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 29.6 to 26.6.
Financials
Financial year 2025
GUSTAAF CUYLAERTS from Lille, company number BE0417056547, closed financial year 2025 with a result of € 20,273 after tax. For that financial year GUSTAAF CUYLAERTS recorded a gross margin of € 2 million and equity of € 2.9 million. Compared with financial year 2024, the result moved from € -32,055 to € 20,273. 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 July 2, 2026.
€ 2.9 million
▲ 1% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20,273
▲ still € 32,055 loss in 2024
Profit after tax over the fiscal year.
€ 1 million
▼ 14% 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 € 2.8 million.
People and assets in 2025
26.6
▼ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1.7 million
▲ 5% vs 2024
€ 62,100 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.
€ 384,837
▼ 36% vs 2024
Of which on lease € 210,214.
Debts at end 2025
€ 213,756
▼ 44% vs 2024
€ 157,567 is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 775,830
▼ 19% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 157,409
▲ 24% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 10,321,322 | € 14,643,270 | € 7,699,831 | - | |
| Gross margin | - | - | € 1,910,039 | € 2,028,433 | ▲ 6% |
| Profit after taxes | € 250,791 | € 977,901 | € -32,055 | € 20,273 | ▲ € 52,328 |
| Equity | € 2,655,559 | € 2,893,460 | € 2,861,405 | € 2,881,678 | ▲ 1% |
| Total debts | € 2,484,146 | € 2,846,234 | € 1,910,091 | € 1,294,174 | ▼ 32% |
| Cash | € 2,061,541 | € 3,272,126 | € 1,171,722 | € 1,008,412 | ▼ 14% |
| Land & buildings | € 108,567 | € 92,867 | € 167,247 | € 144,946 | ▼ 13% |
| Retained profit | € 2,568,559 | € 2,806,460 | € 2,774,405 | € 2,794,678 | ▲ 1% |
| Dividend | € 0 | € 740,000 | € 0 | € 0 | |
| Bank debt | € 820,975 | € 583,424 | € 380,292 | € 213,756 | ▼ 44% |
| Balance sheet total | € 5,178,482 | € 5,776,137 | € 4,802,605 | € 4,204,628 | ▼ 12% |
| Employees (FTE) | 28.3 | 29.6 | 28.2 | 26.6 | ▼ 1.6 |
Key figures of GUSTAAF CUYLAERTS, 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 GUSTAAF CUYLAERTS?
What happened at GUSTAAF CUYLAERTS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 20,273. Source: NBB ↗
- VT-Invest BV became a director. NBB
- VT-Industrial NV became a director. NBB
- Comsa BV became a director. NBB
- Cetgo BV became a director. NBB
- New establishment in Lille. KBO
- Start of the company according to the CBE. KBO
In short
From € 250,791 profit in 2022 to € 20,273 profit in 2025.
Paid € 141,147 in corporate taxes since 2022.
Best year ever: 2023, with € 977,901 profit.
On average € 76,300 of value added per employee in 2025.
Management
The stake of VT-INDUSTRIAL comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
GUSTAAF CUYLAERTSBehind GUSTAAF CUYLAERTS are VT-Invest BV, VT-Industrial NV, Comsa BV and Cetgo BV. The shares are held by VT-INDUSTRIAL (90%).
Directors
According to the 2025 annual accounts
Director · represented by Dirk Van Tornhaut
Also active at: Algemene Ondernemingen Van Tornhaut, KORLAM, VT-RESIDENTIAL, V - SYSTEMS, COBATIM, STABIL, STECHO, Harold Kindt Project Management +15 more
since 2024
Director · represented by Wouter Spegelaere
Also active at: KORLAM, VCS STEEL, SPANBO, VAN DE WALLE INDUSTRIAL BUILDING CONTRACTOR
since 2024
Shareholders
90%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Balsakker 54
2275 Lille
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0417.056.547
- VAT number
- BE 0417.056.547
- Registered office
- Balsakker 54, 2275 Lille
- Names & denominations
- GUSTAAF CUYLAERTS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 8 April 1977
- Peppol
- Active · Active since 22 Aug 2025
- Contact
- [email protected]
- Activities · NACE
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