Summary
Conclusion
the dossier summarised in one paragraphThe computed 12-month bankruptcy probability of USG Professionals is 0.1% (very low). The 2024 annual accounts show equity of €8.45M and a net result of €1.47M. Equity is growing by ~6.5% per year across the filed fiscal years. Its solvency ranks better than 67% of 295 sector peers (fiscal year 2024). The company has been active since 1988 and the Belgian State Gazette contains no insolvency or warning signals.
Based on the State Gazette, CBE and 7 annual accounts.
Signals
1 signal · with evidenceConsistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.
Trust signals
2 signalsLong-established
Founded in 1988, 38 years in business.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.
Administrative Flags
No administrative flags
Bankruptcy probability (12 mo)
Checked model v1 · free for everyone0.1%
Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector
−Long track record
−Annual accounts: healthy financial profile
−
Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?
Financials
Turnover€33.21M+2.3%
EBIT margin6.7%-4.8pp
Net result€1.47M-46.7%
Working capital€8.60M+20.7%
Annual accounts & ratios
Source: NBB · 2024Annual accounts filed on 17-06-2025 with the NBB · fiscal year 2024 · volledig
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
growing
Equity: growth of ~6.5%/year over 7 fiscal years, indicative, assuming unchanged policy.
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?
The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.
The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.
A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).
Sector comparison
Fiscal year 2024 · NACE 62, Computer programming & consultancy · compared within the same schema type (full schema)
| Metric | This company | Sector median | Position in the sector |
|---|---|---|---|
| Solvency | 66.0% | 43.1% | |
| Net result | €1.47M | €28k | |
| Equity | €8.45M | €79k | |
| Staff costs | €11.76M | €400k | |
| Employees (FTE) | 158.0 | 5.9 |
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
P67
Stable position over 2020-2024
· n=104-295
P95
Stable position over 2020-2024
· n=104-295
P92
Stable position over 2020-2024
· n=104-295
P92
Stable position over 2021-2024
· n=73-147
Describes the position versus peers, not a forecast.
€33.21M
+2.3%
far above sector median
€2.24M
-40.5%
far above sector median
€1.47M
-46.7%
far above sector median
€1.47M
-46.7%
far above sector median
€12.80M
-5.8%
far above sector median
€8.45M
+21.1%
far above sector median
€8.60M
+20.7%
far above sector median
158
+0.3%
far above sector median
€11.76M
+1.4%
far above sector median
€781k
-32.7%
far above sector median
€4.00M
+362.4%
far above sector median
€4.35M
-34.2%
far above sector median
€4.20M
-34.9%
far above sector median
3.05
+44.8%
+89% vs sector
3.05
+44.8%
+98% vs sector
66.0%
+28.5%
+18% vs sector
0.51
-45.7%
-34% vs sector
17.4%
-56.0%
+90% vs sector
11.5%
-43.5%
far above sector median
4.4%
-47.9%
-44% vs sector
6.8%
-41.8%
-60% vs sector
11.82
-54.7%
-48% vs sector
Figures by fiscal year
| Fiscal year | 2024 |
|---|---|
| Revenue | €33.21M |
| EBITDA | €2.24M |
| Net profit | €1.47M |
| Cash flow | €1.47M |
| Staff costs | €11.76M |
| Income taxes | €781k |
| Dividends | - |
| Total assets | €12.80M |
| Equity | €8.45M |
| Debt | €4.35M |
| of which ≤ 1y | €4.20M |
| of which > 1y | - |
| Working capital | €8.60M |
| Employees (FTE) | 158.0 |
Ratios (computed)
| 2024 | |
|---|---|
| Current ratio | 3.05 |
| Quick ratio | 3.05 |
| Working capital ratio | 67.2% |
| Solvency | 66.0% |
| Debt / equity | 0.51 |
| Long-term debt ratio | - |
| Interest coverage | 11.82 |
| Gross margin | - |
| Net margin | 4.4% |
| ROA | 11.5% |
| ROE | 17.4% |
| EBITDA margin | 6.8% |
| Days sales outstanding | 61d |
| Days payable outstanding | - |
| Inventory turnover | - |
| Days inventory (DSI) | - |
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
| Line item | Code | 2024 |
|---|---|---|
| Balance sheet, Assets | ||
| TOTAL ASSETS | 20/58 | €12.80M |
| Fixed assets | 21/28 | €94 |
| Financial fixed assets | 28 | €94 |
| Current assets | 29/58 | €12.80M |
| Amounts receivable within one year | 40/41 | €12.19M |
| Cash & bank | 54/58 | €302 |
| Balance sheet, Equity & liabilities | ||
| TOTAL EQUITY & LIABILITIES | 10/49 | €12.80M |
| Equity | 10/15 | €8.45M |
| Contributions / capital | 10/11 | €1.66M |
| Reserves | 13 | €2.01M |
| Accumulated profits (losses) | 14 | €4.79M |
| Amounts payable | 17/49 | €4.35M |
| Amounts payable within one year | 42/48 | €4.20M |
| Trade debts payable within one year | 44 | €2.09M |
| Income statement | ||
| Turnover | 70 | €33.21M |
| Operating result | 9901 | €2.24M |
| Financial income | 75 | €206k |
| Financial charges | 65 | €193k |
| Result before taxes | 9903 | €2.25M |
| Income taxes | 67/77 | €781k |
| Net result for the period | 9904 | €1.47M |
| Result to be appropriated | 9905 | €1.47M |
You're seeing the latest fiscal year only. Unlock 4 prior years (figures + ratios) with a paid plan.
