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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Tight liquidity NBB
Cash and receivables cover 10 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GUSTAVE from Bonheiden, company number BE0644775727, closed financial year 2025 with a result of € 1,040 after tax. For that financial year GUSTAVE recorded a gross margin of € -4,595 and equity of € 22,711. Compared with financial year 2024, the result moved from € -4,826 to € 1,040. Profitable, and profit is growing. The buffer shrank hard: equity is 97 % below last year. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on June 29, 2026.
€ 22,711
▼ 97% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1,040
▲ still € 4,826 loss in 2024
Profit after tax over the fiscal year.
€ 66,458
▼ 78% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 645,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 152
▲ 167% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 98,380
▲ € 96,619 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 | € -3,258 | € -5,632 | € -4,359 | € -4,595 | ▼ € 236 |
| Profit after taxes | € -7,890 | € -10,342 | € -4,826 | € 1,040 | ▲ € 5,866 |
| Equity | € 681,839 | € 671,497 | € 666,671 | € 22,711 | ▼ 97% |
| Total debts | € 72,683 | € 75,517 | € 80,460 | € 729,229 | ▲ € 648,769 |
| Cash | € 751,633 | € 742,269 | € 300,072 | € 66,458 | ▼ 78% |
| Retained profit | € 661,839 | € 651,497 | € 646,671 | € 2,711 | ▼ € 643,960 |
| Dividend | € 0 | € 0 | € 0 | € 645,000 | |
| Balance sheet total | € 754,522 | € 747,014 | € 747,131 | € 751,940 | ▲ 1% |
Key figures of GUSTAVE, 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 GUSTAVE?
What happened at GUSTAVE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 1,040. Source: NBB ↗
- Stijn De Ceuster became a director. NBB
- New establishment in Bonheiden. KBO
- Start of the company according to the CBE. KBO
In short
From € 7,890 loss in 2022 to € 1,040 profit in 2025.
Best year ever: 2025, with € 1,040 profit.
Paid out € 645,000 in dividends to the owners in total.
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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 GUSTAVE is Stijn De Ceuster. Stijn De Ceuster is also behind MEDEC.
Directors
According to the 2025 annual accounts
since 2023
Establishments
Establishment units
Physical locations of this company
Guldensporenlaan 21
2820 Bonheiden
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0644.775.727
- VAT number
- BE 0644.775.727
- Registered office
- Guldensporenlaan 21, 2820 Bonheiden
- Names & denominations
- GUSTAVE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 December 2015
- Peppol
- Active · Active since 26 Dec 2025
- Activities · NACE
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