Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Tight liquidity NBB
Cash and receivables cover 12 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TRUST from Beveren-Kruibeke-Zwijndrecht, company number BE0438705759, closed financial year 2025 with a result of € 7,466 after tax. For that financial year TRUST recorded a gross margin of € 70,246 and equity of € 377,674. Compared with financial year 2024, the result moved from € 11,417 to € 7,466. 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 3, 2026.
€ 377,674
▲ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 7,466
▼ 35% vs 2024
Profit after tax over the fiscal year.
€ 14,819
▼ 78% 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 € 282,227.
People and assets in 2025
€ 41
▼ 50% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 77,306
▼ 32% vs 2024
€ 43,694 is repaid this year. At this pace the long-term loan is gone in ≈ 2 years.
€ 2,190
▲ € 1,884 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 3,631
▼ 85% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 80,994 | € 90,108 | € 88,164 | € 70,246 | ▼ 20% |
| Profit after taxes | € 7,001 | € -2,260 | € 11,417 | € 7,466 | ▼ 35% |
| Equity | € 383,050 | € 370,791 | € 370,208 | € 377,674 | ▲ 2% |
| Total debts | € 330,980 | € 287,692 | € 263,117 | € 165,541 | ▼ 37% |
| Cash | € 80,691 | € 48,631 | € 68,280 | € 14,819 | ▼ 78% |
| Land & buildings | € 680,981 | € 630,780 | € 585,825 | € 540,843 | ▼ 8% |
| Retained profit | € 287,603 | € 275,344 | € 274,761 | € 282,227 | ▲ 3% |
| Dividend | € 0 | € 10,000 | € 12,000 | € 0 | ▼ 100% |
| Bank debt | € 194,945 | € 154,611 | € 114,278 | € 77,306 | ▼ 32% |
| Balance sheet total | € 770,479 | € 683,757 | € 656,366 | € 556,604 | ▼ 15% |
Key figures of TRUST, 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 TRUST?
What happened at TRUST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 7,466 (▼ 35% vs 2024). Source: NBB ↗
- Wim Van Breuseghem became a director. NBB
- New establishment in Beveren-Kruibeke-Zwijndrecht. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,001 profit in 2022 to € 7,466 profit in 2025.
Paid € 67,307 in corporate taxes since 2022.
Best year ever: 2024, with € 11,417 profit.
Paid out € 22,000 in dividends to the owners in total.
A new publication or filing at TRUST? We notify you, reason included.
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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
Behind TRUST is Wim Van Breuseghem. Wim Van Breuseghem is also behind MUSIC LOVER.
Directors
According to the 2025 annual accounts
since 2025
Establishments
Establishment units
Physical locations of this company
Yzerhand(BEV) 25
9120 Beveren-Kruibeke-Zwijndrecht
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0438.705.759
- VAT number
- BE 0438.705.759
- Registered office
- Yzerhand(BEV) 25, 9120 Beveren-Kruibeke-Zwijndrecht
- Names & denominations
- TRUST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 19 October 1989
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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