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 17 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
KOUTERVEST from Zele, company number BE0534858790, closed financial year 2025 with a result of € 12,702 after tax. For that financial year KOUTERVEST recorded a gross margin of € 90,883 and equity of € 29,619. Compared with financial year 2024, the result moved from € 3,123 to € 12,702. Profitable, and profit is growing. The buffer is growing. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on July 8, 2026.
€ 29,619
▲ 75% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 12,702
▲ € 9,578 vs 2024
Profit after tax over the fiscal year.
€ 27,959
▲ 151% 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 € 9,619.
Debts at end 2025
€ 980,633
▼ 15% vs 2024
€ 33,955 is repaid this year. At this pace the long-term loan is gone in ≈ 18 years.
€ 10,162
▲ 139% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1,062
▼ 88% 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 | € 6,280 | € 50,274 | € 47,542 | € 90,883 | ▲ 91% |
| Profit after taxes | € 95 | € 1,560 | € 3,123 | € 12,702 | ▲ € 9,578 |
| Equity | € 12,233 | € 13,794 | € 16,917 | € 29,619 | ▲ 75% |
| Total debts | € 863,858 | € 1,019,435 | € 1,518,227 | € 1,408,915 | ▼ 7% |
| Cash | € 7,112 | € 6,650 | € 11,141 | € 27,959 | ▲ 151% |
| Land & buildings | - | - | € 603,286 | € 583,196 | ▼ 3% |
| Retained profit | € -7,767 | € -6,206 | € -3,083 | € 9,619 | ▲ € 12,702 |
| Bank debt | € 545,000 | € 545,000 | € 1,156,769 | € 980,633 | ▼ 15% |
| Balance sheet total | € 876,091 | € 1,033,229 | € 1,535,144 | € 1,438,533 | ▼ 6% |
Key figures of KOUTERVEST, 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 KOUTERVEST?
What happened at KOUTERVEST in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 12,702 (▲ € 9,578 vs 2024). Source: NBB ↗
- Roeland De Geyter became a director. NBB
- Jos den Hartogh stepped down as director. NBB
- Ing. Wim De Thaey became a director. NBB
- Start of the company according to the CBE. KBO
- ir. Paul De Roover became a director. NBB
- Jos den Hartogh became a director. NBB
In short
From € 95 profit in 2022 to € 12,702 profit in 2025.
Paid € 3,128 in corporate taxes since 2022.
Best year ever: 2025, with € 12,702 profit.
Management
The stake of DERO GROUP comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
KOUTERVESTBehind KOUTERVEST are ir. Paul De Roover, Ing. Wim De Thaey and Roeland De Geyter. The shares are held by DERO GROUP (50%).
Directors
According to the 2025 annual accounts
ir. Paul De Roover
Director
Also active at: STOROFIC, DERO CONSTRUCT, MOERLINDE, DERO GROUP, Astridplein, Haegeland, GerMar, Heideroos +1 more
since 2013
Ing. Wim De Thaey
Director
Also active at: STOROFIC, DERO CONSTRUCT, MOERLINDE, DERO GROUP, Astridplein, STERREBUILDING
since 2024
Roeland De Geyter
Director
Also active at: STOROFIC, DERO CONSTRUCT, MOERLINDE, DERO GROUP, STERREBUILDING
since 2026
since 2013 · until 2026
Shareholders
50%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Lindestraat 10
9240 Zele
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 9 companies are registered at this address.
All companies at this address →VERMI
€ 339 gross margin · 2025
STOROFIC same network
€ 737,792 gross margin · 2025
Astridplein same network
€ -17,104 gross margin · 2025
STERREBUILDING same network
€ -10,098 gross margin · 2025
Damast-Center
€ 52,465 gross margin · 2025
+4 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
- 0534.858.790
- VAT number
- BE 0534.858.790
- Registered office
- Lindestraat 10, 9240 Zele
- Names & denominations
- KOUTERVEST
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 June 2013
- Peppol
- Active · Active since 4 Dec 2025
- Activities · NACE
Ontwikkeling van residentiële bouwprojecten
Verhuur en exploitatie van eigen of geleased residentieel onroerend goed, exclusief sociale woningen
Algemene bouw van kantoorgebouwen
Ontwikkeling van niet-residentiële bouwprojecten
Algemene bouw van residentiële gebouwen
Handel in eigen onroerend goed