Financials
Financial year 2025
BRUSTOR from Wevelgem, company number BE0435751318, closed financial year 2025 with a result of € 20.7 million after tax. For that financial year BRUSTOR recorded revenue of € 102.6 million and equity of € 123.7 million. Compared with financial year 2023, the result moved from € 17.8 million to € 20.7 million. 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 August 11, 2026.
€ 123.7 million
▲ 19% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 20.7 million
▲ 16% vs 2023
Profit after tax over the fiscal year.
€ 35.5 million
▲ 55% vs 2023
Cash and bank balances on the last day of the fiscal year.
€ 5 million paid out
24 % of the profit went to the shareholders, mostly to LISACO HOLDING (76 % of the shares). That is where the money ends up.
People and assets in 2025
263.5
▼ 4.5 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 17.1 million
€ 64,800 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.
€ 1.7 million
▲ 20% vs 2023
Of which on lease € 263,992.
Debts at end 2025
€ 240,925
▲ 72% vs 2023
€ 99,899 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 8.8 million
▲ 39% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 2.5 million
▼ 4% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2025 | Change 2023 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 120,700,402 | € 119,300,999 | € 108,238,609 | € 102,626,186 | ▼ 5% |
| Gross margin | € 46,675,580 | € 45,292,293 | € 40,954,401 | € 39,885,941 | ▼ 3% |
| Profit after taxes | € 24,726,393 | € 22,289,047 | € 17,843,767 | € 20,666,280 | ▲ 16% |
| Equity | € 73,798,571 | € 91,087,618 | € 103,931,385 | € 123,701,220 | ▲ 19% |
| Total debts | € 16,859,179 | € 13,555,208 | € 14,204,274 | € 16,534,266 | ▲ 16% |
| Cash | € 26,981,545 | € 29,940,601 | € 22,961,763 | € 35,499,235 | ▲ 55% |
| Land & buildings | € 5,387,599 | € 5,099,620 | € 5,490,773 | € 4,433,049 | ▼ 19% |
| Retained profit | € 69,734,271 | € 87,023,318 | € 99,867,085 | € 119,653,617 | ▲ 20% |
| Dividend | € 5,000,000 | € 5,000,000 | € 5,000,000 | € 5,000,000 | |
| Bank debt | € 171,767 | € 221,083 | € 140,365 | € 240,925 | ▲ 72% |
| Balance sheet total | € 90,707,749 | € 104,692,825 | € 118,185,659 | € 140,285,486 | ▲ 19% |
| Employees (FTE) | 237.4 | 262.4 | 268 | 263.5 | ▼ 4.5 |
Key figures of BRUSTOR, fiscal years 2021 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 BRUSTOR?
What happened at BRUSTOR in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Isabelle Stichelbout stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 20.7 million (▲ 16% vs 2023). filed late Source: NBB ↗
- New establishment in Kortrijk. KBO
- Isabelle Stichelbout became a director. NBB
- New establishment in Wevelgem. KBO
- New establishment in Wervik. KBO
- Start of the company according to the CBE. KBO
In short
From € 24.7 million profit in 2021 to € 20.7 million profit in 2025.
Paid € 16.5 million in corporate taxes since 2021.
Best year ever: 2021, with € 24.7 million profit.
On average € 151,400 of value added per employee in 2025.
Management
The stake of LISACO HOLDING, TWINVEST HOLDING comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
BRUSTORBehind BRUSTOR are LIBEL NV and WHITE HALL NV. The shares are held by LISACO HOLDING (76%) and TWINVEST HOLDING (24%). It owns 100% of Brustor US Holding Inc. itself.
Directors
According to the 2025 annual accounts
Managing director · represented by Lieven Brutsaert
Shareholders
76%
24%
Participations
Brustor US Holding Inc.
100%
Establishments
Establishment units
Physical locations of this company
Muizelstraat 20
8560 Wevelgem
Lourdesstraat 84
8940 Wervik
Active since 27 August 1997
Evolis(Kor) 90
8500 Kortrijk
Active since 1 May 2026
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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.
Website
Technologies
Hosting & Email
Email provider
Microsoft 365
Hosting
COMBELL-AS, BE
Domain
Domain
brustor.com
Registered
1998-10-16
Registrar
Combell NV
Expires
2027-10-15
Website info
Features
Security
Details
- Company number
- 0435.751.318
- VAT number
- BE 0435.751.318
- Registered office
- Muizelstraat 20, 8560 Wevelgem
- Names & denominations
- BRUSTOR
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 4 November 1988
- Peppol
- Active · Active since 1 Jan 2001
- Contact
- brustor.com
- Activities · NACE
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