What does TRUSTIM do?

TRUSTIM is a property company in Brussel. Private Limited, started on 6 February 1987, 1 establishment.

What is the address of TRUSTIM?

The registered office of TRUSTIM is located at Franklin Rooseveltlaan 112 box 5, 1050 Brussel.

Is TRUSTIM still active?

Yes. According to the CBE (31 October 2026) TRUSTIM is active, legal situation “Normale toestand”, started on 6 February 1987.

Is TRUSTIM registered on Peppol?

Yes, TRUSTIM is registered on the Peppol network with ID 0208:0430391869.

What is the enterprise number of TRUSTIM?

The enterprise number of TRUSTIM is BE0430391869.

When was TRUSTIM founded?

TRUSTIM was founded on 6 February 1987.

Who are the directors of TRUSTIM?

According to the 2025 annual accounts, the directors of TRUSTIM are: ALEXANDRE GELFGED, OLIVIER GELFGED.

Is TRUSTIM a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 6 February 1987; 5 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account.

How much profit did TRUSTIM make in 2025?

TRUSTIM posted a profit after taxes of € 133,158 in financial year 2025.

What is the revenue of TRUSTIM?

As a small company, TRUSTIM is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 248,705.

TRUSTIM (Private Limited) - Brussel - BE0430391869

Dossier TRUSTIM, printed on 1 November 2026 from databakkes.be/en/0430391869/trustim. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

Financials

Financial year 2025

TRUSTIM from Brussel, company number BE0430391869, closed financial year 2025 with a result of € 133,158 after tax. For that financial year TRUSTIM recorded a gross margin of € 248,705 and equity of € 268,306. Compared with financial year 2024, the result moved from € 134,485 to € 133,158. 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 April 8, 2026.

What it is worth Growing

€ 268,306

▲ 37% vs 2024

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

Profit Healthy

€ 133,158

▼ 1% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 289,912

▲ 35% vs 2024

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

Where the profit goes Pays out

€ 60,000 paid out

45 % of the profit went to the shareholders, the rest stayed in the company.

People and assets in 2025

Wage cost

€ 35,421

▲ 28% vs 2024

Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.

Vehicles and equipment

€ 42,792

▲ € 33,907 vs 2024

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 3 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 25,248

▲ € 21,858 vs 2024

€ 7,310 is repaid this year. At this pace the long-term loan is gone in ≈ 3 years.

