Equity
€40,311 ▲ 0.9%
USTAM has made a profit without a break since 2023.
USTAM
Lifetime
7 annual accounts with figures on one time axispeak €36,135 (2020)
€16,020▼ 21.2%
lowest -€21,187 (2019)
€360▼ 83.9%
peak €40,311 (2025)
€40,311▲ 0.9%
€6,419▼ 71.1%
Board2 names since 2018
1 director
Documentsfilings and deeds
18-06-202643 days before the deadline
2025micro format
Gross margin from €20,317 to €16,020Result from €2,242 to €360Debts from €22,242 to €6,419Cash from €18,939 to €7,542
Key points
from the 2025 annual accountsTurnover
≈ €170,000 estimated
The micro format states no turnover.
Liquidity
4.02 was 1.27 in 2024
Short-term debts fell from €22,242 to €6,419.
Filings
7 annual accounts 1 late
The 2019 accounts came 87 days late. The other six were filed on time.
Starting capital
€20,000 200 shares
Position in the sector
86.3%
Higher solvency than 90% of companies in specialised construction. Sector median 46.9% · 37,177 companies.
Checked score
Bankruptcy probability within 12 months
Financial strength
Score breakdown
Comparable companies, two years later
In July 2024, 5,047 companies had the same profile as USTAM has now. Each dot stands for 13 companies, two years later.
94.0%
were still trading
3.8%
stopped another way
2.2%
went bankrupt
Test of the method
The method was tested on the 497,331 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.
| 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 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
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 5,047 companies, not a prediction for USTAM. 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
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
Recent changes
Registered in the Peppol Directory
Reachable for e-invoices through 0208:0697830866
Company renamed from EnKa2018 to USTAM
Reappointment: (director) · Permanent representative: · “1. Het aanleggen, het oordeelkundig uitbouwen en beheren van een onroerend vermogen; alle verrichtingen met…” (deed in Dutch) · General meeting of 06-11-2023 · Gazette deed
Resignation: (manager)
Transfer of shares from to · Director discharge: · is a shareholder · General meeting of 16-12-2021 · Gazette deed
First establishment
Steenakker 36, Genk
Comparable companies
same main activity, similar in size and age| Company | ||||
|---|---|---|---|---|
| USTAM Genk | €46,730 | €16,020 | 86.3% | - |
| GIREVCO Asse | €47,534 | €17,433 | 73.8% | - |
| Baran Verandas & Cleaning Company Bornem | €50,687 | €17,090 | -2.9% | - |
| PRODUCT WOOD Vilvoorde | €45,539 | €12,901 | 37.6% | - |
| L'Aisance du Bois Brussels | €44,210 | €15,619 | 21.1% | - |
| INFINITY PARQUET Incourt | €55,038 | €15,274 | 76.3% | - |
| RENOTAL Lebbeke | €52,044 | €16,013 | -83.7% | - |
These companies have the same main activity as USTAM: joinery installation (NACE 43320). They are comparable in size and age: total assets between €44,200 and €55,000, founded between 2016 and 2019.
Official details
Source: KBO- Status
- Active since 12-06-2018Normal situation
- Activity
- Joinery installationNACE 43320
- Establishment unit
- 2.276.741.0423600 Genk, since 19-06-2018
- Financial year end
- 31 December
- Peppol
- Reachable since 26-07-2024
Annual accounts 2025
- €46,730▼ 24.9%
- Filing
- Filed on 18-06-2026, 43 days before the end of the filing period
Insights on USTAM
USTAM files the micro format. That format states no turnover. The gross margin rose from €1,847 in 2019 to €16,020 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 USTAM
- What is the company number of USTAM?
- The company number of USTAM is 0697.830.866. The VAT number is the same number with BE in front: BE 0697.830.866.
- Where is USTAM based?
- The registered office is at Steenakker 36, 3600 Genk.Company details
- What does USTAM do?
- According to the KBO register, the main activity is joinery installation (NACE 43320).
- What is the legal form of USTAM?
- USTAM is a private limited company (BV).
- When was USTAM founded?
- USTAM was founded on 12-06-2018.
- Is USTAM still active?
- Yes, USTAM is an active enterprise in the KBO register.
- What is the turnover of USTAM?
- The turnover in financial year 2025 is ≈ €170,000. This figure is estimated from the gross margin of €16,020 and 56 comparable companies (NACE 43320). It probably lies between €100,000 and €320,000. It is a rough estimate.Financials
- Is USTAM profitable?
- In financial year 2025, USTAM made a profit of €360.
- Where can I find the annual accounts of USTAM?
- USTAM filed 7 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of USTAM due?
- USTAM must file the annual accounts for financial year 2026 by 31-07-2027.Timeline
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can trust this company with building work.Contractor check Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Check which of your other customers you can e-invoice via Peppol.Peppol check Compare this company with its sector.Sector benchmark
See how customers, suppliers and banks see your own company and what to improve first.