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USTEL

Active
Public limited companyfounded 1991active for 35 yearsLuchtvaartsquare 6-8, 1070 Anderlecht, BelgiumKBO/BCE: BE 0444.616.128
Summary

The computed 12-month bankruptcy probability of USTEL is 3.5% (moderate). The 2024 annual accounts show negative equity (-€1.2m) and a net result of €800,638. Equity is growing by about 17% per year across the filed financial years. Its solvency ranks better than 24% of 1,747 sector peers (NACE 56, financial year 2024). The company has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals.

History

On 2 July 1991, USTEL was incorporated.1 Total assets went from €5.3m in 2018 to €24.7m in 2024 and headcount from 8.9 to 8.6 full-time equivalents.2

  1. 1KBO register
  2. 2National Bank, annual accounts 2018 and 2024

Acts, filings and financial milestones

2025
24-10
Gazette deed Amendment of the articles
General meeting1 fact ▸
  • General meeting, 16-10-2025
07-10
Gazette deed Reappointment: Amit MOR (director)
5 facts ▸
  • General meeting, 23-09-2025
  • Director reappointment, Amit MOR (director)
  • Board composition, Amit MOR (director)
  • Board composition, Michaël BARMOSHE (director)
  • Board composition, Mehdi BENZINE (director)
02-10
NBB filing Annual accounts filed
financial year 2024 · full format · 63 days late
2024
10-10
NBB filing Annual accounts filed
financial year 2023 · full format · 71 days late
20-06
Gazette deed Appointments: Michaël Barmoshe (day-to-day manager) and Mehdi Benzine (day-to-day manager)
3 facts ▸
  • Board meeting, 22-02-2024
  • Director appointment, Michaël Barmoshe (day-to-day manager)
  • Director appointment, Mehdi Benzine (day-to-day manager)
07-05
Gazette deed Resignations: HAIM Abraham (director and managing director) and Ilan Haim (director and managing director)
Appointments: BARMOSHE Michaël Abraham (director) and BENZINE Méhdi (director) · Amendment of the articles · Capital7 facts ▸
  • General meeting, 24-01-2024
  • Amendment of the articles (2 times)
  • Capital, €743,680.57
  • Director resignation, HAIM Abraham (director and managing director)
  • Director resignation, Ilan Haim (director and managing director)
  • Director appointment, BARMOSHE Michaël Abraham (director)
  • Director appointment, BENZINE Méhdi (director)
2023
31-12
Financial Liquidity more than doubledcurrent ratio 1.91
Current ratio from 0.81 to 1.91; short-term debt falls from €12.2m to €7.1m.
30-08
NBB filing Annual accounts filed
financial year 2022 · full format · 30 days late
2022
31-12
Financial Highest result from 2018 to 2024net €1.7m ▲153%
Operating result €2.4m, net result €1.7m, both a record.
19-08
NBB filing Annual accounts filed
financial year 2021 · full format · 19 days late
2021
31-12
Financial Back to profitnet €676,954
Net result €676,954 after one loss-making year.
09-11
NBB filing Annual accounts filed
financial year 2020 · full format · 101 days late
Show earlier events
2020
31-12
Financial Weakest financial yearnet -€1.3m
Net result drops to -€1.3m, the lowest in the series; recovery starts the following year.
20-11
NBB filing Annual accounts filed
financial year 2019 · full format · 112 days late
2019
13-11
NBB filing Annual accounts filed
financial year 2018 · full format · 105 days late
2018
31-07
NBB filing Annual accounts filed
financial year 2017 · full format
2017
27-07
NBB filing Annual accounts filed
financial year 2016 · full format
2016
29-07
NBB filing Annual accounts filed
financial year 2015 · full format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 33 annual accounts filed, the latest 10 are here; all 33 are under Financials.
4 of 11 deeds read
About the unread acts

Of the 11 Belgian Official Gazette deeds we know for this company, 4 have been read. The other 7 have not been read yet: what they contain is neither established nor disproved here.

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