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Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Busy address KBO
12 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
CEUSTERS from Antwerpen, company number BE0404697064, closed financial year 2025 with a result of € 1 million after tax. For that financial year CEUSTERS recorded revenue of € 29.7 million and equity of € 4.1 million. Compared with financial year 2024, the result moved from € 1 million to € 1 million. Profitable, and profit is growing. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on May 4, 2026.
€ 4.1 million
▲ 10% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1 million
Profit after tax over the fiscal year.
€ 7.3 million
▼ 22% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 641,674 paid out
63 % of the profit went to the shareholders, mostly to C&W Services (100 % of the shares). That is where the money ends up.
People and assets in 2025
76.3
▲ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 7.4 million
▲ 6% vs 2024
€ 97,300 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 175,514
▼ 21% vs 2024
Of which on lease € 99,545.
Debts at end 2025
€ 583,190
▼ 27% vs 2024
€ 230,272 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 4.4 million
▼ 4% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 77 days on average.
€ 2.3 million
▼ 5% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 26,078,730 | € 28,534,429 | € 29,031,481 | € 29,725,130 | ▲ 2% |
| Profit after taxes | € 962,040 | € 711,853 | € 1,010,126 | € 1,011,674 | |
| Equity | € 3,050,019 | € 3,350,019 | € 3,700,019 | € 4,070,019 | ▲ 10% |
| Total debts | € 10,261,560 | € 12,051,101 | € 14,447,508 | € 12,887,655 | ▼ 11% |
| Cash | € 6,506,277 | € 6,166,976 | € 9,358,389 | € 7,303,977 | ▼ 22% |
| Retained profit | € 2,550,019 | € 2,850,019 | € 3,200,019 | € 3,570,019 | ▲ 12% |
| Dividend | € 650,000 | € 411,853 | € 660,126 | € 641,674 | ▼ 3% |
| Bank debt | € 528,560 | € 414,272 | € 796,380 | € 583,190 | ▼ 27% |
| Balance sheet total | € 13,311,579 | € 15,401,120 | € 18,147,527 | € 16,957,674 | ▼ 7% |
| Employees (FTE) | 70.1 | 72.2 | 74.7 | 76.3 | ▲ 1.6 |
Key figures of CEUSTERS, 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 CEUSTERS?
What happened at CEUSTERS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1 million. Source: NBB ↗
- Somabri BV stepped down as director. NBB
- Katja Borgerhoff stepped down as director. NBB
- Inhu BV stepped down as director. NBB
- ZOOOM BV stepped down as director. NBB
- Ithaki Advies Comm V. stepped down as director. NBB
- Geron Management & Consulting BV stepped down as director. NBB
- Geron Management & Consulting BV became a director. NBB
In short
From € 962,040 profit in 2022 to € 1 million profit in 2025.
Paid € 1.7 million in corporate taxes since 2022.
Best year ever: 2025, with € 1 million profit.
Paid out € 2.4 million in dividends to the owners in total.
Management
The stake of C&W Services, Inhu, LavaRes comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CEUSTERSThe shares are held by C&W Services (100%), Inhu (68.1%) and LavaRes (1.5%). It owns 100% of Docks Management and 99.5% of HCS Real Estate Management BV itself.
Directors
According to the 2025 annual accounts
since 2018 · until 2026
Katja Borgerhoff
Director
since 2021 · until 2026
Managing director · represented by Ingrid Ceusters-Luyten
Also active at: HCS Real Estate Management
since 2013 · until 2026
Director · represented by Jan De Kesel
since 2019 · until 2026
Geron Management & Consulting BV
Director · represented by Stephan Géron
since 2025 · until 2026
Shareholders
Participations
Establishments
Establishment units
Physical locations of this company
Uitbreidingstraat 72 box b2
2600 Antwerpen
Uitbreidingstraat 72 box 2
2600 Antwerpen
Active since 1 February 1943
Rijvisschestraat 124
9052 Gent
Active since 8 November 2018
Kempische steenweg 311 box 2.12
3500 Hasselt
Active since 8 November 2018
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 12 companies are registered at this address.
All companies at this address →GRANT THORNTON EFFICIËNTIA
€ 3,943 gross margin · 2025
GRANT THORNTON BEDRIJFSREVISOREN - REVISEURS D'ENTREPRISES
€ 17.4 million revenue · 2025
Grant Thornton Accountancy, Tax & Legal
€ 20.5 million revenue · 2025
Grant Thornton Forensic & Integrity Services
€ 16,242 gross margin · 2025
GRANT THORNTON BELGIUM
€ 2.5 million gross margin · 2025
+7 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
- 0404.697.064
- VAT number
- BE 0404.697.064
- Registered office
- Uitbreidingstraat 72 bus b2, 2600 Antwerpen
- Names & denominations
- CEUSTERS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 February 1943
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
Bemiddeling in verband met exploitatie van en handel in onroerend goed
Activiteiten van syndici van onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed
Bemiddeling bij de aankoop, verkoop en verhuur van onroerend goed voor een vast bedrag of op contractbasis
Beheer van niet-residentieel onroerend goed voor een vast bedrag of op contractbasis
Handelsbemiddeling in de groothandel in andere specifieke goederen
Schatten en evalueren van onroerend goed voor een vast bedrag of op contractbasis
Beheer van residentieel onroerend goed voor een vast bedrag of op contractbasis