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.
-
Tight liquidity NBB
Cash and receivables cover 25 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Cusher from Houthalen-Helchteren, company number BE0473058805, closed financial year 2025 with a result of € -8,888 after tax. For that financial year Cusher recorded a gross margin of € 5,708 and equity of € 6,369. Compared with financial year 2024, the result moved from € -18,791 to € -8,888. The company made a loss. The buffer shrank hard: equity is 58 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ 6,369
▼ 58% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -8,888
▲ 53 % less loss than in 2024
Profit after tax over the fiscal year.
€ 22
▼ 98% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -21,740.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,532
▼ 45% vs 2024
Of which on lease € 2,094.
Debts at end 2025
€ 80,763
▼ 8% vs 2024
€ 7,308 is repaid this year. At this pace the long-term loan is gone in ≈ 10 years.
€ 5,469
▼ 9% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 6,967
▲ 37% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 14,925 | € 20,423 | € -4,427 | € 5,708 | ▲ € 10,134 |
| Profit after taxes | € 9,449 | € 4,336 | € -18,791 | € -8,888 | ▲ € 9,903 |
| Equity | € 29,712 | € 34,048 | € 15,257 | € 6,369 | ▼ 58% |
| Total debts | € 116,368 | € 120,790 | € 135,857 | € 131,774 | ▼ 3% |
| Cash | € 1,105 | € 477 | € 1,038 | € 22 | ▼ 98% |
| Land & buildings | € 83,718 | € 95,782 | € 84,869 | € 80,452 | ▼ 5% |
| Retained profit | € 1,602 | € 5,939 | € -12,852 | € -21,740 | ▼ € 8,888 |
| Bank debt | € 80,027 | € 95,600 | € 87,538 | € 80,763 | ▼ 8% |
| Balance sheet total | € 146,080 | € 154,838 | € 151,114 | € 138,143 | ▼ 9% |
Key figures of Cusher, 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 Cusher?
What happened at Cusher in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 8,888. filed late Source: NBB ↗
- New establishment in Houthalen-Helchteren. KBO
- Ronny Custermans became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 9,449 profit in 2022 to € 8,888 loss in 2025.
Paid € 4,697 in corporate taxes since 2022.
Best year ever: 2022, with € 9,449 profit.
Management
Behind Cusher is Ronny Custermans. Ronny Custermans is also behind O'CUS, ByCH and WeBuild.
Establishments
Establishment units
Physical locations of this company
Weg naar Zwartberg 120 box 2
3530 Houthalen-Helchteren
Weg naar Zwartberg 102 box 2
3530 Houthalen-Helchteren
Active since 30 November 2010
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 →NEYENS
€ -24,354 gross margin · 2025
O'CUS same network
€ -2,469 gross margin · 2025
U&wij Houthalen-Helchteren
ByCH same network
€ 1,196 gross margin · 2025
NEYENS ENGINEERING
€ 49,644 gross margin · 2025
+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
- 0473.058.805
- VAT number
- BE 0473.058.805
- Registered office
- Weg naar Zwartberg 120 bus 2, 3530 Houthalen-Helchteren
- Names & denominations
- Cusher
- Enterprise type
- Rechtspersoon
- Legal form
- Cooperative company
- Legal situation
- Normale toestand
- Start date
- 17 October 2000
- Peppol
- Active · Active since 29 Jan 2026
- Activities · NACE
Activiteiten van bouwarchitecten
Architecten