Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 18.7 to 16.7.
Financials
Financial year 2025
Duthoo-Costeur from Kortrijk, company number BE0412821409, closed financial year 2025 with a result of € 80,082 after tax. For that financial year Duthoo-Costeur recorded a gross margin of € 1.4 million and equity of € 2.3 million. Compared with financial year 2024, the result moved from € 118,070 to € 80,082. The company is profitable. 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 July 23, 2026.
€ 2.3 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 80,082
▼ 32% vs 2024
Profit after tax over the fiscal year.
€ 682,150
▲ 16% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € 1.8 million.
People and assets in 2025
16.7
▼ 1.7 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.1 million
▼ 12% vs 2024
€ 62,900 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.
€ 10,528
▼ 58% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 327,524
▼ 36% vs 2024
€ 121,789 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.
€ 43,052
▲ 85% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 169,600
▼ 9% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 1,472,693 | € 1,690,179 | € 1,602,545 | € 1,412,978 | ▼ 12% |
| Profit after taxes | € 204,920 | € 180,879 | € 118,070 | € 80,082 | ▼ 32% |
| Equity | € 2,098,263 | € 2,179,142 | € 2,197,212 | € 2,277,294 | ▲ 4% |
| Total debts | € 1,872,603 | € 1,788,317 | € 1,511,271 | € 931,969 | ▼ 38% |
| Cash | € 647,959 | € 547,061 | € 586,657 | € 682,150 | ▲ 16% |
| Land & buildings | € 1,246,198 | € 1,319,054 | € 1,203,300 | € 1,077,047 | ▼ 10% |
| Retained profit | € 1,583,263 | € 1,664,142 | € 1,682,212 | € 1,762,294 | ▲ 5% |
| Dividend | € 100,000 | € 100,000 | € 100,000 | € 0 | ▼ 100% |
| Bank debt | € 945,970 | € 728,838 | € 510,201 | € 327,524 | ▼ 36% |
| Balance sheet total | € 3,970,865 | € 3,967,459 | € 3,708,483 | € 3,209,263 | ▼ 13% |
| Employees (FTE) | 18.4 | 18.7 | 18.4 | 16.7 | ▼ 1.7 |
Key figures of Duthoo-Costeur, 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 Duthoo-Costeur?
What happened at Duthoo-Costeur in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Beatrijs Nuyttens stepped down as director. NBB
- Guy Duthoo stepped down as director. NBB
- Moab BV stepped down as director. NBB
- Marinique BV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 80,082 (▼ 32% vs 2024). Source: NBB ↗
- Beatrijs Nuyttens became a director. NBB
- Guy Duthoo became a director. NBB
- Moab BV became a director. NBB
In short
From € 204,920 profit in 2022 to € 80,082 profit in 2025.
Paid € 106,480 in corporate taxes since 2022.
Best year ever: 2022, with € 204,920 profit.
On average € 84,600 of value added per employee in 2025.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
Directors
According to the 2025 annual accounts
Beatrijs Nuyttens
Director
since 2025 · until 2030
Guy Duthoo
Managing director
since 2025 · until 2030
Managing director · represented by Séverine Duthoo
since 2025 · until 2030
Managing director · represented by Dominique Duthoo
since 2025 · until 2030
Establishments
Establishment units
Physical locations of this company
Sint-Rochuslaan(Kor) 19
8500 Kortrijk
Ovenstraat 4
8800 Roeselare
Active since 28 May 2014
Torhoutsesteenweg 454
8400 Oostende
Active since 1 October 2014
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0412.821.409
- VAT number
- BE 0412.821.409
- Registered office
- Sint-Rochuslaan(Kor) 19, 8500 Kortrijk
- Names & denominations
- Duthoo-Costeur
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 11 December 1972
- Peppol
- Active · Active since 7 May 2025
- Activities · NACE
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Groothandel in bouwmaterialen, algemeen assortiment
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair