58€18k€14k▼
Deferred charges and accrued income490/1€933€1k▲
Equity and liabilities
Total equity and liabilities10/49€208k€206k▼
Equity10/15€198k€172k▼
Contributions10/11€87k€87k=
Capital10€87k€87k=
Issued capital100€87k€87k=
Reserves13€52k€52k=
Non-distributable reserves130/1€9k€9k=
Legal reserve130€9k€9k=
Distributable reserves133€44k€44k=
Profit (loss) carried forward14€59k€33k▼
Amounts payable17/49€10k€33k▲
Amounts payable within one year42/48€10k€33k▲
Trade debts44€7k€5k▼
Suppliers440/4€7k€5k▼
Taxes, remuneration and social security45€3k€5k▲
Taxes450/3€824€605▼
Remuneration and social security454/9€2k€5k▲
Other amounts payable47/48-€23k
Income statement
Code20232024
Remuneration, social security and pensions62€44k€53k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€15k€16k▲
Other operating charges640/8€1k€5k▲
Gross operating margin9900€76k€51k▼
Operating profit (loss)9901€14k€-24k▼
Financial income75/76B€898€59▼
Recurring financial income75€898€59▼
Financial charges65/66B€1k€1k▲
Recurring financial charges65€1k€1k▲
Profit (loss) for the period before taxes9903€14k€-25k▼
Income taxes67/77€824-
Profit (loss) for the period9904€13k€-25k▼
Profit (loss) for the period to be appropriated9905€13k€-25k▼
Appropriation of the result
Profit (loss) to be appropriated9906€59k€33k▼
Profit (loss) brought forward from the previous period14P€46k€59k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
31-12
Financial
Weakest financial yearnet €-25k ▼294%
Net result drops to €-25k, the lowest in the series.
05-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Back to profitnet €13k
Net result €13k after one loss-making year.
31-12
Financial
Liquidity doublescurrent ratio 9.09
Current ratio from 4.39 to 9.09; short-term debt falls from €24k to €10k.
23-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
25-08
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema · 25 days late
2021
24-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
08-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema · 39 days late
2019
31-12
Financial
Equity above €150kEq €164k ▲14.8%
2 profitable years in a row build equity to €164k.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
22-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
27-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
7 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, Dilbeek · 2 establishment units since 1986
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
August De Smedtstraat 551702 DilbeekGround area
7,997 m²
Building footprint
2,192 m²
Volume, LiDAR
11,045 m³
3 parcels, Flanders · tallest building 13.5 m, ±2 floors. Linked by address, not a title deed.
2 establishment units
Robert Dansaertlaan 234, 1702 Dilbeek
since 19862.129.819.793
Reigerstraat 1, 9270 Laarne
since 19862.029.228.617
3 parcels
Flanders
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 42010B0113/00A000 | Flanders | 4,876 m² | 1 · 236 m² | 8.8 m · 2 fl. |
| 23026B0039/00L025 | Flanders | 2,726 m² | 1 · 1,805 m² | 13.5 m · 2 fl. |
| 23026B0126/00D004 | Flanders | 395 m² | 1 · 151 m² | 8.8 m · 2 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
BATI CALOR
BE 0790.194.860
Antwerpen · Eq €173k
LIMCO ART
BE 0597.986.588
Houthalen-Helchteren · Eq €173k
GVDB Technics
BE 0745.489.738
Buggenhout · Eq €172k
MAASLANDSE CENTRALE VERWARMING
BE 0724.731.045
Maasmechelen · Eq €173k
CUPPENS VERWARMING
BE 0447.632.729
Oudsbergen · Eq €172k
Of 9,528 companies in sector 43222 we hold annual accounts for 5,659. 4,880 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded21-03-1986
Fiscal year end31-12
Activities, NACEBEL
43222Installation of electric heating, air conditioning, cooling and ventilation
Sources
Crossroads Bank for EnterprisesNational Bank · 39 filingsAddress and cadastre registers
Data from official sources, last processed on 18-09-2026. Scores and ratios are computed by Checked and are not a credit decision.