Ustun group
The computed 12-month bankruptcy probability of Ustun group is 2.3% (average). The 2024 annual accounts show equity of €68k and a net result of €29k. Its solvency ranks better than 73% of 115 sector peers (fiscal year 2024). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.
| Equity | €68k |
| Net result | €29k |
| Staff (FTE) | 4.2 |
| Better than sector | 73% |
Exceptional profile — strong across almost every axis.
Statistical estimate based on public sources — not credit advice nor a finding of fact. How do we compute this?
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See plans →| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 43.9% | 23.4% | |
| Net result | €29k | €3k | |
| Equity | €68k | €23k | |
| Gross operating margin | €163k | €39k | |
| Staff costs | €92k | €38k |
| Fiscal year | 2024 |
|---|---|
| Revenue | — |
| EBITDA | €65k |
| Net profit | €29k |
| Cash flow | €48k |
| Staff costs | €92k |
| Income taxes | €17k |
| Dividends | — |
| Total assets | €155k |
| Equity | €68k |
| Debt | €87k |
| of which ≤ 1y | €56k |
| of which > 1y | €30k |
| Working capital | €29k |
| Employees (FTE) | 4.2 |
| 2024 | |
|---|---|
| Current ratio | 1.51 |
| Quick ratio | 1.51 |
| Working capital ratio | 18.5% |
| Solvency | 43.9% |
| Debt / equity | 1.28 |
| Long-term debt ratio | 0.45 |
| Interest coverage | 165.70 |
| Gross margin | — |
| Net margin | — |
| ROA | 18.6% |
| ROE | 42.3% |
| EBITDA margin | — |
| Days sales outstanding | — |
| Days payable outstanding | — |
| Inventory turnover | — |
| Days inventory (DSI) | — |
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet — Assets | ||
| TOTAL ASSETS | 20/58 | €155k |
| Fixed assets | 21/28 | €70k |
| Tangible fixed assets | 22/27 | €70k |
| Current assets | 29/58 | €85k |
| Amounts receivable within one year | 40/41 | €79k |
| Cash & bank | 54/58 | €6k |
| Balance sheet — Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €155k |
| Equity | 10/15 | €68k |
| Contributions / capital | 10/11 | €10k |
| Reserves | 13 | €58k |
| Amounts payable | 17/49 | €87k |
| Amounts payable after one year | 17 | €30k |
| Amounts payable within one year | 42/48 | €56k |
| Trade debts payable within one year | 44 | €6k |
| Income statement | ||
| Gross operating margin | 9900 | €163k |
| Operating result | 9901 | €46k |
| Financial charges | 65 | €390 |
| Result before taxes | 9903 | €45k |
| Income taxes | 67/77 | €17k |
| Net result for the period | 9904 | €29k |
| Result to be appropriated | 9905 | €29k |
| NACE primary | Food manufacturing(10130) |
| Legal form | Private limited company(610) |
| Incorporation | 26-10-2022 |
| Status | Active |
| Postal code | 8500 |
Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates — not a deeds register.
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 34022E0689/00W002 | Flanders | 2,779 m² | 1 · 39 m² | 0.0 m |
A single timeline of everything that happened to this company — publications, insolvency and lifecycle events, administrative changes and filed annual accounts.
11-12-2025 Registered office moved from Zulte to Kortrijk
- Waalstraat 46, 9870 Zulte → Dumolinlaan 1 bus 13, 8500 Kortrijk
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "siege_social",
"new_address": {
"raw": "Dumolinlaan 1 bus 13, 8500 Kortrijk",
"city": "Kortrijk",
"region": "vlaams_gewest",
"street": "Dumolinlaan",
"country": "BE",
"postcode": "8500",
"box_number": "13",
"street_number": "1",
"locality_suffix": null
},
"old_address": {
"raw": "Waalstraat 46, 9870 Zulte",
"city": "Zulte",
"region": "vlaams_gewest",
"street": "Waalstraat",
"country": "BE",
"postcode": "9870",
"box_number": null,
"street_number": "46",
"locality_suffix": null
},
"effective_date": "2025-11-25",
"evidence_quote": "",
"region_changed": false,
"is_statute_change": true,
"nationality_change": false,
"old_address_source": "header_volledig_adres",
"statute_clause_text": null,
"statute_article_number": null,
"effective_date_qualifier": "absolute",
"statutaire_vs_werkelijke": "statutaire",
"linguistic_region_changed": false,
"court_jurisdiction_changed": false,
"effective_date_is_approximate": false
}
],
"notary": {
"name": null,
"firm_city": null,
"firm_name": null,
"office_city": null,
"is_associated": false
},
"act_meta": {
"language": "nl",
"pub_date": "2025-12-11",
"filing_date": "2025-12-03",
"act_kind_objet": "Zetel (zetelverplaatsing)"
},
"decision": {
"body": "bevoegde_bestuursorgaan",
"date": "2025-11-26",
"unanimous": null
},
"subject_company": {
"kbo": "0792.923.827",
"name_full": "Ustun group",
"legal_form": "BV"
},
"publication_proxy": {
"kind": "person",
"org_kbo": null,
"org_name": null,
"person_name": "Ali \u00DCst\u00FCn",
"org_rep_person_name": null,
"person_role_at_subject": null
},
"co_filed_documents": []
}11-12-2025 Registered office moved from Zulte to Kortrijk
- Waalstraat 46, 9870 Zulte → Dumolinlaan 1, 8500 Kortrijk
Technical details
{
"events": [
{
"kind": "zetel_transfer",
"seat_type": "statutaire",
"new_address": {
"city": "Kortrijk",
"region": null,
"street": "Dumolinlaan",
"country": "BE",
"postcode": "8500",
"box_number": "13",
"street_number": "1"
},
"old_address": {
"city": "Zulte",
"region": null,
"street": "Waalstraat",
"country": "BE",
"postcode": "9870",
"box_number": null,
"street_number": "46"
},
"effective_date": "2025-11-25",
"evidence_quote": "Het bestuur beslist dat de zetel van de vennootschap zal worden verplaatst van Waalstraat 46, 9870 Zulte naar Dumolinlaan 1 bus 13, 8500 Kortrijk, en dit vanaf 25/11/2025."
}
],
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"subject_company": {
"kbo": "0792.923.827",
"name_full": "USTUN GROUP",
"legal_form": "BV"
}
}28-10-2022 Incorporation of a new BV
Technical details
{
"kind": "oprichting",
"seat": "9870 Zulte, Waalstraat 46",
"schema": "v3.2",
"act_meta": {
"model_id": 36,
"extractor": "constrained-core-35b"
},
"founders": [
{
"org": null,
"kind": "natural_person",
"person": {
"dob": "1993-05-13",
"name": "\u00DCST\u00DCN Ali",
"niss": null,
"address": "9870 Zulte, Waalstraat 46"
},
"share_class": "Aandelen",
"partner_role": null,
"holder_org_kbo": null,
"holder_org_name": null,
"contribution_type": "cash",
"amount_paid_in_eur": 10000,
"holder_person_name": "\u00DCST\u00DCN Ali",
"is_subscriber_only": false,
"n_shares_subscribed": 100,
"amount_subscribed_eur": 10000,
"is_anonymous_silent_partner": false
}
],
"capital_eur": 10000,
"subject_company": {
"kbo": "0792.923.827",
"name_full": "Ustun group",
"legal_form": "BV"
},
"initial_directors": [],
"incorporation_date": "2022-10-26",
"post_incorporation_mandates": []
}Generate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
| Legal nameNL | Ustun group |