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 18 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
GUSTAN from De Panne, company number BE0692800229, closed financial year 2025 with a result of € 73,775 after tax. For that financial year GUSTAN recorded a gross margin of € 180,424 and equity of € 523,882. Compared with financial year 2024, the result moved from € 58,126 to € 73,775. 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 July 23, 2026.
€ 523,882
▲ 16% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 73,775
▲ 27% vs 2024
Profit after tax over the fiscal year.
€ 28,697
▲ 25% 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 € 511,482.
People and assets in 2025
0
Average over the fiscal year, from the social balance sheet.
€ 60,367
▼ 25% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 117,420
▼ 41% vs 2024
€ 19,933 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 2,254
▼ 57% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 9,510
▲ 202% 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 | € 178,583 | € 267,230 | € 159,694 | € 180,424 | ▲ 13% |
| Profit after taxes | € 79,346 | € 147,589 | € 58,126 | € 73,775 | ▲ 27% |
| Equity | € 244,392 | € 391,981 | € 450,107 | € 523,882 | ▲ 16% |
| Total debts | € 495,505 | € 441,092 | € 345,480 | € 278,650 | ▼ 19% |
| Cash | € 54,228 | € 153,453 | € 22,902 | € 28,697 | ▲ 25% |
| Land & buildings | € 657,748 | € 633,106 | € 657,706 | € 631,381 | ▼ 4% |
| Retained profit | € 231,992 | € 379,581 | € 437,707 | € 511,482 | ▲ 17% |
| Bank debt | € 357,397 | € 278,058 | € 198,067 | € 117,420 | ▼ 41% |
| Balance sheet total | € 739,897 | € 833,073 | € 795,587 | € 802,533 | ▲ 1% |
Key figures of GUSTAN, 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 GUSTAN?
What happened at GUSTAN in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 73,775 (▲ 27% vs 2024). Source: NBB ↗
- Anja Van Goethem became a director. NBB
- New establishment in De Panne. KBO
- Gunther Schoenmaekers became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 79,346 profit in 2022 to € 73,775 profit in 2025.
Paid € 185,064 in corporate taxes since 2022.
Best year ever: 2023, with € 147,589 profit.
Management
Behind GUSTAN are Anja Van Goethem and Gunther Schoenmaekers. It owns 25.3% of S Finance BVBA itself.
Directors
According to the 2025 annual accounts
Anja Van Goethem
Director
since 2024
Gunther Schoenmaekers
Director
since 2018
Establishments
Establishment units
Physical locations of this company
Dynastielaan 28 box 602
8660 De Panne
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0692.800.229
- VAT number
- BE 0692.800.229
- Registered office
- Dynastielaan 28 bus 602, 8660 De Panne
- Names & denominations
- GUSTAN
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 22 March 2018
- Peppol
- Active · Active since 31 Oct 2025