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 30 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
Eastman Chemical Technology from Gent, company number BE0671793393, closed financial year 2025 with a result of € 115,520 after tax. For that financial year Eastman Chemical Technology recorded a gross margin of € 6.9 million and equity of € 616,866. Compared with financial year 2024, the result moved from € 51,679 to € 115,520. 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 June 25, 2026.
€ 616,866
▲ 23% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 115,520
▲ 124% vs 2024
Profit after tax over the fiscal year.
€ 303,398
▲ € 279,825 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 € 596,866.
People and assets in 2025
50.2
▲ 2.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 6 million
▲ 16% vs 2024
€ 118,600 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 225,815
▲ € 187,749 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 243,723
▼ 80% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 1.1 million
▼ 11% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 4,940,922 | € 5,334,379 | € 5,795,098 | € 6,920,031 | ▲ 19% |
| Profit after taxes | € 272,673 | € -34,353 | € 51,679 | € 115,520 | ▲ 124% |
| Equity | € 484,020 | € 449,667 | € 501,346 | € 616,866 | ▲ 23% |
| Total debts | € 3,788,532 | € 4,438,186 | € 5,222,173 | € 4,603,121 | ▼ 12% |
| Cash | € 47,932 | € 145,707 | € 23,573 | € 303,398 | ▲ € 279,825 |
| Retained profit | € 464,020 | € 429,667 | € 481,346 | € 596,866 | ▲ 24% |
| Balance sheet total | € 4,272,552 | € 4,887,853 | € 5,723,519 | € 5,219,987 | ▼ 9% |
| Employees (FTE) | 39.4 | 46.3 | 47.8 | 50.2 | ▲ 2.4 |
Key figures of Eastman Chemical Technology, 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 Eastman Chemical Technology?
What happened at Eastman Chemical Technology in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 115,520 (▲ 124% vs 2024). Source: NBB ↗
- Joris Kuijpers became a director. NBB
- New establishment in Gent. KBO
- Sabine Ketsman became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 272,673 profit in 2022 to € 115,520 profit in 2025.
Paid € 338,987 in corporate taxes since 2022.
Best year ever: 2022, with € 272,673 profit.
On average € 137,800 of value added per employee in 2025.
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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 Eastman Chemical Technology are Joris Kuijpers and Sabine Ketsman. The same people are also behind Eastman Belgium Finance. Sabine Ketsman is also behind Taminco.
Directors
According to the 2025 annual accounts
since 2019
since 2017
Establishments
Establishment units
Physical locations of this company
Technologiepark-Zwijnaarde 30
9052 Gent
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
- 0671.793.393
- VAT number
- BE 0671.793.393
- Registered office
- Technologiepark-Zwijnaarde 30, 9052 Gent
- Names & denominations
- Eastman Chemical Technology
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 February 2017
- Peppol
- Active · Active since 31 Dec 2025
- Activities · NACE
Groothandel in chemische producten voor industrieel gebruik
Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied
Overig speur- en ontwikkelingswerk op natuurwetenschappelijk gebied