Financials
Financial year 2025
Sweet Mustard from Kortrijk, company number BE0676714263, closed financial year 2025 with a result of € 223,793 after tax. For that financial year Sweet Mustard recorded revenue of € 7.2 million and equity of € 1.2 million. Compared with financial year 2024, the result moved from € 198,296 to € 223,793. Profitable, and profit is growing. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 27, 2026.
€ 1.2 million
▼ 18% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 223,793
▲ 13% vs 2024
Profit after tax over the fiscal year.
€ 22,257
▼ 88% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 500,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
30.2
▼ 2.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 2.2 million
▲ 5% vs 2024
€ 73,800 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.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 754,242
▼ 2% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 292,523
▼ 9% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 9,223,955 | € 6,722,196 | € 8,246,256 | € 7,246,904 | ▼ 12% |
| Gross margin | € 2,684,804 | € 1,846,376 | € 2,519,841 | € 2,451,487 | ▼ 3% |
| Profit after taxes | € 325,874 | € 128,606 | € 198,296 | € 223,793 | ▲ 13% |
| Equity | € 1,188,893 | € 1,317,499 | € 1,515,795 | € 1,239,587 | ▼ 18% |
| Total debts | € 1,405,881 | € 1,452,089 | € 1,165,579 | € 1,548,265 | ▲ 33% |
| Cash | € 19,416 | € 260,238 | € 183,912 | € 22,257 | ▼ 88% |
| Retained profit | € 1,038,893 | € 1,167,499 | € 1,365,795 | € 1,089,587 | ▼ 20% |
| Dividend | € 0 | € 0 | € 0 | € 500,000 | |
| Balance sheet total | € 2,594,970 | € 2,769,784 | € 2,681,374 | € 2,789,335 | ▲ 4% |
| Employees (FTE) | 37.3 | 32.8 | 32.8 | 30.2 | ▼ 2.6 |
Key figures of Sweet Mustard, 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 Sweet Mustard?
What happened at Sweet Mustard in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- De Cronos Groep stepped down as director. NBB
- Josephus de Wit stepped down as director. NBB
- Nohlen NV stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 223,793 (▲ 13% vs 2024). Source: NBB ↗
- De Cronos Groep became a director. NBB
- Josephus de Wit became a director. NBB
- Nohlen NV became a director. NBB
- New establishment in Kortrijk. KBO
In short
From € 325,874 profit in 2022 to € 223,793 profit in 2025.
Paid € 279,957 in corporate taxes since 2022.
Best year ever: 2022, with € 325,874 profit.
On average € 81,200 of value added per employee in 2025.
Management
The shares are held by Cronos aan de Leie NV (50%) and Quertus Group SARL (40%). It owns 100% of Debreuck Neirynck NV, 98% of OCTOO and 68% of CYMO NV itself.
Directors
According to the 2025 annual accounts
Director · represented by Dirk Deroost
Also active at: RESIDENCE LES ONDES, FOCUS ADVERTISING, Cronos, EECKHOUT JAN, VENTIGRATE, CRONOS PUBLIC SERVICES, Customer Link, Obycron +444 more
since 2022 · until 2028
Josephus de Wit
Director
since 2022 · until 2028
Director · represented by Pascal Vanhalst
since 2022 · until 2028
Shareholders
Quertus Group SARL
40%
Participations
Establishments
Establishment units
Physical locations of this company
Lucky Lukestraat(Kor) 6
8500 Kortrijk
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →FOCUS ADVERTISING same network
€ 5.3 million revenue · 2025
Cronos aan de Leie same network
€ 8 million revenue · 2025
Noest same network
€ 5.1 million revenue · 2025
Debreuck Neirynck same network
€ 1,089 revenue · 2025
Kohera aan de Leie same network
€ 1.1 million revenue · 2025
+2 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
- 0676.714.263
- VAT number
- BE 0676.714.263
- Registered office
- Lucky Lukestraat(Kor) 6, 8500 Kortrijk
- Names & denominations
- Sweet Mustard
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 June 2017
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
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