Warning lights
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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Negative equity NBB
More debt than assets in 4 of the last 4 fiscal years.
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Tight liquidity NBB
Cash and receivables cover 6 % of short-term debt in 2025; threshold 65 %.
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Not on Peppol Peppol
Not registered in the Peppol network, mandatory for VAT-liable companies since 1 January 2026.
Financials
Financial year 2025
Coussement & Van De Ginste from Tielt, company number BE0405173156, closed financial year 2025 with a result of € -8,460 after tax. For that financial year Coussement & Van De Ginste recorded a gross margin of € 17,090 and equity of € -53,111. Compared with financial year 2024, the result moved from € 4,933 to € -8,460. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on January 8, 2026.
€ -53,111
▼ € 8,460 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,460
▼ still € 4,933 profit in 2024
Profit after tax over the fiscal year.
€ 4,033
▲ 26% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -71,711.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 28,859
▼ 23% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 266,850
▼ 1% vs 2024
€ 3,209 is repaid this year. At this pace the long-term loan is gone in ≈ 83 years.
€ 645
▲ 14% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 6,758 | € 9,319 | € 27,830 | € 17,090 | ▼ 39% |
| Profit after taxes | € -14,681 | € -7,570 | € 4,933 | € -8,460 | ▼ € 13,393 |
| Equity | € -42,013 | € -49,584 | € -44,651 | € -53,111 | ▼ € 8,460 |
| Total debts | € 323,714 | € 314,601 | € 335,925 | € 326,950 | ▼ 3% |
| Cash | € 10,689 | € 3,783 | € 3,208 | € 4,033 | ▲ 26% |
| Land & buildings | € 270,379 | € 260,568 | € 250,757 | € 240,946 | ▼ 4% |
| Retained profit | € -60,613 | € -68,184 | € -63,251 | € -71,711 | ▼ € 8,460 |
| Bank debt | € 245,825 | € 233,089 | € 269,999 | € 266,850 | ▼ 1% |
| Balance sheet total | € 281,700 | € 265,018 | € 291,274 | € 273,838 | ▼ 6% |
Key figures of Coussement & Van De Ginste, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 January 2027.
What happened to Coussement & Van De Ginste?
What happened at Coussement & Van De Ginste in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 8,460 (▼ € 13,393 vs 2024). Source: NBB ↗
- Start of the company according to the CBE. KBO
- New establishment in Tielt. KBO
In short
From € 14,681 loss in 2022 to € 8,460 loss in 2025.
Paid € 2,106 in corporate taxes since 2022.
Best year ever: 2024, with € 4,933 profit.
Management
Behind Coussement & Van De Ginste is Dirk Van De Ginste.
Directors
According to the 2025 annual accounts
Dirk Van De Ginste
Director
Establishments
Establishment units
Physical locations of this company
Felix D'Hoopstraat 168
8700 Tielt
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0405.173.156
- VAT number
- BE 0405.173.156
- Registered office
- Felix D'Hoopstraat 168, 8700 Tielt
- Names & denominations
- Coussement & Van De Ginste
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 January 1968
- Peppol
- Not registered