Financials
Financial year 2025
Trust Building from Beringen, company number BE0659763118, closed financial year 2025 with a result of € 47,370 after tax. For that financial year Trust Building recorded a gross margin of € 70,611 and equity of € 84,844. Compared with financial year 2024, the result moved from € -64,479 to € 47,370. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on February 10, 2026.
€ 84,844
▲ 126% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 47,370
▲ still € 64,479 loss in 2024
Profit after tax over the fiscal year.
€ 2,745
▼ 52% 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 € 66,244.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 4,027
▼ 45% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 27,500
▼ 45% vs 2024
Loans from banks and other lenders, long and short.
€ 69,326
▼ 47% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,423
▼ 6% 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 | € 30,839 | € 24,308 | € -48,870 | € 70,611 | ▲ € 119,481 |
| Profit after taxes | € 13,146 | € 3,413 | € -64,479 | € 47,370 | ▲ € 111,849 |
| Equity | € 109,940 | € 101,953 | € 37,474 | € 84,844 | ▲ 126% |
| Total debts | € 190,268 | € 99,263 | € 185,797 | € 102,249 | ▼ 45% |
| Cash | € 3,308 | € 8,988 | € 5,685 | € 2,745 | ▼ 52% |
| Retained profit | € 91,340 | € 83,353 | € 18,874 | € 66,244 | ▲ 251% |
| Dividend | € 15,000 | € 11,400 | € 0 | € 0 | |
| Bank debt | € 40,000 | € 5,000 | € 50,000 | € 27,500 | ▼ 45% |
| Balance sheet total | € 300,207 | € 201,215 | € 223,271 | € 187,093 | ▼ 16% |
Key figures of Trust Building, 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 Trust Building?
What happened at Trust Building in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 47,370. Source: NBB ↗
- New establishment in Beringen. KBO
- Daniël Kiesow became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 13,146 profit in 2022 to € 47,370 profit in 2025.
Paid € 20,490 in corporate taxes since 2022.
Best year ever: 2025, with € 47,370 profit.
Paid out € 26,400 in dividends to the owners in total.
Management
Behind Trust Building is Daniël Kiesow. Daniël Kiesow is also behind OCTOPUS CONSULTANCY.
Directors
According to the 2025 annual accounts
since 2016
Establishments
Establishment units
Physical locations of this company
De Weven 17 box 2
3583 Beringen
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 3 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
- 0659.763.118
- VAT number
- BE 0659.763.118
- Registered office
- De Weven 17 bus 2, 3583 Beringen
- Names & denominations
- Trust Building
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 18 July 2016
- Peppol
- Active · Active since 19 Sept 2025
- Activities · NACE
Algemene bouw van residentiële gebouwen
Overige werkzaamheden in verband met de afwerking van gebouwen
Overige bouwinstallatie
Overige bouwinstallatie, n.e.g.