What is the address of TrustCapital?

The registered office of TrustCapital is located at Kapel ter Bede(Kor) 84, 8500 Kortrijk.

Is TrustCapital still active?

Yes. According to the CBE (29 October 2026) TrustCapital is active, legal situation “Normale toestand”, started on 1 January 1968.

Is TrustCapital registered on Peppol?

Yes, TrustCapital is registered on the Peppol network with ID 0208:0403240282.

What is the enterprise number of TrustCapital?

The enterprise number of TrustCapital is BE0403240282.

When was TrustCapital founded?

TrustCapital was founded on 1 January 1968.

Who are the directors of TrustCapital?

According to the 2025 annual accounts, the directors of TrustCapital are: Christian Dumolin, Stéphane Vlaemminck, Hilde Famaey.

Is TrustCapital a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 1 January 1968; 5 annual accounts filed, latest fiscal year 2025; 3 directors known from the annual account.

How much profit did TrustCapital make in 2025?

TrustCapital posted a profit after taxes of € 6,770,677 in financial year 2025.

TrustCapital (Public Limited) - Kortrijk - BE0403240282

Dossier TrustCapital, printed on 29 October 2026 from databakkes.be/en/0403240282/trustcapital. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Warning lights

Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.

Busy address KBO

26 other companies have their registered office at the same address; threshold 10.

Financials

Financial year 2025

TrustCapital from Kortrijk, company number BE0403240282, closed financial year 2025 with a result of € 6.8 million after tax. Compared with financial year 2024, the result moved from € 1.4 million to € 6.8 million. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.

What it is worth Growing

€ 78.7 million

▲ 9% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 6.8 million

▲ € 5.4 million vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 483,949

▲ 33% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Growing

Stays in the company

No dividend for 2025. Retained profit grew to € 32.2 million.

Debts at end 2025

Bank debt

€ 54 million

▲ 8% vs 2024

Loans from banks and other lenders, long and short.

Owed to suppliers

€ 28,727

▲ 105% vs 2024

Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 97 days on average.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Profit after taxes	€ 10,685,469 Profit after taxes 2022: € 10,685,469 First fiscal year in the series	€ 667,069 Profit after taxes 2023: € 667,069 ▼ 94% vs 2022 (€ 10,685,469) Unfavourable step	€ 1,351,609 Profit after taxes 2024: € 1,351,609 ▲ 103% vs 2023 (€ 667,069) Favourable step	€ 6,770,677 Profit after taxes 2025: € 6,770,677 ▲ € 5.4 million vs 2024 (€ 1,351,609) Favourable step	▲ € 5.4 million
Equity	€ 69,885,204 Equity 2022: € 69,885,204 First fiscal year in the series	€ 70,552,273 Equity 2023: € 70,552,273 ▲ 1% vs 2022 (€ 69,885,204) Favourable step	€ 71,903,882 Equity 2024: € 71,903,882 ▲ 2% vs 2023 (€ 70,552,273) Favourable step	€ 78,674,559 Equity 2025: € 78,674,559 ▲ 9% vs 2024 (€ 71,903,882) Favourable step	▲ 9%
Total debts	€ 33,153,176 Total debts 2022: € 33,153,176 First fiscal year in the series	€ 42,630,019 Total debts 2023: € 42,630,019 ▲ 29% vs 2022 (€ 33,153,176) Unfavourable step	€ 50,260,378 Total debts 2024: € 50,260,378 ▲ 18% vs 2023 (€ 42,630,019) Unfavourable step	€ 54,049,349 Total debts 2025: € 54,049,349 ▲ 8% vs 2024 (€ 50,260,378) Unfavourable step	▲ 8%
Cash	€ 262,843 Cash 2022: € 262,843 First fiscal year in the series	€ 686,446 Cash 2023: € 686,446 ▲ 161% vs 2022 (€ 262,843) Favourable step	€ 363,684 Cash 2024: € 363,684 ▼ 47% vs 2023 (€ 686,446) Unfavourable step	€ 483,949 Cash 2025: € 483,949 ▲ 33% vs 2024 (€ 363,684) Favourable step	▲ 33%
Retained profit	€ 23,440,204 Retained profit 2022: € 23,440,204 First fiscal year in the series	€ 24,107,273 Retained profit 2023: € 24,107,273 ▲ 3% vs 2022 (€ 23,440,204) Favourable step	€ 25,458,882 Retained profit 2024: € 25,458,882 ▲ 6% vs 2023 (€ 24,107,273) Favourable step	€ 32,229,559 Retained profit 2025: € 32,229,559 ▲ 27% vs 2024 (€ 25,458,882) Favourable step	▲ 27%
Dividend	€ 3,000,000 Dividend 2022: € 3,000,000 First fiscal year in the series	€ 0 Dividend 2023: € 0 ▼ 100% vs 2022 (€ 3,000,000) Unchanged	€ 0 Dividend 2024: € 0 Unchanged (€ 0) Unchanged	€ 0 Dividend 2025: € 0 Unchanged (€ 0) Unchanged
Bank debt	€ 30,000,000 Bank debt 2022: € 30,000,000 First fiscal year in the series	€ 42,500,000 Bank debt 2023: € 42,500,000 ▲ 42% vs 2022 (€ 30,000,000) Unfavourable step	€ 50,000,000 Bank debt 2024: € 50,000,000 ▲ 18% vs 2023 (€ 42,500,000) Unfavourable step	€ 54,000,000 Bank debt 2025: € 54,000,000 ▲ 8% vs 2024 (€ 50,000,000) Unfavourable step	▲ 8%
Balance sheet total	€ 103,038,380 Balance sheet total 2022: € 103,038,380 First fiscal year in the series	€ 113,182,292 Balance sheet total 2023: € 113,182,292 ▲ 10% vs 2022 (€ 103,038,380) Unchanged	€ 122,164,260 Balance sheet total 2024: € 122,164,260 ▲ 8% vs 2023 (€ 113,182,292) Unchanged	€ 132,723,908 Balance sheet total 2025: € 132,723,908 ▲ 9% vs 2024 (€ 122,164,260) Unchanged	▲ 9%

