Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 1 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
CONSTITUTIE MANAGEMENT from Kalmthout, company number BE0467170509, closed financial year 2025 with a result of € -29,418 after tax. For that financial year CONSTITUTIE MANAGEMENT recorded a gross margin of € 21,972 and equity of € 383,206. Compared with financial year 2024, the result moved from € -27,505 to € -29,418. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on August 26, 2026.
€ 383,206
▼ 7% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -29,418
▼ 7 % more loss than in 2024
Profit after tax over the fiscal year.
€ 306
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 321,206.
Debts at end 2025
€ 397,201
▲ 19% vs 2024
€ 51,854 is repaid this year. At this pace the long-term loan is gone in ≈ 8 years.
€ 3,644
▲ € 3,576 vs 2024
Supplier invoices still open on the last day of the fiscal year.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 63,295 | € 27,057 | € 19,604 | € 21,972 | ▲ 12% |
| Profit after taxes | € 19,654 | € -14,447 | € -27,505 | € -29,418 | ▼ € 1,914 |
| Equity | € 454,576 | € 440,129 | € 412,624 | € 383,206 | ▼ 7% |
| Total debts | € 486,706 | € 438,700 | € 405,875 | € 409,738 | ▲ 1% |
| Cash | € 71,265 | € 35,630 | - | € 306 | |
| Land & buildings | € 869,929 | € 842,965 | € 816,000 | € 792,000 | ▼ 3% |
| Retained profit | € 392,576 | € 378,129 | € 350,624 | € 321,206 | ▼ 8% |
| Bank debt | € 418,579 | € 368,626 | € 333,682 | € 397,201 | ▲ 19% |
| Balance sheet total | € 941,282 | € 878,829 | € 818,499 | € 792,944 | ▼ 3% |
Key figures of CONSTITUTIE MANAGEMENT, 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 CONSTITUTIE MANAGEMENT?
What happened at CONSTITUTIE MANAGEMENT in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Filip Busschots stepped down as director. NBB
- Jacques Busschots stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 29,418. filed late Source: NBB ↗
- Filip Busschots became a director. NBB
- Jacques Busschots became a director. NBB
- New establishment in Kalmthout. KBO
- Start of the company according to the CBE. KBO
In short
From € 19,654 profit in 2022 to € 29,418 loss in 2025.
Paid € 1,965 in corporate taxes since 2022.
Best year ever: 2022, with € 19,654 profit.
Management
Directors
According to the 2025 annual accounts
since 2024 · until 2030
Jacques Busschots
Chairman of the board
since 2024 · until 2030
Establishments
Establishment units
Physical locations of this company
Middendreef (Heide) 34
2920 Kalmthout
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0467.170.509
- VAT number
- BE 0467.170.509
- Registered office
- Middendreef (Heide) 34, 2920 Kalmthout
- Names & denominations
- CONSTITUTIE MANAGEMENT
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 28 October 1999
- Peppol
- Active · Active since 30 Jan 2025