Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 2 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
INSUMAT from Gent, company number BE0437119216, closed financial year 2025 with a result of € -6,465 after tax. For that financial year INSUMAT recorded a gross margin of € 658,023 and equity of € 2.1 million. Compared with financial year 2024, the result moved from € -73,040 to € -6,465. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 30, 2026.
€ 2.1 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -6,465
▲ 91 % less loss than in 2024
Profit after tax over the fiscal year.
€ 50,278
▼ 58% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 1.6 million.
People and assets in 2025
1
Average over the fiscal year, from the social balance sheet.
€ 52,548
€ 52,500 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.
€ 176,847
▼ 31% vs 2024
Of which on lease € 38,088.
Debts at end 2025
€ 5.5 million
▼ 7% vs 2024
€ 2.7 million is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 1,770
▼ 79% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 27,684
▲ 34% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 505,416 | € 401,496 | € 534,847 | € 658,023 | ▲ 23% |
| Profit after taxes | € 82,839 | € 226,179 | € -73,040 | € -6,465 | ▲ € 66,575 |
| Equity | € 1,923,836 | € 2,150,015 | € 2,076,975 | € 2,070,510 | |
| Total debts | € 4,822,216 | € 8,169,537 | € 7,969,481 | € 7,536,745 | ▼ 5% |
| Cash | € 113,327 | € 34,572 | € 120,143 | € 50,278 | ▼ 58% |
| Land & buildings | € 5,803,381 | € 9,960,571 | € 9,707,500 | € 9,444,617 | ▼ 3% |
| Retained profit | € 1,458,571 | € 1,684,750 | € 1,611,710 | € 1,605,245 | |
| Dividend | € 168,848 | € 0 | € 0 | € 0 | |
| Bank debt | € 2,750,864 | € 6,107,715 | € 5,892,929 | € 5,480,555 | ▼ 7% |
| Balance sheet total | € 6,849,465 | € 10,437,201 | € 10,155,785 | € 9,708,224 | ▼ 4% |
| Employees (FTE) | 1 | 1 | 1 | 1 |
Key figures of INSUMAT, 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 INSUMAT?
What happened at INSUMAT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 6,465. Source: NBB ↗
- Alexandre Huyghe stepped down as director. NBB
- Benoît Huyghe stepped down as director. NBB
- Sophie Maes stepped down as director. NBB
- Patrick Huyghe stepped down as director. NBB
- Alexandre Huyghe became a director. NBB
- Benoît Huyghe became a director. NBB
- Sophie Maes became a director. NBB
In short
From € 82,839 profit in 2022 to € 6,465 loss in 2025.
Paid € 114,913 in corporate taxes since 2022.
Best year ever: 2023, with € 226,179 profit.
On average € 658,000 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Alexandre Huyghe
Director
Also active at: Good Life Canal, Revive World, ALIDES REAL ESTATE INVESTMENT AND MANAGEMENT, RUISBROEK KERN LAND, The Good Life Fund, DENDER DEVELOPMENT II, Ninja Club, Good Life Ekla +19 more
since 2016 · until 2026
Benoît Huyghe
Director
since 2016 · until 2026
Sophie Maes
Managing director
since 2016 · until 2026
Patrick Huyghe
Managing director
since 2016 · until 2026
Establishments
Establishment units
Physical locations of this company
Moutstraat 61
9000 Gent
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0437.119.216
- VAT number
- BE 0437.119.216
- Registered office
- Moutstraat 61, 9000 Gent
- Names & denominations
- INSUMAT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 March 1989
- Peppol
- Active · Active since 3 Dec 2025
- Activities · NACE
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Handel in eigen onroerend goed
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