See plans →
Ratios computed by Checked.
Health barometer
FY 2024 · computed95
/ 100
Excellent
Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.
See plans →Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.
Structure & network
Locations & real estate
Establishment units
1 locationUSG Professionals
since 19962.034.493.737
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area2,404 m²
Buildings1
Building footprint2,222 m²
Volume (LiDAR)26,166 m³
Tallest building32.5 m · ±2 fl.
Real-estate footprint
Source: CBE × cadastre · address linkingParcels 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.
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11808H1206/00Y007 | Flanders | 2,404 m² | 1 · 2,222 m² | 32.5 m · 2 fl. |
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Publications
Lifecycle & Insolvency Signals
No insolvency signals in the Belgian State Gazette
Belgisch Staatsblad · acts
41 acts Capital history · 2
11-01-2023
v3.2
27-10-2015
v3.2
Address history · 1
20-09-2002
Registered-office move
All acts · 41
updated 1 year ago
2025
30-05-2025 3 directors appointed
- Dave Bulteel, Finance manager
- Anouchka Quirijnen, Mid office manager
- Adriaan de Leeuw, Bijzonder gevolmachtigde
Summary:
v3.2
10-03-2025 1 director appointed, 1 resigning
- Anouchka Quirijnen, Hr coördinator
- Jill Paulissen, Finance manager
Summary:
v3.2
2024
17-10-2024 Ömer Turna appointed as statutory auditor
26-06-2024 1 director appointed, 2 resigning
- Warda El Azzouzi, Bestuurder
- Warda El Azzouzi, Hr manager
- Warda El Azzouzi, Operationeel directeur
Summary:
v3.2
2023
08-08-2023 Publication in the Belgian Official Gazette, Miscellaneous
Summary:
otherNotary:
Dimitri CLEENEWERCK de CRAYENCOUR · Antwerpen
27-07-2023 Barbara Stadsbader appointed as director
14-07-2023 4 directors appointed, 1 resigning
- Warda El Azzouzi, Operationeel manager
- Double You Consulting, Bijzondere volmacht voor hr
- Double You Consulting, Bijzondere volmacht als operationeel manager
- Adriaan de Leeuw, Bijzondere volmacht voor formaliteiten
- Warda El Azzouzi, Hr manager
Summary:
v3.2
11-01-2023 Transaction in capital or shares
Summary:
v3.2
2022
22-09-2022 2 directors appointed, 1 resigning
- Jill Paulissen, Finance manager
- Véronique Mane Leon Van Hove, Juriste in de rgf groep
- Mara Rojas Y Alcazar, Finance manager
Summary:
v3.2
11-07-2022 Erik De Cock appointed as director
07-01-2022 Rob Zandbergen resigns as director
2021
20-08-2021 EY Bedrijfsrevisoren appointed as statutory auditor
25-05-2021 3 directors appointed, 1 resigning
- BV Scheerlinck Consulting, Bestuurder
- Mevrouw Katty Scheerlinck, Vertegenwoordiger
- Mevrouw Van Hove Veronique Marie Leon, Vertegenwoordiger (bijzondere volmacht)
- Katty Scheerlinck, Bestuurder
Summary:
v3.2
2020
11-12-2020 Articles of association amended
Summary:
v3.2
23-03-2020 2 directors appointed
- Mara Rojas Y Alcazar, Financial director
- Véronique Marie Leon Van Hove, Juriste in de usg groep
Summary:
v3.2
07-02-2020 Jordhis van Hoek resigns as director
07-02-2020 2 directors appointed
- Warda El Azzouzi, Hr manager
- Véronique Marie Leon Van Hove, Juriste
Summary:
v3.2
2019
10-10-2019 3 directors appointed
- Rob Zandbergen, Bestuurder
- Katty Scheerlinck, Bestuurder
- Jordhis van Hoek, Bestuurder
Summary:
v3.2
2018
17-12-2018 1 director appointed, 1 resigning
- Ernst & Young Bedrijfsrevisoren BCVBA, Commissaris
- PriceWaterhouseCoopers Bedrijfsrevisoren BCVBA, Commissaris
Summary:
v3.2
31-05-2018 1 director appointed, 1 resigning
- Véronique Marie Leon Van Hove, Juriste in de usg groep
- Barbara Stadsbader, Digital strategy manager
Summary:
v3.2
First 20 of 41 acts
Analysis
Snowflake analysis
financial profile on 5 axes79
/ 100
Exceptional profile, strong across almost every axis.
Health
95
Profitability
56
Solvency
100
Growth
44
Stability
100
Ask AI about this company
Checked AISoon: ask questions about this dossier, risks, curator, sector comparison, answered from the official data on this page.
TryWhat are the main risks?Any recent red flags?Compare to sector peers
Coming soonAI due-diligence brief
Checked AIGenerate a structured, factual brief from every signal in this dossier: risk, financial health, ownership, mandates and sector comparison.
Coming soon
The brief is drafted by our AI model at Anthropic in the US, from this dossier's public data. Nothing that identifies you is sent along and we do not keep the brief. Indicative, not legal or investment advice. How it works
Credit advice
verdict per customer and amountSimilar
Similar companies
Same sector, ranked by comparable sizeCompany registry
Company registry (CBE)
Crossroads BankActivities
Ontwerpen en programmeren van computerprogramma's62010Ontwerpen van computerprogramma’s62100Overige advisering in verband met programmatuur en levering van programmatuur72220
Primary activity highlighted.
Names & trade names
| Legal nameNL | USG Professionals |
Registered office
Frankrijklei 101
2000 Antwerpen, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.