Key figures of TrustCapital, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.

What happened to TrustCapital?

What happened at TrustCapital in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:

2029 Stéphane Vlaemminck stepped down as director. NBB
2029 Hilde Famaey stepped down as director. NBB
2028 Christian Dumolin stepped down as director. NBB
Jun 30, 2026 New annual accounts for financial year 2025: profit of € 6.8 million (▲ € 5.4 million vs 2024). Source: NBB ↗
2024 Stéphane Vlaemminck became a director. NBB
2024 Hilde Famaey became a director. NBB
Jul 15, 1998 New establishment in Kortrijk. KBO
1998 Christian Dumolin became a director. NBB

In short

From € 10.7 million profit in 2022 to € 6.8 million profit in 2025.

Best year ever: 2022, with € 10.7 million profit.

Paid out € 3 million in dividends to the owners in total.

Pays suppliers within 97 days on average.

Original PDFs at the National Bank ↗

Management

KORAMIC INVESTMENTS 100%

Koramic Capital 100%

The stake of KORAMIC INVESTMENTS, Koramic Capital comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

TrustCapital

HALLEX 30%

FORPAR 29.4%

TCAP HOLDING SAS 26%

ARGON SELECTIE 21.9%

The shares are held by KORAMIC INVESTMENTS (100%) and Koramic Capital (100%). It owns 30% of HALLEX, 29.4% of FORPAR, 26% of TCAP HOLDING SAS, 21.9% of ARGON SELECTIE, 20.5% of PLAY IT and 15% of TR INDUSTRIES itself.

Directors

According to the 2025 annual accounts

Christian Dumolin

Director, Chairman of the board, Managing director

Also active at: KORAMIC DEVELOPMENT, KORAMIC REAL ESTATE INVESTMENT, Hallex, KORAMIC INVESTMENTS, CREASET, PATRIMCOUR, LESSIUS, Koramic Capital +21 more

since 1998 · until 2028

Stéphane Vlaemminck

Director

Also active at: NEDZINK, Koramic Real Estate, LAMIFIL, LESSIUS, Koramic Capital, KORAMIC INVEST, KORACHEM, Koramic Finance Company +6 more

since 2024 · until 2029

Hilde Famaey

Director, Managing director

Also active at: Koramic Real Estate, KORAMIC INVESTMENTS, ASSEMBLICS, Koramic Capital, VITALO INDUSTRIES, KORAMIC CORPORATE FINANCE, Assemblics International, Participatiemaatschappij Vlaanderen +16 more

since 2024 · until 2029

Shareholders

KORAMIC INVESTMENTS

100%

Koramic Capital

100%

Participations

HALLEX

30%

FORPAR

29.4%

TCAP HOLDING SAS

26%

ARGON SELECTIE

21.9%

PLAY IT

20.5%

TR INDUSTRIES

15%

Establishments

Establishment units

Physical locations of this company

Registered office

Kapel ter Bede(Kor) 84

8500 Kortrijk

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 26 companies are registered at this address.

All companies at this address →

KORAMIC DEVELOPMENT PROJECTS same network

€ 24.1 million revenue · 2025

Koramic Real Estate same network

€ 30.3 million revenue · 2025

KORAMIC INVESTMENTS same network

€ 3.8 million revenue · 2025

DeliBarn Immo

LESSIUS same network

€ -49,332 gross margin · 2025

+21 more

What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.

Details

Company number: 0403.240.282
VAT number: BE 0403.240.282
Registered office: Kapel ter Bede(Kor) 84, 8500 Kortrijk
Names & denominations: TrustCapital
Enterprise type: Rechtspersoon
Legal form: Public limited company
Legal situation: Normale toestand
Start date: 1 January 1968
Peppol: Active · Active since 15 Dec 2025

View on CBE Public ↗ Annual accounts (NBB) ↗