Owed to suppliers

€ 7,737

▲ 134% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes and wages

€ 37,398

▲ 28% vs 2024

Taxes, VAT and social contributions still to pay.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 87,310 Gross margin 2022: € 87,310 First fiscal year in the series	€ 90,417 Gross margin 2023: € 90,417 ▲ 4% vs 2022 (€ 87,310) Favourable step	€ 216,667 Gross margin 2024: € 216,667 ▲ 140% vs 2023 (€ 90,417) Favourable step	€ 248,705 Gross margin 2025: € 248,705 ▲ 15% vs 2024 (€ 216,667) Favourable step	▲ 15%
Profit after taxes	€ 54,288 Profit after taxes 2022: € 54,288 First fiscal year in the series	€ 34,671 Profit after taxes 2023: € 34,671 ▼ 36% vs 2022 (€ 54,288) Unfavourable step	€ 134,485 Profit after taxes 2024: € 134,485 ▲ 288% vs 2023 (€ 34,671) Favourable step	€ 133,158 Profit after taxes 2025: € 133,158 ▼ 1% vs 2024 (€ 134,485) Unfavourable step	▼ 1%
Equity	€ 140,992 Equity 2022: € 140,992 First fiscal year in the series	€ 145,663 Equity 2023: € 145,663 ▲ 3% vs 2022 (€ 140,992) Favourable step	€ 195,148 Equity 2024: € 195,148 ▲ 34% vs 2023 (€ 145,663) Favourable step	€ 268,306 Equity 2025: € 268,306 ▲ 37% vs 2024 (€ 195,148) Favourable step	▲ 37%
Total debts	€ 93,580 Total debts 2022: € 93,580 First fiscal year in the series	€ 52,624 Total debts 2023: € 52,624 ▼ 44% vs 2022 (€ 93,580) Favourable step	€ 121,433 Total debts 2024: € 121,433 ▲ 131% vs 2023 (€ 52,624) Unfavourable step	€ 130,661 Total debts 2025: € 130,661 ▲ 8% vs 2024 (€ 121,433) Unfavourable step	▲ 8%
Cash	€ 158,147 Cash 2022: € 158,147 First fiscal year in the series	€ 140,633 Cash 2023: € 140,633 ▼ 11% vs 2022 (€ 158,147) Unfavourable step	€ 214,019 Cash 2024: € 214,019 ▲ 52% vs 2023 (€ 140,633) Favourable step	€ 289,912 Cash 2025: € 289,912 ▲ 35% vs 2024 (€ 214,019) Favourable step	▲ 35%
Land & buildings	€ 250,916 Land & buildings 2022: € 250,916 First fiscal year in the series	€ 225,625 Land & buildings 2023: € 225,625 ▼ 10% vs 2022 (€ 250,916) Unchanged	€ 224,868 Land & buildings 2024: € 224,868 Unchanged (€ 225,625) Unchanged	€ 222,234 Land & buildings 2025: € 222,234 ▼ 1% vs 2024 (€ 224,868) Unchanged	▼ 1%
Retained profit	€ 122,392 Retained profit 2022: € 122,392 First fiscal year in the series	€ 127,063 Retained profit 2023: € 127,063 ▲ 4% vs 2022 (€ 122,392) Favourable step	€ 176,548 Retained profit 2024: € 176,548 ▲ 39% vs 2023 (€ 127,063) Favourable step	€ 249,706 Retained profit 2025: € 249,706 ▲ 41% vs 2024 (€ 176,548) Favourable step	▲ 41%
Dividend	€ 44,000 Dividend 2022: € 44,000 First fiscal year in the series	€ 30,000 Dividend 2023: € 30,000 ▼ 32% vs 2022 (€ 44,000) Unchanged	€ 85,000 Dividend 2024: € 85,000 ▲ 183% vs 2023 (€ 30,000) Unchanged	€ 60,000 Dividend 2025: € 60,000 ▼ 29% vs 2024 (€ 85,000) Unchanged	▼ 29%
Bank debt	€ 4,071 Bank debt 2022: € 4,071 First fiscal year in the series	€ 3,369 Bank debt 2023: € 3,369 ▼ 17% vs 2022 (€ 4,071) Favourable step	€ 3,390 Bank debt 2024: € 3,390 ▲ 1% vs 2023 (€ 3,369) Unfavourable step	€ 25,248 Bank debt 2025: € 25,248 ▲ € 21,858 vs 2024 (€ 3,390) Unfavourable step	▲ € 21,858
Balance sheet total	€ 439,635 Balance sheet total 2022: € 439,635 First fiscal year in the series	€ 393,257 Balance sheet total 2023: € 393,257 ▼ 11% vs 2022 (€ 439,635) Unchanged	€ 501,649 Balance sheet total 2024: € 501,649 ▲ 28% vs 2023 (€ 393,257) Unchanged	€ 571,973 Balance sheet total 2025: € 571,973 ▲ 14% vs 2024 (€ 501,649) Unchanged	▲ 14%

Key figures of TRUSTIM, 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 TRUSTIM?

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

Apr 8, 2026 New annual accounts for financial year 2025: profit of € 133,158 (▼ 1% vs 2024). Source: NBB ↗
2023 ALEXANDRE GELFGED became a director. NBB
2023 OLIVIER GELFGED became a director. NBB
Feb 19, 1987 New establishment in Brussel. KBO
Feb 6, 1987 Start of the company according to the CBE. KBO

In short

From € 54,288 profit in 2022 to € 133,158 profit in 2025.

Paid € 132,971 in corporate taxes since 2022.

Best year ever: 2024, with € 134,485 profit.

Paid out € 219,000 in dividends to the owners in total.

Original PDFs at the National Bank ↗

Management

ALEXANDRE GELFGED OLIVIER GELFGED

TRUSTIM

Behind TRUSTIM are ALEXANDRE GELFGED and OLIVIER GELFGED.

Directors

According to the 2025 annual accounts

ALEXANDRE GELFGED

Director

since 2023

OLIVIER GELFGED

Director

since 2023

Establishments

Establishment units

Physical locations of this company

Registered office

Franklin Rooseveltlaan 112 box 5

1050 Brussel

2.102.626.933

Franklin Rooseveltlaan 112

1050 Brussel

Active since 19 February 1987

Who else lives here?

A building full of entrepreneurs or one very busy letterbox? Another 6 companies are registered at this address.

All companies at this address →

Arnold Van Den Berg Company

T.I.M.E. Cleaner

MJN HOLDCO

€ 89,262 gross margin · 2025

Hyphen

Cham Consulting Group

+1 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

0430.391.869

VAT number

BE 0430.391.869

Registered office

Franklin Rooseveltlaan 112 bus 5, 1050 Brussel

Names & denominations

TRUSTIM

Enterprise type

Rechtspersoon

Legal form

Private limited company

Legal situation

Normale toestand

Start date

6 February 1987

Peppol

Active · Active since 20 Nov 2020

Activities · NACE

Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen

Bemiddeling in verband met exploitatie van en handel in 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

View on CBE Public ↗ Annual accounts (NBB) ↗

TRUSTIM

Financials

What happened to TRUSTIM?

Management

Directors

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions