Financials
Financial year 2025
TrustCore from Gent, company number BE0506884188, closed financial year 2025 with a result of € 94,082 after tax. For that financial year TrustCore recorded a gross margin of € 136,196 and equity of € 37,350. Compared with financial year 2024, the result moved from € 73,335 to € 94,082. Profitable, and profit is growing. The company holds a healthy buffer. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on December 8, 2025.
€ 37,350
▼ 27% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 94,082
▲ 28% vs 2024
Profit after tax over the fiscal year.
€ 148,463
▲ 34% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 107,942 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 10,710
▲ € 8,358 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 144,333
▼ 8% vs 2024
€ 12,745 is repaid this year. At this pace the long-term loan is gone in ≈ 11 years.
€ 6,304
▼ 5% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 13,983
▼ 12% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 102,771 | € 129,687 | € 124,276 | € 136,196 | ▲ 10% |
| Profit after taxes | € 55,522 | € 79,288 | € 73,335 | € 94,082 | ▲ 28% |
| Equity | € 39,210 | € 39,210 | € 51,210 | € 37,350 | ▼ 27% |
| Total debts | € 279,818 | € 271,977 | € 243,170 | € 263,557 | ▲ 8% |
| Cash | € 146,811 | € 141,096 | € 111,008 | € 148,463 | ▲ 34% |
| Land & buildings | € 121,455 | € 100,983 | € 83,280 | € 69,974 | ▼ 16% |
| Retained profit | € 20,610 | € 20,610 | € 32,610 | € 18,750 | ▼ 43% |
| Dividend | € 78,396 | € 79,288 | € 61,335 | € 107,942 | ▲ 76% |
| Bank debt | € 181,380 | € 169,240 | € 156,892 | € 144,333 | ▼ 8% |
| Balance sheet total | € 319,028 | € 311,187 | € 294,380 | € 300,907 | ▲ 2% |
Key figures of TrustCore, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 30 April 2027.
What happened to TrustCore?
What happened at TrustCore in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 94,082 (▲ 28% vs 2024). Source: NBB ↗
- Erik van Zuuren became a director. NBB
- New establishment in Gent. KBO
- Start of the company according to the CBE. KBO
In short
From € 55,522 profit in 2022 to € 94,082 profit in 2025.
Paid € 77,828 in corporate taxes since 2022.
Best year ever: 2025, with € 94,082 profit.
Paid out € 326,962 in dividends to the owners in total.
Management
Behind TrustCore is Erik van Zuuren.
Directors
According to the 2025 annual accounts
Erik van Zuuren
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Lusthoflaan 119
9030 Gent
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
ONECOM, DK
Domain
Domain
trustcore.eu
Registrar
Hostnet bv
Website info
Features
Security
Network
Details
- Company number
- 0506.884.188
- VAT number
- BE 0506.884.188
- Registered office
- Lusthoflaan 119, 9030 Gent
- Names & denominations
- TrustCore
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 4 December 2014
- Peppol
- Active · Active since 27 Mar 2025
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